1. Pass Along Books and MagazinesDon't let any quality financialknowledge that you have found stop with you. Take the little extratime and effort to make sure it gets passed along to others. Once youhave finished reading financial books and magazines that you know youwon't refer to again in the future, give them to others. Web sites like Book Crossing encourage you to leave books in public places so that others can find them. Magazines can be leftin waiting rooms, park benches or any other area with heavy foottraffic where they're sure to be found. If you read a good personalfinance article, take the time to email it to everyone on your list.
2. Participate on the InternetAs the economy gets worse, people willbegin to search for help and many of them will turn to the Internet tofind information. There are many ways that you can participate on theInternet to help others with their finances. A variety of personal-finance forums (do a Web search) bring together people who are looking for advice and need help with questions that you can answer. You can also pose your own questions that others will answerand will help all that read them. In the same light, a largenumber of personal-finance blogs allow you to comment to help thosewriting and reading them. More news organizations are also allowing people to comment on their articles. Pass along your knowledge to others so they don't have to repeat the same mistakes you may have made and they can get their finances in order much more quickly.
3. Start a Financial BlogPass your personal finance experience along toothers directly by beginning your own blog. You can write about anymoney topic with which you have experience from how you recovered frommountains of debt to how you built your millions. Pass along the lessons that you wish others had passed along to you. Write about both your successes and failures so others can learn from them. Join the growing number of personal-finance bloggers passing along the lessons they have learned.
4. Start a Personal-Finance Study GroupThere are investment study groups all across the country and in the same light, beginning a personal-finance study group can be an excellent way to help others as well as yourself.
5. Begin a Personal-Finance Book ClubIn the same light as a finance study group, starting a personal finance book club can be an excellentway to improve your finances while talking about new ideas learnedfrom the many personal finance books out there. Since everyone is a bit different, different personal finance books will appeal to different people, but reading a wide range of them will lay a solid foundation for the entire group while at the same time helping each individual find those financial tricks that work best for their personality. Combined together, everyone in the group should makegreat strides in getting their finances in top shape. Even those who don't want to commit to a personal finance book club can still help others. If you are already in a book club, suggest a personal-finance book as reading material for one of your meetings.This can be a first step to helping people take an in-depth look atthe way they are spending their money.
These are just a few ways that you can pay forward the help you have received from others in getting your own personal finances in order. Make an effort to help pass along quality information to help others so they will not only survive this economic downturn, but also make their personal finances thrive in the years to come.