Archive for April, 2009

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Super-Rich In UK Becoming Less Super-Rich In UK.

If you can afford to lose a few billion dollars but still have billions left, I have trouble feeling bad for you, even if it is 25% of your net worth. If I lost 25% of my net worth, I would be worth $.75, so there. ;) There’s a big difference in how much you lose, based on the initial size of your bank account. Figures compiled for the Sunday Times Rich List 2009 reveal that the number of billionaires has fallen from 75 to 43 in the past 12 months. Some gems from the article, which made me cry out in pain over their apparent poverty:

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Book Giveaway: ‘The Cure For Money Madness’.

This giveaway is now closed.As I promised yesterday, it’s time for yet another book giveaway. This time it is for “The Cure For Money Madness” by Spencer Sherman. This is a book that wants you to “Break Money Habits, Live Without Financial Stress – And Make More Money!”, so I am sure it will be of some use to a lucky reader. Money Madness, as the author uses the phrase, is basically anything that stops us from achieving whatever goals we have set for ourselves; we always seem to hinder our ability to get there in one way or another. And believe me, I have been there too and fought hard to get my financial house in order! Sherman takes a look at irrational feelings about money that so many of us have and how those feelings make us act completely irrational – we buy high and sell low, we overspend, we lie to ourselves and our significant others, and we equate our self-worth with our net-worth. (Something I struggled with myself for a while) Luckily, he takes us through how we got this “madness”, shows us how it can affect us, and teaches us how to free ourselves from it’s tight grip. One of the last chapters, Chapter 10, is titled “Enough – Finding Your Sufficiency“, which is something I preach about all the time here on My Two Dollars. He even mentions a trip to New Mexico when talking about “enough”, which is pretty funny considering that’s where I live! When do you reach your “enough” point? I reached mine a few years ago and have lived very comfortably since then. If you are still looking for yours, this book will definitely help you find it!

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Bartering Is Coming Back Into Vogue.

This does kinda relate to my earlier post about living in a small town during this recession, as we are seeing more bartering going on amongst neighbors in order for everyone to save money. I just read this story about people in Atlanta finding ways to get goods and services without spending any cash at all and figured I would share with you guys. Seems bartering is catching on everywhere, and I think it is a great thing – it’s kinda like going back in time to when people took care of each other. I do hope that if the economy comes back we can continue down this path as it saves money, resources, and it helps to build stronger communities. From the article:

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The Recession And Living In A Small Town.

Have you seen the effects of this recession in your town? Are people you know getting laid off left and right? If you are like most people, you live in or near a big city and are feeling the pinch of this economic downturn. I hear from my friends in Los Angeles and my family back in Boston about all the layoffs and long lines at job fairs that dominate the news every day, and even my own brother has been without a job since January. Seems most every town or city that plays a roll in the bigger economy at large is seeing extremely negative effects of the downturn. However, that’s not really the case here where I live, and I think I know why.

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Book Giveaway Tomorrow Of ‘The Cure For Money Madness’.

It’s time for another giveaway, but this one starts tomorrow instead of right now. The reason I am giving you this heads-up? This time I am going to do it the old-fashioned way, by offering a secret code inside the RSS and Email subscriptions. The book is called “The Cure For Money Madness” by Spencer Sherman, and it calls for “No More Destructive Debt, Overspending, Money Fights, Worries, Secrets Or Lies”. That’s a lot to live up to! Anyway, if you are going to want to enter, be sure that you are subscribed by either RSS and Email, and to start looking tomorrow for the secret code you will need to email me to be put in the drawing. Full details and more information about the book will be up tomorrow morning!

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