3 Easy To Understand Videos Explaining the Interest You Earn and Owe

…do you understand how interest is earned in your bank accounts, or paid to your credit cards?

…if the answer is NO, then you are like most people…

…most people, INCLUDING MYSELF, did not understand interest until I saw it hit my account…whether earning or paying…

…so how can you learn to understand interest and have it work for you to make money, as if you owned a credit card company?

…watch these informational videos as they explain the questions that you’ve always wanted answered about interest…

  1. Understanding Simple Interest and Compound Interest

    …in this video, simple and compound interest is explained by showing how the math works..

    …he does some factoring in it, so it might get confusing around minute 9…

    …however, basically what he is saying is that you can earn interest in the same amount every year (simple interest)…

    …or you can earn interest on the amount as it grows every year (compound interest)…

    …interest can be compounded annually, monthly, daily…

    …it’s important to understand how interest is being calculated on what you earn and what you owe…

    …trust me, this isn’t easy however if you take the time to learn this, you’re already very close to becoming financially free…

    …as you will start making better choices about what to do with your money…

  2. How to Calculate Interest Rates on Loans : How to Calculate Interest Rates on Loans

    …have you every heard of mortgage payment shock?

    …if you haven’t, it means the shock that someone gets when the book their first morgage loan and realize that it costs way more than they thought it would…

    …instant house poverty…

    …why does it happen?

    …because people don’t understand all of the points, fees and other costs that they have to pay in their mortgage payment…

    …this video does a good job of introducing these concepts by explaining how we compare rates using an Annual Percentage Rate (annual means the interest is calculated based on a year)…

    …and how we need to think about how much money we actually pay…

    …meaning, the rates can sometimes be illusions because they do not include the upfront fees that we have to pay in advance…

  3. Suze Orman Paying Off Your Mortgage Early

    …one of the biggest expenses that people have is their mortgage…

    …working for a bank I understand how the banks calculate interest and principal payments on a mortgage and did you know most banks collect most of their interest in the first year?

    …I like this video by Suze Orman because she explains why you want to pay off your mortgage early, if you want to keep your home…

    …and she tells you how to do it…

…if you found these videos helpful to you in understanding interest…

…then please share them with people you know…

3 Dating Tips That Bring Love and Wealth

…have you ever used money to break up with someone?

…have you wondered when and how to talk about money when dating?

…well, I have and as you read on…

…I will tell you my story and how to date and also have a financially sound relationship with your significant other…

  1. Men Pay For The Date

    …I used to think that being a woman in our modern society it was ok for me to ask men out or even pay for some of our dates…

    …was I wrong!

    …as a lady, once I stopped asking men out and once I started only letting men pay for dates, I found dating a whole lot easier…

    …why?

    …well, according to the book Become Your Own Matchmaker: 8 Easy Steps for Attracting Your Perfect Mate
    by Patti Stranger, in our society, men are the ones who are expected to pay and that they even like to pay because it makes them feel strong, manly and in control…

    …also, it’s one way to find out if your man has his finances together or not…

    …as a woman, we have to take care of making ourselves attractive and being vulnerable and loving and open…(which also takes money…)

    …so we spend our money on making ourselves the best and most attractive that we can, for us to feel sexy and for the man to want to be around us…

    …once I figured it out, dating got so much better!

    …I would read the book to get all of the details…

    …if you are a man, pay for the lady…she worked hard to look that good and to be the noble woman that she is…

    …if you are a woman, let the man pay for the dates…

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  2. Use Loving Words, Not Money, to End a Relationship

    …I was once dating a man who was extremely poor…

    …I was not happy with his financial situation, as I was the one who had the car and drove us around and had the nicer place where we would stay together…

    …instead of just breaking up with him…

    …I decided to use money to end the relationship…

    …I gave him money to help him with his business, and when he didn’t use the money wisely, I got so angry that I dumped him…

    …it is naive to think that you can change someone…

    …now, deep down in my heart, I knew that he was satisfied and happy with being poor…

    …and that he also enjoyed having me spend money on our relationship…

    …instead of just breaking up and keeping my money, I felt the need to somehow give him something so that I would feel righteous in breaking up!

    …I just saw a movie, The Longest Week, where one of the main characters gives women that he wants to break up with a Volvo…

    …for the same reason, he wants to break up and doesn’t want them to feel back or too hurt so he gives them a volvo!

    …it’s so easy to use money to appease feelings of guilt, hurt or shame…

    …however, it’s better to look at the problem directly, and just know that your relationships are valuable and you deserve to be in the relationship that is right for you…

    …just break up with the person you don’t want to be with…

    …trust your feelings and just move on…

    …everything always works out for the best in the end…

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  3. When Dating Gets Serious – Talk About Money

    …so when is it a good time to talk about money when dating?

    …well, it’s when dating gets serious…meaning, you are falling in love and you only want to be with this person…

    …that’s when you start talking about your true feelings and see if they feel the same…

    …and you also talk about your money situation…

    …if you owe money, or if you can support someone with your money, whatever it is…

    …discuss it, and find out how you both handle your money…

    …most relationships that end because of money are because there was not honest and authentic communication about it…

    …as long as both of you feel comfortable about handling money, money will support your relationship together…

    …here are some quick tips on what to talk about: savings and retirement for the future, spending habits, any debt, what you both want to spend your money on and what you currently spend your money on…

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…what are your thoughts on financially sound and loving dating?

…please comment and share!

Lessons I Learned From Gambling In Las Vegas

…have you ever gambled your money?

…did you win?

…did you lose?

…for me, the first time I ever went to Vegas was last week…

…it was also the first time I’ve gambled more than pennies at a friendly poker game…

…I learned some interesting lessons I’d like to share…

 

  1. GAMBLE FOR ENTERTAINMENT

    …the first lesson I learned in Vegas is that gambling is fun and exciting and that there is a value to being able to gamble…

    …I was scared at first, going to the Craps table…

    …however, the players were pretty friendly and it was a lot more fun and also painful (lost my money) than I expected…

    …I really enjoyed it!

  2. GAMBLE WITH A BUDGET

    …gambling was a bit frustrating for me because I lost most of my money…

    …however, I will go back to Vegas again because I stuck to my budget…

    …and my budget was for the express purpose of gambling…

    …you see, gambling is entertainment…

    …like a show…

    …and it has value…

    …so it’s ok to lose…

    …just like it’s ok to win…

    …and if we didn’t ever lose, there would be no casinos right?

    …and that wouldn’t be any fun at all!

What do you think?

Let us know in the comments below!

2 Essential Tools For Unlocking The Story To Your Financial Freedom

…did you know that everything we do comes from stories?

…there’s a reason you are the way you are, and if you happen to be one of those people who aren’t financially free yet…

…then you HAVE TO figure out what your story is…

…so that you can let it go…

…read this immediately to get the tools you need to become financially free…

  1. Childhood Memory Exercise

    …think back to when you are a child…

    …was there anything that happened when you were little that gave you strong feelings about money…

    …pull out that story and tell a friend about it…

    …if you don’t want to do that, then e-mail me your story meyduldulao@gmail.com ….

    …or write it in the comments…

    …what happened?

    …how did you feel?

    …how did it make you feel about money?

    Click Here to Learn More About Childhood Memory Exercise

  2. Change Your Story

    …now that you have a childhood story…

    …ask yourself the following questions:

    …Do you understand that your parents (the people in the story) were doing the best that they could?

    …Do you understand that you made up a story about this when you were just a kid?

    …Do you understand that your interpretation of the story can change…

    …Can you forgive the people in the story?

    …Can you make up a better meaning about the story that gives you a healthier outlook on money?

    Click Here to Learn More About Change Your Story

…please share your stories and your breakthroughs below in the comments…

…for me…

…my story when I was a kid was that after I saved my Mom took the money and paid off their credit card and never paid me back…

…so I assumed that saving money was useless since it would be taken away by my family anyway…

…when I figured that out, I let it go, and now I save save save!!!

The 5 Most Informative One Minute Book Summaries On Living A Financially Free Life

…want to get more done in less time?

…well, here are 1-minute summaries of great books that I’ve read and you don’t have to, unless you want to…

…find out if they are right for you be watching these 1 minutes summaries…

  1. One Minute Summary of The Four Hour Work Week by Timothy Ferriss

    …a classic book that could make you free in just a few years…

    …not reading this book is literally risking your life…

    …want to get your own copy, click the picture below to get it from Amazon today…

  2. One Minute Summary of It’s Not About The Money by Brent Kessel

    …monk turned financial fund manager and wealth planning expert…

    …he will tell you more than how to get more money, he will tell you how to finally live the life of your dreams by understanding the true nature of happiness…

    …get your own copy by clicking the picture below…

  3. One Minute Summary of Money Is My Friend by Phil Laut

    …do you think money is your friend?

    …you better if you want to have more of it in your life…

    …this book could be a game changer for you…

    …want to read it yourself, click the picture below to get your copy…

  4. One Minute Summary of The Richest Man in Babylon by George Clason

    …one of the best books I’ve ever read on becoming wealthy…

    …it covers all of the basics…in a fun story telling way…

    …I love the chapter on the money lender…

    …and so will you!

    …want to enjoy the book for yourself, grab it from Amazon by clicking the picture below…

  5. One Minute Summary of Cashflow Quadrant by Robert Kiyosaki

    …this is a book that explains how to become financially free…

    …it also explains what everyone is doing in the world to make their money and why some of it works…

    …and shows you how to be one of the small percentage that actually do become financially free…

    …read it and become enlightened…

    …click the picture below to get your own book from Amazon…

Want to listen to business leaders in online marketing teach you how to make more money, create a successful business and become a better leader?

…I listen to audios for hours a day to do just that, and I invite you to check out my library be clicking the image below…

A Life Changing Exercise About Truly Living A Life Of Your Dreams

…if you were financially free right now, do you really think you would be living the life of your dreams?

…an amazing fact, most of us can live the life of our dreams a lot sooner if we just take the time to do one little exercise…

…read on to learn more…

Dream Line

  • …this exercise is from the book 4 Hour Work Week by Timothy Ferriss…

    …it was really simple and probably one of the most powerful exercises that I’ve ever done…

    …basically, what you do is write down the dreams that you want to achieve…

    …for example, when I did this exercise one of the dreams I had was to surf everyday…

    …the next step is to find out how much you would need to get your dream…

    …for me, I realized that it wouldn’t cost me anything to surf everyday, so I just started getting up early in the morning and went surfing before work…

    …when you actually look at your dreams and figure out how much they would actually cost, you start taking your dreams seriously…

    …you begin the process of attaining them instead of just dreaming about them…

    …this is the life-changing nature of this powerful exercise…

    …stand up above the crowd and decide to take charge of your life, and actually WRITE DOWN what your DREAMS ARE and then BUDGET THEM out…

    …most people chase money, or fame, or just give up…instead of attaining dreams that are just in their reach…

    …STOP, do the exercise, and start finally living your life to the fullest NOW…

     

    …for a more detailed explanation of the exercise, click on the image below to purchase the book from Amazon…

     

How Warrior Camp Transformed My Life

Have you ever spent a week that changed your entire life?!?

…I did, and it was at Warrior Camp…

…read on the hear my story…

 

…before Warrior Camp, I always thought about spending more time with my Mom…

…and thought about quitting the job that I didn’t like…

…and thought and thought and thought about a lot of things…

…at Warrior Camp I learned how to take action in my life for the things that really matter NOW…

…I learned from the activities and people there that we only have so much time to live on this earth and we can choose to live well now or die with regret…

…I came back and quit my job one week later, and had the time to spend with my Mom…

…I always make time for the people who are important to me in my life…

…I have one date night a week with my husband…

…I spend quality time with my Mom and my son…

…I know what is most important in my life, and that is my family…

…and Warrior Camp made it clear to me that I choose how I live my life and I can make it a great life right now.

Do you want to blog about what you love and get paid?

Then click the image below to find out more…

Useful Websites For Researching Stocks And Index Funds

…do you have any idea what is in your Index Fund or Mutual Fund?

…do you want to know what you are investing in?

…well, there are FREE resources on the internet that the experts use to track and research basic information on their stocks and funds…

…read on to find out more!

  1. Google Finance

    …I was looking at my 401K options and scratching my head…what were these funds???

    …I called the customer service rep and they gave me websites to look at to research and understand what I was investing in…

    …the first was Google Finance…

    …he told me to take the Index Fund abbreviation, write it in the search box and search…

    …then I could see the funds that were inside it, take their symbol, research again…

    …eventually I found out I was buying Google, Apple and other big name stocks…

    …wow, was it buried deep…

    …I wondered how many people actually know what they are investing in when they have an Index Fund…

    Click Here to Learn More About Google Finance

  2. Yahoo Finance

    …the second site he shared was Yahoo Finance…

    …it’s pretty much the same as Google Finance…

    …both are very good for locating basic information on stocks and funds…

    …go ahead and investigate what is in your retirement fund…

    Click Here to Learn More About Yahoo Finance

Did you enjoy this post?

Do you have more cool free sites that can help people research their stocks and funds?

…please list them below in the comments!!!

Three Hacks For Busy Parents Who Are Working Towards Financial Freedom

As a parent we spend so much time taking care of our kids

…preparing them to go out

…preparing them for bed

…preparing their meals

Let’s face it, we are busy!

So how can we become financially free with so little time for ourselves?!?

Read on to find Three Hacks For Busy Parents Who Are Working Towards Financial Freedom.

  1. 100% commitment

    If you want to be free you need to be 100% committed, meaning you do whatever it takes no matter what!

    Get your kids and spouse 100% committed as well.

    Don’t worry about how it will happen.

    All you have to do at this point is know in your heart that you are meant to be FREE!

    So what are you committing to?

    Saving at least 10% of your income, learning about what to do with that money…CLICK HERE FOR ALL STEPS

  2. Automatic Transfers

    As a busy parent, you don’t have time to move money around every time you get paid…so set it up automatically!

    Either have 10% or greater of your paycheck automatically deducted and deposited to your financial freedom account.

    Or have a transfer of a set amount that is 10% or greater of your income directly to a savings account…we do this weekly.

    Automatic transfers into your financial freedom account are key.

  3. Set Aside One Hour a Week

    How can you make the time?

    SCHEDULE IT

    Get your spouse or another caregiver to take care of the kids during that time.

    You only need One Hour to start.

    During that hour you are working on your financial freedom, whether it’s setting up your transfers, researching investments, or budgeting and lowering expenses.

    Set the hour in your schedule, get your kids covered and do what you have to do in that hour.

    Trust me, one hour a week will make a huge difference!

     

I do these three things and have improved my Net Worth, created a savings account, have passive income monthly and more!
If you commit to being great, then that is what you will be =)
Learn more about how I help working parents create financial freedom – CLICK HERE, watch the free video and get started today!
5-1-16 Mey, Jordan & Jomel  at the Aston in Waikiki

Off To Las Vegas – Financial Freedom and Gambling

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I’m off to Las Vegas for the first time…

 

…and I’m going to gamble for the first time in a casino…

 

…can you be financially free and gamble?

 

…yes, as long as you’ve earned the right to gamble…

 

What does that mean?

 

It means that you have a solid base of savings and investments and on top of that you have extra that you can afford to gamble…

 

Not free yet?

 

Budget how much money you can gamble with and afford to lose, and only use that money to gamble…

 

…wish me luck!