Economics & Everything elseThe blog about human needs and limited resources

Men typically aren’t the spenders in the relationship but we do tend to spend. Luckily for us most shops are geared towards women and therefor our impulse to spend are calmed. Rather than spending on material goods like clothes and other items like that we men choose to spend our money on services like mixed martial art schools and other such services. I think I speak for the rest of the male population when I make the generalization men tend to value services over any type of materialistic item.
All of that being said, men also need to curtail some of our spending habits during this tough economic time. Some ways is to lower our service plans that we have, I for one will downgrading my internet plan from high to middle. Another way is to put off some endeavors in the mean time as we build up enough money to still have a safety net and enjoy those services.

People for some reason tend to believe that there is no way to get out of debt, that there is no secret. Nothing is farther from the truth, in order to first get out of debt you must learn how take responsibility and understand that you will spend money in order to save a whole lot more money. There are ways to self
debt consolidation but it usually to go with a professional company because they have a larger client base to argue with against the credit card company. You can always call to lower your rate in order for you to try credit card consolidation but like I stated earlier companies have a better reputation for getting things done.
You may be thinking that the dollar is on the way down the drain and that I will be free once they start getting bail outs. Credit card companies want all the money that they can get and I doubt that they will settle even when they get their bailouts. If you are struggling from the burden of heavy debt I suggest credit card consolidation from fastdebtfreedomnow.com since they have lots of experience. On the average client that has over ten thousand of unsecured debt they have been able to cut in half.

In economics loans are needed in order to run the economy, if all the worlds debt was cleared the world economy would cease to exist. Many businesses today also rely on loans because companies take out loans to be able to pay for payroll and other expenses since there is a waiting time before a payment is received for a service or product. Recently there has been a downturn in our economy and as a result companies have been having to take out more and more loans at higher interest rates. Because of the massive pile up of debt companies like freedom debt relief have emerged and have helped keep low payments;
They help Cut debts in half and Get debt free fast while charging little for the service that saves you tons.
A relative of mine had a problem with debt and decided to take it on without the help of a debt relief program and ended up spendings thousands more because he wasn’t able to negotiate with the credit card company. My relative is living proof that it is better to consolidate your debt with a debt relief agency and work together to get you financially secure.

Even in todays economy credit problems still linger above our heads and progressively get worse. I was luckily able to find a good credit card while looking over Capital One Credit Cards at comparecards.com. I was able to find a great Capital one credit card that allowed me to take out a balance transfer at 0% APR for the first year which gave me plenty of time to pay off the rest of my debt at zero interest. I of course do not advocate having to take out balance transfers or look for a lower interest rate unless you absolutely have to. By all means pay off your bills when you have to and no later.
The great thing about comparecards.com is that you can search for Low Interest Credit Cards and Zero Percent Interest Credit Cards where you can help pay off any debt or even make money. One man was able to make a boatload of money through zero percent balance transfers by taking the money and putting it in a high yield online savings account. It does have it’s risk but you should look into the option if you need to make a little extra money this holiday season.

It seems that many industries are not recession proof and this is where government programs usually come into play. The USPS (United States Postal Service) is one industry that I believe to be recession proof for two reasons.
1. It is a agency backed by US taxpayers.
2. The mail never stops to quote Newman from Seinfeld.
For this reason people continues to buy mail boxes. I believe that the video game industry along with the mailbox industry are some of the most recession proof industries out there today. A company like mailboxixchange.com is a company that has a good reputation for making quality mailboxes because of their superior standards and better building materials. They truly are a lucky company to be in that type of industry. Mail boxes can be a very important business tool as well because if for some reason your boss decides to drop by a mail box can make or break the impression of your employer. To add to that a mailbox also servers the purpose of displaying your house, kinda like the preview before a show. If your interested in purchasing a mail box check out the links above, that’s where I got mine.

It seems that rate cut after rate cut nothing seems to be spurring the economy back to full employment as our gross domenstic product continues to be ont he decline. Stocks have tumbled, mutual funds have flipped, and the almighty housing asset is losing value fast. Although we face grim news all day I remind myself to think “everything bad happens for a good reason”. Thank god we are in a recession now, without these bad times things wouldn’t be half off, nor would people understand  that their are things more important than money. I would also like to say that I’m grateful for the recession because it opens the eyes of the public as to what our government is doing and you can actually see how this effects the routine news on CBS and other channels. The same thing is what happened during Vietnam, because of economic depression and a war people become politically involved.

I have written on some of my other blogs that my business has been on a steady decline because of school & finals. What I haven’t mentioned is that I started looking into investing, again. Investing is a great way to make a lot of money in a short amount of time, of course there is risk involved. Fortunately for me I do have some cash that I wouldn’t mind investing for the long haul of this economics downturn
When I started searching for a brokerage firm to sign up for I decided to go with one that offers Online Trading, a Online Broker, Stock Trading, and contracts for options. My search led me to firstrade.com, taking a look around I see that they offer everything plus a referral program. I myself choose to write about my progress on a number of blogs and being able to use their referral program to get me money and trades is only one more bonus on a long list of bonuses.
I like firstrade because it seems that they offer everything that one would want from a broker. Besides not offering free trades they offer everything else on my list of requirements (see above) and more. If your interested please check them out, or at the very least do your own comparison (you’ll be paid for switching as well )

Today I was reading about socks in a magazine. The magazine went into detail about the different type of socks that are being sold, some are plain white or black while others take a more colorful approach. I got to thinking how this is a blog about economics and everything else that I should take the content of one of my planned post and submit a theory about a great present.

Back during my high school days I saw many women where these type of socks and it seemed that they were in a bit of a trend. After graduating I noticed that the trend was on a slippery downward slope until two days ago when I started to see the trend again at FIU.  I started thinking that Christmas is coming up and that this would be a great gift to those who love.

If I personally had to give a gift and I had no idea a pair of these socks could be a great way to delay the present and break the ice at the same time. I think some women will find them cute and that they will be open to wearing them.

People for some reason decide to spend money when they don’t have any need for useless frivolous crap that serves them or their family no good. It’s pathetic to see those who have no money on Black Friday buying a flat screen T.V. when they know that they may or may not get a job anytime soon. Not to brag but I have a fairly secure source of income, I spend money when I know that I can otherwise I keep it locked away. It seems that people have no idea how to invest money into things that can benefit either their business or themselves.
A good example of a good investment during these horrible times is FASTSIGNS. Statistics have shown time and time again that people are most likely to find your store through a sign or by word of mouth. Because of this statistic it is obvious that if you own a failing business you need to change your business practices or it may be that your sign isn’t attracting enough business. For this reason many companies decide to use the store called FASTSIGNS to make and purchase their signs.
FASTSIGNS makes great signs that will last your business for a very long time as opposed to the mediocre signs that end up failing days after the warranty for the sign expire. One must realize that some businesses integrate a failing product into their business plan, not FASTSIGNS. Check out FASTSIGNS for some great looking signs that will draw in business, stop using sings that fail.

After reading an article in Forbes magazine my suspicion that the Federal Reserve is heading in the wrong direction was confirmed. The same problems happened to Latin America when external forces caused inflation to soar as exports declined. For a number of years inflation kept on increasing as central banks continued to borrow from other countries. Eventually the government had enough of this and decided to combat inflation by suspending government spending significantly and by the central bank increasing rates, it worked. As far as I can tell the United States is in the same position as the Latin American countries even though we know what to do, rather than try to spur the economy I think we should let it free fall. Let all the companies that decided to exercise bad business practices fail for their stupidity.
When I was taking economics in high school we were told whether or not we would want to increase rates to lower inflation or decrease rates to help the unemployed. It turns out that the philips curve has been denied it’s god given right to dictate that one action comes at the price of another. Rather than unemployment going up as a result of all the increase in rates both inflation and unemployment are increasing at the same time. I think it’s time for the fed to finally step in and try to save what’s left of the economy, then again I don’t have a Ph.D in economics.