Sunday, July 12, 2020


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Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits. Educational methods include teaching, training, storytelling, discussion and directed research. Education frequently takes place under the guidance of educators, however learners can also educate themselves. Education can take place in formal or informal settings and any experience that has a formative effect on the way one thinks, feels, or acts may be considered educational. The methodology of teaching is called pedagogy.

Many professions are required to take continuing education. Have you considered even if you only graduated from high school, college or trade school that your education continues your entire life. What are you doing to continue your education? Here at this blog you encourage you to learn how to manage your money in a way that you are out of debt and you can build wealth for your future and the future of your family and community.

We offer a free initial meeting where we will provide you with free tools to get out of debt and start building your wealth.

Coach Dungy of the Indianapolis Colt says that everyone needs to have mentors in their life. That includes someone that can help you to keep you on track regarding your financial future.

“We’re having to readjust some things, but we can still be intentional with our money.” — Chris Hogan

Saturday, July 11, 2020

Best Credit Cards

Looking around the web I find many companies advertising their credit cards. Do you know how many credit cards you should have in your wallet?

Are you the Master of your credit? Are you seeking a Visa for your next trip? Are you hoping that the lockdown ends so you can Diner out once again with family, friends, and business associates? What about that emergency expense? Are you thinking I can whip out that piece of plastic to solve my financial problems?

I see company after company that is seeking to expand its customer base. Maybe it is Best Buy, Target, Walmart, Macey's, Home Depot or just name your favorite place to shop that has a credit card. Wow, I can save anywhere from 10% to 20% on my first purchase. How much do you save on your next purchase with your favorite retailer when you go into making a purchase. Whoops, why am I visiting a retailer to make a purchase or why am I visiting their website to buy something? Do I really need that credit card? Oh, yes now I know why I need that card. I need to build my Fico score I am thinking. Really? Why do I need credit? Oh, yes, I remember, I need it because I want to purchase a new home or a new car.

I am out looking at new cars with loans that are zero percent interest on the loan. This is a great deal. I get a new car with a new car smell and I can drive all over town with people looking at my new car seeing how successful I am in life.

I have news for you. You do not need credit. Credit is your enemy, it is not your friend. People do not care what stuff you buy in life. They are sitting on the sidelines cheering you on to make purchases (they might get some benefit) or they want you to go on vacation with them. Oh, vacations are on hold at the moment for most of us with COVID-19.

Did you know that credit card interest rates are between 0% (limited time) and 29% each month you have an outstanding balance. Do you have credit card debt? If you have $1,000 in credit card debt you may be paying out as much as $290 a month in money that you will never see again. This $290 is like taking the money and lighting a match to it. I know you would not really do that but in essence, that is what you are doing.

I am getting off the subject. There is no best credit card or loan anywhere on this earth. All credit cards are your enemy and interest is your enemy!!!