This is actually the not to do list. This is the way to the dark side of becoming financially independent. If you find yourself doing any the things listed here, immediately stop yourself.
Apply for all those cool credit cards like free miles, points and cash rewards. These are good in limited numbers like a maximum of two of these [...] Continue Reading…
Snowflaking is a more basic and simple approach to the snowball effect to debt reduction. When you think of snowballing, you think dollars a day while when you think of snowflaking, you think of pennies a day.
With this approach, even a dollar a day extra can accumulate to a large reduction in time. I would use this to pay [...] Continue Reading…
One of the greatest money savers comes weekly in the form of the Sunday papers.
Every week you get these great coupons and updates on the weeks greatest deals in your area. I started this and I am able to save a few extra bucks every week.
I can save on grocery items and even electronics. I love electronics and that [...] Continue Reading…
I was very fortunate to always get what I wanted when I was growing up. All I had to do was say I wanted something and sure enough I would get it. That made me into an impulsive buyer when I became an adult. I never looked for sales and therefore money just trickled out of my savings account.
I [...] Continue Reading…
Credit cards are great but require self restraint. It just makes it too easy at times to spend money and you don’t notice the total until the end of the year. So this is the greatest debt builder but we have a great way to combat this.
List you credit cards in interest order.
Determine which credit cards you will terminate [...] Continue Reading…
Bank of America will be buying Countrywide Financial for $4 billion in stock. This will be both saving the country’s biggest mortgage lender and will also save the feds from having to devalue the American dollar any more then it already has.
This will help calm fears of a recession and inflation. Saving the over all economy and becoming the [...] Continue Reading…
To become financially independent you will first need a road map that will help you attain that level of independence. I have been playing around with some methods and I found that these were some good methods to help me out. A good road map should help you get out of debt, invest, budget and plan for retirement.
Making [...] Continue Reading…
The buzz is that there is a contender to Quicken and it is web based and free. You can check your finances anywhere and at anytime you wish. It has a nice look and feel with speed from the Ajax backend that it was built on. I am no super finance guru but I will give the review that [...] Continue Reading…
The best way to acquire wealth is to purchase a home. But when you do actually get the house you must use a mortgage lender in order to finance the purchase. They love to lend you money because they gain up to 3x times the amount back on the interest that they originally helped finance. The goal is to [...] Continue Reading…