(un)Fortunate Events My first thought about this email and episode was that we should not wait until something bad happens to make changes in our lives, but then I reconsidered…. Life is not a straight line – forcing it to be straight will only bring regret We naturally move toward pleasure – growth come from […]

How to buy a used car: Realistically access your transportation needs – not a status symbol, narrow your search make/model Set a budget and stick to it – maximum loan 3 years, 40% to 50% of your annual income tied up in cars Do your research – become an informed buyer, know your prices & […]

Why buy a used car: It’s not a status symbol, it’s transportation Learn resourcefulness – shopping and owning (limited warranty, the warranty is not free its built into the price, if the company was losing on warranties they would go out of business) Less Stress – pre-scathed, pre-dented (pre-flawed) The second largest purchase you will […]

How to Get Out of Debt: Debt Avalanche – prioritize based on interest rate Debt Snowball – prioritize smallest to largest Why you should live a debt free life: Reduced risk – your biggest financial risk is loss of income to cover your expenses Freedom of choice – paying for your past actions in the […]

Own your Financial Decisions: Stop relying on somebody else to make your decisions – but have a support system Small decisions can have big impacts – always keep the end in mind Don’t adopt the victim mentality – if you do you become powerless Have a process but be flexible – predicable outcomes start with […]