KMP Blog » Money Mondays

Track Your Money (Tax Refund)

KMP Blog — Mon, 08 Mar 2010 11:59:07 +0000

Did you do your taxes yet?! If no, what are you waiting for?!

For those of us that did our taxes:

Wouldn’t you like to know if the IRS has received your paperwork?

For Federal

For State
(NYS)

Didn’t do your taxes yet?!

If you earn less than $58,000, you might be eligible for free tax preparation.
Click here to learn more.

*Money Mondays*

Mind Right, Money Right: 10 Law of Financial Freedom – Review & Giveaway

KMP Blog — Tue, 16 Feb 2010 07:19:00 +0000

Mind Right Money Right: 10 Laws of Financial Freedom

By: Ash Cash

I was given the great opportunity to review this book (Mind Right, Money Right: 10 Laws of Financial Freedom), and what a great read it was. From beginning to end, I was amazed at how much I learned from this book; from the great financial advice to the success stories of some of the wealthiest people on earth, I was intrigued and inspired to be all that I can be.

Here a few things I got out of this book and I hope you get a copy for yourself and feel the same way as I.

The 10 Laws listed are very important, and the book describes each law very detailed, I was hooked on every law. They are all so true and even if we think we “know this” already, I recommend getting the book and going over it again.

The 10 Laws:

I. Always Be Confident

II. Keep a Positive Mental Attitude

III. Pay Yourself before Your Bills

IV. Budget Your Expenses

V. Plan for the Future

VI. Own Property

VII. Make Your Money Work for You

VIII. Invest Your Money Wisely

IX. Never Stop Learning

X. Always Be Hungry

The laws teach you how to be a better you overall, financially, mentally, physically, and emotionally. The book is filled with positive motivation and that “push” that most of us need to make that change in our lives, especially when it comes to getting things done. If you’ve read: The 48 Laws Power, Richest Man in Babylon, The Automatic Millionaire, The Greatest Salesman in the World or any of OG Mandino’s books, you’ll find Mind Right, Money Right to be a brilliant book filled with the knowledge of these other great books. It’s what I would call “The Only Financial Book You’ll Ever Need.” This book is filled with many pros, an easy read, a reference book and I highly recommend it.

The book has a few minor cons that I must mention in order to be totally honest with you (my readers), these cons do not take away any of the pros I’ve mentioned above and I still recommend that you pick up a copy.

One of the cons that I found was a few grammatical and spelling errors, that can be easily corrected.

Other than that, Mind Right, Money Right: 10 Laws of Financial Freedom is a must read book this year, so go ahead and add this to your New Year’s Resolution… As a matter of fact, Ash Cash & KMP Blog is giving away ONE (1) lucky reader a FREE copy of the book. Just leave a comment below and a winner will be randomly selected.

The winner will be selected Friday, February 26, 2010.

WINNER is…

Thank you all for participating in the contest!

Check out ASH CASH’s interview on KMP Interviews.

Fables and Fortune Hunters

KMP Blog — Mon, 14 Dec 2009 11:38:00 +0000

An American businessman took a vacation to a small coastal Mexican village on doctor’s orders. Unable to sleep after an urgent phone call from the office the first morning, he walked out to the pier to clear his head.
A small boat with just one fisherman had docked, and inside the boat were several large yellowfin tuna.

The American complimented the Mexican on the quality of his fish.
“How long did it take you to catch them?” the American asked.
“Only a little while,” the Mexican replied in surprisingly good English.
“Why don’t you stay out longer and catch more fish?” the American then asked.
“I have enough to support my family and give a few to friends,” the Mexican said as he unloaded them into a basket.
“But… What do you do with the rest of your time?”
The Mexican looked up and smiled. “I sleep late, fish a little, play with my children, take a siesta with my wife, Julia, and stroll into the village each evening, where I sip wine and play guitar with my amigos. I have a full and busy life, senor.

“The American laughed and stood tall. “Sir, I’m a Harvard M.B.A. and can help you. You should spend more time fishing, and with the proceeds, buy a bigger boat. In no time, you could buy several boats with the increased haul. Eventually, you would have a fleet of fishing boats.” He continued, “Instead of selling your catch to a middleman, you would sell directly to the consumers, eventually opening your own cannery. You would control the product, processing, and distribution. You would need to leave this small coastal fishing village, of course, and move to Mexico City, then to Los Angeles, and eventually New York City, where you could run your expanding enterprise with proper management.
“The Mexican fisherman asked, “But, senor, how long will all this take?”
To which the American replied, “15-20 years. 25 tops.”
“But what then, senor?”
The American laughed and said, “That’s the best part. When the time is right, you would announce an IPO and sell your company stock to the public and become very rich. You would make millions.”
“Millions, senor? Then what?”
“Then you would retire and move to a small coastal fishing village, where you would sleep late, fish a little, play with your kids, take a siesta with your wife, and stroll to the village in the evenings where you could sip wine and play your guitar with your amigos …”

(Story found in The 4 Hour Workweek)

*Money Mondays*

4-Hour Work Week

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Week in Review – 11/29/09

KMP Blog — Sun, 29 Nov 2009 17:35:00 +0000

Week in Review, What you have missed so far…
(11/22/09 – 11/29/09)

Sunday (11/22/09)
DVD Tuesday for 11/24/09

Monday (11/23/09)
Money Mondays – Black Friday Shopping Poll
Apparently most people didn’t go shopping for Black Friday…
64.29% said No Shopping
21.43% said Yes
14.29% were Undecided

Tuesday (11/24/09)
Tips Tuesdays – Black Friday Tips (2009)

Wednesday (11/25/09)
The Day B4 Thanksgiving

Thursday (11/26/09)
Give Thanks – Happy Thanksgiving Day
Google Wave Invites – WINNERS

If anyone needs a Google Wave Invite, check out Blazing Minds, Karen is giving away some and she might still have some left, so go there NOW!

Other things happening…

Check out the About Me page I have added widgets for those that like to link back and/or exchange links.

Top Traffic Sources to KMP Blog for

(11/22/09 – 11/29/09)

Top referring sites:
StumbleUpon.com
Twitter
Blogger
Entrecard
RaevenWestern.com

Top Keywords:
kmpblog.com
kmpblog og mandino
bb messenger contact alerts
bbm erases conversations
blackberry messenger check mark without d or r

Posts you REALLY enjoyed this week:
Google Wave Invites
About Me
Yankees Pep Rally
Gory films you have to Netflix
Black Friday Tips (2009)

That’s it for now! See you next Sunday!!

Week in Review – What You Missed?!

KMP Blog — Sun, 22 Nov 2009 16:00:00 +0000

Today I’m starting Week in Review, What you have missed so far…These are the KMP post from Sunday to Sunday (11/15/09 – 11/22/09)

Sunday (11/15/09)
Word Camp NYC – Blogger Track Pt. 1
Word Camp NYC – Blogger Track Pt. 2

Monday (11/16/09)
DVD Tuesday for 11/17/09
Money Mondays – The 4-hour Work Week – Free Audiobook

Tuesday (11/17/09)
Tips Tuesdays – Blogging Tip#5 – A lil of Everything

Friday (11/20/09)
Lady Gaga – Bad Romance (video)

Saturday (11/21/09)
Announcement of Google Wave Invites available – Go get yours!

4-Hour Work Week – FREE AudioBook

KMP Blog — Mon, 16 Nov 2009 16:58:00 +0000

The Four-Hour work Week

I remember when this book came out everyone on the train was reading it like it was the best thing ever, and apparently it was and it is. I read it a few Summers ago, and I just saw on Tim Ferriss Twitter page that the Audible version is out and is available to download for FREE! We like FREE stuff!
I have been listening for about a week now and it is GREAT just like the book. So go download it while it is still there, I doubt it’ll be FREE forever.

(Download to your computer, and upload it to your iPod, you must create a FREE account with Audible, don’t worry they won’t ask for your credit card, and make sure to select USA)

Sorry the download is no longer available.

Money Mondays

5 Simple Things You Can Do to Save Money

KMP Blog — Mon, 09 Nov 2009 16:00:00 +0000

Drive Less Save money on gas by walking to the store instead of driving there.

Make your own coffee Either bringing coffee from home in a thermos or brewing it in the break room will help you save some dough. Remember that post on Latte Factor?! You do the math.

Turn lights off Use less energy this is another simple way to save money. Heat and air conditioning will suck your wallet dry. So in the summertime open up some windows and in the wintertime, insulate your home.

Be pet-free… or get small pet.Thinking about getting a pet (I know I am), think about the the cost of their upkeep. According to MSN Money, you should expect to pay annual costs of pet ownership: cat, $640; small dog, $780; medium dog, $1,115; large dog, $1,500. Obviously, smaller is cheaper.

Less TV watching According to Multichannel News, the average monthly cable bill, excluding Internet access and other extras, now runs about $71. An easy way to cut costs is to downgrade to the BASIC Plan.

*For more information visit: MSN Money

*Money Mondays*

6 Tips to Budgeting

KMP Blog — Mon, 26 Oct 2009 10:00:00 +0000

Last year I posted this interesting post on budgeting. I really enjoyed the video, so make sure to watch it when you get a chance.

Thanks!

KMP

1. Go through previous month transactions and figure out where most of your money is going.

2. Create a budget template that works for you.

3. Set priorities. Write down your goals down and commit to them.

4. Look at your net income each month and balance it against your priorities. Set a maximum amount on what to spend each month.

5. Track your expenses over the month. If you pay for something in cash keep the receipt. You should update your budget template each week and adjust accordingly.

6. Re-evaluate at the end of the month. What works? What doesn’t? You may need to make some lifestyle changes in order to meet your goals.

Need a little more motivation?!
Watch this instructional video:

Your Thrift Habits (1948) – Budgeting video
(email subscribers click here to view the video)

*For more information visit: W Network

*Money Mondays*

MONEY MONDAYS: Timing is Everything

KMP Blog — Mon, 12 Oct 2009 10:00:00 +0000

Ever wonder when is the perfect time to purchase something?!
Well the Calendar chart above can give you an idea.

*For more information please visit: CNN Money and Smart Money
*Money Mondays*

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Money Mondays: Top States for Best & Worst Jobs

KMP Blog — Mon, 25 Aug 2008 11:17:00 +0000

The best…

Location is everything.

The unemployment rate is the ratio of job seekers to the working population. Therefore, a low percentage means few people are having any difficulty finding work.

If you’re looking for a job, you want to be in a state that has an unemployment rate lower than the national average, which is 5 percent according to the most recent data from the Bureau of Labor Statistics (BLS). (MSN Careers)

Here are the 15 best states to find work ranked by their unemployment rates.

1. South Dakota

Unemployment rate: 3 percent*
Population: 796,214*
Mean annual wage: $30,460
Top industry: Trade, transportation and utilities (19.9 percent)***

2. Idaho

Unemployment rate: 3 percent
Population: 1,499,402
Mean annual wage: $34,810
Top industry: Trade, transportation and utilities (20.2 percent)

3. Wyoming

Unemployment rate: 3.1 percent
Population: 522,830
Mean annual wage: $34,290
Top industry: Government (23 percent)

4. Nebraska

Unemployment rate: 3.2 percent
Population: 1,774,571
Mean annual wage: $34,300
Top industry: Trade, transportation and utilities (21.1 percent)

5. Utah

Unemployment rate: 3.2 percent
Population: 2,645,330
Mean annual wage: $35,540
Top industry: Trade, transportation and utilities (19.7 percent)

6. Hawaii

Unemployment rate: 3.2 percent
Population: 1,283,388
Mean annual wage: $38,630
Top industry: Government (19.6 percent)

7. North Dakota

Unemployment rate: 3.3 percent
Population: 639,715
Mean annual wage: $32,440
Top industry: Trade, transportation and utilities (21.4 percent)

8. Virginia

Unemployment rate: 3.5 percent
Population: 7,712,091
Mean annual wage: $41,450
Top industry: Government (18 percent)

9. Montana

Unemployment rate: 3.6 percent
Population: 957,861
Mean annual wage: $31,290
Top industry: Trade, transportation and utilities (20.5 percent)

10. New Hampshire

Unemployment rate: 3.6 percent
Population: 1,315,828
Mean annual wage: $39,250
Top industry: Trade, transportation and utilities (23.3 percent)

11. New Mexico

Unemployment rate: 3.7 percent
Population: 1,969,915
Mean annual wage: $33,980
Top industry: Government (23.2 percent)

12. Delaware

Unemployment rate: 3.8 percent
Population: 864,764
Mean annual wage: $41,680
Top industry: Trade, transportation and utilities (18.7 percent)

13. Maryland

Unemployment rate: 3.8 percent
Population: 5,618,344
Mean annual wage: $44,030
Top industry: Government (18.2 percent)

14. Iowa

Unemployment rate: 4 percent
Population: 2,988,046
Mean annual wage: $33,250
Top industry: Trade, transportation and utilities (20.4 percent)

15. Vermont

Unemployment rate: 4 percent
Population: 621,254
Mean annual wage: $36,350
Top industry: Trade, transportation and utilities (19.4 percent)

The worst…

If you’ve rewritten that résumé several times and sent out dozens of applications but your job search still shows no promise, you might not be the problem.

One frequently overlooked but critical factor in finding a new job is your state’s unemployment rate. You can have the experience and skills of an employer’s dream, but they won’t do you any good if there just aren’t enough jobs available.

The unemployment rate is the percentage of job seekers in the work force who are still looking for work. The higher the percentage, the more difficult it is to find a job.

If you’re looking for a job, you should see how your state compares to the rest of the country. (MSN Careers)

Here are the 10 worst states to find work ranked by their unemployment rates.

1. Michigan

Unemployment rate: 7.6 percent
Population: 10,071,822
Mean annual wage: $41,230
Top industry: Trade, transportation and utilities (18.4 percent)***

2. Mississippi

Unemployment rate: 6.8 percent
Population: 2,918,785
Mean annual wage: $30,460
Top industry: Government (21.2 percent)

3. South Carolina

Unemployment rate: 6.6 percent
Population: 4,407,709
Mean annual wage: $33,400
Top industry: Trade, transportation and utilities (19.4 percent)

4. Alaska

Unemployment rate: 6.5 percent
Population: 683,478
Mean annual wage: $43,920
Top industry: Government (25.9 percent)

5. California

Unemployment rate: 6.1 percent
Population: 36,553,215
Mean annual wage: $44,180
Top industry: Trade, transportation and utilities (18.9 percent)

6. District of Columbia

Unemployment rate: 6.1 percent
Population: 588,292
Mean annual wage: $61,500
Top industry: Government (33.3 percent)

7. Ohio

Unemployment rate: 6 percent
Population: 11,466,917
Mean annual wage: $37,360
Top industry: Trade, transportation and utilities (19.3 percent)

8. Arkansas

Unemployment rate: 5.9 percent
Population: 2,834,797
Mean annual wage: $30,870
Top industry: Trade, transportation and utilities (20.6 percent)

9. Nevada

Unemployment rate: 5.8 percent
Population: 2,565,382
Mean annual wage: $36,000
Top industry: Leisure and hospitality (26.5 percent)

10. Kentucky

Unemployment rate: 5.7 percent
Population: 4,241,474
Mean annual wage: $33,490
Top industry: Trade, transportation and utilities (20.4 percent)

*Unemployment rates, mean annual wages and industry percentages obtained from BLS in January 2008. Percentages based on nonfarm payrolls, seasonally adjusted.

**Population figures based on U.S. Census Bureau data.

***Top industries are those that employ the largest percentage of a state’s labor force.

*For more information visit: MSN Careers

*Money Mondays*

New York was not on the list, and some people wondered where NY fall on the list, after checking with BLS (Bureau of Labor Statistics):
New York’s Unemployment as of July 2008 rate is 5.2%
which means is over 5.0%
and if you are looking for a job you want to be at a state where the unemployment rate is lower than 5.0%.

No related posts.