Get Out of Debt

It all starts when some well-meaning (yet misdirected) person encourages a budding internet entrepreneur to “start in a niche they know alot about”, or base their business around “something they’re passionate about”…

As horrible as it may sound - they’ve unknowingly sent the hopeful entrepreneur down a path of false expectations, poor results and eventually - failure. In fact, the myth of “do what you love and the money will follow” has been responsible for more failure than likely any other influence - perhaps even more so than laziness or a lack of perseverance.

Because the simple truth of the … Continue Reading

I usually don’t talk about groups that directly sponsor The Simple Dollar, usually because I feel indifference about their product or because it’s new to me and I haven’t made up my mind about them. After the experience of the last week or so, I feel compelled to make an exception.

Those of you who are observant and who visit The Simple Dollar website regularly have probably seen the new ad on the right hand side of the site near the top for individual discussions going on at Wesabe. For those unaware, Wesabe … Continue Reading

For years banks have lied and hidden the reality of debit cards from you. What I’m about to tell you is going to sound counter-intuitive from everything you’ve been taught and believe. Here it is. Don’t use a debit card. It’s not smart financial management.

By now you’re probably thinking that I’ve lost my mind but before you judge me, do some homework. What you will find is that when using a debit card a thief has easier access to steal your money, there is a greater chance of you having your bank account drained, you have a much higher … Continue Reading