Tackle that Debt! (”Snowball” Method)
We recently covered some ground on building an emergency fund and keeping it above the average inflation rate. Today, we’ll start looking at what you will need to do before moving in the right direction financially at this point in the process. Before we go into the second step I’d like to mention a few things. In the past few months, most Americans, have suffered tremendously with their personal finances. Many have lost their homes due to foreclosures and an even greater number of people have lost their employment. Most recently, I read an article regarding to the employment numbers for the month of June. Things aren’t exactly looking very peachy at the moment but I guarantee that there is more than one reason for why tackling your debt in this fashion, may benefit you greatly.
Counter Intellegence That May Save Your Life!
This just in – start looking for ways to save now; Taxes are on the rise, and you WILL suffer if you don’t!
Ah, wouldn’t you know it, writing about the right thing at the right time feels great! This morning I woke up and did my usual reading on the web and guess what I came across? Take a look at this article! Tax hikes and cutbacks: States crunched!
Remember that little thing called inflation? Well, not only do we have to worry about the incoming inflation but we also have to worry about increased taxes now too! Um… I don’t know about you but that kind of sucks! Well, the good thing is that Moolah Blog is here to help you survive these crazy times with good counter-measures to fight the currency erosion and the tax hikes! We will be diving into a series of counter-measures that will guide you through the inflationary period and past the tax burdens as well. Word of advice: Do not go past any step without first completing the previous step. If you decide to move past a step, you can’t say you weren’t forewarned.
Hyperinflation: Doomsday?
Warning: What you are about to read may not be suitable for the faint at heart.
The press is smokin’ hot and that precious paper keeps on comin’! The U.S. government has printed over a trillion dollars worth of cash in recent months and it seems like everything is going to be okay right? The worst is over right? If your answer to either question is “yes”, Ooh boy! Although the government seems to have avoided a complete meltdown, there is a greater sense of fear in the air for what is to come and what some might consider an inflationary tsunami.
The Truth About Money
- Money can not buy happiness.
- It’s not all about money.
- It’s not about what you make, but what you keep.
- Here is how you earn a $1M in 2 steps: Borrow $1M and have someone else pay it back for you.
- A famous Chinese saying: “富不過三代” meaning “Wealth does not last past 3 generations.” Money management knowledge is often lost from one generation to the next.
What do you think the truth is about money? Make your comments below.
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