How Delta-Northwest merger could affect you?

The merger of two giant airlines Delta and Northwest could be a major airline upheaval that will directly affect millions of travelers including myself if regulators will approve it. According to report: If regulators approve, the Delta-Northwest deal would combine the second- and fourth-largest U.S. airlines into one megacarrier--with the Delta name--that controls nearly 18 percent of the domestic market. Some analysts think that United and Continental may soon consummate another merger, forming an even bigger carrier with nearly a 20 percent market share.

Do you know what that means? It means higher fares and more crowded planes, yikes, not just because of the rising of fuel price but due to the consolidation, the merge airlines will seek ways to reduce flight in some routes which will result in squeezing of passengers onto fewer planes. That is unfair!

To make things even worst some analysts say less service in regional market and service problems, since merged airlines would also cut back on service to some second- and third-tier cities, mainly because there would be redundant entry points for getting travelers from those cities into their networks. And usually when two corporation is merging up the operating procedures and computer system is very complicated at a certain point that it will affect the performance of the system.

Let us just hope for the best!

Delta
Northwest
Delta-Northwest Merger

Right Perspective Towards Money

How many of us think that being rich is having the luxuries in the world? I'm no excuse to my own question. I'm guilty to that thinking too. Ever since I was on my little knee pants I have the perspective of being rich as having nice car, big houses, paid vacations and so on and so forth. In short living in luxury. I can still remember our neighbor perfect for that description but I was wrong. They were actually living in debt. Yes they earn a whooping one million a month but their luxuries is not enough for just 1M.

My point is, it is not how much you earn but how much you save. Yes I must admit I just borrow the idea from Robert Kiyosaki, but it really make sense. Robert also emphasize the basic about assets and liabilities. And liabilities he means not just debt but wrong spending or just the idea of spending itself. Yes we need to spend but spending should not go beyond what we are capable of earning.

So, the next time you are tempted to spend on something you do not need, think again. It's time to change your attitude towards money and start saving. Remember luxury is something on the mind. And being rich is being content of what you have and making the most out of it.