Creating a personal financial plan

Apr 29, Is An LLC Right For Me

Thu, 29 Apr 2010 14:10:59 GMT

Is An LLC Right For Me?

Apr 28, Is An LLC Right For Your Business

Wed, 28 Apr 2010 15:14:18 GMT

An llc helps protect the members from being sued personally for any thing the entity did. Therefore the llc is a great way to organize your business to limit your exposure to law suits. Small businesses unfortunately make up about 68 of the lawsuits according to congress. The llc is a very flexible way to form a business if you have more than one person involved in the business because each person becomes a member of the entity and can invest as much or as little as they can afford in the business so partners don't have to contribute equally in order to keep things fair. The profit and losses get divided up according to how many units you own in the entity. You can also control the decision making according to how many units an individual owns. For tax purposes the llc is great because the income or losses flow through to the individiual members tax returns avoiding the double taxation that you get when you form a corporation.

Apr 27, David Ramsey Budgeting

Tue, 27 Apr 2010 15:36:20 GMT

David Ramsey says when you budget you are spending on paper on purpose before the month begins. In other words you are spending your money with intentions. This is very true with budgeting and it's also true with financial planning in general because if you have a plan you can stay on track and adjust if you happen to get off track. When you plan your budget for the month it's important that you plan for every cent of your income for that month. Now that doesn't mean that you have to spend it all because some you may have to save for a bill that you only get quarterly or you should have a savings plan so some of that money would go into the savings plan. The key is to know where your money is going. You may be suprised to find that you have more money available than you think if you pay attention to where you are spending.

Apr 26, Your Credit Score Can Get You Fired

Mon, 26 Apr 2010 14:04:22 GMT

Many companies check your credit before hiring you because they think that people with poor credit or bankruptcy are more likely to steal. 25 of companies say they won't hire a person with bankruptcy on their record. Some companies will let you explain a credit problem but many won't even ask they just assume the worst and move on to the next applicant. Reality is people have legitimate reasons for having a poor credit rating such as divorce, identity theft etc...

Apr 19, David Ramsey

Mon, 19 Apr 2010 20:53:03 GMT

I think everybody should read David Ramsey's book and get a copy of his budget worksheet and use it. If you don't have a plan you won't reach your goals.

Mar 1, David Ramsey Financial Peace Planner

Mon, 01 Mar 2010 15:16:45 GMT

David Ramsey Financial Peace Planner

Jan 25, Haitian Earth Quake Relief

Mon, 25 Jan 2010 04:16:15 GMT

Just want to say my heart goes out to the Haitian people and I hope all of you have donated in some way to help them. I made my donation to the Carma Foundation. I choose the Carma Foundation because I'm personal friends with Melky Jean the sister of Wyclef Jean and the founder of the Carma Foundation. The reason I donated to Carma is because I know Melky and I know her commitment to helping the Haitian people because first of all she is Haitian and she has been helping the Haitian people all along. She has been helping to send kids to college as well as helping to find and even builder shelters for people that don't have a place to live. Im really glad that people are stepping up and helping the Haitian people in their time of crisis but I wish they would help when the crisis is over because people in Haiti suffer every day from poverty and need help. I like what Melky and Wyclef Jean are doing because they are not just giving money to help get them through a crisis but they are doing things to help them become self sufficient. Donating to the Carma fund is tax deductible and will help the Haitian people tremendously so please do what you can because every little bit helps and when things get back to normal please think about the people in Haiti and do what you can to help them. If you want to donate to the Carma Foundation the web address is http://www.carmafoundation.org.

Jan 8, It's A New Year!!!

Fri, 08 Jan 2010 18:52:14 GMT

Now that it's a new year people are thinking about how they want this year to be better than last year. People are in the gyms trying to loose weight, they are trying to eat right and doing many other things to try to get their life's on track. I wonder if people are thinking about their finances and making a plan for 2010 to be better than 2009. I was listening to Dr OZ this morning on the Steve Harvey Morning show talking about how stress actually makes you gain weight because we tend to eat more when we are stressed. I truly believe we stress about our finances when we don't have a plan. I don't believe it's just poor people who stress over finances because even if you are making a lot of money if you don't plan and spend it right you can have a lot of things and still barely make it or live from paycheck to paycheck. I'm a firm believer in personal financial planning and I wish more people would take the time to plan their finances because I think we would all be better off.

Jan 4, Social Security Benefits

Mon, 04 Jan 2010 02:53:27 GMT

Social Security Benefits Lesson

Jan 4, Importance of Personal Finance

Mon, 04 Jan 2010 00:00:50 GMT

The importance of personal finance and financial planning

Dec 18, Smart Christmas Gifts

Fri, 18 Dec 2009 17:29:12 GMT

Christmas is the time of year when we try to celebrate with family and friends and exchange meaningful gifts. Whether you celebrate Hanukkah, Kwanazz or something else this usually is a time of giving and a time when we spend money. Of course we all are aware of the condition of our economy right now and the effect it is having on all of us so it's imperative that you give some serious thought to your gift giving this year. I'm a firm believer in giving gifts that retain or increase in value over time because we spend so much money during the holidays. We need to be smart about how we spend our money in these tough times. For the kids I like to give maybe a cheap toy and a savings bond because the kids don't care about the economy you have to give them a toy but if you start giving them bonds when they are young you will be helping them and their parents when they get older. You can purchase savings bonds at your local bank or go online to Treasury Direct Another option would be to give them a few shares of stock and give them a framed stock certificate in a company that they like such as McDonalds or some other company that is a solid company that they know and like. Makes for a great conversation piece and it should go up in value over time. These are just some of my thoughts because I hate to spend money and not get something in return and to me you can give these types of gifts with money you were going to spend anyway and provide something positive for the recipients future.

Dec 14, Wealth Management Lesson

Mon, 14 Dec 2009 15:22:42 GMT

Wealth Management Lesson

Dec 14, Tiger Woods Looses Accenture Sponship

Mon, 14 Dec 2009 15:17:59 GMT

Accenture has decided to end it's relationship with Tiger Woods because of his alleged infidelities. They are claiming their tag line "Go On Be A Tiger" is no longer appropriate. This is why I think it's so important to build your passive income because you never know what is going to happen to a regular job. Passive income is generated from your investments and not from your job. It's also very important that you manage your welath or it can be taken away from you in a flash.

Dec 2, Tiger Woods Finances

Wed, 02 Dec 2009 18:32:26 GMT

Tiger Woods was on track to be the first Billionaire athlete ever. Has this mistake cost him all of his endoursements with Nike, Buick and other key advertisers. This is a sad situation for a guy that has done so much for the game of golf. Is it real or are people just comming out of the woodwork to try to get paid?

Dec 2, Personal Financial Planning Lesson

Wed, 02 Dec 2009 04:36:50 GMT

financial planning lesson teaches creating a budget, planning for college, retirement and more. Don't wait create your personal financial plan now.

Dec 2, Income

Wed, 02 Dec 2009 04:33:47 GMT

Income Lesson

Dec 2, Financial Planning Lesson

Wed, 02 Dec 2009 04:29:08 GMT

Financial Planning Lesson

Dec 2, Financial Planning For College an extremely important part of your personal fina

Wed, 02 Dec 2009 04:27:45 GMT

Personal financial planning for college a very important part of your personal financial plan

Dec 2, Estate Planning Lesson

Wed, 02 Dec 2009 04:16:39 GMT

Estate Planning Lesson

Dec 2, Learn About Debt Consolidation

Wed, 02 Dec 2009 04:15:25 GMT

The Debt Consolidation Lesson Will Help You Reach Your Financial Goals

Dec 2, David Bach: Fight For Your Money

Wed, 02 Dec 2009 04:13:59 GMT

Fight For Your Money And Save A Fortune by David Bach

Dec 2, Credit is The Key To Your Finacial Plan and Ultimately Your Financial Freedom

Wed, 02 Dec 2009 04:10:56 GMT

Learn to use Credit to Increase Your Financial Freedom

Dec 2, Common Stock Lesson

Wed, 02 Dec 2009 04:09:33 GMT

Common Stock Lesson

Dec 2, Cash Flow

Wed, 02 Dec 2009 04:07:24 GMT

Cash Flow Lesson

Dec 2, Budget

Wed, 02 Dec 2009 04:05:59 GMT

Budget Lesson

Dec 2, Annuity

Wed, 02 Dec 2009 04:00:13 GMT

Annuity Lesson

Dec 2, Affiliate Masters Lesson

Wed, 02 Dec 2009 03:56:19 GMT

Affiliate Masters Lesson

Dec 2, About Me

Wed, 02 Dec 2009 03:54:52 GMT

About Me and How I make money in my internet business

Dec 2, 401K Lesson

Wed, 02 Dec 2009 03:54:00 GMT

401K Retirement Savings Plans

Dec 2, 401K Rollover

Wed, 02 Dec 2009 03:52:47 GMT

401K Rollover

Nov 25, Retirement Finances

Wed, 25 Nov 2009 19:28:12 GMT

Retirement finances lesson

Nov 25, IRA Lesson

Wed, 25 Nov 2009 19:27:41 GMT

IRA

Nov 25, Inheritance Tax

Wed, 25 Nov 2009 19:27:11 GMT

Inheritance Tax Lesson

Nov 25, SBI!

Wed, 25 Nov 2009 19:26:41 GMT

SBI!

Nov 25, Tax Planning Lesson

Wed, 25 Nov 2009 19:26:05 GMT

Tax Planning Lesson

Nov 25, Tax Sheltered Annuity Lesson

Wed, 25 Nov 2009 19:25:33 GMT

What is a Tax Sheltered Annuity?

Nov 25, Choose The Best Mortgage For Your Personal Financial Needs

Wed, 25 Nov 2009 19:24:54 GMT

Learn to Use Your Mortgage To Help You Achieve Financial Freedom

Nov 25, Life Insurance

Wed, 25 Nov 2009 19:24:10 GMT

Life insurance lesson

Nov 25, Trust Lesson

Wed, 25 Nov 2009 19:22:30 GMT

Trust Lesson

Nov 25, Portfolio Lesson

Wed, 25 Nov 2009 19:02:20 GMT

Portfolio Lesson

Nov 25, Investment Lesson

Wed, 25 Nov 2009 19:01:19 GMT

Investment Lesson

Nov 25, Preparing a Family Budget

Wed, 25 Nov 2009 19:00:43 GMT

Preparing a Family Budget Lesson

Nov 25, Money Management

Wed, 25 Nov 2009 18:57:26 GMT

Money Management

Nov 25, Savings Plan Lesson

Wed, 25 Nov 2009 18:56:11 GMT

Savings Plan Lesson

Nov 17, What Should I Be Doing In This Economy?

Tue, 17 Nov 2009 04:16:53 GMT

With the economy starting to come back slowly it's time to start looking for an investment that you feel comfortable with and have confidence that it will do well when the economy comes back fully. Realize that things are on sale now because not a lot of people are buying anything right now. If you can afford to make a smart purchase that will go up in value over time this is a great time to buy value. Right now interest rates are low so if you can afford to purchase a house it's a great time to do so because it's a buyers market because very few people are purchasing homes therefore, prices for homes are lower and interest rates are lower so you can get much more house for your money. The beauty of it is when the market comes back home prices will increase and interest rates will increase making your home really increase in value especially if you purchased using a fixed rate mortgage at a low interest rate. The key to surviving in tough times is knowing what financial moves to make. Most people think just holding on to what they have is the answer in a tough economy but reality is you can make just as much money in a tough economy as you can in a great economy if you know what to do. Most of the time you have to have the nerve to do the opposite of the crowd and position yourself for when the cycle changes.

Nov 11, Life Insurance

Wed, 11 Nov 2009 20:49:01 GMT

Life insurance is a very important part of your financial plan because if you are bringing income into the household you need that income to continue if you die unexpectedly. Please don't confuse life insurance with an investment because it is absolutely not an investment. It's just that; insurance in case the unexpected happens. There are far better investment options available to you. That's why I have term life insurance because you pay a lot less for more coverage so your income can be replaced if needed. I found out what it would take for my family to survive without me and purchased that amount of term insurance so I could feel comfortable that they would be taken care of if something happened to me. I am strongly opposed to whole life insurance because it's very expensive and does not provide the investment value that some insurance sales people try to convince you it does. Click here to get a free Term life insurance quote.

Jun 29, Reverse Annuity Mortgage Facts

Mon, 29 Jun 2009 21:19:53 GMT

Reverse Annuity Mortgage Lesson

Jun 11, Passive Income is the Key to Financial Freedom

Thu, 11 Jun 2009 03:32:42 GMT

Learn How To Increase Your Passive Income and Achieve Financial Freedom

May 17, My Own Website; How Do I Start

Sun, 17 May 2009 18:52:41 GMT

How Do I Start My Own Website