Taking Control of Your Finances in 3 Months by Letting Go of The Past

Taking Control of Your Finances in 3 Months by Letting Go of The Past

  Are you struggling with a mound of debt? Are you trying to save money? Sick of living paycheck to paycheck? If you’re finding that taking control of your finances is a challenge, it may be that you need to start letting go of the past. What if it was possible to take control of your finances […]

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How to Improve Your Finances by Bucking Herd Mentality

How to Improve Your Finances by Bucking Herd Mentality

  On a day to day basis, most of us tend to believe we control our destiny. The jobs or careers we pursue. The relationships we seek, how we raise our children. And of course, managing your money, and learning how to improve your finances. When we think about improving our finances, we tend to think […]

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3 Reasons Why You Need an Emergency Fund & How Much Cash to Stash

Why You Need an Emergency Fund

  Are you wondering why you need an emergency fund? I am sure you’ve heard it many times before, it’s considered one of the most important aspects of successful money management. An emergency fund is where you stash cash so you’re prepared for those unexpected emergencies that life throws at you every now and then. […]

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Debt Management Planning and Lower Back Pain, Debt Management is Stress Management

Debt Management Planning and Lower Back Pain, Debt Management is Stress Management

  What do debt management planning and lower back pain have in common? Let me explain. I can still remember that day. It was 7:30 am in the morning and I was brushing my teeth before I went into work. As I bent over the bathroom sink I felt a sharp pain in my lower back. […]

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How Surviving Wisconsin Winters is Like Managing Your Money

How Surviving Wisconsin Winters is Like Managing Your Money

  Wisconsin is a special place for Mother Nature. She provides us with four wonderful seasons throughout the year. Wisconsinites are fortunate to be able to experience the fresh new start of spring, the long warm days of summer, and beautiful colors of fall. Even winter has its own standard for beauty like freshly fallen […]

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Financial Independence is About Controlling Your Own Destiny

Financial Independence is About Controlling Your Own Destiny

  I recently watched the HBO documentary Panic: The Untold Story of the 2008 Financial Crisis. The documentary discusses the events surrounding the cause of the 2008 crisis. And the sequence of events that the government took to prevent an economic collapse. It’s a great documentary that provides new information and sheds light on the event. […]

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What You Shouldn’t Do with Your Holiday Credit Card Debt, and How to Avoid a Repeat Next Year

  Every year after the holidays, millions of Americans complete their holiday festivities by traveling home, going back to work, returning unwanted gifts and enter the year with aspirations of sticking to their new year resolutions. Then about mid to late January, many will receive their first credit card statement or statements. Detailing just how […]

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Should You Use a 0% Balance Transfer Offer to Pay Off Debt?

Should I Use a 0% Balance Transfer Offer to Pay Off My Current Debt?

  You’ve seen these 0% balance transfer offers advertised before?   An Insane Credit Card Offering 0% Interest Transferring Your Balance to a 21-Month 0% APR is Ingenious Demolish Your Debt with this 18-Month 0% Credit Card   Are you considering a 0% balance transfer offer to pay off debt? Or maybe consolidate your debt. […]

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Why the Snowball Method Works – Empowerment, Momentum and Confidence

Why the Snowball Method Works

  The Snowball Method is one of the most talked about concepts for eliminating debt. For some it’s viewed as the only way to pay off debt (i.e. FTP), for others it’s viewed as an impractical approach because it doesn’t take into consideration the interest rate you’re paying on your debt. However, regardless of what […]

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How Many Credit Cards Should You Have? My Credit Score with One Credit Card

How many credit cards should you have?

    Actually, the real question might be – how many credit cards should you have based on what the credit card companies think? Ever since I started blogging about personal finance topics I have wanted to write an article focused on credit cards. Specifically the number of credit cards you should have. Because I […]

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Do You Have Self-Limiting Beliefs about Money? Getting Out of Debt

Do You Have Self-Limiting Beliefs about Money?

  Do You Have Self-Limiting Beliefs about Money? In my eBook 4 Steps – Save Cash, Eliminate Debt, I talk about our emotions being a critical factor in shaping our behaviors about money.  How you feel when you are spending, budgeting or saving can create positive or negative behaviors.  If the behaviors are negative, then […]

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The Time Value of Opportunity – Filling The Pig Personal Finance Books

Time Value of Opportunity

The time value of opportunity is the ability to recognize money saving or money making opportunities (events) that will benefit you over the course of a lifetime. The key word being recognize.  For example, in relationship to vehicle insurance.  Most think of vehicle insurance as a single annual occurrence. You pay your premium every year […]

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How to Create a Simple Budget, so You Can Start Budgeting Today

How to Create a Simple Budget

  Technology is great, isn’t it? We listen to music on our smartphones, stream HD movies over the Internet to our TV, and now Uber and Google are testing driverless cars. And when it comes to personal finance, there are smartphone apps to help you track your expenses, online budgeting tools so you can link […]

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How to Stop Procrastinating and Get Out of Debt, Are You Carrying Sandbags?

  Are you struggling with debt? Not sure how to take the first step and manage your way out. Here are three steps you can take to stop procrastinating and create your plan for success.         Sandbags I hate cleaning the shower! I despise it. The strong smell of bathroom cleaner The […]

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What’s Not Important When Paying Off Debt! Putting the Cart Before the Horse

What’s Not Important When Paying Off Debt

  Finding good practical advice on how to pay off your debt is easy.  A simple Google search will get you a whole bunch of great articles – including the ones you can find here on FTP. However, what you won’t find often enough is articles on what isn’t important when you’re paying off debt. […]

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Self-Limiting Beliefs about Debt and the Boogeyman

  Note: due to the success of my first article Do You Have Self-Limiting Beliefs About Money?, and because I think our belief system can directly impact our ability to successfully manage our finances.  I thought I would follow-up with another post on self-limiting beliefs about debt. And how these beliefs can keep you from […]

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How to Pay Off Debt Fast Using the Snowball Method

How to Pay Off Debt Using The Snowball Method

  If you have researched the Internet you’re probably aware of all the different methods and recommendations to pay off debt.  The Avalanche Method, the Stack Method, The Snowball Method, and the 0% Balance Transfer option are just some of the techniques. Depending on the author it could even be a combination of methods and recommendations. […]

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Is Debt Consolidation a Good Idea? For Most Probably Not

Debt Consolidation

  Debt consolidation for some can be beneficial. Personally, and from my own experience, I think the benefits are overstated. If you’re considering a debt consolidation loan before you make that move read this first. What is Debt Consolidation? Debt consolidation is when you take out a loan to consolidate other forms of debt. For […]

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