Archive for January, 2008

3 steps to a personalized income plan for your children

Kids and chores
Photo by: wsh1266

This is a guest post by WJ, a husband, father, fellow Christian and frequent commenter here on Gather Little by Little. WJ had made a very informative comment on my article, 10 Ideas To Help Teach Your Kids About Money. I asked him if he might be interested in expanding further on how he helps teach his kids about finances by writing a guest article. Fortunately for us, he was kind enough to do so and I think he did a great job! Thanks WJ!

Here are 3 steps to a personalized income plan for your children:

How we increased our net worth by more than 170% in less than a year

Pennies
Joshua Davis (articnomad)

The M-Network along with many other bloggers are doing a year end net worth wrap-up. You can find links to all of the participating blogger’s articles at the end of this article.

I didn’t actually start tracking my net worth until February of 2007. I decided to start tracking it based on the suggestion from a number of personal finance books I’ve read, primarily The Millionaire Next Door.

6 Ways to kick off your personal finance new year the right way

Morning has broken
Photo by: j.anne4( Janne )

The popular thing to do with most people each new year is to set resolutions. I am not a big resolution person as I find setting goals much more effective (JD over at Get Rich Slowly recently wrote an excellent article on this same topic). I considered writing about 2008 goals, but instead thought I would provide you with some ways to kick off your personal finance new year that will have a positive influence on your finances. I would encourage you to turn these into either goals or resolutions, which ever work best for you.