Envelopes could be your new best friend when it comes to personal finance.Envelopes could be your new best friend when it comes to personal finance.Posted
CategoriesSaving Money
Envelopes could be your new best friend when it comes to personal finance.
I was having lunch at a local diner with some friends and there was a group of people at the next table doing the same. The bill comes. Fortunately, everyone has cash, but one person.
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CategoriesCredit & Debt
The majority of economists are raising their growth projections for the US economy. How cool is that? But, it’s going to take a really strong economy to bring the unemployment rate down. There are approximately 100,000 + new workers joining the economy every month, so we need substantial growth to create those jobs plus jobs for the several million who lost theirs during the latest downturn.
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Have you ever had a dream where you are walking in public and you realize you are wearing absolutely no clothes?
How does this relate to your emergency fund?
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CategoriesSaving Money
Some cycles are just hard to figure out when and where they start and when and where they end. So let’s look at the housing cycle. I’ve always said, if you follow housing, you follow the economy.Posted
In the days the earth was cooling we used envelopes for mailing letters. Since mailing a letter has practically gone the way of the telegraph system and silent movies, we need to find a new use for them. Well, I know what it is.Posted
CategoriesSaving Money
There is an economic term, “economies of scale,” which is usually applied to manufacturing. What it means is that it’s cheaper by the dozen; well, perhaps not by the dozen, but by purchasing in bulk, the unit price diminishes.Posted
CategoriesSaving Money
The biggest mistake most people make in starting a business is that they mix personal funds with funds of the business. What a mess! So what does this have to do with personal financial planning? Everything. In a way, this rule should be applied to personal financial planning; yet most, if not all financial planners ignore it.Posted
CategoriesSaving Money
On December 9th I blogged about being cautious of debt negotiators. Consumer counseling services are agencies that are a great alternative to debt negotiators.Posted
Often times many people blame themselves for their poor financial habits. I find this rather distressing, unless, of course, they really do know better. The fact is, unfortunately, most don’t know better. I know why. Posted
CategoriesSaving Money
The other day I was conducting a workshop and someone asked me about debt settlement companies; she wanted to know the pros and cons of working with one.Posted