This is the story of how I went from being a bored financial advisor to owning a financial comparison website that lets me travel the world on the profits.
I’m usually not comfortable telling people how to make money online but I wanted to share my story because if I can do it then you can do it. I’ll also give you some tips on what NOT to do when starting a niche site like this. If you avoid the mistakes I’ve made then you’ll save yourself a lot of wasted time and energy, and you’ll probably start making money a lot more quickly too.
I am a qualified independent financial advisor, and although I had a decent job in the UK financial services industry, like many other people I found myself dreaming of making money online and living by the beach. I tried a bunch of things and nothing seemed to work until I started Compare Logbook Loans, a financial comparison site in the obscure niche of logbook loans that I’d never even heard of before.
It wasn’t an easy ride, and I’ve made lots of mistakes along the way, but it now earns me and my business partner a basic living each month, and since it really took off I spent most of 2011 in Thailand and Vietnam living by the beach. The site won’t make me rich it now makes around $8,500 net profit per month between two of us but because I get paid in UK pounds it allows me to live an excellent lifestyle in exotic places where I benefit from the great exchange rate.
There are many different online business models but the one I have managed to get working is a cross between affiliate marketing and lead generation.
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Posted on May 12th, 2012 by Mitchell Horsley | Tags: Crisis
In order to get an IRS tax relief in United States debtors usually wants to go for Offer in Compromise (OIC). This process allows the taxpayer to escape the financial debt crisis and get maxim relief from their debt. In order to pay less than what they owe, people prefer to avail debt relief services. However, the IRS may not be as charged on the idea of negotiation. It is totally up to them if they are satisfied with the argument and allow negotiations.
Only 10- 15 per cent of the compromising offers received by the IRS are sanctioned by it. A substantial damage to a person’s present financial condition will occur if they have to pay the complete sum of money taken as debt. One has to agree to pay as much amount to IRS as they could get hold of via their pressured techniques.
It is a must to avail the services of a tax attorney in case a person is looking at compromising offer in order to save time and effort.
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Various people who have trouble paying for their tuition at college end up asking for aid in the form of student loans. While these people may need the help when they are in college this matter can change once they have graduated and they have a job. It is at this point that the former student forgets to re-pay the loan. These defaulted student loans are loans which will not disappear even after a number of years.
As you are borrowing money from a state authorized institution the records of your defaulted student loan will be well maintained. To wipe these records clean you will need to have a discussion with your former college tuition officer. From this individual you will be notified as to the amount of money that you have unpaid.
Additionally you will be able to talk about the repayment method which will help you out of this problem. Read full post…
If you have intentionally or accidently fallen behind on your bills you may have been placed into collections.
Once an account is turned over to a collection agency, the representative trying to recover the account will begin telephone calls and sending written notices regarding the account. Once those nescience telephone calls begin,they usually do not stop until the account is paid and settled. The debt collectors trying to collect the delinquent accounts have state and federal collection laws they must follow including The Fair Debt Collection Practices Act (FDCPA).
The FDCPA was passed to protect consumers from abusive debt recovery tactics and to promote fair debt collection practices. Both the collectors trying to collect on the past-due accounts and the debtors placed into collections can get frustrated when dealing with these accounts.
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[Last week I published a guest post about importing from China. That article seemed to have got some of the readers dabbling in eBay excited about a new option they have not explored before for cutting through the competition. I had several mails asking me about some of the basics of getting started. Since the guest author, Alice, is an expert on this topic, I asked her if she could help us with a more basic How-To guide. And she was kind enough to oblige. I hope this will come in handy for some of you.]
I recently wrote a post about The 6 Essential tips for importing from China. Not surprisingly, it sparked an interest among some of the enterprising readers about what is possible when you import items from China to sell on eBay and they want to learn more. So, I have put together this little guide to cover some of the finer points of importing goods from China to the US.
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