Avoiding D.E.B.T. Tip of the Day
Don't sign up for retail store credit cards simply because you will receive a one-time discount. Not only is your credit score likely to drop because of an additional inquiry, you are also giving yourself another reason to overspend.
Top 10 Money Etiquette Rules
1.WHENEVER THERE IS AN EXCHANGE OF MONEY, PLACE THE MONEY IN THE OTHER PERSONS HAND. DO NOT PUT THE MONEY ON THE COUNTER UNLESS ASKED TO.
2. MAKE SURE YOUR MONEY IS NOT WRINKLED OR TIGHTLY FOLDED WHEN PAYING FOR ANYTHING.
3. MAKE SURE YOU ARE CLEAR ON WHAT TYPES OF MONIES ARE ACCEPTED IN EXCHANGE FOR A PRODUCT OR SERVICE BEFORE ATTEMPTING TO PAY.
4. DO NOT PAY FOR LOW PRICED ITEMS WITH LARGE CASH DENOMINATIONS WHEN VISTING MOST SMALL BUSINESSES.
5. WHEN PAYING BACK MONEY LENT FROM AN INDIVIDUAL, USE THE SAME FORM OF MONEY THAT WAS GIVEN TO YOU. (I.E. CASH FOR CASH, CHECK FOR CHECK, ETC)
6. MAKE SURE YOU UNDERSTAND THE TIPING EXPECTATIONS OF ALL BUSINESSES YOU PLAN TO VISIT
7. NEVER TIP WITH COINS.
8. WHEN USING A DRIVE THRU OPTION AT FAST FOOD RESTAURANTS; HAVE YOUR MONEY PREPARED FOR PAYMENT BEFORE ARRIVING AT THE PAYMENT WINDOW.
9. NEVER ASK SOMEONE HOW MUCH MONEY HE OR SHE MAKES UNLESS A JOB INTERVIEW IS BEING CONDUCTED.
10. NEVER ASK HOW MUCH SOMEONE PAID FOR A HIGH PRICED ITEM, LET HIM OR HER VOLUNTEER TO TELL YOU.
Avoiding D.E.B.T. Tip of the Day
If you knew you were getting one million dollars today, what would you do first? Most of you would create a plan; but why does it take this windfall of money to take financial planning seriously? Whether you earn your first one million dollars in two years or 20 years, financial planning should always be taken seriously. It is your job to protect your first one million dollars despite how fast you earn it.
The words rich and poor have been used for thousands of years to describe a state of financial well-being. Generally, those that don't earn enough income to maintain the standard lifestyle of most citizens within a particular society are considered poor and the opposite are called rich. Some have even gone so far to use a nominal figure to determine the barometers of rich and poor, but that doesn't equate to public acceptance. While government officials may produce reports that define rich and poor, most people tend to use their own life experiences to define these terms. People that are raised in communities where most households earn more than $200,000 per year may define rich and poor much differently than people that grew up in areas where most households earn less than $60,000 per year. These differences can also show up when examining variations in job markets, religion, education, television programming, radio programming, etc. Think back to your own childhood experiences. What happened in your past that helped to shape your concept of rich and poor? Has this concept changed much or is it the same and how do you define rich and poor today? Leave your answers in the comments section and see how much we think alike or differently.
Check out these latest news headlines to make sure you are up to date on trending scams
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CCSO Warns of Potential Magazine
What happened to television shows about poor families?
Have you noticed that television producers and studio executives don't seem to think the general public is interested in watching t.v. shows featuring poor or lower income households? You probably could count the number of shows themed around these types of families on one hand. On the flip side; there are hundreds of reality shows featuring A-list and D-list celebrities. With a quick click of the remote, you can also finds dozens of television programs centered on millionaire business entrepreneurs and other wealthy industry titans. If those shows don't tickle your fancy there are plenty of family sitcoms to provide you with more opportunities to gawk at the rich and wealthy. Combine these shows with game shows and sporting programs and you will be hard pressed to find television programming about families working their way up the income ladder. Why does this large discrepancy exist? I know we like to watch television to escape reality, but shouldn't the realities of our society have more representation? Surely these producers know that most people can relate to people that have to work every day and struggle to overcome the everyday issues of most American consumers. Why does it take an extinction level event or a modern society breakdown for financial and social struggle to exist within the world of television? I don't think people were upset when shows like Good Times and Archie Bunker were a part of regular television programming. Maybe t.v. executives feel we can't handle these types of depictions of reality or maybe there is something much more sinister behind these antics. Could these shows be kept off the air because they could potentially promote frugality and less consumption? Are advertisers refusing to back these programs? I can't say any of these reasons are the real reason behind this behavior, but it does make me wonder. What are your thoughts and opinions? Leave a comment below to add your insight.
The 10 craziest things your kids have asked you money for
It's Friday night and you've just sat down on your couch after a long week at work. As you pick up the remote to watch a little television, your child decides to join you. For the next 2 minutes you listen to your child profess respect and love for your parenting efforts, but it's only a distraction. The real reason you are being buttered up is to prepare you for a request for money. Knowing their plan you prepare yourself for some sort of reasonable financial request, but then you hear something like this:
1. I need you to give me $1,000 so I can go to the ________ concert
2. I need $100 to help my friend out
3. I need $500 so I can get you something for your birthday
4. I need $300 for a school field trip
5. I need $1,000 so I can go and get a couple pair of shoes (Dopes, Jordan's, etc)
6. I need $500 so I can get this tat...........
7. I need $200 for a school project..........
8. I need $2,000 for my prom...........
9. I need $5,000 so I can record my album....
10. I need to hold your credit card.................(silence)
What other crazy request have you gotten from your kids?
Top 10 phrases to avoid while trying to talk to your spouse about money
(In no particular order)
1. I forgot to tell you.............
2. I didn't think you would care.......
3. It's not that important.......
4. Your opinion really doesn't matter.....
5. That's why I didn't tell you......
6. It's my money anyway......
7. You don't earn enough money to......
8. This is why I don't tell you about anything...
9. What had happen was......
10. I don't know what happened to the money....
Now how about you list a few......