Browse Wealth - Creating Wealth and Building Wealth

We all suffer from “paralysis of analysis” at one time or another, where we are reluctant to go forward with something until we know all there is to know about it. The problem is, with most things that are worth pursuing, we’ll never know all there is to know about it. And the best way to learn what we need to know is to get started doing it. Tax Lien Investing is no different. Many would be investors never get started. Oh, they buy all the programs and ask a lot of questions, but they never feel they know enough about it to start. They get paralyzed by the fear of the unknown.

Profitability is an important factor when you’re considering where to put your money today. Nobody wants to put their money into an investment that can lose value, but in order to make high interest rates you have to take risks, right? That may be what you have been told, and you were probably also informed that if you want safe returns you’ll have to settle for less interest. Your local government, however, manages to get high returns on their money, without putting it at risk. How do they do it?

You have created your exercise goals and you have a plan for exercising, here are the tried and tested ways of staying engaged with your exercise plan. You have heard these before: • exercise with a friend • find a coach • work with a personal trainer • join a team sport • do something you really enjoy • make a date with yourself so it is always in your diaryr You already know that if you implement one or all of these your chances of sticking with your plan will improve.

A well developed business plan will greatly improve your chances of success. When writing your business plan, touch on all aspects of your business. This will include type of business, marketing, advertising, budget, and sales projections. Include anything you can think of that will have a ...

I have a confession to make…and perhaps it’s something you can relate to and has happened to you in the past. Although I generally consider myself an extremely positive and optimistic person, over the past few weeks I’ve found myself in somewhat of a slump… There have been a few events in my life recently that have taken me off kilter and have greatly impacted my overall mood and attitude.

With the election finally behind us and Hillary Clinton sent packing with an absolute pounding on November 8, what will we likely expect to see in the way of economic policies and tax policy decisions from the incoming Trump Administration? On the economic policy side, I would expect an immediate decision will be a multi-pronged attack at stopping the growth of government with hiring freezes in almost all departments except military, Homeland Security, and our Intelligence departments.

I haven’t been to any tax sales in a while, but I did go one tax sale in New Jersey last month and two this week. Besides experiencing these tax sales, I also had the opportunity to talk to other investors that I know and find out what’s been going on in New Jersey and I’d like to share that information with you. New Jersey tax lien investing has changed in the past couple of years.

A retirement plan is one of the best investments a person can make in a lifetime. Eventually, we will be too old to work. And when that happens, we need money to continue living. This is where the retirement plan comes into play. After being independent for most of your life, you wouldn’t want to depend on your children when you’re old. It is better that you have your own money to spend.

Value is created when you successfully find a way to provide customers with services and solutions that solve their problems. We will be successful in business to the degree to which we render service that exceeds customer’s expectations. Value therefore is the ability to understand what’s going on in the minds of our customers.

Have you ever wondered why your parents did some of the things that they did. I did lots of times. My dad had so many regimented activities that I thought he had a screw lose or something. I’m only going to talk about two here because there are too many to put into one essay. I really spent time ...

We all know what it’s like to feel bad about doing something thoughtlessly. We wake when it’s too late, after the damage is done. And then there are the things we do over and over again, hating ourselves for it every time. Seemingly unable to stop. But what about the joyfulness of doing something worthwhile, something that makes us feel great every time we think about it. Those times happen too, maybe more than we think they do.r

Talking about financial success, does the so-called “snowflake generation” think of this? This generation is said to be more vulnerable in considering and understanding other people’s views because they are more conce ed with their image and social status. Financial success is an important thing that millennials should prioritize as early as possible. Above all, the road to financial independence should be given the utmost emphasis despite the emotional vulnerability of this young generation.

Everyone dreams of going on a vacation. But the expenses are too steep. You have to think about transportation, food, lodging and other incidental expenses. In some cases, you may even need to splurge on some necessary wardrobe. If you don’t have enough money but you go on a vacation anyway, you will only be stressed. Every penny spent would feel like every part of you pinched out of your system. So it’s better to save money months before your dream vacation so all you have to do when time comes is to reserve once relaxing activity after another.

Groceries rack up a big part of your salary. In a lot of cases, food is the third highest expense in every household, following mortgage and utilities. According to the United States Department of Agriculture, a family of four spends an average of $930 in food alone. Then you have to add other monthly needs you have to buy in the groceries—toiletries, laundry items and other household items—then your grocery bill will go up to over $1,000. But there are practical ways to lower down your monthly grocery expenditures. Here are some of them: Make a list

You know the importance of staying fit and healthy, but who has time when you're at the helm of a growing company? Mulcahy, a serial entrepreneur, who has managed to stay active even while founding numerous start-ups over the past 20 years, doesn't buy that excuse. What's more, fitness has been a "mandatory" part of staying focused and sane, he says. Indeed, he is proof positive that healthy living and business success can-and should-go hand in hand.

Over the past couple months, I’ve written a series of essays that have deeply challenged your beliefs and attitudes around the subject of money. The purpose of having done so is to show you the truth of what it really takes to become financially successful and to show you – no, prove to you that everything you’ve been told about money is likely to be a lie. Failing to recognize these truths could cost you the one thing that everyone wants to achieve yet few actually ever make a reality – financial freedom.

No business could survive on word of mouth alone. There has to be marketing involved. Marketing comes in so many ways—actual ads on newspapers, billboards, radio and television plays, which are very expensive; leaflets given away on the street; and through online ads. We live in a different world now. People are predominantly mobile so it is important that business owners capitalize on online marketing especially since in most cases, this is free.

I frequently get e-mails asking me which states have the highest return for tax liens. Here are the three states that have the highest interest rates on tax lien certificates. They're probably not the states that you have heard about because except for just one county, these states do not have tax sales online: Texasr

As our economy moves forward and a new property cycle begins, fortunes will be made by some group of investors. But if history repeats itself, many property investors won’t get the financial independence they deserve, so I want to share my time tested golden rules of property investing so you have a roadmap to help you through the next property wave. 1.

The old adage ‘Buy Low and Sell High’ has never been truer. Real estate prices around the country haven fallen to 2002 levels and below, and with interest rates at historic lows, there’s never been a better time to invest in real estate. Tomorrow’s fortunes will be made today. For many long ...

Most often, being your own worst enemy is a far more subtle thing. You're in line for a promotion you've worked toward for years, and suddenly find you can't get to work on time. Or you start losing your temper in meetings with higher-ups where cool is the rule. Or you somehow misplace the data for a client presentation that could make or break your team. Or maybe you haven't made any obvious blunders, but you haven't been doing your best work for quite a while now, and you don't know why.

My dad and mom owned a bar so at a very early age it became very easy for me to be around people who drank all the time. From the time I was a kid I thought that the whole world drank and got drunk. My dad was a binge drinker and he would go off on a bender every six months or so. He would be ...

The less you complain about those things you can hardly change, the more focused you can be in doing things the right way. Yes, we sometimes live in difficult times; but turning those “excuses” into opportunities can make your business more profitable. Successful entrepreneurs agree that excuses hurt your business, not the taxes and politicians.

To be a successful entrepreneur, you must be willing to delegate. You must understand delegation isn't just about dropping the work you don't want to do onto others; it's about identifying which tasks are best managed on your own and which are best assigned to others. It's about managing the work others perform on your behalf. It's about ensuring that the people who work with and for you are in the best positions to get the job done efficiently and effectively.

You don't have to be smart in order to have money. You don't have to be lucky either. The way to have money is actually very simple. The problem is that most people refuse to do what is required. It is not that they are unable; it's that they are unwilling. This is the whole issue: Are you willing to do the simple things that are required? You don't have to be smart; you only have to do a few simple things. Does having money matter enough to you? I won't bother telling you how much easier life is with extra money. You must know that by now.

Having worked with hundreds and hundreds of property investors over the years, I discovered a number of “secrets” that make some people rich while others continue to struggle. When you understand and do what successful investors do, you get to become one of them. If you don't understand and do what they do, you don't get to become one. It's really that simple. Here are 5 simple reasons most people will never get rich and how to make sure you do: Reason #1 - Waiting to start: Most people don't want to wait for success.

There are 4 things that you need to know about the state/county that you are investing in before you purchase a tax lien. Those 4 things are: 1. The default interest rate 2. The bidding procedure 3. The length of the redemption period 4. The expiration or life of the lie Default Interest Rate

PT, for those of you who are not familiar with the initials, stands for many things. Some of the more popular are Perpetual Traveler or Permanent Tourist. Others are Prior Taxpayer, Privacy Thinker, or Prepared Thoroughly. But what is PT all about? In a nutshell, a PT arranges his or her ...

Success is the good fortune that comes from aspiration, desperation, perspiration, and inspiration. —Evan Esar

Doing your due diligence is the most important element of investing in tax deeds. Doing it properly can lead to lots of profit, while ignoring this aspect of tax deed investing could cost you your investment. Here are 5 tips to help you do your due diligence on tax deed properties to insure that you make a profitable investment!

I have been conducting very successful 1-2-1 hypnosis and NLP sessions for many years. Last year I ventured more into the digital side of life and by chance a client of mine wanted a session but could not get to my practice. I had a Eureka moment and they become my first ‘less stress via skype’ client! The session went extremely well with the client feeling relieved and refreshed afterwards - even more so than when we had worked together previously face to face. Hypnosis via Skype works because: Client is in their own safe space. rn(Secluded and uninterrupted)

What most of us have been taught about risk is wrong, and it’s probably holding you back from obtaining real wealth. Conventionally we’re taught that there’s a continuum of risk starting with low risk investments at one end of the spectrum to highly speculative, risky investments at the other. We’ve been led to believe that any investment can be placed somewhere along this continuum and in general, the higher the risk, the greater the potential rewards.

Ever thought about what yields the greatest return on investment? The title of this article is a good starting point for you to understand the greatest return on investment. As a member of a millionaire mentorship program, I work with investors who work with commercial and residential real ...

One of the biggest conce s for new tax lien investors is how can they purchase tax liens without going to the tax lien auction. Many people don’t have the time freedom to attend the tax sale and not every state conducts tax lien sales. What if you live in a state that does not sell tax liens, or if you don’t live in the United States, how can you invest in tax liens?

I just love it when I get checks in the mail from tax collectors for redemptions of my tax liens. But what do you do when your liens don’t redeem and the redemption period is over? This is somewhat state specific because some states don’t give you much time to foreclose once the redemption period is over. You may only have 6 months after the redemption period before the lien expires, in those states you will have to start the foreclosure or deed application process right away and hope for the best.

Debt! If ever there was a powerful enemy, it has to be debt. The psychological impact that debt has on people is absolutely amazing. Some statistics show that more than fifty percent of all divorces began with financial problems in the marriage. Today more than any other time in history it ...

You might be wondering as so many: Where will it all end? Where are we headed? Of late, the news has filled our family TV screens and car radios about Greece’s dire need for a loan. Surely, you recall our own residential real estate and associated banking crisis that began to surface in 2007 with markets and institutions tumbling in 2008 because of over-extended and unsound real estate loans escalating into record foreclosures and adversely affecting the banks who provided these mortgages?

Alright so I can't cover everything there is to know about purchasing tax liens in this article but I can give you what you need to know to get started. First let’s start with understanding just what a tax lien is. When property taxes are delinquent, the government can either sell your property right out from under you - that's a tax deed, or they can sell the delinquent taxes to an investor, giving you extra time to pay them, and giving the investor the interest and penalties that you would normally pay to the taxing district.

Much of the reason why so many people today live lives that are meager, unfulfilled, and empty has to do with this concept of stewardship. Stewardship is a term that isn’t heard much these days. While the use of the word seems a little outdated, the concept can be considered timeless. Stewardship can be closely related to responsibility, a concept that never goes out of style. A life based on stewardship, and more specifically taking responsibility, is one of the core principles of living the RichLife.

Ever wonder why some people seem to manufacture money out of thin air while others can't rub two nickels together? As common as it may seem there is a reason for this. Okay no more suspense. Most people fail to become wealthy because they don't acquire the knowledge and skills required to ...

As of the time that I'm writing this article there are only 8 states that have that have online tax lien sales. But some of these states may only have one or two counties or municipalities with online tax sale. For that, and for other reasons that I'll let you know about later, these tax sales may not be worth your time. So here are what I consider to the be the top 5 states for investing in tax liens online: Florida

I get a lot of questions about over the counter tax liens. Would be tax lien investors want to know how to find out which counties have over the counter liens. Some of you have been told that tax lien sales are so competitive that you are better off buying left-over liens from the county. This way you can get tax lien certificates at the maximum interest rate, and the liens that you purchase are beyond the redemption period, you will be able to foreclose right away.

Ever wish you could peer into the mind of a millionaire? Imagine how lucrative life would be if you mastered their secrets, adopted their habits, and lived by the cardinal rules that enabled them to make their millions. Below are some of the best secrets and strategies of self-made millionaires, as collected by Brian Koslow, a best-selling author, international entrepreneur, and acclaimed wealth coach. Remember- not all millionaires are geniuses, inventors, scholars, or trust fund babies. Many are ordinary people like you and me who have mastered the secrets of success.

Of all the real estate investors out there, only a small percentage ever achieve the financial independence they desire. It’s not because they lack the drive or ambition or knowledge to become rich. The reason most investors fail is because of their mindset – the way they think about money and their relationship with it. I have come to realise that there are only 5 basic types (or levels) of investors. While some make it to the top, and others drift from one level to the other, unfortunately most sit at one level for their entire life.

Only a small fraction of the entire American population religiously create a financial budget. Many just prefer to wing it. If there are bills to pay, then they are paid as they come. If there is money coming in, then use it however way you can. But because you don’t budget, you don’t actually notice how much money you’ve wasted.

Do you know how profitable your tax lien investing portfolio is? In this article you’ll learn how to track your tax lien portfolio so that you know just how profitable you are at any time. Begin by entering all of your tax liens into a spreadsheet or software program. The best way to index them is by county/municipality, and tax ID (in New Jersey this would be block and lot). You’ll need a column or field for the certificate amount and a column or field to input the interest rate that you are getting on the certificate amount.

The Millennial Generation would enjoy a road of financial success greater than that of their parents, but they worry about the financial opportunities and their financial future with life expectancy in their generation estimated to top 100 years and more.

I know this is probably one of your biggest challenges as a newbie tax lien investor – how to avoid all the competition at the tax sale. When you hear about how fierce the competition is at the tax sale, you’re likely to give up and throw in the towel on tax lien investing before you even get started.

If only saving was as easy as spending, many people would be financially independent and stable. As it is, one act is easy—spending, while the other is very difficult: saving. According to the latest survey from GoBankingRates.com, 69% of Americans have less than $1,000 set aside as savings. Even people with as much as $150,000 annual salary don’t have enough savings in the bank. The website asked 7,000 Americans to determine the fiscal stability among the people in America.

Jujutsu School in Washington, D.C., teaching a combat system focuses on self-defense, discipline, and personal development. Programs include adult and kids' jujutsu, women’s self-defense, private lessons, and workshops, helping students build confidence, awareness, and practical skills under skilled instructors.