Category Archives: Myths vs. Truths

It’s never too late to change your financial future!
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“The best time to plant a tree is twenty years ago. The second best time is now.” ~ Chinese Proverb I love this quote because we can apply it to so many things in our lives, including our own personal … Continue reading →

Posted in Building Wealth, Myths vs. Truths | Tagged , , , , , | 2 Comments

I’m Working On My Debit Score
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I have a motto: “Say NO to FICO, I’m working on my DEBIT SCORE”. FICO is the company that collects consumer credit data.  They are in the business to sell this information to companies and offer to sell it to you with your “Credit … Continue reading →

Posted in Beating Debt, Money Myths, Personal finance | Tagged , , , , , | 7 Comments

Myths vs. Truths: The Truth About Flood Insurance
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Myth: My house isn’t in a flood plain so I don’t need flood insurance. Besides, it’s too expensive. Truth: You need flood insurance, and it’s so inexpensive you’re foolish not to get it. This subject confuses a lot of people. … Continue reading →

Posted in Money Myths, Myths vs. Truths | Tagged , , | 2 Comments

Myths Vs. Truths: The Truth About Saving for Retirement
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Myth: I can save for retirement when my income increases. There’s always more time to invest. Truth: Time is running out and waiting to invest guarantees you an undignified retirement. Let’s use the example of brothers Ben and Arthur. Ben … Continue reading →

Posted in Money Myths, Myths vs. Truths | Tagged , , , , , | 3 Comments

Myths vs. Truths: The Truth About Credit Card Rewards
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Myth: Credit Card Rewards are a smart way to build your credit score and to earn something back while spending. Truth: You end up spending more money to earn your Credit Car Rewards than the reward is worth. The first … Continue reading →

Posted in Money Myths, Myths vs. Truths | Tagged , , , | 3 Comments

I’m an Idiot, not a Financial Expert
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Matt Wegner is a finance and business coach dedicated to teaching the principles of successfully living debt free. Learn more at www.financialexcellence.net <object width=”425″ height=”344″><param name=”movie” value=”http://www.youtube.com/v/9bvyzoOZDwA?hl=en&fs=1″></param><param name=”allowFullScreen” value=”true”></param><param name=”allowscriptaccess” value=”always”></param><embed src=”http://www.youtube.com/v/9bvyzoOZDwA?hl=en&fs=1″ type=”application/x-shockwave-flash” allowscriptaccess=”always” allowfullscreen=”true” width=”425″ height=”344″></embed></object>

Posted in Leadership, Money Myths, Myths vs. Truths, Video Posts | Tagged , , , | 1 Comment

Friday Money Funnies: Dave Ramsey Debunks Debt & Tax Myths
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Dave Ramsey makes fun of people who recommend keeping a mortgage for the sake of the tax deduction. Find more funny money videos at financialexcellence.net

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Live Webinar to Support the Kayleigh Ali Vascular Anomalies Foundation
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What if you could get some great financial advice at a steep discount AND support a great cause at the same time? That’s exactly the question we asked ourselves a few days ago. So we decided to provide that opportunity … Continue reading →

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Myths vs. Truths: The Truth About Credit Cards & Emergencies
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Myths vs. Truths – Exposing the false beliefs of the financial world Myth: It’s smart to keep at least one credit card for emergencies. Truth: An emergency is NOT a good time to borrow more money. Using a credit card … Continue reading →

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Money Myths: The Truth About the Cost of Retirement
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Myth: My expenses will go down when I retire so I don’t need to save as much for retirement. Truth: With inflation, taxes and medical bills, your expenses will go up when you retire so you need to be prepared! … Continue reading →

Posted in Building Wealth, Money Myths, Myths vs. Truths, Retirement | Tagged , , , | 2 Comments