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Fixing Your Money Problems In 2018

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Unless you were born into riches, you’ve probably dealt with money problems. It can be overwhelming at times. You can’t seem to make enough money.  No matter how hard you work you can’t seem to get out of debt. The anxiety caused by not having wealth is a real problem, but it does not have to be.

A little bit of financial literacy, time, and sacrifice can be all you need to get out of debt in 2018.

Value Over Everything

Don’t buy a lower payment, buy value: One of the biggest mistake people make is their inability to live in the reality of how much they make. Instead, they live in what they believe they can afford each month. Buying something based on its monthly value is one of the main reasons people don’t understand the value of money.

In other words, if you buy a TV that costs $1100 but financing it at $50 per month on your credit card, by the time you have paid it off, you will have paid almost twice its worth and by then its value will be obsolete. The idea is to buy things you can afford and a wise way to know if you can or cannot is to use the “10x Rule.”

If it is an essential item and it is unlikely that you can live without it, then simply divide its cost into 10 payments and if you can afford to make those payments, not the advertised ones, then it might be the right purchase to make. The important thing is to commit to that larger payment rather than the minimum payment allowed.

Review Your Transactions

You accept reviews with everything else in your life, from product reviews and job reviews. So take the same time to review your transactions monthly.  A great practice by most people who have full control over their money is to look back at their previous month or year to understand their spending patterns. No matter how successful or bad the year was financial, it is important to understand how to improve the upcoming year.

Look back at your past credit card expenses and understand your wasteful spending for the year so that you don’t repeat the same mistakes. With this practice, you’ll also be able to ensure companies who automatically charge your account did not charge you extra or in error.

Don’t Buy What You Don’t Need

If you don’t need it, don’t buy it: Exercising self-control is key to reaching financial freedom. One of the common mistakes people make around money is the inability to resist the upgrade effect. If you don’t need a new phone, then don’t buy the latest phone. Focus your purchases of electronics and leisure items to the basics you need. By resisting upgrading one simple thing, you are also training yourself to not fall victim to the system and constantly be upgrading everything else that isn’t needed.

Separate Your Accounts

Use a separate credit card for your daily expenses: While you may not want to open another credit card account, it may be necessary to help you take control of your spending. Putting everything on your credit card enables you to keep track of your spending versus using cash.

The important part is to make sure the card is paid in full each and every month without exception while keeping an eye on the charges and spending. Plus you can also be getting points for your daily expenses, which result in cash back or free travel that can help with vacation costs and enable you to save even more.

There you have it, four simple steps to take in December of 2017 to help you prepare and conquer your own money in 2018. These will help you not only understand your money better, but rather help you always position yourself in a manner that ends up putting you in a better financial position.

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Drake Sues Woman Over Extortion And Fruad

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Drake is suing the woman that made false pregnancy and rape allegations against him in 2017.

According to TMZ, in the suit, Layla Lace met Drake during last year’s Boy Meets World Tour in Manchester, England, where he claimed they had consensual sex.

He claimed that when he stopped responding to subsequent messages, she allegedly began threatening to leak their correspondence, publicly claimed he had impregnated her, accused him of rape, and demanded “millions of dollars” in exchange for silence. Drake is reportedly suing for civil extortion, emotional distress, fraud, defamation, and abuse of process.

The suit claims Layla refused to take a paternity test and Layla and her lawyer went radio silent. Drake says the whole thing was a scam … “There is no credible evidence of pregnancy, nor any baby, which would have been born last Fall.”

According to the lawsuit, Layla switched tactics and went to authorities in New York and alleged Drake had raped her during their one-night stand.

The Manchester police reportedly interviewed and cleared Drake of sexual assault accusations when the case was referred to them.

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Michael Jordan Is Donating $2 Million Dollars For Hurricane Florance Relief

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Michael Jordan is donating to hurricane aid for his home state.

Jordan is contributing $1 million each to the American Red Cross and the Foundation For The Carolinas’ Hurricane Florence Response Fund. The American Red Cross is providing food and shelter to thousands of people who have been displaced by the hurricane, while the Foundation For The Carolinas’ Hurricane Florence Response Fund directs funds to nonprofits in North and South Carolina providing relief to victims of the storm.

Jordan also reportedly stressed the importance of the long-term recovery from the storm.

“People need to understand this will not be a week-long process. This is going to have a huge disruption on people’s lives – not for 10 days, but for years,” Jordan told the Charlotte Observer, adding that he hopes his donation will spur people to get involved.

Hurricane Florence made landfall over the weekend across the Eastern seaboard, leaving at least 33 people dead and causing flooding and widespread power outages in the areas hardest hit by the storm in Virginia and the Carolinas. More than 10,000 residents have reportedly been displaced amid the devastating aftermath

 

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Will Smith Reveals Fresh Prince Jordan 5s

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Will Smith is celebrating The Fresh Prince anniversary with the Jordan brand.

Today Smith revealed the “Fresh Prince” Air Jordan 5, in an unboxing video. He also revealed a second friends and family version—limited to just 23 pairs—which uses traditional shoelaces and the “Grape” accents but covers the entire upper in a gold sateen sheen.

Ahead of Smith’s 50th birthday on Sept. 25, fans can sign up at Omaze for a chance to spend the day with the Fresh Prince and take home one of the 23 friends and family Air Jordan 5s.

As for the retail version, 19,000 pairs will be released on Smith’s birthday.

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