Category Archives

Archive of posts published in the category: money
Feb
19

Want to Make Money Quickly Even If You Are Unemployed?

Is it true? Is it really possible to make money even when you are unemployed?

The quick answer is – Yes!

Being unemployed can be very problematic simply because of loss of an income source. The worst possible scenario in such a situation is to have to support family members. So how can you make money even when you are unemployed? Simple: Start making money online with your own online business!

High Income Potential, Low Cost Startup

The internet is filled with endless possibilities and options for you to choose from and it's very likely that there is something to suit you. Unlike a traditional business, starting an online business only requires you to have a web site and some products or services to sell – and you are good to go! Your market is the whole internet and not just limited to the local area (of course, you can also create a website specifically for local business). It is so easy and cheap to create your own website. Or you can simply hire someone to do the setting up for you – everything can be done for as little as $ 50.

Something Enjoyable

Very likely, you have a hobby and interest in a certain subject. Starting your own online business lets you choose exactly what your business is going to be. Make sure that you can find a way to match your interests with a profitable market so that you can really create something which you enjoy.

The Problem You Will Face

Trying to start a business on your own means that you need to learn how to do it – how to start, where to start, etc. To significantly increase your chances of success, you need to apply proven, time-tested and solid marketing plans. …

Feb
17

Earn Money Online Ideas

There are many effective ways to earn money online. This is a great business to start since it can be very rewarding and often requires a modest investment. Depending on your effort and interest, you can earn as much as desired. Here are some suggestions to consider.

In order to earn money online you'd want to focus on a business which can be managed through the Internet and a computer. Ideally it would also be a business which has strong demand yet still has minimal competition.

One business to consider is helping other businesses improve their relationships with their customers, employees, and suppliers. Building strong relationships is a vital part of keeping a business strong yet many companies simply do not have enough time or expertise to do it properly.

This is where the opportunity for you lies. You can work with companies to establish effective relationship building activities by arranging to send out personalized cards and notes for them.

You would work with companies to obtain lists of customers, employees, and suppliers along with key information on them like hobbies and important events. You can then arrange to send out personalized cards, notes, or even gifts to mark these important events and show them how important their business or support is to the company.

This type of business is definitely something you can do online. You can contact prospective clients through Internet searches and online promotional activities. Identifying and promoting your capabilities to a broad potential audience can also be done through effective social media marketing activities.

It is helpful to create a buzz about your work and encourage others to pass the information along to their group of contacts. This greatly increases the reach and effectiveness of your promotional efforts.

In general practice, you would use the database you have created with the company to send out personalized cards and notes to key customers, etc. in order to build their support and trust.

Everyone likes to receive information which tells them how important they are and how much their contributions or support is recognized and appreciated. Not only does this help to improve customer relationships and build stronger sales but it also very much helps to improve employee motivation and effectiveness on the job.

You can perform much of the work required online especially as it relates to promotional and individual business activities. In many cases you can also receive payment for your services quickly and effectively through online mechanisms like PayPal.

All in all this type of business is an excellent way to earn money online and should there be seriously considered. …

Feb
17

Make Money by Selling Your Products Online

If you sell products already off-line or you want to start from scratch and sell products online. There's a few easy ways of going about this that will not cost you much time or money. One of the most important things you always are going to have to do is advertise. It does not matter if you're sitting in a crowded room with 10,000 people. If you do not advertise and tell them what you're selling, chances are no one going to buy anything off of you let alone ask questions are being interested.

A lot of people think that just because everyone knows or should know what a toaster is that this means you do not have to advertise it. This is not true at all. If anything your going to have advertise it and talk about it more because almost everyone knows what one is or owns one. What's so special about yours? On the other hand if you're selling a mini mudgamagmental maker your also going to have to work hard to advertise it because no one knows what a mini mudgamagmental maker is!

Make sure you build an empire so to speak. Sell ​​something that will actually sell. Make a website. Make it interesting. You can sell products from your website, or try selling it on sites such as eBay or Amazon. You can easily sell your products on these sites for certain amount of money and spend a few bucks for ads plus fees. If you spend even $ 100 advertising that product once a month and you make $ 10,000 by doing so, then that hundred dollars will feel like chump change. It will not even matter. So take that into consideration as well, your advertising fees and your profit. On the other hand if you're spending $ 100 and making zero dollars. Its not failure. Its trial and error. Do not give up! Instead tweak the ad or the price a little bit.

Check out the local market. See what everyone else is selling their product for, try an eBay research keyword tool to see what your competitor is using for keywords. Search on other sites and other companies to see how much your product is selling for, how much are they charging for shipping and halding, are they including pictures? Does their advertising shpeel sound so good, you want to buy the same product they are selling? These are the things your going to have to look into if you want to sell your product online and be successful at it. …

Feb
14

Either a Lender or a Borrower Be

Personally, I think Shakespeare had it wrong when he penned this advice in Hamlet: “Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry.” Perhaps he may be forgiven for his error, however, since Shakespeare suffered from a lack of the tremendous benefits of a truly self-directed IRA.

Money in self-directed IRAs can be loaned out to any person who is not a “disqualified person.” While this means that you cannot loan yourself or other related disqualified persons money from your self-directed IRA, you can loan the money to anyone else. Loans can be secured by real estate, mobile homes, equipment or anything you like. If you are really a trusting soul, you can even make a loan from your IRA unsecured (although in that case I personally would tend to support Shakespeare’s advice).

First, let’s look at it from the borrower’s perspective. At our office we offer a seminar entitled “Make Money Now With Self-Directed IRAs.” One of the ways you can make money for yourself right now with your knowledge of self-directed IRAs is by creating your own “private bank.” To do this, simply share the news that an IRA can be a private lender, refer people with IRA money to Entrust to open a self-directed IRA, and then borrow their IRA money for your own financing needs.

With private financing the loan terms can be whatever the borrower and the lender agree to within the legal limits. If you know a person who is getting 5% in a “safe” IRA at a bank, and you can offer them 9% secured by a first lien on real estate with only a 70% loan to value, would they be happy with that? Even with a higher interest rate, private financing can work for you. IRA loans can be done quickly and without a lot of fees or fuss, which may mean you can get a deal which might be lost if you had to wait on the bank. This is especially true in distressed sale situations, such as a pre-foreclosure purchase.

From a lending perspective, your IRA can grow at a nice rate while someone else does all the work. In a typical hard money loan, the borrower even pays all of Entrust’s modest fees as well as any legal fees for preparation of the loan documents. True, you won’t hit a home run with lending, unless you are fortunate enough to foreclose on the collateral. But the returns can be quite solid. For example, by making very conservative hard money loans my Mom’s IRA has grown by about 10.5% in one year. This is much better than the amount she was earning in her money market fund before she moved her IRA to an Entrust self-directed IRA.

Even small IRAs can combine with other self-directed accounts to make a hard money loan. My brother recently combined his Roth IRA, his traditional IRA, his wife’s Roth IRA, …

Feb
11

Life Insurance 101, An Explanation of Various Types of Life Insurance

TERM LIFE INSURANCE – Life insurance for a set number or years. You can choose from 5 to 30 year terms. No cash value, if you die during the term you collect the death benefit. The policy dies after the selected term has ended and you receive nothing unless you have a, return of premium rider or you convert the policy to some form of permanent insurance.

RETURN OF PREMIUM TERM INSURANCE (ROP) – A term insurance policy that returns all or a portion of premiums paid at the end of the term if the death benefit has not been paid.

SIMPLIFIED TERM INSURANCE – Term insurance which uses a simple application. Underwriting is done electronically. No underwriting requirements by the applicant unless red flags arise out of the electronic underwriting process. Policy is usually issued much quicker than regular term. There is a limit of death benefit for this type of policy ($350,000 or less) depending on the insurance carrier. This type of policy is generally more expensive because of additional risk by the insurance carrier. Less underwriting =more risk.

CRITICAL ILLNESS INSURANCE – Applied for as a stand-alone policy or as a rider to another life insurance policy. Pay immediate benefit for a covered illness even if death does not occur.

ACCIDENTAL DEATH INSURANCE – Pays benefit in event of a covered sudden accidental death. Applied for as a stand-alone policy or as a rider to another form of life insurance.

MORTGAGE PROTECTION INSURANCE OR DECREASING TERM INSURANCE – Term insurance that pays the balance of your mortgage should death occur. The amount of death benefit decreases to match the amount owed on mortgage. The insurance is set up to end at the same time your mortgage is set to end.

UNIVERSAL LIFE INSURANCE (non variable) – Flexible premiums. Can be a permanent insurance as long as premiums are paid and policy is funded properly. Investment policy in which risk lies with insurance company.

Has a minimum guaranteed interest rate which differs by company. This policy has the ability to gain contract value. The death benefit can be set to level (death benefit stays the same throughout) or increasing (death benefit increases as contract value rises). You may obtain loans or make withdraws but you must be careful, if the policy is not funded, it will collapse.

VARIABLE UNIVERSAL LIFE INSURANCE – Agent must have securities license to sell. Very similar to non-variable universal life. The difference is that the policy owner assumes investment risk. There is no guaranteed interest rate. Policy can collapse if investment does not do well and policy is not funded properly.

WHOLE LIFE INSURANCE – Simply put, you pay the premium and the policy will last your whole life. You usually have an option to borrow against the policy, amount depends on the value of the policy. This type of policy is usually much more expensive than the universal life policy.

GRADED BENEFITS WHOLE LIFE – Partial or no benefits paid until a …

Feb
9

Pet Insurance – What You Need to Know

It’s a common mistake thinking that pet insurance is a new thing. The first policy was actually written in the late 19th century. It’s important to point that out because as a potential buyer you need to know this industry has had its time to grow up and learn its own tricks and it’s your job to see through each of those.

Being able to tell which policies benefit the insurance companies and which benefit you is a daunting task. Writers are hired to cleverly word points to mask the downsides and the self interest that the company doesn’t want you to see.

To illustrate this point I’ll give you a few examples:

You decide to get insurance on your mischievous dog, you’re worried that his tendency to weasel his way out of your yard will cause him to get hit one day and you want to make sure you’ll have the money to help him through it. You get an insurance plan and one day when he does escape he nearly gets hit. Thankfully the driver swerves out of the way and misses your dog. Unfortunately he also hit a parked car and through your particular contract offers no liability insurance so now you will end up paying a fortune. Did you know your insurance should cover you for that?

For another example you buy a brand new puppy and decide that you’d better insure it right away. What you failed to realize is that neutering your puppy and vaccinating it were considered elective procedures and are not covered by your insurance plan. Now not only are you paying for insurance, but you’re also still paying for procedures that could have been covered had you even known about elective procedures.

Lastly did you know that if your pet has previously been through a certain procedure that if you do not have the right plan the insurance company can refuse your pet going through the same procedure again?

Don’t be fooled into thinking it will be simple because it is pet insurance. The fact of the matter is that you are buying insurance, and like every other kind of insurance you can buy it comes with it’s quirks and back-aches.

Finding the right plan can often be a difficult time depending on the needs of you and your pet, and to make matters worse finding the wrong plan for a few years then switching is more likely to make the cost go up with the age of the pet. Pet insurance can be tricky business!…

Feb
7

Getting Low Auto Insurance Rates – Cheap Car Insurance Policies

First of all, avoid being in an accident. Having a clean accident-free driving record is a big plus for negotiating lower rates from your auto insurance provider. That you are a good driver makes the risk level for the insurance agency to be relatively low thereby giving you more power to make certain demands especially on lower rate considerations.

Also having a clean driving record will make you top choice and a better client to the insurance companies around.

You should endeavor to understand some of the value added services that auto insurance companies provide. Most times, these services help you save both time and money. A good insurance company will certainly love to have smiling customers and one of the greatest means for achieving this is to increase service value while maintaining price points or even lowering the overall price.

You can save more if you have multiple policies running on the same account. For example you can have a life insurance policy, home renters insurance and your auto insurance policy all being active in the same account. This will typically prompt for a lower rate negotiation.

Insurance companies will cross check on some of your personal behaviors and habits. If you have a record of getting drunk on alcohol or excessive speeding with friends and over loading vehicles, then your record is that of a high risk for the insurance companies. Having a non-destructive record will certainly give you more points for lower rates. The first step for you to get your lower rates is to get free auto insurance quotes from trusted agents online.

Where To Start? …

Feb
6

Some Things Your Car Insurance Company Won’t Tell You

1. How to determine the value of “total loss.”

Most companies will tell you that they use at least three methods or schemes to determine the actual a totaled vehicle’s value including value books, computer-generated quotes from dealers, and local market research. In this case, you will probably think that local area is your current neighborhood, but it is not specifically defined by the insurer. If, in any case, the company cannot find an auto replacement in your neighborhood, so they have to find it not from your “local area,” your totaled car’s value is certainly affected. For example, if you currently live in New York, replacing your totaled vehicle in suburbs will be cheaper than in the city. Insurance company will, of course, use quotes from suburbs area as the most-reasonably-priced estimates. The main purpose in totaling a vehicle is to allow the consumer (the insured person) to purchase the same car that is totaled in an accident within the local market. Since they use three different schemes to figure out real value of a totaled car, a consumer may end up with a cheaper car than the totaled one. It is impossible to be sure what value you will get when your company does not tell you how they determine it.

Fortunately, you can do some smart methods to help yourself and your company to do the value determination. First, you have to produce valid proof that your car was in good conditions when the accident occurred; car in good condition has better value than a wreck. Bring a copy of maintenance records including oil changes and inspection by an authorized mechanic. The records will tell your company that your auto was regularly maintained, meaning it was actually in great shape (in terms of appearance and performance) when the accident occurred. Moreover, you probably had special features installed such as multimedia system, anti-theft system, anti-lock brakes, rear view camera, or 5-harness seat belt. The car insurance company may charge you more because of some special upgrades, so make sure that your insurer includes that in the evaluation.

Another good thing is to find at least three dealers and get quotes on replacement from them; make sure all dealers in your local area or at least within short driving distance from your home. Present the quotes to your insurer and ask your insurer to provide a list of some car dealers who probably can provide a car for the price listed in the quotes. If you are not satisfied with the company’s value determination or you get less than you expect, you can choose to do mediation. So, meaning you present the case to third party (neutral) to get help to settle the dispute, or arbitration, or you can even request a formal inquiry to the court.

2. If you want to cancel your policy, do it officially

Most companies say that consumers can cancel their policies at any date, but you need to notify the insurer concerning the …

Feb
6

Car Insurance – Lowest – 5 Ways to Save Money on Auto Insurance

So – you want to save on car insurance and wonder what the lowest prices around are? Check out the money saving tips below before signing on that dotted line.

Car Insurance Lowest: Shop Online

Selling insurance online provides savings that are passed on to customers by way of lower premiums. If you are comfortable with doing business online, this may be the way to go for you.

You should, at least, start your insurance shopping process on the internet. Use a website like Quote Wizard or 2Insure4Less to obtain aful of quotations from different companies. Now you have a basis for comparing coverage and prices.

Car Insurance Lowest: Find an Insurance Company that Caters to your Driving Record

To a great extent, auto insurance rates are set based on your driving record. So, you need to find an insurer that offers a good deal for your type of driving record. This is where comparison shopping comes in. Use one of the websites mentioned above. You'll need to complete an online form with info about you, your vehicle, you driving record, etc. You do that one time and 3-4 quotes will be emailed to you. You'll be surprised at how much prices will vary among companies. Those companies that are not particularly keen to insure drivers with your type of driving record will stick out like a sore thumb … their quotes will be higher.

Regardless if you're guilty of running a few red lights, or pressing too hard on that pedal or are even a "model" driver – the search should be on! Comparison shopping is the # 1 way to save money on your car insurance.

Car Insurance Lowest: Got a "Rough" Driving Record?

Check out companies specializing in high-risk insurance policies.

How do you find them? As mentioned above, use Quote Wizard. They will direct the appropriate insurance companies to you.

Car Insurance Lowest: Review your policy

I strongly encourage you to check rates by shopping around at least once a year to be sure your car insurance company is keeping up with market rates. You do not want to be the guy who stayed with one carrier for 15 years only to learn one day you have been paying twice what the market is charging.

Car Insurance Lowest: Have a Look at Your Deductible

The price difference between a policy with a tiny $ 100 deductible and a mega $ 2,000 will affect insurance premiums by as much as 25%. These are outside amounts-the most deductible is around $ 500.

Keep in mind that your deductible does not apply to liability cover. Meaning that if you are at fault in an accident and have adequate coverage, your policy will cover any damage you caused to other parties and their property. Your deductible is applicable only to repairs and replacement cost for your vehicle.

How much are you willing to pay out of your pocket for damages to or loss of your car? Set your deductible at …

Feb
4

The Top Four Ways To Make Money Online

It seems as though making money online is something everyone wants to do these days. It's understandable due to the huge amounts of money that can be made online and the fact that you get to work for yourself while doing it. But what can you do to make money online? Well, this article is going to reveal the top four online money making methods that I have found to date. These are not get rich quick schemes. They are proven online money making methods, and if you put sufficient effort into these avenues of money making online, you will find success.

So, here are the top four ways to make money online:

1) Marketing Information Products

This is the favorite of many and definitely one of the best ways to make a lot of money online. Creating and selling your own information product such as an ebook can make you a lot of money in a relatively short amount of time. Once you have created and started marketing your product, it can be sold over and over again for years. The best part is that you make 100% of the money from sales and your customers can download the ebook as soon as they buy it, so you do not have to worry about any inventory or shipping costs. I suggest every person who wants to make money online have at least one product being sold at all times.

2) Affiliate Marketing

Affiliate marketing allows you to start making money online without having to create any products or services of your own. Instead, you market other people's products and services. Affiliate marketing is great because it is so fast and easy to get going. You can actually be in business for yourself, marketing products as an affiliate in a matter of minutes. Now, actually getting sales and making money as an affiliate marketer may not be quite as easy but it's not exactly hard either.

Being an affiliate marketer can easily supplement any product or service you are already selling, so if you are not doing this you are literally leaving money on the table. Affiliate marketing can provide instant profits but you should take your time while choosing companies to promote because commission percentages range broadly. One company may only offer a 5% commission per sale, while another company may offer 75%. Usually the higher, the better.

3) Google AdSense

AdSense is a program that places relevant ads on your site and you are paid each time the ads are clicked by your visitors. The ads are created by Google AdWords advertisers and you get a percentage of the price they pay for the ad each time someone clicks on it. If you get a lot of traffic to your site you can make a lot of money with Adsense. I recommend doing some research on AdSense before you start using them because there are a lot of tactics you can use to drastically increase your profits.

4) …