My Financial Blog

Entries from July 2007

Significantly Increase Your Cash Profits By Using This Strategic Marketing Tip Sheet

July 15, 2007 · Leave a Comment

 

How many people do you see per day? This tip sheet will give you an arsenal of people who you can market your flyers, postcards, direct mail and newsletters. This is no different from any other business except you practically have no overhead. In order for any business to survive they MUST have customers.I am going to be the first to tell you, if you don’t have customers, you will not have any business coming in, point blank! No cash flow. So if you want to be successful in your business, use the ideals here to jump start your business. Don’t let this great marketing plan sit on the shelf.

If you been having financial problems, need to increase your sales or need a incredible explosion lead generating list, well this is your ticket.

No one needs to know how you’re generating business but you. You now have the secret to success.

Here are ideals niches you can use to advance your promotion. Give your marketing material to the list below.

1. Friends, neighbors, people walking in the park.

2. PTA meeting.

3. Church meeting, pastors, deacons, church members; other churches.

4. Your hair stylist, person who details your car.

5. Best friends.

6. Business contacts.

7. Take some with you to the restaurant.

8. Parents of your baby- sitter, parents of your children friends.

9. Mail to out of town relatives/friends.

10. Place batches in high traffic areas: Malls, supermarkets, laundromats and

pass out in parking lots with permission. Bowling alleys.

11. Acquaintances, waiting on bus line.

12. Place in shoppers/newspapers.

13. Mail to a list of businesses in the yellow pages or a list to residents in the white pages.

14. Your auto mechanic, carpet cleaner, landscaper.

15. Have your friends and relatives pass them along to people they know. (Then take them out to dinner)

16. If you own a business, mail to your customer list or rent a mailing list.

17. At your next seminar.

18. Don’t throw away your junk mail, instead sent them your letters.

19. Collect business cards and send them your letters.

20. Real estate agents, homeowners, car buyers; apartment renters.

I just giving you a never ending supply of hungry prospects who need your information. You never have to ask yourself who can I send or pass a letter, postcard, flyer or newsletter to again. All you need to do is come back to your source of ideals and there you will find thousands of names, your unlimited source of profit.

Decide how much your monthly budget will be if you use mail and a print shop. Don’t mail to every list, pick about 3 or 4 sources to distribute your marketing material. Pick from the above list. You are now in control of your destiny.

You can distribute your marketing material anywhere in the world you see fit, you have no territory boundaries. This is the only marketing plan you need, do not make this hard. Just prepare your material, print and distribute, that’s all there is to it.

The more you distribute to your niche market, the greater your return. You could easily fund your retirement or make enough for that down payment on a home.  It’s now time to create a wonderful and exciting life for yourself, have fun.

Categories: Marketing

Do You Make These 22 Mistakes With Your Personal Finances?

July 14, 2007 · Leave a Comment

If you are worried about your financial future, you do have reasons to be concern. There are people in this world who put in over 20 years of working for someone else and cannot write a check for $5000 when they retire. You have been plague with high interest rates, consumer debt, credit cards, adjustable and interest only mortgage loans without any thoughts for the future.

I have outline 21 mistakes we make that is bringing disaster to our finances and our future. Look at the list below, if you fall into one of these situation, seek help now to fix it. Some of these mistake you can fix yourself, others you may need the help of a financial professional.

Mistake 1. Cash advances from your credit cards to pay bills and making just the minimum payment every month.

Mistake 2. Paying your bills after the due date, accumulating late fees. Your creditors loves you for this. It increases their yield.

Mistake 3. Refinancing your home to consolidate your debt just to find yourself back in debt again.

Mistake 4. Borrowing against your tax refund in the form of a (RAL) Rapid Refund Loan. This is highway robbery.

Mistake 5. Borrowing from your credit cards to pay another.

Mistake 6. You frequently borrow from friends and family, swearing you will pay them back and never do. You might be closing this door forever.

Mistake 7. You are one pay check away from being broke or homeless.

Mistake 8. Suffering from the something for nothing disease. You want to benefit without putting anything in.

Mistake 9. Taking disposals income spending it frivolously, playing the lottery or gambling, instead of investing it.

Mistake 10. Married couple working, both qualify to purchase more house, one lost a job or got sick, no savings and now both are facing foreclosure and contemplating bankruptcy.

Mistake 11. Not having a savings at all and writing bounce checks.

Mistake 12. Involved in get rich quick scheme. Giving money to investors without conducting a back ground check on the individual or company.

Mistake 13. Never establishing an emergency fund.

Mistake 14. You consolidate your bills into one payment and go out to apply for more credit.

Mistake 15. Not reviewing your credit report every six to twelve months.

Mistake 16. You frequently pawn your jewelry, DVD‘s, electronics, car title and use those payday advance loans.

Mistake 17.  Not having a financial plan or speaking to a financial advisor.

Mistake 18.  No tax planning to maximize tax deductions.

Mistake 19.  Not trying to increase your knowledge base to increase your wealth.

Mistake 20.  No life insurance planning or protection (life, health, auto, home and disability).

Mistake 21.  Not starting your business that you been thinking about for years.

Mistake 22. Having a negative attitude and being around negative people.

Now that I have outline these mistakes to you, make a plan within the next 30 days to see how you will correct them. Do not allow your personal finances to explode to a point that you could lose everything you have.

Categories: Financial Planning

Discover The Little Know Simple Secrets On How You Can Make Money Blogging For Profits

July 13, 2007 · Leave a Comment

Learn how you can hit the ground running with your blogging machine

How would you like to get a steady stream of new visitors to link to your blog page? How would you like to get paid by them while visiting? Well, you can but first let me explain The are two major types of business models that online marketers use to make money blogging.

The first and most general way to turn a blog into a profit making machine is to sell advertising to different companies and brands who want to reach that blog’s readers.

The next kind of money making blog is one that helps a single brand improve its image by creating positive links between the blog and the product in the mind of consumers. Both kinds of blogs can make a lot of money, especially if the creator has a keen mind for marketing.

If you are going to deliver blogging posts with the goal of selling advertising, there are two basic ways that you can go about recruiting sponsors who want to put ads on your site; you can let someone else do all of the legwork, or you can do the work yourself and keep all of the revenue. Within the first group, many online marketers make money blogging by selling space through Google’s AdSense program.

The advantages of this program are several, as it requires very little effort on the part of the blogger or webmaster to begin raking in profits. However, most people discover that they make less money through this method than they had hoped that their blog would earn.

Advertising directly to companies who want to put banner ads or sponsored links on your blog can take quite a bit of time, but it is often fairly profitable. If you have a lot of contacts in industries that are related to the topic of your blog, you may want to try to go this route.

Online blog users who have a strong background in sales and are experienced at pitching proposals can make quite a bit of money by renting blog space to interested companies.

The most serious problem with this model is that you often have to build quite a sizable readership before you can attract advertisers, which can mean that you have to do several months of work before you start to make money blogging.

As blogging becomes a more and more lucrative business, a lot of well know companies are considering how they can get into the money making picture. One way that companies are capitalizing on the blog society is by having blogs that provide a kind of friendly face for their corporation.

Often, a company will employ an well know skill blogger to create a weblog designed specifically to appeal to that company’s customers list and to create positive associations with the brand in consumers’ minds.

More than one writer who never even dreamed that he or she could make money blogging has been approached by a company and offered quite a pretty penny for this kind of engagement.

This world is a gold mine for the motivate person who want to start an online blogging business. There are many ways to get going, you might decide to do Joint Venture marketing whereby you will promote other products belonging to other advertisers.

 Danny Warner provides excellent information on this topic, check him out: Click Here! 

You can create membership sites, allowing your visitors to pay a monthly fee for new products that will allow them to sell to their customer list.

Turn your blog into a E-book, if your blog provides outstanding content, you may have a heavy demand for your topic. Turning your e-book into a pdf., adding a link to your click bank account could provide tremendous profits for you.

Categories: Marketing

How You Can Quick and Easily Raise Your Credit Score by 150 Points

July 13, 2007 · Leave a Comment

Use this simple technique to improve your credit rating fast

 

How would you like to give your credit rating a financial upgrade? Well, now you can. I am going to share with you a simple little strategy that will increase your credit score from 150 to 200 points. But first, let me tell you the mistakes you need to avoid before you get started.

If you been watching TV and saw a commercial selling cars, furniture or rent to own equipment telling you that you can re-build your credit by coming on down and sign up for their product, don’t do it that way. That is the most expensive way to re-build your credit, not to mention being tied into a two to four year agreement.

A quick way to rebuild your credit is by signing up for two to four credit card. These credit cards are design for people who currently have bad credit. They come with a credit limit between $300 to $500. That’s all you need to put this plan into action.

You are not going to purchase any furniture, movie tickets or buy groceries with your credit cards. The purpose of these cards is to re-build your credit re-rating. Here is a list of the cards I recommend that will make this plan work.

1. Orchard Bank 2. New Millennium Bank 3. HSBC Secured MasterCard 4. Capital One

Some may require a security deposit. Request an application, complete it and mail it back to the credit card company. About a month later you should have your card. Now the easy way to do this is to go by the gas station and pump gas in your car.

Look! You were going to pump gas anyway and to do it, you needed cash. So rather than use cash now, put that money into an envelope for later. Pump whatever amount you where going to pump and pay with your credit card. When your invoice comes three to four weeks later, take the money from the envelope and pay your bill. That’s it.

Use the same method with all your cards. You will see a tremendous improvement with your credit. And since you are cleaning up your credit, use other methods to remove the negatives from your credit report.

There are a few credit cards that I do not recommend. Once your credit starts to improve, your mailbox will be filled with all kinds of pre-approved credit card offers. If you are still trying to increase your score and want to apply to these offers, here is what to look for that will damage your credit again. Take out the Terms and Conditions, look where the annual fees are mention. If you see where the credit card company is requiring a participation fee, WARNING! you will be back in debt before you can come out. Don’t sign up for these cards.

If your credit limit is $300 on one of your cards and you have a annual fee of $60 and a participation fee of $72.00, you are already in the hold $132 with a available balance of $168. Some companies take the annual fee and the participation fee up front when you activate your card.

Once your credit starts improving you will see less of the annual fee. Use the method I showed you. It’s less complicated, easily to implement and a whole lot cheaper.

Never pay a process fee for a card. All you are doing is paying someone commission for mailing you a application. You can apply yourself and save your money.

 To learn how to become debt free in 3 to 5 years, go to: Click Here!

Categories: Financial Planning

How To Avoid Five Business Credit Mistakes

July 12, 2007 · Leave a Comment

 

Lets face it, you want to grow your business but realize you are at a stand still and you need additional line of credit, new vehicles, bigger building & new equipment. So you decided to build your business credit in order to grow your company.

You should grow your business but I want to point out five things you need to beware of before taking your first step. Otherwise, you may grow weary if things don’t go right.

First. Contrary to popular opinion, a bank is not going to extend a significant amount of credit to your business if your personal credit is damage. I know you have been told that you can get business credit without a personal guarantee.

That may be true with trade credit, but if your business is new to business credit, trying to acquire a Visa or Master credit cards without a personal guarantee is going to be difficult.

If your company is not producing several million dollars in sales a year and have 25 – 50 or more employees; yes! your credit will be check.

You will need to clean up your personal credit before applying for a Visa or Master business credit card. (note: who is going to grant you $35,000 in business credit without checking you out first?)

 Second. If you are planning to incorporate your business, make sure you set up your structure properly. If you set up a corporation just to acquire business credit, you may have a problem with the taxing authorities. You need to operate your business like a real money producing company.

Third. Some companies will want to check your Dun and Bradstreet profile, if this is a requirement, you will need to set this up. If you already have a Dun and Bradstreet profile, review your business credit just like you would your personal credit report before applying for credit.

Four. Before you go out and apply for a business loan and you have not establish a business credit profile, you are not going to get the loan, however; there are other sources you can tap into. Friends, family, home equity, sale un-wanted items, partnership and advertise for capital just to name a few.

 Tip: Once you have your personal credit in shape, you are going to be flooded with all kinds of credit cards offers. You can apply for these cards with a credit limited from $1,000 to $7,500.If you qualify for $7,500 on three cards, that’s $22,500 without a business plan. Sound great! ( I though you would like that tip. )

Five. Keep your personal credit and your business credit separated. Do not deposit personal funds into your business account. If you do, it shows additional revenue into your business account and therefore, you will need to write a statement indicating where the additional fund came from in case you are audit.   To learn more: Click Here!

Categories: Small Business

Welcome To My Financial Blog.

July 12, 2007 · Leave a Comment

Have you ever wondered why some people seem to have a knack for making money, starting a business or making smart financial decisions? It’s because they equip themselves with knowledge.

In this blog, I want to do the same for you. I want to equip you with information that will allow you to make smart money decisions. You and I will share ways to make more money, repair credit and start businesses that will provide you with income streams.

We will talk about the dos and don’t of investing, the danger signals in real estate and how to properly market your business. I have included some good links that will provide you with more detail on your quest.

Let’s face it, if you desire to improve your financial situation, that in itself will not work. You will have to act on your desire to be a winner. And to do that will require knowledge and taking action.

It wasn’t a mistake coming to this blog. The real facts about your finances will be reveal to you in the coming blogs. Together, we will avoid the pitfalls that await us. I welcome your comments and suggestions.

Let us discover the true hidden wealth in the marketplace.

Categories: Uncategorized

Hello Wealth Builders:

July 9, 2007 · 1 Comment

Categories: Uncategorized