Hi All,

If you’re considering getting into person to person lending, you might be interested to know that Lending Club is offering a $25 dollar sign up bonus for new lenders.

How it works is you sign up via the link below, and then you can either lend the $25 or withdraw it.

The link is here. You’ll need to:

1. Read the details and specifics here.

2. Open a lender account via the link above.

3. Wait for the deposit to be credited in your account.

Now, person to person lending on-line is still a new industry. In my personal view Lending Club has two major advantages over its major competitor – prosper.com. First, Lending Club lets you sell your loans on line if you want to cash out. Second, it only allows borrowers with reasonably good credit to apply for peer to peer loans. Finally, you should be aware that loaning money is risky, but ultimately you’ll never achieve financial security if you don’t take a few risks along the way. You may get better returns with peer-to-peer lending than if you bought bonds or other investment resources. Remember, the goal is to build wealth!

Happy Lending!

-James

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1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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