Tag Archives: financial crisis

Keep Hope Alive!

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“After reading your column last week on The Prosperity Club, I proceeded to say out aloud, ‘My highest good comes to me now and I am most grateful.’ Shortly after saying the affirmation, I got a call that I had two new clients. Positive affirmation really works and I am grateful for these words of hope!” – Reader

Since the start of 2009, we have been focusing on the importance of having a positive outlook despite the negative economic forecasts. Some may argue that positivity can’t change reality, and that the global financial crisis will present serious challenges no matter what we say or believe.

Making a determined effort to concentrate on what you want to achieve in your life, instead of dwelling on your fears, is more than an exercise of faith. When you worry constantly about your problems, you are creating a spirit of despair, which is a negative force that prevents you from seeing a way out of your trouble.

If you can think positively even if your world is crashing around you, then you will produce a hopeful spirit which will direct your brain to seek solutions.

Continue reading Keep Hope Alive! →

An Attitude of Gratitude

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“When I’m worried and I can’t sleep
I count my blessings instead of sheep
And I fall asleep counting my blessings
When my bankroll is getting small
I think of when I had none at all
And I fall asleep counting my blessings.”
– “Count your Blessings,” Bing Crosby

Over the last three months, we have covered many of your concerns – escalating energy costs, the international financial crisis, increasing mortgage rates and foreclosures, and fear of the financial future – and presented practical solutions to help you deal with these realities.

With the global economy apparently deteriorating before it gets any better, threats of recession and redundancy, and the shrinking net worth positions of the rich and not-so-rich alike, it might be easy to feel a sense of despair as the year draws to a close. For most people, 2008 will definitely not be remembered for bringing financial blessings. Continue reading An Attitude of Gratitude →

Financial challenges in a tough economy

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“I am really confused about how to make ends meet in these times. The cost of living is at an all time high, my salary can’t pay all my bills, and the returns on my investments are a joke. I really need some practical advice on how to make some more money to survive.”

If you haven’t already figured it out, we are living in tough economic times. The global financial markets are experiencing a frightening meltdown that’s affecting both multinationals and mom-and-pop stores, small savings accounts and large investment portfolios, consumers and retirees.

Here in Jamaica, the financial heads have admitted the obvious – we’re all going to be impacted by the international monetary woes in one way or the other.

Under normal conditions, making enough money to meet all our needs can be difficult. In this financial landscape it may seem almost impossible. Let’s look at some of the challenges that are currently impacting the standard ways of making money: Continue reading Financial challenges in a tough economy →