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How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

A financial advisor told me recently that the thing that really made him upset was that nearly every new client he spoke to was making the same disastrous personal finance mistakes. So let’s look at the most common personal finance mistakes and what you can do to prevent or fix them. Minimum Payments On Credit Cards.

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How to Start a Business in 15 Steps

Savings Corner

If your city has officials who work on economic development issues, they may be helpful too. Open a business bank account Keeping your business and personal finances separate is key to managing your business finances. If you take payments in person, you’ll probably need a point-of-sale system too.

Finance 52
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What Is A Personal Loan?

Savings Corner

One of the biggest benefits of a personal loan is that they often charge lower fixed interest rates when compared to other forms of lending, like credit cards. How a personal loan works A personal loan is money you borrow from a bank or other financial institution with a set repayment period and consistent monthly payments.

Debt 52
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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession?

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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Budgeting and Economics. Wayne presents Purpose of Budgeting posted at Young Family Finance , saying, “Are you left wondering why you should budget? Justin presents Know the Common Mistakes with Your Personal Finances posted at Budget Snob , saying, “Many people make the same financial mistakes.

Money 133
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Accounting Principles: Basic Definitions, Why They’re Important

Savings Corner

Economic entity assumption This accounting principle states that you should avoid commingling business and personal funds. For example, you should avoid putting personal expenses on a business credit card. It’s better for cash flow purposes to overestimate your expenses rather than your income.

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Festival of Frugality #271- 10 Movies, 10 Lessons Edition

Prairie Eco-Thrifter

Kristia presents Save Money On Groceries Without Using Coupons | Kitchen Economics Link Up posted at Family Balance Sheet , saying, “You don’t have to be an extreme couponer to save money on groceries.&#. There are lots of ways you can entertain yourself and your family on a budget.&#. Here’s how…&#.

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