A Book You Really Need to Read

OK, I want to be clear on this one, I mean you really need to read this book whether you are a salesman or not. I just finished reviewing it and I think it can help anyone that wants more out of life in the way of wealth and simply in the way of happiness. This book was authored by award winning salesmen and entrepreneurs Neil Franklin and Jack Spirko.

They call the book, the definitive book on how to sell and I think they are spot on. It is just that they don’t just teach you how to sell in regard to product as a professional sales person, they also teach you the philosopy of effectively selling yourselves in all walks of life. Here is one of my favorite quotes from the book,

“Deep inside you exists another person. That person has the knowledge, expertise, experience, and wisdom to guide you throughout your life. It’s the real you. We use the term real because most of us live our lives as actors, fulfilling various life roles as we have been conditioned to do so since leaving the innocence of childhood“

This book is indeed deep and even a tiny bit spiritual but it is actually very easy to read and understand. I am going to read it again because like most books that are really deep you get more each time you read through it. Here is another quote that might make that a bit more clear,

“As the child matures, the programming by parents and society continues. Now this young adult has to get admitted into a competitive university, get his first job, or possibly ask for a raise if underpaid. The sad part is that at age five, he would have known exactly what to do and would have asked fearlessly.”

Again I highly recommend you have a look at picking up a copy of this book, it is one I can honestly say is worth far more then the cost. Spend just a bit of time learning to adapt some of these principals to your life and indeed the return of investment will be huge. You can even preview and read the first 12 pages of the book at this link.

~ Cost Cutter

Cover your ass——ets

I talk a lot on this blog about things like saving, investing and making money. I encourage people of every walk of life to spurn consumer debt and build wealth so they can live good even when times are bad. I want to shift gears a bit today though and talk a bit about how to protect your hard earned wealth.

I just got done reading a new book called Asset Protection 101 from Donald Trump’s Trump university and I have to say I learned a lot of new ways to protect the wealth I and my family have worked so hard for. In fact basically I just learned how to be a millionaire in reality and at the same time appear penniless on paper.

Of course I got wealthy in the first place by being a bit of a tight wad and knowing how to spot a good deal. So check out this deal from Trump University, buy a copy of Asset Protection 101 today and you also will get the following bonuses

• 3 J.J. Childers E-Books-valued at $19.95 each, these 3 e-books provide you with even more information about protecting your wealth, saving on taxes, and enjoying a stress-free retirement.
• 5 Special Reports-over 100 pages of extra material to help you build your wealth structure (worth $150!).
• The Top 50 Most Overlooked Tax Deductions-this gift alone could save you thousands of dollars when April comes around again!
• J.J.’s Asset Protection Worksheet-the master’s tool to show you where you may be vulnerable to lawsuits and how you can minimize your tax burden.
• Asset Video - addressing specific asset protection issues, which you can view on your computer
• 20% off the registration fee for Trump University’s Wealth Preservation: Asset Protection Retreat featuring instructor J.J. Childers.

There is also an awesome 1 hour free teleseminar. Now for a 20 dollar book those are some great bonuses. I don’t normally tell my readers to go spend money but in this case it will be a Andrew Jackson that is well used. For more information visit the Trump University Site for the special offer on Asset Protection 101.

A college education does not have to equal a lifetime of debt

Item number one of the philosophy that drives everything we do on this site is “Debt sucks! Stay out of it as much as you can” and I most certainly do include “student loans” in that viewpoint. Now I realize that for some students taking some student loans will be the only way to pay for 4 years of college I just believe you should borrow the absolute minimum amount you can. Student loans are not for supporting a lifestyle they should be used to fund tuition, books and direct educational expenses.

My biggest issue is that many young people are lured into massive student loan debt while billions of dollars in college grants and scholarships go unclaimed every single year. Let me repeat that fact billions of dollars in educational grants and scholarships that never have to be paid back go unclaimed every single year while students go into deep debt to fund their educations.

That is why I am a big fan of websites like Scholarships.com that help put students in touch with those funds. So if you or someone you care about is getting ready to go off to college or is even currently in college please make sure to take advantage of every way to fund that education that is possible. Even just a few partial scholarships and grants can have a massive effect on long term debt.

I have talked to new grads that come out of school over 75,000 dollars in debt. In many places that will buy a person a starter home! Debt is cancer always remember that it must be used as a tool and only as it is needed. Right now this very second there is more then 19 Billion dollars waiting at Scholarships.com to help fund educational needs so please make sure to check out their website, set up a free account and find ways other then more debt to fund educational expenses.

For helping young people reduce debt and achieve educational goals Scholarships.com certainly makes my list of recommended sites.

Great advice on finding great wine

I personally love a nice glass of wine but being a bit of a tight wad I don’t like to over pay for it.  So I was really happy to find a website called 10 Dollar Wine that specializes in reviewing and recommending inexpensive wine.  Now at first I was a bit skeptical of the name of this site, I mean “10 Dollar Wine” does not conjure up images of great wines.

Well I held back my skepticism and gave the site a shot, that was a good move.  As the name of the site suggests they are all about bottles of wine that cost ten dollars a bottle or less.  I actually found they do review some wines that are in the 12-15 dollar range as well.

Each wine is rated on a unique scale that is as follows,

• Highest Recommendation
• Highly Recommended
• Recommended
• Good
• Acceptable
• Not Recommended

You can view the entire explanation of their wine rating system for more information.  Each review compares the wine to other similar wines, tells you who would like or dislike it based on other tastes and gives some food paring ideas.  To me the most valuable advices it they tell you if they would buy the wine again and if they would keep any in their wine rack.

After reading some reviews I realized I have tried many of these wines and tended to agree with much of what they had to say.  I have to say this is a great site for finding and saving money on great low cost wines.  I like to enjoy the finer things in life like wines with out paying to much.  Now here is the best part this site apart from some advertising is informational only.  Most of these wines can be found in grocery stores, wine shops etc.  They really aren’t selling anything, just great free advice.  Put this one in your book marks and join their mailing list.

Establish your expertise by self publishing

If you are in business today, especially if you are in the online information business, doing public presentations or perhaps consulting then being seen as an expert can really increase your chances of success. One thing that can really help you be seen as an expert in your industry is to be an author of a book. Now I mean a real honest book that you can touch and feel not an eBook. eBooks are great for selling information but they certainly don’t carry the clout you get from publishing a hard copy book.

The problem in the past is to self publish was expensive and quite risky. Often you had to order 1000 copies or more and this led many early self publishers to end up with a closet full of books that never sold. All that has changed today with something called “print on demand” technology. Just as it sounds basically every time an book is order it is individually printed and shipped. This makes publishing low cost, low risk and open to anyone that want to take the time and effort to write a book.

One of the best Book Publishers for the would be self publishing author is called Author House.    They offer a exceptional array of services to help new authors get started and with just a bit of effort anyone can become a published author today.    It definitely takes some effort to write a book but the reward is usually well worth it.    Thanks to new services like Author House it is an option for more people today then ever.  For move information visit their website for more information at www.authorhouse.com

Native Americans are responsible for the US Constitution

Well not completely but on some levels it appears to be so. Let’s take a trip back to grade school and remember what we were taught about Native Americans or “American Indians” (though some consider that term politically incorrect). The short answer was that the Americas were sparsely populated with many tribes and they where not a very advanced civilization. This is just yet another example of our school system teaching dogma rather then facts, and you would think liberals would be all over this one?

The reality is when Europeans first came to the Americas they were heavily populated and very advanced in many ways. Recent archaeological evidence is that both continents were heavily settled and the Indians, in both North and South America, had, for millennia, shaped the land to fit their needs and desires. This includes even the rain forest that lies in Amazonia. It was the diseases that the first visitors that decimated the populations and left them in the sparse state that we pushed onto reservations a few centuries later.

Despite this they may have had more to do with our Constitution then the Magna Carta or Greek Influence and by a large margin. Apparently people known as the Haudenosaunee (ho-dee-no-SHO-nee) or Iroquois as we leaned to call them in school and were made up of six tribes that inhabitated the area in and around today’s upstate New York had a “Great Law of Peace” that specified among other things,

• A council would rule the tribes and their business between each other but power was granted to the council and could be with drawn and the council only made decisions on external matters like peace treaties
• The council had no power over the inner functions of tribes
• The council could not declare war with out a referendum from the people
• Every man was considered free and would never subject himself to the will of any other man

Does this sound familiar? It should and in fact one of the biggest issues that Europeans had with American Indians is that they had no respect for any “class structure”, they believed no man was better then any other man simply due to a birth right, possessed wealth or title. For this they were both feared and despised. Much of the revolutionary idealism that spawned the American Revolution came directly from colonists interaction with Native Americans.

This is yet another sacrifice that went into creating what was once the most free nation on the planet. Today many of the constitutional freedoms our founders died and risked all for are either gone or may soon be.

To learn more about these true roots of America’s freedom I recommend the book - 1491, - New Revelations of the Americas before Columbus - by Charles C. Mann.

Teaching kids to invest and think smart about money

I know a lot of adults that are doing what they can to teach kids about investing and saving money. The most common way is the good old fashioned piggy bank.  There is something to be said especially with younger children to putting some change in a piggy bank.  It is a good start but it is also quite limited.  With the good old pig you always can open him up and raid the savings and the savings lack any type of leverage.  You earn no interest and little Johnny’s or little Dorothy’s pennies end up worth less ever day, unless they are solid copper that is.

My view is it is important to have kids open their first bank account as soon as they are old enough to grasp the concept.  A Roth IRA with some monthly contributions should be set up by age 12 and money should be discussed from a positive outlook.  Don’t teach your children things like, “money is the root of all evil” as that is not the proverb anyway.

People that do well with money come from homes that discuss and value money.  Now of course you must teach ethics, family values and over all life lessons as well.  Your kids shouldn’t worry about money or believe it is the end all be all.  Yet they should understand it and its power, both good and bad and you should teach them the Building Wealth Philosophy as early as possible.

One of my favorite books for parents helping kids learn to invest is Rich Dad Poor Dad for Teens The Secrets About Money–That You Don’t Learn in School!  To me this book is an absolute must read.

One way or another make sure you are making things like money, avoiding toxic debt, savings and investing positive topics of discussion with your kids.  I am not saying your kiddos first words should be leverage and interest over mamma and dada but you get the point.

Building Wealth the Trump Way

As you know I am big on three big things; cutting costs, reducing debt and building wealth. The reality is you could simply call that entire formula building wealth as no wealth building formula excludes debt reduction or cutting expenditures. As a long time fan of Donald Trump I was therefore really excited when Donald Trump came out with a new book called, Wealth Building 101 so of course I picked up a copy right away.

Rather then a book by Trump this is a book by some of his personal advisers and a team of hand selected experts. The book was then edited by Trump to gain his final approval. What I really liked is that Wealth Building 101 is not the typical Trump book that is just focused on business owners or even just business people.  This book is full of advice that will help anyone build and preserve wealth even if they are just a routine employee that works hard and wants more for themselves and their families.  As books go I recommend this one highly.