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The Bad Credit (Bureau) Conspiracy
This video is brought to you by the Credit Repair Intelligence Guide
Are you looking to improve your credit score? Well, then there is some very interesting information that you may want to know. The Credit Bureaus are not your friend. As a matter of fact, they make money from you when your credit is bad!
Yes, that is a bold statement to make. But in this video, you will see how and why it works this way.
Tired of being left out. Raise Your Credit Score and get approved for THE THINGS YOU DESERVE!
There is nothing more pleasant to the ears than to hear YOU DESERVE something. But do you really deserve something that you can’t afford? What happened to the good ole days when a person would buy in cash, only what they could afford? Well, the truth is that for the most part (for those who have discipline) those days are still here!
So, is credit even important? After all, you only need credit when you are about to borrow money, right? Consider the following material. Times are not what they used to be.
Raise your credit score up to 249 points using secrets that banks, credit repair services, debt services and even lawyers don’t want you to know.
Originally posted 2009-03-31 06:11:01.
Advice is free but good advice is priceless, particularly when it comes to your finances. The internet is filled with people who promise you all sorts of things, from wealth, to health, to happiness and beyond. Some are genuine, some are genuine free thinkers; many are charlatans and worse pedaling cyber snake oil or tired old tropes in emperor’s new clothes. Perhaps in financial advice – and in other parts of our lives – we should be looking elsewhere, at advisers whose words have stood the test of time, and where better to start than with the words of people who thought about this stuff full time, philosophers.
The Bigger Picture
You won’t, of course, find detailed advice on the stock market, the best investment or savings products or how to reduce your mortgage in the works of a man who lived in an ancient civilization like Greece or had to navigate the treacherous waters of Renaissance Italy. No, this is about the big picture – how to approach your life and perhaps to assess what things are really valuable to you.
The Enemy of Capitalism Understood his Foe
Search for advice on success and you’ll find yourself directed to the thoughts of entrepreneurs and the like – some of whose prime ability seems to be the ability to get their voice heard. Many of the nuggets of wisdom they pass off as their own are in fact simply being passed on, rebranded and charged for of course. Perhaps we should be looking to the source material – put aside the financial guides and head for the philosophy textbooks. This widening of our reading can lead us to some surprising places. A phrase that became popular as the Soviet Union crumbled into what is now Russia was “Marx lied to us about communism, but he was right about capitalism”. While Karl Marx – the father of communism – is often painted crudely as a bogey man who was personally responsible for the evils of every communist dictatorship that took his name in vain, he was a magnificent economist who died in 1883 34 years before the Russian revolution. Marx’s economic thought is now coming back into vogue. In 2014 you’ll find Rolling Stone of all people listing five ways in which Marx successfully predicted that capitalism would develop. Economist Richard Wolff is not afraid to refer to the Marxist inspiration in his thought. He is of the left, but even some high flying free marketers are admitting to finding parts of Marx’s critique of capitalism compelling after the 2008 crisis.
Free Your Mind
Marx was an opponent of capitalism, and to oppose it he sought to understand it, doing so more successfully than almost any other thinker. You don’t need to share Marx’s view that the system should be dismantled to recognize that there’s value in learning from his understanding of our economy. In fact to thrive or survive you need to understand your environment.
Marx was at least an economist, but we can look further afield to find interesting thinkers and to learn from them – not just about financial success, but about success in life. Social media has turned some of these guys into minor meme stars, their thought chopped into easily digested morsels and shared across Facebook or Twitter with a nice graphic attached. Why not indeed? Wisdom endures and wisdom sells.
Straight out of Ancient China
Let’s take a look at just one example, some of whose thoughts could come straight out of the latest best-selling money-making guide.
“It does not matter how slowly you go as long as you do not stop,” he advises. In a phrase that could come right from the latest management book, he wrote, “When it is obvious that the goals cannot be reached, don’t adjust the goals, adjust the action steps.” Those are from Confucius who died nearly 500 years before the birth of Christ. It’s interesting to note that Confucius remains a revered figure in modern China – a mega-growth economy still run by a communist party. In fact, the Chinese government are keen to promote the old boy and sponsor links with western academic institutions that promote not just Confucius but China as a whole; it’s the exercise of soft power. That you won’t find much mention of Mao is surely a good lesson in modern marketing.
A Whole World of Thought
Confucius is just one. Modern thinkers have found inspiration in the political double-dealing of Niccolò Machiavelli, business ideas in the war strategies of Sun Tzu or perhaps the gentler life lessons of the founder of Taoism, Lao Tzu.
Read widely, then, and remember that when you see some financial guru turn away from the specifics of the economy to the broader picture that you are almost certainly hearing someone else’s thoughts given a modern twist. You may find a clearer picture by going to the originals whether they worked in ancient China, fourth century BC Athens or Renaissance Florence. After all, why pay a middle man when you can go to the source.
Mismanaged debt is one of the biggest problems any person can have with their finances; it’s messy and can balloon out of control before you know it. As an extension you can only imagine how much exponentially worse the debt situation can get with your business budget. For the reason of debt management alone you have to demand the vigilant accuracy of your small-business budget. Here are a few other reasons that an accurate business budget is the only one that makes sense.
People’s Paychecks: Your employee’s lives depend on your being able to pay them on time and for the amounts they are owed. If you cannot keep your employees paid then not only are you going to have a more difficult time making money in the future (with no workers comes no future business) but you’re going to develop a bad reputation for one who doesn’t honor their commitments. Nobody; your investors, your customers, other employees, or anyone else; needs to be hearing negative things leaking out about how bad working for you is from anywhere; especially from the inside.
Paying Vendors: If you don’t keep accurate records and you aren’t able to maintain your cash flow then you won’t be able to pay vendors. This has a dual-effect. Not only will you not have products to stock your shelves with but you won’t have electricity to turn your lights on with and other basic electronic functions to keep your business going. If you make the ultimate misstep and begin to short your landlord and/or the tax man for the property tax on your businesses land, you might as well just kiss your business goodbye. Landlords don’t think twice before trying to uproot truant tenants and the all-seeing tax-eye blinks for no one.
Customer Credit: Another dodgy area for not keeping accurate budgets for your business comes when you begin loaning credit to customers. While other people’s debt may not seem any reflection of you, if you just begin lending credit to customers willy-nilly and you don’t carefully screen your credit applicants then there is the double-chance that you won’t get paid. That’s bad news for everyone; vendors, suppliers, landlord, tax-man. It will be because of your bad credit decisions though your business will be the ultimate one who suffers.
Slippery Slope: Another reason you want to keep as open and accurate representations for your business budget as possible is because once you begin fudging the numbers in any way it can become a slippery slope downward. You could think that you will just do a little bit of faking until the next month’s deposits post, but then there could be something else which will plug you even further behind and on and on it goes.
You don’t want to become an archetype of fiscal misbehavior; the term “Bernie Madoff” had very little meaning to folks 5 years ago then it does today. We all know in our heads that cheating anyone isn’t ever a good idea. Rather than trek that slippery slope you should be as open and honest with your investors and yourself as possible. There are always ways to turn things around if you’re honest. But people don’t blink twice when turning away from a proven liar. Get help with your debt before you become a cautionary tale.
Katherine Pilnick writes and blogs about personal financial well-being, debt consolidation, and issues that influence it for Debt.org, America’s Debt Help Organization.
Originally posted 2012-10-16 00:01:00.
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We’ve all heard that diversifying our portfolios and investing for the long term is the best way to achieve financial independence, and that other forms of investment are “risky.” However, seeing how many people lost their money in the stock market and now can’t retire, we may want to rethink that position.
This audio book, “Rich Dad’s Who Took My Money” brought to you by Kiyosaki Mania presents a totally different way of looking at things. If you do what the average person does, you’ll get what the average person gets. Check out Rich Dad’s formula. It is well worth your time.
What is a mutual fund? Learn the Truth About Mutual Funds at Checks and Balances TV with host Matthew J. Rettick. http://www.checksandbalances.tv
More Info on Mutual Funds Below.
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Originally posted 2012-09-11 19:58:15.
But They Wont
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– The banking giant HSBC has escaped indictment for laundering billions of dollars for Mexican drug cartels and groups linked to Al-Qaeda. Despite evidence of wrongdoing, the U.S. Department of Justice has allowed the bank to avoid prosecution and pay a $1.9 billion fine. No top HSBC officials will face charges, either. We’re joined by Rolling Stone contributing editor Matt Taibbi
, author of “Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History.
“You can do real time in jail in America for all kinds of ridiculous offenses,” Taibbi says. “Here we have a bank that laundered $800 million of drug money, and they can’t find a way to put anybody in jail for that. That sends an incredible message, not just to the financial sector but to everybody. It’s an obvious, clear double standard, where one set of people gets to break the rules as much as they want and another set of people can’t break any rules at all without going to jail.”
To watch the entire weekday independent news hour, read the transcript, download the podcast, search our vast archive, or to find more information about Democracy Now! and Amy Goodman, visit http://www.democracynow.org.
Today I would like to discuss the controversial subject known as budgeting. Most, if not all of financial experts will tell you that you must have one to succeed. This seems like a no brainer, but if it is that easy, then why is it that nobody does them?
Is it because people are just lazy? Is it because they have no discipline? Do Budgets even work?!! Consider the following material. Things are not always as they seem.
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Originally posted 2008-10-28 23:25:45.
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Ladies and Gentlemen: What is the purpose of accumulating cash if it keeps getting stolen from you? It’s been over 100 years since this institution was instituted. And since then, the value of our money has been reduced to a point where it is LITERALLY (not figuratively) not worth the paper that it is printed on. What is this institution and where did it come from?
A long time ago, the United States Congress created a central bank today, we know it as the Federal Reserve Bank of the United States. What most people don’t know is that the bank isn’t a federal entity and candidly, it really has nothing in reserves. Is the Federal Reserve good for the United States? Is it even possible to get rid of it? The first step toward truth is to be informed.
Are you up to your eyeballs in debt? Are you about to lose your home? Have you considered bankruptcy? Do you know of anyone who is considering or who has already filed bankruptcy or had a foreclosure? The following information could be vital.
Obviously filling bankruptcy can hurt your financial future… but how much?
Bankruptcy doesn’t happen over night. It develops over time. And the best way to avoid it in most cases is to get your finances in order now! There is no better resource than the following to get a wealth plan in place and get out of debt than the following.
If you enjoyed the above article, feel free to promulgate it below.
Originally posted 2010-03-30 23:33:36.