As discussed in a previous post, life insurance is a complicated subject and there are no easy ways to know which one is right for you, how long you should take it for, how much insurance is enough etc. etc.  No one can answer these questions for you—you’ll have to work them out yourself.

But, what Adam Ginsberg can do to help you reach a decision about which type of insurance to buy is break down the two kinds of insurance available, i.e., term insurance and permanent, or whole life insurance.

The most basic difference between a term policy and a whole life policy is that a term policy only provides death benefits to the insured person’s beneficiaries in the event of his or her death. A whole life policy, on the other hand, has an investment component along with death benefits which builds cash value over the life of the policy. Therefore, the returns on a whole life policy can be enjoyed by the insured person as well during his or her lifetime.

Secondly, a term insurance policy is taken out for a fixed term, like 10, 15 or 20 years. On the other hand a whole life insurance policy lasts for as long as you keep paying your premiums.

The third basic difference between the two policies is the applicable premium. Term insurance plans have very low premiums compared to whole life policies as a part of the premium for the latter is invested in building the cash value component as described earlier.

Apart from these basic differences, what you should consider when choosing an insurance policy is the death benefit offered.  On one hand you may be able to get a $500,000 term policy, for say, $300 annual premium, but for a whole life policy of the same amount may cost you $3000 every year. Therefore, before you make a decision, you should consider whether you are better off investing in a term policy for $300 and investing $2700 in other investment vehicles with higher returns or if you should hedge your risk and invest in a whole life policy for lower returns.

For more tips from Adam Ginsberg on finance and how to make money online read the secrets of an auction millionaire.

Life Insurance is a simple and, at the same time, a complicated topic of personal finance. Simple because it serves a very simple purpose—to provide for your family and loved ones after you’re gone or even for yourself in case of loss of income etc. And, complicated because we can almost never figure out how to predict how much we’d need in the future to keep us protected from these anticipated losses.

Adam Ginsberg, one of America’s leading internet entrepreneurship and wealth building coaches sheds some light on the various kinds of life insurance and how to choose the right one.

Various kinds of life insurance Life insurance can be split into two broad categories, i.e., term insurance and whole life insurance.

Term insurance basically guarantees a specific sum of money to be paid to the family of the insured person in the event of his or her death, or in some cases permanent disability as well. Term insurance policies are taken out for a specific period and a specific amount. If the insured person outlives the period of the policy, then the policy expires. In short, term policies are pure insurance in the event of a tragedy, and nothing more.

Whole life insurance, on the other hand covers the insured person throughout his or her life span. These policies include a variable cash value that builds over time along with guaranteed death benefits. However, the premiums for these policies tend to be higher since a portion of the premium goes into making investments on your behalf for that cash value component.

Choosing the right insurance Now this is the tricky part. There are as many points-of-view on how to choose the right insurance as there are people you know. However, each individual’s requirements are as unique as the individual themselves and only you can decide which insurance policies will suit you best. There many of your life’s factors to consider while making this decision and Adam Ginsberg suggests a basic approach to analyzing various factors before making a decision.

Factor #1 – Your Age

 Age is perhaps the most crucial factor while deciding on your insurance policies. For instance, if you are young and single or older with grown up, independent children then you may not need pure life insurance at all. However, if you are married and have children with other liabilities like mortgage or auto loans, then you should have at least one term insurance policy.

Factor # 2 – Policy Period

If you have children, then the term period for a life insurance policy should be long enough to cover your children’s college-going age. For instance, if you have children aged 10 and 5, then you should take an insurance plan for a period of 15 years, which will cover your younger child till his or her college years.

Factor # 3 – Insured Amount

This again is a very crucial factor that tends to confuse people while choosing an insurance plan. According to Adam Ginsberg, the ideal insured amount should be the one that covers all your liabilities, like your mortgages and auto loans, and a few times your annual income to help your family tide over in the event of your death, and get back on their feet again.

These are the three basic factors that influence your decision while considering taking out a term insurance on your life and should be analyzed meticulously to help you get the right decision.

Keep a look out for more articles on insurance advice from Adam Ginsberg on this website. And, for any feedback that you may have on our articles, please feel free to write to us.  

Do you dream of owning your own business? Does the idea of setting your own hours make you weak in the knees? Becoming an eBay entrepreneur might be the perfect job for you. My name is Adam Ginsberg and I found my success by becoming an eBay PowerSeller. Many years ago, I was like you and I worked a regular nine-to-five job. I dreamed of starting my own business but worried about leaving the security of my regular job. Finally, I decided to make the jump to become an eBay entrepreneur and I haven’t looked back since. Here’s how I did it:

Do Your Research eBay takes about 9% of every transaction you make online. There are other fees such as fees and shipping costs as well. Make sure you do your research when it comes to becoming an eBay entrepreneur. Visit the eBay site often and research other businesses like yours. How do they market their services and products? How can you set yourself apart from the completion? You have to differentiate yourself to become successful using eBay

Make a Plan Before you create your eBay account, make a business plan. Successful entrepreneurs always have a plan of action. Put your research to work. Purchase the eBay software you need, take pictures of your products, and map out how you will sell them online. You should also create a budget and marketing plan. Take advantage of social media platforms such as Facebook, Twitter, Pinterest and LinkedIn to market your products and services.

Re-Evaluate Your Progress Every Three Months  You should re-evaluate your progress on eBay every three months.  Set aside some time to see what works and what doesn’t. Are you selling as much as you thought you would? What marketing tactics have worked and what has tanked? How is your supply and demand? Do you need to hire additional help? These are some of the questions you should ask yourself every three months.

Many people dream of owning their own business. Becoming an eBay entrepreneur is a great choice for many individuals. Make sure you do your research, make a plan and re-evaluate your progress every three months to ensure success. If you want help with your eBay selling plan, please feel free to contact me anytime. I look forward to hearing from you.

Posted on behalf of Adam Ginsberg by the Adam Ginsberg Team Adam Ginsberg is helping people to become financially independent with his resources like eBay templates, eBay software and eBay tools. If you want to know more about his resources you can visit Secrets of an Auction Millionaire, Success with Adam or even Adam’s main website.  You can also listen to some testimonials of his satisfied customers.

If you are young and have a stable career, then you should look at starting to save for your retirement (if you haven’t started already). Remember, the sooner you start, the bigger your retirement fund will be. Heck! You may even be able to retire much earlier too. Imagine playing golf or relaxing by your beach house on a weekday by the time you are 45, or even 50. No more Monday blues or rush hour traffic. Sounds great, doesn’t it? It is possible, provided you start building up your retirement fund early, and build it right.

We all know that the economy doesn’t look good right now, but the depression isn’t going to last forever. The stock market’s volatility has eroded many a retirement funds, and don’t seem to be recovering any time soon. But, there are other avenues where you can invest to beat the volatility of the stock market or the low returns on cash deposits, not to mention the ever growing inflation. For instance if we take the annual inflation rate at 4% (an average of the last few decades), then a fund of $1 million after 30 years will be roughly equivalent to $300,000 in today’s value. So do the math and figure out how fat your retirement fund should be to live on comfortably after you stop working.

 Adam Ginsberg, a highly successful entrepreneur and wealth-building coach, recommends two key areas to invest in that can boost up your retirement fund beyond the cost of inflation.

1. Gold That’s right! The good ol’ shiny, yellow metal. Gold prices have beaten the economic downturn, the crashing stock markets, the economic depression, and have risen the most in the past decade. Gold has always been a practical investment for the pragmatic citizen. The rising inflation and the eroding value of paper money have had little effect on the value of this precious metal. Adam Ginsberg strongly recommends including this commodity in your retirement nest egg. Now, you could buy gold in a variety of ways too. The most common is to buy this metal in the physical form of bullion bars or coins. But remember when buying physical gold that while bullion bars are available at prevailing market prices, coins, on the other hand, are priced at perceived collector value. The second option is to invest in Gold ETFs (exchange traded funds), which too are traded at the prevailing market rates. This way you do not have to take physical possession of gold but instead get fund certificates, which are easy to store and faster to liquidate.

2. Real Estate If “are you kidding me?” is the thought in your mind right now, read on and you’ll know why Adam Ginsberg recommends investing in real estate. Sure, real estate has probably felt the worst brunt of the economic crash in the last few years, which is exactly why it makes such a lucrative investment option. Home prices are probably at their lowest right now and so are mortgage interest rates. So, go ahead and buy yourself a home. Take out a mortgage on it and pay it off. Over years the demand for real estate will grow, because the population will grow and the economy must grow, so the prices will grow. Secondly, once you’ve paid off your mortgage, redirect your mortgage installments to more traditional retirement savings. Third, once you retire you can consider selling off your current home and buy yourself something smaller, which could possibly get you some extra cash to spend in your retirement years.

 While these investment options come highly recommended by Adam Ginsberg, you should do your own research before you decide to put your money into them. And, if you come across some more lucrative areas to put your retirement money into, we’d love to hear about them.

Adam Ginsberg helps people to become financially independent with his resources like eBay auction templates, eBay software and other eBay tools. If you want to know more about his resources you can visit Secrets of an Auction Millionaire, Success with Adam or even Adam’s main website.  You can also listen to some testimonials from his satisfied customers.

Remember how carefree and adventurous we are in the prime of our youth. Remember the exhilaration of landing our first real job (summer jobs in school not counting) and the pride in getting our first paycheck that we end up blowing, in just a day or two, on buying stuff for ourselves, our friends and our family. Remember all the subsequent paychecks that end up the same way and we are broke after just a few days of payday, and live off our friends or family till the next payday arrives. Living for the day sounds like a great motto and there’s no worrying about the future. Soon we are in the middle of our careers, doing well for ourselves and looking up in our lives, planning to settle down, own a nice house, maybe get married and have a kid or two.

That’s when we realize how expensive living can be. That’s the period in our lives where we are only working to make mortgage payments, tuition fees and insurance premiums. Our own dreams and personal goals are put on the back burner till “retirement”. And then it hits us—we won’t have a salary to live on when we retire—and knocks the wind out of our sails. How are we going to live after we retire, we ask ourselves. How will we maintain our lifestyle? How will we travel? How will we do all that we hoped to do and still make the day-to-day expenses and the monthly bills? By planning for it, of course, says Adam Ginsberg, one of America’s well-known coaches and mentors on internet entrepreneurship and wealth building.

Here are Adam Ginsberg’s top tips for building up a big fat retirement fund that will not stop you from doing anything that you want in your golden years.

Top Tip #1

Start Early

That’s right: start saving for your retirement as early as you can. While you may have to cut back on a few parties and extravagant meals, you can put away a lot more when you are young and single than when you settle down and comforts become a priority. Also, when you start saving in your youth, you can put more money in high-risk portfolios that could get you high returns by the time you reach retirement.

Top Tip #2

Diversify your portfolio  

There are many investment options available for you to plan not only your retirement fund, but also all your needs up to retirement. There are saving accounts for emergencies, IRA and Roth IRA accounts to balance your tax savings and retirement savings, 401 (K) accounts, mutual funds for balanced growth of funds, real estate investments to keep up with inflation and so much more. It all starts with what your goals are and the research you put in.

Top Tip #3

Involve your Family

To meet any goals that you may set yourself, it will be equally important to get your spouse’s support in meeting those goals. It’ll be even better if you and your spouse share the same retirement goals, because then you’d both know the sacrifices and hard work it would take to meet those goals. If you have kids, it would be a great idea to involve them in the discussions as well. This will not only teach them the value of money early in their lives, but also the good habits of saving for the future.  And, you never know, they just might surprise you by springing for their college education (or a part of it) themselves when the time comes.

For more tips and tricks on how to build your retirement fund, or if you have any tips of your own that you’d like to share with us, we’d love to hear from you.

Adam Ginsberg is helping people to become financially independent with his resources like eBay templates, eBay software and eBay tools. If you want to know more about his resources you can visit Secrets of an Auction Millionaire, Success with Adam or even Adam’s main website.  You can also see some testimonials of his satisfied customers.

Adam Ginsberg dons many hats: he is an eBay entrepreneur, author, speaker, trainer and mentor, internet marketing guru, and the list goes on. But one thing that he is not is a FRAUD—which, unfortunately, some people have made him out to be all over the internet.

Adam Ginsberg, very far from being a fraud, is a very successful internet entrepreneur and he has developed his own systems to achieve success in his internet ventures. And, only after trying and testing these internet based business systems does Mr. Ginsberg bring them out in the market for other people to buy and use in their own business endeavors.

However, while a lot of his customers have invested their time along with their money to understand these systems and use them exactly as they are supposed to be used to achieve the kind of success that Adam Ginsberg claims, there are a few who have misinterpreted Ginsberg’s online business tools as get-rich-quick schemes and have dished out their money on them hoping that these systems would work for them without having to put in any effort of their own. In the case of Adam Ginsberg too, his customers who have failed to extract the true potential of his systems, for whatever reasons, have been quick to jump on to the internet band wagon and started calling Mr. Ginsberg a fraud and his systems a scam.

Many of his failed customers have questioned Mr. Ginsberg’s intentions in selling his systems to the public, when he could keep them for himself to prevent competition and earn more money off of the internet. Sure Mr. Ginsberg could do that, but why would a businessman develop a successful product and not sell it in the market? It does not make good business sense. If an entrepreneur has invested his own time, effort and resources in developing a unique product, and if he stands to profit more from selling his product in the marketplace, then it makes perfect sense for him to do so. And Adam Ginsberg does exactly that. Occasionally, there are complaints about the high prices that Mr. Ginsberg charges for his products. Again, like any successful businessman, when Adam Ginsberg has faith in his products, their uniqueness and what they can earn for his customers, he has all the right to charge what he feels is appropriate for his products. Profit is, after all, the prime objective for any business, and the fact that Mr. Ginsberg has been successful, and has helped many others to be successful too, is probably the strongest argument there is against the alleged “Adam Ginsberg fraud”.

So, the question to ask is whether we should believe everything that we read on the internet without making an effort to verify the facts for ourselves, or if we should try and gather as much information for ourselves before we form our own opinions about a person and his business. Especially when you see something labeled a ‘scam’ or a ‘fraud’, you’ve always got to check to see who’s complaining, and for what reasons the complaints are being made. If you have heard about the Adam Ginsberg fraud story, and want more information about this alleged fraud, you can get all the facts directly from Adam Ginsberg himself by contacting his office and making an appointment to speak to him.

April 15th has come and gone. Many of us are still wiping the sweat off of our brows from all the frantic activities of saving some tax and filing our returns. And many of us have made a new new-year resolution—one that we make every year around this time—to never leave our tax planning and filing for the last minute. If only we could hold ourselves to that one.

But, for those who are more determined than last year to take this latest resolution more seriously, here are some tips on better tax planning for the next year from Adam Ginsberg, one of the leading coaches on wealth building and management.

Tax Tip #1
Itemized Tax Deductions Vs Standard Tax Deductions
The 2009 IRS data shows that 45 million Americans claimed more than $1 trillion in tax deductions by itemizing them compared to the 92 million tax payers who only claimed $700 million by way of standardized deductions. Going by these statistics, it does not take a math genius to figure out that itemized deductions are better for your financial health. This should be incentive enough to get you started on next year’s tax planning early. Adam Ginsberg suggests that you consult a tax accountant as soon as you can and understand the various heads that you can itemize your deductions under. Next, you keep track of any expenses that you incur under these heads and bring them to your accountant before you file your returns next year. Be sure to pat yourself on the back when you compare your tax savings on itemized deductions with your standard deductions that you claimed this year.

Tip #2
Make Money on Your Tax Money
If you are already saving some dollars on your taxes by filing for itemized deductions, you could make some more money still by planning your taxes in advance. Adam Ginsberg suggests that you bring out your calculator and figure out how much tax will you owe Uncle Sam next year by taking your current tax payout and adding what you estimate will your tax grow by in the coming year (forecast your income growth etc.). Now divide that figure by 12 and what you get is your monthly tax liability. Now, instead of foraging into your savings, taking a loan, or using your credit card to pay the tax collector together at the end of the year, you could put aside the monthly installment of your estimated tax liability into a short-term deposit or look for other interest-earning venues where your tax money would not only be safe, but will also earn interest for you the entire year. So, not only do you earn interest on your tax money, but also save interest on a possible loan or credit card payment of your tax.

While these two tips should be motivation enough to make an appointment with your tax accountant today, we would love to hear your thoughts on why we should start our tax planning early this year. Leave a feedback comment or drop us a line.

Adam Ginsberg wants to help you to save money by educating you on taxes, which would help you have a financially sound 2013.  Read more of Adam Ginsberg Resources for other tips.

According to the Merriam-Webster dictionary, a scam is defined as ‘a fraudulent or deceptive act or operation’. And an even simpler definition for kids is ‘a dishonest way to make money by deceiving people’. Take for example, the Ponzi scheme, or emails from Nigeria or some other country offering you millions of Dollars in exchange for a small amount of money to execute the transfer. Some scam artists even go to the extent of declaring you lottery or sweepstake winners and just ask you to pay the tax component of your winnings beforehand. Yes, these are scams, but none of them will sell you a product that you can use.

Adam Ginsberg offers products and online business tools to help those who purchase them. Ginsberg asks people to pay money to buy his products in order to help them generate a healthy income for themselves by using these products. Adam Ginsberg does not scam people; he is not a con artist. He is just a businessman trying to sell his wares. And a successful businessman at that! Adam Ginsberg is respected as a pioneer and one of the foremost authorities on eBay entrepreneurship, having sold millions of dollars worth of products on eBay and other places on the internet for over 10 years.

Mr. Ginsberg has grown from being a successful trader to developing his own system that he has used to make money for himself before putting it out on the market for other people to buy and use for their own successes. He has training programs to teach people how to use his product. He offers a money-back guarantee and a year-long performance guarantee. Can it get any more legitimate than that? These types of assurances and guarantees are not the kinds of things you’ll find in a scam.

But like any other business, there are bound to be some dissatisfied customers. There are people who have found his system, after allegedly implementing its procedures, to be inadequate in their efforts to turn a profit. Their inability to succeed at their venture could be due to any number of reasons, but they blame Adam for it, and label their experience as an “Adam Ginsberg Scam”.

The complaint from these dissatisfied customers is that Adam Ginsberg’s products “don’t work”. The truth is, there are thousands of people out there who are making it work rather profitably. Those that complain about Ginsberg say they don’t get any support from him and his team; but Adam Ginsberg makes himself personally available for any customer who wants to talk to him. He has a dedicated team of customer support officers available on email and toll-free phone numbers to help with complaints or any allegations of scam or fraud.

Sure, sometimes there can be delays in getting a resolution for an odd complaint, but what business doesn’t have these delays? Adam Ginsberg is human, and so is his business venture. The fact that people have differing experiences of success and failure does not imply that there’s an Adam Ginsberg scam. Different people will use his products differently, and get different results from it.  What is sad though, is that people who are unsuccessful or dissatisfied are quick to jump on their keyboards and brand Adam Ginsberg as a fraud and a scam artist on the internet, without realizing that their irresponsible words are accessible to hundreds of millions around the world, and sets off a chain reaction of rumor mills and free-flowing, ill-informed opinions that not only tarnish the reputation of a businessman like Adam Ginsberg but also deprives so many people of the wonderful opportunities that Adam has to offer.

So, if you are one of those people who are not satisfied with Adam’s products, and tempted to consider them some sort of scam, Mr. Ginsberg invites you to get on the phone and speak to him before you unleash your anger on the internet. Adam is waiting for your call.

It’s that time of the year again. Time to bring out the calculator, bank statements, the folder with all your investment receipts and everything else needed to do the one thing that cannot be put off for later….file your Tax Returns!

Adam Ginsberg, one of the foremost authorities on wealth building and internet entrepreneurship offers some useful, practical tips that could save you time, and possibly, some money too!

Tax Tip #1

Don’t leave it to the last minute

Here’s a last minute advice for all those who are waiting for the last minute to file their tax returns. It may not be a good idea to leave filing your tax returns till April 15th. As it often happens, you may miss out on saving some tax by forgetting to attach a deductible expense or by some other foresight. While it may be late for this year, you could start early in the next. Filing taxes and financial planning are very important for every earning individual and should not be treated as low-priority chores. Instead take out a few days in the beginning of April (take off from work if you have to) and get your tax filing paperwork in order.

Tax Tip #2

Get Professional Help

It is always a good idea to take the help of a professional tax preparer to prepare your returns if you fall under a high tax bracket. There are many provisions in the tax law to reduce your taxable income, and hence your tax liability. Besides a professional tax preparer will be updated with the latest revisions in the tax law, which will help you in filing your returns more accurately.

Tax Tip #3

Invest to Save

If you fall under a higher tax bracket and suddenly realize that you could save some tax by making a few investments, then go ahead and do it while you still have time till April 15th. The best investments are in an Individual Retirement Account (IRA) that can help you reduce your taxable income by $5,000, and in a Health Savings Account (HSA), which can reduce your taxable income by $6,250 on a family policy. Again, get in touch with a professional tax advisor to explore more ways to save your tax liability.

While these tips may be of some help for the last-minute filers of tax returns, you could also use them to start early for the next year.

Check this space for more tax tips from Adam Ginsberg…coming soon! 

For more on eBay business resources and tools you can check out my Secrets of an Auction Millionaire or Success with Adam.  Also you get a free eBay report from me by following the given link and sharing your name and valid email address.

Running a home based or Internet business can be an exciting and fulfilling endeavor, especially if you’re fulfilling a lifelong passion.  The secret of being successful when it comes to opening your own home business is to be consistent and to stick with it for the long haul according to about.com.  Here are three ways to run a successful home based business that will bring you satisfaction instead of draining your time and resources.

1)  Keep Your Workspace Separate

Make sure you have a separate area within your home to work.
2) Have a Schedule
The biggest problem entrepreneurs have when starting their own home based business is that they don’t have a boss structuring their day.

3) Stay Connected

Make sure you keep an organizer, diary or smartphone with you at all times.  You will most likely meet business contacts or come up with new ideas when you’re away from home.


Leaving your corporate job to start a home based business can be a scary endeavor but it’s becoming more and more common due to the decline in the economy.  It’s also a great way to get rid of overbearing bosses breathing down your neck or a 45 minute commute during rush hour.  Working from home can be a very rewarding experience as long as you stick with it and follow the three tips I shared above.  Do you have any tips to share? Please feel free to share them in the comments below.

For more on eBay business resources and tools you can check out my Secrets of an Auction Millionaire or Success with Adam.  Also you get a free eBay report from me by following the given link and sharing your name and valid email address.