Globalization: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets, this definition supplied by Webster’s dictionary. To put this in a more condensed frame, this is when trade extends beyond goods into jobs and careers that will shape the economic growth of tomorrow. With such a comprehensive subject, one can only imagine the impact that this trend, which has been developed meticulously over the past twenty years, will have on future generations.

A friend was very distraught when she found the bills weren’t being paid. Her son had discovered stacks of unpaid bills hidden in a closet, her husband had drained their son’s college fund, and she found massive bills from credit cards she didn’t even know existed. Even though she had always felt secure financially, she now knew that the bottom had fallen out of that security.

Should we have streamlined pension annuity underwriting? Recent data from the ABI shows that about 19% of pension annuity contracts sold in 2011 were enhanced annuities, which is up from around 13.6% in 2010 and about 9.3% in 2009. Industry estimates of the proportion of individuals that could actually qualify for enhanced annuities range from 40% to about 70%. Even looking at the most conservative of these percentages, the current proportion of annuitants having enhanced annuities is falling short.

In 2006, Robert Wiedemer, his brother David, and co-author Cindy Spitzer, wrote a book titled “America’s Bubble Economy” in which they predicted a series of “bubbles” and “busts” that would negatively affect the economy of the United States. In particular they addressed the Real Estate and Stock Market bubbles. Their predictions proved to be accurate.

At some point in our lives we have all had to pay back loans or credit cards. As time goes on we think it’s OK I’ll just charge it, we do a quick sum in our heads and convince ourselves we can afford it.

The most recent book I have read regarding this topic is “The millionaire next door”. Although it’s an older book it is very interesting to follow the behaviours of the truly rich and the trying to look rich.

Bankruptcy is something none of us wants to happen. No one plans to go bankrupt and we sure do not want to file bankruptcy. The question for us to ask is what can we do to make sure it does not happen to us?

You may be confused about different types of financial advisors. There are two basic types and the difference is significant. The first type are brokers who earn commissions.

A Personal Pension is the main type of plan that an individual is likely to use to build up a pension fund that can be accessed at retirement to provide benefits. They are available to anyone from age 0 to 75 who resides in the UK, whether employed, self-employed or indeed unemployed.

If you’re wondering “how do I find a financial planner”, then this article will help you by discussing the common mistakes that people make when finding a financial planner in Australia. Choosing your financial adviser is a big decision so it’s worth investing some time to learn before you invest any money.