Wealth Builder Blog

Forget your credit cards

Wealth Builder Team — Fri, 21 Nov 2008 02:35:15 GMT

Yes, we really realize that debit and credit cards are so tempting. Some cards actually offer rewards or cash back that makes the use of cash even less appealing. But using cash money will be a very good idea to prevent your wealth. Why? Read these reviews first.

Cash will make you realize how much money you have spent. Using credit cards won't make you realize that you are lavish. When you use an electronic form of payment you are only restricted by the amount of money in the bank or the available credit on the card. So throughout the week when you are spending money on groceries, the morning coffee or lunch out with friends, you don't realize how much each small purchase is adding up unless you are balancing your checkbook immediately after each purchase.

"But it's difficult to throw away my cards!" Yeah, I know. But you have to try. First of all, hide your cards under the pillow and start to create a budget for how much money you will need throughout the week. Count every single thing, including lunch and transportation. After the count, you will decide how much money you'll put on your wallet. For example, you'll spend $100 for a week. Just put $100 on your wallet, or you can give yourself bonus, by adding $10. So you have $110 for a week. Please be discipline.

After one week, see the changes you made. You'll find that the bills you paid are realistic and meaningful. And found how cash money will really help to prevent your wealth.

A Guide for a Shopaholic

Wealth Builder Team — Sun, 16 Nov 2008 19:07:28 GMT

Yes, you consider yourself as a shopaholic. But you still have to save money even if it’s hard. Have you ever think about shopping without losing your wealth? Read these tips.

First, stop buying on impulse. Why? Because you’ll spending money on stuff you don't really need, or sometimes on stuff you don't really want.

Don’t forget to take advantage of two-for-one bargain. If you can find a bargain every time you go shopping, you will save more money than you ever imagined

Remember! The best way to keep your wealth while shopping is before making a purchase, make sure the stuff is truly necessary.

Give up Your Bad Habits

Wealth Builder Team — Fri, 14 Nov 2008 01:33:19 GMT

Everyone has at least one bad habit. Those bad habits such as smoking, eating everything like no tomorrow, or even buying the expensive things you don't really need, will eventually make you lose wealth. Sounds scary isn't it?

To maintain your wealth, try to buy something that you really need, shop effectively, start drink and eat healthy, and stop smoking. You’ll be surprised at how much money you can save. You’ll be wealthy and healthy again.

Wealth Building Tips for Students

Wealth Builder Team — Tue, 11 Nov 2008 16:00:20 GMT

Students are usually have to be on a tight budget. So it's very important to save money during the school years.There are many ways to use money effectively.

As a student, you really need to go to library often, but sometimes you just never took advantage of it as much as you can. Do you know that most libraries offer you the chance to check out DVDs, CDs, and other forms of entertainment free? They do! Just rent movies and watch them at your home or dorm. You can save the money you spend on buying DVD’s or going to the movies, and that way, eventually you’ll get wealthy!

House for a Single

Wealth Builder Team — Sun, 09 Nov 2008 12:43:44 GMT

If you think because you’re single then you’re free to not having any financial management, think again. You still need a wealth management and financial planning to live alone in a smart way.

You must look for a small house if you are single, so you’ll pay smaller mortgage. And also don’t use much stuff that will consume much energy. When you see the electricity bill, you’ll understand why.

Partying and inviting friends to your house is good sometimes, but better make it in potluck style so everybody will bring their own food. Everybody’s sharing and everybody’s happy. Especially, the host of the party.

Health Insurance

Wealth Builder Team — Sun, 09 Nov 2008 12:36:57 GMT

Many peoples take a huge financial risk by going without health insurance because they believe their youth and good health makes insurance unnecessary.

This is one of the biggest mistakes you can make. Anything could happen, no matter how young you are. You could be in a car accident, wreck a muscle lifting weights, chop your finger, get cancer or pneumonia, or incur any number of illnesses or injuries that would land you in the hospital and rack up large medical bills that may take you decades to pay off.

Worry no more, health insurance won’t make you poor, with a good financial arrangement, it could also help you to build wealth.

Money Making Formula

Wealth Builder Team — Tue, 04 Nov 2008 02:06:58 GMT

If you've been searching for the secret formula to making money, then these three formula can help you push yourself to your goals and create the wealth you always wanted to have.

Motivation is the most important things of all. In order to achieve your goals, you need to be motivated and know what you really want to achieve. Set how much money would you need to fulfill certain lifestyle of your dream.

Momentum Achieve large goals in your life by achieving many smaller goals that can help you to fulfill the larger ones. The more you accomplish in terms of smaller things, the more confidence you will have in yourself in attempting the larger ones.

Method Take the time to outline your action plan in smaller and more achievable steps will help you put the whole thing together. Your method can change as you go along, but you must have one.

Hope you could get the lifestyle of your dream. Go wealthy!

Ideas to Get Wealthy

Wealth Builder Team — Thu, 30 Oct 2008 01:57:04 GMT

So many getting rich quick schemes out there that require huge initial investments. Instead, there are some ideas to get wealthy in a very simple way. Read the following ideas:

Sell stuff. Find cheap products to resell. Buy in bulk and sell them individually.

Advertise. Companies are still constantly looking for unique and new ways to advertise. Make same ad space in your home is a great way to make some extra money with minimal effort.

Jobs. Look for needs in your neighborhood that need to be filled. Anything from delivery services to yard maintenance can not only get you quick money but will build a business relationship with local businesses in your area.

Keep in mind that a short term gain now could mean long term gain as you re-invest your earnings into even bigger ideas, no matter which idea you choose. Good luck!

Get Extra Money

Wealth Builder Team — Mon, 27 Oct 2008 13:58:47 GMT

To build wealth you definitely need extra money to save and invest. There are some strategies to attract money to your life:

Be specific with the amount of money you want. For example, "I want 1 million dollars by the next year."

Add emotions to your thoughts. By adding emotion to your thoughts you will drastically improve the chances of turning your dreams into reality.

Be consistent. It's not enough to just write down your dream. You must re-visit the goal as often as possible and at least a few times each day.

Visual it. Using the power of visualization actually see yourself where you want to be. See the money before your eyes as if it was there in front of you.

Hope you become a money magnet soon!

Money Management

Wealth Builder Team — Sun, 26 Oct 2008 10:03:21 GMT

Everyone needs money management skills. Money management will not only create wealth but also it can help improve your life. Managing your cash is sometimes difficult but once you know the trick, you can get out of debt and start investing.

The first step is to realize that you may have a problem with your spending. You can meet with a financial advisor to discover what's happened with your financial life. He or she can take a look at your finances and determine if you are living above your means.

The next step is to write down every expense you have, at least for a month. This way you can analyze where your cash is going. The third process is to create a budget. It needs to be one that you can actually stick to. After that it is a matter of sticking to your budget and paying off any debts that you owe. Good luck