Financial information is the key to change.
Unfortunately, for most of us, basic financial information is not taught in schools. We live in a country that continues to pass out diplomas to people who lack healthy financial skills, creating a society not prepared to handle the financial ups and downs of everyday living. The road to financial freedom is paved with information; join me on my journey.
Lucille Tyler Baldwin
Author of "Sick and Tired of Being Broke"
Wednesday, February 19, 2014
Tuesday, February 18, 2014
MONEY - SAVING - CHALLENGE!
How long does it take to form or change a habit? I have no idea - I just wish that there was a magic wand or potion that could make me instantly develop good habits. I would drink a language cocktail so that I could speak Spanish fluently, and a double exercise cocktail so that I could have a beautiful flat stomach.
Since there are no magic potions it will be necessary for us to take a leap of faith and depend on ourselves. I need volunteers to participate in the challenge (I am looking for my Miller Homes family from New Jersey to participate!)
If you are interested in forming a habit of saving money - then take the challenge. Leave a message in the comment section. If we share DNA I am also looking for you to take the savings challenge. If we are of the same gender "ladies" then I am looking for you to take the challenge. I am calling all men - I challenge you to take the savings challenge.
What will we have to show for our lives if we never keep a portion of what we earn? Are you content with the state of your finances? Do you have money set aside for emergencies? Have you started saving for retirement? How about the children that you love - have you started a college fund?
We are never too young or too old to get started. No amount is too small. At the end of each day I need EVERYONE - this means YOU! - to start cleaning out your pockets, handbags, purses, book bags, and find all your loose change. Did you know that if you save an average of $1.37 a day at the end of the year you will have $500.00?
I need EVERYONE - YES YOU - AND YOUR KIDS -AND YOUR SISTERS - AND YOUR BROTHERS - AND YOUR BFF - to find a mason jar, a box, a bag, or a bank and start saving your loose change. We have the remainder of 2014 to develop the habit of saving a portion of what
|THE FUTURE IS COMING - HAVE MONEY TO LIVE IN IT!|
Monday, February 17, 2014
Sunday, February 16, 2014
Saturday, February 15, 2014
Friday, February 14, 2014
Tuesday, February 11, 2014
We will die young or eventually reach the age of retirement. Young people believe that retirement is something that only happens to old people. Guess what? At the end of each day you are one day closer to "old age" and one day closer to reaching the age where people start to retire.
No worries old age is for "old people." No need to think about growing older or how you will eat, live or pay your way - those concerns are for "old people." NO WORRIES - The money will come from somewhere!
According to the Social Security Administration, if you randomly take 100 people at the start of their working careers and follow them for 40 years, at retirement age:
Because of a lack of knowledge and naïve assumptions, Social Security has unfortunately become the main source of income for almost 50% of retirees. In reality, a monthly social security check will only replace about 40% of a worker’s earnings, and alone may not even provide a standard of living above the poverty line. Nevertheless, according to the US Department of Health & Human Services, 96% of all Americans will retire financially dependent on the government, family or charity.
Tuesday, December 3, 2013
Wednesday, November 20, 2013
TAKING CHARGE OF YOUR MONEY
Do we continue feeding our minds with chaos such as reality television shows that teach us that behaving badly is okay, movies that teach our children how to become the next jack a** stars, or shows that teach our daughters that being a bad girl is cool? Do we continue spending billions of dollars on violent video games that seem to sap our children of creativity, respect and patients?
Do we continue to stand in long lines on Black Friday to spend borrowed money? Do we continue creating debt that will take us years to repay? Do we continue putting on a happy face pretending that life is great? Will we spend another year thinking of reasons not to take charge of our financial situation? Will we spend another year helping to create additional wealth for the haves?
It is time for us to take charge of our money, reduce our debt and start paying ourselves.
Lucille Tyler Baldwin
Thursday, November 7, 2013
Wednesday, December 5, 2012
Debt is debt- we can all learn together.
Wednesday, November 21, 2012
I am now seeking an agent that understands the need to empower our children with basic financial information. I am seeking an agent that believes as I believe - that learning basic financial information can give us the power to make better financial choices. If you are that person than please contact me at firstname.lastname@example.org