Most of us were never taught how to manage money. That is why so many of us have made so many mistakes when it comes to money. We spent more than we made. We never started saving. We abused and overused credit. We did not participate in an individual or employer sponsored retirement plans. And […]
Read MoreThere are several strategies to pay down and to pay off debt, to manage your money, and to save your money. There is “Debt Stacking”, “Snowballing”, “Envelope Method”, “Paying Yourself First”, and many more. All of these methods have successful accounts of people becoming debt free and/or financially free. However, I would dare to say […]
Read MoreOften when I do Financial Education workshops, I will start off with an ice breaker to get the attendees engaged and thinking about the subject matter I am about to present. I enjoy using a particular ice breaker that has to do with choices. I put a slide from a PowerPoint presentation on the screen […]
Read MoreRetirement is right around the corner for many people, but unfortunately they are not financially prepared to stop working. The thought of retirement has become a dream or a risky proposition instead of a reward for all the years they spent working. Retirement is 25, 30, or 40 years away for many other people, and […]
Read MoreMany people say they do not know how to save or that they do not make enough money to save. This is evident by the fact that half of Americans have less than $1,000 in savings. A lot of these same individuals find themselves in a bind when an unexpected event takes place such as […]
Read MoreIt has been said that the best thing about grandchildren is that you get to spoil them and then send them back home to their parents. Grandparents love to spoil their grandchildren. They especially love to shower them with gifts, including toys and clothes. As I look on social media and see many excited new […]
Read MoreThe Rule of 72 is a concept that has been hidden in plain sight for years. Few people still know about it but bankers have known about it for years! How come banks do not tell you about the rule of 72? All bankers do not know about this rule. In all fairness, I did […]
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