Free Credit Report Repair Guide

A new report published by the British Medical Journal finds the healthier you are the richer you will be. They conclude there is a link between health and wealth. They also point out the tall people are more likely to make more money than shorter people.

I have often said Debt reduction is similar to weight loss. So to take my analogy further as you work on debt reduction, working out could help you make more money which means you can reduce your debt faster and start to make that money work for you.

I have a friend who I have personally lent $12,000 to in the last 5 years. He is my best friend as you can tell… Of the $12,000 dollars I have lent him, he has paid back about $5000. Not bad but not great. Before you guys jump all over me I stopped lending him money about two years ago and have him on a monthly repayment plan. So far so good.

I really didn’t want to share this with every one but the fact is friends will ask for money and it can in many cases lead to the end of a friendship. I would highly recommend people learn from my mistakes.

Because my friend is on a monthly re-payment plan we are able to stay friends. If he just “shined” me there is no way we would still be friends today. Bottom line, think twice, three times and then thing again before lending substantial amounts of moneys to a friend. More likely than not lending money to a friend who is not capable of paying back the loan will be the end of the friendship.

Technorati Tags: money, lending money

The world economies have definitely changed. How about making $450,000 in two years playing video games? Tom Taylor did it and he is a teenager. He is listed in Stuff Magazine and is part of an upcoming 11 week reality show on the USA network. This weekend he is competing in an online gaming torment in Los Vegas where the grand prize is $100,000!

Why does this teenager make so much money playing games? He found something he loves and has passion for and went out and made money at it. I guess this story was important to me because a lot of people are experts in a number of different “things” and could make extra income sharing their expertise. We have to realize our special knowledge and find ways to monetize them. With the internet this becomes easier and easier to do.

Many of the debt reduction experts suggest raising income by cutting cost, selling stuff or getting a second or third job.

Let’s say you were a very knowledge able about dogs and yellow labs in particular. You could open a blog for free and start sharing your knowledge. There are a variety of things you could do to turn the blog into a revenue generating venture.

Find our passion and start small with little to know cost and take daily action to grow your revenue. The world has definitely changed but in terms of earning extra income with little to no down side, I think it has changed for the better.

Technorati Tags: playing video games, Tom Taylor, USA network, Los Vegas, debt reduction experts, yellow labs

Microsoft Office Accounting Express 2007 is a free accounting tool! I was amazed to see no charge for this product. I personally bought Money 2004 and still use it today. I have said this many times but having a budget is really the only way you will get out of debt.

Budget let’s you see the numbers and numbers don’t lie. A budget also allows you to make an accurate game plan for debt pay off. A budget allows you to measure your progress and gives you motivation as you work your way out of debt.

If you are not a fan of Microsoft you can use budgetmaster. It’s a free open source personal budgeting program. I also did a search on Google for free budgeting tools and the result are here. So pick your tool and take action. Start your journey out of debt. Make the plan and mange to your goals.

You will be crushing your debt in no time!

Technorati Tags: Microsoft Office Accounting Express 2007, free accounting tool, Money 2004, get out of debt, budget, Microsoft, free open source personal budgeting program, Google