Suze Orman is a very well respected financial advisor who happens to be a motivational speaker, host of her television show on CNBC, and author of 6 consecutive New York Times Best Sellers. She was also selected by Time magazine as one of the TIME 100, The World’s Most Influential People. So if anyone understand finances, it would be her. She has compiled a list of top 10 money tips for 2010, that I would like to share with you all. I certainly took away a thing or two from this helpful article. Enjoy!

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One of my favorite sites to get valuable information regarding my money is cnnmoney.com. I was looking through the site one day, and came across this quiz that grades how well you are doing with your personal finances. I took the test and received a pretty high score, but it also showed some areas that I can improve upon. These areas crossed my mind before, but this quiz was very helpful, because at the end, it actually highlighted the areas that I needed to work on.

If you have goals with your money, or just want to see how you are doing, I highly recommend this quiz. I would also recommend that you be as honest as possible, because the more honest you are, the more accurate the results. Take the test, and happy savings!

http://cgi.money.cnn.com/tools/financialhealth/index.html

YPs, today we have another YoungProfessional giving some insight.  Jonathan Neale is a financial professional who is giving great advice on responsible spending.  Make sure you get the most out of this article, because I know we all can use some advice on this topic.  Jonathan has his own company and has listed his company’s information, for those of you who read this article and would like to seek his expertise, personally.  YPs Stand Up!!!

Responsible Spending

Good Day Everyone,

          First off I would like to introduce myself.  My name is Jonathan Neale and I am a Philadelphia area financial professional.  I have been working in financial services since before I started college and would like to share some food for thought for all young working professionals.

          Being a young professional carries a lot of responsibilities.  We have to act in a way that will get us recognized by our superiors.  When noticed, we want to look and feel our absolute best.  The only way to move ahead in life is by showing people you are the best at what you do and who you can be.  This means buying the nicest clothes, shoes, watches and always having a fresh appearance. 
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YPRuck: I came across this story almost a month ago and was wondering how the hell this family paid off $106,000 in debt in 5 years without hitting the lottery or receiving a lump sum of money.  This family went with a consumer credit counseling company which is not a bad thing and can be a solution to your credit issues if you’re discipline enough to stick to the debt management plan and change your spending habits.  YP’s getting out of debt is not impossible but it takes a good game plan and the discipline to stick to it via sacrifice and determination to achieve the goal of becoming debt free.  The Hildebrandts did just that and as you read this article you will notice the changes and sacrifices this family made to secure a debt free future and free themselves from the choke hold that debt seems to have on millions and millions of families across the US.  This is a good example and I hope you ladies and gents enjoy and are inspired by the Hildebrandts.     

Meet the Hildebrandts; their frugal ways lost debt, won an award

Five years ago, the Hildebrandt family of New Richmond, Wis., was juggling more than $100,000 in credit card and personal debt. Through frugality, determination and hard work, they are now — other than a mortgage — debt-free.

At the time, Russell and Kandy Hildebrandts’ credit card balances totaled about $89,000, and they owed $17,000 to a family member. While they were current on all the payments, the card companies had begun raising their interest Read more »

YPDSing: It is interesting to see where today’s YoungProfessionals are migrating to these days. I remember a time where everyone was trying to get to Atlanta for corporate growth and lifestyle. There always seems to be somewhere to go where YoungProfessionals seem to be flocking. Today it seems that DC is that place. The DC area is real nice place to want to plant your routes. The coporate world is big as well as a number of recreational things to do. Check out this article and see how DC’s YoungProfessionals a fairing in DC.

By Patricia Reaney

NEW YORK (Reuters Life!) – Washington, D.C. has become the favorite area for wealthy young adults, with the nation’s highest percentage of 25-34 year-olds making more than $100,000 a year, according to a new analysis.

Sixteen of the top 50 counties in the United States with the highest share of wealthy young people are in the Washington, D.C. area.
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A lot of Youngprofessionals have issues with their finances which can lead to bad credit and making bad decisions with their money.  Trust me, my credit is far from perfect and I have definitely mismanaged my money a time or two which has resulted in forgetting to pay bills or having to decide what bills to pay and what bills not to pay, which will more than likely cost you more in the long run but this is what happens when you mismanage your money.  Also, I use to wait to the last minute to pay my bills which isn’t good because you leave room to spend bill money on something other than a bill.  I came Read more »