OUT OF TOUCH + It is absolutely OK to be out of touch with everything but people. You don’t need to know anything about “GEN Who?”You don’t need to know the latest slang.You don’t need to know who won some game, or what TV show is “hot.”You don’t even need to know technology, how to …
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Tag:Finances
GUEST POST from DON – $$ Talk
THE $$ TALK My wife and I often talk about finances. We turn off all electronics and update each other; the budget, the balances, the buoyancy. I tell her what I want to do, she tells me what she dreams doing. Good or bad we must choose well. With our financial resources we only have …
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GUEST POST from Don – Sunk Cost Fallacy
To my readers:Hey! Last year I shared “Christmas on Blurry Mountain” and several indicated they would like to see more about Blurry Mountain. I am working on a prequel “The Unsettling” about the family which founded the farm on the mountain. I’ve gotten them from Wales to North Carolina. Am working on getting them to the mountains of Tennessee/North …
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GUEST POST from Don – Buying A Job
BUYING A JOB When jobs are not plentiful (that could be any time, really) people imagine that they could turn a hobby into a business. Some try to land several jobs at the same time (and with work at home programs, some are successful at doing more than one job at the same time … I …
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GUEST POST from Don – My Retirement Plan
MY RETIREMENT PLAN A quote from a retirement money expert: “”We’ve learned that people make many mistakes, and particularly, sadly, less educated and poorer people tend to make worse mistakes.” I was on a site today that allows comments and I was shocked how many commenters got Social Security facts wrong. Its no wonder, Social Security is a …
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GUEST POST from Don – Can I Retire?
CAN I RETIRE? Retirement requires a bit of math. You’ll need to know your sources of INCOME? Will you have a pension, business income (even sharpening mower blades), and Social Security? The more “sources” of income the better. Are you planning to live off your savings (see if you can delay that)? You can’t retire until you know how much …
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GUEST POST from Don – Loans
WHY LOANS? Whose money is it anyway? If it is mine I can use it ONCE any way I want. But if I loan it to someone else I get to use it again and again. That’s the concept of a savings account or an IRA. Or if I use it to start a well-researched business it can give …
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GUEST POST from Don – Not Worth Extra
NOT WORTH EXTRA The following is about how we THINK and how to change how we think. I will use money to illustrate. I’m working through this saying… “Some things are worth the extra they cost” Ask 50 people and you’ll get 50 answers. They’re all wrong, but they are adults and they have equity retirement investments and their …
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GUEST POST from Don: Negative Equity
NEGATIVE EQUITY FACT: Nearly 25% of new car buyers right now are trading in a car that is worth LESS than they owe (the average is $6,000 upside down). Don’t be one of those! If the bank will allow you 6 years…don’t take it. Pay it off in 5. If you can’t afford to pay it off in …
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GUEST POST from Don – Floating
FLOATING thru RETIREMENT May 9, 2024 article by Lorie Konish was at CNBC and had some interesting facts. She reported, for example that …4% of retirees say they are “living the nightmare financially.”15% say they are “struggling.”and another 34% are “not great, but not bad.” To summarize, 43% of retirees are under water, treading water, or …
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