Friday, August 29, 2008

Major Corporations Cut Costs By Firing Thousands And Thousands Of People At Once

Category: Finance.

We are going through a recession.



We are going to hit all time lows that we haven t seen for over thirty years. Experts say that it s going to continue to get worse for at least two more years. The US Economy is in pretty bad shape, and getting worse is this news to anybody? You should be very glad that you have that$ 30k per year salary. Even though many of us feel that we are at a rough point in our lives because of this recession, we live like kings compared to the rest of the world. 20% of the world population live on$ 1 a day and 50% live on$ 2 a day. We make way more than$ 2 a day and yet we only have 5% of our 65 year olds retire completely financially free.


They re either dead, or in debt, still working! What happens to the rest of them? So first we have to help ourselves and do what many wealthy people before us have done. These great entrepreneurs found out what the masses needed, in terms of a product/ service, and provided it to them. Take advantage of the recession and use it as an opportunity to create wealth. They knew what the masses needed before the masses even knew it themselves. Major corporations cut costs by firing thousands and thousands of people at once.


That is the key principal needed to create wealth. Social security is on its verge of being bankrupt. All these are contributing factors to why more than 90% of the US population is in great need of financial help. School tuitions grow at an average rate of 7% per year. People are losing their homes every day and it s amazing how the majority of our society believes that the next president is going to make some sort of change. This movement not only helps the World in its entirety, but it also gives the people involved a great opportunity to change their own lives forever.


True change can only be made when a massive group of people move together towards a common purpose. Billionaires have been created because of recessions so why not millionaires? But it s not just enough to be at the right time in the right place. We are in the best moment in our lifetime to make a change in the world and help ourselves create millions in the process. You actually have to be the right person as well. And the fact of the matter is that there are so many people all across the US that face the same challenges we do when it comes down to their finances. Many of us face our own financial problems and we are so worried about them because no one is genuinely willing to help us fix this problem.


We can t really be blamed for trying to look out for ourselves. Have we been able to improve our lives, or are we, make them worse stuck in the same position we ve been for the past 20 years? But what have we gotten from the strategies that we ve decided to implement in our lives thus far? I learned early on that in order for me to get what I want from my own life, I need to help others get what they want. If you are looking to make yourself independent from the government and your employer, concentrate on helping other people create that same independence for themselves. So I have decided to concentrate on helping others achieve financial independence and will do the same for myself as a result.


Make people understand that working harder doesn t necessarily mean working smarter. Let them know that they don t have to pay an arm- and- a- leg in taxes. Let them know that there are better ways for them to grow the money that they already have. Help them protect their families in the case of an unexpected accident. Many people want it but few are willing to actually live a life based on helping others. Just like anyone else, I m sure you d like to create a life of purpose and prosperity for you and your family. If you dedicate your energy towards helping others, even though we re going through a recession, you will be a witness to the transformation of your life.

Read more...

It Is A Rule Of Thumb That With This Type Of Insurance You Generally Take Out 10 Times The Amount Needed Annually - Finance:

A question that any person concerned about sound financial planning should always ask themselves, but how do you work out the answer?

The Cut Will Be Done To Support The Economy And Not For The Financial Market - Camille Genovese's Finance blog:

While some economists, during the early fall of the real estate boom, predicted that the situation will be soon under control, the latest forecast predicts a very uneven and rough road ahead for the housing market.

No comments: