Posts Tagged ‘Cash Advance’

Things Are Looking Good In the Merry Month of May

May 19th, 2010

I wonder how the coming months will be
So far May is indeed a Merry Month for me here in the Home Office. I hope everyone’s May is as abundant as mine, but from the statistics, it is clear that the economy is still in yo-yo mode for many people. The world is still having a rough time and many businesses are still struggling.

My personal record for May
Loans
Number of applications to the loan companies for a Personal Loan or a Cash Advance to get me through the month: 0

Sales
Article writing
Gambling articles: 4
Insurance articles: 12
Financial articles: 15

Translations
Assembly instruction page for gadget: 1 – (Hated every minute of it.)

Painting department: (no money involved)
Watercolors: 1 started and finished
Acrylics: 1 half complete

Income
When all the work is paid for it will get me through the month as long as there are no surprises. These could range from a car break-down to a washing machine explosion, both designed to wreck any household budget drastically and immediately. The client who ordered the translation probably won’t pay – I delivered the work in 2 days by email and I have received no response. This is one of the risks of taking work that comes from an unknown source –
• you are offered the work,
• you are excited at the prospect of a new client,
• you do the work in a rush to impress,
• you do a great job to impress even more,
• you send the work,
• you never receive a response,
• emails sent to the same address come back from the Daemon Mailer with a note that says ‘uh-uh, this email address doesn’t exist’.

Expenses
A home-based freelance writer has few expenses. All the usual household expenses apply and unless one prints work there is no need to buy ink or paper. I lashed out and bought a new 22 inch computer screen and I am enjoying it. I figured that if sitting in front of the computer is my life I may as well make it as comfortable as possible. On the painting side I made the mistake of using my favorite watercolor brush to work in acrylics and that ruined the brush. So I bought a new one and an extra one in a different size. Buying good brushes is no joke and I’m not sure that the income Tax Department has me down as an Old Master or a Sunday afternoon painter.

June
Let’s take a look at the prospects for June. On the financial article writing front I hope everything will remain stable and maybe even increase. The gambling article market is waning significantly and I will be happy to give it up. The insurance article market is tottering along as it always does but it’s dead boring. I am thinking about starting a new painting and that’s exciting.

Age
I added 1 month.

Tags: Cash Advance, Expenses, Income, Loan, Loan Companies, May, Personal Loan
Posted in Employment, Personal / Internet | No Comments »

Here we go again! There’s just no peace for the retired

May 1st, 2010

It’s back to Cash Advance Loans for me
I used to have a comfortable retirement life with a regular monthly income. It wasn’t like living with millions stashed away, but it was okay. We managed. No eating out 5 times a week at fancy restaurants, I drove a modest car, no servants, but we took it easy and neither of us worked. And that was fair. I was 72 and Lisa 69. One day a thunderbolt crashed down and wrecked our lives – the recession.

From worse to terrible
Things changed dramatically and very, very quickly. Halfway through the month we were out of money. I rushed over to my last employer and asked if there was free- lance work available. He was pleased to see me and 2 days later it was as though I had never retired. I stayed and worked, but without any social benefits. My pension continued to come in but it was linked to some index and it soon dropped to a trickle. I knew this was all a temporary arrangement and I didn’t mind working.

Cash Advance Loans
The economy improved, the recession waned and I opted for retirement again. I had also discovered Cash Advance Loans and wherever we were short, I never hesitated and I took a loan, not too much, just enough.

Manageable to okay
Things climbed back to where they had left off before the recession – modest comfort zone. We lounged at the pool. We ate our sandwiches and read our library books, took a slow walk home and maybe went to see a movie on the pensioners’ half price ticket.

Here come the Greeks
Now the turmoil in Greece, coming just when I have settled down in my soft armchair, looks as though it may have us retirees scurrying to the safety of fixed income or running back to our jobs, if they are still available.

Advice for the retired
At retirement, investors have typically been taught to become more risk averse by reducing their exposure to equities and other growth assets in favor of fixed-income securities such as bonds. Indeed, a well-worn rule of thumb is to allocate your age in bonds. In other words, at 70 years of age, an investor should hold 70% bonds, and 30% equities. “Retirees should keep a significant portion of their wealth allocated to risky assets, like stocks, in order to provide enough growth over the long run and avoid prematurely depleting their wealth,” Kurt E. Reiman, a strategist at UBS AG said in a note to clients.

Retirement pressure
Faced with growing pressures to meet their spending needs, wants and wishes, retirees are also dealing with increasing levels of uncertainty and complexity related to financial risks, such as market volatility and inflation. To combat these challenges more portfolio growth is needed. Reiman recommends a portfolio that includes stocks, commodities or real estate, highlighting two strategies that offer growth, but also provide a degree of safety for investors.

Tags: Cash Advance, Cash Advance Loans, Kurt E. Reiman, Recession, Retirement, Retirement Pressure
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