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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Feeding the Vending Machines

December 15, 2009

Do you have any idea how much money you feed into a vending machine during the week? It is easy to lose track on money when it is a dollar or two at a time.  Oh sure, it doesn’t seem like much but it adds up.  Let’s say you pay a soda pop once a [...]

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Baby Steps!

February 13, 2009

Getting out of debt is no different than overcoming any other struggle or obstacle in life. To be successful it helps to take one small step at a time. Create small goals that lead to the big goal of becoming and living debt free. I encourage my clients, as Dave Ramsey does, to follow seven [...]

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How To Dig Your Way Out Of Debt

January 13, 2009

In 1993 I was $48,000 in debt. I lived in an apartment, paid monthly car payment to the bank, and after expenses, rent, electric, phone, insurance; the rest went to paying on credit cards. I had no savings, and to say I was living paycheck to paycheck was an under statement because at times I [...]

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