Archive for the ‘money’ Category

2704
March 4th, 2010 By: Richard


Post image for Ways To Make Extra Money Series: 5 More Ideas To Create Extra Income

First, I need to say thanks to Pete for bringing me aboard Bible Money Matters! It’s a thrill to be writing for one of the very first PF Blogs that inspired me to start my own!

The ironic part of this is that I’m writing about a post to create extra income and that is exactly what I’m doing while I’m writing! As Craig mentioned previously, I too am stumbling into freelance writing – it’s a lot of fun, and a cool way to make a little side money.

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  • seascape3 Reasons Why Paying With Cash Hurts You in the Long Term Many of us have been conditioned to think that living debt free is the only way to be. While there is some truth in this statement, if you’re completely debt free and using only cash, you’re hurting your chances of getting a new home, and you may end up in......
  • blog traffic exchangeYour Wheel of Wealth I read how are you building your net worth? at The Digerati Life a few days ago and I found it a very interesting article - one of the most interesting I've read in a long time. She breaks down her overall wealth accumulation into a 8 basic areas -......
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March 3rd, 2010 By: Richard


Post image for Ways To Make Extra Money Series: 5 Simple Ways to Create Income

We’ve had two days full of income creating ideas.  Are you looking for even more ways to make extra money? Good, let’s get started!

Budgeting – Income Vs. Cutting Back

Budgeting your money each month boils down to making sure that there is more coming in than going out.  If you have more money going out each month than you have coming in, you really have just two options:

1) cut back on your spending, or what’s going out; or

2) generate extra income.

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  • blog traffic exchangeGuest Post - Save to Live, Don’t Live to Save—Saving Money Ideas The following article is a guest post by David of Your Finances 101. David has been a frequent commenter here on Not Made of Money and has just published his first book Don’t Be A Mule: A Common-sense Guide to Saving More, Spending Less, and Generating Extra Income in Your......
  • blog traffic exchangeEscaping The Rat Race Here's another inspiring story on getting out of the rat race.How I escaped the rat raceCarole Dobson as told to Duncan HoodFrom the May 2006 issue of MoneySense magazineI used to work full time at a stressful job making a six-figure salary. Then, about 10 years ago, I started planning......
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March 2nd, 2010 By: Richard


Post image for Ways To Make Extra Money Series: 5 More Great Ideas For Creating Extra Income

The absolute best way to create extra income is to pursue something you love.  For this reason, I’m a fan of turning a hobby into a business.

Here are some proven ideas or things I’ve come across that people do to make money.  Notice – none of these are theoretical options.  I’ve either done them, or someone close to me has done them.

Organize Travel Tours

A friend from my hometown loves to travel.

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  • blog traffic exchangeHow to Choose a Niche How to Choose a Niche by ProBlogger As the saying goes, the first step is always the hardest. This is very true for individuals starting out for the first time with market research. We can hear the cries now:"Where Do We Begin?" The question you first need to ask is......
  • blog traffic exchangeGet-rich-quick schemes are great! A few days ago I got an e-mail from a visitor with the subject: "How do you sleep at night?"  The message: Your site advertises get-rich schemes!  How can you do this and sleep?  You write on a frugal site for God's sake!  Have you no shame? (I corrected some......
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February 18th, 2010 By: Richard


Post image for Is Math The King Of The Financial Jungle?

Here a financial myth that I’ve believed for far too long:

Myth: If it makes the most math sense it must be the right choice.

Reality: We must work the math system for a period of time so that we can ignore the math.

You cannot ignore the math for your entire life.  In fact, the problem with most people is that they try and ignore the math.  They spend more than they earn.  Borrow beyond their capacity and end up upside down in debt.  Math is a reality.

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  • 3298px341064461938.jpgFavorite Blog Wednesday - Opening Her Wallet The sixth personal finance site in my series “Favorite Blog Wednesday” is My Open Wallet, which is "about how much money I make, what I spend it on, how much I save, how I budget, my home-buying experiences, my financial goals and ambitions, my thoughts on class and what......
  • blog traffic exchangeWhere do you want your money to go? Many people chafe at the idea of a budget, and I don't like that word either. It just has too many negative connotations. But a budget (or as I prefer to call it, a spending plan) is about putting YOU in charge of your life, not a bunch of creditors......
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February 4th, 2010 By: Richard


Post image for Tips On How To Obey “Thou Shalt Not Covet”

This is a guest post from Mr Credit Card from askmrcreditcard.com. If you are looking for a credit card, check out his list of best credit cards recommendations.

A few weeks ago, my Pastor from church was preaching about “Thou shalt not covet” – one of the Ten Commandments. He said that it was not one of the most talked about commandments but was nevertheless very important and so easy to break. He gave the following analogy. He said that if he was caught reading a “Playboy” magazine in his office, it would be a scandal! But if he was seen reading “Kitchen and Bed” magazine, nobody would bother. But to him, reading the magazine about Kitchens and “coveting” for that dream kitchen that one’s neighbor has is just as bad. This got me thinking about how to prevent myself from coveting for “stuff”.

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  • RateLadder.com LoanNew Loan Funded — Financial Freedom / Credit Card Consolidation — $25,000 at 11.44% — AA Credit — DTI 37% A new loan funded (Financial Freedom / Credit Card Consolidation – $25,000 at 11.44%).  I participated via my standing order RL Overlooked.  The borrower had AA credit, a 37% DTI.  As a reminder my standing orders (and manual bids) only find loans with 0 current delinquencies, 10 or less delinquencies in the last 7......
  • blog traffic exchangeShouldn’t We Burn Credit Cards in Protest? In the sixties and seventies, some angry young men protested the Vietnam War by burning their draft cards. Also in the sixties and seventies, some angry women protested their unliberated status by burning their bras.  In the eighties and nineties, outraged parents and culture warriors protested raunchy and violent music lyrics......
188
December 8th, 2009 By: Richard


Post image for How To Teach Young Children About Money

How Soon Is Too Soon To Teach A Kid About Money?

While more knowledgeable educators and child psychologists would love to quibble over the finite details of this question, my response is less nuanced – as soon as possible between the ages of 3 and 4.

Since it is hard to predict when your kids might “get it” I think it would be wise to have a system in place for when the child does.

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  • Work At Home Mom Shares Tips On Saving Money As a WAHM, it’s essential to find a way to network since there’s typically nobody else to talk or exchange ideas with when you’re working at home. I discovered several online forums and social networks dedicated to WAHMs and SAHMs (work at home and stay at home moms). Through......
  • blog traffic exchangeTithing without getting an allowance? Each week at church we have "children's church" for kids up through fifth grade.  This gives the kids a church experience that's a little bit more suited for their age so that the grownups can concentrate on the message without constantly telling their young kids to be quiet. And just......