Category Archives: Financial Health

Progress towards my financial goals – Do you have a plan?

It seems this theme has swung back around. Time to look at personal finances, goals and strategy towards accomplishing those. I have read the book again, you should as well. This book seems to put many mysteries about how wealth is accumulated into perspective in a way simple folk can appreciate. Here is my first report about my progress:

Financial Progress Report: I am 52.97% towards my short term goal and 0.36% towards my long term goal. At this time!

I will updating this periodically and may insert tidbits about strategy, however, always being not too specific or detailed so as to keep my internal affairs private at the same time. I hope what I do provide is helpful…to someone. Be well.

Credit Card Debt – How much should you really be paying the credit card companies

Credit Card Debt: Many think they need to keep a balance, pay interest, and make those minimum payments, it is an industry lie that keeps people enslaved and financially stupid. These guys are getting rich and hurting people at the same time. Where can you get a $10/mo return on a $1000 investment? That is what these guys make, on the average, from the consumer, while the going passive earning rate for cash is around $1.27 per $1000 invested per month! PS – I am now at zero owed as of today! This is the third and hopefully last time, just need to use it on immediate spending items that can all be paid by the due date. Anything over that should be considered a budgeting issue. There is a bit more to say on this, though a simple internet search gives much food for thought…peace out.

PS – It also helps to increase your income by running a part time (not spare time) business that you can start for little capital investment (under $1000) and run for minimum expense (less then $500/mo) and leverage yourself at the same time. If you want to know what I do check in here. Be well.