Many people who know in the back of their minds that they got the possibility to transform a monthly payment or annuity long term payments into a big lump sum and by that to relieve some temporarily financial problems, or need to buy a new car or a house or help their children and so forth are tempted to exercise this process into action.Although it is a very natural feeling and sometimes even a real life need or deep inner quest for power and...more
Credit cards, personal loans, mortgages and other forms of personal credit are an everyday part of financial life for all UK consumers. Looking at the figures for UK personal debt shows that Britain appears to be addicted to borrowing money and still continues obtaining more from the financial institutions. By the end of 2005 the UK personal debt levels stood at a record £1,148, with 83% of this debt consisting of secured mortgage loans. Due...more
I've been jobless for quite some time now! Am I worried about it? No way. I have decided to take my own destiny in my hands and join the many entrepreneurs in self employment. Not just self-employment, but home based business.What is the difference between self employment and home based business? Just this - if you take a break and go skiing for a week and you make no money, you're self employed and own your own job. If you make money while skiing, you have a business.I like to make money while skiing, and you can see my family skiing on my website. But this article is about ups and downs. Yes, I have experienced them! I'm still on top of it, and making money - here's why: multiple sources of income.The same way that mutual funds invest in a lot of businesses, you have a greater likelihood of making it through the ups and downs in home business if you have several streams of income. The most common ones are network marketing, real estate, stocks and other investments, and franchises.I have experience in several streams and am happy to share my successes because I believe that as I give to others it comes back to me and we all win. Recently there was a slow period in...more
What worse could have happened to the US economy then the 9th September 2001? Some perverted religious fanatics demolished the embodiment of the world trade. Terrorism is a threat to all the nations of the world. The human loss due to these activities cannot be condemned with words. The ruthlessness of the terror traders has an impact on each and...more
A home equity loan enables a homeowner to secure money using his home as collateral. This is can be helpful for borrowers seeking a huge sum and those with poor credit histories. Bad credit home loan lending institutions or lenders are generally more open to such loans, as borrowers are less likely to default on payments with their property on the...more
I've been jobless for quite some time now! Am I worried about it? No way. I have decided to take my own destiny in my hands and join the many entrepreneurs in self employment. Not just self-employment, but home based business.What is the difference between self employment and home based business? Just this - if you take a break and go skiing for a week and you make no money, you're self employed and own your own job. If you make money while skiing, you have a business.I like to make money while skiing, and you can see my family skiing on my website. But this article is about ups and downs. Yes, I have experienced them! I'm still on top of it, and making money - here's why: multiple sources of income.The same way that mutual funds invest in a lot of businesses, you have a greater likelihood of making it through the ups and downs in home business if you have several streams of income. The most common ones are network marketing, real estate, stocks and other investments, and franchises.I have experience in several streams and am happy to share my successes because I believe that as I give to others it comes back to me and we all win. Recently there was a slow period in networking and...more
Equity is the value of a home vs. the value of the loan. Many homeowners today are searchingfor ways to increase the value in their home, payoff debts, buy a new motor vehicle, or else takea long needed vacation and few take out equity loans to...more
Whenever you start something new, you're usually scared out of your pants, and I was no exception. Oh sure, I'm a self-assured, totally confident freelancer now, but when I got started working for myself, I was sweating bullets. There's no one to...more
The term "equity value" is often used synonymously with the entire equity of a given home loan.When homeowners consider equity loans, the lender will consider the equity built in the home. If thehome is not worth the amount applied for, the homeowner...more
There are simple, common sense steps you can take to get out of debt. Unfortunately, like losing weight, they are not necessarily easy or painless - but if you stick to them, you will become debt-free.Stop Borrowing MoneyThe first step to escaping...more
1. Big savings on daycare costs2. No more bosses giving you the stink eye for not working due to kid issues3. No commuting4. Savings on lunches out and work clothes5. More flexibility6. The ability to start a business doing something you love7. Make...more
Monopoly is a zero sum game based on competition. Since the money supply cannot increase, the players can win only by taking money from other players. The fundamental belief behind Monopoly is lack of money. This means that the only way to get...more