Monday, November 25, 2013

Certificates of Deposit

I'm pretty sure certificates of deposit aren't actual certificates anymore.
Read this if: 

1) You don't know what certificates of deposit are. 
2) You want to earn a little interest on your money with no risk of losing any. 

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When I first started investing, I wanted two things: I didn't want to lose my money, but I also didn't want to let it sit there. I knew that the less risk I was willing to take, the lower the return I would be able to get. My risk tolerance has increased significantly over the years, but I know a lot of people who are still iffy about risking their money. 

Something that I would recommend for people with a low risk tolerance is called a certificate of deposit (CD).

Monday, November 18, 2013

The Bare Essentials

Bear!
Relevance to the post is self-explanatory.
Read this if: 

1) You like money and being responsible but you have no idea where to start. 

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The hardest part about having a blog about personal finance is that I know people read my posts but I don't know if they ever do anything about it. I've gotten a couple of messages from people who did (someone felt very fulfilled after checking his credit score :D ) but I'd like to see more action. I think part of the problem is that most of the people who read Money Matters are in college - I know how busy a student can get. Here are some steps you can take towards financial awesomeness, that shouldn't take more than an hour or so each to complete!

Monday, November 11, 2013

Emergency Savings

Firetruck! The universal symbol for emergencies?

Read this if: 

1) You are responsible for yourself in some way (e.g. you have a car, you pay your own rent, etc.). 

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At some point in our lives, we will become financially independent and have to fend for ourselves. At that point, it will be really important that we have emergency savings set aside to cover unexpected costs.

Wednesday, November 6, 2013

Six Months!

Fireworks! :D :D :D 
Hey guys,

Thank you so much for reading my blog!

I've gotten almost 6000 views and many comments and emails about Money Matters. :) I can't believe it's been six months, or that my blog is still going, or that I'm still going with my blog, but I hope that during this time, you've learned something from it.

I really appreciate the time and efforts of the many people who helped me along the way, you guys rock! :D

Thanks,
Joan

Photo credit: Express Monorail via photopin cc

Monday, November 4, 2013

Book Review: Guide To The New Rules of Personal Finance


"Get on a budget. For the personal finance write, this is a bit like recommending that people floss more." 

-The Wall Street Journal: Guide To The New Rules of Personal Finance (The Essential Strategies for Saving, Investing, and Building a Portfolio in a World Turned Upside Down) p. 23
Dave Kansas