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http://clipboard.com/clip/LQXSCfbkY1zJgaAnQQJgGIfFxsexKKdTQA1e People are responsible for all the financial troubles they may be going through. This is because they chose not to follow the guidelines given out by the financial experts to manage their finances well. Therefore, they should try to learn the basics of personal financial management and do away with any kind of irresponsible financial behavior. A good working knowledge of the finances will help people to save money and think investing it on somes constructive purpose. People who are really interested to become financially responsible citizens will be glad to learn about some financial tricks that will help them to achieve their goals. Tips to save dollars Here are some tips that will help a s to raise a good amount of money as savings: a) Banks - Financial institutions like banks or credit unions are considered as some of the most secure places to save money and grow an emergency fund. As a result of the Great Depression of 2008, the US government has hiked the amount of coverage for bank accounts held by the citizens. The bank security money has now been raised to $250,000 for every individual account holder. b) Internet banking - People can take advantage of the web-based services offered by the banks. They can use the Internet banking facilities of a bank to conduct market surveys of all the financial products, analyze their return on investments or learn about the minimum deposit amount required across the country. Therefore, they can save money through the low cost services provided by the banks to take out loans, open savings account, etc. c) Price waivers - It is extremely important to shop around in the local market before one selects a particular loan provider. They have to compare the quotes provided by several lenders and ask for prices waivers. Moreover, they can share the rates offered by the lenders, so that they stand in a good stead to bargain for a rate reductio

This post is being written as part of HedgeFundBlogger.com's Investment Securities Tool which analyzes the holdings of hedge fund managers. With all the commotion surrounding energy these days, it never hurts to track an energy focused hedge fund ran by none other than T. Boone Pickens. If you are unfamiliar with Pickens, he is an energy maverick and his fund returned 300% in 2005. He is a big advocate of Peak Oil Theory and runs an energy-centric hedge fund based in Dallas, Texas. Although he typically holds numerous positions in oil, he is also big on alternative energy (except ethanol) and has numerous holdings there as well. He most recently advocated a large natural gas position and has additionally made a big bet on wind energy. So, now that we've got a little background on Boone and BP Capital, let's see what they were up to. The following are BP Capital's current holdings as of June 30th 2008, as released in their most recent 13F filing with the SEC. The positions in this most recent 13F were compared to last quarter's 13F and here are the changes made to their portfolio: New Positions: BPZ Resources (BZP): 350,000 shares. This position is 0.48% of BP's portfolio. EOG Resources (EOG): 322,266 shares. This position is 1.9% of BP's portfolio. Tenaris (TS): 1,106,394 shares. This position is 3.88% of BP's portfolio. Devon Energy (DVN): 845,946 shares. This position is 4.79% of BP's portfolio. Chesapeake Energy (CHK): 1,838,129 shares. This position is 5.7% of BP's portfolio. Added to: Occidental Petroleum (OXY): Increased position by 2.88%. Now 8.7% of their portfolio. Transocean (RIG): Increased position by 2.88%. Now 8% of their portfolio. Suncor (SU): Increased position by 105.7%. Now 7% of their portfolio. Schlumberger (SLB): Increased position by 11.6%. Now 6.5% of their portfolio. Halliburton (HAL): Increased position by 65.7%. Now 6.1% of their portfolio. Denbury Resources (DNR): Increased position by 2.88%. Now 5.4% of their portfol