Make this Your Year to Become Financially Free

Yesterday I was a panelist at the 2007 Tour for Success Conference. I was delighted to be amongst many entrepreneurs and would be entrepreneurs.

One thing that you should start applying to your life, which one of my co-panelists spoke about, is you should have at least 2 people in your inner circle who are doing better financially than you are. If you are the friend who is doing better financially than all of your friends or family stop paying the bill all the time and stop loaning everyone money.

Don't get rid of your current friends, just get new ones who can provide valuable advice on how to reach your financial goals or who can help you reach goals you would never have imagined.

If you are struggling with deciding how to invest you money or what to do with your money, even if it is a small amount consultant a financial advisor like Charles Schwab or Smith Barney who are experts in the field.

Make 2007 your year to become financially free by reducing your expenses, eliminating your debts, becoming a homeowner, or starting that business you always dreamed of. Good luck to you.

Why You Shouldn't Get a ContactLess Credit Card

There is a new type of credit card that is available developed last year called a contact less credit cards that allows consumers to charge items using their credit card but without actually signing a credit card receipt. The technology called RFID or Radio Frequency Identification allows scanners to use radio signals at various distances to read personal information regarding your credit card on a computer chip. The new credit cards can transmit your name, credit card number and expiration date to anyone that is located relatively close to you with a scanner.

The RFID technology has been used for years for tracking shipments and storing inventory. The contactless credit cards can be scanned without having to remove them from your wallet or pocket. The Visa contactless credit cards use an encrypted security code to verify a transaction that is supposed to protect against certain types of fraud but doesn't protect against someone getting your name and credit card number.

New versions of the Visa contactless credit cards do not transmit the consumers name during the transaction. Contactless credit cards either have a visible microchip or vertical wave bands on the front or the back of the card.

I won't be signing up for a contactless credit card. I still pay for everything with cash. I only use my credit card to make travel arrangements. Do you research before signing up for any new type of technology.

Good luck!