Thinking About Building An Online Business? Watch Out For This Trap!
Published by G-Money on Tagged Online Business
Why do almost all hopeful internet entrepreneurs fail miserably? The answer, it turns out, is right in front of our noses, and easy to see – because nearly every successful internet marketer is causing their very own clients to fail miserably! Okay, there are about a zillion reasons why people who want to take a stab at internet marketing will fail. But really, it all boils down to just one thing.Ooh, I can hear the screams of internet marketers across the globe right now! They’re already despising me, without realizing I’m about to help their businesses explode! They’ll hate my guts (for a minute) for revealing the ugly truth about what they do. But if they’re honest, and truly interested in the success of each of their clients, they’ll have no choice but to agree with me…
The sad thing is, 99% of them won’t buy into the idea, at first. Because they think it’s going to hurt their profits – but they’re wrong – dead wrong – and I’ll prove it to them!
Okay, here goes – here’s how it works.
Should You Rent or Buy a Home?
Published by G-Money on Tagged Living
It May Make Sense to Buy versus Rent – But It May Not!
Today, homeownership levels are at an all-time high in America. But about one out of three households are still renting. If you’re one of them, you may be paying a hefty price. And children of the baby boomer generation are close to or at the home buying age. But these “echo boomers” could mistakenly put off buying a home because of all the noise about a real estate “bubble”.
Is there a “bubble”? The short answer is “it depends”. It depends where you live, or want to live. Nationwide, some housing areas continue to grow, while others are taking a serious hit in home prices. Certainly there are a few ‘pockets’ of over-inflated real estate prices (Florida beachfront property comes to mind), but generally, the key to a healthy housing market is the job market.
Although a mortgage payment might be slightly higher now than a year ago (due to increased interest rates), this small mortgage increase generally won’t stop someone from purchasing the home of their dreams. They’re much more likely to hold off on getting a mortgage if they think their job is in jeopardy.
Although double-digit gains in housing prices are hard to sustain – and may be a thing of the past for a while in most areas - price declines are typically not dramatic, in most markets. Expect a more moderate rate of appreciation, perhaps closer to the historical 3-6% range (hey, that’s not bad!).
Four Credit Score Tips & Tricks
Published by G-Money on Tagged CreditWhen it comes to calculating your credit score, there are many factors considered – and some of them may seem counter-intuitive to you. When it comes to determining the score you find on your credit report, what would seem to make sense to you may not apply.
For example, you might think that paying off your balances in full every month will cause an increase in your credit score. Not necessarily true.
Or, you may have accounts you don’t use very much, and you think closing them would help your credit score. Wrong again!
A Tale of Two Mortgages (or, How To Make Your Mortgage a Good Investment)
Published by G-Money on Tagged MortgageLet’s look at an example of two friends – Dave and Wayne - who hired on with a big company just after finishing school. They both bought nice new homes in a new subdivision, for $100,000.
Dave had a paper route as a kid, and was able to save $20,000 for a down payment (20%). Wayne wasn’t quite as frugal with his money, but his parents were pretty well off, and they wanted to help Wayne and his new wife get their first home – so they provided a gift of $20,000.
So they each had a 30-year fixed mortgage on their homes for $80,000, and at the time they got those mortgages, rates were at 7.0%. After 15 years (half way through the term of the loan) Wayne still owed about $59,000 ($59,215.09, to be exact).
But Dave, being the frugal kind of guy he was, had been making extra payments toward principal every month. He faithfully paid $100 extra per month, every month, for 15 years. So, he owed $18,000 less than Wayne on his mortgage, or about $41,000.
Thinking About Building An Online Business? Watch Out For This Trap!
Published by G-Money on Tagged Online BusinessWhy do almost all hopeful internet entrepreneurs fail miserably? The answer, it turns out, is right in front of our noses, and easy to see – because nearly every successful internet marketer is causing their very own clients to fail miserably! Okay, there are about a zillion reasons why people who want to take a stab at internet marketing will fail. But really, it all boils down to just one thing.Ooh, I can hear the screams of internet marketers across the globe right now! They’re already despising me, without realizing I’m about to help their businesses explode! They’ll hate my guts (for a minute) for revealing the ugly truth about what they do. But if they’re honest, and truly interested in the success of each of their clients, they’ll have no choice but to agree with me…
The sad thing is, 99% of them won’t buy into the idea, at first. Because they think it’s going to hurt their profits – but they’re wrong – dead wrong – and I’ll prove it to them!
Okay, here goes – here’s how it works.