Personal Money Tips

I found this article through Ramit Seth’s blog. I drop by from time to time to check out what his financial radar screen pulls out while thinking about ways to make side income. There are basically 2 ways to make extra. Get a second job or freelance of your free time. Three ways if you count being able to convince your boss to pay you more but that’s another story.

In this article where John Tozzi interviews author Scott Shane of “The Entrepreneurship Myth” gives you a good perspective of entrepreneurship. Although I have not read his book, apparently Scott collected a lot of data about entrepreneurship. One thing I found very interesting is he says, “the industry you choose have a larger bearing than your business talent ” when it comes to your chances of success!

“If you go back 20 years or so, about 4% of all the startups in the computer and office equipment industry made the Inc. 500, 0.005% of startups in the hotel and motel industries made that list!”

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Have you ever thought of how to save money through using promo codes or promotion codes? If not, you should consider it. This morning, I got an email to renew PMT, that’s short for personalmoneytips.com. The expiry is still a few months away but what the heck, I might as well do it immediately. After all, it is just around $10.

But then, I remembered that I used their promotions codes before. This are codes or online coupons if you like, that gives you a discount when you used them. So far, besides using for my domain registrar, I’ve used it for my hosting company, Hostgator as well.

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I surf over to cnn money this morning and since the biggest news at the moment, is the collapse of Bear Stearns, I naturally clicked on an article related to it’s collapse. The article is about who are the biggest losers in the collapse of this company. Which brings me to this post titled “Do Experts Really Know?”

As I browsed through the article in cnn, the big losers, those in the hundreds of millions turned out to be principles or CEO of other investment house. I was more than surprised. That the CEO of Bear Stearns, Alan Schwartz lost money, that come is to be expected. Most CEO’s own a significant of the the company they manage.

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