7 strategies to fatten your wallet

Our desires and wants are unlimited but our financial resources are limited. As such, it's important for us to need to differentiate our needs and wants. In the course of learning how to better manage and grow my money, I read countless books on personal finance. Among all the books that I read, the book that stood out most was "The Richest Man in Babylon", written by George Samuel Clason.

The richest man in Babylon
Quite unlike other books on personal finance, this book approaches this subject through the story of Arkad, the richest man in Babylon. In this book, Arkad delves into personal finance as he shares with his childhood friends practical and useful tips on how to grow one's wealth.

Despite being poor when he was a child, Arkad grew up to become the richest man inRead more »

Manage Your Own Money

For retiree Carol Klonowski, portfolio management became a 20-hour-a-week job. After taking classes offered by her brokerage firm, Charles Schwab, she started making regular stock trades from her computer, and reading up on analyses by financial advisers. She joked to friends that she was managing a small--very small--hedge fund.

Klonowski's strategy of managing her own investments is unusual among retirees. Many of her peers turn their money over to Read more »