Have You Ever Considered Beating The Recession?

Kelly Richards of Brooklyn, NY was tired of worrying all the time where the next dollar is coming from. Life seemed merely a succession of bills and worrying about how to pay them. One late night while surfing the internet, her long hours of research had finally paid off and she discovered her tight lip secret to getting a break in life and beating the recession. She was finally able to provide for her three children while staying home with them.

I read Kelly's blog last month and decided to feature her story in our local job report. In our phone interview she told me her amazing story. "I basically make about $6,000-$8,000 a month online. It's enough to comfortably replace my old jobs income, especially considering I only work about 10-13 hours a week from home.

Working online has been a big break for Kelly, who struggled for months going from one dead end job to another. "I lost my job shortly after the recession hit, I needed reliable income, I was not interested in the "get rich quick" scams you see all over the internet. Those are all pyramid scams or stuff where you have to sell to your friends and family. I just needed a legitimate way to earn a living for me and my family. The best part of working online is that I am always home with the kids, I save a lot of money."

"I basically make $6,000-$8,000 a month online."
- Kelly Richards

I asked her about how she discovered her tight lip secret. "Honestly, it is easier than you would think, all I did was fill out a simple form to get front line access to the Home Profit System. I got the instructions kit and within a month I was making over $4,000 a month. The instructions are pretty simple, I am not a computer whiz, but I can use the internet. I fill forms and surf sites, I don't even have to sell anything and nobody has to buy anything. It's as easy as being on facebook."

Online giant Google, worth over 100 billion dollars is the most used search engine and internet market place. Google is the #1 internet site in the world, over 50 percent of all internet traffic flows through them everyday. Using Google and the other search engines to make money online has been a eye-opener for Kelly. There are plenty of scams on the internet claiming you can make $50,000 a month, but that is exactly what they are scams. From my conversation with Kelly, "I am making a good salary from home, which is amazing, under a year ago I was jobless in a horrible economy. I thank God every day I was blessed with these instructions and now it's my duty to pay it forward and share it with you."

Quickly, Kelly Richards was able to use the simple Home Profit System to make it out of the recession.

Kelly had never shared her story before, and with her permission, we are putting it public

Step 1
Go to this link, fill out a basic online form and hit submit at Home Profit System

Step 2
Follow the instructions at Home Profit System and set up your account.

Step 3 
You should receive your first check within a week or so. Or you can start to have them wire directly into your bank account. (Your first checks will be about $500 to $1,500 a week. Then it goes up from there. Depends on how much time you spent on it.)

Registration Deadline Ends: Tuesday, August 7, 2012

OVERNIGHT MONEY: July jobs report hits Friday

FRIDAY'S BIG STORY:

First Friday jobs special: Tomorrow is the first Friday of August and the July jobs report will hit the airwaves at the crack of 8:30 a.m. 

While this makes it a bit difficult to overindulge on National IPA Day — yes, that is today, and it's hot and perfect for a cold, crisp ... oh, sorry. 

Back to the jobs. The report could show some improvement for the first time in several months. 

Economists' estimates are coming in between 100,000 and 125,000 jobs created last month. The unemployment rate is expected to remain mired at 8.2 percent. 

All eyes, especially those with the presidential campaigns, will be watching the figures closely. 

Better-than-expected figures — there were 80,000 jobs created in June — could give President Obama's reelection campaign a boost. But he is still facing persistently high unemployment, which isn't likely to drop below 8 percent by the November elections. 

Report: Identity thieves could pocket $21 billion in taxpayer money

The IRS could hand out some $21 billion in refunds to tax frauds over the next five years due to the growing problem of identity theft, a new federal report has found. 

The Treasury Department’s inspector general for tax administration said the tax-collecting agency reported detecting $6.5 billion worth of fraudulent returns in 2011.

But according to the inspector general’s report, an additional $5.2 billion could also have been sent to tax cheats

6 years to retirement, too many expenses

By Lisa Gibbs @Money July 19, 2012: 4:18 PM ET

(Money magazine) -- Jo Ann and Mike Nahirny feel the classic sandwich-generation squeeze.

They're juggling three homes: their own and two they bought for their son, 18, and daughter, 21, to live in during college. They also supply meals and run errands for Mike's 92-year-old father, taking him twice weekly to see Mike's mom, who has Alzheimer's, in a nursing home 50 miles away.

All that, plus their jobs. The couple commute an hour each way to work: Jo Ann has a $52,000-a-year position as a high school English teacher; Mike, a retired Army reservist and financial analyst at HUD, the U.S. housing agency, now works part-time as a security guard. That leaves little time to enjoy their lakefront home.

$400,000 portfolio, too many holdings

By Carolyn Bigda @Money July 19, 2012: 1:04 PM ET






(Money magazine) -- When Susan Carson and Laura DeLallo get interested in something, they pursue it wholeheartedly.

In their twenties, each tried to hit it big in music with their own rock bands (tours and CD releases included). When they wanted steadier jobs, they dived into new fields: Carson works in trading and operations for an energy company; DeLallo, an editorial specialist at a financial services consulting firm, is pursuing her MBA.

Married in 2008, they now have financial security -- they earn $225,000 a year and have almost half a million in savings -- and a new passion: the markets. "We like to read through the news and see if we can find an upcoming trend," Carson says.

Trouble is, their enthusiasm is getting the better of them. Both have sprawling portfolios of individual stocks, exchange-traded funds, and mutual funds that are proving hard to manage -- nearly 50 separate investments in total. "I had a lot more time to pay attention to my investments a year or two ago," says DeLallo.

Moreover, they've seen the downside of market timing: In 2008, believing property values had hit bottom, they bought their house for $508,000. Today the four-bedroom is worth only about $380,000 and also needs some repairs

Young dad, $15,000 in credit card debt

By Carolyn Bigda @Money July 19, 2012: 1:02 PM ET

(Money magazine) -- Like many thirtysomethings, Carlos Rodriguez is repairing financial damage from his twenties.

The health care project administrator has $15,000 on credit cards, partly from financing a master's degree, but also from "reckless spending," he admits.

When real estate was hot, he bought a seller-financed house in Austin to use as a rental property, inheriting a property lien that's now $3,600.

And he has grownup obligations: He has an 8-year-old son from a previous relationship and pays $720 a month in child support.

The good news is that Rodriguez recently received a promotion that pushed his salary from $59,000 to $67,000. In addition, he earns $6,500 annually working as a division petty officer in the Navy Reserve. Eventually he'd like to become a chief strategy officer in his field.

3 tuition bills, only $35,000 saved

By Donna Rosato @Money July 11, 2012: 4:30 PM ET








(Money magazine) -- Raising three daughters born within a five-year span, the Fuccis knew they'd face steep tuition bills one day. But saving was tough.

The family lives in high-cost Westchester County, where their property taxes have tripled over the past decade.
For many years Stefanie worked part-time as a personal trainer. Now Kimberlee, 17, plans to go to James Madison University in Virginia this fall, where costs top $30,000 a year; high school sophomore Celine, 16, has pinned her hopes on going out of state too.

The Fuccis have already co-signed $14,000 worth of private loans to pay for 21-year-old Brittany to attend New York's Fashion Institute of Technology (she also has $14,000 in federal Stafford loans). Still, they are determined to let their kids go to their dream schools.

"Out of state goes against our plans, but it's the right fit for Kimberlee," says Stefanie

Earn $1 million by climbing the corporate ladder

 By Donna Rosato @Money July 27, 2012: 5:10 AM ET

Secure one big promotion that gives you real authority and you could be on your way to becoming a millionaire.

(MONEY Magazine) -- The path to becoming a millionaire shortens with every major step you take up the corporate hierarchy. Jump from a human resources administrator to manager, for instance, and you become eligible for greater supplemental income like bonuses and stock options.

Take another big leap up to HR director, and your overall compensation really swells -- by more than 40%. The good news: You don't have to make it all the way to the C-suite to see real benefits.

Part of a special report on How to reach $1 million this story explains how moving up the corporate ladder can put you on your way to the millionaire class.

KEY MOVE: Secure one more big promotion that gives you real authority.

Save your way to $1 million

By Donna Rosato @Money July 26, 2012: 6:29 AM ET


(Money magazine) -- Research shows that people who practice so-called burst saving are far more likely to sock away enough money for a comfortable retirement than those who don't.

According to a study by the research firm Hearts & Wallets, 64% of burst savers were able to build a nest egg equal to at least 10 times their annual pay, a common benchmark for a financially secure retirement.

They were also likelier than non-power savers to hit that goal no matter what age they started their savings regimen.

Says Laura Varas, a principal at Hearts & Wallets: "Once you've got a base of assets that really matters, it puts a tail wind at your back."

Part of a special report on How to reach $1 million, this story explains how saving aggressively for a decade can help you reach millionaire status by the time you retire.

KEY MOVE: Aim to save at least 15% of your income for a period of ten years or more.

Is my $100,000 safe in gold and cash?

 

 

By Walter Updegrave @Money July 27, 2012: 5:20 AM ET

Let's start with gold. For all the hype about gold being a safe haven, the reality is that it can lose value as easily as the stock market. If you had plowed all your money into gold last September when it was selling for just under $1,900 an ounce, for example, your $100,000 stash would only be worth a little more than $84,000 today, since gold now goes for around $1,600 an ounce.

So whatever other merits gold may have as an investment, shielding you against losses isn't one of them.