bruce mills

Fix or Sell the Car

Recently we took our car in for an Oil Change and the Store Manager came out to the sitting area and gave me a long list of repairs the car needs. It was over $3,600. I said to him that the cars value isn’t much over that. When the shock wore off, I told him I was going to hold off for now.

2020 is over and here are our Results

December was a fun month since this was the first time we had our folks with us for the whole month to celebrate Christmas and New Year’s. They plan on staying till sometime in March but we would love to have them live with us full-time in the future.

Gratitude this Holiday Season

Christmas is tomorrow and then we start a new year in just seven days. Are you looking forward to the holidays or are you feeling down? This time of Year, can be hard for people depending on what their situation is and what has happened in their world in the past.

Christmas Spending

Christmas is definitely our favorite Holiday Season. Darlene and myself start decorating the day after Halloween. We like to buy some new Christmas decorations each year.

Stocks – Hold or Sell

There are a lot of different philosophies on the subject of if you should stay in the market through the up and down times or not. Some of my friends say they get out when it is high and then buy when it is low. They swear they make a ton of money doing it that way. Yet, I don’t have a crystal ball on when the Stock Market is at around the top and not going any higher. I would have felt bad jumping out of the Stock Market when it was even at 20,000 and then waiting for a crash. I would be missing out on all these dividends and growth we have been receiving.

Consult with your Financial Team Yearly

Everyone has different situations and goals in life. Not everyone may need to have a Financial Team or if they have one maybe they don’t need to see them yearly. For instance, my Mom who has no Assets and lives in a Nursing Home doesn’t need a Financial Team. We hope though our boys will acquire a lot of Assets in their lifetime and need a Financial Team along their journey to Financial Freedom.

Plans Change and it is

We teach the boys that it is OK to change their Financial Goals plan along the way. That things will come up and goals or plans will change and to accept the change.

Inflation Factors in your Retirement Projections

Most people that work at a job hopes to get a pay raise each year. Some employees want them more than once a year. Wages is one of the largest expenses they have to run their business.Most people that work at a job hopes to get a pay raise each year. Some employees want them more than once a year. Wages is one of the largest expenses they have to run their business.

Most Important Opinion is Yours

Bottom line with all the news and experts out there the final decision when it comes to our Personal Finances is our own. That is what we teach our boys when we are teaching them our rules to Financial Freedom.