If you are similar to most people you probably feel as though you could make more money and don’t really understand what you should do with what money you have. The super wealthy understand how to manage money and live the style of living many people dream about. I’ve discovered several tips that you can turn your money management around and make you far more wealthy than you thought possible.
According to an article in Popular Mechanics, one ounce of the Helium-3 has a projected price of $40,000 per ounce**. Why? Maybe because it’s been estimated that 40 tonnes of Helium-3 could electrify the United States for an entire year, that’s according to the Fusion Technology Institute at the University of Wisconsin-Madison’s website – back in 2004. Wanna guess how much an ounce of H3 is worth by today’s standards?
To get and keep your personal finances on track, you need to look at them the same way a bank would. To do this you must accurately to evaluate your current income and your current expenses. If you expect your expenses to fluctuate, always make a high estimate and if there is extra money after bills you should save it.
The newspapers and electronic media are flooded with ads promoting counseling and consolidation payday loans online no credit check instant approval. Benefits claimed by free debt consolidation help agencies are too numerous to list out. It is no wonder that the layman today is more confused than ever before.
But how does it work? In theory, you gather your debts. Let’s say you owe $5,000 on a department store credit card that charges 22% a year interest. That may sound exorbitant, but it is not all that unusual. The interest on a loan like that is $1,100 a year!
The Central Bank embarked on an easing cycle in July 2012, cutting the policy lending rate over six months to 11 per cent from 18 per cent. The policy rate, however, is more than 50 per cent higher than the seven per cent that obtained in July 2011. KNBS data released on Christmas eve showed that the economy grew overall by 4.7 per cent in the third quarter to September compared to 4.1 per cent in the second quarter ended June.
Ask your lender if your small business or commercial loan includes a pre-payment rider. This is a loan provision that requires you to pay a fee if you pay off your loan early. Sometimes your lender will remove it, or, offer you alternative loan options that do not include a pre-payment penalty.