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Budget | My Money Track

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Tag Archives | Budget

Debt Got You Down?

Mark Cuban publicly stated he believes the next financial crisis in America will be over our massive student loan debt. If this loan bubble burst, it could lead to a disaster like the financial crisis of 2008. Few Baby Boomers, Generation X or Generation Z Millennials are aware of the $1.2 trillion debt owed. This […]

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Are You Harming Your Children?

What parent doesn’t want the best for their children and grandchildren? We virtually spoil our children out of love and provide them the best experiences life can offer. What we do not realize is that we are potentially setting our kids up for financial failure. The World is a cruel place. In spite of terrorist […]

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Married Boomer’s Just Got Robbed

At least five armed robberies occurred last weekend on the popular Katy Trail in Dallas, TX.And on Monday morning, many future retirees also got robbed.  Millions of Married Baby Boomers and generation x members just lost as much as $60,000 due to a big change in allowable Social Security filing strategies.  Hey, snooze you lose. As […]

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Hillary wants to take from the rich and give to the poor

  Robin Hood has traded green tights for a royal-blue pantsuit. Hillary Rodham-hood’s recent speech takes aim at those hard-working and successful Americans who have generally sacrificed to earn their wealth. It plays right in line with the comments made by President Obama years ago that “you, didn’t earn your wealth through you own hard […]

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How To Take Your Grand Kids on a Vacation

Most grandparents dream of treating our grandkids (and ourselves) to an amazing trip of a lifetime; but rarely know how to do so on a budget. Grand parents have grand ideas of what their little “mini-me’s” would enjoy. But in reality, keeping it simple is much easier for everyone and can be very affordable too! […]

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House Poor or Poor House? The Tiny House Movement…

For Baby Boomers this is a crucial question. For the next 15 years, there will be 10,000 Boomers turning age 65 each and every day.   And nearly all Baby Boomers in their 50’s and 60’s are carrying way more mortgage debt than their parents did at their age. And yet the trend is for this […]

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Baby Boomers Never Dreamt This Could Happen?!

Are you feeling a little peckish, hungry maybe? Baby Boomers and Generation X are feeling the pangs but it isn’t necessarily from their own hunger but those of being financially responsible for both their adult children and their aging parents. This new phenomenon in the U.S. is also known as (AKA) the “Sandwich Generation.” Our […]

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The Magic Penny

We are all often guilty of wanting instant gratification… so here’s a story for you that we bet you cannot correctly guess its ending.   Stick around for another 60 seconds and test your brainpower to answer this question:   Would you rather be given today a million dollars, or instead a magic penny that […]

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