(Just to be clear, this is not an April Fools Joke) Recently Tesla announced they had purchased $1.5 billion in bitcoin and will soon be accepting bitcoin as payment for automobile purchases. Some high income earners have speculated in bitcoin and are contemplating making their next car purchase using bitcoin. Before you make that move, … Read more
I remember when I first began investing in real estate. As I discussed my first real estate purchase with various people, those in the older generation kept telling me they were too old to begin investing in real estate. They would say things like, “If only I was in my twenties, then I would consider … Read more
I recently read a post where the writer stated something to the effect that no one was teaching financial information to doctors until just recently. That statement is absolutely not true. The real issues were most doctors were not seeking this information until just recently and those doctors who were looking thought the information had … Read more
(Today’s guest post comes from Gayle Morris, a nurse practitioner who shares her lessons from mom. I especially like #5.) I never truly appreciated the hard work and effort my mother put into raising us until I became a mother myself. Parents have an incredible responsibility to raise the next generation and I learned many … Read more
As 2020 draws to an end, it is time to close the year and give ourselves a fresh start. When a new year begins we make New Year’s resolutions that we plan to achieve during the year, but often by the end of January we have reverted back to our old ways. Resolutions long forgotten. … Read more
As more people move toward becoming debt free, there comes a time when they must choose which debt to pay off next. Often the last two debts are their home mortgage and the mortgage on a rental property. The home likely has a lower interest rate and is often the larger loan. The best way … Read more
It appears that Joe Biden will become the next President of the United States in January. He has already stated many of the things he plans to do during his term. Some of those things will have direct financial impact on us. Biden has stated he wants to cut costs for the low and middle … Read more
I saw a recent conversation on social media where someone stated that he only had a few years left on his home mortgage, so there wasn’t much interest left to pay. Because of this he felt it was far better to pay out the mortgage as scheduled and invest his money for a higher return. … Read more
One of the first things I do with my financial makeover clients is set up a spreadsheet, tailored to them, to track their net worth on a quarterly basis. This program is set up to be used for the rest of their lives on my proprietary Excel spreadsheet. I have used this program to track … Read more
(Today’s guest post comes from Gayle Morris, a nurse practitioner who discovered her life insurance policy was not the great product she was told it would be.) It was during my first pregnancy that my ex-husband and I began to seriously question how we were preparing for our future. My first pregnancy was twins, which … Read more
