With credit card debt reaching historical highs, some debt experts are encouraging consumers to ditch the credit cards and just use cash. Credit card debt can be a vicious thing. Interest rates often run very high and compound, the credit card itself may have an annual fee, there may be late fees, deferred interest, etc. Yet credit …
Tips & Warnings
Having out-of-control debt is a source of major stress and worry for many. Debt can start small and manageable, but often continues to escalate if not handled properly. Dealing properly with debt stress is important. Try the following: 1. Assess the scale of your debts. Part of the problem for many is not knowing precisely the extent …
My mother has always been a great example of fiscal responsibility. She would often say, “Anita, control your money, don’t allow it to control you.” It reminds me a lot of the famous quote penned by P.T. Barnum, “Money is a terrible master, but an excellent servant.” My mom taught me by example this principle …
I am a firm believer in leveraging the property you own (if at all possible or needed) to help pay for bills, the mortgage, get out of debt, create a nice savings, and secure a solid retirement. As you can imagine, one of my favorite shows is DIY Network’s Income Property. I’ve watched a ton of episodes …
Accidents happen. I’ve known some people whose homes have been completely burned or ruined by natural disasters. Other people I know have suddenly lost the bread-winner or financial leader of the family. These unfortunate incidents although rare, do happen at random. It really is a wise thing to prepare in case such incidents do occur …
I have had two very successful garage sales in the past four years. We had one after our home renovation 2 years ago and sold a ton of extra home renovation supplies, decor, and things we no longer needed. The garage sale that we just held had items that we’ve accumulated the last 2 years, …
I was honored to be contacted a few months ago and asked to provide Woman’s Day magazine with a unique tip on how I save hundreds—even thousands on family expenses. The following is the tip I gave. An excerpt was featured in the September 2015 edition. Always ask for a discount on medical, dental, hospital, and …
eBay is full of amazing and great deals. Buying on eBay.com has saved me a lot of money. There are many tips and tricks to maximize your hard-earned money when buying on eBay. Below are 11 things about which everyone who shops on eBay should know. 1. Before bidding get the free Liberty Mutual Insurance Bid …
How to Protect Your Loved Ones from Market Corrections and Economic Downturns Market corrections have historically occurred about every 6-8 years in America, the last being in 2008-2009, and before that 2002. Some have been much worse than others. But the last two (in the past 15 years) experienced over a 40% drop. Many investors and economists …
I was so excited to be featured on Bankrate and Yahoo! Finance this last week. I wanted to share the article with you because it is full of awesome money advice from others as well. You can find it here on Bankrate and here on Yahoo! Finance I go into much more detail about what …
Growing up I read a kid’s book called, “When You Give a Mouse a Cookie”. In it a mouse asks its owner for a cookie. The owner complied. Then the mouse wanted a glass of milk to accompany the cookie. Next, he wants a napkin. That doesn’t sound too ridiculous yet now does it? But …