Friday, July 17, 2009

The Over Whelming Power of Money

They say that money is one of the hardest things to get and one of the easiest things to get rid of. Have you ever heard that expression? This is one saying that has held true for years. Money can’t buy you love, but it sure helps to have it when you need it. Wouldn’t it be great to never have to worry about money again? To be able to do what you want when you want, how you want, whenever you want? The old expression “watch your pennies and the dollars will take care of their selves” doesn’t have as much meaning today that it had 40 years ago. Now the copper a penny is made out of is worth more than the penny it’s self! Soon the penny probably won’t even be part of the US currency.

Prepare yourself for what lies ahead. Start to make money online and to work from home doing something your passionate about. Brain storm until you come up with something!

Saturday, July 11, 2009

Live Life To The Fullest

Are you living your dreams? Making the most out of what life has to offer? Doing things that you never thought were possible? The answer from most people is NO. The reason that most people just live life is because there not willing to do what it takes to push forward with their dreams. You need to step out of your comfort zone and start doing different things that you are interested in. Start to do what it is you really want to do! You can just keep doing what your currently doing, but ask yourself: Is this going to get me where I need to be 1, 2, 5, 10 years from now? If the answer to this question is no, then you need to mix up your life a little and start doing things that you weren't willing to do before. Start some new adventures for yourself and family. Think of things that are the most interesting to you and then figure out a way to have fun with it and make some money with it also.

Do what most people aren't willing to do and you will have what most people don't! This is a saying that I have been living my life by for a long time. Don't ever let people say that you can't do something. If they are telling you that you can't do it, then surround yourself with people that are more optimistic. Don't let negativity run your life. Be positive and positive things will happen to you. Live you life to the fullest because we only get one chance. Make the most of it!

To Your Personal and Financial Success!

Wednesday, July 8, 2009

Is The Economy Sinking?

I have been watching the stock markets very closely and my head still is spinning. I'm not sure how to read our current crisis. It seems to me that one day the stock market is rocking, and then the next day it's not. The Dow's average doesn't seem to be moving anywhere. Are stocks at a bargain price right now? There not if the market doesn't start rising again.

My suggestion right now is to move a good portion of your stocks in to money market accounts or Cd's. At least you will earn some interest in these type of accounts. Keep some of your money riding in the stock market, but keep a large portion of it earning some interest for you. If you see the stock market on a steady increase, then move more money in to stocks. I still think that mutual funds is your best bet because you keep your money diversified. The old saying use to be " when interest rates are low, stocks will grow". I don't think that holds true today. Interest rates have been down for a long time and the stock market is not growing! The stock market has been stagnate. So for now, just sit back and keep your eyes and ears open. Wait for your best possible opportunity, and then jump in.

To your Success.

Thursday, July 2, 2009

Credit Card Debt

Have you ever heard of the financial advisor Suze Orman? She is always on TV giving out personal finance advise. She has done a 180 degree turn on credit card debt. She use to tell you to pay off your credit card debt with the extra cash you have at the end of each month. Now she is saying to take that money and build your emergency fund first. An emergency savings fund should equal 8 months of your current take home pay.

I think that is great advise because in today's economy, you never know what will happen with your job. You could be laid off today and then what? So the advise that she gives is to pay your minimum payment on your credit cards and start to save for emergencies. After you build up 8 months of savings, then turn your attention to paying off your credit cards. I agree with this advise 100%. Everyone needs a emergency account to fall back on in troubled times.

To your personal and financial success!

Thursday, June 25, 2009

Is The Recession Coming To A End?

reports show that the recession has bottomed out and the worst should be over. Orders to US factories surged last month from aircrafts to computers. Also, business investment rose by the most it has in the last 5 years. Still in May, housing was very weak. The Fed's also decided to leave interest rates a lone this time.

What does this mean? No one really know because one day you are hearing that the recession is ending and then the next day the DOW Industrial drops a percent or 2. There is no one out there that can really predict the future. Hopefully this recession is ending and the US economy will thrive once again.

Start planning for your future so that you don't have to worry about how the economy is doing. Start a home based business to protect you and your family financially. Doing Paid Surveys is still in my opinion the best way to start. After you have some checks rolling in, start a different business until you are making enough money to work for yourself. Take control of your financial future today!

Saturday, June 20, 2009

Losing Your Home in Bad Times

I was watching a show on Oprah the other night and they were showing all these people that lost their homes and are living in Tent Cities. I became extremely depressed after watching this show and felt very sad for these people. The city officials were shutting down these Tent Cities because of them being unsanitary. I understand the unsanitary problem, but then where to these people go? Don't let this happen to you!

Start working on making a extra income stream so this doesn't happen to you. Most people think that this would never happen to them until reality sets in. If you are like most families, they are living pay check to pay check. One hick up in there income and they are very close to bankruptcy. Don't count on big businesses to take care of you. They will let you go in a heart beat if their profits are down. They look at you as a number and not a person. They won't care about you if your on the streets and homeless. All they care about is making their big profits. Start generating some income through paid surveys and then you can venture on from there. Don't become a statistic, become an Entrepreneur!

Saturday, June 13, 2009

Is The Recession Ending?

Maybe the recession is starting to end with the DOW Industrial having these small increases. Small increases every day might mean that the stock market is starting to settle down. Hopefully this means that they are starting to see a end to the recession. I personally rather see small movements on the stock market than big swings every day. Big swings in my opinion means that people are just jumping in and out to make the most of each day. I feel that when the stock market has small swings, people are starting to get more comfortable with the market and aren't moving their money around as much. No one really knows, but I hope are economy is starting to get back on track and there will be more jobs for the people who unfortunately lost theirs through these trying times.

Happy Investing!