Making More Money

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How to Make More Money

The Ultimate Debt Trap

Hello and welcome.  This lens discusses the very important issue of debt and offers some resources and information to help you increase your income as opposed to decreasing your expenses which is impossible in some situations.

Living within your means is obvious.  I think most young folks today would appreciate it if the older generations would stop telling them over and over again to live within their means.  Much of the debt of today is not from living beyond one's means.  Instead, it has to do with rising costs of student loans, mortgages, services, gas, electricity, soaring interest rates, food costs, car repair, and medical bills.  The average income is not keeping up with inflation.

To make matters worse, when someone files bankruptcy whether they did it to get out from medical bills or credit card debt, they now find out that they can't get a job.  Ever since all companies were allowed to do credit checks on people applying for a job, people are staying in debt long after bankruptcy.  This is a problem that needs addressing.

This lens tackles the solutions.  Making more money is the key to getting out of and staying out of debt.  Lowering your expenses is great, but if you're already up to your ears in student loan or medical debt, then it's time to increase your income.  The stress of working 2 or more jobs to make ends meet is nothing new.  There are resources to help you get over this hurdle.  Put them to good use if you must.

And just my own personal feeling on this, businesses looking to hire someone should not be allowed to do a credit check on that person.  Period.  A background check - yes.  A credit check - no.  I don't care if they're applying for a job at a credit reporting agency or a retail store.  A credit check is unacceptable and unnecessary.  There I said it.  Same goes for opening a checking or savings account at your local bank.  Unacceptable to deny someone a way to pay bills and save money because their credit score is low.

Perhaps taking a chance at putting every cent you make into your own business really is less risky these days then trying to work for someone else and do things the "traditional way" or the way your parents and school taught you (ie. get a job, put your money in the bank and leave it there).


Take this opportunity for instance:


This is a simple way to start investing your money into something for yourself. The EyeEarn program is a part of SFI Marketing Group. Order a $20 (one time fee) kit and outfit your car with decals and wear a cool t-shirt whenever you can to promote this program and get paid a portion of sales made at MaxMalls.com. It's works like a co-op. Give it a try!

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Buy Properties, Fix 'em, Sell 'em for Profit! 

Armando Montelongo from A&E's Flip this House

Flipping Homes 

Real Estate Business

Have you given any thought to flipping homes? It deserves another look!

Short-Sale Pre-Foreclosure Investing: How to Buy

Short-Sale Pre-Foreclosure Investing: How to Buy "No-Equity" Properties Directly from the Bank -- at Huge Discounts by Dwan Bent-Twyford, Sharon Restrepo

Due to the wave of refinancing and subprime lendin more...0 points

Flipping Houses For Dummies (For Dummies (Business & Personal Finance)) by Ralph R. Roberts

Flipping Houses For Dummies (For Dummies (Business & Personal Finance)) by Ralph R. Roberts

"This book is designed for realty investors w more...0 points

Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market by Kirsten Kemp

Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market by Kirsten Kemp

Master the art of flipping with KIRSTEN KEMP, host more...0 points

Fast Real Estate Profits in Any Market: The Art of Flipping Properties--Insider Secrets from the Experts Who Do It Every Day by Sebastian Howell

Fast Real Estate Profits in Any Market: The Art of Flipping Properties--Insider Secrets from the Experts Who Do It Every Day by Sebastian Howell

In real estate markets all around the country, rea more...0 points

Flipping Properties: Generate Instant Cash Profits in Real Estate by William Bronchick, Robert Dahlstrom

Flipping Properties: Generate Instant Cash Profits in Real Estate by William Bronchick, Robert Dahlstrom

Real estate investing has historically been one of more...0 points

The Unofficial Guide to Flipping Properties (Unofficial Guides) by Peter A. Richmond

The Unofficial Guide to Flipping Properties (Unofficial Guides) by Peter A. Richmond

The inside scoop...for when you want more than the more...0 points

Blackberry for Your Business 

Before you just go out and buy a Blackberry for your new business or personal use, please compare rates and plans. You may even get a phone for a lot less if you are willing to sign a two year contract. But make sure you read the fineprint .... always! Better yet, if you're really strapped for money, you can always consider MajicJack.com!

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Summary 

Debt in America Flat Broke and Borrowing

The mysterious missing clip from the 20/20 special featuring AmericasCheapestFamily.com. ABC wouldn't post this on their web site, wouldn't write about it, but it's here for the world to see. Contrasts the debt riddled Peterson family with America's Cheapest Family.

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For the Frugal Minded 

America's Cheapest Family Gets You Right on the Money: Your Guide to Living Better, Spending Less, and Cashing in on Your Dreams

Amazon Price: $10.15 (as of 07/11/2009)Buy Now

If you want to learn a few tricks of the frugal living trade, then read this book.

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JziE wrote

i prefer affiliates and ebay

Reply Posted June 12, 2009

debtreductiondir wrote

The Christian debt consolidation loan is provided by a group of individuals who have come together to form an organization intended to benefit the fellow Christians who are suffering under the burden of debt. Some of the basic principles followed by such an organization are based on the core values of Christianity.

Reply Posted July 28, 2008

debtreduction777 wrote

Most Christians are very uncomfortable with the idea of owing money to anyone. Christian debt consolidation services can help you regain your peace of mind if you are one of them and happen to have somehow buried yourself under a pile of credit card dues and other loans!

Reply Posted July 25, 2008

anilg wrote

Nice lens with lots of useful information. If you are willing to make money online, then please visit my lens

Reply Posted June 19, 2008

Lensmaster

pinkydolphin wrote

Try Home Equity Loan, is very popular these days, not only it helps in one's financial problems, it is also tax deductible and it has lower interest rates than any kind of loan.

Reply Posted November 05, 2007

ShortSaleRealtor wrote

great lens 5 stars 4 u

Reply Posted October 11, 2007

Lensmaster

fdsfd wrote

Hi , mrsjordanjr Great lens  . I have also created a lens in same niche.Hope u like it.Here’s a brief intro:
We've all probably heard before how real estate holds one of the surest keys to financial independence and wealth. These days however, it's not just about agents selling houses and real estate properties. Now, we also have the flippers. Flipping houses is one of the best ways to enter the real estate scene.
For details click here

Reply Posted August 28, 2007

Invroz wrote

Hi Mrsjordanjr,
Like your lense here. Very informative and great presentation. I can see that we share some similar ideas - only our approach is different. Wellcome you to visit mine. I give you *****.

Reply Posted August 16, 2007

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