The Credit Card Accountability, Responsibility, and Disclosure Act, which was enacted last year, will go into effect soon. What does this mean for you? One thing is that credit card companies now have a cap on what they can charge a customer for late fees and penalty charges. The new cap is twenty five dollars on all late payments. This, theoretically, will keep companies from taking advantage of cash-strapped customers, and at first glance, seems beneficial. However, it does not correct the problem of why people end up in this financial predicament in the first place. If you find yourselves making late payments or minimal payments on your credit card bills, give us a call. There is a better solution other than capping your penalties and making the minimum payment. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
According to a book written by Gerald May regarding addictions, there are one hundred and five various things that one could become addicted to. Many of them appear to be good things, such as food, shopping, exercise, work, relationships and prescriptions written by a doctor. However, all of these things can become harmful if we can’t handle them in a correct manner. The use of prescriptions obviously can go south if we misuse them. Staying in a relationship which involves some form of abuse is unhealthy, especially when you continue to try to justify it with excuses. And work could turn into a bad thing if it continually comes before our families. This shows you that any number of things have the potential to become addictive if not handled in a healthy way. Let us know if you need help figuring this out. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
A couple of major hotel chains are now “relabeling” their locations based upon tastes and budgets. This is good to know since there are times when it’s tempting while we’re on the road to spend too much money to receive things we like, but can’t afford. Hopefully, as you travel the highways and find yourself in need of a room, you won’t spend more than you should. It would be great if we could take this approach to every aspect of our lives. I, too, would like a new truck or the latest, greatest computer, but my budget does not allow that. A budget is a saving and spending plan. Don’t overspend your budget because of the tastes you have. We need to be good stewards of our resources. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
If you follow the stock market in the process of investing for your future, you’ll notice that it varies a lot from day to day. The S&P 500 has what they call a “200 day average.” The goal is to stay near or above this 200 day average, which is also used as a gauge to determine how the market and economy are doing. Recently, the S&P had declined nearly fourteen percent from this average. That has a tendency to put investors into a tail spin. Did it throw you for a loop? It is very smart to prepare for your future and set realistic financial goals, but how you prepare and where you are investing is another story. Your money will always follow where your heart is. Let us know how you are preparing for your future. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
Truck drivers deliver most or all of their goods to retail companies. Studies show that these companies lose nearly 33.5 billion dollars a year in revenue due to loss of product. Forty-three percent of this amount is due to theft. I personally have a hard time comprehending that people steal this much product. Is it necessary for people to steal in order to make ends meet, are they doing it out of fun, or just for spite? First of all, everyone knows that stealing is wrong. And secondly, if you find yourself in this forty-three percent, ask yourself why. If you are in dire need of the product, but your finances are too tight to make a legitimate purchase, let someone know. We can help point you in the right direction. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
Many drivers use Facebook, the internet social giant. In a recent newspaper article, I read this statement: “Facebook is in the business of making money, not protecting privacy.” I don’t disagree with that, but others feel that it’s the internet company’s responsibility to keep some things private. My question is, if a person wants something to remain confidential, why post it on the internet?Secondly, why rely on someone else to take control of personal information? When it comes to your finances, let me suggest that you do both: take control of your own personal money-making responsibilities and protect your own privacy. Let us know if we can point you in the right direction. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
Since the oil spill disaster in the Gulf of Mexico has taken place, a leader with another oil company made a statement that the industry is “not well-equipped” to handle spills in deep water. After some research, a lawmaker discovered that only .008 percent of the company profits are going towards improvements for the future. That is alarming. What are you doing to invest in the improvement of your future? Let me encourage you to prepare for your retirement. Don’t wait until it’s too late. We have people standing by to help you if you need direction on how to start. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
As I followed the oil spill disaster in the Gulf of Mexico, I read there were warning signs to the drillers indicating that something was not right. One expert stated that oil pressure readings will reveal problems before a “blowout” occurs. Obviously, the readings indicated trouble, but no one heeded the warnings. If you follow these same standards with your personal and household income, trouble will not be far behind. If you see indicators that you have a problem in your household with your income, budget or spending, please don’t wait until a “blowout” occurs before you seek help. Contact us if you see warning signs or aren’t sure what the warning signs look like. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
We’ve recently witnessed the oil spill in the Gulf of Mexico, one of the worst oil spills in history, and there appears to be no end in sight for this disaster. I read an article in the newspaper which claimed the company responsible exercised “irresponsible drilling”. That seems pretty clear now looking back at the incident, but why didn’t anyone see the irresponsibility before the problem occurred? Let me suggest in your own finances, you take a look to make sure you are not handling your money irresponsibly. Don’t wait until a disaster strikes before you address your problem. Call us if we can help. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
I like to follow the Dow Transports stock indexes to see how the transportation industry is doing as a whole. As you probably know, it has been down since August 2008. The first quarter of 2010 looked pretty good, and the second quarter is following the same pattern. In the last five days, it’s gone up nine percent. I recently reviewed the first fifteen companies on the list and only three were slightly down, and the others were significantly up. What do you watch when it comes to your money? Do you watch the transportation industry? Do you watch the future? What is it that has your financial, and ultimately your heart’s, interest? Let us know. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
A young driver was very happy about purchasing his first car. He hadn’t even made his first payment yet when he rolled it over and totaled his prized possession. He is now making payments on what many of us would call a “dead horse”. How would you deal with this without getting discouraged or financially in the hole? We can offer help in these areas. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
I would like to talk about the power of debt versus the power of saving. The key word to understand is “interest”. It can either work for you or against you (of course the preferred being for you). If you overspend by $80 each month for five years, you would have overspent by $4,800. If you charged it, in order to pay this off in five additional years at 18%, you would actually pay back a total of $7,485. That’s the power of debt. If you save $1,000 per year for twelve years, you’ll have saved $12,000. If you invest it, the same amount after the same time period would be worth $24,672 with 6% interest. That’s the power of saving. Get the idea. Start saving today. Let us know if we can help. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
Do you have any financial dreams or goals? Maybe you want to get your truck paid off quickly, retire at a certain age or travel in something other than an 18 wheeler. Usually financial dreams or goals are closely related to your life. Spend some time identifying what they are. Then write them down and put together a plan to reach them. Start with getting out of debt and then begin saving cash towards your goals. You’ll be well on your way to reaching them. Call us if we can help. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
We have talked about using a budget to manage your money. Before you can accomplish this correctly, you must first know the condition of your current finances. Do you know where all of your money is going? Start keeping track of every penny you spend each month. Then analyze your spending habits by asking the following question: Are there items that can be cut out of your monthly bills to reduce the overall total? Are there any unnecessary items you are buying that don’t really need? Is there a cheaper way to get the same result? You may find that you were losing money to trivial items that could help you pay off some debt or go into your savings plan. If so, make those changes and continue on from there. Don’t know where to turn? Let us help you. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
I know that some four letter words are bad, but here’s a six letter word that many of you feel is terrible: budget. However using a budget accomplishes two different things. It helps us determine our financial priorities and it instills discipline to achieve those priorities. If you’re like me, you probably don’t like either one of these ideas. I promise you’ll like the results. There are a number of different budgeting plans and techniques available to choose. Pick the one that is the simplest, and works best for you. Call us if you need help with a budget today. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
Do you have any debt? Studies show that many Americans have ten to twenty thousand dollars in consumer debt. Consumer debt comes from purchases that are consumption based versus investment based. A mortgage is considered an investment debt while credit cards, auto payments or a Snap On accounts are viewed as consumer debts. Consumer debt can weigh heavily on you and your family if not kept in check. Consider cutting your credit cards in half, stay out of shopping malls, and create a budget (and stay on it). Also the next time you feel led to make a purchase, ask yourself “Do I really need this?” Then delay the purchase for 30 days and ask yourself again. Chances are you’ll discover the answer is “No.” Call us if you need help managing your debt. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
Do you have money stashed away for unplanned emergencies like unexpected hospital bills, new car tires, your children’s college fund, your retirement? One way to get ahead financially is to save a little money from every paycheck to cover unplanned expenses before you pay the rest of your bills. It’s called paying yourself first and some financial experts recommend it be at least 10% of your income. Now, if you’re like most of us, you probably pay everything else and then wait to see what’s left to decide how much to save. Chances are there usually isn’t anything left. So pay yourself first even if it’s a small amount. You’ll discover that you never missed it and you’ll form a good financial habit. You’ll be glad you did. Let us know if we can help. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
When it comes to handling money properly, there are many ways to avoid making simple mistakes. For example, do you purchase a new car every couple of years? It’s actually cheaper to maintain your current car than it is to purchase a new one. Also, don’t over spend on things like your cell phone package. Ask yourself if you really need some of those options you’re currently signed up for. Think about other items like your cable bill. If you’re out on the road all the time, do you really need the large cable package you currently have? Did you know that studies show people that don’t use credit cards spend less? So consider eliminating or freezing your credit cards in a huge block of ice even if you don’t carry a balance. Last but not least, look for ways to have fun for little or no money. Get creative and spend less. You’ll be glad you did. Call us if you need help. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
We’ve all read about or know of people who either made it to the top of their corporation or own their own corporation. Whenever I would read about someone like this, I wish I could try having it all for awhile. The fact is it is not possible to “try it.” It requires a lifetime of hard work and sacrifice. People at all levels have literally given their all to reach their goals and end up with disappointed expectations and empty victory. I imagine they’ll eventually wonder when they look at what they’ve amassed and ask, “Is this all there is?” Balance is wisdom. Riches and power can provide comfort, but they cannot guarantee happiness or satisfaction. The pursuit of riches is not all there is to life. There is much more. We can help. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
Many have seen good jobs disappear in this economy. Some drivers were working one day and then the company closed its doors the very next. Other drivers had their trucks taken, and were left stranded on the road. When you’re faced with joblessness or the loss of income, anxiety can understandably take over. You may be trying to get home, wondering what you are going to do to support your family, racking your brain to come up with a new game plan or checking your bank account to see if you have enough to make it. These are all real concerns. However, to get your sense of balance back, the first thing you need to do may seem counterintuitive. Contact us to learn more. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
Want to help? You can help us get the word out about www.driverswellness.com by forwarding a link of this blog to your trucker friends and family.
