Daren Fonda’s “Smart Money” article provides some interesting insights into how millionaires think and act.  Here’s a quick summary of the ten secrets.  You decide if you agree or not. Millionaires don’t think they are rich.  Many don’t have enough to afford exclusive luxuries. They know how to be frugal.  Not all millionaires buy things at full [...]

According to the recent Forbes article, the following are the top ten wealthiest: King Bhumibol Adulyadej (Thailand) Sheikh Khalifa Bin Zayed Al Nahyan (Abu Dhabi) King Abdullah bin Abdul Aziz (Saudi Arabia) Sultan Haji Hassanal Bolkiah (Brunei) Sheikh Mohammed bin Rashid (Dubai) Prince Hans-Adam II (Liechtenstein) Sheikh Hamad bin Khalifa Al Thani (Qatar) King Mohammed VI (Morocco) Prince Albert II (Monaco) Sultan Qaboos bin [...]

I skimmed CNNMoney.com’s article, “Millionaires in the making”, earlier today.  Sure, it’s important to live below your means.  However, there is a fundamental problem with featuring potential millionaires.  Becoming a millionaire is no longer enough by today’s standards. Determining how much you need for retirement depends on life span and cost of living.   Using the CNNMoney [...]

Before you apply for that next credit card, you might want to visit www.credit-card-authority.com to do your research. Credit-card-authority.com is especially noteworthy due to the following features and benefits: Detailed listings of the credit card offers with side-by-side comparison of terms, conditions and benefits. Credit card suggestions for various categories such as No Annual Fee, Business Credit, Student [...]

Mercer Cost of Living Survey – Worldwide Rankings, 2008 The indices are based on Mercer’s cost of living database and are modified to include rental accommodation costs and to reflect constant weighting and basket items. We do not recommend that expatriates use the figures represented here to compare [...]