Home Equity Loan may sound a bit strange to some of us. But actually, equity loan may reduce our debt especially to those who have family.
Lets consider one case. There is one family was desperate to make big changes at home. But, the father couldn't fulfill their desires due to lack of sufficient funds. It was only at that time he got to know about secured loan that gave them a ray of hope and helped them in making their family's small dreams come true. So the father decides to give their house as a collateral.
In reducing debt, the first thing to consider is do look out for secured home equity loan and don't use your credit card frequently. This article may help you to give an insight on reducing debt when you are considering Home Equity Loan.
Need to Reduce Debt? Consider Home Equity Loan
By: Adam Jackson
Now that we're over half way through our first decade of the new millennium, it is interesting to look back and see how our attitude to debt has changed. It seemed that many of us had an invincible view towards our debt, brushing it under the carpet and extending our credit line further.
Now that we're all a little older with perhaps more responsibilities, we've decided that it is hard time we addressed the little problem of our credit card debt, head on. One of the most affective ways to do this is by taking out a home equity loan. In many cases, the equity in our home represents the only form of savings we have. It is important to reduce debt as quickly as possible in order to start saving money.
It is always good advice to shop around when looking for a home equity loan; this is because lenders will have different criteria. Some lenders are only in the poor credit home equity loan business as this allows them to charge more interest on the loan, while other lenders are more interested in the quality of the equity at stake.
A very good piece of advice when you have completed your home equity loan is to cut up or close the credit cards that contributed to your high debt. The worst possible situation is for you to start using the credit cards again. If you think you are at risk of doing this, cut them up immediately, your house is now at risk.
About The Author
Adam Jackson of http://www.besthomeequity.net/ is a home repair expert striving to bring you the best free home repair and improvement information on the web.
info@besthomeequity.net
Tuesday, July 11, 2006
Need to Reduce Debt? Consider Home Equity Loan
Friday, July 07, 2006
5 Tips On How To Reduce Your Mobile Phone Costs
Hello guys.. :)
This time I wanna share an article about mobile phone with you. As we all know, nowadays mobile phone has become a very important thing in our life. Some of us spend so much money with mobile phone. Here are some great advices we all can easily practice to reduce mobile phone costs. Lets start to practice it, and begin to feel the difference in our financial management.
5 Tips On How To Reduce Your Mobile Phone Costs
By: John Bertone
Mobile phones are great. They allow us to communicate and "stay in-touch" in a way that was not possible in the recent past. However, this increased connectivity comes at a cost, and if you are not careful you may end up spending money unnecessarily. Here are five basic tips for reducing your mobile phone costs without sacrificing your communications with your family, friends or business contacts.
1. Use a landline wherever and whenever possible.
No matter how great a deal you got on your last mobile phone contract or prepaid (pay as you go) offer, the good old fashioned landline is usually cheaper. Save your mobile phone for the times when it is the only alternative. Before making a call on your mobile phone, ask yourself whether this call is really necessary. When you are out of your house carry around a phone card and small change, and take advantage of public pay phones whenever you can.
2. Send SMS text messages
Short Message Service (SMS) text messages are usually charged on a per-message basis and are generally cheaper than normal calls. The SMS is the modern-day equivalent of a telegram. If you are creative, you can convey a lot of information in an SMS message and avoid having to make a more costly voice call. If you don't go overboard with the fun of sending SMS messages, and use them only when they are needed, then you can save a lot of money by following this tip.
3. Purchase the phone that you need
You may be enticed to follow the fashion and get the latest phone loaded with all kinds of gadgets, but you will have to pay for it. Choose a handset that does what you need. If you only need to make phone calls, then don't pay extra for a phone that has a built-in MP3 player and camera. If you are satisfied with your present phone, then keep it and don't buy a new one. Even if you upgrade to a new or different service plan, you do not have to get a new phone. Choose a SIM only plan and use the new SIM card in your old phone.
4. Keep Track of Your Business Calls
If you are using your mobile phone to give better service to your clients, then you can get the costs of these calls reimbursed when you do your billing. Keep a good record of calls that were made for your business and recover this cost whenever possible. Also, if you maintain an accurate record of how much you are paying your service provider, you will be in a better position in case of any billing disputes.
5. Choose the phone plan that best matches your calling habits
If you are buying a mobile phone on a contract or upgrading your plan, you may be thinking that you will use the mobile phone only for limited calling. However you could end up using it more frequently as you get used to the convenience. Instead of opting for a plan that has low monthly rates combined with a high per-call rate and no special features look for a contract that combines a reasonable monthly rate with low per-call rates and access to discounts.
So if you have been scratching your head and wondering how to reduce your mobile phone costs then follow these simple tips and enjoy the convenience of mobile telephony without burdening yourself with unnecessary expenditures.
Article Source: http://www.articlecube.com
John Bertone is a Mobile Phone Specialist who shows you how to compare any mobile phone deal on the market, quickly and easily. In his special report called: Mobile Phone Secrets Revealed he also reveals how to DRAMATICALLY REDUCE your current mobile phone costs! For more information visit: www.MobilePhoneSecrets.com.au
Wednesday, July 05, 2006
A lesson from Italy's success
Grosso goal in late extra-time.. 
Hello guys.. :)
This time I wanna share with you about the success of Italy to get into the World Cup 2006 final.. I watched the game last night and what I could say is I'm so impressed with their performance. It makes me believe that to gain success is not impossible although time is lacking. All you have to do is to work smart and also hard, and not to lose your concentration. Finally the success will be yours. :)
We know that Italy is good at defense. And this is the main key of their success. When they strengthened their defense and ensured nobody can penetrate it easily, at this point, they were building up a very good strategy to attack the opponent. And finally, their effort lead them to score goals! The best thing is, they scored that 2 goals in the late extra-time (means everybody thought the game will end with penalty kicks) and they deserved it. :)
What is the relation between a good team at defense and financial management? It is all about your defense in managing your finances. To become rich, you must not only focus on the money making stream but the 1st thing you must do is to take care of your expenses and liabilities which in the other words you must strengthen your defense. You must make sure, your expenses and liabilities do not exceed the income you get every month. A lesson we can learn from Italy is that, when your defense is good, then you can be good in your offense too.
When you can control your cashflow every month, and make sure that it will always be positive in number, you can start planning the strategy to make more money. If u have a negative cashflow every month, you'll not become rich even if your strategy to make money is great or you get a big income.
For example, just imagine a man who gets $15,000 as his monthly income. He will not become rich if his expenses every month are $15,500. This is because, his monthly cashflow is -$500. But if he controls his expenses not to exceed the income, for example only $13,000 a month, he will have a positive cashflow of $2000 monthly. And he can use this money for savings or for investments as I said before, as a good offense strategy. It's better if you can keep more than that. :)
This is the basic step to become rich. If you start to control your cashflow from now, you are also starting to build up a good defense in your financial management. And this will result in a good strategy to make money in the future. So, why dont we take the first step from now and take our seat on the journey to becoming rich. :) Good luck to all of us!!
Click the link below for the news.
Italy defeats Germany with late extra-time goals.
financial-management
Tuesday, July 04, 2006
21-year-old student makes million dolars in 4 months!!
Hello my friends.. :) Hope you enjoy reading articles on my blog everyday..
In this posting I want to share an awesome miracle in the world of internet business. It's about a guy who had a small idea on his bed in just less than half an hour, and that idea made him become a millionaire in just 4 months!
This 21-year-old student was having some problem with his finances. He was thinking how he could solve his financial problem. He laid on his bed, brainstorming and looking around and somehow, his pair of blue sock raised his attention. The question `How can I become a millionaire` that he wrote in his brainstorming paper, is now answered. The Million Dollar homepage was born.
What is this homepage all about? Whether you believe it or not, it only sells pixels (the dot which make up a computer screen) as an advertising space, costing a dollar per dot. One who is interested to advertise in this website, needs to purchase minimum of $100 for a 10x10 pixel square for a logo or design. And clicking on that space takes readers to the buyer`s website. Marvellous idea right?!
This guy possessed his wealth not by free. His small sacrifice spending 50 pound to buy a basic webhosting package is such a thrifty investment. Then, he designed the site himself but it began as a blank page. His family and friends contributed $1000 dollars, which he spent on a press release. That small publicity makes his site famous, which in turn he gets more advertisers to trust him.
His enthusiastic effort shows that I could endeavour to be like him. You too!! The main point from this story is a small idea might change your life! Just give a try and dare to take risk. Good Luck! :)
Click on the links below.
Monday, July 03, 2006
Want To Earn Thousands Fast? It's Common In Real Estate Investing
By: Jackie Lange
I'm constantly seeing business opportunities that promise you can earn thousands in very little time. That's probably true for some of their members, but I'll bet more than a few people reading this article have joined these programs and earned little if anything.
I wouldn't be surprised if the average member spends hundreds while earning under $100. Sure, the hype is exciting and it's fun to be told you'll be a millionaire, but in reality, usually only the founders get rich.
Real estate investing is an altogether different kind of business. People just like you and me buy and sell properties and earn tens of thousands of dollars, often within just a few days of getting into the business.
I worked with a teenager who earned almost 12,000 in just over one week. And that's not a fluke. We regularly see people jump into real estate investing and earn big checks. Last year, my organization that helps people buy and sell houses did more than $58 MILLION in business.
How can we earn so much money? It's relatively easy if you know how. You simply find owners who are highly motivated to sell, buy their property (with other people's money), then sell at a higher price and keep the change. Often that change is $10,000, $20,000, $30,000...and more!
Keep in mind I said it's easy IF you know how. But learning how to be a successful real estate investor can be an uphill climb. This problem is mostly due to all the BAD information that is out there. There are alleged real estate gurus who constantly dispense bad advice. The average person getting into real estate is so confused they can't make any money. Most get discouraged and give up.
Here are the basics you need to know to succeed:
1. You don't need much money to get started. There a lots of sources who will give you the money you need to buy houses and other properties.
2. There are some tried and true methods to uncover sellers who will literally beg you to take their house. For various reasons, they need to get out from under their home fast. You can often buy these homes for pennies on the dollar, giving you plenty of opportunity to sell the property at a much higher market value. That translates into BIG profits for you.
3. Of course, realtors will view you as competition, but not if you know how to enlist their help. You can easily have realtors all over your area working with you to help you find more and better deals.
4. A LOT of money is changing hands, so you'll need professional contracts that keep you out of trouble and keep your customers happy. Not to worry--there are standardized contracts you can use that cover all the bases. You'll also need to organize and structure your business like any other, and there are very smart ways to do that, while maximizing your profits and minimizing risk.
Above all, don't be afraid to get into real estate investing. I've known thousands of every day people who have succeeded admirably in this industry. Get the information you need, then get started making money.
The Decision to Rent or Buy A Home
By : Dan Lewis
The pace of life can be so quick that we have a tendency to blow by important decisions. One such decision is the decision to rent or buy a home.
The Decision to Rent or Buy A Home
One of the biggest decisions people come to is the issue of renting versus buying. Really, it is an extremely tough choice to choose between the two. However, I once had an economics teacher who put it extremely well and puts the whole thing in perspective. His motto was, “Rent when you have to, buy when you can.” This statement is only too true, and here is why.
Renting can be a big plus for certain people. People who are on the move, people who get relocated with their jobs and need to stay mobile, and also for people who just moved out of the house and have low income and no credit. In any of these situations, renting is definitely a good choice. Renting allows people who need to stay mobile the opportunity to do just that. They go month by month and aren’t committed anywhere. Also, the paperwork required for renting is minute in comparison to that of buying and selling. In addition, those with low income and credit scores should also consider renting. Looking for a mortgage with low credit scores will be very difficult and even if you find one the interest will be unreasonable, not to mention the fact that even making the monthly payments can be unmanageable.
However, the benefits of buying, when able to, far outweigh those of renting. Sure, buying a house takes tons of paperwork and involves commitment to that house. But in the long run, owning a home is extremely important since your home is one of the biggest investments you can make. The key to this is home equity. Equity is essentially the value of the home. This equity almost always increases over time and can sometimes take huge leaps such as the recent price hikes of homes in California. These huge spikes drastically increase the price of the home and leave the homeowners with a lot of money right beneath their feet that is always available. Also, equity enables homeowners to pull out home equity loans that are based on the value of their homes and generally have reasonable interest rates.
Of course, this all depends on ability to buy. Having a good credit score, a good amount of money put away, and a good income are all incredibly important. A good credit score allows the person to obtain lower interest rates on mortgages, a good amount of savings allows a higher down payment, and a good income allows the person to make the payments. When this can be done, buying is definitely advised. Renting has its benefits, but buying is always better.
Sunday, July 02, 2006
Winning the Money Struggle
By : Jim McCabe
Each day it seems harder and harder to stay ahead of the bills. With higher inflation, increased gas prices, credit card rates going up, and so on and so on, what’s a body to do?
For sure, doing the same old thing will not get you ahead. Perhaps a higher paying job will do the trick. Maybe you’ll be written into the will of a rich uncle. Or, maybe its time to try new thinking and a new approach.
The word “wealth” is derived from Old English words “weal” (well-being) and “th” (condition). “Wealthy” can be defined as “the state of being rich and affluent,” “having an abundance of material possessions and resources” and “being profusely happy.” What does “wealth” mean to you? Does it mean not having to worry about money? Having good health? Having the freedom to do what you want to do? In any case, being wealthy is desirable, as it means having a higher quality of living.
This article is about increasing your monetary wealth through an approach that can quickly compound your money. There are risks (there is no such thing as a free lunch), but you can quickly learn and practice at absolutely no cost (other than an internet connection and your time). You must have a strong desire to make positive monetary changes in your life and you must set goals and take action toward achieving them.
The term “foreign currency exchange” seems daunting to the uninitiated. But it has been going on for thousands of years. Those that travel to other countries frequently exchange their currency for another. Today, currency can be bought and sold easily and electronically, from your home computer. Now, you too can learn how to make money – potentially lots of it - while participating in the foreign currency exchange (FOREX).
Accomplished author and entrepreneur Robert G. Allen, in his book “Multiple Streams of Income,” discusses the importance of compounding one’s money in order to achieve wealth. FOREX allows you to quickly compound, for example, turning $300 into $30,000 in as little as 6 months, if you know how to safely do it.
Why choose FOREX for obtaining wealth? Below are 10 good reasons:
1. A FOREX system is definable. You can get your hands around it (so to speak).
2. You can start learning without spending anything. Once you learn a few terms, you will be on your way. You can then add to your knowledge base along the way.
3. Unlike traditional businesses, there is very little overhead. With FOREX, there is no inventory to manage, no employees to deal with and no customers.
4. Your initial capital investment can be as little as $300.
5. You can quickly compound your money, if you know how to safely do it.
6. It doesn’t have to take a lot of your time. Some people only spend a few hours each week.
7. The FOREX market is very liquid, with trillions of dollars traded every day. On its slowest day, dollar volume on the FOREX market dwarfs that of the largest US stock exchanges, combined. You won’t have difficulty placing orders if you stick with the major currencies.
8. You can easily open an online account by selecting one from many available FOREX brokers. And you can open a demo account to practice (and learn) for free.
9. Once you get your account setup, you can trade currencies from just about anywhere. About all you need is a computer with internet access. Many accounts also provide free (and very adequate) charting software.
10. Many other people, from all walks of life, are successful at online foreign currency exchange. You can be too!
While there are other paths to monetary wealth, the FOREX path can lead you to your own personal success!
Wednesday, June 28, 2006
How to Build Any Online Business - Fast
By: Daegan Smith
Online business has now been a trend in the modern day of doing business. It is an effective way to make product selling and responding to client orders or comments. With this trend, all of us are hooked to do it. In order for us to build an online business, here are the following tips that we need to know:
1. Register a domain. It is important to have this item because you needed a contact to host the website you are planning. Of course, you must make bargains with different sectors having business like this.
2. Hosting account setup. Having a private account for your website will truly help.
3. Create a simple web site. As we all know it, your website will say all about your business. It will be your window to potential clients. So when you make it, be read and be able to attract huge number of purchases.
4. Upload files to the designated website. All information needs to be placed in the website for all customers to know what you are selling or marketing. Give them all the needed data. These items will now serve as proofs that your product is good enough to be patronized.
5. Auto-responding component setup. Customers make an inquiry about a product or service is a nice start up business. For this reason, an online form that will convince them to make inputs related to orders, etc. is surely a hit. It is more effective if you can provide an auto-responder because customers need not to wait long for your answer.
6. Order process automation. The faster you transact business, the more you win great number of clients. It is effective to do it online because majority of the people are hooked on the internet's light.
Formulating a Great Idea
To build any online business, begin with its concept. Online business is more powerful than the method of doing business before. Imagine, everyone has to personally go to a store to buy items but now you can just do it in a single click. After clicking the desired item, you will be prompted to confirm payment details. Before payment was only done in cash, but now, you need to have an ATM or credit card. If everything is already done, then that's it. You will just have to wait for your ordered item to come in front of your door. As simple as that!
If you plan to make an online business from the beginning, it is vital to make sure you are starting with nice ideas for your business. You must think what you can do best and start from it. Widen your horizons by doing researches related to your weaknesses. Make those liabilities of yours into great assets. By doing these things, you will be a surefire winner of your endeavor.
What are the in-demand products online? Based from surveys, the following are the products commonly being bought via internet:
1. Computer products and accessories. It is high-tech world nowadays and the need for computers and other devices are increasing. This is a big source of possible sales because it is will be noticed by the public.
2. Books and other references. Majority of the people loves to read books of all sorts - it can be fiction or non-fictions, biographies, academic subjects, fashion magazines, etc.
3. Travel packages. To advertise the latest tour packages and cool discounts!
4. Clothes. What's in and what's hot in the fashion industry is the usual content of this advertising.
5. Music (audio CDs). We all love music so it is another mine to make business.
6. Gifts for all occasions. The many occasions we celebrate can be a good source of income to all aspring online businessmen.
7. Investments. Investing money or capitalizing on a business is one sure method to attract people. It has big impact because you are proposing to them a way to make money.
The most important thing when you setup online business or all businesses is to make a detailed plan. Plans for all the expenses, the activities involved, the strategies that you will be doing in your business and other constructive factors. If you do this, it will keep you motivated throughout your business from start to end - a successful way on top!
5 Simple Ways To Lower Your Monthly Bills - And Save Lots Of Money!
By: Kris Bickell
Here you're going to learn several ways to save money every month by lowering your monthly bills.
There are lots of ways to save money, no matter how much of it you have - or don't have!
Having struggled for many years paying my own bills, I learned many ways to save money.
From simple things like food, gas, and clothing, to bigger expenses, like insurance and your mortgage.
All you need to know is where to look to find the savings.
Several Ways To Save Money
The first thing you need to do is eliminate ALL of your unnecessary expenses:
- eating out on the weekends
- buying lunch at work every day
- magazine and newspaper subscriptions (especially those you can get online and at the local library)
- cable TV (you'd be amazed at how many other ways you'll find to spend your time once you get rid of cable TV)
- groceries (you can save lots of money with coupons and specials.)
To find other ways to reduce your expenses, take a close look at your checkbook and credit card statements. You should also call your credit card companies to see if they will lower your interest rates, even if it is only for a short time.
You'll be amazed at how many ways you can save money, especially once you start looking carefully at how you spend your money every month.
Shop Around For The Lowest Prices
For those expenses you can't eliminate, it's time to start shopping around for the best prices.
Once I realized you can shop around for just about ANYTHING you spend money on every month, I learned how to save myself SEVERAL HUNDRED DOLLARS each and every month!
In fact, by shopping around I ended up saving myself more than $750 a year on car insurance alone!
The same is true of many of your monthly expenses - like long distance telephone service, internet service, all types of insurance, mortgages, and in some places even your utility bills.
It DOESN'T take any special skills. All it takes is a few clicks and you can save yourself a bunch
of money in no time at all!
So, if you’d like to save yourself lots of money every month - and who doesn’t - start shopping around and looking for ways to lower your monthly bills right away!
How To Save For Retirement - Even When Money Is Tight!
By: Kris Bickell
So, you want to save for retirement, but you’re having enough trouble paying your bills every month?
Now what?
How can you possibly find enough money to save for the future when the present is difficult enough?
If this sounds familiar, then here are a few suggestions to help making saving money easier. Not necessarily easy – when money is tight, saving is probably not going to be easy. But at least it can be a little bit easier.
For this to work, you first have to be willing to make a few changes. Actually, it all comes down to one big change – and that is making a commitment. Without this commitment, and a plan to go along with it, then most likely nothing will ever change.
So, go ahead and make a commitment to yourself that you’ll do WHATEVER it takes to change your financial situation. And this change won’t come overnight, so give yourself a time frame to make it happen. Write down your commitment. And put it in a safe place.
And get ready to make it happen! Here are some suggestions for saving money – even when money is tight:
First, take a few minutes to read your commitment each day. The more you believe in what you are doing, the more you will be willing to take action, and achieve what you want!
Second, think of ways to make some extra money:
- get a part-time job
- start your own business
- sell items around the house that you don’t need any more
Third, take out your checkbook and write down a list of all your expenses for the last month or two. Write down everything. Then decide which expenses you can eliminate (and remember, you make a commitment to change your financial situation, and won’t necessarily be easy). And decide which ones can be reduced:
- cable TV
- cell phone
- internet service
- newspapers
- magazines
- entertainment
- luxuries
- anything else you can live without!
Be creative. Be honest. And be committed!
Because when money is tight, and you still want to save for your future, you either need to find a way to make some more money. Or find a way to lower your monthly expenses.
