Monday, December 31, 2012

Quote from E. Joseph Cossman

Obstacles are things a person sees when he takes his eyes off his goal.
E. Joseph Cossman

Friday, December 28, 2012

Thursday, December 27, 2012

The Art of Making Money Introductory: Different ways to make extra income made simple

For the last year, I have been telling people how to save money. It came to me it is time to help I need to educate on how to make money as well. It sounds simple but the truth some people may not be aware of all the different way to make money.

ideas to make money, creative ways to make money, how to make money on the side from home, how to make extra money from home, creative ways to make money, side job ideas , ideas how to make money Everyone knows that a job is the most common way to make a living. The down fails for this is you have to trade freedom for security. And the government taxes earned income at the highest rate compared to portfolio dividend income from stocks, and passive income from real-estate. Let us not forget the business owner or corporation has a host of taxes deduction that an employed person does not.

What should a working class person do? The answer to think outside of the box. How can you improve your situation without quitting your day job? One way to do this to start a part-time business with Internet marketing, and it can cost just a few dollar or hire a student to do the hours of boring data entry on free online classifieds, directories, blogs, and social media. The alternative to this is to use a rented program to do this for you, there are many services that will auto submit to all of these services for you from a month to month or a one-time submission. The best way to find these type of services in search engines. You would love to start a business but don't have a skill, or a product or a service that can be easily transformed into a side income, what do you do? If you have the desire to start something but don't have the perfect product or service you can try your hand at affiliate programs. You are basically earning a sales commission on marketing some else product or service. Affiliated programs like Commission Junction and Clickbank will give you a host of both brand name and off-brand product to market.

But if marketing is not your strong point? Let say you're a great accountant and want to have a side business preparing tax returns? And you don't know a difference from a website from a blog? What do you do? There a great website called for freelancers service providers and some are priced very high and some are dirt cheap! You can a video production with spoke person for as little as $5.00, or higher a copywriter, or a web marketer from the same service starting at $5.00, some do charge more but still often a great value for small or starting enterprises. You don't have to take $10,000 bank loan.I was quoted $3000 for video production when I started my business. But hiring a professional spokesperson video for $11.00 off Fiverr.

Which the Fiverr advantage you can start building your business with outsourced freelancers for a few hundred dollars. Build a web page, hire a ad copy expert, hire a video spoke person to start your video marketing, hire a SEO expert to start your website getting hits and ranking high on google. Explore other marketing channels like email marketing, social media marketing, backlink marketing, News Releases or paid advertisement like on Facebook or Google's Adword. I hope your head is not spinning with all these types of marketing channels?

So, what if starting your own business is not your dream? What else, the simple way to bring in extra income is purchasing stocks that offer a dividend, or EFT (EFT are like mutual funds, that they hold a portfolio of many stocks, but have tax advantages over mutual funds, and can be purchased or sold like stocks in dividend classification). When is the best time to purchase these stocks after a major crash or issues when the market is low? You can pick companies that you know and trust and will feel will be there for the next 100 years.

One of the best investments in the rental business, buying home or apartments and renting them out. This is a win-win situation in the tax code. You only need a 20% down payment and can get a loan which is a tax deduction, and you can also get a deduction on the devaluation of the property at 100%, not the 20% percent which you own, What if you do not want to be called at 3 am about a problem? Simply, One can hire property managers to do all the dirty work. This is a lifetime of income. And when the investment goes up in value you can refinance the property and take out the equality to purchase additional property. This will require a lot of time to research and find the correct investment. If you are willing to put in the time you can make a big return.

Author: Derek P. Bliedung
Columbus Financial Coach & Success
The Art of Saving & Making Money

Do it Yourself Financial Planning in 15 Easy Steps

1) The first step is to know what is your personal objectives and goals by using a financial planning session(s)?

2) What is your short term, medium term and long term life goal(s)?

3) If money was not an object where would you see yourself in 5, 15 and 30 years from now? (Hint: it can be a career, where you like to live, education, car, house, etc.)

4) Prepare a budget of current expenses, and included all sources of income. How would you rate yourself compared to income below budget, at the budget, or above budget?

5) Go to my website to see ways you can slim down the cost of household living at &

6) Now complete a second budget showing the amount you reduced from your original budget. If you’re still meeting or above budget, you will need to find other sources of income or further ways of cutting of expenses. If you’re below or in the budget you can move to the next point.  If you still can not move your budget lower, I do offer personalized coaching on my site at

7) Congregations, you are ready for the next step. You must take at least 10% of your income each pay period and place 6% in retirement and 4% into a general fund which includes emergency's, and vacation fund. I would recommend one to increasing this account each year and every year by 1% or 2% to your retirement fund. If the additional fund is available to give to religious/spiritual origination, or/and charities do so to 10% of income. You will gain a tax advantage and do some good in your community. What if, you do not have the available funds? You can donate your time to these organizations. There is a note in my process of reading the most successful people have always given money and/or gave their time. This relationship with the law of attraction, that giving will help you back in the future. See my blog post on Law of Attrition: at: or

8) Things happen, you will need to have insurance to cover unexpected liabilities, including health, auto, home, life and disability insurance. Remember getting the lowest cost insurance maybe not cover you in the event of accident or death, or disability. If money is a concern rather buy employment based life and disability, rather then not having enough coverage or not having no coverage. Once you improve your situation buy a non-employment related insurance policy or use the employment to be the gravy and not to meet liability minimums.  
9) What is life insurance better for me Term or Cash Value?  I would say most people that cash value is not needed in most cases. I would first max out my IRA, or Roth IRA, or 401K, or similar retirement program, before even thinking of going for a cash value policy. In most cases, a 30-year term product will product you and your family so you can build enough funds by investing in your personal savings, and retirement plan. Most insurance agents disagree with this way, sure they are losing money. The facts that most fixed-rate cash value insurance policies are making about 4.5% - 5.5% great for today. But the stock market has an average return of 12%. So, using simple logic how are you better going after 5.5% vs. 7% or 9% return in a bad year? Yes, there is a risk; there are risks being too safe as well. 

10) Where are going to put your money to grow? If your employer offers a 401k, or a similar retirement program, and give you a match this is the way to go. At least take the money the employer is giving you and match to the max. You would be surprised how many people do not take advantage of this free money. For most people, the best investment is to have the fund coming out your paycheck, and have an allocation table to follow to ensure proper diversification see: This is basic investment advice; I have written articles on advanced investment strategies read more at There are different allocation tables based on your age, and your target date for retirement. Younger you are the more you can take more risk and as you get closer to retirement you slowly decrease risk, not end all risk.

11) What do you do with you 4% start of placing the money in bank or credit union account automatically from your paycheck to be placed into you’re saving the account. Once your funds have reached a high enough amount, you can look at other options, like CD’s short-term, investment account under a money market, bonds (Government, & Corporate), treasury inflation protected securities (TIF’s’) conservative allocation investment accounts (mutual funds or EFT’s) for this type of saving avoid anything high risk! This is a short-term account, and you need low-risk investments.  Do not forget to leave at least $500, to $1000 to pay for urgent situations in your bank or credit union account.   

12) What is better for me pretax retirement (40lk/traditional IRA) or post-tax retirement Roth IRA/Roth 401k)? I recommend everyone to go pretax up to there match. If you go pretax after this or Roth is a personal choice based on your situation. Is it better to pay taxes now or later? There is a feeling that we have very low taxes right now and it is better to take advantage of the Roth.  There is another way of looking at this. I am going to pay taxes for the next 30 or 40 years without any benefit. Now, I personally have pretax up to 10%, after that go with Roth. I believe that having 2 pots of money will hedge for what the future may bring. If may need to hire a CPA or Tax lawyer to help you find ways to reduce the taxes in the future. Besides we do not know what the market will look like in the future. I personally believe we can take out the minimum amount out of a pre-taxed fund each year, and paying the lowest tax bracket. Besides, the government can resend the Roth IRA/Roth 401k if it is not working out for their best interest. 

13)    You earn a 0% on equality, so why not take out a 30-year mortgage or 5-year car loan. Do not get a return on equality confused with inflation. Most people see their house values go up this is ROI is the inflation, not the equity working for you. You should put the difference in your retirement account. Like I said before you can make 12% on average on the stock market and only 0% on your equity. What is the point paying it off faster? Now if you have high debts over 12% interests you should pay these off sooner with your additional leveraged money. Plus you still receive a tax break for mortgage interest and taxes. The same goes for a student loan, why pay back a low interest low off sooner? When can you make more as an investment? This is a concept the wealthy used call others peoples money or OPM.

14) You should have a last will drawn by a lawyer. A simple will can save part of your money going to the government, and costly court costs later.

15)  One trick I received from Primerica: You shouldn’t hold back your payment to make one payment. For example, if you are paid bi-monthly (Paid once at the end of the month and paid on the 15th of the month) rather make two smaller payments. Make a payment early and make the second on your next pay cycle. This will reduce your interest. Since most loan calculated on a daily interest you are best to pay them off using each paycheck cycle, even if it one half of a payment at a time. This will work for credit cards, student loans, and car loans. It tends not to work for mortgages because most of the home loans are government backed, and have a different system of calculation on the interest. Last note, to avoid some troubles later, check with your lenders to ensure that making a split payment will not cause issue, how your loan is proceed

Created by Derek P. Bliedung
The Columbus Financial &  Success Coach
The Art of Saving Money & Making Money


Quote of Warren G. Bennis

Leaders must encourage their organizations to dance to forms of music yet to be heard.
Warren G. Bennis

Wednesday, December 26, 2012

The Strategies from the Genus’ of Investing: Investing style is a mater of finding your personality type and risk tolerance

Warren Buffett's’ strategies on investing are to find companies that you trust, believe in and understand the business model. If not walk away now. One must learn to be patient, to wait for these stock prices to fall to value prices, and then hold on the stock for the long term at least 10 years, if not 20 years or even 30 years. Buffet shares the view the best way to avoid capital gains taxes is to hold them on the stocks for an extremely long time if not indefinite.

What if you don't know of any of these companies, what do you do then? Well, Warren Buffett openly releases his investment choices each year which companies that his company Berkshire Hathaway invests into. This will make the financial news, the local business section of your newspaper. If you can’t think like a Warren Buffett just follows his choices. Or according to Buffett, it is better to have 10 quality “Great” stocks, and they have hundreds of average stocks. Now if you are not the personality or skills to truly buy low and sell high, what should you do? Warren Buffett states you are best to buy a passive fund or Index fund rather. Still in the dark here are some recommend books on Warren Buffett: The Tao of Warren Buffett Mary Buffett and David Clark. Warren Buffett and the interpretation of financial statements Mary Buffett and David Clark. Buffettology Mary Buffett & David Clark.

It sounds simple enough, but most people are not programmed to buy stock low and sell high. The reason is emotional investing theory most of the population is hardwired to sell low, and buy high this is due to human evaluation and our ability to survive. The same goes for fund managers; they often have to follow the majority of other investors, and often feel the need to always being in the market. Be careful there are many salespeople going by the tiles of the adviser, insurances agents are mostly and not always what I like to call mutual fund salespeople. I would recommend you to become your own expert and follow the advice of other experts that state that even an average investor can outpace the S&P 500.

The Strategies from the Genus’ of Investing: Investing style is a mater of finding your personality type and risk tolerance, The Strategies from the Masters of Investing: Find your investment style based on personality, Investment Strategy Examples, Investment Strategy Example, Investment Strategies In Stock Market, Investment Strategies In Stock Market, Investment Strategies For Beginners,  Investment Strategies,  Short Term Investing Strategies,  Investment Strategies By Age, List Of Investment Strategies,  Stock Market Strategy For Beginners, Stock Investment Strategies For Beginners, Proven Stock Market Strategies, Stock Market Strategies That WorkThe easy way to meet the S&P 500 is to buy in a low-cost passive fund the mirrors the S&P 500. The easiest way to use cost averaging which simply means buying into a mutual fund(s), every pay period, one a month, or once a quarter. The idea behind these strategies is that you will be placed in an automatic system that will buy mutual funds at the peek and the bottom of the market to avoid emotional buying or selling.

How do you out peace the S&P 500? Is not to purchase high cost managed mutual funds, and second follow the advice of Joel Greenblatt which is a Professor at Columbia University and former fund manager, he states in his book The Big Secret for the Small Investor: The Shortest Route to Long-Term Investment Success that most of the top funds manager at one time was at the bottom. And there is no way to predict who will be the next Warren Buffet. He has developed a system of value index mutual funds based on the S&P 500 that are value based and are a better way to buy low and sell high. He states that the problem with the S&P 500 is how the system to purchases based on capitalization. Meaning that the top stock will have the highest weight, and the one ranked second will have the next highest value and so on and so on. Until one will get to the 500th position will be a very small part of the fund. Joel Greenblatt believes that is created and buy high and sell low buy strategies. Joel Greenblatt believes that a buying 1/500 of each stock would be a better system or one based on dividends or gross sales would be a better system then what we have today. And can produced 1-2% better than the S&P 500 and even better than some fund managers. On his website, he gives the mutual funds symbols that he recommends at
The next strategy is to have the greatest diversification of your US stocks, bonds, and international stock markets. Not just investing in the top 500 US stocks, but in the larger cap, mid cap and small cap stocks in Wilshire 5000 in encompasses the entire US stock market. This was developed by Burton Gordon Malkiel a Princeton professor in his book The Random Walk Guide to Investing: ten rules for financial success states this is the way to the greatest return.

All these strategies are a complete contradiction, with each other, but each one can be used for different personality styles and risk tolerances. The question one needs to ask is what ideology fits me the best? Am I willing to send a lot of time, some time, or no time reaching mutual funds, stock, and balance sheets? It is clear the Warren Buffett is the riskiest and the one that will gain the best returns. Joel is little less complex, and invest value will give you better returns over aggressive growth, over the longer term, and Burton Gordon. Malkiel will give you a chance to go autopilot and invest the most passive method. The risk is diversified, over the largest amount of stock or bonds. Burton Gordon. Malkiel ran simulations, showing it is a smart investment style. In his book Burton Gordon Malkiel The Random Walk Guide to Investing: ten rules for financial success states this is the way to the greatest return. States the mutual fund symbols and helpful list of allocation tables for different age groups.  

I personally see myself investing in all of these models when the market is down, I invest like Warren Buffet. When the market is flat or not producing great returns I am applying a value-based investing with great diversity. I do hold rather large low-risk fund(s), based on my age, waiting for the market to crash. I can’t tell you when the market will crash, but I am sure it will sooner or later. I still have a portion of my investment actually in stocks, mutual funds, bonds, & treasury inflation protected securities (TIF’s) . When the market gets too high I rebalance my trading account and the same is true when I see weakness in the market I rebalance once again. I am always looking for an opportunity to make a good return. No, one knows when the market will be at the top or at the bottom. But one knows when the market is priced fairly or slightly overvalued and when the market is undervalued. This is when a smart person makes their move. When the market is high move some of your investment to safe, and likewise when the market is weak move some of your investment to risk.  

Created by Derek P.  Bliedung
The Columbus Financial & Sucess Coach

Quote from David Joseph Schwartz

Think little goals and expect little achievements. Think big goals and win big success.
David Joseph Schwartz

Sunday, December 23, 2012

The Law of Attraction: The simple system of obtaining your dreams

The Law of Attraction: The simply system of obtaining your dreams

~All who call on God in true faith, earnestly from the heart, will certainly be heard, and will receive what they have asked and desired.
Martin Luther

This Law of Attraction, you can ask for anything you want and it will come to you like magic. I first learned about how you take control of your life by your thought sounds little out there. I was not a believer and was thinking how can this be true?  It is not logical.  But research shows many of the most successful people have reached their dreams by applying these very principles. In fact, most religions have a reference to the Law of Attraction.

How can you attract what you want by using your mind? The first step is to know what you really want in life. The hard part is many people have no idea what they want in life. You can use career coaching to help figure yourself out. There is a  host of personality tests, interest tests, and strength tests. This can be a good first step; also thinking about what you want in life. Talk to friends and family and ask them how do they see you? If you are still stuck out, what you want you can simply pray to the creator for help.  Don't be surprised if it comes not in a direct answer. But from a  different source to find the answer may be a mentor will appear or numerology or astrology ads will show up in your email or you will start noticing these type of ads.The numerology or astrology are metaphysical ways to be shown your direction in life. I don't mean just read your daily horoscope, but go for a personalized reading, that is tailor-made for you.

Some of the techniques are write down your goals and state them every day when you first wake up and before you go to bed. You want to have these positive affirmations in the present tense. I currently earn $100,000 per year, I work in my perfect job, I  have a date with the person of my dreams, etc. Also, use visual aids or just picture your self with what you want in your own mind. When you go to bed think about what it will be like to be working in a $100,000 per year job, also add feeling and emotions to the visualization. I found that praying is also very effective, way to speak to the universe with strong and full of passion and don't act passively. If you're using an aid of vision board please make sure it is round and not square or rectangle. The squared version of the vision board will bring you visions but not manifestation. I learned this from one of my mentors Connie Dohan.

You are going to have to think positively and rid yourself of negative thoughts. And be willing to help others, in donations and/ or civic duties. You have to give before you get a return. You have to create a  sense of plenty or abundance. So what if you just lost your job? It is very hard to think positively, but you have to try. But look at it as an opportunity for a better future. What else can help you out is to make sure you are eating healthy, working out 2-4 times per week. And there is a Ho'oponopono mediation of just saying “I love you”, “I am sorry”, “Thank you”, and “please forgive me”, over and over again in your head. This can heal you, as well as others. This is a cleansing process to help you attract what you want as well.

What is another part of this law of attraction is to follow your dreams what in life do you really want? And just do what you want, and go for it!  Use the techniques which I have stated before, read my other articles for ways to reach your goals.  One last note most law of attraction authors stated that you have to do nothing, But, Napoleon  Hill stated you have to meet the universe halfway, so start improving yourself by reading, listening to audio CDs, reading blogs, attending classes, seminars, etc.

The effect of all this is better harmony in life and better interaction with others. You will feel better will be stronger healthier and more positive. You will be the best you can be.

I have personally been using the law of attraction for 3 years and found myself reaching goals that I thought were impossible, but now is common for me to reach these new heights.  Our minds are powerful, and we need to tap into the untapped promotional of the human mind.
Author: Derek P. Bliedung
Columbus Financial & Success Coach
Reiki Master & Teacher 
Reiki Kabbalah Center  

Simple Money Management Tips: The power to get more with less and save for tomorrow

Simple Money Management Tips: The power to get more with less and save for tomorrow, save money, money management, cut expensive, lower expensive, budget, cost cutting,

I'm a master in thrifty living and how to use less money to buy more things. I will show you the secrets tat I have learned in the saving money management. My education has started when I was a young boy when my own mother was spending most weekends on Saturdays mornings and some afternoons looking at the bargain rack for the best deals at the local shopping mall department stores. You know that even today there is much money can be saved by checking the liquidation rack at the department’s stores every few weeks. I know who has time for that in this day of age? But there are a number of great discount stores that make it really to save without all the work. They are Marshals, where I did most of my Christmas shopping. Other stores included TJ Max, Shoppers World, and major department stores outlet centers. My mom has saved thousands of dollar in her lifetime. How much can you save with these money management tips?

You know the same type of savings can be done on food and other household items? For groceries, I personally shop at Aldi and Save-A-Lots are great places to check out. Also, Big lots and Olies Army have great deals on canned food, and dry goods too. Don't forget the decor items , some massive saving on that as well. I saw a Simmons Sofa at Big lots for $350 that is crazy cheap! Can you see why I can get so happy in ways the average person, can save cold hard cash! Another little money saving tip I have picked up, is buy as much of food shopping at Aldi,then head over to Krogers or Giant Eagle, for the fuel points saving. I am saving most months $35 off my fuel costs.

Why are you paying to listen to music and movies you can get custom stations on, Ihart radio, or borrow the music cd at your local library for free? Did you know that there some great services out there such as Netflix and Hulu plus, where you can get great TV programs, and movies, downloaded to your computer or to a media player that can be viewed on your TV?

You’re getting access to 10,000 of titles for less than $10 per month. And yes your library lends out movies too.Myth: You have to pay more for healthy foods? Healthy foods can be purchased in the form of whole natural foods. I can easily make healthily hearty meals rather inexpensive if I am willing to be creative and willing to cook and prepare my own the food. I know it is easy to fall into the traps of eating processed foods in form of just open the box and heat! It does take a little more time and efforts. But it is worth the effort to know you’re feeding your family something good and healthy. The longer-term results of feeding your family processed food is overweight, negative health effects, and loss potential. The cost of short term and long term effects are too high.

An easy way to reduce the expensive by 50% off restaurant food is to only eat half and bring the rest home, for another meal. I learned a trick from a local radio station on WNCI was to eat an apple before you go out to eat. The high fiber in the apple will fill you up and make you less hungry. Don't forget about coupons and the entertainment book.
Find out more ways to save on my website:
Author: Derek P. Bliedung
Columbus Financial  & Sucess Coach.

Wednesday, December 5, 2012

Quote of Paul Hawken

Motivational quote of the day by Paul Hawken Good management is the art of making problems so interesting and their solutions so constructive that everyone wants to get to work and deal with them.
~ Paul Hawken

Prepare a family budget for a month project

Diy financial planner guide: I have developed a free 15 steps to help you take control of your finances

Tuesday, December 4, 2012

Quote of Sun Tzu

He who is prudent and lies in wait for an enemy who is not, will be victorious.
~ Sun Tzu

Motivational quote of the day by Sun Tzu

How to make a personal financial plan

Do it Yourself Financial Planning in 15 Easy Steps: I have created a no cost 15 steps to help you take control of your financial situation. Written by Ohio's own financial guru Derek P. Bliedung the owner of Columbus Financial and Success Coach

Monday, December 3, 2012

Quote from Steve Jobs

Innovation distinguishes between a leader and a follower.
~ Steve Jobs
Investment Strategies by Age, List Of Investment Strategies

It should be simple to sell high and buy low. In fact us humans are not programmed to do that very well. We get too emotional about our investing, end up sell low and buy high. A fine example is in January 2018 the stock market is high and bitcoin is hot, try to avoid both. Warren Buffet would wait until both cools down before investing. I personally think we heading for a stock market crash and Bitcoin crash. The one that bought into it when it was cheap, and now sells are the smart investor, and the one that buys into when it is high is the Foolish investor.


Sunday, December 2, 2012

Ho’oponopono is a little known but extremely powerful self-transformation technique

Ho’oponopono is a little known but extremely powerful self-transformation, self-clearing, and, self Healing technique.

I have personally used this technique in my own life. And I felt negative energy leaving my body, after doing this for the first time. Since doing this over time 3-4 times a week, additional to positive affirmations, guided imagery, and following the teaching of the law of attraction. I have gained a scene of clarity, and better understanding what I want out of life.  The Ho’oponopono, the process is simply close your eyes, and say the following words over and over again to yourself for about 15-20 minutes.  Just say these simple but magical words, in a Mantra (saying them over and over again).
  • I Love You
  • Please forgive me
  • I am sorry
  • Thank you

If you want to solve a problem, no matter what kind of problem, work on yourself.
—Ihaleakala Hew Len