Day trading

Are you living paycheck to paycheck? Do you have assets that produce other assets?

Counting down the hours until payday? You are not alone.  Do you invest or save money with each paycheck?  Do you know how much you spend every month on things you do not need?   As the economic downturn trudges on, many workers are struggling with household budgets. Six-in-ten (61 percent) workers report they always or usually live paycheck to paycheck just to make ends meet, compared with 49 percent last year and 43 percent in 2007, according to a new nationwide survey of more than 4,400 workers by CareerBuilder. Three-in-ten (30 percent) workers with salaries of $100,000 or more report that they too live paycheck to paycheck, versus 21 percent in 2008. Some workers are making ends meet by dipping into their long-term savings. More than one-in-five (21 percent) workers say they have reduced their 401(k) contributions or personal savings in the last six months to get by. Looking at workers earning six figures or more, a nearly equal number (23 percent) report that they have also reduced their 401(k) or savings. While some workers are tapping into their long-term accounts, others are having a hard time saving anything at all. More than one-third (36 percent) of workers say they do not participate in any programs such as 401(k), IRAs or retirement plans, compared with 31 percent in 2008. In addition, one-third (33 percent) report that they don't put any money aside into their savings each month, while 30 percent set aside $100 or less per month for savings and 16 percent save less than $50. Unemployment and bank deliquencies: More than two million Americans lost their jobs in the first three months of 2009 with more than 6 million jobs lost since the recession began. Bank card delinquencies rose 23 basis points to 4.75 percent of all accounts, compared to 4.52 percent in the previous quarter. However, the balances on those delinquent accounts rose dramatically, up 108 basis points to 6.60 percent of the value of all outstanding bank card debt, marking a new record. Job Cuts Increase in August 2009: After falling to a 15-month low in June, planned job cuts announced by U.S. employers jumped 31 percent in July to 97,373 -- the first increase in monthly job cuts since January, according to global outplacement consultancy Challenger, Gray & Christmas, Inc. The best time to invest is when the economy is down: The best time to begin an investment strategy is when value exists in the marketplace.  This is the time to take an honest look at how you spend money.  If you are part of the 30percent that do not save money…you need to seek the advice and help of someone who can correct that.  If you are earning six figures and living paycheck to paycheck, you need to cut liabilities now.  If you dip into previous savings to pay current bills, you need a second job.  If you can set aside $300 per month or more, you might want to consider an investment vehicle rather than savings.  If you can set aside more, you might want to consider multiple streams of income matched by equal savings.   My point is that no matter what the situation, it is smart to seek the advice, and help of other people who may be doing well in this down economy. Budgeting for Success: Anyone can move past the stress of trading time for money.  Living paycheck to paycheck is a vicious cycle.  You have to budget both your time, and income to create assets.  These assets have to produce other assets without the need for you to "punch in" and trade your time. I have been putting between $150 to $400 per month into the purchase of stocks since March of 2009.  I am also saving about $100 per month. Currently, I am investing just over $300 per month in a $38 Billion Dollar business.  I am on pace to earn over $80,000 in my first year on a conservative estimate just with this business. I would invest more if I did not have other responsibilities.  I love this business. I nabbed banks like Wells Fargo, Bank of America, and Citi at historic lows.  I also had a few stocks fail in the previous six months. My stocks are outpacing interest from savings.  My home based business is paying for itself easily. So, I had $700 or so per month that I wasworking with up-front.  My point is that I can show you my home based business for as little as $150 per month.  I am being totally up-front with my finances right now.  I realize the economy is tough on everyone.  I also believe in being transparent in regard to my success, and failures with my home based business.  My goal is to help others.  Another goal is to be a full time stay at home father to my two amazing little daughters...I have achieved this. I work out of my home, on my mobile phone via the internet, and the business is completely paperless.  It is free to join, and free to learn more.  We also do not sell.  Sound crazy?  Maybe.  It depends on your knowledge of Finance, and Economics. Some people are not meant to build a home based business.  Some people are not meant to be business owners.  What is great about our company is that you will not be doing this alone! Be honest, if you are not a self-starter, or if you quit on yourself...don't message me.  If you are willing to read, learn, challenge yourself, set goals, and work until you achieve a goal...Get in touch!!! I work eight to twelve hours per week.  I can work as little as five hours and be successful.  You go at your own pace. Find out what investors like Donald Trump, Robert Kiyosaki, and Warren Buffet all already know! Message me for more info:  Integritybooking@yahoo.com Written by Peter D. Bouloukos

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