New Internet Venture - Make Extra Money
- a couch reupholstered
- fitness classes for my students
- large dents on my car repaired
- driveway resurfacing
- carpet replacement at my cottage
- plumbing repairs
"Housing market activity will begin to strengthen as the Canadian economy rebounds in 2010 and the level of housing starts over the forecast period will be more in line with demographic fundamentals."
If you are really interested in succeeding, you must have a specific goal. Goals are funny things, because they often actually cause failure. For example, many people have the goal "I want to be rich", or the even more creative - my own personal favourite because of the words ("I want to attain financial freedom."). Although we should all be aspiring to the latter, the words are lofty in nature and broad in scope.
SOME HARD LEARNED LESSONS!
This for sure is a time to reflect on the changes in the market over the last year. We have gone from boom time to a serious recession. To be sure, this year has been an interesting and challenging one for investors, with all the wild fluctuations in the market and the global economic crisis threatening to strangle virtually every economy on the globe.
Here are some real estate suggestions:
Take heart, things will get better. In the meantime, make sure you clean house and review your holdings. Slight adjustments now will guarantee your financial future will be that much brighter!
"Unsuccessful people find their strengths and spend their lives making their strengths stronger, often ignoring their weaknesses, until one day their weaknesses cannot be ignored anymore. Successful pepole find their weaknesses and make them into their strengths." (p. 274)
Another war and another credit crunch brings us to 2008. Here we are, with a brooding economy south of the border (should we have known when our dollar crept up for the first time in three decades?). As the real estate bubble continued to gain momentum, and more and more people were encouraged by the social morals of this day and age (purchase on credit and worry later - laden with debt) affected the judgement of the mortgage industry, and we continued to buy, buy, buy, and spend, spend, spend, we should have known it would end. And now, it has.
A few rules I've learned about creating wealth:
Rule # 1: Decide what you need the money for and designate it as your goal. (If you're working for something you want, you'll be more dedicated to it.)
Rule # 2: It's never too late to start.
Here is an excerpt from Napoleon Hill's book Think and Grow Rich regarding the FORMULA FOR SUCCESS:
"The application of this principle may be made through a simple arrangement of positive thought impulses stated in writing, memorized, and repeated, until they become a part of the working equipment of the subconscious faculty of your mind." Commit to this formula and you are bound to have success:
FIRST: I know that I have the ability to achieve the object of my definite purpose in life; therefore I demand of myself persistent, continuous action toward its attainment, and I here and now promise to render such action.
SECOND: I realize the dominating thoughts of my mind will eventually reproduce themselves in outward, physical action, and gradually transform themselves into physical reality; therefor, I will concentrate my thoughts for 30 minutes daily, upon the task of thinking of the person I intend to become, thereby creating in my mind a clear mental picture.
THIRD: I know through the principle of autosuggestion, any desire that I persistently hold in my mind will eventually seek expression through some practical means of attaining the object back of it; therefore, I will devote ten minutes daily to demanding of myself the develpment of self-confidence.
FOURTH: I have clearly written down a description of my DEFINITE CHEIF AIM in life, and I will never stop trying, until I shall have developed sufficient self-confidence for its attainment.
FIFTH: I fully realize that no wealth or position can long endure, unless built upon truth and justice; therefore I will engage in no transaction which does not benefit all whom it affects. I will succeed by attracting to myself the forces I wish to use, and the co-operation of other people. I will induce others to serve me, because of my willingness to serve others. I will eliminate hatred, envy, jealousy, selfishness, and cynicism, by developing love for all humanity, because I know that a negative attitude toward others can never bring me sucess. I will cause others to believe in me, bcause I will believe in them, and in myself.
I WILL SIGN MY NAME TO THIS FORMULA, COMMIT IT TO MEMORY, AND REPEAT IT ALOUD ONCE A DAY, WITH FULL FAITH THAT IT WILL GRADUALLY INFLUENCE MY THOUGHTS AND ACTIONS SO THAT I WILL BECOME A SELF-RELIANT AND SUCCESSFUL PERSON.
Thanks to Joan Hing-King from www.helpingeachother.ca or www.justaskjoan.ca for this synopsis.
If you get a chance to read this little book written after World War I, you'll be happy you did.
Make sure you work daily to beat the effects of the recession; you'll come out wiser (and richer) on the other end!