When inflation is too high, the Federal Reserve typically raises interest rates to slow

the economy and bring inflation down. When inflation is too low, the Federal Reserve typically

lowers interest rates to stimulate the economy and move inflation higher.

DARE TO PROSPER – DARE TO BE RICH — DREAM BIG -SET GOALS

How does the Russell 2000 work?

The Russell 2000 is a stock market index that tracks the performance of the

smallest publicly traded companies in the United States. Created in 1984, the

index is widely considered to be the most comprehensive barometer for the

performance of the small-cap sector of the economy.

It’s set as a range between an upper and lower limit. The federal funds rate is currently 3.7% to 4%

U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong

What is the job outlook for 2022?

How many unfilled jobs are in the US in 2022?

10.7 million

Job openings decreased to 10.7 million in June 2022 : The Economics Daily: U.S. Bureau of

Labor Statistics.

What is causing the worker shortage?

Typically, a labor shortage occurs when there are not enough available workers participating
in the labor market to

meet the demand for employees. For example, in the United States, there are nearly 11 million

job vacancies, but only

6.5 million workers are listed as unemployed in 2022.

What was the highest federal funds rate in history?

20%

Key Takeaways. The highest fed funds rate was 20% in 1980 in response to double-digit inflation.

The lowest fed funds

rate was zero in 2008 and again in March 2020 in response to the coronavirus pandemic. The FOMC

announced in

November 2022 that it would continue to raise interest rates in response to rising inflation.

s federal funds rate the same as interest rate?

The fed funds rate is the interest rate that depository institutions—banks, savings and

loans, and

credit unions—charge each other for overnight loans. The discount rate is the interest
rate that

Federal Reserve Banks charge when they make collateralized loans—usually overnight—to

depository

institutions.

How many people are employed in the U.S. 2022?

about 158.94 million people

U.S seasonally adjusted monthly number of employees 2021-2022. In September 2022, about 158.94

million people were employed in the United States.

 

The New York Times bestselling author of The 4-Hour Body shows readers how to live more and work less, now with more than 100 pages of new, cutting-edge content.

Forget the old concept of retirement and the rest of the deferred-life plan–there is no need to wait and every reason not to, especially in unpredictable economic times. Whether your dream is escaping the rat race, experiencing high-end world travel, or earning a monthly five-figure income with zero management, The 4-Hour Workweek is the blueprint.

What are the 3 types of poverty?

There are multiple types of poverty.

Situational poverty.

Generational poverty.

Absolute poverty.

Relative poverty.

Urban poverty.

Rural poverty.

How do I apply for Job Corps?

To enroll, call 1-800-733-JOBS [5627] or visit the Recruiting and

Enrollment Interest page. People who are hearing-impaired may call this

toll-free TTY number: 1-877-889-5627

Job Corps is the largest Free residential education and job training program

for young adults ages 16–24. We connect you with the skills and education.

The US economy is on record pace to end 2022 with the most jobs created in any

12 month period. Get ready for 2023 when we see more than 300,000 jobs created

each month in the United States. Returning manufacturing from overseas, exporting

more goods/services, chip manufacturing, infrastructure spending, not to mention

the billions of dollars states have in surplus. The Federal Reserve will raise

the Federal Fund rate in 2 weeks, again in January and February of 2023 stalling

out inflation which will only boost the United States of America Economy.What are the Types of GDP?

Nominal GDP – the total value of all goods and services produced at current market prices. …

Real GDP – the sum of all goods and services produced at constant prices. …

Actual GDP – real-time measurement of all outputs at any interval or any given

time. Your definition of GDP is FLAWED. Two quarters generally only make a

recession if GDP falls enough to impact the economy. First quarter and 2nd quarter

of 2022 GDP did fall but job creation was great and 3rd quarter GDP and job

creation was awesome. Families are cutting spending, paying down debt and building

cash reserves. It is unclear why so many reducing debt. Yes, I agree every year

people over spend during the months before Christmas. As to labor Job Corp which

is a free government training program for 16 – 24 years and have trained over 2

million is ONE solution to labor shortage. The United States economy need more

skill labor and opportunity for those lack skill training. Job Corps—Suggested—16

to 30 years and double the budget from infrastructure bill, Inflation Reduction Act

and the Chip Bill.
What is a recession in the economy?

Image result for recession definition economics

A recession can be defined as a sustained period of weak or negative growth in

real GDP (output) that is accompanied by a significant rise in the unemployment

rate. Many other indicators of economic activity are also weak during a recession.

Short motivational quotes

• “Just one small positive thought in the morning can change your whole day.” — …
• “Opportunities don’t happen, you create them.” — …
• “Love your family, work super hard, live your passion.” — …
• “It is never too late to be what you might have been.” —

What are good short quotes?

Here are 55 of my favorite short quotes for you to read, remember and retell:

Love For All, Hatred For None. …

Change the world by being yourself. …

Every moment is a fresh beginning. …

Never regret anything that made you smile. …

Die with memories, not dreams. …

Aspire to inspire before we expire.

What is inspiring in life?

To live an inspiring life means that you are living life to the fullest. It

also means that you are living a meaningful life that is based on your passion

and your life’s true calling. By doing so, you can feel the happiness most

people are just dreaming to have.

What is positive inspiration?

Being positively inspired is when someone is making progress towards their

immediate, conscious goals and awakening to something new, better, or more!

What are some unique quotes?

Image result

Being Unique Quotes

“What sets you apart can sometimes feel like a burden and it’s not. And a lot

of the time, it’s what makes you great.” — Emma Stone. …

“In order to be irreplaceable one must always be different.” – Coco Chanel. …

“Always remember that you are absolutely unique. Just like everyone else.” –

Key Insights. An emergency fund can serve as your personal safety net during periods of financial stress. While you’re working, we recommend you set aside at least $1,000 for emergencies to start and then build up to an amount that can cover three to six months of expenses.

Bloomberg on Bank of America’s flow data: The “Rush to Cash Is Now at Fastest Pace

Since Pandemic.”

What is not clear is how far this phenomenon has run/can run … which, of course, is

critical for determining when this negative technical turns into a positive one for markets.

How do you build cash reserves?

It is important you build a cash reserve in order to improve the financial security of

your business.

…

How to build up your business cash reserves in 5 simple steps

Improve debt management. …

Have a tight invoice. …

Consider invoice finance. …

Cut down your expenses. …

Ensure you pay back your reserve.What does it mean to have cash reserves?

What Are Cash Reserves? Cash reserves refer to the money a company or individual keeps

on hand to meet short-term and emergency funding needs. Short-term investments that

enable customers to quickly gain access to their money, often in exchange for a lower

rate of return, can also be

called cash reserves

How do you maintain cash reserves?

Set a Monthly Target

Aiming to put aside whatever money is left each month is not going to work. It would be best

to budget your transfer to cash reserves in the same way you budget for costs. So, include

a specific amount of cash to transfer to your reserve account each month in your forecasts

Where can I invest cash reserves?

Money market funds are a good option as a secondary savings account or to hold a portion

of your emergency money. They’re offered by mutual funds and investment companies. The

funds invest in debt: super-safe, short-term Treasury bills, plus short-term municipal

and corporate debt (also known as “commercial paper”).

One difficulty with such a policy, of course, is that the Fed would be responding to past economic conditions with policies that are not likely to affect the economy for a year or more. Another difficulty is that inflation could be rising when the economy is experiencing a recessionary gap.

What does the dollar index do?

The dollar index tracks the relative value of the U.S. dollar against a basket of
important world currencies. If the index is rising, it means that the dollar is
strengthening against the basket – and vice-versa.

SHOULD YOU BUY 6 MONTHS TREASURIES

What is the basic definition of economics?

Economics is the study of scarcity and its implications for the use of resources, production

of goods and services, growth of production and welfare over time, and a great variety of

other complex issues of vital concern to society.

What is the meaning economic theory?

What are the 4 economic theories?

The 4 economic theories are supply side economics, new classical economics, monetarism and

Keynesian economics.

Supply-side economics is a theory that maintains that increasing the supply of goods and

services is the engine for economic growth. It advocates tax cuts as a way to encourage

job creation, business expansion, and entrepreneurial activity.

Keynesians believe that, because prices are somewhat rigid, fluctuations in any component

of spending—consumption, investment, or government expenditures—cause output to change.

If government spending increases, for example, and all other spending components remain

constant, then output will increase.

What is classical economic theory?

What are the main features of classical economics?

It focused on economic growth and economic freedom, advocating laissez-faire ideas and belief

in free competition. The classical economic theory propagated the countries to move from

the monarch rule to a capitalistic democracy factored with self-regulation.

What does consumer mean in economics?

Consumers are people who buy or use goods and services to satisfy their wants. When you eat

your dinner, you will be a

consumer.

What is the study of consumer economics?

Image result for consumer economics definition

Consumer economics deals with the question of how the consumer allocates his scarce means over

a variety of different commodities and services. The consumer is thought to be able to order

the various sets of quantities of goods and services that fit in the limited budget according

to his or her preferences.

How much do retirees pay for Medicare?

The Centers for Medicare and Medicaid Services has announced the standard Medicare

premiums for Part B beneficiaries will be $164.90 a month in 2023, down $5.20 from

the $170.10 monthly charge in 2022, or about 3% less.

Do you still pay into Medicare after 65?

Many people enroll in Medicare Part A at 65, even though they have employer coverage,

because it’s free unless they or their spouse has paid fewer than 40 quarters of Medicare

taxes. However, they may decide to wait if they want to continue contributing pretax

dollars to a health savings account (HSA).

Why is Medicare B free?

Medicare Part B is only free if you have a low income and are enrolled in one of the Medicare

Savings Programs for financial assistance. Eligibility for these programs varies by state,

and some states make it easier to qualify because of higher income limits or by eliminating

the asset requirement.

What happens if you don’t enroll in Medicare at 65?

Generally speaking, if you do not sign up for Medicare on time, you may have to pay a 10%

surcharge on Medicare Part B premiums for each year you go without coverage starting the

month you’re eligible for coverage. You’ll have to pay this penalty each time you pay your

premiums as long as you have Part B.

Should I keep my health insurance if I have Medicare?

There is no compulsion to have other health insurance legally speaking. However,

most people will want to have additional health insurance even when they have Medicare.

This is because Medicare doesn’t cover everything that most retirees would like covered.

What is core inflation vs inflation?

Image result for core inflation

One common way economists use inflation data is by looking at “core inflation,” which is

generally defined as a chosen measure of inflation (e.g., the Consumer Price Index or CPI,

the Personal Consumption Expenditures Price Index or PCEPI, or the Gross Domestic Product

Deflator) that excludes the more volatile …

Set daily goals.

This is very important, as it will give you a challenge for the day. Something you need

to work to meet up to. A daily standard. Once you have this goal set out every day you

won’t find it hard to work. You will always thrive to meet your daily target no matter

what.

Getting the training for the job and staying motivated daily to do the job.

Starting a new job can be very challenging for anyone. It’s never an easy experience, in

fact the whole process is very tedious. From the job searching, job application and

interview to starting the job itself. Most jobs require additional training before one is

hired. These trainings are usually things you weren’t familiar with before, but can help

you start up the job with much

ease once learned.

Apply for the job training with the mindset that this what you’re going to be doing for a

long time.

STARTING A SUCCESSFUL BUSINESS

Pay good attention to the training lessons and try to practice anything learnt immediately.

Make additional research on the job descriptions so that you won’t be lost in the training.

At least you will have good knowledge of what is being taught. One common mistake people

make when they go for job trainings is believing they know it all already. Swallow your

ego/pride and bend low to learn during a job training. After the training you’re good to go.

Staying motivated daily to do a job.

Motivation to work is something that can be very hard to a lot of people. Overtime, we tend

to lose interest to do a particular work because we no longer find reason to go on. Below

are ways to stay motivated daily to do your work.

1. Don’t think about your work as hard.

Try to see it as something you need to do to make a living. Without it you won’t eat nor

pay bills. Seeing it as hard work will only make your daily bread harder to come by.

2. Set daily goals.

This is very important, as it will give you a challenge for the day. Something you need

to work to meet up to. A daily standard. Once you have this goal set out every day you

won’t find it hard to work. You will always thrive to meet your daily target no matter what.

3. Learn to celebrate/reward success.

When you reach milestones, celebrate them. Reward yourself and/or colleagues. Let your

celebrations motivate you to work harder for the next milestones. Rewards and celebrations

are well known to motivate even the worst of us to try and do better in our tasks.

4. Read daily.

Learn to read daily, pick a chapter or couple of pages to complete before day’s end. Read it

whenever you’re free (less busy) from your work. Once you make this a habit, you will b highly

motivated to work daily because there’s always a great read awaiting you at the end of your work.

DO I QUALIFY FOR STUDENT LOAN FORGIVINESSWho will qualify for student loan forgiveness?

You qualify to have up to $10,000 forgiven if your loan is held by the Department of

Education and you make less than $125,000 individually or $250,000 for a family. If you

received Pell grants, which are reserved for undergraduates with the most significant

financial need, you can have up to $20,000 forgiven.

Where do you apply for student loan forgiveness?

Individuals seeking to apply for student debt relief can now fill out the form in English or

Spanish at Studentaid.gov. The form includes information on federal student loan debt

relief, who qualifies for it and how it works.

What is the deadline for student loan forgiveness?

Dec. 31, 2023

Apply today (but no later than Dec. 31, 2023). We’ll determine your eligibility and will

contact you if we need more information. Your loan servicer will notify you when your relief

has been processed.

Can I ask for my student loans to be forgiven?

Forgiveness programs are available based on the borrower’s loan type (federal or private),

repayment plan, career, employer and financial or personal situation. There are also special

circumstances, such as attending a predatory for-profit school, that may qualify for student

loan forgiveness.

Is student loan forgiveness canceled?

A federal appeals court on Friday evening blocked the imminent cancellation of federal student

loans under President Biden’s debt relief program, days after millions of borrowers began

applying for up to $20,000 in forgiveness.

Do I qualify for loan forgiveness?

Only borrowers who hold federal student loans and meet certain income requirement can qualify

for forgiveness. In 2020 or 2021, single-earners must have made less than $125,000, and for

households, less than $250,000. Note that you only need to meet the income requirements for

either 2020 or 2021, not for both years.

2023 Social Security Cost Of Living AdjustmentDoes everyone on Social Security get the COLA?

Not only those who receive social security benefits will receive the COLA, rather all

those who receive benefits from the various programs administered by the SSA will see

the COLA applied to their checks. This includes Supplemental Security Income as well as

Social Security Disability Insurance.

Who qualifies for COLA increase?

RELATED: Social Security increase 2023: What month will I get my COLA increase? Anyone

who is eligible to receive Social Security benefits, including retirees over 62 years

old, disabled and blind people, is eligible to receive the COLA associated with Social

Security benefits.

Will everyone on SSI get a COLA in 2022?

The latest COLA is 8.7 percent for Social Security benefits and SSI payments. Social

Security benefits will increase by 8.7 percent beginning with the December 2022 benefits,

which are payable in January 2023. Federal SSI payment levels will also increase by 8.7 percent

effective for payments made for January 2023.

Are SSI recipients getting a COLA check?

Cost-of-Living Adjustment (COLA) Information for 2023

Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million

Americans will increase 8.7 percent in 2023. Read more about the Social Security Cost-of-Living

adjustment for 2023.

How do I get the $16728 Social Security bonus?

How to get the $16,728 bonus in retirement?

Work as long as you can: the later you retire the higher your benefit will be. Remember that 70 is the maximum age. …

Years worked: If you work less than 35 years you will have a reduction in your SSA check. …

High salary: with a high salary you will have a high retirement.

Although the concept of timeshares is not new to the public still people have many questions about timeshares. Few of the most important frequently asked questions that people enquire about are discussed as follows

Is renting a timeshare better than buying it?

Buying a timeshare gives you much bigger choices. As an owner of the timeshare you get the amenities are better and cost much less. Owners can get discounts on lodging, entertainment, food, travel and many other resort facilities. The average rental fee is way higher than the average maintenance fee and is also increasing every year. In addition to all the above benefits a timeshare owner has equity in the property which can come to the advantage of the owner when he wants to sell it.TRY A LITTLE SUCCESS START HERE

Is buying a timeshare good investment?

Many people get this question in their minds whether to buy timeshares as an investment. The answer can be disappointing to you because it has been seen that the value of the timeshare depreciates with time and they can go do as much as 30%-50% depending on the location and season. A timeshare should be thought as an investment in life, for guaranteed vacations and better facilities. Also if you compare the cost of owning a timeshare with a hotel in long term period, a timeshare would save you a lot of money.

Can you rent your timeshare to somebody else?

Sure you can as long as you are the legal owner of that timeshare meaning you cannot rent out a timeshare that is received in exchange.
What is the procedure of making an exchange?

Most timeshare companies have business network with timeshare companies and you are automatically enrolled into exchange program and also the fee for the first year is paid by the timeshare developer in most cases. You can also go to the timeshare exchange company and put your timeshare for exchange. But keep in mind few things like you will get similar kind of unit meaning you can’t expect to get a two bedroom timeshare in exchange of a one bedroom. Also plan in advance if you plan to exchange timeshare as it may take a while depending on the availability. Also remember there is a fee for exchanging timeshares.

What are fixed week and floating week?

In a fixed week plan you are entitled to use your timeshare only at a specific week each year and specific unit. But in a floating week you have the option of choosing a range of week but only on first come first serve basis as many owners would like to do the same thing. The advantage of a fixed week is that your timeshare week is assured and also the unit you want. While floating week is advantageous to people who have schedule conflicts with fixed unit timeshare.

Are there any other additional fees when you buy a timeshare?

The answer is yes. Typically there is a maintenance fee and other fee like transfer fee if you are transferring a timeshare. There may be property tax also.

Should I have to pay any upfront fee while buying/selling a timeshare through a broker?
The answer is strict no. Experts say never every pay an upfront fee to buy or sell or rent timeshare. Like any other industry timeshare industry is also prone to many scammers and frauds. There have been instances where people paid huge upfront fee and they got nothing in return.

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According to the four largest United States Bank the economy is strong, consumers are

spending and have good savings. Great news for business but bad news for inflation

coming down. How do you slow an economy down, with 10 million job opening available,

creating over 250 thousands jobs monthly, and Federal Reserve with a Fund rate of less

than 3.5%???? November may see another 75 bps by the Federal Reserve but will do

absolutely nothing to slow the inflation down. The reason is even at 4% Federal Fund Rate

this is still a stimulus rate not a rate that discourage anyone from borrowing. I would

concede that mortgage rates at 7% will have a negative impact on purchases of homes and

the high prices of homes but this will not stall out inflation because it just to small

percentage of the overall economy. The solution to stall out inflation is the consumer

cutting spending, paying down debt and investing in USA Government Securities. Even a

6 months T-Bill is paying around 4%. The stronger families and individuals balance sheets,

the more disposal income and the stronger the economy.