Posts tagged as:

Savings

Post image for Does a Spending Freeze Work?

A spending freeze is when you stop spending money for a period of time. You could lock up you credit cards and cash, avoid the mall and just stay home. How long could you go without spending money? When the federal government has a spending freeze, they just maintain a certain level of spending. They may tie spending to GDP growth or per capita spending. I just call it a budget! Can you really stop spending? Read More…

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Post image for Buy a New Car  or Used Car?

Buy a new car or a used car? Is this a trick question? Many personal finance experts recommend buying a used car versus a new car because it has already depreciated some of its value and you get a better deal. Particularly if you find a used car off a lease and it was well maintained. Many car dealers offer certified used cars with warranties and you save 30-40% over new.  Read More…

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Post image for Measure Twice and Cut Once!

Measure twice and cut once is an old proverb that is still relevant! It means one should double-check one’s measurements for accuracy before cutting a piece of wood; otherwise it may be necessary to cut again, wasting time and material. It also relates to all of life’s decisions! Often, you do not think through all the consequences of your actions thoroughly. In other words, think before you act! Sound familiar? Read More…

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Post image for 10 Steps to Financial Security

What is financial security? Financial Security is having sufficient resources to support a standard of living now or in the future. What does this mean to the average person? A good working definition may be having enough money to cover your current and future expenses. Everyone has a different definition of what is financial security because our expenses change. What do you need to know? Read More…

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Post image for Labor Day is more than a Holiday

Labor Day is the first Monday in September and an American holiday! It is supposed to be a national tribute to the contributions and achievements of American workers made to this country. It was established abut one hundred twenty years ago. It usually signaled the end of summer and children return to school. The last weekend to get away or relax before school starts. What does Labor Day mean to you? Read More…

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Post image for Car Free in Los Angeles

Yes, I will be car free in Los Angeles in three years. Why am I writing about it now? I am taking the first step to be car free in Los Angeles. I will retire in the next three years and have no need for two cars. Los Angeles is a very much a car town. Los Angeles used to have one of the best public transit systems in the country, but that was nearly one hundred years ago!  Read More…

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Post image for Summer Vacation Is Over!

Summer is vacation time for families! Most of the world goes on holiday in August every year. Students travel during the summer because they are off from school. For the last fourteen (14) years, I travel overseas during the summer. When students return to school, their teachers usually use vacation experiences as a subject for a composition or discussion. Did you take a summer vacation? Read More…

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Post image for Start Thinking Outside the Box!

Thinking outside the box is one of those metaphors that really need explanation. Thinking outside the box means to think differently, unconventionally or a new perspective. Some business consultants challenged their clients to solve a “nine dots” puzzle which required a creative solution. Often we are caught up with rules or conventions to solve problems versus thinking creatively.  Read More…

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Post image for The Odds Are Against You!

The odds are against you to be successful. 78% of NFL players end up broke! How many people can even say they were a professional athlete? The odds are against you to make it to that level. The odds are against you to be an Olympic athlete too. The median United States household income is $46,326. Half of the families are living on incomes less and the other half exceeds this amount.  Read More…

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Post image for Are You Sabotaging Yourself?

Are you sabotaging yourself? It may be your friends, colleagues or family, someone is sabotaging your plans. It may be you! You have goals or list of things you need to do, but somehow something or someone stops you from achieving them. You tend to blame others for your failure, but it starts with you. We all make mistakes unless it is a habit! Do you sabotage your efforts or allow others to do so? Read More…

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