Everybody Loves Your Money

http://money.cnn.com/2005/08/02/news/economy/savings/index.htmArticle that highlights the fact that consumers are spending every dime they make. It also cites how some people are seeing lots of equity gains on their homes. Unfortunately, I bet a lot of these people are spending all of their income AND spending the equity in their homes http://money.cnn.com/2005/08/02/news/economy/jobs_payfreezes/index.htmGood news. You just might get a raise this year. Article talks about how “raise” freezes

http://money.cnn.com/2005/07/25/pf/millionaire/rp_johnson/index.htm CNN Money has a new Millionaire in the making profile. These folks are doing VERY well. Might have something to do with their very nice income level, but it’s obviously also due to their aggressive savings rates. I know most people that make their income level, also spend at that level. Congratulations to them for figuring this out early! Check it out

I wanted to follow up my post from the carnival of personal finance with more articles and some resources for teaching kids about money. Below you’ll find a few articles about how the tide seems to be slowly turning towards getting our kids prepared for their financial lives. The last link has lots of resources to take it the next step. Ideas to make your

*Updated* — New link added:http://www.marketwatch.com/news/story.asp?guid=%7BD9EABCCE%2D59A4%2D4E71%2DB414%2D7D6283F17D2F%7D&siteid=mktw&dist=What can I say. Everybody loves your money. More profit for them, means more of your money in their pocket. Credit card spending is up, and AMEX has an increased number of customers. Glad it isn’t me. http://seattlepi.nwsource.com/local/233883_boomers25.htmlThe first of the official baby boomers just became eligible to retire. Let all the worry about the economy begin now. My guess is

http://money.cnn.com/2005/07/22/pf/ask_expert/index.htmThis article addresses the reality of many, many people in our society. What do you do if you are nearing retirement and you haven’t started saving for retirement yet? This is a perfect example of the value of educating young people in high school about compound interest and what a drastic difference you can make in your retirement by saving early. http://money.cnn.com/2005/07/20/pf/shopper_0508/index.htmA few other bloggers