Tool Kit | wealthymatters

5 Habits of Financially Successful People

March 9, 2011 1 Comment

Here is a piece I found while surfing at Wise Bread.com wealthymatters.com http://www.moneymanagement.org/Community/Blogs/Blogging-for-Change/2011/January/Five-habits-of-financially-successful-people.aspx Check if you have the following criteria in place if you are serious about being financially successful.

What is the true definition of financial success? Although it varies from person to person it can usually include: the ability to pay bills without worry, being free of debt, and having enough money in savings for things such as emergencies, family vacations, retirement, college funds, and more.

Being financially successful is easier said than done. There are no quick fixes or magic formulas for achieving financial success. Financially successful people understand the difference between wants and needs and how to create clear financial objectives for achieving their goals. Below are five habits of financially successful people. Read more of this post

Filed under Tool Kit Tagged with Budget, credit, credit report, dream, financial education, financial freedom, financial goals, Habits of Financially Successful People, interest rates, Money, plan, postaday2011, RandomBlog2011, saving, scams and frauds

Shri Siddhivinayak Maharaj

March 9, 2011 1 Comment

Shri Siddhivinayak is one of the popular deities of Mumbai.His temple is located at Prabhadevi.Here is the link to the temple website : http://www.siddhivinayak.org/

The idol of Shri Siddhivinayak here is carved out of a single black stone and is 2’6” high and 2′ wide with the trunk on the right. The upper right and left hands hold a lotus and an axe respectively while the lower right and left hands hold a japmala and bowl full of Modak respectively. As it resembles the sacred thread, a snake appears on the left shoulder to right side belly. On the forehead of deity is an eye, which almost looks like the third eye of Lord Shiva. On both sides of the Lord Ganesh idol, are placed one idol each of Riddhi and Siddhi goddesses who appear to be peeping from behind Ganeshji. Because of these two deities along with Lord Ganesh, this temple is known as the Siddhivinayak Ganapati Temple. These goddesses signify sanctity, success, wealth and prosperity. Read more of this post

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What To Do With Money

March 9, 2011 2 Comments

I came across this post today http://thechristianminimalist.wordpress.com/2011/03/09/how-to-create-a-treasure-map-that-your-heart-will-follow/#comment-98

How to Create a Treasure Map That Your Heart Will Follow?

Stop Wasting Your Money on Temporary Things

Move the Money and Your Heart Will Follow

Invest in Things with Eternal Value

The post spoke to me to me in some strange way.So I decided to record it here in my blog.I plan to reflect on it and let the message sink in.

Filed under Philanthropy, Tool Kit Tagged with Philanthropy, what to do with your money

Shri Yantra

March 8, 2011 Leave a comment

Shri means wealth.It is also a word used to show respect.Yantra means instrument.

The Shri Yantra is formed by nine interlocking triangles that surround and radiate out from a central point. Together the nine triangles are interlaced in such a way as to form 43 smaller triangles.

The Shri Yantra is considered to be very powerful and is believed to be the yantra of Goddess Mahalakshmi.Mahalakshmi is the Indian Goddess of wealth,prosperity and good fortune.She is believed to manifest herself in the place where this yantra is kept and worshipped.As a result all wishes come true and one’s life is changed for the better.This Yantra is believed to be helpful in getting rid of debt.

Many temples in India, including the Tirupati Temple,the richest one in India, are constructed on the basis of this sacred geometry.

Many people keep and worship a Shri Yantra at home and/or their place of business. Read more of this post

Filed under Tidbits, Tool Kit Tagged with get rid of debt, Goddess Lakshmi, Goddess Mahalakshmi, Goddess of Good Fortune, Goddess of Wealth, good fortune, Hinduism, Indian, Mahalakshmi Mantra, Mantra, postaday2011, prosperity, RandomBlog2011, Shri Yantra, Tirupati Temple, wealth, Worship, Yantra

9 Ways To Make Money On The Stock Market

March 7, 2011 6 Comments

Here are 9 ways listed by Whitney Tilson to pick diamonds in the stock market:

1. Out-of-favour blue chips. Even the world’s greatest companies encounter problems or otherwise fall out of favor. Correctly differentiating between those suffering temporary rather than permanent issues is the key to success here. As long as the positive fundamentals of the company’s business remain intact, and new management is willing and capable of bringing the company on track buying out of favour blue chips can be very profitable.

2. Distressed industries. Buying a good company in a distressed industry is often a great way to make money.

3. Turnarounds. Turning around a broken business is difficult and often takes much longer than expected — but when it occurs, a stock can rise many-fold.

4. Overlooked small caps. Among the thousands of publicly traded stocks that analysts don’t cover are fine businesses that are cheap because either no one is paying attention to them or their stocks are thinly traded. Read more of this post