Would you like to hold on to more of your money? If so, you'll have to break bad habits that keep many people poor. Some of the areas discussed below touch on budgeting, credit cards, saving money, smart investing, and buying cars. By correcting the bad money habits discussed in this article, you'll be on a path to greater riches. 1. Failing to … [Read more...]
If you find it difficult to determine how to allocate your income to save money and cover ever day living expenses, this article is for you. I'm going to give you some broad saving and spending percentages that you can use when preparing your household budget and monitoring it against your actual monthly expenditures. The percentages … [Read more...]
If you're looking for ways to reduce your monthly expenses and free up more cash for other things, the first option to consider is refinancing your home loan. In this article, you'll learn 4 factors or indicators that will help you to assess if and when to refinance your mortgage. 1. A big fall in interest rates The common wisdom is … [Read more...]
There's a lot of misinformation that gets thrown around in the world of personal finance about money. Specifically, there are six common money myths that I want to dispel. They touch on a variety of areas including home ownership, credit scores, stock market investing and more. Here they are: Myth #1: Buying a home is a guaranteed investment … [Read more...]
If you're thinking of buying a car, this article is for you. Below, you'll learn six ways to save money on a car loan. After all, cars are expensive enough, especially when you factor in insurance, gasoline, and ongoing maintenance. And as you'll read in our first strategy, the interest that you pay on an auto loan can be significant. Here's how … [Read more...]
If your smartphone phone plan is gobbling down too much of your household budget, then I have some great ideas for how to lower your cell phone bill without it significantly hurting your lifestyle. The major cell phone providers are AT&T, Verizon, Sprint and T-Mobile, and some of the second tier players include Virgin Mobile, Metro PCS, … [Read more...]
While auto insurance is required to operate a motor vehicle on streets and highways, that doesn't mean you have to pay a lot for it. Below, you'll discover nine ways to save money on auto insurance and put a smile on your face. 1. Always ask about discounts - All auto insurance companies offer a menu of discounts. They'll grant some of them to … [Read more...]
If you think that you're paying too much for car insurance, it could be that you're not asking the right questions. You see, many car insurance companies offer a number of discounts that aren't well advertised. After all, if the insurance underwriter can get your business without having to give up much of anything, why would they reveal them? So … [Read more...]
When it comes to organizing and paying bills on time, there are several things you need to know to make the process easy, and not hurt your credit score. So in this article, you'll learn various aspects of bill paying including prioritization, automatic payments, online paying, and tracking due dates. After reviewing and implementing these … [Read more...]
When it comes to reducing your spending and keeping your debt under control, it first starts with the recognition that there is a problem. Then, you should identify the sources that are zapping your wallet the hardest and the deepest. I’ll cover the areas that deserve the greatest attention. Yellow Wealth Belt (YWB) Jumpstart Training … [Read more...]
The next component needed to get your finances under control is to create a household budget. This is an extension of the work that you should have completed under the Know Thy Finances section of the Puzzle Box Paradigm. White Wealth Belt (WWB) Jumpstart Training Mini-Course White Wealth Belt: Introduction Cleaning Up Your … [Read more...]
Saving enough money to purchase a home or car, take a dream vacation, or build wealth for retirement starts with one very important factor. You must first gain an intimate understanding of how much money you have coming in and where it all goes. The best way to get a handle on your personal finances and minimize stress is to create and follow a … [Read more...]
Disclaimer: The entire contents of this personal finance and wealth building web site represent the thoughts, ideas, and opinions of Michael Holland, unless otherwise stated. You may also come across articles, videos, reports, and other content provided by (or associated with) various authors. In all of these cases, the opinions of each respective author is there's alone, and they shall retain copyright of the material as marked. There are also links that might earn us a commission. Nevertheless, the information on this web site is in no way intended to replace a one-on-one relationship or consultation with a qualified or certified financial or investment professional. Our intent is not to give you financial advice because every individual's financial situation is unique. The intent is to share knowledge and information based on the experience and research of Michael Holland and his community. Michael encourages you to make your own financial decisions based upon your research and in partnership with a qualified financial or investment professional. |