You may have noticed that I haven’t been spending a lot of time here on  Well there’s a good reason for that, and as you can tell by the title I’ve started a brand new blog called Wallet Impact.

Why I Started Wallet Impact

New Wallet Impact Logo 300X100

I started this blog for a lot of different reasons, so here are a few of the reasons I started this new blog.

The Thrill Of Starting A New Blog.  I don’t know about you but starting a new blog has somewhat of a thrill to it with me.  I guess that’s just the geek in me speaking but it really does bring me that entrepreneurial high.


What Would It Be Like To Start Over.   For a long time I’ve always wondered what it would if be like if I started over.  As a beginning blogger back in 2008 I had no idea what I was doing.  I couldn’t even load a plug-in, if you know what I mean.

Now that I’ve been doing this for nearly 6 years now I’ve gotten a pretty good grasp as to what I wish I would have done and things I never should have done.

In fact the ideas are literally pouring out of mind.  I have a lot of things in store for Wallet Impact and it will all be revealed soon enough.


Not Well Defined.  One of my biggest issues with Stumble Forward is that this site tends to be all over the place.  One day I could be talking about investing and the next day I could be talking about staying out of debt.

Doing this dilutes my impact when it comes to my site.  For example, let’s say you love sports cars and I write a great article about how Ferraris are the best car and then the next I follow that up with how to buy the right minivan.

The problem is their is a complete disconnect and the people who really liked the article on Ferraris would be completely turned off by the next days article on minivans.


Allows Me To Experiment.  One of the great things this has also allowed me to do is experiment with other ideas.  For example I started an email list with Aweber and I wrote an ebook called My 3 Step Plan To Save $1000 in 30 Days that I give away for free.

On top of that I’ve also been experimenting with the graphics for each article.  Instead of just putting any old image on an article  I’ve been using Pic Monkey to put together some pretty decent images.  I wouldn’t say they are top notch but I’ve definitely taken things up a level there.  Below are a couple graphics I recently put together.

Escaping The Paycheck To Paycheck Trap

Financial Mistake

Allows Me To Focus On A Very Specific Niche.  Starting a new blog allows me to focus on a very specific niche rather than just being all over the place as I previously mentioned.

With Wallet Impact I am focusing on young families who want to escape the paycheck to paycheck, stop getting by, and start living.


No Advertising.  Finally, the last thing I am doing with Wallet Impact that I haven’t done with any other website is not posting any ads on the site.  With Stumble Forward I’ve made the majority of it’s income off of advertising.

Now don’t get me wrong advertising is a great way to earn some extra income but one thing I feel it hurt the most was my audience.  More than that it can be misleading and contradictory to the message I am trying to put out there.

This does not mean I won’t be earning income from this site though. Rather I plan to promote affiliate products that are inline with my audiences goals and also create products that do this as well.

To say the least this is completely new territory for me.

Here Are A Few Articles To Check Out

To get a taste for the content I’ve been writing here are a few articles to check out.

Final Thoughts…

Finally, if you would like to follow along with my new site you can sign up to my newsletter and I’ll send you my FREE 3 Step Plan To Save A $1000 In 30 Days.  You can Sign Up Here!

Euro Improvements

Does anyone else find it irritating when an interviewee on the television or wireless prefixes their response to a question with “So,”? It works alright in thrillers when the hero is in peril; “So, Mr Bond, we meet again…” Too often, though, is it used as a misplaced conjunction by people desperate not to say “Er,”.

Worse, in the wrong hands it is the verbal equivalent of a patronizing sigh: “In your estimation, professor, how will this thermonuclear war in Haywards Heath affect ordinary in the immediate vicinity?” “So, they’ll be vaporized within the first nanosecond (do you know nothing about physics?).”

Applying the same critique to the subject at hand: “How will Ben Bernanke’s comments to Congress yesterday alter investors expectations of an end to quantitative easing?” “So, he made clear he would wind down the asset purchase program if the economy improved and that he wouldn’t if it didn’t (and investors are therefore no wiser than they were previously).”

With his two-handed economists’ phraseology the Federal Reserve chairman brought nothing new to the debate. In May he had said he would wind down the asset purchase program if the US economy improved and in June he had said he would not wind it down if it didn’t. Yesterday he lumped the two observations together, leaving investors right where they started. The US dollar starts today mostly a little firmer than it began Wednesday but the process was a gradual one, with no sudden leap attached to Mr Bernanke’s congressional testimony.

It is no firmer against the proud pound though. Sterling was Wednesday’s runaway winner, having shot higher when the minutes of July’s Monetary Policy Committee meeting showed an unexpected nine-nil vote in favour of the monetary status quo. Governor Carney didn’t vote for another round of asset purchases and M/s Fisher and Miles, who together had been holding out since February for more QE, either deferred to their new boss or decided the UK economy is recovering sufficiently not to need their help.

The effect on sterling was electric. As with the Spanish Inquisition, nobody ever expected a 9-0 demolition of the case for more QE. Investors expressed their surprise by taking the pound an immediate cent higher against the US dollar and the euro (for more information on interest rates visit Moneycorp). On the day it is stronger by an average of 0.7% against a basket of ten of the world’s most actively-traded currencies. In practical terms sterling is up by one and three quarter yen, half a US cent and nearly one Swiss and euro cent.

Slightly better-than-expected UK employment data helped the pound’s case but paled into insignificance alongside the MPC vote. Other ecostats yesterday included improved Swiss business sentiment, falls in US housing starts and building permits and an unchanged 1% benchmark interest rate in Canada. Overnight, Australian business confidence deteriorated from +2 to -1 and Switzerland announce  wider trade surplus as imports fell more quickly than exports.

On today’s agenda there is nothing of any importance from Euroland or North America to anyone who doesn’t take an unhealthy interest in Euroland’s current account, Canadian wholesale sales or US weekly jobless claims. It will therefore be left to UK retail sales to make the running. Monthly and annual increases of 0.2% and 1.7% would vindicate the forecasters. Bigger numbers would almost certainly mean another good day for the pound.

Technical Levels




Resistance: 1.3350 1.5475 1.1825
Support: 1.2750 1.4825 1.1300

Major economic releases due today



UK Retail Sales 2.1% 0.1%
US Initial Jobless Claims 360,000 344,000
US Philadelphia Fed. Manufacturing Index 12.5 8.0

Sterling Today

Euro 1.1577
US Dollar 1.5169
Australia Dollar 1.6544
Canadian Dollar 1.5812
New Zealand Dollar 1.9264
UAE Dirham 5.5719
Swiss Franc 1.4326
Rand 14.9191
Yen 151.97
Egypt 10.6227

Date (e.g. 24/2/11)

Time (e.g. 16:27)

Indicative rates as of



For more updates check out international money transfer experts, Moneycorp.


Delivery vanGetting goods from point A to point B is a vital part of almost every business, anywhere in the world. Transportation is a vital part of how business operates and without it things can very quickly grind to a stop.

I know from personal experience from running my own business and shipping my own products. It is important to know that when goods need transporting they will get to where they need to go as quickly and as efficiently as possible, keeping customer expectations high and your cash flow coming in.

Most businesses will have a commercial van vehicle at their disposal for precisely this reason. Because of the importance attached to this, it is always worth looking very carefully at the operational needs of the organisation and ensuring that any vehicles purchased meet these needs. A building supply company will have very different needs in terms of commercial vehicles, than a cake company or florist for instance, but one is just as important as the other.

Quick Tips: When it comes to running your business all vehicles serve different purposes.  So make sure make the insurance you carry on those vehicles reflects that.

Having analysed these needs, you might find that you are in need of specialized vehicles which might include having in-vehicle refrigeration, an extra wide wheel base, extra headroom or tail-lift for loading heavy equipment. These additions can come at an extra financial cost in terms of insurance, but this could be a worthy investment if they’re important features.

Matching Insurance To The Vehicle

With specialized needs come specialized insurance; cheap van insurance from The Co-operative Insurance might well make the difference in cost, meaning you won’t feel like you have to scrimp on the type of vehicle that your business actually needs. When looking at purchasing vehicles, you should always take insurance costs into account; not just so that you don’t get a nasty surprise when you do get around to insuring your vehicle, but so any saved cash can be put towards the price of the vehicle itself.

That might mean you’re able to afford a more environmentally-friendly vehicle with better fuel economy, or a newer vehicle with less mechanical wear hiding beneath the chassis.

Never lose sight of the reasons why your business needs its own vehicle in a foolish attempt to save money by cutting corners. An ineffective van will ultimately let the business down and only need replacing further down the line. There is a time to compromise with things and a time when compromise is ill-advised. Putting your business’ reputation at risk, for the sake of a few pennies on a van or van insurance, certainly falls into the latter bracket.