10 Commandments of Personal Finance

December 23rd, 2008 -- Posted in Wealth Strategies | 22 Comments »

For some people, getting personal finances in order is more grueling than wandering the desert for 40 years. But it doesn’t take a miracle. If you are looking for some basic guidelines, just follow these 10 commandments:

1. Thou Shalt Take Action
Reading about how to improve your personal finances is a start, but it has absolutely no meaning if you don’t take the action of putting what you learn into motion. Before you can get anywhere with your personal finances, you need to begin — right now. If you are reading this article, you know that you should be taking steps to get your personal finances in order.

Print out this list and place it where you will see it every day, so that you are reminded that personal finance is a priority in your life and that you will take some action each and every day to try to improve your lot. If you aren’t sure where to begin, start with getting your banking accounts in order.

2. Thou Shalt Pay Off All Credit Card Debt
Credit card debt is, in most cases, continue reading »

Should You Supplement Your Income or Tap Retirement Funds, Regardless of Penalties?

November 18th, 2008 -- Posted in Another Welcomed Weekend, Carbon Copy Pro, Home Business Ideas, Misc Ranting, Retirement, Time Management, Vacations and Fun, Wealth Strategies | No Comments »

As more people are feeling the crunch in the economy, due to an increase cost in groceries and living expenses, (in addition to job losses), more people are either cashing in their retirement funds or borrowing against them despite penalties. There is concern that future retirees will be less prepared than now, because of drawing down savings for the short term. However, it might still be the best personal choice at the time for some. Read the linked article from www.msn.com to see some of the problems and choices being made.

I am a big advocate of continue reading »

Do You Trust the Experts on Wall Street or Yourself?

November 14th, 2008 -- Posted in Home Business Ideas, Retirement, Wealth Strategies | No Comments »

So who do you think has the most vested interests in your financial future …. the so called experts, or yourself? Yes, the folks on Wall Street make big commissions (or used to) when you traded with them, but no-one cares about your money the way you do , or should. Many of us have been provided with guesses and opinions, but when I wanted to begin my journey to financial education I researched until I found a group with facts, honesty and integrity. And although this may sound like a "plug" for them, I can tell you sincerely, if I had not found continue reading »

$700 Billion Bailout Still Not Enough?

November 13th, 2008 -- Posted in Misc Ranting, Retirement, Wealth Strategies | 1 Comment »

Every day the headlines talk about a new company that has reported less than desirable earnings, and are now requesting support from the government. The domino effect has been created and it’s global. Some time back I mentioned a movie that has been playing around the country in select cities called I.O.U.S.A. I now have the book and will be reading it over the next couple of weeks. I’ll let you know my thoughts when I finish it.

Meanwhile, I thought Kip Herriage (The CEO & Founder of Wealth Masters Int’l) had an interesting post on his blog yesterday. He wrote: continue reading »

4 Tips to Teaching Kids How to Manage Money

October 22nd, 2008 -- Posted in Misc Ranting, Vacations and Fun, Wealth Strategies | 1 Comment »

I grew up in a pretty conservative household when it came to saving and spending money. Guess that’s why I started teaching my daughter, Mikaila, when she was young (& the other kids in my life) to be responsible with their money early on. By the way, she’s the baby and just turned 21 today! Happy Birthday kiddo!

I believe in giving children an allowance for two reasons. One, it instills in them a sense of pride completing a responsibility and receiving something tangible for their efforts. But secondarily (& most important I think), is to teach them how to manage money early on.

I gave the kids 4 "piggy banks" when they were about 4 years old and explained continue reading »

CCPro Marketing Event Coming to Dallas, Tx

October 13th, 2008 -- Posted in Carbon Copy Pro, Home Business Ideas, Marketing Tips, Wealth Strategies | No Comments »

Saturday, October 18, 2008 - It’s all about Leadership! This upcoming event is the 2nd for the Carbon Copy Pro team to host, and they promise to deliver again! The focus will be on Leadership and how to develop the skills and mindset to be successful. Of course I will be attending again and will provide an overview upon my return. However, if you would like to experience this first hand please contact me at continue reading »

Creating Wealth & Protecting Your Retirement - Take Action

October 10th, 2008 -- Posted in Home Business Ideas, Retirement, Wealth Strategies | No Comments »

Today all of the headlines make you dizzy with the news of the stock market and housing plunges again. Headlines such as - Amid panic, Stock Market Makes Wild Swings, Which Banks are Solid Now, 1 in 6 Owe More than Their House is Worth, and on and on…. You could spend all day paralyzed not taking any action due to fear. Understandably, we’re in and going into even more uncertain times.

Confidence in the U.S. system is sinking, and there are many who are predicting the "bottom" will be a much harder hit than originally expected. What can you do to protect yourself and your families? Educate yourself! If you’re in the Middle Class, you will likely slide into poverty unless you take action. Here’s a specific suggestion continue reading »

After Last Nights Debate Should I Continue Marketing? Yes!

October 8th, 2008 -- Posted in Home Business Ideas, Retirement, Wealth Strategies | No Comments »

Recession, no recession? Depression, no depression? Stocks and banks losing ground everyday…. Should I continue to control what I can and still thrive financially in spite of what all the reports have been coming out with? Absolutely! There is no better time than now to take responsibility for yourself!

  • Did you know that 53% of all U.S. businesses are operated from home *
  • Did you know that since 1995 the home-based market has grown 15.16% annually *
  • Did you know that Wealth Masters Int’l. has just launched continue reading »