College life might be the best times in our lives, but it can be tough on a lot of people financially. I am not talking about the guys who have their tuition covered and drive their dad’s BMWs. If you are supporting yourself through college, you could definitely use some extra money, perhaps to pay off the student loans, car payments, or just want to some extra money to spend.
Sure, you could get that part time job working in the campus cafe, but in this day and age, there are plenty of less traditional opportunities to make money in college. I am going to show you a way to make money in college.
If you are determined and like to try new things, I got the perfect opportunity for you. Internet Marketing is a low risk high monetization method; if done right, it can be very profitable. Don’t go into this if you are lazy and you just want a job where you can slack off. You cannot survive life that way. Come into internet marketing if you are enthusiastic about learning a new skill.
Let me give you a quick introduction to internet marketing and you’ll see why it is the best way to make money in college. Internet marketing does not require any initial funds. It’s a great opportunity for anyone who wants to start a business online.
When you are starting out, you will mostly take the role of an affiliate unless you own your own product, in which case you would be called the Merchant. As an affiliate, you will be promoting the goods and services of a merchant. You also have much more freedom as you can pick the best products from the best merchants to promote, you will also learn the basics of internet marketing including different strategies and techniques used to promote different products. You get paid on commission for every sale you generate (sometimes as high as 75-80%). Most affiliate programs are FREE to join, so be weary of the ones that require an initial payment.
Believe it or not, the toughest part about internet marketing is when you start out. Some information around the internet might be very misleading and could actually cause you to lose a lot of money.
The most important aspect that you should look for when starting out as an internet marketer is support… people who can give you a helping hand when you’re stuck, someone who can cheer you up when you are down. Hope you found this way to make money in college interesting. Give it a shot and see where it can lead you. Good Luck!
By: Jim Wa
Posts Tagged ‘Dad’
How to Make Money in College – Ways to Make Money in College
April 9th, 2010Sorting Your Money
February 2nd, 2010
For anyone that is familiar with The Complete Budget and Bill Organizer, you already know that I recommend that you use your checking account to pay bills and cash to cover your household expenses.
With all of the different items that the average individual or family spends money on, it can be difficult to keep it separated. You have to have money for groceries, car gas, school lunches, Groceries, Dining Out and Entertainment just to name a few.
You could buy a box of envelopes each payday and sort the money on payday and stuff the money in an envelope until you need it. Of course, then you would have to have a safe place to keep it.
If you like the envelope method, then by all means use it. However, the entire purpose of The Complete Budget and Bill Organizer is to simplify things. Sitting down at the kitchen table each payday and sorting cash is far from simple.
It would be much better to try storing it in your wallet or purse. You would have the money when and where you need it. There is an element of risk that the money could be lost or stolen. If you don’t feel comfortable with having that much cash in your wallet and don’t have problems handling your checking account, you could deposit the money for groceries in your account and write a check for your normal grocery shopping. I wouldn’t write a check for just a milk and bread run.
For a family, a budget keeper should be assigned to sort the money. They would be responsible to distribute the money to other members of the family. To do this you will have to clearly define who in the family is responsible for what expenses. Let me give you an example:
A family with a working dad and a stay-at-home mom with three teenage kids may distribute their money like this:
Household Income after money for bills is deposited in checking: $500
Mom is assigned as budget keeper and keeps $355. Out of this money she is responsible for buying the groceries, health items, cleaning supplies, the families clothing, school lunches, pay the paper boy and other expenses around the house. Mom takes $50 out of this money for herself that she doesn’t have to account to anyone else in the family for.
Mom gives dad $100 of which he is responsible for paying for his expenses to get back and forth to work including car gas. Dad can use $50 of his money that he doesn’t have to account to anyone else in the family for.
Mom gives each of the three kids an allowance of $15. This money can be used any way they choose.
By sorting your money this way, each member in the family can keep the money in their wallet and all of the responsibilities are covered. No, you won’t know exactly how much you spend each month on groceries, car gas, etc. The main point of a simple budget is to make sure you have the money to pay everything without the hassles like sorting your money into envelopes and accounting for every penny.
Mom, as budget keeper, would also be responsible for keeping the budget, paying the bills and depositing money in their savings. This does seem like a lot of responsibility for just one person in the family but, to ensure that their finances are organized and everything is covered, it is absolutely necessary. It is also important to make sure dad knows how mom is handling things so that he can step in if the need arises.
While developing your budget using the Budget Worksheet you will know what your household expenses are. Simply take that list and assign it to a member of the family along with the money to cover it. If you run into problems and somethings aren’t being paid, you will probably have to review your budget and reassign these responsibilities.
By: Terry Rigg
Never Lose Money in the Stock Market
November 12th, 2009
If you are under 50 years of age and have
not lost money in the stock market I don’t think
you will find this article interesting. Why?
Because you still think you can make a killing
in the market. Until you have lost a lot more
this method of investment will not interest
you.
Dad and Mom can try to get the kids to pay
attention, but it is doubtful that they will.
Each will have to learn on his own, but maybe a
few will see the wisdom of slow but sure.
Every professional trader I know (I was an
exchange member and floor trader for 17 years)
will tell that you must have a plan for both
buying and selling. Any plan must minimize risk
for the professional and for the
nonprofessional it must be so simple that even
a retired widow with no market knowledge can
execute.
Wall Street prefers to keep investors
confused with financial terms so they will have
to go to a broker or financial planner for “advice”.
Advice from a broker is a eulogy for your
money. They have been taught by the big
brokerage companies and they have been taught
wrong. They do not make you rich; they get rich
off of you.
Now let’s go through the steps to make money
and protect your investments. This very simple
method is as foolproof as any I have ever seen.
It is one you can do by yourself with no help
from any broker. In fact, most of them will not
want you to do this as there is no commission
and very little trading.
Turn on your computer; make the connection
to the Internet. In the address box type in
http://www.bigcharts.com . In the white box type in
JAVLX. That is the symbol for a mutual fund.
Click on the red box. On the left is a blue
column. Under Time frame select the down arrow
and click on “1 decade”. Scroll down. Click on
“indicators”. Scroll down a little more. Click
the down arrow for Moving Averages. Select SMA.
In the box to the right type in 200. Go back to
the top and click on Draw Chart.
Note when the 200-day line turned down
(November 2000) it was a sell signal and time
to put your cash in a money market account.
Wait. Collect interest. When the line turned up
(April 2003) it gave a buy signal. Buy your
no-load fund back. (Only buy no-load, no
commission funds.) This buy/sell 200-day line
will work for almost ANY mutual fund. Follow
the little red line to wealth.
Go back. Check this out for any mutual fund
or index fund you might have owned in 2000. Being
in cash from 2000 to 2003 would have saved your
retirement account; a money market account had
a greater return than being “invested”.
Never lose money in the stock market again.
By: Al Thomas
