What would you do if your transmission went out tomorrow? If your identity were stolen and your credit frozen, would you be taking the bus to work? If your uncle offered to sell you his mint condition Ford Mustang for only $5,000, would you be able to come up with the cash? We’re apt to take many of the great things in our life for granted, up to and including out income. In our culture,…
We’re new and improved! The latest version of ThriveWealthy is now available, and you can start using it today, for FREE, to create more options and less stress for yourself! What can this tool do for you? Good Advice Here’s a statement you might not expect from a financial expert: you should spend all your money! In fact, you should spend the entire month’s income, even before the month begins. You should spend it…
Guess what’s coming soon? Christmas!! Even though it’s the same date every year, it sure can sneak up on us! Christmas is a wonderful time, full of joy and celebration. We give gifts to each other in honor of God’s gift to mankind: the baby Jesus, born in Bethlehem, that we might be reconciled to God. It’s good to get carried away in the spirit of the season, but one area we must work hard…
What would you think of a person who drove his 2013 Corvette convertible around while wearing a blindfold. How about someone who kept his eyes glued to the rearview mirror as he blazed down the highway? Would you think that person is nuts? Would you consider that person dangerous? Would you be surprised if I told you this is exactly the way most people operate a major aspect of their life? The illustration above is…
Why make a plan for your money? Isn’t it more fun to just grab what you want whenever you want it? Growing Up Living your financial life with the foresight of a 3rd grader may be fun in the moment, but to have what you want next week and next month, a longer term vision is required. Problem is, even when people become convinced of the value of budgeting to their peace and financial freedom, their…
With Christmas just around the corner, most of us are desperately trying to keep up with all the hustle and bustle of the season. Among the many other things on your list, you probably have some Christmas gift shopping left to do—some of which is for that relative who’s always hard to shop for. How in the world can you give him (or her) a gift that he’ll like without spending hours searching every shop…
In today’s post, we’ll explore the important distinction between saving and investing — two terms that, though often erroneously used interchangeably, must be treated in distinctly different ways on your path toward a thriving life. Be Prepared for the Unexpected Saving ought to be done first — and for a specific purpose. As we’ve discussed previously, one of the first milestones you need to hit as you pursue the thriving life is to save a…
Most of us have been through the following story at some point in our lives: We resolve to “do better” with our money. That credit card company has taken advantage of us for the last time! We’re angry that we let ourselves get into such a vulnerable position and we’re angry that the credit card company hit us while we were down. So, we get out the yellow pad or the computer spreadsheet and we…