Here are five applications you can check out. http://lifehacker.com/5362829/five-best-time+tracking-applications

I got distracted from using my new camera and web surfing looking for software to do editing etc. I guess that can’t be helped to a certain extent. If I don’t know what I can or cannot produce form my tools, then I’ll eventually hit the wall. The thing is, is that I have a habit of collecting tools and information too early without being productive immediately. Then also along the way, I found myself browsing sites with nice photographs. Sigh.

Anyhow, that’s sort of behind me. Time to get back to the path. The lesson I learned here is to know a bit of yourself. Time yourself when you planned on getting “distracted”. Any new thing in your life will distract you from what you must do. Sometimes, you can’t plan it. Like when there is an accident or a new child arrives to your family.

I guess, that what Seth Godin will call “The Dip”. Any changes you do will first take you lower than where you are before it takes you higher. If at all possible, don’t take too long a dip.

Just the other day, I received my card statement with the yearly annual subscription. Although the amount they charge is not that big, around $20, money is still money especially in this economy. (That’s also why I never bothered with a gold card, higher fees just to impress someone? No thanks)

So I picked up the phone to call the customer service to have that waived. It seems like a lot of hassle having to do that every year. In the past, it is quite easy to just hint that I’ll, “cancel the card” to have the annual fee waived but banks are also hungry for cash flow these days, and they know the “cancel the card” trick.

It got me looking for alternatives since in my country, there are some credit cards that do not charge an annual fee provided I make 2 or 3 purchases with the card each month. This is quite easy for me since I pay all the utilities and fuel using the credit. It got me on the hunt. It seems the credit sales person have all gone missing. Where are they when you need them?

Anyway, if you are looking to get the most out of credit card companies like I did, you might be able to find one here at credit card deals. I’ve been a strong advocate for being “smart” when using your credit cards. If you are having trouble controlling your spending, I suggest you think twice before getting another one.

Since this site is about money, we will look at the cost of maintaining them. I surfed over to SPCA site to take a look at the cost of maintaining different types of pets and the associated cost. While I think cost can vary depending on what you feed your pets, especially dogs or cats which can eat a variety of food, the SPCA gives a ball park figure what to expect if you intend to keep pets.

The annual cost is around for:-

• medium size female dog $1,000 a year
• cat – $900
• rabbit – $500
• guinea pig – $500
• hamster – $240

The above cost does not include cost in case your pet gets sick or injure or other cost that might throw your budget  way off. I know since we had pets that got sick, got hit by a car and other interesting happenings, when you have pets.

What does all this mean? Pets are expensive. If you want to keep them, make sure you have the necessary funds to maintain them. If you are in the midst of reducing debt, then pets might not make economic sense.

Anyway, I like to bring attention to this. You see, several years back, I got online because making money online seem to be the in thing. Still is if you are new. I got exposed to all sorts of new stuff including blogs, social media, facebook, auto responders, podcasting, video casting, blogging clients, css, wordpress, content management systems, twitter, friendfeed ….. you can see that this is a long list that can keep going for a long time.

Looking back, doing all this while it did improve my knowledge about the web and bring in a few dollars to fund the hosting of several website, this one included, it did consume a lot of my time. I won’t say waste of time but it did consume it. And today, I got a blog post about life streaming. The thing you do with a mobile phone to update your site or any social media site to let people know, what you are doing. just

I found that doing all this got me so hooked to the internet that I must go check out either my email, or facebook, or my stats that is I found it is distracting me from the most important thing in life. Living life!

Sure, I made some online friends, connected with old friends, learn a few tips and tricks and in fact I got a site set-up that brings customers to my offline work. That sure helped. But with the amount of new stuff online, I’m forced to examine whether I want to do something or not. Not only does using something new involved a learning curve, it take time to set up and to do regularly. And in these economic times, getting more productive is more important than learning the next cool thing on the web. Sure it is interesting to see what your friends are doing but living life yourself must be better than just reading about it online, right?

Take care, live life, Your life!

Is the the dawn of a new beginning? This is my crystal ball look into the future. Crisis almost always produce change in a good way, eventually. The credit crunch sparked a financial fire storm that swept across, and is still sweeping the world over. Some call it a financial tsunami. Whatever it is called, 2 to 3 years from now, things will look very different.

Although this fire storm is blamed on greed by Wall Street through real estate subprime loans, other factors like rising demand for fuel, energy, food and raw materials are contributing factors. We have been taking things for granted like low cost of energy and what we thought of as abundant of raw materials. Would the crisis change demand?

Probably not. Producers will find ways to meet that demand through game changing discovery. Let’s that the past for example. Before the invention of refrigeration, wars were fought over salt. Nations which has salt mines control the economy. Once refrigeration became cheap enough for the masses, it no longer mattered.

Another example is the automobile. In the 80s, fuel crunch caused a scramble by manufacturers to produce and market fuel efficient cars. In came things like fuel injection, aerodynamics and other technology that was accelerated to the market. After some time, people forgot the era of fuel shortages, so you see bigger and badder SUV, MPV and almost all cars in general. With the crunch, cars sizes will get smaller and again, an acceleration in technology to increase fuel economy.

Although oil prices are heading south at the moment, people woke up to the fact of high fuel prices and not likely to go back. No at least for the next decade or two.

This crisis will bring about changes in the way we do business, work, play, travel etc. Those who can foresee the needs of a changed environment will cash in on opportunities that was never there before.

My question is what and where do you think these opportunities lie? By the way, the red symbol is the Greek letter delta which is used in mathematics to denote change or difference.

I mean, if you have such a fantastic product, why wouldn’t the manufacturer sell it at what ever price and get all the profits, rather than share the money with the people in the network? Look at Viagra. Pfizer didn’t sell the drug through the network, did they. They knew they have a market and a product that will stand up to medical trials and FDA approval, not withstanding side effects but you get my drift.

Anyway, it has been some time since I first highlighted a scam so it seem just about the right time. Remember the first rule of investing? Don’t lose your money! Don’t fall into this one.

Comments from users 1, debates from both sides

Type in “bio-disc scam” into your favorite search engine & you’ll get quite a few results. If you really want to earn some money, and not scam someone, I suggest you take a look at this post about earning some money without scamming people.

Share your thoughts here about bio disc. Have you come across it, heard it, been there done that and it not a scam?

From these people and my own observation, I began to think why things should be done differently than the way it is today. Although there are times when change is not good, as is too much change too often, most things should move forward for the better.

As I type this article, I’m trying out the all in one Flock browser that is quite powerful. I used to use a blog client called Blogdesk. It is a wonderful software for off line publishing to blogs. Since I downloaded Flock, I have to give it a try. So far it looks good.

The thing that prompted me to write this is I’m a bit of a technology enthusiast. I don’t necessary buy the latest gadgets but I like looking and checking them out. In previous post, I wrote about the Asus Eee Pc and how you can extend the life of your computer .

Recently Asus came out with the Eee Box, a simpler, cheaper way to do things on your computer. Coming in various configuration, it sells for between $269 and $299. It is small and definitely challenges the convention that most of us want everything in our computer, which is not true. By the way, Asus current line of computers and thinking is making them tons of money. The Eee Pc is flying of shelves. I’m not going to write much about Asus’s machines since this in not a gadget blog but draw your attention to how you manage your finances.

What Asus did was instead of focussing on increasing features, putting more and more powerful processors to run bloated software, they went the other direction by keeping things simpler, reducing features, using less bloated software. The result is tremendous sales. Which goes to prove that there is a market for simpler stuff.

Instead of sophisticated, complicated financial plans, multiple accounts, funds, etc some of us might be better off doing more with less info. I mean how many of us have time to monitor multiple shares, mutual funds and/or property and still get work done and have a life? Not to mention reading blogs like this one. I think not too many.

Therefore instead of gathering information trying to understand the difficult stuff, when it comes to finances, is just as important to stick to something you understand, simple and works for you. It doesn’t mean to don’t expand your knowledge, but you do the basics first.

Have you ever heard the story of the Slow Boiled Frog? I’m pretty sure you have but for the benefit of those who haven’t, it goes like this.

Most people (after they have been told countless time, including me)belief that when you put a frog in a cool pot of water and slowly heat it, the from will get accustomed to the slow temperature changes and not do anything to escape. It will remain comfortable until it suffers it gets too hot and dies. Conversely, if you drop a frog into a pot of boiling water, the poor frog would do anything to get out it if can.

This story if often used as an analogy to show that people would not react to slow changes in the environment until it is too late. Subprime etc. And it is very often used in business meeting and conventions. Well, the truth is out. The next time you boss tells you about the slow boiled frog story, you know better. But please also keep your mouth shut. Else it is not good to embarress your boss in a big meeting, yesss?

“Professor Doug Melton, Harvard University Biology Department, says, ‘If you put a frog in boiling water, it won’t jump out. It will die. If you put it in cold water, it will jump before it gets hot — they don’t sit still for you.’” Next Time, What Say We Boil a Consultant FastCompany.com

Here is further proof

Dr. Victor Hutchison of the University of Oklahoma) answer was
as follows: ‘The legend is entirely incorrect! The “critical thermal
maxima” of many species of frogs have been determined by several
investigators. In this procedure, the water in which a frog is
submerged is heated gradually at about 2 degrees Fahrenheit per
minute. As the temperature of the water is gradually increased, the
frog will eventually become more and more active in attempts to escape the heated water. If the container size and opening allow the frog to jump out, it will do so.” Naturally, if the frog were not allowed to escape it would eventually begin to show signs of heat stress, muscular spasms, heat rigor, and death.

Lesson here, don’t believe everything you hear or read. Remember one Kiyosaki from Hawaii. It is believe that Rich Dad is fiction. And everyone quote’s RK. Could it be another urban legend?