If you’ve been following the financial news today, then you saw articles like this one from Yahoo Finance about the unemployment rate falling to 9.7%, which is a five-month low. That sounds like good news, and it could be, but when you look deeper into the numbers and throw some logic into the equation, it doesn’t make sense that the unemployment rate would fall that much. Does this mean the numbers are cooked? Are we on the road to recovery for job loss? I really hope so, because it’s the single most glaring eye sore to our economy right now. It’s the one road block that will keep our economy from heading in the right direction. Here’s a quote from the article I referenced above.
Last week I revealed to you how my best friend and I started a side business doing internet marketing for small businesses and one reason for our success was that we found clients before we set up the business. Now that we have some clients, we need to look a little more legit, so we started shopping around for some online resources to help us get more organized as a business. Doing freelance work and/or starting a side business is one of the best ways to earn extra money to help you pay off debt, save for retirement, save for kid’s college, or save up for a large purchase. You should focus on seeking out clients first, and then set up business processes. When that time comes, here are 25 online resources to check out when setting up your business.
It’s that time again to take a look at our personal finance blogging friends, and see what they’re writing. Seriously, we have the best blogging community on the web. If that’s not evident by now, then something is wrong. Here are some of the best of the best articles from this past week:
How Does the IRS Pick Tax Returns To Audit? Ever wonder how the IRS chooses who to audit and who not to audit? They do have a method behind their madness, so read this to figure out ways to stay off their radar for an audit from Bargaineering.com.
If you were following Twitter, Facebook, or any tech blogs today, then you know that the Apple event surrounding the announcement of the Apple iPad (insert feminine hygiene joke here) dominated today’s news, and it will surely dominate tech news for the rest of the week. I followed along with sites such as Gizmodo and Cult of Mac for their live blogging of the event, and I must say that while the iPad is pretty darn impressive, it is lacking in some areas (but then again I am a tech nerd). I have stronger opinions about technology devices than the average user. One piece of news that did REALLY impress me was the price of the iPad:
I was listening to the Clark Howard radio show today, and a guy was asking Clark if he should buy a car on Craigslist without ever seeing it. He said he was tempted, because the car was “such a good deal” and way below market value. As most of you probably know, this is immediately a red flag for a scam on Craigslist, but some people just don’t take the time to understand what they are doing. Here are some tips to help you never get scammed on Craigslist.
If It Sounds Too Good To Be True, It Probably Is
I’ve been working on blogs, Facebooking, Tweeting, Linking In, and YouTubing for almost 5 years now. I started writing for this blog in 2006 with a vision about turning a passion of mine, personal finance, into a blog where I could share my thoughts and experiences about personal finance. Four years later, personal finance is one of the hottest blogging communities on the web, and Money Crashers is poised to have its best year yet as a personal finance blog. I still make a nice little side income from writing for Money Crashers, but while I was learning about blogs and social networks, I developed a strong set of skills about how to market a business on social networks such as Facebook, Twitter, LinkedIn, and YouTube. I also started learning about the power of having an updated company blog and link building strategies to optimize search engine rankings for company websites, and that was the beginning of a career transition and the start of my side business.
Love him or hate him, Dave Ramsey gives great common sense advice about how to get out of debt and build wealth. People that hate him often don’t want to make the sacrifices in their lives that he describes you must make if you want to win with money. Here’s a great video from him that gives you a good synopsis of what he’s all about and his financial success program.
I came across this article today on CNN Money about the NY Times charging for their content in 2011. It doesn’t surprise me that major news publications are going this route, because their print subscriptions are suffering largely, and they don’t know what to do. As a fairly serious blogger for over 4 years, my beef with the NY Times is not that they are making a business move to generate an extra source of revenue. My beef is that that reason they need to start charging for content online is because they spent the last 5 years thinking this real-time information movement on the internet was just a fad. They laughed at bloggers, and now many print journalists now work for blogs like Politico and the Huffington Post. If they would have spent time learning how to create a sustainable business model on the Internet from the beginning, they would have enough advertisement agreements on their website to subsidize the money they’re losing in reduced print subscriptions. Ok, I’m stepping off the soap box now. So, what does this mean for us?
At Money Crashers, we’re serious about setting goals and accomplishing those goals. If you set goals for your money with regards to eliminating debt, saving money, organizing your finances, and preparing for retirement, you’ll find yourself a much wealthier person in the future. Not only do we want to help you set goals for 2010, we want to help you accomplish those goals, because setting goals doesn’t mean jack if you don’t make progress to accomplishing them. That’s one reason we put together one of the largest giveaways ever in the personal finance blogger community. We’re also committed to pointing you in the right direction to resources that can help you track your progress to accomplish your goals.
One of the biggest struggles for a frugal shopper is balancing price with quality. The old adage, “You get what you pay for” is definitely true in many instances, but it’s very easy to be tricked into paying more money for something that isn’t worth it. The older I’ve become, the more I realize that paying for quality is important, but you must be careful and do your research to make sure you’re getting what you pay for. I’ve realized that buying the cheapest model or brand of a particular consumer item doesn’t always end up being cheaper.