Guest Author - Sharon Michaels
Abundance and Wealth Newsletter readers have asked me to compile the weekly “Did You Know” questions into special articles.
Here’s the fourth collection. I’ve also included the “Pearls of Wisdom.”
You can always find the answers to the “Did You Know” questions on the Abundance and Wealth forum the same day the newsletter is sent to our subscribers.
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This collection covers February 5, 2008 – February 26, 2008.
February 5, 2008
Featured article:
Abundance and the Universal Law of Circulation
Here’s the link:
Abundance and the Universal Law of Circulation
“Did You Know” Question:
Did you know that the rich know how to control their ______ _____, that’s why they are rich? (From The Rules of Money, R. Templar)
a. shopping urges
b. spending urges
c. investing urges
The correct answer is b. spending urges
The surest way not to become wealthy is to spend everything you have. Wealth is created when there is a balance between earning, spending, enjoying and saving. Make a list of long-term goals and stay focused on your list. Urges come and go, but focusing on those long-term goals for the future will help you stay the course.
“The most popular labor-saving device is still money.”
Phyllis George, former Miss America and TV Personality
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February 12, 2008
Featured article:
Money Myths Become Negative Money Habits
Here’s the link:
Money Myths Become Negative Money Habits
“Did You Know” Question:
Did you know that it’s neither safe nor practical to assume that the man in your life can be counted on to take care of your finances? (Smart Women Finish Rich, David Bach)
a. TRUE
b. FALSE
Correct answer: a. TRUE.
“Stuff” happens in life and we all need to be prepared to care for ourselves. Make time to become financially savvy. You can start by reading books, listening to CD’s, taking classes and asking questions. You owe it to yourself to be in charge of your own financial future.
“From birth to 18, a girl needs good parents. From 18 to 35, she needs good looks. From 35 to 55, good personality. From 55 on, she needs good cash. I’m saving my money.”
Sophie Tucker, Actress
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February 18, 2008
Featured article:
Money Savvy Women
Here’s the link:
Money Savvy Women
“Did You Know” Question:
Did you know that _____ _____ is the nickname for the New York Stock Exchange?
a. Big Board
b. Bear Market
c. Bull Market
The correct answer: a. Big Board
The New York Stock Exchange begun on May 17, 1792 and has been located on Wall Street since 1903. The NYSE is the largest stock exchange in the world. Today, the NYSE lists stocks with a value of about $20 trillion dollars. Daily trading often tops 1 billion shares with record trading recorded on September 17, 2001 of 2.3 billionaire shares. The companies listed on the NYSE are located all over the world.
“Money is dear.”
George Sands, author
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February 26, 2008
Featured article:
Credit In Your Name
Here’s the link:
Credit In Your Name
“Did You Know” Question:
Did you know that women who have financial _______ are more focused and determined to succeed?
a. goals
b. problems
c. expenses
Correct answer: a. goals
As with anything, goals keep us going forward and, for the most part, in the right direction. Your financial goals are simply guideposts along the road to financial success. Goals help keep us focused on what is important to us in the future. Financial security is about planning and implementing those plans that will take us positively forward. The future is always brighter when you know where you’re going and why you’re going there.
“Some people give time, some money, some of their skills and connections, some literally of their life’s blood … but everyone has something to give.”
Former First Lady Barbara Bush
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All past issues of the Abundance and Wealth Newsletter are archived at:
Abundance and Wealth Newsletter
All past Abundance and Wealth featured articles are archived at:
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Answers to the past Newsletter questions can be found on our forum:
Abundance and Wealth Forum
