Showing posts with label passive income opportunity. Show all posts
Showing posts with label passive income opportunity. Show all posts

Monday, December 6, 2010

Financial Independence Compilation, make money blogging and passive income opportunities


Welcome to the December 6, 2010 edition of financial independence.
Your Financial Independence Articles
Making money blogging: diaries of a beginner blogger entry 2–should I give up? - Back in September 10 I posted an entry entitled Diaries from a beginner blogger entry 1. In that post I explained why I started this blog and, in summary, what I wanted to achieve.
Just to recap, I made the following points…
Passive income opportunities - This post is a bit of dummy spit from me. Not a nice start, I apologise for that. I get very annoyed by the main stream financial advice available in personal finances magazine or even on TV. The main advice you get from the experts is to cur your expenses,save your money, put it into your superannuation, or 401K if you are in the USA and have an emergency fund.
Whilst they are not wrong I believe they are missing the point. Think about the following scenario…

Top ten saving tips - Want to save your money but don’t know where to start? Or perhaps you are have already gone through the process of cutting your expenses but it has not been enough?
Whatever your circumstances, I have compiled ten easy ways save on your daily expenses.

Reader’s Articles

Rich D presents Where to Buy Penny Stocks posted at Stock Tips, saying, "Buying penny stocks can be confusing for many investors. Learn how and where to buy penny stocks and what to look for when choosing which penny stocks to buy."

Pinyo presents How to Protect Yourself from Debit Card Overdrafts posted at Moolanomy.

Colin Robertson presents What Credit Score Do You Start With? posted at The Truth About Credit Cards.com, saying, "If your one account is in good standing, meaning you’ve made payments regularly and kept the balance low (credit utilization), you should have a good credit score."

BC Russell presents Free MLM Leads posted at Internet Marketing... while being careful with your cash., saying, "That can’t be a real offer, can it? Well sort of. Here are 3 ways you can generate MLM leads free, if you understand the downsides."

Everything Finance presents How to Manage Customer Reviews Online posted at Small Business Resource, saying, "For small business owners, word of mouth advertising is one of the most effective ways to draw new customers."

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 seem pretty similar, and even their signup bonuses and rewards programs overlap. But when you really look at the numbers, some glaring differences appear."

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

Thursday Bram presents Doing What You Love, and Deciding Never to Retire posted at Currency.

Thursday Bram presents How Much Should You Spend On Having Fun? posted at Currency.

Jeff Weber presents Discover More Card Review Who Benefits with this Credit Card posted at Smart Balance Transfers, saying, "The Discover More card is a good credit card for people who want good customer service and fair treatment."

Chizoba Morah presents Your Personal Finance Journey | Information Gallery posted at Information Gallery.

Chizoba Morah presents Tips for Taxpayers Who Owe Money to the IRS | Bookkeeping Tips posted at Bookkeeping Tips.

Barb Friedberg presents How to Prepare for the Coming Inflation posted at Barbara Friedberg Personal Finance, saying, "Get ready to fight inflation with these tips. Your shopping trips are going to cost more soon!"

Steve Faber presents How to Use the Law of Attraction to Win the Lottery | lucky-lotto-numbers.com posted at Lucky Lotto Numbers, saying, "Thousands of people ask this question every day. Have any of them really thought about how this could happen? Apparently not! Here is what they're missing, and it's as plain as the nose on Cyrano's face."

BWL presents 8 Ways To Save Money On Your Christmas Shopping posted at Christian Personal Finance, saying, "This article looks at 8 simple ways you can save money on your christmas shopping this year..."

Michael Pruser presents Understanding the Value of a Good P/E Ratio posted at The Dough Roller, saying, "Knowing the value of a good P/E ratio could be the edge you need in the stock market."

Michael presents Sony Card From Capital One $50 Gift Card posted at Consumerism Commentary, saying, "A credit card for anyone loyal to the Sony brand, or who has a big electronics purchase looming."

Praveen presents Two Stock Ideas: NETC and RPM posted at My Simple Trading System.

Odysseas presents Five Ways You Can Turn Your Debt-inspired Frown Upside Down posted at Wallet Blog, saying, "I think your readers will enjoy my submission this week because it shows them that debt does not have to be such a heavy burden. Anyone can take control of their financial future by making a few lifestyle changes."

MoneyThinking presents Holiday Hosting on a Budget posted at Money Thinking, saying, "I realized the other day that I’m going to have three or four get-togethers at my house in the next month. First off, I wondered what I was thinking. Secondly, I realized that this could get really expensive! Luckily, I have experience with keeping things cheap but fun… and as always, I’m going to help you, the readers, do the same! Hosting a holiday party this year? Then check out these quick tips!"

freefrombroke presents LIFE Has A Way Of Screwing Up Budgets posted at Free From Broke, saying, "You try to do the right thing and make a budget. But you find that your cash flow still doesn't work out. What's happening? LIFE!"

Ken presents How a Home-based Business Helps You Reduce Taxes Even More – Part 2: Business Losses posted at Spruce Up Your Finances.

PT presents Do You Need Home Office Insurance? posted at Prime Time Money, saying, "Does your small home business need insurance?"

DoubleMyNet presents Buy My Truck For $900 Per Month posted at Double My Net Worth, saying, "How would you like to buy a USED truck for 900 U.S. dollars a month? That's a terrific steal. Better than 1500 a month, don't you think?"

Silicon Valley Blogger presents Transferring Your Brokerage Account? Switch Brokers With Ease posted at The Digerati Life, saying, "Thank you!"

Darren presents Social Security Benefits for your Spouse posted at MORE than Finances, saying, "You may know about receiving social security benefits for yourself when you retire. But did you know that when you retire, your spouse also receives benefits?"

Erin Pavlina presents How I Got Every Job I Ever Wanted posted at Erin Pavlina - Spiritual Wisdom for Conscious People, saying, "When I was 17 my father told me I could work for him during the summer for $3.00/hour or I could go out into the “real world” and get a job that earned minimum wage, which at the time was $5/hour. I thought this was a very clever deal since he was offering me the..."

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.


Thursday, December 2, 2010

Passive income opportunities

This post is a bit of dummy spit from me. Not a nice start, I apologise for that. I get very annoyed by the main stream financial advice available in personal finances magazine or even on TV. The main advice you get from the experts is to cur your expenses,save your money, put it into your superannuation, or 401K if you are in the USA and have an emergency fund.

Whilst they are not wrong I believe they are missing the point. Think about the following scenario:

A family of 4 with two children children and both working parents. They earn the average family income of about $80 000. They are trying to save as much as possible to go on holidays, to build an emergency fund or to save for the children's college fund. Nevertheless with the increase in the cost of living they are finding hard to find ways to save more.

As the interest rates keep on going up, in Australia anyway, they continually struggle to pay for all the bills on time and afford the mortgage payment and they are doing all that they can to keep their house.

As mentioned above thy have already cur their expenses as much as possible. So what now?

Their income barely meets their expenses and they have already cut as many expenses as they can. So the advice they get from the main stream media is not achievable. One of the parents can find a weekend job but the pay will not make much difference.

In this case they need to make more money, Not through extra employment or short term solutions. they need a long term solution to increase their income so they can achieve their financial dreams.

The answer is in passive income. Passive income is income earned without someone having to work for it. Once the passive income stream is setup all you need to do is sit back and watch the money come in.

It is not very easy to acquire passive income, that is why not many people have passive income sources. Nevertheless with the right education, time and persistence, anyone can have a few sources of passive income that bring in a few hundred dollars, or even thousands every month.

The first step towards having passive income is learning about it. The following articles will give you an introduction of what passive income is and how to setup different streams of passive income:

Monday, November 15, 2010

Financial Independence Compilation, investing money, financial independence and more


Welcome to the November 15, 2010 edition of financial independence.

Your Financial Independence Articles

 Top 20 Personal Financial Tips - If you are like me, you have never had any formal training on managing personal finances. You may have read books and researched the topic on the internet, however you probably don’t have any formal training on the subject …

10 Tips for Financial Security - Many people strive to achieve financial security. It is however very difficult to deal with the pressures and expenses of the normal daily life and at the same time try to achieve financial independence…

Is it possible to live without a credit card? - During the weekend I read an article on the newspaper about how hard it can be to live without a credit card. Our society pushes us into debt. Marketing campaigns, online marketing, junk mails and other strategies are all designed to lure us into acquiring stuff that we don’t need…

Top 5 millionaire habits that can make you rich - Do you ever catch yourself thinking how you would manage your money if you were a millionaire? Do they even care, they have so much money that they probably don’t even care about it?…

Reader’s Articles

Molly Cunningham presents The Top 50 Real Estate Blogs posted at Business Administration Degree, saying, "Real estate can still be a good investment, even though the housing bubble’s collapse has had a disastrous effect on the economy. Real estate newbies and experienced professionals can all get excellent real estate news, information, and commentary thanks to some very dedicated bloggers."

Mike McFate presents Mutual Funds or Exchange Traded Funds (ETFs)? Which is Best? posted at CompanyInvest.com, saying, "The tips in this article can save readers thousands over time."

Youdondour torres presents Apply now for a unsecured personal payday advance loan posted at Quick and easy payday loan!.


Medhat Youssef presents Prophet1 EA posted at Forex Trading Online, saying, "The popular Expert Advisor for automatically trading the currency market is being reviewed heavily on the web. See what traders think about it."

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

Andrew Yeung presents Saving Money Tips For This Holiday Season posted at ComboInk Blog, saying, "If you are looking for meaningful and enjoyable holiday season, then here you can find some saving money tips for this holiday season."

Shaheen E Lakhan presents The Price of Happiness posted at Brain Blogger, saying, "An analysis of income and happiness in the United States reveals that a salary of $75,000 does, in fact, buy happiness."

Silicon Valley Blogger presents Should You Get Low Cost Life Insurance? posted at The Digerati Life, saying, "Thoughts on life insurance."

Moolanomy presents 4 Things You Should Know About Retailers Before the Holiday Shopping Season posted at Moolanomy.

debt kid presents Getting That Home-Stretch Feeling posted at DebtKid.

Tim Chen presents How Will a Charge Card Affect My Credit Score? posted at NerdWallet Blog - Credit Card Watch, saying, "Charge cards function a bit differently than a standard credit card, in that you are required to pay your bill off each month; there’s no revolving credit line. So if you can’t carry a balance, and you don’t have a credit limit, what does this mean for your credit score?"

Robert Alan presents Tips and Advice on How To Dispute An Erroneous Charge posted at Credit Cards Blog | CreditCardAssist.com, saying, "How to dispute erroneous charges on your credit card."

Michael Pruser presents Ink Plus with Ultimate Rewards - $100 Bonus Cash Back posted at The Dough Roller, saying, "thanks for the inclusion"

Michael presents Recent Changes in My Personal Finance Plan posted at Consumerism Commentary, saying, "thanks for the inclusion"

MoneyThinking presents Diversify my portfolio? Why? posted at Money Thinking, saying, "If you listen to professionals (which I usually do, they’re called professionals for a reason), they tell you not to “put all your eggs in one basket” and only get one type of stock or mutual fund from one place. Diversification is the best way to success. But why? Why is it less risky to distribute the $10k that you’re..."


Alexander Peter presents Lost your UTR Number? posted at UTR.org.uk, saying, "Get organized before tax season. If you are self employed and have lost your UTR number this article will show you how to get a replacement."

Buck Weber presents Ten Tips to Stop Living Paycheck to Paycheck posted at THE BUCK LIST, saying, "The figures are startling to say the least – over 70 percent of Americans live from paycheck to paycheck. By the time pay day comes around, they’re broke and waiting to get their hands on the money that is due them. It’s a vicious cycle that they cannot seem to break; it becomes a habit that is hard to get rid of; in short, it’s like a ticking time bomb waiting to go off."

Susan Howe presents 10 Home Repairs You Shouldn’t Ignore posted at Welcome to the Insure.com Insurance Blog: Life Insurance, Health Insurance and Car Insurance news and opinions, saying, "Failing to maintain your home can cause you home insurance problems. Here are 10 home repairs you can't ignore."

HomeList presents The Basics of Real Estate Negotiation posted at HomeList.

Mike Piper presents Buying Fixed Immediate Annuities posted at The Oblivious Investor, saying, "Tips on shopping for a fixed immediate annuity for investors in or nearing retirement."

FMF presents Digital Moonlighting: The Best Ways to Earn a Little Money Online posted at Free Money Finance, saying, "How to earn some extra income online."

Jim Nariel presents How affiliates that make money online by using powerful keywords posted at Point and Click Program Revealed, saying, "How to get great keywords for ranking up the search engines"

Arjun Rudra presents How To Manage Risk, Increase Income and Maximize Returns With Mohsin Bashir, CFA Of Highwater Capital Management posted at Investing Thesis, saying, "How To Manage Risk, Increase Income and Maximize Returns With Mohsin Bashir, CFA Of Highwater Capital Management"

Miranda presents How Much Do Your Friends and Family Know About Your Finances? posted at Money Ning.

BWL presents Why Refinance A Car? posted at Christian Personal Finance, saying, "A look at why you may or may not want to refinance your car loan..."

Jeff Weber presents American Express Blue Cash is a Dangerous Credit Card posted at Smart Balance Transfers, saying, "The Blue Cash card is a dangerous piece of plastic. Anyone who doesn't read the fine print and pay their balances in full every month could end up spending a fortune on interest while earning much less cash back than they might otherwise be led to believe."

nissim ziv presents Success Definition: What Is Your Definition of Success at Work? posted at Job Interview Guide, saying, "This question can be asked by an interviewer in your upcoming job interview or either can be asked in many other occasions."

Odysseas presents Make Your Credit Cards Work for Your Business posted at Wallet Blog, saying, "Hey, I think your readers will enjoy our submission this week because it illustrates when to use a business credit card as well as a personal credit card for financing your business. For your convenience, I have prepared a short summary of the article: "Business credit cards, despite their name, are actually not the best choice for financing your business."

Sunil presents Why Even Little Passive Income is Worth More Than You Think posted at Sunil from The Extra Money Blog, saying, "What’s the big deal about a blog making only $50 per month? Plenty! Passive income is worth a ton more than you think, and it increases your effective hourly wage from your job. Consider a side business the generates residual income streams from Google Adsense, rents, royalties, etc."

Joe Morgan presents How Amazon.com Lost Me as a Customer. posted at Simple Debt-Free Finance, saying, "Here's a case study from one of how one of the world's largest retailers made a costly and avoidable mistake. Entrepreneurs take note!"

Zarathustra W. presents Five criteria to identify asset bubbles - Also sprach Analyst posted at Also sprach Analyst, saying, "Five criteria to identify asset bubbles"

Alexander presents Blackrock Equity Dividend Fund posted at Dividend Stocks, saying, "Learn how the Blackrock Equity Dividend fund can produce high yields for your portfolio."

Stretching the One Income Dollar presents 3 Ways to Earn Money on a Cruise Ship posted at Stretching the One Income Dollar.

Rick Schiano presents Biblical Prosperity posted at Ricks Victory Blog.

freefrombroke presents Charge Cards Are Not Credit Cards – Understanding the Difference posted at Free From Broke, saying, "Credit cards and charge cards are often confused but they are, in fact, two different credit tools that consumers should understand."

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.