8 Top Business Tips for Success Today

03/16/2025 by

Business tips for success:

I read an article recently about a guy with a college degree who was disillusioned because he couldn’t find a job. At least not one that met his expectations relative to the type of job and income he felt his degree merited.

Well, it’s a tough world out there, as I’m sure you know only too well, dear reader. Despite what some people may think, the world doesn’t owe us a living. The world owes us nothing, and it’s down to us to make a life for ourselves.

Work is just doing stuff for other people in return for money and there will always be people with stuff that needs doing. So rather than seeking a job, perhaps we’d all be better off if we focused on seeking customers for services we could provide.

That’s at the heart of what business is all about, providing people with solutions to their problems for profit, and there’s much to be said for becoming an entrepreneur.

So today let’s explore some business tips for success, for all those wannabe entrepreneurs.

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The advantages of self-employment:

There are many advantages to being self-employed.

For instance, not having to deal with office politics is a big advantage.

And of course, being the beneficiary of all of the proceeds of your hard work is another good reason.

Instead of making a lot of money for other people, you could be making it all for yourself. The harder you work, the more you make for yourself too.

Unless you’re a lawyer or an investment banker, the chances are the only way you’ll ever make serious money is through building your own business. Building a business that, perhaps, you’ll be able to sell for a lot of money one day.

However, remember this; you might think that if you’re self-employed then you’re your own boss. Well, that’s not true. The customer is the boss, always.

Serve customers badly and you won’t be serving them for very long, that’s for sure.

The first rule of business is that you must know your customer.

You must gain a deep understanding of the products, services, and marketing that will appeal to your target customer.

One size will not fit all and each market will require a different approach.

Now going into business is not for the faint-hearted. You must be prepared to work very hard, at least in the early days, when you’re trying to establish your business.

However, if you can provide your target customers with real solutions to real problems then you can make serious money.

If someone else is already offering a solution to the target problem, then your solution must be better or cheaper than theirs in some way, if it is to sell.

Creating great products and offering great customer service is the route to business success.

However, never forget your reputation and image. These things matter too.

Make sure you create an image that will appeal to as wide an audience as possible. Running your own business will be a challenge but it can also be extremely rewarding, both financially and in terms of a sense of achievement.

Remember also that running a small business is not a whole lot different to running a large business. The only real difference is one of scale. The key issues are always the same.

So here are some top business tips for success for would-be entrepreneurs:-

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Top business tips for success today:

1. Control your costs:

Of the many business tips for success I could suggest, none can be more important than keeping an eye on the money.

Money comes into your business and money goes out. It’s that simple.

However, if you fail to ensure that the former is always greater than the latter, at least for most of the time, then trouble will follow at some point, whatever the size of your business.

Big businesses might be able to weather the storm a bit longer but the consequences of expenditure consistently exceeding income will be the same. Keep losing money and eventually, your business will go bust.

Take every opportunity to maximize your revenue and always keep your costs as low as you can. And never, ever lose sight of cash flow.

Don’t spend money unless it is necessary.

Ask yourself, do I need to spend this money? What will I get in return? Can I achieve the same result at less or even no cost?

It might surprise you to learn how frequently it is possible to avoid the cost, whilst still doing all the things big businesses do.

The key message here is that you must keep an iron grip on costs and you must manage cash flow carefully.

2. Do your own market research:

Every product should solve a problem for your customer and you should have some idea of what that problem is and how your product will solve it relative to other products offered by your competition.

Just because you think you’ve got a great product, doesn’t mean customers will see it that way. Your opinion means nothing if there are not enough people willing to buy your product at the price you want to charge for it.

If your product won’t sell then potentially your business could be in trouble.

Perhaps you think you’ve spotted a gap in the market?

If it’s a genuine gap then you might be on to a winner. However, a gap in the market doesn’t always guarantee that there is a market within that gap. Maybe there’s a reason for the gap which you’ve yet to understand.

In business, the trick is to find out what people want and then offer it to them.

How do you find that out?

One very good way is simply to ask them yourself.

I’m not referring to your family and friends here. They’ll be far too polite to give you any meaningful feedback.

You must talk to real customers, if and when you have them, and potential customers.

You can conduct some of your own market research in your local shopping mall or wherever you think your target customers might congregate. And don’t be shy. Only by talking to people can you confirm whether your ideas have real potential.

So, identify some basic questions, stand there with a clipboard and just start asking people, as politely as possible.

Often people will be far more helpful than you might expect.

And don’t forget you can always use the Internet too.

Search engines like Google have keyword search tools that are free to use. These tools allow you to get a ‘rough and ready’ measure of what people are searching for and how frequently.

And don’t forget social media. Facebook, Twitter, Reddit, and Quora, for instance, can be great channels for asking questions, so you can gauge what people think.

Market research doesn’t have to be expensive. As a small business entrepreneur, it is possible to do it yourself. You don’t have to spend a lot of money on this activity, but you must do it.

Your results might not be quite as scientific as those produced by professional market research people, but they will provide you with a rough guide and that’ll probably be good enough in the first instance.

3. Advertising costs money: is there a better way?

Another of the most important business tips for success has to be visibility. I cannot stress highly enough that visibility matters, both for your business and your products. It’s crucial.

Your products might be the best in the world, but they won’t sell at all if potential customers have no idea they exist. Surely that much is obvious.

The question is, how does any business ensure that customers have visibility of its products? The obvious answer is advertising of course.

However, media advertising can be costly, and it’s a cost that new businesses often cannot afford.

One small advert in the back of a glossy magazine can cost you a lot of money and yet you have to ask yourself whether that would be money well spent.

How often do you notice the small advertisements on the back of a magazine? In my case, the answer is not very often.

With so many advertisements competing for my attention, I tend to filter them all out. I’m willing to bet that you do too dear reader.

So, if you’re not careful, money spent on advertising can be money wasted in my experience.

A better approach might be to use some creative thinking with a focus on public relations.

Smart entrepreneurs know that business is show business. It’s all about getting noticed.

For example, the entrepreneur Richard Branson is a brilliant exponent at getting media attention at little or no financial cost to his business.

It helps that he’s a likeable guy, of course, but he’s also clever and creative in his approach.

If you have an interesting back story, perhaps the local press, local radio or even television might be willing to run a story on you and your business and the products you have to offer.

Social media can be a powerful medium for gaining attention for your business too.

Social media is also a useful way of driving traffic to your company’s website, particularly Pinterest, which is an incredible tool, in my opinion.

Then there’s using search engine optimization (SEO) techniques on your website content to ensure you drive traffic to your site from the search engines.

Let’s face it, you do need to appear on the first page of a Google search if there’s to be any chance of anyone noticing you and your business through search queries. So, if you can optimize your website for SEO, then you can get enormous amounts of traffic from Google and other search engines, like Bing and Yahoo.

Make sure you offer visitors to your company website the opportunity for signing up for a regular email newsletter. And give them the incentive to sign up.

This could be a free report or perhaps a discount code for one of your products.

How about running a competition using your company’s fan page on Facebook or your company website?

The price of a smartphone or a Kindle or other desirable electronic device as a prize would be cheaper than the cost of a small advert in a glossy magazine, but it’s more likely to get noticed and it’ll probably generate a lot more excitement.

If you have a car or van, don’t forget that it can be emblazoned with your company logo, your website details and product information on the back, sides and front. Even on the roof.

It would be free advertising as you’re driving around.

Park your vehicle at a big event attended by thousands of people and you’re beginning to master the art of guerrilla marketing.

The bottom line is that creative thinking and public relations can produce powerful results in your quest for visibility at a fraction of the cost of advertising. The key message is, be creative.

4. Don’t make yourself indispensable:

The biggest mistake any entrepreneur or business manager can make is to think that every decision should be made by them.

If you’ve started a business from scratch, you tend to form an emotional bond with it. It becomes your baby and you become very protective of it.

That’s natural of course, but as the business grows you’ll have so many things to do that you couldn’t possibly do them all.

You could try, of course. However, if you try to do everything you’ll find yourself falling behind in key areas like product sourcing, sales, and keeping your accounts up to date.

Fall behind, and it becomes very hard to catch up. Potentially it is also very damaging for the business.

So you have to learn the art of delegation.

A good start would be to document every task and process within the business and then create an Operations Manual. This can include everything from the preferred method for answering the phone to completing invoices and dealing with complaints.

It can also include the degree of flexibility which you are delegating to staff, so they can get on with basic tasks allowing you to get on with those activities which are much more important for achieving business success.

No business should be dependent solely on one person.

If it is, and that person gets seriously ill or has an accident, then obviously the business would be in trouble very quickly and it would struggle.

Delegate basic activities to your staff and you can be sure that the business will continue to function even when you’re not around.

It will also give you a bit more thinking time for steering the company towards bigger and better things.

The key message here is that you must delegate. Never delude yourself into thinking that only you can do a particular task.

5. Charge sensible prices:

If you’re to earn a decent income then any list of business tips for success must stress the importance of knowing the value you can add and know your worth too.

It’s easy when you’re a small business to undervalue your products and your time. The result is that you undercharge for what you have to offer.

This is particularly true when professionals are selling their expertise and time based on a consultancy arrangement.

It’s common for first-timers to lack the confidence to charge what they might perceive to be a high rate for their services.

The problem is that selling things cheaply can be counter-productive because customers then think they’re getting an inferior product or service and can be put off.

It is a fact that price can often be used as a proxy measure for quality when your business is being judged.

You have to be very business-like when considering the pricing of your products and services.

So look at what your competitors are charging and then analyse where you think your products and services fit into the market.

If you struggle with that idea, then you can always seek guidance from someone else, like a fellow business owner or your accountant.

However, you must always remember that you must believe in your products and services. If you don’t, then why should anyone else?

You must project confidence.

If you don’t have the courage of your convictions, then the chances are that your business will never succeed.

Believe in yourself and charge what you’re worth. Sell yourself based on the value you bring and the value you can add.

6. Make the best use of technology:

Sometimes small business owners think that because they are small they can only act in a small way. However, that can be a mistake.

Don’t be afraid to invest in your business. For instance, investing in up-to-date technology like the right phone system and websites, doesn’t have to be expensive but they can be the difference between a customer contacting you or not.

These days no business, large or small, can operate without a website.

And that website needs to be as user-friendly as it possibly can be.

Make sure your website provides customers and potential customers with the opportunity to sign up for a regular email newsletter. And as suggested earlier, offer them an incentive so they do sign up.

Ensure also that your telephone system allows customers to reach you at their first attempt. Certainly, customers won’t make too many attempts to call you before they’ll simply go elsewhere.

If you don’t know how to do all this yourself, then go on a course or seek guidance from someone with the right expertise.

Good communications will pay handsome dividends over time.

7. Set goals:

Another in this list of business tips for success, that I want to stress here, is the importance of goal-setting.

You have to know what it is you’re trying to achieve if you’re to have any chance of successfully achieving it.

Never set your sights too low either. Set yourself a challenge and then put all your energy into achieving it.

Once you’ve set a goal then you need to establish a plan as to how it is going to be achieved.

For instance, if your goal is to achieve a certain level of turnover over the next year, you have to break that down into the small steps you will need to take for it to be achieved.

How many sales will you need to achieve each day, each week, and each month?

What implications will those sales targets have for production?

Do you have enough sales staff to generate that amount of business?

And so on.

Always create a plan and review it regularly, making adjustments as and when necessary.

8. If you got a great idea, then do something with it:

How many great ideas never see the light of day because the person with the idea fails to do anything about it?

And how many times does someone with an idea see someone else come along with the same idea and beat them to market?

Let me give you an example. Two years ago I thought up a great idea for a tee shirt slogan. However, I was busy and so in the end I didn’t do anything about it. Fast forward two years, and the other day I noticed one of the best-selling teeshirts on Amazon was one bearing the slogan that I’d thought up.

Someone else had the idea too, but they did something about it. And they’re now benefitting from the income generated. From my standpoint, a great opportunity was missed.

Procrastination stops many entrepreneurs from cashing in on a great idea. Don’t let this be you.

If you’re waiting for the perfect time to do anything, you will be waiting for the rest of your life. Now is always the perfect time to start.

Don’t wait until you think the economy will be better or your children have left home or some other arbitrary barrier.

The right time to start your business is right now.

So go for it. Yes, you’ll make mistakes. You won’t get everything right the first time. You won’t become an instant millionaire either.

However, by getting started you’ll be heading in the right direction and you’ll learn along the way.

Hard work combined with implementing good ideas will get you there eventually.

Concluding Remarks:

I hope these business tips for success prove useful to you, dear reader.

However please note, this blog post was not intended to be a comprehensive guide for entrepreneurs.

You’ll find many excellent books on the subject and I recommend that you make a point of reading as many of them as you can because educating yourself is always a good idea.

It doesn’t have to be formal education. Self-education can be just as good in practice. And then, of course, you can start creating your list of business tips for success.

And the best form of education, in my experience, is to learn by doing. You will make mistakes but the lessons learned from those mistakes will be far more valuable to you than anything anyone can teach you in a classroom.

Being an entrepreneur can be a roller coaster ride but it can be a fantastic and enriching experience too. So if it appeals to you, go for it.

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If you found these business tips for success useful, then please share them on social media with your friends. When you share, everyone wins.

So go on, please share this post now. If you can do that for me, I’ll be forever grateful and you’ll be helping a keen blogger reach a wider audience.

Thank you for your support, dear reader.

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Earn Real Money: Top Strategies for Financial Success in 2025

03/03/2025 by

If you’re looking for ways to earn real money, this article is for you.

Do you want to boost your finances without leaving home?

Well, there are now dozens of legitimate ways to earn extra cash online through various websites and apps.

You could earn thousands of pounds per year from your sofa without special skills or qualifications.

From completing online surveys and watching videos to self-publishing digital books and playing mobile games, the opportunities are wide-ranging.

Many platforms like Swagbucks offer multiple earning methods including cash-back for shopping and simple tasks that fit into your daily routine. Others, like Mistplay, allow you to make money playing games on your mobile phone.

The key is knowing which platforms are genuine and understanding how to maximize your earnings from each.

Most of these methods won’t replace a full-time income, but they can provide a meaningful financial boost when used consistently and strategically.

Key Takeaways

  • Legitimate online earning opportunities include surveys, video watching, and cashback shopping that can be done from home with no special qualifications.
  • Mobile apps provide flexible ways to earn through gaming, completing small tasks, and participating in reward programmes.
  • Combining multiple income streams yields better results than focusing on a single method for maximizing your online earning potential.

DISCLAIMER: In this article the reader is presented with ideas that have worked for other people. However, you must do your due diligence before making any commitment in either time or money.

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Earn Real Money

Exploring Online Surveys and Focus Groups

Sharing your opinions online can turn spare time into actual cash. Many companies pay for consumer feedback through surveys and focus groups, providing a legitimate way to earn extra money from home.

Maximising Earnings from Surveys

Online surveys offer a simple entry point to earning money in your spare time.

Sites like Swagbucks allow you to complete short questionnaires for cash or gift vouchers. While individual surveys might pay modestly, strategic participation can add up.

To maximise earnings, create accounts on multiple platforms such as Branded Surveys and Survey Junkie. This approach ensures you’ll never run out of surveys to complete.

Tips for survey success:

  • Complete profile questionnaires fully to receive more targeted surveys
  • Check emails daily for high-paying survey invitations
  • Look for sign-up bonuses when joining new platforms
  • Set aside dedicated time each day for completing surveys

Be realistic about earnings—most surveys pay between £0.50 and £5 depending on length and complexity. Consistency is key to making this method worthwhile.

Participating in Focus Groups for Cash

Focus groups offer substantially higher pay than standard surveys.

These sessions typically involve more in-depth discussions about products or services and can pay between £40 and £200 per session.

Many market research companies now conduct focus groups online via video calls, making participation more convenient. Sessions usually last 1-2 hours, offering excellent hourly rates.

Top focus group platforms:

Unlike surveys, focus groups aren’t daily opportunities. However, participating in just one monthly session could earn you significantly more than dozens of standard surveys.

Leveraging Task-Based Platforms

The gig economy offers flexible ways to earn income through task-based platforms that match your skills with people willing to pay for them. These platforms have transformed how people work, allowing anyone to monetise their talents or spare time.

Finding Freelance Gigs on Fiverr and Upwork

Task-based earning opportunities on Fiverr and Upwork are excellent starting points for freelancers. These platforms connect skilled individuals with clients seeking specific services.

On Fiverr, freelancers create “gigs” in categories like graphic design, writing, or programming. Pricing begins at £5 but can increase substantially with additional services or expertise. Building a strong profile with detailed descriptions and portfolio samples increases visibility.

Upwork operates slightly differently, with freelancers bidding on posted jobs. The platform takes a percentage of earnings, typically 5-20% based on your client relationship history. Successful Upwork freelancers:

  • Create detailed profiles highlighting qualifications
  • Set competitive yet fair rates
  • Specialise in high-demand niches
  • Maintain prompt, professional communication

Both platforms offer protection through secure payment systems and dispute resolution services.

Earning as a Field Agent or Task Rabbit

For those preferring physical tasks over digital work, platforms like TaskRabbit connect people with local gigs. Users can earn money assembling furniture, doing deliveries, or helping with household projects.

Field Agent offers opportunities to complete retail audits, mystery shopping, and market research tasks. Workers use the mobile app to find nearby assignments, often involving visiting shops to check merchandise displays or collect pricing information. Most tasks pay £5-20 and can be completed during regular shopping trips.

Requirements typically include:

  • Smartphone with reliable internet
  • Transportation for reaching locations
  • Attention to detail
  • Basic photography skills

Payment processing occurs weekly or bi-weekly through direct deposit or PayPal. The flexibility allows workers to accept only tasks that fit their schedule and location preferences.

Understanding Cash-Back and Reward Apps

Cash-back apps offer a simple way to earn money on purchases you already make.

These digital tools connect shoppers with retailers who provide rewards for transactions completed through their platforms.

Maximising Savings with Rakuten and Ibotta

Rakuten operates primarily as an online shopping portal where users can earn extra cash on everyday purchases.

To use it effectively, shoppers must start their online shopping journey through the Rakuten website or app before completing a purchase.

The app pays quarterly via PayPal or cheque, with rates typically ranging from 1% to 10% depending on the retailer. Some special promotions can offer even higher percentages during sales events.

Ibotta works differently by focusing on in-store purchases. Users need to:

  • Browse available offers before shopping
  • Purchase qualifying items
  • Upload receipts to verify purchases

Ibotta offers cash back on groceries, clothing, and even alcoholic beverages. The app requires a minimum of £20 in earnings before withdrawal options become available.

Another such website is TopCashBack which operates in a similar way to Rakuten. Purchase through the site and you’ll get cash back.

Earning with Fetch Rewards and KashKick

Fetch Rewards simplifies the process by awarding points for any receipt you upload, regardless of where you shop. These points convert to gift cards for popular retailers like Amazon, Tesco, and Sainsbury’s.

Special branded items earn bonus points, making it worthwhile to check promotions before shopping. Many users appreciate that Fetch doesn’t require pre-selecting offers.

KashKick offers multiple earning methods beyond traditional shopping, including:

  • Completing surveys
  • Watching videos
  • Trying new services or apps

Payments are made via PayPal once users reach the £10 threshold. The platform partners with various services across different industries, from travel bookings to tax preparation services.

Unlike some competitors, KashKick doesn’t use a point system—all earnings are displayed in actual currency values, making it easier to track your rewards.

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Delving Into Passive Income Streams

Passive income offers opportunities to build wealth with minimal ongoing effort after initial setup. These methods can supplement regular earnings whilst you focus on other priorities.

Investing with Acorns and Real Estate Platforms

Micro-investing has revolutionised wealth building for beginners. Acorns and similar platforms allow individuals to invest spare change from everyday purchases into diversified portfolios. This approach requires minimal capital to start and operates quietly in the background.

Real estate investing no longer demands large capital outlays. Property crowdfunding platforms enable investors to:

  • Purchase fractional shares of properties
  • Earn rental income without landlord responsibilities
  • Benefit from property appreciation
  • Start with as little as £100 in some cases

Cryptocurrency staking presents another investment avenue, where holders can earn interest by holding certain digital currencies in specialised wallets. Some networks offer 5-12% annual returns, though this comes with unique market volatility risks.

Understanding Affiliate Marketing and Online Returns

Affiliate marketing creates income through product recommendations. When someone purchases through an affiliate’s unique link, the marketer earns a commission. Success requires:

  • Building an audience through blogs, social media, or YouTube
  • Recommending products that genuinely help followers
  • Creating authentic content that establishes trust

Many wealth-builders generate £500+ monthly through strategic affiliate relationships.

Reselling digital products offers another efficient income stream. Creating items once (e-books, templates, courses) and selling them repeatedly creates true passive income. Online marketplaces handle transactions, delivering products automatically to buyers whilst creators receive payments without further effort.

These methods require upfront work but can eventually generate income with minimal maintenance, making them popular among those seeking financial independence.

Profiting from the Gig Economy

The gig economy offers multiple ways to earn money through flexible, temporary work arrangements. Platforms like Uber, Doordash, Instacart, and Poshmark provide opportunities to generate income based on your schedule and preferences.

Earning with Uber and Doordash

If you own a car, driving for Uber can be a lucrative way to earn money. Drivers typically earn £10-20 per hour depending on location and time of day. Peak hours (evenings and weekends) often yield higher earnings due to surge pricing.

Setting up an account requires:

  • Valid driving licence
  • Vehicle insurance
  • Background check
  • A vehicle that meets requirements

Doordash offers another transport-based opportunity. As a “Dasher,” one delivers food from restaurants to customers. This requires less stringent vehicle requirements than Uber.

Pro tip: Many successful gig workers combine both platforms, switching between them to maximise earnings based on current demand. They track which service pays better during specific times and adjust accordingly.

Building an Income with Instacart and Poshmark

Instacart shoppers can earn money by shopping for and delivering groceries. The platform offers two roles: in-store shoppers (part-time employees who prepare orders) and full-service shoppers (independent contractors who shop and deliver).

Full-service shoppers typically earn £10-15 per hour including tips. The job requires:

  • Reliable transport
  • Smartphone
  • Ability to lift grocery items
  • Good knowledge of produce selection

Poshmark offers a different gig opportunity through its clothing resale platform. Users photograph and list unwanted clothing items, set prices, and ship sold items to buyers.

The average Poshmark seller earns £700-£1,000 monthly with dedicated effort. Success on the platform depends on:

  • Quality photography
  • Detailed descriptions
  • Prompt shipping
  • Active engagement with potential buyers

Many combine these platforms to create a diversified income stream.

Generating Revenue Through Gaming and Apps

The digital landscape offers numerous opportunities to earn money whilst playing games or using apps on your mobile device. Gaming apps utilise various methods to generate revenue, including in-app purchases and mobile advertising, which they can share with users willing to participate.

Monetising Gameplay with Mistplay and Bingo Cash

Mistplay rewards users for playing games through a point-based system that converts to real cash. Players earn units by downloading recommended games and actively playing them. The more time spent playing, the more points accumulated, which can be exchanged for gift cards from popular retailers.

Bingo Cash offers a competitive approach where players compete in real-time Bingo tournaments against others. Unlike traditional gaming, these apps allow users to wager small amounts and potentially win larger sums based on skill level and tournament performance.

Both platforms use secure payment methods and have established track records of actually paying users. Success typically requires consistent gameplay and strategic approaches to maximise earnings.

Leveraging Apps That Pay You While Watching Videos

Several apps have developed business models that pay users simply for watching video content. These platforms generate income through advertising revenue and share a portion with viewers.

Apps like Swagbucks and InboxPounds reward users with points for watching advertisements, product reviews, and sponsored content. These points can then be converted to cash via PayPal or gift cards.

The earning potential varies based on time invested and availability of content. Most successful users establish daily routines, watching videos during commutes or downtime. Though individual video rewards may seem small (typically pence rather than pounds), consistent usage can accumulate to meaningful amounts over time.

Many of these apps also offer additional earning methods like surveys and cashback shopping to supplement video-watching income.

Evaluating the Platforms for Reselling and Crafts

Finding the right platform to sell your crafts or resell items is crucial for earning consistent income online. Different marketplaces offer unique advantages depending on your products and business goals.

Succeeding on Etsy and Poshmark

Etsy stands out as a premier marketplace for handmade items, with artisans earning an average of £49,180 annually. The platform’s focused audience means buyers come specifically seeking unique, handcrafted goods.

Tips for Etsy success:

  • Use high-quality photos with natural lighting
  • Craft detailed product descriptions with relevant keywords
  • Price competitively but value your craftsmanship
  • Respond promptly to customer enquiries

Poshmark excels for fashion resellers. Unlike Etsy, it’s perfect for pre-loved clothing and accessories. The social aspect of Poshmark requires active engagement.

Poshmark strategies:

  • Share listings regularly
  • Participate in “Posh Parties”
  • Follow trending sellers
  • Offer bundle discounts to encourage multiple purchases

Flipping Items on Decluttr and eBay

Decluttr specialises in technology, media and entertainment items. It’s brilliantly straightforward – scan barcodes, receive an instant valuation, and ship items for free.

The platform works best for:

  • CDs, DVDs and Blu-rays
  • Mobile phones and tablets
  • Gaming consoles and games
  • Books with ISBN numbers

eBay remains the versatile giant for resellers, with its massive audience and auction format potentially driving higher profits. The broad customer base means virtually any item can find a buyer.

eBay profit tactics:

  • Research completed listings for accurate pricing
  • Use the scheduled listing feature for peak buying times
  • Offer free postage when possible
  • Build positive feedback through excellent service
Time Management Techniques

Frequently Asked Questions

People around the world want to know how to earn real money online. These questions cover the most common inquiries about legitimate income opportunities, payment methods, and verification of authentic platforms.

What are effective ways to earn money online without an initial investment?

Several methods exist to earn money online without spending anything upfront. Completing surveys on platforms like Answeree allows you to accumulate points that convert to cash.

Content creation on social media platforms can generate income through partnership programmes and sponsorships. This requires only time and creativity rather than financial investment.

Offering freelance services based on existing skills such as writing, graphic design, or virtual assistance provides another no-cost entry point to online earning.

How can one quickly receive funds into a PayPal account by performing online tasks?

Many platforms offer PayPal payments for completing simple tasks online. Money-making apps often partner with PayPal for swift transfers after completing surveys, watching videos, or testing products.

Microtask websites pay for small jobs like data entry, transcription, or image tagging with funds typically delivered within 24-72 hours. Some services even offer same-day processing for regular contributors.

Which applications offer a daily payout for performing simple activities?

Several apps provide daily payment options for basic activities. Rewarded Play pays users for playing games and watching advertisements, with earnings available quickly.

Cash advance apps often provide same-day transfers for completed tasks. Some cashback applications transfer rewards within 24 hours of qualifying purchases or activities.

What genuine games can I play to earn real money?

Legitimate gaming opportunities exist across various platforms. Tournament-style gaming apps allow players to compete for cash prizes based on skill level and performance.

Game apps in the UK and elsewhere reward players with points convertible to real currency or gift cards. Some platforms pay users for testing new games and providing feedback to developers.

How can I identify platforms that pay authentic cash for online work?

Verification methods help determine legitimate paying platforms. Check for established payment history by reading reviews on independent websites and forums.

Look for transparent payment terms including minimum payout thresholds and processing times. Legitimate platforms typically offer multiple secure payment options such as bank transfers, PayPal, or gift cards.

Are there any free mobile applications that provide instant monetary rewards?

Many free apps offer quick payment for various activities. Real money-making apps provide instant or same-day rewards for watching advertisements, completing surveys, or shopping through affiliate links.

Scanning receipt apps pay users for uploading shopping receipts, with payment typically processed within 24-48 hours. Some cashback applications provide immediate rewards for qualifying purchases at partner retailers.

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Types of debt and why they matter

03/02/2025 by

If you’re just starting your financial education, then a good starting point would be to understand the different types of debt and why they matter.

I categorize debt as either good debt or bad debt.

Understanding the difference between the two is essential if you don’t want to remain poor all your life.

Do you carry some debt, dear reader? If you do, you’re not alone.

Now you may think that debt is just part of life, and you may even believe that debt can’t be avoided.

Debt is certainly very hard to avoid; that much is true.

However, don’t forget that personal debt is a burden on us because it has to be serviced and eventually repaid.

Yes, it may be a burden you can’t avoid, but it’s no less stressful potentially for that technicality.

For emphasis, let me repeat, in my opinion, there’s good debt and then there’s bad debt.

The obvious question is: when is a debt considered bad debt? To put it another way, when is debt a bad idea?

Let’s consider some examples of debt.

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1. Secured Debt:

Buying a house is an example of secured debt.

When buying a house, most people need a mortgage, which is of course debt.

However, as long as you don’t overstretch yourself, mortgage debt is usually manageable for most people. And a lender will rarely allow you to overextend yourself these days.

With a mortgage, the debt is secured against your property, so the risk for the lender is small.

If you fail to repay the mortgage loan, a lender simply repossesses the property and sells it to recover their money.

So because the associated risk to the lender is low, interest rates on secured debt are low too.

Coupled with long repayment periods, typically around 25 years, the monthly repayments on a mortgage are not significantly different from what you might pay if you rent a property.

So, borrowing to purchase a property is good debt because eventually you’ll repay the debt and own the property, assuming you repay in full.

It’s good debt because it results in the long-term acquisition of a valuable asset.

You need a roof over your head, of course, so buying with a mortgage makes good financial sense because at least you’ll own the property in the future.

And with luck, you’ll enjoy some capital appreciation on the value of the property too. That’s not guaranteed, of course, but historically, that’s been the trend for those holding property assets for an extended period, certainly in the United Kingdom.

In summary, secured debt bears the lowest interest rates and leads to the acquisition of a valuable asset. So in my opinion, that makes it a good form of debt.

2. Unsecured debt:

When is debt a bad idea? The simple answer is that when it’s an unsecured debt.

And what’s unsecured debt?

It’s a debt against which nothing valuable has been put up as security.

If the borrower fails to repay, the lender has nothing it can repossess to sell on to recover the balance outstanding. So for the lender, that represents increased risk.

And because unsecured debt has no form of security to compensate, the interest rate charged by the lender will be high, and sometimes very high.

The interest rate charged reflects the risk to the lender. The higher the risk, the higher the interest rate applied.

Lenders recognize that there’s a risk that a proportion of their clients will fail to repay unsecured loans, so those who do make the repayment in full have also paid a premium to protect the lender from any losses they might have incurred due to non-payment by others.

There will be occasions when unsecured debt is unavoidable.

For instance, young people just starting out might need some basic items of furniture for their homes. A bed would be a good example. You must have one, and if you can’t afford it, then you might need to use a hire purchase arrangement. Handled with care, then this shouldn’t be a huge problem. But care is essential.

3. When is debt a bad idea?

So when is unsecured debt a bad idea?

Put simply, when you start buying with unsecured credit that which you could live without. That gadget you couldn’t resist or those shoes that looked nice in the store. Non-essentials you could have lived without until you had saved the money to pay for them.

You know the experience, I’m sure. You see something you can’t resist, out pops your flexible friend, and an impulse purchase is made before you’ve thought about whether it was a good idea or not.

The reckless use of credit cards, store cards, and payday loans can be a disaster because this type of debt is not secured against anything, so naturally, the associated interest rates applied are very high.

Credit card or store card debt can bear interest rates of around 30% or more.

In the UK, payday lenders have been known to charge interest rates equivalent to 3000%, 4000%, or even 5000%.

I find it hard to believe people fall for these loans, but they do. I guess if people are desperate sometimes, perhaps they feel they have little choice.

4. The magic of compounding:

Why does this matter? The simple answer is the magic of compound interest.

The compounding effect of high rates of interest will quickly turn small sums borrowed into enormous sums owed.

For instance, if you borrow $1,000 at 3% interest, after five years you’ll owe $1,159, assuming nothing was repaid.

However, if you borrow $1,000 at 35% interest, then after five years you’ll owe $4,484, again that’s assuming nothing was repaid.

The difference is a massive $3,325. And more importantly, the value of your debt has also quadrupled.

So when interest rates are high, even if you make minimum payments, your debt can grow rapidly if you’re not careful.

And that’s when you can become enslaved by your debts.

And that’s why it matters. Ultimately, this burden can become very stressful.

5. Manage your money:

Far too many people borrow money in the form of unsecured debt to purchase discretionary items. That’s items they could live without if push came to shove.

Wasting money in this way is a bad move. Not just bad; it’s seriously stupid.

I recommend that you follow this simple rule:

If you can live without it, never use debt to buy it.

Yes, of course, it’s nice to have the latest smartphone or the latest television or whatever but is it worth the pressure of unnecessary debt?

When high rates of interest start pushing up the sum outstanding significantly, you have to ask yourself, will the burden of this unnecessary debt still seem worth it? I doubt it.

Wouldn’t it be better to wait until you’ve saved up the money to make the purchase instead?

Wouldn’t it also be cheaper in the long term to save up and buy the product when you have the money? You’ll appreciate the item so much more too.

The message is simple:

Manage your money or your money will manage you:

6. Debt is a form of slavery:

Being indebted is just a form of slavery. It’s as simple as that. And, once again, that’s why it matters.

For as long as you owe money, you can never be truly free.

If you’re debt-free, then you’re stress-free too. Wouldn’t you prefer to be debt-free and stress-free?

Good debt will help you, but bad debt will make your life a misery.

7. Conclusion:

Put simply, there are two types of debt, good and bad.

Debt is either secured or unsecured.

Interest rates on the former will be relatively low, whereas interest rates on the latter can be very high.

Interest rates matter because of the compounding effect.

Unsecured debt can be the road to the poor house, particularly if you use it to buy the stuff you could live without with credit that bears interest rates that are very high.

The type of debt that’s bad will enslave you, and it’ll become increasingly stressful.

If you only take one message away from this article, it is to avoid bad debt.

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How to Become Wealthy in 5 Years: A Roadmap for Growth

01/27/2025 by

This article explores how to become wealthy in 5 years.

Wealth building often evokes images of overnight success and incredible riches. While such scenarios may exist in rare instances, they are far from the norm. True wealth, encompassing financial abundance and personal fulfilment, demands a more nuanced and strategic approach.

This article aims to debunk get-rich-quick myths and unveil a practical roadmap for building sustainable and meaningful wealth within a five-year timeframe.

The journey begins with clarifying a definition of wealth.

Everyone’s idea of what wealth means is different. For some, it might be about financial freedom, early retirement, and accumulating assets. For others, it might be achieving a degree of affluence to live comfortably.

Defining your “why” helps you navigate financial decisions and avoid chasing empty metrics.

Next, assess your current financial standing.

Track your income, expenses, and debts. Knowing where you stand is crucial for crafting a realistic plan.

Now, consider the core principles for wealth building:

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DISCLAIMER: This essay is for informational purposes only and should not be considered financial advice. Always consult with a qualified professional before making investment decisions.

Part 1: Financial Wealth: How to Become Wealthy in 5 Years:

  1. Cultivate a saving mindset: This is the bedrock of financial health. Aim to save 15-20% of your income every month. Automate a portion into savings or retirement accounts to make it effortless. Prioritize needs over wants and cut back on non-essential expenses. Remember, small savings can snowball over time.
  2. Optimize your income: While saving is crucial, maximizing your income accelerates wealth building. Seek salary raises, promotions, or upskilling opportunities within your current field. Explore avenues for additional income, like freelancing, side hustles, or investing in rental properties. Diversifying your income streams mitigates risk and creates opportunities for exponential growth.
  3. Master debt management: High-interest debt can cripple your financial progress. Prioritize paying off high-interest debts like credit cards or payday loans. Consider strategies like debt consolidation or snowballing (focusing on smaller debts first for momentum).
  4. Embrace the power of investing: Put your savings to work! Invest in assets with the potential for long-term growth, like stocks, bonds, or real estate. Start with low-risk, diversified options like index funds and gradually venture into riskier ventures as your knowledge and comfort level grow. Seek professional guidance when necessary. And unless you’re already an expert, it will be necessary.
  5. Educate yourself: Knowledge is power, especially in finance. Read books, attend workshops, and consult financial advisors to broaden your understanding of managing money, investing, and tax optimization. Continuous learning fuels informed decisions and empowers you to take control of your financial future.
  6. Live purposefully: Wealth extends beyond material possessions. Invest in your health, relationships, and personal growth. Pursue hobbies you enjoy, connect with loved ones, and engage in activities that bring meaning to your life. Living a fulfilling life alongside financial security is true wealth realized.

Remember, the path to wealth is a marathon, not a sprint.

Consistency, discipline, and patience are key.

Celebrate milestones, but stay focused on long-term goals.

Be adaptable and resilient. Occasionally, unforeseen circumstances may arise, requiring adjustments to your plan.

Seek support from financial professionals and a community of like-minded individuals.

5 Year Plan:

Here are some actionable steps to take within the next five years:

Year 1:

  • Create a detailed budget and track your spending.
  • Pay off high-interest debt and establish an emergency fund.
  • Increase your income by at least 10%.
  • Open an investment account and start with low-risk options.

Year 2:

  • Max out contributions to retirement accounts.
  • Explore additional income streams through side hustles or investments.
  • Diversify your investment portfolio.
  • Seek financial advice and education.

Year 3:

  • Re-evaluate your budget and adjust as needed.
  • Review your investments and rebalance your portfolio.
  • Increase your risk tolerance for higher potential returns.
  • Implement tax-saving strategies.

Year 4:

  • Focus on growing your income streams significantly.
  • Consider larger investments like real estate or business ventures.
  • Build a passive income stream.
  • Help others achieve financial literacy and build wealth.

Year 5:

  • Assess your progress and adjust your plan if necessary.
  • Celebrate your achievements and set new goals.
  • Continue learning and adapting to changing economic landscapes.
  • Enjoy the fruits of your work and share your success with others.
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Conclusion No 1:

Wealth building is not a guaranteed formula but a continuous growth and learning journey.

By embracing mindful spending, disciplined saving, proactive investments, and a commitment to personal fulfilment, you can set yourself on a path to achieve sustainable and meaningful wealth within five years and beyond.

Remember, the definition of wealth is personal. Tailor this roadmap to your unique goals, values, and circumstances. Stay committed, learn continuously, and adapt as you journey towards a financially secure and fulfilling future.

Part 2: Beyond the Numbers – Integrating Values and Impact

While the previous section outlined a practical framework for building wealth, true financial well-being extends beyond accumulating mere numbers. Integrating your values and considering the impact of your financial decisions are crucial for shaping a sustainable and fulfilling journey.

1. Alignment with Values:

  • Ethical Investing: Choose investments that align with your values, such as sustainable practices, fair labour standards, or responsible resource management. Consider impact investing or socially responsible funds to support positive societal change.
  • Philanthropy and Giving Back: Allocate a portion of your wealth to causes you care about, be it through donations, volunteering, or supporting community initiatives. Giving back not only creates a positive impact but also fosters a sense of purpose and strengthens your connection to your community.
  • Living Sustainably: Make conscious choices that minimize your environmental footprint and promote responsible consumption. Reduce your carbon footprint, support local businesses, and choose eco-friendly products. Living sustainably aligns your financial choices with environmental and ethical values.

2. Building Strong Relationships:

  • Financial Transparency with loved ones: Open communication about finances with your partner, family, or close friends can ease burdens, foster trust, and prevent future financial conflicts.
  • Sharing Your Expertise: Utilize your financial knowledge to empower others. Whether mentoring young adults, sharing tips with friends, or volunteering for financial literacy programs, helping others navigate their finances creates positive ripples within your community.
  • Investing in Relationships: True wealth also encompasses strong connections with loved ones. Prioritize quality time with family and friends, invest in experiences, and nurture these relationships. Strong social bonds contribute significantly to overall well-being and happiness.

3. Embracing Purpose beyond Wealth:

  • Define your life goals: While financial security is important, it’s not the sole purpose of life. Explore your passions, interests, and skills. Develop goals beyond financial accumulation that contribute to your personal growth and sense of fulfilment.
  • Contribute to society: Seek opportunities to use your talents and resources to make a positive impact. Take on leadership roles, mentor young people, or volunteer your time and skills to a cause you care about. Living a life of purpose brings immense satisfaction and enriches your community.
  • Find joy in the present: While striving for future goals is important, don’t neglect the present moment. Practice mindfulness, appreciate experiences, and find joy in everyday interactions. Appreciation for the present leads to a more fulfilling and meaningful life.

Remember, wealth is not a singular destination but a continuous journey of learning, growth, and impact. By integrating your values into your financial decisions, building strong relationships, and embracing a purpose beyond wealth, you can create a fulfilling and sustainable path towards financial prosperity and personal well-being.

Conclusion No 2:

Building wealth is important, and working towards financial freedom is a worthy aim. However, a more holistic perspective on wealth building will inspire you to create a journey that aligns with your vision for a meaningful life.

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Steve Jobs’ Top 10 Rules For Success to inspire you

12/16/2024 by

If you’re looking for the Top 10 Rules for Success, many people will give you a list.

However, no two lists will ever be the same. And few people have real experience of success anyway. Surely the only people worth listening to are those who’ve been there and done it? People who are genuinely successful by any measure.

And so to today’s underlying message.

My point is that if you want success, then you’d be wise to look for successful people and copy what they do.

If it worked for them, then the chances are it can work for you too.

The late Steve Jobs is not only an icon, but he was also a great role model to use as your template for achieving real success.

This is the man who made Apple what it is. So, he’s worth listening to.

In the embedded video, Steve Jobs offers his Top 10 Rules for Success. I recommend that you watch this video; it is inspirational and well worth a few minutes of your time.

Top 10 Rules for Success

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What matters most in life? People or money?

02/18/2024 by

What matters most in life? People or money? Think about that for a second or two.

Occasionally, I’m sure we all think to ourselves, “Wouldn’t it be wonderful to be rich and financially secure?“

It sounds fantastic, doesn’t it? Money, money, money!

You’d be able to do whatever you want, travel anywhere, and buy anything. Whether it’s a nice house, a fabulous car, the best clothes, the latest fashions, or the latest gadgets, you could have them all.

No more searching for cheap flights or even cheaper holidays.

And you wouldn’t have to worry about a job anymore, would you?

Wealth would mean the end to all your problems, surely?

Wealth is not a life without problems:

If only it were that easy, dear reader. Wealth, if you had it, might eliminate some of your problems, but it would also present you with lots of new ones.

Remember, riches may be chains of gold, but chains of gold are still chains.

Everyone has problems, regardless of any wealth and privileges they may enjoy. They’ll just have different problems.

Caretaker of your possessions:

If wealth is something you’ve yet to experience, then it may not be obvious to you, but once you’ve got plenty of money, you become the caretaker of your possessions.

You worry about losing your wealth. And you worry about the volatility of financial markets and how your wealth will be affected, both now and in the long term.

When you’ve got money, plenty of people will be hoping they can separate you from at least some of it. It seems like everyone is trying to sell you something and/or give you advice at a price.

Others will resent your wealth:

And don’t forget, many people will resent you for your wealth. Not everyone will be happy for you, that’s for sure.

Then you become a magnet for criminals, con artists, and even politicians who want a piece of your wealth.

You don’t know who you can trust anymore. Do people become your friends because they like you, or are they simply after your money? Once you’ve got wealth, it’s virtually impossible to know.

The impact of instant wealth:

However much you may dream of winning the lottery, for instance, it would have an impact on your life in ways you couldn’t begin to imagine. It wouldn’t solve all your problems; it would present you with many more.

If you’ve suddenly gained wealth and your friends haven’t, then your relationship with them is unlikely ever to be the same again. Even if you share some of your sudden wealth with them, it’s unlikely to help.

Whatever you share with people from your winnings, will just create tensions within your friendship group. Why did you give her X and I only got Y? That will be one accusation you’ll hear frequently, for instance.

What matters most in life? 

If you are wealthy, dear reader, I’m pleased for you. Enjoy it all.

For those people working hard to become rich, good luck to you. I hope you achieve your goals and enjoy your wealth when you find that pot of gold at the end of the rainbow.

However, whatever your financial circumstances, never forget this: only people matter.

You can have all the money in the world, but without your family and close friends, you would have absolutely nothing at all.

It’s the people in our lives that make life worth living.

They make us laugh, and they make us cry. They’re there for us when we need someone to listen; someone to put an arm around our shoulder and tell us that everything will be fine; and someone to give us a pat on the back when we’ve done well.

Money might make life comfortable, but does it make you rich? I don’t think it does.

If your life is blessed with good people who care about you, then that’s when you’re truly rich. If you also have a sense of purpose and a hobby, then you have all you need. Anything else is a bonus.

Money is nice to have, of course, and I wouldn’t discourage anyone from seeking to build wealth. Quite the contrary, you should always be trying to build your little nest egg for the future.

However, money alone will not make you happy. To be happy, your life needs people, purpose, and a pastime.

These are the things that matter.

Money is simply the icing on the cake. It is nice to have, but it is not essential to your happiness. Whereas having people in your life is essential to your happiness.

If you could only have either money or family and friends, which would you choose? I’d choose the people every time.

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How much money is enough?

02/02/2024 by

Introduction:

You may feel you would like more money in your pocket, but have you ever asked yourself the philosophical question, “How much money is enough?”

If you ask a billionaire, the response is likely to be that no amount is enough. Let’s face it, they become billionaires because they’re constantly driven to make money.

However, other people might modestly settle for, say, $1 million.

People who are a little more thoughtful might give you a different number, somewhere between the two extremes, possibly.

The cost of chasing money:

We all need money, and we all want a decent standard of living.

However, always remember that there is a cost to chasing money. And that cost, among other things, is the impact it has on your time.

We can get more money, but we can never get more time. We all get 168 hours each week, and that’s it.

So, there comes a point where there might be a better way to spend your time than to chase more money.

And you’ll never know if you’ve reached that point if you don’t define it.

Achieving happiness:

Studies have shown that happiness doesn’t increase beyond an income of around $70-80k per year.

That might seem modest, but it’s probably a comfortable living in most parts of the country.

However, it’s not enough to drive a new Mercedes every three years and vacation in Europe with the family every summer.

It would be tough to send your child to Harvard on a $70,000 salary.

So, ask yourself, How much is enough?

The answer is that it all depends on you and your circumstances.

Factors to consider:

To consider how much you need to live fully, think about the following:

1. Age

How old are you?

How much longer can you reasonably expect to live?

If you’re 90, you probably require less money for the rest of your life than people in their 20s and 30s.

There are actuarial tables that can tell you how much longer you’re expected to live. However, you should plan to live longer than expected!

You will find an example of actuarial tables HERE and you might find this useful.

2. Expenses

How much are your monthly expenses?

What would your expenses be if you were living the life of your dreams?

Let your imagination run wild. What expenses would you have?

A new bowling ball each year or a second house in Vail, Colorado? A housekeeper? A thoroughbred racehorse?

It’s your life. Determine how much it would take to finance what you think is your ideal life.

3. Dependents

Who are you responsible for?

Do you have three children who will attend college in the next 10 years?

Do you have a spouse who doesn’t work?

Do you care for an ageing parent or parents?

For how long do you expect to have responsibility for financially providing for others?

Ultimately, you must consider every potential demand on your wallet or purse.

4. Debt

What is your current debt situation?

Do you have 20 years left on a mortgage hanging over your head?

Significant medical bills?

Credit card debt to repay?

Debt must be financed, and repayments must be made. So, you can’t ignore debt.

5. Retirement

None of us can go on forever. At some point, we must all take life at a slower pace.

So, when would you like to retire, and how much do you need each month to live comfortably?

How would you like to spend your retirement?

Do you want to travel regularly?

Play golf every day?

How much would a typical month in your ideal lifestyle retirement cost?

6. Lifestyle

What toys do you want to own? And by that, I mean serious toys.

A plane? A Porsche? A boat? A holiday home in Aspen or Tuscany? Swimming pool? Motorcycle?

If they give you pleasure, then it’s reasonable to work towards owning them

Then again, maybe you value your free time above all else and would be happy living a simple life with a Labrador retriever and a large vegetable garden, reading books all afternoon.

The choice is yours. Equally, you can go as far as your imagination will take you.

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For everyone, it’s different:

There are no right or wrong answers to the question, “How much money is enough?“

Everything depends on your desires and circumstances.

The number for you might be quite small or very high.

It’s just your number. It’s personal, that’s all.

If you’ve never considered how much money you need, then take the time to think about it.

Money in perspective:

Having money and financial freedom is great for a couple of things, in particular solving problems and providing choices.

However, beyond that, it has limited value.

Certainly, it’s a mistake to use money to establish status. Worrying about impressing your peer group should be left to teenagers.

Needing money for the wrong things is limiting. It requires working longer and harder than necessary.

You could be doing other things with your limited time on Earth.

Conclusion:

Think long and hard about what is most important to you.

Ensure that you develop an income, savings, and net worth to acquire the possessions and freedom that will allow you to live your life the way you desire.

Spend time addressing this important issue, and you might be able to quit working sooner than you think.

However, have money in your head but never in your heart.

And never let your pursuit of money prevent you from spending time with family and friends.

A lonely old age would be a heavy price to pay for wealth creation.

There is little point in being the richest person in the graveyard with no one to mark your passing.

And never, ever forget to spend at least some of your time enjoying yourself. As we say where I come from, you’ll be a long time dead!

About the author:

Roy Sutton

Roy Sutton is an experienced blogger whose main website has generated more than 350,000 page views per month. Before becoming a blogger, he was a businessman and CEO of a national telecom operator and had a professional background in telecom systems and information technology.

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Warren Buffett’s Top 10 Rules for Success to Inspire You

12/09/2023 by

Warren Buffett Top 10 Rules for SuccessToday I offer you Warren Buffett’s Top 10 Rules for Success, dear reader.

If you want success, then it would be wise to listen to people who have already achieved some success.

Identify what they did to achieve their success and copy it.

If it worked for them, then it will probably work for you.

Now, there are few people more successful in their chosen field than Warren Buffett.

He offers you his ‘Top 10 Rules for Success’ in the video embedded here, and it’s worth your time to listen to him.

They are his top tips and I recommend them to you.

Warren Buffett’s Top 10 Rules For Success:

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The advantages of work: Why you should take it seriously

10/07/2023 by

Advantages of workThe advantages of work are many but often people fail to appreciate the importance of their work. So my question to you today dear reader is, how do you regard your work?

Perhaps for you, work is just a source of income but by no means your passion.

Maybe it’s something you must do simply because you desperately need an income but it doesn’t leave you feeling energized and motivated to do the best job you possibly could do?

Perhaps mostly you’re just going through the motions, doing the minimum you can get away with each day and longing for the weekend and time off.

Maybe you’re the sort of person who prefers to spend your time in the office chatting and drinking coffee with your workmates.

Does any of this sound like you dear reader or possibly a slightly exaggerated version of you?

If that’s not you and your work is your passion, or at least you take it seriously, then this article is not really for you.

This article is for readers who feel less than energised by the work they’re currently doing and those who need a timely reminder that there are good reasons for taking your work seriously.

Work is your livelihood:

If you’re not pulling your weight in your current job then you should know that it won’t have gone unnoticed. Just because your boss has yet to say anything doesn’t mean he or she hasn’t noticed.

And if you’re building a reputation for being a slacker then it’s only a matter of time before the company will find a reason to get rid of you, if you’re not careful.

You must appreciate that a business cannot carry costs that add little or no value to that business. That is, it can’t if its aim is to survive, at least.

Commercial reality will very quickly kick any business in the butt should its management fail to keep tight control on costs.

Companies are not registered charities.

Any costs must be covered by the prices charged. If a business bears unnecessary costs for long then the result will be pricing that is simply uncompetitive. And if the business isn’t competitive then it will lose out to the competition.

Think about that for a second. As a consumer, if Company A is selling a product at a lower price than Company B, where will you buy it? You’ll go for the best price every time. No customer loyalty will survive even a small saving in price. To believe otherwise would be naïve.

So if you’re not adding value then potentially you’re at risk of losing your job.

Your work is your livelihood, so losing your job could actually hurt you. In fact, the best way to appreciate your job is to imagine your life without it.

Work provides you with a sense of purpose:

The very essence of what work is all about is simple. Work is just doing stuff for other people in return for money. It gives us an income but it also gives us a sense of purpose.

Through work, we apply our skills and know-how to deliver an output or an outcome for someone else. That may be an individual or an organisation but either way, we are paid for what we actually deliver.

Essentially that’s the psychological contract we enter into when we agree to do work for someone else.

If we’re not delivering what we’re paid to deliver then we’re not doing our job properly. We are not fulfilling the psychological contract that is work.

Taking pride in our work is important too. Our sense of purpose should drive us to do the best we can with the skills we have and we should be constantly seeking to improve.

If we don’t love what we do at any given time then we should be looking for ways to change our mindset to take a more positive view.

If we view our work positively then we’re more likely to be energised by it and if we’re energised by it then we’re more likely to do it well.

Work is how we make a difference:

You must also recognise that there’s a big difference between being busy and delivering real results. Never confuse industry with effectiveness. The two are very different things.

If I’m paying you to paint houses then the only measure I will use to judge you on is how well and how efficiently you paint houses. I don’t really care how helpful you might have been to the electrician or the refuse collector.

Being busy doesn’t count for anything unless you’re busy doing the right things. Doing the right things is how we make a real difference. And surely we’d all like to make a difference?

Other benefits:

Having a job actually provides us with many benefits.

For a start the income it generates, allows us to put a roof over our heads and food on our table.

Managed carefully, the money we earn will put clothes on our backs and allow us to heat our homes.

And of course, it provides so much more too.

Having a job gives us status and our own income gives us a degree of independence and freedom.

All these things together improve our self-esteem.

And of course, work gives us a reason to get you out of bed each day.

Work is how we make a contribution to the society around us. Not just in what we actually do but also in the taxes we pay. That’s how we pull our weight and justify membership in the society in which we live.

However, let us not forget the camaraderie we enjoy with work colleagues. People are social animals and we need the company of others.

Yes, some of them will drive us nuts at times but mostly they’re good people just like us, with lives just like ours and with whom we can relate.

We share their laughs and we share their tears too at times; the good times and the bad times; it all makes life worth living.

Work allows us to engage with other people and that’s very important.

Your work can be your legacy too:

Work is what we do for other people and what we’ve done for other people is how we’ll be remembered long after we’re gone. So potentially your work is your legacy.

On that basis, whatever you do strive to do it well.

It might not seem much to you but it will matter to other people.

Have a sense of pride in your work whatever it is. It doesn’t matter whether you sweep roads or you’re a skilled heart surgeon we all have our place in society and we all have our contribution to make.

And whatever role you play, no one is better than anyone else.

Enjoy your work or keep looking:

It’s important you find a way to enjoy your work because you spend a third of each day doing it.

Sometimes it’s just a case of looking at your work in a different way in order to appreciate what you have. However sometimes even then for whatever reason, you’ll feel unhappy.

If you can’t find a way to enjoy your work then find another job. One more suited to your natural talent perhaps. However until you find the right thing, you must grit your teeth and do your current work to the best of your ability.

And never, ever just walk away from a job without having another one to go to.

It is ironic perhaps but it’s always much easier to find another job when you already have one.

Without a job, a potential employer might wonder whether you’re unlucky or just a loser. And usually, employers will be reluctant to take a chance on you if they’re unsure.

Conclusion:

The importance of work to our lives and our self-esteem should not be underestimated. So do the work you’re paid to do and do it well. Do that and success can be yours.

Don’t do your job properly and you’ll struggle to hold on to it for very long. Lose it and almost certainly you’ll regret it.

That’s the nature of work, it always has been and it always will be.

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quotes about peaceDid you find this article interesting and useful dear reader?

If so, then please share it on social media with your friends. When you share, everyone wins.

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Poem about money to inspire you

02/17/2023 by

Poem about moneyDear reader, do you want to know the secret to happiness? Do you want to know the key to success and the ticket to the good life? Well, it’s simple – MONEY! That’s right, I said it. Money makes the world go round, and you know it!

Now, I know what you’re probably thinking. “But Roy, money is a touchy subject. It’s not something we talk about in polite company.”

Well, maybe. Nevertheless, I’ve written this poem about money that will get you thinking about its significance, and it might even get you to re-evaluate your relationship with those greenbacks.

This is a poem about our need for money and why we can’t live without it.

So, whether you’re a banker, a broker, a cashier, or just someone who likes to stuff their pockets with dollar bills, this poem is just for you.

Take a few moments and read this poem about money now!

It might just change the way you think about that paper in your wallet or the numbers in your bank account. And who knows – it might just make you rich!

DISCLAIMER: Reading this poem does not guarantee wealth or financial success. But it’s still worth a shot, right?

Poem about Money:

Money

Please share this poem with your friends:

If you found this poem about Money interesting then please share it on social media with your friends.

When you share, everyone wins.

So go on, please share this post now.

If can you do that for me, I’ll be ever so grateful and you’ll be helping a keen blogger reach a wider audience.

Thank you for your support.

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