SelFulfillment Articles - Dreams Issues


Are You Throwing Your Money Away?  
by John Cranley


Dear Readers, My story, describes just one of the many basic financial mistakes that most people make during their working lives. I am writing this with the hope that it may just trigger your financial alarms bells and save you and yours from potentially loosing thousands like silly oul me did.

I got my first Job in 1997 after graduating from college with a degree in Computer Engineering. I was on a starting salary of $29000. I also moved out of home and shared a rented house with some old college friends. The rent was approx $180 per month.

After a few months I took out a car loan for $22000 @ 9% per annum. Life was great and like most 22 year olds, I lived from pay check to pay check and had a great social life. When I turned 24, I decided to start planning for my future and save some money. I cut back on my social life and was careful with my spending. Eventually I could save about $400 dollars per month.

I asked my bank manager for advice about my extra $400 and he suggested I put it into THEIR savings plan every month where It would earn 3.2%. I was chuffed with my-self. Like my parents and teachers had thought me, I was saving a percentage of my salary. And 3.2% is a nice no risk return from a reputable financial institution. (THIS IS WHERE MY MONEY DECIDED TO HEAD FOR THE TOILET)

(! TIP Banks are out to make a profit for themselves. )

If I had just sat down and thought it through for a few minutes I would have saved myself a large sum of money. Also, if my bank manager had my true interests at heart, he would have explained this simple principal to me. But if he were to do that, my gain would take from the banks profits.

The simple Maths. My Loan was costing me 9% and my savings earning me 3.2%. If I had simply put my $400 extra towards repaying the loan every month here is what would have happened.

I would have decreased the term of my loan substantially and as well as paying off the loan early I would have saved approximately $2,200 in interest repayments. If I had continued the saving scheme, I would have earned interest of $683. That means I would have been $1,520 ($2,200 - $680) better off if id concentrated on repaying the loan.

That's $1,520 I wasted. As foolish as my mistake was, the sad fact is, a huge number of people are doing the exact same thing. People are putting money away for their future, kids education etc, while also repaying high interest loans, consumer debt and credit card debt.

I was fortunate in that my loan was only over five years, yet people go through most of their life saving this way. Over 20 years my loss would have compounded to 10's of thousands.

Now I'm not saying by any means that banks and loans should be avoided. Even the mega rich get loans. The difference is, they can make the loans work to their advantage. The points I'm trying to bring across is that one should pay close attention to how they repay their loans.

Keep in mind that your bank will bring out new products every year, saving plans, pension schemes etc and their staff are often given huge commissions when they sell the products.

High interest loans and credit card debt should always be paid off first. Then when your debts are cleared, keep the habit of re-investing your cleared loan instalments towards savings and other higher yield investments.

I was almost at the end of my 5 year loan, when I was shown my silly mistake by a friend of mine who was giving me financial advice. He thought me to think practically about money and he also pointed me towards some financial self help books which have really helped get control of my financial destiny. Two books I highly recommend are, Think And Grow Rich by Napoleon Hill and Rich Dad Poor Dad by Robert Kiyosaki. I urge you to study them. I'm now 31 years old and I've now got my financial life well under control. You are probably thinking, (If this jackass can get control of his finances then so can I). YES you can. Make a commitment to start your financial education today and stay focused. Save/Borrow and Invest wisely. CAN.

I hope this simple story pushes some buttons for you. I wish you and yours happiness and prosperity.

John Cranley

About the Author

Computer programmer who is making more money from his investments than his job. Aiming to provide content and links on my website which will help people learn from my mistakes and invest wisely. You dont need to be a Financial wizard to be Financially Free. http://www.cash-brain.com



Media Placement: The Untold Story Behind ALL Major Sucesses Of Online Businesses!  
by Frank Diemert


Success in business today is a rare thing. Most businesses fail, not because they were built upon bad ideas, but because most business owners do not focus on what truly makes the difference between success and failure.

There is one skill, above and beyond any other skill, that is critical to your success in business. If you do not learn to adapt this skill, your business idea will probably either fail or not reach your intended level of success like ninety-eight percent of all start up businesses in the world today.

It does not matter whether you are running a restaurant, a retail store, an Internet business, or an at home-based business; the necessity is still the same. This one skill is the biggest reason for success or failure in business.

Oprah knows the secret; so does Time Warner, Ted Tuner, McDonald's, Google, and Bill Gates. I could go on and on. They know the secret. Do you?

What is the secret?

It is the art and science of "Media Placement." This one skill reaps more rewards than any other aspect of business. You want to become a "Media Placement Specialist."

You might ask, "What is a 'Media Placement Specialist?'" Well, first of all, this is not about getting a certification to put on your resume to get a job. It is how to specialize in the skill of placing media to promote your business. It is also bigger than "traditional marketing."

When someone masters the art and science of placing media, they start to control the game. If they master many areas, they are what many experts call a "media mogul." A "media mogul" controls different forms of media and, ultimately, marketing.

Oprah Winfrey is a great example. She is self-made. She is a self-made billionaire media mogul. Oprah is now the owner of Harpo Productions, has her own TV show, had a radio show, and does print media and Internet marketing.

When you master the art and science of media placement, the idea is simple. Start small, and find one or two methods of media placement that work for you. You could start by trying Internet media placement, direct mail, pay-per-click, co-registration, or articles. The idea is to find a couple of means, start them working for you, and then you can grow your business and expand the types and amounts of media you use.

Today, Internet marketing is one of many media placement strategies you could use. It could be the single fastest, least expensive, low-risk type of media available today if you take the time to learn some of the secrets. Once you do your testing on the Internet, it makes it easy to expand into other types of media quickly.

There are many resources you can find that are available to learn the art of marketing, but there are very few resources that teach the mastery of media placement. Take the time to learn it. It could become the best investment you have ever made.

Please keep in mind that this is a business and you have to treat it as such. The investment is the first start, and this is the least expensive business I've ever started. I started my first business eight years ago with an initial ten thousand dollar investment after years of schooling and it has paid the bills. After becoming a CMPs with an initial investment of less than two hundred-fifty, that design business is now a hobby.

Visit us at http://www.candfhomeenterprising.com and read more on our media placement page. Then find out if you qualify to be trained as a CMPs at http://www.24hourwebcash.com/diemert4939

About the Author

A Civil Engineering Technician that turned into a Certified Media Placement Specialist and is now earning real money!





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