Posts by Don Anders
Easy Money: Is Your Credit Score Important?
I’ve heard people say, “You know what? I don’t care about my credit score. I don’t want to borrow a bunch of money. I don’t want to be indebted to a bank.” Just because you don’t want to borrow a bunch, and just because you don’t want to become indebted to a bank, it doesn’t…
Read MoreEasy Money: Put EVERYTHING on Credit Cards! Here’s Why…
I know what you’re thinking. Credit cards are those evil things that put us on debt and enslave us, but they actually have their uses and there’s a way that you can “hack” credit cards. What most people overlook are credit cards have reward systems. They want you to put money on credit cards. Obviously…
Read MoreEasy Money: How Much are you Paying to Walk Into Your Bank?
So as we know, banks are businesses and they need to make a profit. Anything that they offer you is taking away from what they could potentially give you as interest. Banking used to be a way where they said, “Okay, if you would put money with us, we will give you some type of…
Read MoreEasy Money: Can Bond Funds(Fixed Income) Lose Money?
A lot of advisors and companies will offer bond funds and they call them “fixed income”. You might open your statement and you see that you have 40% equities and 60% fixed income, so you might think your 60% safe. But is that actually the case? Well, not really. Bonds don’t work like equities do,…
Read MoreFRS DROP Dinner Event: 02/05/2020 – Winter Park
Easy Money: Don’t Work with a Financial Advisor(Until You Read This)
It might sound like I’m bashing financial advisors, I actually am one. But you need to know that the words “financial advisor” are not regulated. Anybody can call themselves financial advisors, and they might not have any licenses, credentials, or backgrounds at all. What I’m going to teach you today is how to find out…
Read MoreFRS DROP Dinner Event: 02/04/2020 – Daytona Beach
Easy Money: Why Safe Investments Will Lose Money
I work with a lot of conservative investors. A lot of times they’ll come in and they’ll have a lot of money sitting in checking or savings, and believe it or not, even under their mattress. They’ll have cash just sitting there. I ask why, and they always say, “Well, I want my money to…
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