20
Mar
2008
Posted by Robert as Saving Money
One of the fastest ways people waste money is by buying DVDs. I have written about restraining yourself from buying expensive widescreen televisions and similar luxury items, but if you were to make an argument for those items, you could say that at least you’d get a lot of use out of them. A DVD, [...]
19
Mar
2008
Posted by Robert as Business Ideas, Investing
In Monday’s post, I went through 6 lessons about passive income. Today, I want to look at ways to make passive income. Like I said on Monday, passive income is the key to building and maintaining wealth and, ultimately, freeing yourself from the confines of being an employee.
But how do you get passive income? What are [...]
18
Mar
2008
Posted by Robert as Reviews
For small bloggers, a perfect way to monetize your blog when you are first getting started is through payperpost. I recently joined after learning about it from John Chow Dot Com.
As you know, PayPerPost is a website that helps bloggers (among other creators of content) find advertisers that sponsor a specific type of content. Usually, advertisers post [...]
17
Mar
2008
Posted by Robert as Investing
I have made many references to passive income on this blog. Some people understand what “passive income” is, but others do not. So I think I should define this phrase and talk about it a little bit.
1) What Is Passive Income?
The term “passive income” refers to income you receive, on a regular basis, from a business [...]
14
Mar
2008
Posted by Robert as Investing, Resources, Saving Money
Many individuals have high levels of consumer debt, either in the form of credit cards, car loans, or store-financed purchases. For those of us with mortgages, however, when we think of our debt, we seldom take into account the fact that our mortgage IS part of that debt. Those of us with the goal of paying off [...]
13
Mar
2008
Posted by Robert as Make Money Online
I recently joined Entrecard a little over a week ago. The website instantly fascinated me because, as a small blogger, I needed an easy, cheap way to build traffic. When I realized that you earned one credit for every card you dropped, I started dropping away and aimed for that “hint of addiction” classification. The [...]
11
Mar
2008
Posted by Robert as Make Money Online
This is the best blog contest I have seen by far. As of right now, Winning the Web is offering $6,113 in prizes (mostly cash and Internet marketing-related products and services) in what it has termed as The Craziest Internet Marketing Contest You’ve Ever Seen. It will hold a random drawing for all prizes on Monday, March 31, 2008.
Any [...]
10
Mar
2008
Posted by Robert as Buffett-isms
I recently read Warren Buffett’s 2007 letter to the shareholders of Berkshire Hathaway, Inc. If you’ve never read one of these letters, I highly recommend it. They are often short (the 2007 letter is just 20 pages long). It takes about 30 minutes to read it, but the information you gain is priceless. Each of the letters, [...]
08
Mar
2008
Posted by Robert as Real Estate, Resources
People routinely believe that the house they own and live in is an asset. They also believe it’s the greatest asset they have.
Your House is a Liability
The reality is that your house is not an asset. It’s the bank’s asset and your liability.
This distinction is crucial for individuals who rely on their house as their [...]
07
Mar
2008
Posted by Robert as Business Ideas
Some of us think that starting a business is difficult, and we attribute that difficulty to our lack of creativity. What we don’t realize, however, is that we don’t need to be creative. We simply need to identify a problem in the market and then create a product or service that solves that problem.
One way [...]
