I was so obsessed with our budget a year ago (an excel spreadsheets with formulas on it) that i would check it several times a day. My obsession has declined and i check it now at least twice a week, but i still love the idea of budgets. If you are on track to get …
The journey, race or walk to debt freedom and financial peace has a lot of obstacles and can be a very wearisome one. To strengthen the financial muscles for this journey to financial freedom there are three absolute FINANCIAL NEEDS that are both critical and dynamic. 1. Budget This is the tool that helps you …
Before we got married almost two years now, we had a vague idea of our finances and the direction we would take once we were married. Thankfully for us, we were required to take Financial Peace University Series by Dave Ramsey as part of our pre-marital financial counseling. These series really put a lot of financial …
Motivation is defined as – giving an incentive for action; to cause, or to prompt; Example: “This moved me to sacrifice my career” When we began the journey and the process to be debt free, we knew that it was going to be a long steep journey. We were prepared for the walk to become …
When a will is mentioned, many people think millionaires, celebrities’, and huge estates; yet others think about death. The reality is, people who prepare the will actually acknowledge their mortality. They put their ‘earthly house’ in order, so that when they die, or become incapacitated, life will not stop for those who rely on them. …
(Part – One) Investing in your education is vital for your survival, although there people who have made it in life without a formal education (we will talk about rich vs wealthy another day). Even without statistics, it is unmistakable that one of the things that drive people into the road of debt in the …
With more people getting into debt each day, knowing where you are headed financially is important to determine your next move. Do you keep going? Do your make a legal-U turn? Or do you accelerate in the same direction? The local TV broadcast featured this financial fitness test and i thought it is a great review …
To successfully manage personal finances, we realized that reviewing our financial progress is as important as putting the plan on the paper. Like most businesses keep track of their inventory, personal finances calls for the same. This helps you answer these questions: Where are you financially? You have to be true and honest to yourself. …
I believe this is one single most important step to a life free of debt, because life never stops, and the unexpected still happen emergency fund comes handy in these times. This is underscored by the fact that sometimes when you make the decision to get out of debt, anything that can go wrong begin to go wrong all at the same time. (a really frightening feeling)
I was thinking on what to write today and my mind just went blank, so i decided to put my thoughts into a poem. The intent is to redicule the items that makes most people get into debt or stay in debt. Joe ——- If only I knew! How much I would have to pay …
