Financial Freedom

Three reccomendations for boosting FINANCIAL success…

1

Buy experiences — such as vacations and outings with friends or loved ones.

2

Spend on others instead of solely on material possessions.

1

Establish automated payments and savings that lessen daily worry about money.

Rath, Tom. Wellbeing: The Five Essential Elements (Kindle Locations 559-565). Gallup Press. Kindle Edition.

Financial Literacy Series

Financial Literacy Pamphlets Index:

 

How Money Works

Gainful Employment – Value vs. Cost

Checking & Savings Accounts

Credit Cards Taxes Pay My Bills Loans and Interest
Auto Loans Insurance Paying for Education Planning for the Future The Dangers of Debt My Credit Score Shop Now

How Money Works

Setting Financial Goals

Creating A Budget

Understanding the Importance of Credit

Managing Your Money

Gainful Employment - Value vs. Cost

Analyzing a Target Job

Costs of Training

Career Return on Investment (ROI)

Budget Ratios

Building Work Experience

Career Stacking/Latticing

Checking & Savings Accounts

Checking & Savings Account Basics

Electronic and Online Banking

Overdrafts and Overdraft Protection

Choosing Accounts

Basics of Interest

Creating an Emergency Fund

Setting Savings Goals

Credit Cards

Credit Card Basics

Credit Card Statements

Interpreting Calculations on Your Credit Card Statement

Other Limits and Fees

Choosing a Credit Card

Taxes

What Are Taxes?

Types of Taxes

Withholding Taxes

Pay My Bills

Online bill-pay through your bank

Using e-checks

Pay by credit card

Pay by check

Tracking expenses

Loans and Interest

Loan Basics

Interest Rates

The Truth in Lending Act and Selecting a Lender

Auto Loans

Car Buying Basics

New vs. Pre-Owned

Leasing vs. Purchasing

Insurance

Insurance Terminology

Life Insurance

Health Insurance

Auto Insurance

Homeowner’s and Renter’s Insurance

Paying for Education

Ways to Pay for Education

Student Loans

Tuition Reimbursement from employer

Tracking Costs

Planning for the Future

Setting Financial Goals for the Future

Short and Long- Term Financial Goals

Owning a Home

Home Mortgage Basics

Planning for Retirement

Stocks, Bonds and Funds—At-A-Glance

The Dangers of Debt

Myths associated with debt (including credit cards, payday lending, rent-to-own, debt consolidation, leasing automobiles and co-signing loans)

The history of debt and how to avoid it

The aggressive marketing of debt, particularly to young people

My Credit Score

How to read a credit report

What elements make up the credit score

Improving your credit score

How to correct information on a credit report

F

Money and its Importance comes down to our Assumptions

Who should you listen to when it comes to your MONEY?

Do the personal finance gurus have all of the answers? Or should you rely on the social class system, supposing that people make rational decisions resulting in optimal monetery gain?

The reality is:

FINANCIAL WELL-BEING IS NOT ABOUT THE AMOUNT OF MONEY YOU HAVE BUT RATHER THE FINANCIAL SECURITY YOU ARE ABLE TO BUILD. 

There are ideals being thrown around right and left about:

  • Money can’t buy you happiness
    • translate to “I don’t have any money myself
  • Money can buy you happiness
    • Happiness does not always equal well-being

At the end of the day you can easily count Money, but it’s still a highly subjective variable in your life. If you want to improve your FINANCIAL WELL-BEING, your first step is to make sure your Career Well-being and your Social Well-being are THRIVING. Income, debt, and net worth are some of the most common tools we use to evaluate the overall health of our finances. Financial Well-Being is most accurately defined as: managing personal finances well to create financial security. The reality is you must work to eliminate the day-to-day stress caused by debt while building up your financial reserves. The areas that should get the most attentions are spending wisely and not frivulously, purchasing experiences over things, and giving to others.  The ultimate benefit of Financial Well-Being is the financial freedom to spend even more time with the people whose company you enjoy most. 

1

Buy experiences — such as vacations and outings with friends or loved ones.

2

Spend on others instead of solely on material possessions.

3

Establish automated payments and savings that lessen daily worry about money.

Rath, Tom. Wellbeing: The Five Essential Elements (Kindle Locations 559-565). Gallup Press. Kindle Edition.

Financial Literacy Series

Financial Literacy Pamphlets Index:

How Money Works

Gainful Employment – Value vs. Cost

Checking & Savings Accounts

Credit Cards

Taxes

Pay My Bills

Loans and Interest

Auto Loans

Insurance

Paying for Education

Planning for the Future

The Dangers of Debt

My Credit Score

How Money Works

Setting Financial Goals

Creating A Budget

Understanding the Importance of Credit

Managing Your Money

Gainful Employment - Value vs. Cost

Analyzing a Target Job

Costs of Training

Career Return on Investment (ROI)

Budget Ratios

Building Work Experience

Career Stacking/Latticing

Checking & Savings Accounts

Checking & Savings Account Basics

Electronic and Online Banking

Overdrafts and Overdraft Protection

Choosing Accounts

Basics of Interest

Creating an Emergency Fund

Setting Savings Goals

Credit Cards

Credit Card Basics

Credit Card Statements

Interpreting Calculations on Your Credit Card Statement

Other Limits and Fees

Choosing a Credit Card

Taxes

What Are Taxes?

Types of Taxes

Withholding Taxes

Pay My Bills

Online bill-pay through your bank

Using e-checks

Pay by credit card

Pay by check

Tracking expenses

Loans and Interest

Loan Basics

Interest Rates

The Truth in Lending Act and Selecting a Lender

Auto Loans

Car Buying Basics

New vs. Pre-Owned

Leasing vs. Purchasing

Insurance

Insurance Terminology

Life Insurance

Health Insurance

Auto Insurance

Homeowner’s and Renter’s Insurance

Paying for Education

Ways to Pay for Education

Student Loans

Tuition Reimbursement from employer

Tracking Costs

Planning for the Future

Setting Financial Goals for the Future

Short and Long- Term Financial Goals

Owning a Home

Home Mortgage Basics

Planning for Retirement

Stocks, Bonds and Funds—At-A-Glance

The Dangers of Debt

Myths associated with debt (including credit cards, payday lending, rent-to-own, debt consolidation, leasing automobiles and co-signing loans)

The history of debt and how to avoid it

The aggressive marketing of debt, particularly to young people

My Credit Score

How to read a credit report

What elements make up the credit score

Improving your credit score

How to correct information on a credit report

F

Money and its Importance comes down to our Assumptions

Who should you listen to when it comes to your MONEY?

Do the personal finance gurus have all of the answers? Or should you rely on the social class system, supposing that people make rational decisions resulting in optimal monetery gain?

The reality is:

FINANCIAL WELL-BEING IS NOT ABOUT THE AMOUNT OF MONEY YOU HAVE BUT RATHER THE FINANCIAL SECURITY YOU ARE ABLE TO BUILD. 

There are ideals being thrown around right and left about:

  • Money can’t buy you happiness
    • translate to “I don’t have any money myself
  • Money can buy you happiness
    • Happiness does not always equal well-being

At the end of the day you can easily count Money, but it’s still a highly subjective variable in your life. If you want to improve your FINANCIAL WELL-BEING, your first step is to make sure your Career Well-being and your Social Well-being are THRIVING. Income, debt, and net worth are some of the most common tools we use to evaluate the overall health of our finances. Financial Well-Being is most accurately defined as: managing personal finances well to create financial security. The reality is you must work to eliminate the day-to-day stress caused by debt while building up your financial reserves. The areas that should get the most attentions are spending wisely and not frivulously, purchasing experiences over things, and giving to others.  The ultimate benefit of Financial Well-Being is the financial freedom to spend even more time with the people whose company you enjoy most. 

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