New Info Blog

There is an estimated 5.2 million commercial properties within the UK. The commercial property market expanded by over 32 per cent during 1990-2000 (according to the new products started) compared with the previous decade, in itself a decade of exceptional growth. Bank lending for commercial property deals rose by a record £7.7 billion in the first quarter of 2005, according to data provided by the Bank of England, and property experts believe the bulk of the new lending was for investment purchases.

There has also been a substantial rise in the number of investors looking to buy commercial properties to put into Self Invested Personal Pension Schemes. Property investment funds received a boost as of late last year after the Government announced plans to allow them to be included in an ISA (Individual Savings Account) wrapper.

Savers will now be able to add investments, such as property funds and funds of funds, that have previously been restricted from being included in ISA’s because the asset class did not feature on a European standard of eligible investments and commercial property funds are seemingly the greatest beneficiary of the rule change.

With this diversified interest in commercial property by investor, speculator and businesses alike the role of the broker has become a more integral part of the process. Increasing numbers of mortgage brokers have branched out into non regulated markets such as the commercial loan sector since Mortgage Day in late 2004 and subsequent involvement by the Financial Services Authority, interestingly 58 per cent of mortgage brokers claim profits are down since Mortgage Day.

Commercial lending is now not the preserve of the high street banks who, in the past, have not only seemed to cherry pick but have also had a tendency to only lend to their existing business customers. The result was that there are now over 1,200 commercial lenders currently operating within the UK.

The competitive market for commercial lending has also been confirmed by the rates available. There are also many other flexible options such as rolled up interest (No interest payments) for the first year to help with cash flow, start up finance, business expansion finance or even for finance on low yield investment properties.

Lenders will typically lend up to 80 per cent loan to value but 100% is achievable with additional security. Three years audited accounts are also now not the normal requirement as self certification of income has also found its way into commercial lending. Adverse credit clients are now considered and in the majority of cases loans approved. However self certification and bad credit applicants can expect a loading on the rate of typically between 1 to 4 per cent.

A cross section of business funding is available to retail businesses such as convenience stores, fast food outlets, specialist shops and supermarkets. Investment properties, professional practices such as accountants, doctors, vets and solicitors. Property development including speculative or pre-let for both commercial and residential. Offices and factories along with the health care sector including nursing homes, residential care and special needs homes. The leisure market has also been seen as the main stay for commercial lending over many years embracing hotels, guest houses, cafes, restaurants, wine bars and pubs.

Although latterly pubs have often sought brewery loans as a traditional way of borrowing money in the trade often referred to as Advance of Discount (AOD) or “Write Off” loans, the interest rates seem favourable at significant discounts over the banks but barrelage discount is affected and the repayment terms are often shorter over 10 years.

Lending on leasehold is also available up to 65 per cent on the security property (often the applicants main residence). With many businesses failing in the first year and business failure rates up 13 per cent in the first quarter of 2006 applicants must carefully consider whether they should be securing their main residence against the lease.

To calculate monthly charges use one of our many custom built calculators. Commercial loan applications, for both single and joint applicants, are processed on our own dedicated secure server.

Mortgage-Loan-UK is a premier resource for personal finance information along with an extensive collection of mortgage related calculators. commercial property finance is available to 100% with additional security along with non status and self certification lending, short term bridging loan facilities arre available with 2 day completion plans.

Tags: adverse credit, aim, Ally, Ast, Aud, avail, bad credit, bank, banks, bet, broker, business, cash, Cash Flow, cia, collectio, commercial, convenience, credit, current, dea, doctors, ears, expert, failure, failure rate, Fast Food, finance, finance info, finance information, financial, financial services, fit, Food, heir, home, Hotels, inc, informat, interest rate, Interest Rates, investment, investments, investor, investors, Irs, lenders, lending, loan, loans, Mai, market, markets, money, mortgage, mortgage broker, Personal, personal finance, Plans, profession, Profits, Prope, property deals, property investment, pubs, Rate, rent, repayment term, restaurants, Rsi, savings account, Solicitors, street banks, Supermarket, supermarkets, t pay, Target, tendency, Terms, Valu, writ, Yea

In general, borrowers shopping for a convenience store loan will be pleased with the number of options available to them. Including conventional, SBA and a few CMBS programs.

One of the biggest components to convenience store loans is whether or not the subject property offers gasoline. Basically any convenience store that offers gasoline will be classified as a gas station and borrowers should seek financing under that category. As a side note, we happen to be working with a borrower who had his convenience store loan in process. The over eager loan officer had it wrongly classified as convenience store(not as a gas station). As soon as the appraisal company came out to the facility and reported its finding to the funding bank the loan was immediately declined. This of course wasted $5,000 for the borrower and 3 months of his time.

C-Store Loans

In general, borrowers have three options for their c-store loan. Conventional, SBA and CMBS loans. SBA loans will normally provide the highest level of financing and some of the longest fixed rates for this building type. For example 85% loan to cost financing is common for convenience stores. Fixed rates can be for as long as 10 years. Don’t let the rumors about the SBA process scare you off as the SBA has done a lot in the last 3 years to improve their process. You should be able to close your loan in 45 days.

Make sure however that whoever the funding bank is, that they hold the PLP designation. What’s important about this for you is that the loan will only have to be underwritten one time. Versus working with a bank that is not PLP you will have to have the deal underwritten once by the bank THAN by the SBA. That’s where the 75 to 120 days to close horror stories come from.

CMBS loans also have some very strong options, like 80% financing and rates fixed for up to 30 years, yes 30 years. However, due to the subprime mess many of these options have become limited or expensive. But it is still very much recommended that you research these options as they maybe a great fit for your situation.

Conventional financing, i.e. a regular loans from your local bank, will normally provide the best rates, however they will normally have the most conservative underwriting and weakest terms. Fixed period rarely exceed five years with shorter amortization periods of 15 to 20 years for convenience store loans.

Jeff Rauth is President of Commercial Finance Advisors, Inc out of Birmingham, Michigan. He specializes in Commercial Real Estate Loans between $100,000 – $5,000,000. Offers unique loan programs such as Commercial Second Mortgages, Commercial 30 Year Fixed, 90% non SBA financing, Commercial Equity Loans. Call 248 885-8797 or visit commercial real estate loans or commercial loan brokers or commercial loan rates.

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You should if you want to take full advantage of a tax deduction many people overlook. The home office deduction allows individuals to deduct expenses that are not otherwise deductible such as utilities and homeowners insurance. There are certain requirements you must meet to have a home office, including:

You own a business (if you are an employee, you must meet the “for the convenience of the employer” test). You have an area set aside in your home used regularly and exclusively for specific administrative or management activities There is no other place of business where you conduct those activities

These requirements help you to determine whether the area used in your home is your principle place of business for certain business functions.

If you don’t think the area you use qualifies, you may just need to change the facts. Are there too many nonbusiness items in your office area? Move them to another room and you may qualify. Are you struggling to find business activities that you can do at home? Bookkeeping, billing and ordering supplies are just a few activities that are easily done from home.

Once you’ve determined that you have a home office and you would like to take the home office deduction, you need to track certain expenses.

Allowable home office expenses include:

- Utilities

- Mortgage interest

- Property taxes

- Homeowners and liability insurance

- Repairs and maintenance of office area

- Depreciation of office area

Deductions that do not qualify as home office expenses are items that do not relate to the home office such as landscaping and pool care. In addition, taxpayers are denied a deduction on a first phone line regardless of the level of business use. A taxpayer must have a second phone line to deduct telephone expenses, long distance charges and internet service.

Of course you can’t deduct 100% of these expenses. The expenses are allocated based on square footage or number of rooms in the house. In most cases, the number of rooms allocation yields a higher deduction, make sure your CPA calculates both numbers to maximize your deductions.

- What You Should Know About Home Office Deductions -

Home office deductions are allowed for areas used exclusively for the management and administrative duties of the business when these functions are not conducted in the principal place of business.

Prior to 1999, the IRS regarded the location of major business transactions, based on time usage, as the principal place of business. For example, sales conducted in customer’s homes disallowed the home office deduction, even if invoicing, bookkeeping and other management functions were conducted from the home. Now these responsibilities are accepted for home offices.

However, if multiple businesses are conducted from the home, separate office space should be allocated, or the entire deduction taken, in the most active business. This is particularly important where spouses each conduct business from the same home office space.

Home Office Requirements:

The home office must be an area in the home set aside and used regularly and exclusively as an office. No other fixed place of business can be used to conduct the same business regularly.
General expenses of your home are deductible in proportion to the business office percentage of your home. This can be measured either by square footage or by number of rooms, excluding bathrooms and hallways.

Certain home office expenses must be paid through your company, while others are personal expenses.

The following items should not be paid by your company:

- Mortgage expense and interest.

- Property taxes.

- Homeowners and liability insurance.

- Repairs and maintenance of the office space.

The following items should be paid through your company:

- furniture and fixtures purchased specifically for business purposes, whether stored in the home office or at another location.

- Separate business phone lines that are installed at the home office.

- Office supplies.

- Other items specifically used for the business.

The following items are not generally deductible:

- Landscaping and lawn maintenance.

- Pool care.

Tom Wheelwright is not only the founder and CEO of Provision, but he is the creative force behind Provision Wealth Strategists. In addition to his management responsibilities, Tom likes to coach clients on wealth, business, and tax strategies. Along with his frequent seminars on such strategies, Tom is an adjunct professor in the Masters of Tax program at Arizona State University. For more information, please visit http://www.provisionwealth.com

Tags: administrative duties, advantage, Ally, amp, Ast, Bookkeeping, business, Business Activities, ceo, cia, Coach, convenience, creative, Employ, Employe, Expenses, find business, Fre, furniture, home, inc, informat, insurance, Irs, lows, Mai, many people, mortgage, Mortgage Interest, oic, People, Personal, phone expenses, pool, principle, Prope, property tax, property taxes, proportion, Rate, Regard, Rsi, sales, sit, Target, Tax, tax deduction, Taxes, taxpayers, Wheel

You should if you want to take full advantage of a tax deduction many people overlook. The home office deduction allows individuals to deduct expenses that are not otherwise deductible such as utilities and homeowners insurance. There are certain requirements you must meet to have a home office, including:

You own a business (if you are an employee, you must meet the “for the convenience of the employer” test). You have an area set aside in your home used regularly and exclusively for specific administrative or management activities There is no other place of business where you conduct those activities

These requirements help you to determine whether the area used in your home is your principle place of business for certain business functions.

If you don’t think the area you use qualifies, you may just need to change the facts. Are there too many nonbusiness items in your office area? Move them to another room and you may qualify. Are you struggling to find business activities that you can do at home? Bookkeeping, billing and ordering supplies are just a few activities that are easily done from home.

Once you’ve determined that you have a home office and you would like to take the home office deduction, you need to track certain expenses.

Allowable home office expenses include:

- Utilities

- Mortgage interest

- Property taxes

- Homeowners and liability insurance

- Repairs and maintenance of office area

- Depreciation of office area

Deductions that do not qualify as home office expenses are items that do not relate to the home office such as landscaping and pool care. In addition, taxpayers are denied a deduction on a first phone line regardless of the level of business use. A taxpayer must have a second phone line to deduct telephone expenses, long distance charges and internet service.

Of course you can’t deduct 100% of these expenses. The expenses are allocated based on square footage or number of rooms in the house. In most cases, the number of rooms allocation yields a higher deduction, make sure your CPA calculates both numbers to maximize your deductions.

- What You Should Know About Home Office Deductions -

Home office deductions are allowed for areas used exclusively for the management and administrative duties of the business when these functions are not conducted in the principal place of business.

Prior to 1999, the IRS regarded the location of major business transactions, based on time usage, as the principal place of business. For example, sales conducted in customer’s homes disallowed the home office deduction, even if invoicing, bookkeeping and other management functions were conducted from the home. Now these responsibilities are accepted for home offices.

However, if multiple businesses are conducted from the home, separate office space should be allocated, or the entire deduction taken, in the most active business. This is particularly important where spouses each conduct business from the same home office space.

Home Office Requirements:

The home office must be an area in the home set aside and used regularly and exclusively as an office. No other fixed place of business can be used to conduct the same business regularly.
General expenses of your home are deductible in proportion to the business office percentage of your home. This can be measured either by square footage or by number of rooms, excluding bathrooms and hallways.

Certain home office expenses must be paid through your company, while others are personal expenses.

The following items should not be paid by your company:

- Mortgage expense and interest.

- Property taxes.

- Homeowners and liability insurance.

- Repairs and maintenance of the office space.

The following items should be paid through your company:

- furniture and fixtures purchased specifically for business purposes, whether stored in the home office or at another location.

- Separate business phone lines that are installed at the home office.

- Office supplies.

- Other items specifically used for the business.

The following items are not generally deductible:

- Landscaping and lawn maintenance.

- Pool care.

Tom Wheelwright is not only the founder and CEO of Provision, but he is the creative force behind Provision Wealth Strategists. In addition to his management responsibilities, Tom likes to coach clients on wealth, business, and tax strategies. Along with his frequent seminars on such strategies, Tom is an adjunct professor in the Masters of Tax program at Arizona State University. For more information, please visit http://www.provisionwealth.com

Tags: administrative duties, advantage, Ally, amp, Ast, Bookkeeping, business, Business Activities, ceo, cia, Coach, convenience, creative, Employ, Employe, Expenses, find business, Fre, furniture, home, inc, informat, insurance, Irs, lows, Mai, many people, mortgage, Mortgage Interest, oic, People, Personal, phone expenses, pool, principle, Prope, property tax, property taxes, proportion, Rate, Regard, Rsi, sales, sit, Target, Tax, tax deduction, Taxes, taxpayers, Wheel

The island’s north side is the first place that tax to mind when looking for apartments in Hong Kong. It is certainly the most well known area with its famous skyline of buildings bearing the names of the world’s largest companies. Still today, between these architectural gems and business power centers, run old trams and until recently, even rickshaw drivers… throwbacks to a bygone era.

If your company has itself a sought after address on the north side of the Island, then the first place to look for an apartment in Hong Kong is among the many buildings on offer here.

If you’re traveling solo, or as a couple without kids, then a rental apartment in the area bounded by Sheung Wan, Causeway Bay and the Mid-Levels is a great place as you’ll have maximum convenience with public transport, work and nightlife all within easy reach.

To keep the budget under tighter control you could look at rental apartments further out from Central, to the west around Kennedy Town or tax towards Chai Wan. Renting a Kennedy Town apartment will keep you within a short taxi or bus ride of Central, whereas a Chai Wan apartment is convenient to the eastern most stop on the MTR line. Both are still convenient, just with less Expatriates around- keep in mind that not all Hong Kong grocery stores are created equal.

As a couple with children, you’ll probably tend more toward apartment rentals in Mid-Levels and Happy business depending on your size requirements and preferences. All still on the north side of Hong Kong island, only a little more Expat and family oriented.

Keep in mind though that some of the apartments in these areas will not have balconies, car parking or outdoor areas (top floor apartments may have roof access). You may have a gym included in the apartment building. Pets may or may not be allowed depending on the property owner or building regulations, and you’ll find the only places to exercise a larger dog being the walking trails up to the Peak.

Looking for space and the budget is not a factor? Then include The Peak in your search. Long famous as the most luxurious real estate in Hong Kong you will find many spacious villas and apartments in this area. Views, carparks, and all the trimmings you would expect from the most sought after location for Hong Kong apartments.

Once you have decided on a location or two, you need to know how the local market works. You will find this and other important information, including rental listings, available in our Hong Kong Apartments section. ExpatFlats also invites real estate agents and property owners looking for an easy way to market to the Expat community to test drive a free account at http://www.ExpatFlats.com
James Dylan is the managing director of ExpatFlats Limited, Hong Kong’s leading independent property portal.

Tags: Apartment, apartment building, apartment rentals, architectural gems, Ast, avail, Bearing, bet, Budget, bus ride, business, business power, causeway bay, Control, convenience, Coul, expatriates, floor apartments, Fre, Gems, Grocery Store, Grocery Stores, hong kong, Important Information, inc, informat, Irs, kennedy town, market, maximum convenience, mmi, outdoor areas, Prope, property owner, property owners, Real Estate, Real Estate Agent, rent, rental apartment, rental apartments, rickshaw drivers, rivers, s real estate, Searc, sheung wan, Target, Tax, Travel, traveling solo, walking trails, work

When you present a credit or debit card for authorization at a hotel, the automated system obtains the estimated departure amount and your bank ‘holds’ this amount awaiting a matching charge. This prevents you from overspending your limit (if you are too close to it) and allows your bank to manage your balance more accurately. Frequently, guests decide to pay by cash or another credit card upon check-out and are shocked when they check their automated systems within hours or days and they see what appears to be a ‘charge’ for the hotel stay even though they paid cash. This is not a charge, it is YOUR bank reserving the amount obtained business the authorization process and ’saving’ it for the hotel. After anywhere from 7-14 days, this ‘charge’ will disappear and your credit limit increases by the amount originally ‘held’. Yes, if you are close to your limit, you will probably not be able to use that card until the bank removes the hold on that amount. If you are not close to your limit, it will not matter.

The same thing happens when you rent a car. Even if the estimated charge is only $110.00 for a 2 day rental, almost ALL car rental companies obtain a hold of up to $500 (in casing you decide to keep the car for a week or damage it.) Again, this comes out of your credit limit but is NOT a charge made by the rental company. Neither they nor hotels can ‘reverse’ the hold – it is a function of your bank and up to the bank to return that amount to your credit line. Many bank employees will not tell you this and they tell you to contact the business that obtained the hold to reverse it. Again though, the hotel never charged the amount to start with, so there is nothing they can return to your credit limit. Perhaps some day it will be possible for hotels to release hold authorizations and maybe even now it is possible on more sophisticated systems that I am unaware of. In this day and age of technology, I would be surprised if it wasn’t already possible but there are still too many small or tax hotels and motels that cannot afford the sophisticated systems so this inconvenience may be here in some form for years.

The best way to avoid this is only present the card you are sure you will use upon check out. Or have sufficient credit available that it doesn’t matter whether there is a hold or not. Be especially careful about using debit cards too, as this will come out of available cash for 7-14 days. Car rental companies generally require a credit card because they do not want to hold up to $500 from a checking account.

Keep in mind that sometimes you pay a credit card bill upon departure for a vacation and try to use the card within days only to have the bank deny the authorization because your payment has not been credited and the authorization would put you over the limit. It is frustrating to know you can’t use the money in the bank OR the credit card too because of the in-transit payment, so it pays in these cases to have MORE than one credit source or to just pay cash up front and be done with it.

David C. Reynolds is a longtime veteran of the Hotel business who offers common sense, money saving advice on how to find rooms, booking hotels as cheap as possible, travel and ground transportation tips, understanding reviews and occasional destination ’specials’. If you would like a free copy of his e-book (or MP3) Hotel Reviews: Finding and Understanding or see more travel tips, go to his blog at http://www.bookhotelscheaper.com and sign up in the box on the top right. For his comprehensive book “Travel Tips and Advice”, go directly to http://www.cheaphotelforyou.com/TravelTips.htm and order the ebook or MP3.

Tags: advice, Ally, Automated System, automated systems, avail, bank, blog, business, cards, cash, Cheap, checking account, cia, common sense, contact, convenience, credit, Credit Card, Debit Card, Debit Cards, E Book, ears, ebook, Employ, Employe, Fre, heck, heir, hotel business, Hotels, inc, lows, Match, met, money, money saving, Overspending, Rate, rent, review, sit, Smal, surprise, t pay, Target, Tax, tips, Travel, Yea

Travelers on business or vacation can get some tax the best tax at the many cheap Toronto airport hotels around the Toronto Pearson International Airport, Canada’s busiest airport. Anybody looking for the best options in hotels in Toronto have the choice of amazing discount rates and can avail of instant reservations all made efficiently and easily through servers committed to making your transaction quick and secure. Catering to clientele traveling to Toronto from all over the world, these hotels assist the traveler through efficient online self-service reservation services right from planning their trips, providing information on airport services to booking rooms and scheduling other services as well.

The traveler has an entire array of cheap Toronto airport hotels to choose from across all categories, for all budget types, for business travel as well as for family vacations. Even last minute reservations, change of plans and schedules, and extended stays are given as much attention as any regular transaction and all transactions are handled efficiently and professionally so no weary traveler is left disappointed. Most of them cater to all requirements that a traveler to Toronto may need like terminal maps, information on airport parking, airport security measures and procedures ad much more.

The reservation processes at some of the cheap Toronto airport hotels is extremely customer friendly and convenient. A unique concept of Park-Sleep-Fly has been floated by a few airport hotels near the airport that promise to ensure the traveler is not bogged down by rush hour traffic and concerns of possible missed flights by offering good deals to those who are either flying in or flying out of Pearson International Airport especially at odd hours. What’s more, you get to save money by booking a hotel room and parking together for one low price. Of course, some hotels also offer parking complimentary. Most of these hotels are located within a few short miles of the airport making them easily accessible to travelers.

Business travelers visiting with families also benefit additionally from getting easy access to other facilities like a golf course, Water Park, a casino and other entertainment centers located nearby where the family can relax while the executives attend to business. Of course some hotels do have excellent in-house facilities as well like spas, indoor pools, internet access and do cater to all types of leisure activities .For those who consider pets as family, most of these cheap Toronto airport hotels are pet friendly and allow you to use the facilities provided to ensure your pet gets pampered too. Most hotels are located close to the major highways leading into downtown Toronto.

Some of the better hotels even offer indoor and tax malls and other forms of nightly entertainment so those who are not really up to venturing out can opt for the convenient facilities that these hotels have to offer. With everything that these hotels have to offer in terms of luxury, convenience, variety and most of all affordability to all categories of travelers, these cheap Toronto airport hotels is the preferred choice for almost all visitors to Toronto.

Resource site for information on cheap Toronto airport hotels, Oceania discount cruises and other travel related information.

by D. Karlson

Tags: affordability, Ally, amp, Array, Ast, avail, Benefit, bet, bett, Budget, business, business travelers, Cheap, cia, compliment, convenience, dea, ears, family vacation, fit, Fri, heir, hotel room, Hotels, indoor pools, informat, last minute, leisure activities, Map, measures, mmi, money, oic, Plans, pool, profession, promis, promise, Rate, relax, rips, Rush, security measures, sit, sleep, Target, Tax, Terms, traffic, Travel, vacations, variety, water park

The Beachcomber And Havasu tax Resorts Offer Much To Make Your Vacation Complete!

When planning a vacation in the Lake Havasu area, you will be delighted to find that there are several different lodging options available. Two such options are Havasu Landing and the Beachcomber Resort in Lake Havasu. Either locale will provide an unparalleled vacation experience.

Havasu Landing is a popular choice among many vacationers. With so much to do and with such beautiful year-round weather, Havasu Landing and the Lake Havasu area can provide the vacation you’ve been longing for.

This is because this beautiful resort offers…

* Panoramic views business Lake Havasu City from the California side* An exciting waterfront casino* Boat launch ramp* Private boat docks* Comfortable and convenient mobile homes

Whether you want to enjoy time on the tax or you want to take in some excitement in the casino, you will find it all! This resort is one of the top in the Lake Havasu area, and for good reason. You’ll find a wonderful resort experience waiting for you.

The Beachcomber Resort has plenty to offer. For example, this facility offers…

* Mobile homes and park models
* A waterfront location on the lake, directly across London Bridge
* Spectacular lake views
* Shimmering swimming pool and spa
* Private launch ramp
* Boat docks

What more could you ask for in a vacation? Experience the beautiful Lake Havasu area, temperate climate and the many recreation options waiting for you! Virtually any age will enjoy this incredible area – and the wonderful accommodations only make your stay even more pleasant.

The Beachcomber Resort in Lake Havasu and the Havasu Landing are just two of the many fine resorts that will provide you with an unbelievable vacation experience!

Since the late 1960’s we have been enjoying the pristine beauty of the Colorado River where it runs through Arizona and California. Today we offer the finest privately-owned homes, condos, and mobile homes, rented directly by the owners. Enhance your stay with the convenience of a private residence and the luxuries of home. Learn more by visiting our site at http://www.havasuvacationliving.com

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Are you driven by money? Really? Or are you like the majority of people who have mixed emotions when it comes to the subject of money. If you ask most people they will tell you money means fun, freedom, and a fantastic lifestyle. But if you probe a little deeper you also get answers like, “money is the root of all evil”, or the source of envy or something to be ashamed of. If you are in this majority of people who have mixed emotions towards money then the chances are you don’t have much more than you absolutely need, or your fortunes go up and down.

So do you think you would have more money if you could change these mixed emotions that money is both a source of good and of evil? You bet! Because emotion is the source of all motivation in people. So if you want more money you have to start with yourself and get to see money as a driving force for good in the world.

So how do you do this? And therefore change your feelings towards money and hence make it easier to amass more?

From my own experience, this is a tough call because it’s a fact that whilst people are driven by positive emotions towards things, they are also even more driven by negative emotions. In other words, it seems to be that people will generally do more to avoid the pain of negative associations than to enjoy the pleasures of their positive emotions.

So “Tell me!”, I hear you say, “How can I change easily so that making money becomes a total blessing rather than tinged with guilt?”

Let’s start with the simple question: “What is money?”

• Well, let’s go back to imagine how it all started. Thousands of years ago, people were hunter/gatherers. That is, they hunted for food or foraged for the fruits of the earth. They didn’t have need of money to live.
• Now at some time I imagine that the hunter may have had excess meat and wanted to swap some meat for, say, some fruit of a neighbor of his (of course, I am using “he” instead of “she” for convenience only). This is a simple barter and again has no recourse to the use of money.
• Then again, since the world is full of variation, there was an instance when the hunter with his excess meat wanted to exchange it for something that was not currently available, for example, for some fruit on the tree of a neighbor that had not yet ripened. So in exchange for the meat, the hunter accepted a promise of some fruit from his neighbor for delivery in the future. It is this promise of value that is the basis of modern day money.

Look again at what is described above as being the meaning of money. It is based on a promise from his neighbor. It requires trust. It requires a relationship. It requires communication with the neighbor for the relationship to exist. In fact, it is the very use of money that creates this relationship with the neighbor.

The key then is to realize that “money can create relationships” or “money is a relationship builder”. This is a very important description of money, because it can completely change the way we view money and develop our emotions towards money. For example, when you go to a market and simply look around you are unlikely to really relate to many of the market stall holders. But suppose you purchase something, then you will create a relationship with that stall holder, and you may well encourage the nearby stall holders to talk to you too so they can sell their wares too.

Seeing money as a creator of certain types of relationships then can have a profound impact on how you view money. It means that the more money you spend the more relationships you can create. That is why people who have a lot of money and who spend a lot of money have such fantastic and free lifestyles. They are contributing to the prosperity of those around them and creating a dynamic and enjoyable environment.

There are many references in the bible to the holding and the use of money. The one that immediately springs to mind is the story of the 10 talents. In this a rich merchant is going away for a long time and he entrusts differing amounts of money (talents) to each of 3 servants. On his return, he questions each of the servants to find out what use they made of the money. The outcome is that the man entrusted with the most money (10 talents) is praised for using it and turning it even more money, whilst the man with the least money (1 talent) is castigated simply because he just looked after the money to keep it safe and didn’t grow it instead into more.

This is a very powerful message. It says that not only is money a good thing to have and to own, but also it needs to be kept in use and in circulation and not simply hoarded.

In conclusion then, it is my experience and opinion that if you can change your mind-set to accept that having and using money is a positive experience then you will attract money to you. There are many examples and books that describe this but very few of them show you how money can be a positive motivator. To me, money is a relationship creator and a relationship builder rather than having any negative connotations. Money is a force for good in the world and drives the prosperity of the world.

So I repeat, What is money to you? Does your opinion of money support your goals or hinder them? Attaching these positive emotions to money will provide the basis for a more prosperous future.

Peter Draper is an executive coach – providing systematic coaching support for successful people. Further information available from http://www.linkedin.com/pub/5/98b/894

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If you recently experienced major financial problems, it might be a good idea to consider filing Quotes bankruptcy. If you are seriously considering filing for personal bankruptcy, then you should at least know what the steps are for filing personal bankruptcy and getting fast relief from your financial troubles.

The first thing you have to do is to organize all your personal financial information. They would include all your secured and unsecured debts, deeds to your real estate properties, tax returns, car titles and other documents that might be relevant to your finances. For more convenience, you can get your full credit report.

After making sure you have all the important financial documents with you, you will have to complete personal bankruptcy forms. The forms will actually describe your present financial situation and most recent transactions. At this point, you can hire Arizona bankruptcy lawyers or Phoenix bankruptcy lawyers to make sure you answered each question on the form correctly and decide on which type Photos personal bankruptcy to file, a Chapter 7 bankruptcy or Chapter 13 bankruptcy.

A Chapter 7 bankruptcy will leave you with no assets but all your debt will be wiped out. On the other hand, if you file for a Chapter 13 bankruptcy, you get to keep all your exempted assets and pay your creditors within a period of 3 to 5 years under the supervision of the bankruptcy court.

If you want to file for a Chapter 13 bankruptcy, you will have to submit a repayment plan proposal together with your petition. You will have to pay a filing fee: $200 for a Chapter 7 bankruptcy and $185 for a Chapter 13 bankruptcy. Once the personal bankruptcy petition is filed, all your creditors are prohibited from contacting you and staking claims to your assets. One month after, you and your Arizona bankruptcy lawyers or Phoenix bankruptcy lawyers will be summoned for a meeting with your creditors to negotiate and answer questions. A compromise should be reached and if not, the bankruptcy judge will likely to mediate. If an agreement is reached, you should expect a notice from the bankruptcy court after four to six months, discharging the personal bankruptcy.

Completion of a personal bankruptcy will give you a chance to begin with a clean Photos You can start re-building your life, making sure that you have learned from such an experience.

Natalie Aranda writes about family, monet and finance. If you are seriously considering filing for personal bankruptcy, then you should at least know what the steps are for filing personal bankruptcy and getting fast relief from your financial troubles. Arizona residents can hire Phoenix Arizona bankruptcy lawyers to make sure you answered each question on the form correctly and decide on which type of personal bankruptcy to file, a Chapter 7 bankruptcy or Chapter 13 bankruptcy.

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