Good Habits for a Great Life!
Most of us do not want to think about dying. Of course, it is going to happen to all of us whether we like it or not. There is no way around it. Dying is probably the one certain fact of life that we most like to ignore. However, we have a responsibility to our spouses and family to be financially prepared for when it happens.
You might say, “Jeff, …
Read more »
In order to build wealth, you have to make your money work for you. In other words, you need to make proper investments and earn a good return.
This is not as difficult as it seems. With all the negative press going on concerning the stock market right now, you might feel it is better to keep your money under a mattress rather than investing it. However, this is simply …
Read more »The debt snowball is a very easy and effective technique for paying off debt. It is a systematic way for the average person, like you and me, to attack and eliminate their credit card bills, car loans, student loans, and other forms of consumer debt.
Debt drains our finances of its strength. You need to pay off your debt so you can keep your money and start accumulating wealth. The …
It takes a little frugality and sacrifice to get ahead with money once you’ve gotten yourself in a hole. In other words, you may need to give up a little in terms of your lifestyle now in order to achieve a level of financial success tomorrow. This really isn’t so bad. Frugality doesn’t hurt as much as you think it will.
Making a few financial sacrifices is kind of like …
Read more »
A budget is the foundation of a solid personal finance strategy. It is the plan that tells your money what you want it to do. Without a budget, you flounder financially. With a budget, every dollar that you make has a job that you assign. Budgets are not limiting or restrictive because you decide how the money is allocated. However, budgets do reveal to you exactly how you’re spending or …
There are always unexpected emergencies that pop-up in life costing us money. Why are we usually caught totally off guard by these financial crises? When it hits the fan, so to speak, and we don’t have any cash to handle it, we often resort to using credit cards. This generally means that we end up paying even more in the form of interest to handle our emergency. A better alternative …
The goal is to get ahead with our money and start experiencing more success with our finances. We want to return to the basics of financial wisdom to learn how to accomplish this. One important way to achieve any financial goal is to observe what other successful people have done to win with their money. Once we know what others have done, we simply emulate their behavior to get the …
Read more »