MoneyNing talks smart in­vest­ing

The Pak Banker - - Company& -

NEW YORK: of­fers strat­egy and in­sight on in­vest­ing, sav­ing money and cre­at­ing fi­nan­cial se­cu­rity now and in the fu­ture. The per­sonal fi­nance blog pro­vides free, no-non­sense money man­age­ment ad­vice and en­joys a fol­low­ing of more than 300,000 monthly vis­i­tors. Founded in 2007 by David Ning, a reg­u­lar con­trib­u­tor to US­, Money has seen its qual­ity con­tent fea­tured on var­i­ous news out­lets in­clud­ing the NY­ and

Pres­i­dent Obama re­cently signed tax leg­is­la­tion that ex­tends the Bush tax cuts for an­other two years. Even so, House Repub­li­can Leader John Boehner was quoted by the Los An­ge­les Times say­ing, "It's a good first step, but let's be clear. If we ac­tu­ally want to help our econ­omy get back on track and to be­gin cre­at­ing jobs, we need to end the job-killing spend­ing binge, " Bohner con­tin­ued, "we need to cut spend­ing sig­nif­i­cantly, and we need to pro­vide more cer­tainty to small busi­nesses around Amer­ica."

Per­sonal fi­nance blog tack­les this ques­tion in a re­cent post en­ti­tled How I Was Able to Take an Early Re­tire­ment, which en­cour­ages read­ers to pay them­selves first. The posts author Pro­fes­sor Stephen C. Solosky be­lieves that when it comes to in­vest­ing in ones fu­ture, it has to be a pri­or­ity. Solosky ac­knowl­edges that he hit some bumps along the road to build­ing the nest egg that has en­abled him to re­tire early, but he adds: "I still want to work even though I don't have to. I have given my­self a great op­por­tu­nity to ex­plore new op­tions."

Since its launch in 2007, has made a pri­or­ity of help­ing in­di­vid­u­als and their fam­i­lies de­velop the habit of spend­ing less than they earn. The "live be­low your means" mes­sage res­onates with's more than 300,000 monthly read­ers, mak­ing the money-re­lated blog one of the most pop­u­lar sites of its kind on the In­ter­net. -Bloomberg

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