A savings account for the lean times of your life.
Dime Three: The Blessing and Investing Fund.
A fund that is used to bless your life or perhaps the lives of others. This fund is for those non-typical expenditures that sometimes are just necessary for your life. The Blessing Fund can bless those around you or it can bless your life.
The real moral of this story, is who owns all of these funds?
These funds may be difficult to start but you must start Fund One, then you can work on Funds 2 and 3. Plant a seed and see how it grows.
Depend on Him for your needs, wants and desires. And when He supplies them, Dedicate them all to Him, two BIG D's.
Retirement Investing How can you be prepared for inflation? 1. Live for it! Don't spend more than you are receiving. Sounds simple but it's a reminder that a budget is necessary even after you retire! 2. Invest for it! Don't be so conservative so that all your investments are "INCOME" oriented and "PRINCIPAL" secured. Leave room in your investment portfolio for some growth type stocks and/or mutual funds. 3. Spend for it! Buy, those long term assets that you know you will need in the next few years. Don't use this as an excuse to purchase new items that you don't really need. But buy or set aside the money for a new roof or new car.
1. PAY OFF YOUR CREDIT CARDS. 2. ELIMINATE ALL CONSUMER DEBT. 3. MAXIMIZE YOUR RETIREMENT PLAN CONTRIBUTIONS. 4. PAY OFF YOUR MORTGAGE. 5. BUY USED CARS VERSUS NEW CARS. 6. SIGN UP FOR A MUTUAL FUND AUTODEBIT PLAN. 7. PURCHASE BLUE-CHIP STOCKS & KEEP THEM Top Seven Investments