Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Tuesday, June 10, 2008

"Don't Let Money Blind You,Life Is Not All About Money & Power

Is Money Really the Root of all Evil?

Is money really the root of all evil? This familiar quote "money is the root of all evil" rings true to you, right?

Perhaps not all of us hate money but for me, I detest money. Generally, everyone would think that money is a necessity. Yes, it is. In fact, we need it to buy our food, pay for our shelter and for other necessities in life. But however loathsome money can be we are required to have it.
Reasons why I detest money?

1. Money breeds hostility and greed. I remember the film "Missionary Man" here. A rich local businessman named Reno wants nothing to stand in the way of his plans to build a casino on an Indian reservation. Reno's character portrays our human nature of insatiability, humans are not always satisfied.
If we seem to have it all as manifested by material riches such as in real estate properties, acquired businesses, cars, fame, fortune and power we only crave for more even in the expense of the lives of others. Thus, our dark side and the monster in us grow. We do whatever it takes to get what we want, the evil way - in hostility. Rambler's adage best describes this. "Eagerness for increase of possession deluges the soul, and we sink into the gulfs of insatiability."

2. The desire to have more can bring about war and destruction. Massive acquisition of power, properties and people cause superpower nations to annihilate and begin wars.

3. It leads to envy. When we see people who are far richer than us and they can get and buy what they want, it means we are becoming envious of what they have that we can't have.

4. Generates negative traits and acts of theft and robbery. One can only imagine what goes through a mind of a robber and what motivates a burglar to break-in a mansion.

5. Destroy family ties and break relationships among friends, colleagues, and love ones. More often than not, we observe that families get broken because of fiscal issues for either insufficient money is not produced to sustain the family. Friendships and business partnerships are torn for lack of responsibility in handling their money and support what they are accountable of such as in rental bills and business expenditures.

Truly, we desire and yearn to acquire to have more money in this object-oriented world brought about by consumerism. Money can be the root of all evil if one's intention is primarily directed to one's self. But when one is aware and conscious of all his actions and even his thoughts including his desire, intention or goal and can manage his money wisely and handle it for a good purpose, it does not become evil. Lead yourself in dealing with your money in a positive manner towards your happiness and peace of mind.

Thursday, June 5, 2008

"What is more important Money Or Education?"

Money and Education?

In my perspective education is very imporatant that someone should prioritize in their lives.I believe that life is a continuous learning field.We should feed our minds to function well.

We attend school to earn a degree & have a nice job or pursue the career that we want,attaining an education helps us fing better jobs & position in the society.The more you know the more edge you have conquer your dreams.



Education is a wealth that once you had acquired no one can get it from you.The only thing you that you can bring with you no matter where you go.Something you can be proud & cherished.

Money is just a tool to buy things & pay for services but education is a tool that you can share to all people you could encounter in your entire life.


But even Education is very important in man's life in order to have advantage in our evolving modern society it doesn't mean that if you had no or you lack education it does not make anyone a lesser person but i still encourage people to acquire a good education that they can use as a tool in achieving their dreams.

Thursday, April 10, 2008

"Seven Things That Can Wreck Your Life"

Sex ... Money ... Power ... Fame ... Good Looks ... Ambition ... Success

If any of these Seven become tangled up in the Seven Deadly Sins (Lust, Gluttony, Greed, Sloth, Wrath, Envy, and Pride), look out! Otherwise, they are simply to be enjoyed, but not to bet the farm on - it's only when we begin to grasp blindly at these things that we head down a precarious and deluded path. Grasping blindly means that we see these as some kind of truth, an unchanging truth where can find our eternal security and happiness. This is of course impossible; these seven things are transient, and they will disappear in a short period of time.

An ignorance of their extremely temporary status, combined with a refusal to acknowledge or even be aware of spiritual things beyond these temporal things, sets us up for tremendous suffering. When we expect things to be good, and they turn out not to be, this is a basic ignorance of how things really are.

If these seven things were ultimate truths, why must we continuously relive them?

Sex can be a bother. It's not as if you can have sex once and say, "There, that's it! I'm satisfied!" No, you will have to revisit sex maybe as many as 18,000 times in a lifetime, or more!

And money can be such a worry. We worry about getting it, then holding on to it, how to spend it wisely, and how to get even more because we never feel that we have enough. Few rich people have a peaceful mind (until they give it all away).

Power is an enemy creator; someone will always be jealous of your power and want to take it from you. Few respect power; they respect leadership, power intimidates them.

Fame is a real inconvenience. Once we become famous and our lives become public property, seclusion is no longer an option. The short-lived high of attention quickly becomes a long-term liability.

Good looks, unfortunately, fade just as sand slips through an hourglass. Even with face-lifts and other cosmetic improvements, our speech and mannerisms change and give us away, as we worry constantly about getting old.

Ambition isolates us. When we become overly ambitious it's a bet that we become self-centered as well, and self-centeredness is the opposite of compassion.

Finally, worldly success is always destined for failure in the end. Success means that we have temporarily attained our intended purpose, but since everything in the world constantly changes, our success is always short-lived.

These seven things - Sex, Money, Power, Fame, Good Looks, Ambition, and Success never work out as well as we imagine they might. On the other hand, poverty, powerlessness, infamy, common looks, non-ambition, worldly non success, and the absence of sex; these are more or less the realities of a monk or nun's life, and perplexingly, lead to happiness.

Taking a stand between these extremes is what works for most people: Sex, but responsible sex; money, but only as much as you really need; control, but not overbearing control; distinction, but always an underplayed distinction; natural appearance, not false representations; goals and aims, but within the restrictions of non-greed and honesty; and finally, success, but not restricted to only the world - success must include a sincere reaching out toward our Ultimate Reality.

Then the seven things that can wreck your life may change into the seven things that can save your life: Virtue, generosity, loving kindness, serenity, truthfulness, determination, and wisdom.

Friday, April 4, 2008

"How to earn Extra Money"

Ways to Earn Extra Money

12 Easy Ways to Increase Your Income

Looking for ways to earn extra money? Then, consider these ideas:

Sell Things You No Longer Need

Are things that you no longer need or use cluttering up your home? Then, turn them into cash. Sell any items of value on Ebay, in the newpaper classifieds or at a consignment store. Then, have a yard sale to sell the rest.

Get Paid for Your Time Online

Did you know that there are companies that will pay you to read e-mails, to do web searches and to complete other online activities? It's true. Sign up with several of them, and get paid for the time that you spend online. Check out Volition.com for a list of companies to consider.

Get Paid to Take Surveys

Turn your opinions into cash by answering online surveys. Just sign up with several survey sites, and wait for the survey invitations to roll in.

Have Your Car Wrapped

Do you spend a lot of time on the road? Then, consider turning your car into a rolling billboard. Many companies–big and small–are willing to pay to have your car "wrapped" with their advertisements.

Earn Money from Hobbies

Hobbies usually cost money, but that doesn't have to be the case. Find ways to turn your favorite pasttime into a source of income, and enjoy playing for profit.

Bank for Profit

Many banks – on and offline – offer cash incentives for opening a new account (anywhere from $25 to over $100). Take advantage of these offers, and turn banking into a more lucrative experience.

Blog

Have knowledge that you'd like to share with the world? Then set up a blog, and put in the work to monetize it.

Get a Paper Route

Paper routes aren't just for kids with bicycles any more. If you have a reliable vehicle and a need or desire to boost your income by several hundred dollars a week, a newspaper route could be the answer. Talk to your local newspaper to find out what routes they have available in the area.

Tutor

Are you a math whiz? A grammar pro? A chemistry master? Then, become a tutor, and transform your knowledge into a paycheck. Just advertise where parents are likely to look – on campuses, at the library, in the newspaper – and you'll soon build a list of clients.

Deliver Phone Books

Someone's got to deliver all those phone books, and it may as well be you. Contact your local phone company to find out what you need to do to apply for the job. Then, hussle those books from door to door for some extra green.

Note: Often phone companies will place an insert in with your phone bill to announce their need for deliverers. Keep an eye out for this advertisement, and act quickly when you see it.

Become a Mystery Shopper

Like to shop? Yep, you can get paid to do that too. Sign up to become a mystery shopper, and turn your trips to the mall into a source of income.

Recycle

Your trash can or cluttered garage could be yet another source for money. Aluminum, steel and many other materials can be recycled for profit – now, that's good news for your bank account and the environment.

Tuesday, March 4, 2008

"HOW TO SAVE MONEY"

"Saving money is one of those tasks that's so much easier said than done. There's more to it than spending less money (although that part alone can be challenging). How much money will you save, where will you put it, and how can you make sure it stays there? Here's how to set realistic goals, keep your spending in check, and pay yourself first. "

Set savings goals. For short-term goals, this is easy. If you want to buy a video game, find out how much it costs; if you want to buy a house, determine how much of a down payment you’ll need.

For long-term goals, such as retirement, you’ll need to do a lot more planning (figuring out how much money you’ll need to live comfortably for 20 or 30 years after you stop working), and you’ll also need to figure out how investments will help you achieve your goals.

Kill your debt first. Simply calculating how much you spend each month on your debts will illustrate that eliminating debt is the fastest way to free up money. Once the money is freed from debt payment, it can easily be re-purposed to savings.
Have a hobby? Match your funds.

One important habit for saving is if you have a hobby, such as model airplanes, scrapbooking, dirt biking, scuba diving, etc., set a hard and fast rule that whatever you allow yourself to spend on your hobby, you match those funds to your savings. For example, if you buy yourself a $45 pair of riding gloves, another $45 goes to your savings.

Serious about saving? Try doubling your matched funds! These savings plans will do two things: Save money regularly and quickly, and really show you how much you are spending on your hobby, when it costs you twice as much!

Establish a timeframe. For example: "I want to be able to buy a house two years from today." Set a particular date for accomplishing shorter-term goals, and make sure the goal is attainable within that time period. If it’s not attainable, you’ll just get discouraged.
Figure out how much you’ll have to save per week, per month, or per paycheck to attain each of your savings goals. Take each thing you want to save for and figure out how much you need to start saving now. For most savings goals, it’s best to save the same amount each period. For example, if you want to put a $20,000 down payment on a home in 36 months (three years), you’ll need to save about $550 per month every month. But if your paychecks amount to $1000, it might not be a realistic goal, so adjust your timeframe until you come up with an approachable amount.

Keep a record of your expenses. What you save falls between two activities and their difference: how much you make and how much you spend. Since you have more control over how much you spend, it's wise to take a critical look at your expenses. Write down everything you spend your money on for a couple weeks or a month. Be as detailed as possible, and try not to leave out small purchases. Assign each purchase or expenditure a category such as: Rent, Car insurance, Car payments, Phone Bill, Cable Bill, Utilities, Gas, Food, Entertainment, etc.

Keep a small notebook with you at all times. Get in the habit of recording every expense and saving the receipts.

Sit down once a week with your small notebook and receipts. Record your expenses in a larger notebook or a spreadsheet program.

Trim your expenses. Take a good, hard look at your spending records after a month or two have passed. You’ll probably be surprised when you look back at your record of expenses: $300 on ice cream, $100 on parking tickets? You’ll likely see some obvious cuts you can make. Depending on how much you need to save, however, you may need to make some difficult decisions. Think about your priorities, and make cuts you can live with. Calculate how much those cuts will save you per year, and you'll be much more motivated to pinch pennies.

Can you move to a less expensive apartment or house? Can you refinance your mortgage?
Can you
consolidate your debts so that you're not paying as much interest?
Can you
save money on gas, or give up a car altogether? If your family has multiple cars, can you bring it down to one?
Can you drop a land line and only use your cell phone?
Can you live without cable or satellite TV?
Can you cut down on your utility bills?
Can you restrict eating out? Buy food in bulk? Cook more at home? You might be able to
save a lot of money on food.

Reassess your savings goals. Subtract your expenses (the ones you can't live without) from your take-home income (i.e. after taxes have been taken out). What is the difference? And does it match up with your savings goals? Let's say you've decided you can definitely get by on $1500 per month, and your paychecks amount to $2300 per month. That leaves you with $800 to save. If there’s absolutely no way you can fit all your savings goals into your budget, take a look at what you’re saving for and cut the less important things or adjust the timeframe. Maybe you need to put off buying a new car for another year, or maybe you don’t really need a big-screen TV that badly.

Make a budget. Once you’ve managed to balance your earnings with your savings goals and spending, write down a budget so you’ll know each month or each paycheck how much you can spend on any given thing or category of things. This is especially important for expenses which tend to fluctuate, or which you know you're going to have a particularly hard time restricting. (E.g. "I will only spend $30 a month on movies/chocolate/coffee/etc.")

Stop using credit cards. Pay for everything with cash or money orders. Don't even use checks. It's easier to overspend when you're pulling from a bank or credit account because you don't know exactly how much is in there. If you have cash, you can see your supply running low. You can even bundle up the predetermined amount of cash allocated for each expense with a label or keep separate jars for each expense (e.g. a bundle/jar for coffee, another for gas, another for miscellaneous). As you pull money from a jar for that particular expense, you'll see how much remains and you'll also be reminded of your limit.

If you need to have credit cards but you don't want the temptation of having them available to use day-to-day, restrict that section of your wallet with a note or picture reminding you of your savings goals.

Remember: cards are not inherently evil; it's all about your self control. If you use them responsibly (i.e. completely pay them off every month), you can benefit from them, as some cards offer cashback on the purchases you make.

Open an interest-bearing savings account. It’s a lot easier to keep track of your savings if you have them separate from your spending money. You can also usually get better interest on savings accounts than on checking accounts (if you get interest on your checking account at all). Consider higher-interest options such as CDs or money-market accounts for longer savings goals.

Know where your money is. And how much of it, too. If you accidentally overdraw your bank account, you will incur hefty bank fees; worse yet, the place you paid with that check may slap a bounced check fee on top of that, and send the check in again, resulting in a second overdraft fee from the bank! So just a few cents missing to cover that check could result in over $100 in fees. To avoid that, you should always know how much money you've got in your account(s), so you never cut a check for more than what you have.

Pay yourself first. Savings should be your priority, so don’t just say that you’ll save whatever’s left over at the end of the month. Deposit savings into an account (or your piggybank) as soon as you get paid. You can set up an automatic transfer from your checking account to your savings account. Many employers allow you to deduct savings from your paycheck. The money is directly deposited in your savings account so you never even see it on your paycheck. You can also have investments for retirement taken directly out of your pay, and the taxes may be deferred with this option.
If your savings time frame is very long, such as for retirement, you may want to structure your monthly savings so that they grow larger later in life when you will (hopefully) have more income coming in. On the other hand, money invested while you are young will have more time to compound.

Start now! If you receive unexpected cash, put all or most of it into your savings, but continue to set aside your regularly scheduled amount as well. You’ll simply reach your savings goals sooner.

Use a piggy bank or jar for your coins. Coins and change may look insignificant but when accumulated over time they can help you save. Some banks now offer free coin counting machines. When you redeem your coins, ask to be paid by check so you won't be tempted to spend your newfound cash.

Make purchases with paper money, not exact change, and always save the change.
Learn to change your own oil, change your plugs, wires, and filters. Labor costs on your vehicle can be expensive, and there is a lot of information available to help you off-set the costs of personal transportation.

Do not go out "window shopping" with any money on you. You will only be tempted to spend money you cannot afford to lose. Only shop with a predetermined shopping list.

After a long week of working, you may want to indulge in some luxury, telling yourself, "I deserve this". Remember that the things you buy are not gifts to yourself; they are trades, products for money. Say, "Of course I deserve this, but can I afford it?" If I can't afford it, I'm still a worthy person, and I still "deserve" to meet my savings goals!

Be sure to keep track of automatic deductions from your paycheck and any automatic transfers you set up. Sometimes mistakes happen, and if you’re not paying attention, you might not get all your money.