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What you should and should not do when it comes to personal finance.

YES! Invest your , you should try to become an owner rather than renting. A property is an asset that you can always resort to when you need finance or eventually sell it while a rented property is nothing but an expense.YES! Follow this advice but do not take it as strict rules. Your money is yours and you should spend it the way you want. Just make sure that you enjoy it and still leave enough for emergencies and for your future. Life holds many unexpected circumstances both positive and negative and you should be prepared for both types.

I’m not sure if I’ll be able to get through this whole article without a break so please bear with me. I’m going to share a story with you from my own experiences of dealing with the after effects when someone close to you dies. As you read, keep in mind the financial implications of the situation that plays itself out over and over again in our lives and the lives of people we love.

Financial freedom is a bit of a misnomer. Having financial freedom is defined as being in a place in your life where you no longer have to work to pay for your living expenses. To me, having financial freedom is more about time than money. What could be better than having the time to do what you want without having to work?

That said, many people seem to confuse being financially free with being debt free. Debt has very little to do with financial freedom. If your income is enough to cover it without you having to work, you are financially free. Even if you have $5,000 a month in credit card payments, if you have the money to pay them and you don’t have to work for it, you have financial freedom.

Credit Report Errors

The credit reporting industry is far from perfect. And yet your entire financial life depends on the content of your credit report. Two-hundred million consumers have credit records with the three major bureaus. Over one-hundred and fifty million of these consumers have errors on their reports. The potential impact of these errors is tremendous. Virtually all lenders, from mortgage lenders to auto finance companies will determine your interest rate based on your credit scores. Even minor errors may have a major impact on your credit score; this can translate into higher payments on every dollar that you borrow.

One of the best ways to reclaim your financial future is to repay those high interest consumer loans and then restrict the use of credit cards to emergencies and fast investment cash.

Therefore, a crucial step in creating wealth is to reduce your dependence on credit cards and ensure future monthly payments on all of your cards combined never exceeds 10% of your after tax income.

Consumer debt is usually used to finance the purchase of “nice to have” things–which typically depreciate in value. Whereas, investment debt is the use of financing to purchase things which go up in value, like real estate, antiques, and well-run businesses.

Have you ever received a letter, call or email from someone telling you that you have unclaimed money owed to you? Did this person want to charge you to get you back your own money? If you are like most people, paying someone to recover your own money probably didn’t sit too well with you. There is another way to get your unclaimed money and not feel like you got taken to the cleaners. This article will tell you how.

WHAT IS A PROPERTY LOCATER OR HEIR FINDER?


The process of “funds recovery” or “money finding” is not illegal. The people who provide this service are usually called a property locater service or heir finder.

Chances are 8 out of 9 that you have money you don’t even know has been taken from you! Really, this is Not a Joke!!! And I know who took it and where they put your money!

There have been MILLIONS of people who have had their money taken away without them knowing it! The money now totals $35 BILLION!

Ready for the secret? This money is part of the nations unclaimed money!

Unclaimed money comes from money places:

The Fair Credit Reporting Act (FCRA), and the Fair and Accurate Credit Transactions Act (FACTA) amendment to the FCRA of 2003, is the federal legislation that governs the credit reporting industry. Statutes of limitation for reporting time limits are provided by this legislation. Knowing how these time limits work is essential to any effective credit repair effort.

In Plain English

It is a proved fact that the State of Florida is holding two billion dollars that is actually owed to eight million people all over the country. The money, which is being held by Florida Department of Financial Services is just lying there because the owners of the money have forgotten its existence.

The problem of unclaimed cash is not restricted to Florida alone. The problem extends to all the states in the country. The advertisements released to spread awareness are not effective.

Financial literacy is a class worth taking…if you can find a class on financial literacy that is. Out of all the Universities in America not one has a course on financial literacy. It’s funny, here we are in 2007, teaching facilities everywhere with kids on the inside, studying, with the ulitimate goal of graduating and making tons of money. But we never talk about money. In todays society it is almost taboo to bring it up. You probably don’t even talk about it at home. How do you expect to understand money if you are not allowed to talk about it.