Get Rich In 6 Easy Steps
Monday, March 17th, 2008The first step to get rich is to pay yourself first. Make it automatic and never miss a payment to yourself. You must save at least 10% of every dollar you earn. If you want to increase your wealth at a faster rate you must save 15% to 20%.
The second step to ensure you get rich is to set up a budget and find ways to cut back on your expenses. It does not matter how much you earn, but how much you spend. Buy only appreciating assets such as a home and cut back on depreciating assets such as stereos, cars, etc.
Investments And The Ways To Make Money
Tuesday, February 26th, 2008Most people don’t spend much time wondering what money is. Their only major concern is how much they have, and how to get more!
What is money?
It is a medium of exchange.
What does it do?
It ensures the success of exchange by being the one item on offer that is ALWAYS acceptable.
Why is it necessary?
Because human beings must exchange to live together in peace, and to prosper!
That’s all!
On the other hand, without money, the production and exchange of anything but the most rudimentary goods and services is impossible. It is not difficult, or time consuming, or inefficient, it is IMPOSSIBLE!
Wealth Building 101 For The Long Term
Saturday, February 2nd, 2008Whenever we read about building wealth or even attend a seminar for that purpose, we usually start by assessing our present financial status. When Building Wealth by Russ Whitney was first released in 1994, it was hailed as a cutting-edge, comprehensive book
With a successful wealth building strategy comes the understanding of what kinds of diversification offer you the protection you need from taking great losses in the short and long term. As far as courage goes when it comes to wealth building, many people tend to be like the cowardly lion from the Wizard of Oz.
How To Make Your First Million
Friday, February 1st, 2008Why is this the most difficult one to earn? It can take you forever to make your first million if you don’t have a plan. But as soon as you figure out how to make one million, you can easily make two, three, four, five and even more millions by simply repeating what you did when you earned the first one. Preparing your financial breakthrough is like building a prototype. Creating the mould is the most difficult, tedious part of any production. In the beginning, just focus on the mould. Plan it properly, design it carefully, and give it a personal touch.
Make Money From The Stock Market Jitters
Friday, January 25th, 2008Late summer 2007 sees the stock markets around the world jitter with, er, the jitters, as the up and down swings foster insecurity, and talk of recession looms.
Is it possible to profit from this kind of stock market movement? Absolutely…
Never mind the possible recession talk, it’s always possible to make profit from stocks and shares, both long term and short term, by a method I don’t use, playing the markets.
You can play the futures trades game to make fortunes, but it’s risky as you can also lose fortunes - as far as I’m concerned the risk is to high for me, so I prefer to go for a safer route - niche marketing.