Tag Archives: make money


richer friendsI was at a conference for financial bloggers recently and one of the keynote speakers on the last day of the conference said something that caught the attention of a lot of people as good advice:

"Your income equals the average income of your five best friends."

I'm not buying it.

While those may not be his exact words, that's the gist of what he said. His point — and he made it often — was that being rich is great and if you want to be rich too, like he is, then go find some millionaires to spend more time with and surround yourself with richer friends.

I think some of his speech was tongue-in-cheek, but for the most part I think he was serious and was proud of his bank statements and income. I don't think being wealthy is anything to be ashamed of, and I applaud him for it.

Who doesn't want richer friends?

But what threw me, and what wasn't questioned at his talk to close the conference, was his advice to start finding and introducing yourself to richer people so that you can somehow glean the behaviors that help make them rich.

Really? Stop spending as much time with the top five people I know now and go look for five rich people to hang with? If dropping five friends for people with higher incomes is a path to financial success, count me out. And even if the speaker wasn't saying that those original five should be dropped, then spending a lot less time with them while pursuing richer friends sounds like a poor life choice. ...continue reading


cleaning businessAt one time or another you’ve probably been a little strapped for cash, as so many of us are. If you’ve wracked your brain to come up with a way to pick up a little green, but only come away with a headache, maybe you need to stop thinking so hard and start doing. A cleaning business is a great way to make money without a lot of overhead. But what steps should you follow to get started?

Decide on Your Target Clientele

Do you want to clean for businesses, or would cleaning homes be more up your alley? If you aren’t sure, first clean the home of a friend or someone you trust to be honest with you about the end result. Then, ask them questions such as whether or not they were satisfied with the length of time it took, the cleanliness, etc. This could be a valuable way to discover if you are suited for this line of work before you start setting up clients.

Set up a Bookkeeping System

Even a simple cleaning business will need a bookkeeping system of some sort. If you are going to be a one person team, you will still need a spreadsheet or some other way to keep track of your income and expenses. Don’t order checks and business cards right away, however. These things cost money, and until you get rolling, you might be putting the cart before the horse. ...continue reading