Money Buys Happiness When I Spend it Right

As my net worth has increased over the years, I have not always been happier. However, I find I'm happier when I allocate my money for certain purposes rather than simply going out and purchasing a lot of meaningless stuff. New research conducted by economists from the University of Pennsylvania and the University of Michigan shows money does buy happiness. According to a recent article by Forbes, people in richer countries are happier than those in poorer countries. Moreover, the richer people are happier than the poorer people living in the same country.

1.) Hitting that happiness plateau

Researchers have said in the past that people reach a so-called happiness plateau at about $75,000 a year. However, the new research shows that as a person's income increases, they continue to climb the "satisfaction ladder." I would speculate that happiness increases because the more money a person has the more choices he or she has. Money obviously brings financial freedom.

2.) Spending money on experiences

I have found in my own life that I'm happier when I spend money on travel or experiences with family and friends rather than material things. At the same time, I'm happier when I feel secure. As long as I can pay off my credit card balance after buying plane tickets or booking a hotel, I am perfectly happy.

3.) Achieving a sense of security

I feel happier the closer I get to paying off my mortgage. Being free of a mortgage gives me a sense of security. However, I don't think I would be happier purchasing a bigger and better home. Most of the people I know who chase after the next best thing don't seem happy. Having more money gives me the freedom to pay off my debts including my mortgage.

4.) Being free to help others

When I use my money to help other people, it also makes me happier. I think having a lot of money in the bank would give me an empty feeling if I didn't choose to use it for positive things in this world. A lot of people say money doesn't matter until they don't have enough money to help their loved ones.

5.) Working too hard for the money

Although having money can increase a person's happiness, there is often a cost involved. I don't want to become in workaholic in order to have more money. My strategy has been to invest as wisely as I can in stocks and exchange traded funds that pay dividends so I will have passive income as I grow older. Although a lot of us talk about working until we are 80, our attitudes may change in another 40 years.

While I still have far to go before having millions of dollars in retirement, I do feel happier as my life becomes more financial secure. I like knowing I'll be able to leave my children a few gold coins they can throw into a wishing well for a happier life.

Splitting Our Family Bills

Personally, I feel it's important to keep things fair when it comes to relationships and money. Money issues are a leading cause of divorce; therefore, having a system in place to regulate the spending of family money can be critical to a healthy relationship. Some couples split things 50/50, and that can work well, especially if both spouses earn about the same amount and keep their personal discretionary spending reasonable. It seems to be when one spouse earns or spends significantly more than the other that the problems with that sort of system can arise.

Since my wife earns more than I do, and since I work from home, we've developed a system for paying our regular expenses that works well for us, keeps animosity about spending to a minimum, and helps keep things fair.

Regular Costs (Utilities, Food, Children)

When it comes to items like utilities, food, housing costs, school fees for the kids, and other items that we consume or are responsible for equally, that is how we split them…equally. My wife enjoys the occasional gourmet coffee or lunch out with friends on her own dime and I enjoy the occasional fast food meal on mine. We each have our own preferences when it comes to these separate items; therefore, it's fine with both of us to cover our own such costs.

Clothing

Besides clothing costs for the kids, our individual clothing costs are kept separate as well. Since my wife works in a more professional setting, and I work from home, you can imagine that there is a significant difference between our annual clothing costs. And since my wife's clothes are for a job in which she earns significantly more than I do, we consider it an investment in her work. This way I'm not paying hundreds of extra dollars each year for clothing that helps her earn much more money than I earn in my pajamas and sweatpants.

Health Insurance/Vehicle Costs

My wife covers our health insurance and vehicle costs. Our vehicle insurance runs about $700 a year. Since we have an older vehicle, it requires a decent amount of repair work each year as well, often running between $1,000 and $1,500. Add in our health insurance costs to this at what will increase from about $127 a week to about $157 a week and she's looking at another $8,164 or a grand total of right around $10,000 a year.

Since my wife is a type 1 diabetic, drives the family vehicle, and has employer-sponsored health insurance, we feel that her covering these related expenses is fair, and since I balance it out with the next portion of our expenses -- childcare -- it actually works out in her favor.

Childcare

We're able to balance out those higher health insurance and vehicle costs that my wife has to carry, by my bearing the brunt of our childcare needs. Working from home, I'm able to care for the kids. And as our first child moves into the public school system, our second has just been born. With daycare costs often ranging from around $9,000 to $13,000 a year -- depending upon the age and needs of the child, as well as amount of time spent there -- my ability to negate this cost saves us a huge amount of money each year and more than balances the amount my wife my pays to cover vehicle costs and health insurance.

Therefore, even though we make different amounts of income and have different spending needs, we are able to create a plan that balances those differences and I'm able to make up the difference in annual salary through non-monetary actions and cost cutting. This leaves us both satisfied with our bill splitting, and neither of us feels guilty or angry about one of us spending more.

Earn $1000 to $1500 a Month - Easy and working method

Here is my method which brings me $1000 to $1500 a month easily, if you invest a small effort into in and you can be a bit patience with it.. When you completely learn this method, you will be able to see the future and it's completely free, so anyone can do it.

What you will need is a website or simple blog (use wordpress), Google Adsense account and Amazon affiliate account (or you can also use CJ and Linkshare).

• You can get a cheap custom domain and hosting here

And please remember - This is not an exact method, this is just an example. You need to use your brain and get the idea from it. Use your own twist to earn big $$$$. Use Amazon or CJ for physical products, Adsense as main second source, clickbank for e-products (For simple advertising) etc.

 

You need to follow these steps :-

Step 1 :- Go to the Google News section and type these words "announced" or "Launching" to the search bar. Browse the results until you find something which can be monetized easily. 

We have here a new GeForce GTX 690 graphic card announced. Price is set to $999 approx and Amazon and CJ will probably sell it, you just need to find it when it comes in amazon.

Step 2 :- Build a website for the keyword GeForce GTX 690. Create other pages for other keyword (Do some keyword research and don't worry if the search results are not high, its because the card is not released yet. Just look at other models like - GeForce GTX XXX review etc.), Make your website looks professional, it will help you to increase your conversion rate. Collect as much as information you can about the card.

Step 3 :- Now its time to post this information on your website/blog. Add few images and write a attractive headline. Headline must be eye catching.

Step 4 :- Start building backlinks for your website with same anchor text like "GeForce GTX 690 review" or "GeForce GTX 690 reviewed" and rank it as #1 in Google. You will be able to rank it easily as competition is near to zero. You just need to use few good seo service from Fiverr or SEOclerk to rank it on Ist position.

Step 5 :-  Now you need to setup a Google alert for this product like "GeForce GTX 690 review", When the first review will come out you will get an alert about it. At that time you need to write a 600 to 700 words long a review article about this product and place it on your website. Make sure to link it with your affiliate link to get sales.

Step 6 :- Once the graphic card is released, the keyword search volume for GeForce GTX 690 and anothers keywords will start rising. You'll get all the visitors, cause your site is now number one for the KWs!

Step 7 :- Watch the money roll in

The Risks of Trading Stocks

Trading stocks has been a financial past time-ever since we can remember, mainly because larger corporations need to sell stock in order to fund their projects (which usually require obscene amounts of money). Although trading stocks seems like it would be the easiest thing to manage, it’s actually quite difficult. Not only that, but there are also multiple risks that you need to be aware of regarding the stock trading industry. Everybody wants to turn a buck in their lifetimes, and trading stocks can definitely make you a wealthy human being (but it could also leave you as a broken one).

There’s always going to be some sort of profit goal when you’re trading stocks, but the one thing beginners forget to realize is that stocks can lose their value incredibly quickly. A stock that you trade for may be worth $20 per when received, but it could easily drop in price (sometimes drastically) the next day. As a result, trading stocks wouldn’t exactly be recommended for those who are looking to make a quick buck. In order to efficiently trade your stocks you need to be seasoned, as well as patient and intellectual. Making stupid moves could result in a loss of profit, or even worse; having no profit to be shown at all!

Make sure you have a stop-loss point implemented within your stocks, which is when a stock is automatically sold once it reaches a certain price (most people make the stop-loss their initial investment, or even a bit lower). Another way to avoid coming into contact with these peculiar risks is to plan your trades out properly. Knowing when and how you’re going to trade a stock is always great when it comes to your revenue stream, especially since the stock market is so active on a daily basis. We have recommended stock trading course here

The way to earn or learn

Earn or Learn (via http://theaimn.com)

A society where every person between the age of 16 and 70 is either working or studying is an unrealistic nonsense even in the best of times. Considering the Coalition are trying to tell us that we are facing the worst of times, I fail to see how…

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Get Paid to Do an Online Survey

Running low on cash? Well, here’s an idea. You can get paid just by doing a survey. The paid survey process is pretty easy and direct. You just need to simply sign up with a paid survey site and complete the requirements necessary. Then, they will send you an e-mail regarding the survey that matches your profile. That e-mail also includes an estimate of the length of time your survey will take, compensation for your time, and a link to the survey.

Payments for surveys vary from survey to survey and from company to company. There are three ways you would be compensated: with cash ranging from $1 to $50, with redeemable points, or with sweepstakes entries. In some cases, you would be compensated with new products.

Get Paid to Do an Online Survey

While there are reputable survey sites, there are also survey scams. Look out for survey sites that require a membership fee, guarantee you a set income, ask for too much personal information, and do not post a privacy policy.

In order to protect yourself from these survey scams, you should browse the site. Read the privacy policy, disclaimers, about us and other fine print on the site. If they don’t have these information, close the tab and look for other survey sites. Legitimate businesses provide disclaimers and privacy policies so that their clients can’t sue them. Also, look for contact information. Always remember that legitimate businesses have postal addresses.

Searching for “paid surveys” on the Internet will turn up a lot of results. While some of the results prove to be good, the others do not. It is always important to look for trusted and reliable survey sites. Here are the top 5 survey sites

Secret System  (Bizocean Recommended)

I am using this from last year i have made good amount of money. My average monthly income is $800+. I will recommend you to give try to this system if you are looking for some serous cash. 

Their researches are frequently cited and are well-valued. The number of points they award for a survey are very generous. They also let you choose your rewards in the form of gift cards, prizes, or sweepstakes entries. Big money opportunity.

Opinion Place (Lack of surveys)

Run by AOL, this survey site lets you choose your rewards as well. It can be Amazon gift cards, Paypal Credits, AOL credits, or sweepstakes entries.

CVS adviser

This survey site rewards their participants with Extra Care Bucks even though they have only a few invitations in a year. 

Survey Savvy (Recommended)

This survey site rewards their participants instantly. A dollar amount is assigned for each survey depending on the length of the survey. Also, they let their participants request for a check to get their earnings.

Maximize your survey earnings by signing up with several survey sites in order increase your chances of getting surveys. You can also maximize your survey earnings by saying “yes” to every survey invitation and by keeping your profile up-to-date. Surveys are a good way of earning money online. But be sure that the survey sites you sign up for really pay their respondents

Ways to save and earn money – A penny saved is a penny earned.

There are many ways to make money from you savings. You work for the money, but money can also work for you, everyday!

Banks pays you interests for depositing/saving your money in your savings account. Why would they do that? They use your money to give out loans to other people. The interest rates varies from bank to bank and we recommend to contact your local banks and figure out who gives you the highest interest.

If the above way to save up cash isn’t suitable for you, read on.

To start saving some money, follow this simple guidelines.

1.Pay off your credit card debt.

This is one of the golden rules, get rid of the credit card debt. Plan to clear your expensive debts first such as your credit card debts. They look like you’ve got easy money and low interest on credit cards but if you’re not able to pay it back monthly you’ll face high interests and loss of savings.

2.Control fuel and electricity usage.

We are facing energy crisis, the energy/fuel companies are allowed to increase the bills up to 10.4% in some countries whenever they want. In the United Kingdom, the average electricity and fuel costs up to £1,500 a month! Reduce your usage, save electricity and go for a walk if your destination is close.

3.The super markets!

Go to a local market stall instead of a super market. Super markets sell you the strawberries for “Half-Price” that aren’t even half price. The local stalls usually gives you the same quality for quarter of the price. Remember, the super markets tries to make the profit out of you while local stalls are way better when compared to super markets.

4.Sell off your unused stuff on eBay.

How many clothes would you haven’t used for 2 years exist in your home? The old furniture in the store room, just sell it off on eBay. It’s the world’s biggest online store and a great place for selling off old stuff.

5.Know your talents! Make some extra cash!

Are you a good musician? A good singer? Show off your talents in the internet world if you don’t like work in the real world. Advertise your talents on freelancing sites and earn cash while improving your talents. You could make easily 20 £ an hour If you’ve got enough talent.

6.Book early, at least a noteworthy time before you go for a trip!

You can get your tickets for your flight or train for a cheaper price if you’ve booked it early. Low-cost airlines are eventually developing in many countries. Always plan before you make a trip and this should help you.

You should’ve got some idea about saving your money already. Like we’ve discussed above, invest your savings on a reliable thing. Definitely, not on virtual currency or gambling. Something more reliable like banks, property. They can save you in bad times and banks can keep you making money with your deposit. The golden rule is all about saving and investing the money to make more money.