Entries Tagged as 'Personal Finance'
I recently wrote a post entitled, “36 Ways To Save Some Extra Cash Each Month” and it was a huge hit! The post was featured on the front page of Digg.com and brought a lot of traffic and great comments. I received a few emails from people that are doing everything they can to save money already but now have decided that they simply need to make more each month. Your questions are answered!
In this follow-up post, I’ve outlined 36 ways you can make extra income every month in addition to your everyday 9-5pm job. Read on to see some new ideas and don’t forget to Digg the article if you find it helpful!
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Tags: Personal Finance
January 28th, 2008 · 4 Comments
I paid my bills this weekend and was again stricken with my monthly sickness when I saw my Comcast bill. My bill this month was $144 for HDTV, digital cable and cable modem service. I didn’t order any pay-per-view movies nor did I have any premium channels such as HBO or Showtime. I do have the DVR from Comcast but this $144 per month seemed very excessive. I gave Comcast a phone call to find out what could be done. I was prepared to cancel the television portion of my service to save a good bit of money. Long story short, I didn’t have to cancel a thing.
All it took was a five minute phone call and I was put on a new rate plan. When it is that easy, it is definitely worth your time to do the same! Read on to see how I did it!
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Tags: Business · Personal Finance
Have you ever thought about buying a new and expensive item so much that the urge becomes irresistible? In most of these cases, the money burning a hole in your pocket is just too strong and keeps you from thinking rationally. You look at the price tag and do some quick math to convince yourself that you can afford the item. You know that the money would be better spent elsewhere but inevitably a trip to the store and a ride home with that great new item follows. How can we stop these urges?
This impulse recently hit me hard when I thought about getting a new Playstation 3. I love playing football online against other people and was able to justify the purchase in my head by telling myself that I’m getting both a video game system and a Blu-Ray player all in one. How could I not turn that down? The answer is… I did turn it down and I’m glad I did. Here’s some techniques I use to resist the urge to spend my hard-earned money.
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Tags: Personal Finance
December 7th, 2007 · 8 Comments
Most of us have been there. We’re young and want to make a big purchase for a home or automobile but we haven’t established substantial credit to get a loan. Perhaps we’ve damaged our credit and need the backing of a person with a strong credit history in order to get the loan […]
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Tags: Personal Finance · Relationships
December 4th, 2007 · 7 Comments
It is really easy for us to go out and adopt a pet from our local shelter. The cost is almost nothing and even after getting shots for the animal, toys, a comfy pet bed and all of those other fun things, we’re still not looking at a lot of money. Food is relatively inexpensive too so why not rush out and get a new friend today? Well, if you’re looking at the actual value of the money you spend at the second you spend it, you’re not taking into account opportunity cost.
Let’s take a look at what it actually costs to own a pet by using a popular example. We will look at how much money you’d have when you retire if you invest those pet dollars instead of actually adopting the pet. I think you’ll be shocked at how much you could have by age 55!
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Tags: Personal Finance
Television shows such as “Flip That House” on the TLC Network are definitely exciting to watch. They tell the story of flippers purchasing horrendous properties, going through the trials and tribulations associated with the renovation, and end with a gorgeous home and the potential for big profits. There’s always a troubling scene at the end where the proud flippers go through the finances of the deal and illustrate what was paid for the home, the cost of the renovations, and the “potential profit” figure. This number is what keeps us watching the show as it is often quite high for only a month worth of actual work on the part of the flippers.
Does this number tell the full story though? I hold an active real estate license and I’m here to tell you that it absolutely doesn’t. DailyBrilliance readers are very bright and I’m sure you already know there are other costs that the show isn’t telling you about but have you thought about what these costs may be? I have and I have put it together for you in this article. Take a look–flipping isn’t all roses.
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Tags: Business · Personal Finance
The holidays are approaching very quickly and with that comes a lot of stress caused by money issues for so many people. Just recently, I took a look at my own finances to see if there were any areas where I could save a little cash each month. It was such a good exercise that I decided to expand my view and look at ideas that would fit a wider range of people. Some of the following ideas will save a substantial amount of money while others only save a few dollars here and there. Keep in mind as you read through that these small savings add up very quickly and before long you’re saving a decent amount of money!
This is not an exhaustive list so if you have ways that you save money each month, please share them with your fellow readers in the comments section. This is one area where we can definitely help each other!
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Tags: Personal Finance
The term 401(k) gets thrown around so often but so many employees have no idea what the plan is or how it benefits them. A 401(k) is free money that your employer is trying to give you. All you have to do is accept. If you’re not utilizing your company-sponsored 401(k), you […]
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Tags: Career Advice · Personal Finance