Using a Pro for Your Blog or Side Business Taxes Can Be a Great Investment

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Businessman Carrying Heavy Tax And Revenue Burden

This year I paid around $300 to have my income taxes prepared professionally.Usually I pay around $20 to file them online all by myself.Do you think I’m going to regret paying an extra $280 more?  Maybe … if I was penny wise but pound foolish.If you’re a blogger who earns an income, a freelancer, or make any kind of money on the side, then you should listen up and think about if you’re really qualified to handle your own side business taxes.As it turns out – that could be an assumption that costs you thousands down the road.  Handling My Own Blog Side Business Taxes: I’ll be honest – I’ve never really felt too good about preparing my own “business income” taxes.The personal / individual taxes don’t really … [Read more...]

5 Ways to Diversify Your Portfolio and Get the Most Out of Your Investments

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investment

Whether you’re an investing pro or you’re new to the game, it’s a good idea to always review your current investments, and ensure your portfolio is diversified. This will give you the best spread of risk vs. yield. A well-diversified portfolio also helps protect you in the case of economic problems or bad investment choices. There are many ways you can go about ensuring your portfolio is diversified.  1. Decide on a Plan Early: One of the worst things you can do when trying to ensure that your portfolio is diverse is to take it as it comes. When you make a plan, you’re able to ensure that the companies you invest in fall within that plan. There are a few things you should decide before investing. How long are you planning for the … [Read more...]

Niche Website Update 15 – A Slow Start for NS4 and $935 in Passive Income!

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slow snail

It’s official: I finally have a website that is NOT about personal finance.  My latest creation, niche site 4 (which we’ll call NS4), is up and running. For those of you who are new to my updates, this creation is an Amazon based niche website that centers around the theme of music and musical products for sale.This is latest addition to my collection of niche sites that I've been building and promoting to help bring in more passive income.  For this creation specifically my intended goal for this project is to create a website that uses Amazon as its primary source of monetization rather than Google Adsense.  Lots of people who build niche sites claim that they get a far better return with the Amazon Affiliates program than they do … [Read more...]

How to Go About Finding Financial Jobs in Great Britain

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The following contribution is from a reader of My Money Design.  If you’d like to write for us, please feel free to contact me.The economic situation in Great Britain has had an impact on each part of UK. Some industries have been affected in some ways. With the unprecedented numbers of graduates who are unemployed and big number of redundancies, and every government department and company making big cuts, finding jobs is not very easy task.The economic recession in UK affect every city in the country. Finding a work in Britain has not been such a difficult task for a long time. However, it’s harder to find jobs that do not mean it will not happen. A lot of people are still finding their jobs.So how can you ensure that you are a … [Read more...]

Will Digital Currencies Like Bitcoin Force a Secondary Currency Exchange?

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Bitcoin-coins

Content provided by Dave Hellowell, on behalf of 4x Currency, specialists in foreign exchange and international money transfers.Although Bitcoin has suffered a major blow with the apparent closure of the Mt. Gox exchange, it seems that the alternative currency has not died any kind of final death just yet.Under plans now announced by Robocoin, a company based in the U.S., investors will actually be able to buy and sell bitcoins from a cash machine based in London.This means that transferring funds to or from a virtual wallet, with the use of a smartphone which is scanned by the machine, means that people will be able buy or sell money by transferring cash through the machine.If physical technology is being deployed to serve … [Read more...]

Miles Credit Card Offers: Now Reap the Rewards When You Fly!

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If you travel frequently for business or pleasure, consider taking advantage of the several miles credit card offers that are out there for the taking.  Airlines, in partnership with a bank, offer these cards so that customers can earn rewards points as they make purchases with the card.These reward points can be spent on airline tickets, hotel stays, car rentals and more. Do airline miles credit card offers sound interesting to you? Here are some that may be a good match for the lifestyle you lead. They all offer reasonable APRs and annual fees while giving you the perks that make frequent travel a joy rather than a chore.  Delta SkyMiles: Delta has partnerships with American Express in order to provide its members with … [Read more...]

So Long AAA! Lowering the Cost of Car Insurance in My House

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Wooden Car Model

What do you say to the car insurance company you’ve had for the past 10 years when they won’t budge on their rates?Don’t let the door hit your butt on the way out!That’s exactly what I forced to say recently to my insurance provider, AAA, when they refused to negotiate down on the cost of car insurance for our household.  Even though we gave them the chance to hold our business, we ultimately had to come to the decision to shop around only to discover that there were far better rates for basically the same amount of coverage.Here’s what happened.  Reducing the Cost of Car Insurance: Frequently in the MMD household, we like to choose one bill from our expenses and pick on it.When the mortgage bill seemed too high, … [Read more...]

Getting Fit on a Budget and Becoming Healthy for Less

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The Beach At Dawn In Thailand

The following contribution is from a reader of My Money Design.  If you’d like to write for us, please feel free to contact me.Staying fit and healthy is important for our long-term health as well as for out short-term happiness and looks.But getting in shape is something that can sometimes seem like an expensive business!  Gym memberships, exercise classes, personal trainers… there is a reason health and fitness is a booming industry and there is certainly a lot of profit to be made from unfit people looking to get fitter.If however you want to become a fitter, healthier version of you without spending a small fortune every month to do so, there are plenty of options that you can choose for getting fit on a budget which don’t … [Read more...]