Wednesday, April 23, 2014

Meet Corey P Smith, Author of Conspiracy of Credit

Corey P. Smith is an American author and lecturer on credit awareness. He is bold and outspoken and seeks to entice his audience to think and question traditional information and beliefs as they relate to credit. He has conducted seminars for underwriters, attorneys, realtors, and the general public.

1. How did you first become interested in studying and sharing information about credit?

I realized one day that I was a college graduate, going to work every day, but living my life from paycheck to paycheck. I was BROKE!

2. How long did it take you to write your book, Conspiracy of Credit? I imagine it took a lot of time to research as well as to write.

It took me a year and a half to write the book.

3. Is it possible for people to completely avoid credit, or is it more that people need to learn to use it more sparingly?

Yes, if they're RICH, but honestly no. No one can avoid escaping the credit trap, and this is not by accident. I always say, "Credit is for Poor People," because life is more expensive when you're poor. Credit is not a good thing for people who don't understand the value of borrowing money for the purpose of making more money. Most people get credit for the purpose of going into more debt.

4. Why do companies--from grocery stores to drugstore to pet stores--use loyalty cards?

People must recognize the loyalty/discount card trend. Every retailer from Walgreens to Kroger has discount/loyalty cards. The information consumers provide such as name, address, and phone number is a source of income for these companies. Consumers' privacy is exploited more when these companies sell their information, due to re-identification software. This software makes it easier for someone to be identified. For example, zip codes include many individuals, but they do not directly identify who they are, but when zip codes are cross-matched with information from other databases, such as driver vehicle information and warranty and grocery discount cards, the number of individuals becomes smaller. Further cross-matching with voter registration files will decrease the number even more, until a particular individual is identified.

5. What are some ideas you suggest to people who are looking to gain more control over their personal finances?

People must learn to leverage debt. What I mean by this is they must pick and choose the credit that will benefit them the most. Such as personal lines of credit, major credit cards that can be utilized anywhere for the purpose of starting a business or liquidating the credit card availability into cash. People should also look for investment groups that help them become entrepreneurs. They should stay away from department store and gas credit cards, because these types of cards serve no purpose and have no benefit.

Thanks, Corey!

Tuesday, April 22, 2014

Introducing Virtual Big Sister, a Thoughtful Blog

Virtual Big Sister is a blog written by Leila Oicles, a writer who has been practicing her craft since she was just twelve years old. Leila is also working on a young adult series called The Last Seeker. While her blog includes tidbits about her YA writing (in fact, you can read the first chapter of Book 1 of her series here), Virtual Big Sister has a broader scope and is more of a blog about life than a blog about the writing process.

I enjoyed recent posts where Leila told stories from her life, such as a description of reaching out to a grieving stranger on the anniversary of 9/11. There are also posts about Leila's interests in movies, music, and more. People like me who grew up in the 1980s will likely enjoy her reflections on icons like John Hughes.

In addition to Virtual Big Sister, Leila has started another blog called The Letter Series, where readers can write and share "the letters you wish you could send... where you can be totally honest without revealing your true identity." She's getting some great submissions for this blog, and I can see it growing and more people find out about it.

I think we'll be seeing more from Leila, especially once she finds the perfect publisher for her YA series. I like her blogs, and I wish her luck!

Monday, April 21, 2014

Meet Greg of Heisenberg Hex

Greg has been interested in cryptocurrency for about 18 months. During this time, he came upon HEISENBERG HEX, an exciting altcoin that centered around the Breaking Bad character HEISENBERG. He had a particular keenness for this cryptocurrency, and wanted to do more for the growth and acceptance of the coin. He agreed to take over the coin and manage the operation to take it to the level he believes it deserves. With his management and marketing experience, and a great and dedicated development team, he says this coin will go far. He wants to build a long-lasting, solid coin, so he is diligent in seeing that all aspects of the coin's development, mining, and implementation are done correctly. Greg is very excited to be involved at the early stages of this brilliant cryptocurrency.

1. For those who haven't used cryptocurrency before, what is crypto-coin, and how does mining work?

A cryptocurrency is a digital currency which is can be used as a medium of exchange. The currency is created by using a program that uses a defined algorithm that limits the amount of coins that can be mined, and once they have all been mined, there will be no more of them being created. This creates a currency with a defined number of coins, and provides for distributed, decentralized, and secure information based economy.

For most users of cryptocurrencies, it is not necessary to understand how the mining process in itself works, but it is fundamentally important to understand that there is a mining process to create the virtual currency. Unlike currencies as we know them today where governments and banks can simply choose to print unlimited amounts if they wish, cryptocurrencies have to be mined by users using a mining program that solves sophisticated algorithms in order to release blocks of coins that can go into circulation.

This is part that makes the cryptocurrencies unique, as there is nobody who can simply press a button and create extra coins. Each cryptocurrency uses a different type of algorithm in order for blocks to be released, but in general it is not something that you should be using your computer to do as it takes specific equipment to mine and it will provide you with a huge electricity bill compared to the profits you will be able to make from it. It is also worth noting that the more coins that have been mined from a cryptocurrency, the more difficult it gets to release new blocks and thus get new coins. This enables the currency to stabilize as more coins are mined.

At the moment it's relatively easy to mine HEX because it's so young. The further down the track we get, the harder it will be to mine. Get in early!

2. Why did your company choose to name its currency after the Heisenberg/Walter White character in Breaking Bad?

Heisenberg cooked meth in his lab known as Pure Blue. It was such incredible quality and the best in the marketplace by far (as I'm sure most people already know). We felt this perfectly embodied what we are trying to achieve with Heisnberg HEX, by creating a great coin that will become a leader in the cryptocurrency marketplace. We are interested in the long-term growth and opportunity this coin will provide. Aside from all that, we just love Walter/Heisenberg!

3. What makes Heisenberg Hex unique?

There are a lot of new coins in the marketplace. Some good, and others not so good. The key to any new currency is the people behind it. Some are just get rich quick schemes, and most are just mismanaged. We have a very strong and highly qualified team to ensure this coin grows, and that the HEX community always has a Dev (Development) team to ensure all aspects of the currency run smoothly and securely. This really is where we shine. We have software programmers and engineers, a professional marketing department, web designers, and an admin team. We are committed to the long-term success, and as such are happy to see slow and steady growth and adaptation in the marketplace.

4. For someone who is new to mining and wants to get involved with mining Heisenberg Hex, what's the best way to get started?

The very first thing you need in order to start mining coins HEX is to go to our website and download the HEX wallet. You can then start mining from one of the mining pools that is listed on our site.

When you first download the mining program, it will have to connect to the network and synchronize with it. This can take anything from a few minutes to up to several hours, depending on how many blocks you need to solve first before you can synchronize. Once the synchronization is done, then you are basically ready to mine.

All you need to do from here is to go to the mining part of the wallet, enter the values you want to have, and press the "start mining" button. The system will then begin to "mine" for coins and depending on your system you will see some results within a couple of days. There is a lot more to mining in general, but this covers the basics and gets you started. The team at HEX are more than happy to answer any questions and provide the support you need in this regard.

5. How did you personally become interested in cryptocurrency, and how do you see it evolving in the next few years?

I became aware of Bitcoin about two years ago, and stared to invest about a year ago. I see digital currencies having a huge impact in the years to come and completely changing the way society views traditional currency. Whilst I feel Bitcoin will do extremely well, as it is already established due to the fact it was the first on the market, there is still plenty of room for other digital currencies. As the alternative currency market is still very young, there will be some astonishing returns if you choose the right one to get into. The HEX team are going to make sure we will to be one of them.

Thanks, Greg!

Wednesday, April 16, 2014

Meet Edward Barker, Personal Injury Solicitor

Edward Barker is a senior partners at Personal Injury Claims Manchester, a group of personal injury solicitors who specialize in helping people who live and work in Manchester in making injury and accident claims. He and his colleagues at their firm work on a no win no fee basis.

1. What first inspired you to pursue a career in the legal field, working as a personal injury solicitor in Manchester (UK)?

My father worked as a lawyer (solicitor) here in the UK, so I was exposed to the world of law from quite an early age. Whilst he never pushed me down this path, he was there to offer encouragement and helped me to finance my way through Manchester University. I studied law there, and when I left decided to go into the personal injury side of things. I now run a firm of personal injury solicitors in Manchester and have never looked back (your readers can visit my personal injury website here). It's in my blood I guess, and is something that I've always wanted to do and think I always will.

2. Why did you decide to focus on personal injury law?

Whilst at Manchester University I was involved in a few charity projects. I've always been interested in helping people, so a natural progression for my law career was the personal injury and accident claims side of things. After leaving university I spent a couple of years working as a personal injury solicitor in some local injury and accident claims companies and then set-up in business myself a couple of years later--this was only once I was 100% certain that I would be able to offer a professional and experienced service to people living and working in Manchester who needed to make a personal injury claim.

3. What are some common types of accidents and injuries that you help clients with in your practice?

Some of the most common are road traffic accidents. They happen daily in Manchester due to the sheer size of the city. We also help clients who have been injured at work, or simply just in their day to day life whilst out in public. Accidents can happen anywhere at any time, and so it's my job to make sure that our clients are advised correctly and can get the help and compensation that they deserve if they have had an accident or injury that wasn't their fault. I think we are fast becoming one of the best personal injury solicitors firms in Manchester due to our friendly and reputable approach.

4. Do you find that people have any misconceptions when it comes to personal injury law?

I think some people do because there has been a lot of bad press over the last few years about spurious personal injury claims. Admittedly there can be a large amount of money involved in personal injury law, so by its very nature you do get people trying to make a personal injury claim where perhaps it's not entirely ethical. My company only ever progresses ethical accident claims and are very careful to validate the clients and claims that we deal with.

5. If someone has been injured or in an accident and is unsure if he or she needs a lawyer, what would your suggestion be?

The first thing they need to do, at the point of the injury or accident is to see if there were any witnesses to the accident, and record everything that happened. After that, search out for a reputable personal injury claims company or see if a friend can recommend a good solicitor of lawyer near to you. When you call the lawyer or solicitor, they will take you through the entire process and in truth this means you don't have to have any stress or undue worry. Many personal injury solicitors work on a no win no fee basis which can take the financial worry out of the equation for most people too which can be very important when making a personal injury claim.

Thanks, Edward!

Changes to Payday Loan Regulation in the United Kingdom

Do you ever wonder about who is taking the role of watchdog when it comes to payday loans? In the United Kingdom, the payday loans sector now falls under the watch for the Financial Conduct Authority; previously payday loans had been under the Office of Fair Trading.

Many people--such as Labour MP Stella Creasy--have called payday loans an "under regulated" industry. The shift to the FCA could lead to more regulation of the high charges that borrowers have been paying as the amount they owe continues to grow each month when they are charged additional amounts if they haven't yet repaid their loan. These roll-over amounts just keep growing and growing for many borrowers.

Considering that payday loans attract borrowers with the idea that the loans are only intended to last a month and then be repaid, many consumers don't realize how much their fees will continue to grow if the loan is not repaid within the initial month.

For more details about payday lending, check out the website CushTeeCash, where the site owners have been following the developments in regulation of payday loans in the UK. This website also covers issues related to saving money.