Blog – Page 175

How do banks make money on Savings Accounts?

July 25, 2007 By Preet Banerjee

You've all seen the adds for the "no fee" savings accounts being offered at various institutions. Have you ever wondered how the banks make money on those accounts? To really simplify it, it is …

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The Richest Man in Babylon (The next book you should buy!)

July 25, 2007 By Preet Banerjee

By far one of the greatest books ever written is Richard S. Clayson's "The Richest Man in Babylon". While the book can be read over the course of one day by most people, it will give you the basic …

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An iPod tax in Canada up to $75?!?!

July 24, 2007 By Preet Banerjee

Yikes! It's actually a blanket tax on flash memory storage devices by the looks of it, and it will range based on the size of the memory - and for a 30GB iPod it looks to be $75! It hasn't gone into …

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What are you going to learn from this site?

July 24, 2007 By Preet Banerjee

If you've read the "How to use this site" section you will have noticed that there are going to be various levels of information presented here with respect to knowledge levels. But since that in …

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So how do you become wealthy?

July 24, 2007 By Preet Banerjee

I Suppose that's the ultimate question, isn't' it? If I had to boil it down into the shortest space possible it would be this: trade-offs. Specifically, you have to look at the trade-off within each …

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Inaugural Post!

July 23, 2007 By Preet Banerjee

Welcome to wheredoesallmymoneygo.com! It took me most of the day to figure out how to set this up and I suspect it will be a few weeks before I get really proficient with it. In the meantime, if you …

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Personal finance is 90% psychology and 8% math.