I am a lifelong saver! I will retire in one to two years and everything changes! I have multiple sources of income and enough investments to keep my wife and I very comfortable for more than thirty years. Comfortable is a subjective word, but my mortgage will be paid off and I have no debt. So what is the problem? I have to change my habits and ...
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Money Matters: Planning
Planning is the process of making plans of something. Without a plan a goal is just a wish! A plan involves strategy which is a method or plan to bring about a desired future or solution to a problem. This involves organizing your ideas or activities required to achieve a desired goal. When you plan a trip, you start with the destination and map ...
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If You Want to be Rich, Chose Rich Friends
Rich and successful friends will make you rich! In a conversation attributed to F Scott Fitzgerald and Ernest Hemingway, Fitzgerald said “The rich are different from you and me.” Ernest Hemingway responded: “Yes, they have more money.” Believe it or not the money is not what you want from rich people, but the connections and what you can learn ...
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Money Matters: Money Management
Money management is the process of managing money, including budgeting, saving, investing, taxes, banking, spending or otherwise in overseeing the cash usage of an individual or group. Good money management is making good choices. Good money management is having control over your finances utilizing a budget and analyzing your expenses. Are you a ...
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Why I Started my Business?
Why I started my business? I wanted to know if my reasons matched theirs. I wanted to know if I was like Warren Buffett, Steve Jobs, or Bill Gates. Don’t you? Did they start their businesses just to make money or change the world? I thought I would share why I started a business years ago and you can let me know if it matches your reasons or ...
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Money Matters: Saving
Saving is income not spent or deferred consumption. Saving involves reducing expenditures such as recurring costs in terms of personal finance. It is the first step to achieve your financial goal. It may be to purchase a car, a down payment for your first home, vacation, or retirement. If you are like most people, life gets in the way of saving for ...
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Goals in One Word
That’s right, pick one word for your goals! Goals are something I do every day all year long. I know a lot about goals because I achieved all the important ones in my life. I know that sounds a little arrogant, but it is true. I was not my high school valedictorian nor did I graduate college phi beta kappa either. I was just the most determined ...
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Would You Change to Make Millions?
Would you change to make millions? Saving for your retirement can be impossible unless you know what to do. Putting money into a 401K is a no brainer, but where do you find the money? Small changes in your spending can achieve $1-2,000,000 over your lifetime. You can start today! ...
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What’s your Retirement IQ?
What is your retirement IQ? IQ is short for intelligence quotient! IQ testing was popular for many years because it was a way of assessing your intelligence and potential. Unfortunately, it also measured parental social status. It was used as a predictor of educational achievement, job performance, income and special needs. Saving for retirement ...
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10 Things You Don’t Know about Money
You use money every day, yet you know very little about how to use it effectively! It should be no surprise that rich successful people spent the time and effort to learn about money. They do this without the benefit of a formal class or education. How do they do it? Simply said, they make an effort to learn about money. Here are 10 things you ...
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