Make Money Online

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Feast & Famine: What to Do with Your Money in the Financial Extremes

by on May.12, 2012, under Make Money Online

Especially for those new to investing, but even for those with more experience, there is one basic, fundamental question that is formidably difficult to answer: What do I do with my money?

It might seem like a simple question, but the simplicity of its wording actually hides the complexity of thought that its answer requires. Knowing what to do with your money is the central challenge of investing, and is in fact what keeps most away from investing in the first place. The financial world for many is a foreign one that looks like a minefield from afar.

While there is no easy answer to the question of where your money should be going, there is one factor that will have more influence over the answer than anything else — and that is how much money you have available.

In broad strokes, you either have a surplus or scarcity, or you don’t. Meaning that you are struggling with money, you are in an average situation, or you recently had a windfall — most people fit more or less into one of these three categories. And it is these categories that will help you determine how to invest what you have. I am going to focus more on surplus and scarcity, as there are already a wealth of articles on personal finance for those in average situations.


There are fewer people in this category than either of the other two, for apparent reasons. Not everyone has the luxury of a surplus of cash. Whether you won the lottery, inherited money, save a large sum while serving in the military or anything else, having a large sum of money to work with puts you at an advantage, but also brings new challenges.

Cash is best used for emergency situations or short-term spending needs, such as groceries, entertainment, and so forth. Financial planners generally agree that an ideal cash savings equals 12 months of your regular monthly expenses combined.

If you are sitting on more cash than that, you’re in a great position, but are sacrificing an enormous opportunity to grow your money. In the current market, you don’t want to throw all your money into stocks or other long-term investments at once because you will be more likely to lose more of it, but you should have a long-term investment strategy planned.

Michael Kitces, a commentator on the financial-planning industry, recommends that you move portions of your cash into the market a little at a time, over a period of three, six, or even 12 months.


Another word for scarcity is “debt.” They are both scary words, as anyone with a substantial amount of debt knows, and certainly words that introduce doubt about the future into your life.

No one will contest that investing for the future is an important part of managing your finances, but if you are drowning it debt, it doesn’t make sense to be regularly contributing the highest amount possible to your 401(k) every month. Instead, you should be trying to wipe out your debt as quickly as possible.

J.J. Montanaro, a certified financial planner, points out that “if you make an extra payment on a credit card balance that has a 15 percent interest rate, that’s equivalent to earning a guaranteed 15 percent return on your money — a promise the stock market can’t match.” In other words, the more quickly you pay off your debt, the more you’ll save in interest, and the more you’ll have to invest later.

Of course, if it’s possible, you should make contributions to your investments where you can, making sure that you have your priorities in line. Most families are saving for retirement and for a college fund for their children at the same time; if you are struggling with money, it is always a better idea to put the college fund savings on hold, as there are numerous ways to pay for college, and very few ways to pay for retirement.

In addition to rearranging your finances, you might want to start thinking creatively about how to generate more income, and not just cutting back on expenses. Renting out a room in your house or getting a second job are great ways to help pay your debt of more quickly, so that you can get back to investing in the future.

Guest post by: Mariana Ashley is a freelance writer who particularly enjoys writing about online colleges. She loves receiving reader feedback, which can be directed to

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What is the Difference Between Personal and Business Class Email?

by on May.08, 2012, under Make Money Online

Millions of people all over the world have email addresses. Email is a great source of communication for professional and personal reasons. Because people use email for different reasons, there are personal and business class email options available for people to consider. Some people assume that a personal class email service can be used for […]

What is the Difference Between Personal and Business Class Email? is a post from: Moola Days

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Managing a Successful Retirement Account [Infographics]

by on May.08, 2012, under Make Money Online

Credit: Criag Murray from Managing a Successful Retirement Account [Infographics] is a post from: Moola Days

Managing a Successful Retirement Account [Infographics] is a post from: Moola Days

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Is it Actually Possible to Make Money with Twitter?

by on Apr.24, 2012, under Make Money Online

It’s no secret that people love to jump on the latest trends and fads. And right now social media sites are the cool thing to be on, with Twitter being among the most popular of them all. So naturally, there are thousands of people asking the same question every day…”Is it truly possible to make money with twitter?” The answer to that question is, YES!

However, with that being said, if you are going to be successful using Twitter to earn money online, you need to be absolutely sure you are not one of the many wannabe internet marketers out there doing it all wrong without a clue. This post will help you to avoid the dark side of tweeting for cash.

The first thing you need to know is that if you are going to sign up for Twitter with the intentions of spamming like crazy, you might as well forget about it. You will get reported and your account will be deleted before you have a chance to get anywhere with it. And even if you do happen to slide under the radar without getting deleted, you still won’t make any money because nobody will read your spam posts.

The best strategy for becoming successful at Twitter is by actually building up a following and legitimately participating in the community. It is a social networking type of site so you need to be social. You should talk about yourself and what you are doing with your life and business, give useful tips, be creative, helpful, and entertaining. Share information about your niche that your followers actually want to read.

If you have your own blog then one great way to semi-automate your participation is to integrate your blogging efforts with your social media efforts. Make it so every time you post it gets tweeted on your profile. Or maybe you have written a free report covering something about your niche that you are an expert on? Why not give it away for free to your Twitter followers? When you share useful information you will find that your followers will grow just by word of mouth sharing of your tips.

Obviously a great way to help all of this along is to publish the link to your Twitter profile anywhere it is allowed. This would be in your blogs sidebar, the signature file of forums you participate in, other social media site profiles, and so on. And if you submit articles to directories, they often have an option where each time you get an article published it will be tweeted out to all of your followers.

In the end, what you want all of this to do is build up a strong reputation for yourself. Once that has happened, you will find that the trust and following you have gotten will turn into a lot of sales if you roll out your marketing promotions strategically. Always contribute much more than you pitch sales. That is vital!

If used correctly there’s little doubt that Twitter can be quite profitable. It can certainly be used as one tactic for earning money online.

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How New Media Has Transformed Traditional Journalism

by on Apr.15, 2012, under Make Money Online

New communication technologies have always driven change in the media. From Gutenberg’s printing press to the internet – the media realm has undergone drastic transformations with each new medium, bringing methodologies and techniques that have defined and shaped journalism.

Come the age of internet and web 2.0 and we are witnessing a media metamorphosis like never before. Not only has the digital age made information dissemination faster and more efficient, it has fundamentally altered the direction of this information flow. Gone are the days when information used to flow in a one-way, “top-down” fashion, from the powerful media barons to the passive audiences. Now, thanks to the social media boom, the audience is actively involved in the kind of content that is aired and published in addition to producing that content themselves.

A technologically empowered public has given birth to new form of journalism altogether, popularly called “participatory journalism”, “grassroots journalism”, “citizen journalism” or “crowd-sourced journalism”.

Social media platforms like blogs, micro-blogging websites like Twitter and social networks like Facebook, MySpace, and Reditt etc are at the pinnacle of this new media revolution. The development of user-friendly, low cost or free online content management tools like Blogger, BlogSpot, WordPress, Tumblr etc have helped facilitate the rapid growth and popularity of independently managed websites that are now sharing the role that was traditionally occupied by the mainstream media.

While some established media owners and professionals have responded to this new “invasion of the audience” with suspicion, skepticism and even derision, others have gladly accepted it and integrated new media into the conventional newsroom. Audiences, readers or subscribers are now empowered by the multiple choices available in the marketplace that are faster at disseminating mews. Add to that the collapse in advertising revenue faced by a large number of media organizations globally, and you have the perfect formula that spells the demise of traditional print. Internet journalism in the form of news websites utilizing multimedia platforms, blogs and citizen journalism are now taking the place of mainstream print media.

The diminishing importance of print has been abetted by the competition from television news. Breaking stories are already broadcast on televisions and news websites as they happen, making their appearance in the next day’s newspaper pointless. Those who believe that newspaper provides analysis and in-depth reporting (that electronic media doesn’t), can find more dynamic versions of said in-depth reporting on news websites and blogs. By the time a story makes it to the news paper, it has already been covered with all possible angels on television channels and news websites.

Breaking grounds with breaking news

Anyone with even a little exposure to today’s social media would be able to vouch for how social networks and micro-blogging platforms like Facebook and Twitter have been effective mediums for breaking news along with providing discussions and analysis. A number of major news events have been broken and reported in-depth on the social media by citizens.

A major example is the news of Osama bin Laden’s killing which was first reported on Twitter by a Pakistani blogger Sohaib Athar when he unknowingly live tweeted the entire episode as US helicopters raided bin Laden’s compound in Abbottabad (Pakistan). After a number a number of tweets that served as a live report for the entire raid, Athar tweeted “Uh oh, now I’m the guy who live-blogged the Osama raid without knowing it”.

Similarly, reports of number of bomb blasts have often made it to twitter first before being reported on the local media. It is believed that the Mumbai terrorist attacks were first reported on Twitter. Describing the role played by Twitter in breaking the news, Twitter co-founder Biz Stone described how the first Twitter report of the ground shaking during earthquake tremors in California came nine minutes before the first associated press alert.


While these trends show how new technologies and new journalism concepts are being embraced by the mainstream media, there is a need for traditional media to be cautious in its use of social media. Concerns about credibility and ethics are not unfounded. There is always the risk of inaccuracy, deliberate misinformation and spin. As one of the fundamental principles of journalism holds, being right trumps being first. Only organizations that are able to adapt themselves to changing technology, while adhering to the essential principles of journalism, will be able to survive in the future.

Sohail Qaisar runs a technology review blog, which is also a guest posting blog. Checkout his article on a very interesting topic related to graphics cards, NVIDIA or ATI? If you want to write a guest article for his blog or hire him as a writer for your blog, then contact him through:

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