Is Suze Orman for Real? Does John Cummuta Transform Debt To Wealth? No Information Here, Just More Fun Facts You Can't Live Without.

1. The average bed is home to over 6 billion dust mites.


2. Just twenty seconds worth of fuel remained when Apollo 11's lunar module landed on the moon.Ten tons of space dust falls on the Earth every day.



3. Every year the sun loses 360 million tons.


4. If you attempted to count to stars in a galaxy at a rate of one every second it would take around 3,000 years to count them all.


5. Ernest Vincent Wright wrote a novel with over 50,000 words, none of which containing the letter "e."


6. There are 333 toilet paper squares on a toilet paper roll.


7. Singapore has only one train station.


8. The Eiffel Tower has 2,500,000 rivets in it.


9. The Eiffel Tower has 1792 steps.


10. It takes about 20 seconds for a red blood cell to circle the whole body.


11. Every year, the Moon moves a further 3.82cm from the Earth.


12. Every minute in the U.S. six people turn 17.


13. There are more than 1,00 chemicals in a cup of coffee.


14. Blue and white are the most common school colors.


15. On average, a 4-year-old child asks 437 questions a day.


16. The tip of a 2cm long hour-hand on a wristwatch travels at 0.00000275 mph


17. There is about 200 times more gold in the worlds oceans, than has been mined in our entire history.


18. Human hair and fingernails continue to grow after death.


19. Termites eat wood twice as fast when listening to heavy metal music.


20. The cockroach has a high resistance to radiation and is the creature most likely to survive a nuclear war.


21. The best web based conference calling services, student loans consolidation, and term life insurance quotes are always just a click away. 

Should You Pay Off Your House/Mortgage Early?? Your Home is a Bad Investment, Pay it Off Early to Lose Less.

I often hear people refer to buying a home as a good investment.  They usually say it is one of the best things you can do to virtually guarantee a long-term positive gain.  I disagree.  The other day at work, I had a discussion with a co-worker about this. 
When I told him that I felt the sale of your home is almost impossible to generate a profit on, he looked at me with his "stupid face".  I gave him an example:  A couple bought a home for $150,000 and 30 years later sell it for $300,000.  I asked if he felt they made a $150,000 profit (he said yes).  I then told him that typically they would have paid about twice the original loan amount by the time it was paid off (interest).  So the $150,000 mortgage eventually came to $300,000 after principle & interest (no, I didn't use a mortgage interest calculator).  They also paid 30 years worth of real estate taxes ($100,000 worth???).  They also spend $25,000 or so in upgrades over the years (flooring, remodeled kitchen & bathrooms, etc).  They also spent thousands on landscaping & yard maintenance.  How much did they spend on refinancing the mortgage trying to get the lowest mortgage rates? 
Now if an "investment" is supposed to MAKE you money, how does paying $425,000+++ for something that eventually is sold for $300,000 count as a good investment?  To me it is cheaper than renting but definitely not a good investment.  All you do is "lose less".  
I do agree that it is definitely possible to make money in buying rental property.  In that case, the renter basically pays off the mortgage and when all is said and done you will own the asset.  Time to go mow my money losing grass.....

Christmas? Why am I talking About it in August?

The major Christmas shopping season is four months away, do you have a plan?  How much money will you need to have saved by then?  Are you on target to have the money or will you be swiping the old credit cards?  NOW is the time to plan for this.  We have a Christmas Club account at our local bank that automatically withdraws $20 a week from our checking account and deposits it into our Christmas Club account.
  After 52 weeks, we end up with a little over $1000 in the account which is enough for the kids' and family's presents.  Make it automatic and it is much less painful.  If you don't have some sort of automatic savings account for Christmas, start today by figuring out how much you plan on spending and divide that by 15.  That is how much money you will need to save each week from now until the Christmas shopping season.  Don't let this sneak up on you.  Christmas spending is not an emergency, it happens at the same time every year!  Let this be a CASH ONLY Christmas.  We made the last two be cash only and it felt great.  I remember that icky feeling I used to have every January once the credit card bill came and realized the we overspent and had no way to pay the balance in full.  Paying interest made me sick.  Be proactive.  Start right now!  You will have the best Christmas ever!

Wealth 101. Never, Never, Never Give Up! Success is Just Around the Corner.

 

           A list of Abraham Lincoln’s Failures:

• Lost job, 1832


• Defeated for legislature, 1832


• Failed in business, 1833



• Elected to legislature, 1834


• Sweetheart (Ann Rutledge) died, 1835


• Had nervous breakdown, 1836


• Defeated for Speaker, 1838


• Defeated for nomination for Congress, 1843


• Elected to Congress, 1846


• Lost renomination, 1848


• Rejected for Land Officer, 1849


• Defeated for Senate, 1854


• Defeated for nomination for Vice-President, 1856


• Again defeated for Senate, 1858


• Elected President, 1860