Guest Author - Sharon Michaels
Did You Know – Special Article Seven
Abundance and Wealth Newsletter readers have asked me to compile the weekly “Did You Know” questions into special articles.
Here’s the seventh collection. I’ve also included the “Pearls of Wisdom” quotations.
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 May 6, 2008 – May 27, 2008.
May 6, 2008
Featured article:
It’s Not About The Money – A Review.
Are you ready to discover your money personality? You know, the one that acts like a four year old one day and a mature adult the next. Brent Kessel in his book, It’s Not About The Money: Unlock Your Money Type to Achieve Spiritual and Financial Abundance explores the emotional and intellectual aspects of how we deal (or don’t deal) with our finances.
Here’s the link:
It's Not About The Money - A Review
“Did You Know” Question:
Did you know that in 1950 Frank McNamara introduced a cardboard card with his signature on it to pay his dining bill and it later became known as the Diners Club card?
TRUE
FALSE
The correct answer is a. TRUE
The idea of paying with a credit card was born in 1950 when Frank McNamara founded Diners Club. Two hundred people signed up for the first card that was accepted by 14 Manhattan restaurants. A year later, 42,000 people were carrying the card and more than 330 restaurants were accepting it.
Here’s the financial “pearl of wisdom” for the week:
“No amount of money can make others speak well of you behind your back.”
Chinese Proverb
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May 13, 2008
Featured article:
Anita Roddick of The Body Shop
Entrepreneur, self-made millionaire, social activist, nonconformist, mother and wife – Anita Roddick of The Body Shop did it all. Her vision of an environmentally friendly cosmetic store ended up changing the social consciousness of people worldwide. Here are a few of the abundance and wealth lessons we can learn from Dame Anita Roddick.
Here’s the link:
Anita Roddick of The Body Shop
“Did You Know” Question:
Did you know that an estimated 157 million Americans – out of an adult population of almost 200 million – have at least _______ credit card(s).
a. 5
b. 3
c. 1
Correct answer: c. 1
By contrast 46 million have a valid passport and 185 million have a driver’s license. In 2005 there were 929.6 million General Purpose (credit and debit) cards issued by Visa, MasterCard, American Express and Discover in the United States.
Here’s the financial “pearl of wisdom” for the week:
“Money makes a good servant but a bad master.”
French Proverb
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May 20, 2008
Featured Article
Think and Grow Rich – A Review
Who hasn’t heard of the classic book, Think and Grow Rich by Napoleon Hill? Is it a book about positive thinking or is it a book about wealth building? The answer: Both! After sixty plus years, this book is still selling millions of copies worldwide and for good reason.
Here’s the link:
Think and Grow Rich - A Review
“Did You Know” Question:
Did you know that according to a Federal Reserve survey, the wealth of the wealthy is mostly parked in stocks and bonds?
TRUE
FALSE
The correct answer: TRUE
Here’s the financial “pearl of wisdom” for the week:
“It’s what you don’t know about money that can hurt.”
David Bach, Author
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May 27, 2008
Featured article:
Getting Serious About Wealth Building
I read that the average working man or woman in the United States will have more than $1 million of earned income slip through their hands during their career years. This isn’t including interest on investments, the appreciation of their home and other forms of passive income. That’s an eye-opener!
Here’s the link:
Getting Serious About Wealth Building
“Did You Know” Question:
Did you know that the total U.S. Consumer debt (which includes installment, but not mortgage debt) reached $2.46 _________ in June 2007? (Source: Federal Reserve)
a. Million
b. Billion
c. Trillion
Correct answer: c. Trillion
Yes, that’s Trillion with a “T.” And that’s up from $2.398 Trillion at the end of 2006.
Here’s the financial “pearl of wisdom” for the week:
“Nobody ever wrote down a plan to be broke. Broke happens when you don’t have a plan.”
Larry Winget, Author
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All past issues of the Abundance and Wealth Newsletter are archived at:
Archived Newsletters
All past Abundance and Wealth featured articles are archived at:
Archived Articles
Answers to the past Newsletter questions can be found on our forum:
Abundance and Wealth Forum
