Wednesday, February 9, 2011
I always ask myself "do I really need to buy that", when considering making ANY type of purchase. There are many things, that just like you, I want to have BUT really don't need. I was at a local store the other day and found myself in the Electronics section and found myself "mesmerized" by a radio, of all things, with all kinds of "whistle's and bell's". I was about to purchase it and asked myself "do I really need this" ? The answer was NO, I already own 2 radios and didn't need another one. I will be very happy to keep this one I saw on my "buy list" BUT only when one of the other 2 is broken and you know what, by the time one of the other 2 breaks down, there will be a newer model to purchase, with more "whistle's and bell's" than the one I saw the other day ? You don't have to be "Cheap" just a smart consumer and always, always ask yourself "Do I really need this" and if the answer is NO, just don't buy it !
Friday, January 7, 2011
The average person has very little money saved up for any type of financial emergency. These financial emergencies can turn into financial disasters, if you are not prepared. The financial guru's always say that you should have a minimum of 6 months worth of money saved away. This 6 month fund should include money to pay ALL your bills, down to the last penny, for a 6 month period. This is easier said than done as most people don't save BUT you can start on it today. Rome wasn't built in a day and it will take time and persistence to accumulate your 6 month "Rainy Day" fund. You can begin by putting away in a "special" separate bank or credit union account, a specific amount of money each week. Your best bet is to open a savings account of some type as most pay interest on your savings (even if the interest rate is minimal, its more than you would make having the money in a non-interest producing account). Then set up a legitimate goal to achieve based on your bills for one month and work your way up. You first goal should be to get the first months bills saved up and then start on the second ect. ect. until you will eventually have 6 months worth of expenses saved up in your account. This might take you years to achieve based on your specific financial situation or you can save up the money quicker, regardless once you have this "special Rainy Day" fund set up you will sleep better at night knowing you are prepared for a financial set back (illness, loss of employment ect.ect.). Remember the trick to this is to set up the account and save your money on a continual basis. Do you really need that new technological gizmo ? or that $ 5 cup of coffee everyday ? When you are living from paycheck to paycheck with no savings put away ?
Tuesday, January 4, 2011
Brigham Young was a leader of The Church of Latter Day Saints (The Mormons) who led that Church from 1847 until his death in 1877. He said "If you wish to get rich, save what you get. A fool can earn money, but it takes a wise man to save and dispose of it to his own advantage". /// This quote was true then and is true now.
Monday, January 3, 2011
This might not seem like a great tip on how to save money but it is the fundamental one to start saving your hard earned money with. The tip is simple, go get a piece of paper and sit down and figuere out EXACTLY how much money you make, after taxes ect. This should be your "take home" amount, next calculate all the monthly recurring bills you have (rent, mortgage, electricity, gasoline, food ect.). What is left is what you should use INSTEAD of credit cards to "fund" you spending habits and to save your money for a rainy day. If you are self employed knowing how much you actually earn becomes even more important, as you never really know what your income will actually be. There are so many people who have no clue how much real income they have because they use credit cards (which have to be repaid !) as an additional source of income, when in reality they are just sinking deeper and deeper into debt and future financial problems.
Saturday, January 1, 2011
The Amazon Associates Program is an excellent way to make a few extra dollars by linking ads or specific Amazon links to your Website or Blog. If you are using Blogger you can click on "Monetize" and set up an account. This will permit you to place Amazon ads and links to specific products on your posts. If you are not using Blogger you can still use the Amazon Associates Program on your Blog or Website. It is simple to set up and if you can "copy and paste" code you can do it (if I could do it, you can also, as I am not a "computer expert" and you don't have to be on either). You can visit https://affiliate-program.amazon.com/ and open an account. // My book "Hispanic Confederates" 3rd Edition on the left hand side of the post, shows you what a typical link on a Blog post looks like and by the way like the shameless promoter that I am >> click on the link and buy a copy of it, LOL LOL.
The web is filled with thousands upon thousands of "get rich quick" schemes which take advantage of both the desperate and the gullible. If it sounds too good to be true, well guess what >> it is probably a scam, so stay away from it. I have been doing research on this topic of "working from home" for a few years now and have run across every type of "flim flam scam" out there. If you see something that offers you "thousands of dollars a day" or "thousands a week" or "thousands a month", BEWARE !! The few legitimate job opportunities which exist usually pay the same as you would make working in person at that same type of work. There are ways to make "residual income" from Blogs and Websites but these require in most cases specific skills in writing and specifically "writing for the web" to drive traffic to your site. YES, it can be done and is both rewarding and fun BUT don't expect to pay your bill's from "residual income". You will make a few extra dollars but like the old adage says > "don't quit your day job" if you are lucky enough to actually have one in today's economic recession.
I would like to welcome you to my new blog "Working From Your Computer". I will be blogging on different ways to make a little extra money online, plus any other ideas to earn money working from home. The "Work From Home" field has many "scams" and "get rich quick schemes" and I will try to write about legitimate opportunities where you can make a few extra dollars working from home. I will also give you ideas on how to save the money you already have. This is not a "get rich quick website" but one which will offer ideas on how you can make a few extra dollars and ways to save what you already have. I will also be writing about the economy and other related topics. I hope you visit the blog often as I will be posting on a regular basis. Thank You // Gracias !