Personal Money Tips

I was just travelling about in my daily business activities, meeting clients etc and I noticed this recently. Around universities and colleges, business is brisk. Not all type but most. This is off course due to the high student population. Students nowadays have fairly high disposable income.

So, if you are providing computers peripherals and computer repairs, that’s a good business to be in. Besides that, food related business! People need to eat. Students even more. In between class, many hang out at cafe’s to chat, to study, to socialize etc.

Next, florist. This is the age when romance abounds. Nothing like a smitten guy to spend loads of cash to woo his potential partner. Besides new romances, Valentines Day will be a windfall for such a florist. What about birthdays, and prom night? All these will generate regular income as well as windfalls.

Car repairs and modification. Many students have cars today. They need servicing. Besides servicing, there is one industrial area which modifies cars. And …. yep … you can see students modifiying their cars. From the lowly Protons and get this, all the way up to Mitsubishi Evolutions and WRXs. Talk about having rich parents.

Now, make sure your business is in private colleges. This is where the kids with cash goes to. Nearer public universities, most likely the students are not that well off. Even then, rental properties, stationary and photocopying services are businesses you can consider.

Last, not forgeting mobiles phones and prepaid reloads. There you have it. Several ideas for you to make extra income.

Technorati Tags: rel="tag">Busines Ideas

While pondering about business and the million dollar home page, about people who make it rich, it suddenly dawned on me that an opportunity could be just around the corner.

Although I know it is not a good thing, I some times compare myself with my peers from university, to see where we are financially. Now please don’t get me wrong. I don’t compare in the manner like who got a bigger car, house, office. I look at how our different characters, perhaps the way we deal with risk, and also the dreams that landed us where we are today. And I wonder how some of us do better and some less so.
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What a way to start the new year. As I surfed over to the million dollar homepage, it is nearing completion. I wrote about it sometime in October 2005. I mentioned then, it being a good idea, for Alex Tew, a student for not getting into debts to pay for university education.

Well, not only has the idea paid for his education many times over, it made him a millionaire, generated quite a bit of publicity for him and made him famous. Who know what opportunity lies ahead for him now. The power of a simple idea, followed up with some savvy marketing and loads of hard work, shovelling pixels oops uploading pixels. You can read it at his blog section.

Lesson here, to quote Nike - Just Do It!

Related post : Not getting into debts.