Tuesday, November 26, 2019

All Things Wise and Wealthy


Primary Goal: Get out of Debt!

Start Today!

Secondary Goal: Financial Freedom!

Credit is our Enemy!

Do not use cards!

 Do not take on Student Loans!

Do not use credit to buy a car, Use Cash!



Veit Johnson
Financial Coach

What are your financial goals?

  • A well stocked emergencey fund?
  • Get out of debt - completely?
  • Plan for early retirement?
  • Create multiple income streams?
  • Have enough - But not too much - insurance to cover contingencies?
  • Be able to live on what you earn - no mater what?
  • End any addiction to stuff you may have? 
  • Plan to do work that you love?
  • Get comfortable sharing your good fortune?
  • Plan to leave your financial house in order upon your death.

Vision Statement: To see the end of debt in our country!

Mission Statement: To help our clients get out of debt and start building wealth!

Purpose Statement: Financial Freedom for all!

Use the form in the upper right hand corner to contact us today for your free meeting. We have a 7 step plan to help you.

Reading List

Reading List

Many well known folks read biographies, books on leadership. All of us are leaders, some better than others. One should be seeking wisdom all the days of their life. The best way to become wise is to read books that lead to wisdom. We recommend books here in our reading list. Most of them we have obtained from our local library or from libraries through out the state of California. If you are unable to obtain one of the books from the library then we recommend that you purchase the books from anywhere books are sold or from the links that we list below. Each of these books will help you to gain insights to your dreams. Dreams lead to goals. Goals lead to success in life.

You can read a portion or listen to a portion of each book online by clicking on the name of each book. Enjoy!

Total Money Make Over: Get Out of Debt and Start Building Wealth
The Financial Peace Planner -  Step by step guide to restoring your familie's financial health.
One Question: Life-Changing Answers from Today's Leading voices
The Proximity Principle: The Proven Strategy That Will Lead to a Career You Love

Sunday, October 13, 2019

Not where you want to be? Wondering how to get there?




Click Here to Purchase Book

Why is it that smart people with admirable life goals often end up far from where they intended to be? Why is it that so many people start out with a clear mental picture of where they want to be relationally, financially, and professionally and yet years later
find themselves far from their desired destination? Why do our expectations about our own future often go unmet? 

What if you knew the answer to those questions? What if there was one simple idea that explained why so many people get lost along the way?

There is. It’s called the principle of the path. And not only does it explain the disappointment and regret that characterize the lives of so many, it provides a way for you to be the exception.

As you are about to discover, the principle of the path is at work in your life every single day. Once embraced, this compelling principle will empower you to identify and follow the path that leads to your desired destination. And this same principle will enable you to avoid life-wasting detours along the way.

“If you’re ready to break the bad habits, bad behaviors, and bad decisions that have been leading you into trouble, you need Andy Stanley’s The Principle of the Path.”
–Dave Ramsey, host of The Dave Ramsey Show
and best-selling author of The Total Money Makeover

Click Here to Purchase Book

Tuesday, October 1, 2019

Debt-Free Degree: The Step-by-Step Guide to Getting Your Kid Through College Without Student Loans



Every parent wants the best for their child.
That’s why they send them to college! But most parents struggle to pay for school and end up turning to student loans. That’s why the majority of graduates walk away with $35,000 in student loan debt and no clue what that debt will really cost them.

Student loan debt doesn’t open doors for young adults—it closes them. They postpone getting married and starting a family. That debt even takes away their freedom to pursue their dreams. But there is a different way. Going to college without student loans is possible!

In Debt-Free Degree, Anthony ONeal teaches parents how to get their child through school without debt, even if they haven’t saved for it. He also shows parents:
  • How to prepare their child for college
  • Which classes to take in high school
  • How and when to take the ACT and SAT
  • The right way to do college visits
  • How to choose a major

A college education is supposed to prepare a graduate for their future, not rob them of their paycheck and freedom for decades. Debt-Free Degree shows parents how to pay cash for college and set their child up to succeed for life.


Monday, August 19, 2019

College for Free or Low Cost

You can go to college for free or for a very low cost without going into debt. The number 1 rule is to never take out a loan for higher education. Again never take out a loan.


The first step to pay for college is to take college prep courses and to keep a high GPA. This will make it easier to get scholarships and grants. 

Step 2. Investigate the kind of work you want to do after college. Maybe you do not know so look at majors that will provide incomes that will usually get you in the high 5 figures and above.

Step 3. Start looking for scholarship choices, employers that will pay for you go to school and possibly look at letting the military pay for your college education.

Step 4. Consider cash-flowing college by working while going to school. Working during college is a better choice than having a fun social life in college. By working you will not go into debt for college. Right now folks that took out loans for college are wishing they had not taken out the loans.

If you have suggestions on how to avoid them going into debt for college please leave your comments.

Bankruptcy and Credit Repair

Bankruptcy can cost you from $500 on up depending on the state you live in and the cost of the particular attorney that will handle your case. In bankruptcy you may have to give up cars are real property along with other assets you have. Some debts may not be discharged including student debt and medical bills. Also it will remain on your record for 7 to 10 years. This can seriously affect the ability to do some of the things that you want to do in life. It can also affect the ability to get certain jobs in certain states.

Credit repair can cost you an average of $100 dollars or more per month and it will not really fix your credit. You will also have to continue to pay your debts. If a debt is not in collections you may or may not be able to settle the debt for less than it's face value.

In rare cases where you have medical debt you may be able to settle for a lesser amount. It will take a lot of negotiation.

At AllThingsWiseandWealthy we chage $39.00 for each 3 months. We teach you how to budget and to start your snowball system to pay off debt. Getting out of debt is 80% decision and 20% actually following our plan. Our plan has work for many thousands. It can start working for you today.

Sunday, August 18, 2019

Business in America should pay more taxes

Many politicians and citizens believe that businesses in the United States should be paying more taxes. Where does the money come from to pay those taxes? Do you know? The fact is that if a company has to pay more taxes then the increased taxes are raised by raising the price on consumer goods. This means that when you purchase these products that your dollar does not purchase as much in products and services.

Sunday, July 21, 2019

Pet Insturance

Dogs & Cats Are Family Members. Should You Protect Them with Pet Health Insurance? Pets are family. You protect them like they're your own (furry) children; feeding, bathing, and even clothing them. When your four-legged friend is hurt or sick, you worry about their wellbeing and, unfortunately, whether or not you can afford the bill. Sticker shock is all too real for those faced with a triple- or even quadruple-digit debt to their veterinarian. Boston terrier Bandit racked up quite the bill when he gulped down a pacifier, requiring emergency surgery. Typically, the procedure would cost Bandit’s parents over $1,000; instead, Healthy Paws Pet Insurance reimbursed his pet parent, Karey Lynn Jones, $999. "I would rather lose my house than put my dog to sleep over something like this," says Jones. "But I understand how some families or owners may have to make a tough decision like that." Pet medical care is becoming more expensive due to advances in veterinary technology. As a result, more people are choosing to protect themselves from unexpected veterinary bills with a quality pet health insurance plan. A little research on PetInsuranceReview.com yields Healthy Paws Pet Insurance as the favorite in the category. It's the #1 customer-rated pet insurance plan due to their commitment to customer service and support, as well as access to the best pet insurance coverage available.
Click Here for a free instant quote

Saturday, July 20, 2019

New Cars

Ready to buy that new car? No! No! If you buy that new car and do not pay cash you will be in debt. Are you ready to work for someone else for 3-7 years to pay off that car. Not me! That new car will lose value the moment you drive it off the lot. In addition if you choose to listen to the sales person and lease that car you will only have it for 3 years and you will pay very high interest.

The better solution is to purchase a used car that is 3 to 5 years old and pay cash. Don't have the cash, then you need to save for it. Another solution to pay cash is to purchase a much older used car. As an example my wife and I purchased a 2004 BMW 305i for my son. We paid $4,900 for it. It is excellent condition and when we bought it we were given all of the service records for it including repairs that were made to it. Not only that the owner had the window sticker showing all of the equipment and the original price for the car.

When purchasing that used car be sure to have a mechanic check it out for you. If  the seller will not let you take the car to your mechanic see if your mechanic will go to the sellers location with you to check out the car.

I have a Toyota Camry that is 17 years old that still runs great. I did buy it new before I understood what happens when you buy a new car on time. I would like a newer car but I am choosing to repair the mechanical problems the car and continue to drive it. A car is transportation, nothing more. As long as one can put up with doing repairs the very best deal for a car is to keep the one you have until it just is super undependable. My thought are keep repairing it until you get to a threshold where the repairs each month equal about $250 a month average.

Another tip: anything you have with wheels should not be worth more than 50% of your annual household income.

Thursday, June 27, 2019

7 retirement-planning mistakes

7 retirement-planning mistakes you need to avoid

  • Many people erroneously believe they must stop working, while others wait too long to start saving for post-career years.
  • Other mistakes include not considering non-financial factors, failing to consult a spouse and forgetting about an estate plan.


Without initiative or proper guidance, many of us never learn about fundamental retirement-planning steps until we've already made a mistake. Here's a list of the top seven mistakes that hurt your chances to achieve financial security in retirement.
1. Assuming we should plan to retire
Rocking chairs, sunsets, golf and a sailboat. If you watch enough financial-planning ads on TV, you'll notice a consistent theme: Your financial plan should reflect the singular goal of retiring at a specific age and sailing off into the sunset without a care in the world. Of course, there's nothing wrong with looking forward to no longer working, but we tend to get so wrapped up in the Utopian promise of retirement, we forget to decide if full retirement will truly make us happy.
The fix: Don't let outside influences decide your future. Think about what you truly want for you and your family. Work can often be one of the most rewarding aspects of life. If that's the case for you, consider how you might continue to work in your later years. It could mean transitioning to a different role, cutting back hours or trying something totally new.
2. Waiting to plan for retirement
No matter how much of it we have, money often causes anxiety at every stage of our lives. In fact, finances have ranked as the top stressor among Americans, according to the American Psychological Association, since the survey began in 2007.
So, naturally, we're all working to fix the most common and often most significant issue in our lives, right? Wrong. In 2015 just 38 percent of investors reported having a plan to reach investment management and retirement goals, according to a Gallup survey.
More from Advice and the Advisor:
How to avoid costly 401(k) rollover mistakes
7 ways to make sure you don't outlive your savings Starting a new job? Don't forget your 401(k) at your old one
The fix: Stop procrastinating and start planning. The burden of financial stress is far worse than the upfront challenge of putting a plan in place. To start, write down your current financial needs and future goals. Most important, seek help. Professional advisors can see the hidden gaps in your planning that might hurt your financial future.
3. Bad assumptions
A retirement plan often consists of cash-flow projections to determine the likelihood of success for future goals. These projections must make certain assumptions that can hugely affect the outcome. Therefore, unrealistic expectations regarding certain factors could skew the result, meaning retirees could face a far different reality than what the math suggests.
The fix: Be conservative. Don't forget that, thanks to inflation, things will cost a lot more money in the future. Don't assume that invested assets will grow at 10 percent every year. Finally, reconsider the length of retirement. As medicine and technology improve exponentially, retirees will live much longer than ever before.
4. Only looking at the numbers
We all want to make sure we have enough money for our nonworking years. As a result, financial planning tends to focus on the math. We crunch the numbers each year to make sure we have enough to last a lifetime. Unfortunately, staring at spreadsheets often means we forget to plan for living happy, purposeful lives. We may succeed in saving enough but still fail to actually enjoy the years we've spent so long preparing to live.
The fix: Define what a truly successful retirement looks like beyond the dollar amount you'll need to pay the bills. Consider how you'll make the transition, how you'll spend your time and what you want to accomplish. Having a plan means you won't wander aimlessly. You need to find fulfillment emotionally and intellectually.
5. Not communicating with your spouse
In a marriage through your working years, you and your spouse likely have grown accustomed to each other's daily patterns. For years your routine has reflected the fact that work consumed much of your time. Spouses planning for retirement often forget to discuss the effects of no longer working on marriage and day-to-day life. I know when I'm standing in the kitchen in the morning later than usual, my wife is sure to ask me when I'll be heading to work.
"Make sure to plan to enjoy life even before retirement. With the right plan, you'll be on your way toward perfectly aligning life and wealth."
The fix: Well before you plan to stop working, have many conversations with your spouse about how each of you envisions retirement. Find common ground to set specific mutual goals, like how often you want to travel. Most important, remember to compromise. If you avoid these honest conversations, you'll find out too late that your spouse didn't have the same vision of the future.
6. Overlooking legacy planning
While many people take the right steps to prepare for a successful retirement, some families forget to address important estate-planning considerations. Although you may have plenty of money to live on, how will money left over transition to your children? Without a plan, your estate could take a hit from Uncle Sam, and your children may be unprepared to deal with the influx of cash.
The fix: Establish an estate plan. At a minimum, make sure you have an up-to-date will that can carry out your wishes. Other planning tools, like trusts and life insurance, can ensure your money makes its way to the kids exactly as you'd like. Finally, educate your children not only about how they might receive money in the future but about how you expect them to properly manage the assets.

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Wednesday, June 26, 2019

No Credit / Use cash

Do you use credit? If so did you know that you are making the company that offers you credit is getting rich while you are getting poor. Yes, POOR! Why, because you are paying interest! When you are using credit your FICO or credit rating tells you how well you handle debt. This score if it is high enough helps you to get more credit. The more credit you have and use the less you have to spend on the things you want. By far the best method of spending money is to wait and save for the items you want and pay cash.

For more information on getting out of debt and start building wealth visit Click Here for Details