Wealth-building is a crockpot, not a microwave.
We buy things we don't need with money we don't have to impress people we don't like.
Pray like it all depends on God, but work like it all depends on you.
No one wins the Super Bowl accidentally. Be intentional, Be Passionate, Don't mail it in! You got this!
This is a great time for the 'guerilla marketer.' The days when you used to have to buy expensive TV time and a yellow page ad to get started are gone.
My children were taught at an early age how money works and that it comes from hard work. They've been on a commission - not an allowance - since they were little. They learned that if they worked around the house, they got paid. If they didn't work, they didn't get paid.
Life will not make allowance for you, but it will pay you what you earn.
When we talk about kids earning commission for chores, we always have at least one parent who argues that children should do chores because they are part of the family. I agree, but if you don't involve money in a few chores, you lose the teachable moments in the work, spend, save, and give principles.
You never cash out a 401(k) or IRA to pay off debt, unless it's to avoid a foreclosure or bankruptcy.
Pay your utilities, gas and other basic needs before paying on your debts.
We are all in the business of sales. Teachers sell students on learning, parents sell their children on making good grades and behaving, and traditional salesmen sell their products.
Some people are just stuck in their ways and have been brainwashed into believing that credit cards and debt are an unavoidable part of life.
Once I will warn you, and then I will fire you! I have a zero-tolerance-plus-one policy for gossip. I will teach you once, and then I will fire your butt.
If you're doing something like scheduling utility payments to come through your debit card or out of your personal checking account, that's perfectly fine. But there are much safer ways to handle situations with debt collectors. You can send a money order overnight, or wire the cash to them.
Don't react with fear and panic in the face of debt collector threats. Talk to them and explain your situation. See if you can work out a compromise.
Debt collectors like to play on your emotions because they think you'll give in and do something you can't really afford to do. Most of them don't care about you or your situation as long as they get some money.
I've seen numerous situations where collectors have taken more than the agreed-upon amount from someone's account once they gained access.
As parents, we teach our kids about things we feel competent in. That's why so many parents don't teach their kids about money.
I always laugh and say I met God on the way up, and I got to know him on the way down. And so, as I'm crashing and losing everything, a lot of people run to God when they are struggling. And I was no exception.
Would a good friend, a smart friend, encourage you to do something as dishonorable as not pay a bill you're morally and legally obligated to pay? I don't think so.
