In order for someone to make money they have to realise that one must be able to focus on their goal and let their goal lead them. I have had such success with money making because I have always allowed myself to be led by my goal regardless of where it may take me. Using a old forum I was able to make a steady two to three dollars a day for doing nothing, and the forum members greatly awarded me for the online space that they were granted to rant on. If you cater to your audience you will make money, and if you put in the hard work money will come to you. Remember half the battle is figuring out what to do, after that it’s easy just like eating cake.
Luckily for me inflation in Florida declined to four percent from fiver percent one year again. Although the levels of inflation are somewhat high for my tastes, I find myself calmly composed. I have given up on following the world economy for some time now but I heard that the fed was planning to lower rates one more time. I logged onto my fnbodirect account and started two CD’s for one and two years and at 4.11 APY & 4.26% respectively. As I said before inflation isn’t all that bad in Florida but most people aren’t beating it at this moment. Luckily for me I was able to find out about the fed rate changes and take action.
My point for this entire post is that even if you want to disconnect from the world, try to stay connected so that you can learn about changes that effect your lives. As much as I hate the politic game that I like to call bullshit I still try to stay in it just enough to make important decisions that make a difference for me.
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.
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.
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.
Filed Under (Economics, Savings) by ravi on 30-11-2008
Little do people know that demand by consumers is what sets the price of a good within the free market. Demand is dictated by the acronym TRIBE.
Tastes
Relative Goods
Income
Number of Buyers
Expectations
These are the only things that dictate demand, and notice how price is not included in the determinants for demand. Demand just like supply are the two factors that dictate the price in the free market, and the two can only be manipulated when there is a free market. Of course because we have government intervention in our daily lives we no longer live in a free market. Our government decides to grant regional monopolies that only add to barriers to entry that keep competition from coming in. Unfortunately lobbyist continue to do this and as a result I doubt that we will ever see a day where we truly have a free market where the consumer decides what is produced and at what price it sells at.
Money market accounts are just like saving accounts except that they are not FDIC insured (most of the time). The benefit of money market accounts as opposed to regular savings accounts is that they can make you a bit more money with not a lot of risk. Now the amount of money that you will make is minimal but every penny counts. I for one have a Paypal Money market account and that seems to work very well for me although I keep a very little amount of money within it. I recommend money market accounts only if you are able to take some risk, otherwise I recommend going with a strong bank with a good history like FNBO or ING bank.
Bonds are pieces of debt sold to you at face value that yield a certain interest percent that is paid at maturity which is added to the principal value. Bonds are usually seen as safe investments because you can buy them based on their rating of credit worthiness, or you can buy treasury bills which i went into detail about a post 2 weeks ago. Buying T-bill is usually the safest investment because it is backed by the full faith and credit of the U.S government which has a triple AAA security rating. Bonds can also be bought for companies like General Electric or any other company but these carry some risk albeit a higher yield.
