Friday 24 May 2013

Are you trying to get your bills paid,Taking a different direction now

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Are  you  trying  to  get  your  bills  paid? Do  you  have  large  credit  card bills, car payments, medical bills, high rent, or college tuition to pay? If you have any of these debts, you are not alone. However, just because other folks are in debt, does not mean you have to be in debt..The number of people filing bankruptcy across the world  each  year  has  reached  all-time highs.The question many are asking is this, "How can i get out of debt?"

Is this obvious to you?
Let;s  state  the  obvious: The  very  cause  of  debt  is  overspending. Saving  more  money  does  not fix the problem, but it can help. Earning more money does not fix the problem, but it can help. Most debt  managers and  counselors  focus  heavily  on  ways  to  reduce  spending. The  results  are  often mixed. Many financial institutions offer  investment  products. For the  majority of society that does not save money, these products do  not  work. Think about  it for a moment. If nobody is saving money, then there is nothing left to put into a mutual  fund, IRA, or other  banking  investment product. These products work great for a society that saves money consistently. Clearly, that is not the society peoples lives in today.



Taking a different direction...
For  this  article, I'm  going  to take things into a different direction. I'm  going to focus on prosperity thinking. We are  a  society  that  likes  to  spend, and  that is the basis of our commerce.Prosperity thinking does not discourage spending. Rather, it focuses our spending. It makes us think about spending money on things that will get us  more  income. The same thing that has brought our world society into debt ( i.e. spending) is also the same thing that can get us out of debt..To get different results, you have to change your focus. You have to ask yourself a different set of questions. The questions are simple:
How can I create more income?
What can I do to increase my cash flow?
How can I reduce my debt liabilities?
How do I create money generating assets?
What are my financial goals?

Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;">As many  folks have started to think about the possible answers to these questions, some have already taken action. Their  answer  came  in  the  form  of starting a small inexpensive business online. They used their little online  business  to  pay  off  their  debts. Their  goal  was  simple: Get  out  of  debt. The  results  have been surprising. Let's take a look at what these people are doing in real world example....

While  we live in a world surrounded with debt, there are many ways to get out of the problem. Our world is global now with internet communication  and we are free to start a money making business. If this scares you or  make  you  feel  uncomfortable, get  over  it. No kidding. Not being able to pay your bills to survive is far scarier .Being  in  deep  massive  debt  can  destroy  your life. Strarting a little business can be the first step in adding  a financial destiny to your life. There is someone out there who had over $34,000 in credit card debt. It was more than an entire year's worth of income on her current job. Within one year she pretty much wiped out of the debts. Here is how this open minded lady did it.
1. She  heard  about  people  selling  things  online  and  making  money. So, she contacted the Secretary of State's office and incorporated a business to get started.
2. She got a merchant account to accept credit card purchases.
3. Her  next  stop  was  to search for products to sell. She found a wholesale manufacturer that offered single item dropshipping. This meant she did not have to buy inventory.
4. Next, she started a  little do-it-yourself-no-geek-computer-skills-needed website  with  her new company name and a few pages describing her business. Her business?......She sold ballet dancing accessories.
5. She  spent  time  in  the book  store  studying  online  marketing  techniques  and  gradually  began  to  get customers on her little website.
In total, she had spent a  little over $400 in getting the business started. In her first year she made $58,000 in sales  and  netted  a profit over fifty percent. She took that money and paid on the majority of the credit card debt. She said, "Normally I would have taken that $400 and spent it on something I didn't need...like another handbag." In short, she  made  money by converting her spending habits.She spent money on an asset (online business), versus a liability  (handbag). Notice how this did not involve saving money or buying mutual funds? It involved spending and prosperity thinking.

A Drop Shipping cash flow?
She  said  the  drop shipper  reallly  made  things  easy for her. She did not have to spend money on product inventory. Each  time  she  received  an  order  on  her  website, she worked with the drop shipper to get the product  sent  to  her  customer. This  process  kept  repeating  as  orders  came in. Over a period of time, a significant flow of cash started to happen for her stockless retail business. She received her goal.

Always remember...
You become what you study. If you study chemistry, you can be a chemist. If you study music, you can be a musician. If you study prosperity, you can be prosperous.

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