Tweet

How To Improve Personal Finances…

Written by: David Beairsto

Article Overview: Learning how to improve personal finances without sacrificing more of your valuable time requires discernment. The very concept of overtime should prove to anyone that their time is far more valuable than the normal hourly wage or salary they receive. If not, then why would an employer suddenly want to pay you more when you’re obviously beyond the most productive hours in your work day?

How To Improve Personal Finances…

...Without Sacrificing More Valuable Time Most people want to improve personal finances but the ‘How To' portion of the equation usually involves losing more time away from family, home, hobbies or other passionate pursuits.

Families have been wrestling with the need for both parents to join the workforce for over 4 decades. Today we find extended families living together, most of whom work, yet rarely see one another.

Inflation Never Helps

The number one problem we face is the impending hyper-inflation that threatens all of the global currencies. Wages just aren't keeping up with costs and savings continue to dissolve into the funds that pay our way in the world.

A consumer economy that depends upon moving goods also depends upon keeping the cost of those goods low. When the costs rise too quickly those goods usually end up being repackaged in smaller quantities; we still get less value for our money.

The Quick Fix

Most immediate attempts to improve personal finances come at an even greater cost which means investors either become savvy or lose their hard earned money quickly.

The fix once again isn't just about obtaining more funds, but about improving your lifestyle at the same time. Having 2 or 3 jobs isn't a lifestyle improvement.

Wealth Creation

Two things must take place for wealth creation to have a chance:

1. You must be educated in all aspects of wealth management and creation

2. You need continuous information from a source more trustworthy and reliable than Wall Street or Government Institutions

Reliance upon Wall Street and Governments has proved disastrous for hard working people and investors.

Trustworthy and reliable sources for serious financial investments are becoming the most valuable assets people can find. Planning for retirement or creating trust funds or any other wealth legacy requires accurate unbiased information.

The Solution

The greatest transfer of wealth in human history has already begun and the beneficiaries are ordinary working class people who've been forced into discovery because of their circumstances.

They've attached themselves to plans and systems based on solid financial principles. They've also attached themselves to one another.

The ‘Need for Greed' doesn't exist in this grassroots movement where ideas and methods are being freely shared as opposed to being vaulted in top secret societies.

Some of the practices being put in place include:

• Debt elimination

• Investment strategies

• Asset protection

• Alternative income opportunities

• Increased cash flow

While these sound like good ideas their application isn't always easy unless you have the education that teaches you how to apply these methods in your situation.

Working Less and Making More

That's the ideal situation because life is far too short for anyone to spend working 16 hours per day. In fact working constantly not only destroys a lifestyle but makes it almost impossible to research alternative income opportunities because of exhaustion.

The lifestyle of your dreams depends upon knowing exactly how you can improve your personal finances without sacrificing more or your precious time.

Every step made toward this end result is an improvement. The important thing is to realize you need to take the necessary first step and to know exactly where that step will lead you.

Related Articles
  Personal vs. Business Finances
  What Simple Easy To Do Daily Activity Can You Do To Improve Your Life
  Growing Your Business: Why Separating Business and Personal Finances is Good
  How To Organise Your Financial Future
  Five Ways to Have Fun with Finances this Fall

Article Tags: alternative income opportunities, asset protection, debt elimination, improve personal finances, increased cash flow, investment strategies, personal finances, valuable time
Referred by: http://jaykubassek.com



Related Forum Posts
Help in a Struggling Economy - If anyone on the forum has a question they would like me to ask Mark Tewart on my show Monday Dec 22 - just let me know. I hope to ask him about all kinds of advice that he can share with people who want to improve their sales skills and their life and personal skills. There are many ways to improve our position in business - whether we are the boss or workers -- imagine if you learned to make yourself more valuable to your employer and/or your clients???? Mark can share great information to help you improve your skills and make yourself more valuable. Shri
interested but... - Nana- That was an interesting article, however, it's been my experience as a financial advisor who works SBA franchise loans of 100K - 3 million (daily) that when anyone finances a business via personal resources rather than a business loan, they cannot obtain a working capital loan later on. Should they need it to keep going, they may find themself in trouble. It's better to build a track recrod with a lender right from the start (for future use). It's always better to be in business debt rather than personal debt Lenders tend to take on the attitude that you didnt need them before, so why should they help you now! They simply won't take on the risk. I dont recommend anyone financing themself.
Re: How to Get Your Business Funded - [quote="David Castro":27uui5rn] Not always, unsecured business loans (cash advances) are a great option for small business owners. no personal guarantees needed.[/quote:27uui5rn] I know it's difficult to get finances but form my point of view, loans are too risky. I know it's an easy and fast way to get money, but you must think many times before taking any decision.
Happy Worker as of Dec 31 2007 - Here's mine... I'm now off to make an offering to the business planning gods for their help in getting to these goals & beyond. To the combined success of Prophets 2 Profits! ----------------------------------------- 1) Corporate a) Retail - Sales reps covering all major markets (1M or more) - Retail product launch plan - 1 more retail release (TBD) b) The Toy Agency - Systems for: o Creative process o Pricing o Manufacturing o Logistics - Marketing agency strategy in place - 1 new customer every 2nd month (5 new customers); 1 of which will be rev of >= 500K/year c) Business - Creative talent pool management strategy & process - Outsourced and/or weekly bookkeeping - Monthly budgeting & forecasting - Better banking organization (Line of Credit, CCs, automate billing for appropriate vendors) - Team total of 5 - Larger office d) Web site - Daily updates - Start of separation of Blog/TTA/Retail 2) Personal - Most weekends “off”! - Entirely separate personal finances; basic personal financing plan - Family….?
The Flaw In Personal Branding...? - To what extent do you use personal branding to build your business and your business image? To build an effective personal brand, the image you convey needs to be authentic, not phoney ... so to what extent do you, or would you, allow your personal flaws to be part of your personal brand image?? We could be talking about the physical side, including physical condition and fashion, or it could be in the area of personal behaviour and characteristics or habits, or it could be in the area of lifestyle... Don't you think it might be better to have a flaw or two on display, to appear more human, and perhaps therefore more like someone people could do business with? Or is there a flaw in the whole idea of personal branding. Shouldn't we just concentrate on branding our products??


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

How Promotional Caps became a Fashion Trend

How To Calculate A Minimum Fee For Your Services

Earn More Money - Easy Home Business Ideas

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.