Search Results for: three-alternatives-to-a-budget/subscribe-by-email/budget-lesson-part-2/slow-carb-diet-how-to-avoid-going-bat-crazy/ignore-your-budget/living-the-xbox-life-on-an-atari-income/quit-smoking-my-first-frugal-move-ever/financial-pet-peeve-fees-to-receive-paper-bank-statements/how-to-complain-the-squeaky-wheel-gets-the-grease

Make Extra Money: A Niche Site Walkthrough

Make Extra Money Part 1: Introduction

Right now, I have 7 sites promoting specific products, or “niche” sites.  When those products are bought through my sites, I get a commission, ranging from 40-75%.  Of those sites, 5 make money, 1 is newly finished, and 1 is not quite complete.   I’m not going to pretend I’m making retirement-level money on these sites, but I am making enough money to make it worthwhile.

Make Extra Money Part 2: Niche Selection

These three topics have been making people rich since the invention of rich.   Knowing that isn’t enough. If you want to make some money in the health niche, are you going to help people lose weight, add muscle, relieve stress, or reduce the symptoms of some unpleasant medical condition?   Those are called “sub-niches”.

Making Extra Money Part 3: Product Selection

My niches site are all product-promotion sites.  I pick a product–generally an e-book or video course–and set up a site dedicated to it. Naturally, picking a good product is an important part of the equation.

Make Extra Money Part 4: Keyword Research

If you aren’t targeting search terms that people use, you are wasting your time.  If you are targeting terms that everybody else is targeting, it will take forever to get to the top of the search results.  Spend the extra time now to do proper keyword research.   It will save you a ton of time and hassle later.  This is time well-spent.

Make Extra Money, Part 5: Domains and Hosting 

In this installment, I show you how to pick a domain name and a website host.

Make Extra Money, Part 6: Setting Up a Site

A niche site doesn’t amount to much without, well, a site.   In this installment, I show you how I configure a site, from start to finish.

Make Extra Money, Part 6.5: Why I Do It The Way I Do It

Several people have asked me to explain why I use the plugins and settings I use.  This explains the “Why” behind Part 6.

More to come….

 

 

 

 

The Happy Challenge

Watch this video.


Done?

Great.

For the cheaters, the part I am most interested in is the bit about reprogramming your brain for happiness.   Studies are showing that you can rewire yourself to be happier by doing happy things.

The science is sound.  Good things trigger a dopamine reaction.  Your body likes dopamine, so you start craving the things that make it happen, which all happen to be good things.  As you suffer dopamine withdrawal, you become driven to do what it takes to get your fix.

The process is similar to heroin withdrawal, with no downside.

Hugging your kids(assuming you like them) triggers the reaction.  So does sex, successes at work, and beating a video game.

The specific plan mentioned in the video is to write down three things that you are grateful for, once per day, for 21 days in a row.  That will begin the self-reinforcing training that can get you hooked on being happy.

That’s a win. 75% of job success is predicted by your attitude.  You are 31% more productive when you are happy.  You’re also more fun to be around.

That’s a win.

Here’s my challenge:

For the next 21 days, do it.  Write down 3 thing you are grateful for.  What makes you happy?  It’s okay if it’s hard.  If it’s hard for you, you need it more than most.

Now, the truly hard part:

Fill out this form every day.  Your answers can be as long or as short as you’d like, but there has to be 3 new things every day for 21 days.  We’re going to train your brain to look for the positive, so you can’t give me 63 things on day 21.  3 things, 21 days.

On day 22, tell me how the previous 3 weeks have been.

When it’s over, I’ll hold a drawing for everyone who completed the challenge.   Not everyone will see this immediately, so I’m going to run the challenge until May 15.    That means you have until April 24th to get started.

3 answers per day means three prizes.  I’ll give away a total of $250 to three lucky participants.   That’s a $125 prize, a $75 prize, and a $50 prize, but you have to obey the rules.  3 things, 21 days in a row.

Be happy.  I dare you.

Net Worth Update

Now that my taxes are done and paid for, I thought it would be nice to update my net worth.

In January, I had:

Assets

  • House: $252,900
  • Cars: $20,789
  • Checking accounts: $3,220
  • Savings accounts$6,254
  • CDs: $1,105
  • IRAs: $12,001
  • Investment Accounts: $1,155
  • Total: $297,424

Liabilities

  • Mortgage: $29,982
  • Credit card: $18,725
  • Total: $48,707

Overall: $249,717.00

Here is my current status:

Assets

  • House: $240,100 (-12,800)  Estimated market value according to the county tax assessor.   This will be going down in a few months when the estimates are finalized for the year.  I don’t care much about this number.  We’re not moving any time soon, so the lower the value, the lower the tax assessment.
  • Cars: $15,857 (-4,932)   Kelly Blue Book suggested retail value for both of our vehicles and my motorcycle.
  • Checking accounts: $4,817 (+1,597)   I have accounts spread across three banks.  I don’t keep much operating cash here, so this fluctuates based on how far away my next paycheck is.
  • Savings accounts: $6,418 (+164)   I have savings accounts spread across a few banks.  This does not include my kids’ accounts, even though they are in my name.  This includes every savings goal I have at the moment.  I swept a chunk of this into an IRA to lower my tax bill, which is also why my IRA balance is up as much as it is.
  • CDs: $1,107 (+2)   I consider this a part of my emergency fund.
  • IRAs: $16,398 (+4,397)  I have finally started to contribute automatically.  It’s only $200 at the moment, but it’s something.
  • Investment Accounts:  $308 (-847)  I pulled most of this out and threw it at a credit card.
  • Total: $285,005 (-12,419)

Liabilities

  • Mortgage: $28,162 (-1,820)
  • Credit card: $16,038  (-2,687)  This is the current target of my debt snowball.  This has actually grown a bit over the last week.  I did a balance transfer that cost $400, but it gives me 0% for a year, versus the 9% I was paying.  That will pay for itself in 3 months, while simplifying my payments a bit and saving me almost a thousand dollars in payments this year.
  • Total: $44,200 (-4,507)

Overall: $240,805 (-8,912)

Well, I lost some net worth over the last quarter, but it’s still a good report.  If I disregard the change in value of my house and cars–two thing I have no control over–my overall total would have gone up almost $9,000.

All in all, it’s been a good year for me, so far, though paying off that credit card by fall is going to be a challenge.

Enhanced by Zemanta

Cut Your Business Costs with Eco-Friendly Energy

This is a guest post.

Improving your carbon footprint can fall low on the list of professional priorities for many business owners. Yet, as we all become increasingly aware of the implications of ecological practices, opting to go green is an appropriate business decision.

As suppliers and business to business contractors tailor their products in favour of conservational customs, it is likely that adopting eco-friendly operations within your company will benefit both your books as well as the environment.

By making small, uncomplicated steps, government research proposes that, together, UK businesses could save in the region of £23 billion per annum. This proposed figure suggests that snubbing sustainable efforts is at an economic cost to owners individually, in addition to any ecological expense.

As the importance of your carbon footprint is established, deciding which areas within your company can be conveniently ecologically enhanced is a simple way to get started.

Speak With Your Energy Provider

Many energy providers now offer guidance to their customers surrounding any eco-friendly improvements that could be made.

Business electricity from British Gas comes complete with free energy efficiency advice to help ‘cut down your energy consumption and reduce your electricity bill’. The advantages of this initial consultation are augmented by the ongoing provisions incorporated in all business electricity from British Gas packages.

Select a supplier who is willing to help you and your business reduce the impact of your Climate Change Levy (CCL) and is eager to invest in renewable energy resources.

Say ‘Goodbye’ to Guesstimates

According to research completed by British Gas in 2011 ‘companies typically spend as much as 46 per cent of their energy usage outside of business hours’.

Although it is relatively easy to predict the periods when your business’ energy usage is at its greatest, monitoring your actual consumption may highlight any unexpected wastage.

A facility such as Business Energy Insight™ – available with business electricity from British Gas – does exactly what it says on the tin, giving consumers an awareness of their confirmed energy consumption.

Combined with accurate meter readings from Smart Metering or similar, energy insights eliminate any estimation and uncertainty. Through this perceptiveness, business consumers are able to monitor, measure and model their energy utilisation, saving money and resources.

Don’t Go It Alone

Being unsure of how to go green is one of the reasons many businesses choose to linger with standard systems. As well as expert assistance from energy advisory services, schemes are in place which can structure your steps into the world of energy efficiency.

The IEMA Acorn Scheme presents a progressive profile of six stages for business owners to accomplish. These stages ensure that legal requirements are covered and can be completed over a phased period to fit with other business demands.

On completion of the scheme, an IEMA Acorn Certificate is attained to confirm your businesses compliance with British Standard (BS) 8555. Your details are also entered onto the IEMA Acorn Register.

Organically Positive PR

Every organisation needs their Unique Selling Points. Though your services, products or facilities may speak for themselves, going green is the current way to enrich your business.

Clients and customers want to buy from those they trust and often those who follow an ethical ethos. Choosing to ‘go green’ and consistently demonstrating and delivering ecological practises will verify the concerned culture of your company.

While investing your time into employing eco-friendly systems may not reap instant rewards, the positive connotations surrounding conservation will always ensure that you are ahead of the game when in competition with a company that doesn’t deliver on these principles.

Whether you choose to be officially certified via IEMA Acorn or you simply state your environmental policies on your website and company literature, being ecologically aware can cause an upturn in capital as well as cutting resource costs.

Taking Things Further

When you are hoping to tackle more than the basics and want to do more to aid our environment, there is a myriad of informational services willing to help.

Making this move doesn’t have to cost the earth, business grants are available to help you render these affirmative changes. Check online at www.grantsgreenmachine.com for any that may be applicable for your industry.

Locally, councils may be able to offer either erudition or funds specifically appropriate to your project within your region.

Conservation doesn’t have to be costly; check your books and you may find that going green could profit both your environment and your enterprise.

 

Enhanced by Zemanta

Transparency

A friend–let’s call him me–recently had a bit of a hangup with a business relationship.

On a long-term project, there were some unavoidable setbacks.   My friend decided to work through them, hoping to get everything back up to speed…before the customer noticed.

It’s a funny thing, but customers like to look at status reports on long-term projects.   A couple of months after the biggest problem, the customer called my friend wanting an in-person status update.   They told him to be prepared for an uncomfortable conversation.

Crap.

Now, the setbacks were truly unavoidable.   Things came up that were entirely outside the realm of my friend’s control, but he had to deal with them anyway.    When the problems were laid out in front of the customer, it went from uncomfortable to a discussion on how to expand the business relationship.

Transparency for the win.

Bad things happen.  Anybody who doubts this is clearly not equipped to deal in the adult (that’s adult in the “grown-up” sense, not adult in the “porn” sense) world.  Companies know that bad things can happen to derail a project.  They are going to be more interested in how you get the project back on track than anything else.

When things go wrong, be open about it.   Your customers/family/friends/one-night-stands will appreciate not having to wonder what’s going on.

 

Enhanced by Zemanta