At the current time Europe is facing a financial crisis that will require more euro’s (currency) to prop up their economy. The fall of the euro could lead to a domino effect felt across the world. Fuel prices have dropped, and I’m sure there are some people who may feel as if things are getting better for the U.S economy. Things are getting better for those who are already doing well financially, but not for the large...

    I want to give a quick disclaimer: (I don’t give financial advice, I simply give my opinion based on facts. Please consult with your financial advisor or do your own due diligence before investing in anything.) It all started with a dream, everyone has dreams, and my dream was to find a job that would provide my family and I with enough income to support ourselves. I did everything I could to make other people happy, and...

The growing wealth gap and poverty for the general public is becoming more obvious everyday. The poor worry about emergency situations that could take place, and proper health coverage. The middle class worry about having enough money for retirement, and if they will be able to save up enough money for their child to go to college. Here are some interesting things to note about the growing wealth gap:   From 1992 to 2007 the top 400...

  In 1971 the Nixon Shock took place, Richard Nixon took the dollar off the gold standard, which allowed the government to create as much debt as it wanted. And no longer did did there have to be gold in reserve to back up the dollar. Gold created the economic balance for financial stability & the integrity of the financial system in which we live in today. When the relationship between gold and the dollar was broken, the party was...

  There is a big difference between opinion and reality, recently I was watching a tv program about a man who had 5 kids and was looking for a job. He was labeled as a man who did not want to get a job, even though he mentioned he applied for jobs and he was looking for work. Basically he was put on the spot light, and one of his relatives got on television and was critizicing him, and said that “self imployment income is not...

  Everyone knows someone who says the same thing over, and over again, when faced with financial problems and issues. You might say, “I need extra money” and they will say “Get a ___”, or let’s say that something is broken in the house, they will say, “I can’t afford to get another one”. They might get a new bill in the mail and say “I’m tired of these bills, why they so...

  Instead of young people dividing themselves and comparing themselves to those who cannot afford to go to Harvard, Princeton, or Yale university. We could an equal playing ground when it comes to the world of education. On top of this, our young people would not hesitate to get married because of the debts that they have because of student loans. When you get married, your partner now has your debt, which can make them think twice...

  If education was free, more people would be wealthier and much healthier. When a person is given a loan by someone else, the become an employee for the person that they owe. Not only does student loan debt effect whether or not you have the extra money to pay back your student loan, but it also effects your ability to be able to get a job and invest, start a business, buy stocks, or operate a small farm. 65% of companies look at your...

  Speaking from experience, when you go into debt through a student loan, or any other debts, your health is without a doubt affected. Whether that be physical health or mental health, you will go through some type of trauma that could lead to several things. Depression Depression is one of the worst conditions you could have. You might feel suicidal, you could start withdrawing yourself from family and friends, your attitude can...

  1 of every 4 children struggle with poverty & hunger in America today, and about half of all children using some form of government assistance. At the present time there are 46 million Americans on food stamps and counting, with many people who live in their cars in order to have a roof over their head. There are people who live in the forests of Florida who are homeless in a small tent city community. In the Sacramento...

  Student loan debt has reached $1 trillion dollars, to get an idea of how much currency that is, if you took spent $1 every 60 seconds it would take you over 31,000 years to spend $1 trillion dollars. The debt burden that my fellow graduates, and young people in the world today, has become too much to bear at times. Student loan debt has surpassed car loan debt, credit card debt, and many believe that student loan debt will be the...

    Growing up life wasn’t easy at times, it always felt as if there never wasn’t enough income to cover expenses. Since I’ve gone through financial struggles, I can give you my honest opinion on why young people struggle with money. #1 Lack Of Financial Education Growing up in the education system, our children are not given a chance to learn about the world of money in this type of system. Students never learn...

  If any of you have gone through college and got a job out of college, I’m sure you would agree that 90% of or what you learn in college is not needed on your job. Of course there are different majors that you can study that require a different skill set, but in general, you don’t need most of the classes that you have to take in college, to perform your job. This is why I believe that most jobs should train you on the...

The other day I was listening to one of the big talking heads on daytime television, and he once said to an unemployed individual that if your don’t have a job, that your job should be getting a job. The general public, is conditioned by society to go to school and get a job, when jobs are disappearing left and right. Today, if you have a good job, you better be thanking your lucky stars. For millions of families, everyday is a...

  You can learn a lot from other people who have made mistakes. Whether it is basketball, music, business, or pretty much anything, mistakes have nuggets of gold if you pay attention to them. Let’s look at Blockbuster for a minute, Blockbuster was one of the largest movie rental businesses in the early to late 90′s. Fast forward to today and Blockbuster has become almost obsolete due to companies like Netflix, and streaming...

It’s exciting to think that one day you “might get rich” winning the lotto. The thought of dollars falling from the sky, sticking it to your boss, making someone jealous, providing an above average lifestyle for your family, there are a lot of reasons why people play the lottery. Maybe you want a new house, get out of bad debt, it’s great if you win, but the chances of winning are 1 in 175 million, good luck! 1...

    Just recently there was a major jackpot for the lottery which included 640,000,000.00 dollars, now that’s a lot of chicken . Anyways, I noticed that there was a Large amount of people that showed up to get a lottery ticket, in hopes of “getting out of debt” “buying an island” “going to an island” and other things. Getting out of bad debt is always a good idea, and I’m sure the...

  Just because you might struggle with debt, or you are having a hard time keeping up with bills and you are falling behind, don’t feel bad about who you are. I’m here to tell you, I’ve made mistakes in the past, and I spent more money than what I had, but it taught me a very valuable lesson in life, you can’t make yourself feel as if your this awful person because you made a mistake. As long as your working to...

Have you ever heard of a professional athlete getting a 4 year 100 million dollar contract, and being broke within a few years? I’m not going to call out any names, you know who you are. Anyways, the reason why this happens has a lot to do with financial education and literacy. These young men and women get paid a lot of money and they don’t know what to do with themselves, some might even loose their mind and gamble all of...

Have you gone through a situation in which you were not happy? Who hasn’t? What makes the difference is if you used that situation to your advantage instead of looking at it in a negative light. I’m a firm believer that you can do anything that you put your mind to, and I’m a firm believer that if you put in the time and effort, you can take a very bad situation and turn it into gold. Scenario #1 You Graduate From College...

  One of the most important things that you can do is to re-invest your profits so your business can grow over time. For every dollar that comes back, you put back in and it expands, think, monopoly. In order to win at monopoly not only did you have to bankrupt the other players in the game by having 4 green houses then 1 hotel before them. In a way this is how the mega rich operate, they are partial owners of some of the largest for...

one of the worst things in the world is getting scammed, and identity thieves have scams that can ruin your life as you once knew it. The other day i was watching a special where a scammer would pick on vulnerable people who needed a job, they applied for the job, did the work and were told to deposited $300 into their banking account and send the rest to another country, the check would bounce and the innocent job seeker would have to pay...

  When you set out to accomplish something you have to have a burning desire at the core of setting a goal. Many people say yes, I want to be rich because I want to make a lot of money, but what is the purpose? What is your dream? If you can know the core of why you want something, chances are you will get it if you want it bad enough & you understand your why. I remember reading about the brooklyn bridge being built, and one...

If someone tels you that it is easy to build a business, or that they can make you get rich in a matter of hours, they are either lying to you, or they want your money. From everything that I’ve seen with an Internet based business, you have to put a lot of time and effort into building almost anything. The game of investing and business has a lot more to it than investing in_____________ or starting...

  It’s not easy being broke, you might see something on television that makes you feel like less of person. Everywhere you turn there is some giant company trying to tell you what you need to buy, how you are supposed to think, what is cool and what is not cool, what your supposed to have and ect… It never stops, it makes you feel bad, and if you know what I’m talking about, then you already know what I mean. Too...

  Everywhere you go you hear some financial analyst on tv talk about getting out of debt. Yes, you do want to get out of bad debt, but you also wan’t good debt that other people pay for you. For example taking out debt to start a small business that puts income in your pocket after expenses is good debt. This is one of the secrets of the mega rich. Because they have a history of paying debts, and a good history, they can qualify...

    In the journey for financial freedom, there is a level of sacrifice that is needed in order to reach your goals. It’s not easy, you will face unexpected expenses, family opposition, debts that you thought were taken care of could creep up on. The other day I was doing some research and I found that you can be charged as much as a whopping $0.25 per day, on an account that is closed and gone to collections, this is...

Every aspiring entrepreneur feels it, they go over to a friends house, they go over to family members house, and someone you begin talking to doesn’t like the sound of you starting a new business. There are many people today who want jobs, want benefits, government handouts, bail outs, pensions(which are drying up fast), and they want health care. There is nothing wrong with wanting these things, however people in general have to...

  I remember listening to interview with Donald Trump and Robert T. Kiyosaki, and Donald Trump mentioned that “not everybody can be rich” and that “it takes a special kind of person”. I don’t mention this to throw a thorn in the young entreprenuers side, I just mention this because there comes a time where you think about just getting a job and being “normal”. Like I mentioned on a previous...

Raj rajaratnam creates a valuable lesson for business owners and investors. He was responsible for one of the biggest inside trading schemes ever seen, and the awkward part about the entire story of Roger rajaratnam is that he could have done legitimate business and still made a very, very good living. Starting out with nothing, he rose to the top at wall street and came from nothing. The Lesson The lesson that Raj can teach anyone is...