• 6

    Sep

    About Millionaire Budget

    A Millionaire must have a budget before they reach wealth they have budget. Some millionaire who do not budget put 15% to investment and spend the balance of the income. To reach millionaire, we should make a budget too. Why the millionaire budget? 1. There are so much people who have million dollars. They spend money to unnecessary things such as, go cruise, get out eat everyday, vacation, and others. Finally, they must fill the bankrupt. It because they have no budget that control the spending. 2. You should know that 46% millionaire do not feel wealth. They worry that they will bankrupt. A millionaire is similar to other human. they also worry about the future. Therefore, they make budget. 3. Budget is the best way for financial goals Without budget, we are difficult to reach the
  • 3

    Sep

    Tips on how to financing small business

    It is not easy to finance a small business. We are hard to get capital because we just start the business. Bank or credit union may ignore a small business. However, we can find another source to finance small business. There are creative ways to financing small business. Here are : 1. Cash Float Henry Ford, the ford founder, was not a rich man. He begun Ford company with limited money. He could convince the supplier to supply his car company. He would pay the supplier after 30 days. 2. Silent Partners Perhaps you can persuade some people to invest at your business. You can promise them to share the profit with them but they cannot decide the company operation. That is why they called “silent partner”. 3. consulting work Try to connect with consulting work, perhaps you can
  • 27

    Aug

    Three basic Ways in Making Money

    To reach the wealth, people try to get money as much as possible. They do anything for that. Most people get money from this three basic ways although some people get money from inherit or other. Here are the three ways: Active income:Most people get money from the place where they works. They works begin 9 a.m to 5 pm. The employer pays the salary at the end of the month. Portfolio income: I think this is for middle up family only. Poor people cannot save money and manage portfolio. They spend the salary for daily necessity only. For rich people, they can manage some investment such as stock, mutual fund, ETF, precious metal and others. They can get the cash flow stream everyday. Passive Income: Without works, you get the money. It is called passive income. You can get passive income
  • 23

    Aug

    How to get cheap college textbook

    The textbook is the ultimate student weapon. Without textbook, we are difficult to study and get good grade. My lecture always encourage us to have book. In my country, we can copy the real book. Off course, you can do it in United States. You will be jailed soon. For US student, you can still get cheap text book. Freefrombroke.com tell you on how to do it: 1. Amazon.com and Barnes and Noble This is the place to get used book. You can browse the third party seller. You should be sure the seller will send the book to you. 2. You can browse to online used book company, such as, Bookbyte and eCampuss. 3.Rent the textbook online. It must be cheaper than buying. There are some places that you can try: Chegg, College book renter, Book renter, College book renter. 4. Notices in School Get know
  • 6

    Aug

    Trust : a cheaper choice in 401k

    To increase our wealth, we have to save some of our salary in retirement fund such as 401k. We have to invest money at there. Some people may invest mutual fund for their 401k. Mutual fund is good because some of them can give high return than CDs. Unfortunately, mutual fund often charge high commission that we have to pay it. Now, there is solution for cheaper investment. Trust is cheaper than mutual fund because it charge fewer transaction fee than mutual fund. Morningstar says trust fees average 0.54% of assets a year, compared with 0.73% for mutual funds. With “foreign large blend” investments, trust fees average 0.67% and mutual funds 1.03% (Notice: Trust is not always cheaper than mutual fund) Unfortunately, trust is different with mutual fund. There is no rule for t
  • 31

    Jul

    How to become a millionaire for a college grads

    Do you dream of become a millionaire? Perhaps you need money for house, car. leisure and else. Some blog or website may suggest you to invest that give you much money. Some people said that it is the best way to become millionaire. ON the other hand, a mint writer said that stock market was miserable for long time. Ibbotson report that the stock return during 1926 recession is high or 9.6%. But the stock rarely hit the average. I think we should consider to invest at stock. in 1920’s the stock return was 19.2% but the stock price rarely hit the average. We cannot get benefit much from investment in stock. We should calculate the investing risk too. For young people, they can set up emergency fund immediately. They will get benefit from it after retirement. Do not waste their mon
  • 27

    Jul

    How to Lend Money to your friend or family - cash money life

    As a social things, we have to help each other especially our family and friend. In East culture, the brotherhood is so strong. We are used to lend money to family or friend. Unfortunately, some of our family or friend misappropriate our kindness. They borrow our money and they do not payback it. Off course, It could be harm to our brotherhood. To lend money to your family or friend, you should be careful. Here are tips from cashmoneylife: 1. Consider the debt as a gift. I they can pay, it is OK. If, on the other hand, they cannot pay, you should not anger to them. Nothing to loose. 2.Frankly to talk about the term of debt. Is your friend and family accept the term. You can change the term if you do not like or you should not lend money if you are not genuine. 3.Make a contract. It hel
  • 15

    Jul

    How to survive unemploymet

    Some economics said that US unemployment is around 16.6%. It is the highest unemployment in United States history. Some people have been laid off from famous company. IT is not easy to find a jobs today. However, you should survive from unemployment. Here are some steps to survive: 1. Create a tight budget Buy only necessary things. Do not spend your money for watching cinema, leisure, eating out and more. You can use a budget software. 2. Network with new group Sometimes it is a best way to get jobs. Some network may inform you about a new job. 3. Stop credit card Do not use credit card again. Use cash. 4. Use coupon Some coupon may enlighten your spending. There are so many coupon in internet. I also write about online coupon. Some coupon give you free product. 5. Pay necessit
  • 2

    Jul

    How to fit a Personal Trainer in a tight budget - mint.com

    Health is very important for everyone. We have to keep our body health. Every one should eat health food and also sport. Sport can keep your health. Some people use personal trainer. They are professional people that can guide you. This is a guide from mint to fit a personal trainer. It may help you to save some bucks. Create a tight budget Allocate some unnecessary things Know How to spend fitness dollar Find The Right Match
  • 24

    Jun

    How to Make Zero Based Budget

    What is based zero budget? It is a budget that does not leave any dollar at the end of the month. Off course, Not all money must be spending. We can use the other money for saving, investment, charity, and others. Here are some steps to create a zero based budget from cashmoneylife 1. Write a list of your income. How much money that you get in a month. Some people also get money from uncertain source such as commission, fee, and others. If you are a writer, you may get money from royalty. 2.Make a list of monthly expenses. It is quite difficult but you should try it. Note the previous monthly expenses. You can assume the next month expenses too. 3. Write a list non-Monthly expenses. Most family are trapped with this. They do not list the non-monthly expenses in monthly expenses. They

Author

Follow Me