Archive for the ‘Money making’ Category

Most of us go to school for, let say, at least 13 years. Not including a few more years of tertiary or higher education.  They teach us many things in school but not how to be financially smart.  We are trained from childhood, to go study, try to get good grades, come out of school and find a job and work all your  life for money that never seem to be enough. If you are lucky you will end up with some savings, to see you through your old age. If you are not you may find yourself one day old, sick, and broke.

I just finished reading the second book of the Rich dad, Poor dad series early last week. Perhaps it wouldn’t be too much to say that I believe that I have been taught about the importance of financial literacy in just a few weeks of reading those books than  16 years of formal education could ever provide me.  I just wish I could have read it sooner. But as they say, it is better late than never and for one of my age, perhaps it isn’t too late at all.

It is interesting that what ever information Kiyosaki had mentioned in his book isn’t something that you need a rocket scientist to come up with. It’s so simple that it is just so mind boggling that why we and I believe many of us never have thought about it before. That simple yet precious info is how to read a financial statement. Make a distinction of what is really and asset and what is a liability.

So next thing I’d like to read about are about all those investment ‘vehicles’, as the call it. Like investing on - gold coins & bullion, stocks, mutual funds, unit trusts, etc.  Just investing a little bit more of my time to educate myself on such subjects.

If you never heard of dropship before, it is actually a selling method where the retailer doesn’t hold neither handle any of the stock put up for sale. Customers buy and pays to the retailer, then the retailer would order from the dropshipper, and the dropshipper will prepare, pack and send directly to the customers without disclosing where the retailer got the products from.

For people who are interested to sell things online, but do not have the money to start or place to store all the stocks, you may want to look for a dropshipper. There are so many products to be sold, from cheap clothes, toys, vitamins, hand-made crafts, discount cigar, novelty items, etc.

Though it sounds easy, but it isn’t as easy as one would want to think. The challenge here is, to find an honest and reliable dropshipper and of course to sell the items. Well, the saying ‘no pain, no gain” isn’t there for nothing.

Since the time I bought my first item online (was it from Amazon or ebay?? hmm) I have always wanted to have my very own online store. Opening an online store does sound complicated for someone like me who doesn’t have much knowledge on website designing and such.

There is ebay or Amazon where you can open a small store with. But it comes with a small price of course. I have checked on how to start selling on ebay and also opening a store - special procedure and fees to open one - both requires a small fee to insert your product or items for sales on the market. You even have to pay for hard-disk space to store your products’ images. It is all rather complicated.

So I did a little research and search on how to open an online store. Lo and behold, I have found somewhat a jewel of a wordpress plugin. Yes, you can open an online store with a wordpress blog. All you need is to upload a plugin for you wordpress blog - Wordpress E-commerce plugin at Instinct.co.nz. Apparently the plugin has been around for sometime now, just didn’t find it months ago when I was looking for something like it.

I did a little experiment and I like it a lot! You can choose various form of payment method. Paypal and google checkout included. You can track your sales, and orders on the ’sales’ tab on your wordpress dashboard.

So far, I’ve only found one free wordpress theme that is compatible with the wp e-commerce plugin. Crafty cart theme. Here is what wp e-commerce store would look like with a ‘crafty cart’ theme - demo site.

I’m still learning and researching. Perhaps I will sell stuff on my own online store soon, or perhaps I will check out ebay first to get the feel of selling online then move on to own online store. Will see. Nevertheless it is still a good thing to learn about the cool plugin.

While digging into some personal items, I have found a couple of diaries which I have stopped writing in for years. I flipped through the pages and read a few entries I wrote when I was a teenager  till my early 20’s. I realize how unhappy I was . Miserable would be one of the adjectives that was applicable in my life then. Family problems, financial problems and the passing of my beloved mother.

I haven’t updated the diaries for so long, and since the last entry, my life has changed tremendously. A change that I wouldn’t have thought at the time when I wrote it last. Though the memories of the past may come to me when I least expect, but if I do not allow it to hurt me, it would lose its strength and power over me. Even though the wound is there, the pain of the memories have gone.I am blessed now with a happier life.

No matter how tough a problem can be, just remember that, it shall pass. Though the hurt may seem to be overwhelming, the pain will eventually subside with time.

If you are looking for a way to make passive income through your blog or website, then please read on. Read on as well if you are looking for ways to buy cheap backlinks.

I have been with backlinks.com for 2 months now. It is a website which, once you join, you will be able to sell backlinks. Anyone can join, but in order for your site to qualify, it has to be your own domain (no blogspot.com, wordpress.com etc) and has a pagerank of at least 1.

After signing up, all you have to do is get the codes for your website.You may choose what sort of codes you would like to add onto your website or blog. It is much easier to add on a wordpress blog, because all you need to do is download the backlink plugin. Upload and activate it as you would do with any other wordpress plugins. Go back to the website get the code which you can find at their wordpress plugin installation guide. Add the code at you sidebar.

Once everything is done, you’re ready to go. Just wait. I waited for a few weeks before I got my first few sales. The rates aren’t that much, but for a one time job, it is still good money. Here is how much you will get:

PageRank (PR) 1 homepage $.50 , subpage $.50
PageRank (PR) 2 homepage $1 , subpage $1
PageRank (PR) 3 homepage $2 , subpage $1.50
PageRank (PR) 4 homepage $3 , subpage $2
PageRank (PR) 5 homepage $4.50 , subpage $3.50
PageRank (PR) 6 homepage $12.50 , subpage $10
PageRank (PR) 7 homepage $30 , subpage $25
PageRank (PR) 8 homepage $75 , subpage $50

Here’s what it would look like.

Payments are made monthly to your paypal account. So check backlinks.com.

If you have seen one of these boxes that looks like the one below somewhere and wondered, what they are, I will tell you. They are dNeroo conversation. At first they were called surveys, but now they require those to participate to include a question related to the survey, which later on other participants of the survey may answer. Thus it is called conversation.

It only takes less than a minute to complete. Once completed you will be given a code. Copy this code and add to your blog, website, friendster, myspace, etc. After 5 days of generation impression,you will be payed. Payout rate is usually low. Less than a dollar. But there were 2 conversation that I got payed $3 each. Later on they will still pay you per thousand impressions.

Payout rate is $20. I have $8 to go to get my payout. So, boys and girls, if you are looking for fun, passive income, this is it.

Many of us know tinyurl.com. It is a service that shorterns a url link. However, this service does not pay you. Ucash.in is a program that does the same and more. For one they shorten your url link. Secondly, once you convert these links, they are automatically saved in your account. So it works as a social bookmarking service. Finally, everytime your link is clicked on, you make money.

How will you make money? When someone clicks your url, they will be directed to an ad page before they redirect to the original url.

$1 US for every 4000 top banner ad impressions, and $1 US for every 2000 intermission ad impressions.

We all have links on our blogs and websites and we do put links in forums. Why not at least make money from them?