Kim Staudenraus on May 28th, 2009
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So a friend or even a relative has come to you explaining how they found this great car.  They tell you it has low mileage, ice cold air, runs smooth.  It has new tires, and for a three year old car the price is fantastic.
They go on and on about the car, how it is [...]

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Kim Staudenraus on November 2nd, 2007
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Many people in debt think “I’ll just file bankruptcy and start over, it’s easy”.  The people who say that are in denial.  Sure, the process might be easy (actually easier than I think it should be) but the hard facts are that bankruptcy will change you life for a long time (by the way most [...]

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Kim Staudenraus on October 26th, 2007

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 [...]

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Kim Staudenraus on October 8th, 2007
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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 [...]

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Kim Staudenraus on October 3rd, 2007

Today a friend of mine talked to me about his debt situation and in the same breath stated he wanted to lease a new car. I won’t mention his name but he is a smart individual, well established family man who makes a good salary, close to six figures.As we continued our conversation, [...]

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Kim Staudenraus on October 2nd, 2007

Goal – Dictionary.com defines it as: “the result or achievement toward which effort is directed; aim; end.”

Goal, intention, objective, destination, target, mission. No matter what word you use, it is a point in your future that you aim for success.

We have all set goals, we have successfully achieved many and we have [...]

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Kim Staudenraus on October 1st, 2007

In 1993 I was $48,000 in debt. I lived in an apartment, paid monthly car payment to the bank, and after expenses, rent, electric, phone, insurance; the rest went to paying on credit cards. I had no savings, and to say I was living paycheck to paycheck was an under statement because [...]

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Kim Staudenraus on September 28th, 2007

Money Management, also know as cash flow management is the key to becoming debt free as well as successfully living in financial freedom.
Let me ask you a question. How much money do you make a year? Would you believe that most people can not answer this question? It’s true; most people, especially [...]

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Kim Staudenraus on September 25th, 2007

Becoming wealthy is not about the amount of money you make.
Stop laughing, it is true, as soon as you stop thinking you are going to gain wealth by making more then the quicker you will gain wealth.
You get rich from educating yourself. You must learn how to manage your money, discipline yourself with money, learn [...]

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Kim Staudenraus on September 24th, 2007

Most of my clients at one point or another ask me about investing. First, I tell them that legally, I can not advise as to what they should or shouldn’t invest in. However, I do offer some valuable, common sense advise.
First and foremost, never give your money to someone else and say “invest it for [...]

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Kim Staudenraus on September 21st, 2007

So you are in debt and you want to know how you gain wealth. Well, hang on, I am going to tell you something very simple that people who are poor don’t do.
PAY YOURSELF FIRST!
Sorry I don’t mean to yell but it is true. In order to gain wealth you must pay yourself first.
Most people [...]

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