Monthly Archives: August 2010

Five Easy Steps to Save Money

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Five Easy Steps to Save MoneySome people find it hard to save money for many reasons like their income is not enough, many bills to pay at the end of the month, credit card problem and so on but whether we like it or not when you we do not face these shortage we will not be able to overcome these daily finance problem. What will we do to overcome these problems that hunt us every day? Here is a simple five steps to save money and if you follow these you will be free sooner as what you think. Well I must confess that initially these five steps are very hard to follow, it is normal because you are not used to do it. But if you will discipline yourself and follow it no matter what, you will be surprised that it is not hard at all.

1.0 Start immediately – Do not wait for tomorrow or next month to execute your plan. Do it today and write it in your board or piece of paper and do it today. Make a program to save money even if your earning is not enough. You could start with cent if it is really very hard for you to save. I am talking here on how to develop your attitude in savings. Remember if you do it for 21 times then it will become a habit as what the psychologist said to me.

2.0 Allocate Savings – How much do you want to save? It will depend on how old you are; the older you are the more you need to save money. You can start at small percentage like for example five percent then increase it to 10%. Just start saving and adjust it after a few months.

3.0 Pay Yourself First – Before you spend your earning, you should set aside a certain amount of money. Deduct it from your gross income like let say 10% every month. This is why we called it “pay yourself first”. If you are near to retire then it is advisable to save more like maybe you could save up to 20% per month from your salary.

4.0 Contribute More to Your savings- Save more by knowing which expenses are like and wants. Build a bird nest and put your money there and maybe you can spend the dividend but not the principal or capital that you save. Look for good investment and invest your money there.

5.0 Monitor Your Plan- As I mentioned earlier when you have the savings you have to invest them too because if not the value of your savings will be eaten by inflation that grow each year. Inflation is when the food you buy before is more expensive as the year passes by. Before you can buy a dozen of egg with just $1 but after a few years it will become $2 so your $1 dollar is no longer capable of buying the dozen eggs today that is inflation.

Lastly do not be discouraged if you cannot get your goal in savings. The important thing is that you develop the attitude in saving money. You can adjust your expenses to meet the target that you want by following the five easy steps to save money. Learn from your mistake and be courageous enough to save money.


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Make Money Online – Why Others Make Easy Money But You Can’t?

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I’ve been thinking of a lot of things lately and this particular topic suddenly came to my mind – reasons why people don’t make money online. Sometimes, it’s good to focus on the negative side of things (like this post) to emphasize a point and of course, to learn from one’s mistakes. Let’s face it – we all (or at least most of us) want to make money online. Some of us are already making a good sum of money monthly, but I reckon that there’s still quite a big number of us who don’t make a single dollar on the net. Of course, there are reasons for this!

1. You expect to earn big money without spending a dime. Now, I’m not saying that you can’t make money with free blogs or the like, but do you think you can make $1,000 (or more) a month without having promotion expenses? Sure, you can tell your friends about your site and it can actually get featured in social bookmarking sites if the content is great, but you can’t go so far without really spending.

2. You lack focus. One day you’re so energetic and you’re promoting your new site. The next day you’re being so lazy to update your website and you think of quitting. If you’re like that, then don’t expect to make money. You should focus on your task and your goal if you really want to succeed in your endeavors.

3. You’re doing the wrong thing. You may be very hardworking, but if you’re doing the wrong thing, then you won’t make any money! If you create a site for kids and place ad spots that are for sale (meaning they’re not CPC/CPM ads), then don’t expect any revenue. Kids don’t have credit cards or PayPal accounts!

4. You believe those free e-books saying you can make $1,000 in an hour. While making thousands of dollars in an hour is not impossible, the methods presented by those e-books don’t usually work. The e-books are just full of crap, and you can’t really expect to make tons of money in an hour especially if you’re still new to the internet marketing world!

5. You’re lazy. No one would make even a single cent if he’s lazy, ya know. If you think that setting up a blog, stuffing some ads on it and leaving it alone would make you any money, then you’re definitely wrong my friend. Success will only come if you exert effort and concentrate on your tasks.

6. You’re not open to new ideas. This is a big hindrance to success. If you just stick to what you know and what you want, then you’d probably be left behind with $0 in your pocket. Try out new techniques, experiment, and learn! Always consider new ideas.

7. You limit yourself to one source of income. This is probably one of the most common reasons why people don’t make any money online. They either stick to AdSense and hope for a lot of clicks, or try to sell one product that’s not really attractive. Why not try to mix and match stuff? Do a little bit of affiliate marketing, put some CPC ads on your site, and at the same time, sell your ad spaces on an internet marketplace.

There are probably quite a number of posts out there which talk about why people don’t earn online, but hey, I have my own list of reasons why a person doesn’t make money online too! Do you think the reason why you’re not making money online is listed here? Well, read on to find out!

I have also made an Internet Money Making Reviews page, I advise you checking this out, and comparing the packages I list and compare them with your needs to make money. Good luck with making money online, I did it since 2004, so why can’t you? visit to [http://makingmoney-info.blogspot.com] or Start your money making website [http://makingmoney-info.blogspot.com].

Author: Boris Tomson
Article Source: EzineArticles.com
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7 Money Saving Tips to Decrease Home Business Expenses

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We all know that running a home business is highly satisfying, and at times downright liberating! No clock to punch, no dress code, and best of all, no boss to answer to. But there are also many facets of business ownership that entrepreneurs must stay on top of. One of those is keeping the expense to income ratio in balance. Below are seven painless ways to do just that.

1. To save on costly ink cartridges, print in draft mode, unless the printout is for a client or will be reproduced.

2. After spending your hard earned money on those ink cartridges, turn them into a free ream of paper! Many office supply stores offer a free ream of copy paper when you recycle a used ink cartridge at their store. Ask your local office supply store if they offer this service to their customers.

3. Make that free paper last twice as long. How many times have you printed something without spell checking it first? Use the back of those misprints for making lists and jotting down ideas. Another way to keep paper use down is to utilize the annoying sheets that often print out last with just a small ad or footer on them. Turn them over and print on the blank side.

4. Apply for a cash back/rewards credit card. Using one credit card for all of your business purchases simplifies bookkeeping and makes categorizing expenses at tax time a lot easier. Why not earn rewards such as airline miles or restaurant gift certificates, or even better- cash, on purchases you have to make anyway? Just be sure to fully read the fine print concerning interest charges and late fees. Or pay off the balance each month and avoid both!

5. Compare prices on internet service providers. Some companies offer a discount when internet access is bundled with cable or phone service. If you are really happy with your current ISP, call and ask if they are offering any promotions that you can take advantage of.

6. Network with other home business owners and offer to barter goods or services. If you own a gift basket business, assemble baskets featuring a direct sales consultant’s products, and customers are purchasing from both of you at once. A bookkeeper can trade services with a web page designer. The possibilities are endless. You just have to ask.

7. For low cost advertising, contact organizations holding charity auctions or raffles. You supply the prize, whether it’s jewelry or web hosting, and in return you receive exposure for your business and pleasure in donating to a worthy cause.

Paige Pate Hall is a work from home mom and Independent Consultant for Azante Jewelry, a company specializing in handcrafted sterling silver and beaded jewelry.

[http://www.myazante.com/paige]

Author: Paige Pate Hall
Article Source: EzineArticles.com
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