I already know you’re going to go to the mall and when you make your transactions, you’ll be asked whether you want to apply for a store credit card. Store credit cards are essentially useless. Stick with the major cards like MasterCard, American Express and Discover which allow you to […]

This links up with a MKFP post not so long discussing integrity. We can all agree to the command “do what’s right!” The 1989 movie penned it as “Do the Right Thing”. Some may think this is reserved only for how we deal with one another when it’s actually a […]

What is a financial portfolio? In simple terms, the word portfolio is used to describe a collection of things. It can be art, stocks, bonds, real estate properties, or precious metals. Our job is to build an investment portfolio that meets our needs, fits our situations and consists of assets […]

Delaying even a small task or issue can most times result in a big expensive problem or project. Kicking the can or putting off until later can sometimes result in very expensive lessons. Procrastination costs — big time. We’ve all done it: Put off something until tomorrow that could have […]

There is an integrity and character demonstrated in how you deal with your debts. Some people freely incur debts with no thought on how they’ll be paid. Your money habits (aka credit worthiness) are an indicator of how you deal with debt. Strive to do what’s right in everything you […]

As Copts, we don’t subscribe to or have a doctrine surrounding a devil. However, if there be such a creature or idea, consider debt as your devil and don’t allow the devil to linger around you. Develop your financial plan and start your journey toward being devil-free. One approach worth […]

Most of us are financially fragile and would not be able to come up with $2,000 in 30 days without having to resort to borrowing money or pawning/selling items that we own. Ask yourself how easy would it be for you to come up with $2,000 to pay for a […]

Be clear about how you think of money and how you spend it. Money doesn’t buy happiness, but it can certainly make you comfortable. Let’s consider the time it takes you to earn money. Let’s say you earn $15 an hour at your job, and you’re considering purchasing a TV […]

1. Not buying refurbished electronics. Free yourself of the notion that refurbished electronics are rejects or failures. Any returned item gets labeled as refurbished. So, look into a good deal on perhaps a new-to-you iPhone or laptop. 2. Buying gift cards in store. You don’t know what to get your friend, but you know […]

Consider an all-cash diet. If you’re consistently overspending, this may break you out of that rut. This simple approach will allow you to see fully how much money you’re passing out. Try it for a couple of pay periods and you may be surprised and inspired to slow down. Take […]