10 Steps To Improve Your Financial Situation

Written by Gregory Thomas

Continued from page 1

7. Changing Jobs? Roll-Over that 401(k)

When people change jobs/careers they will be faced with a decision to either "rollover" their 401k (retirement plan) or to withdraw it. It will be ever so tempting to withdrawrepparttar money since it will be a substantial amount, but don't! You will be charged fines and penalties for an early withdrawal that will cut YOUR total by 40%-60%! That's like giving half of your earned retirement savings away to a stranger. Why would you do that? Even though you may wantrepparttar 149381 money now, resistrepparttar 149382 temptation and roll it over. It will be well worth it inrepparttar 149383 long run.

8. Avoid Getting Too Many Credit Cards

Why have eight credit cards? That's just going to provide you with more opportunities to go further into debt. It's fine to keep 1-3 cards to build credit, establish yourself, and for emergencies, but credit cards are double-edged swords. They can help or hurt you depending on your self-control.

9. Check Your Credit Score/Report

It's important to know where you currently stand as a consumer and since your credit report isrepparttar 149384 most important historical list of your financial past and present, it's a very good idea to check it from time to time. There are a number of places where you can get your credit report, howeverrepparttar 149385 most detailed compares information fromrepparttar 149386 top three national credit bureaus: Experian, Equifax, and TransUnion. Once you get your report, look through it carefully to see if allrepparttar 149387 information is accurate. If there are any discrepancies, get those solved as quickly as possible to improve your credit rating - a score of up to 800. Often times, consumers are unaware of unsettled accounts, or accounts that are still open/active when they should be closed. Pay close attention to this when inspecting your report.

**Get credit report tips, hints, and instant access by clicking here:


10. Finally: Review - Revise - Retry

Once you start implementing these tips and become more familiar withrepparttar 149388 money saving opportunities you have, takerepparttar 149389 time to REVIEW your progress. Check and see where it may be possible to REVISE some of your techniques or where you can implement new ones. Once you have revised your plan, RETRY to see if your results improve. The more frequent you review, revise, and retry your saving ideas,repparttar 149390 more "in tune" you'll be with your finances and spending habits, and learn what works and what doesn't for you.

Follow these 10 steps to improve your financial situation and lower your overall debt. These steps are straightforward, and ready to be implemented into your daily lifestyle.

Why do you need an IBC?

Written by Peter Flowers

Continued from page 1
  • Lease equipment and Real Estate - Equipment and real estate can be held in an IBC name and then leased out to onshore companies with income directed offshore to any tax-free jurisdiction of your choice.
  • Borrowing and lending - Take out a loan from your offshore company and issue it to your onshore company.
  • Invest in international markets, commodities, options and bonds. - Make stock trades through your IBC brokerage account allowing you to trade in a tax-free jurisdiction and increase your profits dramatically.
  • Operate shipping companies and owning boats/ships - By registering your boat or shipping company offshore, your tax and liability will be held to a minimum in your chosen IBC jurisdiction.
  • Hold intellectual property - Protect your ideals. Hold your Intellectual property in an IBC for a reduction in reporting and regulatory compliance.
  • Sell your products or services internationally - Start selling your products internationally in a jurisdiction that allows you maximum tax saving with little to no government interference.
  • Consulting services - Establishing your consulting service offshore will increase your corporate exposure while keeping tax and operating expenses to a minimum.
  • Draw up contracts under IBC - If you are entering into a contract with a company but want to limit your liability, have your nominee director of your IBC sign on your behalf.

  • Peter Flowers is the owner of Liberty Enterprises Inc., a resource for offshore banking services. For more information about offshore banking, please visit the website http://www.confidentialbanking.com/

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