The 5 Rules Of Spending

Success and financial stability does not depend on how much a person earns but on how much he can keep.

Successful people are those who have the ability to save money. In this article we want to highlight some of the rules of Spending which will enable readers to attain financial stability.

Rule 1. Do not spend more than your income: Spending more than ones income leads to bankruptcy. Bankruptcy is a situation whereby one indebtedness is more than his assets. The major cause of this situation is spending more than your income. Perhaps you do not know what bankruptcy law says in this country. It is very bad to be bankrupt. Remember investments are made from saved income, so no savings no income.

13 MONEY MISTAKES MOST PEOPLE MAKE

Money Mistake 1 
Never borrow money that accrues interest to start a business . That is to say, never borrow money to start a business expecting that the business will generate income to pay back the borrowed money plus the interest.

Money Mistake 2 
Never spend money you haven't received. Don't even promise someone money based on a promise you have from someone else. If someone tells you: "Ezra, come to my office tomorrow at 9am and pick #30K"don't go out to buy items on credit based on this promise, with the hope that you will pay off your creditor when the promised money comes; it may not come as promised and this will leave you in problems with your creditors.

What Does Your Handwriting Say About Your Personality?

Spoken words are the symbols of mental experience, and written words are the symbols of spoken words. Just as all men have not the same speech sounds, so all men have not the same writing- Aristotle

Handwriting analysis a.k.a graphology is a scientific discipline to assess one's personality. It is defined as a scientific study and analysis of handwriting, or the art of interpreting character and personality through handwriting. This can be taken up as a professional practice or as a hobby or even for self assessment and improvement.

Where is Africa Going Wrong?

Out-of-the-Box Thinking in an In-the-Box World

by Philip Emeagwali

I once believed that capital was another word for money, the accumulated wealth of a country or its people. Surely, I thought, wealth is determined by the money or property in one’s possession. Then I saw a Deutsche Bank advertisement in the Wall Street Journal that proclaimed: “Ideas are capital. The rest is just money.” I was struck by the simplicity of such an eloquent and forceful idea. I started imagining what such power meant for Africa.
  

The potential for progress and poverty alleviation in Africa relies on capital generated from the power within our minds, not from our ability to pick minerals from the ground or seek debt relief and foreign assistance. If ideas are capital, why is Africa investing more on things than on information, and more on the military than on education? Suddenly, I realized what this idea could mean for Africa. If the pen is mightier than the sword, why does a general earn more than the work of a hundred writers combined? If ideas are indeed capital, then Africa should stem its brain drain and promote the African Renaissance, which will lead to the rebirth of the continent. After all, a renaissance is a rebirth of ideas. And knowledge and ideas are the engines that drive economic growth. When African men and women of ideas, who will give birth to new ideas, have fled to Europe and the United States, then the so-called African Renaissance cannot occur in Africa. It can only occur in Paris, London and New York.