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2/8/2010

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Finance Topic of the Month: Financial Protection: Why You Need Insurance!

Grants for Students...

 

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Graspr is an online video community that offers high quality instructional content on a wide range of topics.

 

Protecting Your Estate

It is hard to believe that someday we will all become either incapacitated or God will take us home.

In both cases, we will likely lose our ability to decide how we would like our life savings to work and honor God. Because it is hard for us to believe this day will come, we put off preparing for it; we are frightened of it. We need to stop ignoring the fact that we are human and that our days on earth are numbered. The day will come when our mind cannot reason, so we must take action today to ensure our families and favorite charities receive our life savings in the manner that we want.

In biblical times, inheritance was a much simpler matter. Tradition and the father's wishes clearly determined where his land, home, and livestock were to go. In ancient times the population wasn't 6 billion people. Millions of children were not dying from a lack of food or water or shelter or medicine. However, the book of Proverbs provides us with some guidance on what to do with our inheritance: "A good man leaves an inheritance to his children's children, and the wealth of the sinner is stored up for the righteous" (Proverbs 14:15).

A good man, a wise man, leaves an inheritance not only to his children but also to his children's children. Today we have the ability to distribute..........

 

Lawn And Garden

Your home is your castle and it should be treated as such. Beginning with the front yard, it should show pride of ownership and have nice curb appeal.

The types of grasses, flowers, and trees in a yard can make it stand out like nothing else, and a well manicured lawn and flower bed will catch the eye of anyone who happens to drive down your street. Not only does a beautifully landscaped yard do wonders for a home, it also makes the neighborhood look better. If everyone would take pride of ownership in their dwellings, homeowners and tenants alike, especially the exterior regions, it would make every neighborhood special.

You don't have to spend a fortune landscaping your home to make it beautiful. Time is the key. Most people buy only one, maybe two homes in their lifetimes. So when you buy a home, you know that you are going to be there for many years. This means that you will have plenty of time..........

 

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Definition of the week...What is Credit?

 

The Education Of An American Dreamer

How A Son Of Greek Immigrants Learned His Way From A Nebraska Diner To Washington, Wall Street, And Beyond

Peter G. Peterson

With insight and refreshing candor, Peter G. Peterson describes his remarkable life story beginning in Kearney, Nebraska as an eight-year-old manning the cash register at his father's Greek diner through his "Mad Men" advertising days, to Secretary of Commerce in Nixon's paranoid White House, to the tumultuous days of Lehman Brothers, and to the creation of The Blackstone Group, one of the great financial enterprises in recent times.

In THE EDUCATION OF AN AMERICAN DREAMER, Peterson chronicles the progress of this journey with irony, humor and, sometimes, painful honesty. Within these pages are stories of marriage and family hardship; lessons in political gamesmanship; thoughts on his obsessive desire to succeed; and, finally, learning the meaning of "enough." From his advertising days in Chicago in the 1950's to becoming the youngest CEO of a Fortune 300 Company, he shares with us his rise to the top and the price paid along the way. As the youngest Cabinet member in the Nixon administration, he describes his survival techniques in a hubris-driven and paranoid White House, including his turbulent turf wars with Treasury Secretary John Connally leading to Peterson's abrupt and highly publicized firing. His stewardship of Lehman Brothers is a Shakespearian tale of a CEO who struggled to deal with partners who were plotting his demise and, at the same time, turning an institution on the brink of bankruptcy to one with 5 straight years of record profits.

His life's story is about doing well by doing good. In the wake of Blackstone's highly successful public offering, Peterson found himself an 80-year old instant billionaire, on the verge of retirement. And like many lifetime workers and over-achievers, he suddenly confronts an unexpected, depressing identity crisis. His solution? Committing a great bulk of his net proceeds to establish the Peter G. Peterson Foundation, his philanthropic endeavor to do something about America's politically untouchable challenges that threaten America's future, among them massive entitlement obligations, ballooning health care costs, and our energy gluttony.

Ultimately, this is a man's account of his legendary successes, humiliating failures, and personal tragedies - a testament to a remarkable life and, indeed, to the American Dream itself.


 

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