Weekly Wrap-up #2: Water Challenge and more…

Well I didn’t win the mega millions jackpot…that sucks, but my office pool did win $150 bucks!  So at least I recouped my initial cost. Despite that, the week was awesome and I hope yours was just as awesome.

Now on to the good stuff.  As you guys know, I vowed to improve my intake of water by pledging to drink at least a minimum of 64 oz. of water every day for the next six weeks.  On the weekends, I’ve decided to give myself a break and drink what I want.  We are now in the second week.

As promised, below is an update on the Health is Wealth Series Water Challenge:

Monday – 64 oz. Yeah!

Tuesday – 64 oz. Yeah!

Wednesday – 50 oz. Almost there.

Thursday – 36 oz. Ah, I hate that.

Friday – 64 oz.  Yeah!

That’s an improvement over last week.  Hopefully next week will be better.

My Quote for the Week:

Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude.
-Thomas Jefferson

Other related posts:

 

 

Mega Millions Lottery: Show me the money!!!!!

Ok, I broke down and purchased a lottery ticket for the Mega Millions today and to increase my chances of winning, I also joined two other lottery pools at work.

Let me be the first to say that I normally don’t play the lottery for various reasons but I’m making an exception today.  I can’t pass up a $640 million jackpot….that’s a lot of money!

Can somebody say cha ching?  Show me the money baby!

Everybody and their grandmother are playing the mega millions and rightfully so with the economy being the way it is currently.  In California the people were wrapped around the building to get a lottery ticket and in New York they were selling thousands of  tickets a minute.

Honestly…can you imagine what you would do if you won $640 million dollars?  I can’t even phantom having that much money.  I do know one thing….you could change the legacy of your family forever and be a blessing to some of your friends too!

Most people would tell you that I’m a frugal person but if I won mega millions, I wouldn’t have any problem splurging on a few things. 🙂

Below is a list of some of the things I would do if I had the winning numbers:

  • Set up a Trust Fund (I’d take the lump sum payout, after taxes)
  • Pay Tithes to my church and a few other charitable organizations of my choice
  • Pay off all debts
  • Move out of my current house and build a brand new spankin’ custom home with all the bells and whistles.
  • Give money to family and friends
  • Purchase my dream car…..a BMW 7 series
  • Take a luxury vacation around the world for about 12 months…I need a break

I would save the rest and make sure that if I did have children they would have a college fund and other funds set up.  Hiring a CPA or a CFP wouldn’t hurt.  I’d definitely need help managing that amount of money.

The chances of winning are slim to none (1:176,000,000) you’d have a better chance of getting struck by lightning but it still doesn’t hurt to dream every once in a while.

What are some of the things you would do if you won the lottery?

Beware Of Payday Loan Debt Collection Scam

The following article is a guest post from Marlon at Debt Consolidation Care.

Payday loans are considered by most to be an easy option to get some quick cash. However what most of the people fail to understand is that payday loans can prove to be hazardous.  The majority of these payday loans are companies that are not even licensed to do business in your state or they simply are scams.  As a result, most of these payday loans end up being rip-offs. Individuals who take out payday loans intending to pay off debts normally only end up incurring more debts.

Payday loans and collection scams

Payday loans can also give rise to collection scams.  With that being said, don’t fall into the trap of taking out payday loans in order to pay off your debts or to manage monthly expenses. Payday loans can be alluring because they are very easy to obtain.  These days a credit check is not even required.  Don’t let this persuade you, it is better to avoid taking out one. These payday loans have high interest rates making it really tough for you to pay back the loan.

If you’ve already taken out a couple of these payday loans…don’t panic.  First of all try to find out the payday loan laws in your state. Secondly, try to find out if the payday loan company is even licensed to do business at all. You’ll find that in most states, payday lending has been declared illegal which further proves why it is so important for you to avoid these types of loans all together.

After doing your research you find that your state doesn’t allow payday lending and especially if you are receiving collection calls then you’re rights have been violated and you must take action to avoid further calls.

If you are getting collection calls you need to first determine if the collection calls on the payday loans is just a scam. You will have to try and find out if you ever had taken out any payday loans. If you have never had taken out any payday loan, it would be better to avoid the calls. This is because, in most of the cases it has been seen that the collection agencies do harass people over payday loans even if they have no links with the same. Rather than panicking over such a situation, it would be better for you to handle the situation with firmness. If you are sure that you have never taken out a payday loan simply dismiss the calls.

However, if you are aware that you had taken out payday loans, first check if your state at all allows payday lending. Then check if the payday lender has the license to lend money. If the payday lender does not have the license and if your state does not allow payday lending, you will be required to pay back only the principal. Otherwise, you can try consolidating the loans to pay those back.

Ultimately, pay day loans are a rip-off and you should be avoided.