Entries Tagged 'Money' ↓

A friend and I were talking about an awesome new idea to help people handle the current economic crisis. We had been sitting around trying to figure out a way to help people save more money and make more money in these troubling times and like an Eureka moment, we came up with the idea of Freelance Personal Financial Consultants.

Basically, a Freelance Personal Financial Consultant helps people find ways to save more money and make more money while working for several different programs on a freelance basis. Sounds great, doesn’t it?

We need to save money and there is no time like the present to start saving money. Last week, I assigned each member of my family to find 3 ways to save money, consequently my family has been thinking of ways to cut back on our expenses over the last week. Tomorrow night, we will present to each other the ways that we can save money on our bills and expenses. It should be an eye opening family home evening activity.

One way that I know we can utilize to save money is looking for good deals online. There are so many great opportunities to save money online. One example of a great way to save money is by buying eyeglasses from Zenni Optical. They offer great buys on lenses and frames thanks to their legendary $8 eyeglasses.

These are actually stylish frames with many different types of lenses to choose from, including photo chromic lenses and bifocals. They have a very good selection of inexpensive eyeglasses for every member of the family.

We’ve talked about Zenni Optical before on this blog, but that’s because they offer some great eyeglasses at prices that any family can afford. This is so important these days when prices seem to always be going up and income seems to be more precarious than ever before.

Now is the time to take advantage of opportunities. Things are very murky right now and it seems like they are getting murkier each day. The stock market is down and it seems like we are the brink of economic collapse. Well, maybe we are, but that doesn’t change the fact there are opportunities to benefit.

I keep repeating this like broken record, but there are opportunities to make money. One example is in the forex market. I have detailed how you could make big bucks in the forex markets over the past year, but the truth is that there are still opportunities in forex moving forward. I suspect that in the next several months there will be a lot of movement in the markets that will make some people wealthy and other people scratching their heads wondering why they didn’t make it into the market.

Explore the options open to you and you will make money in these trying times. The sky really is the limit.

I made a prediction almost a year ago, at the height of the anti-dollar sentiment, that the Euro had peaked at nearly 1.56 dollars to 1 euro. I made that prediction based on the fact that the financial problems of the US were known and being dealt with while Europe had their head stuck in the sand. While I am not a forex guru, I did predict that the Euro would begin falling. No one believed me.

The dollar is now up 15% against the Euro. With banks failing in Europe right and left, many countries were caught completely unaware and without a strong system to support Europe wide banks, each country is trying to do what they can and unfortunately it is not all coordinated. This is all weighing down on the Euro and there is a good chance that it will continue to depreciate against the dollar.

If you would have gotten in near the highs of the Euro with a long term Forex position, guess how much your rate of return would be right now? $1000 investment in a 50 to 1 position would have netted you a gain of more than $5700. That’s a570% return on your forex investment, can you believe it? Talk about Forex profits! It’s amazing!

I am always game to try new investing strategies and ideas. I also love the idea of being able to share information easily. I suppose this why I really like the idea of Inner 8. It’s a new investing strategies and analytics site from former Etrade members who have decided to branch out on their own.

Basically, once you sign up and log in for the first time, you get presented with an opportunity to share and get analytical information from investors just like you. It’s a great two way process. It’s possible to not only receive but also give. Do you see where this is going?

This could be the next big thing in investment information since you are able to search for like minded investors and get their analysis. Since Inner 8 is still brand new, if you sign up, you’ll be one of the charter members. This lets people know that you were a member from the founding of the site and will give you a lot of credibility in the future. I hope you are reading what I am saying. Yep, it could be a really awesome way to make extra money, you just need to get in now.

If you are interested in investing and investments, check out Inner 8 today. You’ll find a great opportunity to increase your investment knowledge as well as share investment ideas and knowledge with others.