Is everyone ready for for a happy Easter weekend? I’m thankful for the short work week, but we’re going to need every minute of it. There’s going to be all kinds of driving around and visiting with family. Easter is particularly tough this year because it is so close to our kids’ birthdays and they already got so much stuff already. But here it comes anyways, so bring on the candy!
Archive for March 30, 2013
A brief introduction for those who don’t know me: My name is Matthew Allen and I blog over at Dumb Passive Income about all the things I’ve been doing to try to create online passive income. Creating sites and systems that will earn money passively has become an absolute obsession of mine. Admittedly, there is nothing passive about the amount of time I have spent and continue to spend to build up these sources of income. But, I am finally beginning to reap some of the rewards for all of my hard work. The coolest thing about building sites or systems to earn money passively is that once the work is done – you can just let it sit and earn while you work on something else. I’ve experimented with several different strategies, trying to find which works best for me. This is how I got to where I am today…
Why do we struggle when it comes to handling our money? Some of us live check to check and barely save nothing. Others of us do okay. But then we never take full advantage of what’s out there to make the best financial choices. What is it about our methods that make us so deficient at knowing how to manage money better?
Ironically, the answer you’re looking for might just be behind those large retail giants where we spend the most amount of money each month. While some people may scuff at the likes of Walmart or Apple with their anti-consumerism attitudes, I ask you to take a second look. Beyond the products they sell to us, what is about them that would cause us to stop and focus on them?
It’s been only 3 months now since I really started to crank things into high gear and focus on developing my new niche website. For anyone who wants some background, you can read about my development in Part 1 and Part 2. My goal is to figure out what works and create a portfolio of money earning sites that will contribute to my passive income initiative.
If you’ve been following along (and I appreciate the interest), here is an update on how things are going:
This post was a great suggestion from Alexa over at Single Moms Income. If you have a topic you’d like me to write about on My Money Design, please feel free to comment or send me an email.
Read any article about money and what will it tell you? Start an IRA! You know the benefits. You know it’s good for your finances. But what if you don’t have a lot of money to put in one? Where can you find the best IRA provider without having to open an account with thousands of dollars?
Never fear! You’ve got options. In this age of online accounts and competition, more and more IRA providers are willing to accept less money to get started. This just translates into more opportunities and options for you to choose from.