Wise Women Money Quiz: How Money-Wise Are You – Women
Wise Women Money Quiz: How Money-Wise Are You
Cynthia Fick
Awareness is the first step in gaining financial freedom.
Test Your Knowledge
Do you know where you stand in terms of Money Smarts
The following questions are based on Oppenheimer Funds research. It only takes a minute to see how much you know about dealing with money.
1. Sixty-percent of all women end up managing their own finances at some point in their lives. T or F
2. Most women invest their portfolios in investments that are too conservative. T or F
3. Most stock market investors get wiped out at least once in their lifetime. T or F
4. Two thousand dollars is the minimum amount needed to invest in a mutual fund. T or F
5. You need about 75% of your pre-retirement income to live comfortable during retirement. T or F
6. If a 45-year old woman plans to retire at age 60, she can expect to live 21 years in retirement. T or F
7. Between stocks, bonds and CDs, over the last 30 years bonds have appreciated the most out of any investment overall. T or F
8. If a woman can afford to invest only $50 a month she shouldnt bother. T or F
9. A 65-year old woman with an annual income of $50,000 can expect to have 50% of her income be replaced by Social Security. T or F
10. A womans intuitive ability to manage her emotions around money is one of the most important aspects of Creating Wealth over the long term. T or F
Answers:
1. FALSE- 90% of all women end up managing their own finances at some point because of increasing divorce rates, becoming a widow and because they live longer.
2. TRUE- Most women are too conservative in their investing.
3. FALSE- Historically not true. There are periods of decline but over the last 50 years, the market has shown overall long-term growth.
4. FALSE- You can open a Mutual Fund automatic account builder program for as little as $25 a month.
5. TRUE- According to studies by the WEFA Group you need 70-80% of your pre-retirement income when you retire. That means if you earn $45,000 when you retire, you will need between $31,500 and $36,000 per year during retirement.
6. TRUE- According to the National Center For Health Statistics, a woman that is 45 who plans to retire at 60 can plan on living 21 years, to the age of 81. Because women live so long, good retirement planning can make a very big difference in how comfortably you live throughout your later years.
7. FALSE. According to Ibbotson Associates, over the last 30 years stocks have been the top performing asset class.
8. FALSE- a monthly investment of $50 growing at 8% a year would be worth $9,147 in 10 years and $29,451 in 20 years.
9. False- She can expect Social Security to replace 30% of her pre-retirement income or $15,000 if she had been earning $50,000 a year.
10. TRUE- You go girl! You KNOW its true!!
Information for this quiz was researched by Cynthia Fick, expert financial planner. Research findings come from the Oppenheimer Women and Investing Quiz, Ibbotson Associates, the National Center of Health Statistics and a WEFA Group Study.
Here are your results:
8-10 Correct
Great job! You are a Money-Smart Woman. You have a solid understanding of the issues that affect womens financial lives. Are you using those smarts to live the life of your dreams Consider meeting with a Financial Coach to complete a Review of your goals and take a picture of where you are now financially. Come to www.coachingfromspirit.com/rd.cfmid=54 to receive a free Sprecial Report, The Top Five Reasons Why Most Women Aren
7 Surefire Strategies For Fat Loss! – Diet
7 Surefire Strategies For Fat Loss!
Richard Rigor
1. Weight Training. Building lean body mass muscle will speed up your bodys metablism. Muscle is "active" tissue, meaning it takes calories to maintain. The more muscle you have, the more calories you burn. You build muscle by doing resistance training exercises. Simple enough Lets go on...
2. Reduce Carbohydrate Intake. Say what I thought you need a lot of carbohydrates for fuel True, but an excess intake of carbs please dont call them carbos can and will be stored as body fat. 100% of all my clients who reduce their carbohydrate intake for fat loss succeed. I cant let all my tricks out of the bag in fairness to my paying clients, but a good starting point would be 1 - 1.25 grams of carbohydrate per pound of lean body weight per day.
3. Eat Frequently. I know youve all heard this before and its true. Four to six meals daily has its benefits, especially on a sub maintenance calorie diet. It allows for a steady flow of nutrients to the body which creates a favorable metabolics environment for muscle growth and fat loss.
4. Eat More Protein. Thats right... The building blocks of muscle are amino acids, and you get that from protein. Ive found that many of my clients consumed too little protein. Now that Ive taught them these nutritional tactics, theyre on their way to losing fat and getting lean! Isnt that what you want
5. Reduce Intake of Saturated Fats. Notice that I was specific in saying saturated fats. Saturated fats are the ones that cause the most problems, healthwise. There are good fats and there are bad fats. There are a group of fats called Essential Fatty Acids or EFAs that are just that. They are essential to life. The body cannot make them so we must consume them though our diet. There are certain fats that I recommend to people to help them lose fat! My clients know, but do you Hint: F Oil
6. Water. Drink, drink, and then drink some more, not necessarily in that order. An adult can probably survive several weeks without eating food, but only a few days without drinking water. Need I say more Water regulates body temperature, rids the body of waste, lubricates joints, and provides a medium for chemical reactions that occur in the body.
7. Know What Youre Doing! Get with someone who knows or better yet - Get a personal trainer! Do you know when the two BEST times are to do cardio aerobics for fat loss Do you know how many sets and reps to perform for a given exercise in order to MAXIMIZE your goals Do you know how to use free-weights What are macronutrients and how can I manipulate them to enhance and hasten fat loss If you dont know the answers, be efficient and get a personal trainer. Itll save you time and money in the long run.
Copyright 2004 By Richard Rigor
About The Author
Richard Rigor is the author of "The Ideal Body Fat Loss Guide". He has a degree in Nutrition and has been a top fitness consultant for over 11 years. Visit www.theidealbody.net for more information.
How To Use Smart Horse Training To Stop Your Horse From Bucking – Recreation
How To Use Smart Horse Training To Stop Your Horse From Bucking
Andy Curry
It can be enormously frightening to be on a bucking horse. If youre a novice rider, a bucking horse can almost force you to give up the "owning a horse" dream. But it doesnt have to be that way.
Ive read where people who can ride a bucking horse feel theyre a good rider. That may be. But it doesnt mean theyre good at training. And training is what we want to do.
Preventing bucking begins when the horse is a colt. One must go to every extent in his training so he wont be inclined to buck - and that includes preventing bucking if he tries.
Naturally, that doesnt help you if your horse bucks already. Thus, if your horse bucks then the question is whether or not it is solvable. The answer is: Usually.
The first thing to do is try and figure out why he bucks. This may be done by trying to eliminate the causes.
As a for instance, one of the most common causes of bucking is that the rider punishes the horses mouth without knowing it. Also, he may be giving the horse conflicting aids. For instance, the rider may boot his horse forward and jerk on the reins to slow him down. Then the rider jerks his head around to turn him. As the horse fights this the rider gets mad and boots him hard again.
Finally, the horse bucks. Why Because hes absolutely frustrated.
Thus, fixing your riding habits to ones that make sense and are thoughtful for your horse will solve that problem. If youre a novice rider then riding lessons will help you immensely.
As you ride, ride relaxed. Focus on the feel of your horse. Give him the aid or signal to do what you want. Dont over exaggerate it. Give just enough signal to get him doing what you want then let it be.
If you plan to put him into a lope from a walk or trot, or vice versa, then think ahead and do it in a relaxed fluid manner. Dont surprise or startle your horse. Keep him relaxed. A relaxed horse is not going to buck.
Another solution may be changing bits. If you are using a curb bit perhaps you should try going to a snaffle. A snaffle is easier on a horses mouth. It will still maintain contact with your horse and help him relax.
Another common time a horse bucks is when the rider asks the horse to canter or lope. A horse will sometimes buck in the canter because its natural for him to. It could also happen if the rider signals his horse too suddenly and severely in asking for the canter.
You see, a lot of people think they have to boot their horse hard to get the canter- - and when they do, they jerk on the horses mouth when they boot him. Or, the rider may ride with loose reins so the horse will canter and then jerk his mouth to try and slow the horse down right when he begins cantering.
I dont know if you spotted it yet but whats happening here is that the horse is getting confused. Not only that, its also hurting the horse.
After all, put yourself in your horses place. If you were asked to canter and the second you did you felt a painful jerk on your mouth...wouldnt you be a little upset And if it happened every time, wouldnt you think to yourself, "I gotta get this jerk off my back - hes killin me!"
Now lets say you dont know why your horse is bucking. Lets assume your riding habits are good and your horse bucks anyway.
Here are some helpful suggestions.
First, if your horse bucks you then it is crucial you dont stop him. If you do, he learns that if he wants to stop all he has to do is buck. Very quickly, youll have a smart horse who knows that to stop he only has to buck.
So, instead of stopping, do this.
First, brace your arms against your body yet keep them relaxed and keep contact with your horse. While doing this, lean back and drive your horse to go forward. Making a horse go forward is a big horse training secret to help you get your horses cooperation and obedience.
Because you brace your arms, it makes your horses head go up and driving him forward makes his attempts at bucking hard enough hell quit trying to buck. The point is the horse cannot buck when he is moving forward with energy.
The next step is you must continue moving your horse forward with energy using your seat and legs until he quits trying to buck - be sure to control his speed.
Sometimes its necessary to hold your horses head up to stop the bucking while moving him forward. If you need to do that then be sure not to pull his head back. Instead pull it up. You do that by extending your arms and pull up.
If you have a horse that bucks whenever he feels like it then he should be doubled. The trick is to do it on the first buck if you can. Double him then boot him out of it with energy. Then double him the other way and boot him out of it and put him in a trot and make him keep moving.
Remember the horse must slow down to buck. If you can tell your horse is slowing down and getting ready to buck then boot him forward and pick up the pace.
About The Author
Andy Curry is a nationally known horse trainer and author of several best selling horse training and horse care books. For information visit his website at www.horsetrainingandtips.com. He is also the leading expert on Jesse Beerys horse training methods which can be seen at www.horsetrainingandtips.com/Jesse_Beerya.htm.