BUILDING WEALTH IN TIME OF HIGH INFLATION

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Building wealth in time of high inflation is possible. The key to building
wealth is cutting spending, paying down debt, increase saving, and earning
additional income.
Starting a residual/passive income business in your spare time is generating
additional income is another way to build wealth during this period of run
away inflation.
Avoid debt such as credit for usual purchases. Less credit the more disposal
income and funds for investments.

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6 STEPS TO A SUCCESSFUL BUSINESS—you will be more successful with a solid business model to work from, clear direction, training, and support

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DRESSING FOR YOUR BEAUTY AND PLEASURE AND SUCCESS

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Dressing For Success

“Style is the way to say who you are without having to speak.” –Rachael Zoe

What you wear represents your lifestyle and personality more than your words can ever do.

There are a few pointers that you should keep in mind if you want to make an impression with your clothing especially when it comes to your professional life.

If this is what you are looking for, then you have come to the right place.
Here is how you need to dress for success!BECOMING RICH REQUIRES KNOWLEDGE/ENDURANCE/PERSISTENT/MOST OF ALL A DESIRE WITH A PLAN

#1 Look Trendy But Polished:

Keeping up with the latest trends is always a good idea but sometimes the street style is not so appropriate for professional dressing.

Wearing your jogging attire paired with neon chunky sneakers to work is not a good idea except you want some weird looks from your colleagues.

Make sure your outfit looks polished and put together while you follow the current trendy.

INFLATION 9.1% — JULY 14, 2022 BEATING INFLATION WITH BUDGETING

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What is the 50 30 20 budgeting method?

The rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must-have or must-do. The remaining half should be split up between 20% savings and debt repayment and 30% to everything else that you might want

What are the 5 steps to budgeting?

5 Steps to Creating a Budget

  1. Step 1: Determine Your Income. This amount should be your monthly take-home pay after taxes and other deductions. …
  2. Step 2: Determine Your Expenses. …
  3. Step 3: Choose Your Budget Plan. …
  4. Step 4: Adjust Your Habits. …
  5. Step 5: Live the Plan.

What are the 4 budgeting methods?

There are several different approaches to budgeting for businesses but these four types of budgets are the most commonly used: incremental budgets, activity-based budgets, value proposition budgets, and zero-based budgets

Why is a budget important?

A budget helps create financial stability. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home. Overall, a budget puts a person on stronger financial footing for both the day-to-day and the long term.

How to Create a Monthly Budget in 6 Steps

  1. TOTAL YOUR MONTHLY TAKE-HOME PAY.
  2. ADD UP WHAT YOU SPEND ON FIXED EXPENSES.
  3. ADD UP WHAT YOU SPEND ON NON-MONTHLY COSTS.
  4. ADD UP CONTRIBUTIONS TO FINANCIAL GOALS.
  5. ADD UP YOUR DISCRETIONARY SPENDING.
  6. DO SOME SIMPLE MATH.

SUCCESS IS BORN OF PURPOSE —SUCCESSFUL INDIVIDUALS ACCEPT THE FACT SUCCESS IS NOTHING MORE THAN LEARNABLE SKILLS AND HABITS

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What do you consider as success in life?

What is the meaning of being successful in life?

What is the proper definition of success in life?

What is the best way to be successful in life?

Discipline, determination, and desire. It is for everyone in order to achieve
success.

Time management is of course 2nd on the list when it comes to success.

Setting goals, accepting the fact that will be obstacles is the by far the most
critical aspect of not only achieving success but BEING successful.

OVERCOMING OBSTACLES

Determination is a positive emotional feeling that involves persevering towards a difficult goal in spite of obstacles.

determination occurs prior to goal attainment and serves to motivate behavior that will help achieve one’s goal.

Empirical research suggests that people consider determination to be an emotion; in other words, determination is not just a cognitive state, but rather an affective state.

In the psychology literature, researchers have studied determination under other terms, including challenge and anticipatory enthusiasm; this may explain one reason for the relative lack of research on determination compared to other positive emotions.

Wikipedia

How does determination help you?

What does determination really do?

What is a determined person?

What is the definition of determination?

STEPS TO INCREASING DETERMINATION

THE RETIRED LIFE YOU’VE DREAMED OF — MAKE IT A REALITY

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5 STEPS TO WEALTH BUILDING, CUTTING SPENDING, PAYING DOWN DEBT, SAVING,
INVESTING, AND OF COURSE EARNING ADDITIONAL INCOME

RETIRMENT: Everything you need to Know about Planning For and Living
The Retired Life You’ve Always Dreamed of (Two Book Bundle) by Inspiring Life Design

How to Retire Happy, Wild, and Free: Retirement Wisdom that you Won’t Get From
Your Financial Advisor by Visions International Publishing,

The Single Woman Guide to Retirement by Wiley

The Bar Harbor Retirement Home For Famous Writers (And Their Muses): A Novel
by William Morrow Paperbacks)

PLEASE LEAVE A COMMENT ON RETREMENT. WHAT RETIRMENT MEANS TO YOU, HOW TO ENJOY RETIRMENT
HOW TO STAY HEALTHY IN RETIREMENT OR ANY COMMENT YOU WOULD LOVE TO POST. THANK YOU Continue reading “THE RETIRED LIFE YOU’VE DREAMED OF — MAKE IT A REALITY”

7 GREAT BOOKS ON BRAIDING – – – SIMPLE AND EASY

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CHECK OUT HOW INEPENSIVE IT IS TO STYLE AND BRAID YOUR HAIR. THE LOOK
YOU HAVE ALWAYS WANTED!!!!!

PLEASE ORDER AN ITEM. IF YOU REALLY WANT TO LOOK UNIQUE — IT START WITH THE HEAD

PLEASE SHARE THIS POST WITH YOUR FRIENDS. NEXT POST WILL COVER MAKEUP AND SKIN CARE.

YES YOU WILL NEED A MANNQUEIM HEAD TO PRACTICE ON A TRAINING HEAD

A STEP BY STEP MANUAL TO POPULAR STYLE WILL BE HELPFUL

SENIOR POVERTY — FINANCIAL FREEDOM — FINANCIAL INDEPENDENCE

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More than 37 Million older adults do not have enough money to

make ends meet. That’s 1 in 3 seniors who can’t afford to pay for

utilities, rent, medication and food.

In a country that prosperity is everywhere, why does such poverty

exist? I look around at my family to see whether such circumstance

exist. I have discover that what I often heard, I’ll GET BY, I’M DOING ALL

RIGHT, AND I’M DOING FINE has resulted in low Social Security benefits

and Individual Retirement Accounts.

Some seniors are drawing almost $3,000.00 while others are drawing

less than $1,000,00. With no retirement account it become impossible

to have a decent standard of living in the United States of American.

(NOTE: I would like to see Social Security for seniors $300.00. Funds could

come from the profit made by the Federal Reserve each year.)

Of course it’s up to the 20 million seniors to write their Senators

and Representatives to get it pass. This will not cause a tax increase

just funds that Federal Reserve earn.

VETERAN/THOSE WHOM HAVE SERVED — QUALIFYING FINANCIALLY FOR IMPROVED PENSION WITH AID AND ATTENDANCE

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Qualifying financially for VA Improved Pension with Aid and Attendance requires that asset and income tests be met.

Unfortunately, the VA does not provide “red line” asset and income limits and instead uses formulas.

Income:

To qualify for the maximum award, GROSS household income from all sources (including that of the spouse if married) must be totally consumed by Unreimbursed Medical Expenses (“UME”) which may include payments made to a family caregiver (other than the spouse).

Payments to a caregiver must be evidenced (copies of cashed checks) and an affidavit signed by both the caregiver and the care recipient indicating the type of care being provided, the frequency of the care, and the amount of compensation must be submitted.

As a previous poster suggested, payments for care to a family member may cause an issue with Medicaid eligibility and a properly drafted agreement between the family caregiver and the person providing care is recommended.

Assets:

There is no stipulated asset limit although many will incorrectly state that there is a limit of $50,000 for an individual and $80,000 for a couple.

These numbers only apply to VA internal processing and have nothing to do with qualification.

In determining an “asset limit” the VA looks at the family’s “gross estate” (essentially everything except the homestead residence, automobile and personal effects) and asks the following question:

“If the gross estate is divided by life expectancy, will the result cover reported unreimbursed medical expenses for the life of the claimant?”.

If the answer is “yes”, no award. If the answer is “no” an award may be granted.
Other matters:

A partial award may be granted which seems to be the case here. Continue reading “VETERAN/THOSE WHOM HAVE SERVED — QUALIFYING FINANCIALLY FOR IMPROVED PENSION WITH AID AND ATTENDANCE”

INFLATION 9.1% AND CLIMBING. HEADLINE STORY JULY 13, 2022.

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Will the Federal Reserve increase interest rates by 100 basis point at

their July 24-25 meeting? Global wise most nations central bank is

increasing interest rates to STALL out inflation and bring it down.

By removing trillions of dollars, euros, or what ever the nations currency

is, will remove easy credit from the economy. This will affect individuals,

families, and business. In the United States of America the Federal

Reserve has no choice because our economy will fail at double digit

inflation or prolong high inflation. Until the Federal Reserve get inflation

under control and bring it down to 2% to 3% year over year, everyone

can help reduce inflation. These five things is easy, tighten your budget,

cut spending, pay down debt, save, invest and earn additional income.

Always keeping in mind, the more you have the better off you are.