FinanceDogma – Finance, loans, creditcard and mortgages

January 17, 2010

Can internet bingo boost the economy?

Filed under: Finance — Tags: , — admin @ 1:31 pm

With more and more people playing online bingo, one might start to wonder why it is becoming so popular. Well, the reason as to why it is so popular is because people have a chance to win money by playing it. Some people take it very seriously and play to win, while others just play to have fun and maybe with something. As many people play online bingo for money, is it plausible that this could cause enough of a financial stir to boost the economy?

Well, in all honesty, it could make a difference for some people in the way that it could help them win some money that they might not otherwise get to win. Say, for example, someone who has lost their job. They might only have a little bit of money coming in, but they also don’t have anything to do. They might try to find another job, but this can be tough in a tough economy. They could use their free time and their extra money playing video games online, but if they play online bingo with their extra money instead of buying video game subscriptions with it, there is a good chance that it can pay off in a big way!

So, in this way, online bingo can boost the economy by giving people a way to win some extra money, while also giving them a fun way to spend their time.

Should casinos help gather child support?

Filed under: Finance — Tags: , — admin @ 1:23 pm

As some of you may know, there are new laws in the works that would enlist casino’s to help collect child support. A lot of people seem to be against this, but at the same time, there is one very good reason why this would be a good idea. It is actually a fact that a lot of people gamble away their money and as a result, they cannot make their child support payments. Well, this law would help to collect child support from people like this if they win.

Usually, if someone wins a great deal of money at the casino, they will come back. But if they come back, they are likely to not only lose what they won before, but a lot more as well!  This is how this law would help to collect child support. The first time the person left the casino, as a winner, their owed child support would come out of their winnings. This way, if they came back, they would not be gambling away child support payments – just their own money. (more…)

January 14, 2010

Finance tip to save you money – learn to cook

Filed under: Finance — Tags: , , — admin @ 10:12 pm

More Americans spend extra money eating out than you would possibly believe!  Think about it – every time you go out to a restaurant, you order enough food for you and whoever is going with you. How much does it cost? You might be eating fast food, or you might be getting a steak dinner but whichever is the case, stop and think for a minute about how much it would cost to buy the groceries and cook the food at home? You will probably come to a realization that, with the money you spent eating out, you could have eaten three or four times with the groceries you could have bought!

If you are tired of draining your bank account every Friday when you go out for dinner, then think about buying some groceries and cooking at home. Not into cooking? Well, I’ll bet you change your mind when you see how good of a job you can do! When you taste that home cooked steak, cooked to perfection by your own hands on your own grill, you will probably wonder why you would ever pay someone to do something that you can do so well yourself!

So, next time you feel like a special meal, just run to the grocery store, get what you need, come home, and get it ready. Not only will this save you money, but it will also give you a good sense of accomplishment. Cooking at home is a challenge, but it is something that you can learn and feel good about once you start noticing improvement!

So start saving more money, and learn how to cook at home! In fact, with the money you save, you might even be able to go out for desert afterwards!

December 4, 2009

Budgeting ideas for couples

Filed under: Finance — Tags: , , — admin @ 12:17 pm

If you are a couple, and trying to figure out a system for spending your money, then here is a key piece of information for you to remember… if  you DO NOT have a system, you will come up short a lot more often then you would like. But, on the other hand, coming up with a budget and a way to distribute  your money can cause even the most mediocre of payrolls to go a lot farther than you could have anticipated… and here are some keys to making those dollars last when it really counts.

First of all, don’t calculate your budget by month, but by week. So, if rent is due on the first, start saving a little every week for it instead of using one whole paycheck. Do the same with all of your bills. Doing this may seem to cut in on your spending money every week, but this is actually the revelation of an illusion… that is all of the spending money you actually have! Paying the whole bill with your check, or paying your bills late, is actually not going to give you more spending money, but is, in fact, going to cause you to fall more behind. (more…)

November 9, 2009

Finance tips – What kind of small business to start

Filed under: Finance — Tags: , , — admin @ 1:29 pm

Determining just what kind of small business you will start is definitely a difficult decision. But to one who knows how to go about it, you can start a business with very little difficulty if you just follow a few simple steps in determining what you will do.

First on this list of steps is determining what skills you have. It would be advisable to start a small business that didn’t require any extra training. Why? Well, needing to get extra training will require both time and money… neither of which are obtained easily. In fact, odds are good that if you had the time and money to go back to school, that you would do so and get a better paying job… thereby negating the need to start a small business altogether!

So, it is best to start a business that will either utilize the skills you already have, or one that doesn’t require any specialized skills. For example, if you are a computer programmer, consider building custom websites on the side! Or, if you do not really have a specialized skill, start a hot-dog stand on the weekends? This requires only a minimal amount of knowledge, and some common sense.  There are dozens of small business opportunities that you can start without obtaining extra training. (more…)

October 6, 2009

Finance tips – Gaining capital for your new business without getting a loan

Filed under: Finance — Tags: , , , — admin @ 1:25 pm

You might think that you have to have good credit to start your small business. Actually, this is not the case. In fact, if you are willing to put in some extra time, there are several ways in which you can raise hundreds, or even thousands of dollars, in a relatively time-efficient manner.

How do you do this? Well, here is one way. First, you can simply go on a hard-core budget. Stop spending money on ANYTHING that is not necessary… crack down on the extras… stop buying soda and drink water. By enacting a very strict budget, you can easily save a hundred dollars a week. That is four hundred dollars a month, and within a year, that is $5,200! Does a year seem like a long time? Maybe… but think of it this way. You will probably make it back in the next year without budgeting! And then the next year you can simply put that money into your pocket, or use it to expand your business. (more…)

October 4, 2009

Finance tips – Starting a small business and sticking with it

Filed under: Finance — Tags: , , , — admin @ 1:23 pm

Starting a small business is an incredible way to start making more money on the side. In fact, who knows? You might end up being so successful that you end up starting another branch to your business, hiring someone else to oversee what you have already set into place. Or, you might make enough to quit your day job! This way, you could be your own boss, and finally be independent. You wouldn’t need someone else to write you a paycheck, because you would be the source of your own income!

But, just like anything worthwhile, a small business is not easy. It will take time, dedication, and hard work to develop properly. There will be times when you will find yourself very excited about it, and there will be times in which you will feel like giving up. You might wake up one day and think “wow, I am so excited about this”, and then you will wake up the next and think “why did I ever start this?”. Well, you are not along. It is frustrating, especially when it seems like you will never make any money. But remember that it takes time to succeed. (more…)

September 25, 2009

Finance tips – Starting your own small business

Filed under: Finance — Tags: , , — admin @ 1:15 pm

There are a lot of people nowadays who are finding it hard to make ends meet. This is not surprising, considering all of the financial struggle that has taken place within the last couple of years. Credit crunches, mortgage trouble, layoffs, rising expenses… all of these spell “hard times” to most of us in at least one way or another. Many people have lost their jobs, and have been forced to find jobs that don’t pay nearly as well. We have all heard the stories… mortgage lenders or stock brokers who lost their middle-class paying jobs and were forced to work as waiters or pizza delivery men… and this is only the brunt of the financial trouble that has plagued all of us.

Starting your own small business can be a great way to make up that extra income. Many people don’t realize that starting a small business doesn’t necessarily mean that you have to have a large chunk of “capital” to start out with. A few hundred dollars can get a company rolling that will make you some great extra money… and all you have to do is get it going! You might not be able to quit your day-job, but earning some extra money every month wouldn’t hurt, would it?

There are a lot of small business opportunities that you could research. You should definitely do your homework, and find out what opportunity best fits your skills and situation. The ideal small business is one which utilizes skills or equipment that you already possess. This way, your capital investment is minimal, your education needs are already met, and you can go right into the process of marketing your small business. Once you get rolling, you just need to stick with it.

July 29, 2009

Controlling your finances

Filed under: Finance — Tags: , , — admin @ 1:51 pm

There is no doubt that spending has increased over the last couple of years. People are spending a bigger percentage of their money than they ever have, even with the economy of the world going through greater difficulties than it has ever seen before. Well, can help you figure out how to save more money. You see, the more you know about where your money is going, the closer you will be to controlling how much of it goes out.

Many people think that they know where all their money is going, however, the truth is that many spenders have very little knowledge of where their money goes. is a Website that can help you learn exactly where the average budgets spend their dollars, and it can help you figure out what areas need work in your budget. (more…)

July 27, 2009

Finance tips – Going back to school

Filed under: Finance — Tags: , , — admin @ 1:46 pm

There are a lot of people struggling to make ends meet right now… there are some people who are starting small businesses, some getting a second job, some changing to a higher paying job (if at all possible), but then there are some that seem to be stuck in a rut. If you feel like you simply cannot “break through” to a job with a better future, than going back to school might be for you. Getting a degree can do several things for you.

First, you can get a degree to give you the training that you need in order to get a better job. You don’t need to go for four years to get training in a very professional field. With minimal training, taking classes on the weekends and at night, and using money that you can get from government grants and college loans, you can get the education that you need to succeed.

And the best thing about colleges nowadays is that they are willing to work with you on your schedule, so that you can work and go to school at the same time. It is really very simple and easy to further yourself for the better… all you need to do is find a suitable school or technical institute by you. There are several community colleges which offer this training, and generally the jobs you can get from a degree like that will be not only better paying, but they will be more financially secure as well.

So, stop wondering where your future is going to take you, and do something about it today! There are tons of opportunities out there just waiting to be taken, and all you have to do is reach for them!

Older Posts »

Powered by WordPress