The Money Hero Blog
Kalinda Rose Stevenson, Ph.D.  

Archive for the 'Main Page' Category

Can The Federal Reserve Stop A Recession?

Thursday, August 7th, 2008

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On Tuesday, August 5, the Federal Reserve voted to keep the interest rate for banks unchanged at 2 percent.  Although I am by no means an expert on the economy and the role of the Federal Reserve, the actions of [...]

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“Avoid The “STOLI” Insurance Scam That Promises You Big Money For Nothing”

Thursday, July 31st, 2008

Stranger-Owned Life Insurance (STOLI) is offered to older people. Even if you are too young to be approached about such polices, it’s a fair bet that your parents or grandparents could be targeted, if they haven’t been already. It is in everyone’s interest to understand how this insurance scam works.  
“Stranger-Owned Life Insurance (”STOLI”) is a [...]

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Don’t Roll Over And Play Dead: Be Your Own Money Hero

Sunday, June 22nd, 2008

By Kalinda Rose Stevenson, PhD.
One of the enduring beliefs in American society is that people can pull themselves up by their bootstraps and succeed if they work hard and persevere.
Today, the Associated Press published an article that claims that people are losing faith in this belief. It asks the question:  “Is everything spinning out of [...]

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Making Money After The Summer Solstice Is A Test Of Persistence

Wednesday, June 18th, 2008

Making money after the summer solstice is a test of persistence. Each season of the year has its gifts and its challenges. The gifts of summer are warmth and light, the essential elements of growth. At the same time, the greatest challenge of summer is persistence.  Most people begin new projects with enthusiasm, even though [...]

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Does “The Secret” Teach Magical Thinking About Abundance?

Wednesday, May 28th, 2008

“The Secret” has been a colossal phenomenon about how to create abundance, using “The Law of Attraction.” When my adult son first watched the “The Secret,” he objected to one dramatic episode. A boy wants a bicycle. He hopes and dreams for the bicycle and spends time gazing excitedly at a picture of the exact [...]

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Entrepreneur Abundance Strategy

Tuesday, May 27th, 2008

An entrepreneur abundance strategy is characteristic of the way entrepreneurs approach business. Whether or not entrepreneurs ever use the word “abundance,” the mindset and actions of entrepreneurs are the same mindset and actions that produce abundance.
“Entrepreneur” is one of those umbrella terms that can cover a range of meanings. In essence, an entrepreneur wants more [...]

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How The Federal Reserve Uses Interest Rates To Control The Money Supply

Tuesday, April 29th, 2008

by Kalinda Rose Stevenson, PhD
Interest rate changes are the most widely publicized method the Federal Reserve uses to control the money supply.
You will see all kinds of speculation about what the Federal Reserve will do before such meetings, which affects the stock market. You will also hear media reports about how changes in the interest [...]

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Is The Monopoly Game Teaching You To Go Broke?

Monday, April 28th, 2008

Monopoly is a zero sum game based on competition, based on a limited money supply. Since the money supply cannot increase, the players can win only by taking money from other players.
This fundamental reality of Monopoly is that one player wins while the others lose. This reflects the experience of the Great Depression. Thousands stood [...]

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Welcome to “Money Hero Blog”

Saturday, April 26th, 2008

What is a hero and what is a hero’s journey about money? 
According to Joseph Campbell and his work on the hero’s journey, the hero is anyone-male or female-who perceives that something is wrong in the hero’s world. The hero chooses to act to solve the problem, motivated by a sense of responsibility to restore the [...]

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