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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.

Culture

Canada Legalizes Weed With Historic Vote

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Canada becomes the second in the world to legalize recreational marijuana use.

Marijuana possession was officially outlawed in Canada during the 1920s. On Tuesday night, the Senate voted 52-29 to pass Bill C-45, also commonly known as the Cannabis Act. The measure was previously approved by the House of Commons, and now awaits Royal Assent for the final step in Canada’s legislative process.

According to NPR, the bill will allow anyone over the age of 18 to possess no more than 30 grams of marijuana. It also allows adults to sell cannabis as well as grow up to four plants in their home.

Authors of the bill pointed to several benefits of legalization, including economic stimulation and protecting the youth from criminal operations.

The biggest win is the decriminalization of fewer than 30 grams. No longer will citizens face lengthy jail terms from 3 months to 5 years in prison and have to deal with the parole system.

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Jay-Z Is Puma’s New Creative Director Of Basketball

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Jay-Z has had many roles in his career. After surprising fans with a joint album with his wife Beyonce, Hov was announced as the Creative Director for Puma.

“We’ve been working with Roc Nation for quite some time. They’ve been great partners to us for several years. We’ve done many different deals with many different ambassadors,” Adam Petrick, Puma’s global director of brand and marketing, told Complex. When Puma approached him about this opportunity, JAY-Z felt it “was something he wanted to be a part of,” according to Petrick.

Hov will have a hand in the players selected to join Puma’s basketball division, as well as assist in the art design and overall concept and direction of the brand.

The global shoe and sportswear company has announced the signings of top draft prospects DeAndre Ayton (Arizona), Marvin Bagley III (Duke), and Zhaire Smith (Texas Tech). Ayton is considered the unanimous favorite to go No. 1 to the Phoenix Suns in Thursday’s draft, while Bagley and Smith are also expected to go in the lottery.

“What’s important to him on a day like today is that it’s clear we’re making a serious push with players like Bagley and Ayton and Smith. We’re making a serious statement about the entry of the category, that we want to be a performance brand, but then also very culturally focused. It’s clear that we’re looking at basketball through the lens of culture, and thinking about the fashion of basketball, the music of basketball, all the aspects of culture around basketball as much as the on court presence that we will have,” Petrick added.

 

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Lebron James Is Not Surprised With Donald Trump Uninvited The Eagles To The White House

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The Philadelphia Eagles were scheduled to visit this White House, but yet again President Trump decided to revoke the invitation on Monday.

Since the entire team wouldn’t attend because of their stance against President’s policies and views on the anthem, pulled another dick move. Trump used is as another political diversion questioning the patriotism of the players.

 

On Tuesday, LeBron James at his press conference ahead of Game 3 on Wednesday night. James, who has never been afraid to criticize Trump, responded that it was “typical of him” and noted that he wouldn’t have that problem with whoever wins the NBA Finals because they won’t want the invite.

Steph Curry cosigned with James’ sentiment.

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