My Personal Finance Blog

Like most successes in life executing a great plan goes far to assuring success. Investing is no different. To succeed as an investor the first step is establishing the right foundation. What is the right foundation? There are many opinions, but take it from someone who has operated from the wrong foundation that a lot of debt on your personal balance sheet is destructive to your investing plans.

The wise would be investor will take drastic steps to assure they don’t have any debt and that they are operating on a cash basis. This basis is provides a strong foundation from which even relatively modest earnings can create success.

How does one accomplish this? Well, perhaps a better place to begin is where not to start. We should not assume that we are somehow simply better disciplined and smarter than other folks. The statistical facts don’t support this. Do you know that on 2.7% of mortgages are paid early. Do you really believe that as a starting point you are better than 97.3% of people? To succeed, most will benefit from assuming that you are not different.

Where to begin? You must begin with a behavioral make over. You have to move from spender to saver. You have to move from consumer to producer. You have to become a money producing machine and allow the “snowball” begin to develop momentum. (Warren Buffet’s biography by this name is a good place to learn about the Snowball theory).

Having decided to keep debt out of your life provides you the firm foundation on which financial success can be laid. With laser like intensity and unwavering attention you will spend your time from this point reducing costs, eliminating luxuries, increasing income and increasing debt payments. In a relative short time, you will be debt free.

However, to get there you new behavior requires some foundational steps. First, put away $1,000 as an emergency fund. Emergencies are not Christmas. Emergencies are not normal car maintenance. Emergencies are those contingencies that can throw off your new resolve to eliminate debt. Next, you will pay off your debt by focusing on the smallest items with as much as you can pay and minimizing the larger debt payments behind that. Your ever increasing debt payments will eliminate the whole batch in a surprisingly short period of time. Next, you will fund your emergency fund with 3 to 6 months cash reserve maintained in highly liquid accounts. Last of all you will eliminate your house debt and move toward 15% of income wealth savings. In 5 years, you will be almost financially independent. In 10 years, you will be completely free. And, at retirement, you will have the options to spend your time as you feel appropriate. This path laid out by Dave Ramsey is a proven and when put on paper obvious path to financial freedom and power.

Selling a used motorbike is much similar to selling a used car. As such, considering the price of your bike through some source is a must. Using online resources as a baseline, you will be ensured that you are not overestimating your price point. Therefore, you may easily assess the estimated price for your used bike to get fast sale and to make sure you receive the most money on the transaction. When selling a used bike, you will have to consider the condition of bike as outstanding, fair or good. Outstanding is usually used for bikes 3 years old or less and means bike is in good condition. Many used bikes fall under good group, which means it has some minor troubles like scratch, minor rusting or slight war on fabric seats. Word fair means the bike has more serious problems such as rust, dents, excessive tire wear, mechanical problems or accident damage. Used bikes are usually assumed to be refurbished and in well condition. There are many books that includes trusted source of data on used bike pricing. Millions of customers and industry dealers depend on books to get exact information about selling used motor vehicles.

Here is how to assess the value of your used bike. Point your web browser to some trusted site. Note that site should contain features like car news and reviews, dealer price quotes, car comparisons, snowball valuations and personal watercraft. Some people use one bike for many years while others want to sell their bikes to get new one to keep their bikes new and fresh. Whatever the reason that people are trying to vend bikes, it is important to find the best and easiest way to ensure that you may get it sold. Sometimes, it can be difficult to get a bike sold. People have different issues to sell their motorbikes, and they cannot understand that there are simple things they may do to make sure that they sell bikes as soon as possible. There are few things that you need to realize to sell your bikes as soon as possible.

If you are trying to make the bike sold, you have to make sure that it seems as good as possible. You should be paying someone to clean your bike because every cranny and crook is providing off a positive vibe to a potential vendor. By having best positive visual, you have already ended half of the selling. If you want to know the exact place to start your bike pricing, you should get it assessed. By assessing, you know exactly what you are earning for motorcycle. If there are some major problems with bike, try to fix them before you sell it. The price decreases significantly based on the vehicle condition. If you keep your bike clean and get it fixed, you will be able to get a positive response from buyer. In case you do not fix it, you should be given lower offers than you expect.

19th March is Father’s Day in Spain, and you’re wondering how you can surprise Dad. We suggest you to buy a personalized gift with your favourite photo. And you can find   very reasonable prices.

In this article, there are ten different proposals for personalized gifts for make your “Dad”  happy on that day.

1. A man wallet. You can purchase at a price of around 24 euros. It’s made of artificial leather and it has multiple compartments for bills and cards. The quality is perfect.
2. A crystal ball of hearts. From only 10 euros. This is a typical snowball, but when you move it  the white snow is replaced by red hearts. A modern lovely gift.
3. A plastic key tag for only 9 euros. The photos are printed directly on both sides on Fibre-reinforced plastic. You can use two different photos and the text you want to. A little big present for dad.
4. A mobile phone bag made of leather, whith a cost oft 15 euros, with the photo printed on the flap on the highest quality microfiber. A surprise for the mobile addicts.
5. Boxer shorts, personalized  with your photo and text (18 euros), for intimate with your husband. And if you prefer a tanga, it’s possible too.
6. A beer stein, for those who need drinking while are watching football matches. It will cost 18 euros. A can you drink alcohol-free beer if you want.
7. And for  smoking people, We have a leather cigarette case with the photo you want for only 15 euros. Smoking is dangerous, you know.
8. A leather coin wallet printed on both sides with the photos you want is available from only 11 euros. Another little but incredible gift.
9. If you’re still in love with Dad (it’s important to remark), you can give him a custom cushion, with different designs to choose, from 18 euros.
10. And if  you want  different gifts and save money, you can combine several of them in different packs. All is impossible, because would be so expensive.

Personalized gifts are growing every year, and you can customize most of things: cushions, bags, wallets, key tags, magnets, serving trays, canvas… There are many options, and you only have to decide.