This is Part 2 of a two-part post on negotiating tactics. Please click on this link for Part 1 of this article.
As I noted in the first part of this article, I have always believed that one of the most important life skills that every person should have mastered before setting out on their own is the ability to successfully negotiate.
For most of us, negotiating skills are usually needed shortly after we leave
Continue reading Ten Essential Negotiating Tactics Everyone Should Know (Part 2)
I have always believed that one of the most important life skills that every person should have mastered before setting out on their own is the ability to successfully negotiate.
For most of us, negotiating skills are usually needed shortly after we leave home to strike out on our own for the very first time. For example, the opportunity to engage in negotiations often comes into play when we get our first job, move
Continue reading Ten Essential Negotiating Tactics Everyone Should Know
With summer here, schools are now on hiatus for vacation in most places around the country and teenagers are scurrying to find temporary jobs to earn some extra money. With that in mind, some parents may be interested to know that the National Consumers League (NCL) has once again selected their Five Worst Teen Jobs that teenagers are advised to avoid at all possible costs.
With the help of the Child
Continue reading The 5 Worst Jobs For Teenagers
It’s Inflation Week at Len Penzo dot Com. Follow me over the next several days as I explore the multiple facets and facts about this insidious scourge, the probability of its resurgence, its potential impacts on us, and strategies for protecting yourself and your personal finances. Hey, it’s not as fun as Shark Week at the Discovery Channel, but it’s almost as scary!
Raising taxes to pay for
Continue reading Inflation: How China May Be Forced To Use The Nuclear Option
I kicked off this series on inflation with a warning about why all of us should fear inflation and why the US government needs it to take root in our economy. But I’m not the only one who thinks so.
Forbes posted an excellent article on the coming cash tsunami that is destined to strike as the United States Treasury printing presses work overtime to cover the multi-trillion dollar budget deficit
Continue reading Inflation: Your Four Best Defenses For Preserving Your Wealth
Ronald Reagan accurately warned us in 1984 to be vigilant against inflation because it can come, “like a thief in the night to rob our savings, rob our earnings, and take the bread off our tables.”
For this reason, the government is usually on guard against the threat of inflation. In the simplest terms, this is normally done by controlling the amount of money in circulation. It’s really a matter
Continue reading Inflation: Why You Should Fear It, And Why The US Wants It
Another economic disaster looms for both the US and Mexico and something needs to be done in the near future to stop it.
Mexico is currently the fifth largest oil producer in the world and the third biggest supplier of crude oil to the United States, but production has been declining at its mammoth Cantarell oil field so drastically that the country is now expected to become a net importer of
Continue reading How Mexico Can Save Its Oil Industry: Sell Baja California to the US
The National Debt recently surpassed the $16 trillion mark.
What can we expect if the world loses faith in the US dollar and hyperinflation were to take hold? To help you make sense of it all, here is a primer:
1. Inflation occurs when the supply of money exceeds the rate of economic growth. To put it another way: Inflation results when too much money chases too few goods.
2. Inflation weakens the
Continue reading 18 Crazy Facts You Didn’t Know About Inflation and Hyperinflation
A while back I moved into a new office at work. When I looked in the desk, I found 162 pennies in one of the drawers. I can only assume that the previous owner used the desk as his chosen repository for all the pennies he received in change whenever he went out for lunch.
I can’t really blame the guy who did that. In fact, I think pennies are an
Continue reading Is It Finally Time to Get Rid of the Penny?
The US government’s decision to force out the head of General Motors should send chills throughout the private sector for years to come. This only serves to undermine the free market and stretch government authority over the private sector in ways previous administrations never dared.
Although it is a bit late, I am certain that the ex-chairman of GM, Rick Wagoner, finally realizes that he ended up striking a Faustian bargain
Continue reading Stop the Bailouts and Let the Bankruptcy Process Do Its Job