From the category archives:
What do you think when you hear the word millionaire? If you are a millionaire, you must have a big house, fancy cars and lots of money! You may be surprised to find out that the vast majority of millionaires are just like you and me. They work hard, live modestly and struggle like the rest of us with money. Read More…
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I recently read an article called Win Rewards for Paying Off Debt in Kiplinger magazine. The author writes about several credit cards that offer incentives to pay on time. They encourage frugal behavior! Let me translate for you, the credit card companies pay you to pay them on time. Why would they do that? What is in it for them? I always thought they only wanted the minimum payment so they could charge interest rates of 18-24% on the balance. Read More…
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I recently read an article on CNNMoney.com about some organic farmers who wanted to expand their farming business, but it meant taking on bank debt. Courtney Lowery Cowgill and her husband had a small organic farm specializing in vegetables, turkeys and ancient heritage grains in Conrad, Montana. Read More…
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Back by popular demand, Budgeting is still a waste of time! Last week, I wrote an article called “Budgeting Is a Waste of Time”! I offered some suggestions about analyzing your expenses. Look at every expense and answer my three questions to determine if you should make any changes. What additional expenses need analysis? Read More…
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All statistics say that most people do not save enough money for retirement. Are you one of them? What are you going to do? Are you going to work longer? Are you going to cash out your house? Do you plan on taking a reverse mortgage? I may have a solution for you! Read More…
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Budgeting is a waste of time!. To me, a budget is a list of planned income and expenses. It is a road map to achieve your financial goals. Most people look at a year’s worth of expenses and take an average and /or adjust for inflation and use it for their budget. Is that enough? Read More…
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Psssst! Do you want to know a secret? Actually, these are well known strategies in achieving goals. By now you made your 2011 New Year’s Resolutions. What do you do now? Take some time to understand where you are as of January 1st. Whether it is a financial, personal, or business goal, I hope my approach helps you achieve your New Year’s Resolutions. The most important part of goal setting is periodic monitoring and adjusting your efforts to reach your goal. An aggressive or impossible goal can be made possible! Read More…
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Every time I buy a lottery ticket, I play this mental game of what I would do if I won! I allow myself to fantasize for a couple of hours or a day, the few times I bought tickets. Lotteries draw many people, but few win. I don’t think I ever saw a rich person win. The background of many winners is generally hard working people or people with difficulties who buy a ticket with their last dollar. With the odds against them, they win. Read More…
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Are you looking for work? Do you have a skill that people want? Maybe now is the time to start a home based business. In many cases, it requires little or no money. What are you waiting for? What business should you start? Start with what you do well. Maybe you are new college graduate who would be a teacher, except no one is hiring. Read More…
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Teens admit to not knowing much about basic money skills, such as credit, investing and budgets, but what do they do? They are strongly influenced by their parents and friends. Is this positive? How do they spend their money? Do they save? Do they learn how to handle money responsibly? Where do I start? Read More…
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Krantcents
If that is your goal, you know what you have to do
Kyle @ Debt Free Diaries
Ideally I want to do a bunch of traveling and spen
Krantcents
Absolutely! Even, if you start small!
Krantcents
Time is the biggest element in saving and investin
Krantcents
Whether you actually retire or not, you want the c
