Money Matters

Yes exactly. Privatizing social security is a brilliant idea. Too bad dumbass George W is too much of a moron to convince anybody.

People are resistant to privatizing it because they A) they view the investments as too risky (which is retarded, it would be mostly US Stocks and Bonds) and B) the financial literacy in this country is retarded. Hardly anybody understands the power of saving money and managing it properly. Personal budgeting and personal finance should be a required course in high schools.

Enough political venting. We're here to share knowledge in a judgment free forum. You hear business people say all the time that "time is money." They're right. So if you take your money, and you put it to work over time, you end up with a lot more money. Pretty much that simple. The earlier you start saving, the better off you are.Bush did not stand a chance with all the organizations, media, democratic party, AARP ect.. which went on a media frenzy to scare people from the idea. Even if you only used CD's to save money it would do better than SS. I agree with that financing should be required in high school.

One of my fraternity brothers was the guy who ran all the Credit Card promotions on campus. While many people wanted to shoot him by the end of the semester, the fraternity made money off the number of applications that could be processed. The best prizes we gave away were shot glasses.

I didn't get my first credit card until after college. Well at least one that I used. I did sign up for a bunch in college, but cancelled accounts as soon as I got the card.
Having a credit card in college is not a bad way to start and establish your credit. Use the card in place of cash and at the end of the month use the cash to pay off the balance. I know its not that easy at a young age but it can work and is a good way on how to live within a budget.

That's what I did once I graduated. Bought a few little things, and paid them off each month. I didn't do that while in college because my cash flow was sporadic at best.