Posts tagged as:

Budgeting

Why Save and Invest?

by Krantcents · 2 comments

Post image for Why Save and Invest?

Why save and invest? If you don’t, you would have to save about two thousand ($2,000) dollars per month for nearly forty (40) years to accumulate one million ($1,000,000) dollars. If you invest as little as five thousand ($5,000) dollars per year with a seven (7%) percent annual return, you will accumulate one million ($1,000,000) dollars by retirement. What are you going to do?

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Post image for How to Become Financially Fit

What is financially fit? You can measure your physical fitness in a variety of ways. You can measure your heart rate, pulse, strength, body composition, flexibility, coordination, etc.How do you know if you are financially fit?“Being physically fit is having the energy to perform your daily duties alertly and with vigor, while also maintaining adequate energy for leisure activities.” Are you financially fit? Read More…

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Post image for How to Save Money – Everywhere

Saving money is my passion! I consider myself a value shopper although I do very little actual shopping. Do I do extreme couponing or camp out at sales? No, that would be a waste of time since I do very little shopping. My grade as a consumer is probably “F”. I am not a minimalist, but I try to maximize value from my purchases with very little work. Read More…

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Post image for Sports Can Teach You Financial Skills

Playing sports teaches you much more than the game. Funny, how we tend to trivialize sports in school, but it is an important part of learning skills. When I played sports, I heard the phrase it was only a game. “Baseball, it is said, is only a game. True. And the Grand Canyon is only a hole in Arizona. Not all holes, or games are created equal.” (George Will)  Read More…

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Chess Is Life!

by Krantcents · 6 comments

Post image for Chess Is Life!

“Chess is life.”(Bobby Fischer) It is also a board game played by two people. Chess strategy consists of setting and achieving long term positioning advantages while tactics concentrate on immediate maneuvers during a game.  There is much more to playing chess such as the position of the pieces and values of each piece.  What can you learn from chess?  Could it help you in life? Read More…

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Post image for Impossible Is Just an Opinion!

Impossible is just a big word thrown around by small men who find it easier to live in the world they’ve been given than to explore the power they have to change it. Impossible is not a fact. It’s an opinion. Impossible is not a declaration. It’s a dare. Impossible is potential. Impossible is temporary. Impossible is nothing.” (Muhammad Ali)  Don’t tell me it is impossible, but find a way to succeed! Read More…

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Post image for Should I become a landlord or seller?

As a former successful landlord, it was my first choice, but the wrong one! Am I giving away my entire thesis in the first line? If you think so, you may be wrong. I addressed this question about seventeen (17) years ago and remained a landlord for another year. Although this is a personal decision, you should consider certain factors before you chose one or the other. Read More…

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Post image for The New Crisis Is Water!

Water was taken for granted in the United States for years! It was only a problem in third world countries. This has been the hottest summer on record in California. It is adding to an already difficult drought condition that will not go away anytime soon. If you live in the Midwest or East coast, you probably experienced flood conditions. This weather/climate change will affect the cost of food very soon! Read More…

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Post image for How to Manage Your Money

Money, like emotions, is something you must control to keep your life on the right track.” (Natasha Munson) Money management is the process of budgeting, saving, investing, spending or otherwise in overseeing the cash usage of an individual or group. How you manage your money is crucial to building wealth! Managing your money better just requires some information. Read More…

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Post image for What I Gave Up for Financial Independence

Financial independence was a goal I achieved about twenty-nine (29) years ago. It was part of a ten (10) year plan, I accomplished in about eight (8) years. It was a goal with a plan! It required a level of commitment, discipline and determination day in and day out. Although I used savings and investing to achieve this goal, it was my choices that helped me achieve my success.  Read More…

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