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Don’t “Invest” in “Get Rich Quick” Programs

Money Making ScamWe’ve all seen the commercials:

“Just buy my program and YOU will be a millionaire like ME.”

“ANYONE can make money now by buying and selling commodities.”

“Even YOU cou can invest in real estate with no money down.”

“Absolutely NO experience needed.”

When you hear comments like the ones above, run in the other direction. You are being scammed. Do not send $19.95 for an informational brochure, do not call the toll free number, do not even let these programs take up space in your head. They are designed to make money for their creators by taking money from you. More »

Diversify Your Sources of Income

diversify income sources

In today’s world, there is no such thing as job security. That is why you need to diversify your sources of income. Even if you own your own business, it is important to generate income from more than one source.

Just think about it. There have been nearly a million US layoffs in 2009 alone. Many of these people received no severance pay, no skills training, or anything else that would ease the transition into a new career. To put it bluntly, they are screwed. Had they invested in themselves and worked hard to create multiple income streams, the pain of a layoff would not have been as acute. More »