Month: April 2008

By: Roshawn Watson This post is part of the Budgeting: Your Foundation for Wealth series The budget allows you to exercise better control over your finances because you know what is going on with your finances . Control means to exercise restraint or direction over; to dominate, regulate, or to command (Webster’s Dictionary). Now apply… Continue reading Controlling Your Finances Through Budgeting

By: Roshawn Watson According to the American Banking Association’s quarterly survey, consumers fell behind on their debt at the highest rate since 1992. Across all eight loan categories tracked, payments that are at least 30 days past due increased, reflecting the immense economic stress consumers currently face. Leading the pack was late car loan payments,… Continue reading Overdue Consumer Debt Skyrockets

Knowing What’s Going On? By: Roshawn Watson Knowing is half the battle. It is hard to plug a hole when you cannot identify its location. Budgeting shows you the problem by allowing you to see your real expenses… not what you think they are. Unfortunately, we sometimes have selective memories when it comes to recalling… Continue reading Budgeting – Your Foundation For Wealth (part 2)

By: Roshawn Watson Home prices are down, but the hopes and dreams of home owners are high. Since late 1990s, the average prices have nearly doubled. This has caused many people to try to purchase as much home as they can afford. However, if you look at a more long-term view, you will get a… Continue reading Is Home Ownership A Good Investment?

By: Roshawn Watson Thanks to all the people who wrote in over the past few weeks. I am fine but was too busy to consistently update Watson Inc with meaningful content. One hot topic that several readers wrote me about was Celebrity Apprentice. It ended on last Thursday. Since I was giving weekly recaps, I… Continue reading Trace Atkins – The Better Celebrity Apprentice

By: Roshawn WatsonPart 1: Where did my money go? Whether you make $40,000 per year or $400,000, you can still be broke. People constantly ask me questions about their finances, especially with regards to planning for retirement, getting out of debt, or saving for education. It always amazes how some people waste so much money… Continue reading Budgeting – Your Foundation For Wealth (Part 1)