Ladies and gentlemen, you know how much I love a challenge and how much I love side hustles. I’ve been invited to take part in a side hustle challenge and absolutely could not resist. Have you heard of Fiverr? No? Well get ready to pull a crisp Lincoln out of your wallet because this site[…]
Last year I joined a friendly challenge between personal finance bloggers hosted by Jeff Rose of Good Financial Cents. We each had to invest $1,000 of our own money and at the end of 2014 we would see who had the most left. I love these kinds of challenges because I get to poke fun[…]
You know how you make a mistake and you’re so embarrassed by the mistake that you hide that mistake on the back of a shelf in a deep, dark corner somewhere hoping that no one ever discovers it? Well there are no such secrets here. I screwed up big time and I’m sharing it with you so that you don’t make the same stupid mistake that I did.
I had a little bit of money in my last employer’s 401(k) program. I finally decided to manifest my destiny and rolled it over into an IRA with Fidelity. Now, I have a world of investment options open to me and I’m not limited to the funds that my former employer chose. Great move on my part, but I messed up pretty badly when I did all this and I’m kicking myself in the shins. […]
Starting a new business can be scary when you see seemingly successful operations closing up shop even in good economic times. This is why it’s so important to get it right from the start. Among the many things necessary for getting your new business right is to have a few online basics.
Most of what you need involves eCommerce solutions. After all, the Internet is one of the most widely used tools in the world for personal and business purposes, and any business looking to succeed needs to take advantage of this fact. Make sure you have a good online presence with links back to your site, printed receipts at your store that invite customers to use the site, and provide incentives for new customers to sign up for emails. This will all help ensure your business doesn’t pull up stakes any time soon. […]
If you’re like many hustlers, you probably have a million ideas in your head for what you might want to start on the side. Whether it’s a food truck or a eCommerce site or a kiosk in the mall, your head is full of ideas to the point that it might actually be paralyzing you.
The key to wrangling your thoughts is to start plucking these ideas out of your head and putting them on paper. Then you need to analyze each one and decide whether it’s something you want to pursue or if it’s something you believe will not work.
The goal of this exercise is to go through your list of ideas and settle on one that you think gives you the best chance for success. Then execute it, as cheaply and quickly as possible, to find out if it will work. If it does, fantastic! If it doesn’t, move onto the next one best opportunity.
So how do you analyze these opportunities? […]
Online shopping has exploded in the past decade. The demand for a wider selection of products, better prices, and convenience has created an entirely new marketplace. However, you may be missing out on a whole other audience if you’re not paying attention to the potential of international customers. For example, according to the New York Times, online shopping in China skyrocketed into a $211 billion business in 2012, making the country one of the world’s foremost nations of online shoppers. There is potentially a hidden customer base you may not even know exists, and if you don’t take steps to make your business accessible to international shoppers, they may never find you either. […]
If you want to pay off your credit card debt, but do not earn enough from your day job, starting a home-based business might be the answer. You can turn a hobby into a lucrative business, and all income from your business can go towards your consumer debt. I’m constantly advocating a side hustle or a Plan B just for this purpose. Of course, this is easier said than done, as it can take several months to get a new business off the ground. And even if you do get your business off the ground and acquire several clients, you may run into a few slow payers.
Getting some clients to pay for services rendered can be challenging. But there are professional and effective ways to get your money. […]
I don’t know why I never thought abut writing this article because I do this every month, but one way that I make money online is by running this blog. How much am I making? On average I net about $1,000 each month but it has been higher than that as well. I think that I made close to $3,000 during my best month. You can make money blogging as well.
First, let me be completely honest with you. Everyone can have a blog, but not every blog can or will make you money. That’s the truth that everyone selling you the dream of riches earned with your keyboard will not tell you. Second, having a blog that will make you money takes time. Once you calculate the amount of time that it takes to make money on your blog, you might decide that it is easier and more time effective to just get a second job. Okay, on to how I make money blogging. […]
A new service by ecoATM helps you convert your old unwanted phone, mp3 players and tablets into instant cash…and it’s all done via an ATM in the mall!
I’m beating the pants off of the big banks with my investment returns via Prosper.com and peer-to-peer lending. Find out how my portfolio is doing three years into investing my money.
I’ve moved away from talking about debt all the time on this blog and instead decided to incorporate some ways to make additional money…to use for debt repayment, of course. Some of these methods might be a bit unorthodox, so I know that it leaves many of you apprehensive about trying some of these things yourself. One such method might have been a peer-to-peer loan or investment on Prosper or Lending Club. […]
Last year I reviewed how my lending account with Prosper.com was doing. I thought I would continue along those lines and share how my account is doing after the two year mark. If you don’t know what Prosper.com is, it is one of the largest peer-to-peer lending networks in the country. Prosper.com and its rival, LendingClub.com gives everyday men and women like us the opportunity to effectively become bankers, lending our money out to others in the hopes of attracting a really good rate of return. You can read all up on how it works on Finance 101: What The Heck Is Peer-to-Peer Lending? […]