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How to Make Money Online Yet Again?

Oh no, not another how to make money online article! Okay, only this one is a little different compared to all the rest. Do you know many of them are on the World Wide Web? It is safe to say they are in the millions but who really knows! Do you really want to know how to make money online without all the hype and over-salesmanship stuff. If your answer is “yes” then know it starts with hard work. The same hard work it takes to make money offline is also the same hard word it takes to do it online. Making money in any arena usually means hard work.Beware of these so-called online entrepreneurs making most of their money selling things that tell people how to do the same thing. They really give the online-money- making industry a bad name. But it is possible to make money online! There are many legitimate online businesses on the internet. The problem is that the real ways to make money are not just get rich quick schemes. Most of them require a lot of work and sometimes a lot of dedication before seeing any return on your investment. Thus, working from home and being your own boss is not without its trial-by-fire type of deal; yet, it can be very profitable beyond you wildest dreams if done properly.The first step in how to make money from home is to start building an email list. Regardless of what mode or vehicle you use to make money online, you need to have an engaged subscriber list. It’s internet 101, to immediately start building a list to share valuable information with you email list members. Don’t even think about selling them anything until you’ve built some rapport and established some trust them.Next, we will look at the different avenues a person can take to make extra money online:Paid Online Surveys – You can get paid in your PJs just to provide answers to paid online surveys. As with anything else online, be sure to do your due diligence. There are many shady actors operating in the shadows of a reputable service. Make sure to double-check everything to determine how you will be compensated.Forums – You can make money online running a forum. If you have a good idea for a forum you can create one online and eventually start to make money from it. However due to intense competition, it has become difficult to launch a successful and active forum.You can make money by domain trading (selling domains). Meaning, you can buy domain names, build a website around them, give it authority and relevance by providing useful information to individuals online. Finally, after a couple of years of building your domains’ “brand”, you can market and sell them to parties interested in buying high-ranking domain names. You can earn good money doing this type of work!Finally, you can make extra money from home as an affiliate in the following ways:You can learn how to recommend popular proven products and solutions so you can generate commissions. What better way to leverage somebody else’s time and effort. All you have to do is learn how to sell what somebody else did all the work to produce. Many people simply build tribes of loyal engaged followers so they can market products sold by other people. Now, imagine the possibilities when you can produce your own product and sell it, keeping all the profits.Using the leverage of the internet to run your own residual income business, otherwise known as network marketing business, is where it is at! It is truly the game-changer of online business opportunities in this new millennium. In the past, consider, for a moment, how hard it was for people to run their network marketing business in the past. Now you have the ability to tap into the internet to learn how to build a pipeline of good qualified leads that you can sell to. Remember, an email list is key and top priority. Network marketing is the ideal opportunity to learn how to earn money at home and is totally open to everybody, you just have to jump in and trust yourself to master the necessary skills in such journey. In the end, just remember there are many ways to make extra money online if you are willing to do your research, attain the necessary skills, plug into the online business which makes sense to you with their products/services and compensation plan, and just go out there and hustle.

Finances During and After Divorce

Once the decision to divorce has been finalized, most people pass through the stages of grief associated with the loss of a loved one. While no two people experience the same journey, we all experience the stages, with some people skipping a stage while others repeat some of the stages. Those stages are Denial, Anger and Resentment, Bargaining, Depression and Acceptance. You will likely experience most or all of these stages. Google the stages of grief. Understand them. Anticipate them. Make them yours, and then let them go.Push through the pain to understand your financial condition. It’s important for you to understand what that condition is, so you can be a helpful part of your legal team in looking after your best interests. No one knows better than you what is best for you, and to be a emotional wreck curled up in a fetal position won’t help your future.Like the coach on the sidelines, you are the one person responsible for guiding your team toward its goals. Your legal or accounting teams are your quarterbacks on the field, where they call plays and physically move the team. You call the shots, however. You send in the plays. You direct the Big Picture. Be involved and stay involved.Make certain you don’t put yourself into a position where you accept an unfair divorce settlement knowingly. Most partners who just want to walk away and avoid a fight usually do so at their own future peril. As tough an enormous emotional challenge as this is, see it through.Take a financial snapshot of yourself and your situation soon after separating from your spouse. Inventory everything you own. If possible, make a video of as many possessions as you can.Avoid mistakes. Trying to undo mistakes after the fact, especially after considerable time has passed, can be very difficult. If you give short shrift to any of the following, you run the risk of getting less than you deserve.Create an interim budget based on what expenses you personally will need to maintain. Call this your separation budget. This budget will serve you (and any attorney) well when you begin discussing transferring assets with child support, alimony or any transfer of possessions.Determine the fixed expenses you’ll incur over the short term, which will contain housing, utilities, retirement, insurance payments or auto expenses. Make lists of expenses you’ll retain, expenses your ex will retain, and expenses that may need to be negotiated.Are there any assets that are at risk if the payments don’t get paid? If so, identify them along with how long the creditor will remain open to payment. You may wish to hire a Certified Divorce Financial Analysts who can thoroughly sort out your marraital asset accumulations.Understand the degree of liquidity of your assets, and how they relate to the current economic conditions in society. Some assets like real estate or automobile collections can be highly illiquid if market conditions are bad, or if you and your spouse disagree on a price for those assets. Know the liquidity difference between retirement accounts versus brokerage accounts.Retirement accounts are somewhat illiquid, in that assets removed from them result in tax consequences, and if the withdrawal occurs before age 59 1/2, an IRS early withdrawal penalty.Get a complete picture on how much cash is on hand. Make sure you include any accounts used for specific purposes (vacation, Christmas, etc).Personal collections, which can include autos, guns and the like, can be somewhat illiquid, with valuations speculative.When fashioning a wish list of what assets you want from the marriage, don’t take on too much illiquid assets unless you’re certain you can manage without being forced to sell those illiquid assets. If you get the house and he gets the cash, you could be at a disadvantage if you need to raise some cash in the future.Assemble the marital assets according to cash flow from each. Here again, you may not want to assume assets that don’t produce cash flow.If a particular asset should be sold, is the market good or not so good? In light of depressed 2009 economic conditions, one asset may be preferable to sell over another.Be certain to identify all assets- Leave no stone unturned. Spouses have been known to conceal assets prior to or right after a marital separation. You (or your team) will need to be sleuths to be certain all assets are included. Some are hesitant to disclose a piece of art or jewelry, but if you’re forced to admit it exists and you lied to your attorney, it makes for messy relations. On occasion a forensic accountant is hired to locate missing or hidden assets, and the costs are borne by the overall aggregate in most cases.Be certain you have copies of tax returns. They provide the basis to begin the discovery process (most people are afraid to lie to the IRS). You or your team will want to go back 5-7 on tax returns, looking for evidence of trusts, partnerships, private placements, real estate holdings, and the like.For couple involved in a business, tax returns can expose a spouse trying to cook the books in his or her own best interest. A common ploy is to put a friend on the payroll and, for a fee, return the salary back to your spouse.Get copies of checking and savings accounts, going back several years. Reviewing statements can reveal the transfer of money or the payment for a now hidden asset. Income and/or capital gains will also appear on one’s past tax filings.Brokerage accounts offer the same paper trail. Obtain copies of these statements going back at least 5 years.Determine if there was ever an expense account connected with employment. Examine what was paid back and how it was categorized.Companies often grant stock options to employees. These stock options are often listed with benefits statements from the employer. Make sure your side demands to know about any stock options and the potential value of them in the future.Are there any children’s accounts? UGMA, UTMA, 529 plans (College Savings Accounts) or other accounts? Stock dividend reinvestment plans (DRIPS)? It’s wise to get copies of these account statements too, because assets can me moved around, or accounts can be liquidated and residual value returned to the parent. These accounts can be great places to park money until after the divorce.If there were previous marriages between you two, and assets were owned before your marriage, they will likely be treated differently than marital assets. Your Financial Planner or Forensic Accountant can explain how each are treated.Know your Insurance Policies. Home and vehicle insurance should be reviewed, and consider contacting your agent to request notice of any changes. Life insurance annuities or other insurance contracts, including business-related 2nd to Die insurance policies or Buy-Sell agreements, should be examined. If you and/or your spouse have owned a business, be sure to explore all insurance policies.Debt and Credit Issues. Retrieve copies of your credit report from each of the three national credit-reporting agencies. Federal law allows us all to receive one free credit file per reporting agency per year. Determine your FICO score(s) and scan each file for any unrecognizable account listed on each. If it makes sense to do, consider placing locks or holds on credit files to prevent further credit being applied for. Speaking with a divorce lawyer on this one would make sense.Close all joint accounts. Doing so early on in the separation and divorce process can get tricky. Closing them in most cases can be done just by yourself. If you close a joint bank account and remove cash, consider giving your spouse half, or less than half if you intend to reserve some cash for joint bills. As long as you retain, and spend the money fairly, you likely won’t get into hot water with the court. Some might be tempted to leave more than half in the account, being considerate that your spouse will use some of it for your half of expenses. Don’t assume this will happen. Many spouses will take the money, consider it all theirs, and then demand “your half”.Your marital status at year’s end will determine how you file next year’s taxes. Whether you file married filing jointly or married filing separately can be determined by you and your spouse, or your attorneys, but in no case should be left out of your final written agreement. Have a contingency in the final decree that should there be any penalties, interest or further taxes owed by either, that it be spelled out who pay, when they pay, and how they pay.Retirement Accounts- Know the rules of the road. A Qualified Domestic Relations Order (QDRO) is a court order mandating that certain assets in a retirement account be transferred from one spouse’s account to the other. You need to fully understand the many tax ramifications and penalties associated with not using a QDRO or distributing from a retirement account. IRA Accounts. Regular IRAs, Roth, rollovers etc. Know how these accounts are treated tax-wise. Removing assets often involves taxes and often penalties before age 59 ½ and 70 ½. 401(k)s and 403(b)s are most often the accounts that receive QDROs.Taxes. If there are significant assets, consider an accountant to determine what tax obligations would be incurred selling any of your assets. Knowing one asset incurs a much larger capital gain tax if sold rather than another asset may cause a decision to choose one asset over the other. If either of you were married previously, and one of you moved into your spouses home, and that home is sold, a capital gain calculation will be different than if you two bought the home together. Speak with your team to determine which tax filing status is more advantageous to you, and negotiate toward that end. Insert language that spells out exactly how an asset is to be sold, how the taxes are claimed or distributed, and how any taxes must be paid.If you sold a home prior to 1997 and rolled that capital gain over to an existing home, and then sold that home, the old rules apply to determine the cost basis for the current capital gain amount. This would increase your gain and possibly influence when and how much you might sell the property.After the Divorce process is completed Credit, Debt and the New You. Begin by establishing your own credit file. Federal Law requires that each credit customer be allowed one free credit report from each of the three national credit-reporting agencies. You’ll want to request the file individually, but the reports will likely result in joint information. Requesting the report individually actually establishes an individual file. If you have an inadequate amount of individual credit history, you’ll want to establish several accounts as soon as possible. Keep in mind that you only want credit cards that you’ll actually use, so don’t go crazy trying to accumulate credit cards.Retrieve the budget you created during the early part of your divorce, and revise it based on your new circumstances. Make sure fixed costs appear there (housing, utilities, car payments, contractual payments, etc.) and include any new spending pertaining to your single needs.If you don’t know where you’re going, any road will get you there Be flexible. Your new life, especially if it includes raising children, will offer more surprises than expectations. Remember that while you personally endured the divorce, children suffered through an event too.Attend to beneficiary concerns. You must name them as soon as possible, because if you don’t, and you die, your state will impose a will on your heirs (in testate) that can result in your wishes not going fulfilled. Wills, Trusts, retirement accounts, bank accounts and insurance contracts will need to be revised. Don’t put it off.If you haven’t already, create a personal blueprint that lays out goals, wishes and aspirations you’ve developed over the years. Be sure to include the dreams and desires you may have developed in a marriage that didn’t allow them being fulfilled.

Understand How Owner Financing Works In Order To Sell Your House Quickly

Wondering how does owner financing work and how to use owner financing to sell your house quickly? The following insider information will reveal secrets bankers don’t want you to know.Out of the ” 8 different types of seller financing strategies ” that exist, the wrap around mortgage was one of more powerful ones used to sell houses in the 1980′s, when there was a deep recession like now and when the interest rates were in high 18′s and low 20′s.Real estate agents and brokers were faced with a major problem in the 80′s selling their clients houses at those street loan sharks interest rates. Owner financing became a solution for home owners who could not sell their homes due to the recession. The wrap around, was also used for those facing foreclosure and thinking about doing a short sale on their house.Owner FinancingIt simply involves the prospective person purchasing the house, where he or she gets a complete home mortgage from the home owner selling the home and not the local bank. The home owner selling the property takes the position of the lender ( the bank ) and then the buyer will now pay the home seller every month for the life of the loan.When Does One Use This OptionHome Seller – When the home owner has run into problems selling the house and just can not wait any longer to sell the house.Buyer – If for some reason the prospective buyer cannot get financing through traditional means like going to their local Chase or Citibank branch for a home loanLender Loan Restrictions – The bank will not finance a particular type of property for what ever reason.How does Owner Financing Work?It is quite simple – The home owner ( you ) eliminates the bank from providing a home loan to your prospective buyer. You as the home seller take some form of advanced payment from the buyer to secure the property & provide the home loan instead of the bank.The terms of this loan is all in a contract drawn by your attorney, it is a written promise to pay which requires the buyer to make monthly payments to you as the home seller for the agreed time in the contract.The house buyer with a trust note in his possession, has a binding contract as the buyer of this property legally, all without any red tape from a local bank. An additional legal piece of document lays out the right to take the property back if the buyer does not make his payments as agreed upon.What Types of Property Are Good For Seller Financing?If the home owner is in some form of distressed situation and need to sell the house quick, or the property is in pretty poor shape, or the just sitting there and not rented out, then he or she may consider seller financing.Things to be considered is when the property has a some form of tax lien or mortgage attached to it. This option is most suitable when the house is free and clear of any existing loans on the property.8 Ways You Can Benefit From Owner Financing* Speedier sale.* No waiting for bank approvals.* No bank or origination fees to the buyer.* The process and document preparation is much lighter.* The down payment can be made smaller to sell quicker & appraisal avoided.* Flexible terms can be arranged for you and the buyer unlike bankers.* You may be able to get closer to the price you are looking for since you are financing and the buyer is having trouble getting financing from traditional lenders.* You may make future income from the interest rate you set to the buyer.Double ClosingMost home owners object to this type of financing arrangement, primarily due to not receiving full payment of the sales price when their house is sold. The Solution use what is called a ” Double Closing “. You the home seller, just sells your note to a note buyer immediately right after the right after the closing.Everything remains the same when the note buyer purchases the note, terms * interest stay the same and this in no way affects the house buyer.Issues with Owner FinancingThe biggest issue with this option is, it seems to difficult to do, but with the help from an attorney it can actually be a simple process.Another issue is, to being sure about the buyer and how responsible they will be. Different creative solutions can be applied like getting 2 – 3 advanced monthly payments.If the buyer defaults the home seller feels like they are not equipped to handle this, but with the right attorney and help you the seller can repossess the property.Owner financing – if used properly is a very powerful creative financing tool to get your house sold right away, if it sounds like a possible solution that you would consider, seek out professionals that use these themselves and are familiar with them to explain to you how does owner financing work.Now that you are more educated about owner financing, and wish to learn more… here are 8 tips for selling your home using seller financing are 8 types of seller financingNow that you know how owner financing works, discover the 8 different types of owner financing home sellers have used to sell their home. Visit our blog category section “house selling tips” for more helpful information… Click Here Now: How Does Owner Financing Work