Welcome!

We are Ray and Kelli, counselors at City. Policeman helps elderly man. Problem with debt. FAFSA mistakes. Dream job. Free in October. Ideal career. Changing a boy's world. Cyber crime. Places you don't want to move to. 40K scholarship. Bad ways to save money. 401(k) mistakes. Thank you to Kelli. Low-paying jobs. Teach English to students in China. Boy helps provide hearing aids to other kids.

The veterans page: Honoring heroic dog. Honorably discharged veterans shop tax-free. Forever GI Bill. Father takes care of 4 children. Integrate Marine Training? Robotic legs. Costs of war. Saluting a fallen soldier. 300K Lotto winner. Vets and painkillers. Vet resources. Grandmother of veteran's family deported. Housing the homeless. Veteran finds healing through adopting a cat. Wounded Marines help others. Video: Soldier and dog greet each other after 6 months apart. Happy Veterans Day! Helping make a Marine's dream come true.


Empowering students to fulfill their dreams through education.



Friday, July 22, 2016

Financial Advice from Comic Con

At Comic Con 2016, there was a panel on Thursday called "Be a Financial Superhero Even If You Aren't Tony Stark or Bruce Wayne." It was geared toward creative artists and their finances. Here's what I pulled from this presentation:

To succeed in your own business:
What do you have to give that is going to help people?
What can you do that no one else is doing?
What is your passion?

What you need to be a successful artist:
Passion for your work
Skill set to do it well
Hustle to get yourself known

Build an outstanding team:
Find a mentor to guide you.
Hire people you trust so you can focus on your craft.
Develop a fan base of support.

Lay out your goals with timelines to keep yourself accountable and measure your progress.

They also talked about credit. Your credit score is made up of five factors:
35% is based on your payment history (whether you pay your credit card bills on time).
30% is based on the amount owed on your cards (try to keep your balances under 25% of the limit on a credit card).
15% is duration of credit (don't close out a credit card; it's better to lower your maximum on a card you rarely use in order to maintain your history and duration of credit).
10% is based on new credit (don't open up other new credit accounts prior to taking out a loan).
10% is the type of credit you have.

Some suggestions: Pay off your debts aggressively, don't take out student loans, step away from a purchase before buying an expensive item to avoid impulsive decisions, and ask yourself how many hours you have to work in order to pay for the item.





No comments:

Post a Comment