Money Secrets Of The Amish by Lorilee Craker – Personal Finance Book Review – Bartering and Gifting

Challenging economic times inspire people universally to make wise financial decisions. Whether it's choosing to repair a vehicle instead of purchasing a new one, or investing in simple pleasures vs. opulent outings, such behaviors are proliferating. One culture that has always lived austere, yet meaningful lives is the Amish. Increasingly, people are intrigued by their lifestyle; and wonder what aspects of their living they could comfortably imitate.

Lorilee Craker is the author of the new book, "Money Secrets Of The Amish-Finding True Abundance in Simplicity, Sharing and Saving." She examines their lifestyle, which is extravagant in peace, family and community closeness. For them, thrift is a muscle that is exercised regularly.

Craker interviewed Amish folk in Michigan and Pennsylvania, including an Amish banker whose clientele is 95 percent Amish. During the Great Recession in 2008, his bank had its best year ever. Amish experts and Englishers' (Amish reference to anyone non-Amish), financial perspectives accentuate the book too. Here, two of their money-saving habits, bartering and rethinking gifts, are discussed.

Bartering. Bartering was a popular social behavior from the 1880s to the Great Depression. It's common again today. The Amish, who have a long history of living outside a cash economy, love to swap goods for goods, goods for services or services for services. In regards to bartering, ask yourself, "What are you good at and what could you negotiate for something of worth?"

Unfortunately, Americans can be too proud to barter, but it's popular in foreign countries. Barter, and you will:

  • Build relationships and community.
  • Engage on a deeper level when you must express your needs.
  • Think of your assets first before your needs.

If you're uncomfortable bartering, start with your friends and acquaintances; and seek bartering opportunities. Post what you need on social media sites.

Rethink Gift Giving . The Amish give one gift per child for birthdays and christmas. Gifts are often useful, need-based and hand-made, regardless of the recipient's age. The first step in rethinking gift giving is to scale back. Consider giving gifts that are either: a. experiential or charitable, or b. homegrown in some way.

Experiential gifts. Give the gift of a single experience, shared or not, of know-how, skill, and most importantly, memorable. Examples include sporting events tickets, museum memberships, or Horseback riding lessons. Experiential gifts can be expensive or cheap, as it's more about investing in the relationship.

  • Un-wrappable gifts. They can be fun, frugal, yet meaningful. Give coupons for services including babysitting, housecleaning or yard work.
  • Coupon-gifting. Consider giving the gift of time, allowing you to create memories, which are priceless. Coupon gifts are also something to anticipate using.
  • Make a donation in the recipient's name to an endeared charitable cause.

Homegrown. Examples include painted pottery, made candles, garden stones, and soap.

  • Cook, Can, Bake. "Somehow there's something about a kitchen gift that's infused with so much more than the cost of ingredients," says Craker.

Secondhand. Aim for 20 percent of your gifts to come from resale, consignment or thrift shops, suggests …

Car Finance

Owning a new car is almost everybody's dream. But only a few people can afford to buy a new car on a cash basis. Fortunately, car financing is readily available these days. As a result, more and more individuals have the privilege of owning a new car.

However, it is not easy to select a car, make a purchase, and then obtain car financing. Before you head to the local car dealer to buy the car of your dreams, you have to consider a lot of things with regards to car financing. You have to look into your credit score, compare car financing rates, and get pre-approval for your car financing application.

Your credit score has a lot to do with getting approved car financing because it review your credit worthiness. The lender will also look into this when determining your interest rates and down payment requirements. A credit score ranges from 300 to 600. If your credit score is above 600, you have a very good chance of getting car financing. However, if it is lower than 600, you need to spend several months paying your bills and increasing your credit score so you can qualify for financing.

After determining your credit score, you need to compare rates such as interest fees, fees structures, and down payment rates. Different lending institutions offer different rates. You should take your time evaluating each financing option so you can get the best deal.

After you have compared rates and picked your financing option, you can get a pre-approval for car financing. It is better that you have a pre-approved application before you go to the dealership so you can negotiate if you have cash in hand. This way, you may be qualified to receive rebates and discounts.

All these steps can help you to get the best car financing – and eventually, the best car – available.

Source Article

How to Make Money Selling On Amazon

You might be interested in learning how to make money selling on Amazon and earn commissions for your sincere efforts. There are many internet marketers who are earning good revenue due to the rising popularity of the internet and online shopping. Identifying how to make money selling on Amazon can lead to a flourishing internet business. Here, I will mention some supportive tips that can help you achieve this all together.

Identifying how to make money selling on Amazon is not as difficult as you think it. How to make money selling on Amazon involves some information, and understanding of what to carry out and when? Furthermore, it does need a certain skill set to effectively get a campaign up and running. For the beginners, you are required to decide on which platform you have to build a website. Keep in mind that Amazon will need to endorse your website at the time you submit an application for the affiliate program. In this situation, the best way is getting a functional website about the products you would like, together with some unique content. You will get approved at once, and then you will be able to sell your products utilizing Amazon links.

As I said earlier that making money selling on Amazon is not certainly that difficult, but it does necessitate you to apply some fundamental internet marketing principles and techniques. Some of these would incorporate keyword research, building basic websites, learning SEO techniques, website promotion, and many others. Fortunately, these things are something everyone can carry out.

Paid advertising may deliver results for you; However, they are expensive because they are removed as soon as your subscription ends. On the other hand, Amazon SEO provides you with the everlasting publicity. An Amazon SEO expert creates an outline on how you can perk up the visibility of your listing to boost the traffic flow to it and connect efficiently with your target market.

The booming internet marketers, the ones who distinguish how to make money selling on Amazon and with other affiliate networks have one thing in common ie Proper knowledge and Excellent training. As a part of well-planned strategy, keywords set your SEO drive and with the inclusion user-friendly, high-quality content specifically designed to increase your product visibility to targeted customers. Efficient search engine optimization steps are utilized by the Amazon SEO companies to provide your listing maximum exposure followed by better conversion rate, increased sales, and higher rankings.

Furthermore, an Amazon SEO Company can also help you more on how to make money selling on Amazon, along with efficient SEO techniques, Listing optimization, Website development, and many more.

Source Article

Mortgages – The Best Time to Finance

If you have already decided to purchase a home and you don't have the luxury of waiting for a market change, your lending rate will in large part depend on the market. If you have time to decide when to jump into the mortgage market, then research mortgage rate forecasts for the next year. If rates are expected to increase you may want to submit an application quickly, if rates are moving down you can wait.

Of course your credit rating will be another relatively fixed variable in your quest to get the best rate, if it's relatively low you will pay a higher rate. So if you have time before you need to borrow attempt some credit repair through one of the better known repair firms. It usually takes a few months for them to make a difference but the points they gain could save you significantly over the term of your loan.

It's common sense to shop around for the best mortgage rate and terms and negotiate with mortgage lenders until you are satisfied that you have been quoted the best available rate. So, you can go through whatever expedited process you want, you need to establish to best rate and terms before you zoom through to closing.

Mortgage companies may lock in your interest rate once you apply and are approved but if rates are too often changing they may not offer you an opportunity to lock the rate.

As an appraiser and I understand how important your valuation is. If you have problems with the appraisal the rest of the transaction can just fall apart. Address valuation issues before you bother with loan commitments, if the property you want to finance won't appraise as high as expected you may be wasting your time.

If you do get a commitment of any kind from a mortgage company make sure you get a copy of it, some mortgage companies have gone to on-screen signature documents that disappear once you have electronically signed them. The document you need may disappear when the mortgage lender no longer want to honor them at closing, it's happened to me, so you better have a "screen print" copy before your disappears into the ozone.

Historically mortgage rate have varied between 3.0% and 18.0% and at the moment, in early 2018, the 30-year fixed mortgage rate is near 4%. So we have current mortgage interest rates that are near the low-end of the mortgage interest rate range and if you wait no guarantee exists that they will remain low indefinitely.

If you take the time to make sure the home you want to borrow on will appraise near your expectations, that you are in the best credit position to borrow, you have shopped for the best available rate / terms and considered timing you will get a lot more for your money.

Source Article

The Mindset of Top Insurance Agents

Four Key Aspects of a Superior Mindset:

1) Top agents are driven, motivated, and have a get-it-done attitude.

This is perhaps the most important and most obvious part of a top agent's mindset. They have a no-excuses attitude and you won't find them standing around complaining and coming up with reasons as to why they aren't making sales. They find ways around any and all roadblocks and are relentless in their pursuit of success. Top agents know that they simply must get the job done, no matter what, and they are determined that nothing will get in their way. They will pay any price to be successful.

They are self-starters and they see themselves as self-employed. They don't wait for others to get started, they don't need someone looking over their shoulder, or telling them what to do. They are anxious to get to work and make things happen. They have a gun-to-the-head mentality and a sense of urgency.

Top agents know why they are doing what they are doing.They have reasons that drive them. They know why they need to make the sale and why they need to be successful. Whether it's that dream vacation they're going to take, that car they want, or something they want to give their kids, top agents have goals and dreams that lead to a strong inner drive.

2) Top agents have an ability to focus on what's important.

Top agents have an ability to always get the most important tasks done. They realize that the only activities that ultimately pay them are prospecting, presenting, and closing. They don't disregard the other items that need to get done, but they never let them come before, or keep them from the actions that lead directly to sales and success.

Here are some key questions that top agents ask themselves that lead to getting the most important tasks done: What will I do today to build my business and be successful? Is what I'm doing right now the best use of my time? What did I do today to build my business?

3) Top agents take 100% responsibility.

They take 100% responsibility for everything in their lives from health, to relationships, to business. They realize that success in all areas of their lives is up to them and not determined by outside factors such as the economy, the market, or other people. Everything starts and stops with them.

This attitude of complete responsibility leads to more control over their life, higher self-esteem, self-confidence, and ultimately more happiness and success.

4) Top agents have a strong belief system.

They have complete and total belief in themselves and their ability to sell. They also have a strong belief in their product and their company. The people they talk to can sense this complete belief and conviction and it wins them over.

They truly believe that others must have their product and they believe that their customers' lives are much improved as a result of owning their product. …

Why Money Is Failing

Anything invented by man has a short life before it fades away, and money is no exception. Invented for trade and then the wealth of those who made it their their god they become so attached that it occupies their mind constantly. That means they have no room for listening to the Spirit voice within them, and they suffer the consequences. As their wealth grows many die horrible deaths from incurable diseases, suicide, or other.

The world's economic future is now dire as manipulation of currencies and such take specified. Wars are about money and power and we are rapidly coming to a major confrontation that will see the planet change as never before.

Already with climate change, scarcity of water, draught, famine, disease, and other things mounting pressure on countries and their economy the last thing it required was a war on trade. How will that play out in the light of the other problems the world faces?

The only place money is generated is from the environment. Whether its crops replacing forests, or animals targeted for food or pleasure, nothing about it is good for the planet. Mining minerals, oil, gas, and other things is depleting the air of oxygen while causing CO2 to dominate the atmosphere.

Overfishing of oceans and the inexcusable destruction of unwanted species is horrendous. The wastage of excesses is disgusting while the extinction of species of animals and plants the benefit of which is not yet understood is horrifying. Yet man continues on his destruction because he does not know and possibly cannot now live without money.

While its initial purpose was trade it has become so entrenched in our lives that we are asked to pay for just about everything we depend on to survive. That forces everyone to earn it or come by it in some other way. So how long can we survive with it?

The reality it that countries are already so corrupt that the governments are syphoning off the profits and people are starving. This is seen in several place as the rest of the world watches. In some regions so-called civil wars rage on as populations flee while seeking refuge and safety. As they go many of their numbers fall and die.

Money is the root of corruption and criminality and, like religion, it is so entrenched in the human psyche that nothing short of complete annihilation of the species will end it. That is rapidly coming to fruition as the planet struggles to survive, people die in their millions, but the birth rate overtakes the numbers of deaths by millions more. That is why money is failing as it's a death sentence humans have inflicted upon themselves.

Source Article

Personal Finance Book Review – How To Give Your Kids $ 1Million Each

By: Ashley Ormond

ISBN 978-0-73037-548-7

Book Price: $ 29.95

Senior executive in the finance industry

Ashley Ormond has worked in the finance industry for over 25 years. In this time, he has served as a senior executive in major international banking and finance groups. He has also been a director of several companies including listed, private, charitable and not-for-profit organizations. He has degrees in economic history, law and finance.

A plan to release wealth to our kids

Mr. Ormond reveals a plan to release wealth to our kids. In 9 chapters, he shares, how to find $ 1 per day (Ch. 2) to invest using investment basics (Ch. 4). He also delves deeper into company shares (Ch. 5), property investments (Ch. 6), growing funds over time (Ch. 7), helping your kids to implement his plan (Ch. 8), & other ideas.

Investing $ 1 a day adds up over time to $ 1,000,000

Ashley Ormond shares with a personal tone to educate readers through simple analogies and scenarios. He is an organized and relational writer who discusses his "aim" openly to validate the purpose of his book. Ashley states, "The aim of the $ 1 million is to enable them to do what they really want to do … rather than what they have to."

Mr. Ormond establishes foundations for readers to apply his ideas. His willingness to guide them through the process leads him to share 4 ground rules for building wealth as, "Make regular contributions … Invest the money in growth assets … reinvest all investment earnings in the fund … never spend it. " Powerful clues towards increase!

Readers are confronted with their responsibilities, as in Ashley's advice to invest $ 1 a day, he challenges readers, "Close your eyes, take a deep breath and say to yourself, 'My child's financial future deserves $ 1 per day …'"

Ashley believes in practical application of ideas, hence his provocation towards involving our kids in wealth building, saying, "The earlier they learn good financial habits, the better … the age of 10 is a good time to begin …"

Ormond employs bullet points to quickly connect readers to key information. He does this in the case of keys for gaining wealth, stating, "Wealth comes from: learning some basic rules … having a plan and setting some goals … sticking to the plan." His ideas are clear, simple, and aimed towards provoking readers towards action.

A plan to give our kids $ 1 million that works

Ashley Ormond guides readers through a simple and practical plan to give our kids $ 1 million each. It works!

Success Step: Phone your local bank and set up an appointment with their investment advisor, discuss this review.

Source Article

Overview of Car Insurance

Car insurance is a very important thing for every car owner, regardless of the location they are in. Every state gas got its own requirements. There are some requirements that the drivers must meet so as to be able to purchase insurance and be able to drive without getting into trouble. Also, car insurance can also be an expensive and complicated affair. Most drivers find themselves operating and they do not understand emergencies that are covered. It is important to speak to a professional about some insurance questions, but there are some basics that everyone looking for car insurance should understand.

Property and liability

In auto insurance claims, there are usually two types of claims that you can find and they are property and liability. Usually, liability will cover you the car owner for all reasons like intent to harm or negligence. Property insurance, on the other hand covers any damage that is inflicted on your car or damage inflicted on another car.

For the individuals who are wealthier, they have greater liability insurance because there is a great likelihood that they may get sued. Most time, these people are able to fix their cars in case of an accident.

The limits and the deductibles

Limits can be defined as the maximum amount of cash that the insurance company can pay for every claim of every policy. In most contracts, you will discover that there are set limits on both ends. Sometimes limits for property and liability can also be set. When the limits are lower, then the premiums are lower and vice versa.

On the other hand, deductible is the amount that you will need to settle yourself before the company takes over the claim. In such a case, there is a deductible for every occurrence and for every policy. When the deductible is raised, the premiums go down.

Coverage lines

In most cases, the insured is required to have some coverage lines. There are many options to select from. You may choose to choose coverage in case you drive another car. There is also the option of adding others into the policy. A social coverage can also be selected for the theft of the car or vehicle parts.

Un-insured motorist coverage is very common. This is where uninsured motorists are covered. This comes in handy when there is an accident and the other party does not have the required insurance.

Comparing the companies

Many of the contracts that have to do with cars have very similar details. Also, car insurance companies can be quite different from one another. If you select a great company, the services will also be great. You will employ better rates and coverage too.

Reviews can really help in the decision making process. You can ask your family and friends or check with local business bureaus. You may make comparisons based on the ratings that they enjoy. There are different systems that have been set so as to compare different companies. When the ratings …

How to Make Money Collecting Copper Pennies

Many investors who buy gold and silver bullion coins and coin collectors who study coins, have probably never considered collecting copper pennies to make a worthwhile profit. You've probably heard "a penny saved is a penny earned," because the lowly penny is worth one cent. While most pennies are worth a meager face value, did you know that all copper pennies are worth double their face value?

Pennies minted from 1909 to 1982 were made of 95% copper, and 5% zinc. You might not think of copper as worth much monetarily, but it is an extremely important metal. Copper is widely used in industry, especially in electrical, construction, transport, and many others areas. This is why copper fetches a fairly good price because it is also the best conductor of electricity, does not tarnish and is malleable. To find copper's melt value, we need to know that a pound of copper is currently worth about $ 3.12. 154 copper pennies equal one pound. So 3.12 divided by 154 is about 2 cents for each penny.

Since every copper penny's value is 2 cents, it can be a small investment. The more copper pennies you have, the greater the investment. So, how do you still get a copper penny for its face value? First, you can find pennies prior to 1982 by examining your everyday change, or you can buy rolls from banks.

In addition to the fact that each copper cent is worth twice as much, its numismatic value is also important. Examining the dates and conditions of each coin the way a coin collector would, might give your copper even more value. But you don't necessarily need to have the knowledge of a seasoned coin collector. Many rolls contain older "wheat" cents which were minted before the modern Lincoln cent (1959 – now). It's easy to spot a wheat cent – look at the dates, minted between 1909 and 1959 and the reverse side on which the words "ONE CENT" are centered between two stalks of wheat.

Depending on condition, wheat cents are rarer and more valuable. The better the condition, the more they will be worth. When I hunt rolls, I usually find wheat cents in "good" to "very good" condition. These could fetch a price of 10-15 cents on eBay. It's not uncommon to find many old wheat cents and copper Lincoln / Memorials in a bank box of 50 rolls. To get a better knowledge about conditions and prices I would go online and search for "value of pennies by year", or "what's my coin worth." You can also buy the latest "Official Red Book: A Guide Book of United States Coins" which are available at bookstores or on Amazon.com.

Boxes of pennies you buy from the bank contain $ 25 of pennies in 50 rolls, which totals to 2,500 pennies. Unless you want to go through each roll and examine each one by one, you can buy a copper penny sorting machine that lets you …

My Tips on Improving Your Finances for Life

There is no way to avoid dealing with money and finances these days. Therefore you should try to learn as much as possible to help you make good financial decisions and to increase your confidence about money.

When you make a budget, it should be realistic regarding your income and spending habits. Be sure to include all of your income such as alimony, child support, rental income, or any other. Always use your net income not your gross earnings in these calculations. Once you have the numbers, you can consider how to adjust your spending to stay within your income range. To maintain your budget never exceed your incoming cash flow.

The next step is to total up your expenses, and you should make a list of all monthly expenses. Your list should document each and every expense that you have whether it expense, spontaneous or just a one time expense. Remember that this list needs to have a complete breakdown of your costs. Be sure to add in expenses that you have from restaurant dinners and fast food as well as grocery bills. Reduce expenses linked to your cars, such as gas and insurance. If you have payments that you make quarterly or less frequently, divide them up to reflect a monthly payment. Make sure you include incidental expenses, for instance, baby sitters or storage unit rentals. Try to have the most accurate list possible.

Now that you have a good idea of ​​your income and expenditures, you can start planning a new budget. Look at each spending on your list, and decide what you could do without. If you normally buy coffee from a cafe, calculate how much money you would save on a weekly basis if you bought it from McDonald's instead, or made it at home. Exactly what and how much you are willing to compromise is completely up to you. The first step is identifying expenses that are not necessary so you can use the money for something else.

If your utility bills are rising, you may want to upgrade your appliances to save some money. Upgrading to well-fitted double-glazed windows, for example, can reduce your heating bill dramatically. Besides you can repair any leaky pipes and only run the dishwasher with a full load.

Swap old, inefficient appliances for those that use less energy. Although doing so may cost you some money upfront, over the long-term you will save a fair penny on your utility bills. Unplug the appliances you do not need. In time you will notice significant savings in your energy consumption.

You can make a significant decrease in your heating and cooling bills by improving your insulation, as well as the roof above it. Insulation or roofing issues can be very costly, as maintaining a regular temperature in the home can be expensive. If you invest in the upgrades, it will save you a lot of money in the long run.

Using these tips not only saves you money, but it …