Budget versus Cash Flow Plan. (CFP)

Budget versus Cash Flow Plan. (CFP)

Over the last couple of weeks I have been getting a lot of questions about Budgeting, so here goes.  The questions usually sound like this.  “I need to get control of my money so I better figure out this Budget stuff.”  The word “Budget” simply...
Wealth Accumulation Steps

Wealth Accumulation Steps

What is the actual Wealth Accumulation process?  I suggest it can be summed up in 7 steps. I’ll do a page on each of these in detail but as an introduction, here are the broad strokes.  As with most things, the first step is often the most difficult. STEP 1 This...
Simple Savings Plan

Simple Savings Plan

One question I get asked alot is : “How much should I save?”  The simple answer is the one everyone gives; 10% of what you make.  This figure is used because it is simple math for anyone to figure out.  If you get $200.00 you save $20.00. I absolutely...
Shopping for Rates.

Shopping for Rates.

There are really two ways to save money. One is actually putting cash away (not spending it), and the other one is not spending more than you have too on what you do buy.  This second way of saving is what I want to talk about.  When you are looking for new furniture,...
Wealth Accumulation Steps:  Step 1 Your Beliefs

Wealth Accumulation Steps: Step 1 Your Beliefs

Not too many financial  courses or articles start with a review about your Beliefs about money.  I start here, because how you think  and feel about money is more important than almost anything else.  Your best efforts and strategies will be for nothing if they don’t...