You are here: Home / Archives for Economy

Timeshares Economy

July 18, 2011 By Leave a Comment

Timeshare sellers and the owners always find themselves in a bed of sorrow rapidly. Mighty signs of wealth have become burdensome money pits. Now, it’s not like past when timeshares have been a double digit growth model-only, the industry is bleeding millions. Marriott, which dropped its timeshare expenditures in 2009, and Starwood Hotels, which has closed three sales centers by the end of 2008 and cut spending in 2009, are just some examples of the way the economy has been hit.

 

The economy is not a friendly one for owners of timeshares, either. A quick search on eBay will give you an idea of how many timeshares are out there and the going rate for each. A typical timeshare is selling for much lower than the ,000 to 0,000 the timeshare sales people will sell them to you. A few things to keep in mind with this economy:

 

It’s time to reassess priorities.

Americans worked more, spent more, and have little to show for it. Vacation homes like timeshares are a sign of an economy that was doomed to explode. Timeshares in the end offered little value and sucked in a lot of money. Spending money on the same vacation every year will not allow you to grow or experience the world.

 

The good news is that this economy has given everyone a chance to reexamine their life and start anew. There is no better way to begin this process than by jettisoning things and expenses that just drag you down financially. The timeshare will not increase in value. In this economy, make the timeshare collapse.

 

Tracie Newcastle is a freelance writer based in Los Angeles. She is also a timeshare consultant for the timeshare industry helping timeshare consumers understand the nature of the industry as well as their timeshare relief options. Whether you are trying to buy, sell, rent, donate, or straight up get rid of your timeshare, Tracie Newcastle is here to help. If your timeshare is costing you a fortune and you need a way out, please visit her website at http://www.timesharereliefinfo.com for a guaranteed solution.

The United States is facing a deficit of .3 trillion and is ten times that in debt. In fact, it looks like that debt will exceed the size of the US economy this year for the first time since World War 2. Will the government ever get it under control? Heather Cirmo of 440 Group PR says that as the debt ceiling is raised indefinitely, the foundation of the economy is starting to crack. The economy can only sustain so much, she says, before the ceiling will start to crumble. Cirmo weighs in with Economics Professor Caroline Heldman as they try to find a solution for the nation’s economic woes. Follow Lauren on Twitter at twitter.com
Video Rating: 4 / 5

Find More Economy Articles

Filed Under: Economy Tagged With: ,

Downfall Of The Economy – How Will I Be Affected?

July 18, 2011 By Leave a Comment

Article by Jason Allen Miller

Questions and AnswersQ- How bad will this economy get?

A- This downfall of the economy has really just started; in the near future you will see more local and national businesses shutting their doors, contributing the cause to many factors. Some factors may include: (1) gas prices – which hurt many services business cutting their normal profits in half or more while forcing them to pass on some of the fuel increases to the consumers (2) unemployment – which causes people to save instead of spend, hurting more businesses and leads to more people without jobs and tons of bills to pay.

Do not be fooled by the government bailouts, they are doing the same thing most people do right before they claim bankruptcy – using credit card debt to pay off your bill debt. I do not know about you, but when a government is taking on billions of dollars in debt to bail out the economy, we all need to be greatly concerned. This means the average person probably will not be clicking their ruby slippers together while repeatedly asking to be sent home; because in reality their not sleeping, but wide awake and living a nightmare.

Q- If I loose my job, how will I pay my bills while I am trying to get hired somewhere else?

A- When someone is asking me this question, I really know that they are in a bad predicament. This situation happens to be the single biggest reason why people have had financial problems and had to rely on bankruptcy (leaving hundreds of thousands of families without their homes, cars and basic amenities).

So to answer your question, yes you will loose everything if you can not figure out how to replace your income in a timely fashion. No matter how far up on the feeding chain you are; if you have no income – eventually you will not be able to pay your bills. It is very unlikely that you will find another job that will pay you in the same respect; other companies are much like the one you where fired from, and are trying to downsize their business as well.

However, for those who have a secondary income or a full-time income that is not linked directly to our local economy or a job that they will not lose; those people will fair just fine. You should take a look and find yourself a secondary income or home-based business that you can build before it is your turn to get downsized. At this moment working a few extra hours every week to build a second income is not an option; it is a financial decision that could cost you everything. I suggest that you begin as soon as you are finished reading this article. To start, go out and find as much education on how to make yourself an extra income before time runs out.

We are living in desperate times, and those who have had their head in the sand trying to ignore what is going on will be the ones who are without food, shelter, transportation, proper education, income, health care, etc. It is best to get going now before it is too late.

Summary:

Answers to some of the most feared questions relating to the downfall of the economy and how it will affect you. Also discover who will be able to pull out of this bad situation mostly untouched.

Key Words:

Bad economy, economy, economy downfall, unemployment, loosing your jobs, bankruptcy, income replacement, cannot pay bills, debt, job replacement, business closes down, company downsize, secondary income, home-based business, loosing everything, government, government bailouts, high gas prices, high prices hurt consumers, saving money, economy questions and answers, scared of bad economy, loose your home, housing crisis.

By Jason Allen Millerhttp://www.jallenmiller.com/find

Jason Allen Miller is an entrepreneur, inventor, business owner, investor, speaker, educator and author.

Related Economy Articles

Filed Under: Economy Tagged With: , ,

Investing in a Slow Economy

July 18, 2011 By Leave a Comment

Investing in a Slow Economy

Economy’s rise and fall. Countries have times of prosperity and times of financial disorder. The economy in America is no different from any other country on the planet. There are times when the US is a financial leader and from time to time, we also fall victim to a bad economy. Does this mean it becomes more difficult to be prosperous in the land of opportunity? Absolutely not! In fact, it is in times of trouble when citizens can begin to invest in companies and properties while the prices are low. Over time these companies and properties will increase in value and show a great return on the investments made during a slow economy.

One option to invest in, especially in a slow economy, is in debt consolidation firms. In a country that has more debt than any other, and where the credit card debt in the United States had risen to a record 0 billion in 2008, people will eventually be paying off those debts when the economy gets better. Right now, we have more pressing matters such as groceries and gas to pay for now. Expect a good return on investing (ROI) in debt consolidation and in banks when the economy gets better.

The Stock Market is an investing market almost everyone is familiar with. A little less known market to invest in is the money market, or the Foreign Exchange Market. In a slow economy, the currency becomes less and less valuable. How can you benefit from a worthless dollar? Buying it might seem like the opposite direction you’d want to be heading. But just like what was stated above, economies fall only to rise again. You just need to remember business basics, buy something cheap and sell it for more than you bought it. Currencies will fall and they will rise. You should always buy at the end of a depression just before the currency becomes more valuable. Then as the worth increases, sell and receive a much higher profit.

A great optimistic view of bad economies is to remember that it just means everything is cheaper. Buy it all up before it becomes more expensive and you can’t buy it. Even if you aren’t going to resell, you at least bought it at a steal. There is no reason why you can’t make money from investing in a bad economy. If more people invested in a bad economy, it would actually help pull it out to rise again. Just keep this key in mind, buy cheap and sell high.

Written by Sanjeev

America’s credit rating is at risk, the unemployment is up and the residential real estate market has double dipped. Is it time to change the way the world economy works? “We are heading for a huge disaster,” says Euro Pacific Capital President Peter Schiff. As the US dips from a recession to a depression, Schiff says, America needs to stop borrowing money if they want to prevent driving off the proverbial cliff. Follow Lauren on Twitter at twitter.com
Video Rating: 4 / 5

Filed Under: Economy Tagged With: , ,