Saturday, March 21, 2009

How to Survive During the Great Recession By Angeline Ng Mei Lin

The world is looming with the threat of severe recession and generally it is a hope that we will emerge stronger. So how do we survive the difficult times while trying to enhance our earnings simultaneously?

The solution to surviving this recession, is to spend within our means. The main objective is to focus on the cost cutting measures within the household mainly from housing loan, car loan and credit cards. By decreasing the debts we can reduce payment on the interest incurred.

We should use this crisis to evaluate our objectives. We need to navigate the crisis into reshaping our lives to a more efficient component. The ones who will survive from this recession will be the ones who tap into their creativity and think out of the box.

How to generate money during recession is a major hurdle that most of us have to overcome. The last Great Depression has embedded the ultimate fear of losing everything in us. An alternative source of income not only generate earnings but enhances a sense of security and welfare for the household in general. Have faith that our world will be able to weather the perfect credit storm as countries are more resilient than ever.

For those who anticipated this economic bust, this is the opportunity of the century as everything are at a discounted price ranging from property to stocks. While others are unable to spend, this crisis will be a perfect time for investment in increasing our assets holdings awaiting for the next boom!

For further information, visit us at: How To Generate Money

Article Source: http://EzineArticles.com/?expert=Angeline_Ng_Mei_Lin

Angeline Ng Mei Lin - EzineArticles Expert Author

How to Generate Money Via the Path of Least Resistance By Angeline Ng Mei Lin

As we venture into the "Great Recession", we need to review how the tough economic time has impacted us. While the world leaders are busy rescuing the economic collapse, what do we do with our lives?

We need to look into new measures to boost our financial standings. The rising unemployment rate is now at an alarming rate. While everyone else are clutching desperately to their job, we should be looking at how to generate money for ourselves. This is important so that we are not paralyze by what is happening around the world. Our family are too important to be dragged into these chaotic whirlpools.

Let us focus on how to generate money via the path of least resistance while maintaining our current status quo.

* Creation
* Emulation
* Affiliation

The universe favors those who creates for the betterment of mankind. Creation that provides solutions are generally accepted in exchange for money. Creation may come in an emotional or physical form.

Money making methods need not be difficult. We just need to emulate successful formats around us. The world is full of copy cat marketing concept, we just need to make a choice on what is best suited to our requirements.

Affiliation is the one of the major drivers of the internet marketing business, however one should be weary of schemes that are out there to scam others. Affiliation is a very important concept as more are achieved at the least possible time.

There are many ways to generate money however the above three methods are chosen in view of the current economic crisis the world is facing. I strongly believed that one should not commit heavily in a new venture until it starts to generate some form of income.

This is the time to learn, regenerate and sharpen our skill while waiting for the next boom!

For more information, visit us at: How To Generate Money
http://howtogeneratemoney.blogspot.com

Article Source: http://EzineArticles.com/?expert=Angeline_Ng_Mei_Lin

Angeline Ng Mei Lin - EzineArticles Expert Author

How to Generate Money - Affiliate Program By Angeline Ng Mei Lin

My coach once told me that money making programs sells like hot cake however they fail to realize that self improvement compliments the road to riches. Many entrepreneur are being denied and deferred due to lack of knowledge.

The general perception is making money from the internet is easy, fast and a sure guarantee to instant wealth. Almost everyone I know dreamed of owning their own business and quit their day job. Some are even encouraged to take the plunge to the unknown. Sadly, they allow themselves to be in the position of vulnerability. Does that sound familiar? The reality only sets in when one is engaged in the whole process of internet marketing.

Well, I learned from the internet business is that no one is an expert. Internet business itself is a world of it's own and everyone is intertwined in their pursue of promoting their businesses.

The internet business is a very personal business. Your customers would like to know about the person who is promoting the product and we need to have a website. I would recommend the Blogger for the beginners simply because it is part of Google! Blogger is very user friendly and they constantly upgrade their programs.

It is important to do our market research to check on the market viability and also on the demand. From the searches we can gauge which is the business that will be able to generate money for you. Searches can be done over the Google Trends, Google Keyword and you may even find some on Yahoo!

How to generate money via the affiliate programs? There are plenty of affiliate programs available ranging from Amazon to ClickBank. Once the accounts are established, they have a step by step instructions for you to paste the html code of promoted item into your site. Fret not, You Tube is a great source of learning.

To promote your website, there are many social networking sites out there that can help you to generate the traffic to your website. Please do not spam or you will be suspended. You do not want your credibility to be tarnished. There are also other avenues for publishing namely Ezine Articles to build an authority on your subject matter.

Affiliate program works well for most beginners because this is the platform where they can discover more internet business models that are suited to their requirement. Lastly, be humble and friendly, because the person next to you maybe just your joint venture partner!

For further information, visit us at: How To Generate Money"

http://howtogeneratemoney.blogspot.com

Article Source: http://EzineArticles.com/?expert=Angeline_Ng_Mei_Lin

Angeline Ng Mei Lin - EzineArticles Expert Author

The Secrets to Becoming Debt Free By Angeline Ng Mei Lin

The journey towards financial freedom is deemed to be a life long journey that many gave up due to the frustrations encountered along the way. How do we increase our chances of success?

Followings are the secrets of increasing our chances of achieving financial freedom:

* Mindset is an integral part of wealth building. We need perseverance and discipline towards our goal. The believe that we deserve to be rich is major driver towards our objective. We must have faith so that we will be able to think creatively and out of the box. Taking responsibility for our action will weed out any desire to procrastinate over our task. Having a positive mental frames will reduce the chances of deviating from our goal.
* Knowledge opens windows of opportunities. Wealth loves knowledge. Being a knowledgeable person and to be able to act upon the knowledge, greatly enhances the process for wealth building. The curiosity of how to generate money should the main agenda of our life.
* F.Q.- Financial Quotient is what set each and everyone of us apart. The delayed gratification will certainly put help us to overcome our impulsive act of spending our income. One should not overlook the power of compounding variable.
* Being able to take a certain amount of calculated risk is the mark of a rich person. Investment knowledge will certainly accelerate the income growth exponentially. Investment can be in a form of tangible and intangible product . Example: property or stocks.
* Understanding the concept of passive income is vital to the wealth building process due to the limited amount of time that we have. It is a financial tool for leverage hence we do not trade our time for money.
* Having multiple sources of income will definitely accelerate our objective.
* To manage the current debts, we need to consolidate our debts into a main account. By consolidating our debts, we should opt for the financial institution that offers the lowest interest repayment.
* Debt traps exists at every corners that we turn. We should take the extra precaution to identify the debt traps so that we would be able to differentiate between a basic need and a want. 80% of the time we ended buying things that we already owned.

We should always embrace change. Having the right mental attitude will make our journey towards debt free an easy task.

For further information, visit us at: How To Generate Money
http://howtogeneratemoney.blogspot.com

Article Source: http://EzineArticles.com/?expert=Angeline_Ng_Mei_Lin

Angeline Ng Mei Lin - EzineArticles Expert Author