Make more money.

Save more money.

Invest your money.

If you do the above 3 Tips you are well on your way to having a better handle on your finances and becoming financially independent.

What does financial indepencence mean? It means that you can be a happier individual enjoying and conducting your life the way you want to without the constant constraint of funds.

This quite simply is not having to worry about working for someone and getting to your day job daily to make ends meet.

Money Tips #1: Make more money.

There are a many ways to make more money aside from a day job but most of them are working for someone else. Here you will find 2 ways to make money working for yourself.

Actually if you master any one of the 2 money making businesses in this Money Tips #1 section below you may one day be able to quite your day job or at least retire early.

We are going to focus on 2 ways to make extra income from the internet and they include:

Selling on Ebay

Making an Income Generating Website or Blog.

Both of these businesses take work and brain power but the beauty of both is that anyone can do them and they are not hard.

Ebay is an internet auction site that acts like a retail store. People visit this site and buy products for reasons like:

Buying from the comfort of their home instead of traveling to a store.

Finding a better deal.

Locating hard to find products.

All you need to do to make money off of Ebay is to find something people want, accurately describe the item, and put in an enticing sales pitch.

People from all over the world buy off of Ebay and they are all looking for something. If you give it to them in a more enticing and believable way than the competition they will buy from you instead of the others.

To get a sense of weather this is the right business for you I would highly recommend trying to buy a few things on Ebay to get an idea of how it works.

Ebay is a great way to earn extra income that anyone can do. If this sounds like something you would like to earn extra income from get signed up and check out our other article: Ebay Selling Tips to get yourself going.

Make an Income Generating Website. Trying to make a website without some guidance and tools can be very frustrating, but if you do it the right way you can have an income generating website in just 6 months.

Making your own website requires time, motivation, and brain power but anything that makes income requires the three.

There are dozens of ways to make money off of a website including but surely not limited to:

Adsense Ads

Affiliate Marketing

Referrals

Finder's Fees

Selling your own Hard Goods

Dropshipping

E-Goods

Service Selling

Donations

Joint Ventures

Selling Ad Space

Sales and Rentals

The list goes on and on.

This was my 3rd attempt to build a website but it is the only successful attempt. The first income generating website I tryed to put together crashed and burned. I registered my own domain, hired a design professional, and sunk untold amounts of hours trying to piece it all together. In the end I made no money, my site was terrible in looks and navigation, and it cost me over $2400 to get started. My hopes of making a successful website were quickly dashed.

I am a motivated individual so in 2004 I took a $1000 web design class. I built my own site making all my own code and 11 months into my site going live, I made no money, hated the site, and had no internet traffic what so ever.

Well not this time. I found a good step by step class that provided me with everything I needed all in one place. The tools were intuitive and easy to use and most importantly they taught me how to get traffic.

Making your own income generating website in my opinion is one of the most rewarding ventures one can accomplish and can make you a perpetual extra income stream.

If this is something that interests you for an income source I highly recommend the SBI E-Learning Class.

This class was so effective I had this site up and running on only 7 weeks and had substantial internet traffic in only 12 weeks.

You also need to know some photoshop basics to hire or compose yourself a really eye catching site. This is the best free resource out there:

Photo Shop Gurus

Money Tips #2: Save More Money

The most effective and easiest way to do this is to do an automatic payroll deduction and have a specified dollar amount forwarded right into a savings account every paycheck. All companies and businesses have this capability.

No matter how much money you can put away just do it. You will have to find ways to cut down on spending.

2 Easy ways to cut back are:

Don't pay ATM fees. If you find that you are not around one of your bank ATMs frequently then open up an account at a bank that doesn't charge ATM fees! Online banks like Schwab reimburse you at the end of the month for every ATM fee your charged. You'll never have to drive or walk to any specific ATM machine again and this will save you a lot of money and time after a years time.

Cut back on driving. If you drive even 10 miles less a week after a years time you will save hundreds of dollars.

There are thousands of ways to cut back on spending. Just think about ways to cut back for your particular situation and just do it.

Also save ALL extra income money that you have coming in from other sources like the businesses above. You were getting by without that money before so you can get by without it now. Save that money to make more Money by investing it.

Money Tips #3: Invest your Money

Do you want a better future for you and your family? Do you want to live comfortably later in life? Do you want to experience the awesome feeling of financial independence?

The only way to do the above is to consistently INVEST your money starting right now.

The 2 highest returning investments historically have been:

Real Estate

and the

Stock Market

Smart Money Stock Investing Tip

The beauty of the 2 is that you can do both yourself! You do not need to pay anyone to invest in real estate or the stock market.

Buying a home is the ultimate investment and is where the average person makes the most money in their lifetimes. When renting you are just handing money over to a smart person who is doing exactly what you should be doing: Investing in Real Estate!

Owning a home should be one of your first goals in life and ownership has many benefits over renting.

The biggest benefits are:

Appreciation

Build up of Equity

Tax Breaks

Every year you own a home and the price goes up making you cold hard cash. Every $1000 the value of your home goes up is $1000 more dollars your worth.

Every mortgage payment you make pays some of the principal amount on your loan. The more you pay down the loan the more money your going to come away with when you go to sell.

The tax benefits for homeowners are staggering. The average person owes $3000-$4000 less in federal taxes a year than if they did not own a home! If you usually get a refund at the end of the year add $3000-$4000 more dollars to that!

The reason for this is that you are allowed to deduct your home loan interest on your federal taxes and in the early years of your loan you are paying a lot of interest.

See the article House Buying Tips to get started. It's time to buy a home.

If you already own a home then buy another! I now own 4 rental units and get the same benefits as stated above, have a positive cash flow, and the renters are paying the mortgage! To get an idea of what is involved in real estate investing I would recommend the easy to read and very straight forward book: Real Estate Investing for Dummies.

Invest in the Broader Market. It is easy and anyone can do it. Just open a brokerage account and do auto investing.

Yes the market has it's ups and downs but don't worry about that. Just invest consistently over a long period of time and you will be rewarded with excellent returns on your money.

To get the ball rolling and to start investing in the market see the article: Smart Money Stock Investing Tip

If you you are ready to implement these Money Tips, master the money concept, and are ready to make a better future for yourself then I highly recommend reading these three books:

Think and Grow Rich

Rich Dad Poor Dad

The Greatest Salesman on Earth

These teach you how to invest in your future and will open your eyes to what money really means.

Reading these 3 books will change your life forever.