Working to become an Elite Blogger – Making Improvments

Want to know what I have been up to behind the scenes of my blogs? It has been a while since I have given an update on all of the things that I have been up to. Many of you are curious everything that I am working on and for various reasons, I have chosen to keep some things a secret. This post is an attempt at a compromise – where I share my change in strategy as I blog to make some money. Instead of distracting from the primary purpose of 20′s Finances, I choose to update you all about the behind-the-scenes stuff on this blog. This also works well because I recently made changes to this site as well…. Continue Reading

Why Quality is Important

Have you heard the phrase that quality is much more important than quantity? While I have had my doubts over the past 10 months, I have come full-circle to realize the truth of this statement. This is true not only in most areas of life, but particularly in blogging. I haven’t always focused on quality as much as I should have, but I have learned my lesson now…. Continue Reading

Advantages and Disadvantages of Working with a Business Partner

As many of you know, I have been buying blogs AND creating more blogs to create a diverse collection of websites that will offer me large potential for future income. My belief is that if I can start now, in a year or two, I will have enough income from these sites (or maybe sooner) to retire early. Having this goal motivates me to keep working at it because of the huge implications that it carries. But, this is a lot of work for one person. A partner can solve this dilemma, but working with a partner comes with its own problems…. Continue Reading

How to Generate Interest in a New Business

Are you looking to make a big splash with a new service or product? If so, you are probably researching ways to introduce it without paying lots of money for marketing fees. While I am sure you would be satisfied with a mediocre business that is generating a little bit of income, why not shoot for the stars and try to make it a huge hit! What can you do to generate a lot of interest without breaking the bank?… Continue Reading

How Blogging Has Changed My Life

Have you ever had a hobby that has changed your life? Maybe you’ve found true happiness or enjoyment in your time, but I would venture to guess that it’s not everyday that a hobby can completely alter your life. Despite some recent challenges, blogging has slowly change my life in more ways than none. Today, I thought I would take some time to reflect on what has happened in the past nine months and how I see it going forward…. Continue Reading

How a Mediocre Business Can Help You

I bet everyone wants to come up with the next big business idea for their generation. They want to create the next “facebook,” or “pinterest” in order to strike it rich. In many ways, people look at running a business in the same way as the gold rush. If they can just finding something unique, they will earn lots of money. This often leads people to ignore the mediocre, slow-building business ideas. After all, who wants a mediocre business, right? Despite common sense, a mediocre business can help you in many ways. You may be scratching your head or wondering why anyone would want an average business idea – but it’s true. Here’s why…. Continue Reading

Why Would I Invest in Dividend Stocks?

As you all know, I am working to build up a large amount of passive income. My plan is that with enough time and dedication, I can replace my low day-job income. This would enable me to stop working, focus on building up other passive or semi-passive streams of income and enjoy life much more without having to be stressed. The main reasons that I think I can accomplish this is that I am not looking to get rich and I’ve had some success already. I don’t need a lot of money to survive…. Continue Reading

Risky Investments – High Return

I am never one to advocate for gambling, but if you play it safe all the time, you will miss out on great investment opportunities. Recently there was a huge buzz over the tri-state area’s mega-million lottery. Many of my co-workers went in together to “invest” in lottery tickets. While I’m not trying to suggest playing the lottery can be seen as an investment opportunity, it’s obvious to say that those who bought tickets at least had a chance to win the lottery. I sat on the sidelines, secretly hoping my co-workers would win so I could get some sympathy money. :)Continue Reading

Reasons for Blogging – Why do you follow your dreams?

Have you ever stopped to ask yourself why it is that you blog? If you follow my blog, you are well aware of the challenges that I faced with advertisers. Between that and other events in the blogosphere, I was forced to ask myself whether I would keep blogging if the sources of income were to evaporate. In other words, I asked myself why I was blogging…. Continue Reading

The Power of Re-Investing Profit

As I covered last week, I don’t have a large pile of money sitting around, waiting to be used. The only advantage that I have right now is time. I am working hard to develop some passive income from my online properties. I know that I will probably invest in real estate eventually, but I need to save up a down payment and emergency fund before I buy my first rental property. With that in mind, my main goal right now is to develop a larger income from my websites. Many people have questioned my large time investment, but I think it’s worth spending a few extra hours in order to develop a more sustainable source of income…. Continue Reading