Your Financial Freedom Day!
freedom: the power to determine action without restraint. As we celebrate America’s birthday and independence, let this be a personal financial freedom day for you! We are so blessed in this country to be able to worship freely, have access to free education, and have the freedom to be as hard-working or as lazy as [...]
My Credit Score’s Higher Than Warren Buffet’s
Did you know that the world’s richest man’s credit score is only 718? How can a billionaire like Warren Buffet have an average credit score? Even my credit score is higher than his! He really doesn’t need to even borrow money since his net worth is “only” about $62 billion. He can just pay with [...]
Goodbye, Ol’ Friend!!
Recently I said goodbye to an old friend. I’ve only known her for a few years, but they were a painful few years and I couldn’t wait to get rid of her. It was just something about her. She was always asking for money every month. I even paid her a little extra hoping she [...]
Quick Tip: Shave 7 Years Off Your Mortgage!
Here’s a real easy Quick Tip for you! This is not my idea. This is from David Bach. Do you want to know how to shave 7 years off of your 30-year mortgage? This is not a get rich scheme or anything illegal at all! All you have to do is say the words “biweekly [...]
Only 40% Have Emergency Savings!
I ran across an interesting CNN article on emergency savings. Here are the vital statistics: Only 40% of Americans have a separate savings for emergencies Only 19% of those aged 18-24 have separate emergency funds Only 23% of people with less than $25,000 in annual household income have them 31% of African Americans and 32 [...]
Get Out of Debt with an Emergency Fund
It’s pretty much common knowledge now that everyone should have an emergency fund of 3-6 months (some experts say even more) of expenses in liquid savings (money that’s easily accessible). But unfortunately, common knowledge isn’t necessarily common practice and many people just don’t have anything in savings. The key to getting out of debt is [...]
Verse of the Day
Here’s today’s verse of the day: 7The rich rules over the poor, And the borrower is servant to the lender. Proverbs 22:7 (NKJV) Some wise words indeed from King Solomon and so true. When you look at society today, this country is definitely a debt nation. The savings rate continues to be negative which means [...]