Saturday, August 29, 2015

How To Make Money Expert

Why do so many personal finance sites focus on spending LESS instead of making MORE? Sure, managing your spending is important, but too many people get tunnel vision on cutting costs.

I read your blog (for the most part) daily. We have many friends in common, so I saw your blog from them, and I have to say, you have helped me desire to make money doing something that I love, while getting to stay home with my kids.

One thing I will mention that was omitted though few people may be aware of it, if choosing a domain name then do not go to any registrar to check if it is available and then go away to think about it, chances are it will be gone since there are sniffers out there that will register and charge you heavily to get it in the future. Godaddy is notorious for this therefore if you type the name in be prepare to buy it then and there without hesitation.

A tip would be that if you absolutely had to be curious then to do a bulk search of your domains with completely random mish-mashes of domains (100+) for each one scattered all over the place, so that if they wanted to buy your one ‘valuable' domain they would have to search through them all.

Bargain-hunt at yard and thrift sales. If you have a bit of knowledge in a particular area (ex. Taxco Mexican silver, action figures, classic National Geographics) or even just a good eye for quality, visit private sales early and often to find unexpected deals.

Go to police auctions. You can find incredible deals here, and though may not be able to resell a car that was involved in a serious crime, you can probably find some spectacularly cheap jewelry that someone else would be happy to buy off you.

Flip houses or apartments. If you are a handy(wo)man with great design sense, a knowledge of what's valuable in the construction of a home, and assets you're willing to play with, consider buying, fixing up, and reselling real estate. This requires quite a bit of up-front cash and elbow grease, but the payoff can be big.