Explain Investing And Finance

Explain Investing and Finance, Follow 5 Simple Rules For Both Investing and Finance

Topics on Tap Inside Explain Investing and Finance:

  1. Investing and Finance Rule Number 1
  2. Finance and Investing Rule Number 2
  3. Investing and Finance Rule Number 3
  4. Finance and Investing Rule Number 4
  5. Investing and Finance Rule Number 5
  6. FINAL THOUGHTS ON INV and FIN

Explain Investing And Finance

The two words investing and finance may send some people into a tail spin. But, for a relentless and determined mind, investing and finance can be mastered with relative ease. I firmly believe if you follow these 5 rules, or “general principles” if you will, you can become an instant expert.

Let me toss my experience into the ring so you know where I am coming from. I have actively practiced as a stock broker, real estate broker and mortgage banker. And, I also had an active seminar program in which I taught investing and finance.

I only tell you about my experience to let you know learning these fields can be done if it’s a genuine desire to learn. Never will I share my experience just for bragging purpose. I mentioned 5 general principles because in my opinion these principles should be applied to all investing and finance arenas. 

In order to make them work for you, all you need to do is add discipline to the mix. And that’s the discipline to put them in place and the discipline to follow them by exercising them at the correct times.

Subsequently, if you ask me, the first rule is blatantly obvious. So let’s get right into the thick of it.

Investing and Finance Rule Number 1

Pick a Strategy and Follow It

No one strategy will always be inherently better than any other. The reason no one strategy will always be better is because of the changing market dynamics. There are many ways to be successful in your investment arena. Different people will obviously use different methods to pick stocks.

For example, and all of these people will believe their method will successfully fulfill their investing goals.

Pick any other investing media and the same will hold true. Real estate, collectibles, automobiles, whatever, all require you to pick a strategy. Generally speaking, once you find your style, you probably want to stick with it for awhile. 

The second rule only sounds complicated. It actually becomes easier to do as you gain more confidence and experience in your investing method and style. And, the sooner you can master it, the sooner you will always have a profitable portfolio.

Finance and Investing Rule Number 2

You Should Always Sell the Losers and Let Winners Ride Out Their Course

And now it’s time for a quick explanation. However, I’m willing to bet you caught on to this one right away. Even though it comes across self explanatory I’ll give it a quick run down.

You’re going to sell the losers to preserve capital. You don’t want the asset to depreciate to zero. On the other side of the coin, you let the winners ride to as high a price as you believe it will go. Should you sell before it reaches the top NEVER, and I mean NEVER, bemoan the few dollars you let get away.
The road named the “Guaranteed Profit” road is paved by selling appreciated investments. Appreciated means they are worth more than you paid.

Which makes it obvious for once some appreciation isn’t a setup!

This just might be a real good thing after all!Your investment choice really doesn’t make any difference. For example, they could be stocks, homes, baseball cards or even collectibles. All of which have a value that goes up and down. Every investment has an up and down cycle. Your money is made when you sell high and buy low. And I’m willing to bet that’s another one you’ve heard before. 

Good thing I didn’t put it on this list, ey?

Investing and Finance Rule Number 3

Never, Never Ever Chase a Hot Tip

Number 3 is what I obviously decided to call the “hot tip” rule. The rule says to never, never ever chase a hot tip. Hot tips are another name for hot air in my personal opinion. Which in all fairness does come from a fair number of years experience. I believe a person should have more respect for their money. 

Another name for hot tip is insider secret. When stripped to the bone, both are shadows. Nobody ever caught a shadow.

Like other areas of your life, you have reasons, objectives and goals. Investing is no different, and should be treated no differently. It is important you know the reasons for doing so. As much as you possibly can, do your own research and analysis. This way you will feel more comfortable before you even consider making the investment. 

You probably have heard someone say, “Don’t sweat the small stuff.”  And, as it turns out, not only were they right, it’s also my next rule.

Finance and Investing Rule Number 4

Don’t Sweat The Small Stuff

When it comes to investing or your finance, don’t sweat the small stuff. And when I say don’t I mean Never. Stick to Rule Number 4 like glue. It will never do you wrong. And, just so you know, by “small stuff’ I mean regular and expected types of activity.

Stuff like; the ups and downs every market experiences from time to time, the short term side way swings or even a large block of stock hitting the market, etc. 

Even government treasuries have their ups and downs. In other words, don’t step over dollars to pick up dimes. You’ll be at least .90 cents poorer every time and it’ll be lucky if that’s all you lose replacing dollars with dimes. The next rule, rule number 5 is a little trickier than the first our. But just hang in there, I’ll make some sense out of this one. And if you’re real lucky after I make sense out of it, you’ll turn it into more than cents. 

Rule Number 5 

Focus on The Future and Adopt a Long-Term Perspective

Rule 5 could almost be coupled with rule number 4. This rule says to keep your focus on the future and adopt a long-term perspective. If you keep in mind that investing is really about trying to make informed decisions based on things that have yet to happen, you will maintain not only a sharp focus but a properly framed perspective.

Investing and finance have tendency to use past data as an indication of things to come. This isn’t always what happens but if you remember that what happens in the future is what matters most.

Successful investors base their decisions on future potential rather than on what has already happened in the past. The past serves merely as a guide post of the possibilities of the future, if these possibilities materialize.

I initially mentioned 5 general principles or rules as I like to call them. But after zipping right through the first 5 rules I’m feeling a little generous. I’m feeling like an extra rule is in order for you fine readers!

However, it’s not an actual rule per se, It’s more of what I like to call a “general principle”. And as a quick side note, Number 6 is pretty darn easy to say, but pretty darn hard to do. At least I always see the ladies and gentlemen new to investing have the hardest time with it. I have a theory why that is, but I’ll bore you with that another day. 

So Get Ready, Set, and Away We Go! 

Here comes the next rule which we’ll know as “General Principle 6”, and since I like to truncate things GP, 6!!

General Principle 6

A Person Should Always Keep an Open-Mind and a Short Memory

At least for the actual success of any given call, put or trade. Whether the last trade was a winner or a loser it doesn’t necessarily tell you anything about the next one. 

Remember, all markets, like I said above, have ups and downs. All markets have cycles. Keep an open mind and you will be able to maintain your focus and perspective.

Apply the 6 principles and you should be successful at avoiding becoming narrow minded and focused solely in one arena. There is potential in every market and every cycle. Maximize profits, minimize losses and investing and finance become extremely easy.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

**DISCLAIMER**

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

Real Inflation and Government Inflation

Real Inflation and Government Inflation

Real Inflation and Government Inflation, Financial Definitions, Information Resources for Seniors

Most people are not aware real inflation and government inflation rate percentages differ. They feel it in their gut but fall short when articulating what they instinctively know.

A thinking person would read the headline and ask themselves what is the difference between real inflation and government inflation. Smart thing to do by the way.

A smart question not only deserves an honest answer, it will get one too. There is a difference and the gap is huge in almost every measurable category.

By the way, this isn’t an article on zeroing in on how the government computes inflation. You can research that for yourself in any number of expose type articles offered up by Google.

This article tells you what your real inflation probably was, is and will be.

Why was, is and will be” you ask?

Because you’ve been lied to ever since the government began publishing the so called inflation rate. Subsequently, you’ll be lied to as long as they continue to publish an inflation rate.

“Why would they lie?”, I hear you ask.

Simple. They have certain obligations tied to the rate of inflation. Social security checks for example. And, no, this article is not anti Social Security.

You know that pot of gold (yes, I’m being facetious) that lands in your bank account on the first, second or third Wednesday of the month. The raises, if any, are tied to the inflation rate.

The raises have been between zero and two percent over the last 10 years. Imagine if the government had to pay the real rate.

Say the real inflation and not government inflation rate was eight percent. Your check would have gone up by eight percent and not the one percent you received.

This of course means that pot of gold called the social security fund would be in danger of going absolutely bottoms up. Oops, no more money would mean no more checks.

No more checks would mean our Washington politicians would be in grave, physical danger. They don’t like being in harm’s way. Of course they could cook the books.

Never mind. They already do.

A guy can’t blame them but then again a guy should only elect honest politicians. Oops, again, since that is an oxymoron.

So how do you know your real inflation rate? There are two rates. Pre-tax and post-tax. Most of us pay taxes so it is the post-tax rate we watch.

Consider these facts. Most of us use gasoline or diesel in our automobiles. The majority of us also buy groceries. Most of us use electricity or some other utility to keep warm or cool. And so forth, and so forth.

These facts all cost money. The gas station, like all merchants, has to charge for their products or they won’t be in business. We don’t want them out of business. Just stands to reason, right?

The real inflation rate happens to us every day. It is what we pay for our everyday items. Gasoline is a great example. We’ve all seen monthly prices escalate ten to fifteen percent. Sometimes it happens in a week.

Given that is true that means you and I pay whatever the pump reads. Unfortunately the pump doesn’t always read the same low number.

Let’s Fuel Up On a Quick Example

For example, last month I filled up the household car two times. The price of gas on the first visit was six percent lower than the second time. If buying gas was my only event of the year my inflation rate would have been six percent.

I was thankful I filled up at the low end of the price increase. Gas is probably the easiest, besides food, to use as an example. because all of us, in one way or another, are impacted by gas price fluctuations.

Unfortunately it wasn’t my only buying event for the year. I too like to eat so the grocery store was on the agenda. I use electricity so the power company was in the monthly mix as well.

Here is just one of my experiences at the grocery store. An item as simple as a can of beans will illustrate the point. At the beginning of the year the price was 88¢. Yesterday it was $1.08.

Every event was in my sphere of inflation but the government has a different idea about those events. They simply ignore them in their computations.

Yep, you read that correctly. The real inflation and government inflation computations differ because the government has the luxury of ignoring them. They happen to you and me but the government don’t acknowledge their happening.

Another “Not-So Shocking” Inflation Scenario

I mentioned using power. The power company is granted rate increases through a government agency. It was created to monitor how much we are being soaked. Over the years the power companies gradually slid the agency members from consumer advocates to consumer gougers. Rate increases don’t count in the inflation equation.

Hence, they can declare an inflation rate of any number they so elect. They do so by simply accusing them of being less important than their made up list and don’t include them in the algorithms. Hence computing a low inflation rate is easy-peasy, lemon squeezey according to the Washington D.C. number crunchers.

Since I don’t have children in college and my medical bills are almost non-existent I did not have to account for the rise in their respective costs. You, on the other hand, may not be so lucky.

If you aren’t, you need to factor those too into your real inflation rate and not the government inflation rate. If you don’t, you could go broke.

Some Final Thoughts That Hopefully Aren’t Deflating

Simply understanding the real inflation and not government inflation rate does little good unless we, as a collective body, take steps to right the ship. It won’t be easy. Nothing of this magnitude ever is easy.

Oh, for them it is. They make the rules, regulations, policies and laws. Moreover, if anyone is paying attention, they are people. You know, like you and me.

As such, we can replace them. Truth is we should be replacing them every election cycle. Then we might have a controlled real inflation and not government inflation.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

**DISCLAIMER**

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

UDAAP – Unfair, Deceptive or Abusive Acts and Practices

UDAAP – Unfair, Deceptive or Abusive Acts and Practices

Unfair, Deceptive or Abusive Acts and Practices, UDAAP

What You’ll Find in This Article:

  1. An Overwhelming Case
  2. Debt Collection Shows Itself For What It Is
  3. The Two Suggestions
  4. An Ally You May Not Know Exists
  5. Final Thoughts

Saying unfair, deceptive or abusive acts and practices is quite a mouthful. That’s why you hear the acronym, UDAAP (or UDAP) instead. I believe we both can agree that’s a lot more pleasant to the hearing.

UDAAP came into existence as a result of the Dodd-Frank Act in 2010. That is to say the financial crisis of 2007 – 2008 was the impetus for the legislation. It was enacted in part to promote US financial stability. And to protect American Consumers from abusive financial services practices.

It is no secret many Seniors and Pre-Senes have trouble paying or cannot pay their medical bills. Studies have shown these groups try to pay what they owe but the sheer volume owed is too overwhelming.

Unfair, Deceptive or Abusive Acts and Practices

An Overwhelming Case of UDAAP

One example oft cited is the case of the lady making about $36,000 a year with an outstanding medical bill of approximately $62,000 and growing. Growing because collections adds interest to the unpaid balance. Realistically she will never get out from under that bill.

So, you might be asking, what does unfair, deceptive or abusive acts and practices have to do with her and others in the same boat. Plenty.

Numerous studies have shown that especially uninsured and under-insured consumers are raw meat for hospitals and some doctors. I won’t go into details in this article.

Debt Collection Shows Itself For What It Is

It is the collections part of the medical landscape that brings the UDAAP statutes into the forefront. As you will read in a moment, UDAAP laws prohibit “unfair or deceptive acts or practices in or affecting commerce.” Contrary to what the medical field says and/or attempts to portray in those television doctor shows they are a business. And, in this country, business is commerce.

When you don’t pay your medical bills within a specified time frame the entity owed the money initiates collection. This could be anything from calling you or sending you a past due notice. They might even try asking you for payment when you come back to the facility.

If you do not pay within the specified time frame almost all medical providers resort to a collection agency. This is where the majority of unfair practices enter the picture. Mind you, many hospitals have been caught with their pants down using extremely unfair collection methods too. So, a history exists from inside the medical purveying system as well.

This article won’t go into depth on UDAP on purpose as the virtual real estate it would take up is enormous. However, this article will make two suggestions as to where to begin your journey into UDAP education.

Two Friendly Suggestions I Make

The first is the American Bankers Association. Here’s a quote from their UDAAP page:

Section 5 of the Federal Trade Commission Act (FTC Act), 15 USC 45(a)(1) (UDAP), prohibits “unfair or deceptive acts or practices in or affecting commerce.” The Dodd-Frank Act makes it unlawful to engage in any unfair, deceptive or abusive act or practice (UDAAP with two As). The responsibility for enforcing the prohibition against “abusive” acts or practices was given to the Consumer Financial Protection Bureau (CFPB) under Dodd-Frank, but the prudential regulators retain their authority to enforce UDAP under Section 5 of the FTC Act. 

That page currently resides at:

https://www.aba.com/Compliance/Pages/compliance_UDAP.aspx

The second suggestion is to become familiar with your state UDAAP statute(s). And why use the state first and not the agencies mentioned by the ABA?

Because your state statutes almost always give you the most powerful remedies. Subsequently, these statutes are sometimes referred to as consumer protection acts of broad applicability.

They earned that description because they can be used to challenge a wide range of abusive behavior. As well as unfair or deceptive debt collection tactics. Many UDAAP statutes allow private actions for violations of other state or federal laws. Believe me, this is a big plus.

Moreover, if you are facing a medical bill calamity, hit the keyboard. And get as much heads up info on your state laws as you can. No telling what will happen in your favor when you are armed and ready to do battle.

An Ally You May Not Know Exists

The Dodd-Frank Act created the Consumer Financial Protection Bureau also known as CFPB. And they are responsible for consumer protection in the financial sector. Collection agencies come under the enforcement authority of the CFPB.

Collection agencies attempt to collect medical debts. Medical debts no longer crush your credit score thank goodness. But, and this is a big but, medical debt collectors still can crush your pocket book.

So that’s why you need to make the CFPB your friend. And, I don’t know your individual situation. But, you do. Maybe you can’t pay on time all the time. Maybe your job is only part time. The maybes can mount up. Above all else you need help and the CFPB can help.

Some Final Thoughts on UDAAP

Numerous studies have shown that especially uninsured and under-insured consumers are raw meat for hospitals and some doctors. Consequently, you can read about hospital bills and their collection protocol in our article titled: Hospital Billing and Senior Citizens.

Above all else visit the CFPB site and get familiar with their mission, pages and forms. And, make sure you research your state’s laws. Moreover, unfair, deceptive, or abusive acts and practices won’t go away by just wishing them away. You have to take the proper legal action so educate yourself.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Financial Literacy

Financial Literacy

Given the amount of information available from numerous sources you might believe financial literacy is through the moon. Unfortunately
it is not the norm. For example, a large number of people did not know what bankruptcy was.

Recent surveys conducted by two of today’s largest financial product based organizations paint a bleak picture. Financial literacy is regressing
rather than progressing.

Financial Literacy

The surveyors were shocked to learn the groups needing the information the most are the groups who don’t search for it. It seems those who are financially ignorant like it that way. And they did not say that by the way.

Surveyors learned the folks who are already financially literate belong to the group that keeps searching to learn more. It would be ironic if it wasn’t so sad.

The Financial Literacy surveys were conducted around eight main areas:

  1. Earning
  2. Consuming
  3. Saving
  4. Investing
  5. Debt
  6. Risk
  7. Insurance
  8. Information Sources

It would be hard to disagree that these aren’t important areas. After all, they stare us in the face every day of our existence.

Earning

I cannot imagine someone not knowing how to read their paycheck. Some folks had no idea what determines their take home pay. Incomprehensible to say the least.

If this important financial document isn’t important to a person I can’t believe any other financial document would be important.

Consuming

All of us consume everyday or we wouldn’t be alive. But, not being able to articulate where you spend your money, and on what, seems out of place. Especially in today’s society. But the surveys say otherwise.

Saving

An easy concept to be sure. Yet some respondents had no idea how to get the biggest bang for their buck. In other words, they couldn’t tell how they
would maximize their savings dollars.

Investing

This is an area requiring more study than a subject like saving. So, may be it is understandable that respondents did not know how to evaluate particular investments. Or, understand the risk associated with each type of investment. However, those are not poor excuses for foregoing a cursory attempt at financial literacy.

Debt

An extremely easy concept to understand. Or so you would think. Above all respondents couldn’t express the relationship between loan features and repayments.

Duh!

By the way budgeting was out of the question when it came to debt for these respondents.

Risk

I realize risk begins most people’s days. It is called waking up to an uncertain world no matter how many times we wake up.

When it comes to financial literacy people couldn’t explain the degree of risk associated with an action. Or the degree of risk they were willing to accept with regard to a particular investment.

Insurance

Types of coverage is all a person really needs to know about insurance. Subsequently, no one has to dive into the inner bowels of how the insurance industry works.

However, it would be extremely beneficial to understand how your policy works regarding your particular coverage. So, what you are paying for and why
would be a good start.

Financial Literacy Information Sources

We live in the age of information. For example even the homeless have access to information. They simply use the library and government agencies.

Finding appropriate sources and asking for advice isn’t a giant pain in the posterior any more. To clarify it is open source to borrow Internet language.

And, in most cases, it is absolutely and completely without cost. Therefore, a person does not have to take one dime out of their pocket.

Financial literacy, like understanding financial definitions, equates to financial well being. So if you have it, your life is better all around. Subsequently, if you don’t have it, seek it out. You’ll make a better life for yourself.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Disputing Credit Card Charges

Disputing Credit Card Charges

Disputing credit card charges isn’t as hard as it may come across. I don’t know about you, but I’ve had to dispute credit card charges before. Maybe I was lucky. But I’ve only lost one dispute. The reason was I waited too long before disputing the charge.

Disputing Credit Card Charges, Disputing Fraudulent Charges on My Card

My bad.

A lecture seems to be in order at this point. However, lecturing is almost never taken too seriously. Because, we’ve grown immune to lectures and lecture oriented verbiage.

The very best way to keep from being involved in a credit card dispute is to be aware of each of your purchases. That is, you know not only the product. But the terms under which you are buying that item or items.

For example purposes only I’ll use a travel package from one of the multiple online travel sites. Most purchasers believe once they hit the pay link they own the airline tickets. Or the hotel reservations or whatever constitutes the purchased package.

These programs do not work this way. Take the airline tickets. You don’t actually own them until you show up for the flight. And then present the tickets to the counter agent.

Always Read The Fine Print

You didn’t bother to read the fine print on the website so you didn’t know that little detail. Your plans change and you can’t fly until one day later. You call the airline to make new arrangements and the agent lays out the details.

Details that put you in shock because they involve paying a huge amount of money. But, wait a minute you already paid for the tickets on your credit card.

Oops, you did but you don’t have control over the tickets. You really need to call the online site. And have them make the changes for you. Your credit card company won’t help even though you used their services.

They know who owns the ticket and will only agree with them if you dispute the charge. Not a good feeling and not a good spot to be in.

So you don’t find yourself in the same boat this short article will make a referral to a source with all the how to do it right information. That source is:

https://www.consumer.ftc.gov/articles/0219-disputing-card-charges

Yes, I could write a summary of the procedure. But then how much help would that be. In any event, disputing a charge can be easy or it can be difficult. So, according to me, visit the site and read what they have to say. You can turn difficult into easy if you pay attention.

To show you what I mean, here is the first paragraph on their website:

Have you ever been billed for merchandise you either returned or never received? Has your credit card company ever charged you twice for the same item or failed to credit a payment to your account? While frustrating, these errors can be corrected. It takes a little patience and knowledge of the dispute settlement procedures provided by the Fair Credit Billing Act (FCBA).

Notice the last 2 sentences. Don’t get frustrated. Get educated.

Good luck.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.