The Media Simply Does Not Understand Econ

One Suggestion My Wife And I Have Used In Our Personal Finance Courses We Teach At College Is Simply Writing Down All Expenditures And Seeing Where The Money Goes. That Alone Will Cause Heads Of Households To Think Twice About X, Y Or Z Expenditure, And To Consider Carefully Whether They Really Need Something Or Not.

The Worst Thing That Can Happen To An Investor Is To Make Money On His First Trade; He Thinks Investing Is Easy

All Workers, Whether They Are Employed In The Private Or Public Sector, Should Avoid Living 'paycheck To Paycheck.' Studies Show That Every Household Wastes 10% Or More Of Its Salary Or Income On Unnecessary Expenditures Or By Not Taking The Time To Shop For Better Prices. It's All A Matter Of Proper Budgeting.

Contrary To What President Obama Said In His Inaugural Address, Going On Medicare And Food Stamps Does Not Strengthen Us. Just Ask People Who Are Fourth-generation Welfare Recipients.

The Income Tax Is Flawed For A Number Of Reasons - It Discourages Economic Growth And Encourages A Bloated Government.