Educational Resources
Money,
Finance, Economics
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Economics
What is
Money?
The
answer is no longer obvious. First, it was any "store of
value." Then, time was money, Today, money has evolved into
various physical, fiat, and virtual forms.
Khan
Academy: Economics and Finance
Look no further than Salman Kahn for short, easy,
effectively presented courses covering basic principles of
economics, finance, and investing.
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Personal Finance
Money
Flow
Money
behaves like a stream flowing one way ($ in, $ out). The
"money buckets" analogy helps us understand, control, and
optimize its course in our lives.
Budgeting
for Lazy People
There
are many ways to budget. Why do so many people forgo
budgeting? Two guiding principles make it simple: Live
Below Your Means, and the Rule of Fourths.
Bankrate
Current
interest rates on mortgages, credit cards, car loans, bank
accounts, other financial products. Expert advice on money
matters. Useful financial calculators.
mint.com
One-stop
personal money management. Budget, balance accounts, pay
bills, track expenses, find savings, follow investments.
Your financial life at your fingertips!
Insurance
Basics
Lifehacker
provides basic info on common insurance products you
probably need and should definitely be familiar with.
Second opinion from bankrate.com
here.
Best
Savings Accounts
Motley Fool lists banks paying the highest interest rates
on savings accounts. Find MF editors' best picks for high
yield savings accounts
here.
Establishing
Credit
Next to your education and saving/spending habits,
your
credit
score
will have the greatest impact on your financial life. It's
crucial to build excellent credit asap.
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Investing
Investopedia
Top
financial education site. Comprehensive
financial
dictionary,
net worth
calculator,
stock
simulator game,
financial
advice,
trading
academy,
and more.
Motley Fool
Well
respected financial education and advisory site,
covering:
news,
stock
picks,
how to
invest,
retirement,
taxes,
personal
finance,
forums,
premium
services.
Yahoo
Finance
One-stop
shop for all kinds of important financial and market info.
Current prices, rates, charts, news, recommendations,
screeners, calculators, watch-lists, hot tips.
Bloomberg
Well-known
business-centric site "... delivering business and
financial information, news and insights to customers
around the world."
Kiplinger
Award-winning business forecasts and financial advice
published in print since 1920 and now available online, as
well.
Active vs.
Passive Investing
Understanding and productively utilizing each of these very
different investing styles helps investors balance risks
and rewards.
Fundamental
vs. Technical Analysis
Careful
analysis (doing one's homework) is essential for success as
an active trader/investor.
Value
Investing
Buying undervalued companies (and selling overvalued ones)
is the principle technique used by
Warren
Buffett
to make his many billions.
Alternative
Investments
What else to buy besides stocks, bonds, and related
funds/ETFs? Plenty, if you're careful, don't mind a
learning curve, and aren't unduly intimidated by risk.
Brokerage
Reviews
Investopedia's
rankings of popular investment brokers. Be sure to check
out established low-cost companies like
Charles Schwab.
Robin
Hood
Mission: "Democratize the American financial system." Free
stock trades, SPIC protection, options &
cryptocurrentices make RH is a *great* choice for
beginners.
Flashfunders
Thanks to crowdfunding, you no longer have to be a rich
venture capitalist to invest in startups. Put as little as
$50 into micro-companies you believe will hit it big.
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Books
Get a Financial Life:
Personal Finance in your 20's and
30's
A
healthy relationship with money is most important in one's
early earning years, when decisions made set in motion
powerful life-long forces for good or ill.
The Richest Man in
Babylon
Financial
wisdom a century old. Parables set in Babylon teach lessons
in money management. First published in 1926, this could be
the best $13 you ever spend.
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Other
Numismatics
Coin
collectors hold history in their hands! Common grade
circulated coins are inexpensive and fun to collect.
Carefully selected rare coins qualify as investments.
Copyright
© 2006-Present: Christopher R. Borland. All Rights
Reserved.