Posted by Peter James | Posted in Balanced Life, Current Events | Posted on 18-02-2009
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Article by Peter J. Normandia. Follow me on Twitter.
Every Wednesday is Personal Development in Business…
As a business owner, and an American, I’m a little torn about the whole Stimulus package about to be passed by our Government, and I’d like to hear your input. The concept of the Bailout is supposed to be to provide a cash infusion that will stimulate short term growth to get us out of the worst recession possibly ever.
For those that do not think this recession is anything new, I have this bit of news for you. In the late 70s, and even during the Great Depression, there was one major difference between those recessions and this one: our government had money. Read more... (670 words, 3 images, estimated 2:41 mins reading time)
Posted by Peter James | Posted in Balanced Life, Current Events | Posted on 17-10-2008
Article by Peter J. Normandia. Follow me on Twitter.
This economy sucks, plain and simple.
It’s probably the first time in my adult life I can actually say that. I was born in 1979, so I grew up with Reaganomics while watching Fraggle Rock. I was in High School during the first televised war in Iraq, and barely surviving the University of Maryland when Bill Clinton was explaining why Monica saved her dress without washing it. This was the same time the Mortgage Industry began their now notorious, greed filled run.
However, until last year, I had never experienced such a bad economy as an adult. To top it off, I opened a Mortgage Branch the year before specializing in A-paper loans, so I was smack dab in the middle of the windstorm. As the industry got what was coming to it, I learned incredibly valuable lessons I will carry with me for the rest of my life. Read more... (1598 words, 6 images, estimated 6:24 mins reading time)
Everyday I wake up the economy seems to look worse and worse. I have been right on top of the slide since I was in the mortgage business for the last few years. Each day, it was like, what other bad news could possibly come out? The government tries to make things look better than they are by cutting interest rates, but even that has had little effect. It’s just a down time.
The question is what can you do to survive in a down economy? You can’t keep spending like you were two years ago, not with gas prices near $3/gallon. So, how do you adjust? Well, here are three ways to start:
1. Make a List of Your Expenses Read more... (511 words, 1 image, estimated 2:03 mins reading time)
