Here are some articles that caught my eye this week…
One of the hardest parts of the journey to being debt free is just getting over that hump of getting started. Most of us though probably have enough stuff sitting around that we could sell to get a pretty good jump start on saving and paying off that debt. Most of it is stuff we rarely use and probably wouldn’t even miss. If you aren’t sure where to start, look around and find some stuff to sell.
If you are approaching 60, one important decision that is looming in front of you is when to take social security. The rules are complex and making a bad decision can cost you thousands of dollars. It is worthwhile to get the advice of a certified planner that understands how to best make the social security rules work for you.
The key to getting out of debt is changing the person staring back at you in the mirror. If you don’t change your habits, no get out of debt program will give you lasting financial peace. We often think that finances are about math, but in truth they have very little to do with math and almost everything to do with behavior.
Does your spouse often use money to control you? Do they keep financial matters secret from you? If so you might be married to a financial bully. If you find yourself in this situation you probably need to see a marriage counselor and soon. The problem with this kind of financial abuse is it will eventually boil over. The #1 cause of divorce is conflict over money. You need to be able to work these things out with your spouse before you pass the point of no return.
Good songs. Good advice.
It’s so nice how banks provide you with those “Convenience” checks to allow you to borrow extra money. The only convenience is for the bank to make more money off of you. The best use for convenience checks is to feed your shredder. Don’t fall for the “convenience”.