Contributor, Author at Your Wealthy Mind

Things Debt Free People Do That You Don’t

July 31, 2017 by Contributor Leave a Comment

*Contributed by Hellen McAdams.

Unfortunately, debt seems to be a reality for most people today.

If you are young, have just entered your married life and maybe had a baby recently, there is a good chance that you loaned some money from the bank somewhere along the way.

And while it can prove to be quite difficult, living with debt and eventually getting out of it shouldn’t be so stressful nor impossible to do.

If we take a look at some habits that debt-free people have and try to imitate them, there is a good possibility of us getting out of debt in no time.

Nobody is saying that becoming financially independent again is an easy task to achieve (this heavily depends on the amount of debt that needs to be repaid), but if you follow a particular path, you will succeed.

So, what is it that debt-free individuals do that you don’t and what you should do to be more like them?

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Popular Work from Home Ideas in 2017

June 14, 2017 by Contributor Leave a Comment

*Contributed by Kim Dawkins.

The unemployment rate has continued to be a major concern across the globe with youths going for years after completing college without a job. Luckily, the advancement of technology and existence of the internet has been a great source of income for many jobless people. Many people, however, do not know where to start from so as to get a decent earning. In 2017, various home ideas can help you be in a position to pay your bills, or even quit your full-time job.

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Sleep Improves Productivity

June 8, 2017 by Contributor Leave a Comment

*Contributed by Frank Apodaca

“From reading too much, and sleeping too little, his brain dried up on him and he lost his judgment.” – Miguel de Cervantes

The above quote, by the novelist of the legendary tale Don Quixote, vividly describes how a person who works too hard and ignores sleep loses the most important tool to his success, his brain. While we know, scientifically, that a person’s brain will not dry up like a raisin if they lack sleep, there is no denying that when we have very little snooze time, our brains are affected in a number of ways, which can make a difference in your performance at work.

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The Steps Towards Building an Emergency Fund

May 20, 2017 by Contributor 1 Comment

*Contributed by Eric Brown.

Financial management is a skill that many in the USA appear to have missed. The amount of credit card debt alone suggests that many regard their credit cards as a license to spend, often with little regard to whether they can afford the purchases. Consumers are paying a heavy price for the privilege of having a credit line and credit card companies are only too willing to profit from that. The high rate of interest they charge spells trouble for ordinary people who have not learnt the principles of good financial management and budgeting. Worse still, few seem to have the resources set aside to address a financial emergency. These things do happen and if people need to resort to even more card spending to address the problem, then their troubles are likely to worsen. Do you see yourself in this position?

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Avoiding Liquidation: Keep Your Business Afloat

May 8, 2017 by Contributor Leave a Comment

*Contributed and sponsored by Hunny Sharma.

Owning a business is tough work. When difficulties strike, it can be hard to see a way out. Owing money can put a lot of pressure on any organisation.

Upper management takes the brunt of the pressure when the company is in debt, and not all professionals are able to endure it. To many, it seems like the only solution is to fold the company and file for bankruptcy. There are, however, alternatives that will appear for those who look for them.

Insolvency specialist BWA insists that in a lot of cases, businesses give up much too early. These experts claim that many organisations jump into liquidation before they’ve explored all options available. Very often, there are still other alternatives to explore. Indebted businesses may seem like they’ll always owe money and many lose hope because of it. Some approaches, however, may save organisations from trouble and revive them once more. [Read more…]