Credit Card Debt Archives - $ WEALTH BUILDING POWERS

by Powers Investments Management, LLC April 8, 2019

Financial Literacy

ALL THE REASONS YOUR FINANCIAL WELL-BEING IS TERRIFYING! ———TIME TO FIX IT!

FINANCIAL LITERACY Read: FINANCIAL LITERACY IS JUST NOT THAT COMPLICATED – TRUST ME! Click below link https://wealthbuildingpowers.com/2019/04/01/financial-literacy-is-just-not-that-complicated-trust-me/Reduce spending to live within your means. BUDGETING Read: Do You Want or Need a Cadillac? Click below link HTTPS://wealthbuildingpowers.com/2018/01/23/DO-YOU-WANT-OR-NEED-A-CADILLAC/ Calculate how and what you spend your money on now and then figure out how to put more of YOUR HARD EARNED MONEY TO WORK - WHILE YOU SLEEP! Track your spending and see where your money is actually going because you will see opportunities to ...

by Powers Investments Management, LLC November 1, 2018

DO YOU WANT TO SAVE OVER $100,000? IMPROVE YOUR CREDIT SCORE!

For a $500,000 home, the difference between a 760 and a 620 credit score could cost you more than $150,000 in additional interest payments, over 30 years, due to higher rates! This is an example of one cost savings and there are several more below. Credit vendors, banks, landlords, etc. use our credit scores to evaluate our credit worthiness. Your creditworthiness is the likelihood you will pay your debt or NOT. Our ...

by Powers Investments Management, LLC September 13, 2018

Financial Literacy

DO YOU LOVE YOUR ADULT KIDS? IF YES – HELP THEM TO A STRONG FINANCIAL START IN LIFE!

My Dad and Mom, helped prepare me to become successful. As a father, I have that same responsibility to help my daughter succeed. I constantly read how the majority of Americans live check to check. I have been laid off too many times to live check-to-check! My parents taught me the value of budgeting, living beneath my means, growing my emergency savings, etc and I survived ...

Interview , Millionaires

$1 MILLION – THINGS YOU NEED TO KNOW! (Interview #1)

This week I interview a young man, Jake, whose household Net-Worth is on a great trajectory. Jake and his wife Jen, in their early 30’s, have already built a Net-Worth, that is 30 times greater than the average American Household for a couple their age. THIRTY TIMES GREATER - bears repeating. So lets take a look at their strategy and accomplishments! By the way, Jake ...

Debt , Wealth Building

FOUR STEPS TO ACHIEVE FINANCIAL FREEDOM BY BECOMING DEBT FREE!

For the past two weeks I have talked about the importance of eliminating debt. It is past time to get started. I did it and you can too. If you are in debt and do not believe you can take control then don’t waste your time reading this blog. But if you want to get out of debt and create debt free financial freedom - KEEP READING! Below four steps ...

Debt

GOOD VERSUS BIG, BAD and UGLY DEBT!

Last week I wrote about debt. Majority of people during their journey to wealth will use and manage debt. But some debt is simply BIG, BAD and UGLY. Too many Americans are deeply in debt, and taking no steps to come out. MY INTRODUCTION TO CREDIT CARD DEBT After college, the easiest credit card to obtain was Sears. I needed to build my credit, so I applied and received the Sears Credit ...

Debt

GOOD VERSUS BIG BAD AND UGLY DEBT!

Last week I wrote about debt. Majority of people during their journey to wealth will use and manage debt. But some debt is simply BIG BAD and UGLY. Too many Americans are deeply in debt, and taking no steps to come out. MY INTRODUCTION TO CREDIT CARD DEBT After college, the easiest credit card to obtain was Sears. I needed to build my credit, so I applied and ...

ALL THE REASONS YOUR FINANCIAL WELL-BEING IS TERRIFYING! ———TIME TO FIX IT!﻿