Product Disclosure Statement, Low Income Savers, Goal Setting

by Ben S. on August 13, 2009Personal Finance Roundups

Some more summer reading coming your way! How about these financial posts?

On Your Finances

Debt Loans shares with us How To Read A Product Disclosure Statement (PDS). Do you ever read the PDS of a financial product? If you don’t, you should, since the fine print often reveals a lot of stuff that will clear any cause for potential misunderstanding.

Milking The Dollar has an inspiring piece on how strong savers can become wealthy even at low income levels. Can you become wealthy even if you earn only $20,000 a year? I’ve heard so many stories of people who’ve succeeded on modest salaries: there are facility superintendents, building supervisors and teachers who’ve become wealthy just by being dedicated savers, so I find this very feasible.

My Life Finance discusses the matter of setting and achieving goals. I agree with Bradley that we should be pegging down our goals as a way to get ourselves headed in the right direction with our plans. How can we steer ourselves somewhere without knowing where it is we are going? Great piece.

Almost Frugal talks about what “frugal” looks like. I love this interview conducted with Spending Zero Dollars which shares with us what frugal means and what it is like to live frugally. Any unusual things you do because you are frugal? Good question!

I hope you enjoyed our sampling of financial posts in the PF world. You’ll find more great posts if you visit these carnivals, which I had a chance of joining this past week:

{ 1 comment… read it below or add one }

Kelly from Almost Frugal August 13, 2009 at 11:58 am

Thanks for mentioning the series! I have a whole bunch more interviews coming- every Thursday through November at this point!

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