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Selling on Amazon FBA: My Personal Experience

by Jon Dulin

This post is from reader Jon of Money Smart Guides, a personal finance blog that helps readers get out of debt and start investing for their future. He provides actionable advice to get you to where you want to be financially.

My experience

I enjoyed reading through Jackie’s Amazon selling experiment (parts one, two, three and four) and thought it would be helpful to share my own tips, tricks, successes and failures with selling on Amazon.

What makes me qualified to talk about selling on Amazon? I’ve been doing it for almost 2 years now to make extra cash. On average, I earn about 20% return on my money. While this is great, it did take me some time to get a handle on selling on Amazon. You can see a snapshot of my sales in the picture below:

Snapshot of Amazon FBA sales
Read the rest of this entry »

Posted in Make Money on 10.27.14 with no comments (yet!).

Is Your Teen Ready for a Checking Account?

by Jackie Beck

Some parents may not consider allowing their young teen to get a checking account at all, but there are valid reasons why it can be good for them to have one.

Factors to consider about teens & checking accountsA checking account can teach them how to use ATM cards, debit cards, and even checks responsibly while they are still under your direct supervision (as opposed to when they go off to college and aren’t…)

Consider the following factors when deciding when your teen should get a checking account. Read the rest of this entry »

Posted in Kids & Money on 10.20.14 with 5 comments.

On Investing: Risk Could be Almost Entirely Optional

by T. Miller

This post is from an evangelist of an investment method called valuation-informed indexing (VII). The post compares and contrasts that method with the more traditional buy-and-hold method, talks about the potential impact on retirement, and points out that investors have a Investment strategies matterchoice about how much risk they want to take on.

Investing research affects the lives of millions in intensely personal ways. We don’t get a second chance to decide on an investing strategy. Most of us have available to us about 40 years (from age 25 to age 65) to finance our retirements. The trouble is, there are millions who will be learning very late in life that they do not have nearly the amount of resources they need to finance a secure middle-class retirement.

Why? Because of their investing strategy. Read the rest of this entry »

Posted in Investing on 10.13.14 with 1 comment.

Find Your Money-Making “Something”

by Jackie Beck

When it comes to being successful and making more money, sometimes it’s hard to know exactly where to start.

Questions to ask when stumped for money-making ideasWhat if you don’t know what you’re good at, or are stumped for ideas? You know you want to do “something”, but aren’t sure what would be a good fit for you.

Here are five questions that can help you figure out your money-making something.

1. What do you like to do in your free time during the week?

Is that something you’d enjoy getting paid for? For example, maybe you’re a huge fan of a certain TV show, and you watch it all the time. There are people who make money from blogs and podcasts relating to TV shows. Heck, there’s Felicia Day, who makes money due to her love of gaming. Read the rest of this entry »

Posted in Make Money on 10.06.14 with no comments (yet!).

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