Archive for the ‘Money Matters’ Category

Conventional Money?

Posted: October 12, 2018 in Money Matters
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“The problem with conventional advice about money is that it’s not only conventional but also often wrong.” -Robert Kiyosaki

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“Persistence and self-reliance that are keys to professional success and building wealth over a lifetime….

Every bit of wealth you save earns you more freedom….

Taking responsibility means understanding where your money comes from, where it goes, and how to put it to work. And it means building up the kind of wealth that helps you sleep well at night and have the freedom to make the choices you want to make.”

-David Eifrig

“Contrary to popular belief (and most economics textbooks), when banks make loans, they don’t dip into cash in their vaults… or into other customers’ deposits…  Instead, they loan new money into existence.” -Chris Lowe

More Pay

Posted: September 15, 2018 in Money Matters, Thought for the Day
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"If you want to be paid more or promoted faster, you have to increase the value 
of the work that you do." -Brian Tracy

Money Exchange

Posted: September 12, 2018 in Money Matters
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“Money is simply a medium of exchange.” -Brian Tracy

Money Value

Posted: August 28, 2018 in Money Matters
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“The value of money – or more specifically wealth – is the freedom it grants you. Everything else is nonsense.” -David Eifrig

“According to data from Experian’s File One and Credit.com, Americans die with an average of $62,000 in debt… mortgage debt, credit card debt, auto loans, and more.

Some people think that when you die, your debt dies with you. But in most cases, that’s not true… That debt will need to be paid….

Creditors for secured debt – like mortgages – get first dibs on your estate. Once all that debt is paid off, anything remaining goes to unsecured debt… things like credit cards and medical bills.

Planning for your own death might be uncomfortable, but proper estate planning is important…. So make sure you’re thinking about everything you’ll leave behind… debts included.”

-Laura Bente