Question: If you lost your job today, what three things would you cut out of your life to help save money?

I’ve been trying to spur some reader participation lately, but have not had much luck!  I enjoy reading comments from you all out there!  Anyway, I heard this question posed on the radio today, and I thought it would be an interesting one to think about.  Here are my three: 

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  1. Eating out (even the little $6 meals that you don’t think about as much).
  2. Home improvements (I’ve spent way too much money at Lowe’s and Home Depot lately).
  3. iTunes downloads  (have not done it lately, but when I do, it’s not pretty!) 

Saving Money On Your Phone Calls with Voice-over IP companies

I just saw the new advertisement from Vonage boasting service for $19.99.  VoIP has been an emerging technology for making phone calls across the United States.  This is not a tech blog, but basically it works by using the same type of technology that helps to connect computers with each other on the internet by using an IP address which is unique to each phone or computer at the time of use.  It actually uses a broadband internet connection, so this is one of the things that most people do not know.  You need to have high-speed internet in order to have a VoIP phone service. 

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Starting Salaries, Annual Raises, and How They Affect Your Long-Term Earning Ability

Over at Free Money Finance, there is a great article about starting salaries and how annual raises compounded over a long period of time will greatly affect your earning capacity.  However, a true money crasher would be thinking of ways to take the shackles off of their earning potential by creating alternative creative streams of income that are limitless.  Don’t settle for an annual raise and salary jobs. 

If you are reading this blog, then I am sure you have read Free Money Finance’s Blog, but I encourage you to go through some of his most popular blogs.  This is one of the most popular personal financial blogs on the net for a reason. 

Make Money By Getting Paid To Blog

The people over at Problogger have posted a Job Board that helps connect businesses and blogging entpreneurs with other bloggers.  There are people looking for people to write for their blog, and they are willing to pay fixed incomes and/or share in the revenue from the site.  This is a great opportunity to earn some extra income if you have relevant blogging experience and a passion for the subject of the blog.  Remember, earning extra side income is a Money Crasher principle which is essential to gaining traction for eliminating debt, investing, and saving for large purchases.  I thought that I would pass along this great resource to find a job as a professional blogger. 

The Weekly Top Five Favorites List: Top Five Favorite Websites To Find A Deal

In the spirits of the “question of the day” that JLP from All Financial Matters, I am going to start a weekly Top Five Favorites List.  I would like anyone and everyone whom reads this blog to participate in this.  I’m really interested in getting readership involvement, because I learn the most from other people’s comments, opinions, and suggestions.  I’ll try to come up with a weekly topic every and post it every wednesday night.  Here is this week’s topic:

Your Top 5 Favorite Websites To Find A Deal:

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  1. Orlando Craigslist
  2. Ben’s Bargains
  3. Passwird
  4. Woot

Generation Next Faces More Stress, More Costs of Education and Living

There have been numerous newspaper and magazine articles lately about Generation Next and the things they face and will face as they enter college and the working environment.  I am intrigued by this generation because I am a part of the last half of it.  We are deemed as the technology generation, the ipod generation, the MTV generation, and there are many other names floating out there.  While this generation may be known for its technological prowess, it is undeniable that young people between the ages of 18 – 30 are hard working, motivated, and dedicated to replacing our baby-boomer parents in the working world.  However, Generation Next faces many challenges in the years to come with the cost of education rising, more pressure to succeed and follow in the footsteps of their over-achieving parents, and trying to keep up with the rising costs of living. 

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Student Loan Consolidation Can Never Hurt You

You will hear me harp over and over about consolidating your student loans.  There are several reasons why you need to do it.  For one, it will lock you into a fixed rate for the life of the loan.  Second, you only have to pay one payment per month, rather than several different ones.  Lastly, it just makes sense, because there are no hidden fees or catches associated with it. 

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Housing Market Cools, More People Will Look To Buying Foreclosures

Now that the housing market is starting to shift back to a buyer’s market and with the rising popularity of 1-year adjustable rate mortgages, you will start to see more people looking to buy pre-foreclosure and foreclosed properties.  This is a subject that con-artists and late-night “get rich quick” schemes love to talk about.  It sounds so easy — Find a house in foreclosure and buy it for pennies on the dollar.  Well, the truth is that it is extremely risky and tough to buy a foreclosure and actually get a good deal.  But don’t get me wrong, people do it, and some of them do get a good deal.  The bottom line is that you need to know what you are doing.  There are three different scenarios when it comes to buying a foreclosure and I will go through all of them with their respective pros and cons. 

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PayPerPost – An Alternative Way to Create Some Revenue For Your Blog

I am still relatively new to the personal financial blogging community, and one thing that I can say is that 9 out of the 10 blogs out there are genuine about wanting to share about our personal financial struggles and successes with the hope of helping each other out.  I hope that those of you that read my blog think the same of this blog.  Since we produce a large amount of quality information and content, I do believe that we should take steps to monetizing our blogs in a non-invasive way. 

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