Financial talk

Is it possible for an average person to achieve financial freedom even in the credit crisis? We are all entering really tough times in the economy and it looks like the writing is on the wall that this could be the next recession. This is not local to any one country, this is happening on a global scale and with today’s technologies it’s happening in record time.

Yes! Yes - it is possible for the average person to achieve financial freedom even in the credit crisis. It will not be easy and it will take 100% commitment and dedication but that’s no different from before and the exact same applies even in strong economic growth. People are by nature reluctant to move out of their comfort zone and most people get too comfortable in their jobs to look for other methods of creating income when times are good. It is in times like these when suddenly that job is not so secure and not so comfortable that we are forced to look for alternative ways just to survive.

To achieve financial freedom in these times you need to realise a few truths about what you have more than likely been taught about making money. No doubt you have been taught that you need to study hard and get a good job to secure your financial future? Wrong. There is little if not zero job security when you are working for an organisation. When the markets turn like they have recently companies need to apply drastic measures to reduce costs and this inevitably this means cutting jobs. Hundreds of thousands of people have been made redundant in an effort to save the price of the company’s share. Working a job does not guarantee your future income!

It is possible to achieve financial freedom by starting your own home based business and I believe Network Marketing is the best vehicle for this. Network Marketing is also known as ‘referral marketing’ or ‘relationship marketing’ because that’s exactly what it is. Have you ever recommended a good movie or book or restaurant to a family member or friend? Were you paid for that recommendation? Network Marketing is like referring a friend to a movie except you get paid a commission for doing so.

Network Marketing is by far the fairest business model I have ever encountered as it provides everyone the opportunity to take advantage of true leverage regardless of colour, gender, qualifications or age. True leverage can only exist if everyone has the same amount to gain, but I can hear you saying that only the people at the top can earn all the money! This is a myth and not true; in all the compensation plans that I have seen it is not the person at the top that makes all the money, it is the most productive people that make the money. It is possible to join a network marketing organisation that has been running for five, ten, even fifteen years and become the highest paid in the organisation. Equally you can be the second or third person to join an opportunity and still not earn a cent. What you earn in this industry has very little to do with when you join, it is all about how much effort you put in to building your own business.

Along with the economic crisis there is massive opportunity. Millions of people around the world are in the same position; they’re looking for an alternative method to create income to secure their financial future. This means there are literally millions of people around the world looking for your opportunity and there has never been a better time to build a network marketing business.

From $69,653 in Debt to Owning a Private Jet in less than 10 years, Michael Pound is a Home Business Owner and Property Investor who continues to inspire thousands of people on his journey to Financial Freedom. Click Here to Learn More…

www.Progress-to-Financial-Freedom.com

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I'm in a loving, caring long term relationship and have been for 5 years now. But i have slowly over the last 2 years or so started falling for a family friend who i've known forever and who has told me that he loves me. I'm really confused because i think my feelings for the friend may be genuine but and that i'll forever wonder about what could have been if i do nothing. however i do love the guy i'm with and we have a good life together. I worry that i'm to comfortable in my current relationship and i'm worried that in 10 years we'll be in the same place and if we broke up then i would be kicking myself for wasting that time. I am always worried that i wont leave my guy cause i'm scared of what life would be like. i'm only 21 and this is my first and only long term relationship and i think i wanna grow maybe even without moving on with this other guy. I really need help i would never cheat but i keep flirting with this friend because i know he likes me and he pays me attention. But i also know even though the other guy has loved me forever he doesn't have a stable life and there are a lot of bad qualities about him but he has turned his life around for me before so he could do it again. this guy has 2 children, smokes dope ( but he said he would give it up for me without a problem and he has before), he's a dope seller so although it's a lot of money it's not stable or what i'm looking for as i'm about to finish my financial planning degree at uni. My head is spinning and i really just want advice on what i should do. What i should be looking at closer and other people's experiences with this sort of thing.

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I have two questions actually regarding my taxes and my parent's taxes. I received my 1098-T not too long ago, and noted on there is that the scholarships or grants section (Box 5) exceeds the amounts billed for qualified tuition and related expenses (Box 2) by $3000, making it taxable. How much would that mean I have to pay in taxes for it, and does my parent file that (Since I am their dependent) or do I (Since I also do my own taxes)? Secondly, when filing FAFSA, where it asks about scholarships and grants received, do I use my 1098-T to write in the numbers? My school is very expensive, so I'm worried if I put the numbers from the 1098-T it's going to make it seem like I no longer need financial aid since I received a large refund (Which was used for my books and supplies and whatever was left was used to help out my family at home, which I know makes it taxable, I'm not trying to run away from that)? Thank you. Thank you very much Benny for your response, it greatly put me at ease. But about what you said about my own money, what if the surplus $3,000 that I received has already been wasted?

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The name Discover is often associated with the top credit card issuers in the United States. Since the Discover card was first introduced in 1985, customers have been drawn to its various reward programs. Following is a closer look at a few of Discover’s most popular credit card picks among consumers today.

Discover More Card

With the Discover More Card, the rewards start off with a 1% cash back bonus. You’ll earn this every time you use the card for ordinary purchases. By shopping at certain places, such as department stores, gas stations, and restaurants, you can qualify for 5% cash back. Using the card toward travel expenses can also bring in 5% cash back.

By using the card at ShopDiscover, which is Discover’s online shopping site, you can earn 20% cash back. To do this, you’ll want to buy from merchants such as Eddie Bauer, Lego, and Sears, among others.

This card also comes with a 0% interest rate for the first six months. A 0% APR also can be used toward balance transfers for the first year. There’s no annual fee with the card.

Before applying, it should be noted that the cash back rewards are offered on a scale. You’ll receive only 0.25% cash back on the first $1,500 that you spend on the card. Then from $1,500 to $3,000, you’ll earn 0.50% cash back, and when purchases exceed $3,000, you’ll earn the full 1% cash back.

Discover Open Road Card

The Discover Open Road Card caters to those with long commutes who want a break on gas prices. The card offers a full 5% cash back on all gas purchases. It also includes an initial 0% interest rate for the first six months. After that, the regular interest rate will kick in. This is a reasonable rate compared to other gas rewards credit cards.

In addition to the gas rewards, this card gives 5% cash back on car maintenance purchases. For those that shop at Discover’s exclusive online shopping site, they’ll receive up to 20% cash back through retailers such as the NFL.com Shop, Hotwire.com, Lego, and more.

Once the rewards begin to add up, you can start redeeming them. You’ll be able to begin once you have $20 in cash back bonuses. If you choose to receive your rebates through retailers that participate in the Discover program, you can earn up to double the amount of cash back.

Miles by Discover Card

The Miles by Discover Card is a travel rewards credit card. Through this card, you get the chance to book trips at any time, as there are no blackout dates. You can choose any travel destination you’d like.

You can start building up miles by making purchases. You’ll receive one mile for each dollar that you spend. The number of miles you build up is unlimited as long as the account remains active. And you’ll earn double miles on both travel and food. There’s no annual fee with this card.

Most of the cards issued by Discover include several perks that appeal to customers. To get the most out of your Discover card, look through the details carefully before you sign up. Then set up a system that enables you to get cash back, gas discounts, or travel benefits.

Click Here to Find Discover Credit Card Offers.

Stephanie Andrews is a contributing editor of the website http://www.CreditCardCity.com , a credit card directory where you can apply for a new credit card with secure online applications. Visit now to compare all of the best online credit card offers.

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Start shopping for a new credit card, and you’ll quickly find that the vast majority carry the name Visa or MasterCard on them. Trying to figure out which of these names implies a better deal can be confusing. If you’re struggling to sort out the differences between Visa and MasterCard, you’re not alone. Read on for an inside look at these credit companies and what they mean for you.

Similarities between Visa and MasterCard

Most financial experts are quick to point out that Visa and MasterCard operate in almost exactly the same way. Both are major international companies. Both create and maintain payment systems for credit cards and carefully track transactions.

It should be noted neither Visa nor MasterCard actually issue credit cards. They work with banks and financial institutions, which are the companies that issue credit cards to consumers. Citibank, Bank of America, and Chase are just a few of the many companies that take care of this part of the credit business.

Both MasterCard and Visa work with retailers and merchants around the world. These places accept credit cards and, like the banks and financial institutions, use the systems created by MasterCard and Visa. Tracking these transactions is no small task: billions of dollars go through the system every single day.

Differences between Visa and MasterCard

While Visa and MasterCard operate in a similar way, there are still differences between the two. They are separate companies, and thus each of them has their own set of unique features. Some customers have a personal preference toward either Visa or MasterCard.

As you look for a card, it is wise to look at all of the different features that it offers. While many are backed by either Visa or MasterCard, they also list a variety of additional benefits. Some cards specialize in low interest rates, while others offer valuable deals on balance transfers. Rewards programs, introductory offers, and grace periods are other items to consider. You’ll want to sort through all of these different characteristics as you search for your best option.

If you already have a Visa or MasterCard and are looking for another piece of plastic, you may choose to go with a card backed by the other company. While the risks are incredibly small, you’ll have another option to use in case something happens to one of the companies. Similarly, if one of these cards is not accepted at a store, you’ll most likely be able to use the other one.

By and large, there are few differences between Visa and MasterCard. Some of the biggest differences simply lie in personal preference. If you feel more comfortable with one, you may be inclined to stay with the company. If you want variety, consider getting a card from both of these credit card kings.

When you shop for a new credit card, you’ll want to see which company’s name is listed on it. Perhaps more important, however, will be looking for the other benefits included in the card. Find one that fits your financial lifestyle. It will most likely be your best option, regardless of whether it says Visa or MasterCard on it.

Click Here to Find Visa or MasterCard Offers. Stephanie Andrews is a contributing editor of the website http://www.CreditCardCity.com a credit card directory where you can apply for a new credit card with secure online applications. Visit now to compare all of the best online credit card offers.

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I am a young kid who really wants to contribute back to society, right now there is a protest going on because of a war in Sri-Lanka. Thus I want to build a school there. I am going to make a leadership club in my school and make this a side project. I want to build a school that is free, offers food from time to time, and has good teachers; High End School. Any answer is fine, but I prefer if you answer the financial cost of it; Variable and Fixed cost, what commitment I have to make, and how much money will it cost me each day, week, month, year, etc. Even the benefits and consequences, are fine too. Right now I have no experience of building a school so include every bit of knowledge that you can offer me. Please note that I already know that there are organizations that could do that which will make my life a lot easier but when you do it yourself you will feel a sense of accomplishment. Also I want to inspire many people because many people I know do not think it is possible to tackle this huge project. Thank you.

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If you recall, 1981 and 1982 were marked by a severe recession. Reagan had to clean up Carter's mess. He had to get the double digit inflation under control. Unemployment was flirting with double digits 1979-1981 and unfortunately in 1982, the year I graduated and entered the work force, it did hit 10%. Interest rates hit well into double digits too. I can remember locking in three $1,000 CD in 1982-83 all over 10%. The first was money I was saved from my McDonalds job while a senior in high school. After graduation, I expected to find something better, but that didn't happen for a year, so I stuck it out at the golden arches for nearly 2 years. I was still living in the cramped 2 bedroom my parents had rented since I was a baby. I saved as much as I could. After McDonalds, I got a job as a carpet cleaner in 1984. Within a year, I was out on my own, working full time and going to school part time, eventually getting an AAS in business management. I never took a nickel of financial aid. While it was a struggle, I never made one late payment or missed on on my student loan.The carpet cleaning company I worked for originally had 3 crews. By the time I graduated in 1990, we were in another recession. I got promoted to manager, by then my employer had 7 crews working out of two offices. In 1991, the owner of the company I had given 8 years to had a stroke and was looking to retire. I had money. I saved a little bit, good times and bad, since 1982. Good times and bad. As few as 2 crews. As many as 10. I'm doing OIK. I did this on my own. I think without help made me what I am today. Do you think hand out would have made me 1/2 the man I am today?

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I am either going to get a pantech duo or an att quickfire but i need a lot of help choosing. I can afford both but if i dont like one of them it will be a huge financial mistake. so which one HELP ME

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How much money can a stripper make in one night?? What are the requirements to be a stripper...?? LOL not that I want to be one...its just that my friend needs money to pay for college and if stripping can help her then I would say "go for it " I know what you could say "get a decent job and get financial aid...." BUt she can't do that cause she doesn't qualify for financial aid cause shes undocumented and such....and don't be mean about it. We just wanted to know how much a stripper makes in one night? LOL....Yeah she is JD but don't worry about that. We're just asking how much a stripper makes and the requirements okay??

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I know i may sound really shallow... but you see i'm a small guy, i'm only 5'0" and people dont find me attractive. some girls find me cute, i dunno if they mean face wise or maybe about my whole stature which is small. now i just would like to give myself some pride and trophy, so i'm going for really 'hot/gorgeous' women... i always gets rejected 100% of the time. i know physically i may not be of a good match to them, but i know too that my financial stability and personality and kindness of heart equals their looks. out of dozens of pretty women i 'targetted' only 1 agreed to go out with me on a date (i never force them though, i just ask em ones or twice then move on if they still say now). but it never did go to a 2nd date. so far, everything just end up in frustration... i wanted beautiful women coz i believe this is a good reward for me for all the hardships i ever had. i want to have a kid that is sooo attractive just incase that kid will inherit my height... atleast i can give him/her something would make him/her be more accepted by the society. honestly... do you think i'm trying to dream an impossible dream? i would rate myself 5 out of 10 or 6 out of 10 in looks... i dunno... please tell me. i know i'm shallow, please dont hate me... im just doing this to live a happy life and i could give my future kids good looks at the least. thank you... am i dreaming an impossible dream?

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I am attending Miami dade right now , so i can get the most credits and owe less once i get to be in UM , but I tried to get financial aid this semester and they didnt give me anything , so i am paying my classes right now , i am not rich and honestly i dont earn that much money as they think , To receive financial aid you have to earn a max of 13 000 a year , which is absurd in one expensive city like Miami . Please someone can help me and figure it out how i can get some help to keep going ?

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I have been getting A's and B's throughout high school but I just dont wanna go to college. I just dont. And like alot of the senior are filling out applications and applying for financial aid and scholarships and I have done none of that. I know I LOVE kids, especially little ones, and I want a job that involves kids but I dont wanna go to college. Right now, I rather work at a minimum wage job.

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I want to go but will need money because German law states, international students can only work part time. I am from America, Live in America, My Family is consider middle class but struggles at times, would I get financial aid or could I take out student loans in America to go to Germany? Help?

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HELP US TO FIND THE PEOPLE WHO MADE THE HUGE FRAUD IN FLORIDA Home Financial Center Solution INC Loan Modification Specialist 9550 NW 41th Miami, FL 33178 www.easyloanmods.org

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NEW YORK — Most Republican governors have broken with their GOP colleagues in Congress and are pushing for passage of President Barack Obama's economic aid plan that would send billions to states for education, public works and health care. Their state treasuries drained by the financial crisis, governors would welcome the money from Capitol Hill, where GOP lawmakers are more skeptical of Obama's spending priorities. The 2008 GOP vice presidential nominee, Alaska Gov. Sarah Palin, planned to meet in Washington this weekend with Senate Republican leader Mitch McConnell of Kentucky and other senators to press for her state's share of the package. Florida Gov. Charlie Crist worked the phones last week with members of his state's congressional delegation, including House Republicans. Vermont Gov. Jim Douglas, the Republican vice chairman of the National Governors Association, planned to be in Washington on Monday to urge the Senate to approve the plan. "As the executive of a state experiencing budget challenges, Gov. Douglas has a different perspective on the situation than congressional Republicans," said Douglas' deputy chief of staff, Dennise Casey. Not a single Republican voted with the majority last week when the House approved Obama's $819 billion combination of tax cuts and new spending. The president's goal is to create or preserve 3 million to 4 million jobs. http://www.huffingtonpost.com/2009/01/31/gop-governors-press-congr_n_162832.html

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The other evening after deleting browsing history and the like after completing some financial transactions online, when I launched IE in Vista with Yahoo! set as my default homepage again, I actually was directed to m.yahoo.com. At that time though, there was an option to switch back to Classic View. However, I SWEAR that I cannot find it this time around. Also, the whole page is just a mess, period. There are links on top of links; I can’t see the “Web” “Images” etc. headings above the Search box and I of course sent feedback to Yahoo! and in the meantime have set Google as my default homepage, however, if anyone knows how to switch back to Classic View, please do share, as it would be ever so appreciated. Thanks!

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With all the financial disaray in the State of Illinois- can I expect to get my tax refund this year? I work in the public school system and the comptroller is 90 days behind on our transportation reimbursement money. it is ALOT of money! What can we expect?

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im bulimic. i throw up in containers in my room. i know its disgusting. long story short my parents ransacked my room and found everything. they are irate. they knew i was bulimic but thought i was over it. (thats the reason why i throw up in containers these days...) so now theyre kicking me out. im 22, just moved back in dec for financial reasons and still have those problems, only now i have to find security deposit, rent$ etc. my main issue is how humiliating it is having them know what ive been doing...it's nearly dehumanizing. how can i have a shred of dignity after this?

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financial obligation he has are student loans. Does buying a house with all it entails (maintenance, insurance, possibly renting out part of it, taxes, tax-breaks) make sense for him? Or is he better off just taking the single deduction & not entangling with all these things plus the itemization (where the total has to be more than the standard deduction to make this effort worthwhile)? thank you he has considered buying a house for tax purposes, for the equity it will eventually build, & for having his own space (which has pluses & minuses). the properties he's considering would allow him to rent at least half out so he'd be living for free (no rent & tenants pay the mortgage/etc). what do you think?

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I don't see anything but mostly corporate bailouts with no strings attached. The same thing like Bush proposal of $700 billion bailout of mismanaged companies. He should fix the economy WITHOUT bailing out companies run by corrupt and greedy executives. Instead he is following Bush footsteps to bail out financial crooks

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