EL

Quotes on Achieving More

What’s going on in your world my friends? I want all of you to succeed and to help you a little; I will give you a few quotes on achieving more. I know motivation can be a blessing, if you take the information and immediately act on it. I don’t want you to get this great information and forget about it. Read it and begin a task right after, as to get some traction on overdue goals you want to complete. The success level we attain is what defines us now and in the future. I cannot imagine a life where I stop excelling for greatness, and it is this mindset that can help us move forward. Now think for a moment when you had a very productive day, what sparked you to get so much done? Thinking back can help you have many more productive days like that. When I have productive days, I feel like I achieved a lot and that just makes my mood better and the day turns out great.

Continue reading Quotes on Achieving More

The Door to Opportunities

I work in an office building that has a medical office by the front entrance. I have noticed on many occasions that the first time customers of this medical office for some reason walk right by the nice light wood colored door with a stand right in front of it stating MRI lab. Why do these people miss the door completely and continue towards the back of the building, as if they are expecting another entrance. Do the doctors have to place neon lights for these folks so that they can recognize the door? I don’t know, but I will say this, many people miss opportunities every day because they fail to see the door.

Continue reading The Door to Opportunities

Frugal Tips to Save you Money

Frugal Ways to Save Money — Frugality is Key to Help you Save

Hello Friends it is that time again where I provide you with some frugal tips to save you money now on this Friday edition. I know what you are thinking its payday, why do I have to be frugal? I want to burn a whole in my wallet to waste cash. Well I look at things a little differently as pay-day is the perfect time to be frugal and save more.

When you can double up on good opportunities, you will begin to see great results. Just last weekend I tracked my expenses and guess how much I spent, under $20 bucks for the whole weekend. Now I didn’t plan on this amount being so low, it just sort of happened. When was the last time you were surprised like that with tracking expenses and noticed a smaller amount in a specific time frame than expected?

Continue reading Frugal Tips to Save you Money

Top 7 Reasons Why you Should Turn Down

I hear this phrase lately on the daily, “Turn Down for What”. By people who claim they are having a blast living life in a constant state of euphoric bliss aka a 24 hour party. Before the phrase, “turn down for what”, popped up all over the media, the opposite phrase (Turn Up) that means the same thing, and it was also mentioned by everyone who likes to party hard. I will give you and explain the Top 7 Reasons Why you Should Turn Down.

One thing that makes me laugh is that the people who made the phrase, “turn down for what” famous are the stars in TV / Radio personalities / Club DJ’s. They are brainwashing you to get you to promote this phrase for their benefit. Their motives for yelling this phrase and the last 5 phrases including YOLO, is to get the regular Joe to spend more money. This supposedly leads to a happier life for average Joe. I get it you want to live life to the fullest without any regrets, but believe me you will pay in the end if you keep yelling, “Turn Down for what”, while opening your wallet to live above your means. Going clubbing every weekend might seem like a great time, but believe me that is not the right place to meet the future husband or bride to be. Night clubs have the reputation as the place where singles go to meet other singles, but the basic flaw is that the likelihood for anybody finding a soul mate in night clubs is very low.

Continue reading Top 7 Reasons Why you Should Turn Down

How to Control the Uncontrollable?

Prepare Now for the Uncontrollable Events

When I say this phrase I want you to really grasp that it is an oxymoron, because uncontrollable things are out of our hands. But you must see that the way you prepare yourself in many aspects of life will help you eventually when the uncontrollable events take place. By being just a little bit more organized you can overcome those unfortunate aspects of life. What are some of the uncontrollable events I talk about?

Uncontrollable Things:

Medical Emergencies

Death

Time

Other People

Natural Disasters

Governmental Policies

Inflation

Politics

Continue reading How to Control the Uncontrollable?

Time to Flex the Frugality Muscle

What is my purpose for this website? To get you to enhance your money saving strategies by giving you savings tips, behavioral advice, facts about investing, and how to take advantage of the time right now to begin to save. I recently read an article in Bloomberg BusinessWeek magazine, which stated how the people in China on average are very frugal. Oh this topic has been brought up before and records show that over the past few decades Asian people tend to save more than people here in the U.S. What I wanted to show you today is about how this information about frugality delves deeper than what is on the surface about frugality. The title of the piece is called “The trouble with Chinese Frugality”, and I have a real concern as to why it is stated as a negative instead of a positive for Chinese people. Then it struck me as I began reading, that this article is based on spurring the economy by consumers spending more and that is why the title is referenced in that matter. They want China to be like the United States where 70% of the GDP is fueled by consumer spending. Consumer spending in China contributes only about 30-40% of GDP, so why is the reporter trying to convince us that our economy is better than there economy. I do not know which system is best, but signs are clear that expecting your citizens to spend in order to fuel revenue for the country might not be good.

Continue reading Time to Flex the Frugality Muscle

The Basics of Financial Management- School Debt

School Debt is the topic in everybody’s mind currently, including the media overhype about student loan debt being the next trillion dollar bubble to pop. I will give you my two cents on this topic and it should help you decipher how to avoid being a victim to the student debt crisis. I think everybody that has dreams of getting a degree should do it with the expectation that taking out loans is not smart money management.

Why do I say this with a straight face and serious demeanor? Because recent college graduates cannot get a sufficient paying job straight out of college to cover loans and all the expenses of life. If you are lucky to land something immediately after your educational stint, then it will serve you best to not have the burden of student loans because in the early years of employment your wages will be lower than somebody with a few years of work experience. See below for the basics about how to avoid educational debt:

Continue reading The Basics of Financial Management- School Debt

Real Estate can be compared to Dividends

Buy Low to Sell High is the name of the game

How can I say that real estate is closely related to dividends? The two might be at both ends of the investment spectrum for most people, but if you break them down to appreciation and cash flow they are somewhat similar. The real estate market is and will always be the investment where most people can possibly reach financial independence and Wealth. It is by far the oldest form of investing known to man. It can add an additional 20K in annual income if a property is bought at the right price and if managed correctly. On the other side it can drain you by the thousands with home maintenance and tax costs. What is the secret to gaining success in real estate, buy low and sell high, while renting it out for years to recoup any initial investment outlay is a preferred method. I guess you have to buy smart and find a reliable contractor who can tell you the ins and outs of the home.

Continue reading Real Estate can be compared to Dividends