http://www.YourMoneyMogul.com Achieve Financial Independence as the CFO of Your Life Thu, 25 Dec 2008 04:03:40 +0000 http://backend.userland.com/rss092 en Are you tired of the commercialization of Christmas? When you stop and think of it, does it really matter if you buy people another toy/trinket or some other thing that has no lasting value?  Do materialistic things really matter that much? As I get older, I've been reflecting back on my ... http://www.YourMoneyMogul.com/have-yourself-a-meaningful-little-christmas/ I came across this excellent write-up on the word Commitment and thought you would appreciate seeing it as well. Commitment Until one is committed There is hesitancy, the chance to draw back Always ineffectiveness. Concerning all acts of initiative (and Creation) There is one elementary truth The ignorance which kills countless ideas and splendid plans: That the ... http://www.YourMoneyMogul.com/until-one-is-committed/ When I read Ryan Allis's book From Zero to One Million , he spoke of a lifestyle business versus other business types.  A lifestyle business is a business where you don't bring in a ton of revenue, but you produce results that let you live the lifestyle you desire. At www.Anywire.com ... http://www.YourMoneyMogul.com/think-being-a-lifestyle-entrepreneur-is-for-you-find-out/ According to the blog Lateral Action we are transitioning into the age where creativity rules. A country can produce two things: goods and services.  It used to be that America was the engine for producing goods, but that has since changed as globalization has taken hold.  Manufacturing jobs have shifted overseas, ... http://www.YourMoneyMogul.com/the-creative-economy-its-impact-on-you-and-how-to-profit-from-it/ What the heck is the difference between these two types of entrepreneurs? In his book The Toilet Paper Entrepreneur , Mike Michalowicz describes the differences between the world of modern day entrepreneurs.  A Media Darling Entrepreneur is someone who seems to rocket to huge success seamlessly, almost overnight.  A Toilet ... http://www.YourMoneyMogul.com/are-you-a-media-darling-entrepreneur-or-toilet-paper-entrepreneur/ Jim Rohn, a well-respected personal development speaker and author, speaks on the topic "The Day That Turns Your Life Around." This video covers the four parts he sees as being the process to change your life: Disgust Decision Desire Resolve He discusses the following points: The idea of embracing all experiences, letting each one teach you ... http://www.YourMoneyMogul.com/the-day-that-changes-your-life/ STOCK MARKET TERMS FOR THE NEW ECONOMY (as seen on www.efactor.com ) CEO -- Chief Embezzlement Officer. CFO -- Corporate Fraud Officer. BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, ... http://www.YourMoneyMogul.com/funny-stock-market-terms-for-the-new-economy/ There was a great article I read in the New York Times The Frugal Teenager, Ready or Not that talks about the affect the credit crisis is having on younger people. Many of them grew up during a time period where there was abundance, especially during the 1990's.  They do ... http://www.YourMoneyMogul.com/are-teenagers-ready-to-be-frugal/ Tip'd is an awesome site for both amateur and professional investors that provides financial news, ideas, and tips.  The site's goal is to foster a spirit of community around the subject of investing: think of the relationships you could make! The site is much like Digg.com: Tip'd users can submit content ... http://www.YourMoneyMogul.com/tipd-the-best-community-site-for-investors/ Everyone has a budget: a government, a business, or an individual. So how do you budget your money? There are only two ways to budget your money: Budget Deficit Budget Surplus A Budget Deficit is when you do not plan well and spend more money than you make. This could also be that you ... http://www.YourMoneyMogul.com/how-to-build-a-better-budget/