The Get Rich Slowly Method
August 29, 2008
In the investing world (and in the business world as well), the formula for success is to “buy low, sell high”. Due to its “instant results” nature, the stock market is like a dream come true for investors hoping to strike gold using that exact formula. Although the strategy sounds simple, as most investors (and many... Read more »
If You Want to Become Wealthy Play Win-Win
August 29, 2008
A few years ago, I designed a game to teach people how to master wealth creation. For this, I used the basic Monopoly game but changed the rules somewhat to create a situation that follows the six stages of the Money Program. In my version of Monopoly, in order to win, the players need to negotiate... Read more »
Credit Crunch Still Affecting Personal Finances
August 29, 2008
The effects of the credit crunch are still having an effect on people’s personal finances and the country’s economy has not yet returned to its normal state, it has been claimed. Economist at the Centre for Economics and Business Research Charles Davies said that both consumers and businesses are being affected by the credit crunch, with growth... Read more »
Why 401(k) Retirement Plans Really Don’t Work
August 28, 2008
The good news about the Internet is the information we can get our cursors on instantly; the bad news is the information we can get our heads around instantly, but without any way of gauging accuracy, relevance, or completeness. This is particularly evident in the financial-investment-retirement world, where thousands of websites tell us how to do things and why,... Read more »
Timeshares Affordable Part Time Ownership with a Twist
August 26, 2008
If full-time ownership, plus the responsibilities and liabilities the come with it are too much for you, you may opt for a time share instead. Time shares part-time ownerships that allow you to share in the costs and responsibilities for a property. This works well because you do not have to shoulder the... Read more »
How To Create More Income
August 26, 2008
There are two sides to wealth creation, earning money and spending it. In essence, if we spend less than we earn, we will ultimately, progressively become rich. However, I also like to reinforce the other side of the wealth equation, income, because most budgets and money management programs focus too heavily on reducing the expenditure, which is often restrictive... Read more »
Identity Theft Statistics Are Extremely Alarming
August 26, 2008
Identify theft is quite common in the United States, much more common than many of us think. Actually it is one of the fastest rising crimes in America, to make matters worse not only is it one of the most difficult to detect but one of the hardest to solve. The United States government has adopted some very harsh punishments... Read more »
How To Get A Fast Payday Loan With No Debit Card
August 26, 2008
If you are new to borrowing money then you probably know you can get a loan from your local bank. But did you know you could get a fast short term loan to get you out of an immediate financial fix. These convenient loans are called payday loans, they are also referred to a debit card loans because of the method that is often used to repay the loan. In North America these types... Read more »
Rules for Investing- How To Build a Portfolio of Safe, Secure Investments
August 22, 2008
In order to invest wisely, you need to have a suitable investment plan that will ensure the appropriate amount of growth for you. Your investments will also need to be safe and easy to manage. Developing an Investment Plan: The first step in developing an investment plan is to identify what type of an investor you are. Investor types are often determined by their stages in life.... Read more »
How To Live Within Your Means
August 22, 2008
Planning and goal setting are critical to your success if you want to become wealthy. The two key traits of people who do not become wealthy are, firstly, they tend to spend all of the money they have and, secondly, they do not know what they spend their money on. The lack of goals is the main culprit. Ric Edelman, author of The Truth... Read more »
