Irvine, CA (PRWEB) November 12, 2010
Personal finance blog MoneyNing.com offers insight to those confused about income diversification, investing and other wealth-building principles in a recent post at http://MoneyNing.com/.
The Federal Reserve Bank is doing its best to have a positive influence over the rebuilding of the U.S. economy. Twice they’ve employed “quantitative easing” (QE) in hopes of reviving the stagnant economy. And yet economy continues to falter with unemployment hovering around 10%.
Now, the Federal Reserve is attempting to boost the weak economy by purchasing additional government debt. Some worry that this move may result in runaway inflation, while others fear a Japan-style deflation of the dollar.
Uncertainty about the economy over the past two years has sparked a renewed interest in smart investing, income diversification, and other important principle for building wealth and creating financial security. Personal finance blog MoneyNing.com addresses these issues in its regularly updated posts.
One recent post entitled How Diverse is Your Income? encourages readers to recognize the lessons learned by the Great Recession, primarily that have a variety of income sources is crucial to survival in an uncertain economy.
The posts author, Miranda Marquit, explains, “With the massive layoffs seen in the economy during the recession, and the difficulty with finding a new job in a slow moving employment market, it is clear that relying on one source of income can be a real problem.”
The Fed seems determined to employ a variety of methods to move the economy toward recovery. Only time will tell whether the quantitative easing and the purchasing of government debt will provide sufficient “diversification” to jolt the economy back to life.
MoneyNing.com was launched in 2007 by David Ning in an effort to help others understand how to build wealth through smart investing and careful spending. The comprehensive blog covers a number of personal finance issues and has acquired a following of over 300,000 monthly visitors and a growing Facebook fan page.
MoneyNing.com has been featured on the NYTimes.com, Time.com, and USNews.com. Subscribers of the money management blog receive a weekly newsletter, access to a mini course on frugal living and a copy of David Ning’s eBook How to Save Money on Everything.
To better understand the principles crucial to building wealth and creating financial security, like investing, visit http://moneyning.com/.