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Everyone is trying to figure out what to do about the current problems with our economy. From the Presidential candidates to economists to Main St USA – they’re all asking, what do we do?
While I won’t pretend to understand exactly what is going on with the economy, I do understand that ... Views: 1215
Debts may help you in managing your financial problems but at a time it will harass you too when the time to repay it approaches. Too many loans should not be adopted without thinking about the outcome. But still there are certain borrowers who have to face the harsh outcome of such incidents. ... Views: 650
1. Pay off high-cost debt. The best investment most borrowers can make is to pay off consumer debt with double-digit interest rates. For example, if you have a $3,000 credit card balance at 19.8%, and you pay the required minimum balance of 2% of the balance or $15, whichever is greater, it will ... Views: 1011
The latest casualty of war is Washington Mutual Bank, just before that AIG, just before that Lehman Brother. What happened that all of a sudden everyone needs to be aware of this impending doom of society as we know it? We need to take drastic action today, not tomorrow, the Presidential ... Views: 807
“Recession is Coming!” “Recession is Here!” “Are we in a Recession Yet?”
I’m sure you’ve seen and heard headlines just like this.
Regardless of whether the US economy is in a Recession, your family may be in one. Has your income stayed the same ... Views: 1075
Fannie Mae and Freddie Mac are operated since 1968 as government sponsored enterprises (GSEs). This means these Two are privately owned, owned by shareholders but are financially supported by the US Federal Government. These GSE’s purchases mortgages from the lenders who originate them ... Views: 1026
As with everything in life, things go up and things go down. And then they go up again and down again. You can liken it to a wave which goes up and down, or like a glass of water you set down on a flat surface. If you move the flat surface or knock the glass a bit, the level of the water ... Views: 970
I heard a staggering statistic the other day about the number of homes that are going into foreclosure each day. In addition, people are losing their jobs as many businesses experience a decline in revenues and are struggling to keep their doors open. It’s certain that most of us are ... Views: 3066
Credit cards are a practical method of obtaining credit and, despite the negative press, when used correctly they can provide flexibility to the cardholder.
Step 1 - Choosing the right credit card
It’s important to decide whether your credit card it’s actually suited to the ... Views: 841
Written by Pat O'Connor, MAI
Property taxes are a substantial expense for Texas homeowners, averaging about $3,600 annually. To reduce this expense, property owners should annually review and consider appealing property taxes. While there is no guarantee that an appeal will be successful, a ... Views: 1476
There is over $480 trillion in the markets worldwide (Walker, 2008)! Many people try to find their piece of the pie learning to day trade; but the risky connotation and the reportedly low long-term success rate makes one question if day trading is really all that it is made out to be, or is it ... Views: 971
You have been hoping and praying for the job you want hoping you will finally make more money only to realize that each month you never have money.
Every time you feel that you are close to having a little more money something for no reason at all comes along and bring you back to the same ... Views: 736
A couple of weeks ago our second vehicle died. We had gotten a lot out of our 1991 Honda Civic, and we were probably on borrowed time.
It was a great opportunity for me and my wife to practice moving gracefully with this unexpected turn, rather than focusing on frustration or helplessness. We ... Views: 1635
It seems like lack of money leads to stress, but it’s really the other way around. Unconscious stress causes financial self-sabotage.
United States of America (Press Release) September 15, 2008 -- A Dutch training and business consulting company has researched this pattern over the past ... Views: 1397
HomeVestors of America (HVA) – a company that purchases houses below market price, rehabilitates, then sells them for a profit – lists four cities in Texas among its choices for the best opportunities in this field.
Dallas, Houston, Fort Worth, and San Antonio were named among ... Views: 692
According to Thinkmoney.co.za, South Africa’s leading financial comparison website, 37% of consumers say they would not switch their current account provider, even for a cheaper account or for better service. The research conducted by Thinkmoney.co.za indicates that these consumers would ... Views: 745
Why do so many investors lose money only to repeat the same cycle and lose money time after time? Well, a whole new field is examining that- it is called Behavioral Finance. This field illustrates the tendency for investors to become more optimistic when the market goes up and more pessimistic ... Views: 1721
Use your mind to create wealth. The oldest secret trick in the book gets revealed. Financial intelligence at its best
When it comes to creating wealth it seems everyone is looking for an easy way out. Well, I am here to tell you that there simply is not one. There is no such thing as money for ... Views: 811
First let us get clear what a financial coach is not. They are not a financial planner or a CPA; basically what they do is give direction and a plan to find financial wellness for your mental, physical and emotional wellbeing.
Stress and anxiety are two of the main causes from financial ... Views: 1284
Being the owner of multiple businesses, I am always conscious of my money from both a personal and professional perspective. Our lives are very much intertwined and often controlled by our ability to manage, save and spend our money. I was recently reminded of a great concept that I learned ... Views: 997
Recession. It’s a scary word that makes even the most fiscally responsible among us cast a nervous eye on our bank accounts. Even scarier, not everyone can even agree whether our economy is in a temporary slump or an all-out free fall. But, recession or not, you can take steps to ensure ... Views: 581
Don’t be frightened by the title – this is really good news for the first time homebuyer that has been converted to “user-friendly” language! So, why should you be interested in this information? Read on . . .
If you have purchased, or plan to purchase, a home between ... Views: 679
There are many credit card companies and banks offers online application process to facilitate the business class customers.
It is more convenient for the businessman to apply online for getting the credit card.
1. The business credit card scheme designed in such a way that it will support the ... Views: 1008
In USA majority of the Americans have developed habit to eat the lunch or dinner at any restaurants because of time constraint.
They will spend nearly quarter of their weekly pay on eating outs. If you want to save money from your average spending on eating out than it is important to change ... Views: 933
How will I live off my small retirement savings and have a stable financial environment for my spouse and myself when I am retired? What if I lose my health insurance? Will I be able to work until the age of seventy?
These questions are being asked by baby boomers. Less than 25% have ... Views: 667
The economy is struggling. Home prices have been falling for several years now. Foreclosures are increasing monthly. Gas prices are through the roof. The dollar is decreasing steadily. Everything we buy has increased in price. Unemployment numbers are going up monthly. It does sound bad, ... Views: 1251
In 2005, the Office of Fair Trading received a massive complaint from the Citizens Advice Bureau. It was in relation to the sale of payment protection insurance, and it caused an investigation to be started by the Financial Services Authority. It was deemed that those who had purchased such ... Views: 802
For some people, the terms “business credit card” and “charge card” are one and the same. However, although both cards are used as business financing tools, there are differences between the two. If you are a business owner, understanding more about these two cards is ... Views: 620
Finding Health insurance coverage sounds easy, but it can actually be quite a challenge if you are looking for affordable coverage. The problem with health insurance is that it seems like a waste of money when you are paying for it every month.
But, When you are in an accident or have a major ... Views: 874
I’d like to introduce you to one of my favorite presenters, Loral Langmeier, The Millionaire Maker. She is the founder of Live Out Loud, a coaching and seminar company that teaches her Wealth Cycle program. I saw one of Loral's presentations a couple of weeks ago at Chris Howard's Ultimate ... Views: 970
In the many years that I have been teaching financial literacy to kids, teens and adults for that matter, I have noticed that kids, as young as 9 years old, have often already developed very particular personalities in regard to how they handle, and think about, their money.
How many of you ... Views: 1024
I hear people say all the time that the most important thing to teach kids about money is the power of compound interest. But really, that's not the true picture of why investing works and why our money grows over time. It's not actually always compound interest that creates wealth...at least ... Views: 1797
With consumer debt at an all time high it's time we take control of our finances and get out of the "debt trap". Do you realize that if you owe $2,000 on a credit card with a 21% interest rate, and you only make the minimum payment each month that you will owe on this account for approximately ... Views: 643
Dear Merrily,
My husband and I never discuss our finances nor do we have or create a budget. We both overspend what we make each month. I have tried to talk to him, to ask him to work with me around this issue. I have been unable to get through to him that this is threatening our retirement ... Views: 880
"As the World Turns" once nixed Hugh Grant. "Santa Barbara" deemed Julia Roberts "dull." Sharon Stone was rejected by "General Hospital."—From Michael Levine’s Breaking News
Donna called me the day after class. Intelligent and warm, I enjoyed meeting her and was glad she enrolled in my ... Views: 1220
“I’ve just always been math-challenged,” my client Barbara moaned. “The words ‘Balance Sheet’ and ‘Income Statement’ scare me! I don’t know how or where to start doing the accounting for my business.”
Boy, do I understand that predicament! Many of the people who come to me are in the ... Views: 1231
“I’ve been rich and I’ve been poor. Rich is better.”—Sophie Tucker
Your wildest dreams come true: you pick the winning numbers in the lottery and suddenly you are a millionaire! What do you do first?
There was a study done years ago that determined the ... Views: 1387
“The vision must be followed by the venture. It is not enough to stare up the steps—we must step up the stairs.”—Vance Havner
You’ve set up a home-based business. You have a product or service you love, and want to provide it for people for pay, in order to bring money into your life. ... Views: 1664
“Chellie, an editor is interested in your book!” my agent, Lisa, exclaimed happily. “I sent her a bunch of proposals, and she returned all of them to me except for yours! Now she wants to talk to you.”
My heart was thumping and my breath came fast. This could be the break we’d been ... Views: 1170
It is great that the phrase blog floats around the net day in and day out, but what if you have no idea what a blog really is? Is this going to be helpful to your web site? No, not really. Here we will offer the skinny on the phrase blog, and you can decide for yourself if it may or may not be ... Views: 997
Blogging is now a trend these days. It is a form of making a journal online and it is very popular because it is easy and very inexpensive. Wedding couples are fond of making wedding blogs because it is a form of sharing the engagement memories.
Another thing that made blogging very popular is ... Views: 1801
Phone calls, text messages, emails, instant messages – these are our high-tech modes of staying in touch with friends and family and pursuing that coveted “other.“
I am going to suggest another way to stay in touch and make new friends: blogging.
That‘s right, ... Views: 691
Day trading occurs when you buy and sell a stock within the same day.The reason you would buy and sell in the same day is to turn a profit with a short-term movement in the stock price. If you hang on too long, the up tick will have passed and the stock could plummet. More times than not, ... Views: 958
In the currency market, people trade the currencies of online. They usually purchase the one currency and sale another currency in single trading.
The rates of the currency are always changing based on the demand of currency and many other factors. There are many factors are responsible for the ... Views: 923
It is accurate that the effectiveness of a personal injury compensation claim is down to how good the lawyers representing the case are. Adequate compensation is indeed salubrious, both in terms of paying for medical care as well as providing the psychological well being of knowing you have ... Views: 818
There are many people who don’t earn a fortune but they learn how to invest and make thousands and in some cases millions of dollars. They pay attention to their money, educate themselves and apply what they’ve learned. You can, too.
Here are 5 tips on how you can become a ... Views: 1016
In real estate, private equity remains impartial. When the deal goes in hands of privatization it becomes more specific in spite when it was under the government. It is not necessary that every time this thing happens but with observational studies it has been retrieved that privatization has ... Views: 735
Lessons From A Billionaire
You and I have several rare opportunities today to get inside the minds of the richest people on the planet. There are some amazing lessons that we can learn from them. I want to share a short lesson that I learned from billionaire investor, Warren Buffet.
Before ... Views: 7528
Cash on deposit in a bank or building society can earn interest. The amount of interest that you will receive depends upon a number of different things:
*The general level of interest rates set by the Bank of England
*The size of your investment may attract higher interest rates
*How long ... Views: 706
Whether you're a seasoned credit card pro or someone who's new to the world of plastic, there are five rules you'd do well to remember. After all, credit cards can make or break your credit rating. You don't want it to be the latter. With that in mind, here are five credit card rules to live ... Views: 997