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!

Alive
Alive
America
America
anaconda
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Clothes
Clothes
College
College
Food
Food
Future
Future
Honda
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Life
Life
Run
Run
Taken
Taken
tumblr
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Toyota
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Ally
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Bank
Bank
Bank of America
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Bankruptcy
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Banks
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Best
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Blog
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Budget
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Capital
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Capital One
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Credit Cards
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Date
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Discover
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Excel
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Good
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History
History
House
House
Live
Live
Loans
Loans
Lookout
Lookout
Scratch
Scratch
Student Loans
Student Loans
Stuff
Stuff
Time
Time
Vacation
Vacation
Old
Old
Outrageous
Outrageous
Banking
Banking
Living
Living
Luck
Luck
Never
Never
Be Careful
Be Careful
Bills
Bills
kia
kia
personal
personal
td bank
td bank
rent
rent
job
job
car
car
working
working
invest
invest
insurance
insurance
credit card
credit card
com
com
etf
etf
next
next
credit union
credit union
local
local
class
class
student
student
federal credit union
federal credit union
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essentials
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stick
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can
list
list
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alexander
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one
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rent a center
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union
car insurance
car insurance
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down
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emergency
mutual fund
mutual fund
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investing
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city
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earn
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paid
over
over
out
out
living life
 living life
suggestions
 suggestions
tumblr blog
 tumblr blog
retirement
 retirement
last time
 last time
collision
 collision
starting
 starting
outline
 outline
already
 already
small
 small
again
 again
thumb
 thumb
buck
 buck
two
 two
the end of the
 the end of the
of america
 of america
years
 years
year
 year
month
 month
later
 later
wrong
 wrong
need
 need
week
 week
worth
 worth
better
 better
card
 card
cards
 cards
no
 no
debt
debt
interest
interest
purpose
purpose
through
through
9 5
9 5
mutual
mutual
obtain
obtain
dire
dire
posted
posted
essential
essential
rule of thumb
rule of thumb
screw
screw
ever
ever
start over
start over
followed
followed
needed
needed
stay tuned
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good luck
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do it
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get
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in the end
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using
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environment
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bank loans
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fee
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spread
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dip
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personal loan
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ms excel
balance
balance
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portfolio
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what
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post
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bearing
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the time
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stay
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series
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debit card
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bang
person
person
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now
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investment
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management
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model
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city
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investing
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fingerhut
account
account
mutual fund
mutual fund
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emergency
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down
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car insurance
union
union
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rent a center
one
one
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alexander
list
list
can
can
stick
stick
essentials
essentials
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federal credit union
student
student
class
class
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local
credit union
credit union
next
next
etf
etf
com
com
credit card
credit card
insurance
insurance
invest
invest
working
working
car
car
job
job
rent
rent
td bank
td bank
personal
personal
kia
kia
Bills
Bills
Be Careful
Be Careful
Never
Never
Luck
Luck
Living
Living
Banking
Banking
Outrageous
Outrageous
Old
Old
Vacation
Vacation
Time
Time
Stuff
Stuff
Student Loans
Student Loans
Scratch
Scratch
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Lookout
Loans
Loans
Live
Live
House
House
History
History
Good
Good
Excel
Excel
Discover
Discover
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Date
Credit Cards
Credit Cards
Capital One
Capital One
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Capital
Budget
Budget
Blog
Blog
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Best
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Banks
Bankruptcy
Bankruptcy
Bank of America
Bank of America
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Bank
Ally
Ally
Toyota
Toyota
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tumblr
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Taken
Run
Run
Life
Life
Honda
Honda
Future
Future
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Food
College
College
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Clothes
anaconda
anaconda
America
America
Alive
Alive

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! Meme

found @ 27 likes ON 2019-03-01 00:40:13 BY ME.ME

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