Budget Snob

Wealth 2.0: Wealth in the Information Age

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There is nothing more demoralizing than a small but adequate income.
– Edmund Wilson

With the world still recovering from what some are calling an economic meltdown, personal finance has never been more important. Only 1 in 20 people will retire financially free. The other 95% will depend on their family or the government.

But with government debt fast approaching £1 trillion in the UK and $14 trillion in the US, is that a safe bet? It’s time we took control of our lives. Fortunately, Rich Dad is here to show us how.… Read the rest

Wealth and Stock Market Predicting

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A couple of interesting items popped on the scope today. First, is it possible to predict longevity? Well apparently you can when you correlate longevity, wealth, and health. According to one recent study,

[S]cientists have gone a step further, finding a specific hormone that links wealth with a longer life. The hormone is called DHEAS–or dehydroepiandrosterone sulfate–a natural steroid produced by the brain, adrenal glands and sexual organs.

Those with higher levels of DHEAS tend to exercise more, have more hobbies and have closer relationships with friends and family. They also tend to live longer.

I think this is one of those chicken before the egg scenarios.… Read the rest