 |
Harnesslist.com |
|
|
Now is a great time to make it a habit to manage your resources instead of your resources managing you. What is meant by that when we are stating that "Your money manages you" Here is a well known example:
"There is more month than there is money so that new purchase, trip, or splurging will need to wait a month or two and maybe never. You've opted to instead delay and pay later making the problem much worst and your perceived lack of resources in control." Here are some proven techniques to making financial gains an achievable goal by repositioning and changing spending habits while gaining more control of your situation so that there are available resources and time to spend with friends, family or loved ones.
One of the most overstated, undervalued and available resource accessible to anyone is time. Effective time management when applied consistently is a key element toward making financial progress. Even spare time moments resourcefully used contribute toward steady progress when used in combination with any of the following:
1. Establish investments. Based on your risk assessment it is determined the best type of investment program suitable for your personality type and financial situation by either doing the research for yourself, by attending that appointment with a financial planner or by inquiring through a brokerage. Purchase examples, of course, are stocks, mutual funds, bonds, money market funds, annuities, etc. Because these figures will fluctuate, fit into your schedule a time to assess your portfolio periodically to check your progress. Your return on your investment can be substantial or relatively consistent with proper selection and combinations.
2. Purchase real estate. Buying property is another way to invest to create financial gain; and making improvements after the purchase increases the value of the property. Not only are you saving money by placing regular payments into your real estate; but if strategically paid ownership accumulation can happen at a faster rate and with very minimal increase to your payment. One such company offering this type of arrangement with no processing cost added is at http://www.eMortgageManager.net. With this service the mortgage payment is split into two parts. Each half is paid automatically every two weeks. It's very effective and easy to set up. This is a triple win for those who use this strategy with a single purchase.
3. Take classes, take up a hobby or acquire a skill. How do you spend most of your time Do you waste valuable hours lamenting in self-pity, bad luck or a disadvantaged set of circumstances Or will you take active control to resolve the situation
If there is an interest there is a class for it. And now that there's the internet taking a class is just as easy as leisurely clicking a link. There are many available classes that are free, or via email and some that may cost a bill or two to enter a site. Or if you'd prefer, take a class at local colleges or universities which offer that immediate one on one support available through that type of arrangement. Your local library or museum may schedule classes or speakers covering a variety of subjects, too. Some locations even award certificates after completion if that is your requirement.
Increasing your knowledge or skills over the long term not only provides confidence and mastery of skills developed by use of what is called putting in your "sweat equity" by taking the necessary courses and steps, but it will also provide flexibility by creating for you a new source of income using your newly developed talent(s) or expertise.
You may offer for a fee a service, provide a product (or product line), to sell your knowledge or in any of the combinations listed through your choice of method at a profit giving you unlimited possibilities. When used separately or together the above suggestions work effectively over time giving to you the increase that you've longed desired. Use your spare time moments to work for you effortlessly and automatically...even with family, friends or loved ones.
B. F. Boggan is a distributor of the on-line resource The Mortgage Manager Hi-Tech Mortgage Payment Service. USA Homeowners! Save thousands of dollars without refinancing or changes to your current mortgage using biweekly mortgage payments, free! Visit http://www.eMortgageManager.net. For the latest free reprint articles by B.F. Boggan click this link
RELATED ARTICLES
Why do Some People Rake in the Dough while Others Spin Their Wheels to No Avail
Here's the truth: I have read hundreds and hundreds of books about personal finances, from the conventional world of financial planning, to the trendy how-to-get-rich programs to the New Age gurus of money.
It Adds Up
Loose change that is, if you want a easy way to start saving a little extra money these 5 tips show you how to do just that.
How to Grow Your Very Own Money Tree
Okay. So money doesn't really grow on trees. Unless you plant your own Mighty Money Tree, that is!
Clearing Blockages to Increase the Flow of Money into Your Life
Money is probably the most challenging thing for many people to manifest. It can also be easiest. Just look at those who have millions or billions of dollars. It doesn't matter what the economy is doing, there will still be a great many people with an abundance of money. What are they doing differently Are they just "lucky"
How Should I Create Passive Income
If you're wondering where to create passive income, then you are likely not alone. There are hundreds of different ways, however, so you're sure to find something that will work for you. The one thing to remember about creating passive income, however, is that being creative is a huge benefit - and that you should try to create passive income in several different ways.
The Top 10 Steps to Becoming a Millionaire
There is perhaps no more important decision than to take charge of your own financial future. We live in a world of opportunity, and yet most Americans are buried in credit card and other debt. We are surrounded by people who are getting rich, but most of us are running in place. If you can read this, you are literate, have a computer, you are part of the "wired generation". You can become as financially independent as you wish to be. Here are the Top 10 keys to your financial success:
The 11 Best Money Saving Ideas of All Time - Part 1
At any time in history, no matter what the current state of the economy, no matter what the current trends, no matter what the unemployment rate is or where interest rates lurk, some money-saving ideas stay true.
Youre Eating Your Retirement Money
Ever think about how eating all those fast food meals for lunch are effecting your pocketbook. Let's do the math. You eat out 5 days a week at an average cost of $5 to $7 a day.
Financial Freedom for Every Employee
You may think you have to be an entrepreneur to achieve your goal of financial freedom, but that is not necessarily true. While it is true that owning your own business is an excellent way to generate passive income, financial freedom is not entirely dependent on business ownership.
5 Simple Steps for Serious Saving and Financial Growth
1) Pay off your loan, credit and store card debt and resist the temptation to keep on spending money you don't yet have.
Who Else Wants To Know Oprahs Secrets To Wealth & Success
Before I had a lot of money, I was really quite happy," said Oprah Winfrey. "And I will tell you this--you may not believe it--I never would have gotten the money if I wasn't happy to begin with. I never would have gotten it."
7 Golden Rules to Financial Prosperity
Not Enough Money
Wealth Creation and Mortgage Planning - Two Great Tastes that Taste Great Together
What if I were to tell you that almost everything you have been told about what to do with your home has been absolutely wrong and that one of the worst ways to build wealth is through your home And what if I further went on to show you that anyone who perpetuates this myth probably is not your best source for accurate financial information
Offshore Strategies & Services
Offshore strategies may or may not be right for you. Moreover, there is a right way and a wrong way (legal and illegal) to execute offshore strategies. If you choose the wrong way you may wind up worse off than if you had done nothing at all.
Saving Money - 35 Pieces of Advice to Save
There are only 2 ways to grow your wealth - Increase your income (by earning more and saving more) or decrease your costs.
The Underlying Belief System
Many of us do not consider the underlying belief system about money to be of any importance. You think it does not matter, because what matters is what you do now. Right, at one level, but not complete. All ideas that we have learned about money in the past are colouring our actions today.
Who Wants To be A Millionaire
How many people search Google, Yahoo and MSN each day for the terms - make fast money online, get rich quick, or make money online Or how about Who wants to be a millionaire
Self Improvement and Financial Security for the Future
Any successful person, or any anyone interested in self improvement and making a better life for themselves must be prepared to take responsibility for every aspect of their lives and their future.
How To Get Investors And Bankers To Part With Their Money For Your Business
Time and time again entrepreneurs are losing out on getting the capital they need because of making basic mistakes in their pitch. It's great to have a magic product and tons of enthusiasm, but it's not enough. Follow these five rules and see your success rate climb.
The Predicament of the Newly Rich
They are the object of thinly disguised envy. They are the raw materials of vulgar jokes and the targets of popular aggression. They are the Newly Rich. Perhaps they should be dealt with more appropriately within the academic discipline of psychology, but then economics in a branch of psychology. To many, they represent a psychopathology or a sociopathology.