Financial Tips to Help You Make Money in a Bad Economy

April 21, 2008

Welcome to your guide to turning economic lemons into profitable lemonade.  We all know the economy is struggling and we’re all worried about it.  The sub-prime mortgage mess, the credit bubble bursting, the weak and falling US dollar, high gas prices, and a recession are more than enough to keep us up at night.

The good news is that there are always economic opportunities to be had and that’s what I’m going to focus on this week.  For example, although gas prices reached record levels today, all is not lost.  Sure, fuel costs are going to hit businesses and consumers right where it hurts, but that pain will create opportunity. 

The more we’re paying for gas, the higher the demand for alternative energy, and the bigger the payout for those that invest in a winning solution. I covered these “green opportunities” just yesterday in Earth Day Profits – How You Can Make Money from Saving the Environment.

Coming up this week we’ll take a look at the following methods of saving or profiting from the troubled economy:

Of course, most of these are long term approaches.  In a global economy, people across the world are going to feel the crunch of tough economic times; but if we can invest wisely when opportunities exist then we’re bound to see better rewards in the future.

Stay tuned for this weeks articles on turning economic lemons into profitable lemonade.

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Ben

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Ben
Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn't like the other kids... His addiction to personal finance has paid off for his family and now he's helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.

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