Category / Financial Freedom

Financial Freedom

Have A Fall Back Plan Before You Leap

fallbackplanLiving Your Passion isn’t the easiest thing in the world but it is possible, especially since a college drop out like me is doing it. So I know you can.

But before you throw caution to the wind and quit your day job, be sure to have a little pillow to live on.

By little pillow, I mean some savings or, God forbid , a back up job.

I know I’ve said that a “Real Job” is no place to live your life, but either is out on the street.

So there’s nothing wrong with having a back up plan, especially if it will help you decide to start Doing What You Want.

So make sure that you are stashing away what you can. The more you stash, the faster you can Live Your Passion.

But don’t get hung up on the amount that you should have because that will just hold you back and keep you from taking the leap.

Think of a number right now that you would be comfortable with in savings as a fall back. Don’t ever change that number unless you add a new member to your family.

If you change it, then you’re just scared.

Don’t be!

You made that first number because that’s your comfort number. The closer you get to it the more you might get scared and start doubting yourself.

Stop!

The time is here and now. You’ve made it this far to save up enough to take the leap.

Take it!

And don’t ever look back.

You’re free and time is now on your side.

So start stashing money into your freedom fund and don’t stop until it’s time to jump.

Be proud of your self.

While you’re saving, start Living Your Passion on the side to make sure you found one of your passions.

Having a fall back plan will make you more confident that you can take the leap and won’t have to worry about having to go back to The Man.

Help others prepare to take the leap but Tweeting and Facebook sharing this post!

 

Financial Freedom

2 Lessons I Learned About Car Insurance

I recently had a learning experience with car insurance. Sometimes there are things in life that we just don’t think about because they aren’t significant. This is one of those times when it was in fact significant.

Check Your Zip Code

I recently moved to a new zip code and had to update my car insurance. Apparently the zip code can make a big difference in the amount you have to pay. How significant. My 6th month premium went up $1000. That was a big shocker and was a little scary since I have a wedding coming up and that wasn’t exactly in any budget. So the lesson is, when moving, be sure to get a quote with your new location so you can budget for any changes.

Ask Around

With that sticker shock I decided to shop around a little bit and they all pretty much had the same pricing. So I was just about to bite the bullet and continue with the same company. That’s when my fiancé came home and said she mentioned our little problem to a few co-workers and one of them mentioned to try the company they have their car insurance with. I thought I did get a quote from them but tried it nonetheless and low and behold it was $700 cheaper than what my current insurance company had quoted me. The lesson is to ask around to see other peoples experiences and shop around more than you think is enough.

So now I have more money in my pocket and a wedding on budget. What could be better? Now I need to start looking into life insurance.

Financial Freedom

A Guide to Making Money with no Real Effort Involved

We all want a bit more money in our lives, but most of us feel like we don’t have the spare time available to make it. Luckily, I have some money making ideas that involve no effort to share with you.

More Money

Image Source

Be a Mystery Shopper

For market research purposes, businesses pay a lot of people to visit shops and buy products. This allows businesses to find out what their competitors are up to, what their customer service skills are like and where their weaknesses lie. This process is called mystery shopping, and you can become a mystery shopper.

This is great because you’re being paid to buy products and any money you spend will also be covered by the company that hired you. All you have to do is sign up online, and a business will be in contact with you to discuss the possibility of you becoming a mystery shopper for them.

Advertise

You’ve probably seen cars driving down the street with a big advertisement down the side. You might have thought that they look pretty stupid. But, as stupid as it might appear to you, that person will be getting paid a lot of money from a company to have that advert on the side of their car.

So, they’re getting money for doing absolutely nothing. This is something you should be doing too. Who cares how your car looks from the outside if it’s bringing you in a heap of extra cash each month! You’ll be surprised at the amount of money businesses will pay for this kind of advertising.

Invest Wisely

If you invest in the places, you can usually just sit back and watch the money roll in. You do have to know where to invest and make changes here and there though. But, considering the amount of money you could potentially bring in, the effort involved is actually relatively small by comparison.

If you want to make money, you should invest in businesses that are on the rise. Yelp stocks or stocks in digital businesses are very popular at the moment as they’re seen as being on the up. Wherever you invest, you should find out as much about the business as you can beforehand.

Start a Blog

If you have a hobby or something you love, you should start to write about it in your spare time. You might even be able to make some money out of it. And if you love the subject about which you’re writing, it won’t feel like you’re even putting in any effort either. Blogging should be a pleasure and something you enjoy.

Once the blog is up and running, you can start to build up a consistent readership and prove to potential advertisers that you have something to offer to them. The more people that read your blog, the more money you’ll be able to demand in the way of advertising money.

These ideas will all allow you to make some extra money without having to put in much effort at all. What’s not to like about that?

Financial Freedom

Do What You Want

How awesome would it be if you could do what you want every day? How amazing would it be to make money doing what you love?

You wouldn’t have to:

  • Leave your family everyday
  • Drive to work
  • Stay up late being stressed about life

So what’s stopping you?

Nothing!

That life can be yours and I’m going to show you how.

To help you get there I created the Do What You Want eCourse. It’s a free 12 day course about figuring out what you want to do and turning that into a money making venture.

I’m going to show you from start to finish how I make money on the internet doing what I love and how you can do it too.

I know you’re probably thinking you can’t….well you can and I’m going to show you that it’s not as hard as you think.

Don’t say you don’t have enough money because I’ll show you how to start doing what you want with very little.

This eCourse is free so all you have to lose is….NOTHING!

Do it and kiss your old life gone.

It’s time to Do What You Want!

 

Financial Freedom

The Easiest Way To Do Taxes With Online Income

accounting

I went over this same product awhile ago when I talked about how I used it for my personal budget. At that point I was using it for the wrong purpose, this time I’m going to talk about how to use it for you online business.

Outright.com is the best, easiest, and most automated online accounting program I’ve ever used. It will automatically categorize your expenses based on where the purchase was made. It also gives you the chance to re-categorize either just that one expense or all of the expenses that match. And of course you can create your own categories.

It’s so easy to get everything organized.

When you first login to look over your expenditures it shows you a graph of the last 3 months expenditures and if you’re in the red or not. I love that, I can tell if I’m spending too much as soon as I get there.

On the left side it has 3 spots, 1 for your accounts, 1 for the money you need to collect, and 1 for the money you owe. It’s really a great overview of your business and it’s all on the first page.

Honestly, the best part about the whole program is that it automatically does the calculations for how much your quarterly taxes are, as well as yearly. Sweet! It even breaks down all of your expenses to make filing taxes a breeze.

It’s so simple and has a very clean interface. I highly recommend it for anyone with an online business that wants to make figuring out your taxes so much easier.

It used to be free but they just recently switched over to a monthly payment. Luckily I’m grandfathered in so I don’t have to start paying until next year (It’s good to be a grandfather :) ).

Anyways, it’s still well worth the $9.95 a month and I will pay that as soon as it’s my time.

They even offer a free 30 day trial so that you can see what it’s all about.

I couldn’t recommend it any more highly. It’s such a great product and I’d probably pay $25 a month for it, so it’s a steal.

Try Outright for Free

Ps I do get a couple of bucks for you signing up but I’d recommend it either way. This is just a plus :)

Have you used Outright before? What did you think of it?

What program do you use to keep track of your accounting?