Sunday, September 28, 2008

2nd Edition of the Bugs Munny Blog Carnival.

You loved the last one, now here it is. The 2nd edition of the Bugs Munny Blog Carnival that is growing in popularity. Enjoy and leave comments.

jcr8392 presents Common Mortgage Terms Explained posted at Truthful Lending dot Com, saying, "This is a glossary of some of the more common, and most important mortgage terms. This list will help to familiarize you with some of the terms you should know to find the best mortgage program for your needs."

Andrea Smith presents Low Interest Debt Consolidation: Can That Really Attractive Loan Package Actually Be Hazardous To Your Financial Status? posted at Free Debt Consolidation: Qualified Financial Management.

Praveen presents Don't Be A Seminar Junkie posted at My Simple Trading System.

Mac presents 10 Ways To Save A Dollar During Hard Times posted at Actorlicious.

Praveen presents Lehman, Merril Lynch, and AIG Lead to The "Unbubble" posted at My Simple Trading System.

Jeremy Zongker presents Free College Education Exists posted at Destroy Debt.

Erika Collin presents Fannie Mae and Freddie Mac: What Next? posted at Currency


imarketing4s presents Wise Debt Consolidation and Budgeting posted at Free Debt Consolidation: Qualified Financial Management.

Faron Benoit presents 5 ways to save money on gardening Financial Learn posted at Financial Learn.

FIRE Getters presents Save Your Wallet With These Penny Hacks posted at FIRE Finance.

AmberJones presents Geezeo: Free Online Personal Finance Management Software, Budgeting Tools, Financial Advice and Community » Blog Archive » The 10% Rule posted at Geezeo: Free Online Personal Finance Management Software, Budgeting Tools, Financial Advice and Community.

Linda W. presents Budget Engagement Rings posted at The Eclectic Female, saying, "You may be able to score a great engagement ring for much less than you think."

Raymond presents 0% Balance Transfer Credit Cards posted at Money Blue Book.
Growing Wealth

KCLau presents How not to Spend that Money? posted at KCLau's Money Tips, saying, "Article on how to prevent spending unnecessary money. Also 3 methods on how to do so."

Jon Li presents New Behaviour Techniques that Help You Save Money posted at - Personal Finance Portal, saying, "Learn new money saving behavior techniques that will improve the health of your personal finances."

Raymond presents How To Apply For An American Express Black Centurion Card posted at Money Blue Book.

Card Blogger presents The Best Credit Cards posted at Credit Card Blog.


Investing Angel presents Investments To Avoid posted at Stock Tips, saying, "Certain types of investments should just be avoided by beginner investors."

The Stock Teacher presents Speculating On The Election posted at Stock Investment, saying, "If you think McCain is going to win the election, certain stocks may be worth betting on."

Laws of Money

Raag Vamdatt presents You are 30 - Think of 50: Impact of inflation on your budget :: :: Financial Planning demystified posted at

Sherin Devassy presents Money lessons to kid posted at Investment Internals, saying, "Teach your kid about money and how to deal with money at various ages. Let them achieve financial wisdom when they start earning."

Helen Anderson presents 6 Safe Places to Invest Your Money posted at Bankaholic.

Raymond presents How To Generate Valid Credit Card Numbers posted at Money Blue Book.
Passive Income

Raag Vamdatt presents An Introduction to Reverse Mortgage :: :: Financial Planning demystified posted at

Save Money presents Get FREE Gift Cards from Blue Cross Blue Shield posted at How I Save

Blogging for Money

supermom_in_ny presents Freebies4Webmasters.Com: An Easy Way for Bloggers to Make Money posted at Getting Out of Debt, saying, "This is an easy way for bloggers to make money online."

That concludes this edition. Submit your blog article to the next edition of bugs munny carnival using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.
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Make Money During a Slow Economy

The economy is tough and the media isn't making anyone feel better about the future. Money is still out there and here are some proven ways to make it.

Sell stuff you don't need-I had a friend who recently had a garage sale at her home. She made about $300 in one afternoon. When I asked her what she sold she said, "nothing of real significance." You'd be amazed how much people will pay for your stuff. Tip: Jewelry and tools are hot items.

Referee at a local league-Local city leagues and schools hire people to referee their sporting events. If you know enough about the rules in sports like baseball, basketball, football, and hockey you can apply to become a ref.

Teach what you know-If you have knowledge of a subject you may want to consider teaching that subject part-time. There are many different ways you can do this. You can offer a one day class on the subject and charge a small fee. or maybe you can teach at adult education schools.

Pizza delivery in a good neighborhood- If you have a reliable car, this is another good way to make extra cash. Pick your pizza store location carefully. You want to be in a good area so that the customers tip well.

Start a small business-If you have a talent or service you are able to provide, you can become your own boss. Well, your own part-time boss anyway. Starting a small business is getting easier these days. If you know how to do anything well, most likely someone is will to pay you to do it.

Write for money- If you have some talent, you may consider writing for money. There are three sites that I write for that will pay for good articles.

Helium-This site gives you topics that you can give your opinion on. Your article gets rated by helium visitors and ranked based on votes. Helium shares a portion of the ad dollars that they make with you. The more your articles get viewed the more money you make so you have to write often in order for the money to really add up.

Associated Content-This site gives you the option to sell your articles to them and they would offer you a price for them. Or, you could also post articles and get paid per page impressions. Either way if you're a decent writer you will earn some income.

Constant Content- This site is not for your ordinary everyday blogger. This site gives you the option of submitting an article to them that is posted and available to be sold to anyone who would like to post the article on their website. Be careful, if they reject three of your articles because they weren't good enough, they will cancel your membership. So take a look at the type of articles they accept beforehand.

Valet park at nice hotels-It seems the extremely rich have not yet felt the sting of a slow economy. They are still traveling and they are still tipping their valets well. My brother-in-law recently started doing this for some extra cash. There two big advantages of this job.1. You go home with cash in your pocket every night.2.You get to test drive a Ferrari, Lotus, and a dozen different Benzes all night.

Multi Level Marketing- Sometimes called a pyramid scheme, most people shy away MLM. Most times it is a good idea but there are some programs that can earn you a some passive income. Think objectively before making any decision. Most MLM programs don't work but I know some people who are making about $1,000 a month. You can be successful at this but it does take some work.

Other ways to make money
-Ask for a raise
-organize events
-take surveys online
build a blog or website

Thursday, September 11, 2008

In Sickness and in Wealth By: Tom Justice (Guest Post)

For StartersWhen asked to name an effective way of obtaining wealth, a common answer is: "Invest". What is the problem with this answer? Well, the majority of respondents have very little or no money in their savings account. I see the beginning of wealth building in a different light. A saying that almost everyone knows but nearly no one applies is: "A penny saved is a penny earned". In today's culture it is definitely much easier to spend money than it is to save it. The average American is exposed to 247 advertisements in one day! Less than 5% of Americans have at least $3000 in savings and no debt. It is no wonder that most consumers struggle with saving money or grasping the concept of building wealth. We are mentally flogged with television and radio commercials, newspaper and magazine ads, billboards, signs, posters and even conversations. Whatever the method, it all serves one main purpose - to take your money and make it theirs.

Unveiling the Mystery
So with all those statistics and all that advertising, how in the world is it possible to build wealth? Well consider yourself ahead of the game already. By reading this article you are opening your mind to ideas and concepts which could help you to begin the process which is more than can be said for most people out there. A house starts with a single brick and the same is true with wealth building. You have to start with what you can and keep adding to it.

Why not jump in to stocks, mutual funds or other investments right off the bat? Life will continue to happen whether you plan for it or not. So plan for it. You must start with a lump sum of money in your savings account which has been referred to as an "emergency savings". A good figure for this is $1000. You MUST pay your savings first, before anything else. If you do not, your savings will not grow (or it may not happen at all). This extra money will act as a soft landing for any financial falls that can and will occur while you pay down other debts that are road blocking your way to building wealth. You must realize though; this money is first priority but can not be touched - ONLY for emergencies. By following these 2 steps:
1) Stocking up your savings with $1,000 and then2) Eliminating extra debts (with great fervor), you will prepare yourself for a much easier road to building wealth.

Making it Happen
You have to take action now or this whole savings thing will not happen. First, get a savings account. If you have one, find out what the interest rate is. Many have something like 0.25% to 1% (WHOOPEE!). Remember that you are not trying to make all your money in interest right now but since the money is going to sit you may as well look around. It is possible to land up to a 3-5% interest rate. Another option is a money market account to get a good rate although restrictions sometimes apply for things like early withdrawal fees and keeping a minimum amount in the account at all times. Secondly, as I stated earlier, take your savings off the top on payday. You have to make a painful change as well though. You may have to sacrifice some things to get that initial $1,000. This could mean no eating out or temporarily cutting out an expensive hobby. You also might want to try changing your phone company or downgrading your cable package. I hate this next idea but it is for a good cause: Drop your credit card payments below the minimum (JUST FOR NOW). Anyway, you get the idea. Cut some here - cut some there. Now, take all the figures you cut and add them together. This is what you will put in to your savings account until you reach $1,000. See, when the average person feels like they are getting ahead or even staying even, a setback occurs and sends everything spiraling downward. This is the hard part of building wealth and it is just the beginning (the first brick). However, without this extra money in savings you will tread water until you eventually drown, so stop thinking about it and start acting on it today.

Author BioTom Justice is the webmaster for Clean Credit Online and does all the designing, marketing, SEO and maintenance for the site. He has a passion for personal finance and how the economy and consumers are affected by money. To see how you can use Clean Credit Online to help you with your personal finances please visit
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