As I sat down to pay my bills this evening, I realized, I forgot to mention that today is Bank Transfer Day! Contrary to common practice, we are not celebrating robing Peter to pay Paul, by transferring your credit card balance from one card to the next. Although, if you are trying to reduce your debt, transferring your credit balance to a card with less interest is a good way to go. I caution you that most cards have transfer balance fees and sometimes the fee is so high you should just leave things where they are and pay your bill. If you’ve been a good customer, you may be able to convince the bank to lower your interest rate. I’m not a certified financial planner, so back to today’s holiday.
In 2011, Kristen Christian started a campaign urging people to transfer their banking business from “Big Banks” to Credit Unions. Her protest was ignited by the growing amount of maintenance fees being charged by “Big Banks.” Credit Unions have plenty of benefits, however, Credit Unions are like exclusive clubs you can only join based on where you work, live, and the associations with which you’re affiliated. If you have a family member that loves you or a friend that likes you a lot, they can open an account for you. Celebrate today by examining your banking relationship. If it’s time for you to take your business elsewhere, find the Credit Union best for you, move your money, and…
HOLIDAY ON MY FRIENDS!!!
Of course, as April 15th rolls around we think of our taxes, but today we put on the black veil as we celebrate Mourn for Your Money Day! The year was 1943. Roosevelt was president and tax reform was the topic of discussion. Usher in the Current Tax Payment Act of 1943.
Imagine you want to have your bathroom redone, but instead of getting a quote for the job and paying the amount owed, you hire a contractor, just give him fifty-thousand dollars and tell him to give you the change when the job is finished. This seems like an odd way to do business, but this is exactly how we do business with the government. Throughout the year we have a pay-as-you-go relationship with our taxes and trust the IRS to give us the correct amount of change the following year. Sometimes we even have to pay a little more. Every couple of weeks, most of us say, “Hasta luego, mula” hoping to be reunited with a portion of it sometime the following year. Today reflect on how that makes you feel. Depending on your perspective, you can observe today a variety of ways.
- Think of all the wonderful things your tax dollars support.
- Mourn all the good deeds and luxury items you’d buy if you didn’t have to pay taxes.
- Give Mourn for Your Money Gifts and keep 40% of each gift for yourself.
H L D Y ON MY FR NDS!
Celebrate today like a B-O-S-S! It’s Be a Millionaire Day and why not?! I already know all the unnecessary stuff and extravagant services I’m going to buy!
Today only comes once a year. You can celebrate today one of two ways: realistically or unrealistically. Either way, I’m not responsible for the repercussions of your decisions, but I am accepting donations for my savvy advice.
Take today to be responsible. Examine your finances and rearrange your portfolio. If you think this has something to do with your photo albums, take a step back. Open up a bank account and get out of the check cashing line. Snowball down your debt and invest in a mutual fund. Step up your employment game and take those Pheonix classes you’ve been flirting with. Write down the vision for your life and a plan to make it a reality. Ask yourself, how will I make my first million? Hopefully, it won’t involve a lawsuit and a compromised body part. But, if it does, that’s your choice. Pace yourself. Today is day one of your first million.
“If you’re already a millionaire, inbox me for additional tips.”
Ball-Till-You-Fall! You may not be Rick James, but you’re Rich, B#^$%! Rent a Tesla for the day! Eat out wherever you want and let the chips fall where they may. You may be homeless tomorrow, but today ain’t tomorrow. Money is flowing like honey and you are BALLIN’! Get your hair done, feet done, everything done. Take out a front page ad and have it printed in 24 inches, “First Class Everythang!” Today only comes once a year and you better act a fool with it!
Whatever you do, remember tomorrow is Waiters and Waitresses Day! You can just get a job and make that money back two-fold!!!