I’ve got my money under control, now what? How do I manage the money that I have saved? What if I still have some outstanding debt that is lingering? I’m glad you are asking these questions, because the last thing I want is for you to end up back in a downward spiral of endless debt. Who wants to be a slave to credit card companies and financial institutions?

Once you have reached your financial freedom by eliminating most or all of you unnecessary debts, it doesn’t end there. Your developed personal budget will always keep you on track with your finances, as long as you stick to it and not regress back to old habits, which can be very tempting.… Continue reading »

How come no matter how hard I work, I’m still broke? Why is it that I struggle to make it to each payday? How can I save money when I have nothing to save? These questions sound familiar? Well, they should if you are living from one pay day to another and have nothing to show for it in the form of savings.

What is wealth?

Wealth is not measured by how much money you bring home, how much you have in the bank, or by how many material items you own. Wealth is simply the amount of money you have left over each month after essential expenses are paid.… Continue reading »

How do I survive the turbulence of the economy? Why am I living paycheck to paycheck? Why is my credit card debt increasing? Is there any end in sight? These are common questions in an uncertain economy where jobs are scarce, people are being laid off or asked to take pay cuts, and prices of goods and services continue to increase. I’m here to tell you that regardless of your income level, you can get a hold of your finances and reach a level of financial security.

You would never head out on a road trip to a specific destination, with no plan.… Continue reading »

Entrepreneurs are well-known as risk-takers. Some of them are going all out while some others walk their journey based on calculated-risk. Considering the volatility of the business world today, here is why entrepreneurs should pursue the calculated-risk path.

“Do or die” situation often brings out huge success because I believe people will generally exceed expectations when they are faced in a difficult situation (of course, some would crumble and flee from challenges…)

Aggressive risk-takers pursue “high risk, high gain” business opportunities, with a hope of striking a gold vein and being showered in riches. Some made it, but unfortunately, many fall deep into financial troubles – that almost always includes personal finances.… Continue reading »

Entrepreneurs often have a difficult time deciding where to invest their money. There are many choices which they can choose. If you are an entrepreneur, you can use your money by expanding your business. This can be increasing advertising budget or opening a new store. If the economy is not in good condition you might need to reconsider your decision to expand.

Currently U.S. jobs growth is slowing and it has fueled concern that the global economy is weakening. You may realize that US Dollar is still going down this year and gold has just recently reached another new record high.… Continue reading »

With pricier “secure” stocks as seemingly volatile as the rest, people are playing it fiscally safe more than ever these days when making investments. For many it comes down to a matter of low-loss potential plus the ability to move around the market easily. These folks oftentimes look to the penny stock market to satisfy these criteria.

But penny stocks, while attractive for their value-based possibilities, are not without their risks. Potential penny stock investors need to know who they can trust, where they should go, and what they should avoid.

DON’T Listen to Online Non-News Anything

Stay away from penny stock discussion boards and chats.… Continue reading »

In this blog post I want to talk about why many people – including business owners – are happy, yet live a bitter, unhappy life. To kick off, I’d like to say that being rich and happy is possible.

Views on being rich and happy

I live in a country in which 5 major religions reside side by side. There are some tensions, but in general, we thrive in the diversity. I am surrounded by people from many different cultural backgrounds, including different views about God. Some don’t believe in God, some do – they have their own reason, I have mine; we happily live our life with respect.… Continue reading »

This is a blog post by Michael Cash.

People often fail to realize how productive online time can be. The expansive scope of the Internet means you have access to a massive amount of tools and information to better yourself personally and financially. Most importantly, by being productive online you can pull yourself out of a financial hole thanks to exclusive online money making opportunities.

Whether you need to extra cash for the immediate future or working your way out of a debt filled financial hole, there are ways to become productive online for financial gain.

Work as an Online Freelancer

The online freelance market has steadily grown thanks to the increased use of the Internet as an important business and commerce tool.… Continue reading »

This is a blog post by Richard Jacobs.

If you are an earning hand for your family, and are looking for ways to earn six figures or more every year, but do not have the required degree, qualifications or academic background, you can still get that kind of money. In today’s world, a wide range of opportunities are available in different fields, and it does not mean that you need to have a degree from a top medical or engineering school or university to be able to earn more than six figures every year. So if you do not have a proper degree, do not think that you cannot get a high paying job, because there are some top paying jobs out there which do not require the candidate to have a college degree.… Continue reading »

While searching the Internet for stock investing tips, I stumbled on a site called Born To Sell. The site helps investors who are doing covered calls. Interesting – read on.

As an entrepreneur, I need to diverse myself. Right now, all I’m doing is building and investing in businesses – online businesses, that is. My short term plans are to start or invest in a business, to invest in real estates, and to do stock investing.

I took a closer look at the latter – stock investing – especially because it’s probably the least I want to do in wealth building, because all seem too volatile for me.… Continue reading »

Mitch Biggs  is a Featured Business & Finance Contributor to Associated Content.  This is a reprint of a published article.

On the tail end of the baby boomer generation, I have made many money windfalls and mistakes. Every year I have filed my own taxes and done my own investments. I’m sure a professional could have navigated the course with much more precision, however, the knowledge I have gained is priceless.I am not quite sure where I heard or was exposed to one simple statement that made an impression on me in my early years. The simple concept that no one will care more about my hard earned money than me.… Continue reading »

Yes, you read it right, we’re going to tell you how to earn money by shopping online. Not how to earn more at work so you can shop more, and not how to save money on shopping, but how to earn some good hard cash through the act of shopping itself.

The post is inspired by the upcoming shopping season – we are going to shop like crazy during the upcoming 6 months, so let’s try to make it more fun and more useful!

The key is to make use of any of our three favorite Internet tools and services listed below.… Continue reading »

Business credit cards for small business owners are essential tools to “make your life easier.” Other than providing a form of financing for your business purpose, you can enjoy perks, such as discounts on office supplies, gas, travel purchases, and many more.

Now, if you use your business credit cards on regular basis, chances are you might not be aware of the credit card charges if you happen to do a late payment or exceed your credit limits (well, you shouldn’t in the first place!) These charges are ‘hidden’ in the form of service fees, and they could be unreasonable, especially compared to the amount of the late payment.… Continue reading »

Many want to be entrepreneurs and business owners with one, single vision: Getting rich and be able to buy whatever they want; driving fast cars, owning villas, traveling around the world in luxury, buying a boat, etc.

While they are probably still reasonable visions, hear me this: When you DO reach what you are looking for, mis-managing your finances and spending carelessly will destroy your business AND your personal finances faster than a blink.

I love explaining things using case studies – so, here they are…

How bad personal finance planning can turn millionaires into ‘nobodies’: case studies

Britney Spears (the pop star,) Mike Tyson (the ex-boxing superstar,) Antoine Walker (the NBA dropout,) and many other public figures were gone bankrupt for one reason: Bad money management.… Continue reading »

Last week I was asked to speak at a small business seminar on business succession as it relates to selling a business here in Florida.

Succession planning in general is the process of preparing to hand over control of the business to others. Very often family may be part of succession planning and while most businesses do not have any plans for business succession, those that do, fall short in the planning and communication of those plans.

So you are working hard on your business now, what is your plan?… Continue reading »

Build up your business to a nice size and sell your business for great financial gain?

If you know the rules, you can play the game. This concept holds true for the sea of rules imposed by the IRS. A good tax advisor is going to seek out loopholes or effective strategies to keep more money in your pocket. When you feel that you are paying more than your fair share, you find creative ways to reduce your burden. This is precisely why an increase in taxes often yields less tax revenue.Remember the yacht or luxury tax? The idea was to tax the very wealthy on their extravagant purchase thus increasing tax revenue. What happened? The rich bought less luxury items in the United States.… Continue reading »