It keeps getting better

Last night was another great Financial Peace class. We began the night by cutting up 10 credit cards. That's 18 total for this class. Way cool!

After the credit card party, we started the DVD and learned all about investments. Here are a few key points when considering investing.

1. Savings would be defined as a period of 0 - 5 years.
2. Investing is anything over 5 years.
3. Playing individual stocks will on average get you a return of only 7%
4. Diversification (to spread around) is the most important part of your investment plan.
5. Pay off your consumer debt before you start investing.
6. The Roth IRA is a great investment choice.