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Written by Jimmie Burroughs Rule #1: Learn a person’s name and use it in your conversation. When introduced to a person for the first time, it is easy to let the name fly right over your head. The reason for that is, our mind is already busy taking in a lot of other things about this new person. Therefore, it is necessary to focus attention on one thing and that is hearing the name clearly. If at first you do not get the name, ask the person to repeat it. They won’t mind doing this. During the conversation use their name but don’t overdo it. You can start by saying,…

Buying or leasing New Cars Written by Jimmie Burroughs “Buying a new car is the single worst financial decision. Nothing you will do in your lifetime, realistically, will waste more money. It’s the single worst financial decision millennials will ever make.” – David Bach, Self-made millionaire Over my lifetime, beginning at age 21 up until 20 years ago, I made the mistake of buying or leasing new cars. If I had Invested $400 per Month beginning at age 25 for 33 years instead of making car payments. I could have been a millionaire by age 58. That is with good investments and compounded interest. What if I had invested the…

Written by Jimmie Burroughs “Earn as much as you can, save as much as you can, invest as much as you can, give as much as you can.” John Wesley Failing to continue to save after retirement The reason I’m writing these articles is, to help others to avoid doing the same things I did and making the same mistakes. Today I’ll share the most recent financial mistake I’ve made. My mistake was, when I first retired, I didn’t realize that I needed to continue to save, at least some. So, I saved only by watching how I spent my money and by not buying things I didn’t need, well…