Dawn Bennett - A Guide for Paying Off a Credit Card Debt

Dawn Bennett is a successful financial advisor, and the CEO of Bennett Group Financial Services, a venture she founded. As someone who had hundreds of clients with credit card debt problems, she understands the severity of the situation, which is especially prevalent in the United States. Dealing with credit card debts is a delicate situation, and the solutions do not always have an immediate impact.

Setting a Milestone Plan

Consumer debts are hard to handle, mostly because they are associated with excessive shopping habits, and an inability to live within one’s own means. People often amass their debt within a short period, and it is hard for them to accept that paying them off will likely take considerably more time. A plan with milestones is one of the better ways of ensuring success; you can monitor the process, and see whether you manage to reach your respective milestone goals or not.

Lock Your Card Up

It is a very simple strategy that ensures you cannot use a card that could otherwise get you into trouble. A big problem for most people who end up with credit card debt is that they cannot say no to temptation. By not giving yourself a chance to use the card, you can manage your debt situation more efficiently.

Lower the Overall Expenses

Do you have extra expenses? Cutting down on the expenses is one of the more realistic ways of creating extra available money to pay off your debt. Preparing your own food, making your own coffee, these are just some of the most common examples. 

Dawn Bennett helped many people improve their wealth management abilities throughout the years.

Sources: http://www.nomoredebts.org/debt-help/getting-of-debt/solving-debt-problems-tips-for-paying-off-credit-card-debt.html

Dawn Bennett - Start Working with an Investment Manager

An investment manager can help you build a healthy portfolio. Dawn Bennett, the president and chief executive officer of Bennett Group Financial Services, LLC has a keen eye for finance. She has been a money manager for thirty years and keeps a careful eye on the financial market. She is a professional, who strives to help each of her clients make a profit. If you are interested in building an investment portfolio and growing your wealth, working with an investment manager may be the right choice for you.

An investment manager is a professional who has an extensive knowledge of the financial market. Investment managers are often able to build diverse portfolios that can bring investors a good return. If you are a new investor, it may be a good idea to begin working with a money manager. A reputable professional can help you determine which investments are best for your needs and your future financial goals.

Firms such as Bennett Group Financial Services, LLC offer clients information and education. Bennett Group Financial Services strives to provide its customers with comprehensive services. The company’s “financial research and media outreach programs are designed to help grow and lower overall risk and conserve your assets by delivering a high level of personalized financial analysis and skill.”

Investment managers can provide you with all of the tools you need to build a secure portfolio that could lead you to a stable financial future. Dawn Bennett, the founder of Bennett Group Financial Services, has three decades of experience as a money manager.

Sources:
http://www.bennettgroupfinancial.com/index.html

Dawn Bennett - The Benefits of Being Bilingual

Dawn Bennett created Bennett Group Financial Services and began building her career as a financial professional. She has been a regular contributor on Fox News Channel’s “Forbes on Fox” and “Cavuto on Business.” She has been a contributor for CNN, and CNBC’s “Kudlow & Company” as well. Bennett is bilingual and learned Chinese at Middlebury College. Bilingualism can be a valuable skill for financial and business professionals. There are several benefits to being bilingual. 

If you work in business, finance, or in another international industry it may be helpful to learn a second language. If your career involves working with companies or clients that are located in foreign countries, developing your language skills could help you advance your career. Strong language skills may help you connect with your foreign colleagues and clients. 

Learning a second language could help you develop a better understanding of another culture or country. For example, if you work with clients in Beijing, learning Chinese could help you develop a well-rounded education of that culture. Studying a language can help you learn about the history of a specific region. 

If you work with clients or colleagues who are based in a foreign country, you may need to use a translator. Learning a second language may allow you to skip the translator. Speaking with your clients directly could help you build better relationships. Dawn Bennett learned how to speak Chinese so that she could advance her career as a financial and business professional. She is a chief executive officer in Washington, D.C. 

Source:
http://www.Bennetttgroupfinancial.com/dawn-j-Bennettt

Dawn Bennett - Simple Steps to Reduce Debt

Dawn Bennett of Bennet Group Financial Services knows that personal debt is both crippling for the consumer and the economy. Though debt is extremely simple to get into, it’s impossible to get out of it without setting some very basic goals and intentions to do so that will require specific actions and changes in spending behavior.

1.Begin reducing debt by focusing on your credit cards. If you have numerous accounts, limit your spending to use only one or two cards and pay off all new charges in full with each payment. At this point, do not plan on purchasing anything that you cannot pay for right now.

2.Focus on paying off one credit card at a time until they’re all paid off. Continuing to pay the minimum on each bill doesn’t work toward your accrued debt, and those cards will never get paid off if you’re never above the minimum. Try to up your payments on one card between $150 and $200 dollars per month, not including the minimum payment. After you finish one card, move on to the next or onto a different type of consumer debt that you owe with the same plan.

3.After you begin to make significant dents in your overall debt, continue with the thought process of paying everything off in full each month. Don’t make purchases that you can’t afford unless you absolutely must. In short, don’t take your relief from debt as an excuse to accrue more.

Dawn Bennett is the host of the national radio show “Financial Myth Busting.”

Sources:
http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/January-2014/six-simple-steps-to-reduce-personal-debt.aspx

Dawn Bennett - Media and Truth Regarding the American Economy

Dawn Bennett, the host of “Financial Myth Busting,” is a passionate advocate for the truth about the nature of what is actually happening with economies across the globe and how they’re all connected. The problem is that it can be difficult to find truthful accounts in the everyday news that illustrate the precarious nature of the American economy as it stands today.

While the Federal Reserve continues to tell consumers that the economy is both stable and on the rise, there are numerous red flags pointing to the fact that we’re not out of the woods yet. In fact, Dawn Bennett believes that we’re looking at another recession in the near future if it hasn’t already begun. We’ve begun to see declines among American companies through quarterly profits reports in 2015. Numerous companies in the industrial fields are beginning to cut spending according to Daniel Florness, the CFO of Fastenal Co., with nearly a fifth of industrial companies spending 25% less. The trouble is imminent.

At this rate, the consideration by the Federal Reserve to raise interest rates poses a problem with an economy that does not appear to be growing or becoming stronger. Maintaining a sense of vigilance and relying on sources that you trust is key to fully understand what we may begin to see in the near future.

At the end of the day, the best way to prepare ourselves is by creating intentional savings and diversified investment plans. Dawn Bennett is the founder and CEO of Bennett Group Financial Services.

Sources: http://dawnjbennettblog.com/
http://www.wsj.com/articles/u-s-companies-warn-of-slowing-economy-1445818298

Dawn Bennett - Tips to Learn Foreign Language

Dawn Bennett knows that being fluent in a variety of foreign languages is highly valuable in the financial services industry. As a radio show host who educates listeners about making smart financial choices, speaking different languages helps us see a more detailed picture of the relationships between individual economies to create what we know as the world economy. Though learning a foreign language can become more difficult as we become older, there are numerous methods to get you started on the right track.

• If at all possible, try to live in a country for a period of time where they speak the language that you want to learn. Though it’s entirely possible to learn without doing so, it will help you begin to think in the language and communicate fluidly much more quickly. If that’s not an option, try to revamp your leisure activities to include the language, like watching movies or listening to podcasts in that language.
• Practice every day with native speakers if possible. Language is a tool that you lose if you don’t use it frequently. If you can’t study abroad, try to connect with people near you from a language school who are native speakers of the language that you’d like to learn.
• Keep a word diary when you run across new vocabulary and revisit it every so often. Singular words must be used repetitively before they stick.

Dawn Bennett is the host of “Financial Myth Busting.” She regularly appears on Fox Channel News, MSNBC, CNBC, and more.

Sources:
 http://www.languagelearningportal.com/articles/en-GB/1415/10-useful-tips-and-tricks-to-learn-a-new-language.html

Dawn Bennett - A Priority on Financial Planning for Young People

Dawn Bennett of Bennett Group Financial Services knows that long-term financial security is more likely when you start young. Though planning during every phase of life is important, prioritizing savings and investment in your twenties can lead to a sustainable retirement. There are a variety of steps that will help young people begin their financial planning on the right foot, such as the following.

• No matter what your financial circumstances are, save as much as you can.  Even if it’s just ten dollars per month, always save something. Deciding to make it a priority and developing the habit is crucial.
• Develop a goal. As your income begins to increase, create long-term goals regarding how much you would like to have saved in the next ten, twenty, thirty years, and beyond. How will you get there? What kind of decisions will you have to make to ensure that you’ll be successful?
• Start investing early by creating a diversified portfolio. Though it can seem intimidating at first, a basic amount of research or guidance from an investment professional can help you feel ready to make informed decisions. While putting money at risk can seem terrifying, especially if you don’t have much, you lose the opportunity to make huge financial gains over time without any extra effort on your part.

Dawn Bennett is the host of the national radio show “Financial Myth Busting.” She is also the owner of DJ Bennett, a prominent line of luxury sporting goods for athletes and adventurers.

Sources: http://www.forbes.com/sites/mitchelltuchman/2013/12/11/financial-planning-in-your-20s/#22f75e815ede