Wednesday, 22 April 2015

Why Do Most Musician And Athletes Go Broke Quickly

There is a old saying that if you treat money with respect money will respect you, but if you disrespect money money will disrespect you. I have live to see that old saying come true, when you start to make money before you start to spend it please learn about money management. The main rule in money management is simple spend in your limit which simple means don't spend more than what you earn, you don't need a financial consultant to tell you that. That's simple maths you learn in basic school.

What causes most athletes and musician to go broke is there lifestyle, when you are at the peak of your career you are earning millions so you take on a lifestyle to match your income the flashy cars, the big mansions and the jewelry etc. When there careers are over the millions spot to flow in but what you they continue to do is live the same lifestyles, then what you find out is that they are now spending more than what they earn and that spell disaster.

One of there biggest down fall is bad business deals, people come to you everyday with the best business ideas and they are telling you how we are going to make millions together. And guess what they are going to use your money to do these business deals. If a person has a great business deal come on lets be realistic will they come to you with it.

Stay away away from clothing lines and restaurants you will loose every single penny you have in these business deals. My advice to any musicians or athletes is to let your money stay in the bank and attract those boring interest rates than to invest in falling business or flashy lifestyles.

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Friday, 17 April 2015

Can Marijuana (Ganja) Take Jamaica Out Of Poverty.

Can Marijuana take Jamaica out of poverty, marijuana  is a product of the hemp plant cannabis sativa and appears as a green, brown, or gray mixture of dried shredded leaves. Marijuana is mostly use for recreational purpose (smoking). 

The reason why people makes money selling marijuana is because it is illegal, and with illegal items comes a higher risk and the higher the risk the higher the income. If marijuana becomes legal the risk will be less the lesser the risk the lesser the income.

When marijuana becomes legal the price will go way way down, when the price of a commodity falls in order to make money you have to go for quantity and quality. Now there the big investors will come in with the money for production and the securing of the market for the product.

The small ganja farmer will ended up like normal people working on a sugar cane plantation working for minimum wages. Taking Jamaica out of poverty will have to do way more that ganja legalization, we have to educate our work force to take on the new millennium.
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