Archive for the ‘Personal Finance’ category

How to Use Social Media to Find Good Deals

June 28th, 2011

The internet is ripe with deals, and you can save on everything from toilet paper to technology if you know where to look. Here’s a quick guide on how to use social media to find the best deals online, fast.

1. Your first step is to find a favorite frugal blogger or two. You’ll want to be pretty selective. The number of coupons and deals sites has exploded in the past few years. some of these sites run the same codes from a subscription service, and many are for stores you’d never think of shopping from – and that means it will take you some time to sort through and find the good deals.

The best blogs will have handpicked deals, coupons and even freebies that are handpicked by an actual person who doesn’t post every offer that comes along. If you’re looking for cheap baby items, you’ll probably want to follow a different set of frugal bloggers than does someone who’s looking for tech deals.

2. Find your favorite companies on Facebook. Because of its immediacy, Facebook has become a preferred way of broadcasting information about new freebies and deals, especially those offers that are valid for just a day or two.

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Financial Success

June 25th, 2011

When people start thinking about making money and becoming wealthy it is normal for them to start thinking big. Please note that you have to dream big but when it comes to implementing your dreams into action, you need to start thinking small. Financial freedom is a goal that a lot of people strive for but never achieve because they think too big.

There are millions of ways of making money. Some of these are easier than others. If I tell you that I have this great new product that replaces a car because, instead of you driving it, it drives itself and also fly above traffic and get you there in no time. Because this is such an amazing product it costs $2 million. Now this is a good price but how long will it take you to get this sold? To get a buyer with this massive amount of money available and that is satisfied to buy, is going to take a while. Let’s say that it takes you 1 months to sell this and you make a profit of $10 000.

Now let’s take another example. If I give you a product that is a new type of headphone that works wirelessly, where you only have to put the earpieces into your ear and not need to plug it in. This product cost $20. You can sell this quite quickly. Most probably within an hour you can sell this product and make $10 profit.

Now looking at the two above mentioned examples, how many cars can you sell that fly and that people are willing to pay $2 million for? And how often will you make a profit of $10 000? Compared to the headphones which if you work at it, you will sell a lot of these in a short time. If you sell one car a month and a 33 headphones a day by selling them at subway stations then you are making the same profit.

» Read more: Financial Success