A few people have asked, so I thought I’d confirm that I still hope to re-launch my “making money from a blog” project in January. Stay tuned. Meanwhile, here’s a brief look at some of the drama behind the scenes.
This week, I found a fantastic idea for an awesome blog, one that I’d love to run, one that I think people would love to read. And I came up with the perfect name, too. Only trouble? A domain speculator has it.
This usually isn’t a big deal: I pay them their ransom (which can range from $10 to $1000) and I get the domain. This time, though, the guy wants big bucks. I offered $100, and he countered with $5000. I offered $250, and he countered with $4900. I even offered $1000, but he wouldn’t drop below $2650.
This is a business expense — it wouldn’t come out of my personal finances — but that doesn’t mean I’m willing to be stupid with my money; I feel like $1000 is the most I could possibly pay for this domain (especially since the site I want to build probably wouldn’t bring much revenue). So, I broke off negotiations. But it hurt. I may have to give up on my perfect domain name.
Now, though, it’s time to look at other personal-finance articles from around the web. The unofficial theme to this week’s links is “numbered lists”. Like everyone else, I have a love-hate relationship with these. (You’ll note that I rarely post them at GRS.) Sometimes, though, they contain useful tips. Such as:
The folks over at AOL’s WalletPop have a keen list of 5 big household expenses you can easily cut. These are things that many folks can trim to save big bucks. Their suggestions: a car, home heating and cooling, a swimming pool, satellite or cable TV, and a landline phone. Before just dismissing the list out of hand, take a look at the reasoning. As much as I love my Mini, I’m sometimes sorely tempted to give it up. I could save a ton of money! (But a swimming pool? Or those really common outside of the southern U.S.?)
Similarly, Kiplinger’s has put together a list of 10 things we overpay for. Though some of the list is silly — are greeting cards really going to break the bank? — this article includes tips for saving on groceries, checking accounts, cell phones, and more.
Want to save even more? Joe at ChristianPF lists 7 reasons to rent instead of buying a home. We’ve covered this topic a couple of times in the past here at GRS: as much as home-buying is pushed in the U.S., renting is often the better financial choice. This article at ChristianPF does a good job of explaining why.
Finally, in my ongoing quest to encourage all GRS readers to think about boosting their income, here’s an article from Wise Bread: 4 reasons everyone needs side income. Xin Lu’s post is short and sweet and to the point.
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This article is about Spare Change