Most people have this problem when it comes to debt. Like most people, you have a substantial amount of debt and do not know where to begin. You can always try the Cash Flow Index (CFI). To figure out your index number, divide the total balance of the loan by the amount of the minimum [...]
By having a good investment strategy and great salary! First comes the salary and later you can develop a good investment strategy Salary: Network with professionals (LinkedIn.com is a great start) Read books on Career and personal finance Seek a promotion (considering you love what you do) Seek raises Stay educated Investment strategies: Market goes [...]
The easiest way for your children to learn about money is for you not to have any – Katharine Whitehorn
By having low payments, you will automatically have a larger cash flow. That is the reason we’re able to enjoy life more and have great weekends with our daughter. In Thomas J. Stanley book Stop Acting Rich, he mentions that the key rule concerning homes and happiness: Live in what is below your means I [...]
Just because something is inexpensive and you can afford it, doesn’t mean you HAVE to buy it. Point in case, my Dad’s friend and his wife has absolutely no debt. Their home is paid for and cars are as well. Credit cards are paid as the bill arrives. I know this is going to sound [...]
