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5 People Who Turned $1,000 Into $1 Million
Tweet Share on Facebook March 15, 2012 Comment (4)Most millionaires are self-made millionaires, but becoming one is something that still seems out of reach for most people.
In many cases, we dismiss the idea of building a million-dollar business because, well, you need a lot of money for that, right? You've got to spend money to make money, don't you?
As it turns out, you don't really have to spend that much.
I spent the last few weeks interviewing dozens of millionaire entrepreneurs. Many of these individuals started businesses with less than $1,000 and are now earning more than $1 million per year in revenue. All of them bootstrapped their own business with no outside cash and a minimal capital investment from their own bank account. Here is a brief primer on bootstrapping a business.
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Top Money-Saving Tax Moves
Tweet Share on Facebook March 14, 2012 Comment (4)Each year, Americans make changes in their lives that impact their taxes. Whether you started a new job, sent a kid off to college, or made home improvements, there are tax breaks available that could help put a few extra dollars in your pocket this tax season.
Before you file, check out these money-saving tax moves that will help maximize your refund:
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6 Steps to Polish Your LinkedIn Profile and Land Your Dream Job
Tweet Share on Facebook March 14, 2012 Comment (3)Saving money can be a continuous struggle for those facing unemployment or harried by low income. To gain an edge over the plethora of job seekers vying for employers' attention, there are key LinkedIn profile tips you can follow to ensure that your experience, skills, and talents are showcased effectively.
LinkedIn is a growing online network for professionals and companies used worldwide. In addition to acting as a networking platform for many industry leaders, job hunters can use LinkedIn as a tool to uncover relevant job opportunities based on the personal information provided in their profiles.
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Married Filing Separately or Jointly: Which Tax Status Is Right For You?
Tweet Share on Facebook March 13, 2012 Comment (4)When you're married, you have two options for filing your taxes: married filing jointly or separately. Most people find that filing jointly is the best way to go, but there are instances when filing separately is more prudent.
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Avoid These 6 Common Tax Return Mistakes
Tweet Share on Facebook March 12, 2012 Comment (3)I never like doing my taxes. I don't know if it's because taxes are so complicated, or if I just have this image in my head of the IRS being his uncaring, evil entity just waiting for me to make a mistake so they can swoop in and penalize me. Tax season always makes me a little edgy. I'm usually very careful when it comes to doing my taxes; I make sure to include all the proper forms and I make sure I get all those great tax deductions. But after I file, I am left with the sinking sensation that I forgot something.
Don't be like me. Here is a list of six easily avoidable mistakes to keep in mind when you're filing your return.
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Simple Steps to Manage Your Money
Tweet Share on Facebook March 9, 2012 Comment (3)Your money and how you manage it are some of the most important things in your life, since they influence where you live, what you drive, and almost everything you do. Therefore, it is very important that you manage your money properly. Here are some steps you can take today to start better managing your money and improve your finances.
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7 Ways You're Wasting Money Without Realizing It
Tweet Share on Facebook March 9, 2012 Comment (5)Wasting money doesn't necessarily mean you’re bad with money. You don’t have to be a shopaholic or a frivolous spender to spend more money than you should. Often, there are leaks in our budgets that could easily be fixed if we knew what to look for. Some of the biggest money mistakes can be eliminated without even making a big change to your lifestyle.
So before you vow never to eat out again or take a vacation, see if you can plug these money leaks that you may not have even noticed.
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Top 7 Ways to Avoid Checking Account Fees
Tweet Share on Facebook March 8, 2012 Comment (1)Last week’s outcry over Bank of America’s fee proposal and pilot programs remind us just how difficult it is getting to keep your free checking truly free. Even if you don’t bank with B of A, you’ll probably need to be proactive and meet some basic requirements to avoid fees, which can end up costing you an average of $110 a year at big banks.
Most banks, both big and small, require you to pay a monthly fee for your checking account unless you agree to bank online, sign up for additional accounts and services, or maintain a minimum balance each month. Does that sound complicated? It doesn’t have to be. Of course, you’ll want to review your account terms and conditions carefully for full details, but here are seven of the most common and painless strategies for keeping your checking account truly free at most banks.
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How to Enhance Your Resume Without Stretching the Truth
Tweet Share on Facebook March 6, 2012 Comment (5)Finding a job is rarely easy, but for the millions of people who are currently unemployed, it seems nearly impossible. Saving money is a luxury many can no longer afford because they can hardly keep up with day-to-day expenses.
Are you beginning to think your job hunting efforts are hopeless? Does submitting your resume online feel like sending it into a black hole? When your livelihood is on the line, it might be tempting to resort to questionable tactics to gain an edge over the competition. Maybe you're considering embellishing your resume to make yourself a more attractive candidate.
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5 Scenarios Where Store Credit Cards Make Sense
Tweet Share on Facebook March 5, 2012 Comment (2)Like most personal finance bloggers, I love to rant about why store credit cards should be avoided like the plague. The drawbacks are plentiful; they’re of limited use, come with high APRs, use deferred 0% financing, and the list goes on.
But are we giving them too much flack? Maybe. Store credit cards are sometimes a logical choice. Here are five scenarios where having one might actually make sense.
