Financial Peace of Mind

Where did all the money go?

Well most of us survived the holiday season with our bank accounts in the black and a little to head into the New Year. The questions I hear from many is “where did all the money go?” Well there are several things that take our money without us even noticing and I am going to share a few of them with you now.

It is easy to spend money and some things we know are just going to cost us money no matter what we do. This past holiday season ...

Buyer Beware

Black Friday is just a few days away and some people are already planning their attack on the mall and other retailers to get those once in a lifetime deals. My advice to you… Sleep in, don’t rush out and buy something that you do not need with money that you do not have.

This time of the year retailers will try anything to separate you from your hard earned cash, marketing is at its highest point during the holiday season and people will spend ...

Credit Bureaus & FICO scores

Many people get too over concerned with credit bureaus and credit reports. Do you know what your FICO score is? Do you care? I used to be real concerned about it but learned that the FICO score is really a “I love debt score” because if you were independently wealthy and paid for everything with cash you would have a very low FICO score as you would have no record of debt and payment history.

It is funny that you could have a better ...

Kids & Money

I grew up in a single parent family with 6 brothers and sisters so there was little talk about saving money, there was no money to save.

I didn’t teach my kids lessons on saving as nobody taught me, now I know and it is too late to do SOME of the things I have learned but not too late to do all of the things I have learned as far as it relates to my children. Remember my kids are 19 and 21 years old now!

Teaching our kids how to handle ...

Savings

There are a lot of reasons to save money, we have talked about the emergency fund and that is the first place we want to start but we cannot stop there. After we get through with paying off our debt we will begin savings for several different things.

Don’t not get the cart before the horse here, I do not want you to start savings on these other things until you have your $1,000 emergency fund AND you have paid off all of your debts (except the house).
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