Transfer $ 12 per Hour To $ 500,000

With all the available financial advice today it’s easy to get confused. Credit card debugging companies and various investment strategies are sometimes scams. They often fall prey to the financial ignorance of a population that is worried about consumption but doesn’t want to budget and save. Black people according to Nielson read many financial magazines 28% more than any other group, but are behind on wealth and backgrounds as a group.

In wealth terms, means home value, what you get after all bills are paid, retirement accounts, emergency savings and stocks etc. keeping the black and white diversity felt! According to the Washington Post, of the stocks, bonds and other holdings whites have $ 180,000, blacks have $ 1,100. We could go into all the statistics and variations but now I want to focus on the potential.

Having the right mindset to develop wealth is the start. Understanding that wealth is a slow process based on practical economic decisions where a combined interest expands your reach and lifestyle decisions protect you from outside conditions. You already know that my first rule is to live below your income, if possible below. It needs to be repeated and reasoned as simple as it sounds because it always has to live a lot or continue Jones ’in American society.

The next question is after living below your income that will allow you to make an emergency savings, what do I do with my excess cash? Any person who is growing wealth should always look for ways to make their money for them. You may want to invest in your own business or the business of family members. You may want to invest in home and house. We just cite the diversity of stock holdings. Don’t be afraid to jump. Do your research but move. You can invest in companies that you are already spending as much as you want. See if they have drip accounts. A drip account allows you to invest in stock shares with $ 25.

I have to turn it back to a story I read about 3 years ago. Mr. Earl Crowly worked as a parking attendant for 40 years making no more than $ 12 an hour but earning a stock portfolio worth $ 500,000 using drip accounts! This is his approach to wealth! You can use it for yourself and add other strategies to it. Mr. Crawley has no credit card debt and I believe his house was paid for. Even if he wasn’t a millionaire at the time of the account he probably is now. Otherwise, it doesn’t matter because he has laid a foundation of wealth and strategy for his children to follow from just $ 12 per hour! Mr. Crowley is the perfect example of The Trillionaire Next Door. I know he lives below his income based on his income he has no choice, but he saves and invests wisely! I just confirmed my point that hardworking people can build a foundation of wealth and financial independence for themselves and family by playing defense! It doesn’t matter how much money you get as long as you think right. Cut down on unnecessary spending, live below your income, save and make wise investments.

Why No More Bitcoin

Well, it’s been a crazy 10 years for Bitcoin. It’s actually been over 10 years since Satoshi Nakamoto first did it. Whoever, he, she or they, they have a huge impact on the world. There is no doubt that they predicted that reason they chose to disappear from the limelight.

That’s why more than a decade ago Bitcoin was still alive and much stronger than ever. Thousands of other crypto coins have come from all attempts to mimic the king of Crypto. Everything fails and will continue to fail. Bitcoin is a class. Something that cannot be imitated. If you don’t know why let me explain.

If you don’t know what Bitcoin is I’ll just give you a few brief key points:

  • Bitcoin Is An Online Cryptocurrency

  • It has a Maximum Supply of 21 Million

  • It Cannot Be Fake

  • Not All Coins Are In Circulation Yet

  • It’s Completely Decentralized No One Rules It

  • It Cannot Be Tested

  • This is Peer to Peer Money

  • Anyone Can Use It

  • Bitcoin Has A Strong Supply That Decreases Every 4 Years

What is the Difference between Bitcoin?

So what is Bitcoin different from all the thousands of other coins ever invented?

When Bitcoin was first invented it started to slowly spread among a small group of people. It grows organically. When people started looking at the benefits of Bitcoin and how the price would rise because of this fixed supply, it started to grow faster.

The Bitcoin blockchain has now spread to hundreds of thousands of computers around the world. It has spread beyond the control of any government. Its maker is gone and now it runs independently.

Developers can upgrade and improve the Bitcoin network but it has to be done with my approval for the entire Bitcoin network. No one else can control Bitcoin. This is what makes Bitcoin unique and impossible to copy.

There are thousands of other cryptocurrencies now available but as an example of how different Bitcoin is I will use the example of Ethereum. It is one of the most popular Alt coins today and since it was invented in 2015 by Vitalik Buterin.

Vitalik controls the Ethereum blockchain and basically has the ultimate say in any development that takes place in Ethereum.

Censorship And Government Interference

For this example we can assume that Iran sent billions of dollars to North Korea to fund their new nuclear weapons program. This is not a good situation but it should show you how your money is safer with Bitcoin!

Anyway .. first example. Iran used the standard banking system and transferred this North Korean currency in USD. The US government says to hang on for a minute, we need to freeze these transactions and confiscate the money .. Easy. They did that straight away and the problem was over.

Second example. The same thing happened again but this time Iran used the Ethereum blockchain to send money to North Korea. The US government saw what was happening. A phone call was made.

“Get Vitalik Buterin Here NOW”

The U.S. government “put pressure” on Vitalik and he reversed the blockchain and canceled transactions with Iran. (The Ethereum blockchain was actually moved in the past when a hacker stole multiple amounts of funds).

Problem solved. Unfortunately the confidence in Ethererum is damaged along with the price.

Ethereum is just one example, but this is true for every other cryptocurrency.

Bitcoin Can’t Stop

So the same thing happened. This time Iran is using Bitcoin as their payment method. The US Government sees this and has no power to stop it.

No call. No one can be forced. Bitcoin is beyond censorship.

Every other cryptocurrency out there is created by one person or some company and that is always the point of failure. They are still centralized.

Another example is when Vitalik’s family was taken hostage .. Bitcoin is more than anything else and that’s why it’s the safest investment on the planet.

Learn How to Use Bitcoin

Everyone should own some Bitcoin. It’s not if it’s not dangerous though. If you are new to Bitcoin you need to learn as much as possible before investing any money. Owning Bitcoin carries a lot of responsabilty. Learn how to use Bitcoin safely.

Creative Ways to Increase Your Income

There is no denying that times are hard and some extra money can really work for a lot of people. Whether you’re saving for something special, trying to pay off debt, or just need more money to survive, there’s helpful bonus money. While some people may have the option of asking for a raise or they have the time and determination to take a second job, other people are looking for many creative ways to increase their income. The good news is there are many options when it comes to scoring some passive or relatively passive income. Those with skills for stock market management can try online options for live trading. This is much worse than consistently building your 401K, but risking a little money on a daily basis. Marketing technical analysis can be fun and it can give you extra money every month with a little effort outside of research.

If the stock market is not your thing you can still find ways to make passive income online. A great way to do this is to sell products online. This means you post your product once in a while and it keeps selling without you trying. If you want to craft and have a house full of goodies you can use the Internet to sell. If you’re lacking in familiarity, consider shopping for local items in your town and posting items online. You’ll be shocked to find out how many people are willing to pay a lot of money for local things that you don’t pay for.

If you lack computer skills, think of other ways you can make more money with less effort. If you’re a stay-at-home mom, you might want to consider watching other kids all day. While having another child around may mean a bit of work, you’re still doing the same thing you normally do every day with more body in your care.

If watching some kids in the neighborhood isn’t for you, you can still add to your daily housework and make a lot of extra dollars. If families in your area work full time, they may not have time for tasks such as laundry or cooking. If you can throw in a few extra loads of laundry each day you can get an extra dollar. And imagine how happy a working mom would be if she could swing into your house and take dinner home. All you have to do is double your own dinner recipe.

There are many ways to generate more income if you just put your mind to work and be creative. Talk to people around you and the activities you participate in. There is always an unmet need for some product or service. The next big idea may be coming soon.

Steps to Creating a Strong Financial Foundation

Are you the master of your wealth? You have to!

To build a strong structure, you need to start with a heavy financial duty to keep you going now while solidifying your future goals. What do you need to do to put the structure in place? It’s strangely clear cut. Bottom line tactics can help to boost your financial self -confidence and position yourself for financial success.


Before you can move on, you need to be clear on where you stand financially right now. You can start by developing a personal balance sheet. Make a list of each of your assets (what you own) and responsibilities (what you owe). If you have already gathered all your statistics that will give you a sense of your net worth.

Next, find out your monthly cash flow and check your credit. You can use a budgeting template like this to help simplify the process.

Improving Your Net Worth

– Analyze your home acquisition fee

– Make sure you spend less than you earn. Track your own finances with a tool like Moneydesktop, which can empower you to take control of your finances and simplify your life.

– Manage your debt responsibly by making your payments on time and paying more of all your consumer debt.

– Save money for your long -term purposes. Open a job promotion 401 (k) and make sure you take advantage of any employer-compatible programs.

Protect Yourself

Now that you are organized and following a growth plan you need to make sure you are financially secure. Try implementing these options.

– Create an emergency fund because life will happen. You need to be able to continue to survive financially – as opposed to going into debt if you face unexpected expenses or other financial crises.

– Check your insurance protections. These types of policies can help to limit your out -of -pocket expenses when unexpected expenses arrive.

– Make sure you have built or updated your land plan. This may include updating your will, creating a living trust and creating a power of attorney and a healthcare directive.

Prioritize Your Debt Reduction

Beware of excessive additions by paying excess interest on the money you borrow. This will prevent you from putting money into your other financial purposes. Debt settlement is a perfect way to start building your financial foundation. If you are interested in implementing a quick to track debt repayment strategy try the debt snowball method or other financial strategy to lower your interest rate.

Define your financial goals

Now that you’ve put together all the pieces for your financial foundation it’s time to ask yourself what you want for the short and long term. Remember, your goals need to be SMART: Specific, Unmeasurable, Reachable, Reasonable and Timely. Below are some concepts to help you get started.

– Save for a down payment for a house

– Create retirement funds

– Save for college kids

– Set up an emergency fund

– Save for the holidays on the bucket list

– Become financially free

Now It Happened

– Discipline: Stick to the plan

– Maintain a balanced budget. You can’t be financially healthy if you spend more than you earn.

– Automate your finances (regularly transfer money from checking to savings, and pay bills online)

As you can see, building a financial foundation requires a lot of focus and determination. If you follow your step by step you will inevitably see consequences. More importantly you start to trust your ability to create and maintain your new financial health.

3 Ways for a Teenager to Gain Wealth and Maintain Financial Sustainability

A person’s success can be identified by the legitimate ways in which he or she derives the benefits. It can be the result of effort and self -judgment. To some people, it is if not because they believe that success comes from the approval of the Supreme. Wealth can sometimes be described as the simple ability for an individual to achieve his or her desires without limitations.

Millions of people living in the world today believe they have hands on deck to achieve their goals and what matters, are they really working for a lasting purpose?

Probably, about 5% of the world’s people have the wealth to sustain and provide their demands at any given time. They are known to be the most influential people in the world. Their achievements cannot depend on difficulty, as a result of self-judgment to make services for the majority of the population available.

In this article, we provide three (3) ways to acquire lasting wealth to suit people’s expected desires. However these methods are classified among three groups which are inventors, investors and salary income groups.

The group of Inventors: This group can be found among famous artists such as artists, artists, musicians and inventors. They often worked for the philanthropy that later on, they were shaped by fame that attracted wealth for them. Sometimes, their wealth is not due to mismanagement. Cause because most of the people in this group are teenagers who don’t believe in finding a job. They find it easy to go with their passion but lack of knowledge about management will eventually lead them to financial loss.

The Salary Income Group: These people work for agreed terms and times for their employers. If they know their job requirements, they get paid for the specific job. Anyone as a government or private sector worker, they rely on their monthly, weekly or daily salary which is always limited to what they want.

A teenager in this group will sometimes have a hard time satisfying their most immediate needs as they end up looking for leverages, loans and debts resulting in debt. At most points they are confined for a fixed period of time to others to achieve their long-term aspirations. Only 30% of people in this group step up to do other earnings on their own.

Investors group: This group of people believes that everyday activities in the world depend on business transactions and risks.

Although not many of them have succeeded in this path. Few believe that risk accompanies every step of business deals.

This group of people invested at a low rate and gradually achieved a much higher level of wealth. They focus on the lofty purpose of creating more and more lasting wealth than other high -end groups. They are the owners and owners of the people who make a fortune for them on a daily basis.

Wealth acquisition depends on the different groups you choose to belong to. Any of these groups can provide you with resources but it takes the skill and understanding to manage the methods of others to sustain them for the future.

Stimulus Packages Stimulus in Finance and Gold

The new coronavirus is tragically deadly not only for humans but also for the world economy. Central banks fired their bazookas, but monetary policy did nothing during pandemics with their supply disruptions and self -quarantine effectively freezing economic activity. Interestingly, even central banks seem to recognize their incompetence. As Jerome Powell said in his current press conference:

“We don’t have the tools to reach individuals and especially small businesses and other businesses and unemployed people … we think financial responses are critical.”

It didn’t take long to convince governments to intervene and increase their spending. For example, Spain announced a $ 220B stimulus package or almost 16 percent of its GDP. The UK has revealed even the greatest stimulus: an unprecedented $ 400 billion financial rescue package, which is almost 15 per cent of GDP, to “support jobs, income, and businesses”. Germany is still going strong: the country has allowed its state bank, KfW, to lend up to $ 610 billion, or nearly 16 percent of GDP, to companies to curb the effects of the coronavirus.

Trump has already signed two packages, but only cost $ 108 billion. But don’t worry: Americans haven’t said their last word yet. Republican and Democratic senators have reached an agreement on a nearly $ 2 trillion stimulus package. Yes, you read it right. Two terrible trillion! But if you think it’s a lot, you’re wrong! In terms of U.S. GDP, the two trillion is ‘only 9.4 per cent. So, don’t worry, there is room for more encouragement if needed.

Will too much fiscal stimulus help? That’s it, it depends – the devil is in the details. Many depend on how much government money is spent while dealing with this pandemic. The costs of healthcare and research about the vaccine are very high, so even financial scapegoats (like us) won’t complain. However, this will not be the way to the F-35 and let’s also say that funding infrastructure projects is not very helpful now. You see, it’s a unique situation where the entire economy has come out to smooth out the curve and prevent the health system from collapsing. But if companies don’t act, they don’t have profits. Without income, people have no wages. Without wages and income, debts cannot be paid. Without payment, the banking system collapses – and the whole system collapses like a house card. So, some support is needed to prevent that – so that people can smoothly pay their obligations.

Whether quick fiscal policy can help or not – it remains to be seen. But the recent unprecedented fiscal stimulus has a significant consequence. Fiscal deficits will rise. Forget about savings, surpluses or even a balanced budget. Therefore, public debts must be complied with.

Why is this important? Thus, the level of world debt is sky high. In Q3, global debt, which includes loans from households, government, and companies, rose to $ 253 trillion, or more than 322 percent, the highest level on record. In many countries, public debt goes to volatile levels.

In addition, the likelihood of the U.S. going into stagflation has increased, and this means that investing in gold is likely to be more attractive. It may be a good idea to think more about the precious metal, before it becomes clear to all investors – if it does, its price is likely to be much higher.

Avoiding the Next Financial Storm That Will Affect Most Americans Soon

My biggest fear with most Americans is whether our money will survive during retirement or whether we will have enough money to rest everyone. As long as our government lives on different terms than the people they govern I have already seen millions of Americans suffer financial strife later down the road. Most Americans actually think that Social Security is enough to get them through their night. I personally think that Social Security is not available to most of us and if you rely on Social Security to support you in your twilight years, you will know that it is not enough. Social Security is designed solely to help with your investments, retirement plans, and / or savings. It is not designed to act as a retirement plan.

Since I’ve had the luxury of being with the banking industry for over 30 years now I’ve seen thousands of seniors ’savings accounts with as little as $ 10,000 in them. I spoke in Northern California in 2004 where I mentioned that a lot of jobs used by children and young teens no longer exist because seniors don’t have the money to retire. I was laughed at from the stage by 6000 people. Who is laughing now !. There are no more paperboy jobs for kids because seniors are now occupying the jobs. I also said that most fast food jobs along with Walgreens and CVS jobs will no longer be occupied by high school teenagers and will be replaced by senior citizens, just look around and tell me no it happens right in front of your eyes. People are no longer laughing. I also told the people at the seminar that I saw thousands upon hundreds of thousands homeless in the next 10 to 20 years.

You can inform thousands of people living under freeway ramps across the country. They live in tents and bathe in the bathrooms of fast food restaurants. It happens in the largest country in the world. You can keep looking the other way but as soon as you have nowhere else to see. If the government doesn’t do something as quickly as possible, everything you know will come to an abrupt end.

Five Straight Steps to Opening an Offshore Bank Account

No matter what you may have read or heard, anyone is free to open an offshore bank account today! In fact, overseas banking has been successfully used for tax evasion and asset protection by both individuals and organizations around the world for decades.

And opening an offshore bank account in this day and age couldn’t be simpler! Here are five straightforward steps to take to open an offshore bank account.

Step One – Understand the Advantages of Offshore Banking

There’s no point in opening a bank account on the beach if it doesn’t work for you! That’s why you need to understand some of the general advantages of offshore banking.

Being in an account owner’s own situation it is possible to reduce tax liability, increase wealth potential and increase the privacy of using an offshore bank account.

Additional advantages for the expatriate or internationally focused individual are the flexibility, ease of access and access to the world that can be provided with an offshore bank account.

Other general benefits may include property protection, land planning, better interest payments and the opportunity to take advantage of active business interests abroad.

At this point it is important to point out that each individual’s circumstances are unique and one should seek oneself for professional advice before traveling outside the world. This article does not contain direct personal advice.

Step Two – Choose Your Jurisdiction Carefully

There are many offshore banking providers that offer a wide variety of account types and they are located at the bottom with no tax jurisdictions around the world so how do you choose which country to bank in? Again, relying on an account holder’s own circumstances some coastal jurisdictions will present themselves as very superior.

Jurisdictions range in quality from highly regulated, newspaper and economically stable such as the Isle of Man, Jersey and Guernsey to high risk jurisdictions that few would recommend!

Keep in mind that an offshore center suitable for an American expatriate may be less suitable for an English international investor! Consider your circumstances, your country of residence, country of domicile and any reporting restrictions placed on you. Further review the reporting requirements in any jurisdiction you prefer.

Step Three – Choose Your Offshore Banking provider

Do your due diligence and find out who is the financial security behind a particular bank. Research the history of the bank regarding its strength and reliability. This research is especially applicable to those considering banking with a lesser known overseas carrier.

Obviously if you’re thinking about opening an HSBC offshore bank account then your research doesn’t have to be too serious!

You need to make sure that you are comfortable with the behavior of your chosen bank towards you, its customer, and if you are considering online banking make sure that your bank connection will be secure.

Most of the important information can be found online.

Step Four – Choose the Right Bank Account

With most providers seeking for customer attention there are more account types on offer now than at any other time in the past. Each account structure claims to offer something that others do not, but keep in mind that the more bells and whistles you add to an account structure, the more expensive the charge for running and marinating the as a structure! And who will suffer the brunt of these costs? Most likely you – the customer!

So, think carefully about exactly why you need an offshore bank account and what features of that account are important to you. Don’t be tempted to add to the list any unnecessary complexity.

Keep in touch with your immediate money management needs; do not be tempted to deviate!

Then do what is offered and choose the type of account that best suits your needs.

Step Five – Opening a Bank Account

Nowadays you don’t have to visit the overseas jurisdiction where you want to bank, or you also have to travel the country for continuing your banking activity and maintaining the account.

Depending on the jurisdiction you want, the provider and account type you choose you will need to submit some paperwork, verified ID form and deposit funds.

Most legitimate offshore banking organizations will also allow customers to conduct all ongoing banking activity via the internet, e-mail, post, fax or telephone.

With many providers now offering full credit and debit card services as well you have quick and direct access to your funds at all times.

How to Create and Maintain Wealth

The process of creating wealth, though not easy, is simple. Anyone who follows the basic principles of wealth creation will certainly become rich.

There are four basic principles of wealth creation and sustainability. These are:

I. Giving ii. Storage iii. Investment iv. Wise spending

It is very important that we teach our children these principles of wealth creation and livelihood. If our children start doing them now, they can get rich early and pass on the wealth -making skills to their own children as well.

Any time we (or our children) get money, the first thing we need to do is give at least ten percent of the money left over. Christians call this tithing, but Christians are not the only ones to give a minimum of ten percent from what money they earn. Muslims also give Zakat while others give directly to those in need or to charity.

All creatures from God must give in order to be blessed. If we give, we will receive many blessings. So it is safe to say that when we give, we are giving for our own benefit because the word of God in the bible says,

Give and you will be given. A good measure, pressed down, shaken together, and running over, shall men give into your bosom … (Luke 6:38)

Some people think that what they have is too little and they can’t get it. Some even think they are too poor to give; this is not true. In fact, the less you have, the more you have to give. Why? It is because the poorer a person is, the more the person needs the blessing and the blessing from giving.

We give God more than money. You can also give your time and talent to caring for those in need. For example you could volunteer your time, talent or energy to help a charity home. God wants us to love and help people. If we take our ten percent of our places of worship, we give it to God. However, God does not come down in a physical body to take the money but His people in our places of worship (pastors, ministers, missionaries, evangelists, etc.) are working to fulfill God’s plan here on earth. They use the money to care for the needy and to teach people about God’s good message. They spread the word of God.

God gives us life, talents and time so that we can give our time, energy and talent to help people. For example, if you know how to draw, you can donate by making posters or drawing to decorate the walls of orphanages or charity homes. Such photographs can also be given to sick children in hospitals to make them happy.

How do you use your energy? You can help seniors run errands or do household chores. You can also help clean up your place of worship on Saturday when you don’t go to school.

So, start giving and start building your wealth (smile) Let me stop here until next time as we continue to talk about the principles of wealth creation. To Your Lasting Wealth!

Blockchain Enterprise Solutions: What Can They Do For Your Business?

Despite the popular conviction that blockchain technology is only designed to enable cryptocurrency transactions and obtain bitcoins, the blockchain continues to penetrate it in many areas of life: social media, gaming, healthcare, real estate, and etc. The technology aims to improve work efficiency, reduce costs for businesses and improve the customer experience.

Blockchain can be defined as a digitalized database and it belongs to digital ledger technology (DLT), which means there is no central data store or management tool. Why is this an advantage for a business? Decentralization coupled with transparency, gives every participant the opportunity to see all recorded data, ensure its security and track important information.

These are areas that have already been blocked and this technology has been proven to be reliable.

For example, chain management is a key but weak part of the workflow of many companies. The parties involved in the process often do not interact directly with each other and even use paper-based methods to collect and store information. Blockchain offers complete elimination of paperwork: the flow of documents is made automatic, digital certification is also used. More importantly, every authorized member of the supply chain can track the product from the manufacturer to the consumer and prevent counterfeit distribution.

Many American retail giants have encountered food -initiated illnesses and are increasingly remembering food, implementing blockchain technology in their food supply chains. In the past, tracking a product took a seven-day minimum, and nowadays the identification of a food item can be detected in seconds.

Thus, blockchain solutions make the recall process faster, more efficient, and save cost. Meanwhile, customers are also experiencing blockchain adoption in their hypermarkets. For example, in China Walmart stores, they can scan the QR code and get all the information about the product: from the location of the farm to the inspection certificates.

Healthcare is the field where blockchain-based solutions are establishing themselves as a more secure and transparent way to store electronic health records (EHR). Both physicians and patients received permission to access the records and use them as needed. At the same time, blockchain solutions are driven by smart contracts that are able to protect the privacy of EHR data. Encrypted health and clinical research device data, assurance can be enforced and stored as well. Another case in point is withholding prescription medications.

E-commerce is increasingly in need of blockchain technology. Again, the supply chain is an important aspect here: monitoring items and managing supplies are always challenging tasks but the blockchain helps businesses manage their inventory more effectively. Consumers who rely on their money and data in e-commerce unions are concerned about data security and transparency but this issue can be addressed in blockchain development. Even small transaction changes are obvious in a blockchain, and tracking who made a mistake is no longer a problem. It is also possible to make crypto payments.

The next area actually has to do with cryptocurrency transactions. DeFi, short for decentralized finance, not only includes the simple transfer of assets, but also addresses more complex financial use cases. The implementation of the blockchain contributes to the non-intermediary and, as a result, reduces costs. All transactions are encrypted and non-transferable, a multi-step authentication mechanism that makes the system difficult to access for unauthorized members. Among today’s novelties is the opportunity to resort to P2P lending services and digital banking.

Social media has the potential to be affected by the blockchain as well. With its global popularity and the ability to connect with people around the world, social media is still dangerous for account hacking, identity leaks and copyright infringement. To address those issues, the blockchain offers author rights protection, digital verification and non -discriminatory licensing.

Homes and houses, eGovernance, gaming industry and others have joined the wave of blockchain adoption. Once your business has chosen innovation, entrust the implementation of the technology to one of the business blockchain companies that will develop a DLT future business policy for you. With blockchain, your business can change the rules of the game in your field.