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	<title>Wealth Creation Strategies | OnMoneyMaking</title>
	
	<link>http://www.onmoneymaking.com</link>
	<description>Redefining the Way We Think about Money</description>
	<pubDate>Fri, 25 Sep 2009 10:11:33 +0000</pubDate>
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		<title>Free Courses for Establishing a Home Based Business</title>
		<link>http://feedproxy.google.com/~r/OnMoneymaking/~3/QwsbhChlyXc/free-courses-for-establishing-a-home-based-business.html</link>
		<comments>http://www.onmoneymaking.com/free-courses-for-establishing-a-home-based-business.html#comments</comments>
		<pubDate>Fri, 25 Sep 2009 04:29:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Money Thoughts]]></category>

		<category><![CDATA[Work Thoughts]]></category>

		<category><![CDATA[home based business]]></category>

		<guid isPermaLink="false">http://www.onmoneymaking.com/?p=1561</guid>
		<description><![CDATA[The Internet is filled with money making opportunities, and most are mediocre at best, if not down right fraudulent. I would like to tell you about one of the better opportunities I have come across, and it&#8217;s absolutely free so you really have nothing to lose and a lot to gain. This opportunity is offered [...]]]></description>
			<content:encoded><![CDATA[<p>The Internet is filled with money making opportunities, and most are mediocre at best, if not down right fraudulent. I would like to tell you about one of the better opportunities I have come across, and it&#8217;s absolutely free so you really have nothing to lose and a lot to gain. This opportunity is offered by Kevin Potts, founder of the website CambridgeBusinessAcademy.com.</p>
<p>Before establishing this website, Mr. Potts worked in the corporate world, was involved with venture capitalists and was even a full time religious minister for 8 years. While growing his congregation from 200 to 600 he decided to return to commerce but combine what he has learned from his service to the community to providing help for entrepreneurs who seek to have a home based business.</p>
<p>As the following testimonial shows, Potts main influence was Tim Lowe, who is one of Europe&#8217;s top entrepreneur coaches, and taught him everything he needed to know about building a home based business with great success:</p>
<p><img src="http://www.link-building.biz/tim-testimonial.png" alt="" width="584" height="136" /></p>
<p>Currently, the CambridgeBusinessAcademy.com website has an honest promotion where Potts is giving away for absolutely $0 his comprehensive home business opportunity called The Money Mentor High Level Coaching System. The first coaching package is called Starting Point, and is a 10-video DVD series outlining the methods of setting up a home based business. The second is known as Life Changers and is an 8-video DVD series containing interviews with experts who have been tremendously influential in making Kevin Potts a successful home business entrepreneur. The third series is a called the Blue Print, which is a 60+ page report containing additional tips for success and the fourth series is known as Meet The Gurus, which is a 13-video series where experts specific to the home based marketing field provide their strategies.</p>
<p>It is important to note here that no information is kept hidden from people who sign up and there is no sales pitch, which is a rarity with top performing businesses. On the site, Potts states that this free offer could end without notice so take a look at the introductory video on <a href="http://www.cambridgebusinessacademy.com/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.cambridgebusinessacademy.com');">http://www.cambridgebusinessacademy.com/</a> and proceed from there.</p>
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		<item>
		<title>Professional Resume Services Online</title>
		<link>http://feedproxy.google.com/~r/OnMoneymaking/~3/F8Uh0hF6hHo/professional-resume-services-online.html</link>
		<comments>http://www.onmoneymaking.com/professional-resume-services-online.html#comments</comments>
		<pubDate>Sun, 06 Sep 2009 06:02:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Work Thoughts]]></category>

		<guid isPermaLink="false">http://www.onmoneymaking.com/?p=1536</guid>
		<description><![CDATA[The process of landing a job usually requires a resume, but with so many people of all backgrounds looking for a job, you need a resume that truly stands out from the rest. Writing and re-writing your own cover letter to be tailored for each job is a must, but whether it is for executive resumes or jobs [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1558" style="margin-left: 7px; margin-right: 7px;" title="professional-resume" src="http://www.onmoneymaking.com/wp-content/uploads/2009/09/professional-resume-300x225.jpg" alt="professional-resume" width="280" height="200" />The process of landing a job usually requires a resume, but with so many people of all backgrounds looking for a job, you need a resume that truly stands out from the rest. Writing and re-writing your own cover letter to be tailored for each job is a must, but whether it is for <a href="http://www.topsecretresumes.com/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.topsecretresumes.com');" target="_blank">executive resumes</a> or <a href="http://www.jobs4felons.net/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.jobs4felons.net');" target="_blank">jobs for felons</a>, having a great resume usually requires an outside advice.</p>
<p>To that end, it is essential to get your resume looked at by a <a href="http://www.topsecretresumes.com/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.topsecretresumes.com');">professional resume</a> writer, and if necessary, revised by them. For instance, consider the services offered by the website TopSecretResumes.com.</p>
<p>This site offers free tips on resume writing and interview preparation as well as paid resume writing services. Their team of expert resume writers has played an important role in helping thousands of clients get jobs in their respective fields or make a career change. These writers know what text and formatting is more likely to work in getting the attention of recruiters, within a mere seconds of reading a resume. The approach taken by the writers is highly professional, from the time of conducting an in-depth interview with the resume seeker to the final submission. Notably, the company offers a satisfaction guarantee policy by agreeing to provide revisions for 14-day after the final submission.</p>
<p>In order to further learn how you could improve your resume, so you can land that coveted job, visit the aforementioned website.  You can get an idea as to the quality of work provided, by heading over to the before-and-after section, where you can see the improvements made in various types of resumes. Keep in mind that the website currently offers a free complimentary executive resume analysis and a quote on what improvements your resume needs.</p>
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		<item>
		<title>Online Loan Comparison</title>
		<link>http://feedproxy.google.com/~r/OnMoneymaking/~3/yf7a_10Ckhk/online-loan-comparison.html</link>
		<comments>http://www.onmoneymaking.com/online-loan-comparison.html#comments</comments>
		<pubDate>Tue, 25 Aug 2009 03:56:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Easy Finance]]></category>

		<category><![CDATA[Money Thoughts]]></category>

		<guid isPermaLink="false">http://www.onmoneymaking.com/?p=1499</guid>
		<description><![CDATA[Since the recession is not truly over, many people are forced to rely on loans of any type to pay bills. However, finding a company or financial institution that would be willing to offer loans and credit cards that are payable at convenient terms, can be frustrating and time consuming. Moreover, the terms and conditions [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-1531" style="margin-left: 7px; margin-right: 7px;" title="computer-money" src="http://www.onmoneymaking.com/wp-content/uploads/2009/08/computer-money.jpg" alt="computer-money" width="300" height="199" />Since the recession is not truly over, many people are forced to rely on loans of any type to pay bills. However, finding a company or financial institution that would be willing to offer loans and credit cards that are payable at convenient terms, can be frustrating and time consuming. Moreover, the terms and conditions for car loans, home loans, <a href="http://www.compare2save.com.au/credit-cards/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.compare2save.com.au');">credit cards</a>, etc&#8217; are often filled with jargon and legalese, making them hard to understand.</p>
<p>An example of a site targeted for this problem is <a href="http://www.compare2save.com.au/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.compare2save.com.au');">http://www.compare2save.com.au</a>/. The site provides a list of trusted, regulated financial service providers, that can be easily compared. The financial services being compared are divided into such categories as: personal, car, home, savings, and bank accounts. Essentially, instead of going through the confusing maze of finding a reliable financial services provider that offers agreeable conditions, Compare2Save has picked the reputable companies that have a track record for working with consumers to get the loan they can afford.</p>
<p>Keep in mind that an online loan application is an accepted, economical and trustworthy approach, especially if you maintain your dealings with established companies and compare the various offers being presented to you. Additional benefit for consumers can also be gained from reading the site&#8217;s news and information sections, to make an informed decision before choosing the optimal loan or credit card.</p>
<p>The loan search process on the site is notably quick. For instance, a credit card seeker just has to pick the credit card type and then look at a chart of available cards before making a selection. This comparison chart will provide such information as: the lender, introductory and ongoing interest rates, balance transfer, interest free period, etc&#8217;. The most affordable loans will be at the top of the list and, from that point on, you can continue to the actual financial service provider site to complete your application. Overall, the information on the site is laid out in a simple and easy to understand manner, which is a welcome approach, considering that many loans today are known for being mired with small print.</p>
<p>Check out the <a href="http://www.compare2save.com.au/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.compare2save.com.au');">Compare 2 Save</a> website to get an idea of what to look for in a financial help resource and how you can fully benefit from utilizing it.</p>
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		<item>
		<title>Mobile Marketing for Your Business</title>
		<link>http://feedproxy.google.com/~r/OnMoneymaking/~3/t3Ll738tYow/mobile-marketing-for-your-business.html</link>
		<comments>http://www.onmoneymaking.com/mobile-marketing-for-your-business.html#comments</comments>
		<pubDate>Wed, 22 Jul 2009 10:45:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Innovation]]></category>

		<category><![CDATA[Money Thoughts]]></category>

		<guid isPermaLink="false">http://www.onmoneymaking.com/?p=1464</guid>
		<description><![CDATA[The concept of mobile marketing has been gaining increased acceptance since the introduction of SMS (Short Message Services) about a decade ago. This took place just as companies began collecting cell phone numbers and started sending their promotional content to consumers&#8217; mobile devices.
Whether it is between a business representative and a client discussing a product, [...]]]></description>
			<content:encoded><![CDATA[<p><!--no-adsense--><img class="alignleft size-full wp-image-1470" title="mobilemarketing" src="http://www.onmoneymaking.com/wp-content/uploads/2009/07/mobilemarketing2.jpg" alt="mobilemarketing" width="240" height="249" />The concept of mobile marketing has been gaining increased acceptance since the introduction of SMS (Short Message Services) about a decade ago. This took place just as companies began collecting cell phone numbers and started sending their promotional content to consumers&#8217; mobile devices.</p>
<p>Whether it is between a business representative and a client discussing a product, or if it is a company broadcasting a message to thousands of customers, smart marketers have realized that  <a href="http://trumpia.com/" onclick="javascript:pageTracker._trackPageview('/outbound/article/trumpia.com');">SMS marketing</a> is a formidable method for instantaneous communication with their current and prospective mobile consumers. In fact text messaging adoption rate is predicted to rival e-mail marketing as a useful tool for marketers and is becoming an integral part of their customer relationship management. By using mobile marketing, companies can track whether a given communication, such as SMS, had been received and what the response rate was, therefore, providing insights into the success rates of a given campaign.</p>
<p>A company called Trumpia is known to be an all-in-one service provider for <a href="http://trumpia.com/" onclick="javascript:pageTracker._trackPageview('/outbound/article/trumpia.com');">mobile marketing</a>. The company is a leader in providing <a href="http://trumpia.com/" onclick="javascript:pageTracker._trackPageview('/outbound/article/trumpia.com');">bulk texting</a> SMS, where a business can sign up for a guaranteed amount of SMS messages to be used within a given amount of time. The company goes beyond what its competitors are offering, by providing service plans that are affordable and having such practical features as rolling-over text message credits so that unused credits are not wasted.</p>
<p>Moreover, Trumpia is offering a multi-channel marketing approach to enable companies to reach customers wherever they are. Using the company&#8217;s services, a business can send permission-based messages using  every popular mode of communication, namely email, SMS, instant messages, and even the ability to broadcast messages to social networks and blogs including MySpace, Facebook, Twitter, and more. This allows companies to efficiently produce a single contact database instead of having separate customer lists for mobile and email users. It is even possible to set up a service where customers will text a keyword to a number and begin receiving the advertiser&#8217;s customized announcements on their phones. Additionally, advertisers can easily monitor and manage their advertising campaign to evaluate the campaign effectiveness.</p>
<p>Trumpia&#8217;s services have been implemented in various industries, as listed on the company&#8217;s website, such as retail, education, restaurants, media, real estate, and more. Some of the client companies include famous brands, such as Dairy Queen, GNC, Remax, Pepsi, Doritos, Comcast and many more. Since, essentially any business can benefit from mobile marketing, head on over to the Trumpia site, where you can read further information and sign up for a free trial to see how this service can work for your company.</p>
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		<item>
		<title>3 Ideas to Increase Your Wealth Short, Medium and Long Term</title>
		<link>http://feedproxy.google.com/~r/OnMoneymaking/~3/vGoJmedMKS4/3-ideas-to-increase-your-wealth-short-medium-and-long-term.html</link>
		<comments>http://www.onmoneymaking.com/3-ideas-to-increase-your-wealth-short-medium-and-long-term.html#comments</comments>
		<pubDate>Mon, 15 Jun 2009 22:36:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Easy Finance]]></category>

		<category><![CDATA[Money Thoughts]]></category>

		<guid isPermaLink="false">http://www.onmoneymaking.com/?p=1398</guid>
		<description><![CDATA[Let&#8217;s increase our wealth so that we can live life the way we want to. Here&#8217;s a few suggestions that I hope you will find useful:
Short - Use A Cash Back Credit Card: I am a big supporter of these cards, because I put EVERYTHING on credit. No, I don&#8217;t need to, and no, I [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-1462" style="margin-left: 7px; margin-right: 7px;" title="personalwealth" src="http://www.onmoneymaking.com/wp-content/uploads/2009/06/personalwealth.jpg" alt="personalwealth" width="190" height="175" />Let&#8217;s increase our wealth so that we can live life the way we want to. Here&#8217;s a few suggestions that I hope you will find useful:</p>
<p><strong>Short - </strong>Use A Cash Back Credit Card: I am a big supporter of these cards, because I put EVERYTHING on credit. No, I don&#8217;t need to, and no, I don&#8217;t ever carry a balance. I&#8217;m the exact wrong customer that the credit card companies want, but that&#8217;s fine. I pile all my purchases on the old cash back CC, pay it off in full at the end of the month, and then enjoy a percentage of my money back for things I was going to buy anyway. I spend a lot, so even a low percentage adds up. This way I get an interest free loan from using the credit card and paying the loan before its due, as well as free money as cash back, as an added bonus.</p>
<p><strong>Short To Medium - </strong>Talk To The Big Boss Man or Woman: Realize that your superiors at work are not scary ogres, but instead are valuable assets which can be effectively used to increase your own monetary gain. And I hate to say it, but ass kissing works. If your boss likes you, then your boss will be more likely to increase your salary. Also, if your boss realizes that you are a needed asset, your stock again rises. The most important thing here is really communication. Ask for that raise, don&#8217;t just cross your fingers and hope it will happen &#8212; because. these days, it probably won&#8217;t. Push yourself forward, and provide the results that will make you an invaluable asset to those in charge. If that&#8217;s not possible, blackmail is your next step &#8212; just kidding.</p>
<p><strong>Long, But Not That Long - </strong>Buy Real Estate Now: When the real estate market crashes it&#8217;s bad for everybody except those with money in the bank. There are ridiculously under priced homes out there right now, and some real steals going on in the foreclosure arena. If you have cash in the bank and some time before retirement you are missing out on a gold mine by not investing in the market during this low time. Notably, this kind of fertile ground for real estate investing isn&#8217;t likely to return anytime soon, if at all. Make the right moves now, and it could pay off ten fold.</p>
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		<title>Essential CRM Software for Your Business</title>
		<link>http://feedproxy.google.com/~r/OnMoneymaking/~3/lJIGBvLVugI/essential-crm-software-for-your-business.html</link>
		<comments>http://www.onmoneymaking.com/essential-crm-software-for-your-business.html#comments</comments>
		<pubDate>Sat, 30 May 2009 04:53:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Business Lessons]]></category>

		<category><![CDATA[Innovation]]></category>

		<guid isPermaLink="false">http://www.onmoneymaking.com/?p=1374</guid>
		<description><![CDATA[If you wish to grow your business to its full potential, it is a good idea to learn about customer relationship management (often referred to as CRM). As part of a complete CRM approach, costumer relationship management software is useful for recording and maintaining the interaction between your business and your current customers. Additionally, the [...]]]></description>
			<content:encoded><![CDATA[<p><!-no-adsense--><img class="alignleft size-medium wp-image-1382" title="customer-relationship-management" src="http://www.onmoneymaking.com/wp-content/uploads/2009/05/customer-relationship-management-263x300.jpg" alt="customer-relationship-management" width="194" height="223" />If you wish to grow your business to its full potential, it is a good idea to learn about customer relationship management (often referred to as CRM). As part of a complete CRM approach, <a href="http://www.aimcrm.com/features/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.aimcrm.com');">costumer relationship management software</a> is useful for recording and maintaining the interaction between your business and your current customers. Additionally, the software can provide your sales and support staff with the right data to expand your business further. By keeping track, organizing, and analyzing your customer data, you can better see what kind of services and products you can offer or improve upon in order to satisfy the customer needs and expand your market share.</p>
<p>An example of such a software is AIMcrm, a web-based application that can effectively help you manage your existing customers as well as sales leads. AIMcrm provides the tools to organize of your current and potential customer information in one place, keeping it easy to understand and actionable for targeted marketing. Some of the services that the company offers as part of its comprehensive <a href="http://www.aimcrm.com/features/crm-software/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.aimcrm.com');">CRM</a> solutions include: sales lead management, data mining, visitor tracking, campaign management, sales force management, and more.</p>
<p>This software can be implemented in many types of industries, offline or online, by managers who wish to practice their business activities at a competitive level. For instance, if you have an online business, you can use the web tracking and analytics feature to monitor your visitors from the time they first arrive at your site until they have completed a sale. In this example, you can use such information to increase your income by examining such information as which of your websites, web ad campaigns, and keywords are converting to  leads and which are going even further to produce closed sales.</p>
<p>Take a look at the Aimcrm.com website to learn additional information on what this <a href="http://www.aimcrm.com/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.aimcrm.com');">CRM software</a> can offer your business.</p>
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		<item>
		<title>Leave Your Ethics Behind!</title>
		<link>http://feedproxy.google.com/~r/OnMoneymaking/~3/XkjFlBUHwVo/leave-your-ethics-behind.html</link>
		<comments>http://www.onmoneymaking.com/leave-your-ethics-behind.html#comments</comments>
		<pubDate>Fri, 29 May 2009 20:03:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Money Thoughts]]></category>

		<guid isPermaLink="false">http://www.onmoneymaking.com/?p=1364</guid>
		<description><![CDATA[For anyone looking for the funny angle to the current recession, I recommend reading Jeff Kreisler&#8217;s book &#8220;GET RICH CHEATING: The Crooked Path To Easy Street.&#8221;. The book covers numerous ways to cheat in various industries, which most people will find quite humorous. In his review, Terry Jones, an original member of Monty Python called [...]]]></description>
			<content:encoded><![CDATA[<p>For anyone looking for the funny angle to the current recession, I recommend reading Jeff Kreisler&#8217;s book &#8220;GET RICH CHEATING: The Crooked Path To Easy Street.&#8221;. The book covers numerous ways to cheat in various industries, which most people will find quite humorous. In his review, Terry Jones, an original member of Monty Python called it “a very funny book with a timely message”.</p>
<p>This book promises to impart you with such &#8220;practical&#8221; knowledge as how to:</p>
<p>* Take advantage of society’s apathy, ignorance, and celebrity bling worship<br />
* Exploit friends, family, employees, the weak,  the desperate, and the dumb<br />
* Fake your own death and spend your windfall profits sipping Mai-Tais on the sandy beach</p>
<p>To get a glimpse into this fun with fraud book, check out this video:</p>
<p align="center"><object width="500" height="315" data="http://www.youtube.com/v/6jnZvTLMc8Y&amp;hl=en&amp;fs=1&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00&amp;border=1" type="application/x-shockwave-flash"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/6jnZvTLMc8Y&amp;hl=en&amp;fs=1&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00&amp;border=1" /><param name="allowfullscreen" value="true" /></object></p>
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		<title>Be Smart with a Credit Card Balance Transfer</title>
		<link>http://feedproxy.google.com/~r/OnMoneymaking/~3/O1mM9G9euSA/be-smart-with-a-credit-card-balance-transfer.html</link>
		<comments>http://www.onmoneymaking.com/be-smart-with-a-credit-card-balance-transfer.html#comments</comments>
		<pubDate>Wed, 13 May 2009 23:12:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Money Thoughts]]></category>

		<guid isPermaLink="false">http://www.onmoneymaking.com/?p=1334</guid>
		<description><![CDATA[With the growing unemployment numbers, a deflated stock market and an ongoing foreclosure-driven realestate market, many consumers are struggling to pay their credit card balance. As a result, major credit card providers, are reporting a growing number of defaults. A new congressional legislation addressing this issue will not take effect for a few months, leaving consumers [...]]]></description>
			<content:encoded><![CDATA[<p><!-no-adsense--><img class="alignleft size-full wp-image-1336" title="creditcardbalancetransfer" src="http://www.onmoneymaking.com/wp-content/uploads/2009/05/creditcardbalancetransfer.gif" alt="creditcardbalancetransfer" width="237" height="187" />With the growing unemployment numbers, a deflated stock market and an ongoing foreclosure-driven realestate market, many consumers are struggling to pay their credit card balance. As a result, major credit card providers, are reporting a growing number of defaults. A new congressional legislation addressing this issue will not take effect for a few months, leaving consumers to struggle with even higher interest rates and tighter credit terms. This is why it is important for consumers to change credit card lenders to those which can provider a 0% interest rate and better repayment terms.</p>
<p>A common statistic is that the average consumer spends about $100 in interest per year for every $1000 of credit card debt they owe. The amount of savings from switching to a credit provider that offers 0% interest will depend on the current debt that the card holder has. For instance, the average household, which carries close to $8400 in debt, can see interest savings of over $1000 by transferring the balance from credit cards with a 12% interest rate. In these tough economic times, this is a deal worth paying attention to.</p>
<p>Due to the recession, the number of credit cards having such favorable terms is down. The website <a href="http://www.smartbalancetransfers.com/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.smartbalancetransfers.com');">www.smartbalancetransfers.com</a> provides information on a variety of such credit card offers, including, 0% APR balance transfers, 0% APR on purchases, no fee balance transfers, and more. There is also a handy balance transfer calculator to give consumers an idea of how much money they can save. If you wish to read informative articles on such topics as how to <a href="http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre07.shtm" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.ftc.gov');">avoid credit card scams</a>, frequent flyer credit cards, balance transfer catch 22&#8217;s, and others, check out the blog section.</p>
<p>A good way to save money on interest and pay down current debt is to get a balance transfer to a lower interest credit card. By taking a few minutes to apply for a <a href="http://www.smartbalancetransfers.com/0-apr-balance-transfers.php" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.smartbalancetransfers.com');">0 balance transfer</a> offers, a person can refinance their debt at low rates and gain significant savings. For additional information, take a look at the SmartBalanceTransfers.com website.</p>
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		<title>Credit Score Myths Dispelled</title>
		<link>http://feedproxy.google.com/~r/OnMoneymaking/~3/flWMcbPd7cA/credit-score-myths-dispelled.html</link>
		<comments>http://www.onmoneymaking.com/credit-score-myths-dispelled.html#comments</comments>
		<pubDate>Wed, 13 May 2009 09:36:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Money Thoughts]]></category>

		<guid isPermaLink="false">http://www.onmoneymaking.com/?p=1313</guid>
		<description><![CDATA[Most people do not fully understand how to improve their credit score, although it probably best represents their current financial health. A credit score can correspond to such data as who qualifies for a loan, at what interest rate, and at what credit limits. From lenders to landlords, insurers to potential employers, many entities can [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-1359" title="creditscore4" src="http://www.onmoneymaking.com/wp-content/uploads/2009/05/creditscore4.jpg" alt="creditscore4" width="113" height="170" />Most people do not fully understand how to improve their credit score, although it probably best represents their current financial health. A credit score can correspond to such data as who qualifies for a loan, at what interest rate, and at what credit limits. From lenders to landlords, insurers to potential employers, many entities can have access to your credit score. Consequently, it is essential for you to go over your credit score record regularly. This record can highlight such factors as whether your identity was stolen, are there any credit history errors present, and is your credit score improving over time.</p>
<p>Notably, the key to having a good credit score is paying your bills when they are due in addition to maintaining your available outstanding loan debt at a low level. The following are common credit score myths that you should be aware of:</p>
<p>Myth 1. Only a single credit score exists. There are 3 credit agencies, namely: Experian, Transunion and Equifax. Each credit agency has a formula for creating an individual score, so you will have 3 different credit scores, but those shouldn&#8217;t vary by more than 20 points from each other. You are entitled to one free report per year from each of these agencies. Other credit scores also exist for insurance companies and additional businesses.</p>
<p>Myth 2. Checking your own credit report will result in a lower score. There is no limit to how many times a credit score can be checked and a person requesting their own report will not affect their own score. However, when a financial institution inquires about your score, this is typically considered a &#8220;hard&#8221; inquiry, which results in the credit reporting agency addressing this as if you are applying for a new credit card or asking for a loan.</p>
<p>Myth 3. Shopping for the top credit rate will lower your credit score. This is typically explained to non-suspecting consumers in order to prevent them from comparison shopping for the best credit rates. The credit bureaus know that people will try to get multiple quotes and, therefore, consider these type inquiries made within a 14 day period to be a single inquiry. It is, however, important not to apply for multiple loans at once, such as for a new car loan or a credit card just prior to applying for a new mortgage, since that raises red flags for the credit agencies.</p>
<p>Myth 4. Age, gender, income, and race will impact your score. A simple and a big NO is the answer.</p>
<p>Myth 5. A dispute letter will take away a lower credit decision. Only errors on your credit report ought to be disputed. The credit agencies have 30 days to reply and are efficient at removing inaccurate data. If however, an agency rules against your claim, it is better to pay the bill, so it doesn&#8217;t affect your credit score, and file your grievance against the merchant in a small claims court. Otherwise, you will have to explain to future creditors why you have a lower score and hope for their understanding.</p>
<p>Myth 6 . Marriage will combine both partners&#8217; reports. Credit accounts are either opened on an individual basis or collectively but marrying someone with a solid credit score isn&#8217;t going to improve your credit score.</p>
<p>Myth 7. Paying off your credit card balance every month will guarantee you a high score. It&#8217;s a good idea to, once in a while, pay a card over time. This indicates to the credit agencies that you know how to use credit responsibly. The optimal method is to utilize 10% - 20% of your available credit and pay all bills without delay. To see the best improvement in your credit score, you should pay a majority of your credit card debt a few days before the billing cycle ends and keep the 10-20% owed for a few days after your credit card invoice arrives.</p>
<p>There are numerous websites that provide services related to <a href="http://www.creditscorecowboy.com" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.creditscorecowboy.com');">free credit scores</a>. For instance, the website creditscorecowboy.com is intended to educate consumers with useful <a href="http://www.creditscorecowboy.com" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.creditscorecowboy.com');">free credit report</a> information to help them become creditworthy. The site offers credit news and an aggregate of <a href="http://www.creditscorecowboy.com" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.creditscorecowboy.com');">free credit score</a> services, as well as an identity theft service. It is a good idea to check your credit report on a quarterly basis by using this site. You will surely benefit from reading the posted information and learning from the aforementioned myths to reach and maintain a good credit score.</p>
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		<title>To Rent or Own a Home?</title>
		<link>http://feedproxy.google.com/~r/OnMoneymaking/~3/XRys3PqsuAk/to-rent-or-own-a-home.html</link>
		<comments>http://www.onmoneymaking.com/to-rent-or-own-a-home.html#comments</comments>
		<pubDate>Mon, 04 May 2009 03:53:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Money Thoughts]]></category>

		<guid isPermaLink="false">http://www.onmoneymaking.com/?p=1289</guid>
		<description><![CDATA[In the last few months, I&#8217;ve debated with numerous personal finance gurus who believe that owning a home is overrated and that renting works out to be more cost effective. However, when asked, these individuals confess to not being renters, but home owners. Their main reasoning being that, when retirement nears, they rather minimize the ongoing expenses [...]]]></description>
			<content:encoded><![CDATA[<p><!-no-adsense--><img class="size-full wp-image-1296 alignleft" style="margin-left: 7px; margin-right: 7px;" title="rentorwnahome" src="http://www.onmoneymaking.com/wp-content/uploads/2009/05/rentorwnahome.jpg" alt="rentorwnahome" width="295" height="299" />In the last few months, I&#8217;ve debated with numerous personal finance gurus who believe that owning a home is overrated and that renting works out to be more cost effective. However, when asked, these individuals confess to not being renters, but home owners. Their main reasoning being that, when retirement nears, they rather minimize the ongoing expenses associated with renting. Even if property taxes or strata fees rise for the home they own, this will still only represent a small amount compared to the ongoing expenses of renting.</p>
<p>In addition, the monetary advantages of owning a home do not cover some intangible aspects. These include such attributes as the inherent human desire for having control of a given piece of territory and the pride of ownership. There are other advantages, such as being able to use your property as a collateral or utilize a reverse mortgage in cases of a looming financial crisis. A home can also be a tax shelter, since no capital gains tax on a main residence is imposed. Additionally, a home is a major and cherished asset to be passed on to family members.</p>
<p>Let&#8217;s look at the counter argument. A home owner is likely to require at least a 5% downpayment on a house. If you&#8217;re 30 and buying a $400,000 home with a 5.5% interest, you&#8217;ll pay $470,367 in mortgage interest alone, which works out to $870,000 total. Compare that to renting a three-bedroom apartment for $1,252 per month. This works out to approximately $800 less than the $2,025 it would cost to for the aforementioned mortgage. Without property taxes, maintenance and utilities you can easily save $1,250 a month by renting. Moreover, investing this saved cash, at a conservative rate of 4%, will grow to $1.1 million when you reach 65.</p>
<p>Essentially, both sides of the argument have their merit, except that owning a house does impart you with a stronger financial security, assuming you can afford the mortgage. If you choose the renting option, you better be committed to a fairly thrifty life and hope you will not need a financial boost for most of your adult life.</p>
<p>A contrarian view, favouring renting, can be found in this Australian blog <a href="http://www.vmwm.com/2009/04/own-your-own-home-believing-in-the-false-dream/" onclick="javascript:pageTracker._trackPageview('/outbound/article/www.vmwm.com');">article</a>. The interesting post looks at how we accept certain age-old notions and socially accepted practices regarding home ownership, and may cause you to rethink where you stand on this issue.</p>
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