Showing posts with label saving. Show all posts
Showing posts with label saving. Show all posts

Monday, September 17, 2018

INVEST WITH WHAT?

Courtesy of pinterest


We want to be able to live on our earnings for a long time. The longevity rate is higher (some folks are living in their 100's comfortably!). We want our monies to stretch beyond our retirement and live our best lives. How can this be done when even though we have savings, the rate is not very good. Lots of people can have numerous channels of residual income and some can dry up in an instant! There is concern about being healthy and staying that way. So what is one to do to make those dollars s-t-r-e-t-c-h? Invest!

Dot, I barely have a thousand dollars in the bank so how in the yell can I invest? Those people who invest had tons of money and I am still in the process of building my coins and paper. What I am suppose to do? Why not start with little and build?! I can hear the groans, doubts, questions and outright complaints. Seriously, if you click on the link below and read the information carefully, I assure you , you will get started and be on your way to building a nice portfolio for you!










I learned about the stock market long ago when one had to have lots of money to invest. I retained that information and over the years I learned of companies that accepted small investments. I saved what I had and began to invest; of course it was small but how do you think an oak tree grew? From a small acorn! I now own some interest in Nike (I was a fan long ago, I was glad I could invest now!), as well as other companies and steady building!

So click on the link above, read, and even ask questions if you need to. Please do not delay in building your wealth as a frugal person (lots have, why not you?). Under no circumstances must those naysayers be a part of your decision making. I have learned that those who have done it and succeeded are the ones you seek advice from. Period.

Until next post always stay....


Frugal and Proud!

Dot


More Articles:









Monday, July 2, 2018

HOW TO FORGIVE YOURSELF FOR YOUR MONEY MISTAKES

Courtesy of Pinterest


You blew hundreds of dollars on those clothes that you did not need. Your closet was already full to the brim. Goodwill or local consignments would love to be friends with you yet you hold on to those 'needed items' just in case. 

That vacay you so desperately wanted to go on despite the fact you did not have the funds is charged on your credit card. This happened after you paid it off and wanted to cut it in half. You decided to hold on to it...maybe just once more and then cut it up.

Ok, your neighbor has better tools than you and you want what you want. You blow a bankroll on tools that will sit in the shed for how long? Months, years maybe.

After your war on spending and not sticking to a budget, the casualties result in debts to the wazoo! You ask yourself how in the glorified hell did you do this. Once the initial shock wears off, the reality sinks in: you are in debt and need help, period...that part.

You want to cry, scream, cuss yet once those emotions have run their course, it is time to sit down and get serious. Those debts won't go away by themselves so it is best to form a plan, write it down, do research on how to get out of debt (Dave Ramsey can help). 

The dust has settled and you are taking action on your plan. One of the most important things to do that folks ignore a lot of the time is forgiving themselves for the money mistakes! It is very important to forgive because what's done is done and now you are rectifying the situation by changing your behaviors. I believe this is one of the keys to money success along with budgeting, giving, and saving (these topics are for future posts😃).

Please comment below and let me know what you think.
Remember to be frugal and proud!

Dot😇