HOW DEBT CAN GENERATE INCOME

Robert Kiyosaki of Rich Dad Poor Dad talks about how debt can generate income.

THIS IS KEEPING YOU POOR

Kim Kiyosaki of Rich Dad Poor Dad explains the 3 different types of income as part of his Millenial Money video series

How to earn money doing freelance writing

Today we have got a guest post written by the quite frankly amazing Ar from over at Actual Ar who is a seasoned professional when it comes to freelance writing and wants to share her top tips with you!

In this post, I’m going to share a few tips for how you can potentially earn some cash through freelance writing. I say potentially because there are a few caveats to this statement that you’ll need to take into account.

First and foremost, if you’re planning on becoming a freelance writer for the express reason of making money, then you’re not going to make much money. Simple but true. Successful writers and more specifically ones who get paid are at the heart of anything else good writers. They write well because they love writing. They craft the work they produce. The do not churn out any old shit and expect £100+ in return for it. Bear in mind that if you don’t actually enjoy writing, and if you’re not actually committed to creating good, interesting pieces of work, then you won’t make any money no matter how hard you think you’re hustling for it. If you’re not putting the effort and skill into your writing, nobody will reward you for it. Fact.

Next, a reminder that this will not be easy, and you’ll not always be able to write about things you want. Paid opportunities for writing aren’t always going to be on topics you’re well-versed in, and so you might have to get creative about how you present your content. You’ll need to put the time in to research the piece you’re producing for your client. Remember, this is a business transaction; just because you may be typing an article up from home in your slippers does not mean you should treat a writing assignment as anything less than a professional endeavor.

With all that said, it is very possible to make money from your writing. 

Before you begin, you should decide on the type of writing you’re most confident with. We’re quite not talking about writing a book here, although that is, of course, a viable option. Many writers are now able to self-publish their own eBooks and put them on Amazon, and with the power of social media at their fingertips, promotion is free and easy too.

However, to dip your toe into the water of freelance writing is a wise move before going all-out a la J.K. Rowling. Starting a blog of your own is a good way to do this and to build a bit of a content portfolio for yourself. I believe that if your writing is good quality, it will speak for itself and the opportunities will come to you. Plus, you need to practice your skill. Publish posts consistently, on a variety of topics, and you’ll become a versatile writer who can produce solid copy that other outlets will value.

Value is a keyword. How valuable is the writing you’re planning to sell? 

Online magazines, news sites, travel companies and many businesses are in the market for content – and you’re in a strong position to offer it to them. There are ways to do this. A direct approach or a ‘pitch’ to a brand’s PR contact is a good place to start. Remember to be polite and professional, and not to sell yourself short – or offer your work for free! I’d advise building a bit of a back catalogue of writing before approaching companies for paid opportunities though; they will almost certainly check out your social profiles and website to see if you’re worth their spend. Make yourself invaluable by putting the time into your writing beforehand.

Another option is to register with a blogger-brand outreach service, and also to check Twitter regularly for journalist and PR request opportunities. Occasionally, other bloggers or writers may wish to collaborate with you in order to get their workload finished. Don’t be afraid to help out – you may get an offer of partial payment for your efforts. There are also lots of freelance writing sites you can sign yourself up with; a bit like a Yellow Pages of skilled people, where you can basically offer your writing services for a set or hourly fee.

They key to all of this is research. Work out the kind of writer you are and craft your style. Be patient, consistent and professional and remember to price your writing according to the time and effort involved. Don’t look to other people and charge their fees. Be your own writer and be fair with yourself. Give yourself a minimum hourly rate and calculate your work accordingly.

Good luck, and if you’d like any further advice feel free to get in touch with me and I’ll try to help you out on your freelance writing journey.

Source: https://blog.themoneyshed.co.uk/earn-money-freelance-writing/

How to Turn Taxes into Income - Cardone Zone

Wouldn't it be great if you knew how to turn your taxes into income?

Check out this video and let us know what YOU think in the comments below!

3 Secrets the Wealthy Don’t Tell You

In order to run you have to first learn to walk. To make a million dollars, you’ll first have to make 100K. I didn’t build my wealth overnight, but I did get rich rather quickly. There is a big difference between being wealthy and being rich by the way—more on that later. Right now, let me ask you, do you know the basic building blocks of money? Without the basic building blocks, you will never have mastery. I’m a hecto-millionaire and believe me, nobody that inherited their money has ever become a hecto-millionaire without straight up mastering money. I want to give you three secrets today that the wealthy know that the rest of society doesn't. These things are basic building blocks of money. 

#1 Income is King—If you don’t have new income, you’re dead. You have to be getting new income. I know this sounds basic—because it is—but a lot of people have this confused. People are out there trying to save money, talking about how debt is bad and save, save, save. Look, if you don’t have income then there is no money to save, no money to retire, and no money to invest. There is no chance of wealth without income first. You might hear people say, “Income is not what you want—wealth is what you want.” But you can’t get to wealth without income. You need income. I’ve said that a JOB means just over broke, but a job=income. The reason people get a job is to get income. Now the question becomes, how much income can you protect? How much can you incrementally increase that income? Understand this—don’t let anybody ever tell you that income isn’t king. Saving is not king, spending is not king. Income is KING. And that is the number one most basic building block you need. Yes, it’s taxed at a high-rate—it’s not the best thing, it’s not the thing I ultimately want to be at—which is wealth—but, I have got to have income to get to wealth. 

#2 Income Increments—You aren’t going to go from 4K a month to millionaire. There is going to be incremental growth. Now I’d certainly like to explode and go 10X but understand that there are going to be increments. At 25 years old, I was making 4K a month and all I could focus on was increments. I thought about how I could take that 4K and control it by going up to $4400. Could I increase it by 10%? That would be $400 more per month. That’s $100 a week, $80 a day. Who do I need to see, who do I need to call to get that $80? At 35 years old it wasn’t going from $4,000 to $4400 but going from $15,000 to $20,000. That doesn’t mean I’m not thinking about how to explode with growth, but every day, every week I’m thinking about how to increase in increments. Think about it this way—do you want more or less? There is no same. Same always falls to less. You’ll get what you focus on. If you focus on anything else other than more, you’ll get less. You’ll end up with less money, less income, less ability to save and invest money. 

#3 Spend 95% of your time on income, 5% on expenses—Take out your household income statement. Everyone has one, money that comes in and money that goes out. The line for incomes is thin, the line for expenses is thick. Income is powerful. You need enough income to overwhelm the expenses. Most people have this in reverse—they spend most of their time on expenses and little time on income. How much time do you spend on the income side? If you are anything like the average American, you are spending all of your time on the expenses. 

Would you like to know the difference between being wealthy and being rich? People can get rich quick, but nobody gets wealthy quick. I figured out how to create wealth—I’ve become a millionaire over a hundred times over. Having wealth is having so much money it can never all be spent or destroyed. In order to get wealthy, you have to first get rich. Trust me, it’s easier to get rich once than stay poor forever. Income is king, so keep increasing your income by increments, and keep yourself focused on your income—not your expenses. If you have the dream of getting wealthy, and you WANT to improve your situation or condition, sign up here. GC

Source: https://grantcardone.com/blogs/grantcardone/3-secrets-the-wealthy-don-t-tell-you

5 Important Tips to Get a Personal Loan Approved

You might have a smooth running life, but that in no way means that there won't be a problem with you. You can face an emergency situation at any point of time. So, for that, you need to be careful enough. A loan at this point of time can be a savior for you. It can help you meet a financial crisis. Through a loan, you are going to get some cash that will be helpful to meet the personal needs. But getting a loan is not that simple. There are certain steps that you need to abide by so that your loan plea gets approved.

Check the Eligibility Criteria

Most of the loan providers do have an eligibility criterion. Some prefer the borrowers to be within a particular age group, generally between 21 to 65 years. Another thing that they might be checking about you is a minimum amount of earning per year. Maintain that you are not a defaulter on any of your previous loans or credit card bills.

Verify Your Credit Score

A credit score is what the lenders are going to determine before they give you a loan. So, before you apply for the loan check for the credit score so that the loan plea does not get rejected. If your scores are not good enough rectify them. This will increase your chances of getting the personal loan approved and also might fetch you attractive interest rates.

Provide Genuine Details

When you are applying for the loan, make sure to provide all details that are true to the best of your knowledge. The lenders will doubt your intentions and will cross check everything. They might consider visiting you or giving you a call personally to verify the information you have provided. So, giving them genuine details will increase your chances of getting the loan approved.

Avoid Several Applications

Aim for a realistic loan amount that is payable by you. So not ask for huge amounts because in that case the plea might get rejected. Another mistake that most people make is applying at several places. The lenders will doubt your intentions and your probability to get the loan approved will be reduced. Also, multiple applications will affect your credit scores.

Have a Stable Source of Income

Having a stable work history is sure to impress the lending institutions. If you are having a minimum of two years of experience that will be an added advantage. Try to avoid switching jobs and maintain a stable source of income.

These are some of the factors the loan providers take into consideration. So, before you apply for a personal loan, consider having a proper knowledge about the terms and conditions and work according to get the loan approved.

To know more about personal loan interest rates, please check our website.

Article Source: https://EzineArticles.com/expert/Aman_Tumukur_Khanna/1972047

Article Source: http://EzineArticles.com/9745734