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The History Of The “Greenback” Repeats Itself – Or Does It?

Posted by Jim on Jul 15th, 2013 · 9 Comments

The Following is a guest post from my friend Alan Amrich. He has a wonderful grasp of U.S. Economics and history and his writing style is quite entertaining. I am proud to share it with you! Hope you enjoy it as much as I do. The growing populist sentiment calling for a halt to the printing presses in Washington, incessantly cranking out billions of dollars in fiat currency, is not a new phenomenon....
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

The History Of The “Greenback” Repeats Itself – Or Does It?

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Critical Financials’ Basic Personal Finance Rules

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