Divas know how to shop until we drop! My book, Dynamic Diva Dollars discusses the important of honing savvy saving secrets so we can save and invest our money to make more money.

Here is an example of how I saved $600.00 dollars when I bought much needed luggage:

I needed luggage so bad. Since I have been on my national Dynamic Diva Dollars book signing tour traveling to over 22 cities, my luggage has taken a major beating. The pieces were already worn out from the normal wear and tear of traveling with me for over ten years. When I started the tour, back in May, I knew I needed luggage but I had to wait until August for a good discount. August is the end of travel season, so most stores have sales on their luggage items. The best time to shop for any items and get a great discount is when they are going out of season.

I went to my favorite clothing store for the family, Kohls. They had a buy one get one free luggage sale!!!!! Additionally, My husband applied for a Kohl’s credit card and got an additional 15% off the price of the luggage. He was thinking that it would cost us $1200.00 for good quality luggage. Oh contraire, my friend….. Never fear, the Discount Dynamic Diva is here. 

I got six pieces of Docker luggage with the average bag costing $200 bucks for $588.00 dollars for the whole family! I saved my family and I over $600 (I can take the money I saved and invest it in my kids commodities account so it can make more money for me)!  The luggage is a top brand-very good quality-and I know it will last us another ten years.

It is very important that you be economical and not cheap with your dollars. Cheapness cost you more when you buy low quality items only having to replace them more often. I believe in being very economical with my dollars. When I buy, I factor in quality, time and money. You may want to, also.

Since I use the luggage for business purposes, I maybe able to write-off some of the luggage. (Check with your accountant for the specifics).

You make money saving and investing it instead of spending it. When I shop for any items, I always buy, only, during a sale and I buy, only, when I need them.

So, Diva I think this information will help you make money and save money. Diva share your great saving secrets and post a comment here. We would love to hear from ya.

Have a Dynamic Diva Dollar Day,

Elon

Do your bills take a holiday? Does the interest on your credit cards and your mortgage go on vacation? Then why do many of us use holidays as an excuse to take a vacation from building wealth?  Or better yet, how many of you Divas are still making money while you are taking a holiday?

Today is Memorial and about 1:30am. I hear people partying from my window. While they are partying, I am doing some business, making money and enjoying the holiday simultaneously.

For example,  this weekend via my e-business, www.thedynamicdiva.com, I recieved many sales of my product and services. Additionally, my currency and commodities trading accounts are very active and generating income. My network marketing business is creating residual income as I am typing this blog. I have multiple streams of income coming into my bank account as I am enjoying working and playing.

I know it is very important to having your money in a state of perpetual circulation in order to increase abundance flowing your in life.  Many Divas have put themselves in a situation were they are receiving one source of income-a job. When they work, they get paid. And when they do not work, they do not get paid.  Even with a good government or corporate job, the paid holidays are marginal at best.

The holidays is the best time to create or work your part-time business that will help you become financial free-making money while you are on vacation or holiday. Better yet, this new business may help you fire your boss and hire your kids.

Your bills and the interest on your mortgage is not taking a holiday, then why should you? Or be like Dynamic Divas and set up a residual income vehicle that will have you making money on every holiday. In a Divas world, every day is a holyday. So, let celebrate and manifest more prosperity for us all.

Have a Dynamic Diva Holyday,

Elon 

I am writing an e-book, Good Debt Riches, to share with you all of the credit secrets I used to buy businesses, real estate and invest in stock market. Also, would you believe my bank called me yesterday requesting that I borrow money from them! What a dream come true. Ten, short years ago, the bank would not give me the time of day because I had very bad credit.

Like most of you, I started out with no credit. I went to colleged and opened up my first credit card account and got a student loan. I created bad debt and got into trouble with the credit card companies. I couldn’t pay my bills. My bankruptcy attorney friend got me a deal to payoff my credit cards. Even so, I was rejected by every bank I tried to establish new credit with thereafter.

Speed forward, I repaired my credit and established a new credit history. I created good debt up to over $120,000 on my credit cards! You might be saying, Yikes! But, there is a happy ending. I got rid of the credit card debt in 2.5 years and I am debt free now. I have only two business cards, and one personal card I payoff monthly. But I have tons of mortgage debt that has mushroomed to a high networth and passive income.

You might be wondering how. Well, that is why I am writing Good Debt Riches to teach you how you can become rich creating a lot of debt. Here is one top secret tip:it is easier to borrow a million than to earn a million. Donald trump is doing it. Why not you, too?

With all of that said, I need your help. The e-book, Good Debt Riches, will cover how to create credit, repair, and leverage credit to profit. What questions about credit and debt would you like this book to answer? Please send your comments or questions to this blog or email me at elon@thedynamicdiva.com.

Have a Dynamic Diva Day,

E

Dear Divas:

One of the strategies that I used to create wealth was borrow money from my credit cards-good debt riches. I financed a business, bought stock, and real estate with my credit cards.  It was the easiest and only way that I could make my wealth dreams come true.

Most financial gurus would never tell you to use your credit cards to invest because the average investor/person is not responsible with their credit cards.  Moreover, financial advisors think investing in any investment is very risky business, and do not want to be held responsible if you max out your credit card on an investment that fails. This is understandable.

 Even with that said, I still think and know that using your credit cards to invest maybe the only lending source that will get you out of the rat race, if you can not borrow money from any other source. It worked for me. For example, I used about $80,000 from credit card cash advances to pay closing cost for R.E. that gave me over 100% ROI. My credit card charges were in the 10% range per month, but my tenants paid the note each month for me. I refinance a couple of rentals, years later, and paid of the credit cards.  I am debt-free and over 1 million + networth. This is a great example of good debt. Good debt is when the debt will increase your leverage and earn you passive income from your investment.

 Good debt investing, is not for everyone.  If you are not responsible with your credit cards you may not want to do use it for investing. You must be very responsible, discipline and have good plan of action to make this style of investing successful.

For those of you who might be interested in using credit cards to invest, build credit or consolidate your cards, I have started a new credit card e-business, that will make it easy for you to apply.

 It is http://creditdiva.ecreditdirectory.com. Please go and look at the great low interest rate and easy application process. Once again, you are responsible for our own investment choices. Elon Bomani nor The Dynamic Diva is a financial advisor.  For all financial advise seek the counsel of a financial planner or expert.  This information is for educational purposes only. Investigate at your own risk. It maybe worth it.

Have a Dynamic Diva Day,

Elon