Christmas is over and many of you have most likely spent a bit more than you planned on those gifts.
Much of that spending was done on credit cards, cards with the “promise” of zero interest for so many months, or a low interest rate as long as you make your payments on time. But [...]
We all have life changing experiences. I believe that each life changing experience happens for a reason. I also believe that once the initial shock and hurt subsides it is a good time for self reflection. It is a good time for self evaluation, to determine how this change can improve [...]
Continue reading about Identifing Safe People for Success of Self
Many people in debt think “I’ll just file bankruptcy and start over, it’s easy”, the truth is that bankruptcy is a life-changing event that causes lifelong damage, and most bankruptcy lawyers won’t tell you that, they just want the dollars from you to file the paper work.
The word bankruptcy is a scary word to me. [...]
We have all done it, bought more car than we could really afford. For what ever reason we try to use in our mind to justify the purchase. I need a SUV to haul the kids around. My car was to small for the three car seats so I bought a new [...]
Becoming debt free, building wealth and taking control of your finances does not happen overnight, nor does it “just happen”, it takes planning, commitment, and dedication. It is important to set goals as I discussed in Debt Free Goal.
Setting goals requires you lay out and acknowledge your financial priorities, but how do you do [...]
Continue reading about 10 Thoughts On Setting Financial Priorities
What do you do when a friend or family member continues to ask to borrow money from you?
It’s a great question and one that causes much guilt and sometimes hurt feelings on both sides. One thing I have learned is that if someone is continually asking to borrow money from you they are most likely [...]
Continue reading about Lending Money To Friends and Relatives
Frugal, not cheap, but frugal is an important trait in those who are working toward becoming debt free and living in financial freedom to build wealth. I promote frugality to my clients. It is important to price shop, use coupons, by generic, etc.
There is a time however, when being frugal turns [...]
