To spend or not to spend?
Our Congress continues to debate raising our Nation’s debt ceiling. The President only wants to spend money and raise taxes. It’s time that the American people stood up and said, “ENOUGH!” Stop spending our children’s future. Our nation is financially…
Debt Ceiling
Disclaimer:This post is from Citizenlink. No copyright infringement is intended. It is reposted here for informational purposes only. If you’ve been following the news recently, you know a hugely important issue is being debated in Washington, D.C. Of course, I’m…
The true cost of consumption
Did you know that when you spend money it costs you more than what you spend? Yes, remember compound interest? If you spend/consume $1000 per year, which equates to $83.33 per month, for the next 40 years, do you know…
The Rule of 72
Unless you have had a finance class or an accounting class, you might not have heard of the Rule of 72. Why is the Rule important? It’s an easy calculation to see when you can double your money. Let me…
What is going on?
I am at a loss regarding the direction our country is taking. We are embracing immorality at an alarming rate. What happened to the tenets upon which our nation was founded? We have forgotten that this nation was founded on…
Rebates
In this day and age when the economy is bad and almost all of us have to watch where our money goes, it is wise to take advantage of rebates. Staples has one of the best rebate programs around. They…
China’s economy will surpass America’s
I changed the title of my post to more accurately reflect the contents of this post. This morning I read a very disturbing article by Brett Arends, a senior columnist for MarketWatch and a personal-finance columnist for The Wall Street…
How to eliminate debt Part 2
Okay, so you’ve done the previous six steps. What’s next? If you downloaded the budget, you will see that it has a certain percentage of income that should go to each debt category. For example, housing is 38%. Keep in…
