Alive, America, and Anaconda: can
 do it
 TO DO LIST
<p><a href="https://corbinalexanderwealthguidance.tumblr.com/post/173631157384/corbin-alexander-weallth-guidance-posted" class="tumblr_blog">corbinalexanderwealthguidance</a>:</p><blockquote>
<p><b>CORBIN ALEXANDER WEALLTH
GUIDANCE:  </b>POSTED 05/06/2018<b></b></p>
<p><b>STARTING OUT FROM SCRATCH – </b>POST #1 IN MY SERIES<b></b></p>
<p><b>BUDGETING:</b></p>
<p>50/30/20/RULE:</p>
<p>For the person already living life, this is an essential
rule of thumb:</p>
<p>-         
50% to <b>Needs</b>:  utilities, rent, food, car insurance (<b>never buy a car on credit/payments and be </b> <b>required to pay collision coverage:  only buy a used, 3-8 years old; Honda/Kia/Toyota for the best value/bang for your buck</b>),
gas, <b>clothes allowance</b>, etc.  Essentials needed to live!</p>
<p>-         
20% to <b>Savings
&amp; Investment</b>:   used to pay bank
loans/student loans, monthly deposits into a retirement account and an investment
account, credit card payments (pay off the entire balance each month and not
just the minimum payment to avoid paying interest on interest = that’s what
eats you alive causing you to <b>NEVER</b>
pay off the balance(s)) and never buy stuff from Fingerhut/Rent-A-Center or the
like…..the interest on this stuff is outrageous and you pay 3x-5x what the item
is actually worth in the end – if you ever get to the end of the payments!</p>
<p>-         
30% to <b>Wants</b>:  vacations (limit one per year – do day trips
for the other week taken on paid vacation benefits) and future “Wants” such as
saving for a house:  if you need the
monies in less than 5 years, then bank it – if you need the monies in over 8
years, then invest it; that is the industry rule of thumb when it comes to “<b>Wants</b>”.</p>
<p>Two methods to keep you on track:</p>
<p> -         
The spread sheet method:  this is where you track your budget in MS
Excel.</p>
<p> -    The envelope method:  this is where you assign envelopes labeled by
each expense.   </p>
<p><b>EMERGECY FUND:  </b></p>
<p>This where you have a bank savings
account holding a minimum of six months of expenses to pay “<b>all</b>” your monthly bills in the event of
a job lose or an illness:  you are <b>NEVER</b> to dip into this unless you are
in a dire straight situation.  </p>
<p><b>Establish this fund FIRST before all other suggestions are followed.</b></p>
<p><b> </b></p>
<p><b>SAVINGS &amp; INVESTMENT:   </b></p>
<p>-         
Start saving for an emergency fund first.</p>
<p>-         
<b>Do not</b>
use the Overdraft protection feature on your bank debit card = avoid getting
into the habit of paying Overdraft charges over and over again!  But do have it on the account – in the event
of an emergency = like your car breaks down, etc. and avoid using a credit card
and carry a balance.</p>
<p>-         
Start an investment account at Ally.com/invest
and invest in my Model ETF Portfolio that I’ll outline at a later date…<b>stay tuned</b>!</p>
<p>-         
Start investing in my ”<b>ALL PURPOSE</b>” Model Mutual Fund Portfolio: starting in your mid-50’s/early
60’s.</p>
<p>-         
Start investing in my designated Model Mutual
Fund 80+ Portfolio in your 80’s; exact allocation percentages to also be
revealed at a later date!</p>

<p><b>CREDIT
CARDS/BANKING MANAGEMENT:</b></p>
<p><b> </b>-         
Establish a credit history at 18 years old
before working a full-time 9-5 or going to college:  now is the time to obtain a pre-paid debt
card through <b>Capital One.com</b> or a
similar lender.   And do not forget to
get a small personal loan ($1,000.00 minimum) at a <b>local bank</b> using a co-signer to qualify for the loan.</p>
<p> As you <b>SLOWLY</b>
establish a credit history; apply for a no-fee/low credit limit card through <b>Discover.com</b> and/or <b>Capital One.com.</b></p>
<p><b> </b></p>
<p><b>HAVE
YOU RUN UP YOUR CREDIT CARDS TO THE MAX AND DROWNING IN DEBT OVERALL? –
CONSIDER CLAIMING BANKRUPTCY AND START OVER – JUST BE CAREFUL; DON’T SCREW UP
AGAIN LIKE THE LAST TIME.</b></p>
<p><b> </b></p>
<p>-         
Earn interest in an interest-bearing savings or
CD account:</p>
<p>               Not all
banks are created equal; which is why most are banking wrong:   </p>
<p>               <b>BANK
OF AMERICA</b>:  This is a “fee city”
bank.  You name it, they have a fee
attached</p>
<p><b>TD
BANK</b>:  This is a bank with convoluted
morals.  Good luck banking in this
environment; more horseshit then you can shake a stick
at!  </p>
<p> -   If your balance falls below $100.00 at TD at any
given time during the month; they hit you with a $15.00 low balance fee
($180.00 a year!).</p>
<p><b>You
are better off going to a local bank or a federal credit union for your banking
needs.</b></p>
<p>BE ON THE LOOKOUT
FOR MY NEXT SERIES INSTALLMENT POST ON 6/3/2018!</p>
</blockquote>

corbinalexanderwealthguidance:

CORBIN ALEXANDER WEALLTH GUIDANCE:  POSTED 05/06/2018

STARTING OUT FROM SCRATCH – POST #1 IN MY SERIES

BUDGETING:

50/30/20/RULE:

For the person already living life, this is an essential rule of thumb:

-          50% to Needs:  utilities, rent, food, car insurance (never buy a car on credit/payments and be  required to pay collision coverage:  only buy a used, 3-8 years old; Honda/Kia/Toyota for the best value/bang for your buck), gas, clothes allowance, etc.  Essentials needed to live!

-          20% to Savings & Investment:   used to pay bank loans/student loans, monthly deposits into a retirement account and an investment account, credit card payments (pay off the entire balance each month and not just the minimum payment to avoid paying interest on interest = that’s what eats you alive causing you to NEVER pay off the balance(s)) and never buy stuff from Fingerhut/Rent-A-Center or the like…..the interest on this stuff is outrageous and you pay 3x-5x what the item is actually worth in the end – if you ever get to the end of the payments!

-          30% to Wants:  vacations (limit one per year – do day trips for the other week taken on paid vacation benefits) and future “Wants” such as saving for a house:  if you need the monies in less than 5 years, then bank it – if you need the monies in over 8 years, then invest it; that is the industry rule of thumb when it comes to “Wants”.

Two methods to keep you on track:

 -          The spread sheet method:  this is where you track your budget in MS Excel.

 -    The envelope method:  this is where you assign envelopes labeled by each expense.  

EMERGECY FUND:  

This where you have a bank savings account holding a minimum of six months of expenses to pay “all” your monthly bills in the event of a job lose or an illness:  you are NEVER to dip into this unless you are in a dire straight situation.  

Establish this fund FIRST before all other suggestions are followed.

 

SAVINGS & INVESTMENT:  

-          Start saving for an emergency fund first.

-          Do not use the Overdraft protection feature on your bank debit card = avoid getting into the habit of paying Overdraft charges over and over again!  But do have it on the account – in the event of an emergency = like your car breaks down, etc. and avoid using a credit card and carry a balance.

-          Start an investment account at Ally.com/invest and invest in my Model ETF Portfolio that I’ll outline at a later date…stay tuned!

-          Start investing in my ”ALL PURPOSE” Model Mutual Fund Portfolio: starting in your mid-50’s/early 60’s.

-          Start investing in my designated Model Mutual Fund 80+ Portfolio in your 80’s; exact allocation percentages to also be revealed at a later date!

CREDIT CARDS/BANKING MANAGEMENT:

 -          Establish a credit history at 18 years old before working a full-time 9-5 or going to college:  now is the time to obtain a pre-paid debt card through Capital One.com or a similar lender.   And do not forget to get a small personal loan ($1,000.00 minimum) at a local bank using a co-signer to qualify for the loan.

 As you SLOWLY establish a credit history; apply for a no-fee/low credit limit card through Discover.com and/or Capital One.com.

 

HAVE YOU RUN UP YOUR CREDIT CARDS TO THE MAX AND DROWNING IN DEBT OVERALL? – CONSIDER CLAIMING BANKRUPTCY AND START OVER – JUST BE CAREFUL; DON’T SCREW UP AGAIN LIKE THE LAST TIME.

 

-          Earn interest in an interest-bearing savings or CD account:

              Not all banks are created equal; which is why most are banking wrong:  

              BANK OF AMERICA:  This is a “fee city” bank.  You name it, they have a fee attached

TD BANK:  This is a bank with convoluted morals.  Good luck banking in this environment; more horseshit then you can shake a stick at!  

 -   If your balance falls below $100.00 at TD at any given time during the month; they hit you with a $15.00 low balance fee ($180.00 a year!).

You are better off going to a local bank or a federal credit union for your banking needs.

BE ON THE LOOKOUT FOR MY NEXT SERIES INSTALLMENT POST ON 6/3/2018!

can do it TO DO LIST <p><a href=httpscorbinalexanderwealthguidancetumblrcompost173631157384corbin-alexander-weallth-guidance-posted class=tumblr_blog>corbinalexanderwealthguidance<a><p><blockquote> <p><b>CORBIN ALEXANDER WEALLTH GUIDANCE <b>POSTED 05062018<b><b><p> <p><b>STARTING OUT FROM SCRATCH – <b>POST #1 IN MY SERIES<b><b><p> <p><b>BUDGETING<b><p> <p>503020RULE<p> <p>For the person already living life this is an essential rule of thumb<p> <p>- 50% to <b>Needs<b> utilities rent food car insurance <b>never buy a car on creditpayments and be <b> <b>required to pay collision coverage only buy a used 3-8 years old HondaKiaToyota for the best valuebang for your buck<b> gas <b>clothes allowance<b> etc Essentials needed to live!<p> <p>- 20% to <b>Savings &amp Investment<b> used to pay bank loansstudent loans monthly deposits into a retirement account and an investment account credit card payments pay off the entire balance each month and not just the minimum payment to avoid paying interest on interest = that’s what eats you alive causing you to <b>NEVER<b> pay off the balances and never buy stuff from FingerhutRent-A-Center or the like…the interest on this stuff is outrageous and you pay 3x-5x what the item is actually worth in the end – if you ever get to the end of the payments!<p> <p>- 30% to <b>Wants<b> vacations limit one per year – do day trips for the other week taken on paid vacation benefits and future “Wants” such as saving for a house if you need the monies in less than 5 years then bank it – if you need the monies in over 8 years then invest it that is the industry rule of thumb when it comes to “<b>Wants<b>”<p> <p>Two methods to keep you on track<p> <p> - The spread sheet method this is where you track your budget in MS Excel<p> <p> - The envelope method this is where you assign envelopes labeled by each expense <p> <p><b>EMERGECY FUND <b><p> <p>This where you have a bank savings account holding a minimum of six months of expenses to pay “<b>all<b>” your monthly bills in the event of a job lose or an illness you are <b>NEVER<b> to dip into this unless you are in a dire straight situation <p> <p><b>Establish this fund FIRST before all other suggestions are followed<b><p> <p><b> <b><p> <p><b>SAVINGS &amp INVESTMENT <b><p> <p>- Start saving for an emergency fund first<p> <p>- <b>Do not<b> use the Overdraft protection feature on your bank debit card = avoid getting into the habit of paying Overdraft charges over and over again! But do have it on the account – in the event of an emergency = like your car breaks down etc and avoid using a credit card and carry a balance<p> <p>- Start an investment account at Allycominvest and invest in my Model ETF Portfolio that I’ll outline at a later date…<b>stay tuned<b>!<p> <p>- Start investing in my ”<b>ALL PURPOSE<b>” Model Mutual Fund Portfolio starting in your mid-50’searly 60’s<p> <p>- Start investing in my designated Model Mutual Fund 80+ Portfolio in your 80’s exact allocation percentages to also be revealed at a later date!<p> <p><b>CREDIT CARDSBANKING MANAGEMENT<b><p> <p><b> <b>- Establish a credit history at 18 years old before working a full-time 9-5 or going to college now is the time to obtain a pre-paid debt card through <b>Capital Onecom<b> or a similar lender And do not forget to get a small personal loan $100000 minimum at a <b>local bank<b> using a co-signer to qualify for the loan<p> <p> As you <b>SLOWLY<b> establish a credit history apply for a no-feelow credit limit card through <b>Discovercom<b> andor <b>Capital Onecom<b><p> <p><b> <b><p> <p><b>HAVE YOU RUN UP YOUR CREDIT CARDS TO THE MAX AND DROWNING IN DEBT OVERALL? – CONSIDER CLAIMING BANKRUPTCY AND START OVER – JUST BE CAREFUL DON’T SCREW UP AGAIN LIKE THE LAST TIME<b><p> <p><b> <b><p> <p>- Earn interest in an interest-bearing savings or CD account<p> <p> Not all banks are created equal which is why most are banking wrong <p> <p> <b>BANK OF AMERICA<b> This is a “fee city” bank You name it they have a fee attached<p> <p><b>TD BANK<b> This is a bank with convoluted morals Good luck banking in this environment more horseshit then you can shake a stick at! <p> <p> - If your balance falls below $10000 at TD at any given time during the month they hit you with a $1500 low balance fee $18000 a year!<p> <p><b>You are better off going to a local bank or a federal credit union for your banking needs<b><p> <p>BE ON THE LOOKOUT FOR MY NEXT SERIES INSTALLMENT POST ON 632018!<p> <blockquote> Meme

found @ 36 likes ON 2018-05-25 20:54:21 BY ME.ME