How to save money in times of recessionPosted by: indoxploit | Posted on: October 12, 2018
How to save money in times of economic recession.
101 Ways to stop the money leak, written by Allan Wilson:
Discover 101 Easy To Implement Money Saving Tips!
Question: Do you feel like you’ve got a hole in your pocket when it comes to money?
It’s not easy is it?
I’m actually reminded of a verse in the Bible that says… “He that earneth wages earneth wages to put it into a bag with holes.” [Haggai 1:6] And this one… “for riches certainly make themselves wings; they fly away as an eagle toward heaven” [Proverbs 23:5]
Now this isn’t a Bible lesson, but it goes to show that the struggle to save money is an age old problem.
Another Question: Are you making the same mistake as almost everyone else when it comes to money? What’s that mistake? Most people concentrate ONLY on how much money they can make and ignore how much money they can save! …
I want to tell you a story: Imagine having huge water pot. Each morning you fill that water pot to the brim with lovely refreshing clean water, however you don’t realise that the water pot has numerous leaks in it. What happens? Of course, during the day that water pot slowly runs empty because of all of the leaks. You come home from work dying of thirst and you go to your precious water pot and it’s dry.
Sadly this is what we do with our money too. Unless we find ways to save it our financial life resembles very much that of the water pot. Unless we plug the leaks there will come a day when we need to buy something but the money pot will be dry.
It all starts with plugging the biggest leaks first. Plug just one big leak and that will keep the water and money pot fuller for longer. Manage to plug a few other leaks and your money pot will not be empty when you need it most.
Now You Can Tap Into 101 Fantastic Ways To Stop The Money Leak! 101 Ways to STOP the Money Leaks from Allan Wilson.
Do You Really Want To Save Money? Let me show you 101 easy to implement ways you can start plugging all of the money leaks immediately.
Not only will I reveal all of these fantastic money saving tips to you I will also show you where you can save money from a wide variety of sources.I also want to point out that I’m not talking about becoming a scrooge either. These are all painless money saving tips that you can easily implement without restricting your fun lifestyle.So I don’t want you to become a tight-wad just someone who by being smart can save money while still living a normal life.
You will see money saving ideas for just about every aspect of living: From everyday house hold items and chores, holidays, gift ideas, dining out, phone costs, entertaining, health care & lot’s lot’s more…
In fact you could be saving as much as $600.00 a year from just one of these money saving tips.
What if you applied them all?
Click here to start saving money now. Look, it’s so easy you’ll kick yourself if you’re not doing it.
There’s no useless filler in this e-book either. As always I dive straight into the nitty-gritty money saving details in a brief easy to read format. You don’t have to worry about losing the hidden gems of wisdom among pages of useless waffle!
But let me tell you something: If you implement just some of the money saving tips mentioned in this 52 page manual you WILL without any shadow of doubt save tremendous amounts of money. And that my friend is a promise!
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Bonus #5: How to prosper during bad times, with resell rights:
How to prosper during bad times – discover different ways to make money during recession and stagnation.
Why bad times can be the best times to invest!
Many people often associate economic downturn with lack or absence of opportunities. “It’s simply impossible to make money much less to prosper during an economic recession or depression.”
This is absolutely not true. Because the truth is, economic recessions or its uglier cousin, economic depressions, are just the perfect opportunities that anyone with vision can take advantage of to become not just rich – but filthy rich!
For the record no less than America’s second richest person alive, Warren Buffet whose personal fortune reached a dizzying $48 billion before he decided to give back to the society $31 billion can attest to this.
Warren Buffet built his massive fortune buying businesses and properties that most people had given up as lost. To many businessmen, he is the great rescuer who bailed them out of their economic miseries.
But of course Warren Buffet saw more than rescuing them out of their economic woes. If he sees no value or potential in their businesses, he sees no reason to buy them. But what exactly does he know that ordinary mortals don’t usually know about economic downturns? First and foremost, economic downturns don’t last. During bad times, prophets of doom would say the worst things about the economy. Of course things are bad. But they only remain bad to a certain point. This is because of the thing called Economic cycle.
Economic cycles are periods in history of booms and busts. Economic cycles are the hallmarks of laissez-faire system. Economic cycles behave just like the seasons. And just like the seasons, the climate always changes. And just like the seasons you can predict a downturn or an upturn.
What happened just after just the turn of 20th century was a classic example of an economic boom suddenly gone bust. In the roaring 20’s people thought that there was no stopping to the prosperous times. Until one day, people started dumping stocks at such a frenzy that it sent the whole world in probably the worst economic depression in history.
By all means the signs of a coming collapse were present. Stocks were at all-time high. In fact unreasonably high. And people were living beyond their means.
The same thing happened again with the housing market in 2007. Just a couple of years ago, the sense of affluence was everywhere with home values skyrocketing.
Because of the high cost of home ownership many Americans were forced to borrow beyond their means. The result was a credit crisis that sent the world reeling again in another round of recession.
So the question now is if we could predict an economic downturn, could we also predict an economic upturn?
The answer is yes.
If you religiously watch CNBC or read CNNmoney.com, you’d find that home prices had already gone low enough to attract the buyers back.
But how low it could get is the question. Prospective home buyers are still in the side-lines waiting for better bargains. The question this time is when will they decide that the price is already right enough to make them buy?
The following articles in this E-guide, will open your eyes to the realities of economic cycles and the opportunities that you can take advantage of for your personal economic growth.
Table of contents for “How to prosper during bad times”:
- How to successfully navigate your business through an economic downturn.
- Understanding the mortgage meltdown; what happened and who’s to blame?
- Superior leader – Warren Buffet.
- Invest in yourself – your career, future income stream, education and training.
- Economic recession strategy – how to keep your business alive during economic recession.
- How to recession proof your job: ten job secrets for career success!
- Recession proof your business – get bigger profits.
- 3 Foolproof ways to soar through a recession.
- World recession now inevitable – assume the crash position!
- Recessions don’t last forever!
- Investing in a slow market? It’s all a case of demand and supply!
- Why Buffett’s investment strategy won’t work for Buffett anymore – but for you it will still work!
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