How does a person work everyday with a full-time job and still live paycheck to paycheck? And never have money in their bank's savings or even checking account .
Why do people seek financial advice or financial tips from their broke family or friends?
Why do some people make a goal to get out of debt, then after that goal has been reached that goal, they end up in the same place 6 months later?
We’ll if you can relate with any of those questions, then that’s how my life was one time many years ago, I’m being honest.
So what’s different now, you ask? I made the decision back in 1999 to educate myself on the topic of personal finance; and that is what is going to be covered on this blog. I will be discussing the full spectrum of financial literacy and wealth building.
I know what you’re thinking, who needs Financial Literacy “I can count my money”. Being able to count your money is just a small piece of the Financial Literacy puzzle, and I mean it can be a puzzle. You have to understand the pieces that can put the puzzle together. If you don't understand how to put the pieces together , you will end up in a maze of financial ruin.
So why should you listen to me?
Well after recovering from being financially illiterate, I became a compulsive student of understanding 3 things how money works, how to get out debt and stay out of debt, and how individuals build wealth. That journey led me to start my own tax business which then led to transitioning to financial services. For 6 years I provided financial planning and insurance services to my clients.
I always had a client base that wanted more than just financial planning they wanted financial instruction. The questions I would always get would be: Can you help me with my personal budget, can you help me eliminate debt and can you help rebuild my credit. So that's when I realize my duty was to provide Financial Education in the form of Financial Literacy.
What are some of the topics being discussed on this blog:
- Getting out of Debt and Staying Out of Debt
- Dealing with debt collectors when rebuilding your credit
- Why using the work “Spending Plan” instead of “Budget” allows you to save more
- Why you need to understand the difference in “Active” and “Passive” income if you want freedom from a job (Just-Over-Broke ) paycheck
- How to have assets create a consistent income
Now that I have shared everything about me and this blog, don’t forget to become a subscriber here. You will receive my monthly newsletter “Money Life Skills” to learn tips on battling debt, building wealth, rebuilding your credit and increasing your income, as well as a few bonuses to assist you along the way.
To your Financial Success,
"Your Money Mentor"
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