To answer the question: Is the American Dream possible, many will say no, but based on what set of facts? What if I told you it is possible and there are more than 22 million millionaires in the United States? You may be living next door to one and not even know it. Certainly, it may feel impossible to believe this in today’s economic environment. Let’s dig into this. Currently, inflation is running hot. The price of everything is up. Have you bought gas recently? It’s a sore point with many, … [Read more...] about Is the American Dream Possible?
the bi weekly advisor
Cashless Society Pros and Cons
What would a cashless society look like? How long until we have a cashless society? Are we already in one? How often do you use cash? Let’s explore the cashless society’s pros and cons. With the COVID-19 pandemic, are we accelerating to a cashless society? How Often Do You Use Cash? Approximately 19% of all transactions were made with cash in 2021. This is down from 26% in 2019. Are we headed to a cashless society? With the use of debit cards, the dreaded credit cards, and such other … [Read more...] about Cashless Society Pros and Cons
Nine Strategies for a Debt-Free Life
A debt-free life, what would that be like and how do you achieve it? Living debt-free is a life that is stress-free. A stress-free life is something that you can become comfortable with. Once you achieve such a goal, you will never go back. Detailed below is how you can achieve a debt-free life. LIVE ON LESS THAN YOU MAKE This tip sounds simple, but it is not for many people. Most want to keep up with the Joneses. Trust me, the Joneses are not having fun. They are actually broke! If … [Read more...] about Nine Strategies for a Debt-Free Life
Beneficiaries: Why are They Important?
A task often overlooked by many is making certain that a beneficiary is named for important financial assets. If you love your loved one, do it now. Get your affairs in order. It makes no difference how old you are. This must be done for a number of reasons. The No. 1 reason is to make sure that you have provided for your loved ones. A second reason is that your wishes will be followed. If you don’t do this, the state will decide. Your loved ones will need to show proof that they have a … [Read more...] about Beneficiaries: Why are They Important?
Having a Say in Where Your Tax Dollars Go
Do you like the way the folks in Phoenix spend your tax dollars? Well, there is a way you can direct your tax dollars. They can be kept local. You have the power to make it happen. In Arizona, you can make a donation to a qualified organization and receive a dollar for dollar credit against the Arizona state tax you owe. This donation will put you in a situation where you will be in what is considered a tax neutral position. In other words, you will have satisfied your tax liability by making … [Read more...] about Having a Say in Where Your Tax Dollars Go
