Somehow, I feel that this year has a lot of great things of success in stored for each and everyone. And I do know that people have already adjusted to the recession that has happened throughout the world. In turn, it also gave a lot of people the opportunity to start their own businesses online. How great was that? Well, a few turned out to become millionaires, some earned a revenue of six-figure incomes, others finally got their five digit revenues, a number of them earning thousands, more excited people finally seeing their first hundreds, and the majority starting to receive a few bucks online.

What turned out impossible at first was finally rolling and making the number of people feel that an online business IS possible. With the right start, a small budget, guidance, learning the skills and using tools and avoiding the “get rich quick scams”. Yes, all of these are possible.

So, what is stopping you from achieving your financial freedom? Do you have any obstacles to your financial success? How about having a plan and taking action?

Perhaps it is time for you to set out a financial goal and specify the time. Like having a million dollars after 10 to 15 years? It is possible with discipline and patience. If you thought that it was impossible, it is and for everyone. Just setup your personal list to achieve your goal.

Not knowing what kinds of obstacles are holding you back? The Chasing Prosperity site got a list of possible ones that you might already know or are continuously causing you to not achieve success.

And if you have really good ideas in mind, why not take the time to write them down, think them over and make a plan. But most importantly, add an ingredient called “taking action” to make your ideas and dreams into a reality. As Ryan said “A horrible idea with action will beat out a great idea with inaction”.

I hope that we all are more successful through this financial year and I do have high hopes for everybody to achieve their goals and come closer to freedom. Your comments and suggestions are greatly appreciated.

It has become my dream, and I’m quite sure that some of you also do, to be able to reach a million bucks in your bank account. It is pretty exciting and I do think that it is a personal goal that each person must have in order to become financially free. But how do you get there? Simply start your own list as what I’m about to do and set it as your goal. I got this idea from a good site -> Budgets are $exy.

So if you would like to join me and the other members, you could freely do so as there are not much requirements; except to start your own personal list, and link back or comment to J. Money’s site.

Here’s my personal list to do:

1)      Setup a bank account to separate my goal money. This will make it really clear to see how much I have saved.

2)      I would save at least 10% of my salary and deposit it right away. (couldn’t be less, but if I get to deposit more, the better)

3)       I would continue to track down my daily and monthly budgets. And stay within the budget.

4)      I am going to continue on building my own business online. This would mean being consistent with my blog, promoting others and helping as much people as I could.

5)      Use my resources wisely and avoid buying stuffs that are really not needed.

6)      Minimize the purchase on credit cards, especially on bad debt.

7)      I will never give up on my personal goals, keep myself motivated and always have an optimistic view of the future.

8)      Keep a daily update on my progress.

Now that feels better and it is clearer especially if you write what you have in your mind. And this is a good reminder to see that there is a goal set that needs to be accomplished and followed.

So are you interested to join us? You are most welcome to join, and if you have comments and suggestions, you are also free to post here.

Being new to the blogosphere is really a lonesome journey. Especially if you were very excited at first to finally have your first blogging website created, like me. Now that you have your personal home on the internet, you might also recognize and start to realize big sites that are really having all the glory. Now how did they even get to where they are right now? You might ask yourself, and also “how do I get there”?

Well, no need to worry and it is hassle free. I have found a community of bloggers who are willing to help each other in becoming successful in the internet. Rank wisely, that is. And the main toolbar that we are going to use would be the Alexa Toolbar.

You might be pretty excited about what community I am talking about, well it is called “Samurai’s Alexa Ranking Challenge”. Though it is a challenge, bloggers are participating in it and the main thing that you need to do is to promote others. Yes, that’s right, you promote others in your blog. Then other people would do the same.

I do believe in the golden rule of “You must give first in order to receive”. It is true, wherever it might be, be it in the real world or even here in the internet. It is a global and possibly even a universal rule.

So what are you waiting for? Join us now and let’s all succeed together!

In an article by Neal at Wealth Pilgrim, he asked the question “Has it ever occurred to you that you shouldn’t always try to make extra money?” He then talked about a 25 year old who was having some problems in saving money for his retirement.

Well, in my own opinion, it really does take some things to consider. Like if you are achieving to have a small purchase of a gift that you are planning to give to a special person, then I would say that it’s not a problem. But in terms of the retirement as an example, you would really need to factor out or write things down to know exactly what you want to have.

First is you would want to specify when would you like to retire, as most people retire on the age of 60, nowadays, people are able to retire at an earlier stage provided that they are financially free. So let’s say that you would want to retire after 15 years. On the age of our friend who is 25, he would be 40 by that time. It would be either too early or too long for your point of view, but let’s just keep it this way for our example.

Second, you must specify how much is your average spending each month. Let’s say that it’s roughly $2,500 (could be more or less), then calculate it by twelve months is equal to $30,000 in one year. After 15 years, you should have at least $450,000 in your bank account.

Now if you placed your savings in a bank account, it would definitely be more than that with interest. And if you add some leveraging of good debt, you could even earn more than that. But it really depends on your knowledge and experience.

Going back to our example, if you think that you could retire after 15 years of working, and live on a $450,000 budget for the coming years, then definitely good. But if you can’t, then you would need to find another source of income that would be able to support you especially when you have already started your retirement.

My recommendation is to start your own small business online or offline, whichever that you choose to provide you with income. I think that’s the best way to go along with it.

What about your thoughts? They do matter and I’m waiting for them. Post them here.

After reading an article of John Chow about “Borrowing To Invest Vs. Saving To Invest”, it gave me an idea of how most of us are still not familiar with the kinds of debt that exists. Normal people who are afraid of having any kind of debt are scared to even have one. Especially when you talk about the interest rates, they definitely think that they are going to be eaten alive.

Basically, there are two kinds of debt, and to make it simple, there’s a Good Debt and a Bad Debt. Now what separates the good one from the bad? Or how do you know which one is which? Well, it is quite easy to know, just follow this simple rule: “Is the debt providing your pocket with money?”

If your answer was yes, congratulations, you have a Good Debt on your side. But if you answered no, then it would be best to start thinking of a way to finish off your debt as soon as possible.

What are examples of good debt?

A good example is an investment, you either loaned or borrowed money from the bank to start with. Knowing about leverage is an important tool to help you through an investment. It takes skills and working your math to know if you are going to profit or not. And also having an experience does provide an advantage. I would recommend that you do a thorough research on investments that you plan on entering, especially if you are just starting out. Risk is a factor to be considered, but should not be feared.

Opening up a business is one of the well-known good debt engines for business owners and investors. When you decide on opening your own business, you need capital to start with, and your source would be having a loan with the bank. Again, it is good debt because it will earn you money, as long as you know how to manage a business.

• With today’s technology, online businesses are even earning more than their offline or real-world counterparts. One very good reason for this is that most people are now adapting and using the internet in their daily lives. And as they continue to use them, they also find that it is more convenient and even faster to do real-time transactions with just a click of a mouse.

What about bad debt?

Well, these are common purchases of cars and houses and the money that you used was also loaned from the bank. And now, you have to pay your monthly mortgages for the fees and interest. You might say that a house is an investment, but if you go back to the simple rule that we have said, the house does not provide money in your pocket. Unless you are renting it out to other people, that’s the time the house becomes an investment.

I do hope that I have provided a good article for you to read, if you have any comments or suggestions, they are welcome and I’ll reply to them when I receive them.

This is already our seventh day of searching and acquiring information on the internet on how to monetize or make our site profitable. And before we continue, I would personally like to talk about Information Overload. Have you ever heard about it before? Well if you are an expert in internet marketing, chances are that this term isn’t new to you. But if you’re a beginner just like me, then here’s some explanation on what it is.

It happens to everybody, I mean everyone using the internet. It could happen to a new searcher browsing the net and even to an expert marketer, entrepreneur, affiliate marketer, or just about anybody using the internet to find information. continue reading…

Day 6: Now what makes a good structure of any sort stay stable and strong for years to come? If you’re answer is a good foundation, then you’re on the right track. And it is quite lucky for us to receive an email and also read about it today on one of our favorite sites. What I’m talking about is the new ebook released by David Bain, titled “The 13 Pillars of Internet Marketing”.

First thing that is great about this ebook is that it is absolutely free! No need to open your wallet and pay for cash, or get your credit card charged, or even give out your personal continue reading…

The Shoemoney system is reopening its gates this coming March 2nd, to everyone who is interested in making their first $100 within 30 days of starting and joining. If you’re new to making money in the internet, then this could be your chance to start earning with somebody who was able to receive a check from Google worth $140,000.

I recommend you to join me in this course to learn more about the basics and to also be able to apply what we are continue reading…

Day 1: February 24, 2010 @ 22:33, inside a small room with a fluorescent light and an electric fan (it’s 30 degrees Celsius in here).
Income from this site: $0

You might be asking me why I put a lot of details. Well, simply to show that we’re starting from base zero, and as I have said, this is our journey together.

I have found a few blogs to get started with, and before I name these blogs, we’re going to start with one that’s giving out a free guide all about affiliate marketing. And if you would want to try it out in the same time as me, just click -> affiliate marketing by Jonathan Volk <- and you would be directed to the site.

Now let’s start our adventure!