Getting Up and Taking Action!

Money Management Tips: Credit Rules

1. Credit Cards are just like a loan-you have to pay what you owe.

2. Keep track of how much you spend. Remember that incidental and impulse purchases add up fast.

3. Save your receipts. Compare them with your monthly bill. Promptly report problems to the company that issued the card.

4. Never lend your card to anyone.

5. Owing more than you can repay can damage your credit rating. That can make it hard to finance a car, rent an apartment, get insurance-even get a job.

6. Pay your bill on time, and in full when possible. If you don’t, you’ll have to pay finance charges on the unpaid balance—-and it takes forever to get caught up if you just pay tje minimum.

The Federal Trade Commission has information and a free hotline if you need helpful information.

1-877-FTC-HELP  (or 877-383-4357) website: http://www.FTC.GOV

By Mr. Julio Mattos

Learning While Your Earning!

http://www.JulioMattos.net

70-20-10 Rules To Wealth

What is the 70-20-10 Rule?

To answer this question it’s pretty straight-forward, which means setting a budget, living on that budget, by also saving.

More like this 70 percent you live on and food, rent, clothing, etc.

20 Percent is what you use to pay down any debt’s you may have, by also setting up a debt repayment plan (We will get into this a little later on), then by monitoring your debt and not add any further debt, but setting a time frame and a plan to follow you will surely be able to watch your debt load decrease.

But by watching your Wealth increase.

Pay Yourself First which is where the 10 percent comes in handy, this is what you should have a savings account for and watch as it grows and grows.

But your savings should be the type of savings account with a good interest rate, where by it will compound over time, more like the Return on Investment should, bring you one step closer to your, wealth building goal.

Now to say that this is all there is to it because no it’s not, not by a long shot.

The real point is having something where you have a system and manage your income and your expenses.

But also for 10% that you will use later down the line you will want to have this work for you, which means you will need to invest a portion of this in other investments which will bring in more value to add to your wealth building empire.

We will discuss this further some more articles in the future and we will go through all of this and also recommend some helpful resources where you can learn more on your personal finances or money management.

Please if you feel that this was helpful in some way, let us know by commenting about it and letting us know.

By Julio R. Mattos
Getting Up and Taking Action!
http://www.MrJulio.com

Hello There,

 Well it’s Spring time and it’s March.

 This year will be the best year of all of our lives if you are actually looking to make just that, but I am planning and have been taking actionable steps to do just that.

We all have dreams and we all live in this big globe called earth or I have another name for it World Dreamer and what is a world dreamer, well a world dreamer is a individual looking to make his dreams come true.

Would like for their dreams to come true and by doing so, worlddreamers are willing to put in the time and money and the hard strategic work necessary to be able to accomplish worldly dreams.

Some dreams could simply be met easily by putting a to do list or Daily Action Plan and it only takes them 15-30 minutes of productive time a day to work on your life dreams and I know how outrageous that may sound, but it really is true.

Let’s make ourselves WorldDreamers or Dreamer’s that actually take action and not an excuse maker and or allow fear to stop you dead in your tracks.

Well this is the first post to this website and to this blog, I actually originally had a nice written post but for some reason my internet connection deleted it, so forgive me but going forward you will be able to benefit from this website or blog greatly going  forward.

We will meet or have met some time soon and we will be looking to growing together and looking to climb mountains that our lives tends to be put in front of and either you climb or simply perrish.

Have a great day.

Best regards,

Julio Mattos

P.s. Well going forward we will be going through a lot of changes here at http://www.MrJulio.com and I mean alot of changes and it will be for the better.

P.s.s. We are students of life and will be a guide to others as well, but will be looking to bring a diverse group of people together from many different walks of life and have many mountains to cross before we really hit it straight on.

P.s.s.s. Also we realize we have plenty of Ps’s here but we was on a deadline today to get a post placed on the site as soon as we could.

To your success and to all of our success in both personal and business life which will require a game plan and a action plan, which heavily relates to balance in our lives.