Financial Independence Compilation

 

Welcome to the October 31, 2010 edition of financial independence.

Your Financial Independence Articles

How to waste your money with good deals or bargains - We all love bargains don’t we? I really like getting items at a heavily discounted price. I’ve noticed that when things are on special there are heaps of people at the shopping malls with their trolleys full of staff…

Organise your finances with online banking - Using online banking can be a quick way to take control of your finances. These days online banking offers many tools that can actually hep you to save money. Here are some ways online banking can help you….

A few tips to save money - Do you want to save some money? When times are tight and you are struggling to make ends meet you will face the inevitable decision to cut back in some expenses. Here are some ideas to help you to cut back on those expenses without sacrificing too many of life’s pleasures…

Reader’s Articles

Youdondour torres presents Get your payday advance today! posted at Quick and easy payday loan!.

Youdondour torres presents Great facts about ACAI posted at Acai juice, the healing powers and benefits!.

Youdondour torres presents If you need cash now, apply for a quick cash advance now! posted at Pay Day Loans For You Today!.

Youdondour torres presents Get a quick cash advance now! posted at Pay Day Loans For You Today!.

Youdondour torres presents Apply now, get approved for a unsecured cash advance! posted at Quick and easy payday loan!.

Youdondour torres presents Apply now and get approved for a quick cash advance payday loan! posted at Quick and easy payday loan!.

Youdondour torres presents FACTS ABOUT A NO FAX PAYDAY ADVANCE LOAN! posted at Pay Day Loans For You Today!.

Sheri Schmeckpeper presents Good Budgets Support Goals; Good Goals Define Budgets « Center for Excellent Living posted at Center for Excellent Living, saying, "It's important to build a budget that tracks your month-to-month living, but it's equally as important to consider the future. For this reason, I want to stress the importance of goals."

debt kid presents How much savings is enough posted at DebtKid.

money and finance

Marvin Grossman presents Dave Ramsey is Bad at Math posted at fivecentnickel.com, saying, "If you’re familiar with Dave Ramsey, then you’ve no doubt heard of his ’snowball’ approach to paying down your debt. In short, Ramsey suggests that you make minimum payments on all but the debt with the lowest balance."

Marvin Grossman presents We're No. 4! What the slip in U.S. competitiveness means posted at Money-Rates.com Savings Investor, saying, "Find out what the slip in US competitiveness might mean to CD rates."

Neal Frankle presents Saving Money For Retirement ? 6 Steps To Peace of Mind posted at Wealth Pilgrim: Money Management Advice, Financial Stess Management, Addiction Recovery Plan & Resources, saying, "Saving Money For Retirement – The Ultimate Guide You already know how crucial it is to save money for retirement – no matter what stage of life you’re in. Here are 6 steps to help you do just that..."

Tim Chen presents Just in Time for Summer: Save Money with the HHonors Hotel Rewards Program posted at NerdWallet Blog - Credit Card Watch, saying, "The Hilton Honors Reward Program is a great program, but there are 4 major components you need to understand before you can fully take advantage of the program."

Jeff Weber presents Best Holiday Shopping Credit Card Deals posted at Smart Balance Transfers, saying, "The top credit card offers of the holiday season can put up to $175 in your pocket or save you money on interest."

nissim ziv presents Behavioral Based Interview Questions and Answers posted at Job Interview Guide, saying, "Behavior-Based interviewing became a mile stone hiring process of many companies. The logic behind the behavioral based interviewing is that past performance in similar situations will provide the most accurate predictor for the … future performance of a candidate."

Andrea presents Money Makeover- 6 Steps To Get Back On Track posted at Savings Scoop.

Wenchypoo presents In Barter Nation, Old Forms of Commerce Are New Again posted at Wisdom From Wenchypoo's Mental Wastebasket.

Mike Piper presents Low-Risk Investment Planning posted at The Oblivious Investor, saying, "Instead of setting expensive goals and using high-risk investments to attempt to meet them, what if we started with low-risk investments and set goals based on modest returns?"

MoneyNing presents Investing In Nostalgia: 5 To Know With Making Money from the Memories of Your Youth posted at Money Ning, saying, "Do you have any toys or collections that you can dust off from your childhood? They could be worth quite a bit of money!"

Jim Nariel presents How you can Build a Successful Work from Home Business Now posted at Point and Click Program Revealed, saying, "blog post showing how you can build a work from home business today"

Neal Frankle presents Find A High Paying 2nd Job Using Craigslist posted at Wealth Pilgrim: Money Management Advice, Financial Stess Management, Addiction Recovery Plan & Resources, saying, "You Can Find A High Paying 2nd Job Using Craigs List. If you’re looking for high paying 2nd jobs, look no further than your computer screen."

Arjun Rudra presents How To Think About The Economy With Noted Economist Paul Summerville posted at Investing Thesis, saying, "How To Think About The Economy With Noted Economist Paul Summerville"

Madeleine Begun Kane presents Man Can?t Live By Bread Alone ? Or Can He? posted at Mad Kane's Humor Blog.

Robert Alan presents Best Financial Software to Track Your Expenses posted at Credit Cards Blog | CreditCardAssist.com, saying, "Never lose sight of your expenses, track your expenses today with the Best Financial Software."

BWL presents Long Term Care Insurance And Senior Citizens posted at Christian Personal Finance, saying, "Are Seniors the only ones who need long-term care insurance?"

Michael Pruser presents TIPS Auctioned at Negative Yield (And What It Means For Consumers) posted at The Dough Roller, saying, "A quick review of the TIPS recently auctioned off"

FMF presents How to Become Wealthy posted at Free Money Finance, saying, "There are three keys to becoming wealthy: growing your income, saving as much as possible, and getting a good return on your investments. This posts tells how you can use these three to become rich over time."

PT presents The Best Airline Miles Credit Cards posted at Prime Time Money, saying, "Complete reviews of the best airline cards. If you fly one airline all the time, these cards make sense."

Central Florida Real Estate presents 10 Tips To Consider When Buying A Foreclosure posted at The Central Florida Real Estate Site, saying, "If you’re shopping for a foreclosed house that you want to flip, hold your breath until the urge passes. Your checkbook and credit report will thank you. Why is it that people think that they can buy low and yet others will agree to buy high? But if you’re looking for a home to live in, or one to lease to others for years of positive cash flows, buying a foreclosure might save you some money. Foreclosed homes typically cost 10% to 15% less than comparable homes in the same neighborhood, even after you’ve made all the needed repairs. Savings of 20% or more are not unheard of. Just follow our 10 Foreclosure Tips for buying a foreclosure to make sure you get the best deal and avoid costly pitfalls."

Silicon Valley Blogger presents Online Bill Pay Account From FNBO Direct: Review posted at The Digerati Life, saying, "Do you do online bill pay? Here's a look at an account that can help facilitate your money management tasks."

freefrombroke presents Schumer Box And Credit Card Offers posted at Free From Broke, saying, "Know what that box with all the credit terms is on your credit card offer is? It's the Schumer Box. Here's why it's there."

FIRE Getters presents Direct Deposit to Bank Account - Handle With Care! posted at FIRE Finance, saying, "First of all let's try this pop quiz: Can anyone take out money from your bank account without your permission? You must be thinking "How on earth can that can be?" The next thought might be "Are these folks crazy?" Ahh...m, please read on to find out the truth!"

Darren presents SIMPLE IRA – Rules, Contribution Limits, & Benefits posted at MORE than Finances, saying, "The SIMPLE IRA is a retirement plan for small companies. Let's take a look at how it works, its rules, contribution limits, benefits, and more."

DCTrader presents Margin Calculator posted at DCTrader, saying, "This handy little calculator instantly figures margin requirements for any stock price / balance. You can use it here for free."

Khaleef @ KNS Financial presents 401k Advice – Stop Passing Up Free Money! posted at Faithful With A Few, saying, "Many people struggle with retirement planning, often paying thousands of dollars in fees in order to get sound advice. However, a recent study has shown that many of these people are neglecting the easiest way to get free money for their retirement."

That concludes this edition. Submit your blog article to the next edition of financial independence using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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Technorati Tags: money,financial independence,blogging,payday,make money,saving

 

How to waste your money with good deals or bargains

 

We all love bargains don’t we? I really like getting items at a heavily discounted price. I’ve noticed that when things are on special there are heaps of people at the shopping malls with their trolleys full of staff.

I can’t help thinking that even though they are picking up discounted items, in the end it at adds up to quite a bit of money.

I love watching these people and the things they buy. Garden arches, different types of toys (some very expensive ones even on special), CDs, DVDs, decorations for the house, fancy shoes and the list goes on.

It doesn’t stop there however, they all stop to get a cup of coffee and a doughnut or whatever they like. Maybe they will put the stuff in their cars and catch a movie. It is an entire day of fun and savings. Oh wait, did I say savings? I am going crazy.

Am I going mad or everyone else is going mad? I remember seeing on the news a few months ago that the total amount of credit card debt in Australia (where I live) is higher than the total amount owed in mortgages. That sounds really strange but facts are facts. The report certainly does not take into consideration people who rent so it is not really comparing apples to apples however it is a good indication.

So when I think about the data from the report and see those trolleys full of stuff, sometimes two full trolleys, I can’t help thinking whether they can afford all of that or not.

Think about it. If you cannot afford to spend $200 in one pair of shoes then you cannot afford to pay the same $200 dollars for a trolley full of stuff. In my view is not about how much stuff you are getting is about being able to afford your purchase.

Something else to consider is whether you need the items you are purchasing. Regardless of your affordability, if you are buying stuff that you don’t need then you being ripped off. If you don’t need new shoes and you only buy them because they are on special then you are wasting your money.

Some people may say that you will save money if you buy the stuff when it is on special. They are not wrong however, I prefer to put my money away, get interest on it and only look for bargains when I need them. There are always specials around.

Do you buy lots of stuff on special and then regret the purchase or end up not using them?

Technorati Tags: money,good deals,bargains

Organise your finances with online banking

 

Using online banking can be a quick way to take control of your finances. These days online banking offers many tools that can actually hep you to save money. Here are some ways online banking can help you.

Stay up to date with your bills

You can use online banking anywhere and anytime. All you need is access to a computer. Most banks these days also offer you the ability to access online banking from your cell phone. If you are out shopping and your are not sure how much money you have in your checking account you can quickly get your phone out and find out. You can also use online banking to set up alerts whenever a bill is due or whenever you balance hits a certain amount. it is an easy way to avoid unnecessary bank fees.

Preventing overdrafts

I mentioned this in the previous point but I think it is important enough to emphasize it. You can use your online banking to setup alerts so you are notified via email or text message whenever your balance drops a certain set amount.

Organising bill payments

Most banks, if not all, offer you the ability to pay your bills online. They also let you organise recurring payments like your mortgage payment for a full year. Have you ever missed  credit card payment? You can automate those payments with your bank and ensure that you pay at least the minimum account on your cards avoiding late fees and extra interests.

Seeing total expenditure to each vendor

Another feature of online banking is the ability to see how much money you have paid to a given vendor. If you think you are paying too much in your phone bill then go online and check how much you have paid to your telecommunications provider. This can help you budget and save money.

Exporting your data to use with your personal finances software

Do you use personal finances software to manage your finances? A feature that I find very handy is the ability to export my transaction from my online banking and import them into my personal finances software. I can then very quickly run various reports and track may expenditures/savings.

Technorati Tags: online banking,financial planning,banking

A few tips to save money

 

Do you want to save some money? When times are tight and you are struggling to make ends meet you will face the inevitable decision to cut back in some expenses. Here are some ideas to help you to cut back on those expenses without sacrificing too many of life’s pleasures.

Rent a movie. Going to the movies can be an expensive activity. It could add up to about $40 per person. You can still have a good time if you rent a movie and stay at home in the comfort of your couch. Go to the shops and get your popcorn, lollies and sit back and relax.

Do something that you like and that will relax you. The idea from this advice is for you to do something that you enjoy that will help you to relax. It may be a bubble bath or going for a bike ride or just a walk in a pleasant area. Research says that when times are tough it is important for people to do something that will relax them, something other than shopping. Just do something that will not break the bank.

Cook at home. Eating at restaurants can be very expensive. Another expensive habit is buying lunch during the week instead of taking from home. When I buy lunch at work I always spend about $10. If I take sandwiches or left overs from home it only costs me a fraction of what it would cost if I bought my lunch. If you find difficult to pack your lunch in the morning then pack it the night before.

Use the library. We all pay for the library with our taxes so might as well use them. Go to the library, these days they not only have great books but also DVDs and audio books.

Drink at home. Going for a night out with your friends can be very expensive. Depending on what you drink an glass can sometimes cost more than $10. You can certainly save a few dollars if you stay at home and get your friends over.

Review your budget or create one.  Take control of your expenses by reviewing your budget and cutting back in whatever area you can. If you don’t have a budget then create one. You may be spending a lot more money than you realise. Reviewing your budget can sometimes save a few hundred dollars a month.

Lower the thermostat. There is nothing wrong in putting a jumper on when you are at home. Heating takes up a big percentage of your electricity bill so put on a jumper and lower the that thermostat.

Technorati Tags: save money,money

Financial Independence Compilation

Welcome to the October 24, 2010 edition of financial independence.

Your Financial Independence Articles

Teach your child how to make make money - Want your child to be a millionaire? All parents want the best for their children so why not teach them how to manage and  make money?

Here are a few tips to help you to raise a millionaire.

Making money through blogging – developing highly profitable topics using Google AdWords - If you are into blogging you know that it can be very difficult to make money. You’ve heard it many times that the secret is on attracting the crowds. There is more to it, you also have to ensure that you are choosing topics that are highly profitable.

There are many articles on the web that tell you how to attract traffic into your site. Most of them say that the more traffic you get the more chances you have of making money either through advertising or via selling some sort of product. It is true, the more people come to your site the more chances you have of making money.

Thriving 30 million dollars business from a school project. Find out how she did it -  At 16 years of age, Lindsay Phillips had an idea to create flip-flops with straps that could be changed during a school project. It is project that this year her company will bring $30 million in revenue says AOLSmallbusiness.

The idea is very simple, you buy one pair of flip flops and renew their appearance with new straps. They look new and different every time and can be worn with different clothes depending on the occasion.

Her company is now producing other products such as shopping bags, scarves and sandals for children.

How to make some extra money - Do you need some extra cash. I think we can do with a little extra cash. The following sections describe some of the strategies you can use to make some extra cash.

Reader’s Sponsored Articles

Rick- presents Best IRA Rates posted at Stock Tips, saying, "To get the best IRA rates, portfolio diversification is necessary. Find out how to get the best IRA rates and IRA returns today."

Youdondour torres presents 1 HOUR Payday loan for fast cash now! posted at Pay Day Loans For You Today!.

Youdondour torres presents Payday advance for those with poor credit! posted at Quick and easy payday loan!.

Youdondour torres presents A Cash advance with no credit check! posted at Quick and easy payday loan!.

Mike Piper presents Types of Annuities: Annuity Definitions posted at The Oblivious Investor, saying, "What are the differences between the various types of annuities? Which ones are useful, and which ones are a raw deal?"

Youdondour torres presents 1 hour paday advance for quick financial assistance! posted at Pay Day Loans For You Today!.

Youdondour torres presents Quick ways to get cash now! posted at Quick and easy payday loan!.

ABConseil presents THE AMAZING WIDGET�S REVIEW :AutoBlog posted at AutoBlog, saying, "TheAmazingWidget.com claims to offer a breakthrough new way to generate �semi autopilot� traffic and commissions, with the launch of their new Software and accompanying Blueprint. Further, they claim to offer a dead simple way for virtually anybody to begin placing their oddly named �Amazing Widgets� in hundreds of free spots around the web, as a foolproof way to make money on autopilot once in place."

BudgetSnob presents Retire Rich ? Let Everyone Else Work posted at Budget Snob.

BudgetSnob presents Close Your Budget Gap posted at Budget Snob.

Robert Alan presents How Do I Make Bad Marks on My Credit Go Away? posted at Credit Card Assist, saying, "How to make bad marks on your credit go away in 6 simple steps."

CreditShout Kevin presents How to Deal with Credit Card Customer Support posted at CreditShout.

Victor del Rosal presents A social experiment: your finances solved posted at Internet Empire Formula, saying, "This article poses a hypothetic questions: if your financial life was completely resolved, forever, would you stop working? It analyzes the true meaning of work."

Sam presents New !! Is an Annuity Insurance Retirement Plan Best for You? Five Essential Points posted at Surfer Sam and Friends, saying, "Thanks for including my article on annuity insurance retirement plans. Here's an excerpt... Are you afraid that you will outlive your money? Are you worried that you might lose your savings in the stock market and face retirement broke? The past few years in the stock markets have upset the retirement plans of many investors. Today, people are living longer than ever. Seniors and baby boomers are concerned that they have enough money to support them during a long life. Annuities are an investment option for these people. Annuities guarantee that you won't outlive your income, no matter if you live 100 years or longer. Furthermore, with an annuity you do not risk losing the nest egg you have accumulated."

Jeff Weber presents Avoid Balance Transfer Mistakes posted at Smart Balance Transfers, saying, "Avoiding these three balance transfer mistakes will help you save the most money and avoid hurting your credit score."

nissim ziv presents How to Present Yourself in an Interview and Impress the Interviewer? posted at Job Interview Guide, saying, "When you are in the process of preparing yourself for your job interview, one of key prep steps is practicing your interviewing performance and reshaping your presentation level in order to create the best positive impression on the interviewer."

Madeleine Begun Kane presents Pigheaded Limerick posted at Mad Kane's Humor Blog.

Alexander Peter presents Catering Trailer Insurance posted at Catering Trailer Blog, saying, "If you are thinking of starting your business one important thing to consider is insurance. This article provides some advice for catering trailer owners."

David de Souza presents 5 Steps To Getting A Tax Rebate posted at UK Tax Blog, saying, "Are you due a tax rebate? Our guide will help you claim your tax refund"

FMF presents A New Rule-of-Thumb for Renting versus Buying? posted at Free Money Finance, saying, "Does this "new" rule for renting versus buying work?"

Marvin Grossman presents That's gross! Why home insurance won't pay for disgusting problems posted at Insure.Com Home Insurance Articles, saying, "Rats, mold, bed bugs? Here's why home insurance won't pay, and some exceptions to the rules."

Jim Nariel presents How you can Build a Successful Work from Home Business Now posted at Point and Click Program Revealed, saying, "Blog post on how to start a successful on line business from home"

Joanaa Tiger presents Top 10 Financial Blogs for College Students posted at Criminal Justice Degrees Guide.

BWL presents 4 Habits of Millionaires posted at Christian Personal Finance, saying, "This article looks at how millionaires really spend their money..."

Arjun Rudra presents Statistical Arbitrage Pairs Trading With Michael Kapler of SciVest Capital Management posted at Investing Thesis, saying, "While you may have heard of simple pairs trading which involves going long one security and going short another, it’s the statistical arbitrage aspect that you’ll be introduced to today."

FIRE Getters presents Tax FREE Money Market Mutual Funds! posted at FIRE Finance, saying, "Most astute investors are aware of municipal mutual funds also known as MUNIs. These funds invest in term debts issued by various state and local governments. In general dividends and gains from muni funds are exempt from federal as well as state taxes."

Jason @ Redeeming Riches presents 8 Financial Myths to Discuss with Your Kids posted at Redeeming Riches, saying, "Teaching kids about money can be a tough task to tackle, especially with these myths."

Barb Friedberg presents Can the Average Joe/Jane Expect Price Changes When the Dollar Fluctuates? posted at Barbara Friedberg Personal Finance, saying, "Understand the relationship between US dollar and how it MIGHT impact future prices. Use this knowledge to help you toward financial independence."

freefrombroke presents What Is A Reverse Mortgage Loan? posted at Free From Broke, saying, "What a reverse mortgage loan is and who it is for."

Joe Morgan presents Living on a Single Income: 7 Years and Counting. posted at Simple Debt-Free Finance, saying, "Some tips and lessons from 7 years of living on a single income with a wonderful wife and 3 children. It's not easy, but it's not impossible either."

PT presents Meeting with a Fee-Only Certified Financial Planner, Part 2: Planning Session and Retirement Recommendations posted at Prime Time Money.

That concludes this edition. Submit your blog article to the next edition of financial independence using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Technorati Tags: make money,blogging,business,mortgage,debt-free,financial independence money blog carnival

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Teach your child how to make money

 

Want your child to be a millionaire? All parents want the best for their children so why not teach them how to manage and  make money?

Here are a few tips to help you to raise a millionaire.

 

Hey Junior, this is Money

It is never too early to teach your children about money management.

You can start by showing to your preschooler how you use money to make your daily purchases. You can start by explaining that when you buy the groceries you give them the money and you can then take the groceries home. There are various variations on this theme. You can take your child to an ice-cream shop and give her the money to pay for the treats whilst explaining that you can have the ice-cream if and when you pay for it.

It is also important to teach a child where the money comes from. Up until a couple of years ago, my daughter thought that whenever we need money we can go to the ATM machine get however much we want. Teach your child that you go to work and get paid for the work you do. Clearly explain that if you don’t go to work you don’t get money and therefore cannot buy the all the things we need for your daily life.

Once your child knows how to count you can teach her how to sum up the money in the piggy back in order to figure out how much she needs to buy a particularly coveted toy.

The idea is to explain your child that money does not come from trees or, in my case, from the ATM or the bank teller. It is vital that the child understands the mechanics and dynamics of money management.

Encourage the entrepreneur in your child

Your money education should not only include work. I personally believe that the most important money skill to have is not to go to work, earn it, save it / invest it. I believe in passive income, which is a totally different beast and in some ways very hard to acquire.

Encourage your child to believe in her ideas and to pursue them with potentially a business mindset. It is very important not to discourage your child. If your child is really passionate about something, say computers, encourage your child to be creative and to pursue her dreams. Encourage the entrepreneur spirit.

The real money is in passive income. Your child needs to learn how to make money from passive sources.

Get your child to work for the money

Start teaching your child that it is very hard to earn money. It is very hard to get your earned income and even harder to get passive income.

Create a system whereby your child can earn cash by doing some work around the house. You can make a list with the tasks and how much she will earn for each task she completes.

Another interesting strategy is to set objectives. May be to earn 5$ by the end of the week. This way your child can work through the process of setting a target to purchase something and work for the money to pay for it.

Help your child by setting up a savings account

If you have the cash you may consider small monthly contributions to a savings account in your child’s name. This can certainly go a long way and you can take advantage of compounding interest over the time of the investment.

Start with this strategy early, the sooner you start the more interest you can accrue over the years.

Start today, think about a strategy and position your child to take control of his/her financial future.

Technorati Tags: money,make money,education,children

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Making money through blogging - developing highly profitable topics using Google AdWords

 

If you are into blogging you know that it can be very difficult to make money. You’ve heard it many times that the secret is on attracting the crowds. There is more to it, you also have to ensure that you are choosing topics that are highly profitable.

There are many articles on the web that tell you how to attract traffic into your site. Most of them say that the more traffic you get the more chances you have of making money either through advertising or via selling some sort of product. It is true, the more people come to your site the more chances you have of making money.

If you are opening a restaurant you probably want it to be in an area with a lot of foot traffic as opposed to corner where not many people go to. The same applies to blogging, if you want to maximise your chances of attracting traffic to your site and to make money, you need to write posts on a topic that will attract many people.

If your objective is not to make money then it is different, you can choose whatever topic you are interest in  and write about it.

So the question is how to choose topics that will attract many people to your blog and therefore maximise your chances of making money?

The following points shows some ideas on developing highly profitable topics:

“Why do you rob banks?” the officer asked the infamous  bank-robber Willy Sutton moments after arresting him… “I go where the money is.”

I am not suggesting that we go and rob banks, the idea is to go where the money is.

Write about topics that are in high demand and low supply

You need to be really passionate about your chosen topic.

Say for example that you like cars. You read all about them, you dream about them, you are just crazy about the topic. Ok, you have a topic. But how do you choose what to write about within your topic of choice.

It is all about keywords. Brainstorm as many keyword-focused topics as possible that are related to your topic of choice.

Your next step is then to take out the topics that offer low profit potential. In other words you need to go where the money is.

The only way of discovering the highly profitable topics is by research.

Research key words and topics that are in high demand

You need to tap into the unlimited amount of information available on the internet.

Use the power of Google’s AdWords. It is a tool that gives you the ability to identify keywords that have a high demand and therefore offer the highest potential to attract traffic into your site and therefore improves your chances of making money.

The following image shows you the AdWords result on the search phrase “making money”.

As you can see from the image above, there have been over 4 million searches on the key word “making money”. It is no wonder it is on the title for this post.

By using this tool you can find not only the topics that are in demand but also much more information to help you to develop highly profitable topics.

Supply

Once you find the topics that are in high demand you need to look at the supply.

You need to find out how many sites already provide content for the key words you are researching. That’s the supply. You find this information by simply doing a search on the keywords and finding out how many hits you get back.

Make a list of the key words and their respective demand and supply.

You best words are the ones with high demand and low supply.

Once you have the list and found the potential key words to use the next step is to write, write and write a bit more. Don’t forget to tag the keywords in your posts and link to as many related sites as possible and get links into your posts.

This way you will attract as much traffic as possible and increase your chances of making money.

Technorati Tags: making money,blogging,google,adwords,google adwords

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Thriving 30 million dollars business from a school project. Find out how she did it.

 

At 16 years of age, Lindsay Phillips had an idea to create flip-flops with straps that could be changed during a school project. It is project that this year her company will bring $30 million in revenue says AOLSmallbusiness.

The idea is very simple, you buy one pair of flip flops and renew their appearance with new straps. They look new and different every time and can be worn with different clothes depending on the occasion.

Her company is now producing other products such as shopping bags, scarves and sandals for children.

It was initially a hobby until someone told her that it was a brilliant idea that she could make some money from it.

I watched an interview with her in an Australian breakfast show, yes her products will now be sold in Australia as well, she said that the key was for her to believe in herself and do something about it.

She could have stuck with her hobby, but no, she had some initiative and took her idea to the next level.

The key is believing in yourself, getting motivated and, mostly importantly, doing something.

If you want become financially independent, pay off some debt, get a new job or whatever your project might be, the key is to be motivated and so something, act on it. You will never know the outcome if you don’t do something.

I learned a lot about it from a book called the Science of Getting Rich and almost everyday I read success stories about people that believed in themselves, took their idea to the next level and became very successful.

Do something today, you never know what you could achieve.

Technorati Tags: business opportunity,financial independence

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How to make some extra money

Do you need some extra cash. I think we can do with a little extra cash. The following sections describe some of the strategies you can use to make some extra cash.

Dog Walking

Dogs are man’s best friend. Unfortunately we sometimes get all too busy to take our dogs out for a walk. If you enjoy walking you can start your own dog waling business.

You need to be a dog lover, that is a must. You also need time to perform this type of service. You need to understand how to take a dog for a walk, there are a few resources on the internet that can help you. Be professional, get a police clearance and make sure that when talking to customers you show that you will love their dogs as much as they do and that their dog will be cared for.

Don’t forget the raincoat for you and for the god, the leashes of course, water for you and the dog and anything else that you might need.

I think that this can be a very enjoyable way of making some extra money.

Selling unwanted items on eBay

If you search the internet on how to make some extra cash you will invariably find this topic. There are many stories that I can tell you and you can find loads more stories about people that have made a bit of money via eBay.

It can be a bit hard. I would recommend that when you are sell something, try to put yourself in the position of a buyer, think about what the buyer would want to know about the product, shipping and the price. I have tried to sell some items on eBay and I was not successful. There was nothing wrong with the products themselves, I just had the price set too high. once I changed it the items were sold fairly quickly.

Have a quick walk around your place, do you really need all of the items you see around you? How about the books that you haven’t touched for a few years. You will probably find a few items that may give you a few hundred bucks.

Blogging

I will start by discouraging you, blogging is very hard. What I find hard is to attract visitors to my blog. I would say that before you start your blog you should think about your competitive advantage. How will you differentiate yourself from the competition? Why should people come to your blog?

Once you have the first question answered you need to put your head down and write. The key is to write and write and write. And by the way, when you get tired, write a bit more.

Blogging can put money in your pocket in a few ways including adds, affiliate marketing, selling advertisement space and many other options.\

Adds is by far the most common way of making money in your site. All you need to do is to select an add provider, sign up and place widgets in your site. The widgets are the placeholders where the add provider will show the adds on your site. Then the only thing you need to do is to wait for your visitors to click on those adds. Every time someone click on one of them you get a bit of money.

Affiliate marketing puts your blog in between a potential customer and a seller. Your work is to refer traffic to another website, if the people you refer to buy something then you get a cut of the profit, There are some affiliate programs that you get paid based on the amount of traffic you send to the site, It is definitely something you should look at if you have your blog.

Selling advertisement space. All you need to do is to reserve an area on your website with good visibility and you rent that space to organisations wanting to advertise on your site.

Buying items on eBay and selling them for a profit

Another interesting way of pocketing a little, or a lot, extra cash is to buy items on eBay and sell them for cash. You may find a bookshelf that needs a little TLC or anything that you can buy at a cheap price, improve it a little and then sell it for a little profit.

I would however recommend that you be careful because there are no guarantees that your items will be sold or that they will be sold for a higher price than what you paid for them in the first place.

Do a little research before you execute this strategy to try to maximise your chances of success.

Making money from your hobby

This strategy is also common, We all have hobbies, something we like to do and because we do so much of it we get really good at it, There may be a lot of people out there that want to learn about it or buy something from you. If your hobby involves making something then you have a product that can be sold. Otherwise you can start teaching, blogging or even delivering online courses on the subject of your choice.

The strategies above will not make you reach but they certainly have the potential to put some extra cash in your pocket.

Technorati Tags: make money,extra cash,blogging,eBay,hobby

Financial Independence Compilation

 

Welcome to the October 18, 2010 edition of financial independence.

Free eBook on how to get rich

You can get rich with mathematical certainty. It is not a get rich quickly scheme, it is based on proven tactics to acquire wealth, the book includes developing relationships, thinking in the right way and much more.
The book will inspire you on your road to success. The Science of getting rich has inspired me and started me on my road to financial independence. I encourage you to download the book and join the SOGR network. You have nothing to lose. Click here to download your free book.

Your Financial Independence Articles

Making money through an online affiliate business - An online affiliate business is one of the easiest ways to start your own business online. All you need to do is to send visitors (potential customers) to a merchant’s web site that you are representing. If the potential new customer makes a purchase or completes an action such as joining a mailing list for example, the merchant pays you a commission. It is that easy.

Put very simply, that is the essence of the affiliate concept. You can build a business very quickly with minimal cost and risk. You don’t need to worry about the selling process because that is handled by the merchant so all you need to do is refer as many new customers as possible. So what is the best way to do that?

There is a proven series of steps for building an online affiliate business. They are content, traffic, pre-sell and convert….

First step towards financial freedom – create your personal financial statement - The first step is always the most hard. For whatever reason you have decided to take control of your finances in order to achieve financial freedom. That is a good start.

The very first action you need to take is to understand your current financial situation in order to devise a plan of action to achieve your financial dreams.

The following steps show you how to create your personal financial statement which will give you an accurate picture of where you are with your personal finances.

Reader’s Articles

Youdondour torres presents Quick cash payday advance loans! posted at Pay Day Loans For You Today!.

Youdondour torres presents Direct Deposit Payday Advance! posted at Quick and easy payday loan!.

Youdondour torres presents Get your cash advance now! posted at Quick and easy payday loan!.

Youdondour torres presents INSTANT CASH ADVANCE! posted at Pay Day Loans For You Today!.

Youdondour torres presents Get cash now, Pay later! posted at Pay Day Loans For You Today!.

Youdondour torres presents QUICK CASH ADVANCE NOW! posted at Pay Day Loans For You Today!.

Silicon Valley Blogger presents How To Get Your First Credit Card posted at The Digerati Life, saying, "Thanks!"

money and finance

Robert Alan presents How Do I Make Bad Marks on My Credit Go Away? posted at Credit Card Assist, saying, "How to make bad marks on your credit go away in 6 simple steps."

nissim ziv presents What Salary Are You Seeking? Interview Question ? Should You Disclose your Salary in an Interview posted at Job Interview Guide, saying, "The employer knows that you would want to earn more money – You are not different from any other employee on the market. The key point here is that you must show that it is not just about money or at least money is not the main issue for you."

CardWisdom presents Airline Credit Cards with No Baggage Fees vs. Low Fee Cards posted at Card Wisdom, saying, "Discusses whether it is worthwhile to pay $100 a year in credit card fees to get free checked bags or to use a credit card with low or no annual fees that can be used on any airline."

Jeff Weber presents A 0% Balance Transfer Offer You Should Not Miss posted at Smart Balance Transfers, saying, "Discusses a new money saving balance transfer offer for consumers that lasts 21 months."

Kyle McNamara presents 20 Things You Can Do With Old T-Shirts posted at Web Design Schools Guide.

Carlos Sera presents A Tale of Recovery; Financial Tales posted at Financial Tales, saying, "Today I release A Tale of Recovery I think it should be required reading in every introductory investment class. It is a simple read but illustrates an important concept. It illustrates that a percentage loss hurts more than the equivalent percentage gain. It also introduces the concept of investing as a continuous process. We invest throughout our lives and so every day we start from the same point; all our money is invested."

Wenchypoo presents Be Radical--Be Rich posted at Wisdom From Wenchypoo's Mental Wastebasket.

Wenchypoo presents Paying With Plastic Will Cost You More posted at Wisdom From Wenchypoo's Mental Wastebasket.

Charles Chua C K presents Can You Live Without Credit Cards? posted at All About Living with Life.

FIRE Getters presents Four Quick Ways to Build A Strong Credit Rating! posted at FIRE Finance, saying, "A lot has been written about credit rating and how we can go about improving it. There are companies offering professional services to help us earn better credit scores. But with a little contemplation we'll see that we don't need to spend our hard earned dollars on professional help for building a strong credit rating. It's simple, DIY (Do It Yourself) and boils down to the following four steps ..."

Darwin presents 100 Year Bonds – Great Yield or Sucker’s Game? posted at Darwin's Money, saying, "100 Year Bonds are actually coming of age now in an era of low yields and income-starved investors. Learn about who's issuing 100 yeard bonds and what to watch for."

Marvin Grossman presents Does your home insurance policy cover that? posted at Welcome to the Insure.com Insurance Blog: Life Insurance, Health Insurance and Car Insurance news and opinions, saying, "See what a standard home insurance policy covers and what it doesn't."

The Southern Investor presents Exhausted Estate Executors Equals Excellent Wholesale Opportunities in Probate posted at The Southern Real Estate Investor, saying, "probate real estate investing"

Arjun Rudra presents Asset Allocation In A Rising Interest Rate Environment With Gaetan Ruest of Investors Group posted at Investing Thesis, saying, "Interest rates that are set by a country’s central bank have a large impact on the capital markets. Did you know that fixed-income investments such as bonds, that many use for capital preservation and to save for the future exhibit an inverse relationship to prevailing interest rates."

Paul Braem presents 5 Money Saving Tips to Never Pay Full Retail posted at Personal Finance Made Easy.

Neal Frankle presents Find A High Paying 2nd Job Using Craigslist posted at Wealth Pilgrim: Money Management Advice, Financial Stess Management, Addiction Recovery Plan & Resources, saying, "If you’re looking for high paying 2nd jobs, look no further than your computer screen. You can create your own 2nd job using Craigs List. And the good news, you can get these jobs without a college degree."

loomis1324 presents How to write your goals and achieve results posted at Success Demands Action, saying, "A Self Improvement blog that has unique tools, informative articles, inspirational quotes, motivational videos, and a collection of information from some of the greatest motivators of all time!"

Mike Piper presents Using Annuities to Reduce Risk posted at The Oblivious Investor, saying, "If used properly, a fixed annuity can reduce a great deal of the uncertainty that's normally involved in retirement planning."

Trinidad presents TBS COMMANDMENT #1: Thou shall seek true love – when shopping! posted at The Budget Socialite.

Susan Howe presents How Much Life Insurance Do You Really Need? posted at The Budget Life Blog, saying, "Here are some factors that influence how much life insurance your family would require to get by without you."

FMF presents Toileting and Retirement, Should I Purchase Long-Term Care Insurance? Part 1 posted at Free Money Finance, saying, "A comprehensive (and scary) look at long-term-care insurance."

Jim Nariel presents How To Make Money Online Without Having you own Website posted at Point and Click Program Revealed.

Jim & Martha presents Southwest Rapid Rewards Credit Card Review posted at Wanderlust Journey.

Roshawn Watson presents My Big, Fat Trashy Home: The Fall of the McMansion posted at Watson Inc, saying, "Your house is about 6,000 square feet, almost triple the size of the national average, and it's quite fancy. With a crib like this, how could anyone not be impressed? Well, many aren't."

BWL presents Why Is Warren Buffett Successful? posted at Christian Personal Finance, saying, "This article looks at 5 tips that may just be part of Warren Buffett's secret to success..."

freefrombroke presents I’m Sick Of Hearing It’s For The Kids posted at Free From Broke, saying, "Some parents spend all they can for their kids; many times spoiling the kids and putting themselves into debt. It just doesn't make sense. I'm sick of hearing "it's for the kids!""

MoneyNing presents 10 Hassle Reducing Tips for Dealing with Insurance on Medical Care posted at Money Ning, saying, "Who doesn't want to save some money and time dealing with health insurance?"

That concludes this edition. Submit your blog article to the next edition of financial independence using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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Technorati tags: financial independence, blog carnival.

Financial Independence Compilation

Welcome to the October 11, 2010 edition of financial independence.

Free ebook on how to get rich

You can get rich with mathematical certainty. It is not a get rich quickly scheme, it is based on proven tactics to acquire wealth, the book includes developing relationships, thinking in the right way and much more.
The book will inspire you on your road to success. The Science of getting rich has inspired me and started me on my road to financial independence. I encourage you to download the book and join the SOGR network. You have nothing to lose. Click here to download your free book.

Your Financial Independence Articles

Making money through an online affiliate business - An online affiliate business is one of the easiest ways to start your own business online. All you need to do is to send visitors (potential customers) to a merchant’s web site that you are representing. If the potential new customer makes a purchase or completes an action such as joining a mailing list for example, the merchant pays you a commission. It is that easy.

First step towards financial freedom – create your personal financial statement -

The first step is always the most hard. For whatever reason you have decided to take control of your finances in order to achieve financial freedom. That is a good start.

The very first action you need to take is to understand your current financial situation in order to devise a plan of action to achieve your financial dreams.

The following steps show you how to create your personal financial statement which will give you an accurate picture of where you are with your personal finances.

 

Reader’s Articles

Bruce presents Government unemployment mortgage assistance posted at Government Mortgage Help, saying, "If one has lost their income during the recession and do not wish to lose their house as well, there are government unemployment mortgage assistance programs that can help."

Youdondour torres presents Easy Payday Loans posted at Pay Day Loans For You Today!.

Silicon Valley Blogger presents Target Date Funds or LifeCycle Funds: Pros and Cons posted at The Digerati Life, saying, "Thanks!"

Youdondour torres presents Top 3 tips about Payday Loans! posted at Quick and easy payday loan!.

Youdondour torres presents No fax Payday Loans! posted at Quick and easy payday loan!.

Youdondour torres presents Try a payday advance today! posted at Pay Day Loans For You Today!.

Youdondour torres presents Helpful Tips about Payday loans! posted at Pay Day Loans For You Today!.

Bruce presents Indiana Mortgage Help: The Indiana Housing and Community Development Authority posted at Government Mortgage Help, saying, "The State of Indiana provides you with various mortgage programs to buy and keep your home. Whether you are in the market for your first home or are struggling to avoid foreclosure, there are steps you can take to find the help you need."

Youdondour torres presents Got Financial Problems? Apply now for help! posted at Quick and easy payday loan!.

Youdondour torres presents Chrismas Is Getting Close, Get The Cash You Need Now! posted at Pay Day Loans For You Today!.

Silicon Valley Blogger presents Free Mutual Fund News, Investment Research From Morningstar.com posted at The Digerati Life, saying, "You can receive free investment information and mutual fund education through Morningstar."

money and finance

Grant Dobbins presents Taxes for Freelancers: 20 Deductions You Should Be Taking And How posted at Graphic Design Degree, saying, "Freelancers have the task of keeping up with deadlines, clients and of course, taxes. Whether you file things monthly or quarterly, it’s essential for freelancers to keep up with receipts for tax deductible items."

Charles Chua C K presents How Many Credit Cards Do You Have? posted at All About Living with Life.

preeti saxena presents Smart Investment Tools for Online Trading | Bizcovering posted at Bizcovering, saying, "Please see the uses of online trading tools"

Carlos Sera presents A Mining Tale « Financial Tales posted at Financial Tales, saying, "I thought it appropriate to release a tale that deals with investing or trading and one of the many pitfalls. Just remember after you read this tale “All that glitters is not gold.”"

Charles Chua C K presents Easy and Effective Ways to Manage Your Personal Finance posted at All About Living with Life.

Youdondour torres presents Get cash or when you need it! posted at Quick and easy payday loan!.

CreditShout Kevin presents Does Credit Card Consolidation Hurt Your Credit Score? posted at CreditShout.

Briana Ford presents 7 Signs You're Following the Wrong Financial Path posted at GoBankingRates, saying, "How can we tell if we are off track? Here are seven warning signs."

Charles Chua C K presents Are You Protecting your Earning Power? posted at All About Living with Life.

Neal Frankle presents Setting Up A Small Business Made Simple posted at Wealth Pilgrim: Money Management Advice, Financial Stess Management, Addiction Recovery Plan & Resources, saying, "There are 3 critical steps for setting up a small business for success. Keep in mind that your success is not a matter of luck. It’s a question of design."

Paul Horowitz presents From Crawling to Running: Building An Online Mini-Empire With Information posted at Biz Jewel.

BWL presents How to Save Money When Buying Cell Phones posted at Christian Personal Finance, saying, "This article looks at a new service from Amazon that allows customers to buy new cell phones at a discount over 50% for some of the more popular phones."

Arjun Rudra presents Dealing With The $1.41 Trillion Burden Of Household Debt On Canadians posted at Investing Thesis, saying, "Over the last decade, Canadians have sunk deeper into debt and have increasingly relied on credit to cover day-to-day living expenses. If household debt was evenly spread across all Canadians, each individual would carry approximately $41,740 in outstanding debt; an amount which is 2.5 times greater than in 1989."

Tim Chen presents Disney Credit Card: Doesn’t Make the Cut for Rewards or Low APR posted at NerdWallet Blog - Credit Card Watch, saying, "The Disney Visa credit card from Chase is a hugely popular credit card. We really can’t understand why."

Roshawn Watson presents My Big, Fat Trashy Home: The Fall of the McMansion posted at Watson Inc, saying, "Your house is about 6,000 square feet, almost triple the size of the national average, and it's quite fancy. With a crib like this, how could anyone not be impressed? Well, many aren't."

FIRE Getters presents $6000! Save Your Hard Earned Money! posted at FIRE Finance, saying, "We have all heard the saying "Tiny drops of water make an ocean". Over years, life has taught us that tiny savings can go a long way in making us wealthy."

Darwin presents Payroll Tax Holiday – How Much Would It Save You? posted at Darwin's Money, saying, "With Congress mulling over a payroll tax as a possible bipartisan stimulus measure, check out how much this would put back in your pocket each month!"

David de Souza presents 8 Reasons You Will Need To Complete A Tax Return posted at UK Tax Blog, saying, "Guide to 8 common reasons why you may be asked to complete a tax return"

MoneySecretRecipe presents Why You Should Start Build Credibility Online? posted at MoneySecretRecipe.

nissim ziv presents How to Negotiate a Salary: Negotiation Tips, Questions & Expectations posted at Job Interview Guide, saying, "Negotiation skill is a skill that not many people possess. In general, negotiation is an art. Every word you say is important in the end results."

Alexander Peter presents Claiming a Tax Rebate When Leaving the Country posted at Tax-rebate.org, saying, "If you are leaving the country you may be eligible to claim a tax rebate. Read this post to find out how."

Wenchypoo presents Are Your Bad Habits Costing You a Financial Future? posted at Wisdom From Wenchypoo's Mental Wastebasket, saying, "We blow about a half million dollar hole in our bottom line over a lifetime with these expensive habits."

Leila Fanner presents How To Budget: For Artists posted at Thus Art Life, saying, "How to become a SUCCESSFUL artist"

Arjun Rudra presents Global Macro Trading With Michael Yhip of Garrison Hill Capital Management posted at Investing Thesis, saying, "We sit down with global macro trader Michael Yhip of Garrison Hill Capital Management to hear his views on the U.S. dollar, the Canadian dollar, gold, silver and the macro economic situation in the Eurozone."

Charles Chua C K presents Are You Enjoying Financial Freedom? posted at All About Living with Life.

Mike Piper presents Planning Your Retirement Spending posted at The Oblivious Investor, saying, "Does it make sense for investors to plan to spend the same amount every year during retirement, or is there a better option?"

FMF presents Stop Looking for a Job – Become an Entrepreneur posted at Free Money Finance, saying, "If you've ever wanted to become your own boss, this post is for you. It gives several tips to help you strike out on your own and earn a great income."

Barb Friedberg presents How to Make Money; No Special Training Required posted at Barbara Friedberg Personal Finance, saying, "Get inspired to create more wealth. What can you do Right Now to monetize your expertise? I challenge you right to grab a pen and paper and list your specialized knowledge areas."

Neal Frankle presents Buying an Existing Business ? 7 Steps to Success posted at Wealth Pilgrim: Money Management Advice, Financial Stess Management, Addiction Recovery Plan & Resources, saying, "Buying an existing small business — done right. If you’re thinking about buying an existing small business, it could be a fantastic decision – if you do it right. It’s still a tough economy out there."

Steve presents Three Things An Accountant Can Do For You | 2009 Taxes posted at 2009 Taxes, saying, "A tax accountant can help in a number of different ways, here are three very important benefits for you to consider."

BWL presents First Time Homebuyer Tax Credit Status posted at Christian Personal Finance, saying, "The homebuyer tax credit program seemed to be a big hit, until those receiving the money aren't really "receiving" it very quick..."

Josh presents Somebody Save Me!; Finances Restored posted at Finances Restored, saying, "This is a wonderful article on the importance of saving and a step by step guide to getting you started on the saving journey."

PT presents Meeting with a Fee-Only Certified Financial Planner, Part 1: Finding an Advisor and Gathering Info posted at Prime Time Money, saying, "My experience finding and working with a CFP."

freefrombroke presents Portfolio Rebalancing – Keep Your Asset Goals In Line posted at Free From Broke, saying, "Making sure to rebalance your portfolio is an important task for an investor to understand in order to keep their investment goals in line."

Michael Pruser presents How Much To Save and How To Do It posted at The Dough Roller, saying, "A look at how much money you should be savings and how to go about doing it."

MoneyNing presents Mutual Fund Investing Is Not Rocket Science posted at Money Ning, saying, "If you just take a tiny bit of time to learn, you'd be way ahead in the financial freedom game!"

Khaleef @ KNS Financial presents Firefighters Let House Burn and Pets Die Over $75 - Is the pay-to-spray fee a good idea? posted at Faithful With A Few, saying, "Firefighters allowed a home to burn down, taking with it pets, precious heirlooms, and memories…all because the owner forgot to pay $75! See the full story and share your thoughts."

Sun presents Repurpose to Reap More Savings posted at The Sun’s Financial Diary.

Dan presents How to Short Treasuries: With Yields this Low, Trade of the Century? posted at ETF Base, saying, "The Bond Bubble is upon us. With yields at record lows, here are several ways to short treasuries for profit when the bubble pops."

Tim Chen presents Rewards Showdown - Chase Sapphire vs Capital One Venture posted at NerdWallet Blog - Credit Card Watch, saying, "The Chase Sapphire and the Capital One Venture Rewards cards are both high-profile travel rewards cards for people with excellent credit. At first glance they seem pretty similar, and even their signup bonuses and rewards programs overlap. But when you really look at the numbers, some glaring differences appear."

That concludes this edition. Submit your blog article to the next edition of financial independence using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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Technorati Tags: financial independence,blog carnival,personal financial statement,free ebook,science of getting rich