BEAT DEBT FAST

Do you know anyone who is considering retirement and do they have a healthy nest egg? How did they achieve their nest egg? They are not financially smart like Warren Buffett or hold the secret solution to retiring comfortably. They did not play the Russian roulette with the stock market or watch it every single day. People who are ready for retirement constantly make contribution towards their investment and saving plans for every month. They are very responsible with their spending and intentional savers in their daily lives. They use the help of professional financial advisor to achieve their goals. The Secret of Saving for Retirement Successfully are listed below: 1). Use your biggest wealth building tool to your financial advantage. 2). They keep their expenses low. 3). They invest 15% of their income. 4).  They do not fund any expenses without referring to their budget. 5).  They meet routinely with their investing professional. 6).  Have a plan and update their plan mon

Do you think that most couples argument is about money? The recent survey shows that 63% of couples think that their significant other overspends in many ways, according to TD bank. Money is the leading cause of fight and divorce in North America. Those little fights can cause serious marital problems as time goes on based on the National Council on Family Relations. It is extremely important to figure out how to argue with your significant other in a productive way. In addition, to cultivate a solid marriage and relationship, it is essential for couples to take time to work on their relationship and money. Marriage brings people from different backgrounds and different life experiences together, if they can succeed they need to work on their money and relationship daily. Whether couples realize it or not, money issues can cause havoc in relationship and lead to a fail marriage. The Seven Area of Conflict in Marriages: 1). Separate but equal. 2). Lifestyles. 3). Personality Diff

Characteristics to apply to your life: 1). Love your team. 2). Give Praise to others. 3). Use your power carefully. 4). Surround yourself with great minds. 5). Treat people as you want to be treated. 6). Cast your dream and vision. 7). Communicate well. 8). Lead by example. 9). Be humble to others. 10). Be genuine to others. 11). Show character and integrity. 12). Act professional. 13). Trust others. 14). Empower others. 15). Be loyal to others. 16). Be courageous. 17). Generate great results. 18). Accept changes. 19). Be a servant leader.

Here are some of the mistakes we make everyday: It can be cars that we cannot afford, personal loans or house mortgage causing people to file bankruptcy. Here are some money myths that will keep you broke and not compete in today's society. So, why are people still making money mistakes and not changing their ways. Most people are still mismanaging their money and still blaming the society for not setting a law. Please, do not buy into the society popular money myths. Here are some myths that are bad for your money. 1). Debt is a tool. 2). Car payments are a way of life. 3). Loaning money to your family show you care. 4). You cannot go to college without student loans. 5). You can make enough money to catch-up on your retirement. 6). You already understand spending your money, so you do not need a budget. 

The current economy situation have not made it easy to afford things like groceries, buying bread, and buying food stuff for dinner. It is extremely hard to budget for foods, when money is really scared  to come up with and I know it is difficult to scale back the amount of money spend on food expenses. Based on reports from Consumer Report, a single American family wastes about $1500 worth of food each year. That is a lot of food going to waste and it is important for people to start cooking at home. Below are some of the ways to save on groceries. 1). Shop at the Farmers Market. 2). Buy grains in bulk. 3). Add grains to make a dish stretch longer. 4). Have a good cookbook on hand. 5). Waste nothing. 6). Buy seasonally things. 7).  Preserve everything. 8). Plan, Plan, and Plan your food preparation. 9). Grow herbs in your backyard. 10). Do not overbuy. 11). Use the things you buy. 12). Store your food properly. 13). Cook more at home and do not go out everyday. 14). Bu

Have you spend like ten minutes today watching television or playing music on your phone? If, you have done both of this today, you can make $200 within ten minutes. There are five advertisements within ten minutes of watching television, the advertisers are interested in stealing your money and taking your financial security away from you. How many times have you called your insurance company (car, phone, laptop-apple, health insurance, renter) to see if you qualify for a lower premium? You need to call each of these companies today and remind them of your good standing with their company. I want you to request for a lower premium because their competitors are willing to give you a lower payment. You can save a lot of money on good drivers reward and you should utilize this option. You can get the best and cheap auto insurance quotes, renter insurance quotes, health insurance quotes during the open enrollment period. Do not focus on bundling discount quotes instead focus more on lowe

The money stress is all over the place and it is getting worse every single day. Is your financial house in ruins or getting better? If, you are a married couple or have a significant other, you know that money fights and money issues are the major focus on weekly or monthly problems in your relationship. Money fights or money issues have led to many divorces, separations, and financial ruins in people lives. Money provides great opportunity for you to live the life you want or draw you closer to your retirement goal. Make sure to share your fears, dreams, and strategies of improving your financial security, in turn it will improve and promote quality relationship with your loved ones. If, you are interested in learning about your finances, then your stress level will definitely go away gradually. It will provide deep love, respect, and patient while working with your significant other. Here are several ways to connect with your loved ones on money: 1). Do not blame others for past

Everyone want to get married and live a happy life with their significant other until death decides them apart. But, it is very difficult to see married couples who are not fighting almost every week about money fights and money issues. How can this be solved? It is a very difficult and important question to answer. Money issues can lead to divorce or it can also attribute to financial ruins after the separation. In a recent survey by the Ramsey solutions and Experian, more than 60% of married couples acknowledged that money issues played major part in their separation or divorce. It is very sad to see this kind of number, but I am not surprised. If, you and your significant other (girlfriend, wife, boyfriend, husband) are not on the same page financially, there is no amount of love, sex, kissing that can help your connection and solve this money stress. If, couples want to succeed in their financial life, they have to create a safe, secure, and supportive environment for their financ

The open enrollment for your benefit package for the coming year is set to begin very soon. Are you planning for your future or are you waiting for your employer to plan it for you? Believe me, they will not even waste a second to plan your retirement, they are only interested in their own financial well-being. Please, do not ignore the email reminder for enrolling or updating your benefits. You can either do it now, but you cannot ignore your retirement life. Try to take time to plan for your work place retirement benefit and plan. Try to Save More in Workplace Retirement Plan: It is essential that employees try to save at least 10-15% of their biweekly wages or yearly salary into their 401K, Roth 401K, and 403b. Do not only put in 1% or 2% and think you can retire with smiles on your face. Please, do not say I cannot afford it. You can afford it, you are eating out three or four times a week, you are buying Starbucks everyday with a costing of $3 or $4 for a cup of coffee, going o

There is a record amount of student loans flowing around in the United States. Student loans are the most popular type of debts in the United States at the present moment. It is even more popular than other type of debts such as credit cards, mortgages and car loans. If, you have graduated from college long time ago or will be graduating very soon, you can still design a plan to pay off your student loans quickly. But, how can you be able to do this? Do not worry, I will show you. In addition, there is no magic pill in getting off your student loans. There is no overnight plan or Dr. Phil's magic plan with student loans in the United States. You have to want it more than you ever did before. Remember, you have to live different today, so tomorrow you can live like you want and be in control of your life. Following these steps will help you finish off your debts and build a better standing in your financial life. 1). Try to make a budget with a good budgeting app. 2). Try to pay

Hello, everyone. Do you know that Santa is on its way to your house? Do you have family and children, have you start buying their gifts? Have you started budgeting for it? Do not wait till the last minute to start buying gifts and things for Christmas? I do not want you to pay double price, if you can get it cheaper today or plan for it. Santa is coming to your town and the bells are ready...very soon Christmas day will be here and if you are not prepare, then you might be looking like a fool. Do not wait until December to get your gift shopping going. It is not yet panic time, but if you keep waiting, then it will be panic time in your life soon. Jump into Christmas shopping in September, it will change your shopping style and save you a lot of money. People waiting till December to buy their gifts with no money saved, turn to credit cards which is not the right way to go. How to start the Christmas shopping plan: 1). Set a budget and a shopping plan. 2). Start looking for deals

Many people want to own a house and enjoy posting pictures on Facebook and Twitter. Are you tired of renting your small space and hoping that santa will send your a gift of a house? Everyone want a house now and not tomorrow. As the prices of houses continues to rise, people without houses feel neglected or ignored by free gifts. You will have the opportunity to own a house, if you plan accordingly. Remember, there is a million houses on every corner in the United States. I know, apartment prices and rents are going up and up, but you should not take this excuse and rush into the housing market. Please, do not allow anyone to confuse you and pressure your thinking into the housing market. When you are broke, without money and get to buy a house. You are inviting bankruptcy into your new home and every week will lead to a new problem in your new home. In order to win, you have to set a clear goal in mind and start saving like it is the only thing in life. Ways to start your saving en

People filing for bankruptcy are not happy about it and it is not an excitement period for them. Finding a bankruptcy attorneys are not like shopping for christmas gifts or looking for new houses. It is a period of shame, distress, and fear of not knowing the future. Have you woke you in the morning and you do not know what to eat, wear, sleep, and plan for your future. Bankruptcy does not avoid good or bad people, it only targeting those who are not financially responsible. So many great people have gone through bankruptcy and recover fully in their financial standard. What makes some people to fully recover financially after bankruptcy while others still in financial ruins without hope? If you filed for bankruptcy before you can still achieve success and find a financial pathway to freedom. Remember, there are federal laws to protect you during bankruptcy and the bankruptcy will be reported on the credit report for the next 7-10 years. In addition, when you file for bankruptcy, cred

Remember, when we are working at our work place, most of our concentration is focused on doing a great job. We pay less attention to understanding and doing the retirement plan at work or worrying about our future life. Whether, we plan for it or not, retirement is just a few years away for most people. Make sure you plan and take care of your financial life by running away from this two common retirement mistakes. During your workplace waiting period before enrolling into the retirement plan, do not start spending all your money instead start an IRA (Individual Retirement Account). Missing a year worth of contribution is a big risk to your future retirement and investment for a better life. Putting $5,500 into the yearly IRA with an average 10-12% annually will change your future and retirement life. In addition, make sure you keep investing for your future and it is important to move your funds from your former employer in order to maximize a better investing options. Do not cash ou

I have met many people whose every minute conversation is like my car is great, I love my car, it drives awesome, and it is the best car ever. But, do you know that your fancy car might be stealing your future and making you lose money every single day. If, you are not financially free and still living paycheck to paycheck, your fancy car might be stealing your financial security every second and minute of the day. Do you change your car every few years? If, you are one of those individuals, you might be losing a lot of your personal wealth on depreciating assets on your cars. A recent study from the Suze Orman organization suggests that drivers are only holding their cars for just four years compared to seven years during past years. Do not let your car steal your life and future. It is your life, grab it quickly or your fancy cars cannot save your retirement ruins and tears from lack of resources. I am not saying that you should not drive a car, but try to drive a car within your bu

You do not have to break the bank to go to college or go in debt to go to college. Even though, I am a truly believer of education, you should not roll yourself with debt to make this work. Remember, we have to calculate the return on investment (ROI) to balance any investment. Please, you do not have to put your child college fund first and abandon your retirement fund. You should help your child with financial education and help get a job for him or her, so the child can start making money for their future. Your child should not go to expensive school, if he or she cannot afford it and not you-the parent. Parents should make sure that their college bound children are studying the right major which will help them get jobs afterwards. In addition, college graduates does not get jobs or get big money offers due to the top college attended. I do not advocate a career based on dollar amount. As your college children searches for college, help them to do their homework by scanning through

Remember, no project is easy to start. If, it is easy to start, then it will not be called a project. Nothing makes our life to be stressful like dealing with our finance such as investing, saving, and retirement. In addition, the most powerful wealth-building tool is your income. You need to start saving, and investing your income for future retirement. 1). Start investing in a 401K. 2). Contribute to a Roth IRA. 3). Find a financial consultant who can help you start investing. The right financial consultant will help: 1). Educate you on investment choices so you stay in the driver's seat. 2). Empower you to make the right choices with the investing options they provide. 3). Offer a client-first approach. 4). Commit to a long-term approach to investing. Sources: www.daveramsey.com

If you want to win and succeed with money, then you need to let go of budgeting myths, excuses, and misunderstandings. 1). I do not have the time to budget. 2). Budgeting is boring. 3). Making a budget is difficult math and I hate math. 4). I can do a budget in my head. 5). I budget by keeping track of everything I spend. Source: www.daveramsey.com

How many people are on their way to retirement starting today? The question that everyone have in mind is how can I retire early? You can start thinking of retirement by planning today and setting a financial framework after you hang your working boots. Here are some areas to plan for early retirement. 1). Determine what kind of lifestyle you want in retirement. 2). Create a mock retirement budget. 3). Evaluate your current financial situation. 4). Get serious about lifestyle changes. 5). Pour everything into investing. 6). Meet regularly with a financial advisor. 7). Play it smart when you retire early. Source: www.daveramsey.com

Recently, the American College of Financial Services surveyed retirement-aged people on how to manage their money and save for retirement. The result showed only 35 percent of men and 18 percent of women passed this test. This is a mind blowing problem that our society need to tackle immediately for a better financial future. Who are we depending on for our financial future? Is it the government, that have showed that they can manage resources effectively and efficiently. If you are a man or woman, please start taking action today because tomorrow is never promised. In addition, women usually live longer than men and alone for sometime. So, it is essential to start planning for tomorrow, even though you cannot see it yet. Remember, there is always winter and raining season; then why cannot we prepare for it. The only way to increase your confidence and future is to be educated and keep learning everyday. How many of us can balance their checking and saving accounts? How many of us kno

Remember, when you car breaks or when your equipment breaks and you need to fix it immediately for work or daily function. And, you do not have enough money to cash flow it. What happens next, you start digging into your emergency fund, if you have one. If, you do not have an emergency fund, please start one today. It will help you feel protected and get ready for recession. What is an emergency fund? It is the money you have saved for any unexpected cost that destroy your monthly budget. These can be emergency room trip to the hospital, buying a new tire for your car and buying a medication for your child. Most people are only a few crisis away from filing a bankruptcy due to their inability to handle and manage money. We should not let life happen to us instead we should manage life and handle any issue that arises. A job layoff can cause crisis that requires the emergency fund. The emergency fund will help to keep light on, keep food on the table, and start looking for the nex

It’s the cold, hard truth:  Credit cards enable people to go into debt faster than ever before. That’s partly because it’s never been easier to get a credit card. Did you know 72% of American adults have at least one credit card? And many have more than one! A few decades ago, we didn’t have this problem. Before the 1950s, when modern credit cards were introduced, people pretty much bought just what they could pay for in cash. Fast-forward to today: The Federal Reserve says  Americans are facing over $1 trillion in credit card debt.  And the average credit card debt for a U.S. household carrying a balance is $16,048. Yikes! While a lot of people are determined to take control of their money in every other way,  they can’t seem to quit their credit cards . For those folks, credit cards are the last thing to go. Here are some excuses behind the credit card obsession, and proof that no reason is good enough to keep that plastic around.  1. “They’re so easy to use com

I know that researching mutual funds can be difficult and it takes a lot to understand all the front-loaded funds, end-loaded funds, over-loaded funds and others. How can we work 40 hours a week and still work on our mutual funds without making mistakes. The best way to find the solution is to find a financial advisor that has a heart of a teacher. The most important point is you are the decision maker for your portfolio and your mutual funds. You have to open your mind to learning something new everyday. Try to understand different types of mutual funds such as mix of stocks, bonds, and money market accounts. Here are the four types of mutual funds that I will advice you to implement immediately: 1). Growth and Income Mutual Funds: This fund creates more of a stable foundation for the portfolio. They are big and boring companies that offer goods and services for people over decades and they can withstand recession. They can be listed under large-cap or large-value fund known as Blu

If you have extra money laying around, it is essential to use this to convert your IRA to Roth IRA in order to avoid any unforeseen tax hike. Remember these benefits with Roth IRA: 1) The Contributions are tax free. 2). There is no limit to the amount to be rolled over. 3). There is no grace period on the time frame to complete a roll over. Go and be prosper

Always prepare questions to ask the interviewer and make sure that the questions are appropriate. Examples of the best way to prepare for these questions are listed below and discuss throughout the article. Everyone enjoys talking about their own stuff and themselves. Remember that the goal after the interview is to sale yourself to the interviewer and show them that you are an asset for their company. Ask them, if there is an impending project that you can help the company, once you get started with them. Do not focus on your own selfish idea for the moment, always referring to what you can do to add value to them and help grow the company's bottom line. Kindly ask the interviewer if there is anything, he or she will like you to work on as you are waiting for their reply and when they will like you to write an email/call them to find out their answer to your application. Always extend thank you to them for the opportunity and write an email after the interview for taking the time

Life is full of unexpected headaches. Like your car breaking down on the highway or your water heater flooding your entire basement. Everyone has a few of these things happen each year—or each month, it can seem!  And this stuff is not cheap. So how do you pay for it all?  While it’s impossible to know which emergencies life will spring on you, you can go ahead and prepare. Because  something  will happen. Eventually. Take a lesson from the folks in this video, and get ready for life’s big fixes before they start. The secret to being ready for your next “unexpected” expense is to go ahead and expect it.  We call this Baby Step 1—saving $1,000 in your starter emergency fund. Save it  before  you pay off debts,  before  you save for retirement, and  before  you fund your kids’ college educations. First means first. And if you need to use your emergency fund, that’s okay.  Just replenish it before you get back to the other stuff. It’s a simple way to make sure you

How to Turn Your Car Payment Into a Million-Dollar Retirement Do you ever feel like you’re out of cash before your paycheck even clears the bank? If so, you’re not alone. A recent CareerBuilder survey found that three-quarters of Americans live paycheck to paycheck—and that money crunch affects their ability to build a bright future. Cost of living is the top reason people don’t save more for retirement, according to Ramsey Solutions research. These statistics come as no surprise when you consider that  we owe more than $1 trillion in car loans alone , according to Experian Automotive. What would happen to your retirement outlook if you got rid of your car payment? Is that goal even possible? Let’s take a look. Americans Spend More and Pay Longer for New Cars Each quarter, Experian Automotive releases data on the latest car financing trends. Their most recent report provides an unsettling look at how Americans fund their new rides: Nearly nine in 10 new cars a

When you start thinking about buying your first house, it’s easy to let your emotions run the show. Before you know it, you’re stalking homes for sale on your home-browsing app, rearranging your schedule so you can do drive-bys, and researching creative financing options that would allow you to buy a house with next to nothing down. It’s all too easy to land in a house you can’t afford, and that mistake can affect your ability to build wealth in the long run. But understanding the steps of the home-buying process empowers you to make smart decisions about your home purchase. The Home-Buying Process Is a Marathon Let’s take a deep breath. Buying a house takes time. And no house—even that perfectly cute bungalow on the corner with the fenced-in backyard—is worth jumping into before you’re ready. You know what’s more important than the house you buy?   How you buy that house . The decisions you make in the home-buying process can make a difference between a home that is a