It was exciting for borrowers when interest rates were low. They were able to buy more house or car than they would have been able to at higher interest rates. For some it meant that they could finally realize the dream of home ownership. It was also a good time for lenders. They made a […]
Read MoreMany of us know the importance of having an emergency savings account. We have either been in a situation where we needed money we did not have, or we were told that we should have an emergency savings account. Even though we know it, we don’t think we can ever save enough money to put […]
Read MoreDo pre-qualifications and loan offers excite you? Do they make you feel validated? Do they give you a sense of worthiness? Be careful! If you don’t need a credit card or loan, then don’t apply for it. You are already worthy! Usually, you are getting the pre-approvals or pre-qualifications because you have put in the […]
Read MoreThe Book of Genesis in The Bible is full of important stories. Recently, I began to think about one story in particular and how it relates to finances and money management. Many of us are familiar with the story of Joseph, “The Dreamer”, from Sunday School. Others became acquainted with the story via the DreamWorks […]
Read MoreSome banks cancelled or reduced Non Sufficient Funds (NSF) Fees and many account holders are very happy about this change. Why would banks cancel such profitable fees? Did they get a change of heart and decide to help struggling checking account customers? Not exactly. Other banks with less overhead expenses are not charging NSF Fees, […]
Read MoreThere are some people who love a good sale. They have plans about what to do, how to handle the sale, how many items to buy, who to tell, etc. Sometimes when they make purchases from a sale, they actually use the item or product they purchase. Often, it does not matter whether or not […]
Read MoreThe coronavirus pandemic has caused many of us to change the way we lived. Masks, sanitizers, social distancing, etc. Life has changed and we are adjusting to a new normal. Part of the change includes many people struggling financially because they have lost their jobs, business has decreased, or they needed to leave their employment […]
Read MoreInvesting is available to everyone but everyone is not ready to start investing. How do you know if you are ready? There are some important things to consider before you invest in anything. First you should look at your debt situation. All debt is not the same. If you have a lot of credit card […]
Read MoreMany people believe that investing is only for rich people. That is not true. It might have been true to some extent 15 years ago but things have changed. Companies and services have made it their mission to make investment options available for everyone, including beginners and those who have just small amounts of money […]
Read More“I don’t know where my money is going!” Have you ever said this before? One of my coaching clients came to me with this common complaint. He had a six figure income, but he was having trouble paying his bills. He saw his money coming in, but he did not see where it was going. […]
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