Before you go reading the sep ira rules to invest your money, you want to ensure that your hard-earned money is going to the right places, so it can be a good idea to take a look at your whole financial picture.  In order to examine every dollar that is coming in, and more importantly, going out, you can pull last month’s credit or debit card statement and actually go line by line to see what your purchases were, so you can begin to make changes to reduce unnecessary expenses and free up extra … [Read more...]

If you’re overwhelmed with your credit card payments, you’re not alone. According to stats in the US the sharp rise in credit card debt to $1.02 trillion is a reason to be concerned. There are several other things taking place in the economy, notably quantitative tightening. Simply put, this means that the Fed FOMC (Federal Open Market Committee) is embarking upon a rather aggressive policy of interest rate hikes. Since December 2015, the Fed has been raising interest rates. Why does this … [Read more...]

While it’s easy to get a victoria secret credit card, head on out and continue to go on a shopping spree, making it so that once you receive your paycheck, pay bills, and go shopping, there isn’t much left at all.  What is more important than going to the store and buying unnecessary items, is actually securing your future by building an emergency fund in case there are any unexpected charges that come up like an appliance breaking down, a needed car repair, or medical bills that pile up.  … [Read more...]

Unless you want to get a csl plasma card to make extra money, it takes some serious life alterations to live debt free.  Gone are the days of careless spending and ignoring saving for your future, and now come worrying about where your next dollar will go, giving yourself a cushion with an emergency fund in case of unexpected charges, and really making serious contributions for your 401k account so you have an income to live off when you do finally walk away from work.  Ignore the gym membership … [Read more...]