Cutting Back On Expenses
Before you consult a bankruptcy attorney or a credit card counseling service, make an honest assessment of your monthly expenses and see what you can cut back on. If you are making a car payment, consider whether you could do without a car for a year or so. By applying you monthly car payment and auto insurance premiums to your credit card bills, you can substantially reduce your credit card debt in a relatively short period of time. Read more
Personal Debt Imprisonment
America is the land of the free! Unfortunately, with all our liberties many Americans are in prison. What prison? A financial prison called debt. Debt imprisons your mind, emotions, and spirit, and robs you of your joy, hope, dreams, purpose and destiny. All the wishing in the world will not change your circumstance until you make a change. Most people, sorry to say, choose to continue drowning deeper and deeper. Read more
Finding Quality Financial Advice Online
We could all use more advice when it comes to our income and expenses. There are times when it’s just difficult to manage our money well. All of us have things that we want in life. It’s not like we can simply pay the monthly bills and be completely satisfied. We just don’t function that way. We all want to have a new car, a flat screen television, and other tangible rewards once in a while. What I’m trying to say is that we all have wants. The problem is finding an ideal way to afford it all. Read more
Financial Education in the United States
Financial Education or The lack thereof in The United States
A former client of mine loved the expression “You cannot cure stupid.” This was not meant necessarily as a demeaning comment, the context in which it was used was to define mistakes made by individuals in his employ. For example, stupid decisions were usually made by individuals who lacked the intellectual capacity to make an intelligent decision. Ignorant decisions were usually made by those lacking information or lacking all of the facts. In other words some individuals do not have the mental acuity to make good decisions while others make uninformed decisions. My client believed management should be able to know the difference in employees and use them according to their ability. Not a bad philosophy in my opinion. Read more