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Toyota Bets Big on Uber + How to Bet Big on Yourself

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Autonomous cars are the future, and Toyota is willing to bet money on this! Toyota has announced that it is going to invest $500 million in Uber as part of an agreement to jointly work on driverless cars. The new investment values Uber at $72 billion despite attempts to lower its costs and losses in driverless vehicles after a fatal crash in Arizona. This is a big bet by Toyota who knows that in order to be part of the future you have to invest in the future. So how do you invest in your future? Specifically your financial future? Financial education is what I am betting my money on. Check out this list of ten books that can change your life and money. See the book synopsis below.

10 Finance Books That Can Change Your Life (& Money)

 

The Richest Man In Babylon by George Samuel Clason

The ancient Babylonians were the first people to discover the universal laws of prosperity. In The Richest Man in Babylon, George S. Clason reveals their secrets for creating, growing, and retaining wealth.

Through these entertaining tales of merchants, tradesmen, and herdsmen, you’ll learn how to save more out what you earn, get out of debt, put your money to work, attract good luck, choose wise investments, and safeguard a lasting fortune.

Rich Dad, Poor Dad by Robert Kiyosaki

Rich Dad Poor Dad will explode the myth that you need to earn a high income to become rich, challenge the belief that your house is an asset, show parents why they can’t rely on the school system to teach their kids about money, define once and for all an asset and a liability, and teach you what to teach your kids about money for their future financial success.

The Millionaire Fast Lane by M. J. DeMarco

There’s a Fastlane to millions, a short-cut paved by mathematics, where you can LIVE RICH NOW versus DYING RICH LATER. Instead, you’ve been brainwashed by an army of financial gurus who pitch a dream-killing dogma known as “Get Rich Slow.” Their suffocating plan promises elderly riches by recklessly gambling your financial future to the stock market, the job market, and the housing market. Reject hope-and-pray as a financial path; switch lanes, go Fastlane and awaken your dreams to reality.

Your Money or Your Life by Joe Dominguez and Vicki Robin

In Your Money or Your Life, Vicki Robin shows readers how to gain control of their money and finally begin to make a life, rather than make a living. Whether you’re just beginning your financial life or heading towards retirement, this book will show you how to get out of debt and develop savings, save money through mindfulness and good habits, rather than strict budgeting, declutter your life and live well for less invest your savings and begin creating wealth, save the planet while saving money and so much more!

The Science of Getting Rich by Wallace Wattles

The Science of Getting Rich is the all-time classic book on the subject of making money, using techniques which were later employed in Napoleon Hill’s Think and Grow Rich, and in Rhonda Byrne’s modern-day bestseller The Secret. By reading this book, you can learn more about getting richer – both financially and spiritually – using a variety of methods – including the Law of Attraction.

The Millionaire Next Door by Thomas J. Stanley and William D. Danko

The bestselling The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don’t live in Beverly Hills or on Park Avenue-they live next door. The Millionaire Next Door is the never-before-told story about wealth in America.

Total Money Makeover by Dave Ramsey

With The Total Money Makeover, you’ll be able to design a surefire plan for paying off all debt – cars, houses, everything; recognize the 10 most dangerous money myths (these will kill you); and secure a big fat nest egg for emergencies and retirement!

The Money Book for the Young, Fabulous & Broke by Suze Orman

Over the course of ten chapters that can be consulted methodically, step by step, or on a strictly need-to-know basis, Suze takes readers past broke to a secure place where they’ll never have to worry about revisiting broke again. And she begins the journey with a bit of overwhelmingly good news (yes, there really is good news): Young people have the greatest asset of all on their side-time.

Secrets of the Millionaire Mind by T. Harv Eker

In his groundbreaking Secrets of the Millionaire Mind, T. Harv Eker states: “Give me five minutes, and I can predict your financial future for the rest of your life!” Eker does this by identifying your “money and success blueprint.” We all have a personal money blueprint ingrained in our subconscious minds, and it is this blueprint, more than anything, that will determine our financial lives. You can know everything about marketing, sales, negotiations, stocks, real estate, and the world of finance, but if your money blueprint is not set for a high level of success, you will never have a lot of money—and if somehow you do, you will most likely lose it! The good news is that now you can reset your money blueprint to create natural and automatic success.

Think and Grow Rich by Napoleon Hill

In the original Think and Grow Rich, published in 1937, Hill draws on stories of Andrew Carnegie, Thomas Edison, Henry Ford, and other millionaires of his generation to illustrate his principles. In the updated version, Arthur R. Pell, Ph.D., a nationally known author, lecturer, and consultant in human resources management and an expert in applying Hill’s thought, deftly interweaves anecdotes of how contemporary millionaires and billionaires, such as Bill Gates, Mary Kay Ash, Dave Thomas, and Sir John Templeton, achieved their wealth. Outmoded or arcane terminology and examples are faithfully refreshed to preclude any stumbling blocks to a new generation of readers.

Ash Exantus aka Ash Cash is one of the nation’s top personal finance experts. Dubbed as the Financial Motivator, he uses a culturally responsive approach in teaching financial literacy. He is the Head of Financial Education at BankMobile and Editor-in-Chief at Paradigm Money. The views and opinions expressed are those of Ash Cash and not the views of BankMobile and/or its affiliates.

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Alibaba Reneges on Its Promise to Build 1Million US Jobs + How to Keep Your Promises to Your Creditors

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They say promises are made to be broken, especially if the terms in which you made the promises in have now changed. This is the case with Alibaba and its found Jack Ma. The billionaire says that all bets are off and that the Chinese retail giant has scrapped the idea to create 1 million jobs in the U.S. due to the ongoing tariff war between the U.S. and China. Ma told Chinese media site Xinhua that he made the promise “on the premise of friendly US-China partnership and rational trade relations” that no longer exists today. Ma announced his plans in January 2017 during a meeting with then president-elect Trump, included having small American business owners sell their goods on the Alibaba site. It’s currently unclear what impact this will have on the US economy or China but when it comes to making and breaking promises we know that those decisions can have a negative effect if not managed right. The following are three ways to keep your promise to your creditors:

1. Don’t Bite More Than You Can Chew

I know you’re like, “What does biting and chewing have to do with credit?” but the term simply means don’t take on more than you can handle. We all know it is tempting to take credit because it seems like an opportunity to buy now and pay later but paying later is an understatement if you can’t afford it. Don’t look at the instant gratification of buying something you want but look at the long-term effects on your life and finances. My rule of thumb is, “if you can’t pay cash for it at the end of 30-60 days then you can’t afford it.

2. Redo Your Budget If Needed

Once you commit your creditors, it is important that you keep your promise since paying your bills on time affects 35% of your credit score. Instead of falling into default take a look at your current budget and figure out if there are expenses that you can cut out to meet your credit obligations. If that means cutting out the Caramel Macchiato then so be it.

3. Be Proactive and Transparent

There are billions of dollars that go in default each year and most happen unexpectedly to the creditor. You’ll be surprised at how a creditor will be willing to work with you if you tell them in advance that you are having issues. I’ve personally heard of creditors deferring payments, lowering interest rates, and/or moving payments due to the back of the loan in an effort to help loans become affordable. Instead of throwing in the white flag and saying you simply won’t pay, reach out to them and let them know that you are falling short and see what they can do to help.

What are some other ways you can keep your promises to creditors? Comment below!

 

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HBO and Netflix On Same Page for Emmy Awards + How to Get on The Same Page with Your Significant Other

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Streaming is the new game in town, and Netflix and Hulu have been trying to tell you this for years. Many cable companies have jumped on the bandwagon, and most notably HBO has been catching up in terms of streaming numbers with its HBO Now App. There is no better way to tell if you are winning than to get recognized for your work. Now thanks to the Emmy’s we know who’s the leader… Or do we? HBO and Netflix tied when it came to Emmy Awards, winning 23 each. HBO’s “Game of Thrones” won Outstanding Drama Series for the third time in four years, while Netflix’s Claire Foy walked away with lead actress in a drama series for her portrayal of Queen Elizabeth II in “The Crown.” The success of “The Marvelous Mrs. Maisel” saw Amazon become the first streaming service to win Outstanding Comedy Series. Now that HBO and Netflix are on the same page as it relates to Emmy wins, how can you win in your household? The following are three “Don’ts” to win financially with your significant other:

1. Don’t have separate accounts

Nothing spells “something to hide” more than having separate accounts. Even if you don’t have anything to hide the transparency of having joint accounts can allow you to begin to get on the same page financially. Also, having joint accounts allow each other to be accountable. Knowing that your significant other has access to see your transactions may make you think twice about your spending habits and vice versa.

2. Don’t hold money secrets

If you have money secrets like a secret stash somewhere, or a debt bill to the IRS, or the garnishment of your paycheck that can really put a strain on your relationship and cause separation in finances. Be 100% honest and don’t let anything catch your partner by surprise. Be willing to get financially naked with your significant other so that you too can begin building a strong financial foundation.

3. Don’t point the finger about previous debt at one another

Lastly, don’t point the finger about previous debt. What’s done is done and pointing the finger will only push you two away from each other. The goal is to be on one financial accord so make sure that you use past mistakes as learning lessons to move forward not to hold against anyone.

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IBM Sued for Age Discrimination + How to Keep Yourself Valuable No Matter Your Age

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They say age is nothing but a number, but for three former IBM employees, they feel that age has affected their paychecks. According to Bloomberg.com, three former IBM employees have filed a class action lawsuit against the tech giant, claiming they were subjected to age discrimination when fired. The suit coincides with an investigation done by ProPublica reporting that IBM had laid off 20,000 employees over the age of 40 over the past six years. IBM claims that its staffing changes were not related to age but rather to its need to hire workers with different skills as they shift toward cloud computing and mobile offerings. We’ll keep a close eye on this but does age determine your ability to make ends meet or is it about whether you have the ability to do the job? Can you be too young or too old for a job? Age discrimination is illegal, but we all know some employers may discriminate based on age and try to mask it as something else. While there are no foolproof ways to stop it, there are ways to prepare yourself no matter what. Here are four ways to prepare for the job you want no matter your age:

1. Focus on Your Strengths, Not What You’re Lacking

Whether you are 20 years old or over 4o instead of focussing on your age, you need to focus on your strengths. Many young people with limited experience or older people who may not be up to date with the latest technologies focus on what they’re lacking, and this is a big mistake. Do you have the qualifications for the job? Can you bring value to this position? Whatever your strong suits are you should play that up in your resume, cover letter or communications with the recruiter. It’s easy to focus on why you can’t get the job, but the trick is not to let that get to you. Focus on your value!

2. Attack Your Job Search from All Angles

Networking, Answering ads and/or working with recruiters are the most effective ways to land a job. It is important that you just don’t focus on one method but all three. Networking obviously is the ideal way because it allows you to communicate your value directly but the other methods have their benefits as well. Be proactive and use each method effectively.

3. Show/Explain Your Leadership Abilities and/or Innovation

Leadership and taking initiative have nothing to do with age. Young leaders and old leaders can be more or equally effective as those who have the “ideal” age. Focus on your leadership abilities and be sure to display this to your current or potential employee. Also, make sure you are keeping up to date with current trends in your industry. This will allow you to show your innovation and add more value to your company.

4. Ask For What You are Worth

Lastly, ask for what you are worth. Don’t let being “too young” or “too old” deter you from asking for a salary you deserve. In fact, trying to downplay your worth may very well backfire on you. Also, if you have been with a company for a long time and your salary outpaces what the position is worth make sure you are adding to your skill set and not staying complacent.

Following these four tips can help you gain or retain employment. What are some other ways? Comment below>>>

 

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