Showing posts with label Wealth Building. Show all posts
Showing posts with label Wealth Building. Show all posts

Saturday, 23 April 2016

How To Turn Unwanted Goods Into Money


If you're struggling for money or just fancy a little more than you have, getting rid of items you don't need any more can be a great way to bring in some cash. If you look, you'll find you have a lot lying around that's just waiting to be sold. That dusty TV unit, those never-worn jeans; everything will be valuable to someone else as long as you look in the right places.

Online Auction Sites

Auction sites, can be a goldmine for your junk. Top-selling items on these sites are CDs, DVDs and video games, however there's also a good market for designer clothing and electronic gadgets. It's a good idea to set your starting price low as this will entice bidders. Though be warned that you may not always get the price you want for an item.

Apps

These are similar to online auction sites, but specifically designed for phones and usually make it easier for you to get the price you want by removing the bidding system. Apps allow you to communicate directly with other users, making it easy to ask any questions or discuss offers on an item. Most apps will provide guides on how the app works and how to sell on it, meaning you don't have to be gadget savvy to use them.

Car Boot Sales

These are great if you have items that value too low to be put on online sites, or if you just prefer hands-on selling! Coming face-to-face with your customers, you can offer deals and use the art of persuasion to get a lot of your stock gone. It's a good way to clear out a lot at once, but be ready to lower your prices as people are looking for bargains here.

Specialised Shops and Sites

Some places will pay for specific items, for example there are online sites that pay for CDs, DVDs and electronics. If you're in a rush for money these can be a lifesaver and it's a sure way to sell your stuff. However, be prepared for low offers on your items; these companies often won't pay as much as an independent customer.

Reclamation Yards

A reclamation yard will pay high prices for your building supplies - good news if you're renovating. You can sell anything from bricks to chimneys, and it can be a great way to reduce costs of redecorating; some items may even be sold at a price that covers the cost of their replacement. Just do a quick search online and you'll find a huge amount of reclamation yards willing to buy your goods.

There are so many ways to turn your unwanted items into money that it seems silly not to give it a go! Have a small clear out, see what you can find and then look at the relevant options for selling it. It's as simple as that.

2016 Interpretation Of The Richest Man In Babylon, With A Twist


Eons ago, there existed a city by the name of Babylon, nestled between the hills and dales of Mesopotamia, and fed by the Euphrates river. The city was the cynosure of all eyes-a city so prosperous, that even today the name Babylon inspires awe.

Babylon was special-very special, because the citizens followed the rules of wealth. However arrogance of their exalted status set in, and what was construed as their strength became their weakness, eventually leading to their destruction.

A series of invasions across the ages finally reduced the city to dust, the sands of time finally obliterating the remnants. A few excavation sites in present-day Iraq uncovered part of the glory of the past. They left behind a wealth of knowledge, in the form of clay tablets, recovered from the excavation sites of Mesopotamia.

A few of the tablets, and their interpretation from 'The Richest Man in Babylon' by George S. Clason, suited to current times - is as follows:

1. 'A part of what you earn is yours to keep' - interpretation - you pay yourself first, then the others.

2. The cure for a lean purse:

a. 'Keep away 10% of your income' - in today's parlance, save, invest, and multiply your wealth.

b. 'Control your expenses' -2016 interpretation-avoid expensive designer clothes, eating out frequently, many vacations if you cannot afford them, and excessive credit card spend.

c. 'Multiply your wealth' - in other words invest.

d. 'Guard from losses' - current wisdom - do not make unsafe investments.

e. 'Ensure a future income to provide for growing age, and the protection of your family '- how?- by investing a fixed amount monthly, allowing it to multiply over time, and putting away cash for emergencies.

f. 'Build skills' - fast forward to 2016 - upgrade your knowledge, and learn new bankable skills - the world is changing constantly - shouldn't you?

3. To attract good luck, take advantage of the opportunities presented to you as the 'Men of action' are favoured by the 'Goddess of Good Luck' - onto 2016 - they say, genius is seeing what everyone is seeing, and taking action on what no one else is taking.

4. 'Recognise what you are not familiar with' - do not get into something without learning about it - time-travel to 2016 - stay away from Ponzi schemes, do your due diligence, investigate before you invest, and if you go into business, learn all the aspects of how to run one, before plunging in.

5. 'Better a little caution than a great regret' - Do not gamble in the financial markets, get an education first.

6. 'Do not be without adequate protection' - sounds fancy?- in today's world, it would mean being adequately insured.

7. 'Where the determination is, a way can be found' - 3000 plus years down the line, the interpretation for this one hasn't changed, and is not going to change millennia later.

During one of the invasions, the invaders (a) diverted a part of the Euphrates river to reduce its depth, and (b) tunnelled under the walls of Babylon, to attack the inmates who were celebrating a religious event of their times.

Message (a): Circumstances can change, hence have multiple sources of income. In case a tributary of the river dries up, the other tributaries will sustain you. Do not put all your eggs in one basket. Do not depend on someone else for your financial security.

Message (b): Keep your eyes and ears open for financial news that can affect you. Do not be caught unawares-like the ancient revellers of Babylon-do not let someone pull the rug from beneath you. Recognise the problem as a problem, and do not wish it away-tackle it head-on. Do not be in celebration mode. . . especially when there is a problem.

Be Wealthy - Here Are The Benefits That Come With Being Wealthy


The advantages of being wealthy

Being wealthy is a great thing, but not just because you can buy whatever you want.

Here are the advantages of being wealthy.

• Let's start with something pretty obvious, and that's freedom. When you have a lot of money, you can do whatever you want, whenever you want to do it. You don't have to go to work because your boss says so. When you want to go on a vacation, you can just go. If you want to pursue a hobby or go and enjoy a game of golf during normal business hours, you can go ahead and do it. You don't have to worry whether you'll make enough money this month to pay the bills and to afford food every day. All you have to do is live life to the fullest. You can spend more time with your family and friends and you can host amazing parties.

• You can afford to make mistakes. When you have enough money, a couple of bad investments won't empty your bank account. Mistakes will just be learning opportunities. You can allow yourself to take the risk and to face the consequences. Sometimes, you can win big, sometimes you can lose big, but even when you lose, it won't affect your lifestyle that much. And after failing a couple of times, you can become an expert in the area and reap the benefits later on.

• You can receive many business opportunities. When you have the funds to make investments, people will bring you their offers and projects and give you the opportunity to get even more money. When you find a great idea, you can support it and both the person who came up with the idea and you will benefit.

• You can give back by funding charities. When you have more money than you actually need, you can give back to the society through charities. If you've never done this, we suggest you try it because the feeling of helping people is the best feeling there is, and their gratitude will just melt your heart. If you decide to support the children in need, the reward for you will be even greater because you will give those young souls a fighting chance in life.

• You can afford the best food and a personal trainer. A healthy, balanced diet and exercise are all you need to live a healthy, happy, long life. You can set whatever goals you want. In addition, living a healthy lifestyle will allow you to be more confident.