Why You’re Not Making Any Website Income and The One Thing You’re Not Doing About It

Chasing money ideas

Stop me when this sounds familiar …You read about all the money everyone else is making on their websites. You get all excited because it sounds like a great and extremely easy wealth generation strategy. You convince yourself that you could make that same amount of website income too. You slap some ads up.  Nothing happens. You write some bigger, longer articles.  Your traffic is basically the same. You start a second blog or website.  No one visits it.Depressing.  Isn’t it?You’re trying so very hard to make some extra money for yourself.  And you know that your website and posts are just as good as everyone else’s.  But for some reason you can’t seem to make more than a few bucks a month at what you’re doing.So … [Read more...]

Can the Experts Really Help Us Find Good Stocks to Invest In? Let’s See for Ourselves

Financial Pie Chart

One of the most thrilling and scary things you can do with your money is to buy individual stocks.I like to hold a small portion of my investments in individual stocks because I have found it to be a very useful component to my overall plan for financial freedom (my money design as I call it).Plus I’ve been investing for a long time so I have a pretty good idea of what to do.Unlike when you own a mutual fund, you lose the safety and security of owning 100’s of stocks at one time when you buy pick and buy stocks one a time.  (Of course the experts have also said that you really only need 10-12 stocks to be adequately diversified).But then there’s a pretty lucrative up-side to stock investing: Your winners could be unbound!  … [Read more...]

Niche Website Update 16 – NS4 is Growing – Plus My Passive Income Report

Ideas to Make Money

Welcome to the March edition of my niche website update. Every month we review the progress of my growing website collection and how they are performing financially.Building these websites and making money from my blogs is a very important part of enhancing my personal finance goals.  This ongoing side hustle is just one of the ways I create passive income streams in addition to my normal working income and becoming financially independent.March was a busy month for us.  We worked really hard to build up my latest (fourth) niche site NS4.  NS4 is a music niche website that will use Amazon as its primary source for monetization.We also did a little maintenance on the old websites and had a few welcomed surprises.Here’s … [Read more...]

Why Is It Important to Save Money Instead of Enjoying It All Now?

Coins Entering Piggybank Shows American Revenues

The life of a child is so simple relative to that of an adult.I realize this over and over again whenever I go out to the store with my; especially my 8-year-old son.  He has a severe problem where the second he gets a dollar, he has to spend it!  It doesn’t really matter on what.  He just has to spend it.“Do you really need it?” I’ll ask him.  “I thought you were saving your money for the bigger one?”He might try to argue.  He may even try to justify making this purchase.  But as his parents we still challenge him because we know that it will be a very important lesson to understand why it’s important to save money for the things we really want later in life.  … [Read more...]

A Sample Financial Plan – How Should You Budget Your Money?

Business Data Analyzing by adamr

It’s occurred to me on several occasions that not everyone reads money magazines or CNN Money as much as I do.  For some people knowing where to start is practically half the battle when it comes to getting a grip on your finances.What they need or would love to see is a sample financial plan that just gives them the hard numbers!  They need something that could use as an example for how you should be saving and spending your money.  That’s exactly what I wanted to do in this post.For one second, let’s put aside the whole, touchy-feely, fluffy notion that every plan is unique.  It is (don’t get me wrong)!  But there are some general figures that you could go by that may not be so bad.If anything, consider them a good starting … [Read more...]

The Ultimate Guide to How to Have a Tax Free Retirement

protect money

How incredible would it be to have a completely tax free retirement?I’m serious.  You would owe no taxes.No, you won’t have to live in poverty.  In fact if you’ve got enough savings you could withdraw over $100,000 and still not owe the government any money.Is that even possible?  Of course it is.  Lots of wealthy Americans take advantage of tax loop holes every day to pay a lower tax rate than their peers.  There’s even a famous statement from Warren Buffett where he says that he is paying a lower tax rate than his secretary.Fortunately for you, we’re going to do a little better than that in this post.  We’re going to see if we can’t find a way to pay NO taxes at all!All we’ll need is to be creative with how we plan to … [Read more...]

How Do You Really Want to Make Money With a Blog?

ID-10052188

Why do you write for your blog?You might say that you’re doing it all for fun.  You might say that you just like to write or that you’re helping people.  But you can be honest … you were probably hoping to make money with a blog, right?Perhaps you were only hoping for a few bucks.  Perhaps you were hoping for a whole LOT more (like how Pat Flynn made over $58,000 last month)!But no matter what your goal is (or will be), I think we can all agree that we were hoping to at least make some amount of money with our blogs.And so how will we do that?  By writing awesome stuff and earning more traffic of course!Or is it? ….  Do You Want to Just Blog or Make Money With a Blog? So you write amazing posts …So your … [Read more...]

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

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...]