Friday, April 8, 2011

5 signs you're kicking debt too fast - 2 - credit cards & banking - MSN Money

5 signs you're kicking debt too fast - 2 - credit cards & banking - MSN Money

This is actually a great article to test yourself to see if you're on track to reducing your debt or setting yourself up for failure - Again! Use this article to measure where you're at and where you want to go.

Thursday, February 10, 2011

Will the Obama Administration Eliminate Fannie & Freddy?

Wow. I found this article and just had to include it here because this will affect us all:

http://online.wsj.com/article/SB10001424052748703989504576128403630694340.html?mod=dist_smartbrief

If these two agencies are eliminated how that affect the mortgage industry and every other industry attached to it?

Beware of Mortgage Scams; Especially if they tell You to Send Your Mortgage Payment to a New Address

This scam is so easy to get caught up in so I wanted to post this so that you will become aware and don't just send your mortgage payment without first checking it out;

If you get a notice from a company stating to send your mortgage payment to a new address, call your mortgage holder first to confirm there haven't been any changes. Read this:

http://realestate.bryanellis.com/3915/real-estate-scam-of-the-day-stolen-mortgage-payments-in-nevada/#comment-25710


No More Reverse Mortgages from Bank of America

I included this bit of information because it's important to learn about the different strategies that banks use. I personally never liked this bank strategy because it always made me feel that somehow banks were in a stronger position although making the senior who actually is in possession of a reverse mortgage feel like they had something of value. But check it out for yourself.

http://realestate.bryanellis.com/3918/bank-of-america-exits-reverse-mortgage-market/#comment-25709

Thursday, January 27, 2011

For Women Learning to Invest is a Must

For women especially it is very important to learn to invest because statistics show that most women will be the caregivers going into the future. Most women will be the caregivers of their parents, husband or children in their later years. For this reason alone it is so important to learn how to invest to make your money work for you so that you can concentrate on other things - especially if you have to take care of others. I would suggest that women visit www.richwoman.com and check out Robert Kiyosaki's wife, Kim Kiyosaki. Her book, Richwoman, is a must read for women who want to know how to invest. Kim's take a different approach to her book and it's a great read. Take the time to learn how to invest - it will be well worth it. You owe it to yourself and your family to learn how to make your money work for you.





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Wednesday, January 26, 2011

No Matter What, Never Stop Learning

As you learn to invest, seek the knowledge and assistance from those who know more than you and have done what it is you want to do. Seek counsel from others before you go to the next step and never stop learning. There is so much free information on the web to get you started but if you are really serious about mastering whatever it is you want to learn about - in this case your financial literacy - then don't be afraid to spend money to gain that knowledge. Always do your due diligence. In other words, investigate, research and ask questions before you spend any money but don't be afraid to do so. Getting free info is a great start but it is free and therefore limited. The more sophisticated information you will need for ultimate success must be paid for. You have to be willing to put some "skin" your own in the game and take the plunge. Don't be afraid - just do your homework and ask all the questions you need to ask before you give your hard earned money. Start with  www.richdad.com. If you don't like Robert Kiyosaki, start with suzeorman.com or davidbach.com or daveramsey.com. or Brooke Stephens, author of Wealth Happens One Day at a Time, http://www.blackbooksdirect.com/9780060959173.html  or check out the Dynamic Diva, Elon Bomani, www.thedynamicdiva.com or if you're sure you don't want your own business but you want to have a side hustle, that's ok too because there's something for everyone - check out http://www.hustlewhileyouwork.com/ and you can keep your day job - Hotep will show you exactly how to use your 9-5 to jump start your 5-9. Any of these dynamic individuals can get you started toward your financial literacy and ultimately your financial freedom. Well, what are you waiting for? Get Debt Free and Money Smart.

Thursday, January 13, 2011

Are You Ready To Take It To The Next Level - Learn to Invest

Investing is making your money work hard for you so you don't have to work hard for your money. This goes along with what Robert Kiyosaki speaks about in his Rich Dad series. The best book to start with is Rich Dad, Poor Dad. This is the story of Robert's learning as a 9-year-old financial literacy as taught to him by his Rich Dad. It doesn't matter what you what to learn to invest in - real estate, stocks, bonds, mutual funds, gold, silver, etc., there is a Rich Dad book that can help. For women interested in learning about investing in real estate, I highly recommend Kim Kiyosaki's book, Rich Woman, especially if you don't like being told what to do like myself. Kim breaks it down and makes it an easy, great read. I wrote a review about it; check it out, http://www.shvoong.com/business-management/real-estate/2096814-rich-woman/. Learning about investing in any field, takes you to the next level with your money, your choices and your lifestyle. You owe it to yourself and your family to learn how to make your money work for you.