Today, the number of people filing for bankruptcy has skyrocketed by 44% in just the past 10 years with numbers continuing to climb. Consumer credit has reached an all-time high, leaving more and more people in debt. While we need consumer spending to maintain and grow the economy, when money and credit are misused, disaster strikes. Unfortunately, people are notorious for abusing money and before they know it, they are in completely over their...more
Purpose: Expose China Opportunities for Smart InvestorsThe move by China's central bank to drop the yuan's rigid peg to the dollar last week on the day of my return after a three-week trip to Asia left a host of questions unanswered. The basket of currencies that will allegedly determine the value of the yuan going forward was not disclosed. What sort of band the currency will be allowed to fluctuate within is not at all clear. The 2% revaluation...more
An important part of becoming wealthy is money management? Without good money management it doesn't matter how much money you make, you won't keep it. There are as many money management strategies as there are investment opportunities, so which one is best for you? The answer isÂ…the one you can follow. You need to develop sound money management habits that you will stick too.The first step in money management and thus wealth is debt elimination. You will never become wealthy if your credit cards are "maxed" out every month. You need to show some constraint in your expenses, which we'll get into below. If your cards are already showing hefty balances, your first action is to get yourself a lower interest rate, either through negotiating with your current credit card company or by switching companies. You would be surprised what you can get, if you just ask. Secondly, you need to make an effort to pay a set amount over and above your minimum payment, even if it is just $5 to start with. But where do you find that extra money each month? This is where step two comes in.The second step in money management is to have a budgetary strategy. Setting limits on how much you can...more
Would it help you as a real estate investor to be able to "Close For Cash in Days," even if you're tapped out financially? Hard money lenders are perhaps the best way to get 100% financing with easy qualifying, money for fix- up, and fast closings. So what can hard money lenders do for you? Hard money lenders make relatively short term (12-24...more
The forex market is what is called an international exchange currency market, where currencies are exchanged on a daily basis. There are five forex market centers around the world - New York, London, Tokyo, Frankfurt and Zurich. One does not need to be on the trading floor, so to speak to be involved in the forex market. Today, forex trading can be...more
Have you had a business website online for many years and you haven't yet discovered how to make money from it? Are you tired of shelling out hundreds of dollars in advertising only to see almost nothing in return for your sales?You will never believe how many people start up an online business and then within a year quit. In fact, I've done that myself with a few projects. I believe a lot of people have the wrong idea about making money online with a business and what it really entails.Getting The Right Picture of an Online Business That Makes MoneyTake a step back for a moment to discover why some online businesses do not work. There could be several reasons for a business to not make any money online.Time and time again, I see home businesses that do not have proper sales pages set up. A good online business has a niche set of products to work with and a sales page with a good solid description, clear pictures and a way to purchase online. If you don't have these things, you might as well stop thinking about selling and concentrate on your website.In addition, you should have some sort of quality content that will give customers something to do while they are at your website. A...more
This is probably the most popular topic on the net, it's how to make money while you are online.Can you believe that over 100 home business start in a single day? The number is actually hirer than that, as lots of home businesses start up without...more
Branding is very important to a business, whether it is an online or offline business. Your brand will be the first impression the public has of your business and could very well be the most important one. The goal in business branding is to give...more
The techies could do a lot more to make our life at work easier and more pleasant. Take the telephone, for example. I don't know about you, but there are several things that bug me about talking on one of these confounded instruments.First of all,...more
The First Step To Debt EliminationRegardless of your personal and financial circumstances, your education and your background, the chances are the first step you need to take in debt elimination has to take place in your mind. The Western mindset,...more
If you have multiple debts, you may well be wishing you had a debt elimination wand to wave and make all the debts disappear. You would probably wish even harder for that magic wand if you were falling behind with, or at least struggling hard to keep...more
If you once have been caught in the debt trap, how do you come out of it and be debt free? We are different and each of us has our own lifestyle and our own financial state, so the way to debt elimination is different from person to person. One plan...more