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Dr John Demartini is one of the most inspirational speakers I have ever had the good fortune to see and meet.  His Breakthrough Experience course is just brilliant for breaking the chains of past history. His philosophy on life is always really interesting and he makes great sense. I have posted this video for your interest. I hope you enjoy it. Let me know what you think.

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According to the Sunday Times of 08.11.09 the jobless graduate tally has hit 100,000.

The number of jobless university leavers is expected to break the 100,000 barrier, heightening fears of a “lost generation”.

Tens of thousands of out-of-work graduates from the class of 2009 have joined the 70,000 from last year who have still not found employment, official figures are expected to confirm.

The flood of applicants for the shrinking number of graduate jobs had led recruiters to become increasingly tough in their entrance requirements.

Unemployment data published by the Office for National Statistics will also show that the total number of jobless under 25 passed the 1million barrier in October, up from 946,000 in August.   The number of new graduates unable to find a job means the nearly 8% of those aged under 25 with a degree are now without a job.

So where does that leave the over 50’s?

As the years have gone by employers tend to employ people who are younger rather than the over 50’s and ageism has crept into the workplace, despite protests to the contrary.   Reaching 50 can be quite daunting and it is extremely difficult to compete with the younger generation for jobs, especially if you are returning to the workplace after a break.

Did you know: the number of Baby Boomers alive in 2030 will be 57.8 million!   And far from dwindling into the mists of time and irrelevance, born between 1946 & 1964, Baby Boomers are the largest demographic segment today!

I was reading an article in the November 2008 issue of Good Housekeeping and came across an article about women who had made major changes in their lives, and one of them really caught my eye.

The lady in question at the age of 52, divorced her husband, went to America to retrain as a Life Coach, set up her own business and now has her own home and freedom she never experienced before.

Was it easy?   Probably not!

You could settle for the Job Centre route, becoming a statistic on a long list of people waiting for employment, or you could take a leap of faith and start your own business.

Why start your own business?   There is a tremendous risk involved with starting up your own business.   There are many issues to be considered, particularly finance, and yet, in this age of insecurity and retrenchments, with more and more people being made redundant, the option of a job becomes less and less likely and less attractive.

So what are the options?

The first thing to consider is what experience do you have, what do you enjoy and what are you passionate about?   Statistics have proven that if you really love what you do, you will make a success of it.

Get together with a group of friends and brainstorm some ideas.   You would be amazed at what our friends know about us! 🙂

Do you enjoy writing?  You could do a course and put together a book, it could be about something you have a lot of experience in, a ‘How To’ if you like.

Do you enjoy dancing?   You could set up a group for your peers and charge them per session

Do you have expertise in sewing?   You could offer basic lessons to the mothers at the local school, in today’s economic climate many women would probably like to save a bit make their kiddies clothes.

Perhaps you had a career in Accounting; consider setting up a training course on how to set and manage budgets.

You could also consider joining an MLM or Network Marketing Company.   The set up costs are usually minimal and the industry has produced more millionaires in the last 50 years than any other industry in the world, ever.   In 2008 Avon received a massive boost when a young lady, Debbie Davis who had lost her job, became an Avon representative, aged just 29 she became Britain’s most successful seller.

You could set up a Joint Venture with someone, pool your experiences and offer your services.

On another level, you could offer courses at the local Community Centre.  What about painting, or drawing or cooking; think Nigella Lawson.

Are you good with your hands?   Many women are exceptionally handy with their hands and have had years of experience fixing things in the house; d.i.y.   You could offer a basic service in the neighbourhood; changing light bulbs, plugs, whatever; offer a service.

What is available for women our age, the Baby Boomers?

And as we explore those options, let us celebrate the unalienable fact that we have so many more opportunities open to us than our mothers did.   We are no longer constrained by the rules of society, we have a choice and in exercising those choices we are able to experience the freedom that brings.

I would be interested to hear what you think!

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“If you think nobody cares whether you are alive or dead, try missing a couple of car payments.” Ann Landers

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This is a really useful guide

10 Useful steps for your New Year budget

1) Think before you spend.

Stick to a realistic budget that includes everything. (One of the best ways to save money is to have a proper budget, mine is usually worked out 3-4 months in advance with everything I have to pay and when and then I match that back to my bank statements to check it is all in order)

2) Keep a tally of what you spend.

It is very simple to set up a spreadsheet; enter all your purchases and you will soon see where you could cut back on impulse buys. (I have a mega spreadsheet and can tell you what I spent on what going back as far as 2001 – I set up a new one each year)

3) Avoid impulse buys.

Plan your birthday calendar; think ahead of who you wish to buy a gift for and when you find something suitable, buy it then rather than an overspend at the last minute. (This alone can save you a fortune)

4) Use cash for your small purchases.

Set aside a specific amount each month for those quick buys, saves interest on the credit card.

5) Find ways to make rather than buy.

Try making your own greeting cards for special occasions. (A friend of mine makes the most gorgeous cards and uses calligraphy for the writing, her cards are always stunning)

6) Generate extra money.

We all have a skill we can use to earn extra cash. ( I provide a service doing Debt Collection – I am very good on the phone) and my friend mentioned above paints silk scarves – very popular at Saturday markets)

7) Download free software such as skype.

Many people these days have computers – using skype to skype could save you a fortune on overseas calls. (I love skype can chat to my family for hours on end at no cost at all)

8) Save up for special treats.

Pick a coin value e.g. £1 and every time you get one in your change put it into a money box, you’ll be amazed how quickly they add up. (I did this to save for a campervan, in no time at all I had quite a substantial amount in my moneybox – yes I have a red campervan moneybox – soon the real thing)

9) Cut back on transport costs.

Make use of oyster cards or similar; walk if you can, wherever you can.

10) Put the money you save into an ISA and start saving for next Christmas or that special holiday. (also a great was to save, start off by saving 1% of your earnings and then increase it to 2% and so on till you’re saving 10% p.m. – you will be amazed how quickly it adds up)

Have a wonderful 2010

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I was reading an old newspaper (as you do!) yesterday and saw this article about the taxman and our esteemed Chancellor!  Mmm, interesting!!! It also reminded me of how much I battled to file my blessed return on the internet. One would think it would be straightforward…but no, it ain’t.  Have a query….phone this number!!! Right on>  I tried for 4.5 hours at a cost of over £4 and still, all I got was a voice message to say “our advisors are very busy right now, please phone back at another time!!!   Enough said or else I will go purple 🙂

Anyways here is the article…abbreviated.  It was a newspaper article and very long:

“10.12.09 Yesterday, Mr Darling (such a misnomer), put out his plans for our future.  He raised future taxes for anyone earning more than £20,000 to fund schools and hospitals and postponed tough decisions on spending cuts.

The budget deficit runs at more than £170billion with public debt set to double to £1.5 trillion.   Promising to have the budget in an – ‘orderly way’ within 4 years he ducked decisions on where to make most of the cuts.

Frankly when reading the large amounts of money they toss about like so much straw in the wind, it makes me feel quite ill.  And what exactly does he mean by ‘orderly way’?   Why is the budget not in an orderly way now?

Although Mr Darling outlined £5billion of cuts by reducing IT projects, reforming legal aid, privatising prison management (is this a good idea?) and cutting the cost of residential care, he is not specific about the amounts in question for those and leaves big questions about where the rest of the money will come from unanswered.   Perhaps the Politicians ‘claims’ would be a good start.

Of course it comes as no surprise that the budget was a bit of a patsy, considering that May2010 marks an election, with the Conservatives accusing Labour of losing it’s ‘moral authority to govern’ by putting electioneering ahead of fixing the economy.  On the news last night they even mentioned the dreaded ‘T’ word…..some people even went so far as to say that the present government will reduce Britain to a Third World Country!!!

With what the Times calls a ‘bingo budget’, the Conservatives seized upon the point that Labour considered anyone earning over £20,000 as well off, due to the .5% rise in National Insurance from 2011, this on top of the .5% already announced.   Apparently the middle classes (odd that we still have a class system in this country!) have the most reason to squeal as the NI increases will be almost the equivalent of a penny on income tax in 2011.  A penny!!!! Goodness gracious!

In addition to this, more people will be brought into the 40p rate of tax as a result of the one-year freeze in the threshold of 2012.   The Treasury admitted that the 2-year cap on public sector pay rises at 1% was effectively a cut due to inflation rising above 1%.   It would appear the ‘Public Sector’ workers, many of whom are low-paid would have to pay the price for a crash they did nothing to cause, and yet the Bankers are set to receive massive bonuses despite the fact that we the public had to bail them out with our hard earned taxes.   Why is that?

According to ‘The Treasury’ 95% of the NHS budget would remain constant; meaning a £3.7billion rise on 2012-2013.   This would be a good place for them to start if they want to save money.   Have a look at the atrocious waste of medications and equipment that drains through the plughole that is the NHS.   I have personally seen massive amounts of wastage in my career as a Carer.   Many of the homes I visit have 2, sometimes 3 zimmer frames floating around.   When you enquire about this they, the client say that Oh, Yes that was given to me by the NHS, but I dont use it anymore.   So return it for goodness sake.   When you raise the question with the District Nurse or the Occupational Therapists, that are all NHS provided the answer usually comes back as: ‘that is not our department’.   So who is responsible for recovering all this redundant equipment that ends up in the skip in the long term.

And medication!   I have never seen such a massive wastage of anything as there is with medication.   The system dictates that once prescribed, and even if incorrectly prescribed, once the medications have been boxed and handed over the counter, if returned, untouched and unused they are binned.   These medications cost thousands most assuredly it would be incumbent on the medical staff and Doctors to ensure they prescribe the correct meds and dosages in the first place.

Then there is the ‘free’ side of the NHS.   It is not free!   We pay for it out of our taxes.   I am absolutely certain that if they introduced a fair and equitable system of payment for the medical services in this country, not only would that save a massive amount of money, but people would be less careless about how they use it, and with the money saved they would be able to not only pay the Nurses etc a decent salary, but they would be able to train and employ more to take the strain off the very understaffed hospitals.

Millions of pounds are spent on Consultants doing checks on hospitals to see if they achieve the correct guidelines for cleanliness and health, and yet the money and staff needed in order to achieve those targets is not available, before the fact.

Going back to the pre-budget budget, Mr Darling was forced to admit that the recession had been worse than he predicted last year.   The economy would shrink by 4.75% in 2009 compared with his Budget estimate in April of 3.5%.   Apparently public finances were also deeper in the red with a deficit of £178million this year – £3billion more than he had predicted.   So what does he base his predictions on and as the …… most assuredly he should be better able to ‘budget’ and ensure he has the correct figures on the table.  Perhaps he should have the pay-cut that he is fond of handing out to those who do a good job and can ill afford one.

mmmmmm????

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….making out a cheque for a fraction of the amount owed and writing ‘PAID IN FULL’ on it?

A popular myth that has long been doing the rounds is the one that says writing out a cheque for a fraction of the amount owed will clear a large debt, provided that it has a note saying ‘paid in full’ attached to it.   This is not true, and will be seen as acting in bad faith, which will just make things worse.

The rumour may have popped up as a result of some creditors being willing to accept a smaller amount than that originally owed – after all, some payment is better than no payment – but this only works when there is an agreement between creditor and debtor.

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10 Useful steps for your New Year budget:

1)  Think before you spend.

Stick to a realistic budget that includes everything.

2)  Keep a tally of what you spend.

It is very simple to set up a spreadsheet; enter all your purchases and you will soon see where you could cut back on impulse buys

3)  Avoid impulse buys.

Plan your birthday calendar; think ahead of who you wish to buy a gift for and when you find something suitable, buy it then rather than an overspend at the last minute.

4)  Use cash for your small purchases.

Set aside a specific amount each month for those quick buys, saves interest on the credit card.

5)  Find ways to make rather than buy.

Try making your own greeting cards for special occasions.

6)  Generate extra money.

We all have a skill we can use to earn extra cash.

7)  Download free software such as skype.

Many people these days have computers – using skype to skype could save you a fortune on overseas calls.

8)  Save up for special treats.

Pick a coin value e.g. £1 and every time you get one in your change put it into a money box, you’ll be amazed how quickly they add up.

9)  Cut back on transport costs.

Make use of oyster cards or similar; walk if you can, wherever you can.

10)  Put the money you save into an ISA and start saving for next Christmas or that special holiday.

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