Financial information is the key to change.

Unfortunately, for most of us, basic financial information is not taught in schools. We live in a country that continues to pass out diplomas to people who lack healthy financial skills, creating a society not prepared to handle the financial ups and downs of everyday living. The road to financial freedom is paved with information; join me on my journey.



Lucille Tyler Baldwin

Author of "Sick and Tired of Being Broke"

lucybaldwin27@yahoo.com





Showing posts with label auto loan. Show all posts
Showing posts with label auto loan. Show all posts

Thursday, October 28, 2010

A Rose By Another Name: Interest or Fees

Credit Card or Debit Card?

What is in a name?  A reloadable or prepaid card looks like your credit card or debit card.  The difference between a prepaid card and a credit card is that you are limited by money you load on your card.  The big draw to the reloadable and prepaid cards is that, unlike credit cards, there is no interest charged for using these products.

In place of interest charges, however, they ...

Lucille Tyler Baldwin
Author of "Sick and Tired of Being Broke"
http://www.thejourneytowealth.blogspot.com/

Wednesday, September 22, 2010

The Magic of Compound Interest


Albert Einstein said, "The most powerful force in the universe is compound interest."  Given enough time and patience, even modest returns can generate wealth.  The structure of compound interest is such that your money...

Lucille Tyler Baldwin
Author of "Sick and Tired of Being Broke"

http://www.thejourneytowealth.blogspot.com/