Long-distance Business Travel and Crisis Preparedness

Guest Post- J. Vanne

I don’t know what the future holds. Nor, in reality, do the elite in Washington, Brussels or Beijing.  Despite the hubris of the planners, the law of unintended consequences, as well as just “plain ol”  human error and ineptitude, will never allow man to create utopia, any more than a man can pull on his own bootstraps and lift himself up to Heaven.  We may be fortunate enough to see a renaissance in the West, much like what Reagan and Thatcher brought to light.  However, there are other indicators that do not bode well: For example, you may wish to review Reinhart and Rogarth’s book This Time is Different:  Eight Centuries of Financial Folly, on the utterly crushing nature of what out-of control debt can do to an economy and society that allowed it.  Or perhaps google work by Dr. Lawrence Kotlikoff of Boston University, who has noted that if all unfunded liabilities in the U.S. were totalled, we are looking at not $16 trillion-ish reddish ink (now up to $17 trillion since I first began drafting this!), but actually $222 trillion. Do (Read More….)

Didnt Save for a Rainy Day? 3 Ways to Get out of a Financial Bind

Guest Post- Dixie S

Practically everyone knows that they’re supposed to put away money for a rainy day. In fact, having a substantial emergency fund is one of the keys to financial security. For many people who are recovering from a big financial setback or who are just starting out their independent lives, a rainy day fund is more of a goal than a reality. This means that when they get hit with a disaster, they will scramble to find a way to pay the bills. If this sounds like you, try the following three tips to get out of your financial bind.

Increase your income

The best way to get the money to pay for something is to earn it. Look for a part-time job that you can do around your full-time work schedule. Many bars, restaurants, and retail stores look for weekend and night-time help, and working a lot of hours will help you keep your expenses down. You may also want to consider offering your services as a babysitter, lawn mower, handyman, or even opening an online store to sell (Read More….)

Death of the Consumer

by MN Gordon Economic Prism

Something peculiar is going on.  One data point says the economy’s improving.  Another says it’s floundering.

Nonetheless, we strive to connect the dots and draw inferences as we go.  For example, according to data released Tuesday, manufacturing and construction spending is on the rise…

“Stronger-than-expected data on U.S. manufacturing and construction spending on Tuesday hinted the world’s biggest economy was gaining traction,” reported Reuters.

“The U.S. manufacturing sector grew last month at its fastest pace in more than two years, with the Institute for Supply Management’s (ISM) index of national factory activity rising to 55.7 in August from 55.4 the prior month.

“That comfortably beat expectations for 54, with the index at its highest since June 2011.

“A reading above 50 indicates expansion in (

How Gold Storage Works

Gold is the ultimate value of any currency capital. Governments, companies and individuals leverage on gold for their capital and liquid cash investments against possible financial collapses and currency crushes. In the yesteryears gold used to be an exclusive preserve of the few “haves” but nowadays the proliferation of knowledge has opened up many doorways for ordinary people to invest in gold.

Picture Credit- Royal Canadian Mint On Amazon

Ordinary people can invest in gold. Even though many doorways have been opened to enable people to access this precious metal, gold is still a closely guarded metal. Some countries have opted for gold as their currency for making international payments. Various economies around the globe are well known in gold production and exportation. No (Read More….)

Overloaded with Debt and No Jobs to Be Had

By MN Gordon Economic Prism

The Federal Open Market Committee met on Tuesday and Wednesday.  The masses waited with anticipation.  What did they talk about?

Generally, they talked about price controls.  More exactly, they talked about controlling the price of the economy’s most important and fundamental element…its money.  By controlling the price of money they can influence the price of every single good and service there is.

Some believe this is for the good of the people.  That it will somehow boost consumption and stimulate demand.  That it will create a new hiring boom.  We have our reservations.

When it comes to the Fed, they believe – or at least pretend to believe – that with just the right policy mix the economy will be restored to glory.  But what’s the right mix…and how can a handful of bureaucrats with a handful of charts ever know what it is?

After several days of belaboring (

Spelling Out In Simple Terms- WHAT IS WRONG

Authored By Dave Webb

The future is controlled by economics. So has the past been controlled by economics. In theory, money represents commodities. And commodities are what controls everything we know.

The current economic situation is controlled by how much it costs you and me to buy commodities. The price of basics determine how well we all live.


How much does it cost you to own your car?

Do you have a lease or car payment?

How much does it cost to maintain the car?

How much does it cost to fill the tank and how long does it last you?

What do you pay per month for insurance?

What do you set aside for emergency repairs?


Do you plan for food? When I was in service I never gave it a second thought. (Older married men wanted a refrigerator and bought their own food.)

Do you plan to eat out occasionally and how much do you set aside for that?

Place to live:

Most of us start out renting. Is it possible to own a house?

Pay your (

How A Bridging Loan Can Help With Your Finances

Bridging loans are quite a lifesaver when it comes to real estate and property settlement. They are also ideal when it comes to closing deals and avoiding foreclosures. A bridging loan is money obtained from a financier within a period of 2 weeks to 2 years for the purposes of financing and existing financing. The bridging loans will need more incentive and are more expensive than the normal loans. The reason for this is that they are much more risky for the financing party. This is because of the time period and the skipping of bureaucracy. Bridging loans are offered by banks and other financial institutions for the purpose of helping investors and property owners with the processes of acquiring investments and more property where time is of essence. There are short term bridging loans and long term bridging loans. The type of loans is dependent on the amount being given and the period the property has before handing over. There are various benefits of using bridging loans to finance properties.

Benefits of bridging loans

Bridging loans (

Buying Happiness with Money – Is It Really Impossible?

Around 10 minutes in- One Lady has bought so many clothes and shoes that what once bought her happyness, has ruined her daughters childhood

Guest Post Jessica Greenberg

As a kid, I grew up in a traditional house. My parents were devout Christians, so I got the usual Christian upbringing together with my siblings. Life back then was fun, since I was still just a kid and did not have to worry about not having food, clothing and our basic needs. Ignorance is bliss, what can I say. However, as I got older, I slowly realized that life is actually boring and filled with problems. Whenever I asked my Mom and Dad as to why a couple of street children are running happily along the road, despite looking ragged and dirty, they’d smile and tell me that they’re still happy because they’re together.

Then I’d ask “How come? They don’t have any good clothes and they don’t eat that much. They don’t have any money. So why are they still happy?”

My Dad would say “Well, that’s because money can’t buy happiness.” along with a smile.

So there goes my teenage years. After years of studying for college and graduating, I finally landed a job and started (Read More….)