Cashflow restrictions
Build a Zero-Base Budget Do you like to spend what you make? That is what a zero-based budget is. Only you do it on paper, before you get paid. The hope is you consider all possible spending choices and limit the spending to what goes into your checking account. And that you treat your savings […]
Ignore the Ads Your best defense against ad influence is to ignore the ads, unless you are looking for what they are advertising. Most ads are written to influence your decisions to buy something, or to create a desire to buy. It is up to you to control the influence of ads. Though it is
Beware: Ads Get Your Attention Read More »
Starting Out In recent years, the housing market has become very difficult for first-time buyers. In fact, first-time home buyers only make up 21% of current home sales, per NerdWallet. And since home prices have risen so much, the average age of first-time home buyers has risen from 28 in 1991 to around 35 to
Planning for Home Ownership Read More »
You and Market Research Big retailers and the companies who make the products they sell do marketing research to determine prices to sell their products. They are looking for the price point that allows them to make the most profit based on the current cost, without causing potential buyers, like you, to stop and consider
FOMO “Fear of missing out” is a common call to action these days. Whether it is a sale, a concert, a major sporting event, or sports betting, the clamor for participating can be intoxicating and lead to you considering the option to buy. Those ads are effective. But let the effect be on others who
Sit Still and Save Read More »
Hide the Debts Enron Corporation managed to look good on paper until the truth came out about inflated earnings and hidden debt, which led to their collapse in 2001. Most of us tend to ignore our debt. We just accept it as part of life. We assume we will always have enough income to pay
We Are Suckers Scammers are counting on our being gullible. We are suckers for a lot of reasons. We want to be rich. We want to protect our family and ourselves. We are prone to fall for the schemes founded on evil intentions. Evil intentions stem from gain founded on the loss to others. Most
The Anatomy of a Scam Read More »
Been There Being in debt beyond your ability to make payments is a horrible feeling! I know. I have experienced that. Unless you call to negotiate a way to reduce payments and get back on track, you will start to hear from bill collectors. Some are pleasant but most are trying to intimidate. I was
Know Your Rights with Debt Trouble and Collectors Read More »
No Room to Save I know too many people that struggle with making a living, let alone building a savings account. They claim there is no room to save in their budget, if they have one. Is that your situation as well? I want you to stop and consider why that is and how you
Debt Is Easy to Get If you have an income, you can get some kind of loan. However, eventually you will not be able to get a loan when you have trouble paying on the loans you have accumulated. Debt is easy until it is not! Then, what? That is the question you must ask
Debt Bad, Saving Good Read More »