6 Money Problems That Didn’t Exist 50 Years Ago

6 Money Problems That Didn’t Exist 50 Years Ago

Cynthia Measom  Mon, April 12, 2021

For consumers today, America is much, much different than it was 50 years ago in the 1970s. For example, you can buy almost anything you want or need from your phone with easy monthly payments, the cost of child care can decimate your paycheck and if you take out student loans to pay for college, you can financially cripple yourself for decades after you enter the workforce.

If you are like most people, you use technology throughout each day, which means that you are likely constantly bombarded by various ads, videos, emails and text messages that are designed to influence you to spend money. And if you make a habit of taking the bait, you can create a whole host of additional issues for yourself — from identity theft to fully utilized credit card limits.

Here’s a look at six financial woes that people didn’t have to worry about 50 years ago.

Fraud and Identity Theft

Carter Seuthe, CEO of Credit Summit, believes that fraud and identity theft as a means to open new accounts is one of the biggest money problems people have today that didn’t exist 50 years ago.

“Obviously, these things have existed for as long as people have had bank accounts, but it was much harder to pull off once banks and creditors began requiring multiple forms of ID,” Seuthe said. “Now, an unsafe internet connection can get all of your account information skimmed by someone who invests in $5 of hardware. They can use your identity to open credit accounts, steal money, and commit widespread fraud in a matter of minutes.”

Credit Card Debt

In the 1970s, only about half of American families had one or more credit cards, and the most common type was retail store cards, according to a report from the Federal Reserve. Today, according to the Fed, almost 8 in 10 adults have at least one credit card, which can add up to tons of credit card debt.

“Americans have a long-standing love affair with their credit cards,” said Lauren Anastasio, CFP at SoFi. “Credit cards have become increasingly popular and the norm for spending money. […] Depending on the type of credit card you have, people are more incentivized today by rewards points that you can cash in for things like travel, airfare or cash back — making it easier to overspend without realizing it.”

Overall Higher Cost of Living

To continue reading, please go to the original article here:

https://finance.yahoo.com/news/6-money-problems-didn-t-181959284.html

What To Do When a Teenager’s Tastes Turn Expensive

What To Do When a Teenager’s Tastes Turn Expensive

Trent Hamm   March 24, 2021

Somewhere along the line, the toddlers and youngsters that used to fill my house with noise grew up into preteens and teenagers. The toys they once yearned for and constantly played with have slowly been packed away and given to charities, and their tastes have changed. They now want gadgets — cellphones, tablets, higher-end PCs — and our oldest is yearning for a car in the near future.

While a small weekly allowance used to work great for helping them buy the occasional toy that they wanted, a few bucks a week doesn’t really get them to the point of being able to buy the things they want. Sarah and I don’t want to simply hand them fistfuls of cash, either. Should they get a job? What’s the solution?

The cost of teenagers

The USDA reports that the cost of raising an average American child from birth to adulthood adds up to $233,610. That’s a stunning number, but in our experience, it holds true. Having a child means having a larger house, having a bigger food bill, having clothing and educational expenses, buying gifts… it adds up surprisingly fast.

This really kicks in when they become teenagers. Expenses increase as a child ages, averaging $900 more per year for teenagers between 15–17 years of age. Why? Teenagers have higher food costs as well as transportation costs.

This is in line with my family’s experience as our children move into that age bracket. Our teens eat a lot of food, usually far more than Sarah or I do at our family dinner table. Our oldest in particular is very interested in a car and is regularly talking about plans that will result in him having one he can drive.

Teenagers’ spending habits

All of our children’s tastes have become more expensive. Each child has developed a hobby or two that’s also rather expensive. For example, my daughter is constantly drawing and seems to consume art supplies, and my oldest son is a competitive speed cuber, which requires a seemingly endless array of combination puzzles of different shapes and sizes.

To continue reading, please go to the original article here:

https://www.thesimpledollar.com/financial-wellness/teenager-spending-costs-credit-building/ 

The Twelve Biggest Personal Finance Mistakes People Make Over and Over Again

The Twelve Biggest Personal Finance Mistakes People Make Over and Over Again

By Trent Hamm

As I’ve mentioned before, I get tons of email from people describing the personal finance problems in their lives, commenting critically on things I’ve written, and offering up their own stories of success. Not only that, as The Simple Dollar has become more and more popular, I’ve had more and more opportunities to talk about personal finance with people face to face.

What amazes me is that I see most of the same problems pop up time and time again. Sure, the specifics of the story change, as do the severity of the situation, but these same twelve items come up in almost every story I hear about financial problems. Even worse, quite often multiple items from this list appear in the same tale of woe. I’m not immune to them, either. At the time of my own financial meltdown, I was guilty of the majority of these things. It was only due to a commitment to fixing my financial situation that I was able to overcome these mistakes and set them right.

Here they are, the twelve biggest mistakes I witness and hear about time and time again.

Concern rarely extends beyond the next paycheck or two.

These are the people who live from paycheck to paycheck. Their next paycheck or two will cover the immediate bills. If there happens to be some money left over, it’s spent on frivolous things. These are the people who are constantly hitting the ATM to check their debit card balance so they know how much they have to spend or the people who juggle credit cards that are maxed out. The only thing that matters is the next paycheck and the brief breathing room that it provides.

What’s the solution? The best way for people in this situation to begin to escape is to set up an automatic savings plan of some sort. The automatic savings plan would scrape a small amount of money out of that checking account each week and put it somewhere safe. The point isn’t so much to build up savings (although that’s very useful and valuable), but to slowly wean yourself from spending everything that you bring in.

Only one person in the family knows where the money goes.

Most families have one person that’s largely in control of managing the money – and that’s fine. It can be very useful to have a family “accountant” – a person that manages the checkbook, makes sure the bills are paid, and so on. This can actually be a very good thing, particularly if one person in a family is particularly detail-oriented.

To continue reading, please go to the original article here:

https://www.thesimpledollar.com/financial-wellness/the-twelve-biggest-personal-finance-mistakes-people-make-over-and-over-again/ 

Are You A Cheap Person? Or Are You Being Frugal?

Are You A Cheap Person? Or Are You Being Frugal?

ByTodd Kunsman

Saving money and finding ways to make your dollars stretch farther is not necessarily a bad thing by any means. After all, not everyone can live lavishly all the time or never worry about their finances.  However, sometimes your money saving ways puts you in a category of being a cheap person.  This means you are becoming too obsessed with money, savings, and looking for ways to never spend. The problem is others start to notice and you may begin alienating yourself from friends and family.  Instead, you want to practice being frugal and scale back on being cheap.

But what is being cheap about? What are the signs of being a cheapskate? And how can you tell if you are being frugal or cheap? Don’t worry, I’ll explore all these questions below!

What Does It Mean to Be A Cheap Person?

A cheap person is someone who always buys items at the lowest possible price. People who are cheap do not care about the quality of an item and try to spend as little money as possible.

They often buy items just because they are on sale, and will still use them years after they’re worn out.

Cheap people hate spending money in general, and are willing to sacrifice time in order to find good deals. In general, a cheap person will only focus on price and believes that the best value is always the cheapest.

Being Cheap Is A Mindset

Being cheap is generally a harmful mindset, but depending on your situation it might have some short term benefits.

For example, if you are trying to pay off debt or live within your means for a specific amount of time, being cheap will help you get there faster.  However, in the long term, being a cheap person actually does more harm than good. That’s because people who are cheap are usually only thinking of short-term benefits rather than looking at the bigger picture.

Sometimes it’s better to spend more on higher quality items, such as a good mattress or high quality jeans.  Not only that, but being cheap can also be seen as unkind or selfish; if you’re always trying to get a free ride, or “forget” your wallet, people will think twice before being generous with you and it could even cost you some friendships.

Being cheap is a mentality that focuses more on the present rather than the future; if you’re seriously struggling with money, this may be helpful.  But in general, you want to be able to gain an overall perspective over your spending and not only focus on the price.  

Signs You Are Being a Cheapskate

Often being cheap or just a frugal person can sometimes have similarities.

To continue reading, please go to the original article here:

https://investedwallet.com/cheap-person-or-frugal/

Why It's so Hard to Talk About Money With Friends—and Why You Should Do It Anyway

Why It's so Hard to Talk About Money With Friends—and Why You Should Do It Anyway

Jolene Latimer  Wed, April 7, 2021

Plenty of us feel totally comfortable talking with our close friends about almost every topic—sex, parenting, even politics. But what about money? In many cases, finances are the final conversational frontier among friends. While many old-school cultural taboos have been broken or at least softened, the stigma surrounding money talk remains—and it's a cultural norm that could actually be robbing women of the very conversations we need to improve our finances.

"You can be embarrassed if you have too little, or embarrassed if you have too much," says Diana Machado, who runs a business in Canada to help women find financial community. "There's no easy outlet to reach out and say, 'I need to talk about finances.'"  Conversations about how to earn money and manage it are important in a world that still undervalues women's labor and financial education. Yet many women find themselves uncomfortable bringing up even the topics of salary or earnings (not to mention discussing financial hardships and discrimination) among friends, especially if they were taught growing up never to ask someone how much they make.

For Machado, these taboos were part of the culture shock she experienced moving to North America from the Azores, a cluster of islands off the coast of Portugal. During her childhood there, she experienced the opposite.

"When I was growing up, everyone in our community knew our financial circumstances," says Machado. "My mom would always have women around her who were all in the same boat and understood what we were going through."

At that time, it was typical for men to be the family breadwinners, which Machado explains made financial stability—while feeding the family on one income—difficult. This became especially true when Machado's father began spending an increasing amount of the family budget on alcohol. To make ends meet, Machado's mother turned to her friends, the women in her community, for support.

"My mom would clean houses... They would pay her with food," says Machado of her mothers friends and neighbors. "I loved seeing women supporting each other. I always knew we would never be alone."

It's typical for women in many parts of the world to form communities around money, whether informally, in Machado's case, in formalized rotational savings groups. In Africa, for instance, traditional, female-driven, peer-to-peer savings co-ops—called tontines—see women friends come together to help each other afford emergency expenses or larger risks, such as starting a business.

To continue reading, please go to the original article here:

https://finance.yahoo.com/news/why-hard-talk-money-friends-214858346.html

The Do’s and Don’ts of Combining Finances With Your Partner

The Do’s and Don’ts of Combining Finances With Your Partner

Sam DiSalvo  Wed, April 7, 2021

One of the many things that became “real” once my husband and I got married is our finances. For four years, our only discussion about money was in the notes of Venmo transactions. I had no idea how much he made, and he had no idea how much I made; we just knew we had enough money to split dinners via Venmo.

That all changed when we moved in together and, shortly after, got married. Our short financial conversations had to become longer and include topics such as salaries, taxes and “how come you get so many Amazon packages?”

Here’s what my husband and I have learned after a few terrifying-but-worth-it conversations about combining our finances.

Do: Show ’em What You’re Working With

My husband and I decided to do a “rip off the Band-Aid” approach and show each other everything, all at once. Sexy? Not quite. We each had tabs open on our computers of our bank accounts, credit card debt, student loan debt, credit scores and 401K’s and then showed them to each other. I was literally shaking when we did it because I had never shared this much information with anyone. However, being able to share that with someone who I love and trust was very freeing.

It’s always better to know what the two of you have, rather than being so anxious around it, neither one of you knows if you’re making the right decisions for your relationship. Remember: you’re on the same team. Having debt or a low credit score when you enter the relationship is not the end of the world — in fact, it’s extremely common. What matters is how the two of you navigate that going forward.

Don’t: Blame or Judge

We’ve all made a stupid purchase that we’ve regretted buying (see: tank top that says “Reno does it better”). Know that your partner has, too. So it’s paramount that you have compassion for each other when you begin combining finances. Remember: You’re working together, not looking for an enemy.

Our beliefs about money often come from our upbringings. While we don’t have control of these beliefs as children, when we’re adults we can start to question and change them — especially if they involve judging others harshly.

To continue reading, please go to the original article here:

https://finance.yahoo.com/news/don-ts-combining-finances-partner-110022481.html

What Basketball Can Teach Us About Responsibility

What Basketball Can Teach Us About Responsibility

by Jim Rohn | Mar 13, 2020

What Basketball Can Teach Us About Responsibility

During the years when professional basketball was just beginning to become popular, Bill Russell, who played center for the Boston Celtics, was one of the greatest players in the professional leagues. He was especially known for his rebounding and defensive skills, but like a lot of very tall centers, Russell was never much of a free-throw shooter. In fact, his free-throw percentage was quite a bit below average. But this low percentage didn’t really give a clear picture of Russell’s ability as an athlete, and in one game he gave a very convincing performance.

It was the final game of a championship series between the Celtics and the Los Angeles Lakers. With about 12 seconds left to play, the Lakers were behind by one point and the Celtics had the ball. It was obvious that the Lakers would have to foul one of the Boston players in order to get the ball back, and they chose to foul Bill Russell.

It was the final game of a championship series between the Celtics and the Los Angeles Lakers. With about 12 seconds left to play, the Lakers were behind by one point and the Celtics had the ball. It was obvious that the Lakers would have to foul one of the Boston players in order to get the ball back, and they chose to foul Bill Russell.

This was a perfectly logical choice because statistically, Russell was the worst free-throw shooter on the court. If he missed the shot, the Lakers would probably get the ball back, and they’d still have enough time to try to win the game. But if Russell made his first free throw, the Lakers’ chances would be seriously diminished—and if he made both shots, the game would essentially be over.

Bill Russell had a very peculiar style of shooting free throws. Today, no self-respecting basketball player anywhere in America would attempt to shoot this way. Aside from the question of whether it was an effective way to shoot a basket, it just looked too ridiculous.

Whenever he had to shoot a free throw, the 6-foot-11-inch Russell would start off holding the ball in both hands, about waist high. Then he’d squat down, and as he straightened up, he’d let go of the ball. It looked like he was trying to throw a bucket of dirt over a wall.

To continue reading, please go to the original article here:

https://www.jimrohn.com/what-basketball-can-teach-us-about-responsibility/?utm_medium=email&utm_source=hs_email&utm_campaign=Jim%20Rohn 

5 Steps to Embrace Lifestyle Deflation Without Deprivation

5 Steps to Embrace Lifestyle Deflation Without Deprivation

The Minimal Investor

Written by Adam on March 28, 2021.

Are you one of the millions of Americans who are currently rethinking their finances? If you want to reset and reevaluate not only your money but what your life will be after the pandemic, there are ways to bring it all into balance without feeling deprived.

Let me know if this sounds familiar. When you were younger, you had less money than you have now. You worked hard, and every dollar you earned was a new opportunity to support yourself, buy something fun or have an exciting experience.

As you progressed in your career, perhaps you upgraded different parts of your life. You worked hard, and every dollar you earned was a new opportunity to support yourself, buy something fun, or have exciting experiences with new people. As you made more money, you probably bought more things. Maybe you upgraded from an apartment to a house. Or from an inexpensive area to the center of a city. Or from a cheap used car to buying your dream car.

The path to lifestyle deflation goes at your own pace

How far down this path you go depends on when you pause to reflect. Some people never do and end up with piles of debt, cluttered houses, and empty hearts.

There’s a name for this: hedonic adaptation (also called the hedonic treadmill). Over time you add more luxuries to your life. You start using a dishwasher. Each adult gets their own car. You buy an Instant Pot. As time goes on, this life becomes your new baseline. The cost to support your lifestyle climbs ever higher, but it’s hard to figure out what you could cut out.

Did you know that you can change the speed of your treadmill? You can choose to slow it down and to live a more simple life. You can even lower the speed and bring the life you love with you. Let’s look at a few thought-exercises you can do today (or at any time) to nudge your mindset in a new direction.

1. Find What “Enough” Means To You

For everything in life – from money to possessions to relationships – there’s a sweet spot. Too many relationships, and you’ll be overwhelmed. Too few, and you’ll yearn for more connection to the world (just ask 2020). The trick is finding the sweet spot where you have enough.

Yet most of us, myself included, don’t think about how much enough truly is. If you never reevaluate what enough means to you, how will you ever know when you’re there? You might even have reached enough already but don’t even know it. You could slow down the treadmill while maintaining the same level of happiness you have today.

The concept of enough spans many aspects of your life: 

Enough relationships – Does that mean one life partner? 5 close friends? 5,000 Instagram followers? A group that goes to brunch every week? What do enough relationships look like to you?

Enough money – Is it being able to pay bills and support your family? To afford an education? To create a better future for those you love? Is it enough to become financially independent and retire early?

To continue reading, please go to the original article here:

https://minafi.com/lifestyle-deflation

Inflation the Biggest Financial Scam Ever

Inflation the Biggest Financial Scam Ever

The Final wake Up Call By Peter B Meyer

  The Virus Economy

More Liquidity is another word for inflation aka Money Theft. Our eyes are on it, because more of it is headed our way. Central Banks justify more intervention. They reassure the mob. After all, they know what they are doing!  The people need explanations for the strange phenomena fake money brings. They need bogus “solutions” to the problems it causes. Cutting off the fake money is not an option, so they invent theories that permit them to do even stranger and more harmful things.

“We have increased spending and now we have $1 trillion budget deficits,” Christine Lagarde pointed out on TV recently. “But we have seen none of the bad things that traditional economists expected. No crowding out. No spike in interest rates. No inflation.” Nothing bad has happened yet, she believes. And from this she extrapolates that nothing bad is likely to happen. Although, according to their own information, the ECB over the pandemic period has increased the money supply with 5 Trillion euros!

Rudolf Von Havenstein had said the same thing in 1920 even he knew it would cause inflation, but he considered it the lesser of two evils. He also seemed to think that the inflation would be moderate, as it had been during the war, and that it would reduce the crushing weight of Germany’s war debt.

One little step led to another. And five years later, when von Havenstein died, the central bank of Germany had printed some 500 quintillion marks. This hyperinflation of the money supply caused a hyper deflation in the value of the mark. One U.S. dollar was worth 4.2 trillion marks by December 1923.

And what about today’s inflation? As long as the economy is operating below “capacity,” it is believed consumer prices won’t rise. As long as there are empty seats in the theatre, like from real estate, crypto currencies, and the stock exchange. In other words, the central banks should try to fill them by printing more money.

In the long run, this fiscal policy will be catastrophic. The world economy now depends on ultra-low interest rates and bond yields. And those depend on ultra-low inflation rates. Keep in mind; you can get ultra-low inflation with easy monetary policies, but not with easy fiscal policies.

The Treasury market is already anticipating rising inflation. Bond prices are falling; yields are rising, exactly what you’d expect if investors were no longer worried about deflation.

Velocity of Money Spurs on Hyperinflation

When consumer price inflation starts to spike in earnest, bonds will fall hard, and all Hell will break loose. And what will the central banks do? What could they do? The responsible thing would be to raise interest rates to head off the inflation. But that would bring on the correction that they have worked so hard to avoid.

Instead, they will do what all irresponsible governments do. More spending, more stimulus, more inflation. And so, inflation could become hyperinflation. But it is said that is still in the future, perhaps long in the future?

From a wealth preservation point of view, this period in time will be the last chance for investors and savers who don’t have enough physical gold and silver to stock up. In the next few months’ gold and silver will go up many thousands of dollars/euro’s an ounce and will be a critical part of investors’ wealth preservation portfolios.

In order to protect their assets from total destruction. As gold and silver markets go up, the massive paper selling of gold and silver, which has been done by governments and bullion banks in order to depress the prices, will come back as a boomerang.

Hyper-liquidity can become hyperinflation via the velocity of money in a crisis of confidence of the paper currencies. Therefore, hyperinflation will be a currency-motivated event.

Notwithstanding, most people say that this will not happen this time. They make this claim because they believe the Central Banks have the capacity and the foresight to prevent this. Which is not.

New Printed Currency Spent For Pandemic Bribes

Much of the new printed currency is used for bribes. Although, obviously no official numbers are emitted, we can be assured that hospitals, police corps, and many other institutions have been bribed with fake money to keep the phony pandemic alive. It has been discovered that every dead corpse registered as a pandemic victim brings in up to 20.000 each. Hospitals are empty, but make more money than before.

 Then, as consequence from the fake pandemic; Consumer purchases have declined, which means that new money is not yet in circulation, and is therefore being used to pay back debt or being saved in old socks, as it is obvious no one is spending or investing. Rather sooner than later, the money shall have to come back into circulation, and to all intents and purposes this shall enter a period of hyperinflation, implicating; lots of money chasing a few goods.

There are so many outside forces that are influencing the markets. How could anyone possibly think that moves by central banks are intelligent decisions that are going to stop volatility? The central banks have been wrong continually.

Nevertheless, governments all over the planet have gone to war and introduced measures to stop subsidies and spending, giving and taking, doing something for your neighbour that they should be doing for you.

 The Destruction Of The Economy

In a normal economy, people work with one another, and create wealth. They trade with each other, too, benefiting from each other’s skills and advantages. Trade means contact and contact transfers not just goods and services, but viruses and bacteria, too. Which leads to the major plot: the destruction of the central bank economy.

Whole industries are being wiped out. The U.S. and Canadian oil industry, for example, has been decimated. Its bonds are going to zero. Most likely, the oil drillers will never recover. They need high oil prices and ultra low borrowing rates. Neither of those things are likely to happen again anytime soon. Oil is cheap. And who would lend to an oil producer now? Moreover, free energy is on the rise for the people worldwide.

Forever, there is unlimited quantity of free energy available, for daily use. Nicolas Tesla could have made this wireless energy available to us about at least hundred years ago! But, the Deep State didn’t want to let you know about, as it destroys their oil monopoly.

Airlines have lost market share to Zoom Meetings, malls have lost business to online sellers. Bookstores, hotels, convention centres, live sport events and entertainment, are depressed. And how about the Post Offices and railroad companies? How many of these things will really recover? Or even survive?

Industries are always evolving, with some falling and some rising. The governments’ war with the virus seems to have sped things up. And the damage doesn’t stay in the most exposed industries. These businesses have employees, and creditors, and suppliers.

The damage ripples out, like the waves in a lake when you toss in a stone. And all of these businesses and employees pay taxes. April is usually the biggest month of the year for government’s tax receipts. This month, though, the pickings will be slim. For, here are some more numbers

 Closing the shutters for a month is equivalent to an 8% fall in GDP. Two months more makes a depression. Or look at it this way. Last year, 150 million workers spent all year producing a GDP of $20 trillion. But this year, already, 17 million people have filed for unemployment benefits.

That is 11% of the workforce. Most likely another 15 million or so will have joined them by today. This suggests a reduction of output of 21%. Again, that’s a depression. That would be bad enough. But then again, governments could simply claim victory in their battle with the virus, ease off on their restrictions, and let the economy get back to work.

There would be hardship aplenty. Bankruptcies. Defaults. High unemployment. Crashes, with assets going for cents on the Dollar. These economic losses are real. They don’t disappear simply because the central banks print pieces of paper with ink on them. They can only be made to go away by hard work, investment, skill, risk and all the other elements of win-win prosperity.

 Europe is stodgy, lethargic, overtaxed and over-regulated. Its workers take too many vacations, and its businesses lack the dynamic spirit that makes U.S. enterprises so successful. As, George W. Bush reminded, the French don’t even have a word for “entrepreneur.” Compared to the hard-charging American dealmakers, Europe just cannot keep up?

However, there is a silver lining on the horizon. The patriots are letting the Deep State destroy their own systems, while the QFS, the people’s system is ready to replace it. Never intervene when the enemy of the people is destroying itself. It may take more time, but it prevents civil wars.

Moreover, this chaos humanity and the world is going through is the fall of the Deep State tyrants; their Draconian Law is giving way to Unity Consciousness and Universal Law. An empire based on the old ways has no foundation, it will fall, taking down all who live within its walls. Those religious, political and corporate businesses that are not aligned with Unity Consciousness or Universal Law, better known as “Truth”, will either restructure or fail. Anything that is not awakening, will either have to transform or fail.

 We already could have been freed, if it wasn’t that the mass is still asleep. People must fight for their own freedom otherwise it doesn’t provide them the value of liberty! In the end with all the vaccination stuff around society will cull itself. The weak shall fall by the wayside. And the strong will prevail.

 The True Story Behind Evergreen

The DS Great Reset, such as climate change, increased extinction, economic crisis, green revolution, and now the Covid hoax, are being promoted to distract and frighten the populace, to have a justification for more authoritarian control such as wearing face masks, social distancing, and to have an excuse for changing their monetary system, as the financial edifice of the private central banks is rapidly crumbling.

 In response; the container ship Evergreen that blocked the Suez Canal came not only to break the global money system, but also was contrived to break up the entire DS infrastructure, even more their people, children, organs, nuclear weapons and drug trafficking rings.

The symbolic phrase: “We shall see where the ship runs aground” also could signify the end of our nightmare. The Evergreen container ship will be the bombshell that wakes up humanity en masse when discovered that children and women are being trafficked into the containers.

People will become aware of what has been happening for hundreds of years, to satisfy Satanic cults, sacrificing children to Satan is a necessity for their authority on Earth.

 Many will see this crime against humanity live and then understand that the whole pandemic is fake. By bribing hospitals and doctors, who are in the plot of the virus, means another crime against humanity. This must be the moment of our mass awakening and victory over the Deep State.

Naval traffic data shows the Evergreen passing through Little Bitter Lake. The ship is using its own engines and travels at 8.60 knots. According to initial reports, the container ship may stop in Little Bitter Lake for investigation, but it may also be on its way to Greater Bitter Lake. This means that the channel is “free” for passage of other vessels. The ship will be inspected in the lake and unloaded if necessary.

 This Evergreen operation is brilliant in its simplicity, logistics and efficiency. Especially designed to awaken the masses from their profound inanity. If soon children are freed from the containers, and the media does not report about it, they will nevertheless be shocked and wonder why the MSM does not report about it?

Of course, this malpractice by the Deep State was known long ago and could have been dealt with in other ways without a Suez Canal blockade. But when maximum impact is required, genius is the only solution. An operation that kills several birds with one stone!

 If you found this information interesting, explanatory, valuable, and/or insightful, please share it with everyone you know to help awaken and prepare them. And don’t forget to put up your national flag showing the world you are awake, and motivate the silent awake majority to follow suit. The more flags out show the cabal is losing their grip of power over us. There is much more enlightening information to follow! You are invited to subscribe free of charge.

 Unity is Power

Our liberation process cannot be stopped anymore. Uniting with others who are like minded people creates and shapes our best reality. Worldwide networks of awakening people are being created, such as in Spain in the Marbella / Malaga area, which attracts an increasing number of participants. In just a few months of existence, the group has grown to over 530 members. If you would like to apply or learn how to start your own regional or local group, please contact FWC via email. Our future lies in our own hands specifically in small communities that become the foundation of our self-managed society.

Stay tuned there is more to follow…

http://finalwakeupcall.info/en/2021/03/31/inflation-the-biggest-financial-scam-ever/

Living Below Your Means: The First Step to Wealth

Living Below Your Means: The First Step to Wealth

Written March 4, 2021 by One Frugal Girl

Ask a group of money nerds the best way to get rich, and you’ll likely receive a handful of juicy tips for building your nest egg. While new advice pops up on occasion, most financial gurus stick to a list of tried and true favorites. Living below your means is one such piece of financial advice.

What does it mean to live below your means, and can it really lead to greater wealth?

Living below your means is often defined as paying for all of your bills in full each month. Simply put, you spend less than you earn and never purchase more than you can afford. You can use credit cards to pay for your expenses, but you never need to carry a balance on them.

If you’ve never saved money before, living below your means will point you in the right financial direction. It can help you stop living paycheck-to-paycheck and help you focus on long-term goals.

Living Below Your Means Won’t Generate Significant Wealth.

In theory, this may sound like the ticket to wealth, but unfortunately, it doesn’t always work. If you make a lot of money, living below your means is an easy way to build assets. If you don’t, it could be downright impossible.

When we focus on living below our means, we typically think about decreasing expenses and cutting costs. The trouble is you can only trim so much. If you don’t earn a decent wage, you can’t save a significant portion of it.

Without a sufficient financial support system, many hard-working individuals and families cannot save a considerable portion of their income.

Living below your means often emphasizes a lack of spending, but income is just as important, if not more important than cutting costs. After all, it’s a whole lot easier to earn $100,000 a year and spend less than $75,000 than it is to make $50,000 a year and live off of $30,000.

Living Far Below Your Means

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https://www.onefrugalgirl.com/living-below-your-means/

Get Rich Versus Stay Rich

Get Rich Versus Stay Rich

Posted March 10, 2021 by blair

I don’t help people get rich, I help them stay rich.  My job as a wealth manager is to help clients hold on to their wealth and to preserve and grow it to keep pace with inflation. My number one priority is to ensure that money is there to meet their goals, when they are ready to spend it.  There are a lot of ways to get rich. The most reliable way is to spend less than you earn and invest the rest. Repeat consistently for four to five decades, and you are likely to secure a decent retirement. One of my favorite things about being an advisor is hearing the variety of ways people accumulated wealth.

I’ve seen and heard it all. Stock-based compensation is a common route, as is building a successful, privately-owned business. Then there are high earning professions such as medicine and law. In some cases, I work with the second or third generation of a family. One of my colleagues spoke to a true Tesla millionaire recently. They really do exist, and a few actually took some gains off the table.

A common theme among wealthy individuals is the realization that money earned easily can be lost just as quickly. There is a healthy fear of making a mistake they will regret. Morgan Housel put this perfectly in his book, The Psychology of Money:

There are a million ways to get wealthy , and plenty of books on how to do so. But there’s only one way to stay wealthy: some combination of frugality and paranoia.

This is not the first time I have referenced that quote from Morgan, and I doubt it will be the last. The truth of the matter is that many Americans have made fortunes in recent years. The current bull market, particularly in popular, high growth stocks, has made millionaires out of employees and investors in these companies. Some of them won’t be able to hold on to it.

Few things compare to the high of making millions off a concentrated bet; whether that bet is on a single stock, building a business, or working for a successful start-up. I imagine the brain responds to this high in the same way it does to addiction. The temptation to chase the next high is all-encompassing. I talk to investors all the time who can’t stop chasing that high.

Getting rich and staying rich are two very different skills. Getting rich is exciting, even thrilling, and often includes lots of risk taking. Staying rich is boring, bordering on mundane. That’s because the only way protect wealth with any degree of certainty is to diversify. Diversification by definition means that parts of the portfolio will always be lagging the rest of the market.

To continue reading, please go to the original article here:

https://blairbellecurve.com/get-rich-versus-stay-rich/