Tag Archives: earning

The Ten Percent/Ten Percent Solution for Financial Problems

There are two ways to face down personal financial upheavals: decrease expenditures and increase revenue.
In other words, save money and make money. 

As the number of coupon clippers and group sales social networks attest, a lot of people are getting the first lesson. They’re trying hard to save money.

That’s only one part of the equation.

To really take control of your financial picture, you need to save money AND make more money. You also need to set definite goals. (For some, saving money is hard to maintain–it just takes a major purchase or a shopping binge to throw you off your game.) 

You might want to consider the ten percent-ten percent solution.


Is Passive Income Totally Passive?

pic by Scumfrog @ Flickr

Passive income is often touted as a work-free, pain-less, time-agnostic way to earn money.

The logic goes like this: You employ a few vehicles that can earn money on a 24-7 basis. You can invest and earn money through trading or dividends. You can create a blog or web site. You can do some affiliate or search engine marketing.

And, alakazam, you make money.

It works. Or, it can work.

But passive income does require four distinct phases that do require your attention and due diligence.

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The Four Secrets To Unconventional Wealth

279-days-logo-201x300Despite the economic havoc that continues to play out, I’m reading more and more about the unconventional ways that people are making money… and getting rich.

Here’s the guy who is inspiring me: Chris Guillebeau and his blog, the Art of Non-Conformity. Chris took an unconventional approach to blogging that seemed to defy the experts in many respects. However, the principle he did master was that he created unique content that addressed the needs of a niche group of entrepreneurs.

He wrote a few eBooks, but here’s a free book on his site, called 279 Days to Overnight Success, that I recommend.

Whether it’s producing eBooks, or selling art on Ebay or Etsy, (or creating advanced Automated Trading systems), Chris proves convincingly that people are finding new ways to create wealth that is in line with both their values and their aspirations.

As technology accelerates, this type of wealth generation becomes even more possible.

Reading Chris’s book made me think that this new economic era requires a new mindset. We need to psychologically and spiritually be prepared to make bold economic moves, the very moves that create unconventional wealth.

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