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Saturday, November 8, 2008

Reacing Tipping Point - Join the #1 Opportunity in the UK

To quote someone who now far more about this than I..

"We have the best opportunity in the UK, the best company, and fantastic momentum. The economy is in our favour, just today I heard that house prices are down 17% on the year and re-possessions up 71%, banks refusing to pass on base rate cuts, 1 in 4 companies are preparing to lay off staff, 3 million mortgage owners face the possibility of negative equity! Get in there and share what a great fantastic opportunity we

have because it is the greatest, and people need it more than ever!


In the latest career opportunity slides we say that we can save an average householder £855 a year, that’s a massive £70+ a month, what a saving, how many families could do with that right now?? A lot.

The average working person in the UK faces massive uncertainty, about their job, future prospects, and ability to pay their debts, on the whole they are depressed about their future and probably not expecting a pay rise!"

Instead of being buffeted by the winds of change in the financial markets. Take control of your future with a 'credit crunch' proof business!

If want to be in control of your future call Juswant Rai right now on 07917 105134 or email him on juswant.rai@gmail.com

http://www.extrapaynow.com

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Thursday, November 6, 2008

Base Rate Cut to 3%

The Bank of England's Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves to 3.0%.


Since mid-September, the global banking system has experienced its most serious disruption for almost a century. While the measures taken on bank capital, funding and liquidity in several countries, including our own, have begun to ease the situation, the availability of credit to households and businesses is likely to remain restricted for some time. As a consequence, money and credit conditions have tightened sharply. Equity prices have fallen substantially in many countries.

In the United Kingdom, output fell sharply in the third quarter. Business surveys and reports by the Bank's regional Agents point to continued severe contraction in the near term. Consumer spending has faltered in the face of a squeeze on household budgets and tighter credit. Residential investment has fallen sharply and the prospects for business investment have weakened. Economic conditions have also deteriorated in the UK's main export markets.

CPI inflation rose to 5.2% in September. The substantial rise since the beginning of the year largely reflects the impact of higher energy and food prices. But commodity prices have fallen sharply since mid-summer, with oil prices down by more than a half. Inflation should consequently soon drop back sharply, as the contribution from retail energy and food prices declines, notwithstanding the fall in sterling. Pay growth has remained subdued. And measures of inflation expectations have fallen back.

Since the beginning of the year, the Committee has set Bank Rate to balance two risks to the inflation outlook. The downside risk was that a sharp slowdown in the economy, associated with weak real income growth and the tightening in the supply of credit, pulled inflation materially below the target. The upside risk was that above-target inflation persisted for a sustained period because of elevated inflation expectations. In recent weeks, the risks to inflation have shifted decisively to the downside. As a consequence, the Committee has revised down its projected outlook for inflation which, at prevailing market interest rates, contains a substantial risk of undershooting the inflation target. At its November meeting, the Committee therefore judged that a significant reduction in Bank Rate was necessary now in order to meet the 2% target for CPI inflation in the medium term, and accordingly lowered Bank Rate by 1.5 percentage points to 3.0%.

The Committee's latest inflation and output projections will appear in the Inflation Report to be published on Wednesday 12 November.

The minutes of the meeting will be published at 9.30am on Wednesday 19 November..





Instead of being buffeted by the winds of change in the financial markets. Take control of your future with a 'credit crunch' proof business!

If want to be in control of your future call Juswant Rai right now on 07917 105134 or email him on juswant.rai@gmail.com

http://www.extrapaynow.com

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Friday, July 4, 2008

Pessimists, Realists & Visionaries

In my experience, there are basically three types of people in the world: Pessimists, Realists and Visionaries.

I’m not sure how you’d describe yourself, but let me walk you through a general description of each one, starting with the Pessimist.

If a pessimist is a 10 on a scale of 1 to 100, they generally think they’ll probably go to a 9 given enough time. Because of this belief, they are usually right. And, one of the amazing things I’ve found is that Pessimists are actually proud of the fact that, once again, they accurately predicted the outcome.

The Realist is slightly different. If they are a 10 on a scale of 1 to 100, they don’t think they’re going to go down. But they aren’t comfortable claiming that they’re going to go too far up either. They might set their goal at 12. Whatever it takes to make sure they achieve their goal. And, if they ever miss a goal, they’ll lower the bar even further the next time.

How they are “perceived” by the world around them is a BIG deal to the Realist. They never want to be embarrassed. They never want to lose face. They never want to be proven wrong with one of their goals or assumptions. Because of this belief, they set very small goals for themselves.

That leaves us with the Visionary. The Visionary is a strange animal. Especially to the Pessimists and the Realists.

If a Visionary is a 10 on a scale of 1 to 100, or if their project is a 10 on the same scale, the Visionary sets their sights on being a 90! And guess how many times they achieve their goal in the time they envisioned. Almost never… but in reaching for 90, they might get to 50.

Now, if every person or project was a 10 on a scale of 1 to 100, and you were to evaluate these three groups based upon sheer results, who’s would you rather have? The Pessimist results at 9? The Realist results at 12? Or would you prefer having the Visionary results at 50? Easy answer, right? Everyone says they want the Visionary’s results at 50. But it’s easier to say you want to be a Visionary than it is to actually do what it takes to stay a Visionary.

Visionaries take a lot of heat. Since they are well under their public goal most of the time, their judgment is called into question. People roll their eyes. The Pessimists and Realists spend a lot of time talking about how the Visionary missed their mark by not getting to 90… instead of seeing how valuable it was to get to 50.

A person, who’s trying to be a Visionary for the first time, might say to themselves “Why don’t I just set my goal at 50 and make everyone happy?”

Here’s the problem with that approach… it’s been my experience that when you set it at 50, you almost never make it there either. You might make it to 40 and still be ahead of the others. But then you set the next project at 40 and hit 30. Then you set the next one at 30 and make 20. And in a very short period of time, you’ve become a realist… setting expectations so low that it would be hard to miss them.

If we’re judging on sheer results, that’s not a great place for a leader to be. For an organization to do great things, to a certain extent, the leader must be a Visionary.

Once I learned this, it changed everything for me. And it can do the same for you. People will listen to a visionary. People will follow a visionary. People can become better by being around a visionary.

Believe it or not, the world needs Pessimists. Someone has to be thinking about winter all summer. Someone has to be thinking about worst-case scenarios.

The world also needs Realists. Someone has to take the bull by the horns, make their lists, put their head down, mute out all the grand talk and do the work the organization needs to be done every day.

But I am, and will always be, a fan of the Visionary.

If you’re one of those brave souls, it’s only fair that I give you the downside. You’re going to have to live with the fact that people will spend a good amount of time rolling their eyes and groaning at the crazy beliefs and expectations you’ll be throwing at them on a regular basis. It might sound easy, but I have to tell you it’s hard to withstand the constant criticism.

What makes it even harder is the fact that 95% of people are in the pessimist and realist camp and do you know what they absolutely love to do? They just love to point out the fact that you, as a visionary, missed your goal! Even though you’re much farther ahead than they are. They actually feel superior!

So, where do you see yourself? Do you see yourself growing into a pessimist? Do you see yourself growing into a realist? Or do you see yourself growing into a visionary?

I hope the answer is to grow into a Visionary. I understand you might not be all the way there right now and that’s okay, just as long as you’re willing to do what it takes to grow into one.

So spend some time thinking about where you see yourself and then decide how much sniping you’re willing to take from the pessimists and realists on your way to the top.

I assure you it’s worth it.

Eric Worre - Network Marketing Professional


Watch the video first, follow this link:-
http://www.extrapaynow.com


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....

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Saturday, May 17, 2008

Soaring bills leave families with just £50 a week

By Harry Wallop Consumer Affairs Correspondent
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THE rising cost of living has left the average family with less than £50 to spend each week on anything other than essential household bills.


The average household with a home and car has £2,427 a year to spend on child care, clothes, holidays, household repairs, credit card interest, telephone calls, medicines, alcohol and eating out.


This equates to £46.67 a week after bills, taxes and the mortgage have been paid. Statistics show that costs have soared over the past year at a far faster rate than wages, leaving most families unable to afford many key items.


The Daily Telegraph has analysed household costs, including food, utilities and insurance bills, for a family with two children, a £150,000 mortgage and a car. Costs for this typical family total £24,665 a year as a result of significant increases in gas and electricity bills, record petrol prices and rising food prices. This compares with an official estimate of the net average household income, which totals £27,092, after benefits have been received and taxes paid.


This is taken from the Office for National Statistics’ family spending survey 2007, published last month. It includes sources of income from all members of a household, including wages, investments, benefits and tax credits, minus taxes and nation


Call Juswant on 07917 105134 or email on juswant.rai@gmail.com if you are interested right now in taking control of your future....

Watch the video first, follow this link:-
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