Take Control of Your Finances and Avoid the Government Chaos!

Take Control of Your Finances and Avoid the Government Chaos!

Our government is out of ideas... and chaos is taking control. In 2006 they didn't see the crisis coming? Then in 2008 they couldn't understand it, so they threw money at the problem. Then from 2009-2011 more bailouts and wreckless spending still haven't worked.

Meanwhile, American households knew that the problem was too much debt. Still, they have the gall to ask for more money and to raise the debt ceiling. The FED chief (Ben Bernanke of The Federal Reserve) claims that the money we've spent was "invested" and we are receiving a return on our investment. Yet, after over $7 TRILLION in losses, housing prices continue to fall, unemployment continues to rise, and new graduates can't get a job. You would think "they" would get it by now, more debt is not the answer.

Take a look at our current debt: http://usdebtclock.org Do you see any return?

While our Government can not solve their debt problems, you can! You don't have to depend on the government and the financial institutions. By taking responsibility for your financial decisions, you can create your own system of finance. One that will free you from the dependency of the government. Take the time to educate yourself and take control of your finances today by Becoming Your Own Banker. 

Politicians are wasting your money and they want more! The reason that defaulting on our debt would cause problems is because we are in debt in the first place!!! Think about it... They are warning us that it would be harder for Americans to borrow money if we defaulted. Why? The FED and banks have BILLIONS of FIAT money sitting in vaults and interest rates are at the lowest points in history. What do you think the problem is now?

The very reason we are in this mess in the first place is because of DEBT, over leveraging and eased lending practices. This causes false hope and INFLATION. And, if you haven't felt it yet, it's coming. Government needs to be smaller and we need to abolish the FED. We need to take control of our finances and STOP being dependent on the government and the financial institutions.

Depending on where you went to school, you probably learned about economics from a Keynesian perspective. This is exactly what our government is doing now, trying to spend our way out of an economic problem. Contrary to this belief, free markets should be allowed to exist, and money creation out of thin air should not.

Austrian Economics is an entirely different approach that dissents from the mainstream on method, theory, and policy. It views economic actors as unique, conscious, and freely choosing individuals, not as undifferentiated data to be manipulated mathematically or politically.

Rooted in the tradition of Carl Menger and Ludwig von Mises, as well as Murray Rothbard and F.A. Hayek, the Austrian approach offers a rigorous and logical approach to economics that gives free markets their due and takes full account of the reality of human choice.

You can learn more about Austrian Economics and sit in on live classes via the web, absolutely free of charge from the Mises University. Just click this link: Austrian Economics Taught Here.

This should give you plenty to think about, and hopefully you will see the light at the end of the tunnel. Our country's current problems are rooted in debt and overspending. More government control of our financial decisions and more spending are not the answers. You do not have to depend on politicians to solve your financial problems. Just take a look at their records and you will understand why. Take action today!

Until next time,
Take Control of Your Finances!
Barry Page

Barry Page is recognized as a leading expert on life insurance and private banking. He is a Registered Financial Consultant and independent life insurance agent who helps clients with tax advantaged investment alternatives. He specializes in showing families how to protect their assets, income and lives utilizing a macro-financial approach to planning.

He has created a service that caters to families and business owners that are frustrated with the risks involved with the stock market, but still want competitive returns. His specialized knowledge and services help consumers find alternatives to traditional investing and the stock market that not only safely protect their savings, but also provide tax advantages.
His business is based in Ocean Springs, MS and he services clients throughout the Southeast. He can be reached here: http://legacyinsuranceagency.com/contact.html

7 Must Know Financial Tips for the Holidays

7 Must Know Financial Tips for the Holidays

How To Survive Holiday Shopping and Prosper in the New Year

Holiday shopping is in full swing and even started early this year, but it doesn’t have to be a financial disaster for you. Retailers have been marking down old products and ushering in new ones to convince you to spend your hard earned cash. And, while most Americans have slowed down their spending over the past year, the holidays will unfortunately rid many of them of their savings and cause them to plunge into the financial abyss.

Financing and credit cards only add to the problem. Have you noticed that the credit card offers, that had stopped a year ago, are now coming in droves? You can finance, transfer and live completely in debt! But, you don’t have to fall for these clever financing schemes. Take control of your finances and shop on your terms.

Even the television networks are pulling out all the stops to get you to spend your money without thought. Over the Thanksgiving holiday a morning show had a song and dance skit with the entire production staff dancing and singing. The theme song echoed “Do it - let’s go out and spend…” You have to be kidding me! Forget Christmas and the spirit of giving… let’s spend our way to happiness.

We should all take a step back and remember what really makes us happy, the love of family and friends. Let’s be grateful for what we have, and give our love. Spending our money on unneeded items and useless toys that accumulate dust will never fulfill our true desires.

Most people don’t think twice when acting on an offer and paying $100 month for a new plasma TV, but they break out in hives when asked to save $100 month. What’s wrong with this picture?

So, what can you do? I’ve put together 7 must know financial tips for the holidays. A how to guide for surviving holiday shopping.

1. Make a spending budget and stick to it.
2. Never buy anything that you didn’t plan on.

3. Use cash and debit cards, limiting your use of credit.

4. Shop online for sales and time your purchases.

5. Remind yourself of the burden of debt and focus on the benefits of saving.

6. Shop early and avoid last-minute shopping.

7. Spend your time, not your money, with family and friends.

Let’s take a look at what can happen:

You go to the local big box store to buy some toys for the kids. While you’re there you notice the plasma TV’s are finally coming down to an affordable price and start thinking that maybe this is your chance to get the kids off the living room TV. You can nab the new 50” High Definition TV with all the bells and whistles for about $100 month for 2 years. Or, maybe it’s a new laptop or cell phone with wireless, blah, blah, blah…. Whatever it is, the $100 month is just the beginning, because you’ll need the HD cable or the unlimited data plan to go with your new purchase. And, don’t forget the wasted hours getting it all to work and spent watching useless shows and searching the social networks.

A better picture:

You make a list and check it twice, shopping online to find the best deals. You only pickup the must have toys while shopping and decide to teach the kids some fiscal responsibility and financial stewardship. You take them to see the Grandparents and have them make something special for them. You take a family picture or create an album of the kids growing up. This is so much easier now than when you were growing up because of the digital camera you bought last year. Result, they learn the true meaning of Christmas by giving, and they feel good knowing they took part in something special.

You then take the $100 month that would have been spent on the television and save that money. You treat this money with the same respect that you would the payment on the new techno gadget, forming a habit of saving. You feel good that you have been responsible with your money and you have taught the kids stewardship. After the same 2 years you haven’t really missed anything, all the games and shows have been available via your current setup or online. Gadget prices continue to fall, and you can get an even better deal when it’s on your schedule.

Follow these financial tips and you can prosper in the New Year. Instead of having debt, you can have savings. You’ll feel better about yourself and you’ll set an example for your family.

Have a great holiday shopping season and prosper in the New Year!