 1. Create a Spending Plan: The best thing I can advise my clients to do is to create a spending plan and then track every category in that plan every time they spend. If you are living by this plan and tracking it carefully every day, it's going to be pretty impossible to become overdrawn in your checking account because you will be spending only that which you have to spend!
(read more)
|
I just finished reading several comments from various credit card
holders. They are livid about the tricks the credit card companies
have pulled.
I remember in 2001 when the credit card companies
lobbied to change the bankruptcy laws to tighten everything down. In
October of 2005, they were successful. Throughout these last several
years to the present they've sent out many credit cards to all people,
whether they qualified or not.
(read more)
|
Most people think "retirement" is the magical age of 65.
Nothing could be further from the truth. In the Money Mastery program,
we like to teach our clients that "retirement" is the point at which
you have enough passive income to wake up in the morning and decide to
work...or not.
(read more)
|
Much has been said about how Social Security is going broke and won't be there when the younger of us reaches retirement.
Perhaps...but I suggest you make the effort to get to know your own
Social Security benefits now. You know, read and study that little
statement that comes in the mail from the Social Security
Administration about the SS benefits you have accrued so far.
Determine the premiums you have paid and see how they match up with
that statement.
(read more)
|