How To Live Debt Free … Part 7

This week…make some extra money   Make some extra money It’s easier to cut spending than make more money but if you’re in a lot of debt, working only one job might just be your answer.  You need to have at least one additional income stream until you are out of the woods.  However, if [...]

By |2019-08-19T08:27:59-04:00November 11th, 2018|Money Management Tips|0 Comments

The 50/30/20 Rule of Thumb for Budgeting…Part 2

This week the 30 & 20%...   Limit Your "Wants" to 30 Percent This sounds great on the surface. Can you put 30 percent of your money toward your wants? Hello, shoes, weekend trip to Tobago, liming every Friday? Not so fast. Remember how strict we were with the definition of a "need"? Your "wants" [...]

By |2019-08-19T08:30:35-04:00August 12th, 2018|Money Management Tips|0 Comments

Financial Independence…Part 3

So how do we calculate your Financial Independence Figure?  Written as a formula it is:   Investment Income > Personal Financial Needs   Investment income is the money you receive from investment assets like real estate, stocks, and bonds (refer to articles on Passive Income). When your investment income exceeds your personal financial needs, you [...]

By |2019-08-19T12:50:40-04:00May 13th, 2018|Money Management Tips|0 Comments

Financial Independence…Part 2

Before you can declare “Financial Independence” you must know what your financial independence figure is. Your financial independence figure tells you when you’re free from the need to work. It’s basically a math equation.  But calculating your personal financial independence figure is about much more than money or math.  It’s about your life, lifestyle and what [...]

Tax Planning for Individuals

“INTAXICATION”!  Did you know this word even existed? We sure didn't! It is the intoxicating feeling you get when you complete your taxes! It’s an AWESOME feeling, right? Do you know if you plan your taxes right, you will NEVER have REFUNDS?  This increase your monthly tax home pay and That REFUND which you will [...]

By |2019-08-19T13:22:57-04:00November 27th, 2016|Money Management Tips|0 Comments