A simple, entertaining explanation of the credit crisis from Jonathan Jarvis. If you don’t exactly understand how the financial sector got into the mess it’s in, check out this brief illustrated video:
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
We are quickly closing in on the end of not only a terrible 18 month performance in the markets, but in fact the worst decade for stocks in the last 100 years. Since March of 2000, the Dow has lost 27.3%, the S&P 45%, and the Nasdaq nearly 71%. Since its peak in October of [...]
As we approach another year which promises to be full of economic uncertainty and upset, I’m sure many of us are evaluating and re-evaluating our expenses, savings and lifestyles.
Personally, we’ve canceled our health club membership, switched phone plans, discontinued magazine subscriptions and have amped up our savings even further. Moreover, we are uncluttering the basement [...]
Continue reading about Ask the readers: what’s the best financial advice you’ve ever received?
A lot of us are looking at Q4 401(k) statements that aren’t especially pretty, but that’s no reason to reduce contributions to your 401(k), ignore it altogether or – worst of all – withdraw from it to deal with current expenses.
At current valuations, continuing to contribute to your 401(k) makes great sense – after all, [...]
The files available via Practical Hacks’ FREE Downloads page hit the 1000 download mark this weekend. Thanks for downloading these files and I hope they have been helpful to you! A few notes and thoughts:
The most popular file: the “90 day action plan” for interviewees,- 246 downloads as I write this. This isn’t too surprising, [...]
Continue reading about 1000+ downloads later… “FREE Downloads” page update
I’ve never been big on New Year’s Resolutions (although I do have one for 2009 – see below,) but I’m a firm believer in setting goals each year. Mine primarily revolve around a few personal finance goals, a couple of personal / personal development goals, and goals for Practical Hacks as it approaches its one [...]
