Tag: finance

Key Performance Indicators… in finance

I have been tracking my finances with care for over ten years.  I have created countless graphs, charts, and tables to better understand my financial situation.  Specifically, I’ve looked for trends or patterns in the numbers to indicate where I should place my big bets….

Financial risk

What is the first thing that comes to your mind when you think about risk?  Are you thinking about your day to day and where you are risking your life?  For example, your daily commute to work and back.  You could also be thinking about…

No control over decisions impacting you

This is an important topic, which is often misunderstood.  No control over decisions impacting you.  It is very easy to push the blame or formulate a quick excuse of why things didn’t go your way.  For example we can say, “I did not get…

What is really important?

Imagine driving into work on your typical route and some crazed driver cuts you off. You are quickly upset and throw your arms up with emotion.  You want the crazed driver to pay for his stupidity.  Then you take a deep breath and let it go….

Education is important – part II

As mentioned previously, I have four strategies I use to reach success. Gather information/data to better prepare ourselves for the future Understand our goals and build a plan to reach them in a timely manner Learn from our mistakes Celebrate our successes The last…

Mortgage discouragement

When you look at your mortgage and see the remaining balance, you may feel discouraged.  Some will say, I have been paying my mortgage payment for years and still do not see it decreasing by much at all.  Even if you are adding more money to…

Benefits of paying cash

Of course you want to build credit.  You want a great credit score for those large purchases when you need a loan (i.e., car, home, boat).  With a better credit score, you are most likely going to get a better interest rate.  With this…

Delay payment advantage

I have worked for a fortune 500 company for many years and was always baffled by their vendor payment terms.  A vendor may have provided a service or product in January, but the vendor would not be paid until April or May.  The payment terms…

Staying motivated

Without motivation, there is nothing driving you to reach your goals.  As mentioned in my blog Realize your goals setting defined goals is a crucial step in reaching success.  One of my primary goals is to pay off my mortgage by 2023.  This will mean I…

Battle of increasing bills

3 hours 27 minutes and 18 seconds is the longest call I ever had in my life and 90% of it was me waiting on hold for the customer service representative.  This call was to US Airways many years ago before the merger with American Airlines….

Buying a car

Buying a car is a big decision and I strongly advise you to spend adequate time researching all your options.  You do not want to end up making an impulsive buy on a car because it is a decision you will need to live…

Value Grocery Shopping

For the longest time, my wife and me shopped at our local Shop Rite.  In high school, I used to work there stocking dairy products on the shelf.  It makes it that much more enjoyable to know I do not need to work for…