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4th of July celebration expenses

Alex — Sun, 04 Jul 2010 21:14:05 +0000

It’s great to live in a free country and 4th of July is always a thing to celebrate if you appreciate the liberties that you enjoy.

4th of July celebrations might not rank as high as Christmas in terms of spending but it’s a common holiday expense.

The usual fare of hotdogs and burgers for a picnic outdoors can already set you back a handful of dollars. And so do the fireworks that you might want to light come evening.

So how do you celebrate 4th of July and how much do you actually earmark for it?

Holiday celebrations are basically a yearly expense but many don’t prepare for it as such making them almost an impromptu expense.

So if you find yourself around a hundred dollars lighter after today, then be sure to prepare for it as you would (and should) the other holidays.

Happy 4th of July 2010!

Alex — Sun, 04 Jul 2010 20:15:42 +0000

Happy 4th of July to everyone from us here on Money Blog!

World’s rich got richer despite recession

Alex — Thu, 24 Jun 2010 23:47:08 +0000

Now here’s a bit of news that would suck for anyone else who got hit bad by the recession. The world’s rich got even richer last year despite the recession.

This is thanks to the stock market rebound and the recovery of hedge funds from the 2008 crash that helped boost the world’s millionaires to jump up 19% for a whopping collective total of $39 trillion.

North America’s rich increased 17% and their total wealth grew 18% to $10.7 trillion. The US is still home to most of the world’s millionaires with 2.87 million.

This data suggests that a recovery is on its way. If only the Average Joe can feel the recovery too.

“We are already seeing distinct signs of recovery and, in some areas, a complete return to 2007 levels of wealth and growth,” said Bank of America Corp wealth management chief Sallie Krawcheck.

10 rags-to-riches billionaires

Alex — Thu, 20 May 2010 20:54:37 +0000

Many of us struggle with thinking of ways to rake in huge amounts of dough. Some of us, don’t have to since they’ve won the great parent raffle. But not having rich parents isn’t always an excuse not to get rich.

As Forbes has it, there are 680 self-made billionaires in the world and many of them have rags-to-riches stories.

Here’s Forbes’ list of ten exceptional billionaires who started out poor.
Roman Abramovich: $11.2 billion
John Paul DeJoria: $4 billion
Leonardo Del Vecchio: $10.5 billion
Larry Ellison: $28 billion
Micky Jagtiani: $2.8 billion
Steve Jobs: $5.5 billion
Li Ka-shing: $21 billion
Guy Laliberte: $2.5 billion
J.K. Rowling: $1 billion
Oprah Winfrey: $2.4 billion

Forbes’ 15 top richest fictional characters

Alex — Mon, 03 May 2010 07:46:15 +0000

Being a superhero always factored in many a childhood fantasy. Personally, as I grew older, I wanted to be as rich and powerful as Batman and Iron Man particularly because they’re rich. Never mind their screwed up personalities.

Ever wondered who’s the richest person in fiction? Forbes doesn’t disappoint with their list of lists with this – the top 15 richest fictional characters.

1 Carlisle Cullen, Net Worth: $34.1 billion
2 Scrooge McDuck, Net Worth: $33.5 billion
3 Richie Rich, Net Worth: $11.5 billion
4 Tony Stark, Net Worth: $8.8 billion
5 Jed Clampett, Net Worth: $7.2 billion
6 Adrian “Ozymandias” Veidt, Net Worth: $7 billion
7 Bruce Wayne, Net Worth: $6.5 billion
8 Tooth Fairy, Net Worth: $3.9 billion
9 Thurston Howell III, Net Worth: $2.1 billion
10 Sir Topham Hatt, Net Worth: $2 billion
11 Artermis Fowl II, Net Worth: $1.9 billion
12 C. Montgomery Burns, Net Worth: $1.3 billion
13 Charles “Chuck” Bartholomew Bass, Net Worth: $1.1 billion
14 Jay Gatsby, Net Worth: $1 billion
15 Lucille Bluth, Net Worth: $950 million

What you can take from here is the idea that they’re not that rich. Bill Gates is still way richer than Tony Stark and Bruce Wayne combined and he doesn’t care about privatizing world peace or keeping the peace in his city. What a bummer.