Stimulus Checks


Most of us have received or will be receiving a stimulus check. For some, whose income has not be affected by the coronavirus, this check is a windfall. Some need the money desperately because their income has taken a big hit during the quarantine.

In the article linked below, Dave Ramsey has advice for all of us regarding what to do with our stimulus money.

For information on how you can realize your financial dreams, call me at 260-413-9589 or email me at BBurtonFC@gmail.com .

https://www.daveramsey.com/blog/how-to-manage-money-during-crisis?utm_source=cnl&utm_medium=email&utm_content=4.19_cnl_blog_money_dos_and_donts_control&utm_term=lampo_split_bu&utm_campaign=cnl_newsletter&campaign_id=&lead_source=Email&utm_id=cnl_newsletter&cd17=B2C_DR_CNL_DRCOM-6865_Engaged_SegD_CNL_200419&email_id=3145068

If you will live like no one else, later you can live like no one else. - Dave Ramsey

Comments

Post a Comment

Popular posts from this blog

2020 Investment Outlook

Image
The stock market has reached new highs this year and currently, the coronavirus has the stock market pulling back. In the article linked below, Chris Hogan from Dave Ramsey’s organization gives us his insights into the stock market for 2020 as well as changes in the laws governing retirement accounts. For information on how you can realize your financial dreams, call me at 260-413-9589 or email me at BBurtonFC@gmail.com . https://www.daveramsey.com/blog/investment-outlook?utm_source=cnl&utm_medium=email&utm_content=Investing_Outlook_CNL_Special_Send&utm_term=elp_bu&utm_campaign=cnl_newsletter&campaign_id=&utm_id=cnl_newsletter&cd17=b2c_DR_CNL_ELP_11144_Special-Send-SV_20200123&email_id=3120615
Read more

Saving for College

Image
After paying off bills, developing an emergency fund and putting money aside  for retirement, many families want to start a college fund for their children or grandchildren. As with any type of investing, the sooner this is done, the greater the return. A friend recently showed me the account he set up to help with college expenses for his grandchild. At this point in time he has put $9400 into the account and it has grown to over $21,000. In addition, he was able to receive a tax credit on his state income taxes of 20% ($1,880). So, for $7520 after the tax credit, he has nearly tripled the amount of money available for tuition, books, room and board, etc. The good news is that this money will never be taxed as long as it us used for approved education expenses. For information on how you can set up a college fund for your family, please call me at 260-413-9589 or email me at BBurtonFC@gmail.com .
Read more

Who Wants to Live Like a Millionaire?

Image
Many people think that millionaires live a totally carefree lifestyle never giving money a second thought. For many millionaires, nothing could be further from the truth. Most are very diligent about the way they spend their money. You see, that’s how they got to be millionaires in the first place. They carefully considered how they spent, how they saved and how they invested their money. In the article linked below, we see that one of the major ways in which millionaires differ from non-millionaires is on spending for food. Millionaires spend less on groceries and less on restaurant food.   They also use coupons to reduce their grocery spending. Take a few minutes to read the article and consider ways in which you could live more like a millionaire. Who knows, with hard work and careful planning you could be a millionaire one day. For information on how you can realize your financial dreams, call me at 260-413-9589 or email me at BBurtonFC@gmail.com . https://ww...
Read more