Why are you putting more thought into your wardrobe than your retirement plan? Knowing when to sacrifice for your needs instead of wants is a recipe for financial success. Most neighbors aren't "the millionaire next door". Retailers are known for targeting female consumers.
May 18, 2011
The United States is over $14 trillion dollars in debt. If the U.S. can't handle its debt then we are in more trouble than expected. To increase the taxes or not is the question.
October 21, 2010
Reported by Bahiyah Shabazz, MBA From the time you signed your name on the dotted line, you were waiting for the last payment coupon. Other than acknowledging your monthly payment, you knew that it would take five years to pay off that Ford Mustang. Each month become harder since there were many things you had… [Read more…]
October 19, 2010
Reported by Bahiyah Shabazz, MBA You may ask, “If I’m not myself, then who am I?” As strange as this question is there’s a lot of people out there oblivious to who they are, what they stand for, and how to get there. Understanding and acceptance of oneself is the first step toward improvement of… [Read more…]
October 18, 2010
Reported by Bahiyah Shabazz, MBA If you want to know how your children will be as adults then look in the mirror. Children emulate their parents behavior from expressions to handling finances. The worst behavior you can display in front of your children is an action of disconnect. To disconnect from yourself is to define… [Read more…]
October 14, 2010
Reported by Bahiyah Shabazz, MBA The holiday season is quickly approaching. Commercials are featuring game consoles, LCD televisions and the all the latest technology. Everyone’s enticed with the sales of the department stores. You can play grown up and disregard the items, but your children can’t. The day will come sooner than later when they… [Read more…]
October 13, 2010
Reported by Bahiyah Shabazz, MBA I recently overheard a conversation with a man and woman. You could tell he really wasn’t into her, but she couldn’t read the signs. As she professed her love for this guy, he responded by stating “Love yourself, you get better results”. After my initial shock, I had to agree… [Read more…]
October 13, 2010
Reported by Bahiyah Shabazz, MBA Today, money is a “precious” paper that many people wish for. You work extra hours, work a second job and cut corners in order to have more of the green stuff. Just like most wishes, you don’t know what to do when it comes true. A person with $5000 can… [Read more…]
October 12, 2010
Reported by Bahiyah Shabazz, MBA I like McDonald’s fries just as much as the next person. The time comes when you have to say NO to the temptation. Although, the golden fries are listed on the dollar menu, it can quickly add up. Just put into perspective if I reward my son and self each day… [Read more…]
October 11, 2010
Reported by Bahiyah Shabazz, MBA Teamwork –noun 1. cooperative or coordinated effort on the part of a group of persons acting together as a team or in the interests of a common cause. 2. work done with a team. We put so much emphasis on the words “teamwork” and “team building” in the workplace when it’s just as important at home. According to the first definition, a part of a group (two parties) should act together for a common cause. In a successful… [Read more…]
October 8, 2010
Smothering of plastic still holds true to this day. Now, many adults are being warned about playing with plastic. Credit cards are smothering and killing household finances. The excitement of its features has come to an end.
October 6, 2010
Reported by Bahiyah Shabazz, MBA No two people are alike and neither are your goals, desires and accounts. Your advisor should not consider your plan to be a cookie cut out that makes his/her recommendations mundane and impossible for you to follow. Financial success should include these three strategies. Simplify your finances. The good old… [Read more…]
October 5, 2010
Reported by Bahiyah Shabazz, MBA Recently, I was driving down the suburban streets of Portage, IN. To my surprise, I looked over to notice an old school Oldsmobile, chrome detail with vogue tires and shiny rims. As I watched it turn the corner the back window had “Costly Obsessions” in italic writing. He displayed exactly what… [Read more…]
October 4, 2010
Reported by Bahiyah Shabazz, MBA The interest rates are slowly lowering, the desire in purchasing homes is slowly increasing. Many people are using the down [bear] market as a buyer’s dream. I’ve heard many current homeowners even promise to refinance to take advantage of the lower interest rate. Before, you sign your name on the… [Read more…]
September 29, 2010
Numerous couples are affected by lack of communication. This behavior plagues companionship, well being, and finances. Once you create financial infidelity, it becomes hard to rely on the other person for financial comfort. As with anything else, with hard work you can prevail.
September 28, 2010
I challenge each of you reading the book to find a behavior in your life you can eliminate such as purchasing morning coffee, purchasing a lunch, or buying daily donuts. Whatever your vice attempt to eliminate for one month to notice the increase in savings. During this time of economic crisis, I suggest for everyone to monitor your spending habits.
September 27, 2010
Will anyone truly know or even understand why a person defines oneself by material items? I believe so. However, the answer is customized to the individual. Addressing what is sought after when emotionally spending and shopping can become clear when discussing defining oneself by items and not by your self worth.
September 24, 2010
Reported by Bahiyah Shabazz, MBA The secret is out…the economy isn’t looking so great. Companies are tightening the belt strap by limiting expense accounts, not purchasing miscellaneous items, eliminating bonuses and stagnant pay. It’s time to consider how you can increase your pay and net worth. Society is use to living from paycheck to Monday.… [Read more…]
September 23, 2010
Reported by Bahiyah Shabazz, MBA This past summer has been full of unexpected deaths and tragic events. Your destiny is planned before you open your eyes for the day. Unbeknownst to you, it could be your last. Although, you are never prepared to lose a loved one, your finances should not fall destitute to the… [Read more…]
September 22, 2010
Reported by Bahiyah Shabazz, MBA I’ve come across many women who rely solely on their spouse’s income and retirement. There’s nothing wrong with putting your trust in your significant other, but there is something wrong with not supporting yourself. In spite of how well your marriage and goals are working well with one another…all good… [Read more…]
September 21, 2010
When you think about your child's features, you also include the personality, behavior and habits. It's amazing how much a child can emulate a parent's expression and behavior without being taught. This is also true when it comes to financial responsibility.
September 16, 2010
Reported by Bahiyah Shabazz, MBA Smart investors know that each fund is unpredictable. They also know that a portfolio should consist of value and growth funds. It’s impossible to predict the future, but the two ingredients give you an opportunity to maximize your earning potential. Impulsive investors seek earnings wherever they can. They aren’t loyal… [Read more…]
September 16, 2010
Reported by Bahiyah Shabazz, MBA Is anything ever perfect? The alarm clock won’t stop buzzing, my son complains about his lunch and the husband wants more quality time. The day is typical and the demands are increasing. I have to move forward. If life was simple I would have everything my heart desires…or maybe I… [Read more…]
September 16, 2010
Reported by Bahiyah Shabazz, MBA You’re excited about your checking account and all its features. Rewards debit card, overdraft protection, online banking, online bill pay, more ATMs than you can stand. The relationship starts out beautifully. There’s a personal banker that is accessible and able to sign you up for all the benefits. You finally… [Read more…]
September 15, 2010
Reported by Bahiyah Shabazz, MBA Is it me or am I the only one to stand in the WRONG line at the store? It never fails, either the person wants to clip coupons at the register or s/he got too excited and went over budget to put things back. I’m Fabulous and Money Savvy! That’s… [Read more…]
May 25, 2011
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