SAVING 35% — CUTTING DEBT—EARNING 35% MORE
SAVING 35% — CUTTING DEBT 35% — EARNING 35%
BEFORE THE PANDEMIC CORONAVIRUS COVID – 19 CRISIS THE SAVING RATE
WAS LESS THAN 10% FOR THE AVERAGE AMERICAN. SOME ARE SAVING MORE
AND SOME LESS. AS FOR DEBT, THE FEDERAL RESERVE, THE FEDERAL
GOVERNMENT AND CORPORATE AMERICA IS OUT OF CONTROL. DEBT DEBT AND
MORE DEBT.
!
WAYS TO BUILD WEALTH IN 2024 — BUILDING WEALTH BOOKS
!
STARTING A HOME-BASED BUSINESS IS THE SOLUTION TO EARNING AN
ADDITIONAL 35%. TO AVOID THE HIGH INFLATION CUTTING SPENDING IS A
SOLUTION ALSO.
THE MORE ANYONE HAVE THE BETTER OFF EVERYONE IS. IT IS ALL POSSIBLE FOR
ANYONE. LOTS OF BOOKS GIVE ANYONE WHO CAN READ, OR EVEN LISTEN TO
AUDIO
BOOKS CAN ACHIEVE WEALTH
IT IS NOT DIFFICULT. IT IS JUST TRYING TO ACHIEVE THIS AND MAKE SMALL STEPS.
BUILD OVER TIME ON YOUR SMALL ACHIEVEMENTS, IT HAS WORKED FOR MILLIONS
AND CAN WORK FOR YOU.
VALUE OF CUTTING SPENDING DISPOSAL INCOME
Your disposable income is necessary if you want to decrease payments to your
creditors when you can no longer afford the common contractual payments.
Debt management companies use your disposable to work out what you can
sincerely afford to repay your creditor commitments.
Below we have explained how to work out your disposable income for yourself
should you need to reduce your debts without contacting a debt management
company – that being said we would imagine a debt management company
would get a better response from your creditors as they are under no obligation
to accept any new payment arrangements and put this to them through a
the debt management company will normally yield better results.
Work out your income.
You will need to work out your income every month as most creditors
will prefer to have regular monthly payments.
The basic form would be.
This can be done by adding up your last 6 or 12 wage slips and dividing the total
by the number of wage slips you added. For example, if you added
together your take-home pay for the last six months you would divide the total
amount by 6 to give a normal monthly average of your take-home.
Work out your committed outgoings
Your committed outgoings are what you need to pay each month. With things like
your phone bill or water bill which you may be paying quarterly divide your
normal quarterly bill by 4 to get a monthly allowance.
After you have added all these together, which will ensure you, have made
allowances for the essential living costs we can deduct this from your monthly
take-home pay. What’s left is your disposable income and what you can genuinely
afford to pay your creditors. MAKE MONEY NOW
What amount of my disposable income should my creditors get?
Your disposable income should be spread around your creditors you owe the
most to get paid the most. This is normally referred to as payment pro-rata,
which can be worked.
Owing to a total of 10,000 to 3 creditors with a disposable income of 200
Creditor A 5,000 Creditor B 3,000 Creditor C 2,000a Total owed 10,000
First, we need a percentage of the total debts you owe to each creditor. To do this
you would take the amount owed to the creditor, divide by the total owed
and multiply by 100.
Creditor A= 5,000 ÷ 10,000 (total owed) * 100 = 50% Creditor B= 3,000 ÷ 10,000
(total owed) * 100 = 30% Creditor C= 2,000 ÷ 10,000 (total owed) * 100 = 20%
We then apply these percentages to your disposable income as follows.
Disposable income is 200
• Creditor A 200 ÷ 100 * 50 = £100
• Creditor B 200 ÷ 100 * 30 = £60
- Track your spending for at least a month. You can use a budgeting app or spreadsheet to help you do this, but a small, pocket-size notebook could also work. …
- Find the fat and trim it. …
- Set a savings goal. …
- Put saving on automatic. …
- Find high-yield savings.
What is the number 1 key to building wealth?
The first step is to earn enough money to cover your basic needs, with some left
over for saving. To create a financial plan, consider your personal goals, which
may include buying a home, saving for retirement, or putting your kids through college.
Why cut spending now??? Inflation is above 8% and climbing.
The Federal Reserve has raised interest rate in an effort to slow the
economy and bring inflation under control. If the Federal Reserve succeed
then products you plan to purchase now will be cheaper.
$
Why cut spending now??? Budgeting/Budget is another way to fight
inflation. Monitoring where your money going/controlling expenses is another
why to fight inflation.
$$WEALTH STARTING BUSINESS ON A SHOESTRING BUDGET YEAR 2023
Caution rather than a great regret in this inflation crisis.
Keep in mind the Federal Reserve policies will take time to get
inflation under control. In the meantime start your own financial control plan.
With modern communication technology comes the popularity of
information-based marketing, which is one of the oldest and most effective
techniques in getting targeted prospects to sites and converting them into.
This is why article writing, submissions and publications are also getting popular.
internet business plan, small business advertising, business newsletter, business
location, business competitors, business website, search engine optimization,
ay-per-click marketing, business marketing tips
To all writers and non-writers out there, now is the time to start digging up
those creative writing skills back.
With modern communication technology comes the popularity of information-based
marketing, which is one of the oldest and most effective techniques in getting
targeted prospects to sites and converting them into buyers.
This is why article writing, submissions and publications are also getting popular.
There are already many tools that people can use to make the process of
their article.
Though this is invaluable in getting the contents more exposure, which is only
half of the story.Let us take a look first at the common mistakes that some
people make before submitting their contents to article directories:
1. Confusing the reason to promote the articles with the reason to write them.
In article writing, there are three key benefits why you are promoting them;
branding, lead generation and promotion, which are all part of your
optimization efforts.
But there is only one reason why you write an article, and that is to inform
your audience. If the article is not focused on this primary and most important
purpose, it will fail to achieve the three promotion benefits because no one will
be interested in reading them.
You need to figure out first how to get people to read what is in your article,
then make them click on your resource box. You can achieve this by producing
better contents.
2. Failing to maximize the promotional opportunities of article marketing.
You may know already that your articles can help you generate additional links
back to your site.
But do you know that you can get more visitors and better search engine results
from that same articles?
Mention keywords at strategic places. Just be sure not to overdo them.
Some are even using anchor texts which is also an effective method. But it is
important to know that majority of the directories are not able to support this.
Remember that is not only about the links back to your site. Part of doing well in
your article marketing is getting picked up by publishers with a large number of
audiences and gaining the ability of leveraging other brands because of the
quality of your work.FINANCIAL FREEDOM — HAVE YOU THOUGHT ABOUT STARTING A BUSINESS???
Better search engine results also are great benefits.
But these things do not put much money in your pocket. There are other factors
that can turn your article marketing efforts into an opportunity that can boost
your earnings. Not just increase the number of visitors to your site.
Start out with a plan and see to it that your article will serve the function that you
intended it to have.
3. Publishing content that does not help your readers.
Maybe in the process of writing articles, you are thinking that all that is you
wanted is links back to your site. And any visitors it can generate are fine.
Guess what? Not all article banks and directories are going to accept your
content automatically. Oftentimes, they have some guidelines and specifications
on the articles that they are accepting.MAKING MONEY FROM THE INSIDE OUT — BUILDING WEALTH AND FINANCIAL FREEDOM
You can double the number of sites you can submit to by writing articles that
the directories want to share with other people.
All it takes is one publisher with a hundred thousand readers to increase your
potential audience overnight.
Write the articles that publishers want in their publications if you want your article
marketing to work the most effective way for you. This also means you have to
obey the standard guidelines, spell checks, researching on a good topic and even
hiring a writer to produce a good content on your behalf.10 CRITICAL BUDGETING STEPS TO FINANCIAL FREEDOM
In the end, it is all really a matter of choice on your part. You can start getting a
little exposure from increased links back but on a very basic level. Or enjoy massive
exposure from a little extra time making quality contents.
It will be your choice. You may not be aware of the fact that an article submitted on
directories is not meant to have the same level of exposure as highly-targeted
content ones geared on a narrow group of people.
Learn the difference between these two and it will surely help you know what kinds
of articles to write .10 CRITICAL BUDGETING STEPS TO FINANCIAL FREEDOM