Cardinal Money Management

Cardinal Money Management Home

Welcome!

This site, Cardinal Money Management, is meant to help Stanford students and people of all backgrounds learn how to effectively spend and save their money. In addition, they can learn how to start investing in the stock market.

Historically, the United States does not save as much as many other nations. A 2005 study by the Organization for Economic Co-operation and Development determined that Japanese citizens save twice as much as Americans, and Europeans four times as much.

This issue must be addressed, because this low saving rate can possibly cause financial failure for many families in the future. In this site, the necessity of saving wisely is discussed. In addition, patterns of consumption are important. Finally, it is recommended that one should invest a portion of the savings. Many people do not know how to start investing, and this site will help them along.

How to Navigate

As you will notice, there is a horizontal section of links at the top of the page and a vertical section of links at the left. The links at the top of the page will take you to pages about the site itself, my motivations for creating it, etc. The links at the left can help you learn about money management and investing. They are divided into three categories, "Personal Money Management," "Investing in the Stock Market," and "Stock Market Metrics/Terms." Within any category, you can read the pages in any order that you like, but from top to bottom the topics start becoming more advanced and complex. If you ever get lost, you can always go back to the homepage by clicking "Home" in the top left corner.

Note about the Articles

As the creator of this site, I wanted to help the public learn more about money management and investing. I have significant experience with these topics, and as a result I made the webpages. The majority of the content was written by me, based on information that I know and have experience with. The articles are meant to be a guideline to get you started, but you should not rely solely on my information. It would be a good idea to consult several different sources, because your financial security should be worth the extra research.

Acknowledgments

As reference sources for sections of some articles, I used sites like Yahoo! Finance (finance.yahoo.com) and MorningStar (www.morningstar.com). For example, I have recent stock quotes for various companies throughout my website that were provided by Yahoo! Finance. In addition, I sporadically used pictures from other sources in order to support my points and provide visual imagery. They are generally public domain and credited if there is a clear source.

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