Comments on: Make Your First $2000 with Affiliate Offers and Craigslist Marketing

By: AEL

AEL — Tue, 22 Jan 2008 15:21:03 +0000

Shakespeare wrote that loaning money to a friend is a good way to lose both friend and money. So what do you do when a relative hits you up for a quick cash infusion? Tread carefully.
Often, the First Bank of Dad (or Mom) is the first place people turn when they have financial trouble, and many do have a need. A recent survey by Fidelity Investments found that 41 percent of U.S. households did not have emergency funds sufficient to cover three to six months of living expenses.
The first choice for cash during an economic catastrophe? Family and friends.
So if Uncle Bob puts the bite on you at the next family barbecue, here are some things to consider:
• Do you really have the money? “It’s the same rule as gambling: Don’t loan what you can’t afford to lose,” says Ira Bryck, director of the University of Massachusetts Family Business Center in Amherst. Even if you’re driving a Mercedes and living in a good neighborhood, if you haven’t got ready cash lying around, a loan might not be feasible.
• What’s the money for? Are you loaning your daughter $500 to put groceries on the table while your son-in-law is out of a job? Or does Cousin Ed want $15,000 to start a mink farm? And if you’re loaning money for a small business, is the venture stable enough that you’re comfortable with the risk?
• Is the borrower likely to repay you? Look at the person’s past behavior. If someone consistently borrows money and never pays it back, chances are he has no intention of repaying you.
• Could the loan cause a rift in the family? This comes up a lot with siblings who borrow from parents, says Bryck. The one who doesn’t get the loan thinks the parents are playing favorites. Or the siblings accuse the borrower of draining the inheritance. Bottom line: If you’re the lender, it’s your money to spend. But be discreet if you want peace in the family.
• How much will the loan cost you, and is it going toward something that you value? If your nest egg earns 7 percent annually, and a family member wants to sideline $20,000 for five years, the real cost is $28,052. But you might feel it’s a smart move if the cash helps Dad hang on to the house or enables your nephew to finish medical school.
• Does the relative have other options? If the kids are in the habit of going to the Bank of Dad because the rates are so good, it might be time to introduce them to your local loan officer or credit union. Conversely, if their credit is so poor that they can’t qualify, you need to know why.
• Can you easily live without the money for the term of the loan? What will you have to do without if you give up the money? Even if you’re “only” taking it from savings, will the loan rob you of a much-needed cushion if you’re the next one in the unemployment line?

By: Dolores

Dolores — Mon, 21 Jan 2008 16:14:44 +0000

I may have never found this information in the search engines if you didn’t mention it on your blog. (that whole keyword thing)

People comment on others content if it appeals to them, that is what the internet is for sharing information. Keep blogging don’t give up!

By: make money with craigslist

make money with craigslist — Mon, 26 Nov 2007 18:27:05 +0000

I’ve been doing Craigslist marketing long enough to know that you need to stay away from public blog hosting services. Also, the days of direct linking from your Craigslist ads is getting VERY tough. You are looking at registering your own .com’s if you want to link directly from your ads. The best approach would be use an autoresponder in conjunction with your ads.

By: Michael Woo

Michael Woo — Thu, 15 Nov 2007 15:34:03 +0000

I agree that you said that make money online products are saturated, furthermore there are loads of scams and schemes which doesn’t work..

And I’m also a happy publisher for commission junction i think that they have loads of good affiliates but sometimes it just boils me that they don’t let me apply to become and affiliate for a specific advertisers.. like yahoo web hosting..

By: Dee Barizo

Dee Barizo — Wed, 07 Nov 2007 15:49:22 +0000

Thanks!

By: Missy

Missy — Wed, 07 Nov 2007 05:25:26 +0000

I’m a subscriber and the only reason i did so, was because i looked over many posts on the blog, and found alot of good stuff. Otherwise i would not have.

Keep on trucking Dee, we all have good days and bad days.

By: Dee Barizo

Dee Barizo — Mon, 05 Nov 2007 21:49:14 +0000

You’re welcome.

Thanks for sticking around. And I’m glad to know that Net Business Blog is one of your favorite blogs.

By: Freelancing Tips

Freelancing Tips — Mon, 05 Nov 2007 21:29:29 +0000

Dee, I’m glad that you took the comments in the spirit that they were given, at least I can speak for mine. I like to read your posts because I find them fresh and original. There’s so much regurgitated stuff out in the blog world even from the “big” bloggers that I got a little frustrated when I saw a rehash of someone else’s post on Net Business Blog, which is one of my favorites. I look forward to reading original stuff from you!

Thanks for responding!

By: Dee Barizo

Dee Barizo — Mon, 05 Nov 2007 20:34:18 +0000

Thanks for the encouraging words :)

By: Community Building Blog

Community Building Blog — Mon, 05 Nov 2007 20:21:35 +0000

Don’t be disheartened, Dee. I have written posts on my blog and later looked back at them and known I can do better. Accepting the fact that you aren’t always going to produce work as good as you can is just part of the blogging process!

- Martin Reed