Author - Zebert L. Brown

Federal stimulus checks are stsrting to arrive in personal bank accounts across the country. But what will you do with your financial windfall?

Money is personal. Therefore, it's understandable if for most people the priority is to ensure their basic survival needs are met - food, shelter, transportation and medical. What you do after taking care of the essentials could mean the difference between staying in debt, continuing a life of scarcity or taking prudent steps towards moving closer to wealth.

There are three basic steps that are essential to breaking the cycle of debt and building lasting wealth: 1) get your financial house in order; 2) improve your credit; and 3) acquire assets. Once you learn how to put these three simple steps in play, you can change your personal economy and move from debt to wealth.

Get your copy of "Break the Debt Cycle in 3 Simple Steps" and learn how you can move from debt to wealth in three simple steps.

http://www.amazon.com/dp/1495324346
http://www.breakdebtin3steps.com

The coronavirus (Covid-19) pandemic has set global and domestic financial markets in a tailspin. As governments around the world work to find solutions to stop the spread of this virus, households are feeling the pinch. Millions of workers have been sent home as a precaution in an attempt to stem the spread of this virus. In the meantime, this has led to widespread financial uncertainty for businesses and consumers alike.

In America, the federal government appears to have ironed out a short-term financial aid package for businesses that will allow them to borrow money cheaply to help meet payroll at least for the next 2 to 3 weeks. Workers haven't been forgotten in all of this, however. Government has also come to terms on a stimulus plan that will provide financial relief to families impacted by the rapid spread of this virus. While individuals and families await their stimulus checks, here are a few things to keep in mind that can help you put your newfound financial windfall to good use:

1) Make a budget plan. To many, budgeting is a chore. SURPRISE! It's suppose to be. Preparing a budget plan takes time. Careful consideration should go into every expenditure. Your budget is a tool, however, intended to help you stay focused on your financial expenditures and identify your financial priorities. Until you know precisely where your money goes, you don't know how exactly to break from your money woes. Take the time now to prepare a short-term budget plan lasting for at least 3 to 4 months. When this pandemic does blow over and you find you have your debts well under control while everyone else is still under financial stress, you'll be thankful you had your budget plan to help see you through the chaos.

2) Don't spend it all in one shot. Put some back for emergencies, future needs or leisure. Although your government stimulus check is intended to carry you through these difficult times, there's nothing saying you have to spend it all on bills. According to leading economist, nearly half of all Americans don't have sufficient levels of savings and nearly one-third have no savings at all. Consider paying yourself first and stimulate your own personal economy by stashing some of your federal stimulus check into a savings account. When you look back and see how your savings as grown, you'll be so glad you did.

3) Do a little spring cleaning. Now that Spring is here and you've got time on your hands (and hopefully a little extra money), why not do some Spring cleaning and tackle one or two DIY home repair and improvement projects (assuming your bills are caught up, of course 😉)? If you can afford to do so, consider using part of your stimulus check to upgrade kitchen appliances, paint or re-wallpaper your living room, bathroom or kitchen, add a new appliance, replace or refinish kitchen counter tops, replace or repair leaking faucets, replace old carpets or install hardwood flooring. Give your home new appeal while increasing its value. Trust me when I say it'll be money well spent.

For more tips and detailed information on how you can break free of debt for good, get your copy of "Break the Debt Cycle in 3 Simple Steps" today at these fine bookstores: Amazon.com, Barns and Nobles and GoodReads.com.

An interest rate hike isn't necessarily a bad thing. There are some positives to raising interest rates. Read my latest blog post: "The Pros and Cons of Rising Interest Rates" at http://breakdebtin3steps.com/wordpress1/ and learn how you can take advantage of changes in interest rates.

breakdebtin3steps.com

Ready to spend your tax refund? Not so fast!

Read my latest Beyond The Debt Cycle blog post: "10 Ways to Spend Your Tax Refund and Build Assets" at http://breakdebtin3steps.com/wordpress1/ and watch your George Washingtons turn into Benjamin Franklins.

Break the Debt Cycle in 3 Simple Steps Learn how you can break the cycle of debt in 3 simple steps using this self-help guide on personal financial management.

Having a money game without an effective spending and investing plan is a game you're bound to lose. Why not play to win? Order your copy of Break the Debt Cycle in 3 Simple Steps and get your mind on your money the right way.
www.breakdebtin3steps.com

The Wells Fargo banking scam has rocked consumer confidence to its core. Read my latest Beyond the Debt Cycle blogpost and download my new eBook entitled "Home Network Security and Protecting Against Internet Scams" to learn how you can detect the fakers and protect yourself from being scammed before they break you!

http://breakdebtin3steps.com/wordpress1/2016/10/10/home-network-security-and-protecting-against-internet-scams/

Home Network Security and Protecting Against Internet Scams – Beyond the Debt Cycle Recently, one of the nation’s leading banks, Wells Fargo, was fined $185 million by federal regulators for opening fraudulent bank accounts, credit and debit cards in their customer’s name without their permission. At least 5,300 Wells Fargo participated in a scheme that involved enrolling their cus...

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