At left, the Stock Market Bull near Wall St. in New York is shown in the morning of a late August, 2003 day.
An 18-year-old socks away $60 a month in investments averaging a rate of 12-per-cent interest. By the age of 65, our diligent friend will have accumulated a hefty $1.3-million.
A graduate who starts saving at age 33--investing $60 a month at 12-per-cent annual interest--will amass less than $250,000 by age 65.
Resources to Help You Increase Your Income
"The Ave Maria Mutual Funds are designed specifically for morally responsible investors who are looking for financially sound investments in companies that do not violate the core teachings of the Catholic Church."
According to "Hail Marys won't save 'unholy' stocks" by Matthew Keenan in the August 29, 2003 edition of FP Investing: "Ave Maria has gained 23% this year, outperforming 84% of all U.S. funds tracked by Bloomberg data and exceeding the 13% advance of the Standard & Poor's 500 index."
At right, Jeremy is shown, having a cup of cold tea and a piece of chocolate cake at at one of his favourite Montreal businesses, Loblaws' Ahuntsic cafe, during the Fall of 2002. The Superstore is Loblaws in Quebec.
"...Charity Village®, Canada's supersite for the nonprofit sector --- 3,000 pages of news, jobs, information and resources for executives, staffers, donors, and volunteers. If philanthropy and volunteerism are part of your world, this is your place...."
"Welcome to Abebooks, the world's largest online marketplace for used, rare, and out-of-print books. Abebooks connects those who buy books with those who sell them, providing abundant selection at affordable prices. Every day, thousands of people find books they want on Abebooks."
A full featured employment, career development & job finding resource for youth, developed by the Youth Employment Centre in Calgary.
"You have to know your likes and dislikes before you can pick a career that suits you."
Online Banking
Resources for Managing Debt
"Welcome to Home Trust Company: Canada's First Choice for Alternative Credit"
Repair your credit with their Home Trust Secured Visa.
"Credit Counselling Services can help you solve your debt problems, avoid bankruptcy, and learn to handle money." "We serve anyone in need of financial advice and offer alternative solutions to eliminating debt." It's sister site in Alberta, Credit Counselling Services of Alberta, "has smart tips for getting out from beneath credit."
1801 Hollis St, 5th Floor, Halifax, NS, B3J 3N4. Tel: (902) 426-2900. Fax: (902) 426-7275.
At left, Jeremy is shown, beside his bike from Place Alexis Nihon's Canadian Tire in Parc L'Acadie during the Fall of 2003.
"C'mon in and learn all about banking at KidsBank.com™! Have some fun in this learning website. We hope to help you and your children explore some of the fundamentals of banking. We explain some of the basics of banking services and hope that your children can use KidsBank.com™ to learn a little more about how savings, interest, checking and other banking things work."
"Welcome to the U.S. government interagency Kids' Portal. This site was developed and is maintained by the Federal Citizen Information Center. It provides links to Federal kids' sites along with some of the best kids' sites from other organizations all grouped by subject. Explore, learn, have fun and don't forget to add us to your favorites!"
"...By clicking on "Money," youngsters can find information about topics from taxes to coins to savings and investing."
"...This Web site...from Bank of America's Columbia Management unit, aims to teach kids about earning, saving and investing through interactive activities...."
We have some solutions that might be easier than you think.
We're the National Endowment for Financial Education, a nonprofit foundation with nothing to sell and a lot to tell.
For over 30 years, we've helped people just like you get smart about their money.
We're here to provide sound advice and practical information on how to start achieving all your financial goals.
For everything from getting out of debt to managing your money wisely to saving for your future...
We're here to help!"
ING's site can help teach childen about personal money management.
Jumpstart Coalition for Personal Financial Literacy is a Washington, D.C., nonprofit group. "The Coalition’s direct objective is to encourage curriculum enrichment to insure that basic personal financial management skills are attained during the K-12 educational experience." Their Web site "hosts a personal-finance clearinghouse of more than 500 educational materials drawn from government, business and the nonprofit sector."
A financial calculator website devoted to helping people figure out what they're doing with their money.
"California software designer Ellen Ferlazzo started her Cheap Cooking website (www.cheapcooking.com) when she was unemployed a couple of years ago.
Although she had a pretty good idea how to live and cook inexpensively, she discovered, as she met other unemployed people, that not everyone shared her knack for budget cooking.
She figured the website, which features shopping and kitchen tips and recipes, could help those who needed a hand figuring out how to cut back.
"People would ask me for cheap restaurant suggestions," she says with a laugh. "They didn't get it. You don't eat out when you don't have a job. You cook.""
- "Homemade lunches can save thousands of dolars" by Shelley Boettcher as published in the Telegraph Journal, May 17, 2004, p. C10.
"One of the largest home furnishing rental companies in the United States is setting up shop in Canada to tap a growing market among credit-challenged consumers who want a new couch or computer, but can't afford to pay in one lump sum."
"Finance expert Ric Edelman reveals the secrets of the rich — and how you can find extraordinary wealth."
Send Jeremy or Rexanna an e-mail!
Last Updated May 19, 2008.
Graphics provided by Animation Factory.
Copyright Rexanna M. Keats 1999-2008. All Rights Reserved.