This post was written by Kevin Donovan from financialupdate.org.uk. He often writes about how the decisions made by politicians and bankers affect our daily lives and the ability to cope with the economic stress of an ever more debt ridden world. Every day we see large companies take large substantial hits. This one to wonder: If they can’t survive this bleak economic climate, how can we? … [Read more...] about How to Clear Credit Card Debt By Clawing Your Way Out
Archives for March 2013
Wealth Creation Strategies That Are Within Your Reach
Do you believe that getting rich is something exclusive? That only certain people are entitled to it, but for some reason you’re not? If you do think this way, you’re doing yourself a great disservice. With the information age and all the resources that come with it, there are more wealth creation strategies and opportunities available to us than ever. A financial adviser can help you manage your finances correctly to increase your chances of gaining wealth. Common people like us can take advantage of these tools and build a fortune that will last a lifetime. But the trick is first being able recognize what’s in your face, and then jumping all over them without hesitation. Your Job is Not (and Should Not Be) the Only Way to Create … [Read more...] about Wealth Creation Strategies That Are Within Your Reach
The New Oz Movie and Some Blog Updates
This weekend we plan to take the kids to go see the new Oz movie. It looks pretty good; and kind of very similar to the recent Alice in Wonderland. The kids have been eating up all of the commercials and teasing to go see it since they first started advertising for it. Funny story: A few months ago my son watched the original Wizard of Oz for the first time on TV. Somewhere during the middle, I asked him how he liked it. He said it was really good, but that you could tell it was REALLY old. I was a little puzzled and asked him how he knew that. He said “because they keep on singing everything”. :) … [Read more...] about The New Oz Movie and Some Blog Updates
How to Reverse Lifestyle Inflation
The following post is a contribution from Tony at We Only Do This Once. Tony is a trombone player who has performed with major symphony orchestra, on Broadway in NYC, and in recordings and movie soundtracks. He blogs about simplifying your life through downsizing and becoming financially fit. One of the best and worst things that ever happened to me was that I had a five year stretch of massive raises in income. During this time, I chose to not live off of my old income, and instead buy a ton of stuff. A year and a half ago, I found myself with debt up to my eyeballs (about $120,000 including my car loans, student loans, and credit card debt), and I decided that enough was enough. I am only a few short months from paying it all … [Read more...] about How to Reverse Lifestyle Inflation
Finally a Safe Savings Rate for Your Retirement Formula
One of the biggest mysteries the average working adult faces when it comes to their personal finances is knowing what the right answer is when it comes to the question of HOW much they should be saving every paycheck for retirement? We’ve all seen generic articles that say to save 10% or whatever, but how do we know that percentage is really the right number to plug into our personal retirement formula? Even if you did take the time to figure out how much money you’d need and what size nest egg to save for, how do you know what chances your savings target would have of surviving another economic downturn like we had this past decade? What confidence do you have that the number you pick will result in your savings being able to last … [Read more...] about Finally a Safe Savings Rate for Your Retirement Formula
Our Vacation Dilemma – Plus Blog Updates and a Giveaway
Here is our vacation dilemma: For a few weeks now, we’ve been planning on booking a trip to Disney World. We took the kids years ago when they were really young and we’ve wanted to go back before they get too old to really get into it. But I started checking into the price … Holy cow! It’s looking like $4500 to $5000 for a 5 or 6 night package! … [Read more...] about Our Vacation Dilemma – Plus Blog Updates and a Giveaway