Posts Tagged ‘problem’

“When you label a past event ‘failure’ it prevents you from moving beyond the past….  ‘Failure’ is not a detail you can learn from.  Again, it’s a label that describes nothing except a feeling inside of you.  Details are what you can study and learn from….  The key to success is to solve hard problems….  Failure is not a hard problem.  It’s a label.  Failure is in the past.  Hard problems can be solved right now.” -James Altucher

“The problem is 95% of our decisions are based on our feelings.  It is robbing you of opportunity and joy.” -Mel Robbins

“Have you quit on yourself?  It’s that time of year when most folks give up on their New Year’s resolutions.  According to a survey from the University of Scranton, after one month, 46% of people have already quit working on their resolutions. 

And among the top resolutions is to start exercising.  I want you to walk.  Walking is easy, free, and just about anyone can do it.  Even better… walking helps you live longer.  A brand-new study from the U.K. showed that substituting 30 minutes of light activity, such as walking, for 30 minutes of screen time, cut risk of early mortality.

If you feel like you’re in a slump or have a problem with the blues, get out and get walking.” -Dr. David Eifrig

“At more than $1.4 trillion in loans outstanding, student loan debt is nearly four times bigger than all the debts of Greece.  And it’s still growing at nearly 20% a year… multiple times faster than the official rate of inflation.  Worse, the government’s own data has showed as much as 30% of this debt – nearly one out of every three loans – isn’t being paid or is already in default….

At more than 1,000 schools – representing about one-quarter of all U.S. colleges and trade schools – more than half of students have already defaulted or failed to pay even one dollar toward these loans within seven years of leaving school.  Across all schools, the data show as many as 40% of borrowers haven’t paid a single dollar toward these loans within seven years.  Looking at just the past three years, this number jumps to more than half – 54% – suggesting this problem is only getting worse, not better.

In other words, according to the government’s own data, at least 40% of this debt – representing more than $500 BILLION that has been packaged up, ‘securitized’, and sold to investors as ‘money good’ – will likely never be paid back at all.” -Porter Stansberry

“He (Seth Goden) says, quite correctly, that most people who buy books on entrepreneurship never get beyond the dreaming stage because ‘deep down inside, they don’t think they have what it takes to succeed’.  I don’t know if that is the most common fear of starting a business.  I wish it were.  But I’m afraid too many entrepreneurs have the opposite problem.  They don’t realize they don’t have what they need to succeed….  The solution to that fear is to put your plan on hold and acquire the experience to know what you need to know.” -Mark Ford

Japan faced its “lost decade” one decade before we did. And its government attacked the problem the same way our government has in the United States, with dramatically lower interest rates and dramatically increased government spending.

Twenty years later, Japan’s economy is still not growing. It still has extremely low interest rates. And thanks to all the government spending, Japan now has the world’s highest ratio of government debt-to-GDP. (Ominously, Japanese real estate has not started a recovery, either.)” -Steve Sjuggerud

“The problem, simply put, is that we cannot choose everything simultaneously.  So we live in danger of becoming paralyzed by indecision, terrified that every choice might be the wrong choice.”—Elizabeth Gilbert

“The least of the problems with income tax is that it takes your money.  The really big problem is that the income tax takes your life.  It gives the government direct access to the things you own and sets up the political-bureaucratic sector to be the final arbiter of what you can and cannot consider to be yours.” –Jeffrey Tucker       Happy tax day!

Extra Cash

Posted: April 8, 2014 in Money Matters
Tags: , , , , , ,

“The way to solve the problem you have [creating wealth] is by generating extra cash. Others won’t tell you this because (a) there’s no benefit to them in saying it and (b) most of them have no idea how to do that.” -Mark Ford

Perhaps you find yourself in a similar situation many Americans find themselves in, overwhelmed with a high level of debt and an increasing frustration on how to eliminate it.  The worst part of the whole situation is that you are most likely sick and tired of trying to overcome it by yourself; mentally drained from thought and worry.

These same irritations were true about my life.  I was simply fatigued from studying my debt, searching for a way out of what seemed to be an insurmountable situation.  Of course, there were various strategies available; experts explaining how to get out of debt.  Through my research, I began to realize the problem with many of these was the unknown.  No one could tell you how much money needed to be applied to different debts, what happens when your income fluctuates, but most importantly how long it would take to be debt free.  To me, the faster the better.

Finally, I came across a service that answered all of these questions and were specific to my financial situation.  It specifically provided the path to not only reduce debt, but build wealth.  A strategic interest-cancellation system, it puts your money to work for you using enhanced calculations.  To date, it has saved me $19,000 with the potential to save another $15,000.  I have been happy with the results.

Save yourself time and heartache.  Give this a look to see if it might be for you.  Click here to fill find out what it can do for you.