Balancing Your Energy Bank Account

Have you balanced your Energy bank account lately? Did you even realize you had one? Since life itself is energy, each one of us has an Energy Bank Account! All of life is about investing and receiving Energy. And just as you can become more financially abundant when you make wise investments with your money, you can become Energy abundant when you make wise investments with your Energy.

Much of your Energy is invested in earning and spending money. Your Energy is transformed into money, which in turn is deposited in your bank account. You go to work where you transform physical Energy into money Energy. Money Energy is then transformed into the goods and services that you need and desire. Look around your home. All that surrounds you is a reflection of your ability to transform your life’s Energy into the things that bring you physical comfort.

With money Energy, when you make wise investments, you build your financial account; when you make unwise investments, you deplete that account. Why do you think we call unwise choices, “poor” choices? You would never make a financial investment in a product that charged you interest, right? And yet, you will make investments in activities that do just that when they deplete your Energy bank account.

Poor investments are things like eating food that drains you energetically; choosing to sit and vegetate rather than taking a brisk walk; “spending” time with people who drain you, worrying or feeling anxious about past or future events, feeling too afraid to risk doing something you love, then beating yourself up about it. Even having clutter in your home slows your Energy flow and costs you Energy when you spend unnecessary time searching for something. These are just a few examples of the activities that are charging you interest on your Energy investments. These poor investments are bound to deplete your Energy bank account.

Increase your Energy bank account by making wise Energy investments. You know how to discern what is a poor investment and what is a wise investment. The key to building your Energy bank account is to balance your account often. In fact, you can do this on a daily basis. Check in with yourself at the end of the day. Did you make Energy investments in the things that paid you interest, nurtured you and supplied you with an abundance of energy?

We are all here to be Energy Abundant! It’s just a matter of making wise Energy investments in ourselves. When we place value and invest in ourselves, the abundance will begin to flow nonstop!

Sharon Marquart is a gifted Certified Personal Coach, inspirational speaker and author. For more than 13 years she has share with audiences large and small. She is the author of "Working For God," "Living With Soulful Purpose," and "Creating A Wedding Ministry." Her coaching practice http://www.Livingatyes.com is Living at YES!(You Embracing Spirit) where she passionately supports clients in identifying mistaken beliefs and self-limiting thoughts. She coaches them in getting unstuck, setting intentions and living possibilities! Sharon teaches via tele-classes and facilitates tele-groups and e-courses. Her coaching clients are nationwide. Sharon is committed to bringing Metaphysical and Spiritual Truths into everyday language and applying them to everyday life experiences. Sharon is the Direcotr of Spiritual Coaching at the Coaching Academy of North America. http://www.spiritualcoachingtraining.com

Do You Need an Offshore Bank Account

When you think of offshore bank accounts do you see shady characters carrying around bags full of money? Today’s modern bank legislation does not allow banks to accept cash deposits or transfers of US$ 10.000 and up without presenting proof of the source of funds.

All serious establishments will ask you to fill out forms known as KYC or know your customer. Find out more about KYC: see http://www.offshoreincorporation101.com/KYC.html This is not only to be able to give you better service but to protect themselves in case you are accused of money laundering. These forms also allow the bank to know your sources of income. Knowing your cash flow the bank will not ask you to prove the origin of the funds every time you make a transfer.

Even though you have filled out a KYC form the bank may or may not at its discretion allow you to start a relationship with them.

What’s the difference between your local bank and an offshore bank? Basically any service you will get locally will be available offshore. Then why open an offshore account.

Offshore banking is no longer a handy way to conceal income from illegal activities or unreported business profits.

There are many justifiable monetary reasons to open an offshore bank account. As a resident in a country with an unstable political and economic history, you want your money in a safe place. The government could impose foreign exchange restrictions or there may be a bank run. A coup d’etat may make your money inaccessible.

Non-residents usually pay minimal or no taxes on interest or profits from investments. Depending on your citizenship, country of residence and if you use an offshore company as the account holder you may still have to pay taxes.

Many large international banks have branches or are incorporated in tax havens. To be on the safe side, you would probably be better off not using a bank that has branches or is incorporated in your country of residence.

American citizens must file an annual tax return no matter where they live and include offshore holdings. Starting July 1st, 2005, tax havens which are British ‘dependant territories’, will apply the European Union’s Saving Tax Directive of 2005. Initially this is 15% on returns of savings paid to nationals of EU Member States. Corporations are exempt from this withholding tax.

Always consult a tax specialist who has experience with the jurisdictions involved before starting your offshore tax journey. You do not want any costly surprises after you open offshore company and bank account.

David Elefant is a freelance writer and world traveler who writes about the use of offhsore companies, finance and subjects in which he has apersonal interest. Offshore Banking

Easily Access Your Bank Account Information

Bank account information is a service that is largely done through the Internet. It is the fastest possible way to check your bank account, and make money transfers and so on, and so forth. There are many companies that offer bank account information through the Internet. You can check your account or your bill for free, and also avail of the enlarging numbers of other offers, put through by banks and companies.

You don’t need to go to your bank to make deposits, you can always do it through the net. You can transfer money from your account to someone else’s. Traditional bank services have been totally replaced by online possibilities. Most transactions can now be completed online. Direct depositing has eliminated the need to take a paycheck to the bank for deposit, which means that most of us get paid faster this way too!

This virtual banking offers a lot of new services as well. The online banks have a much lower overhead and in turn they have better rates of return on money market and saving accounts. Opening new credits is highly stimulated and a lot of online companies give you privilege if you open credit by them. The rate of interests is also very profitable. Deposits can be easily made at any local UPS store, if you want to. Visa check cards are a must, they give you the convenience to draw money from every bank at over 1,000,000 locations world wide.

There are two forms of online banking: online banking services with a traditional banking institution or virtual banking with an internet bank. You can try both of them , and discover the pluses and minuses for yourself.

Morgan Hamilton offers expert advice and great tips regarding all aspects concerning finance. Learn more at Bank Account Information.

What's the Point of an Offshore Bank Account?

Sigh – when I’m asked what I do for a living I’m then asked the ‘isn’t offshore banking illegal?’ question - having answered that I’m usually asked ‘so what’s the point of an offshore bank account?’ - because having pointed out that there is nothing unethical or illegal about opening an account offshore and that not everyone who ‘goes offshore’ does so to evade taxation, people seem to wonder why on earth anyone would want to bother with an offshore bank account in the first place!

It’s funny how the offshore world still seems to be synonymous in many people’s minds with shady dealings, fugitive tax exiles and crime - when in actual fact by simply opening a bank account in a country other than the one in which you’re currently resident - like you might do if you own a holiday home abroad for example - means you’ve effectively ‘gone offshore!’

So if you’re wondering what’s the point of an offshore bank account and whether you could actually effectively use one, read on to find out more…

As stated, an offshore bank account is one opened in a jurisdiction other than the one in which you’re currently resident – although usually one considers an account opened in a low tax jurisdiction to be a ‘proper’ offshore bank account – so the Cayman Islands or the Channel Islands are more likely to be synonymous in people’s minds with offshore banking than Spain or Mexico for example. But in actual fact, Spain and Mexico are just as likely to be used by non-residents for banking purposes as any because many people open accounts in countries where they have a second home, where they holiday frequently or where they regularly work.

Just think about it - if you’re considering buying real estate abroad or you often travel to a given country for work or leisure breaks it may make sense for you to consider opening a bank account locally so that you can set up standing orders and direct debits for things like your water or electricity supply for example, or so that you can have funds available for a local transfer when you want to do a bit of shopping or sightseeing.

Other people expatriate and go to live or retire abroad and some of the countries they choose have different banking laws or rules and regulations that restrict the individual so much that they decide to keep the majority of their money elsewhere where they can access it easily for example - or where they can reduce the amount of taxation they have to pay out on interest earned maybe.

Some people who live and work abroad end up in countries which are politically or economically unstable – for people such as this it makes no sense to keep their money in a local bank account and in a local currency no matter how much interest they are offered!

Again, in such an instance as this it makes far more sense to have an offshore bank account that is safely protected by international banking insurers and strict local laws in a robust and respected jurisdiction like the Isle of Man for example, rather than in a country where austerity is a possibility or the closure of XYZ Bank Limited would result in the loss of all an individual’s funds with no chance of recompense.

So, if you fall into any of the above categories it’s highly likely that an offshore bank account could be of benefit to you. However, you have to consider your options relating to which jurisdiction, which bank and which offshore bank account type before you move your money, and remember – non-disclosure of offshore funds could land you in a whole heap of trouble! Get advice if you want to get it right.

Rhiannon Williamson writes about offshore saving and investing as well as offshore banking and her website http://www.shelteroffshore.com/ is full of simple, accessible and useful tips, tricks, articles and reports about making the most of your money and protecting your assets and your financial future.

Opening a Bank Account Doesn't Have To Be Difficult

If you're a young person who has just begun to earn some money, it is very important that you know how to open a bank account. Once you do, you'll have taken the first step in a long-term process of financial independence and growth.

A bank account is not only essential to cultivating savings, it is also important for day-to-day financial activities. Before you decide what bank or financial institution with which to do business, however, do some research. Talk to your friends and family about where they do their banking. Ask them questions about the service their bank provides, and whether or not they are satisfied with it.

Next, determine exactly what type of account you want. The two most common types of accounts are a checking account, and a savings account. A savings account does just what its name implies – it allows you to deposit money in the bank that will receive a small amount of interest over a period of time. A checking account is intended more for daily, weekly, and monthly transactions, such as the writing of checks and the withdrawal of cash for various minor purposes. For this reason, a checking account does not usually generate interest.

When choosing a bank account it is crucial to know what services are important to you. Do you want low fees, access to an ATM machine, good customer service by phone and Internet banking? Or maybe you simply want to have an account with a bank that is located conveniently close to home? These are all key questions you must ask yourself before choosing a bank.

Once you've chosen a bank, all you have to do is go to the branch and fill out an application form. Most of the time you also have to provide the bank with an initial deposit for the account as well. Then you are given a bank number and an ATM card (if you chose this option). If you have opened a checking account you will also be given a book of checks.

Jakob Jelling is the founder of http://www.cashbazar.com. Visit his website for the latest on personal finance, debt elimination, budgeting, credit cards and real estate.

Create Your Own Confidence Bank Account

This is a technique that sounds a bit silly when you first hear about it (and doesn't seem at first to get much better as you read on) but WORKS, which is what counts, if you apply it to your life. The idea is to "open" a Confidence Bank Account for yourself. Bear with me on this!

We all feel at times that our confidence could be at a higher level than it is, whether that is in the moment or over a period of time. By using a CBA, we can build our confidence back up to where we would like it to be.

The principle behind the idea is this; every time you do something, big or small, that adds to your self confidence, you make a deposit into your CBA. As you start to do more and more actions that give you confidence, your CBA begins to grow.

You don't need to write down your account but that may be helpful to you. Lay out our account as if it were a real bank account by using a spreadsheet or simply a sheet of paper. Start the account with an opening balance. Decide at what level your confidence is, at present, on a scale of 1 to 10. For every level, give yourself 100 bank credits. In other words, if you rate yourself at 6 on the confidence scale, add 600 points to your CBA.

Now that your account is open, start becoming aware of the things you do in your life that improve your self confidence. This is the key to the technique. It makes you look for the good things you do at times when your focus may be elsewhere.

Every time you notice doing something that is positive, in any area, rate that deed on a scale, and award the points to the account. Not everything we do on a daily basis would have a major impact on us, so be careful not to miss the small things.

A couple of examples of points scoring would be as follows. Let us say that today you have just delivered a presentation at work in front of a sizeable number of your colleagues and strangers from another company. This would be an action that deserves a high number of points, so you could award yourself 200 credits.

On the other hand you also smiled at someone in the supermarket whom you are attracted to. This is not the biggest thing that has happened in your life, but it should be rewarded. Give yourself 25 points. The most important aspect of this system is in encouraging you to spot the small stuff.

As time goes on and your account fills up you will begin to notice an improvement in your level of self confidence. If you find that there are specific areas that you would like to build on, then open a CBA solely aimed at that subject. You could have an account for relationships, work, friends, strangers, anything you decide upon.

Your CBA has no overdraft limit, therefore you can't take out more than you put in. If you do something that you feel has reduced your confidence, don't be too harsh on yourself. Even if what has happened seems like an almighty disaster at the time, just remind yourself that you not only own the account but you own the bank as well.

Try this technique for a few weeks and see if it works for you. Even if you keep the account in your head rather than on paper you should be able to feel a difference in your life.

Allan Cowley is a Life Coach working on a one-to-one basis with clients throughout the world. He provides online life coaching via his website. You can contact him at:- http://www.uk-success-coach.com/

How to Apply for Bank Savings Account?

Financial stability is necessary in order to provide your family the future they deserve. The other side of the coin, which is spending all that you earn, will cause financial instability and the possibility of bankruptcy will surely knock on your door.

It is thus better that you keep some of your earnings in preparation for the good future of your family. Bank Savings Account is money reserved in the bank for future use. Although, it may be accessible when you need it, having enough on your bank savings accounts will be a good means to keep some of your money.

Bank savings account promotes the habit of savings. Aside from being able to save some of your money in reserve, your money may also earn interest depending on the time your money stays in the bank.

How to apply for Bank Savings Account?

Bank savings accounts or deposits accounts are considered assets. Thus, regulation in processing application for bank savings accounts are in place to assure proper handling of the money.

To apply for bank savings account, you will need the money for your deposit, aside from this you will also need to submit the following:

1. Two (2) passport size photographs for each of the individuals applying for bank savings account.

2. Completely filled up and signed application form for bank savings account.

3. Proof of identification such as passport or postal identification.

4. Your social security number is also a requirement.

A single individual, joint savings account or even a corporate savings account may apply for bank savings accounts. All the individual who will access the bank savings account may need to submit all of the above requirements.

How to withdraw from your Bank Savings Account?

As mentioned earlier, you may withdraw or use the money or parts of it when you need to. To avoid problems including illegal transactions, you will need to present your passbook upon withdrawal.

Taking care of your passbook will ensure that no one will be able to access your money without your express approval.

Aside from submitting your passbook upon withdrawal you may also need to present identification, the bank officers will verify your data and the signatures in the withdrawal form. This is a ceremonial procedure, which should not be bypassed.

Proper management of your bank savings account will ensure that the money you are keeping for the future will be kept safely and use of the fund will be managed in such a way that you will be able to make use of it only when it is necessary.

Keeping your money in a bank savings account will reduce the risk of spending in your heart’s desire. This will ensure that your bank savings account will be helpful in securing the future of your family.

What are deposit accounts?

Bank savings account is only one of the many deposit accounts that will help you manage your money properly. Other types of deposit accounts are:

• Money market deposit account

• Time Deposit

• Transaction deposit

Financial stability starts from the habit of saving and one sure way to ensure you will keep you money well managed is by keeping it in a Bank Savings Account.

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