Whats new?

Time has been flying by and I can definitely tell from my blog entries! My Twitter posts are always current with my uncontrollable raves and rants... It hard keeping my views to myself and watching the politicians spend our taxpayer monies gives me a lot to rant about. Without freedom and capitalism we wouldn't have business, so don't take it personal if I rant about big government. We need business to make money!

As for FDI we are here and growing!!!

This is a exciting time with the global slowdown, people are looking for opportunity and FDI has something for everyone. So if you re looking for additional income or looking for personal and financial services check us out. In today's current financial turmoil FDI's Credit Trax, Equity Trax along with LifeLoc and Teledoc are services that will save you money, help eliminate debt and protect your good name.

Summer and Fall is always a busy time so updates are few...That's where the FUN come in.... some of that fun is shared on Twitter and some is just to much to share....

Until next time...
Scott

Additional fees with Credit Card reform?

Wow how the time passes!! Hopefully you have been following my updates on Twitter as I'm more of a 140 character person than a blogger..

It has been a busy spring starting with the flooding and then all the cool spring like weather. Finally I can tell summer is here as the gas prices have been going up and that is a sure sign of SUMMER, as for me riding a Harley sure does make a difference when it's time to fill the gas tank. Having fun and saving fuel, what a concept!


The biggest news in the financial world this past month was the Credit Card reform that the Senate passed. I have mixed emotions about this reform and I feel it will eventually hurt the average consumer with additional fees.


So here is my buyers beware...
Watch for additional Fees...

Now I hope that I am wrong on this idea

The Credit Card Companies want to make money, when they lose the ability to generate income they always find other alternatives for the shortfall. This is business but it is unfortunate our government has to create laws to govern the industry. I do feel if government wants to help, start educating the public about using credit and the cost of having debt.


My advice is watch your monthly statements, read any updated customer agreement. If you don't like the terms don't do the deal. Work on keeping that credit score in the best shape, this alone is a major cost savings. The fallout from the current credit crunch will be costly for anyone that has damaged their credit.

Don't forget FDI has some great services that helps restore those credit scores back to the best possible shape! Bad credit is big business and at your expense, become proactive and fight back..

Now its time to enjoy our nice weather!

Prosper and enjoy,
Scott
www.fdipays.com

My work in progress!

If you're visiting my blog you're probably wondering what you came across..

Am I right?

Well don't feel bad cause I share your pain too. This will be always be a work in progress and who knows what subject you will find.. OK I know I'm going against the traditional blog that stays on the same subject but HEY that's me!

I talk about Credit and Debt, very depressing subject but a must or it will eat you alive, we talk about marketing and making money too! OK the money part gets me excited cause money equals fun and FUN is where its all at...

So just bare with me and check back soon to see "what the hell was he thinking" or not..

Oh I forgot to mention that I'm passionate about Harley Davidson motorcycles!!! something to do about freedom on the road..:)

Check back later,
Scott
http://www.fdipays.com/

Participant or Bystander?

Yes, I agree that things aren't so rosie for many people in today's economy, but did they become a victim or did they participate? At this point it really doesn't matter, the damage is done for many, the best defense now is the ability to identify and understand.

The Truth.. Most problems could have been avoided by acting on one simple phrase "live on less than you make". I too get envious when I see people drive their new cars or hear them talk about their vacations and buying the latest and greatest electronic items! Who wouldn't want all this stuff.. Never focus on what you don't have, instead be grateful for what you do have.

I can't speak for everyone but some of these individuals are living paycheck to paycheck, some are even going into foreclosure on their homes. Sadly enough a few people have made the statement "they deserve it"! We all deserve the best and the best will come when we are good stewards of our finances. All the stories are the same with the outcome being the same too. The feelings these people are encountering are unhappiness, stress and hopelessness, all wondering how they will make it through these economically bad times. Was it worth it?

I'm in favor of nice homes, cars, motorcycles, vacations and the latest electronic items that make my live more enjoyable. I also have multiple source or income or MSI's in place to help fund my enjoyments. Having a financial plan is always a good start, however I'm never in favor of buying on credit when it could sacrifice the the financial future of your family or your health. Did you know that money problems are the leading cause of divorce in the USA? This is the difference between participating or standing on the sidelines and watching.

Wouldn't the outcome be different if people had no debt except maybe a mortgage? If they had saved 3 to 6 months of income for emergency's, thing would be a lot different. I know this can be accomplished even on a average income. It's not how much you make that is important, its how much you keep that counts. Someone once told me that money wasn't everything, try to tell that to the bank. If you want more stuff, you need to be open on new ways to generate income!

Todays economy will come to pass, but I guarantee the same situation will come again in our future. My only question to you ... What will you do different to change your financial outcome?


To your financial success,
Scott
www.fdipays.com

BofA why me?

BofA why me?

Yesterday I received a letter in the mail from Bank of America. Now it wasn't thanking me for being great customer over the years or thanking me for my excellent ability to manage my credit. This letter indeed was informing me that they reviewed my account and lowered my available credit by 50%...

I don't want to mention the first words that came out of my mouth but to say the least I was not a happy camper. Why did BofA punish me?

It's hard not taking these things personal but it's the actions from a few that makes us pay a price. Using the power of Twitter I found @BofA_help and posted my disappointments. David contacted me through that Twitter account and asked me to send him my phone number so I did..don't worry I have LifeLock!

David called, we had a great conversation about how this credit mess is effecting customers like myself. The good news it it was only effecting about 10% of BofA customers, the bad news it BofA has a boat load of customers! I know I wouldn't have used the available credit that BofA had issued but it was the idea that they took it away that upset me. Why do good customers get punished? Well in my simple explanation you can't get blood from a turnip!
My hat goes off to David, having to deal with all the issues that arose from the current economy can't be fun.

Technology today can trigger alerts when your credit card is used for online purchases or if charges go over a given predetermined target. So why did this mess catch the financial institutions with their pants down? Was it greed or just sloppy management?

Unfortunately we all will pay the price for this credit mess. A very successful friend told me the secret to financial success is "Spend less than you make".. simple but effective!


Whats in your wallet?

Scott
www.fdipays.com

How do you think about Money?

Many of my posts in the past have focused on high cost of debt and credit issues along with ID theft. These topics are important and can steal your potential wealth if ignored.

As I was driving down the road the other day, I started thinking about how people react when we introduce new ideas about making money. One of the most ignorant statements I hear is “I don’t need a lot of money” or “Money isn’t that important”.

It makes me sick when I hear this come out of their mouth. YOUR mind and YOUR thoughts are possibly the biggest drain on your personal bank account. Money may not very important to you, but skip your mortgage or rent payment and see how important money is to your Banker or landlord. How far can you drive your car with no money? Try to watch your favorite TV show, cook a meal or take a shower after the utility bill isn’t paid in 60 days. Are you starting to see how important money is for everyone else?

I agree that money can’t by everything, one thing money can’t buy is poverty. The lack of money causes more family problems than most things combined.

Money should be important; you can help more people when you have money. You can become a servant to others and give more to charity with money. Money can make you a better person if you don’t abuse it. OK, I hear some say that money is bad or he turned into a bad person after he had money. The truth of the matter is that person was bad before they had money; they just started to show their true colors!

When you have a lack of money you can’t serve the needs of others, you are only focused on keeping your head above water. How can your family benefit if there is a constant argument over money? Now don’t get me wrong, just having money doesn’t solve all the problems, there is a lot of personal responsibility too. Learning how to become a better money manager is the key to your success. This is why I am passionate about telling people how credit and debt are robbing their financial future.

So what do I need to do to change my thoughts about money?

Money is created by ideas, if you want more money you need to keep an open mind and embrace new ideas. You don’t have to jump on every idea or opportunity that comes your way but you need to be open and at least listen. The world is full of opportunities only if your keep an open mind!

We could spend hours chatting about money making ideas, so start with the basics of being open minded and explore the ideas that come your way. You get exactly what you think about, this is called the Law of Attraction. Start thinking about what you want instead of what you don’t want!

Think abundance.......


To your success,
Scott
www.fdipays.com