January 8, 2009

Financial Thoughts to Ponder

1. For a minimum level of financial security, your net worth (the cash value of all your assets) minus all your debts should equal ONE year's income.

2. You are wealthy enough to give some money to worthy causes when you can buy all the groceries you need.

--Excerpted in "Reader's Digest" from "Rules of Thumb: A Life Manual-Brilliant Guestimates, Shortcuts, & a Few Shots in the Dark" by Tom Parker

Nice financial food for thought, eh?

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