“It’s the most wonderful time of the year…for the credit card companies. There is much jingle belling and hearts will be telling of credit galore. It’s the happiest season for more.” Ok, so I reworded the old classic Carole. But someone needs to say it, “don’t spend more than you can afford on Christmas- this year.” Reign it back in if you didn’t save well.Continue reading
Do You Have a Wonderful-Life Financial Plan?
We all grow up dreaming of a Wonderful Life. Family and friends who love us. Good job. Nice house. Plenty of food. Enough money to take care of our needs and even some of our wants. When I got married one of my friends was asked to give us some marriage advice. His advice was classic. “Tim, give Terri everything she wants.” He added, “and Terri, only want what you need.” I can still remember his wife catcalling from the background about his bad advice. But, behind his playful banter was a principle. And the principle is this; for a family to be successful the family has to be on the same page and have a plan. Particularly in the area of money. Nothing will challenge a marriage more than how to manage the family resources.Continue reading