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Wealth Building Information
I Dont Need A Financial Coach To Help Me!
You?ve been thinking that your financial life could probably be better, right? Maybe you think, ?If I could just stick to a budget everything will be fine??, or how about ?When I get that next raise or promotion, I?ll have enough money to pay off my debts and save some money?? You may even be thinking,?I can do this on my own!?
Lesson 2 - The Commodity Of Kings!
What is "The Commodity of Kings"
Who Else Wants To Know Oprahs Secrets To Wealth & Success?
Before I had a lot of money, I was really quite happy," said Oprah Winfrey. "And I will tell you this--you may not believe it--I never would have gotten the money if I wasn't happy to begin with. I never would have gotten it."
Your Money Or Your Life
Have you stopped to realize that although you go to school to learn about important subjects, no one teaches you how to manage your money?
Money is an essential part of life in our pursuit of happiness, yet very rarely will a parent sit down and tech their child how to handle their money.
This is true in grade school, high school and worst college. So what happens? Many of us end up in an extremely large amount of debt. We can?t seem to get it together even if we make more money.
I found myself in this trap about 13 years ago. I had an okay job, a car, and an apartment. Nice I thought soon I would buy a house and live the ?American dream?. Wrong! I could never save enough to buy a house. I had plenty of credit cards, so many that I never had enough money due to many payments to put aside for my dream home.
What was happening to my paychecks? Well, I was over extended in credit card debt for one. The buy now pay later syndrome was well embedded in my head. That mentality had to stop! Since, I wasn?t terribly behind in my payments I was able to get some help from the creditors. I simply asked for a lower interest rate and/or the ability to skip a payment. After that call, I had to cut up and dispose of the cards. No! I didn?t cancel my cards but I got rid of them just the same.
Next I bought a tablet just for my budget information and bills. I also purchased a software program to keep track of my expenses. I think it is important to keep something manual that you can carry as well as a computer software tool.
Next, as bills came in, I wrote them down with the name, address, phone number of the creditor, my total balance, interest rate, and minimum payment due, the due date, and if there were any annual fees acquired with the card.
Review the card with the highest interest rate and pay more then the minimum due. Always ask if they can reduce your rate or seek the possibility of debt consolidation buy applying for a low interest rate loan or credit card. If you haven?t cut up your credit cards do not get a consolidation loan. Because most likely once your payments are manageable you?ll start using your cards again.
Minimizing your spending is the key to financial freedom. Make sure to start a savings plan after you?ve gotten your debt under control.
The Wealth Connection ? 2 Steps to Brighten Your Golden Years
Estimated Reading Time: 4 minutes -- Envision your life 10 or even 20 years from now. Where do you plan to be? What are you doing and with whom?
Financial Intelligence - Compounding (The Ninth Wonder of the World)
Compounding: The Ninth Wonder of the WorldBy Nicola Cairncross
Financial Intelligence - Natural Marketing For Lone Rangers
"Ooooooh," you may say, "I could NEVER be good at marketing, I'm just not that sort of person. I'm just not pushy enough".
Business After The Iraqi War
The rewarding of high compensation packages to top executives who turned over weak quarterly earnings, or who were involved in corporate scandals, adversely affected short-term investing, and collectively contributed to the downturn of the global economy over the last couple of years. Even the help and expertise of Federal Reserve Chairman Alan Greenspan and several notable Nobel Prize winning economists in the President?s Council of Economic Advisers, wasn?t enough to revive the economy. September 11 then turned our attention towards terrorist threats against the markets.
Retirement Planning the Offshore Way
Retirement Planning the Offshore Way Why do so many of us constantly push the thought of retirement planning to the back of our minds? Reluctance?! 1 Reluctance to save for an event that seems so far off 2 Reluctance to tie in to an inflexible pension scheme 3 Reluctance to put a large portion of our current income out of reach for the long term But in terms of retirement planning, putting off until tomorrow that which you could get done today will end up costing you very dearly. Every month you delay your retirement savings planning, you significantly reduce the value of your future potential retirement fund.
Who Will Become Wealthy in the Information Age?
As you know, we're now well and truly in theInformation Age. It began about 10 years ago. In fact,many economists say it began in 1989, with the Fall ofthe Berlin Wall (and the start of the World Wide Web).
Simple Strategies to Making Financial Gain
Now is a great time to make it a habit to manage your resources instead of your resources managing you. What is meant by that when we are stating that "Your money manages you"? Here is a well known example:
Is Your Money Keeping Up With Inflation?
In today?s unpredictable global economy, you obviously never know what is going to happen next. Uncertainties and concerns regarding the Iraqi threat, North Korean crisis, and hidden terrorist cells and networks continue to loom in the back of the minds of consumers. Moreover, the stock markets and industries around the world.
Turn That Fixed Rate Mortgage Into A Goldmine
When you purchased your home, you most likely got a fixed interest rate mortgage with a 15 or 30 year term. These are the most popular mortgages in the industry. Even in the summer of 2004, when the interest-only or simple interest mortgage loans became popular, the average American stuck to the fixed rate. You see, the fixed rate offers security to conservative people, and the average American home buyer and home owner is a very conservative person.
Your Wealth Cycle Foundation
The four main steps in building a wealth cycle foundation are:
Controversial Wealth Audit Reveals Over 90 Percent of Us Could End Up Working Forever...Are You One
Results from a new tool developed by UK based
firm, Lean Marketing, confirm a worrying trend.
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Study shows intense poverty in Rochester (Rochester Democrat and Chronicle)
A Brookings Institute study shows the U.S. economic decline from 1999 to 2005 has produced higher concentrations of poverty in Rochester and other cities. ROCHESTER NEWS
Racial disparities in high-cost lending remain entrenched, new study shows (Louisiana Weekly)
A new report by the National Community Reinvestment Coalition (NCRC) shows that minority consumers, regardless of income level, are most at risk of receiving high-cost home mortgage loans.
Kendall College Names Michelle Coussens as Dean of the School of Business (Centre Daily Times)
Kendall College today announced the appointment of Michelle Coussens, 44, as Dean of the School of Business. Coussens oversees and manages all aspects of the School--faculty and curriculum selection, assessment and program direction. She is also a member of Kendall's academic leadership team. Coussens succeeds Alexander Cocron.
BLACK ENTERPRISE Golf & Tennis Challenge Celebrates 15th Anniversary This Labor Day Weekend, Aug. 28-Sept. 1 (Centre Daily Times)
BLACK ENTERPRISE and Pepsi return to the Golden State this Labor Day weekend for the 2008 Black Enterprise/Pepsi Golf & Tennis Challenge. Celebrating its 15th anniversary as the premier end-of-summer getaway, the Challenge consistently attracts more than 1,200 of the nation's most notable black professionals, business executives, and entrepreneurs.
Entaire Global Companies Appoints New President and Vice President of Marketing (PR Newswire via Yahoo! Finance)
Entaire Global Companies' Chairman and CEO Jonathan Rosen today announced a corporate restructuring designed to facilitate further growth of the company's sales and marketing efforts.
Kendall College Names Michelle Coussens as Dean of the School of Business (Business Wire via Yahoo! Finance)
CHICAGO----Kendall College today announced the appointment of Michelle Coussens, 44, as Dean of the School of Business. Coussens oversees and manages all aspects of the School--faculty and curriculum selection, assessment and program direction.
Play a chess grandmaster at Memorial Union (University of Wisconsin - Madison)
Chess grandmaster Maurice Ashley will simultaneously play up to 25 of the best chess players at the University of Wisconsin-Madison's Memorial Union, 800 Langdon St., at an event scheduled for 2 p.m. on Friday, Aug. 15.
BLACK ENTERPRISE Golf & Tennis Challenge Celebrates 15th Anniversary This Labor Day Weekend, Aug. 28-Sept. 1 (Business Wire via Yahoo! Finance)
NEW YORK----BLACK ENTERPRISE and Pepsi return to the Golden State this Labor Day weekend for the 2008 Black Enterprise/Pepsi Golf & Tennis Challenge. Celebrating its 15th anniversary as the premier end-of-summer getaway, the Challenge consistently attracts more than 1,200 of the nation's most notable black professionals, business executives, and entrepreneurs.
America's culture of debt must be changed (The Kansas City Star)
I don’t normally take sides on “policy” issues, such as what to do about taxes or Social Security. I find it more useful to write about the way things are, not how we wished they were.
Study shows intense poverty in Rochester in '05 (The Ithaca Journal)
A Brookings Institution study released this week shows the U.S. economic decline from 1999 to 2005 has produced higher concentrations of poverty in Rochester and in cities across the country.
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