Kent Skornia

43 Flips | 1 Magazine | 134 Followers | @KentSkornia | Keep up with Kent Skornia on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Kent Skornia”

Understanding Cash Flow Is Critical

The real poverty of typical families is found neither in their low income nor in costly essential expenses but rather in not understanding their own cash flow.<p>Regardless of income level, overspending causes poverty. Saving and budgeting produces wealth.<p>A person may be making millions and live on a …

Retirement

Retirement: 5 Ways Money Makes Money

Saving for retirement is hard work, especially starting out. It’s no picnic to sock money away you might spend instead.<p>But you have to do it, and the earlier the better. Getting started with retirement saving and investing is common sense, but the really important part is starting early.<p>Why? …

The Best Place to Retire? What Kind of Life Do You Want?

<i>By Beth Pinsker</i><p>There are plenty of lists proclaiming the best places to retire, but finding the place that really suits you ultimately depends on …

Real Estate

Russia 'has deteriorated significantly' as Fitch cuts credit rating

Fitch has written a scathing assesment of Russia's economy after downgrading it to BBB<p>Fitch has downgraded Russia's credit rating and painted a horrific picture of a struggling economy rocked by a collapsing rouble, falling oil prices, high inflation and declining international reserves.<p>The ratings …

Central Banks

The Best Steakhouses in America, According To OpenTable

OpenTable just announced the winners of its Top 100 Steak Restaurants in the United States list, which is based on more than 5 million restaurant reviews submitted by OpenTable diners for more than 19,000 restaurant in the US.<p>The list of winners spans 32 states, with Texas securing its spot as the …

Texas

Fortune.com

• 1. To license Fortune articles, excerpts, or headlines for republication in various media (including books, eBooks, film, web, newsletters, …

Amazon's Latest Plan To Make Its Cloud Business Really Huge

Jeff Bezos believes that Amazon Web Services, the company's cloud which hosts applications, could become its biggest business.<p>Today at the reInvent conference, AWS leader Andy Jassy said that Bezos and the "rest of the leadership team" believe "it is very possible that AWS could be the biggest …

Cloud Computing

33 Books Every Entrepreneur Should Read

And it doesn't come with a manual.<p>Luckily, there's a multitude of excellent books from founders, VCs, and CEOs who have been through it all.<p>Here's a collection of some of the best books on management, leadership, and entrepreneurship for anyone from seasoned entrepreneurs to those just starting out.<p>…

Self-improvement

21 CEOs Name Their Favorite Books

What are some of their favorite reads? Many of them reference business books as sources of inspiration, but others are partial to fiction or sci-fi.

Chart Of The Day: 150 Years Of Global Monetary Policy

While everyone debates if the Fed will, once again, be wrong in its forecasts about a rate hike cycle starting some time in mid-2015 (spoiler alert: …

How Financial Bubbles Fester And Burst - Even As The Fed Says Not To Worry

In today’s post Wolf Richter offers some solid insights on the dynamics of financial bubbles which merit further comment. <b>The starting point is to</b> …

How to Save Your First $100,000

Anybody who has a background in investments and is familiar with how to save money knows the oft-repeated mantra of saving: The first $100,000 is …

Banking | Compare and Open a Bank Account From the Best Banks | GOBankingRates

401(k) fail: Expert sees 'totally unexpected' drop in accounts

Even one of the greatest bull markets in history can’t improve the sorry state of 401(k) accounts.<p>According to a new report from the Center for …

Resume lies are on the rise

One applicant put experience on his resume that was actually his father’s. (They both had the same name—one Senior, the other Junior.) Another …

What The Greatest Self-Help Books Of The Last Decades Can Teach You In 7 Minutes

As a writer, I’m fortunate to connect with authors and experts all over the globe who have vitally important messages to share. While each of these experts sees the world in his or her own very unique way, and shares a special filter or perspective on life, progress and success, when you peel the …

Edge, Time Arbitrage And The Shame Of Short-Term Thinking

If you can stick with me on this and read between the lines of this key piece of recent news, you will have a real edge to understand what’s going on right now that is affecting every market in the world from startups and IPOs to emerging markets and real estate.<p><b>The News</b><p>The news? Investors are …

6 Must-Have Pieces of Advice for College Graduates

Leaving college and entering the workforce is both exciting and terrifying to say the least. The workforce is dramatically different from what it was 10, 20 and 30 years ago when our parent and professors were navigating through it. Fueled by technology, progression, and a strong virtual work …

Bets on hawkish Fed lift dollar, U.S. bond yields

NEW YORK (Reuters) - The U.S. dollar ended higher for a ninth straight week against the euro on Friday and hit six-year highs against the yen, helped by speculation the Federal Reserve may strike a more hawkish tone when it meets next week.<p>American dollar notes are displayed in this photo …

U.S. Retail Sales Increase Broadly In August

The Commerce Department said on Friday retail sales increased 0.6 percent last month after an upwardly revised 0.3<p>percent gain in July.<p>The increase in retail sales, which account for a third of consumer spending, was in line with economists' expectations.<p>July's retail sales were previously reported …

Apple Pay was this week's most revolutionary product

If you’ve paid any attention at all to the mobile payments space, you’ll know that one of the most notable pieces of news recently is that the consortium of carrier oligarchs trying to create a payment system rebranded from ISIS to Softcard so that it wouldn’t be associated with the militant group. …

RT @rydercup: At 7,243 yards, the PGA Centenary Course at Gleneagles is the longest inland course in Scotland. http://t.co/q6uep6CVQp

Report: Millennials reading more than older adults

Kids these days — they’re reading more than older Americans.<p>According to a Pew Research Center report about millennials, 88 percent of Americans under age 30 read a book in the past year; only 79 percent of those age 30 and older did so.<p>The report, released this morning, also found that more young …

Why Banks Are Buying In to Apple Pay

The bankers involved don't want to talk about it. But listen closely and read between the lines, and you can see why they might be willing to …

Employer health rates rise 3%, worker deductibles top $1,200

The price of employer health insurance rose a modest 3% this year, a major survey shows, but workers will be paying more when they get sick as deductibles soar.<p>Annual insurance premiums for families increased 3%, on average, to $16,834, according to the survey released Wednesday by the Kaiser …

Health Care

WhatWine Scans A Restaurant’s Wine List To Pair Your Dish With The Right One

I’ll confess, I know very little about wine, except that too many glasses of cheap red plonk can make you very sick as a 14-year-old child. WhatWine, a new app from serial entrepreneurs Cedric Maloux and Matthew Gertner, who previously founded AllPeers together, could help fill in a few of my …