Something To Think About

Something to think about. If a church or temple has been renting for ten to twenty years, just say the church is paying $1,000.00 a month. Let’s do the math. $1,000 x 12 = $12,000.00 per year. $12,000,00 x 10 $120,000,00 and $ 12,000.00 x 20 =$240,000.00. We all have to start somewhere but here

Pay Yourself First. Always.

This week’s MKFP is inspired by the Black Hedge Fund Group. Nearly half of all Americans say they cannot afford an unexpected $400 expense and nearly half of all Americans say $400 is too much if they had to come up with that amount in an unexpected emergency. 47% of those polled said they either

The Poverty Mindset

Debt is a form of the grave. Metaphors often refer to debt as being in a hole. Fellow Copts, let’s apply our anthem to this condition and proclaim that no grave will hold us down. As we draw closer to this season of consumption, please make sure your house is in financial order and free

Credit Cards | Soft and Hard Inquiries

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 accumulate points for travel, cash

Financial Goals

Any time that we want to change our financial picture, we need to start by setting financial goals. Many people look at the New Year as a good time to begin making changes and creating new financial habits. In order for our changes and goals to be successful, we should set goals with small attainable

Stocks In Place of Traditional Gifts

Instead of buying toys and products for your children, consider purchasing stock. Mattel (MAT) stock is trading at $26.25 Hasbro (HAS) stock is trading at $68.37 Sony (SNE) stock is trading at $24.34 Think and do activities that demonstrate your freedom. This has been our money kingdom financial perspective. May I AM THAT I AM

Budget Like A Pro

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 a daily Money Minute. Set

Year-End Financial Freedom

Consider your relationship with money and how you’ve used it. The point of this introspection is to try and understand your relationship with money and how you use it in your life – understand the areas where you’re weak, the areas where you’re strong, and how you can improve the weaknesses and leverage the strengths.

Life Insurance

It’s a New Year and the best time to get your house in order by setting some basic family financial plans in motion. If we focus on one task at a time, your family’s financial footing can be established by February. Let’s start with life insurance. Ask yourself 3 questions: are you married? Do you

Trusts and Wills

Continuing the theme of getting your house in order by focusing on one task at a time, your family’s financial footing can be established before February. Last week we highlighted life insurance. This week let’s consider trusts and wills. Fact is, most Americans don’t have a will, let alone a revocable living trust which is