Personal Finance Tip of the Day

It is important to use the Internet to search for broad topics, beginning first at various financial sites, and then digging deeper into the subject, and then moving on to the next subject. If you study this information in small increments, over time, you will learn a considerable amount about each of the areas of personal finance that are of interest to you. When you feel that the subject matter is getting too technical for you, stop and move on, until you are ready for more details. Websites are developed and produced in the same manner as newspapers and magazines. Editors and writers cover many topics, from basics on personal finance to very advanced technical analysis of individual stocks and trading strategies. Find Websites that are at your level and just dive in. If the story or topic is too deep, try Googling that word or phrase, and read a definition of it, before continuing. After doing this daily or weekly, you begin to see similar stories covered many times, and are able to develop an opinion on that idea from reading so many different perspectives. This is how you begin to build your knowledge on personal finance and keep current on what is happening with your money.

From The Handy Personal Finance Answer Book by Paul A. Tucci, (c) 2012 Visible Ink Press(R) Answers to more than 1,000 answers to questions on personal finance, its history, and managing one's financial life.