A lost ounce of gold may be found, a lost moment of time never
Website Flipping: When is the Right Time to Sell Your Website? Website Flipping (selling websites) is the hottest money making opportunity on the internet. The question is this; when is the right time to sell your website and for how much? Well, there are several reasons to sell websites, but the most common trend is to sell your web property … [Read more...]
How much is a Domain Name Worth & How accurate is it? Domain Names are virtual real estates of the Internet and owning a Domain Name is just like owning a piece of real estate. This is due to the fact that the demand and supply of popular and yet to be discovered domain names runs high. Each Domain name on the Internet is unique and every … [Read more...]
Average Wealth of Canadians According to the 2006 data: The average Canadian is worth $142,900 — on paper, at least — as rising real estate values offset a rise in personal debt and last spring's stock market correction, Statistics Canada said Friday. In its regular report on the national balance sheet, Statistics Canada said that the … [Read more...]
Investing for Beginners What is an Investment & Why should you invest Your Money? Very basic question comes t0 mind - Why should anyone invest their money? Lets understand what an investment is and how it works? In very simple words, Investment means making your money work for you rather than you work hard for the money. Investing … [Read more...]
Average Wealth of Australians Wealth is always distributed unequally worldwide. Wealth follows the principle of 80/20; means 20% of people around the world own 80% of the total wealth in the world while the rest of the 80% in this world share just 20% of the wealth. I know that this sounds cruel but it’s true. And the logical reason behind it … [Read more...]
How are Facebook Applications making Money? Facebook Applications are great online assets. Many facebook apps generate literally millions of dollars every year for their owners. A Facebook application in itself is a business. Here are the 3 possible ways that FB apps make money: 01) Advertising You can display advertisements on your FB … [Read more...]
Start Investing Your Money The only advice I would like to give people who have just started earning money is – Start Investing your Money. But … Why Start Investing Money? Because Investing means making your money work for you rather than you working hard for the money at whatever job you have. Whenever you put money into your bank’s … [Read more...]
The Best Passive Income Producing Assets Rich acquire assets because assets generate passive income. Passive Income is an income acquired by working hard at once and after that this income keeps flowing into your bank accounts for the rest of your life … and even after that. Here is a list of my all time favorite Passive Income … [Read more...]
What is an Ideal Asset? There are several assets available in the market. People ask … What is an Ideal Asset according to you? Well, according to me, an ideal asset is one that fulfills the following criteria. - an Asset that I have Full or at least partial degree of Management Control & - an Asset that provides Cashflow rather … [Read more...]
Great Startup Advices If you are an Entrepreneur and want to start your own Business from Scratch then here are 4 Great Startup advices for you. This advice will provide you with proper insight on starting your own Business from Scratch. So here they are: 01) Your Heart needs to be in the Business You Start This is the best startup advice. … [Read more...]
Ten Favorite Assets Rich People Have Rich people spend most of their life buying assets. Rich people simply LOVE to buy assets. They acquire assets and these assets appreciate in their value over the time and make them richer than before. Assets are things that put money into your pockets. Stocks, Bonds, Gold, Real Estate, Blogs, Websites, … [Read more...]
High Income: Tool to look rich and become Famous … !!! Do you know that High Income is the tool of becoming famous and looking rich? Well, that’s because if you have high income, you can take more debt and afford more luxurious cars, expensive clothes and branded watches. Not only that, but newspapers and media channels love these people … [Read more...]
How to Multiply your Money? This is a very basic question. However, many people don’t know the basics of multiplying money. This article will explain how you can do so. Before going anything farther, understand that to multiply your money, you need money. I mean only money can clone money. In other words, to make money from money, you have … [Read more...]
The Easiest Way to Become a Billionaire Most people think that in order To Become a Billionaire, they need to earn a Billion Dollars. However, this is not true. Billion Dollars is the Valuation of your Asset … mainly the stake in your own publically listed company. To become a Billionaire, You don’t need to earn a Billion Dollars. You … [Read more...]
Business Ideas for Becoming Rich Many people believe that you can become rich with the business idea from some hot industry (niche) such as Technology, energy, green stuff … etc .. However, this is not true. I believe that you can become rich from any Business idea if you want it bad enough. Becoming rich from any business is solely based … [Read more...]
Where do you allocate your Salary Raise? If you are working at a job at some company or any other kind of job, then the above question is for you. Most of the people treat their pay raise for marking future consumptions. Here is how the most people allocate their salary raise: - Buy new Car on Down payment - Scratch down their credit … [Read more...]
Budgeting Exercises for Beginners Budgeting, Accounting, & Investing are 3 key subjects that everyone should master. That’s because these skills are a must to manage your money. Earning money is not an important skill … you have to learn how to manage your money. If you begin learning Budgeting, Accounting, & Investing as a school … [Read more...]
Private Wealth in America Few years back, a private study was done in USA on the private wealth of Americans. At that time, the Value of total private wealth was approximately $ 22 Trillion. And Millionaires own approximately half of this wealth, meaning around $ 11 Trillion. The Total personal income for the same period was estimated to be … [Read more...]
Blog Archives and Revenue Does Blog Archive size has anything to do with its revenue? Well, Yes, if your main business model is advertising. If the main income stream of your blog is advertisement display, then the size of the Blog archive matters. That’s because each article in your blog archives is like a piece of virtual real estate. The … [Read more...]
How to Become a Teenage Millionaire? First of all, is it Possible to become a Millionaire in your teen age and if yes, then how? Well, of course it is possible to become a teenage millionaire. There are 2 ways to become a teenage millionaire. 01) By receiving a large Inheritance 02) By Developing a Successful (Internet) Business & Taking … [Read more...]
Wealth Building Secret Revealed What is the biggest secret of wealth building? Well, the biggest secret of wealth building is that, you minimize or avoid your biggest expense – Tax. Remember, “To Become Wealthy, you need to minimize your realized Income (Taxable) and Maximize your unrealized (Non-Taxable) Income.” This is the golden … [Read more...]
Income Tax: The Biggest Expense What is the biggest expense in anyone’s life? Well, it’s not the food, clothes, education or anything else. But it’s the Tax. Income Tax – The tax on income. Income tax is the single largest annual expense for many households. There is no tax on appreciation of wealth. Of course there is wealth tax. But … [Read more...]
Are you Wealthy if you earn $ 2 Million a year & your Net Worth is $ 1.5 Million? Most of you will answer the above question with a “Yes”, but in reality, the answer of the above question is “No”. That’s because having $ 1.5 Million is technically a millionaire status, but if your annual income is $ 2 Million and you have … [Read more...]
Budgeting & Accounting: Important Financial skills to achieve your Financial Goals Budgeting and accounting are both very boring subjects when it comes to exercising them in real life to plan your finances. But budgeting and accounting for the domestic consumption is directly related to achieving your financial goals. Tabulating and … [Read more...]
What is Contingency Fund & Why is it Important? Many of you have never heard of the term “Contingency Fund”. Well, In Layman’s language, Contingency Fund means “Emergency Fund”. Emergency Fund is very important because it protects your assets and long term investments during the time of emergency. Why is Contingency Fund … [Read more...]
