Financial Solution News

Last week’s post on Motivation was an important one that it deserves a revisit.  Motivation is never a question when we have passion.  When we are doing something we love, we will do everything we can to make it right.  We don’t complain, we don’t find excuses and we don’t worry about the work we’ve put in it.
When we are passionate about it, motivation will come naturally!
Last week, I asked you to go find your passion.  Have you tried yet? Reader Chris Eaker definitely tried, but he asked an important question:

Do you have any insight about how to find your passion? My problem is that I haven’t had enough varied experiences in my life to know what I’m passionate about.

In response, Sam wrote:

In order to figure out what your passions are, take note of the times when you felt the happiest, on target, and most connected with others and [...]

Original post by MoneyNing

Why get out of debt?
God didn’t create us so that we could seek our own satisfaction.
I believe that God put each person down here for a reason and that reason is to bless others. In doing so, we will be blessed.
I have found in my own life that my most joyful moments often revolved around me helping or doing something to benefit another person. This was the reason for starting Free Stuff Friday. Meanwhile, my most painful, sorrowful, and sad moments were taking place when I was thinking about myself. Often times one of the quickest remedies to a struggle that we are having is to get our minds off ourselves and go do something for someone else.
So what does this have to do with getting out of debt? A whole lot actually. Your motivation for wanting to get out of debt should go beyond yourself. Sure, it will be [...]

Original post by bob

Hearing about bank closings will make any optimist uneasy about the future. so I thought this might be a good time for everyone to know if their accounts are insured and if their bank is healthy or not. Here is some info about FDIC..from FDIC.gov.
What Is the FDIC?
The FDIC – short for the Federal Deposit Insurance Corporation – is an independent agency of the United States government. The FDIC protects you against the loss of your deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government. The term “insured bank” is used in this brochure to mean [...]

Original post by Everything Finance

I don’t believe there are any media mention this week but maybe they will start linking to my giveaway because I’m giving away free gas cards! Joining is quite easy so good luck to those who enter!
I also added a new section on the right sidebar during the last week. Advertisers who are interested in building your brand should contact me or directly buy a spot by clicking on the “Advertise Here” link.
It seems like everyone is becoming a full time blogger! This is great because it means bloggers will have more time to write great content! Great move everyone!

Canadian Capitalist reminds everyone that we should be happy when it is the bear market if we are in the early stages of our investing life!  I believe everyone knows he is right but it is extremely hard to realize the truth!
The Digerati Life gives us some [...]

Original post by MoneyNing

This morning I charted the three year weekly chart for the S&P 500 ($SPX.X) ending Friday, July 25, 2008.  I started off trying to find a bullish trend line I could point out that showed something positive for us to see and went all the way back to the 20 year view before I decided that we all know markets go up over enough time and I should focus on what’s happening in the nearer term.  That’s how I ended up charting the three year S&P 500 again.
Every trend line I drew points down meaning that all previous bullish trends have been broken recently.  We even broke below the June 2006 lows this month.  Now the October 2005 lows are within sight.  The question might be how long before we get down there versus if we’ll get down that low.
To find a positive from the trend lines, I can point out that we [...]

Original post by Alex Fotopoulos

Loans with bad credit
It’s true that increasing numbers of Americans are becoming bogged down by debt. Bankruptcy is an option but the laws have changed and it is not always the best way forward. The problem often occurs after a job loss. Others are in that situation because of overspending, but whatever your reasoning for being in debt, there are some ways of finding some debt relief. Your debts will only disappear once they have been paid off but financial relief can be achieved but not overnight.
TV and radio have commercials about debt relief on a regular basis as do the papers. Take care when answering these heavily advertised solutions before you find out more. The Federal Trade Commission are even warning people using the services of these companies. These companies often make the situation worse and you come out with a worse record after using them.
You may not notice [...]

Original post by mikejohns

The last thing you need to worry about as a small business is your taxes, right? This is the principle of many small businesses as they feel like they are somehow exempt from many of the rule because of their employment status – but this is not the truth.
In fact, many upcoming businesses are shutting down because of problems with their taxes, not paying enough, or failing to pay altogether, resulting in high penalties that the business simply can not afford.
You need to find out exactly what you need to do in order to begin to set up a healthy financial statement for your new business. Instead of finding out the hard way in an audit or in a prison cell, you can find out what your taxes can do FOR you.
Taxes are setup as a way to help the government make money from those that pay. [...]

Original post by mikejohns

Are you looking for help getting out of debt?

Great, I think you have come to the right place. At the time of this writing, I am right there with you on this journey to break free from the “slavery” that the Bible calls debt (Proverbs 22:7). It is not easy, but it also isn’t that difficult either. Over the last two years my wife and I have paid off nearly $30,000 in consumer debts from some mistakes that we made in the past.
The 7 steps that I am going to take you through are things that we did to pay down our debt or we would have done if we had the opportunity. Each article is fairly long, so you can feel free to bookmark it and come back later or use the print button towards the bottom of each article to print them out.
If you are serious about getting [...]

Original post by bob

Before applying for a reverse mortgage, you might want to learn the reverse mortgage limits and how they may affect you depending on the worth of your property. In reality, there are “hard” limits and “soft” limits.
A hard boundary is the upper barrier set by the FHA. Currently, 90 % of reverse mortgages are FHA backed. Of course, the limits set by the FHA are very imp;ortant.
At present time, the FHA upper barrier fluctuates from $200,160 and $362,790. The lower limits are applied to rural neighborhoods and the higher ones for big cities or places where the cost of living is more expensive. In addition, the upper limit can be modified up to 150 % in Alaska, Guam, Hawaii and the Virgin Islands.
These limits are changed every year. Nevertheless, to have a better idea of how much you can plan to get, you want to learn about the soft [...]

Original post by mikejohns

While online auctions are quickly dominating the marketplace, real and in-person auctions are still the place to go for large ticket items like furniture. When working with an auction, there is then no need to search for product sales, discounts or clip coupons.
By allowing buyers to examine the merchandise up close and take the furniture with them when they leave, furniture auctions are a great way to pick up fantastic pieces for your home.
Keep reading if you want to learn how to save money on furniture by buying at auctions.
1. Find the Right Auction for You
If you’re looking for deals on a comfy couch set for your recreation room, you don’t need to attend a Christie’s antique auction. Part of the secret to auction success is finding the right auction for you. Check your local newspapers’ classified ads for estate sales and foreclosure auctions that fit your needs. [...]

Original post by mikejohns