You may have missed this last week…many people did, for various reasons. Some reasons being they don’t understand it, they don’t want to understand it and/or they don’t think it is relevant to their lives! But on the contrary it is! What I am talking about?

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When most people think of Greece two things usually springs to mind – their sprawling ancient history and the numerous plays depicting the various misfortunes of life, know as tragedies. However, this is all changing now with current day tragedy of deficits, cuts and riots unfolding every day in Greece!

Since the credit crunch of 2008 Greece has been bailed out several times by the ECB and IMF, but this has not necessarily been to save Greece but to save the Euro and the shaky foundations on which the Eurozone is currently standing on.

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Gold, as you know, is a hedge against inflation, which in the UK stands at 3.5%; 1.5% above target. It is the oldest currency in the world, and now that I understand what money is and how it works, I appreciate why it is.  Gold preserves your money, your assets! And will always do so. Full stop!

‘No paper currency’ Tim Price writes in this week’s Money Week ‘has ever persisted. The fate of all paper currencies is to deteriorate over time towards their inherent value, which is nothing.’ This statement is backed up in the following video ‘The Demise of the British Pound through Monetary Inflation’,

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So, who saw the programme on the UK broadcast channel – Channel 4 last week Thursday 11^th November? It was all about the UK’s debt level and why the austerity cuts, although necessary are not going to resolve our debt problem, as explained in the documentary (see below for the link).

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Not for a while yet?! Today the UK Government announced their cuts to the public sector as part of the austerity package for the next 4 years. These cuts are due to the last recession and the consequently stagnation of the global economy. These cuts will affect everyone so it is important to keep abreast of what is going on, irrelevant if you want to become financially savvy or not!  For further information on these cuts, click here.

As a consequence I thought I would write this piece in order to further educate you on the importance of understanding what Inflation, Deflation and Hyperinflation is, and how each one can, and will, affect our economy, our lives and our money.

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There is a beginning and an end with anything and everything in life!  An alpha and an omega! So with that being said and accepted as fact, could money as we know it die? And with it our relationship to how we see it, spend it, save it and exchange it for goods and services?

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Debt, that stranglehold around our finances as well as the cause of sleepless nights and daily worries for many of us, doesn’t look as if it will be going away anytime, soon, for us or the global economy!

So what should we do about it? We should get financially educated, because financial education is the only way to combat the debilitating state ’debt’ creates for many of us. We need to increase our knowledge of debt in order to overcome our fear of it.

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There is a saying which goes ‘you need to know where you’re coming  from in order to know where you’re going.’ To a certain extent this is true! We are, after all, a product of our upbringing and conditioning, and then as we become adults, our social circles and peers.  It is these influences that ultimately guide our decision making and choices.  And as such, if you are really serious about your financial future and becoming (more) financially savvy, then it is vital that you do the following; -

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Words from the Budget (Wordle.net)

What a week for the UK! England are through to the last sixteen; although now facing Germany on Sunday! This should make for an entertaining and sentimental game!  C’mon England!

And of course, we had Cameron and Clegg announce the details of the emergency budget on Tuesday.  The cuts announced aren’t only warranted but desperately required in order to slim down our horrendous economic deficit which currently stands at about £160 billion.

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If you weren’t at O2 Indigo this weekend (24^th – 25^th April) you missed out! Whether you are in Network Marketing, Direct Sales, Business to Business sales, a leader of some sort, a leader in waiting but don’t know it yet, this event was for YOU!!!

Dani told it like it is! “I am not a hoar so if you are here to be entertained then you’re in the wrong place! I am here to teach you tangible skills which you can go out with today…TODAY….and use in the market place to yield results.’  And skills aplenty she let forth, left, right and centre!

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