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A Wealthy System

February 28, 2010 by Deborah Owens  
Filed under Financial Fitness Column

Cents Fall09 Cover jpeg 150x150 A Wealthy System

Ed McMahon, Debbie Reynolds andMichael Jackson were hugely successful entertainers and yet they all experienced financial distress. So the question is: Does fame really equal fortune? Considering the popularity of reality shows like American Idol and America’s Got Talent, it’s clear that many people believe that fame is the path to riches. What I know to be true based of my years of hosting a personal finance talk show is that more money will not solve financial woes. To the contrary, if you don’t know how to manage your resources, more money can equal more problems. So if you’re dreaming of making a fortune in the future, it’s important to develop a system for tracking your income and spending habits today.

Read more…www.centsmag.com Fall 2009 Financial Fitness Column

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