Amanda Stanhaus

Tag: commitment

Good vs. Bad Debt

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All debt is not bad.

(click on the bold-faced vocab words:))

Owing anything to anyone can bring out the scaredy cat in me. Responsibility! Commitment!

Extra ew when interest payments are involved.

For me, the reason why is critical to good decision making.

I will use this loan to fund…

  • my master’s degree, to land my dream job.
  • my home, to have a safe place for the rug-rats to play.
  • my car, to make my commute easier.
  • my peep-toe platforms, to win over that trust fund baby. He likes toe cleavage.

Will the loan realistically create an opportunity to add to my $$ once I’ve paid off the principal plus interest?

I decide what’s good debt or bad!

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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

What Do I Want From My Investments?

What do I want?

What’s my time frame?

How much commitment?

Am I ready to give it all up?

Questions I had to answer while picking stocks. My beloved $$ was up for grabs.

(click on the bold-faced vocab words:))

A couple of weekends were jam packed with business sections of newspapers and magazines, years of annual reports, financial blogs, and chats with my financial advisor.

Picking the right stocks for my financial situation, time frame and risk tolerance turned into a production.

I’ll re-answer the above questions every few months to make sure my portfolio still serves my needs. But remember, I value invest. Hiccups don’t faze me and my loyalty.

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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)