Simple Practices that Lead to Wealth
Whenever I think of Lenders of Last Resort, I think of Gary Coleman and Montell Williams. I also think of the Payday Loan stores, conveniently located downtown and next to military bases. They are waiting for a weak moment in someone’s life to entice a new customer.
The advertising industry has done a fantastic job of convincing everyone that payments are the new currency. It’s now considered old-fashioned to save up for something before buying it. Instant gratification is becoming the norm for young people. Those who save up and pay with cash are a dying breed. This is the third post in …
This weekend, as I was saying “No” to a Walmart credit card for the hundredth time, I noticed a quota board behind the head cashier. It appears each cashier in the San Clemente store “Must Have 15 C/Cards Daily!”.
Wednesday, I figured out why Walmart is pushing so hard to sign shoppers up for their credit card.
Have you ever stopped to calculate how much you pay in interest every month? If you are like most American families, it’s probably at least a $1,000 per month and it could be a lot more.