Recently, I was given a copy of the book, The Wealth Cure: Putting Money In Its Place, by Hill Harper to read. You probably recognize Hill Harper and his picture on the cover of the book. He is one of the lead actors on the television show, CSI: NY. Initially, when I saw the book, I was very curious to find out what Mr. Harper had to say about finances, but I quickly found out that he is quite an accomplished man off the silver screen too. Not only has Hill Harper written three other New York Times bestsellers, he is also a graduate … [Read more...] about Book Review – The Wealth Cure by Hill Harper
Have you ever thought about living in a hotel? Because of the day job that I have, I tend to bounce around from one location to another fairly quickly. There are often times when I am working or going to a class for just a couple of months at a time. So, of course, I’m not going to put down any type of roots in that instance. I could rent an apartment for a month to month lease, but the number and quality of those types of apartments are not always the best. Why I'm Thinking About Living In A Hotel So, I started thinking about living in a … [Read more...] about My Next Home Is Going to Be a Hotel and Save $925 per Month
Recently my bank, USAA, who I absolutely love doing business with offered me a deal to refinance my car with a new car loan at a reduced interest rate. So, of course, I pounced on it. I would be lowering my interest rate by almost 1% and moving another loan back to my favorite bank. But, when I called, I was a little shocked at first when my monthly payment actually rose by $4 per month instead dropping. I was expecting my car payments to drop since I was reducing my annual interest rate on the car loan from 4.38% to 3.59%. But, I still took … [Read more...] about I Refinanced My Car Loan, Dropped 1%, And Still Pay $4 More A Month!
Do you have money troubles? I can remember being over my head in credit card debt after college. I ended up burying my head in the sand so I wouldn’t have to deal with it too. You have to work on your finances every day. How often do you think about your finances? Or, do you stick your head in the sand and just continue spending money you don’t have? How often do you think about your budget or tweak it? Do you follow the news of companies you own stock in? Do you know what the mutual fund managers of your funds are doing or … [Read more...] about You Should Work On Your Finances Every Day
For those of you living under a rock, the Dow Jones Industry Average lost over 500 points yesterday in a massive sell off. But, do you know what I’m doing with my money and investments? Absolutely nothing! I have a financial plan, and I am sticking to it. Having a financial plan helps you whether the storm and gives you the confidence you need to stay the course. Now is not the time to be selling your investments. Just like the recession that rocked the stock market in 2008, selling in a down market when you do not need your investing proceeds … [Read more...] about Three Reason You Should Have A Financial Plan
The worst thing that you can do in a global financial crisis is not sticking to your plan. In 2008, we saw far too many people pull their investments out of the stock market during the recession at the lowest points. This will lead you to selling stocks and mutual funds when prices are low and having to repurchase your investments when times are better and ultimately prices are higher. The best thing you can do is to continue on your financial plan that you established. Worst Things You Can Do In Global Financial Crisis A Declining … [Read more...] about Global Financial Crisis – The Worst Thing You Can Do