11 simple money habits that will help you build wealth in 2018

11 simple money habits that will help you build wealth in 2018

Simple money habits that will help you build wealth in 2018

Mastering your money can come down to establishing a few smart habits.

After all, “habits are the cause of wealth, poverty, happiness, sadness, stress, good relationships, bad relationships, good health, or bad health,” writes Thomas C. Corley in “Change Your Habits, Change Your Life,” a culmination of his research on hundreds of self-made millionaires.

Below, CNBC has rounded up 11 simple money habits you can adopt today that will help make 2017 a more lucrative year.

1. Automate your finances.

If your financial plan isn’t on auto-pilot, change that immediately, encourages self-made millionaire David Bach. Automating your finances — sending your money automatically to investment accounts, savings accounts, and creditors — allows you to build wealth effortlessly.

It’s “the one step that virtually guarantees that you won’t fail financially,” Bach writes in “The Automatic Millionaire.” “You’ll never forget a payment again — and you’ll never be tempted to skimp on savings because you won’t even see the money going directly from your paycheck to your savings accounts.”

Simply link your accounts, so that money from your paycheck goes straight to your 401(k) or from your checking account to your savings account, and set up the exact day you want to make transfers.

In addition to never making a late payment again, automation “frees up valuable time and allows you to focus on the fun parts of life, rather than spend time worrying about whether you paid that bill or if you’re going to overdraft again,” writes Bach.

Woman working with laptop

Getty Images

2. Invest your ‘spare change.’

Investing is one of the most effective ways to build wealth, and contrary to popular belief, you don’t need a lot of money to get started.

In fact, thanks to micro-investing apps such as Acorns, you can start by simply investing your “spare change.” The app will round up your purchases to the nearest dollar and automatically put any spare change to work.

Other apps also aim to make investing simple and accessible, and automated investing services known as robo-advisors can work for you, no matter how much you have in the bank.

The key takeaway: Start investing sooner rather than later to take full advantage of compound interest. As Bach explains, “the miracle of compounding can transform a relatively small but consistent amount of saving into major wealth.”

This CEO gifted his employees $500 to encourage them to invest

This boss gives each new employee $500 to invest

3. Ditch the small, daily purchases, such as your morning coffee.

Bach coined the term “The Latte Factor,” the idea behind which is that eliminating your $5 daily latte could help you save quite a bit of money over time.

Just as you can put your spare change to work, you can put this money to work. A $5 daily coffee amounts to about $35 a week, or $150 a month. “If you invested $150 a month and earned 10% annual return, you’d wind up with $948,611 in 40 years,” Bach notes.

Start by determining your “latte factor,” cut back on that expense, and direct the money towards an investment account, the financial advisor suggests: “We all throw away too much of our hard-earned money on unnecessary ‘little’ expenditures without realizing how much they can add up to.”

4. Come up with specific money goals.

“The number one reason most people don’t get what they want is that they don’t know what they want,” self-made millionaire T. Harv Eker writes in his book “Secrets of the Millionaire Mind.” “Rich people are totally clear that they want wealth.”

To reach that level of clarity, he suggests writing down goals for your annual income and net worth. Like all goal-setting, be realistic, but don’t be afraid to challenge yourself. After all, the wealthiest people aren’t afraid to think big.

The most important things to do with your money before 30

The most important things to do with your money before 30

5. Save, don’t spend, unexpected cash.

Pretend that extra money, such as a bonus, birthday check or any windfall, doesn’t exist.

Get in the habit of putting any surprise cash, even if it’s just that $20 bill you found in your coat pocket, to work. Apply it to student loans, debt, your emergency fund, or an investment account. It’ll add up. Plus, establishing this habit early on will help you avoid lifestyle inflation when you get more surprise cash in the form of a raise.

6. Tell yourself you deserve to be rich.

The wealthiest individuals believe that “success, fulfillment and happiness are the natural order of existence,” self-made millionaire Steve Siebold writes in his book “How Rich People Think.” “This single belief drives the great ones to behave in ways that virtually guarantee their success.”

On the flip side, the average earner remains average because theyexpect to, the self-made millionaire explains: “The masses think they aren’t worthy of great wealth. Who am I, they ask themselves, to become a millionaire?”

Try asking yourself, “Why not me?” After all, that’s what the millionaires and billionaires do.

Eclipse Sportswire | Getty Images

7. Spend 30 minutes a day reading.

Rich people tend to read. They continue to teach and invest in themselves long after formal education is over. “Walk into a wealthy person’s home and one of the first things you’ll see is an extensive library of books they’ve used to educate themselves on how to become more successful,” Siebold writes.

If it works for the millionaires and billionaires, it could work for you.

Check out CNBC’s round up of some of the best personal finance books out there, or consider Bill Gates’ favorite books of 2016.

8. Set your alarm clock earlier.

In addition to reading, wealthy people tend to wake up early. Self-made billionaires Richard Branson and Jack Dorsey start their days at 5:00 a.m., and they’re far from the only successful people to get up before the sun.

In a five-year study of hundreds of self-made millionaires, author Thomas C. Corley found that nearly 50 percent of them woke up at least three hours before their work day actually began.

We can’t guarantee that joining the early bird club will make you rich, but it can’t hurt, and it will almost certainly make you more productive.

Break your snooze habit with this 5-step strategy

Break your snooze habit with this 5-step strategy

9. Surround yourself with successful, high-earners.

Who you hang out with matters more than you may think. In fact, your net worth tends to mirror that of your closest friends, Siebold points out.

“Successful people generally agree that consciousness is contagious, and that exposure to people who are more successful has the potential to expand your thinking and catapult your income,” the self-made millionaire writes. “We become like the people we associate with, and that’s why winners are attracted to winners.”

Looking for a new crew to roll with? Consider joining a high-end tennis, golf, health, or business club, Eker suggests in “Secrets of the Millionaire Mind.” “If there’s no way you can afford to join a high-end club, have coffee or tea in the classiest hotel in your city,” he writes. “Get comfortable in this atmosphere and watch the patrons, noticing they’re no different from you.”

10. Track your spending.

You can’t build wealth if more money is leaving your wallet than coming in. To ensure you’re earning more than you’re spending, track your daily expenses.

There are a handful of apps that will do this for you, such as MintPersonal Capital, and Level Money. You can also use a spreadsheet on your computer or simply record your everyday purchases in a notebook or on your phone.

Perhaps you’ll find another “latte factor” that you can cut back on.


Geber86 | Getty Images

11. Prioritize high-interest debt.

It’s important to understand that all debt is not created equal. An effective strategy is to rank all of your debt in order of interest rate, from highest to lowest. Then, prioritize the debt with the highest interest rate, while still paying the minimum on all of your debts, in order to pay less over the lifespan of your loans.

There is an alternate option, too: Rank your debt in order of size and start with the smallest. It’s a strategy that personal finance expert Dave Ramsey calls the “snowball method.” The idea is that each time you pay off one form of debt, you build momentum, which helps you tackle the next biggest, and so on.

The important thing is that you get out of the red as quickly as possible. After all, it’s hard to start building wealth if you’re not debt free.

Kathleen Elkins

Financial Freedom: What Does it Mean to You?

Freedom is the ultimate instinctive desire in a being. Conventionally, there are seven freedoms that typically form part of human society.

Though, not included in the conventional list, financial freedom is perhaps the biggest modern human need.
With the rise of competitive commerce and resultant surge in careerism, the need for financial freedom is felt more than ever before.


The path to financial freedom is typical in most cases, starting with some form of education, building a career and subsequently earning enough to have no dependence on any external source to reach our dreams and cravings.

Before we go any further, we need to have a general understanding of the classic freedom cycle.

The Classic financial freedom cycle

From a young age, most individuals are instructed to get an education and then a job. After landing a solid job, the recommendation is to save a small percentage of each paycheck for 40+ years until retirement.

The underlying assumption is that we should all follow the same linear path from elementary school until death, spending the majority of each day at work, trying to climb the ladder, to get a raise, to buy a bigger house, to fill it with more stuff that wasn’t necessary to begin with. Only after retiring is there room to explore, relax, or spend time with family.

You might call it the time-money paradox. Most Americans trade the majority of their available time for a paycheck, and then spend the majority of each paycheck on depreciating material possessions. As the spending snowballs, many individuals desire a larger paycheck, which requires longer hours and more responsibilities at work, which means even less time to enjoy the additional income. It’s a vicious cycle that often continues in perpetuity.

I can’t speak for you or anyone else, but the standard American lifestyle doesn’t work for me. Instead of material possessions, I prefer to have freedom. Freedom to change careers, start a business, take some time off, or travel the world. It’s not about what I choose to do, it’s about having the freedom to choose.

What is Financial Freedom?

Being free, financially, means you can maintain your desired lifestyle without a regular paycheck. In other words, financial freedom is the 21st-century definition of retirement.

Instead of defining financial freedom as a single point in time, I like to break the concept down into four stages.

Stage 1) No Freedom

Everyone begins the journey by relying on a monthly paycheck. At this stage, a job and reliable income stream is required to pay the bills. Without the ongoing paycheck, any savings could be quickly depleted and you could risk defaulting on your monthly expenses.




Stage 2) Temporary Freedom

To graduate into the temporary stage of financial freedom, you must spend less than your earn and create a pool of savings. Otherwise, you will be forced to continue working indefinitely because your lifestyle depends on your employment income. As you begin to save a portion of your income, you might invest your savings in a diversified investment portfolio to produce a regular stream of income. Or, you might start a passion business on the side, creating another stream of income.

Your freedom grows alongside your savings. Eventually, you will have enough money saved to feel comfortable switching jobs, starting a business, returning to school, traveling for a year, or any number of other activities that are impossible to achieve while working full-time. These can be major life changes, but they are not permanent. Your freedom is temporary until your income exceeds all of your expenses.

Stage 3) Permanent Freedom


At this stage, your total non-employment income exceeds your total expenses and you no longer require a steady paycheck from your employer. You likely have a reliable side business and/or a large investment portfolio producing a substantial amount of income.

Yes, a side business is still labor income. You are trading your time for money. However, my assumption is that your side hustle represents your passion. It’s something that you enjoy doing. Something that you find fulfilling or meaningful.

Fulfillment is the entire point of this article. Financial freedom does not require that you retire early to a life of leisure (unless that is your desire). It’s about having autonomy and independence in your daily routine, allowing you to design a better life while spending your time, money, and energy in a more meaningful way. If that includes starting a new business, great! Doing meaningful work while getting paid is my definition of a win-win.

Stage 4) Luxurious Freedom

This last stage is a concept that is rarely discussed or achieved. While I define permanent freedom as the point at which your income exceeds your expenses, such a definition is shallow and full of important assumptions. For example, if you know that you require $1,500/month to live a barebones lifestyle, and you can safely withdraw between $1,500-$1,600/month from your investment portfolio, you have technically achieved financial freedom. But have you?

What if a budget of $2,000/month would provide a significant increase in satisfaction? Perhaps the additional $500/month could be used for hobbies, entertainment, and travel. All of which make you far happier in your life. But $2000/month in expenses is more than your portfolio can support, which means you’re headed in the wrong direction (back to temporary freedom).

The tradeoff in this scenario is clear. You can continue working additional years to build a bigger pool of savings, which will provide additional income and flexibility for the remainder of your life. Or, you can leave your job as soon as possible and hope that a smaller portfolio will provide sufficient income. It’s all about finding the right balance given your personal situation.

When you have enough passive income to spend freely, that is what I call luxurious freedom. It’s the point at which your income exceeds your expenses by a comfortable margin, allowing you to increase or decrease your spending given your desired lifestyle. You might call it financial freedom 2.0.

Do You Desire Financial Freedom?

Ask yourself these questions (and ask your spouse if you have one):

  • Are you happy with your existing lifestyle?
  • Have you found a meaningful work-life balance?
  • Do you enjoy your job and find purpose in the daily routine?

These can be difficult questions to answer, but they provide a great deal of information about your desire for financial freedom. In my experience, responses can be divided into three categories.

1) Work is meaningful

Some individuals find purpose in their career and have no desire to stop working. That’s perfectly fine and respectable. You can continue working and be financially free – the two are not mutually exclusive.

Even if you have no desire to stop working, I still believe that financial freedom is beneficial. At the very least, saving enough to reach “temporary freedom” can provide peace of mind. There is always a possibility that your job could be eliminated, or your life circumstances change, or any number of concerns that might be partially remedied by financial freedom.

2) Work is meh, but necessary

Another group of individuals is somewhat indifferent about work. If you fall into this group, you probably don’t love work, and it’s not your burning passion, but it’s tolerable and it pays the bills. There are good days and bad days, but the overall trend might be described as neutral and necessary.

In this situation, your preferred level of financial freedom should be inversely related to your overall disdain for work. You should work harder to increase your savings rate and reach financial freedom if you find yourself increasingly unhappy at work, because financial freedom will allow you to change careers or quit the rat race altogether.

3) Work is boring, terrible, and soul crushing

If you find yourself in this group, financial freedom should be your highest priority. If you truly hate your job, you should be willing to make sacrifices to escape. That might include cutting unnecessary expenses, working a side-job, building your human capital, or moving somewhere with a much lower cost of living. You should be saving as much money as possible, so that you can change careers as quickly as possible.

By focusing on financial freedom, your perspective can be transformed. You can go from sludging through 40 years of dreaded employment, to designing the life that you desire. And you can find freedom quickly if you’ll devote your money, time, and energy toward that goal.

The point is this, time (not money) is your most valuable asset. If your time at work makes you miserable, save enough money to quit and go find a new job. Life is too short to be miserable on a daily basis.

Are you Pursuing Financial Freedom?

Given the various stages of financial freedom, and the differing opinions on work, I would love to know where you fall in the spectrum.

Is financial freedom a pressing desire? Or, would you rather continue working and spending your paycheck freely?

For Vanessa and I, financial freedom is our primary long-term financial goal. We appreciate the flexibility and freedom that accompanies a large pool of savings, and we would rather forego consumption than live dependent on a monthly paycheck. Although we haven’t yet achieved permanent (or luxurious) financial freedom, we are in a great position. We are completely debt-free, and have accumulated enough assets to purchase a prolonged period of freedom. And at this point, that’s all that we desire.

The media often portrays financial freedom as an insurmountable task that requires decades of saving and investing. That’s sometimes true, but it’s beneficial to focus on each victory along the way. For example, most people could pay off all non-mortgage debt, and accumulate enough savings to find a new career that is enjoyable. Those are huge accomplishments on the journey to financial freedom that should be celebrated.


The last word


Your path to financial freedom can pick from numerous a number of approached depending upon how you view life and work. It has a lot to do with your personality. However, the shining truth remains that you need to switch your approach from monthly paycheck to entrepreneurship. It is the change in your thought process that would bring you far quicker to your dream destination of financial freedom.

Go! Get it now,.,.


Rich Bitch Readers Review

By thefrugalmodel.com

Nicole Lapin is a woman who I’ve looked up to since I started this site. At just 30 years old, she’s been a business and financial correspondent for CNN (she was one of the youngest anchors in history), CNBC and several other major networks. You’ve likely also seen her on talk shows dishing out advice as an expert money commentator. If that’s not impressive enough, three years ago Lapin launched her own production company, Nothing But Gold Productions, for accessible financial news.

You can see why I jumped at the opportunity to read her new book, Rich Bitch – a straightforward, smart guide to handling all of your big money questions and getting your financial life in order. I read the entire book over the weekend and had the opportunity to ask her for some pieces of wisdom myself:

Q/ When I looked into your career and accomplishments I was blown away by the success that you’ve encountered at such a young age. I often feel frustrated by the fact that I haven’t attained any real accolades or reached any of my career goals since I didn’t immediately enter a field that I was passionate about. What would your advice be for women in their 30’s who can tend to lose motivation since they don’t necessarily want to go back to school or start from the bottom, or maybe don’t have a strong entrepreneurial spirit?

A/ Don't wait. Get out there and do it—whatever "it" is. 30, 34, 39 is not old; you're still young enough to make a change, switch gears, and take control of your financial destiny. If you want to be on TV, start a video blog. If you want to be an author, don’t wait for the advance to start writing a book. If you want to be a documentary filmmaker, shoot some video and get to editing. Or if you simply want a raise and/or promotion at the job you're already in, ask for it. It’s much easier to get those big fancy opportunities once you have something to show for doing the legwork and are no longer talking pie-in-the-sky conceptual dreams.

Q/ Although I pride myself on being incredible at saving money and finding creative ways to make it (I’m an eBay junkie too), I am sad to say that I am still completely ignorant of the financial market and how to invest my money. My savings have been sitting in online banks making 1% interest (not even beating inflation, as you mention in the book). I find that this is the case for many women. Two tips that I took away from Rich Bitch are using accessible resources like Twitter to follow the market, and opening virtual trading accounts like Market Watch to get familiar with trading before you invest real money. For a complete beginner to investing, what would you say is the first step (after reading Rich Bitch) to really learning how the market works so some of that fear can be eliminated?

A/ Before you can even think about investing, make sure you have 3-6 months’ worth of expenses in the bank; your credit cards are paid off in full; and you have some extra cash flow available to get into the game.
The good news is that investing isn’t all about complicated numbers, it’s about you and me as consumers. Consumers drive sales and thus profits and thus stocks. So head to the mall for some market research! Pay attention to which stores are busiest, the amount and array of inventory on the shelves, the types of discounts being offered, the customer service experience. Invest in companies you like and believe in. If you have a good experience as a consumer, others will and that particular company’s stock will feel the love.
Once you’re ready to go, there are two different options for getting into the game. The first is going to a discount brokerage, like E*Trade, TD Ameritrade, or Fidelity. These are typically do-it-yourself operations (although some have offices in large cities where you can sit down, talk to a representative, and get help opening the account). They cost around $4-5 per trade. The second option is to head to a full service brokerage, like Morgan Stanley, Merrill Lynch, and Wells Fargo Advisors, where an actual professional manages your account. This option is more expensive (around $150 per trade) so you hope your advisor will add enough value to make up for the extra cost, and, thus not eat into your profits.

Q/ So I passed the Rich Bitch test of should I be my own boss, and it’s at the perfect time since I’m in the process of starting my own business. Although it’s in my field, this is my first time running a business, and I worry about not being trusted or taken seriously because of my inexperience and age. I know that you’ve encountered similar mental roadblocks in your career – so how were you able to maintain that confidence? How do you make yourself trusted especially if you’re not even 1000% confident in yourself?

A/ Fake it ‘til you make it, baby! Confidence is infectious. I might be the least likely person to be a financial expert. I didn’t work at a bank and I didn’t get my MBA. But I learned to speak the language of money, first to myself and then to the world as a financial journalist. With a little chutzpah and sweat equity, you can and will learn your chosen field inside out—and before you know it, you’re no longer faking it. You’re living it.


She knows what she’s talking about. Pick up Rich Bitch: A Simple 12-Step Plan for Getting Your Financial Life Together…Finally – it’s an educational tool that’s worth the investment and actually really fun and easy to read. I’m in the process of convincing Nicole that we should be besties. I’ll wear her down eventually. Hopefully without a restraining order.*


The Easy Way To Beat Loneliness

The Easy Way To Beat Loneliness

By Tai Lopez

Everybody has their own opinions about social media. On one side, you get people that say Facebook is the devil and it creates loneliness and depression, but on the other side, some people argue that social media brings people together from across the world and strengthens connections.

Now, I believe the positives outweigh the negatives when it comes to social networks. We’re able to connect with long lost friends and family, and we don’t lose touch with the people in our lives. But the thing is, you can’t live your life around social media. Facebook, Snapchat and all other social networks are great for staying in contact with people, but it can’t replace person to person, physical relationships.

I want to talk to you about the importance of socialising face to face and having strong friendships, because I think it’s way too easy to get caught up in the social media friendships and interactions.

There’s actual research that proves meeting up with friends once a week does as much good for your health as quitting a pack a day smoking habit or taking beta blockers. Nobody really talks about this, but having a poker night once a week or meeting up with some friends once a week at your favorite restaurant is incredibly beneficial for your mental health, and can actually extend your life!

In fact, the University of California did a study and found that women with breast cancer are four times more likely to recover successfully if they have a strong connection with a supportive group of friends and family.

This isn’t some hippie mumbo-jumbo either, it goes all the way down to the genetic level. Social interaction actually activates the genes in your body that helps your immune system fight against diseases.

So where does social media play into this? Well, I think it’s a great way to connect with friends, and to make plans for physically meeting up and spending time with your friends. It’s a great way to keep friends and family that don’t necessarily live near you to be connected in your life. But if social media is consuming your life, it’s actually taking away from opportunities to make real connections with people, and to be able to socialize.

It’s a balance game, so I want to warn you about spending too much time scrolling through your feeds. I think it’s ok to spend time on social media, but the end result of social media needs to be real life, in person connections. The more friends that you spend time around, the more health benefits you will get, and having lots of friends on social media isn’t a replacement for actual friendships.

If your social network is isolating you from face to face contacts, then you might need to take a break, but if you’re using it to make more connections, and to spread your social circle and actually reaching out to people and making those relationships real, keep it.

Between 12%-20% say that they don’t have anyone to talk to and feel isolated. Loneliness is on the rise, especially with young people. Make deep, solid connections with friends. These need to be people you feel like you could ask for a loan or that you really trust.

Now, I understand this can be intimidating, but you will never find these people until you begin making an effort to go out and meet people. Humans feel lonely because social interaction is a basic instinct that comes from our ancestors, when we relied on others constantly to provide security, protection, and basic needs.

You can find these connections by going out and meeting new people, but you should also try to re energize old friendships. Find someone from your childhood that lives near you and invite them out to coffee or go to a movie.

You just need to make the effort, because everybody else is just as intimidated as you are.

This week, I want you to reconnect with someone you haven’t talked to in awhile, and see if they want to meet up for lunch.

Stay Strong,


P.S. Over the years I’ve learned SO MUCH its crazy, every obstacle along the way has been another lesson. Not only things like building a social circle offline, which I still practice to this day, but also lessons about love, health and just being happy man.

Life can feel like a complicated puzzle at times, and it’s our job as humans to figure out how the pieces go together. That’s why I created my new 12 Foundations Program.

It’s taken me years and millions of dollars to get to where I am today, and I really wanted to have a tell-all where I give you everything I’ve learned. Not just about making money, but about everything. That’s why I’m calling it the 12 Foundations: What They Should’ve Taught Us In School About Health, Wealth, Love & Happiness.

How I made $3700 in my first 2 months Blogging

I had been doing tons and tons of research on how to get started with blogging. A few months ago I decided to go ahead and give it a shot. My experience was absolutely phenomenal!

After weeks of researching online how to get started, I finally drilled down on the niche I was going to talk about on my website. To be honest, I really didn’t know what to expect. I just knew I wanted to make some money talking about what I loved, musical Instruments.

But something extraordinary happened. I actually made money, $3,649.85 to be exact, in over 2 months.

I’ll have you know that I did have a bit of money saved up to get started. So, by no means was I empty handed. By following some very specific principles from the book “The Richest Man In Babylon,” I was able to save quite a bit of money before I jumped in. My whole life and way of thinking about money changed after reading that book!

Make sure to get yourself a copy and read it!

In addition to teaching solid financial principles, the book talks about paying yourself first. And that was the thing that caught my attention. Pay yourself first.

Well, that’s what I did from my earnings teaching saxophone and teaching flute. I was able to save at least $1000 to get started!

I took the savings and hired everyone, from content writers to web designers and SEO research specialists.

So, here it is!

How I Made $3700.

Net earnings by the way:)

1. I leveraged Google Adsense

After finally getting my blog approved by the google AdSense team, I added their contextual links onto my site. Well, several sites! I worked extensively to create highly targeted and useful sites full of great content.

For those of you who don’t know what google AdSense is: Google AdSense has advertisers that will bid to put ads on your blog. If someone were to click on the ad, you’d be paid for that click.

2. I Jumped into Affiliate Marketing

Affiliate marketing, commonly known as referral marketing, is when you promote products belonging to other companies. If someone purchases the product from the link on your website, you’d get paid a percentage of the sale, anywhere from 4 to even 50% of the total sale. One of my sites was promoting something valued at about $2500. I made 10% each time the product was purchased!

Now I’ll admit, I promoted the site using paid advertisement with Bing. I also had sponsored ads going on Facebook as well. But these ads were extremely targeted, and customers were looking for the product I promoted.

3. I Built a Dedicated Audience

Before I launched my site, I already had people lined up to visit it. I started with telling my friends and family about the site I was building. Trust me on this, starting with people you already know is a good way to get a head start with traffic. I built a list of people via social media that might be interested in the products I was promoting.

By the time I launched, I was already getting tons and tons of traffic to my site from friends and social media. That, coupled with the sponsored ads I had going on various social media platforms, put my site in a good place in Google’s eyes. But still, Google wasn’t the main source of my traffic. Which brings us to my next tool.

4. I leveraged Email Marketing

I had email signups on all my blogs. Once I built a large enough list, I sent emails out once a week! The emails were probably the largest source of my traffic as Google still took more than a month to start ranking many of my sites. My emails consisted of highly targeted, high value content for the users, and they went out consistently every week.

5. I Used Targeted Sponsored ads

I would say that this was my first choice for traffic since I knew my SEO efforts would take some time to bear fruits. With the leverage from my savings, I was able to get immediate traffic to my website. With the help of tools like Buzz sumo, I was able to drill down on viral content to get ideas. I then created Facebook posts similar to those that had already gone viral within my niche.

But here’s the kicker, even though my posts were getting lots of traction without sponsoring the ads at first, I still created a budget and sponsored those posts with high engagement! This worked like a CHARM!

6. I Leveraged Almost All Social Media Platforms

You might be wondering, “Isn’t it best to focus on the few social media platforms that interest you?” Well, maybe. But there is a way to manage multiple social media accounts easily without pulling your hair out! And It wasn’t really that time consuming at all for me. Yes, it took time to set up the various social media pages at first, but after that I used tools like hoot suite to schedule posts to all of those sites.

And here’s the real formula:



  • The viral posts went out on all social media platforms.
  • All of those social media posts pointed directly to my blog.
  • Traffic from all of those platforms landed on my site, and in a Very Big Way!
  • Google saw this and rewarded me in the serps.

To Sum It Up

Affiliate Marketing was my highest earner in the first two months. Bringing in about $1700. Google AdSense came in second with close to $1100. The rest came from my own information products that were created and posted on my site. My products were also promoted in my email marketing campaign. The gross was much higher than $3700, but I just wanted to give you guys my ROI.

Now, I won’t say that this will work for everyone. Keep in mind that I started off with $1000 to use for marketing and content creation. But I still think anyone can do this and it really is pretty simple when you think about it! Blogging could be an excellent way to earn additional income if done properly!

If you have similar stories about your own blog, I’d love to read about it! Even if it didn’t work out, please leave a comment below. We’re all here to learn about how to earn with blogging!



13 Work at Home Jobs That Pay Up to $350 per day

Don’t forget to follow us on Instagram @acecashflow!

Having a little side cash never hurt anyone! That’s why I’ve got to share this post with you from Woman’s Day The original post was a bit out dated so we’ve added to it in order to make it relevant for 2018 and beyond.

Don’t think small of these available work at home jobs as many have turned out to be full time careers!

The contributors to this article are: Daisy Chan, Katina Beniaris, and Kate Ashford

13 of the best work at home jobs

Earn a steady paycheck without ever leaving your house. These easy work-at-home job ideas will have you earning cash in no time.


There are several virtual assistance jobs available these days. Depending on what you enjoy doing as well as your talents, you’ll find that many small businesses could be looking for your talents! You could do things like online research and data mining. If your good with photo shop you can lend your talents to create banners and photo editing. There’s also email marketing and development of small to medium business news letters.
You could even book flights and manage itineraries. Maybe you’re good with Microsoft office? You could set up spread sheets and create power point presentations. There really is a whole lot you could do as a virtual assistant!
best work from home jobs

What It Pays: Around $10 to $15 an hour

Perfect For: Someone who is very organized with the ability to multitask.

What It Is: Many companies hire self-employed virtual assistants to save employment costs. You will perform typical office duties from home such as replying to emails, managing calendars, entering data, and assisting with social media.

How to Get It: Start with websites like Upwork.comFlexJobs.com, and PeoplePerHour.com to find freelance opportunities related to virtual assisting.


As a transcriptionist all you need to do is turn audio into text files. You’ll listen to videos and  speeches and then write them into a text processor like Microsoft word. it’s pretty straight for and simple to do as explained below.

trascribers can earn anywhere between forty cents to eighty cents per audio minute transcribed depending on your level of experience. so there is plenty of potential to earn decent money if it’s something you enjoy doing. And nowadays there are plenty of transcription jobs available online. You can check places like fiverr or odesk and you’ll see plenty of people and businesses alike who need these services.

I would say that this is probably the easiest type of online job available today. The great thing is that you don’t need any specific programming skills or special website skills in order to do the job. If you’re  fast with typing you stand to earn a decent amount of money. Especially if you can turn your transcriptions in to text really fast.

best work from home jobs

What It Pays: Up to $25 per hour or more

Perfect for: Someone looking for a flexible job that requires little to no prior experience.

What It Is: Transcription essentially involves you listening to audio files and typing out what you hear. Easy enough, right? Companies usually hire transcriptionists without much experience, so some job postings might only require you to have a computer and keyboard to get started. Transcription jobs can vary from transcribing a college lecture to a doctor’s medical dictation, while most companies allow you to make your own schedule.

How to Get It: As a beginner, you can find entry-level transcription jobs on TranscribeAnywhere.comTranscribeMe.com, and Quicktate.com. Most employers give out a short writing test to measure your typing accuracy and attention to detail before you receive any official tasks.


What It Pays: $1 to $50 per survey, depending on how much time is required

What It Is: You might take an opinion poll, answer questions about shopping habits or review a product. You’re generally paid in cash (PayPal or mailed check) or with points that can be redeemed for gift cards.

How to Get It: Visit companies such as DarwinsData.comPineconeResearch.com and PaidViewpoint.com. (Search “surveys” on RealWaystoEarnMoneyOnline.com for more options.) Then sign up with as many sites as you can. The sites will contact you when surveys that fit your demographic pop up, and you take them right away. A word to the wise: Do not register anywhere that has a membership fee, asks for your Social Security number or bank information, or is vague about payment.

See Also: More Ways to Make Money from Home


What It Pays: $10 to $15 per test

What It Is: Many companies pay online testers to make sure websites are intuitive and easy to navigate. “You basically follow the instructions you’re given to check out the website,” says Anna Thurman, founder of RealWaysToEarnMoneyOnline.com, a site that has reviewed more than 500 online work opportunities. “It usually only takes about 15 minutes per test.” Thurman recommends registering with 10 to 12 different companies since the opportunities to test these sites are doled out first come, first served. “There are people who make $100 to $200 a month by staying on top of those tests,” Thurman says.

How to Get It: Begin with sites like UserTesting.comYouEye.com and Userlytics.com. Register with multiple companies for opportunities to test as many websites as possible. Once you’re in the system, you’ll be emailed when testers are needed, and if you’re one of the first to respond, expect to spend 15 to 20 minutes completing the test. Many sites require a microphone and/or webcam, which are built into most laptops—but if you need to buy one, they aren’t expensive. The tester sites typically pay within a week or two via PayPal.


What It Pays: $1 to $2 per 1,000 hits; Payment depends on how many people click on your video. Views on popular YouTube tutorials range from 20,000 to 300,000 and higher.

What It Is: Do people ask you your secret to perfect pie crust or how you made that wreath? “Everyone knows how to do something, or has a hobby they enjoy,” says Kimberly Lawson, owner of OohLaLuxe.net, who has created fashion and beauty tutorial videos. “These can easily be turned into profits.” Simply sign up for a free YouTube account. Then use a smartphone or digital camera to record yourself explaining and demonstrating how you work your magic. (If you’re more tech-savvy or have a burgeoning teenage filmmaker in your house, you can use desktop software, such as Windows Movie Maker, to create a slicker video.) “Once you upload the video to YouTube, enroll in its partner program,” Lawson says. YouTube will then place ads inside or near your video, and you will earn money from the ads themselves, video views and click-throughs. “The key is to put a unique spin on your video,” says Lawson, especially if there are lots of others on the same subject.

How to Get It:If you shot the video with your phone, open the YouTube app and hit “send.” If you’re uploading from a computer, visit YouTube, and click the “upload” button in the upper right corner of the screen. You’ll see a place to drag your video file. To enroll in the partner program, click on YouTube settings, check the circle next to “Allow Advertisements,” then click on “View Additional Features.” On the YouTube monetization page, opt in. Generally, you must earn a minimum before you get paid, and YouTube pays monthly—if you don’t earn enough in one month, the balance rolls over.

See Also: 6 Money-Saving Tricks that Actually Work


What It Pays: It depends on the company, but you typically take home 20% to 35% of sales in commissions.

Perfect For: Someone with an entrepreneurial spirit, loads of energy and a love of meeting new people.

What It Is: Think Avon or Mary Kay—you organize get-togethers to sell a company’s wares, whether those are bath products, gardening supplies, books or wine. Over time, you build a base of clients.

How to Get It: You can apply directly through the companies, such as Stella & Dot, a jewelry company that had over $100 million in sales in 2010. A few other good ones include Pampered Chef (kitchenware), The Cocoa Exchange (chocolates and more) and Avon(cosmetics; which only has a $25 startup fee). You can also visit the Direct Selling Association website at DirectSelling411.org—all the companies listed there agree to abide by a code of ethics, so they only offer legitimate opportunities. Typically reps make a small investment to get started (this is a legitimate and standard practice), and sometimes pay a fee for the merchandise being sold. After that you can work as much or as little as you want, and see profit based on how much you sell.

corporate english trainer

What It Pays: Around $15 an hour

Perfect For: Native English speakers with basic computer skills and an interest in other cultures who love chatting online or over the phone. Office experience is very helpful, since most students work in a corporate environment.You also need your own computer and a high-speed Internet connection. If you’re bilingual, that’s a plus.

What It Is: Students in countries including Japan, Korea, France and Germany are looking for English speakers to practice with. Sessions focus on things like making professional small talk or running a meeting (trainers are provided with specifics on how to teach each topic, and are also trained themselves for two days before starting the job). Lessons take place either over the phone or on a live Internet video service like Skype—sometimes at night, because you’re working with students in different time zones. You need to commit to a minimum of 20 hours a week at consistent times, and can work as many as 35 hours.

How to Get It: GoFluent.com is an English training company working with 12 of the world’s largest corporations. There are also jobs out there for English as a Second Language (ESL) teachers, which are more structured. Visit ISUS (iSpeakUSpeak.com), a placement and training company. While a degree in education or ESL is ideal, you are encouraged to apply if you are enthusiastic and articulate.

telephone nurse

What It Pays: Competitive with a regular nursing salary, which is $50,000 or more

Perfect For: Someone with a nursing degree.

What It Is: Health insurers or other health management companies, including Humana, Aetna and UnitedHealth Group, hire nurses remotely to perform duties like case management, treatment authorization and patient education.

How to Get It: To find the right position for you, check out the listings at major medical-job placement firms like MedicalJobsOnline.com, The Judge Group (Judge.com), and MedZilla (Medzilla.com).


This is great job for frequent travelers. In a nutshell, companies hire people to do manual search engine evaluating simply because search engines aren’t always reliable. They need a human instead of a coded algorithm to tell if something is working.

What makes a good search engine evaluator:

  • People with web search skills and good analytic analysis.
  • People who use search engines often and are good at typing up queries. Probably everyone nowadays!
  • People who understand american social media and pop – culture. Generally those who are up to date on whats happening now. being able to find trendy topics and such
  • Companies also want people with excellent comprehension and skills with the English language.
  • Additionally companies want you to have some kind of smart phone as well.

You will need to pass a few test in order to properly evaluate your skill levels. These test could be paid or free depending on which company you’re going with. Other jobs could include a social media evaluator as well. Social media networks have gotten so popular that these type of evaluators are valuable.

search engine evaluator

What It Pays: $9 to $10 an hour

Perfect For: English speakers who are up on movies and music, as well as those familiar with other cultures.

What It Is: Companies like Google and Yahoo! give you information to search for, and you tell them how closely their results matched what you were looking for. Does a search for Lady Antebellum turn up sites about the music group or links to pre–Civil War period information? If you are Latina, for example, you might be asked to search the way a Spanish speaker might perform a search in English. Jobs are usually between 10 to 25 hours a week.

How to Get It: Most companies hire through firms like Leapforce At Home and Appen Butler Hill.


A great majority of customer service representative are actually working from home. Employees are able to set their own hours and work at their own pace. The new security platforms for logging into these systems are excellent.

You will need to have a computer with moderate to good tech requirements. Additionally, you’ll need to have a solid internet connection as well. The company you choose to work for will be able to test your system though a user host protocol. There are also plenty of sales opportunities if you want to advance.

Bonus are generally collected for reaching a certain sales quota for sales customer service representatives.

These type of online jobs are widely available.

What It Pays: $8 to $18 an hour

Perfect For: “People” people with patience to spare who are good at talking on the phone while on the computer.

What It Is: Companies are looking for workers with excellent speaking abilities and solid computer skills to help customers find a correct size, place an order or resolve a conflict. Both full- and part-time positions are available, and you are generally required to devote a four-hour block of time.

How to Get It: Customer service is the biggest work-at-home field, with companies including Spiegel, Hilton, Best Western, HSN, 1-800-FLOWERS and many others using at-home reps. Fill out an application with staffing companies such as AriseAlpine AccessVIPdeskLiveOps, and Convergys, all of which vet the companies who are hiring through them. If you need benefits, search through a staffing company that will hire you as an employee (Alpine Access, VIPdesk and Convergys do this) rather than an independent contractor. If you’re a contractor, you may be asked to pay a small fee (between $15 and $35) for a background check. While a fee can be a sign of a scam, independent contractors are responsible for their own expenses.


Online teaching has grown quite a bit over the past few years. With internet connection speeds growing at an enormousness rate, it has become an attractive solution for teachers. Teachers can work on their own time an set up lessons based on their students.

Students are able to get personalized attention and communicate in a personalized way. Teachers in this field can even earn just as much as regular teachers. It has become a solid alternative to going to a school building to teach.


What It Pays: The average salary for the first year is around $30,000; teachers of some subjects are paid more than others.

Perfect For: Teachers who don’t want a typical school schedule.

What It Is: Instead of standing in a classroom, you’ll teach via Skype or in a prerecorded session. There’s a growing demand for teachers in all subjects, but especially core topics like English, history and science.

How to Get It: Check out K12 (K12.com) and Connections Academy (ConnectionsAcademy.com). Both organizations offer various benefits—including health insurance, retirement savings accounts and paid time off—depending on where you live. As in any job where you work with kids, there will be a background and reference check as well as interviews. You may also need to be licensed to teach in the state where the students reside.

virtual tutor

What It Pays: $12 to $35 an hour

Perfect For: People who only have pockets of time to work and an extensive knowledge of or expertise in a subject, or are fluent in a foreign language.

What It Is: You work with a student who needs extra help, usually for a half-hour over the phone or Skype.

How to Get It: Sylvan Learning (Tutoring.SylvanLearning.com), Tutor.comTutorVista.com and Tutorzilla (Tutorzilla.com) all offer a good cross section of the kinds of remote-based tutoring jobs out there, and they all have great reputations with students and teachers. Since you will be working with children, you can expect a background check before you are hired.

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Ace Cash Flow

Ever thought about putting up a website. It’s fairly easy to do and could bring in quite a bit of passive income. Blogging has become very popular in the last 5 years and has proven to be an excellent choice for affiliate and network marketing.

You could write about anything you’re interested in and monetize your site using things like google adsense. You can also sell and promote products from amazon by signing up for an affiliate account. The great thing about blogging is that it’s fairly simple to set up. Using tools like wordpress you can literally have your blog up within fifteen minutes. Then all you have to do is start typing! Start writing what you want the world to know!

You could then send your friends and family links to your blog to get conversations and get some traffic. We recommend you learn about search engine optimization for your blog. Understanding how the search engines work and how your particular keywords can be found is critical to a successful blog.  You can head over to google keyword planner and start typing keywords related to your blog. Google will give you an estimate of how many searches that particular keyword gets every month. You wanna try and find keywords with high search volume and low competition. At least 1k searches per month. You can then optimize your website with the keywords you found at google’s keyword planner. Search engine optimization is a world of it’s on so we will save that for another post. But many people are jumping on to the blogging band wagon. You try it out. It just might be the thing for you! Things like cooking recipes and women’s fashion seem to be trending these days.

How much can you expect to earn blogging?

This will depend on a couple of things.

  • Your chosen niche: Not all niches are profitable. In fact, there are some that are just a bad idea in my opinion. An example could be blogging about cute animals. There’s no way you can sell anything related to cute animals!
  • Your monetization methods: Some monetization methods are better and worse depending on your niche. Google adsense is one of the mos popular monetization methods for blogs. However, affiliate promotions may be more targeted depending upon the topic of your website.

If you’ve set up your blog correctly and you are getting traffic, there are plenty of ways to earn even money. You could promote products from sites like ClickBank and receive fairly high commission for referrals. You could also have google adsense put relevant ads on your site and get paid per click.

Many bloggers sign up for the amazon affiliate program to receive commissions as well. The great thing about Amazon is that you will get commission on anything they by from the site. Not just the product you’re promoting. People trust buying from amazon and don’t mind pulling out their credit card to make expensive purchases. This is good for you because amazon will even pay you for there other things customers might search from their site.

Commission Junction is another affiliate referral network you could join. using commission junction you could become an affiliate for sites like best buy, JC Penney, and many other clothing and department stores. This also includes music stores and musical gear and equipment stores too.

Raters to Review Google Ads.

If you go online you’ll notice the advertisements that pop up at the very top or in the sidebar. You job basically would be to make sure that the current ads that are popping up are relevant to what people are searching for. You’ll be looking to make sure the descriptions are correct and that they have good relevancy to the google search queries. Also you’d ensure that the titles are correct too. You’ll also look to see if there are any errors in the ads and such.

It’s a pretty simple job and it doesn’t require you to be on the phone. Also, the job doesn’t really require any experience although they will provide you with training.

Starting pay: $15 per hour. We consider this pretty high when we compare to most other work at home jobs. It is a part time job that could act as a good supplement to your other income.

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5 Types Of Friends That Will keep You Broke

When it comes to wealth, hanging around like minded people and friends are essential. It is said that we are the sum of the five people we hang around the most. Take a look around at your friends. Are they rich? Are they poor? Do they think big? This question might be an eyeopener for you. When you see others pursing big goals and dreams, it makes you want to do the same thing. When you see people always thinking small and doing small things, it makes you do the same thing. This exercise will help give insight on to which friends should be fired. As well as an understanding on which type of friends are best to hang around.

Here are

5 Types of friends that will keep you broke.


1. The pessimist

The pessimist is someone who always sees the glass half empty rather than half full. Ever got exited about something big you wanted to accomplish around a pessimist? You might have notice that they didn’t believe your dreams were really possible. But in an undercover kinda way. They probably told you how others have tried to achieve the same thing and failed. Or said something like, “That’s like impossible for someone your age to do”.  Or something like, “That’s already been tried and what makes you think you’re better than us”?

You’ll find that pessimist always have a negative outlook on things. Just try to remember it’s not because of you. But rather, it’s because of what they believe about their own dreams. Stay far away from pessimist less you loose your fire!


2. The Realist

The realist is someone who doesn’t believe in any form of over achievement. Just before we graduate high school our parents are great examples of the realist. When we were kids, say around 8 years old, our parents made us feel good about the dream of going to the moon. But as we got older, they told us be more realistic in life so that we don’t get disappointed. Realist are more afraid of disappointment than they are of success. Realist don’t take risk so therefore, they don’t go very far.

Be very careful around the realist. They are very contagious. They may make you feel that you’re aiming too far and perhaps you should set you goals on something more achievable. You could easily fall for this trick. Instead, find friends that think big. Their energy alone will give you the courage to try big things! And break up with the realist please!


3 The Dependent friend.

Do you have friends that just seem like they’re children? By children I mean, constantly depending upon you for everything. They need your opinion about everything. They expect that you will settle the bill for lunch without even asking. They believe that everything will be fine just as long as you take care of it.

The dependent friend will drain all of your energy and will power if you let them. Especially if you’re a generous type of person. The dependent friend provides no value in the relationship and therefore should be fired. Instead, put yourself around people that you can learn from and that are helpful. Figuring out the game of life is hard enough and the last thing you need is to be dragging a child around!


4 The distracting friend

Ever noticed that every time you wanna talk about dreams and goals, some friends just don’t wanna hear it?  Have you noticed how they’d rather talk about Kim Kardashian or the latest reality tv drama? Talking about your goals and dreams are one of the most important steps to becoming successful. The distracted friend will pull you away from that mindset and onto a poor persons mindset. A mindset of only entertainment and constant distractions from your purpose.

The distracted friend isn’t truly thinking about success even if they deny it. Truth is, they aren’t interested in chasing big goals and dreams. If they were, they’d be excited to talk about it. These type of friends don’t give you an outlet to express excitement about your future and are therefore, you should hang around them less and less. Don’t unfriend them as they could still be good people. It’s just that you need the energy of likeminded people in order to overcome doubt and renew your will power. That’s all I’m saying.


5. The friend who can’t be happy for you.

This type of friend is closely related to the pessimist friend. You’ve accomplished something great and they simply want the subject to be over with. They hate it when you’re excited about your achievements and look for the striking moment to change the subject.

They wanna change the subject away from the fact that you’ve landed your dream job. They want to change the subject away from the fact that you’ve done something and accomplished something no one else has. These type of friends could very well be the worst type of friends. You should celebrate your own friend’s success and therefore it’s ok to expect praise for those who call themselves real friends.


The friends we choose have an enormous affect on the person we will become. They have the power to kill our dreams or they could make us want to achieve our dreams. Without noticing, the people we hang around are constantly sending signals to our subconscious mind as to what kind of person we should be.

Look instead to surround yourself by dream chasers and big thinkers. These type of friends will keep us pushing hard for our goals. These friends will keep us on our toes and competitive. They’re energy multiplied buy our own energy will create synergy and what is know as “The Master Mind”. The accountability these type of people give you will only make you stronger and make you better. Additionally, these friends are key to your development in life. Always remember:

Think Big, Dream Big, Take risks, and hang around likeminded friends!

11 Ways I actually Earn Passive Income

Passive income was a new terminology while I was in college. I didn’t even know what it meant or where it came from. I soon figured out that it was one of the most important type of incomes that existed. It was the type of income that would soon set me free.

So what exactly is passive income?

Passive income in my own words:  Income that comes to you every week or every month things like rental properties, portfolios, or intellectual properties. It is income that, after it’s built up, puts money into your bank account probably for the rest of your life. It is also income that no longer requires your direct involvement. Income that will work hard for you no matter what.

Now what’s strange to me is that I had always thought that in order to earn money you had to put in time. In other words time was equal to money. I now know that is not true. Of coarse you must put in the time to build a business or create a source of passive income. But once the asset is created, you now go on to create another asset that will do the same thing. I’ve since learned that every dollar has the potential to go out there and find another dollar. And because of this I have been able to create multiple streams of income that will send money my way every month no matter what!

So here it is!

11 ways I actually earn passive income

1. Intellectual Properties.

So what exactly is an intellectual property? It is something that you’ve created with your mind. An invention derived from creativity. It could be a design or a book. It also could be songs you’ve written, a patent or a trademark of some sort. These all fall into the category of intellectual properties.

My intellectual properties are:

  • Books that I have written.

I currently earn a decent amount of money from books that are currently on sale at places amazon. While it took me a long time to write these books,  now that they’re published I will continue to earn income every week when someone purchases them online.

  • Songs I have written.

Yes I am a song writer and have written many songs over the years! Since I own the rights to these songs I’ll continue to get paid every time they are played on the radio. This includes places like spotify, pandora, Sirius XM. It is an asset that will continue to generate income for years to come.

2. Affiliate Marketing

What is affiliate marketing and how does it work? At it’s core, affiliate marketing is based on referrals. An example of this is: You own a blog and you promote a product on your website. No you don’t on the product. If someone were to purchase that product from say, amazon, you would receive a commission of up to 10% of the sale.

You refer people to products and services that you’ve tested in order for them to buy them. I have been an affiliate marketer for more than 10 years and it continues to pay me every month

3. Paper assets

Paper assets are things like Stocks, Bonds, and Mutual Funds. When done correctly, you can hedge investments and earn passive income from stocks. I have set up a direct link between my bank account and various paper assets to invest a certain amount each week. I use service like Acorns to automate my investments efforts into specific portfolios. Additionally, I follow certain stocks in order to take calculated risks.

4. Rental Properties

Rental properties have the potential to bring in loads of money! Rather than buy and flip a house, we purchase properties and rent them out. Our focus here is cash flow rather than capital gains. We use the banks money to finance the property and then our tenants pay the mortgage while we get to keep the asset! Sweet deal right?!

Again the idea here is monthly cash flow. Even if our property loses value due to market volatility, the monthly income continues to come in. In fact, when the housing market goes down, we get even more renters looking for a place to stay.  If done correctly rental properties can be an enormous asset.

5. Blogging

I’ve always been a big talker. Someone once said maybe I should right that stuff down. Or better yet, share you experience and expertise with others. That’s where blogging came in. I really didn’t earn any money at first, but after a while, say about a year, I started earning consistent money as a blogger. I could say now that blogging is close to being one of the top ways I earn passive income.

By talking about the things I love and my passions, I was able to turn my blogs into serious cash hogs! The primary tools with my blogs are Affiliate Marketing.

6. Google Adsense

Google adsense has been around for some time now. It is a top earner in my online businesses. Here is adsense in a nutshell:

On one side you have what is know as an advertiser. These advertisers have a product they want to sell. Sitting right in the middle you have Google.  And on the other side you have Publishers or bloggers like myself. The advertisers pay google on platforms like adwords and google will place those ads on publishers websites. When someone clicks on those ads, publishers like me get paid per click. If your website gets a ton of traffic, google adsense can easily become a substantial amount of money for you!

7. Selling a Product.

There endless types of products you can create if you really wanted to. I’ve created a product that is imported from China and sold on amazon. It really wasn’t that expensive to make the product either. Basically you want to create a product that solves a very specific problem. If you’re solving their issue, they will buy your product! Simple as that!

8. Purchasing Websites

I got in to purchasing websites about 2 years ago. On websites like Flippa, I was able to find websites people wanted to get rid of. I would buy them and then turn them into a profit. Rather than spending the countless hours creating a blog like this one here:), you can buy into a creation and make it better. Make it your own. I think this is an excellent Idea if you’re afraid to create your own blog. Find a site that a niche that you’re interested in see if you can keep the traffic coming in and turn it into a profit!

9. Invest in Peer-to-Peer lending.

Peer to peer lending has grown quite a bit over the last 5 years. It’s an excellent way to grow your portfolio of passive income! With this type of lending you can invest in small businesses as well as people without a “regular” bank involvement. The income you receive will come from interest payments on those loans. Sites like Lending club and Funding Circle are great for safely facilitating these type of loans.

It will however, require an upfront investment of a certain amount of cash. Even still, it’s pretty good and I still earn with these types of loans. Maybe you should give it a try!

10. AirBnB

My partner and I own a home in a college town that we use specifically for Airbnb. It has brought us quite a bit of dough over the last 3 years. The great thing with this is that we almost never go vacant with any of our rooms. We actually earn more with renting out the rooms separately than we would if we rented out the entire house. And people are still calling for vacancies!

It wasn’t too difficult to get into. I do advise to get a house maid or something similar to keep the property in check. We’ve had a few small things broken before. People tend to be messy quite messy as well. Still, it’s a solid investment. Just be sure to hire a maid or house keeper!

11. Small Business

We believe that building a business is the best way to earn passive income. Our blog here at ace cash flow is part of a larger business structure I’ve created. Although it takes time to create, and there are plenty of set backs, a business that finally turns to profit is an amazing accomplishment. Your business will continue to bring in profits without your direct attention.

A successful business is one that doesn’t need the owner or creator in order to continue to profit. Building a business is not the easiest thing to do and most will fail in five years. But, if you abide by certain “solid” business principals, you stand a chance at being very successful. In the end, you’ll be very glad you built it!

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Become An Entrepreneur in 13 weeks

Become An Entrepreneur

If you’ve already made a decision to become an entrepreneur we’d like to welcome you to the big thinkers club! The future will belong to the job creators and business owners. But this is more than simply being your own boss. And it’s even more than just making yourself financially free. it is more about you doing something that creates value in the market place. If your focus is to provide value than you will stand a good chance at becoming a great entrepreneur.

As our world gets smaller and smaller, becoming an entrepreneur is a solid way of taking hold of the future. We said in an earlier post that creating your own business an brand building might not be as risky as a safe and secure job. Since the 2007 American crash, the job market has been increasing volatile while becoming an entrepreneur has become increasingly attractive. We’ve put this post together to give you a simple step process to making this goal happen.

Here we discover how to become an entrepreneur in 13 weeks or less.


Become an entrepreneurMany people have found that the job they seek and the job they thought was waiting for them  doesn’t really exist. Others have therefore come to the final conclusion that they’d rather create the type of job and the type of work they love. A business or job that fits within their own personal life vision and life goals. But what ever the reason you’ve decided to become an entrepreneur, you can most certain start basically today

So how do we actually create a business around the things we love? And how fast can we do it?

In order to succeed at becoming your own boss you must understand it will take hard work and dedication. I know this is pretty obvious but fear not. If you’re creating a business around something you love then being dedicated won’t be a problem at all. You’ll find that you’re willing to work that much hard because it is something you love. Something you’re interested in.

Moreover, you stand to learn more than you could ever imagine by starting and running you’re own business. Although you may feel that this is too hard, we believe this not to be the case. In theory at least. Most all types of business have already been created so no need for you to recreate the wheel.

Remember that passion and a positive attitude will set you apart to  become an entrepreneur. Your mindset will be key. If you get into with the right mind set and focused goals you can make it happen. So take action! Don’t delay or procrastinate on your vision. Just do it and you will see that when you take the first step, the second step will appear.

The road has already been walked and they way to do it has already been set. Below are some proven strategies by “Action Trumps Everything – forbes.com” to becoming an entrepreneur in no time at all.


Paul B. Brown contributor

We have argued from the very beginning that everyone will need to develop entrepreneurial skills to thrive in the years ahead. Given how fast the global economy is involving and the number of jobs—and indeed entire industries—that are disappearing you simply have no choice.

And we have explored in depth the thought process you need to follow when dealing with all the uncertainty we now face.


* Determine your desire, i.e. you begin by figuring out what you really want to have happen. Then

* Take a small step toward finding or creating something that will allow you to capitalize on that desire. From there

Learn from taking that small step.

Build off that learning and take another step. Then

Learn from that one…and so on


Become an entrepreneurWe believe that these elements will support a smart strategy for any new enterprise. The idea of taking baby steps might seem a bit counter intuitive, but there’s much to learn to become an entrepreneur.  Keeping your tasks focused and small enough to do consistently every day will be the single determining factor of success.

Many entrepreneurs have a really big vision and really big goals only to take on too much at one time. Jumping all in is rarely ever successful. Risk management is an essential factor in any start up business. You can absorb losses more easily if you take smaller risks in the beginning.

This way of thinking will only create failure. Persistence and consistency will win you over in the long road. Try to keep your task simple, small, and easy to do every day. The way would look something like this:

Try – Fail – Try – fail -Try -success. You can see here that failing will probably be your biggest teacher to become an entrepreneur. Try again with the new information from failing and you will eventually succeed.


It’s a model that we call: Act. Learn. Build. Repeat.

We have taught this approach in our Just Start course (www.Just-Start.com). Tom McDonough (www.getappia.com), one of the participants in our course, has taken our ideas and built on it. He argues—and we believe him—that it is possible using this approach that anyone could develop an entrepreneurial mindset in 12 weeks. And he is in the process of creating a course of his own to show people how to do just that.

“Developing an entrepreneurial mindset is key to successfully managing one’s career in this time of rapid market change and the uncertainty it brings,” Tom says. “Yet many people aren’t cut out to be entrepreneurs in the sense of running their own business, so how can they develop the entrepreneurial mindset? The only way to develop it by doing―using the act, learn build repeat model.”

Here’s what we take from the underlying premise of Tom’s course.

1. Everyone is, or can be, expert in something. Or

2. Many of us can make things, or have ideas for a small service we could offer.

Given those two insights, the question is whether that thing, service or expertise is valuable enough that some group of people will pay you for it. If so, how do you get started and find those people? And how do you offer that expertise at a cost to you of less than what you get paid for it?

You might, for example, offer a course on Udemy.com. Or write a short manual and self-publish on Amazon. Or if it is a thing, you might produce it and sell it on eBay. And it doesn’t even have to be something you produce yourself. One woman we know has a nice side business inventorying and reselling old Cuisinart parts on eBay.

To Tom, it really doesn’t matter how big the idea could become, the key thing is to get underway to prove to yourself a) You can do it and b) whether you like the idea of starting and running something.

How might this work? It is not as hard as you think. To remain motivated Tom’s suggests you do this with a few friends who mutually commit to supporting each other. Each person:

  • Determines an acceptable hourly wage for him/herself.
  • Commits to creating a business that at the end of 12 weeks that:
  • Runs on a couple hours of effort
  • Yields profit equal to or exceeding the acceptable hourly wage
  • Can be shut down easily.

And you get underway “asking the question what could I start that could, within 12 weeks, begin to generate a modest profit ($250/wk. or $1,000/mo.) Just enough to make you a believer,” Tom says.

At the end of 12 weeks you will have shown you can get a company up and running and can sell a product. You may not want to continue, but at the very least, you will know that you can take action and produce positive results.

Again, it doesn’t matter if there is only a small market for what you want to do. Tom is trying to help you prove to yourself that you can be an entrepreneur. To do that, you simply need to start a profitable business. Any size proves the point that you can do it. There is no reason to require that your first business be a blockbuster. Many successful entrepreneurs have failed multiple tiny businesses on the way to their success.

Think of this as learning exercise that will help you gain the skills you need to thrive in the years ahead, no matter what you end up doing. You can afford to do, because the stakes are low, i.e. they are within your Affordable Loss and because they are, you can have fun while you are learning.

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We believe the mindset you’ll need in order to become an entrepreneur is Bold! You are the big thinkers that keep the economy moving. So long as you are creating value in the market place you are becoming a business creator. Your job is simple. Find a problem that the market place has, and then create the solution to that problem. You will do this by creating your own product or service to solve the problem.

However difficult the journey, your business will stand a high chance of making money if you follow these principals. Nothing will ever be guaranteed, however, we’ve set out to give you the tools to make it a high probability that you will succeed!