� 9 -15, 1919 MICHIGAN crnZEN 19
Finances/Money
ns
ByJ R.N
In America today, there is an
entire industry producing -large
sums of money by simply spon
soring seminars aad workshops.
Americans have an insa�1e
desire for kno Ieda and ap
pear willing to pay anywhere
&om S2S to $SOO to listen to
e expert tell tbcmho to im
prcwe their 1iYes.
The most popular - and
• !bCl'efo e �t income produ-
mg - se focus on weight
I how to more income
and various f ms of mental
programming or a happiner
and more su fullife.
Although there are a host of
professional groups sponsoring
. �c:se highly profitable events, it
mdeed possible for just an
average person to organize a
successful seminar or orkshop
and easily produce an extra $SOO
to $2,000 a month without a
whole lot of work. The income
produced will only grow once
you become more experienced
The key point is that in order
to make money in this industry,
I
a seminar and earn extra mo ey
You do not have to be an expert &om the rest Talk to friends to determine
in any particular field You can Next .to publicity, the most what is "high concept- in your
"hire- a speaker or expert to ac- important thing you must do is area. Do not overloo the ob
tually conduct the workshop. select a -Jiigh concept" topic. vious. For example, several
Your job is to organize and This is a topic which as soon as years ago 'a friend talked me into
publiciZe the event. someone hears it they im- elpiDg sponsor a Halloween
You do not have to be limited mediately say, Td like to (Of party for adults. I did not think
to the major topic areas of need to)·go to that.- people would'bC interested. But
weight loss, gettiag ricb in real In order to be high concept, on the night of the event better
estate or improviDg your mental the foals of your seminar must than 1,000 people showed up
abilities. People are making be something people are al- paying $12 each to get in. '
han�me s� right now by or- ready interested in. ·Weight The bottom line is that there
ganmngsemmanor rlcshops loss", -aedit repair", ·earning ism�ytobemadesponsoring
on everything from "How To more money" are aU high con- seminars, workshops and
Improve Your Writing Skills- to eept topics, events.
modeling clinics and from CD' t b
credit repair to WJ:Iow To Make ra es e
Money By Throwmg A Party,"
There are three keys to the .
succ:ess of any event, you may By J
decl�� to sponsor.. Publicity, I a
publifllY and more publicity. Ian in my pass
Remember, not only must 5 l/lCIJ d I'd
people hear about your event interest safely,
but they must hear about do? L Ponder,
enough a lot. D. C
. There is amazin competi- That's great you have saved
�on for the consumer's atten- a few dollars and you would like
tion. Thus, not only db you need your money to wOrk harder for
publicity, youmust also make it you. Check the interest rates at
unique such that it stands out your bank on CD's' from six
months to eighteen months.
Rates are rising now and you
should be able to get 8.75% for,
six month, 9.25% for one year
and as much as 9.75% for
eighteen months! Remember to
check that your bank deposits
are covered by FDIC!
DIOlnllUDlinL enpnecrina. openIiofts. business
1dll1l1IU. ... 1:ioa and ICCOUftrift. well ediriftl and
reponin ..
Lam how yow sIcills march our mission ID I
produce quality newspapers with talelued and diverse
professionals. us III JO ·ANP At a taU
free. 24-bour. le1ephone job 'bank sponsored by me
American Newspaper Publishers Associabon. l
amouncinl proCessional posiIions available in me
newspaper indusIry.
N, ..,., ilt/onNIIiIJIItJbtJfIl JO-..uf� sItoMJ4
aMMr.:I JoM D .• w,. fir I'tIIriN 1' ...... ANI'A.
r,.N_..,C.." ••• 17«11D11l1ta�.
tv.. D.C. 20041
(70J,641-100IJ
er
Scholar hlp
money for
minorItY
students
Financial aid (or AfrieaD
Americans and other miDority
studeats' readily available if
the � sources are tapped, ac
cording to a best-selling
pamphlet
Copies of '75 Scholarship'
Every Black HiP School Stu
deISt Should KDow Abour are
available for S3.50. postpaid
from Beckham House'
Publishers, Iac, SUite 700 2153
CwmiDgbam DriYe, Iiampton,
23666.
aad dol-
savi
to get Oft
t sho d I
W ashi�gton,
I am re dy to purch my
IRA-lor 1 , are CD' a good
choice? T. Robinson,
Warhirlgton, D.C.
A CD is excellent for your
1988 IRA. If you want a safe,
secure, fixed rate investment
aft a th ds dollars
in ted b I eel I S oold get
better lee, What should I
do? J. Welch, Oaicago, IL
'Your representative should,
view him/herself as an employee
of yours, always working on your
behalf. This is not nly inregards
to service calls but - eommis
sions as well. If your "REp· only
responds when he/she makes
money then you do not need
them. Call the office where your
representative works and have a
little talk with management If
your problem is no solved to
your satisfaction then I
recomend having nother
company's representative as-
ume your accounts. Only
redeem your accounts as a last
resort!
Joseph D. Phoenix, Ir. is a
then a CD is for you. Interest
rates have risen over the last
nine months so there are attrac
tive rates out there if you shop
around. Whether you are at a
bank or savings and loan be sure
to look for the FDIC or FSUC
coycrage respectively! ,
by Br
pro ide a record 01 your finan
cial cvponvihilit if you pay
your ill, promptly.
1\ third option i-, to ta"c out
a ,mall loan. for c ample. a vtu
dcru.loan or an- auto loan. You
may need to have a co-vigncr
on your fir t loan. hut if you
pay a, agreed. thi-, loan should
help you c tublivh your credit
worthm ........
'u-signer
When loan appl icant doc ...
not have an cvtubli ... hed credit
record. ann\her per�(>n who i\
willing and ab e may agree to
guarantee rep .1yment of the
loan. In other word�. the co
... igner \ay\ "If repa�m nt i\
not made. I will make it." Th
obligation i\ real and a financial
in\titution ill 10 to th co-
i ner for repayment i n e ... -
... ary. Before nt ring �u h an
agreement. th you and th c -
...igner h uld con ider th
... hared re pon ... ibiliti y u have
to ea h th r and to y ur lend r.
YOUR MONEY MAlTERS
If An Emerj; ncy ris s
I 0 all you can to mak . loan
pu mcnt on time a' agreed
.cuu . lailure to do () could
damage your cr 'dit record, If an
emergency ari ..... contact your
financial in ... titution a, ... ( m a,
po ... ihle. Your hanker will livten
and try to ... ugge\t way- to solv
the problem. You'Il find that the
financial in-aitutionv exten ... ive
expcrienc can be u ... ed to your
benefit in mo ... t ... ituation .... ,
he wive ... t courv i ... to c n
tact the financial in�titutjon
bef()r a pr blem
cal. Your ... in r
met with an equally �incere
effort on th part" your finan
cial in�titution.
Brenda L. Schneider i.\ "ice
pre.\ident and director of
mmmunit_ relationsIor
Manufacturer.\' National BanAl
() Detro;t.
I I
\
One of the 1110,1 important
factor financial In titution-, 1I\1.'
in e\ alualing loan apphcarion-,
i, your crcdu c pcncncc or pa\1
hili pa mcnt hi tor}. Financial
ilhtituliOll\ want to "now about
, our dcpcnduhi IiI Y and how
willing ou arc to pa a\
agreed. If you ha cn 't had any
previou c pericncc with credit.
ho can you vho your will
ingne ...... to pay for credit a
agreed?
E. tablishing a .redit Histor.
One ay to c,tabli ... h tinan
c al hi\tor I' to �)pcn ch c ing
and aving\ acc,ount\. Although
thi alone will not rna e you
credit worth . e cry financial
i n \ til uti () n wi" a... fo r t hi ...
inform'ation nccau c it renee ....
y< ur abilil} to handle m ney
properJ}.
A ... econd wa 10 c t;J I; h
credit hi (r. • I) open a l:redit
account at a department tore.
hi ... type t ac ount i u\uall)
the a ... ie ... t t blain and ill
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