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My Money Design

Designing Financial Freedom

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MMD

What To Do When You Retire Early – Here Are My Plans

May 26, 2014 by MMD 30 Comments
Some of the links included in this article are from our advertisers. Please read our Disclosure for more info.

Answer me honestly: If you never went to work again, what would you do with the rest of your life? It’s a simple question.  But one where the answer is probably more complex than you realize. You see recently I’ve been giving the matter of what to do when you retire early some serious thought. I don’t there’s anyone out there who hasn’t fantasized about the day when they finally have enough money to call it “quits” at work and do whatever it is they want from that point forward. Designing your financial freedom.  It’s what this blog is all about. But recently I’ve been asking myself what happens AFTER you get there?  What is it that is truly so wonderful and waiting for me on the other side of the early retirement gates?  Can … [Read more...] about What To Do When You Retire Early – Here Are My Plans

How Content Improvement Is Better For Ranking Than Basic SEO – A Case Study

May 19, 2014 by MMD 33 Comments
Some of the links included in this article are from our advertisers. Please read our Disclosure for more info.

One of my hopes and dreams as a blogger is that every single post I write will be some dynamite piece of content that makes it to the top of the search engines over time and lends itself to thousands of dollars of income for me. MMD – Keep dreaming! If you’d like a swift reality check, take what you believe to be your 5 best posts and see where they rank in Google search engine results for the keyword you were targeting.  (You can do this in Long Tail Pro or simply browse through your Google Webmaster Tools account).  You might get a pretty rude awakening! That’s exactly what I did recently when I was trying to improve the readership of my blog. One post I was particularly proud of was this one here.  It was a post I published … [Read more...] about How Content Improvement Is Better For Ranking Than Basic SEO – A Case Study

Niche Website Update 17 – How I Went From Spot 500 to 14 in the Google Search Ranks!

May 5, 2014 by MMD 22 Comments
Some of the links included in this article are from our advertisers. Please read our Disclosure for more info.

One of the most frustrating things about starting a new niche website or building up the one you have now is getting little-to-no traffic! Taking it a step further, “little-to-traffic” can be EXTRA frustrating if the whole point of that website you’re working so hard on is intended to be one of your “money sites”.  In other words, you were counting on it to earn a few hundred or even a few thousand dollars each month.  But obviously that isn’t happening. For any money site, it’s a numbers game.  The higher the targeted traffic, the more likely you are to get more clicks on products you’re promoting and the more conversions (or sales) it will lead to. Little-to-traffic is a killer.  It equals zero conversions.  No money for … [Read more...] about Niche Website Update 17 – How I Went From Spot 500 to 14 in the Google Search Ranks!

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

April 21, 2014 by MMD 25 Comments
Some of the links included in this article are from our advertisers. Please read our Disclosure for more info.

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

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

April 14, 2014 by MMD 11 Comments
Some of the links included in this article are from our advertisers. Please read our Disclosure for more info.

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

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

April 7, 2014 by MMD 12 Comments
Some of the links included in this article are from our advertisers. Please read our Disclosure for more info.

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

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

March 31, 2014 by MMD 31 Comments
Some of the links included in this article are from our advertisers. Please read our Disclosure for more info.

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

How Should I Set Up My Financial Plan?

March 29, 2014 by MMD 2 Comments
Some of the links included in this article are from our advertisers. Please read our Disclosure for more info.

How much thought have you ever given to your financial plan? Throughout my career, if there's one thing I've learned about successful businesses, its that they have a solid financial plan at the core. When it comes to our own personal finances, we could all benefit by doing exactly the same. This is why I strongly recommend that every house sets up their own financial plan for success. But how do you do this? What are the "correct" numbers to strive for? And what goals should you even be working towards? In this post, we'll seek to answer these questions and give you a sample financial plan that will kick your budget into shape!   Your Personalized Sample Financial Plan: Over time we’ve collected a number of … [Read more...] about How Should I Set Up My Financial Plan?

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