June 12 2010 written by http://investingport.com/ staff
The most common and stressful disease in the world right now is the master epidemic call "debt", debt is easy to acquire but hard to treat or get rid off, a lot of people that tried to eliminate debt found them self sinking in debt even more because of lack of strict plan to pay off the debt. For anyone to be able to pay of their debt without filling a bankruptcy, they will have to be very carefully focused and dedicated to a new form of cheap life style; that is all that it will take to be successful at getting out of debt.
Cut off unnecessary spending.
Majority of debtors still found them self sinking in debt because they are used to lifestyle of unnecessary spending. Unnecessary spending are money spent on things that are not needed for survival. Imagine spending over $100.00/week on coffee from Starbucks or other name brand coffee stations, couple of hundred dollars on fast food or lunch when you can easily save money by bringing your own lunch,
to catch up on debt you Must do the stick to the following steps so you can get out of debt fast.
*Make your own coffee or get free coffee at work
*Stop spending money on fast food, cook your own food
*Take lunch to work from home
*Eliminate all phone accessories fees
*Stop shopping for expensive clothes
*Cut down on drinking and have a budget for what you need to survive daily
*Follow the above advice and you will pay off your debt in little time.
Do You think BP will survive
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How to get out of debt
Saturday, June 12, 2010Posted by investingport.com at 10:47 PM 0 comments
Labels: Debt
How to start a business
June 12, 2010 written by http://investingport.com/ staff
Starting a business is very challenging, although it will depend more on the type of business that you are interested in, the amount of funds you have to begin, advertising cost, the foundation of the business and sometimes the type of product or services that you have to offer.
The above points are the key factor to consider before starting a business, starting a business could be easy or hard. Anyone considering to start a business should first do their home work, get familiar with the product or the business plan, see what region or what area of market that the business you are planing on starting will be more successful at, know who your customer will be and how you will easily have your product and ads around your potential customers because this can save you a lot in terms of advertising so you are not marketing to a wrong crowd and as a result it will make starting your business more easier. When you do start advertising, track your ads performance, if you ads is not being productive, stop running it or reduce the amount you are spending on the less productive ads area and spend more money on the productive ads. See other business that are similar to the one you are starting, see how they manage to be successful and carefully follow their steps, this save you time and energy so you don't have to reinvent the wheels do the above and we assure you a successful business or do the hard way.
Posted by investingport.com at 10:11 PM 0 comments
Labels: Business. How to make money
What is a budget line
A budget line is a line stating that the combination of commodities that a consumer can buy with a given income at a given Set of prices. Budget line is also called budget constrain
Posted by investingport.com at 7:40 PM 0 comments
Labels: Budget line, Financial Dictionary
What is Adverse selections
Adverse selection is a type of market failure in which those people with the highest risk are the most likely to buy insurance. More broadly, adverse selection encompasses situations in which sellers and buyers have different information about a product, such as in the market for used cares and houses.
Posted by investingport.com at 7:37 PM 0 comments
Labels: Adverse selection, Financial Dictionary
What is Ability to pay principle
The principle that one's tax burden should depend upon the ability to pay as measured by income or wealth. this principle does not specify how much more those who are better off should pay.
Posted by investingport.com at 7:34 PM 0 comments
What is Arbitrage
Arbitrage is a purchase of a good or asset in one market for immediate resale in another market in order to profit from a price discrepancy. Arbitrage is an important force in eliminating price discrepancies, thereby making markets function more efficiently.
Posted by investingport.com at 7:32 PM 0 comments
Labels: Arbitrage, Financial Dictionary
Spirit to lose money as spirit pilots Went on strike satuday morning
June 12 2010,
All flights are grounded today as spirit airline pilots went on a lawful strike because they could not reach an agreement with their employers. The Airline had to cancel all flight today promising their passenger full refund or credit flight, this will be a huge lose of money for spirit airline, they may be forced to be responsible for some disappointment that they Will cause their client, as a result we think their earning will be shot of expectations.
Posted by investingport.com at 5:11 PM 0 comments