Before I give you this weeks Money on Your Terms, let me just say
that my thoughts and prayers go out to the people of Boston and those
affected by this terrible tradegy.
The other day I went to Carl’s Jr. to grab a teriyaki burger
for a late night dinner. I love eating American hamburgers. I swiped my
American Express card and the cashier said, $1.00 fee for using debit,
free for using credit. I am not a big fan of paying fees. You are probably
not either. I … Read More
April is Financial Literacy Month.
When it comes to money we can always learn something new.
The education system never offered us a formal education in money.
For some reason, Chemistry and Geometry were more important
subjects to study in school instead of learning about how to deal with money.
You most likely learned about money on your own or watched how
your parents spent money, which might have not been the best example.
Because no one ever taught you how to handle money, it’s only
natural to make some … Read More
Legendary singer Dionne Warwick filed for personal bankruptcy.
This singing legend once had seven-figure pay days
and lived the dream lifestyle with all the benefits. Today, she is
reported to be down to her last $1,000 in cash and holding
a $10 million tax liability with the IRS.
Dionne has sold more than 100 million records and had
some 30-plus single hits. I am sure you have heard her
on the radio singing “Do You Know the Way to San Jose”
or “I Say a Little Prayer for You”
“So … Read More
I checked my cable bill last month and I noticed that the bill
seemed higher than the month prior. I opened up my account
to compare the previous month’s bill. It actually was higher.
Why? I did not add any additional services. I was on a one
year plan for cable, internet, and phone. So, I called ATT
to find out why my bill increased.
Anytime you call these multinational corporations you have
to go through the maze of phone options to get to
a customer service representative. After about … Read More
Do you compare your insurance policy rates
when they come up for renewal?
At the beginning of March my
auto insurance came up for renewal.
I received the new policy in the mail and
the first thing I looked for was the new renewal rate.
Of course it was higher than last year. $150 higher.
Why? I did not file any claims. I had no accidents
or tickets. So I scanned the policy to see if the insurance
company added additional coverage to the policy.
One of the reasons for … Read More
The United States financial markets are nearing all-time highs dating back to October 2007. Many people left the financial markets several years ago when the markets where crashing in 2008 and 2009. Panic and fear set in for most novice investors. When this happens you lose. With Money on Your Terms you win by taking a contrarian approach.
A contrarian approach according to the on-line Webster dictionary at www.merriam-webster.com is: a person who takes a contrary position or attitude; specifically: an investor who buys shares of stock when most … Read More
We’re one month into 2013. Are you one of the millions who resolved to spend less and save more?
When accomplishing your New Year’s resolutions, you are breaking up hold habits and creating a fresh habit that supports you. The first step in forming a new habit is changing the way you think.
If you’d like to have more money in your life, take the first step by saying to yourself, “It is time for me to enjoy money on my own terms instead of everyone else’s terms.”… Read More
The other day, while pumping gas, I noticed a receipt from the prior customer hanging from the gas pump receipt dispenser. On another occasion I saw ATM receipts in the trash at the ATM Machine. Obviously, this shows people who don’t care about their money. I will go out on a limb here; you can probably find these same people struggling with money each day.
With Money on Your Terms it is about taking care of your money. It starts with the simple act of managing your receipts. Keeping track … Read More
Yesterday the world lost the best of the best motivational speakers, Zig Ziglar. I will always be a big fan of Zig. I recently used one of his famous quotes in my new book Money on Your Terms. Zig said, Money isn’t the most important thing in life, but it’s reasonably close to oxygen on the “gotta have it” scale.… Read More
When there is a problem you have to stop blaming others and take responsibility. We just spent two billion dollars on a Presidential campaign and nothing has changed. We have the same White House and same Congress.
We are approaching a Fiscal Cliff
The underline problem with the Fiscal Cliff is spending. You can not blame it on what happened in the past, you can not blame it on a party. Leadership needs to take responsibility and control spending. With Money on Your Terms it is about controlling your spending.… Read More