Do you want to know what my goals are for this website? It has been a while since I have provided an update for all of my readers. Unfortunately, I haven’t been able to focus on this site as much as I previously planned. When I’m not working full-time, in class, or writing articles for my site, I feel as though I need a little fun! So, instead of creating 10 new sites like I had planned (by the end of July I believe), I have been running, playing golf, and even a little video game play as well. It has been nice to be able to relax and have some fun once in a while, but it’s time for me to get serious and work on my website goals again.
My Main Goal
One of my major goals was to pay my house down to $40,000 by the end of this year. Currently, that number resides at about $55,600, so I still have a long way to go to reach this goal. The plan was to create 10 websites and earn them a PR, as well as buy and sell a couple of cars for a profit. So far, none of this has happened (embarrassing….), but today is the day to change that! I have my list of names for my 10 sites and I am motivated to create them on this very day (so stay tuned). As for the car flipping, I haven’t started this for three reasons. First, I have not had the discretionary income to feel comfortable buying a second car to resell. Second, I just haven’t seen anything that I could make a quick buck on (with little risk). Third, it takes time to find a good deal on a car and time to sell it! I just haven’t been able to devote the time to this.
It’s going to be extremely difficult, but I am still fighting to get this goal accomplished. I figure that by the end of the year, I’ll be able to throw $7k or so at it from my main savings, and possibly another $2k from my car flips (winter-time flips are tough though). So, I really need to make some money with my new sites in order to make up the other $6,000. I have a little less than four months to make this happen, which isn’t a lot of time, but it is still possible.
There is always some good reading out there. Here’s a few articles that I ran across this week. Enjoy these quality reads!
10 Things You Should Do Before Buying Your First Home – by One Cent at a Time
Should I Roll Over My 401(k)? – by the College Investor
What Your College Won’t Tell You About Your Money – by Faithful with a Few
How We Started Our Online Party Supplies Business AND a Giveaway – by Budgeting in the Fun Stuff
How Do People Survive on Minimum Wage? – by Wealth Informatics
How a $75 Parking Ticket Almost Ruined My Life – by Good Financial Cents
Five Signs That You May Be Heading For Financial Trouble – by Frugal Toad
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.