When 40 Acres and a Mule Won’t Do!: Retirement Is Not an Age, but a Financial Number

By LaShaundra Caesar

We will glance back at what did and did not happen back in the year 1865 with Special Field Orders 15, then move forward into what we can change to create a debt free/ wealth building America for ALL people. Financial Literacy in schools did not exist for most of us in our 20’s, 30’s, 40’s and older. Know that most of us have made mistakes with money and was not intentional in how we used it. “When 40 Acres and a Mule Won’t Do” was written to offer solutions to addressing these issues. This book is straight to the point with easy to understand text and strategies to read and apply to any financial situation. Most tips and strategies can be implemented in 10 minutes or less. ENJOY BECOMING DEBT FREE!

• Language: English
• Publisher: WestBow Press
• Release date: Mar 17, 2021
• ISBN: 9781664219847

LaShaundra Caesar

La Shaundra Caesar nació y creció en Kingsville, Texas. Se graduó de H.M. King High School y la Universidad de Texas A&I con un bachillerato en educación elemental. Recibió su maestría en educación administrativa de la Universidad de Texas San Antonio. Jugó baloncesto en la escuela secundaria y la universidad. LaShaundra sabia que quería ser una profesora y entrenar el equipo de baloncesto de la escuela secundaria. Su educación y el deseo de ser entrenadora la llevaron a San Antonio donde en 1997 su equipo “The Lady Hornets” de la secundaria East Central fueron al torneo estatal de baloncesto. Ella enseñó y entrenó durante treinta y dos años. Los últimos ocho años los pasó como subdirector y vicedirector en escuelas públicas y privadas. Con el verdadero corazón y amor por el entrenamiento y la motivación, se convirtió en una entrenadora de vida financiera certificada por el National Financial Literacy de Educadores Financieros y los cursos de Master Coaching de Dave Ramsey. Después de convertirse en una entrenadora de vida financiera certificada, ella emprendió su propia campaña de educación financiera. Ella abrió un despacho bajo “Caesar-Time”Financial Coach LLC, como directora ejecutiva y amplió sus servicios para ofrecer revisiones de pensiones, protección hipotecaria, beneficios de vida y gastos finales a sus clientes. La autora tiene su hogar en San Antonio, Texas con su esposa y dos mascotas. Estará encantada de responder a cualquier pregunta que pueda en el siguiente sitio web: whyequis.com/caesarsfinancialgroup

Book preview

Copyright © 2021 Lashaundra Caesar.

All rights reserved. No part of this book may be used or reproduced by any means, graphic, electronic, or mechanical, including photocopying, recording, taping or by any information storage retrieval system without the written permission of the author except in the case of brief quotations embodied in critical articles and reviews.

WestBow Press

A Division of Thomas Nelson & Zondervan

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Bloomington, IN 47403

www.westbowpress.com

844-714-3454

Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.

Any people depicted in stock imagery provided by Getty Images are models, and such images are being used for illustrative purposes only.

Certain stock imagery © Getty Images.

Scripture taken from the King James Version of the Bible.

ISBN: 978-1-6642-1982-3 (sc)

ISBN: 978-1-6642-1983-0 (hc)

ISBN: 978-1-6642-1984-7 (e)

Library of Congress Control Number: 2021901588

WestBow Press rev. date: 03/12/2021

CONTENTS

Introduction

Chapter 1 Financial Psychology and our Mindset

Acre #1 – Snapshot of America in 2020

Acre #2 – Easy on the Dopamine

Acre #3 – The Monthly Cycle of Money

Chapter 2 Budgeting Your Money and Getting Out of Debt

Acre #4 – Building a Healthy Relationship with Money

Acre #5 – What Do Wealthy, Middle and Low Income People Buy?

Acre #6 – Setting a Budget for your Family that Works

Acre #7 – Steps in Paying Cash with the Envelope Method

Acre #8 – Good News About Debt

Chapter 3 Biblical Plans for our Finances and Giving Back

Acre #9 – Have Our Priorities In Order

Acre #10 – Why Does A Good Steward Give Back

Chapter 4 Credit Profile

Acre #11 – Debt is the Wealth Killer

Acre #12 – Know the Differences in Good and Bad Credit

Acre #13 – What is the Range of Credit Scores?

Acre #14 – How to Improve My Credit Scores

Chapter 5 How to Buy A Vehicle and Save Thousands

Acre #15 – Know How to Negotiate your Next Vehicle Deal

Chapter 6 Taxes and Allowances

Acre #16 – Property Taxes

Acre #17 – What about Income Taxes?

Acre #18 – Want a raise, then give yourself one!

Acre #19 – Factors to Be Considered When Filling Out Your W-4 Withholdings

Acre #20 – Stay Home and Build Your Own Business!

Chapter 7 Insurance and Estate Planning

Acre #21 – Woo-Who………Let’s Talk About Insurance

Acre #22 – Compare the Basic Two Types of Life Insurance

Acre #23 – New Development in Life Insurance, Mortgage Protection, and Final Expenses

Acre #24 – What Other Types of Insurance are Necessary?

Acre #25 – Estate Planning is Vital for Everyone

Chapter 8 Interest and The Rule of 72

Acre #26 – Knowing this Rule can Make or Break You

Chapter 9 Making Student Loans Affordable

Acre #27 – Be Smart About College Cost

Acre #28 – Never Stop Learning

Chapter 10 Retirement Plan and Business Savvy

Acre #29 – What to Consider Before Retiring?

Acre #30 – Retirement is not an Age but a Financial Number!

Acre #31 – You Want to Start Your Own Business and be Your Own Boss?

Acre #32 – The Important Business Plan

Chapter 11 Investing 101

Acre #33 – Risks and Growth in Balance

Acre #34 – Compound Interest Builds Wealth

Chapter 12 Investments in Real Estate

Acre #35 – There are Only a Few Things You Can Do With Money

Acre #36 – Ways to Create Wealth in Real Estate

Acre #37 – Which Type of Real Estate Deals are Best for You?

Acre #38 – Example of a Buy and Hold Deal

Acre #39 – Make a Whopping 25 – 50% Interest in Texas

Acre #40 – The Big Ideas

Chapter 13 The Mule

ACKNOWLEDGEMENTS

I am so thankful for the love of God in my life. He is the author and finisher of my faith. I am grateful to my parents Bill and Janie Caesar, who are resting in heaven for making sure they taught me about God, forgiveness and instilled in me a work hard mentality. My mother was very creative in designing African attire and taking pictures of every event in my hometown of Kingsville, Texas. This is where I developed the entrepreneurship spirit. My father Chief Joe Bill Caesar served his country for over twenty-six years in the United States Navy. He taught me how to be a strong independent woman. Dad also showed me how to save and handle money. He loved to cook, build anything of wood and go camping. Dad was a collector of coins. I am truly grateful for loving parents who loved God and I thank God for blessing me with these loving parents.

The writing of this book When 40 Acres and a Mule Won’t Do has been a book in my heart and soul for over six years. I would like to thank a few people who helped to bring this book into the forefront for change. First, I would like to thank my wife