Category: Build Wealth

How to Break the Paycheck to Paycheck Cycle (and Start Building Wealth Too)

Recent studies show that as many as 76% of families live paycheck to paycheck, meaning there is absolutely no money leftover at the end of the month.

Having lived this way for several decades, I can attest to the fact that it’s no fun being in a money situation where you regularly have more month than money.

Four years ago, my husband and I finally got “sick and tired of being sick and tired” of the paycheck-to-paycheck lifestyle. We had no idea how we were going to change things, but we KNEW that we were done living the stressful life of having no money and loads of debt.

Here are the steps we took to break the paycheck-to-paycheck cycle and start getting out of debt once and for all.  Read more

Is Buying A New Car Really That Bad?

According to Experian’s State of the Automotive Finance Market’s latest report, people are still living with a love affair of driving expensive cars.

But is buying a new car really that bad? Does it really destroy your chances for financial freedom like so many experts claim it does? Read more

Buck Up and Dream

At a large-ish gathering this weekend, I came to the realization that much of our society has been brainwashed into believing certain things about life that simply aren’t true.

I’m still in shock over the lack of education in many of these areas.

I know I don’t often write snarky posts, but for the last two days I’ve been feeling an urgency on my heart to speak to those who are still stuck in the world of the status quo, and you may see a little “snark” along the way. . Read more

12 Steps to a More Comfortable Retirement

Today’s financial experts will tell you that we’re not saving enough for retirement. With only 32% of Americans being involved in a workplace retirement plan and the average couple having only $5,000 saved for retirement, I agree: there is work to do.

The numbers are dim, indeed. Investment giant Fidelity tells us that a 50 year old should have six times his or her salary saved in a retirement account and a 60 year old should have eight times their salary saved. If you are worried about your retirement situation, there are things you can do to change it, even if you’re getting up there in age. Read more

7 Steps to Success That Most People Aren’t Willing to Learn or Utilize

Making changes that will lead you to success in any area is tough work. Whether your goal is to lose weight, pay off your mortgage or reach that million dollar mark in your investment account, a daunting goal is hard for most people to hold on to.

In this world of “I want it now and I shall have it now!” we’ve become offended at the suggestion of waiting for more – and often at the suggestion we work our tails off. Read more

6 Money Beliefs That Might Be Keeping You Poor

Today’s post is a guest post from Jon over at Money Smart Guides. Enjoy!

You think you know your way around money, huh?

Then how come you still have credit card debt, or how come you don’t have an emergency fund and a $10,000 car note?

There are some very commonly held beliefs about money that have permeated our culture and our way of life over the last 30 or 40 years. But if you step back and think about it, the beliefs that we seem to have been conditioned to learn did not come from a high-school or college-level personal-finance course. Chances are they came from the marketing-heavy credit-card companies. Read more

10 Things Millionaires Know About Money & Success That You Don’t

Is that elusive goal of “millionaire” status still seemingly out of reach to you? For years I thought that attaining millionaire status was just “luck of the draw”. Some people were “meant” to be rich, and others were “meant” to be poor. No matter how hard I tried, I couldn’t seem to change my dire financial situation, so I figured that was a sign that I wasn’t destined to be rich – or even financially stable. Read more

True Financial Restoration Has to Come from the Inside Out

When I was in my early twenties (I’ll be 50 this summer) my BFF Judie and I were workout queens. Gym rats. Gym nerds. Muscle heads. Whatever you want to call it. We were amateur body builders who lifted weights three times a week in training from our body builder friends and spent three more days a week running or rollerblading around local lakes (it was the early nineties, after all 🙂 )

On the outside, our appearances were perfect. In fact, one time a guy came up to me on the street and said “MAN, you have the nicest calves I’ve ever seen!” It felt good to be complimented on a part of the body that most guys don’t usually notice. 🙂   Read more