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12 Habits of Rich People Anyone Can Do(But Most Don’t)

Do you want to know the habits of rich people that keep them wealthier while the poor keep getting poorer? Well, the good news is that most of these habits are simple, and anyone, including you, can implement them and be happy. You should be aware that every step you make in your life is crucial, and it will ultimately affect the results you are expecting. Wealthy people understand that good daily habits result in them becoming happier in their lives.

You need to realize that becoming wealthy has got nothing to do with luck or being special. So, if you always think rich people are unicorns, this is the right time for you to tweak your mindset. The most important thing about adopting the habits of the rich is that it will change your entire life. So, here are the 12 habits that wealthy people practice daily to keep attracting more abundance:

Having Big Dreams

When it comes to dreaming big, rich people know that it’s more than driving the most expensive cars. They like taking bold steps in their lives until they get what they want. Unlike poor people, the rich don’t like mediocrity, and their dreams always look unachievable to the poor.

The rich always aim higher because they know that when you dream small, you will get little results. They believe in themselves and know how to deal with hurdles on their way to achieving their dreams. So, if you want to become rich, ensure that you don’t let the poor discourage you from dreaming big.

Building Healthy Relationships

One of the crucial habits of rich people is that they understand the importance of building robust and long-lasting relationships. They spend their time with like-minded individuals who inspire them to achieve their dreams. You should consider surrounding yourself with people who can mentor you and make you smarter.

Networking with successful people is essential if you want to learn new things and grow. It may improve your innovative power at work or in your business. Go out there and meet new people, and you may land the best client or get a high paying job.

You can become successful by dumping toxic people who add no value to your life. When you outgrow those who no longer contribute to your success, it does not mean that you hate them. When you build healthy relationships with successful people and your family, you will get a favorable environment for higher productivity.

 Taking Calculated Risks

Rich people know that higher risks yield higher returns. Besides, the rich are instinctively aware that gains do not accrue to those who always play safety first. They ensure that they know how a particular investment works before investing their money. If you are afraid of taking huge risks, you should not expect to get a higher return.

I am not saying that you should invest all your money into something you don’t understand. The point is, you need to avoid the fear of failure and put your money into something you know. The only way you can understand what is appropriate and what is not is by trying to do different things. Ensure that you do enough research on high-risk investments that bring huge returns and see what can work for you.

Learning

Rich people know that knowledge is power, and that’s why they are continually learning new things. Oprah Winfrey said in one of her speeches that books allowed her to see the world beyond her grandmother’s shotgun house. You can also become a successful entrepreneur if you are willing to read and expand your horizons.

If you are looking for motivation and you love reading, you should consider looking for personal development books. Nonfiction books that relate to your field of specialization can help you see opportunities that your peers don’t understand. Alternatively, you can listen to audiobooks while commuting to work, and your salary may increase since you will be more skilled than your co-workers.

 Financially Literate

Do you know how much you spent last weekend? Rich people are smart when it comes to their money. They are aware that every penny counts, and they try as much as they can to avoid impulse buying. They also know the difference between liabilities and assets, and they like doubling their cash by investing in lucrative assets.

School systems don’t do much when it comes to financial education. So, you have to be responsible and keep learning how to handle or increase your money. Total Money Makeover by Dave Ramsey is one of the best financial education books that can help you with great tips.

Spending Time Wisely

Are you spending a lot of time on social media scrolling aimlessly? Time is a crucial resource in the lives of wealthy people. They do understand that time wasted is equal to money wasted. They would rather spend most of their time being productive than doing things that do not bring any value.

The best way to keep track of your time is by being aware of the time you waste in a day. There are tons of activities you can do in a day and add value to your life. If you are on a 9-5 job, you can engage in productive activities instead of gossiping with your peers. You can listen to a podcast and nourish your mind.

They Avoid Television

The rich have got a lot to accomplish rather than sitting on a couch for 6 hours watching TV. A vast majority of wealthy people enjoy watching TV for 60 minutes or less. They like spending most of their time creating value and a few minutes in a day consuming.

The best lesson you can learn from rich people is that they spend little time watching TV. You can also cut back the time you watch TV and engage in productive activities. You need to learn how to create value and place a limit on being a consumer.

Going to Bed Early

Maybe you have a unique sleeping routine, but most of the wealthiest people on the planet retire to bed early. The rich prefer going to bed soon since they need to get enough sleep and wake up early. Goodnight sleep is primary for your health, and you better adopt what the rich are doing.

Avoid watching TV and scrolling on social media an hour before going to bed. During this time, you can do things like cleaning, writing, reading, and brushing your teeth. And from my experience, you will wake up the next day when you are more productive.

They Are Early Risers

Rich people are addicted to waking up early at dawn before anyone else. They know that the morning hours are essential for their productivity. They start their day with intention since morning hours are critical in making the rest of the day more positive and productive.

The morning hours are good for reflecting on your life and getting prepared before going to work. Your brain is always in a relaxed state in the morning, and there are no distractions. You should avoid scrolling on your phone at this time and instead do something more productive. The Miracle Morning is a book that can help you adopt a heavenly morning ritual.

 Staying in Shape

Rich people know that a healthy body and mind improve the level of productivity. Some of them wake up and begin to exercise, whereas others prefer doing it later during the day. They do understand that exercise helps to relax the mind and even relieve stress. Poor people, on the other hand, don’t care about their well-being, and that’s why they are less productive.

You don’t need to hit the gym to have exercised. There are so many activities you can do to clear your mind and bring joy into your life. You can run, do push-ups, ride a bicycle, yoga, squats; you name it. The primary thing is to move your body and improve your well-being for higher productivity.

Cultivating Patience

The wealthy are here for the long haul, and they remain patient and persistent during the journey. They are uninterested in immediate gratification and focus more on their big dreams. Rich people know their purpose and enjoy the process before reaping the benefits.

If you are expecting tremendous results in your life, then you need to know that good things don’t come easily. Social media is one of the things that lead to instant gratification. You can meditate or practice yoga if you want to cultivate patience for the best results.

 Taking Action

Having big dreams is not enough. You need to step into radical action to make them come true. What you are going through should not stop you from focusing and putting in the effort. Oprah Winfrey used to wear clothes made from potato sacks, but she kept executing on her dreams. If she chose to blame others instead of taking action, she couldn’t become what she is today.

So, if your goal is to start a blog, do it now, and your future self will thank you. You should get out of your comfort zone and utilize every opportunity that you have. If you implement the habits of rich people, you will enjoy every action that you take, and you may become wealthy.

Bottom line

Each habit that we mentioned in this article is doable if you are interested in becoming rich. Sometimes you will experience difficulties, but when you practice the habits of rich people, it will be easier to handle any obstacle. You may not be perfect, but you should try and engage in productive activities as much as possible.

I need to remind you of one thing: Unless you start acting, the habits mentioned above are entirely meaningless. Here is the thing; you can start practicing these habits one at a time from today. You deserve a better life, and you can reach there by changing your daily routine.

20 Best Passive Income Ideas in 2020

Are you in need of passive income ideas that can continuously generate cash even when you are sleeping? Well, you may find this article to be meaningful and enjoy every detail in it. But you don’t need to stop there. You should pick ideas that suit you one by one and implement them.

 Passive income streams work if you are willing to make upfront investments of your time or money. For instance, it takes time to write an e-book that can sell and earn you cash. Alternatively, you can invest with a Robo advisor to create wealth effortlessly.

You have to be smart in picking an idea or ideas of earning passive income. I would recommend that you try out these ideas one at a time before moving to the next. Here is the list of ideas you can consider to earn passive income:

1. Start a Money Making Blog

I am doing this right now, and it is one of my favourite passive income ideas. So, you can also start a blog and generate an income. It is not an easy road since you must spend most of your time and some cash at the beginning working on your blog. Afterwards, you will reap the benefits.

There are numerous ways you can monetize your blog. The first way to earn from your website is by creating top-notch content that can rank. Before you write any content, you need a niche that keeps you enthusiastic. You should also consider writing on a topic that will attract most readers and drive traffic to your website.

Another way to monetize your blog is through Affiliate Marketing. Don’t worry because I am going to talk about this more deeply since it is a way of generating passive income on its own. You can also make money from your site through the selling of digital products, CPM ads, CPC/PPC ads, name it.

I need to remind you one thing about blogging: It’s good to write content, but networking with other bloggers in your niche through different social media accounts is crucial. You should refrain from thinking that creating content alone is enough to earn an income.

The best thing about blogging is that it’s fun if you enjoy writing about a lucrative niche. Furthermore, you are a boss on your own, and you take total control of your business. You can also find ways to monetize your site and earn money even when you are on a 9-5 job. The only way to earn passive income from your blog is by being consistent and investing most of your time on it.

2. Affiliate Marketing

It is not uncommon to combine blogging with affiliate marketing. However, this is not to limit you if you haven’t created any website yet. You can do affiliate marketing through social media platforms such as Facebook or a YouTube channel. You only need an online presence to make your business a success.

But why would I recommend that you should consider having a website? Well, if you want to learn more about affiliate marketing, a blog is the best platform you can use. And as you know, learning can only be a valuable thing if you do it practically and not theoretically.

Furthermore, you can use a blog to build a community that trusts you plus what you are marketing. If people love your blog posts and any other creative content on your blog, they may buy your affiliate products. Additionally, you don’t need paid ads to sell your products.

Before I go any further, you need to know what affiliate marketing entails. You should also understand how to use affiliate marketing to make money. Affiliate marketing is when you promote products and services by other people or company(s). You earn some commission every time a product that you promote gets sold.

If you run a blog on a specific niche, then you are free to make money through affiliate marketing. How is that even possible? Well, let’s say your niche is about technology; it is easy to promote cameras rather than trying to do the same for a bed. You need an affiliate program that can allow you to use an affiliate link that someone can click on while filling out a form or while making a purchase.

3. Start a YouTube Channel

Have you ever considered starting a YouTube Channel to generate an income? Well, it is simple to create a YouTube channel, but you must keep in mind that it is not a get-rich-quick scheme. You may have heard of You Tubers who make up to millions of dollars from their channels. And one question you have been asking yourself is how these people make lots of money by doing what seems like having fun.

Are you aware that kids who are below 12 are making big bucks through their YouTube channels? Maybe you are a subscriber to their channels, and you would like to make big bucks from YouTube just the same way those kids do. The good news is that you can make it happen beyond your expectations. But how do you get started on this journey?

The first thing you need here is to be clear about what you want to do. You should know the sole purpose of you coming up with the YouTube channel. What message do you want to spread to the world? And what kind of audience are you targeting? I think the same thing applies when you want to start a website.

Now that you have a goal, you can start a YouTube channel. Ensure that you have a good camera to shoot videos that will be appealing to your audience. If you don’t have money for a flashy camera, don’t worry. You can still use a smartphone as long as your audience can see the usefulness of your videos.

One thing to remember is that you just got started, and there is no need to worry about things you cannot control. For instance, when it comes to editing your videos, ensure you use simple video editing tools. It is okay to start small and make mistakes because it is the only way to become an expert.

At this point, you know a few tips to get started, but you also need to see how you can monetize your YouTube channel. Since this post is all about passive income ideas, you must understand how to make dollars from your YouTube channel. So, how can a YouTube channel bring you an income?

You can make lots of money on YouTube if your purpose is not to get rich overnight. It takes patience, passion, hard work, and persistence to generate income from any YouTube channel. You must be willing to sacrifice a little, especially at the beginning before your business stabilizes.

There are many ways you can earn money on YouTube. It all depends on how creative you are. The first way is through advertisements. Before you think about generating an income from YouTube ads, you need to create the content of great value to your audience. How does quality content bring money?

Well, when you deliver pure gold, your viewers will likely stick around to enjoy your authentic enthusiasm. The number of your viewers also will increase depending on how your niche is helpful to them. YouTube will display ads on your videos, and that’s a passive income.

Another way to earn passively on your channel is through affiliate marketing. Many people don’t understand how to leverage this opportunity and make money. Well, if you are reviewing a particular product in your video, you can include a link in its description. If viewers love the product, they can click on the link and buy it. And once they do that, you earn a commission.

Making money on YouTube has no boundaries. You can direct your viewers to your website, and this is an excellent way to increase its traffic. Ensure that you engage with your audience and build trust. And if you work on your YouTube channel consistently and passionately, you will reap the benefits.

4. Write an eBook

Today you can write a book within weeks or months and earn a living from it for the rest of your life. All you need is a computer and a good internet connection to get started. You can make a passive income if you self-publish a book that can solve people’s problems. And you don’t need a master’s degree in literature to write an e-book.

If you are interested in the business of e-book writing, there a few things you need to consider first. You need a topic that suits you. That could be tips on something you understand or a tutorial. The next thing you need is a captivating title, for instance, “Powerful Tips to Lose Weight Naturally.”

Draw up an outline and start writing your book. Grammarly is crucial when you want to ensure that your e-book has zero grammatical errors. The next step is to promote your book on social media platforms like Twitter, Linked In, Facebook, and even your blog.If you feel a little confused about this e-book writing thing, you can enrol in a course by Sylvie.

CreateSpace and Amazon KDP are some of the platforms you can use to publish your e-book and make a profit. But before you earn an income, you have to market your book so that people can buy it. You have to keep in mind that things will not work out instantly. Put in marketing efforts upfront, and you will generate a residual income passively.

If you are a blogger, you are used to writing, and this shows that you can effortlessly write a marketable e-book. Once you self-publish your book on a platform like Amazon, you will have a few tasks to perform. That could be spending a few dollars on the advertisement to increase sales.

5. Sell Online Courses

You can get passive income from an online course if you do it correctly. You can use your knowledge to provide value to other people. Ensure that your session is something that most people need, and it can solve their problems.

The course can be in the form of emails with valuable information, e-books, or videos. The moment clients sign up to buy your session, they receive an automatic email from your system telling them the requirements to get it. You can use Teachable to heavy lift the session that you are creating. The price of your course will determine how much money you make.

If you want your course to be in video form, you can leverage Udemy. You can also make money on this platform instead of going there only to consume information. Turn your skills into a video course that people can buy, and you will get passive income.

6. Start a Dropshipping Store

Millennials and Gen-Zers are making huge profits from their dropshipping business. Dropshipping is where you act as an intermediary between the client and a third party (manufacturer). Through Shopify, you can come up with an online store that makes it easier for the manufacturer to sell products for you. You can sell kitchenware, dresses, camping materials, toys; you name it.

Dropshipping is more manageable since it’s the third party who does the inventory. It works like this: The moment a client sends you an order, you notify the manufacturer. The client will receive the product(s) directly from the manufacturer.

Another thing that should make you start this business is the fact that the manufacturer will do the packaging. You also don’t need to pay for any product upfront. But you must ensure that the price you charge for products is higher than that of the manufacturer.

7. Set up an Etsy Shop

If you are interested in making money from your crafts, printables, or handmade items, you should get into the Etsy business. Why are you sitting on diamonds when you can make millions of dollars by selling your unique items on Etsy? You can sell wall art, jewellery, personalized cards, soaps, candles or printables. It sounds like a great deal, but you need to work hard up front.

You can start selling your products on Etsy as a way of making extra income. If you are a stay at home mom, you can run this business as your full-time job and make more bucks. You can add more items to your Etsy shop as your business grows. It is an excellent way of reinvesting your money.

You need to work on your customer service skills if you want to be successful in this business. Customers will contact you more often when they need to enquire about your products. Ensure that you are prompt and always send orders out on time. Otherwise, your products will be listed lower in search engines.

If you are a stay at home mom, you can get enough time with your kids when your Etsy shop is stable. Make sure that you do some good work on SEO (search engine optimization) and create quality products. Pinterest is a great platform you can use to promote your handmade items.

You should consider starting this business with a product you love. As time goes by, you can add more products. To be an expert in this business, you need to invest your time in learning. Listen to podcasts, read blogs, and books, and you will understand the game and provide value to your customers.

If you are interested in running an Etsy shop, you can search for the best Facebook groups. You can also contact Etsy shop owners who are already successful. Here is a Facebook group with excellent materials on Etsy business.

8. Sell Photos Online

It sounds great to make money from the simple act of selling your photos using online platforms. If you are skilled in photography, why can’t you capture adorable images and create a passive income? You need to do it professionally using a camera or a smartphone whose pictures are of high quality. Some platforms will pay you per image while others pay according to how many installs you get.

Do you know why selling photos can be a great way to earn passively? Well, people need photos to convey a message to their audience. Besides, most of them are not skilled and lack time to do it. That’s why if you an expert in photography, you need to start making money using platforms like Alamy.

9. License Your Music

Are you good at producing music that people want to listen to all the time? You need to realize that it works the same way as selling pictures online does. Royalties come from your music if people choose to use it. As a devoted musician, you can always learn how to earn through that talent of yours.

10. Start a Podcast

You can make thousands of dollars through podcasts, but it doesn’t happen overnight. You need to have a good number of followers who are interested in your podcasts. Podcasting is more natural and profitable if your audience includes those who follow your blog or YouTube channel.

There are countless ways you can earn passively through your podcasts. For instance, you can promote your products or services using podcasts. And the good thing about podcasts is that they are relatable. You can engage with your audience through inspiring stories, and that alone can increase your community base.

11. Create an App

Creating an App is not easy, although it depends upon your technical abilities. What makes it hard is the fact that you have to come up with a unique idea or improve what someone else already created. Once you see where an opportunity lies, you can create an app or hire a programmer who can build it for you. You should consider an app that is helpful to people and lucrative at the same time. The best way to create a scalable app is by relying on your passion. Your passion could be trainspotting, cooking, cats or video games. It is easier to turn something you are passionate about into a profitable app. Besides, you will feel motivated and complete your project.

After creating an app, you should consider monetizing it. You can generate a passive income by displaying ads on your app. Are you wondering how that can be possible? It works mostly for game apps where consumers use an app for an extended period. They enjoy using the app while you make money from the ads you put there.

Another way to monetize your app is by selling a premium version. It’s good to possess a free app, but you also need a premium one. Your premium app will have additional features that allow people to make a purchase. Sega uses the same approach to monetize its classics games.

12. Get Cashback for Shopping

It’s one of the easiest ways you can use to earn a few bucks. You can get cash back rewards if you pay bills or shop with a credit card. If, for example, a credit card has a 2 per cent cashback rate, you will receive $40 for every $2000 you spend. You can do the math and tell me how much money you can accrue annually.

If you want to enjoy the cashback thing, I would recommend that you let your money accumulate and then put it in another income stream. You also need to avoid cancellation of your rewards by making sure a card that you select has no yearly fees.

As a person who shops online, you also need to use cashback sites to make money. These sites will help you earn a few dollars passively and avoid overspending. Some of the items you may get cash back on include food, clothes, groceries, and the list goes on and on. Ebates and Swagbucks are one of those sites you should consider using to make a few dollars.

13. Open a High-Yield Account

If you are a low risk-taker and you want your money to be in a safer place, you should consider opening a high-yield account. You can check out some of the online banks and see if they can work for you. If you find a better deal, you can start earning a passive income.

Traditional brick and mortar banks typically have higher overhead costs. That’s the reason why their interest rates are lower when compared to online banks. So, you need to choose a better online bank like CIT, which is insured by FDIC.

Before you open any bank account, you should know their rates. You have to find banks that offer higher interest rates to make your passive income a bit higher. If you compare, for example, Bettermentwith most traditional banks, you will realize that the latter is preferable.

14. Invest in Certificate of Deposits (CDs)

It’s one of the ways to make a few dollars since it involves taking low risks. So if you are risk-averse, this kind of investment can suit you. Your favourite bank keeps your money until a specific time that CD Ladder you agreed, and then you can get your interest rates. You get higher rates if your money stays in the bank for an extended period.

CDs are similar to a savings account except that the rates you get with CDs are a bit higher. You can build a when you buy CDs from your bank. Your returns tend to increase due to the incremental buying of CDs. Here is an illustration of estimated rates in a CD Ladder that increases over five years:

  •  One year CD-2.20%
  • Two  year CD-2.45%
  • Three year CD-3.15%
  • Four year CD-3.75%
  • Five years CD-3.80%

If you think it’s hard to build a CD Ladder, you can as well use the high-yield savings account. Although the returns in a high-yield savings account are a bit lower than in CDs, you still make a passive income. Otherwise, you can build a CD Ladder with CIT Bank since it has premier CD products.

15. P2P Lending

Peer-to-Peer lending is most rewarding when it comes to earning passive income, but it’s not for everyone. It is easy to invest in P2P Lending if you have the money upfront. There is a certain amount of funds that you before making any profit in this investment.

 Here is the thing: You are supposed to invest your money and expect other people to borrow it. When borrowers receive this money, you will get an interest based on the amount that you lend them. In most cases, those borrowers are people who can’t borrow from traditional banks due to various reasons.

You can invest with companies like Prosper and Lending Club. You can get 4-10% of investment returns, which seems to be more than what you can get from a traditional savings account. You have to assess the risk strategy and pick an investment that suits you.

Lending Club seems to be the most popular Peer-to-Peer Lending platform with huge returns. However, you need to be smart when it comes to investing your money. Ensure that you portion the loan before investing because there is a possibility that some lenders will not return your money. In such cases, you will incur losses for not receiving investment returns.

Prosper is an excellent platform if you have a small amount of capital. You can get started with $25 only and invest more when you start getting returns. But it’s partly similar to Lending Club since your risk level is directly proportional to the investment returns you will receive. In the end, you have to do some proper research before investing your money.

16. Invest Using a Robo Advisor

Today it’s much easier to invest in the market because of the new technology. You can use Robo advisors because they are way cheaper when compared to traditional portfolio managers. Do you have minimum assets, and you are interested in beginning your investment journey? Well, a Robo advisor can help you make money while you are asleep.

All you need to do is to provide answers to some questions. Afterwards, set your account before the system performs the rest of the tasks.  Betterment is known to be one of the most excellent Robo advisors. This tool is great because you don’t need to know much about investment, and the service fee is also reasonable.

Bloom is similar to Betterment but more helpful when it comes to your 401k management. It can analyze your retirement plan for free, and this will help to expose your investment fees without delay. Additionally, Robo advisors will assist in rebalancing your retirement portfolio, and this will help you achieve your retirement goals.

17. Invest in a Rental Property

Most people think that it’s impossible to earn passively from real estate rentals. But today, I need to show you how you can escape the rat race by investing in rental properties. The only thing you should know before getting into this business is that you need capital. You also need to work on finding appropriate rentals, and you will be sure of making profits.

As the landlord, you should ensure that everything is in good shape. You have to cater for maintenance costs and repair any damages if they exist. You can earn while sleeping if you give a property manager that job of ensuring everything is in shape. People will be interested in your properties and start to use them.

18. Rent Out Your Spare Room

If you own a spare room, it can be a proper way to earn an extra source of income. You can rent out your extra room on Airbnb and make money. Fortunately, people are always looking for places to rent, and that’s why you should use this opportunity if you have an extra room(s).

The amount of money you will make depends on the size, condition, and location of your room(s). But it can be a sure way to make a passive income instead of leaving your extra space to be idle. You can find a maid service to ensure that your room is clean before renting it out to a guest.

19. Crowdfunded Real Estate

Maybe you always hear of stories where people make millions of dollars through real estate, but for you, it sounds like a pipe dream. Today, house prices keep skyrocketing, and this makes it hard for most people to afford this kind of investment. So if you would like to get into this business smoothly, you should consider investing in crowdfunded real estate. Here you own property without having to stress about the management of your tenants.

Crowdfunding involves the pooling of capital that goes into real estate investment. Many investors will fund loans which are used to purchase and maintain real properties, and they get returns from that.  PeerStreet is one of the platforms you can use to invest with as low as $1000. Crowdfunded real estate is a new market, and to avoid losing your money, you should research thoroughly before taking the risk.

20. Invest in Real Estate Investment Trusts (REITs)

You can also invest in REITs if you find them interesting. REIT is a firm that possesses and runs real estate that generates income regularly. You as an investor, you can purchase shares in the portfolios of the real estate assets. Some of the remunerative assets include warehouses, shopping centres, healthcare facilities, apartments, and office blocks; you name it.

If you invest in REITs, you will earn an income in the form of dividends. As an investor, you can increase your dividend yields by either buying shares or via equity REIT. Bonds, stocks, and bank investments have lower profits when compared to REITs. Besides, Real Estate Investment Trusts are liquid, which implies that you can choose to sell your shares.

Bottom line

The 20 passive income ideas we have discussed above are practicable. So, you need to get started today. Since time is always flying, you will realize that your passion and consistency will pay off.

You don’t need to overwhelm yourself by thinking that all these ideas can work for you at once. Most of the ideas we have discussed can work for you, but you need to go step by step. You have to spend either your time or money upfront to make these ideas successful.

6 Things You Should Be Doing If You Are Broke

If you are broke, you can attest that it sucks. Lacking money to buy items that you want or need can lead to frustration. The best thing is that you can effortlessly get out of this big problem. If you begin taking appropriate steps now, you will grow and attract your desires even before you realize it.

If you live paycheck to paycheck, you need to consider making a few changes that will help you become financially stable. The best thing you should know now is that fixing money problems is one of your responsibilities. How is this going to help you to stop being broke?

Well, you will secure your finances without blaming other people, for instance, your parents whom you think are responsible for you lacking money. It is up to you to follow these steps. Here are ten things you need to do to stop being broke:

1. Changing Your Mindset

You may find this to be peculiar, but if you want to stop being broke, you’ve to change your mindset. Maybe you have been going through financial hardship for days or weeks or months or even years. Perhaps your predicament exists as a result of your attitude towards money.

When you always think of scarcity, you will find it hard to live an abundant life. Now, how do you shift from being broke to living a life of abundance? Well, it all stems from keeping in mind that you are open to possible positive outcomes for all your financial circumstances. If you become appreciative and embody an abundance mindset, your life will change subtly because of the way you think matters a lot.

2. Evaluating Your Situation

If you want to get out of this miserable state, you should be honest with your current situation. First, you need to find the reasons why you became broke in the first place. There are numerous reasons why you live from paycheck to paycheck.

Do you track your spending habits? Do you earn enough money to satisfy your needs? How much money have you borrowed so far? Ask yourself those questions, and they may help you to get financial independence.

Your situation may be different, but how do you bring change in your life? Well, the only way to solve your money problems is perhaps through figuring out the root cause(s) of your state. And if you evaluate your situation with an open mind, you will manage to get a clear picture of what had been holding you back.

3. Clarifying Your Goals

You have scrutinized your current financial situation, and you know where there is a problem. Now, you need to understand the direction you should take. To achieve your goals, you have to make them more precise.

 For instance, you have always admired to have a slim figure. If you label your goal as ‘lose weight,’ there will be minimal chances for you to achieve it. You have to start by identifying how many pounds you want to shed maybe in three weeks. You can subsequently design a feasible exercise or diet plan.

 How does losing weight apply to your current financial situation? You have to make crystal clear goals such as saving $60 per paycheck or getting rid of your debt in eight months. If you love reading, you need to look for a particular book by Dave Ramsey. If you use his methods appropriately, I guarantee your financial circumstances will become admirable.

4. Minimize Expenses If You Are Broke

Have you ever considered creating a spending plan? Well, you need a spending plan to help you become the master of your finances. How can you become the master of your money and control it? For you to gain power over your money, you have to avoid spending money on unnecessary items and services and focus on your financial goals.

You can reduce your expenses if you clearly understand how you are spending your money. You can stick to your budget and manage to avoid buying useless items. After creating your budget, you can find ways to stretch it and cut back some of your expenses. For instance, avoid eating out and start to prepare your food which is cheaper and healthier.

5. Making Extra Cash

If you are broke, you ought to find ways to generate more income. Never hesitate to look for a side hustle if you think it can help you get more money. Nowadays, you can work and make money online. If you want to get cash immediately, you can teach English online,proofread, test websites, or take online surveys.

Furthermore, you can make enormous returns from other ways which consume a lot of your effort and time. Sometimes an ordinary job is unnecessary if you are interested in earning money over the internet. You can work as a Virtual Assistant, start a Drop Shipping Business, or create a Blog. Selling items you no longer need on Craigslist can also be a creative way to generate an income.

6. Taking Radical Action

You have evaluated your situation and refined your goals, but do you know what is still holding you back? Maybe you are still blaming others for your current financial circumstances. If you take a moment to think outside the box, you will realize that you should be blaming yourself. But for how long will you keep whining?

The good news is that you can start working on your goals today. Nothing can stop you from acting upon your dreams to make them come true.  If you want to bid your broke state goodbye, you need to step into radical action right away!

Bottom line

If you are broke, you have to keep in mind that you have the power to turn things around. Despite your financial state, this blog post contains several things you can do and make money effortlessly. For instance, you can sell your old stuff on Craigslist and generate an income while still working on other strategies in your life.

What are you still waiting to get started? Ignore the doubts and fear that come along your financial journey. Learn almost everything regarding how to pay off debts. Rectify your spending ritual and save a particular fraction of your money.

5 Unnecessary Expenses You Can Cut Today

Are you still stuck in the same position year in, year out despite the amount of money that you make? Maybe it is because you have not realized that you are spending money on unnecessary expenses. Instead of wasting your money frequently, you can save the same amount and get financial freedom. However, your monetary goals should not deny you the right to occasionally spend some money on a slice of pie or a piece of cake.

What you need is a spending plan. How is it helpful? A spending plan helps you to make correct choices as a consumer.

 What’s more? It helps you to stick to your financial goals since you will lack the interest to buy unessential goods and services. Here are five expenses you can avoid spending money on and still have fun in your household.

1. Cable TV

The satellite and cable TV services are costly, and you should consider ditching them altogether or going for cheaper options. Getting rid of expensive TV services can help you save a lot of money. You can use a small percentage of the amount that you spend on cable TV for streaming entertainment services like Amazon Prime, Netflix, Sling, and Hulu. The only thing these services miss is live football games.

However, if you are a voracious viewer of sports, you still have numerous chances to follow up your favourite games. You can purchase one sports package or two and watch specific games you love instead of wasting money on channels you even don’t like. If you want a streaming service that focuses mainly on sports, then FuboTV is the best. Fubo offers an endless number of live games, and that is why you should cut that cord.

 Furthermore, you can watch sports without cable TV using services like NHL GameCenter Live, NBA League Pass, and NFL Game Rewind. What you need is a good internet connection to enjoy watching or listening to games that are right for you. For local sports, you can listen to your radio or go online and follow them up.

2. Expensive Cell Phones

You might be wondering how a costly smartphone is one of the unnecessary expenses. A pricey phone can cost you a considerable amount of money that you could have spent on other essential expenses.  Cellphones can be useful, but they do come along with uncountable problems.

Smartphones tend to break easily, and you have to replace them regularly. Therefore, you can only use your smartphone for a very few years. Do you see where I am going here? Well, don’t waste your money on an expensive cell phone because of its ostentatious features that you won’t even enjoy for long.

Online retailers regularly offer affordable smartphones with all the features that you need. Most cell phones found in brick-and-mortar stores are costly, and you should consider checking for inexpensive phones on reliable websites like Amazon, eBay, and Flipkart. Mid-range phones are low-priced, and you can purchase them online straight from manufactures. You can save a lot of cash by purchasing low-cost cell phones.

3. Phone Bills

Now that you have saved money by buying an affordable phone, you need to cut the phone bills too. The first and most natural step you can take is to pick the unlimited plan (unlimited data, unlimited voice, and unlimited text). You have to take note of your actual usage and go for a program that satisfies your needs.

Alternatively, you can go for the most rewarding way to optimize your phone even though it is difficult. First of all, you need to find alternative plans for your utilization of various cellphone networks. For instance, you are with Sprint; you have to investigate T-Mobile, AT & T, and Verizon by visiting their websites. You have to compare their benefits, which include the number of minutes they offer and the amount they each charge.

Skype is another option that you need if you want to save that dollar. May be Skype is already allowing you to make voice calls or to video chat with other people across the world. But what you don’t know is that you can use it to phone dial home or abroad. Not only that, but it is also an excellent tool you can use in sending SMS text messages.

Conveniently, you can use Skype Credit to make payments for features that are not costless. The best thing about Skype Credit is that you can pay for the services using any of your favourite payment methods. The payment methods you can utilize here include PayPal, a credit card, or Sofort banking.

4. Latest Gadgets and Technology

Do you know that advertisement professionals are skilled at luring you into buying new technology? Well, they can convince you that the most recent gadgets fall under the list of your needs. More often, you might fall into the trap and waste your money on attractive items like laptops, tablets, microwave ovens, desktop computers, and refrigerators.

New technological devices tend to be alluring, but the best thing is that their prices regularly come down. Therefore, this is an excellent opportunity to use tools that you already have while still thinking about buying the newest. If you want to save a few dollars, consider purchasing a somewhat older model.

5. Monthly Subscriptions and Memberships

Sometimes you may be throwing money on subscription services that are no longer adding value to your life. Some of these subscriptions include streaming services, newspapers, gym membership, and magazines. Instead of paying for what you don’t use, you can cut the costs and spend the money on useful items or activities.

For instance, why should you pay for gym memberships when you can’t utilize them? Some groups are quite affordable, while others are costly. If you paid for one, ensure that you use it consistently to reap the benefits. On the other hand, you can ride a bike, do outdoor yoga, cross-train, or go hiking and save some amount each month.

Final Verdict

If you are aiming for financial freedom, you will agree that it is possible to cut the unnecessary expenses discussed above. But if you think otherwise, you need to learn that there is a big difference between wants and needs. You have to pay attention to your budget and household expenses and cut back on anything that is not necessary.

However, you should ensure that you are comfortable while reducing or getting rid of the unessential items. For instance, you can replace cable TV with other affordable entertainment services like Hulu or Amazon Prime. Remember, your goal is to save more money for future use.

A Frugal Mom’s 4 Favorite Ways to Save

Do you want to become a frugal mom? Well, maybe you already are, but you need more tools that can help you save money and become financially independent. If you want to make proper priorities, this article will help you cut back on what you don’t need in your household. There are numerous money-saving tips out there, but you also need to apply the unconventional strategies since they can help you save lots of cash.

Of course, you are always working hard to ensure that you have paid for property taxes, utility bills, rent, or mortgages; name it. As a hard-working mom who is trying to make ends meet, you don’t have much time to run weekly from one grocery store to another. Fortunately, there are numerous frugal strategies you can implement and still enjoy whether you are a stay at home or a working mom.

1. Set a Budget

Making a budget is the first strategy you must put in place to help you save a lot of money. Why? Because it will help open your eyes and make you conscious of how you purchase items. A budget keeps you disciplined since you spend that dollar only on what you need in your household. You will be surprised when you realize where your money goes and how much you can save annually!

The best thing about a budget is that it works for everyone. You don’t need to be a billionaire to start living on a budget. At least prepare a budget once per week, or if not possible you can begin doing it monthly.DaveRamsey.com is the best site you can visit to acquire more information and tools to help you prepare a reliable budget.

You need to be careful while preparing a budget for gas and food. You can make a menu the week you receive your paycheck. Ensure that you check what is in your kitchen and write a list of all the items you need before heading to the grocery store.

If you visit the grocery store with your children, you have to stop them from picking items that are not on your list. A rare treat is suitable for your kids since it makes them grow into responsible adults who understand how to spend money wisely. You can also go further and buy your kids piggy banks so that they can understand the concept of saving money before they grow old. Save any extra amount of money from your checks and use it to buy your kids Christmas andbirthday gifts.

2. Make a Menu Plan

When you are planning for money, you use a budget. But when you are planning for what you should eat, then a menu is the best tool you should use. A menu plan will help you save a lot of money since you will have a clear picture of what should be in your pantry.

Planning on what you and your family should eat is crucial since it will help reduce your grocery bill. You should always involve your family in making meal plans. How is it going to help you save money? Well, you will understand what each one of you is up to and what kind of food you should spend your money buying.

Sometimes you can choose to have meatless Monday, and this will help you save money and even time. Try to plan a different kind of meals and compare it with what you have in your pantry. There will be a rapid increase in your savings if you start with a weekly menu plan and then slowly change to monthly or more.

3. Save Money on Eating Out

Eating out is quite expensive, and when you calculate the amount you spend annually in a restaurant, you will be shocked. Sometimes you don’t have any other option but to eat out and that is fine. You should take eating out as a privilege and not something that you must do.

Eating home-made food is not only cheaper but also good for your health. Cooking from scratch helps you prepare healthy meals at home and save that dollar that you could have spent on ingredients that are not even necessary in your diet. You should get used to preparing and packing food that you can eat any moment you feel hungry.

If you cannot avoid restaurant meals, you should try eating out for lunch only. The portions you eat for lunch are smaller, which means you will spend a small amount of money and it is healthy for you too. Instead of consuming soft drinks, you can order water, which is way cheaper, and vital for your health.

4. A Frugal Mom Uses Coupons

In the modern world, it has become easier to access coupon offers unlike before where you could only get them in a Sunday newspaper. As a frugal mom, you should consider couponing since it is one of the vital means to save money that you spend weekly on primary items. The Coupons App on your phone can assist you in checking for offers at any time and from anywhere.

You can take a class in your local area to learn more about couponing tricks and tips. PassionForSavings.com is one of the sites you can visit if you want to enroll in an online class. Unlimited text message plan should not make you panic anymore. You can make use of coupons that you receive through text messages from your preferred establishment after registering with them.

Now that you have many coupons, you need an organizer that can help you remember the tickets and make use of them. Keep your organizer either in the diaper bag or in your car. The best thing about coupon organizers is that they are portioned based on the type of the product, for instance: beauty, canned foods, and baby items, amongst others.

The Parting Point

Frugalness is all about prioritizing the necessary items and reducing those that are not. If you are a frugal mom, congratulations! But if you are not yet there, then it is not too late to start. The earlier you begin living a frugal life, the better.

Just start today, and you will notice how your life will change since you will get out of debt and live a happy life.A frugal lifestyle will not only help you pay all the debts but also assist you to save a lot of funds. Lastly, frugalness is a sure way to achieve your financial dreams.

10 SEO Tools for Optimization of Your Website in 2020

Search Engine Optimization (SEO) is one of the vital parts you should use to run your website. When you use SEO tools for optimization of your website, your rankings will significantly increase. However, you must be well aware that the way Google ranked your website in 2018 may not be the same in 2019. You must be ready to face this difficulty before you rise to the top of the game and stand out among your competitors.

You can only get higher website rankings when you correctly make use of the SEO tools. Just ensure you know what these devices are and how you can use them for your success. After carefully reading this article, you will get the ten most excellent SEO tools that you can use in 2019 to optimize your website. Here are the best SEO devices you can use to boost your rankings on all the admired search engines, including Google, Yahoo, and Bing.

1. Google Search Console

Google Search Console is a collection of providers that you have to use to find out the way search engines view your website. On this web service, you will acquire a variety of devices that tackle numerous parts of SEO. For example, Google Search Console is essential in enabling you to detect any crawling errors that appear on your website so you may eliminate them immediately. It can also indicate when your site is under malware attack, the links you have acquired and the kind of keywords people use to track down your site.

The numerous opportunities this service holds make it beneficial if you are interested in SERP. Increased Google rankings indicate that you can undoubtedly perform better on other search engines. Google Search Console is a primary tool that you must understand. There is no reason to avoid using this service since it is easy to use in making your website look better.

2. SEMrush SEO Tool

SEMrush is an SEO tool that you can use to find profitable keywords by looking at the number of people who need particular terms. Additionally, SEMrush can inform you about matching keywords, associated promotions, related advertisements, item listings; you name it. Apart from excellently reviewing keywords, this tool can also help to apprise you on the strategies of your competitors. For instance, it can notify you about the volume of web traffic they are receiving, and also the portion of it that stems from paid ads.

SEMrush is the best tool you can use if you are someone who likes studying keywords. With the use of this tool, you can identify profitable keywords for your efforts, and find out which phrases your competitors love using. You can save a lot of funds when you use this service since it allows you to check through the text of your competitors and media advertisements.

3. Buzz stream

Buzz Stream provides you with a bunch of tools that you can use in domain study, project management, and e-mail marketing. It is a platform that usually combines a variety of functions, and this way of functioning can scare you. From this perspective, you can now easily understand how buzz stream is going to help you focus on your SEO needs. Regarding research study, Buzz stream can make it easier for you to organize lists of final results for the keyword terms you analyze.

Then it provides you with details regarding each of these websites, together with overall rankings, connected social media accounts, domain name age and authorization, and more. In reality, you can utilize these features since they will help you in researching about your rivals and the quality of information that they publish. Additionally, this platform can help you come up with lists of their writers and the abilities of each one of them. Eventually, you will quickly understand the strategies of these authors.

4. Moz Pro

Moz Pro is a collection of tools specifically designed to assist you to zero in on SEO by use of data analysis and interpretation. To give you a brief overview, Moz Pro shares the same features as SEMrush since it allows you to focus on long-tail keyword phrases. When you apply this information, you can avoid unprofitable key phrases and boost what your rivals are accomplishing. When you study a keyword using Moz Pro, it will display a challenging score that shows how difficult it is to rank for that term.

5. Linkody

If you want to understand anything to do with backlinks, this is the tool that you should utilize appropriately. Linkody will assist you in knowing the people who link to your site, the kind of anchor text they use, and even disavow the links you dislike. The last part is essential since you don’t want to get spam links that might slow down the functioning of your website.

Apart from backlink reports, this tool still performs some impactful tasks in ensuring that your rankings remain on top. For instance, it has an option that allows you to create reports that you may deliver to your clients. Besides, you can use Linkody to observe social shares on your site, and also link up with Google analytics.  All in all, this tool deals specifically with a niche, but somewhat helpful if you want to build a web link.

6. Ontolo

Ontolo is a research device that will provide you with both SEO and marketing features. With the use of this tool, you may come across several opportunities in guest posting and backlinking. There might be challenges when you try to use an automated machine in performing such tasks. Ontolo will help you in finding strategies that result in the massive growth of your traffic.

Backlinks are always necessary when you require an authoritative site, but the prospect of finding the right possibility may discourage you. Ontolo is essential in assisting you in seizing those choices when you try pitching (the problem is, it cannot be automated). You can get opportunities from more than 80 sources despite the key terms that you love using mostly.

7. Google Ad Words Keyword Planner

Google AdWords Keyword Planner is among the best tools that can perform thorough research on keywords. With this tool, you can estimate web traffic after taking a look at the keywords. The most magnificent task this tool performs is to determine the competitiveness of particular keywords. You can handle that task using the price of Ad Words.

You will always be at ease since this tool can help you choose favourable keywords predicated on Cost-Per-Click (CPC). Most of the functions performed by this tool are similar to those of other devices. However, the Keyword Planner is somewhat unique since it gives you diligent reports for free. And it is also linked to the Google ecosystem.

8. HubSpot’s Website Grader

When it comes to performance, HubSpot’s Website Grader seems to be straightforward compared to other devices. You only need to enter a website and wait as HubSpot produce a report for you. That report will show your credit ratings for the performance of your website, cellular-friendliness, safety, and SEO. Always bear in mind that your accomplishment, mobile-friendliness, and reliable safety practices affect your SEO directly.

 It is also necessary to note that your report carries a lot of weight on how your website is performing from an SEO viewpoint. HubSpot’s Website Grader significantly fractures every portion of your story and gives you a sense of direction on how to boost each part. Since this tool is straightforward, it can assist you to increase your website traffic rapidly. And what should draw your attention the most is the fact that this device is free of charge.

9. Woo Rank

Woo Rank functions in the same way as HubSpot’s Website Grader because it will give you a full report card if you have provided a link to it. It offers only one rating for your complete internet site. Afterwards, it turns into a long list of all things you can perform to boost its SEO and cellular-friendliness.

In such a case, the main promoting point is that Woo Rank instructs you on how to intensify the usefulness and implementation of your site. But most importantly, Woo Rank provides you with the interpretation of precisely how excellent you are doing from a backlink standpoint. Generally, this tool will help you understand the areas you should be good at and those you need to improve on your website.

10. Varvy SEO Tool for Optimization

Varvy SEO tool allows you to receive a report after entering a URL. However, it seems to be slightly different from other devices. It can be used to review your website, and also it is strictly adhering to the SEO rules of Google.

 In just a few seconds, this device can create an entire report. Furthermore, that report holds a vast volume of useful data. The story handles a lot of concerns, including on-page SEO, cellular-friendliness, website speed issues, and more.

The most considerable part is that Varvy SEO tool goes more in-depth to make you understand why each setting is essential. All the information this tool provides will make sense to you if you are new to website optimization. In case you want to dive deeper; this tool will give you a link so that you may read about each setting thoroughly.

Bottom line

SEO does not perform all the tasks in making your website look better. However, you can always use SEO tools for optimization and therefore bring more traffic to your site. Above all, search engines are after a well-optimized website and not just some blog posts and content that you own.

Numerous devices can assist in boosting your search engine position, but the most important ones include SEMrush, Moz Pro, and Google Search Console. You can perform proficient keyword research using the first two tools. The last tool contains a lot of devices that you can use to tell how search engines consider your site.

Introduce Yourself (Example Post)

This is an example post, originally published as part of Blogging University. Enroll in one of our ten programs, and start your blog right.

You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click the “New Post” button, and tell us why you’re here.

Why do this?

  • Because it gives new readers context. What are you about? Why should they read your blog?
  • Because it will help you focus you own ideas about your blog and what you’d like to do with it.

The post can be short or long, a personal intro to your life or a bloggy mission statement, a manifesto for the future or a simple outline of your the types of things you hope to publish.

To help you get started, here are a few questions:

  • Why are you blogging publicly, rather than keeping a personal journal?
  • What topics do you think you’ll write about?
  • Who would you love to connect with via your blog?
  • If you blog successfully throughout the next year, what would you hope to have accomplished?

You’re not locked into any of this; one of the wonderful things about blogs is how they constantly evolve as we learn, grow, and interact with one another — but it’s good to know where and why you started, and articulating your goals may just give you a few other post ideas.

Can’t think how to get started? Just write the first thing that pops into your head. Anne Lamott, author of a book on writing we love, says that you need to give yourself permission to write a “crappy first draft”. Anne makes a great point — just start writing, and worry about editing it later.

When you’re ready to publish, give your post three to five tags that describe your blog’s focus — writing, photography, fiction, parenting, food, cars, movies, sports, whatever. These tags will help others who care about your topics find you in the Reader. Make sure one of the tags is “zerotohero,” so other new bloggers can find you, too.