Setting up My Small Business Home Office

I recently incorporated my first company. It has one employee – me – and its only asset is this website. But it was a great feeling to officially become a small business owner, thereby joining 15 million other Americans. The reason for incorporation was primarily driven by the taxation benefits …

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Blogging Becoming a Serious Money Business

Apparently it takes 100,000 visitors a month on average to make $75,000 a year from blogging ($6,250 p/month)! Not so sure how realistic this is based on a piece I wrote about how much bloggers make, but I would put the number more at $20,000 or less per year for …

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Warren Buffet’s Berkshire Downgraded as AAA Credit Rating Lost

I don’t feel so bad about my past year investing. After all, even the world’s most famed investor – Warren Buffet – had his wings clipped today. Bloomberg reported that rating agency Moodys cut his company Berkshire Hathaway’s top-level Aaa credit rating by two levels to Aa2, on the falling …

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Frugality, Thrift and Saving – The New Norm

I got stuck in a major traffic jam again last week, a trend that seems to be getting worse. However this was no traffic jam on the freeway, highway or any kind of road. It was a lunch time traffic jam to the one microwave in our office as more …

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China Taking over the Internet as Usage Surpasses America

The internet and it’s evolution is synonymous with the leadership in American technology. However, like every thing else, the world is catching up and over taking the US. One clear example of this is internet usage, which is now the highest in China as shown in the graphic from a …

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Before Buying Stocks: Your Pre-Investing Checklist

As the stock market booms, many new and sidelined investors are getting tempted to jump back into the market. After all, you don’t want to look back in a few years and say, “If only, I had bought stocks then….” However, as past years have shown, the market can fall just …

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Last Minute Tax Tips

I just finished doing my taxes! A great feeling, especially now that I am expecting to get a refund. Having completed my taxes, here are my top tips to make sure you get the most from your return: Set aside 3-4 hours one afternoon to do your taxes online and …

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The Beginning of the End for the Mighty US Dollar

It looks the rest of the world is getting tired of using the once mighty Greenback as it’s reserve currency. Recent reports show that China and other emerging super powers have started seriously calling for the creation of a new global currency to eventually replace the US dollar. China, the …

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Breaking Down and Improving your FICO Credit Score

As you may know, based on some recent articles, I have started my home buying process. I have looked at many factors like the economy, monies available for down payment and job security when weighing the decision to buy a place. However, I have found that the one financial factor …

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