Video: Personal Debt – The Borrower Becomes The Lender’s Slave
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They say that as long as Americans keep spending, the economy will be strong and unemployment will remain low. “Spend now and pay later” is poor personal policy.

Video: University Students and Credit Cards
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Every University student knows they should have a credit card. You have to have a second form of ID on many financial transactions. You have to have one to establish good credit. And, the more you use them, the more you will accrue bonus points toward cash, mileage credits and various “free gifts”. P.T. Barnum said, “There’s a sucker born every minute.” But it doesn’t have to be you.

Video: How to Get Out of Debt, Part 1
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Everyone knows a family with financial debt. Stop the bleeding. Apply emergency medicine.

Video: Family Budgeting
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Every year problems of debt and overspending frustrate millions of families. The problem has little to do with income, a lot to do with spending. Spending less than you earn is the essential foundation that creates the capital for investing and wealth building.

Avoid Budget Busters Part 1: Thrift, an Old-Time Virtue Making a Comeback
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No matter how rich or poor you are, thrift is an integral part of your budget. Being thrifty is a godly and biblical virtue.

Best Christmas Presents
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You are guarding against deadweight loss when the recipient can exchange the gift or return it for cash.

Video: Squirrel Away Money While You Can
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In 1985, an MIT professor won the Nobel Prize for a simple technique that squirrels have known intuitively from birth — you have to “squirrel” away some nuts during times of plenty so you can survive during times of scarcity.

Mindless Spending 2: You’ll Get By with a Little Help from Your Friends
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Both mindless eating and mindless spending rely on our subconscious need to follow scripts to pace our consumption. Community plays a huge role in regulating our financial destiny–either a path of savings that builds real wealth or a path of spending that leads to impoverishment.

Mindless Spending 1: Frequency Matters More Than Height
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We all think we can’t be fooled by something as obvious as the the difference between height and width. But our brains are wired that way, without exception.

Credit Card Karate: The Moves to Block Spending
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Just remove the decimal place. The $8.50 lunch you charge will cost you $850 in your retirement.

Using a Credit Card Properly
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Your time is worth more than sifting through the ashes of advertising looking for valuables.

Make Sure Your Credit Card Has Smart Features
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Themed rewards tend to be toward the low end and cash rewards are apt to be higher. Get the cash.

Video: The Seven Steps of Financial Preparedness
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Here are seven steps you should take to weather any financial storm.

Video: Managing Cash is Key to Meeting Goals
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Managing your family’s cash is key to meeting your financial goals.

Keep Christmas Your Own Way
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This year, give your family the gift of financial peace of mind. Celebrate the season simply.

The Seven Steps of Financial Preparedness
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When a hurricane threatens, making a plan and gearing up for emergencies is imperative. Economic emergencies happen too, but it may be less obvious how to prepare. Here are seven steps you should take to weather any financial storm.

Decide to Be Rich
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It used to be that becoming a millionaire was regarded as a huge achievement. In today’s dollars, however, it is fairly trivial. The new rich is over $5 million.

Learning to Live on Your Own, Part 2
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Here we offer some sound advice on how to put the money you’ve saved to work for you.

Learning to Live on Your Own, Part 1
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If you’re like most of today’s college graduates, you may find yourself ill prepared for the real world of financial responsibility. You never saw how your parents lived when they were first married and struggling. Consequently, you may be basing your after-school expectations on an upper-middle-class lifestyle. Here is my financial advice for those of you learning to live on your own.

Financial Help for the New Year
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You owe it to yourself and your family to make certain you keep your financial New Year’s resolutions this year.

University Students: Getting Sucked Dry by Credit Cards
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Last week we listed the ways university student are enticed into using credit cards. This week we will examine the economical impact of those initially small and convenient monthly payments.

University Students: Getting Suckered in with Credit Cards
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Although 60% of college student’s pay off their balance each month, that leaves 40% who do not.

You Too Can Become a Billionaire
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Learning how billionaires amass their wealth may expand your financial horizons and possibly stimulate some ideas that could lead to your name being added in the future.

Bankruptcy Is Sometimes the Best Option
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Most people want to honor their debt. But many families have allowed their debt to spiral out of control, and they feel helpless, ashamed, and at a loss to know what to do. While bankruptcy isn’t anyone’s first choice, sometimes it is an important choice to consider.

Buying a Car Without Breaking the Bank
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It is possible to avoid driving a wreck without wrecking your finances.

Cyber Monday
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This year, the busiest day will likely be two weeks later on Monday, December 11th.

Eight Steps to Fix Your Broken Credit
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Do whatever it takes. Ask your mother-in-law to hold your credit cards while you are getting out of debt.

Budgeting Part 3: Reduce Your Spending
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Spending less money isn’t an end it itself. Directing your spending to what you truly value is what is important.

Budgeting Part 2: Living On A Family Budget
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Keeping control of your finances means that you can have more fun with your money.

Budgeting Part 1: Creating A Family Budget
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“Do I really want to spend my money in this way?”

Personal Debt – The Borrower Becomes The Lender’s Slave
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The truly rich person is anyone whose income is greater than his or her expenses and whose expenses are sufficient to their desires.

Maintain Financial Balance When in Business
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Running a small business requires financial balance. Here are ten rules.

Everyone Needs Some Frivolous Purchases
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When you make a frivolous purchase, tell your spouse that you made it. If you can’t tell your spouse about the purchase, it isn’t worth the trouble. Above all, learn to work together in marriage. Being wealthy requires a husband and wife to both be frugal.

Wealth Is What You Save, Not What You Spend
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The real lifestyles of the rich in Charlottesville would get very low television ratings.

Holiday Joy Doesn’t Cost A Fortune
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One of my favorite Christmas movies is the version of “A Christmas Carol” starring George C. Scott as Ebenezer Scrooge. I confess that I understand Scrooge’s character.

How To Get Out Of Debt (Part 5)
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Admit your past debt mistakes readily. Like a former alcoholic you must be constantly vigilant against slipping up again.

How To Get Out Of Debt (Part 4)
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You bought more things than you can pay for. That is an error in judgment. Given the evil in the world, your small financial troubles aren’t that bad.

How To Get Out Of Debt (Part 3)
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Only after you have steeled your resolve not to borrow any more money are you ready to deal with paying off your current debt.

How To Get Out Of Debt (Part 2)
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By definition, to get rid of consumer debt, simply stop borrowing money.

How To Get Out Of Debt (Part 1)
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We are losing many potential asset management clients because of credit card debt! The difference between those in debt and millionaires is as small as slight changes in financial lifestyle.

Don’t Eat Yourself Out of Financial Security
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Great financial wealth can be built by living a beer and chips lifestyle on a champagne and caviar budget!

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