moneyclamps

I am writing because:

- i am excited about investing and I want to help others
- money is important but not the most important, so lets make a plan and get on with the rest of our lives
- personal savings rates in this country are ridiculously low
- personal debt in this country is ridiculously high
- investing in stocks or bonds is intimidating to most people
- investing and saving involves discipline and I need help / support – my guess is you do as well

It is said that the rich are getting richer, while the poor are getting poorer, and while this may be true, i don’t think it has to be. I want to use this blog as a way to challenge certain spending / saving / thinking habits that i see contributing to this trend so we can reverse it. And, as i mentioned, my hypothesis is that most people spend more time worrying about money and what to do for investing, than if they would just take the first step.

Finally, i read articles on yahoo finance a lot, and while i don’t agree with everyone, its a great source of investing knowledge. The problem is not everyone goes there as much as i do. My target audience are those that do not read yahoo finance, I want to reach regular folks who have questions, because I think everyone should have basic finance knowledge, because that knowledge is so powerful for your choices and future.