Is a consolidation loan a good idea?

June 17, 2010

Should I get a debt consolidation loan? This is a question I am asked a lot during my coaching sessions, and today we will look at the answer to that question. The debt management process begins by taking an inventory (known as a preliminary budget) of your current financial situation.  You first have to figure [...]

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Credit Cards that Pay…Really!?

June 16, 2010

Same as cash. Reward points. Air miles. Save 10% if you sign up for the store card, the list goes on. We have all heard the sales pitch or gimmicks that try to get you to use a credit card to pay for a purchase. Offers for credit cards are everywhere. From a casual visit [...]

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How to be Financially Successful

June 14, 2010

You are most likely visiting this blog because you are in a money mess right now or soon will be.  Perhaps your money is under control but your son or daughter is having some money problems. Fear not, you are not alone and all money problems can be corrected, regardless of income. You see, money [...]

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Get Out Of Debt Using The Snowball Method

June 13, 2010

There are various methods of getting out of debt, the one I like best is the Debt Snowball. It is simple, and provides a quicker sense of accomplishment. Dave Ramsey is the primary advocate of the debt snowball. So what is it? Well, before I get into the details, I first want to encourage you [...]

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The Pressure of Money Problems and Debt

June 12, 2010

This week a tragedy occurred just eye shot from my the building where I work.  I was at lunch when I noticed  the sky filled with three news helicopters. A man in his forties, married to his high school sweet heart with two beautiful children ages 10 & 12 shot and killed his wife and [...]

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What Is A Budget?

May 25, 2010

Many cringe when they here the word budget.  Some think the only other word that starts with “B” that might generate a worse reaction is the word bankruptcy. I hope to explain that the word “budget” is not a bad word.  It is not a controlling word.  It is not a word meaning “you can’t [...]

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Should I lend money to a friend or relative?

May 24, 2010

A friend or relative has just asked you for a loan.  “I don’t need much” they say “just enough to hold me over til pay day and then I will pay you back” What do you do?  After all they are your friend, many times they are your relative like your sister, brother, cousin or [...]

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Identity Theft Prevention

May 22, 2010

Let’s face it, there are some people in the world that are just too lazy to work hard, they would rather steal for a living.  There are people who steal cars, break into house to steal TV’s and other valuables, rob banks for money, steal from liquor stores, pharmacy’s, you name it if someone has [...]

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Is bankruptcy the answer?

May 21, 2010

So you have too much month left at the end of your money right? Many times my clients will ask me if bankruptcy is the answer.  They say: I am  in debt, I have tried everything to get out of debt but I still don’t have enough money to meet my bills and living expenses. [...]

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I’m Broke…

May 19, 2010

“But my kids are happy.” This is what the lady ahead of me at the check out line in Kmart said the other day.  She was unloading a cart full of toys and went on to say she had two kids and their birthday’s were coming up. Her posture confirmed her words, she seemed defeated….broke. [...]

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