General

The "general" category is for articles that do not fit into other categories very well.

  • A picture of a downward trend trend line superimposed over money.

    How to Prepare for a Recession

    Let me say up front that I don’t know when the next recession will begin. They say you only know a recession happened after the fact because there must be 2 quarters of lost productivity. Most recessions are short enough that we get through them without much suffering. But everyone alive now remembers the Great Recession. That was a really rough time for my family. Three of us were out of work for a few months. When you run into financial problems they say you should turn to your family but that wasn’t an option for us. We had to look for other ways to get by. Not long ago…

  • Nicholas Bredimus

    A Case Study in Entrepreneurship

    If you want to become an entrepreneur it helps to study the careers of successful entrepreneurs.  Some of the best-known entrepreneurs had help getting started.  And though we can certainly learn good business lessons from them, we want to pay special attention to those people who managed to launch successful businesses without the advantage of a helping hand. You have to create your own advantages by building networks of reliable contacts, gathering resources, even arranging financing.  But you also need a rapid-fire business plan.  The critical component to the success of any business is cash flow.  You need to keep the money coming in faster than it is going out.…

  • Try Something New

    A Roundup of New Blogs to Check Out

    It has been way too long since I have written anything for this site.  I am sorry about that but I got very, very busy and just never found time to write something new.  But I have been keeping an eye on other sites that share ideas for making money or managing money.  Here is a short list of sites that I think are pretty interesting. Ben Thomas Budgeting with the Bushmans David Akeman Dream Horizon Edward Curzon Fit’n’Poor Frank’s Haven Journey to Saving The Local-invest Rotation Strategy Blog My Trust Fund Dreams The Paradox Blog The Pinchback Rags to Riches The Single Dollar Young Money While I cannot promise…

  • Use Coupons to Make Money Online

    Have you ever heard about “couponing arbitrage”? Arbitrage is the practice of buying and selling products and service at the same time (you act as a middle man), where you earn a profit from your sale. There is a sports betting system called “coupon arbitrage” but that is not what I am talking about here. Couponing arbitrage is the practice of using manufacturer coupons to buy merchandise on sale and then selling that same merchandise elsewhere. Manufacturers sometimes offer great coupons to retailers to help spur sales of old inventory or to generate excitement about new products. You may never see these coupons again but if you know the products…

  • British Investment Strategist Markas Gilmartin Advocates Professionlism, Ethics

    We have seen too many investment and financial services scandals. And there is no way to ensure we won’t see any more. Still, it is good to see financial planners taking steps to rebuild the credibility of their industry. In the United Kingdom that seems to be the story. It’s not so clear if American financial planners are making a similar effort. Every year we learn about some new investment scheme come unraveled. It should come as no surprise that small investors and even some wealthy people are losing faith in the industry that is supposed to safeguard their wealth and help them build the next generation of economic capital.…