Money Making Schemes

Nagesh answers:

First off a child’s college fund is a bad investment. That money could draw much more interest in a 401k or other retirement account and student loans are low interest so the interest you make in a 401k for you should be more than the intrest you would pay if you got student loans for your kid. Second if your making that little a month once your kid gets here fasfa will pay for you to go to a community college and some state universities 100% so don’t worry about that one either.

As far as the savings goes just take it from him as soon as the check gets there and say look here is how we are going to do our money. Since he gets paid twice a month say here is half what we need for monthly bills/groceries, here is what we are saving, here is some we are holding back for emergencies, and here is what we can spend this month.

Keep savings in an bank account where he cant just grab it and keep emergency money at home so it won’t be spent. We keep a credit card for emergencies but have the emergency stash at home so that is our emergency limit. Well that is how we did it when we did not have a lot of money anyway, now we don’t worry about money at home.

All our home accounts are joint, my wife has full access to everything we own but it did take time for us to get in the sharing pattern. I don’t hide stuff from her like that but she knows the rules. She agreed to them when we sat down and made them. I don’t rule this house because she wouldn’t let me if I tried but she knows if money comes up missing I’ll see it and vise versa. That is how we make it work, you should try it.

I do have an account with about 800,000 right now she only has access to if I die but I’m an invester, I work at home mostly and once it climbs past a 1.5 mil I usually bring it back down so im only playing between 500k and a mil in the open market but that is work so its different.

Nagesh answers:

My advice is to go where the money is and that is travel. Travel is a $7.1 trillion industry and growing every day. A Baby Boomer is retiring every 8 seconds and the first thing they want to do is travel. The average family in the United States spends $4,200 annually on travel. This is why my wife and I started our own online travel business. We’ve looked for years for a home based business and this is the first thing that made sense to us. You can also learn to save thousands on your taxes and travel wholesale instead of retail. The company that we work through is publicly traded, SEC regulated, has a $6,000 guarantee, and even offers health insurance. They even send their top agents on a cruise to the Bahamas. No one else does this. We love this business!

Nagesh answers:

Http://anyonecanmakemoneyoncashcrate.blogspot.com/

Nagesh answers:

Send some for me!
It will make my purse grow……bigger 🙂

Nagesh answers:

Http://anyonecanmakemoneyoncashcrate.blogspot.com/