“From Ramen to Riches” reader gets into action!

On November 29, 2010, in Managing money, by Jim Wood

I recently came across this delightful post from a reader who has really taken the “From Ramen to Riches” message to heart. Check out: http://rainbowsandflats.com/2010/11/28/year-two/

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Personal finance holiday gift ideas

On November 25, 2010, in Uncategorized, by Jim Wood

The 2010 holiday shopping season is in full swing! I would be remiss if I didn’t post some of my favorite personal finance resources for you to consider as gift ideas. First up, here are some of my favorite books for learning about personal finance and getting into action on what you’ve learned: null Next [...]

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Tips for avoiding a holiday financial hangover

On November 20, 2010, in Saving money, by Jim Wood

With the money-spending madness of the holidays coming up, here are a few tips for avoiding a financial hangover come January, when all the bills start piling up. 1.    Make a list, and check it twice. Write down everyone you have to buy for, from the mailman to your Mom to your best friend. Once you [...]

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Haircuts for under $1, tip included

On November 12, 2010, in Saving money, by Jim Wood

Those who have read From Ramen to Riches know that I pride myself on getting the things I want for the least possible price. I started on this quest years ago while living in San Francisco. We wanted to figure out a way to get by on one income so that my wife could stay [...]

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“Search Inside” activated

On November 6, 2010, in Uncategorized, by Jim Wood

Amazon has just activated the “Search Inside!” feature for From Ramen to Riches: Building Wealth in Your 20s. You can now take a close look at the front and back cover, as well as browse some of the interior pages on Amazon.com. Visit the book’s Amazon listing here.

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What is a bond?

On November 5, 2010, in Investing money, by Jim Wood

A bond is debt issued by a corporation or a government entity. Think of it as an IOU. Bonds are issued in various amounts (called “face value”). They are sold to investors with a promise to pay interest at fixed intervals.  Assuming the investor holds an individual bond to the end of its life (when [...]

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