With the economy the way it is nowadays, the average person is looking to save a buck wherever possible. This might mean cutting down on dinners out or buying generic brand goods instead of name brand. This could also mean canceling a gym membership. So, if you cancel a gym membership, how are you supposed to get your required workouts in? The answer is workout DVDs.Gym memberships are quite expensive. The average gym or recreation center...more
I just finished a phone call with a person who was just getting started with his business with Africa Imports. He wanted to buy some catalogs; and he couldn't decide if he should order 12 catalogs, or less than this. With 12 catalogs he worried that he might be wasting money. He might only be able to give out six or eight, and then have some left over that he wouldn't use.There is always some waste in advertising. To get enough customers to have...more
With the rapid advancement of technology, schemes of bilking people out of their hard earned money are becoming more and more prevalent. For seniors, this is especially dangerous. If you are a senior or you have seniors in your life, help them become more aware of what they can do to protect themselves against fraud.Financial literacy is taught to teenagers and many young urban professionals. Older folks however are not updated with what is going on in the financial world 'making them an easy target for those who profess to be "lenders".For seniors to protect themselves from these finance issues, here are a few tips to take into consideration:1. Budget and List Your ExpensesSaving enough money is key to a much more comfortable life ahead. Look carefully at your budget and make sure you are spending on essentials. For example, you may not need that big house anymore if all your children are grown. You can sell the house for a profit and get a smaller apartment 'it is easier and cheaper to maintain.Having enough income will relieve seniors from stressing out because of finances even if a crisis hits. Budgeting and saving enough for retirement is a good thing.2. InvestmentsWhen it...more
Establish and hold a Quarterly Full Family Financial ReviewMany of The skills needed to operate a corporation are also required for truly effective household financial management. Technique: Utilize business type skills. Hold regular reviews of you and your family finances; keep all family members informed about any changes in the family's...more
Investing in real estate has always been a consistent method of making money. Most individuals who have amassed large fortunes have usually done so through real estate in one way or another. Most people think the real estate market is in bad shape and it is impossible to make money in real estate during the current economy, but they couldn't be...more
Life is unpredictable and ending up in a difficult financial situation due to circumstances beyond our control is not only possible, but very likely to happen to anyone, sooner or later.This is not to say that we are not responsible for what happens to us; in fact, we are very much the makers of our fortunes and misfortunes, but there are situations that are simply unavoidable, despite how hard we try to keep ourselves on the right path. Falling ill, for example, or losing a job due a sudden economic downturn, or simply making a human mistake cannot be foreseen or prevented despite our best efforts and wishes.However, most of the time what drags us into trouble is our lack of wisdom and vision; our ignoring the alarms that our subconscious mind (or simply put our "gut feeling") sends us. That inner voice is our safeguard.When we ignore it, trouble happens. Sometimes it is minor, but sometimes it is major. And when it is major and it is financial, it may leave us, and whoever shares life with us, dealing with serious and painful consequences.What can we do about it? First of all, we owe it to ourselves to listen to our inner wisdom. Leading psychologists suggest that there is a very...more
The need to build a good credit or striving for a high credit score is something we always hear all the time. A higher credit score gives you the bargaining power or advantage over your creditors, allows you to ask for better rates, and instantly get...more
The primary reason why debt settlement companies succeed in securing huge waivers from credit card issuers and other unsecured lenders is that they have detailed knowledge of how these financial institutions work. The fact that they are free from...more
Credit card debts climb on faster than most of us actualize, because credit cards are so much easy to use. With a simple swipe you can do tons of shopping, get groceries or even day to day requirements. It is easy to handle, you do not have to take...more
Debt settlement advice can be defined as a professional opinion which guides the user to a good reduction deal. You must be hearing a lot about the concept of legal debt elimination in the United States. The government has instructed a lot of money...more
Is it possible to escape your debts without repaying it in full? One legal option that is often used by individuals who have passed the point of no return is bankruptcy. When a person files for bankruptcy, he or she admits inability to repay all...more
It is very sad to say that in the current recession of economy people are facing the worst financial crisis in the history of America causing increase in unemployment and prices of everything. Which has made people deeply drenched in to debts...more