Moving is a time when you really don't want to be building up debt. You should be concentrating on getting settled, adjusting to a new location, and building wealth with your new job. Matt Wegner from FinancialExcellence.net shares his thoughts about how to plan for a move: http://youtu.be/SAURt0GKjKk Move yourself or pay someone? You can save money by moving your own stuff, but hiring a company to do some or all of the moving for you can be worth the cost. Get a few quotes and consider the … [Read more...]

http://youtu.be/f3-EkYgerzA As you work hard to change your money habits, don't mistake spending less on gifts for being "cheap" or "unloving". You can give GREAT gifts if you'll just consider what the gift recipient enjoys most. Trinkets are nice, but they usually end up in someone's garage sale. Why not give something that only YOU can give a person? This is just the start of the conversation. Leave a comment below or email julia@promisesfc.com when you get beautiful and intriguingly … [Read more...]

Carrie from CarefulCents.com gives a brief explanation of taxable income and tax brackets. http://youtu.be/nxbLBJQkKHo Determine taxable income Take the total of all income (W2 or self-employed such as from a 1099) and subtract any exemptions or deductions. The 6 tax brackets Taxable income will then fall into one of six tax brackets: 10%, 15%, 25%, 28%, 33%, and 35%. Carrie's view of how the income is taxed Carrie looks at her income as water and the tax brackets as a glass. The more … [Read more...]

Brad Chaffee from EnemyOfDebt.com offers some great advice for those who are falling behind on debt payments and considering bankruptcy. http://youtu.be/nS_QDK1_3c4 The Pro-rata Method can keep creditors off your back and help you avoid future judgments, or the execution of a judgment because you are declaring hardship and essentially asking for an alternative plan until you can afford to make the original monthly payments for all of your debt. It is in the creditor’s best interest … [Read more...]

Jon White, Personal Finance Coach giving a new perspective on your money, shares 3 ways to pay for your child's college education. It pays to plan ahead and either take advantage of tax-favored accounts (529 or ESA plans) or strengthen your household's finances by becoming debt free and cash-flowing education as they go. http://youtu.be/DU8vPSW7AHo Option #1: 529 plans Each State administers their own 529 plan Different rules from state-to-state Have the ability to deduct from State … [Read more...]

There are five rules OnTargetCoach and his wife follow when it's time to work on the household budget: http://youtu.be/jW98X15zXls Rule #1: Invite your spouse - do it a few days ahead and in person (don't text the invite!) Rule #2: Bring snacks (or dessert) - to entice your spouse to attend Rule #3: Bring a timer - agree to meet (excuse me - PARTY) for a certain amount of time. OnTargetCoach's wife recommends no more than 30 minutes Rule #4: Come prepared - with previous … [Read more...]

Jeff Rose from GoodFinancialCents.com tells us how mutual funds are like chicken and vegetable soup. http://youtu.be/bxvr8tZpBDs It's convenient You don't have to measure out the ingredients or even chose what goes into it. The hard work has already been done for you.  When buying a mutual fund you are hiring a manager A Mutual Fund Manager picks the best ingredients to make sure it's the best it can be. There's variety There are many different things that can go together and lots … [Read more...]

http://youtu.be/jdCY2BE2eaM Julia Graylion from PromisesFC.com encourages us to be resourceful - at home and at work.  Paying off debt and committing to live within your means is not only an acknowledgement of the finite nature of your money. Living within your means also incorporates using your time, your energy, your attention and all your limited resources so that you and others enjoy the maximum benefit.  As you find more ways to manage your household dollars, there will be an … [Read more...]

Bradley Vinson from BradleyVinson.com explains what he feels is the most important step to debt freedom: H.O.P.E for a life without financial stress. Hate debt Organize life Prioritize Engage with positive people http://youtu.be/ZmafQrcl5aE … [Read more...]

Marc Prosser describes the differences between Stocks and Bonds http://youtu.be/M2FIgRxidm0 Stocks: You own a part of a company. When a company makes profits you do well. You can get a piece of those profits back in the form of dividends or cash payouts. You can also see a rise in share price (value). Potentially, you could lose your money. Bonds: Safer than stocks. You don't own a piece of a company. Instead, you loan a company money and they have an obligation to pay you back with … [Read more...]