I wanted to post this article several weeks ago after I and two of my associates had experienced this painful episode. I ended up closing an account that seemed to only keep adding fees on top of fees no matter what was deposited into the account. How do you get "insufficient funds" charges when there is cash in excess of the debit on the account?
If you have been experiencing a cash drain through your bank account, you might want to read this very carefully and pass it onto a friend!
You might be a "Joe Lunchbox" if..."Are you a Joe Lunchbox?"
As always, if you have questions, comments, concerns or suggestions, just email me at debtcure123@gmail.com. I always want to hear what others are saying!
Ta~
Jax
Monday, August 31, 2009
Are You in the Right Business?
We get emails everyday from someone hyping a business online or we hear all about the great returns of starting your own business using a franchise system.
Don't get me wrong...I believe if you choose the right business you will be successful no matter the system or the media you use to promote your services or products. What does concern me is if someone is just exchanging one job for another and calling it a "business".
I just read an article which addresses some challenges to picking the right business or exchanging your old job for a new one,"The 7 Most Overrated Businesses". It has some very valid points we can all take a moment to ponder to see if we are, in fact, in the right business for our strengths, skills and passions.
You may be in one of these businesses and you may be extremely happy and successful, so it isn't an affront to anyone who is enjoying the benefits of small business ownership in these categories.
This is kind of a public service announcement to those who are feeling the pain of job loss and need to create an income. I just want you to carefully consider who you are and how your chosen small business will match up. Each will require investment of your, money, time and effort not to mention the support of your family.
So the more carefully you consider the business and look into yourself to see whether it's a commitment you can make for the long-term, the better your chances of success!
As always, if you have any suggestions or comments, please let me know what you think!
Ta~
Jax
Don't get me wrong...I believe if you choose the right business you will be successful no matter the system or the media you use to promote your services or products. What does concern me is if someone is just exchanging one job for another and calling it a "business".
I just read an article which addresses some challenges to picking the right business or exchanging your old job for a new one,"The 7 Most Overrated Businesses". It has some very valid points we can all take a moment to ponder to see if we are, in fact, in the right business for our strengths, skills and passions.
You may be in one of these businesses and you may be extremely happy and successful, so it isn't an affront to anyone who is enjoying the benefits of small business ownership in these categories.
This is kind of a public service announcement to those who are feeling the pain of job loss and need to create an income. I just want you to carefully consider who you are and how your chosen small business will match up. Each will require investment of your, money, time and effort not to mention the support of your family.
So the more carefully you consider the business and look into yourself to see whether it's a commitment you can make for the long-term, the better your chances of success!
As always, if you have any suggestions or comments, please let me know what you think!
Ta~
Jax
Monday, August 24, 2009
Make the Recession Your Friend
Aren't you tired of hearing about the doom and gloom of the economy? Friends, there is
an exciting upside to the new economy and we can write some new rules for ourselves
because of the recession!
What an opportunity to discover your passion right now! Look for ways you can
monetize your dream of owing your own business or maybe doing something you really
love instead. Aren't you tired of dragging yourself to a job you don't like for an income
you can't live on?
Your product or service may be more affordable, and, sometimes, price is not even the
real issue. If you can deliver superb customer service, you can build a pretty solid
business no matter the fees you charge. How often have you been frustrated by the
automated call center? I often press '0' searching for the real person on the other end to
answer my concerns!
Next, while you are in your full-time current position, create a company on a part-time
basis instead of a part-time job. Build it to an income-producing venture – do I need to
remind you to save part & reinvest part into the business? Taking this route provides you
with a spare tire in case you are downsized and a way to boost your finances for the
future!
Another way the recession can be your friend is by investing in the market. I am not
going to advocate one thing over another here – you need to speak with a financial
adviser to decide what is right for your situation and your risk tolerance. Remember, the
old show, "The Price is Right"? Well, that's Wall Street right now. Before prices shoot
back upwards, as they inevitably will, take advantage of the fact prices are low and create
your wealth accumulation plan or add to the one you have in place. Just like you would
buy certain items on sale, think of Wall Street in the same way! Why pay more for it
later?
So, even though, there are some scary things about the recession happening all around us,
there is another side to it, which is completely in your control. Take advantage of the free
small business seminars and workshops in your community college, recreation centers or
those hosted by local banks. They will help you with ideas, drafting a business plan or
even funding your dream! Make an appointment with a good financial adviser and set up
a personal and a business financial game-plan for you and your family to see what you
need to do make the recession work for you.
If anyone has any other suggestions that can lead to a happier and financially rewarding
lifestyle, please email me at debtcure123@gmail.com. I would love to post your ideas
and share them!
Ta! ~ Jax
an exciting upside to the new economy and we can write some new rules for ourselves
because of the recession!
What an opportunity to discover your passion right now! Look for ways you can
monetize your dream of owing your own business or maybe doing something you really
love instead. Aren't you tired of dragging yourself to a job you don't like for an income
you can't live on?
Your product or service may be more affordable, and, sometimes, price is not even the
real issue. If you can deliver superb customer service, you can build a pretty solid
business no matter the fees you charge. How often have you been frustrated by the
automated call center? I often press '0' searching for the real person on the other end to
answer my concerns!
Next, while you are in your full-time current position, create a company on a part-time
basis instead of a part-time job. Build it to an income-producing venture – do I need to
remind you to save part & reinvest part into the business? Taking this route provides you
with a spare tire in case you are downsized and a way to boost your finances for the
future!
Another way the recession can be your friend is by investing in the market. I am not
going to advocate one thing over another here – you need to speak with a financial
adviser to decide what is right for your situation and your risk tolerance. Remember, the
old show, "The Price is Right"? Well, that's Wall Street right now. Before prices shoot
back upwards, as they inevitably will, take advantage of the fact prices are low and create
your wealth accumulation plan or add to the one you have in place. Just like you would
buy certain items on sale, think of Wall Street in the same way! Why pay more for it
later?
So, even though, there are some scary things about the recession happening all around us,
there is another side to it, which is completely in your control. Take advantage of the free
small business seminars and workshops in your community college, recreation centers or
those hosted by local banks. They will help you with ideas, drafting a business plan or
even funding your dream! Make an appointment with a good financial adviser and set up
a personal and a business financial game-plan for you and your family to see what you
need to do make the recession work for you.
If anyone has any other suggestions that can lead to a happier and financially rewarding
lifestyle, please email me at debtcure123@gmail.com. I would love to post your ideas
and share them!
Ta! ~ Jax
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