Tagged: money smarts

Summing Up Money Fears … So, What Are Your Fears?

Summing Up Money Fears … So, What Are Your Fears?

Money Smarts … So, What Are Your Money Fears?

Everyone has at least one. It’s time to confront your deepest financial fear and get them in the open. Whether it’s the fear of the soup kitchen or of making a mistake that is financially catastrophic, you can become inhibited from taking action.

Identify them. Write them down. Just the mere fact that they are on paper opens the door for you to commit and confront them head-on. Ask yourself,

Money Fears # 6 … The Fear of Borrowing Money

Money Fears # 6 … The Fear of Borrowing Money

Money Fears # 6 … The Fear of Borrowing Money

Wouldn’t it be great to pay cash for everything, including your home? Few can. Sometimes, it makes sense to borrow money. But, over-borrowing and too much credit is quite common.

A credit card is used over 600 times every second of the day; over 36,000 times a minute; over 2 million times an hour; and over 52 million times a day. The average household owing in excess of $9,200 in credit card debt. What’s yours?