Tag Archives: money advice

Money Mission: Embrace the Opportunities in Change

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As we continue to look at strategies that can help you to accomplish the financial goals that you set for 2013, it is important to consider some major obstacles that could be hindering your progress. Goal achievement requires you to be honest about the issues that may be holding you back.

If you are working towards your goals, you must be proceeding in a forward motion. No one has ever achieved anything by standing still or looking back on the past. So, in order to succeed in your objectives, you must be willing to move from where you are today onto new pathways.

Whether you want to budget effectively, save more, get out of debt, increase your income, buy a home, or start investing for your retirement, it is necessary for you to adopt improved money attitudes and actions. Change is integral to the process of accomplishing your financial goals. Continue reading Money Mission: Embrace the Opportunities in Change →

More Money: The Internet Is The Key

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How did a 24-year-old security guard change his financial situation by learning the secrets of making money on the internet? When I first heard Ricardo German give his testimony at an internet marketing seminar earlier in 2012, I was inspired by this young man who eagerly embraced the income opportunities available on the World Wide Web.

For years I have been encouraging persons to search online for solutions to earn extra money. You don’t need a lot of capital to get started, nor do you require specialized training to succeed. The world of online marketing is open to persons who are willing to learn new methods of earning, and are determined to keep trying until they achieve their objectives.

After his impromptu talk at the seminar, I followed up with Ricardo to discover more about his motivating story. He shared with me a classic account of how someone can have his or her dreams fulfilled, with the right attitude and actions.

Hopefully his words will encourage you to believe that, in spite your current challenges, you do have the power to change your destiny. Continue reading More Money: The Internet Is The Key →

More Money: Nature’s Wealth

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The debate on our 2012 national budget has left many of us with more questions than answers. We are being advised to prepare for austerity measures, yet the only way for Jamaica to overcome the deprivation that faces us is to focus on growth.

If our economic strategies do not promote and support productive activities, then the country’s financial future will be compromised.

Despite the general feeling of uncertainty that currently exists, let’s make a special effort to think positively about the prospects and possibilities for better. For me, while I may not be able to control or change our leaders’ economic decisions, I will continue to play my part by encouraging each and every person in Jamaica to focus on earning more.

It is getting more challenging for the traditional manufacturer to produce competitively, thanks to increases in the cost of living. Electricity, wages, transportation, and security are just some of the rising overhead expenses that make it harder for businesses to remain profitable.

However, in difficult situations, those who use innovation can definitely find new opportunities to exploit. Continue reading More Money: Nature’s Wealth →

Investing by Lending Money – Returns and Risks

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To be a truly successful investor, it’s important to understand the nature of any investment that you wish to undertake; by knowing how it can increase in value or supply an income, recognising the level of risks that the investment may bring, and ensuring that the investment type is ideally matched with your financial objectives.

Last week we discussed ways to invest by lending money in the financial markets. As we explained, large corporations, financial institutions and governments can create investments that allow them to borrow money from the investing public for their short-term financing needs or long-term capital requirements. Continue reading Investing by Lending Money – Returns and Risks →

Is it worth the risk to invest?

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Many people dream of enjoying a carefree lifestyle without the stresses of a regular job, and wish that they could find the perfect investment that would allow them to become wealthy. Their desire to be free from the routine of working for a living is often a compelling reason that motivates them to invest their money.

While most persons invest with an expectation of getting a positive result from their efforts, the reality is that investments don’t come with iron-clad guarantees of success. Last week we introduced the concept that investing activities carry some amount of risk, which is the possibility of getting a negative outcome or a different result than what was anticipated.

The risks that may accompany your investments have a lot to do with the reasons you may have invested in the first place. What are some of your basic expectations when you invest your money? Continue reading Is it worth the risk to invest? →