Income Scarce But Not Hopeless

by Charles on May 30, 2009

I had planned a post about vacations but with the latest news, I think I’ll put that off for a few days. The latest news has more people concerned with holding on or making money than spending it.

General Motors stock dropped to $0.75 per share on Friday and GM has announced that it will file for bankruptcy on Monday. 21,000 jobs will be cut and 400 to 450 more dealerships are expected to be closed.

I’ve always been a GM customer and I hate that Obama and the UAW have ruined it. If it manages to survive, it will never be the great company it once was.

U. S. News and World Report has a story today that there is a surge this year in early Social Security retirement claims. Most baby boomers hope to work during retirement but many aren’t able to find jobs now.

So far claims by those who have turned 62 this year have already increased by 9% more than expected. These early retirement benefits can be a lifeline to those in a desperate situation. However, early claims at 62 reduce the benefit by 25% compared to waiting until full retirement at 66.

Many who have never considered working for themselves are now having to consider it out of necessity. Things are bad but there is hope especially if you are reading this on your own computer.

I have posted before about online marketing opportunities for those who have a skill or hobby that they can teach to others. Unfortunately, many of us don’t fall into that category but there is a really good alternative that might interest you.

I recently learned of a very popular new course by Jennifer Ledbetter that teaches you how to start making money with affiliate products using completely free resources. She explains her methods in a step by step fashion that is easy for anybody to understand.

Her course is called One Week Marketing. You can start from scratch and have your first active campaign in place in just 7 days. The course is effective, affordable and comes with a no hassle, 60 day guarantee so you have nothing to lose if you want to try it.

To learn more, simply click One Week Marketing. Whether you’re interested or not, you’ll be impressed with what she has done using this method to solve her own financial problems.

I hope it will be helpful for you.

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