Learning to be financially disciplined can set you on the right path to successful long-term investing. Long-term investors enjoy the benefits of compounding, as well as lowering taxes and commission costs.
573 ways to save money : save the cost of this book many times over in less than a day!
Peter Sander and Jennifer Sander.
Guilford, Conn. : Lyons Press, 2009.
Two personal finance experts offer 573 real tips and strategies to reduce spending, start a budget, and save money during tough financial times--or any other times! Among the many moneysaving ideas Peter and Jennifer Sander share--in concise, compelling nuggets of practical information--in these pages: Change your car's air filter Use a solar cooker Rent things you don't need year-round Find spa bargains at beauty schools Barter or trade Find a per-mile auto insurance policy Form a babysitting co-op Learn to be a handyperson Skip the extended warranty Increase your deductibles Weatherstrip your home Prepare for the SAT for free Write effective complaint letters Check your credit report for free
365 ways to live cheap : your everyday guide to saving money
Trent Hamm.
Avon, Mass. : Adams Media ; Newton Abbot : David & Charles [distributor], c2009.
Use cold water for most clothes washing and save up to $63 a year. Minimize your carload and reduce your gas mileage by as much as 5 percent. Invest in a deep freezer and fill it up with meat discounted at 30 percent or more.Take a look at your life and youll realize that theres almost always a way to make do on less. This book offers up a bevy of ways to cut down on costs and still enjoy a satisfying lifestyle in any situation. From practicing good gas conservation habits to learning to love leftovers, this book will help every aspiring penny pincher stop the unnecessary spending and find the fun in frugality!
Collateral damaged : the marketing of consumer debt to America
Charles R. Geisst.
New York : Bloomberg Press, 2009.
During the 1970s and 1980s, the use of credit cards, which had begun as a convenience, grew into an addiction. Collateral Damaged: The Marketing of Consumer Debt to America explains how a nation of savers became a nation of consumers and how Wall Street used consumers' addiction to spending to create the "toxic securities" that have wreaked havoc with the global economy. Book jacket.
One of the basic tenets of investing is diversification. An investment portfolio should not be just one opportunity. Instead, consider owning a mix of large-, small-, and medium-cap stocks and mutual funds, as well as some fixed-income securities (bonds).
Make your own investment decisions based on research.
- Review stocks past 52-week charts.
- Regularly read financial publications.
- Checkout independent research sources
- Use information from Missouri's Secretary of State.
You want to solidify your financial future. Be aware of opportunities available for creating or increasing retirement savings. Start changing your investing habits in order to provide for retirement years.
Get into the habit of saving money on a regular schedule. Saving as little as only $25/month is a beginning. Little steps do add up. Should you consult a financial planner? A qualified planner will help help you customize long-term investing for retirement by asking you to consider:
- When can I afford to retire?
- Will I have enough saved by retirement?
- How much can I spend in retirement?
- Which investments are best for me?
No matter what you decide to do for long-term investment, within a short period of time, your dollars hopefully will multiply. It is never to late, or too early, to start a long-term investment plan!
Article by: St. Louis Public Library staff
