EP52 Eric B. is President

Ep52 Eric B is President, and it obviously doesn’t matter.

Eric B for President.
Eric B for President.

In 1986 the song titled “Eric B. is President” was a #1 hit song in the Hip Hop community.  At the time it was a strange title, but the title sank in and it didn’t even matter.  The Hip Hop community went on to take over the music world and Rakim became one of the most well known and prolific rappers in Hip Hop history -still to this day.  He debuted by nominating his DJ for president, that’s 1986, talk about making America great again.

The 2016 election is over and a new president will be sitting in the White House soon.   There’s a lot of anxiety surrounding what is to become of the new presidency?  So the question remains, how will affect your daily finances, your money, your ability to save and invest because that’s all that really matters. In episode 52, what may or may not be of concern with a new presidency.

-Miles

Stay On Game Q4 EOY Planning

Staying On Game, 4th Quarter EOY Planning.

Q4 Review Time
Q4 Review Time

Now is the time to get into practice of working on a last quarter EOY (end of year)  review of annual goals and a once over of your money situation.  This week’s episode focus is on re-balancing the financial snapshot which may include everything from your different types of insurance to investments to savings, credit card interest rates and more.  Review your financial picture and bring things into focus that may need a last minute tweaking for staying on point to meet whatever goals exist, while there’s still time to see a difference.  Goals can range from reducing credit, credit balances, interest rates or saving enough for a great holiday season.  If you have no specific goals, now is also a good time to maybe get some into focus, regardless of where you are, you may want to be better. Review and re-balance inflows and spending. Get On Game and Stay On Game.

-Miles

Sucker Free Money

Don’t Be a Sucker, Don’t Pay Into Usury. Be Sucker Free.

Stay Sucker Free.
Stay Sucker Free.

Usury is the practice of having or charging notoriously high interest, costs and fees attached to borrowing money.  Federal and local governments try to protect consumers from the worst of the worst when it comes to such practices, but it’s usually after whatever company has already made a really good run and ripped off many people along the way.  In the most conspicuous ways it can be seen in credit card rates, car loan rates, housing loan rates, (sure you’ve heard enough about the housing crisis to feel like an expert on the subject) and short term loans.  Short term loans and fast cash payday loans probably being the most economically damaging of the bunch.  Still, there’s the hidden usurious tactics, yes hidden, such as the 22% fee on money transfers and so on.  Then there’s interest and fees on money that already belongs to you, instead of gaining or receiving interest, secondary financial companies are charging you for your own money.  I know, crAzy RiGht? What kind of Sucker pays to get his or her own money.  Be “Sucker Free”, don’t work for your money and then pay for your own money.

-Miles.

Car Buying Lease or BUY?

Car Buying Lease or BUY?

Lease OR BUY?

5 Reasons Why You Should Lease and 5 Reasons You Should Buy

Maybe lease today and maybe buy tomorrow.  The idea is that it really depends on your needs or circumstances, and as we all know, both variables change from time to time.  Lease options have come a good long way to reach the everyday leisure driving consumer.  For that matter, so have creative financing offers that go up to seven years now.  First you have to figure out which kind of driver and consumer you are.  Do you need to own your car and do what you want however you want and whenever to your heart’s content or are you cool how the car is already set up and primarily use it within the norm about 10k – 15k miles per year? Commuting or just leisure? A tinkerer that likes to hook your car up no matter what with rims, tints and a growling exhaust? Of course there’s an argument to be made either way, measure your needs and choose wisely, it will be a financial decision that may last a few years to come.

 

-Miles