I’m thinking of buying a car soon, not a brand new car but one that’s maybe a few years old. So, given the current financial climate should I get a personal loan to fund the car or should I go for a newer car and a car purchase plan, or should I be sensible and save up for my new car!?

Let’s look at the difference in these 3 options and what each route means for me. Firstly a personal loan or unsecured loan. I don’t want a secured loan because it would be secured against the equity in my home and with 2 children to look after I think my house is more important than a nice new car! Say I’m looking for £10,000 over 4 years, that’s around £310 per month and over 3 years it would be about £240 per month. All in all not too bad but still a fairly hefty amount to find every month. At least I know the car is mine and I can trade it in and use it as a deposit for another vehicle if I choose to.

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Have you ever wondered how much a part of your investments will be worth 10 years from now? How about 20 years? You can easily figure it out without using a financial calculator. Just use the Rule of 72, your financial calculator in investment.

Let’s say you invested $10,000 in a fixed annuity earning 6% a year. In 24 years, your assets will be worth about $40,000. Then how does it work?

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I don’t want to drive far. I don’t need much. I definitely don’t want to wait in line when I am ready to check out and get home!
Obviously I am going to run up the street to the convenience store, rather than making my way to the grocery store and back.
Well….maybe….maybe not…. Why wouldn’t I?

We might debate this question in our heads when we just need a gallon of milk or a few snacks. Perhaps we need
batteries/feminine products/beer for a party. Whatever our needs are, the question we immediately ask ourselves, is do we
want to spend the money for the sake of the convenience… Convenience store…handy title, eh?
So often the convenience store prices are $1.00 - $3.00 more for our basic needs. It may be close, but…..

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One of the fastest growing crimes of our time is identity theft. In recent years, identity thieves have left many people feeling uneasy and with good reason. As soon as someone steals something that can provide them with your identity, such as financial records, legal documents, or medical records, they can use everything that you have worked for to their benefit.

It is relatively easy for someone to steal your identity, especially for those who know what they are doing. Once your information has been stolen, your bank account can be emptied or the balance on your credit cards can be run up. It is hard to catch an identity thief and it’s not easy to fix what they have done. The best way to be safe from identity theft is to prevent it. In order to protect yourself, you need to know what a thief is looking for and be sure to shred such documents.

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When you run a business and sell a product or service as a sole proprietorship you will have a ton of liability. A sole proprietorship is the second worse form of asset protection after a general partnership. A general partnership as a business structure is not good because when 8 physicians work together in a combined medical practice all 8 partners are liable for the misdeeds of any one of the partners.

The situation is not much better in a sole proprietorship because when you are sued and end up with a judgment for damages against you, you could lose your business and also your house, cars and everything else. Business people use a C Corporation or an S Corporation for asset protection because when sued in the same situation (looking at a judgment), the owner of the judgment may get your business but may not get your personal assets.

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This article is a review of a personal financial expert by the name of Dave Ramsey. I’m sure that many of you may have already heard of Dave Ramsey and there are also some of you that are still wondering who he is. For those of you that do not know who he is I am going to explain everything about him and suggest that you start reading his books about personal finances and personal financial management.

Dave Ramsey gives out some of the most basic and simple personal financial advice and the best part about this is that you can get it all for free through his radio show. Dave Ramsey is a radio talk show host on the “Dave Ramsey Show”. His show is broadcast on over 300 different radio stations in the United States each week and reaches over 3 million listeners.

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A money guide, just for you (us)!

Hopefully you’ve spent every cent during your 20s, partied every night, traveled around Australia and even did a couple of overseas trips. Now, it’s time to start thinking about the future - as well as enjoying life! If this description sounds like you, it’s not too late to build solid financial foundations for the future. Here’s your “to do” list for the decade.

1. Get the basics right

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Hi, Friends. Today, we need as many ways as possible to KEEP MORE OF OUR MONEY! In this article, I write about 10 ways to save BIG money. I have included a new one… the Money Merge System, which is a way to PAY DOWN YOUR 15 OR 30 YEAR MORTGAGE IN A FRACTION OF THAT TIME. Do a Google on Money Merge System to learn more about it. We have developed our own version of the Money Merge System named “The Self-Implemented Fast Mortgage Pay Off System” which eliminates the middle man “hosting company”, who charges a hefty sum to become part of that system. Stay tuned and join our newsletter to learn more about it.

Renting Instead of Owning. In this day and age, there are few reasons to rent versus owning your own home. Even if you find it difficult to qualify for a mortgage, and in today’s market this is quite common, you can find people who will sell your home and hold paper (be the bank). Many times they will give you an interest rate that is lower than what the banks are currently charging, and will also give you ample time to procure a mortgage from a bank.

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