Posts Tagged ‘Financial Situation’

Your Income Is Your Greatest Wealth Building Asset

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For those of us who like to read (and write) information on personal finance subjects, we spend energy on a wide range of wealth building strategies.  Too often we ignore the concept of making money because we feel it’s something outside our control.  After all, our employer pays us, we don’t pay ourselves, right?  The reality is that your income is your greatest wealth building asset. Photo by Photos8.com via Flickr Keeping & Growing Income The first thing to focus on is keeping and growing your income.  Obviously, this is a concern for many people today considering the high unemployment… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - August 2, 2010 at 9:20 am

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A Guide to Preparing Your Finances for A New Baby

With a baby on the way, it is important to spend some time going over your finances to ensure you’re not caught short. If you’re used to living on two incomes, you may find it a bit of a shock going down to just one while you or your partner takes off work to raise the new baby. Fortunately, there are some ways you can prepare your finances to make sure your needs are met and you don’t run into any problems. Photo by tiarescott via Flickr< Having a baby can be a life-changing experience that can change your priorities… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - June 14, 2010 at 2:20 pm

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Seven Rational Things to Do When Financial Panic Hits

I originally included this email in the reader mailbag this morning, but my answer to Susan’s email (below) went on so long that I thought it warranted a post of its own. Yesterday my husband found out he has lost his job. We don’t know what to do. He was making $38,000 a year as an IT specialist. I make about $36,000 a year as a school teacher. We have about $10,000 in credit card debt spread across three cards and a $1,300 a month mortgage payment. We don’t have anything saved either other than some retirement account money. I… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - February 19, 2010 at 6:20 am

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10 Money Management Tips for New Married Couples

Leave a Comment Being a newlywed can be an exciting period in two people’s lives. Young or old, those who have decided to take the plunge and get married will likely find their lives radically changed from when they were single. One aspect of life where this change might be most noticeable is in the area of personal finance.  Love can conquer many things, but when it comes to finances, love and money are like two heavyweights slugging it out during the title… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - February 3, 2010 at 12:20 am

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Money Management During Tough Financial Times

Personal money management can absolutely be a challenge, especially when you are tight on cash. Payday never seems to come in time, and your pockets probably feel empty long before the bills have all being paid up. Here are some basic but essential tips for money management that can help you struggle less throughout some truly challenging times. If you are endeavoring to master your personal financial issues, then these tips will definitely give some much needed assistance. Tough financial times may be stressful, but they can also be an opportunity to make changes in your life that can… Read the whole article...

Be the first to comment - What do you think?  Posted by Robert Wilkinson - January 8, 2010 at 12:20 am

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How To Get A Low Interest Rate APR on Credit Card Debt

I’ve been getting a lot of stories of people struggling to get out of debt because of the recent How to Fight a Debt Collector series. They haven’t reached the point of fighting debt collectors yet and they want to keep it that way. As much as others like to malign those deep in debt, the vast majority of debtors want to make good on what they owe. If you’re in heavy credit card debt, the first thing you need to do is take stock of your financial situation and stop spending. You need to… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - November 25, 2009 at 3:20 pm

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The Carnival of Personal Finance #228: Halloween 2009 Edition

19 Comments Welcome to the 228th edition of the Carnival of Personal Finance! This week’s theme is Halloween, even though I think Halloween is a big waste of time and money! I’ll try not to be the Scrooge of Halloween, because I know it’s fun for kids, it gives us something to do before Thanksgiving and Christmas, and there have been some great scary movies spawn from the Halloween “holiday”. I have included a couple of scary images, so if you… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - October 26, 2009 at 11:20 pm

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Rule #7: Watch Your Progress – But Make It Fun.

A reader asked me if I could eas into a handful of rules. Correct following some cautious believed, I arrived up with a checklist of fourteen fundamental “rules” that summarize my cash and existence philosophy. I’ll be presenting these as a weekly sequence. 1 of the preliminary issues I did when I started turning my financial scenario about is to begin keeping track of my net truly worth more than time. Each and every week (and later on on every and and each and month), I calculated the worth of all of my home, all my debts, and the distinction… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - July 31, 2009 at 1:20 pm

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