Money Making Schemes

Nagesh answers:

1. Government moves the interbank loan rate to historic lows, cheap cash becomes available to lenders.
2. Mortgage Lenders like Country Wide borrow cash at cheap rates to lend it back out to as many home borrowers as possible, ignoring inability of many to repay loans.
3. Wall Street firms like Bear Stearns package these mortgages into Mortgage Backed Securities (MBS) and sells them to their clients. They also buy billions of dollars of MBS themselves. Speculators trade MBS and CDS options.
4. The risk of holding the mortgages has been transferred from the lenders to investors, the lenders continue to give out shaky mortgages with little risk to themselves.
5. Availability of mortgages causes Demand for housing to jump, prices adjust and rise as well. Some people jump into real estate speculation, borrowing money on interest only mortgages expecting to flip the house as prices continue to rise.
6. Borrowers have trouble paying their mortgage even under initial rates because they couldn’t afford it in the first place. They fall behind in their payments. Rates begin to adjust higher which causes more late payments and eventually foreclosures.
7. Demand for housing drops, prices drop with it.
8. Homeowners now are stuck with mortgages that are significantly greater than the value of their home. The banks seeing their loan collateral (the house itself) is worth less must increase interest rates further. This cycle feeds on itself causing more and more delinquencies and foreclosures.
9. Housing prices continue to fall, speculators strategy has backfired on them.
10. The MBS that Wall Street created, sold or held are quickly deteriorating in value. Panic ensues and causes sell offs which further push the prices down.
11. The credit market goes into shock because of losses from these securities and from rising Credit Defaults of Bond issuers who were tied to these events. Credit dries up.
12. Without the ability to borrow at cheap rates corporations must reduce growth or begin to scale back. Layoffs are part of the strategy.
13. Less people now have jobs meaning more will go delinquent or foreclose on their homes continuing to push down housing prices and increase home mortgage interest payments for the rest.
14. All the rising demand for commodities causes high inflation reducing consumer buying power further and reinforcing the cycle of delinquencies, foreclosures and interest rate hikes.

Nagesh answers:

General Strategies on Saving Money and Earning More Money

Save as much money as you can! You’ll be surprised as to how quickly you can save a lot of money!

Here are a few suggestions:

Ways To Save Money & Ways To Earn More Money (Updated on 08/13/2010)

Don’t go out to eat. Example: don’t eat out at fancy, high-class restaurants. Instead, eat at a fast food restaurant or cook a healthy meal at home. It is much cheaper than the alternative.

If you are a teen or a young adult, you might want to hold a bake sale. You can have your other friends help you out, so that you can help attain your goal of saving and/or making more money.

If you have a habit of buying new clothes very often, then resist the urge to buy new clothes for a little while. You could potentially save a good amount of money.

Take personal finance courses online or at a high school or college/university.

If you are a teen or a young adult, you may want to have a dog-walking service.

To help you manage your money, try http://www.mint.com/

Talk to a customer service representative at a bank or other financial institution and learn more about financial instruments.

Don’t go out to watch new movies in theaters. Watch movies on your TV at home. Rent movies using Netflix.

If you are a teen, you may want to think about babysitting. You can babysit your neighbor’s children.

Don’t spend too much money when going out with friends. Have a budget in mind before you actually meet up with your friends.

If you are a teen, you could try to mow the lawn. Many of your neighbors probably want their lawns to be mowed at a fraction of the price that they pay others to do the same work.

Invest your money in a CD (certificate of deposit). You can hold your money in a CD for 6 months or even a year. It generally pays more interest than the interest you get from a traditional savings account from a bank.

If you are a teen, do chores around the house. Your parents will appreciate it and you might get some money for it.

If you like to invest your money in the stock market, then you may want to invest your money in a commodity, such as gold. The value/price of gold is expected to increase in the future.

If you are a teen, then make sure to save the money that you get from your allowance (if you get an allowance).

If you like to invest your money in the stock market, then you may want to invest your money in specific large-cap and medium-cap companies that you trust. Apple (Stock Symbol: AAPL) and Google (Stock Symbol: GOOG) are two such stocks where you can choose to invest your money.

Try to sell something of value that you are willing to part with. Sell your old stuff on websites where many people make purchases, such as ebay or craigslist. You could also sell your stuff through a garage sale or a yard sale.

Try to hold a donation drive where your family, close friends, neighbors, and other acquaintances will be able to help you out and donate a little bit of money. These people will include your parents, brothers, sisters, close friends, relatives, grandparents, neighbors, and other acquaintances.

If all else fails, borrow money from other people (parents, brothers, sisters, close friends, relatives, grandparents, neighbors, acquaintances, etc.) in order to get a short-term loan.

Nagesh answers:

General Strategies and Techniques on Saving Money and Earning More Money

Save as much money as you can! You’ll be surprised as to how quickly you can save a lot of money!

Here are a few suggestions:

Ways To Save Money & Ways To Earn More Money (Updated on 08/14/2010)

Don’t go out to eat. Example: don’t eat out at fancy, high-class restaurants. Instead, eat at a fast food restaurant or cook a healthy meal at home. It is much cheaper than the alternative.

If you are a teen or a young adult, you might want to hold a bake sale. You can have your other friends help you out, so that you can help attain your goal of saving and/or making more money.

If you have a habit of buying new clothes very often, then resist the urge to buy new clothes for a little while. You could potentially save a good amount of money.

Take personal finance courses online or at a high school or college/university.

If you are a teen or a young adult, you may want to have a dog-walking service.

To help you manage your money, try http://www.mint.com/

Talk to a customer service representative at a bank or other financial institution and learn more about financial instruments.

Don’t go out to watch new movies in theaters. Watch movies on your TV at home. Rent movies using Netflix.

If you are a teen, you may want to think about babysitting. You can babysit your neighbor’s children.

Don’t spend too much money when going out with friends. Have a budget in mind before you actually meet up with your friends.

If you are a teen, you could try to mow the lawn. Many of your neighbors probably want their lawns to be mowed at a fraction of the price that they pay others to do the same work.

Invest your money in a CD (certificate of deposit). You can hold your money in a CD for 6 months or even a year. It generally pays more interest than the interest you get from a traditional savings account from a bank.

If you are a teen, do chores around the house. Your parents will appreciate it and you might get some money for it.

If you like to invest your money in the stock market, then you may want to invest your money in a commodity, such as gold. The value/price of gold is expected to increase in the future.

If you are a teen, then make sure to save the money that you get from your allowance (if you get an allowance).

If you like to invest your money in the stock market, then you may want to invest your money in specific large-cap and medium-cap companies that you trust. Apple (Stock Symbol: AAPL) and Google (Stock Symbol: GOOG) are two such stocks where you can choose to invest your money.

Try to sell something of value that you are willing to part with. Sell your old stuff on websites where many people make purchases, such as ebay or craigslist. You could also sell your stuff through a garage sale or a yard sale.

Try to hold a donation drive where your family, close friends, neighbors, and other acquaintances will be able to help you out and donate a little bit of money. These people will include your parents, brothers, sisters, close friends, relatives, grandparents, neighbors, and other acquaintances.

If all else fails, borrow money from other people (parents, brothers, sisters, close friends, relatives, grandparents, neighbors, acquaintances, etc.) in order to get a short-term loan.

Nagesh answers:

Hi Kara, I got some ideas for you to make money and i hope you get all the money you want with these ideas.Plus i hope if you apply one of these ideas then its possible you could get a job in the future with these ideas, instead of very low paid mc donalds job , i really hope you can avoid going there.

Also you could go to a golf club and ask to be trained as a caddy,even girls can be caddys and this is an ok job.Also ask if you can work as a volunteer and learn that way, untill you get a paid job with them later on .You can also try dog walking/dog washing/caring for cats/kittens and maybe you can even learn to sew and make the cute clothes for them.Get tuition from parents/grandparents/sewing teacher/or any neighbours who can teach you.Another idea apart from all that are listed below is you can HOUSE SIT, for friend/neighbours if they are going on holiday or away for awhile,you can look after there house or flat while they are away and get some money for it, i use to do this and got good money.Please get your parents permission before doing this please.Anyway i will put the other ideas in point form for you.

1 Baking food and selling it to friends or neighbours,or the elderly people and you can get tution at community centres,or from parents,or a quick course at college.Make pom poms and learn to sew clothes you can make money buy selling them,get tuition from people who know like grandparents,home economics teacher,etc.
2. Lawnmowing.You can ask the neighbours or anyone in town if they would like you to mow there lawn.If they got a lawnmower you can do it.You can get money and ok job.
3 Gardening( just basic stuff like pulling up weeds and plant seeds,etc its very easy when shown how to do.You can do this for the elderly people they would appreciate it/ but try to find the elderly or older people who are not mobile/have trouble doing this work and then they can give you a paid job.
4 Honey collecting.Ask neighbours or people in the town if they keep bees and collect honey. If you have NO Fears of bees stinging you, you can collect honey from peoples bee farms.You can request the head gear and gloves so you will be ok if careful.But if scared please dont attempt this.
5.Aluminium can collecting, If you collect lots of aluminium cans and crush them and fill them in sacks you can take them to a recycling depot and get money for them, i used to do this a long time ago.If you dont have a recycling depot in your town try to ask for the nearest town that has one,Look then up online. If none then you might have to travel to get to nearest city with parents or if your old enough then you can make your own way to nearest depot.
6. Online games.Give your opinion about playing games online.IGo to google and then find a free to enter website that lets you download games and then you play them, give your opinion of them and get paid.
7.House/Flat cleaning, just very basic cleaning for neighbours , mopping dusting, vacuuming etc, if you think this is too hard work or dont like it etc there are other options.
8.Coach cleaning. Cleaning seats and interior of coaches /buses if you know the local bus/coach depot ask them if they can give you a little paid work to clean them.
9. Online surveys, Some companys pay some money to fill out surveys online.It could be just for anything like giving them your opinions on foods,make up, or any other survey.Its easy to do.PLEASE ONLY CHOOSE FREE TO ENTER SURVEYS AS OTHERS COULD BE SCAMS , JUST TO BE SAFE GO FOR FREE TO ENTER ONLY.
10. Collecting antiques. Ask your parents or neighbours or anyone if they have very old antiques, or old statues,old paintings or anything else they dont want,and once you got some you can take them to the antique shop and sell them.
11.Sell your things to the Second hand stores. If you have anything good you collect and that you can let go of and wish to sell like records,cds,tapes, or anything of value you can get money for them.
12 Garage sale. Similar to number 11, sell your stuff on a table outside your home and get some money.But only the stuff your willing to let go of, must be good quality though and nothing broken etc.
13.Rare Butterfly Collecting . This is an odd job and can be hard to get money with, but you can. All you need to do is buy a net with a long handle attached to it. And go outside and catch butterflys in the net,then put them in a jar with holes in the lid so they can breathe. BUT TO GET MONEY FOR THIS YOU MUST FIND THE RARE TYPES OF BUTTERFLYS AND IF YOU DO CATCH THEM YOU CAN GET VERY BIG MONEY. IF YOU DONT KNOW WHICH BUTTERFLIES ARE THE RARE ONES, GO TO THE LOCAL LIBRARY AND GET A BOOK ON RARE BUTTERFLIES. OR LOOK THEM UP ONLINE.ONCE YOU FIND A RARE BUTTERFLY LOOK UP ONLINE FOR BUYERS OF RARE BUTTERFLIES.
14. Window cleaning. You can clean windows for the old people in your area or the neighbours etc.and make some money.
15. Online Competitions or Online Games . There are many online just type paid competitio

Nagesh answers:

Hello I work part-time at home doing surveys and showing others how to make money with them if your interested send me a email from a email address other then Yahoo Answer and I’ll send you a link russ36@bellsouth.net Thank you ( it’s FREE