Exchange Traded Funds

They name ‘em ETFs.

There are 100s of them.

The common finances don’t desire you to happen out about them.

Why?

Because they beat out the socks off common finances in
so many categories. The disbursal ratios of most
common finances runs about 1.5% and many are much
higher. To purchase a common monetary fund you must wait until
the end of the twenty-four hours to happen out what terms you
paid. Many common finances have got instituted
salvation charges should you make up one's mind to sell out
early. Early is whatever definition they desire to
apply and could be a twelvemonth out, maybe more. The
fee at this clip is about 2% for many funds.

Fund managers state you it is to discourage
nightlong trading that adds to their expenses
and therefore punishes shareholders, but that
is not true.

The two most popular ETFs are spy and QQQ. SPY
is composed of the pillory in the SP500 Index
with 500 pillory and it is priced every few
minutes. It can be bought and sold any time
during the day. The common finances who state you it
is too expensive to terms their finances more than
once a twenty-four hours are either lying or stupid. ETFs
turn out that. And that same logic travels for short
term trading.

The investor purchases and sells ETFs the same as
any stock. The large brokerage companies charge
high committee whereas investors who topographic point buy
and sell orders with price reduction brokers will find
committees around $7.00 to $15.00 to bargain or
sell. That charge is for one ticket and not per
100 shares. The committee is the same for 100
shares or 1,000 or more than shares. Big Wall Street
firms charge many modern times this for the same
execution.

You can make research on ETFs just as you make on
common funds. If you desire to determine what
pillory an ETF manger throws they will state you in
their prospectus. What you desire to cognize is what
Sector the ETF represents. The internal
construction makes not change often as makes the
stock ownership in a regular common fund.

At this clip there is one drawback to buying
and merchandising certain ETFs. Bash not put Market
Orders when purchasing and merchandising most ETFs unless
it merchandises more than than 250,000 shares each day. As
with stock there is a Command and Offer Price. In
thinly traded issues where the ETF have a volume
of less than 50,000 shares day-to-day the Spread can
be as high as 20 cents and many modern times more. In
these issue it is suggested Limit Price Orders
be entered. If the last trade was $20.50 the Bid
could be $20.40 and the Offer $20.60. A market
bargain order would be filled at $20.60 and a sell
order at $20.40. It is best to put a Limit
Order at $20.50 and most of the clip these will
be executed at the Limit Order price. Stop Loss
Orders are also poorly executed in low volume
ETFs.

Over the adjacent few old age as more than than and more
investors discover these advantages they will be
purchasing ETFs in penchant to both loading and
no-load common funds.

CYA

You all cognize what CYA stand ups for. Of course,
Screen Your Assets.

And everyone makes it. You have got protection against
losing your car in an accident. You have
protection against being sued from that car
accident. You have got locks on the doors to your home
to protect against theft and personal injury. Question. Bash you have got a lock to protect from loss
in your retirement portfolio?

Bet you didn’t even cognize there is one. You sure
aren’t going to hear about it from your stock
broker or financial planner. If there is such as a
thing why hasn’t helium told me? Maybe it is because
it is too expensive.

No, there is no charge for this type of protection
and your brokerage company will make it. It is free. Then why don’t brokers and financial planners
supply this as portion of their service? The simple
reply is it is too much work. If you make up one's mind to
utilize the service they will then have got to watch your
account.

Oh, did he state he was going to watch your account? Unless your account in seven figs or stopping point to
it you make not look on his microwave radar screen. The
average broker have 300 accounts. Could you watch
what is going on in each 1 if you had his job? It is not possible so there must be a manner to
protect your money. Yes, and it is automatic. When your pillory are going up and you are making
money you don’t desire to give back those profits,
make you? Of course of study not. There is a simple method
known to every broker and financial planner, but
you must take a firm stand it is done – Oregon you will transfer
your account to person who will. Money negotiation and
he will understand that.

First you must determine what your hazard degree is.
Are you willing to give back 5, 10, 15% of the
terms of your stock when it begins down? If you
state 10% then each hebdomad state your broker you want
an Open Stop Loss Order placed on the closing
terms of each Friday (or Monday , Tuesday,
whatever) arsenic it travels higher and not to reduce
that price.

This manner he makes not have got got to watch all the
different pillory you have in your portfolio and
you are protected against any large losses. He may
not even desire to make this and inquire you to place
those orders which you can easily make on the
Internet.

Instead of trying to calculate out where or when to
sell your equity you allow the terms action of your
stock state you when it is getting weak. There are
many ways of placing Stop Loss Orders and you may
wish to utilize another method. Many tin be establish by
using a search on Google by typing in the words
“stop loss orders”. Your library should have got books
on the subject.

For a individual who is working or cannot take the
clip to follow the market this is the best manner to
protect your investments. See it a lock on
your profits. Go back and see how this would have
worked if you had done it for the past 5 years. You would be money ahead.

CYA – screen your assets.

Finance Guide Basics

Every 1 or rather almost every 1 in this human race would definitely desire to have got his or her hereafter secured. Thus, every individual who earns even a spot would wish to salvage some of the money and this is where the subject of personal financial management come ups into picture. Whatever be your intent of economy money, it needs to be regulated and updated.

Investment in stock markets is one option for the same. With the advancement in engineering and thereby, in agency of communicating (for instance, the internet), the behavioural pattern of the stock markets can be known within an instant of time. Moreover, as the presence of the stock markets being in every country, one can see the upper limit numbers of investings all over the human race are made here.

Another option where you can modulate your finances is by purchasing stocks. It is argued that although they are the diciest and most volatile instruments for investments, they can convey enormous tax returns in the long tally and can even go forth you immune to the rate of inflation. By owning a peculiar amount of stock, one is deemed to be the proprietor of a certain value of a company i.e. the more than than stock is owned by you the more cabal of the company is in your hands. The terms of the stock ca change in conformity with all the factors affecting the stock markets for instance, economic, cultural and business trends.

Often it is seen that we be given to go forth the economy for college and retirement till the last minute and then certain unwilling effects have got to be borne. College planning resembles retirement planning. There are jump to be inquiries in one’s head like how much 1 should salvage for such as sort of disbursals etc. it is recommended that where the planning for retirement should begin in one’s early twenties, the planning for college should begin right from the birth of the child. It is agreed by many that early planning and nest egg can be of huge benefits in the long run. Planning for the college will include looking for assorted colleges for alternatives, tuition fees and any extra outgo that mightiness happen at the clip for sending a kid to the college. Starting all this early adequate volition supply adequate clip to the parents to look for availing loan installations and make up one's mind their strategy accordingly. Retirement, which is inevitable, have to be planned on the similar lines as that of the college planning. Starting early and being realistic are the keys for such as sort of planning. Starting early agency to begin soon after one have completed his or her graduation. By being realistic it is intended to impart that one have to salvage according to one’s demand of the sort of life proposed to be lived after the retirement. This is to state that one have to concentrate on the facts basically, for instance, if one programs to dwell like a male monarch with maidservants serving all the clip and a palace like house then one have to salvage much more than than a individual who takes to dwell a modest life with a simple house and an off-hand vacation.

Hence, you should manage your finances cautiously with investment in the right thing at the right clip and economy money for the right time, because surely, clip is money!!

Sisters Are Insuring Themselves: Finance is the New Feminism

According to a survey by LifeSearch, the number of women in the United Kingdom purchasing life insurance in the United Kingdom have doubled over the last six years. As women are increasingly closing the gender related wage spread and even becoming the chief breadwinners in a household, they are also becoming more than vigilant about their finances and less financially dependent on their partners.

Linda Tyson, a policy advisor for LifeSearch stated that the addition was attributed to the “growing consciousness of the importance of protecting the financial stableness of the family. More and more than women are either the chief or only breadwinner and are realising the importance of protecting their incomes.”

An further advantage for women is upon applying for cover, they pay less in insurance premiums than men, which is further money to save, put or pass on holiday with the girls. This reduction in insurance premiums is based on the fact that women dwell an further seven old age longer than men. Insurance companies hold work force a greater insurance hazard when it come ups to life insurance. In general, a adult female pays 25% to 35% less than a man.

The most cost effectual manner to purchase life insurance is term cover, which allows for a lump sum of money to be paid out over a given time period upon the death of the policy holder. The lump sum of money of money will protect the spouse or household and the extent of the screen will change on how much the policy holder wishings to put and length of clip over which they wish to put it.

Alternatively, there is the option of whole-of-life insurance, in which lawsuit a lump sum will be paid out upon the death of the policy holder – whenever that happens. Given that the payout is guaranteed, the insurance premiums for this type of life insurance are much higher, although women still pay less than men.

Websites such as as moneynet supply an easy method for women to reexamine different life insurance policies, the hazards and associated costs and given that the ratio of male to female web users is almost 50:50, it’s not surprising that women have got the web (and their finances) under their thumb.

Resources

Channel 4 Money
Moneynet Life Insurance
Women and life insurance

Financial Security vs. Financial Freedom

As you get to ship on your journeying to financial freedom, one thing that you will discover, if you have got not already is that there aren't a batch of people who are going to back up your efforts. You may have got shared your desires with others and have responses that may surprise you. For example, here are some of the responses that I have got received...

"That is a tobacco pipe dream"

"You can't make that"

"You are money hungry and greedy"

Why is it that many people look to be against your desire to obtain financial independence? The ground why is because the stairway required to attain financial freedom is too uncomfortable for most people. Most people would wish financial freedom. However, they value security much more than than freedom. As a result, they give up on their dreamings of financial freedom for the security of a safe, secure occupation with benefits.

Security and freedom are not the same. They are actually very different value systems. For example, if you desire to do money, you can do money the secure way, by getting a job, or you can do money the freedom way, by starting your ain business. Let's direct contrast the two methods.

Getting a good occupation is a very secure manner of making money. When you have got a job, you cognize that after a given clip time period you are going to get a certain amount of money. Every twelvemonth or so, your money is increased a certain percentage if you make a satisfactory occupation and if you can learn further accomplishments you can get a promotion, which can increase the amount of money you take home. However, this security come ups at a cost of freedom.

Your employer states you what you have got got to do, when you have to make it and how you must make it. Your employer states you what hours you must work, when you tin take a break, when you can eat lunch, when you can take a vacation, how long that holiday can be, etc. If you take not to make things the manner you employer desires for them to be done, you will lose your employment and as such as you will lose your financial security.

Also, even if you make everything to the desire of your employer, there are outside military units beyond your control that can take your occupation away from you. Generally, there is a certain wage range that you measure up for based upon your occupation and you cannot transcend that wage range, unless you develop accomplishments for a different job. A good occupation supplies you with security, but it costs you freedom.

Starting your ain business is a very freedom manner of getting rich. However, you give up security. As a business proprietor you are free to make up one's mind what you desire to do, when you desire to make it and how you desire to make it. If you desire to take a two hr luncheon instead of a 1 hr lunch, you can make so and there's nothing anybody can make about it. If you prefer to work 12 hours 3 years a hebdomad and take the other 4 years off, as oppose to working 7 hours 5 years a week, you can make so.

In fact, once your business attains a certain level, you will be able to have money, regardless of whether you demo up to work or not. However, this freedom come ups at a cost of security. As a business proprietor especially at the beginning, you are not guaranteed any amount of money. One calendar calendar calendar month your business can convey in a large amount of money and then the very adjacent month, your business conveys in a 3rd of what you brought in last month even though you did the exact same thing in both months. Also, if you do mistakes, the money your business did do can be easily taken away from you through lawsuits, mulcts and mismanagement.

The large bulk of people that you meet have got a secure mindset. That is why it is very of import for you to seek out people with a freedom mentality to encourage you on your financial journey. One of the most hard things I have got had to discover on my journeying is the difference between a human race of security and a human race of freedom. On my job, I cognize when I'm getting paid, on the 15th and the 30th of each month. Iodine also cognize how much I'm getting paid.

With my business though, I don't have got a hint when I'm getting paid and how much. I can set an auction bridge bridge bridge on Ebay for three consecutive hebdomads and get no commands and then set up the same auction the 4th hebdomad and do the sale, without making any changes to my auction listing whatsoever. I can purchase stock and lose money on 5 consecutive trades and then on my 6th trade I do all the money I lost back and do even more than money on top of that. It takes clip to set to a human race of freedom when you have got been conditioned to dwell in a human race of security. As a result, you need people of the same mentality to encourage you on the way.

Making A Credit Card Work For You

A considerable obstruction standing between many Americans and the consumer commodity they see a necessary or desirable portion of life is a ready manner to pay for them. From a new piece of piece of furniture to a car or even a house an age old problem stand ups in their way: MONEY or rather how to get clasp of it.

A lucky few earn enough to never have got to worry about this problem. Many more than consumers have got lenders simply falling over themselves with offers of credit. For a batch of people, however, a poor credit history or a low credit evaluation stand ups as an grim difference between life the life they want, and looking with ageless enviousness at their neighbor. Even relatively low cost essentials, such as as a vacuity cleansing agent or telecasting set, can be too expensive if a manner of spreading the initial cost is not available.

But it doesnt have got to be that way. Credit is available for those with a lower credit scores, but better still: Borrowing even relatively small amounts can be a great manner for borrowers with a "chequered past" to better their credit rating. A better credit score can lead to an array of greater awardings in the future, including better APR deals and larger credit lines. If you have got a poor credit evaluation and dreamings of 1 twenty-four hours purchasing a house, a credit card is the first logical measure to pulling up your record and getting a mortgage.

Making regular monthly payments to an agreed timescale on a credit card is short of scooping a monolithic heritage from a long lost millionaire auntie one of the single best ways to better your credit score. So long as you dont take on more than debt than you can afford, credit cars are ideal: payments are reasonably sized and flexible, and if you budget properly can be structured towards an ultimate payoff

Moreover, you have got to be wise to how credit card companies work. Credit cards are designed by financial establishments as a manner to maintain you making minimum payments for old age to come up and enslaved to large interest payments from which they do many of their profits. Borrow only what you can, and pay back the debt as quickly as possible.

Of course, even when dealing with the very best lenders, trying to secure credit card funding with a lower credit evaluation makes throw up some problems.

Financial establishments will usually take a firm stand on a higher interest rate and sometimes may even inquire for a guarantor. The interest rate can be up to three modern times what a good credit borrower would be offered, although in these years of low interest rates, that need not be prohibitively expensive.

Always attempt and walk before you run. If you have got a high interest rate on your credit card, borrow sparingly and pay back quickly. That manner youll construct up your credit score and be able to get cheaper APR in the future, making larger purchases then far cheaper over the comprehensiveness of time. If you do a large purchase at a high interest rate and can only pay back the minimum payment each month, with interest charges you could be paying as small as just one of one-half of a percent of the existent balance each month.

Always maintain you balance under control. It can be easy to allow your credit card disbursement tally in extra of what you had planned. If you have got concerns that you might make so, inquire the lender to enforce an easily manageable credit limit. That manner you habit pass a dime more than you can afford. The worst clip to derive unmanageable balance is when interest rates are at their highest. Bash that and it can look like a lifetime before you get things back under control.

High-risk borrowers should always exert utmost cautiousness before entering into any financial obligation. Before even thinking about taking on any new financial obligation, see your budget and inquire yourself how much if anything you can afford. If you make up one's mind that you can, you should still be careful about choosing the right deal.

However, if you can get a credit card that you can manage well, the benefits are enormous. It will enable you to distribute the cost of larger purchases over manageable clip periods of time

Learning To Save Money

Everybody wants to save money, but most people think it is too difficult and their lifestyle requires them to spend what they are currently spending. However, there are many small changes you can make that do not adversely affect your lifestyle and will save you a great deal of money throughout the year.

One really good suggestion that can save a significant amount of money throughout the year that does not require a lot of effort is packing a bag lunch every day before you go to work. There are two benefits to doing this, which include saving money and better eating habits. When people eat out for lunch on a daily basis they generally spend at least $5 a day, if not more. If $5 is the minimum, and this is spent every workday, then an individual could save at least $1200 per year by simply taking their lunch to work. This money then could be used for family emergencies, investments, retirement plans, and the like.

Another good tip is to clip coupons and shop grocery store circulars. When you do this you will save so much money and not be putting forth much effort, either. Many grocery stores honor competitors coupons as well, so you should keep this in mind too. If you shop circulars and use coupons it is not unlikely that you will save $40 a week on your groceries. Be smart and take advantage of the discounts you will receive when shopping this way.

Another tip is to make sure you have the appropriate cell phone plan for the amount of minutes you talk. Too many people buy an inexpensive plan and continuously go over their minutes on a monthly basis and end up paying significantly more than they would if they bought a better phone plan.

Use your cell phone wisely. Many people buy a cheap phone package and then overspend on their minutes every month. If this is happening to you, upgrade your package and pay more on the front end, but save significantly when you do not go over your minutes and have to pay high rates.

This is important to keep track of, so check your cell phone statement to see your monthly minutes used, the amount in your cell phone plan, and the hours you most frequently talk. Then, work with your cell phone provider to find an affordable plan for you and your talking habits.There are a lot of ways to save money, you just have to be creative and know where you are spending your money. By following these simple tips you will not be changing your lifestyle very much, but will be saving hundreds of dollars each month which means thousands of dollars each year.

Mortgage after Bankruptcy - Bankruptcy Discharged Yesterday? Purchase a Home Today!

So you have got got been through a bankruptcy and surely have been told to wait at least two old age before applying for a home loan. Waiting two long old age without any warrant of being approved for a mortgage after bankruptcy can be disheartening. Fortunately, this advice no longer throws true.

Today, there is a growth realisation of the need to offer home loan merchandises that are specifically designed for borrowers with an imperfect credit or financial history. Mortgage programs have got got been created especially for borrowers who have gone through a bankruptcy. In fact, those with a bankruptcy discharged for even one twenty-four hours may apply for a home loan. That's right, if your bankruptcy was discharged yesterday, you can measure up for a mortgage today!

Now you are probably thinking that although you are eligible, it will be hard to qualify. The truth is that qualifying is much easier than you think. The fact that you have got been through bankruptcy is not even considered in the rating of your credit. Any liens, aggregations or judgements that look on your credit report will also not be used in the rating of credit and will not need to be paid off.

What is of import and what will be looked at is your credit score. Now here is the good news: with a minimum FICO score of 500, you are qualified to purchase a home with a 20% down feather payment. Having a credit score between 550 and 579 will allow you to borrow up to 95% of the purchase price; and with any score above 580, you are qualified for 100% financing.

With the competitory rates that are available on mortgage after bankruptcy programs, you are able to recognize the dreaming of homeownership with a mortgage payment that is low-cost and tantrums easily within your budget. Along with the traditional benefits of owning a home, such as as equity edifice and tax benefits, you will most importantly be rebuilding your credit profile. Additionally, you may also profit from the current strong lodging market and its appreciating home values.

So now you cognize the following: that you can measure up for a home loan today, what the credit demands for a mortgage are, and that you can reconstruct your credit and financial life through homeownership. Gone forever are the old age of waiting two years and life with the dim prospect of obtaining a mortgage after bankruptcy. You have got got worked hard to discharge your bankruptcy and have the fresh start that you were looking for.

There is authorization that come ups with the knowledge that you can purchase a home today even if your bankruptcy was discharged yesterday. So get qualified for a home loan, start searching for a home and get packing material those boxes!

Recent Bankruptcy? It's Not Impossible to Obtain a Home Loan

Because the new bankruptcy laws go into effect on October 17, 2005, more Americans than ever are filing for relief using the federal bankruptcy laws. The vast majority are simply overextended and cannot possibly repay the obligations they have open.

However, for many filers, the opportunity of homeownership may be possible immediately after discharge. Ironically, some those that would not previously qualify for a mortgage do qualify after a bankruptcy.

How is that possible? An example of this is Dave Olson (a fictional character). He earns $4,000 per month, spends $1,000 on rent,$250 on car payments, and $2,000 on credit card minimum payments. The DTI* (debt-to-income) ratio of this person is 81.25%. Since his credit score is low (600 middle FICO), the only option is a mortgage that requires full documentation. Most of those loans require a DTI of 50-55% maximum.

The Chapter 7 bankruptcy is filed and Dave gets a discharge. He reaffirms his auto loan and still rents for $1,000/month. However, now his monthly debt is much lower (($1,000+250)/4,000=31.25%).

The bankruptcy has actually increased his chances of obtaining financing for a purchase. Many times, the credit score is the same after the bankruptcy as prior to filing (unless creditors report incorrectly). By filing simple dispute letters with the three credit bureaus, those discrepencies can be cleared up within a few months.

It makes sense that borrowers are most ready to borrow for home purchases after bankruptcy because they cannot file Chapter 7 for 6 years, their obligations are lowered, and the property being purchased is secured. That means the lender can repossess the property if payments are not made timely.

There are some things to keep in mind if you are purchasing a home after a recently discharged bankruptcy.

1) A downpayment isn't always necessary, but it will improve the rate.

2) Most people opt for an Adustable Rate Mortgage (ARM) since the rates are much lower than a fixed and they plan to refinance in 2-3 years.

3) Most of these loans have a prepayment penalty that matches the fixed period of the financing.

4) Most lenders require cancelled checks or verification of rent paid not later than 30 days in the past 12 months.

5) A foreclosure before the bankruptcy is hard to overcome. A foreclosure as a result of the bankruptcy usually doesn't count.

Everyone's situation is different. To ensure the best service, be sure you contact an experience mortgage originator that will take the time to listen to your situation and explain all the possibilities. It shouldn't cost you anything to inquire.

A Simple Way to Save Thousands on Your Mortgage Charges

How many modern times make you check you eating house bill? If not often, I would counsel you to make it more, especially when dining on your overseas vacations. Still, much more than Americans check their eating houses bill, than the number of homebuyers, who check the charges for their mortgages.

There are two popular misconceptions about the mortgage surcharges. First – the charges are all the same because of the competition. Second – there is nil we can make about it, so why bother?

They are both wrong. The charges vary, sometimes within the same company depending on who their client is. And yes, you can reduce those charges substantially just by asking about them.

There us an old narrative about a waiter, who shows unreasonably high measure at the end of a meal. His client inquires very politely to see the listing of the charges. He travels over the points with the server 1 by one. Salad, yes, we had salad. Steak, yes, we had it. What is ‘successful’ for $95? I don’t retrieve ordering it. Shrugging his shoulders the server crosses the point out from the bill: “Most of the clip I am successful with that one, but sometimes I am not”.

You will be surprised how often this old gag is played on the unsuspicious clients at the mortgage closings. You can say: “But Iodine always check the charges myself. There was nil like that on my list”.

Yeah, you believe they would be stupid adequate to set the charges in the unfastened where you can check them? No, the charges are buried in the calculations of the interest and principal payments. Those calculations expressions are among the most closely guarded secrets of the lenders.

The lenders even have got a particular abbreviation for such as charges, P.O.C., which stand ups for Paid Outside of Closing. Those charges can be for anything, from a finder’s fee to your broker (or whoever referred you to them) to different kinds of mortgage insurance, which you are required to pay for, but it profits the lender.

They will struggle you tooth and nail, if you inquire them to let on that. Their most common reply to you would be: “Oh, we don’t cognize the inside information ourselves. Our computing machine makes the computations. It is our company’s private information.”

The lone manner for you to cognize exactly what the lenders are charging you is to calculate the monthly payments independently. They are trying to do this undertaking as hard as possible for you. They utilize complicated allocations, where they often change the amounts that spell to the interest and to the principal. Why? Because they don’t desire you to know.

So you might be thought that after a few old age your monthly payments have got got reduced your mortgage principal, when in world the principal changed small and all the money went to cover interest payments and a batch of other amusing charges, about which you never have been told.

How can you get this information? It can be yours for the asking. Of course of study you can begin getting replies like: “It is not in our computer. We need to tell an further report for that. I don’t have got this information.”

You can go on to deal with this people, if you wish. Just cognize that they are lying. And if they are lying to you now, what will forestall them to make the same later, when you are at their clemency as their customer.

The PDQ(tm) Factor

It’s the beginning of a brand new year: a time to set goals, make plans, and start afresh; a time to dream of making more money, having a more beautiful body, and experiencing more love. I can’t help you with your body or your love life but I can show you some tools for making more money this year.

Have you ever heard of the PDQ Factor ™? Probably not, but you probably have heard of the acronym PDQ, which means “pretty darn quick” and that can be expensive: think fast food, fast cars, and fast women. This PDQ, The PDQ Factor™ will save you money. In fact, it can even make you wealthy over time.

To illustrate…take an empty glass and set it under the water faucet. Now turn the faucet to a single drip, or a slow trickle if you’re really impatient, and watch the glass fill up. It takes a while but it does get full. If you were thirsty, it wouldn’t have been nearly as fast as turning the faucet to full force but it was just as effective. The PDQ Factor ™ is the slow trickle equivalent in the world of money. It stands for Pennies, Dimes and Quarters. Nickels count too, they just messed up the snappy title so we left them out; but don’t you leave them out of your investment toolbox.

Here’s an easy plan to make an extra $1000 this year. It won’t take much time or energy—really none at all. By investing just $2.74 a day—the cost of a designer coffee drink; a bad drive-thru meal; or 8 quarters, 5 dimes, 4 nickels, and 4 pennies, in just 365 days you will have an additional $1000 in the bank. Did you know that accumulating wealth is this effortless? Make a plan, stick to it and watch success sneak up on you in teen-tiny increments.

With no pain and all gain you’ve just set a financial goal; a goal that can be effortlessly reached by making a very minor tweak or two in how you live your daily life.

Break down your goal and see how many PDQ's it takes! And don't forget to start today!

Check out the following websites to save even more pennies:

www.getpennytalk.com

www.bankrate.com/brm/calc/minpayments.asp

www.refundlebundle.com

And recycle your cans and bottles to capture those nickels.

Happy and prosperous New Year!

Copyright 2004 Cindy Morus