Your Financial Independence - June 20, 2010

Welcome to the June 20, 2010 edition of financial independence.

nissim ziv presents Career Aspirations: Examples of Career Aspirations posted at Job Interview Guide.

Jane Spiegel presents 6 Reasons Why Online Casinos are a Good Choice of Gambling posted at Online Casino Mirror, saying, "Reviews on Best Online Casinos with free online casino bonus codes. Casino news and promotions of online casino games."

nissim ziv presents Career Goals: Examples of Career Goals and Objectives posted at Job Interview Guide, saying, "It is only when a person has a clear thought about his/her career goals and objectives that he or she gets ultimate satisfaction from his/her job and therefore progress faster."

Charles Chua C K presents 10 Things to Avoid in Money Matters posted at All About Living with Life. Wenchypoo presents Skipping STILL MORE Nickels and Dimes For Bigger Savings (L-O-N-G) posted at Wisdom From Wenchypoo's Mental Wastebasket, saying, "Financial independence is not the money you make--it's the money you KEEP!" Wenchypoo presents MORE Timeless Moves You Can Make to Maximize Income and Minimize Taxes posted at Wisdom From Wenchypoo's Mental Wastebasket, saying, "Started in '05, and added to ever since." Wenchypoo presents D-I-Y Economic Reform--Starving the Evil Piggies posted at Wisdom From Wenchypoo's Mental Wastebasket. Wenchypoo presents Revised: Cheap Eating with Cost-Per-Serving posted at Wisdom From Wenchypoo's Mental Wastebasket, saying, "This what you're looking for--frugal living stuff?" Wenchypoo presents Filling Up On Fewer Calories with Less Food—Negative Calories and Volumetrics posted at Wisdom From Wenchypoo's Mental Wastebasket, saying, "Spending less means keeping more money." Wenchypoo presents D-I-Y Health Care Reform--Help Save a Trillion Dollars Right at Home posted at Wisdom From Wenchypoo's Mental Wastebasket. Wenchypoo presents Omnibus Obama Tax Avoidance Tip Sheet and Small Loophole Collection posted at Wisdom From Wenchypoo's Mental Wastebasket. Wenchypoo presents Playing the Rations Game posted at Wisdom From Wenchypoo's Mental Wastebasket. Samir Kunvaria presents Life is meant to be abundant in all Areas posted at Samir Kunvaria, saying, "When we talk about goals we talk about achieving a target. The target can be the crossing the finish line for an athlete or passing out with flying colours for a student or achieving the top medical college for an aspiring doctor. Every individual has a different approach to achieve these goals. All goals are different and all people have different goals. Today let us talk about a few financial goals.

So what are financial goals? Any goal that needs to be achieved financially viz. goals to be achieved by paying out money, in short or long term are known as a financial goals. Let us take a few examples and discuss these financial goals. Short term goals: Goals to be achieved in less than a year are short term goals. An emergency like a family member undergoing an operation can be termed as a short term goal, as this goal requires appropriate cash in a very short period. Purchasing a motor vehicle now or marriage fixed at the end of the year or a small trip to native place can also be defined as a short term goal. To meet a short term goals you need to invest in liquid instruments like short term fixed deposits with the bank, or liquid mutual funds, or have ideal cash in your savings account. Medium term goals: Goals to be achieved after a year but before 5 years can be termed as medium term goals. Goals like purchase of a house or house renovation after 2-3 years can be termed as a medium term goal. For a self employed person, expansion of business after two years can also be considered a medium term goal. In case of purchasing a car, you can make full payment instead of opting for a loan and making payments via easy monthly instalments. This helps in minimising liabilities and over-burdening yourself with a fixed outflow each month. Medium term goals generally require a disciplined investment plan in a mix of equity and debt investments (Read asset allocation for different equity and debt investment options) that can be liquidated when required. Long term goals: Goals that are recurring in nature can be considered as long term goals. For a newly married couple, planning for child’s education and marriage expenses or for a family in their early thirties, planning for retirement living expenses can be considered as long term goals. You can invest predominantly in equity investments to achieve long term goals as equity as an asset class provides best returns over a long term horizon of 10 to 15 years. Many of us don’t realise these financial goals and fail to plan for the same. A systematic and a disciplined approach towards investing helps in achieving all financial goals."

Madeleine Begun Kane presents Loan Poem posted at Mad Kane's Humor Blog. Jena Ellis presents 30 Rules of Engagement: Who Pays for the Wedding? posted at Online Certificate Programs. Infernios The Hoarding Dragon presents The dragon?s girth-staggering difference in investing early posted at ThunderDrake, saying, "This post elaborates on the staggering (girth staggering, even) difference between starting at different age gaps. It urges readers to begin investing (or through the alter ego's word, hoarding) sooner than later. Time is perhaps one of the most crucial elements to financial independence.

I appreciate the consideration. May the ambitions of my writing fuel your carnival's success. <"3">Tony Clifton presents 11 Investment Ideas From $11 to $11,000 | High Yield Wealth Development posted at High Yield Weekly Digest, saying, "There are plenty of great investment opportunities available if you have a million dollars or more. You can buy a companies, factories, real estate, start your own medium sized business and so on. The problem for most of us is that one million is a lot of money." Thomas John Carter presents Start a Home Based Business Online - How Simple Can it Be? posted at Lee McIntyre's FREE DVD. Matt Clooney presents Long-Term Saving by Investing into the Future posted at HVAC Training. Adam presents BusinessBlog › Log In posted at BusinessBlog. MoneyNing presents Is Our Drive for Higher Income Ruining Our Culture? posted at Money Ning, saying, "As our income increases, are we losing our culture because we "outsource" everything?" BWL presents Active Vs. Passive Funds posted at Christian Personal Finance, saying, "This article looks at passive and active funds and discusses the differences between the two..." Michael Pruser presents 10 High Paying Jobs for High School Students posted at The Dough Roller, saying, "10 awesome jobs that most high-school students can find if they apply themselves." Tom Tessin presents 6 Ways to Save on Your Restaurant Meals posted at FSC Blog, saying, "6 steps that you can take right now if you're looking to save on your next meal when you head out to eat." Praveen presents CBOE Just Had Its IPO: Why I Bought The Stock posted at My Simple Trading System, saying, "A system for investing in IPOs" Case Ernsting presents The Summer Help: Jobs in the Midwest posted at FinditLocal411 Blog, saying, "Navigating your way through the tough economy of today is no easy feat. Finding new jobs is an exhausting and rigorous process. We have tips for finding your way and getting that job to tide you over through the summer months." Sean Greene presents Retirement Planning Facts The Best-Financial-Advice.com Blog posted at Retirement Planning Facts, saying, "Retirement Planning Facts" Aussie Investor presents Valemus Share Float posted at Australian Investing, saying, "The Valemus Limited initial public offering is the biggest to hit the Australian share market so far this year. And unlike some of the more speculative issues which have been promoted so far this year, the company has a real and profitable business behind it. This article discusses the details of the Valemus float from a prospective investor's standpoint." That concludes this edition. Submit your blog article to the next edition of financial independence using ourcarnival submission form.

Past posts and future hosts can be found on our blog carnival index page.

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