20 Quick Tips From People Who Are Winning With Money!!!

My beautiful wife and I recently completed Financial Peace University at our church – Bridgeway Christian in Roseville.  It was a wonderful experience that actually brought our entire marriage closer together.  Yes, we had argued about money prior to the course, and even more during the 9 week course, but it was revealing things that otherwise would not have been exposed on our own.  It forced us to verbalize our views and goals about money.  Now we have a unified goal and are moving together in the same direction.  I highly recommend the class.  It impacted us so positively that we are looking to be co-leaders for the next 9 week class in the Fall.  Come join us!  I receive Dave’s newsletter and thought I would pass along this article.

Financial Peace University really does work and you can join my wife and me at Bridgeway Church for the start of another 9 week schedule.  *No, this is not a picture of us! 😉

Do you ever get frustrated trying to figure out how much to tip?

Next time you’re out to eat and not sure how much to tip your waiter, try this: Double the tax. Depending on where you live, this number will be 12–20% of your total bill. Then you can increase as needed. So easy!

We can all benefit from a few quick money tips, so we asked people who’ve gone through Financial Peace University (FPU)—Dave Ramsey’s most popular nine-week class about money management—to share the most valuable lesson they learned.

Here’s what they had to say:

1. Keep your savings account at a different bank than your checking account.
“That way you don’t see your savings every time you log into your account. You won’t be tempted to transfer it or use it. Out of sight, out of mind!” — Michelle M.

2. Use the budget to help you reach fun goals.
A budget isn’t something you have to do because you’ve been bad. It’s something you do so you can be good. We’re going to Disney and paying cash!” — Alex S.

3. Only buy what you need (and can afford).
“Even though something is a good deal, it doesn’t mean you should buy it.” — Anne M.

4. What matters isn’t how much you’re allowed to borrow but how much you have in the bank.
“Who cares about my FICO score? I don’t.” — Hyunmee P.

5. Don’t let discouragement keep you from making a budget.
“There’s always hope when you have a plan.” — Brandon C.

6. Go old school and balance your checking account.
“This is essential! Balance your checking account so you know where you’re at and then begin with a basic budget. It’s all about taking baby steps.” — Kay N.

7. Give yourself some fun money so you’ll stay on budget.
“I was swiping my card for miscellaneous things. It turns out we were blowing the budget by $150 to $250 a month! I just needed to issue myself an envelope system for pocket money. Now I even have money left over at the end of the month!” — Rick M.

8. Say goodbye to all of your debt.
“I grew up with the misconception that having car loans, a house loan and student loans was something everybody did when they got older. I don’t consider myself debt-free simply because I don’t have any credit card debt. My husband and I are working at paying off all of our debt!” — Amy M.

9. Be patient with purchases—and with yourself.
“We learned to be patient while saving up cash to purchase a new appliance, go on vacation, or buy a car. We also spent over 20 years learning that debt was good, so it took some time to unlearn these things and replace them with new behaviors.” — Katherine E.

10. Get on the same team with your spouse.
“Sitting down together and going over the bills and budget has changed our marriage. There are no more fights about money. We budget together.” — Trina G.

11. Set up a savings fund for irregular expenses.
“My son had just started preschool when I took FPU, so we were in and out of the doctor’s office every week. I now set aside a few dollars in my budget each week for copay and prescription costs. This is a godsend!” — Sandy C.

12. Don’t believe everything society tells you about money.
“Debt can steal your future. It’s so important for kids to understand how to deal with money and debt—and what the consequences of their decisions will look like. You can make better decisions when you know all the facts.” — Susan K.

13. Be prepared for emergencies.
“Having an emergency fund for a rainy day will prevent you from getting a credit card and falling into debt.” — Hyunmee P.

14. Tell your money where to go.
“We learned the importance of a budget and telling our money where to go. It works! We’re now debt-free—that $89,000 owed is gone!” — Angelica A.

15. Put your long-term goals in the right order.
“Retirement should come before saving for my child’s college. I didn’t really think that through before taking the FPU class.” — Shawn H.

16. Use the envelope system.
“Pull money out of your account and put it in envelopes. If it isn’t in your envelope, you can’t use your debit card. We found when we stopped using envelopes for a month we busted our budget. Back to envelopes it is!” — Jennifer B.

17. Talk with your lender to solve any problems while you’re paying off debt.
“Always work with your credit card companies. My bank overcharged me interest, and after we talked, they ended up sending me a check.” — John S.

18. Embrace the power of cash.
“I bought several cars with cash and saved on the purchase price. Also, letting go of cash in hand hurts. I’ve walked away from many purchases in order to keep the cash in my hand.” — Desiree E.

19. Be generous.
“The most important lesson I learned in FPU was to set myself up to be a blessing to others—whether it’s by giving sound financial advice, helping people draft a monthly budget, or giving to someone anonymously.” — Alexander H.

20. Make daily decisions with the end goal in mind.
“The daily choices you make concerning your money dictate what options you will have. Sacrifice in the beginning reaps huge rewards in the end.” — Shelle C.

 

Matthew Stewart has been a full time real estate agent in the Greater Sacramento Area for over 18 years and has SOLD hundreds of homes.  If you have real estate questions or desire his expertise either as a seller or buyer, contact Matthew Stewart Real Estate Team

(916) 718-2979

http://www.matthewstewartrealestate.com

Advertisements

Tags: , , , , , , , , , , , , , , , , ,

About Matthew Stewart Real Estate

Matthew Stewart Real Estate Team has nearly two decades and hundreds of homes SOLD success experience! Matthew Stewart consistently is in the top 5% of Real Estate agents in the Tri-County region of Sacramento (over 4,000 Realtors), which includes but is not limited to: Granite Bay, Roseville, Rocklin, Loomis, Lincoln, Orangevale, Folsom, El Dorado Hills, Penryn, Newcastle, Auburn, and others. He began his professional Real Estate career at the age of 19. He has achieved the designation of GRI - Graduate of Realtor Institute, of which less than 15% of Realtors nationally achieve. During his Real Estate career he created the exclusive event titled “Artrageous.” A Rocklin Real Estate community chalk art event in which he partnered with the Rocklin Chamber of Commerce during their annual Hot Chili Cool Cars event. Matthew Stewart Real Estate Team generated nearly $40,000 in four years of which they donated all proceeds to the Rocklin Visual and Performing Art programs. He was pursued by William Jessup University to create their Men’s Golf Program in 2007 from scratch, and stepped down after five years as head coach in 2012 to pursue other entrepreneurial endeavors. In his time there he was asked by collegiate coaches to head up the Cal-Pac Championship tournament, (which he orchestrated at Morgan Creek Golf course in Roseville), and was asked to coordinate and run the National Qualifying tournament in which he chose to hold at the prestigious Bayonet Golf Course in the Monterey area of California. He also was a member of the Golf Coaches Association of America. In addition to his Real Estate business and coaching collegiate golf, Matthew has been a professional actor and model, professional speaker/trainer, coached high school boys basketball to a 55-9 record, including a 42 game winning streak, and built a direct sales business that spanned across the globe. He achieved levels that were in the top 5% of income earners world wide for the direct sales industry. He also was just one of 300 independent business owners that qualified for the "Seas the Moment" contest which spanned over 40 countries and over 1 million participants. If you would like to get some information regarding Matthew Stewart real estate in the Greater Sacramento Area, including Granite Bay, Roseville, Rocklin, go here: http://www.matthewstewartrealestate.com If you would like to get some information about William Jessup University, go here: http://www.jessup.edu

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: