Economics Finance

A lot of friends and acquaintances ask me how I save so much money and stay in great shape without even working out. The answer is always profoundly simple and always catches them off guard. Whenever I give them the plan to do it, they end up saving 300 dollars a month, minimum. If you want to save hundreds of dollars per month (or per week depending on your habits), as well as get in great shape, here is exactly how I do it:

You’ve got to cook meals at home using some key ingredients from grocery stores that you need to start picking up. For example – if you grab a drink at a coffee shop or starbucks in the morning, and get a crappy fast food meal on the way to, or back from work, you’ll already save 300 dollars (and your health) by switching it up. Here are they key ingredients you need to work it:

Beans (canned, any variety you enjoy)
Eggs
Bread
Tomato sauce (pasta sauce, jarred or canned)
Pasta
Oil (olive oil or canola oil)
Basic spices, such as salt, pepper, oregano, basil, etc
Vegetables that are ON SALE, such as potatoes, onions, peppers, etc
Meat (beef, chicken breasts, drumsticks, thighs, etc, fish) that are ON SALE Continue reading ‘Eating Cheap – How to Get by and Eat Well on 20 Dollars Per Week’ »

If you’ve ever thought of becoming involved in the fast paced world of foreign currency trading known as the forex, then unless you’ve had some experience in this area, you’ve probably felt a little trepidation and been a bit daunted by it all. After all, how do you compete with other traders in the market who have years of experience? And how do you obtain the know-how to be able to hold your own and carve out your own financial niche?

How to Compete

Realistically speaking, the only way that you can compete with others who have years of experience in forex trading is by associating yourself with a mentor who will teach you the ropes of how it’s all done. You have to find someone who has been successful in this area and be able to repeat what they have done to become successful yourself. It sounds like a tall order, doesn’t it.

But before all that happens, you first have to get REAL with yourself and determine whether or not this is something that you really want to pursue. Are you just blowing smoke up your pants, or are you serious about learning how to trade in the forex market. If the latter turns out to be your answer, then you next need to find a mentor.

Finding a Forex Mentor

Finding a mentor to help you learn about forex trading is not too difficult in today’s Internet age. There is no shortage of people advertising on the Internet who claim they can help you cut out a piece of the pie in the three trillion dollar forex market. However, finding someone who has your best interest at heart and who is actually interested in teaching you about successfully trading the forex may be a little more difficult to accomplish.

Like most things we become involved with in life, learning about the basics and the fundamentals of a discipline like forex trading is certainly at the top of every aspiring trader’s list of things to accomplish. If you know which forex strategy to employ at which time, such knowledge can make all the difference regarding whether or not your trading becomes successful. Continue reading ‘10 Minute Forex Wealth Builder – Forex Trading Basics and Beyond’ »

A balance transfer can work to your advantage when you have an unpaid balance on your existing credit card. You may ask what reason is there to transfer my outstanding balance from one card to another. For starters most of the cards that offer balance transfers have lower interest rates than your existing credit card. This makes you save lots of money when making payments not to mention the convenience of only having to deal with one card to make your payments.

The primary reason for this option is to save money. If your current credit card has high interest rates on payments then you can lower this by simply applying for another card that has a lower interest rate then it is best to use this option. This is a great way to effectively manage your debts.

When looking for good balance transfer credit cards always take note of the rate on the card, how long the interest rate applies and lastly the ongoing purchase rate.

Balance Transfer Interest Rate: This is the interest you will have to pay on your outstanding balance from your existing credit card. Make sure to choose the lowest possible interest rate. Most cards even offer a 0% interest rate just to bring in new customers and boost their business. Continue reading ‘Making Balance Transfer Credit Cards Work For You’ »

The possibility of bankruptcy is very real. If you think this could never happen to you, think again. In fact millions of Americans have already filed bankruptcy at one point in their lives and most of them never expected that possibility either.

The truth is, everyone can be at risk of bankruptcy even those who have lots of money in the bank. Take a look at the following most common reasons why people end up filing for bankruptcy:

Unfortunate Circumstances
Even rich people are affected by unexpected events that are beyond control. There may suddenly be an illness in one of the member’s of the family and their finances can slowly decline in just a matter of months or even weeks.

Natural disasters like hurricane, earthquake, and other accidents can happen at the most unexpected times. The change in the economy or the loss of job are all major events in life that can have a huge impact on a family’s financial status.

Shortsightedness
Knowing that the unexpected events can strike at any time, it is only fitting to do the necessary preparations. Do you set aside some of your money in preparation for such emergencies? Or do you spend every penny of your monthly income, confident that you’ll have enough salary the next month? Continue reading ‘10 Reasons Why People File For Bankruptcy’ »

It’s bad enough to be in a car accident that results in a total loss, but to add insult to injury you find out from your insurance company that your two year old car is worth only 40% of its original value and then to top it off your finance company tells you that after two years of making payments you’ve barely made a dent in your loan.

The result? You get a $10,800 check from your insurance company to pay off a $22,000 car loan. Welcome to the danger zone for car loans. Continue reading ‘Is Your Car Loan in the Danger Zone?’ »

Given that the simple fact that you are considering bankruptcy is an indication of the fact that you are in way over your head with your finances as it is, it’s very likely that your biggest concern about the bankruptcy procedure is how you will pay your bankruptcy attorney fees.

A hugely common mistake people make in terms of paying off bankruptcy attorney fees is to pay them off on a credit card that they then have wiped out during the course of their chapter 7 bankruptcy proceedings. While this might seem on the surface like a perfectly feasible idea and a good one too, let me explain why paying your bankruptcy attorney fees in this way is bad news. Continue reading ‘Common Mistakes People Make With Bankruptcy Attorney Fees and How to Avoid Them’ »

Bankruptcy is a big step that should never be undertaken lightly. Perhaps you have recently been through bankruptcy or are considering filing for bankruptcy. The type of bankruptcy protection that you filed for or will file for will make a big difference in the speed with which you will be able to rebuild your credit file and qualify for loans, such as those needed to purchase a car, truck, or SUV.

Chapter 7 Or Chapter 13? It Matters When Considering A Bankruptcy Car Loan Continue reading ‘Bankruptcy Car Loans- What You Need to Know’ »