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Showing posts from 2015

Rich Dad' Author Tells Millennials: "Savers Are Losers"

As recently reported by CNBC, one of our true heros and a leader in financial education, Robert Kiyosaki, the author of financial best-seller “Rich Dad Poor Dad” has some unusual advice for millennials in his new book: Saving is for losers.
“You cannot follow your parents’ rules of money,” said Robert Kiyosaki, who this year published a new book, Second Chance: For Your Money, Your Life and Our World. “The old rules were you go to school, you get a job, you work hard, you save money and you invest for the long term in the stock market.”
But now, he says, the rules are now reversed. “Savers are losers. And many parents are still telling their kids to save money,” he told CNBC. “Why would you save money when every central bank is printing money?”
Indeed, Kiyosaki said he isn’t saving money. “When I was a millennial, I could get 15 percent interest on my money. Today, I’m lucky to get one percent,” he said. “I’m a debtor. I borrow because I’m in real estate. So I’m getting money at 2.…

Thank you for a wonderful year and May God Bless You and Your Family with Prosperity, Health and Happiness!

I'm Taking a little time off for the Christmas Holiday.

I do want to take a moment to thank God for Blessing me in so many ways and giving me the ability to make a difference in the lives of so many faithful and deserving people.

I've been working on some very exciting things that I will share with you in the new year. This big news will give you and so many others a huge boost in your ability to pay down your debt!
I'm very excited and I can't wait to share the news with you. But, all in due time. For now, let's enjoy the reason for the season, the birth of Jesus and his saving grace for our world that so desperately needs it.

To all of our faithful students and followers, we wish you and your families the most
       Happy Holidays and a very Joyful New Year!

Mike Schiano


"For the LORD your God will bless you, as he promised you, and you shall lend to many nations, but you shall not borrow."  Deuteronomy 15:6

You’ve been Pre-Approved ...to apply!

Nice try credit marketers...but no thanks. You should know that when we talk about reading every offer carefully and looking for the “between the lines” meanings of marketing offers, we are talking specifically about terms such as this.
Note, the marketer is using the term “you’ve been pre-approved,” or, sometimes they use “you’ve been approved” to apply. The key words are “to apply.” So, while you’ve been pre approved, you still must apply just like everyone else who has not been approved.
It is simply a marketing trick to get you excited and insinuate that you have some special status when, on the back of the piece you’ll see the magic get off the hook words “if your credit history is verified as acceptable,” or “if your credit meets the criteria for this offer;" or some other term that basically says you must qualify based on your Credit Report and Score.
There is nothing special in this offer except it is an offer to apply for credit or a loan of some type. Don’t be fooled by b…

The price Paris and the World must pay

Vive le France!


A time to stay strong and a reminder that Terror knows no bounds and civilized people everywhere are at risk, especially in high profile, democratic strongholds around the world.


My Grandfather was born in Paris so I feel the sting of this cowardly attack on a place I identify with in part as a homeland. I wonder what he would think of this news? How would he react. Having lived through two world wars, the Korean War and Viet Nam, perhaps he might not be so shocked. He would be angry though, as we all should be. He was a man of peace who believed in working hard and building a successful life. He would have no tolerance for those who wish to destroy the world around them.


The price of terror is very expensive in resources, riches and lives but I pray that leaders worldwide have the courage and the wisdom to do what is necessary to help us navigate, somehow, to a more peaceful world.


My God bless the victims of this attack and hold their families in the palm of his han…

Financial Success is within your reach!

Financial Success is the direct result of taking the right actions, the right way, at the right time for the right reasons. Understand this and you can take on financial issues with confidence. Just discover what the right actions are and do them. Your success isn't limited by past mistakes -- but by your willingness to take the right actions right now!
If you have no confidence in your ability, you won't even try. But, if you're committed to do whatever it takes until you get it right -- you will eagerly proceed with the confidence to succeed.
Key steps to success: You must commit to learning the right actions to take given your current situation. You must discipline yourself to focus on learning at least 30 minutes each day. You must then use what you've learned to take action steps.

Manage your money properly for future generations

We all tend to be extremely focused on today and don't spend a great deal of time thinking about, or planning for, the future.


Experts point to our need for instant gratification which makes it difficult for us to think about next week, let alone the next twenty or thirty years or more. That is why car dealers focus on the monthly payment rather than the total cost of the car when trying to make a sale. They know we are thinking only about the short-term cost of getting what we want.


It is a key reason why so many people are deep in credit card debt because it was easier to think about getting the items they wanted that day by borrowing at high interest using credit cards, even if they couldn't really afford the expense, versus taking a long-term approach, delaying the purchase until they could save up for it, in order to avoid high interest costs.


Lack of proper financial planning for the future can lead to many problems including the need to rely on high interest borrowing…

Are you ready for the Holidays?

I know what you are thinking...Holidays...I'm thinking about all of the back to school costs that are coming up How in the world can I think about Holiday spending? Part of how we will help you is by moving your "Spending Timeline" forward so that you can get ahead of all your anticipated expenses that can be planned for.


One of the key reasons families fall into the Debt Trap is because they are not planning ahead. Most last minute expenses go onto credit cards. Think of emergency expenses like car repairs and broken washing machines. How do families who are in debt pay for those since they likely don't have cash available. Of course, with credit cards.


The key here is to understand that you have ultimate control over your expenses and personal finances but getting ahead of anticipated expenses and planning for them well in advance is key to avoiding adding more credit card debt.


We will give you step by step help with this planning process so stay tuned for more …