FRUGALITY IS A BLESSING!  TRUST ME!

Instead of trying to earn more, try to spend less.  Always spend less than you earn, save, and invest the rest! When you start viewing the building of your wealth as powered by your frugality and efficiency, you gain control.  Learn to be happy with less stuff (that ultimately ends up in a landfill), and you will automatically save more—and make your savings and investments increase!

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THE “RULE OF 72” – YES YOU NEED IT!

        Have you heard of the “Rule of 72”?  This simple rule helps your HARD-EARNED MONEY grow!  The “Rule of 72” approximates how many years it will take for your money to double, given a fixed rate of return.  The formula: {72 / interest rate = Number years to double}. How long do you believe it will take to double your money if placed in a typical U. S. savings account?   ...

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This Group of People Is Most Likely to Retire Broke

This Group of People Is Most Likely to Retire Broke https://www.fool.com/retirement/2019/05/23/this-group-of-people-is-most-likely-to-retire-brok.aspx If you refuse to attempt to save for retirement, it is 100% guaranteed you will retire broke! Unfortunately those people earning <$50,000, include a large percentage of women and minorities. You CANNOT keep singing the Woe Is Me, ballad! Keep reading this post to learn the action you can take starting TODAY! EXERPT FROM ARTICLE “Approximately 60% of workers who earn less than ...

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PART 3 OF 3: DISABILITY AND LIFE-INSURANCE – {CONTINUED FROM PART 2: DISABILITY INSURANCE IS OFTEN MORE IMPORTANT THAN LIFE INSURANCE}

The purpose of these three blogs is to increase your awareness of the potential severe financial impact for people suffering from chronic illnesses or life altering injuries. Either an illness or injury can abruptly end your ability to work and earn a living. Recall that 40% of Americans suffer one or more chronic illnesses.  And many struggle to survive day-to-day expenses and needs. There are actions you can take today to ...

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A 52 – WEEK SAVINGS PLAN SO SIMPLE EVEN I DID IT!

Thursday night I was driving to the store (Ok it was a Bundt Cake Store- I lost momentary control!) and heard on the radio several Federal Prison Guards talking about the hardship of this partial government shutdown.  The inability to pay for gas, many single officers sleeping at the prison to save gas money. One guard in tears saying he and his wife discussed what could they afford to buy for their ...

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BUYING CRAP IS BAD FOR YOUR WALLET!

SAVE MORE BY SPENDING LESS STOP Buying Crap This is your first step to accumulating wealth.  I went to my basement last week and I saw boxes and bags of crap!!  All that crap, cost money.  And it’s just sitting there!.  My garage, same problem.So let me define crap.  Useless stuff you do NOT NEED/WANT! Let’s look at how much we can spend, annually on crap:·       Two six packs of beer/week -$625·       Daily ...

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