Home > Author Archives: Glasses or Contacts

Author Archives: Glasses or Contacts

Two Strategies that Professionals Can Adopt to Avoid Living From Paycheck to Paycheck

Many people now seem to believe that going to college, getting good grades, and securing a good job doesn’t necessarily translate into a life of financial freedom. Far too many professionals with good jobs are struggling with their finances and living paycheck to paycheck. In fact, you’ll be surprised that many professionals earning more than $250,000 actually struggling to get by financially. To start with, we need to acknowledge the basic expenses of food, shelter, clothing and taxes, which must be paid. The effective tax rate for someone earning $250,000 per annum is between 30% and 40%; hence, the actual take home pay for professionals is much lower than what is written on paper. Professionals need a room over their heads – we can realistically assume a mortgage of a house worth $1M at a 20% down payment and 4% interest rate. The USDA notes that it costs about $1,100 per month – multiplied by 12 months to feed a family of 4 as at June 2017. If we go ahead to factor other expenses such as student loan repayments, auto loans, private school for the kids, clothing, entertainment, and pets – the $250,000 per annum earnings doesn’t seem to ...

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How To Get Good At Online Marketing 

If you’re someone who longs for freedom from the tyranny of the 9-5 workplace, who is underpaid and overworked, and who wakes up with a sinking feeling every Monday morning after a wonderful weekend, then you have probably dreamed about starting your own online marketing business. Unfortunately, if you don’t know how to build a website, can’t figure out how to develop your own product, and just cringe at the thought of self-promotion, you probably figure you don’t have a chance. Well, this is far from the truth. In order to build an online business, you actually don’t have to come up with an original business idea, acquire a variety of technical skills, or start with deep pockets. The golden ticket you’re looking for does exist, and it’s a viable business model that has helped people break free of their regular jobs. We’re talking about affiliate marketing, a business where you let other people do all the heavy lifting – coming up with a profitable idea and building a website to sell a hot product. The way this business model works is quite simple—you earn a commission for recommending a merchant’s products. Obviously, you need to know how to market their ...

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Starting to Invest? What You Need to Know

When you are young, retirement seems a long way off. When people tell you that you need to save for those years, it’s easy to ignore the advice. After all, you do not have much money to start with, and you need to be able to live today. Why think about tomorrow? The truth is that you are not going to be able to rely on social security to help you out in the future. For many years more has been paid out in social security to retirees than has been acquired through taxation. A back up of reserves had been built up to cope with the increased demand, but this is due to run out by 2033. The simple truth is that if you want to be able to survive in retirement, you need to start investing now. But, how do you do it? Starting with the safe option If you are one of those people to whom saving and investing has been an alien concept, you may want to start by at least saving some of your income in a savings account. Dealing with a bank can seem like a less scary option than negotiating the world of ...

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How to Potentially Avoid Bankruptcy with the Help of United Debt Counselors

If your debt situation has become too overwhelming for you to manage, you might immediately consider bankruptcy as your first and only option. This, however, may not be the case. When it comes to managing debt, there may be a variety of options. Here are a few ways to potentially avoid bankruptcy and work towards a debt-free life with the help of United Debt Counselors. Make an Appointment If you’re reaching a breaking point with debt, the first thing to do is realize that you usually have options. Avoid feeling overwhelmed by realizing that there are steps you can take in an effort to improve your situation. If you are not interested in or do not qualify for bankruptcy protection, the first thing you can do in this situation is to sit down and call United Debt Counselors. Ask to be connected to a debt representative. Once you’re put through, you can speak openly and without fear of judgment about your debt situation. The company representative will then work with you to create a realistic settlement plan specific to your situation. Speak with a Local Representative The next step is to meet with one of United Debt Counselor’s nationwide field representatives. ...

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What’s Next for Amazon Stock After Its Acquisition of Whole Foods?

Amazon’s $13.7 billion acquisition of Whole Foods Market Inc. is its biggest-ever deal, which could have a huge impact on both the distribution sector and U.S. stock indices. The offered price for Whole Foods ($42 per share) was 27% higher than the stock price recorded the day before the deal was announced. In 2016, 43% of online purchases in the United States were made via Amazon, but the company has long sought to bolster its dominance of the e-commerce sector with a physical presence in bricks-and-mortar premises. Although some industry experts were surprised by the USD 14 billion purchase of the upscale chain, citing Whole Foods’ thin margins and sluggish growth, others point to the potential long-term benefits of acquiring food logistics expertise and to Amazon’s need to head off the threat of upstarts like Blue Apron. Amazon is also expected to use the Whole Foods network as something of a laboratory, as Amazon CFO Brian Olsavsky explained: “We believe there won’t be one solution, so we’re experimenting with a number of different formats, from physical pick-up points and Amazon Go to online ordering and delivery to your door through Prime Now and Amazon Fresh. We’ll see how customers respond. ...

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