Month: August 2009

Month: August 2009
Business

When Others Profit Out of Your Giveaways

I was reading about this person who was making some decent part time money buy simply taking other people’s old belongings that they no longer want, on public sites such as Craigslist, which he would then turn around and simply sell it to others who would want it. The funny thing was reading comments how

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Financial Management

Buying Off Season Items For The Upcoming Seasons

Now that summer is almost over pretty much every high demand summer item is dropping like a rock in prices it seems. Example, fans dropping to like $10 and sunscreen lotion for a dollar or two. For things like the sunscreen lotion it can definitely make a lot of sense just to buy a couple

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Business

Inheriting Debt Which Technically Means A Profit

So here was a scenario that is kind of interesting based on a real life situation. Let’s say there is a building that costs one million dollars. The two owners decided to part ways. The situation, one person was very attached to the building and wanted to buy the other half of it from his

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Financial Management

Is Food One of The Biggest Unnecessary Expense?

Bet that title resulted in some heads turning. Recently I was asked to look at a person’s financial statements for the month. Basically, at the end of the month he had about $500 of spending money left based on an approximate $2500/month in income. Here was the interesting thing with this I thought. All the

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Business

Growing Purely By Word of Mouth

Today I read an e-mail that had a note about how a person’s business grew entirely though word of mouth and that the operation started in a simple home. It continues to grow today and so he wanted to try and get more word of mouth advertising. This is definitely one of the more effective

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Financial Management

Renting To Pay For A House Risk

I was having an interesting conversation today about the notion of a person buying a house that you would need to get a mortgage on like most people. However, in this scenario paying off the mortgage would heavily rely on not so much your regular job but the income you would earn by renting a

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