Category: Uncategorized
PLEASE DONATE — YOUR SUPPORT KEEPS THIS BLOG GOING — $2.00 — $5.00 — ANY SMALL AMOUNT HELPS
2022-2023 YEAR TO DOUBLE YOUR INCOME ARE YOU VISIONARY???
Lost of income can be devastating. One solutions is to have two incomes,
investments and most of all an emergency fund for 9 months.
1 Step Internet Marketing
A few months ago a new money making system was introduced known as the 1 Step System. The
1 Step System was created by Rod Stinson in order to give home based business entrepreneurs
a new concept of making money online.
1 step system, home business, work at home, 1 step, making money, make money, entrepreneur,
internet business, business opportunity, cash, online cash, investment, emerald passport, pas
When it comes to marketing online and selling products, many people are not sure how to get
visitors to their website or how to market their products.
Any business owner knows that when starting an internet business it’s essential to run strong
marketing campaigns in order to achieve success. Whether it’s promoting a single product,
service, business opportunity, you have to somehow figure out how to get the right people
to see your business.
There are numerous ways to target the right people in order to achieve financial success
online. One way in particular is through bulk e-mail.
Granted it does work and it can be a numbers game, however there are some services that pay
people too open e-mail and read them. In order to find the services that work, you will have
to test them and see which bulk e-mail services yield real results.
A number of very reputable companies offer marketing packages that often contain downloadable
CD’s teaching expert marketing strategies and secrets. A lot of systems have received mass
appeal to online business seekers simply because it cuts out all of the prospecting and
phone calls.
Anyone that has been in any type of network marketing business knows that they can spend an
entire day on the phone prospecting in hopes of finding just 1 person that will join their
opportunity. Marketing systems will do most of this work for you so you don’t have to.
Many marketing systems will let you take a sneak preview of their compensation pay plan and
business model. When it comes to marketing online, it’s easy to make mistakes and it’s easy to
waste a lot of money testing new ideas.
Any marketing package try’s to cut down on the hassle of spending advertising dollars only in
hopes of making it all back. When looking for a new home business it can be an overwhelming
process with all the programs available online.
Most programs do not teach people how to market successfully online which eventually leave people
empty handed and broke. Finding a program that makes it easy to duplicate success is an essential
part of any home based business.
Before deciding on a home based business be sure you know what you’re looking for and by this I
mean find a program with a proven track record. Find a program that has testimonials and a system
already in place that teaches you how to duplicate their success.
We know that most people want to do almost nothing and receive everything. The truth that comes
with any home based business is that it does take time and effort to get it running. The initial
boost will ensure a long successful home business career.
Eventually you can ease up and put your system on automatic and reap the rewards, but not without
doing some hard work first.BABY BOOMERS STARTING A BUSINESS IN YOUR SENIOR YEARS TO SUPPLEMNET RETIREMENT INCOME AND SOCIAL SECURITY. ONLINE INTERNET BUSINESS ANYONE CAN DO.
What does home based mean in business?
A home-based business is any business where the primary office is located in the owner’s home.
You don’t have to own the property, but you do need to be running a business out of the same
premises you live in for the business to be considered a home business.
Advice About Setting Up Your Own Business
Are you thinking about setting up your own business? Have you an idea for a new business but are unsure about how to
proceed?
If you have answered yes to either of these questions, this article could be of benefit to you. I am going to write
about how to plan and create a successful small business.
self-employed, discipline, loan, yellow pages, business, advert, money, exhibitions, costs, success
Are you thinking about setting up your own business? Have you an idea for a new business but are unsure about how to
proceed?
If you have answered yes to either of these questions, this article could be of benefit to you. I am going to write
about how to plan and create a successful small business.
Many people are looking at ways in which they can become self-employed as they have had enough of being dictated to
and fed up of long and frustrating commutes to work.
FREE INFORMATION
They want the freedom of being their own boss and to be able to choose their own hours of work.
Leaving a full time career can be quite a scary prospect however. The security of having a regular income and other
benefits such as a pension and a share save scheme can seem hard to let go.
I am sure many people whether rightly or wrongly have opted to stick with this security and to merely keep their
business plan as an idea, which they never see through or use.
Other people are willing and happy to take the risk and see it as a way of getting out of the rat race.
When you have an idea for a new business you then need to think of a name to call it. I would keep this name quite
short as it makes it easier to remember for people.
It obviously needs to have something to do with the business sector you are entering.
You will now need to work out how much money you will need to set up the business. This can be quite daunting but is
essential.EARN ADDITIONAL INCOME
In the short term I would advise to keep these start up costs as low as possible, you can always buy or rent better
machinery in the future as an example.
Once you are aware of how much money you need, you then have to find it. You may have enough yourself via savings or
a redundancy payout, however most people are not in this position.
If you do not have enough money, you could try and raise money via
the family, by seeking a partner or by releasing the equity from your house. There is also the option of a business
loan.
The next stage is to market your product or service. There are many ways of doing this including:
The internet via a website
An advert in the newspaper
Direct marketing in the form of leaflets
An advert in the yellow pages
Exhibitions
Trade fairs
I would advise finding out where other people from your industry advertise as they will have
tried and tested many of the above options.
You then need to work out how much to charge for your product or service. I always keep these
charges fairly low at the outset in order to attract as many people as I can and to get some
income in.
I then hope that word of mouth will take over and the idea is that after a few months I will be
in a position to increase my fees.
It is also important to realize that we will make mistakes along the way. When this happens
we need to think positive and not to beat ourselves up. It is an experience we can learn from.
Always have belief in yourself. At times any business will go through a rocky period, this is
when we need to be strong.
In my opinion the more work we put in, the more rewards we are likely to obtain.
Self-discipline is one of the keys to your success. Being able to choose your own hours of work
may seem like a dream but it can prove to be many peoples downfall.
We have to ensure that we work the required amount of hours. It is far too easy to stay in bed
for that extra hour or to arrange yet another game of golf.
These things are fine once you are established, but this is a long way off at this stage.
THANK YOU FOR YOUR DONATION YEAR 2023
5 WAYS TO PROSPER IN YEAR 2023 AND 2024
What does it mean when someone is prospering?
: to succeed in an enterprise or activity. especially : to achieve economic success.
: to become strong and flourishing. transitive verb.
STEP 1: What makes a person prosper?
Thus, prosperity involves three things: Money: earned in a way that aligns with your
inner self and values. Happiness: which involves health, service, and other key relationships.
Sustainability: which is a method of making money that increases your health and well-being
or the long-term.
What is another word for prosper?
Prosper often implies success in terms of wealth, health, and happiness. But it can also be used
broadly, much like the words succeed, thrive, and flourish.
STEP 2: Why is it important to flourish and prosper?
It means you are able to have a good effect on people and things around you and you are
clearly doing well. Prosper means you do well at what you do. It also means you make a lot
of money so you can pay all your bills and have money left over to buy the things you need
and do the things you want to do.
STEP 3: What can help people prosper?
Here are seven common attitudes that lead to a way of life that makes it natural to prosper
financially and in every aspect of life:
Believe you can prosper.
Develop wisdom and understanding.
Set worthy goals.
Make your work count.
Be true to yourself.
Be generous.
Step 4
Here are 4 ways you can start recession-proofing your finances.
Pay down debt.
Build an emergency fund.
Live within your means.
Keep your credit score in check.
What thrives during a recession?
What businesses do well in a recession? Due to elasticity of demand, industries not impacted
by recession are usually in essential services, like health care, senior services, grocery
stores and maintenance such as plumbing and electrical.
Be grateful.
In summary.SPENDING LESS TO INVEST MORE
THE AMERICAN GREATEST DREAM — HOME OWNERSHIP
The American Greatest Dream Home Ownership
Existing-Home Sales Dipped 7.7% in November
2 days ago — Sales slipped 7.7% from October and 35.4% from the previous year. The median
existing-home sales price
rose to $370,700, an increase of 3.5% …
What is the 15-year mortgage rate right now?(UPDATE –December 22, 2022
Today’s national 15-year mortgage rate trends
For today, Wednesday, December 21, 2022, the national average 15-year fixed mortgage
APR is 5.90%, down compared to last week’s of 6.03%.
How much money should I save before buying a house?
If you’re getting a mortgage, a smart way to buy a house is to save up at least 25% of
its sale price in cash to cover a down payment, closing costs and moving fees. So, if
you buy a home for $250,000, you might pay more than $60,000 to cover all of the different
buying expenses.https://www.hud.govAN OFFICIAL UNITED
STATES GOVERNMENT SITE
Why do they call it Dow Jones?
The Dow Jones Industrial Average (DJIA) is a stock market index created by Wall Street Journal
editor Charles Dow. Founded on May 26, 1896, the average is named after Dow and statistician
Edward Jones.
Who controls the stock price?
Once a company goes public and its shares start trading on a stock exchange, its share price is
determined by supply and demand in the market. If there is a high demand for its shares, the
price will increase. If the company’s future growth potential looks dubious, sellers of the stock
can drive down its price.FIRST TIME HOME BUYERS – – MANAGING WEALTH — ESTATE — WILLS
Which loan is best for first-time home buyers?
FHA loans are excellent for first-time homebuyers because, in addition to lower up-front loan costs
and less stringent credit requirements, you can make a down payment as low as 3.5%. 4 FHA loans
cannot exceed the statutory limits described above.
How much can a first-time buyer borrow?
The maximum amount you are able to borrow from a lender is based upon your annual salaried wage.
Most commonly lenders allow you to lend between 4 and 4.5 times your annual salary – some will
offer 5 times, some 6 and in very, very rare cases, 7 times the amount.
What are the steps to buying a home for the first-time?
10 Steps to Buying a Home
Step 1: Start Your Research Early. …
Step 2: Determine How Much House You Can Afford. …
Step 3: Get Prequalified and Preapproved for credit for Your Mortgage. …
Step 4: Find the Right Real Estate Agent. …
Step 5: Shop for Your Home and Make an Offer. …
Step 6: Get a Home Inspection.MOTIVATIONAL BOOKS — A GIFT THAT KEEP ON GIVING ALL YEAR
What does it mean living in a Section 8?
The Housing Choice Voucher Program, also known as Section 8, is the federal government’s
program for assisting low-income families, the disabled, and the elderly afford housing.
Participants can choose housing that meets the requirements of the program and receive
housing vouchers to help with their rental costs.
An Overview of Section 8 Housing Assistance – Benefits.govhttps://www.benefits.gov ›
YOUR MULTIPLE STREAMS OF INCOME 5 REASONS YEAR 2023
4.52%
https://a08152-7fdojggwlcqw8xa6pbh.hop.clickbank.net/?tid=imgenerati
6 Month Treasury Bill Rate is at 4.52%, compared to 4.54% the previous market day and 0.13%
last year. This is higher than the long term average of 4.48%.
Multiple Streams of Income – 5 Reasons Why You Absolutely Need it
In a nutshell, multiple streams of income means your business has more then one way to make
money. For instance, you sell products and you sell services. Those are multiple streams of
incomes. Why do you need them? Below are five reasons.
business strategies, growing a business, business success, business success strategies,
marketing, copywriting, creativityFRUGAL SPENDING & PAYING DOWN DEBT
I’ve become enamored with the word “multiple,” especially when it pertains to business. I
especially like the idea of harnessing the power of the multiple to grow your business multiple
times over.
There are a lot of things that can be multiple in a business, but in this article I’m focusing
on multiple streams of income.
In a nutshell, multiple streams of income means your business has more then one way to make money.
For instance, you sell products and you sell services. Those are multiple streams of incomes. Why
do you need them? Below are five reasons:
1. Make money while you sleep. This is a big one for those of us who sell our time (also known as
providing services). The biggest drawback to selling time is when you aren’t working, you aren’t
making money. So when you’re on vacation, relaxing over the weekend or (gasp) sleeping, no money
is coming into the business.
But let’s say you create a product or two to sell in addition to your services. Now you’ve just
created a passive income stream (passive meaning it doesn’t require yours or anyone else’s time).
So if you are taking4 a nap or out walking the dogs, money can still be coming into your business.
(What a concept!)
2. Leverage your time. This is especially true with income streams that are passive. Basically
you’re making money without it taking any of your time. Therefore, you can spend your time doing
something else and still enjoy money coming in from a passive income stream.
This is a good way to use your time wisely. (Rather than work for an hour, get paid for an hour, you
can be paid several times in several different ways during that same hour
3. Fill your pipeline. If all you sell is high-priced services, it can be difficult getting
clients to hire you. After all, clients need to trust you and trust they’re getting a good deal for
their money.
If you offer products or lower-priced services, you’re giving those customers a chance to “try you out”
before plunking down several thousand dollars for a major project or consulting work. Because your
clients’ initial investment is lower, you have a chance to lower their resistance to hiring you.
4. Catch a variety of clients. No matter what you offer, a part of your target market is not going
to be interested in hiring you. Why? Because they’d rather do it themselves.
Or maybe they don’t have the money to hire you. Or maybe they do the same thing you do and would
rather learn from you to better their own skills. By offering a product or a class or a group option,
you’re widening your net. Not only are you able to help more people, but you’ll also be making more
money doing it.
5. Diversify. The more income streams you have, the less devastating it will be to lose one. Not to
be negative, but things happen. Industries change. Economies change.
People want different things. If all you offer is services, and those services suddenly become
obsolete, what happens to your business? Or, a more likely scenario, what if you lose your
biggest client?
Or a couple big clients at the same time? Sure, eventually you’ll find other clients to make up
the difference, but what happens in the meantime? What if it takes a month or two or six? Your
bills certainly won’t wait that long.
But if you have other income streams, a dip in your services (or a dip in product income) is
no longer so scary because you’ll still have money coming in.
Creativity Exercise — Find time to create multiple income streams
Probably the hardest part of creating multiple income streams is a lack of time, especially
when your primary business is service based. So, now that you know how important it is, how are
you going to find the time to start doing it?
Here are a few ideas to get you thinking:
* Hire a virtual assistant (VA) or bookkeeper to take care of some tasks you have no business
doing anyway.
* Create systems in your business so you can complete business tasks faster and more efficiently.
* Raise your prices so you can take on fewer clients and make more money.
* Dedicate a Saturday or Sunday to working on your business. (Be careful with this one as you
could very quickly end up burning yourself out.
Get a pen and paper and do some brainstorming to see how you can find more time to start
creating more income streams.
STARTING A BUSINESS—-HOW XENNIALS GENERATION — SUCCEDE IN BUSINESS
Advice About Setting Up Your Own Business
Are you thinking about setting up your own business? Have you an idea for a new business but are unsure about how to proceed?
If you have answered yes to either of these questions, this article could be of benefit to you. I am going to write about how to plan and create a successful small business.
self-employed, discipline, loan, yellow pages, business, advert, money, exhibitions, costs, success
Are you thinking about setting up your own business? Have you an idea for a new business but are unsure about how to proceed?
If you have answered yes to either of these questions, this article could be of benefit to you. I am going to write about how to plan and create a successful small business.
Many people are looking at ways in which they can become self-employed as they have had enough of being dictated to and fed up of long and frustrating commutes to work.
FREE INFORMATION
They want the freedom of being their own boss and to be able to choose their own hours of work.
Leaving a full time career can be quite a scary prospect however. The security of having a regular income and other benefits such as a pension and a share save scheme can seem hard to let go.
I am sure many people whether rightly or wrongly have opted to stick with this security and to merely keep their business plan as an idea, which they never see through or use.
Other people are willing and happy to take the risk and see it as a way of getting out of the rat race.
When you have an idea for a new business you then need to think of a name to call it. I would keep this name quite short as it makes it easier to remember for people.
It obviously needs to have something to do with the business sector you are entering.
You will now need to work out how much money you will need to set up the business. This can be quite daunting but is essential.EARN ADDITIONAL INCOME
In the short term I would advise to keep these start up costs as low as possible, you can always buy or rent better machinery in the future as an example.
Once you are aware of how much money you need, you then have to find it. You may have enough yourself via savings or a redundancy payout, however most people are not in this position.
If you do not have enough money, you could try and raise money via the family, by seeking a partner or by releasing the equity from your house. There is also the option of a business loan.
The next stage is to market your product or service. There are many ways of doing this including:
The internet via a website
An advert in the newspaper
Direct marketing in the form of leaflets
An advert in the yellow pages
Exhibitions
Trade fairs
I would advise finding out where other people from your industry advertise as they will have tried and tested many of the above options.
You then need to work out how much to charge for your product or service. I always keep these charges fairly low at the outset in order to attract as many people as I can and to get some income in.
I then hope that word of mouth will take over and the idea is that after a few months I will be in a position to increase my fees.
It is also important to realize that we will make mistakes along the way. When this happens we need to think positive and not to beat ourselves up. It is an experience we can learn from.
Always have belief in yourself. At times any business will go through a rocky period, this is when we need to be strong.
In my opinion the more work we put in, the more rewards we are likely to obtain.
Self-discipline is one of the keys to your success. Being able to choose your own hours of work may seem like a dream but it can prove to be many peoples downfall.
We have to ensure that we work the required amount of hours. It is far too easy to stay in bed for that extra hour or to arrange yet another game of golf.
These things are fine once you are established, but this is a long way off at this stage.
IS TREASURYDIRECT A LEGITMATE WEBSITE YEAR 2023 INVESTING ??
Is TreasuryDirect a legitimate website?
TreasuryDirect.gov is the one and only place to buy and redeem U.S. savings bonds and other
securities directly from the U.S. Treasury! Your investments are backed by the full faith and
credit of the United States government.
Does TreasuryDirect charge fees?
We sell marketable securities at auctions held regularly throughout the year. Buying Treasury
securities through TreasuryDirect costs you nothing—except, of course, the cost of the security.
We charge no purchase fee or commission.
Are TreasuryDirect bonds a good investment?
Treasury bonds can be a good investment for those looking for safety and a fixed rate of
interest that’s paid semiannually until the bond’s maturity. Bonds are an important piece of
an investment portfolio’s asset allocation since the steady return from bonds helps offset the
volatility of equity prices.
What is the safest way to buy I bonds?
The main way is to go online using TreasuryDirect.gov, and the I bonds bought through this
website are digital. There’s also an entirely separate way to purchase paper I bonds.
Is there a limit to how many I bonds I can buy?
A given Social Security Number or Employer Identification Number can buy up to these amounts
in savings bonds each calendar year: $10,000 in electronic EE bonds. $10,000 in electronic I bonds.
$5,000 in paper I bonds that you can buy when you file federal tax forms.
EVERY DONATION HELP THANK YOU
Should you keep a cash reserve?
It’s wise to have some savings set aside for an emergency, and you may also want to keep some cash
available to invest in the stock market when you feel the time is right. Financial advisers often
recommend having the equivalent of at least six months’ income in cash to cover any unexpected expenses.
12 STEPS TO BUYING YOUR 1ST TIMESHARE VACTIONING
It can be confusing for a starter to decide from where to buy his first timeshare from resale market or directly from timeshare resort or developer.
It can be a hard decision to make with both having its own advantages and disadvantages.
Buying timeshares in the resale market like auction websites or advertising through classifieds is a recent concept compared to buying from developers which has been there since its inception.
Internet has brought everything to the doorsteps of the people and thus benefiting the timeshare market also.
Websites such as eBay.com, bidshare.com and redweek.com provide prospective buyers with more information on the property and also wide variety of buying options.
The scenario was totally different a decade ago when the buyers used to buy timeshares through timeshare presentations hosted by timeshare developers.
FREE INFORMATION — FREE INFORMATION
The decisions taken to buy timeshares were mostly based on one’s impulse rather than research and analysis.
But with the advent of internet auction sites a user has more powerful tools to research the prices in advance even if he is going to a presentation.
The buyer can make a more informed choice today than earlier. Buyers can also avoid the trauma of sitting through a timeshare presentation by buying through resale market.
The presentations sometimes take ninety minutes and can go even longer.
At the end of the presentation the buyers who were brought in on the pretext of a free gift are subjected to high pressure selling techniques, and this yield to sign a paper and buy a timeshare.
Now talking about the cost comparison, a developer’s timeshare offer includes the cost of advertisement, presentation, free gifts etc.
(NOW THAT YOU OWN TIMESHARES AND TRAVELING THE GLOBE TO EXOTIC RESORTS — START A
BUSINESS YOU CAN WORK FROM ANYWHERE) I STARTED A SHAKLEE DISTRIBUTORSHIP BECAUSE
I COULD WORK IT FROM ANYWHERE)
which is whopping of the cost of the timeshare and sometimes this exceeds the cost of the timeshare resale.
On the other hand if one buys a timeshare through a resale market one can buy the timeshare cheaper. Also buying through a resale market offers you more choice and freedom to select your desired unit.
You know that you are getting the best price. It is definitely worth saving thousands of dollars by buying a resale.
But there are good reasons to buy from a developer. There are many reputed companies that have ventured into timeshare business like Marriot, Disney, and Hilton etc.
When you are buying through a resale market there is a margin of doubt whether your investment is secured or not and the trust factor is low.
here as the timeshare developers spend fortunes in the development of timeshares and have great reputation and thus can be easily trusted.
They give you the best and the latest amenities which you can never get from a resale unless it’s a relatively new unit.
Another high point of buying through a developer is that they offer many incentives and benefits to their customers in the form of bonus weeks, discounts on attraction tickets, car rentals and much more.
On the other hand these benefits may not be available to you if you bought your timeshare through resale market as many developers does not allow timeshare resale units with same amenities compared to those who bought directly from them.
Also the developers usually offer many financing options that you may not get if you buy from a resale market.
Thank you for reading our blog and please donate $2, $5, $10. All donations
are extremely appreciated. PLEASE DONATE NOW
JOB CREATIONS ECONOMY RECOVERY VS RECESSION YEAR 2023 PROSPER
The Federal Reserve isn’t weaken the United States of America. A 4.25 Federal Fund Rate,
even a 5.25 will not weaken the United States economy. Just because the Federal Reserve
increase interest rates it only a factor if the fed fund rate was already impacting the
economy negatively. If the rate was 5 or 6 % and slowing the the economy, any increase would
impact the economy. When the Federal Reserve starting increasing rate, the Fed Fund Rate was
0.18% and the first increase was only 25 basis points. With a six month lag time , means in
December 2022 the Federal Fund Rate was still stimulating the US Economy. Please comment.
The red-hot job market capped off 2022 on a high note, with employers adding 223,000 jobs in December,
the Labor Department reported Friday.
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS …
unemployment during the week ending December 24
was 1,694,000, a decrease of 24,000 from the previous week’s.
It is true, a large portion of the global economy is in an recession, China having
problem reopening and inflation soaring. What set the United States of America Economy
on such an awesome road of prosperity is the huge amount of stimulus by the Federal
Reserve and the Federal Government.
American Rescue Plan Act
Seven weeks into his presidency, Biden signed into law a $1.9tn economic stimulus plan
designed to combat the coronavirus pandemic and begin repairing the nation’s frayed social
safety net. The bill, passed by Democrats on a party-line vote, sent $1,400 stimulus checks
to tens of millions of Americans and temporarily extended unemployment benefits.
It included billions in funding to speed up vaccination distribution and school reopening
and additional money to help state and local governments weather the pandemic-induced economic
downturn. The legislation also temporarily increased the annual Child Tax Credit, a policy
experts say helped halve child poverty in America before it ended.
In addition, the Federal Reserve added trillions more with a Fed Fund Rate of 0.18. Not to
mention purchasing billions of dollars in mortgage back securities. Americans have over 1.7
trillion dollars in saving as of January 1, 2023.
Inflation is still to high, so is crime and the labor shortage are all problems. 2023 will the
HAPPY NEW YEAR FROM IMGENRATIONX HAVE AN AWESOME 2023 PROSPER
A BOOK WITH MIND GRIPPING THOUGHTS THAT RELEASES YOUR SOUL INTO GOD’S PRESENCE – HOLDING YOU CLOSELY IN AWARENESS THAT: HE IS WITH YOU HE LOVES YOU HE IS THERE TO HELP. (CLICK NOW).WHEN YOU CAN’T PRAY
EARNED INCOME CHECKS YEAR 2023 COLA SOCIAL SECURITY BENEFITS
4.71%
1 Year Treasury Rate is at 4.71%, compared to 4.71% the previous market day and 0.38% last year.
This is higher tha the long term average of 2.86%. The 1 year Treasury is a great opportunity
to save and earn a higher return on your earning with little risk. Just go to TreasuryDirect.Gov
Will Social Security retirees get a raise in 2023?
Retirees on Social Security are going to get a huge benefits increase in 2023. Their monthly
checks will rise by 8.7%. This benefits increase is the biggest annual increase in retirement
payments in the last four decades.Dec 4, 2022
What will the Social Security raise be in 2023?
The first Social Security checks and bank deposits featuring the largest
cost-of-living-adjustment in 40 years will start arriving in January 2023. The average
retiree benefit is going up by $146 per month, to $1,827; while the average disability
benefit is increasing by $119 per month, to $1,483.Dec 13, 2022
When can I expect my refund with EIC 2022?
By law, we must wait until mid-February to issue refunds to taxpayers who claim the
Earned Income Tax Credit. Still not sure if you qualify for the EITC?Oct 31, 2022
The Earned Income Tax Credit (EITC) helps low- to moderate-income workers and families get
a tax break. If you qualify, you can use the credit to reduce the taxes you owe – and maybe
increase your refund. Did you receive a letter from the IRS about the EITC? Find out what to
do.Oct 31, 2022
What qualifies you for earned income credit?
To qualify for the EITC, you must: Have worked and earned income under $57,414. Have investment
income below $10,000 in the tax year 2021. Have a valid Social Security number by the due date
of your 2021 return (including extensions)Aug 31, 2022
What is 2022 earned income credit?
$560 to $6,935
The earned income tax credit, also known as the EITC or EIC, is a refundable tax credit for
low- and moderate-income workers. For the 2022 tax year, the earned income credit ranges from
$560 to $6,935 depending on tax-filing status, income and number of children. In 2023, the credit
will be worth $600 to $7,430.Nov 22, 2022
What disqualifies you from earned income credit?
Types of income that do not qualify as earned income for the credit include: Child support.
Retirement income. Social Security benefits.Dec 1, 2022
Who qualifies for Earned Income Credit 2022?
Can I claim the Earned Income Tax Credit? If you were married filing jointly and earned less
than $59,187 ($53,057 for individuals, surviving spouses or heads of household) in 2022, you
may qualify for this tax credit, or even for a refund check.Dec 1, 2022
What is Earned Income Tax Credit (EITC)?
The Earned Income Tax Credit (EITC), sometimes called EIC, is a tax credit for workers with low
to moderate income. Eligibility for the tax credit is based on various factors including family
size, filing status and income. When EITC exceeds the amount of taxes owed, it results in a tax
refund to those who claim and qualify for the credit. The credit is subject to income limitations.
How much do you get for earned income credit?
In 2022, the credit is worth up to $6,935. The credit amount rises with earned income until it
reaches a maximum amount, then gradually phases out. Families with more children are eligible
for higher credit amounts. You cannot get the EITC if you have investment income of more than
YEAR 2023 YOUR DREAM HOME FHA LOW DOWN PAYMENT
What Are Existing-Home Sales? Existing-home sales data are a monthly measure of the sales
volume and prices of existing single-family homes, condos, and co-ops nationwide. But what
exactly are existing-homes? Existing-homes, unlike new homes, are homes that are owned and
occupied before coming onto the market.
What adds the most value to a home when selling?
The top five projects that add the most dollar value to a sale in 2022 are refinishing hardwood
floors, installing new wood floors, upgrading insulation, converting a basement to a living
area and renovating closets, according to a joint report by the National Association of
Realtors (NAR) and the National Association
What is the best program for first-time home buyer?
1. FHA loan. FHA loans are backed by the Federal Housing Administration and are considered more
secure than conventional loans because they are backed by the US government. They’re one of
the easiest mortgages to get approved
for if you’re a first-time homebuyer with a low credit score and minimal down payment savings.
What is a good credit score to buy a house?
620 or higher
It’s recommended you have a credit score of 620 or higher when you apply for a conventional loan.
If your score is below 620, lenders either won’t be able to approve your loan or may be required to offer you a higher
interest rate, which can result in higher monthly payments.
How can I build my credit fast?
Here are some strategies to quickly improve your credit:
Pay credit card balances strategically.
Ask for higher credit limits.
Become an authorized user.
Pay bills on time.
Dispute credit report errors.
Deal with collections accounts.
Use a secured credit card.
WHEN DEBT VS CUTTING SPENDING–CREATING WEALTH YEAR 2023
6 Month Treasury Bill Rate is at 4.51%, compared to 4.55% the previous market day and 0.16% last year. This is higher than the long term average of 4.
The International Association of Professional Debt Arbitrators.
What is the downside to debt relief?
Stopping payment on a debt means you could face late fees and accruing interest. Additionally,
just because a creditor agrees to lower the amount you owe doesn’t mean you’re free and clear
on that particular debt. Forgiven debt could be considered taxable income on your federal taxes.
How do you qualify for debt relief?
As noted above, to qualify for a debt relief program, you must be able to make a monthly payment
into a settlement fund, which will be used to settle with your creditors. For many consumers,
this monthly payment will be lower than the total monthly payments on their credit cards.CREATING WEALTH 2023-PLANNING FOR A PROSPEROUS NEW
How much does debt relief cost?
15% to 25%
Fees. No matter what debt relief solution you choose, it’s important to understand the fees
associated with it. Debt settlement services typically charge a percentage, usually 15% to 25%,
of the total amount you owe. For example, if you have $10,000 in debt and the company’s fee is
20%, the fee would be $2,000.
Does debt relief destroy credit?
It sounds like a good deal, but debt settlement can be risky: Debt settlement can destroy your
credit. Reaching a settlement can take a long time to accomplish — often between two to four
years. It can be costly.
How many points does debt relief hurt your credit?
Debt settlement can cause your credit score to fall by more than 100 points, and it stays on
your credit report for seven years. If your creditors close accounts as part of the settlement
process, this can cause your credit utilization to increase, which also negatively affects
your credit score.
Can I buy a house after debt settlement?
Can You Buy a Home After Debt Settlement? Absolutely! Lowering your debt can make a huge difference
when you’re ready to apply for a mortgage (what is a mortgage?). It’s probably been a difficult
journey getting debt relief, and like any time after you’ve completed a challenge, you want to
reward yourself.
Do you need good credit for debt relief?
No, you don’t need good credit for a debt consolidation loan, but it definitely helps. Good credit
means better loan offers and bigger savings on your debt. Bad credit limits your loan options,
and the remaining loans may have such high-interest rates that they aren’t worth it.
SPENDING LESS TO INVEST MORE
4.75%
1 Year Treasury Rate is at 4.75%, compared to 4.72% the previous market day and 0.27% last year.
This is higher than the long term average of 2.86%. Stats
New filings were in line with consensus expectations, rising slightly to 211,000 in the week
ended December 3. This is up from the prior week’s revised total of …
Spending Less to Invest More
The process of generating wealth, which can be achieved with even minimal income,
requires commitment to basic measures. The measures that can lead to the generation
of wealth, if properly implemented are highlighted below.
It seems pretty obvious that budgeting should be one of the top measures implemented
to spend less and invest more.
As cliche’ as budgeting may seem, it still serves as an established means of spending
less of one’s income and investing more of the income.
For budgeting to be effective, a budget has to be functional and include all kinds
of expenditure, from the emergency expenses to the regular expenses.
Penalties for exceeding the budget should also be stated and implemented
appropriately. An effective budget should be a proper reflection of one’s financial
habits and should aim towards cutting unnecessary expenses.
Allocating funds to separate accounts
Having separate accounts, especially savings account, where different categories
of funds can be kept is another measure that can be implemented to ensure the most
minimal spending.
The allocation of funds to different accounts works better when measures for
ensuring that the allocated funds for a specific purpose are not used for other
purposes.
For example, an account where regular savings are kept should not have a debit
card to ensure against undue withdrawals.
Restricting luxury expenditure
It has been well established that living below one’s means is a clear-cut method
of building wealth.
In achieving less expenditure and more investments, it is thus important to implement
practical methods of restricting undue spending.
One of such methods that can be implemented is the taxing of such undue expenses.
Taxing these expenses increases the cost of undue expenses thus restricting one
from engaging in them.
For example, for every family vacation, for example, a certain amount must be
put into the savings account, to balance up that expense.
Thus, whenever one thinks of a family vacation, they would consider the cost of the
vacation as well as the saving equivalent and plan properly towards such expenditure.
Investing
As much as it is important to save, it is more important to invest savings. A saying
goes thus, “No one ever get wealthy from leaving money in a savings account”.
The mindset of continuous and long-term investments is a necessary mindset for
developing wealth. While investing, it is important to implement certain
important measures such as balancing one’s saving portfolio with long and
short-term investments.
It is also important to focus on low-risk investment options and seek appropriate
financial advice as necessary.
Reducing debt
A common feature of the different types of loans is the interest they attract. As
a result, reducing debt is an effective measure for ensuring less expenses, saving
more and investing more.
Debt reduction measures should be applied across all forms of debts, from credit
card debts to college loan debts.
A certain proportion of one’s regular income should thus be set aside for servicing
debt and ensuring a healthy credit profile.
Ultimately, financial freedom can be attained when one adopts measures of appropriating
income to achieve the most minimal spending and best saving.PLEASURE READING SOME KINDLE FREE BOOKS YEAR 2023
CONSUMERS SPENT LESS NOVEMBER SAVING MORE YEAR 2023
KINDLE WEALTH BUILDING eBOOKS — PROPERSING 2023
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS
SEASONALLY ADJUSTED DATA
In the week ending December 10, the advance figure for seasonally adjusted initial claims was 211,000, a
decrease of 20,000 from the previous week’s revised level. The previous week’s level was revised up by
1,000 from 230,000 to 231,000. The 4-week moving average was 227,250, a decrease of 3,000 from the
previous week’s revised average. The previous week’s average was revised up by 250 from 230,000 to
230,250.
Retail sales fell 0.6% in November as consumers spent less.
7 hours ago — Retail sales for November declined 0.6%, even worse than the Dow Jones estimate for
a 0.3% drop. · Weekly jobless claims fell to 211,000.
What happens when consumers save more?
As personal saving contributes to investment, all else equal, a higher saving rate will result in
a higher level of physical capital over time, allowing the economy to produce more goods and services.
Why is it important for consumers to save money?HOW MUCH WILL YOUR SOCIAL SECURITY RAISE BE IN 2023?
Saving money is a great place for consumers to start, or continue, to work on their finances. Using
money that you’ve set aside to pay for unexpected expenses or to make a large purchase can help you
avoid debt. And, knowing that you’re saving for long-term plans like college or retirement can give
you peace of mind.
Savings-Related Resources – FDIC
How much savings do consumers have?
In Q2 2022, total savings was $1.7 trillion. Across the entire timeline, the majority of savings
are held by the top two income quartiles, but the bottom two still have significant amounts.
Americans are still collectively sitting on $1.7 trillion in excess savings built up over the
pandemic. Oct 31, 2022
Do people save more or less in a recession?
Consumers in Vulnerable Position Should Recession Happen
One of the more troubling aspects of this week’s survey results is not only are consumers spending
their savings, but they’re also saving less than they were before. Oct 20, 2022How can wise consumers
save money?
Tips on how to be a Smart Consumer
products that have long life spans – avoid disposable items.
Buy products that have minimal packaging.
Buy products in their concentrated form.
Buy only what you need. Consuming less, you dispose of less waste.
Consider buying in bulk for those necessary purchases.
How to be a Smart Consumer | City of Irvinehttps://www.cityofirvine.org › environmental-programs
Do you pay tax on T-bills?
Like other low-risk investments, such as savings accounts and certificates of deposit (CDs),
T-Bills often earn relatively low interest; unlike with those other options, however, interest
earned by a T-Bill is not subject to state or local taxes, although it is subject to federal income tax
WHAT DOES THE FEDERAL RESERVE RESTRICTIVE POLICY MEAN
How does restrictive monetary policy affect inflation?
Restrictive monetary policy instruments
This has the effect of slowing down the granting of credit to economic agents, as the cost of credit is higher. It is therefore a way to slow down the expansion of the money supply and thus to fight inflation.
Which of the following are functions of restrictive monetary policy?
It reduces the amount of money and credit that banks can lend. It lowers the money supply by
making loans, credit cards, and mortgages more expensive. That constricts demand, which slows
economic growth and inflation. Restrictive monetary policy is also known as contractionary
monetary policy. Federal Reserve issues FOMC statement – December 14, 2022https://www.federalreserve.gov › files
19 hours ago —
policy that is sufficiently restrictive to return inflation to 2 percent … tightening
of monetary policy, the lags with which monetary
What are the 4 policy tools of the Federal Reserve?
Central banks have four main monetary policy tools: the reserve requirement, open market
operations, the discount rate, and interest on reserves.
What are the 3 mandates of the Federal Reserve?
Image result for Federal Reserve sufficiently restrictive policy
The Federal Reserve Act mandates that the Federal Reserve conduct monetary policy “so as to
promote effectively the goals of maximum employment, stable prices, and moderate long-term interest
rates.”1 Even though the act lists three distinct goals of monetary policy, the Fed’s mandate for
monetary policy is commonly.
Which policy tool is the most used by the Fed?
Key Takeaways
The primary tools that the Fed uses are interest rate setting and open market operations (OMO).
The Fed can also change the mandated reserves requirements for commercial banks or rescue failing
banks as lender of last resort, among other less common tools..
What is an example of restrictive monetary policy?
An example of restrictive monetary policy is when the Federal reserve raises the bank’s reserve
requirements (which reduces the amount of money banks have to lend to consumers) or raises the
How does restrictive monetary policy affect inflation?
Restrictive monetary policy instruments
This has the effect of slowing down the granting of credit to economic agents, as the cost of credit
is higher. It is therefore a way to slow down the expansion of the money supply and thus to fight inflation.