Personal Finance Round-Up: Understanding Financial Statistics

understanding financial statisticsAs each new year begins, many statistics regarding the previous year are thrown around. Many people like to correspond numbers with milestones and events to give a sense of order to their lives. Knowing your personal financial statistics, however, is important from a practical point of view.

Knowing financial statistics can help you determine a goal to shoot for, and start you off on the right foot financially in the new year. A great place to start learning financial stats is via PerkStreet, 5 Financial Statistics You Need to Know.

Here are more articles to get your new year rolling in the right direction:

Person to Person Lending Guide [Free Money Wisdom]
Person to person loans were all the rage a couple of years back. I’m sure some thought the fad would die, but these loans are still a great way to invest. Here’s a guide to get you started.

Would You Ever Pay for an MBA With Your Own Money? [Darwin’s Money]
It’s interesting to think what you might do in an alternate financial situation. Would anyone actually go to college if there were no such things as loans?

I Was Wrong [Seth Godin’s Blog]
We all made mistakes last year, and the year before that…but what matters is how you learn from your mistakes, and that you move forward.

Worried About Parents [Gail Vaz-Oxlade]
Worrying about parents who are struggling with their finances happens to most of us during our lives. Will they be okay? Sometimes we need to let our parents grow up.

The 15 Commandments of Email [Work Goes Strong]
Email is the lifeblood of many businesses, but email done wrong can cause a business to die. Check out these tips to do it right.

How to Have the Best Year of Your Life (Without Setting a Single Goal) [Zen Habits]
Goals: We set them up, just to see them fall. Why not just change your life, no matter what time of year?

How Much Does a New Mortgage Affect Your Credit Score? [Cash Money Life]
Mortgages weigh in heavily on your credit score, right? But how much exactly? Find out here.

When to Pay Off Your Credit Card [Cash The Checks]
Managing credit card debt can be daunting. Here are some guidelines on paying off debt to help you become debt-free.

5 Steps to Help You Start Your Own Business [DINKS Finance]
Here is a step-by-step guide to creating your own business. Whatever the field or idea, make sure you give it your all.

Rare Penny Sells for $1 Million at Orlando Coin Show [Orlando Sentinel]
This goes to show how much it pays to pay attention. I know I don’t pay much attention to the coins that pass in and out of my possession, but I might start now.