|Wealth Building Information|
Your Money Or Your Life
Have you stopped to realize that although you go to school to learn about important subjects, no one teaches you how to manage your money?
Money is an essential part of life in our pursuit of happiness, yet very rarely will a parent sit down and tech their child how to handle their money.
This is true in grade school, high school and worst college.† So what happens?† Many of us end up in an extremely large amount of debt.† We can't seem to get it together even if we make more money.
I found myself in this trap about 13 years ago.† I had an okay job, a car, and an apartment.† Nice I thought soon I would buy a house and live the "American dream".† Wrong!† I could never save enough to buy a house.† I had plenty of credit cards, so many that I never had enough money due to many payments to put aside for my dream home.
What was happening to my paychecks?† Well, I was over extended in credit card debt for one.† The buy now pay later syndrome was well embedded in my head.† That mentality had to stop!† Since, I wasn't terribly behind in my payments I was able to get some help from the creditors.† I simply asked for a lower interest rate and/or the ability to skip a payment.† After that call, I had to cut up and dispose of the cards.† No! I didn't cancel my cards but I got rid of them just the same.†
Next I bought a tablet just for my budget information and bills.† I also purchased a software program to keep track of my expenses.† I think it is important to keep something manual that you can carry as well as a computer software tool.
Next, as bills came in, I wrote them down with the name, address, phone number of the creditor, my total balance, interest rate, and minimum payment due, the due date, and if there were any annual fees acquired with the card.
Review the card with the highest interest rate and pay more then the minimum due.† Always ask if they can reduce your rate or seek the possibility of debt consolidation buy applying for a low interest rate loan or credit card.† If you haven't cut up your credit cards do not get a consolidation loan.† Because most likely once your payments are manageable you'll start using your cards again.
Minimizing your spending is the key to financial freedom.† Make sure to start a savings plan after you've gotten your debt under control.
Dina D Harbour, Financial Coach
Wanted Debt Or Alive (A counseling service)
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
Philadelphia Metropolitan Board of Realist hosts Community Wealth Building Day in Mt. Airy - Montgomery Newspapers
Mayoral candidate Dorothy Brown releases Comprehensive Economic and Community Development Plan for City of ... - The Chicago Cusader
Free Nonprofit Empowerment Symposium to Offer Valuable Economic Strategies and Resources - Lasentinel
The Truth About Setting Up A Wealth-Pump Business: The Passive Income Myth Exposed
In theory the idea of generating additional (and passive) business revenue from books, CD programmes and eBooks couldn't be simpler. Find a market.
Building Wealth: Its An Inside Job - Part 1
Whenever we read about building wealth or even attend a seminar for that purpose, we usually begin by assessing our present financial status. We're asked to calculate our assets and liabilities followed by a determination of where we'd like to be in a certain period of time.
Building Wealth: Its An Inside Job - Part 2
Let's quickly review the principles discussed in the first part of building wealth. We established that prosperity consciousness must first be developed mentally to acquire any real wealth.
Residual Income - The Myth
"Join our program and retire in 3 months..
Why do Some People Rake in the Dough while Others Spin Their Wheels to No Avail?
Here's the truth: I have read hundreds and hundreds of books about personal finances, from the conventional world of financial planning, to the trendy how-to-get-rich programs to the New Age gurus of money.But here's what's missing from nearly all of them: VERY FEW of them even mention about our relationship with money.
You're Eating Your Retirement Money
Ever think about how eating all those fast food meals for lunch are effecting your pocketbook. Let's do the math.
Financial Intelligence - Natural Marketing For Lone Rangers
"Ooooooh," you may say, "I could NEVER be good at marketing, I'm just not that sort of person.† I'm just not pushy enough".
7 Golden Rules to Financial Prosperity
Not Enough Money?I believe that most people haven't got enough money for everything they wish to have - the more you have the bigger your plans, and you have a feeling that you have less and less money.Whether you have lots of money or just so-so, you need to economize and take proper care of your money ie your income, expenditures, savings and investments.
Spiritual and Emotional Money Goals: The Keys to a Financially Free Future
Are you setting the right money goals?Most people believe having more money would mean having more security. Right? Wrong.
The Hawk and the Mouse - Saving for Retirement
There once was a hawk, ferocious and swift. He was young and agile with many years of life to hunt the open ranch lands.
Still Using Federal Reserve Notes?(How to Beat Inflation)
"My people are destroyed for lack of knowledge." Hosea 4:6 This short article will address the topic of inflation, its causes, the effects thereof, and how to safeguard against it.
WARNING: The Biggest Lie About Social Security
Like I said, If you are poor and on social security do not, and I repeat do not read this article.Why? Cause I am going to blast the recent article that was in USATODAY on August 16, 2005.
If You Know These 5 Wealth Secrets Then You Are Probably Already A Millionaire
Wealth Secret 1 - Decide Your Outcome Right Now.Unless you are incredibly lucky you will not be successful straight away.
The Top 10 Steps to Extraordinary Personal Wealth
I recently came across startling figures about the average American's finances. Only 4% of us have significant savings when we hit age 65, and a majority of Americans have less than $1000 in savings.
How to Save Money and Take the Vacation You Always Wanted
Many people don't realize how much money they spend on convenience and boy does it add up. I am going to share some of my frugal and practical tips of how to save money for the vacation you always wanted.
Building Wealth: A Wealth Building Strategy Is More Than Simply Diversifying Your Investments
Wealth - an abundance of values. Each of us determines what is or is not of value to us.
How Much Do You Need To Earn Per Hour To Achieve Your Yearly Financial Goals
Have you ever asked yourself what your highest income producing activity is?If you're like most people you probably go about your day-to-day business never really thinking about the moment to moment activities that consume your day.I'd like to walk you through an exercise that has helped me and my clients really stay focused on earning their highest possible revenue per hour.
Wealth Creation - Opportunity
When young men ask me how to succeed, I tell them, 'Don't spend money on yourself until you no longer need it to expand your business. Any young man willing to pay the price can rise to success.
Do You want to Live on Macaroni and Cheese when You Retire or Filet Mignon?
How Much Money Will I Need to Earn to Retire?This is the most common concern of people who are contemplating retirement. While most financial planners would tell you that you need to earn as much in retirement as you did while you were working, this isn't always the case.
The Difference Between Wants & Needs
So you want to become wealthy? While there is no single road to getting there, it's a sure bet that one principle is in place for those who keep their wealth over a lifetime. Live beneath your means.
|home | site map|