Can Do It TO DO LIST Corbinalexanderwealthguidance CORBIN ALEXANDER WEALLTH GUIDANCE POSTED 05062018 STARTING OUT FROM SCRATCH – POST #1 IN MY SERIES BUDGETING 503020RULE 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 Creditpayments and Be Required to Pay Collision Coverage Only Buy a Used 3-8 Year Old HondaKiaToyota for the Best Valuebang for Your Buck Gas Clothes Allowance Etc Essentials Needed to Live! - 20% to Savings Investment 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 NEVER 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! - 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 Allycominvest 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’searly 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 CARDSBANKING 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 Onecom or a Similar Lender and Do Not Forget to Get a Small Personal Loan $100000 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-Feelow Credit Limit Card Through Discovercom Andor Capital Onecom 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 $10000 at TD at Any Given Time During the Month They Hit You With a $1500 Low Balance Fee $18000 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 632018!

Alive, America, and Anaconda: can
do it
TO DO LIST
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 year 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!

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 year 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!