Jun 5 2009

4 Steps To Getting Richer

Financial expert Jean Chatzky wants you to stop making excuses and get richer! She has four simple steps anyone can follow to the path of financial success.

1) Maximize Your Income

  • Set an income goal.
  • Ask for a raise.
  • Work an extra hour a week.
  • Learn more about making more.
Image via Wikipedia

2) Spend Less Than You Make

  • Pause before you purchase.
  • Pay bills on time.
  • Use a debit card.
  • Shop around.
  • Find extra money for your savings.

3) Invest Money You Don’t Spend

  • Save automatically.
  • Earn more interest.
  • Build your money confidence with Jean’s investment basics.

4) Protect Your Money

  • Get insurance.
  • Get a will.
  • Get an account in your name.
  • Learn how to better secure your future.
Source: Jean Chatzky on Oprah.com

Read also: How To Automate Your Income


Mar 6 2009

55 Famous Alibis

People who do not succeed have one distinguishing trait in common: They know all the reasons for failure, and have what they believe to be airtight alibis to explain away their own lack of achievement.

Some of these alibis are clever, and a few of them are justifiable by the facts. But alibis cannot be used for money. The world wants to know only one thing: Have you achieved success?

A character analyst compiled a list of the most commonly used alibis. As you read the list, examine yourself carefully and determine how many of these alibis, if any, are your own property:

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Dec 11 2007

I Need An Income Source That Outlives Me!

“Do you know how much of monthly instalment I need to pay for all my debts? $10,000 a month! Just my past business loans and personal loans alone… not counting my monthly instalments for my car and house,” my friend Andrew* told me today. He’s in his 30′s with a wife around his age; a father to a 7-year-old boy. Andrew cried, “If something happens to me, how are my wife and son going to go through their lives?!”

“Do you know if there’s anything on earth that keeps paying my family long after I’m gone?” Andrew asked me. I replied without hesitation, “Yes, absolutely!”

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