Apr 24

My InfoBarrel Challenge: Follow Me As I Earn An Extra Income

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infobarrel challenge

Previously I was writing about  my InfoBarrel challenge on Squidoo. If you haven’t already, you can sign up for InfoBarrel here. However, since they require you to constantly update your lens and to their specifications, I decided to move the challenge over to my blog.

This challenge will consist of me writing approximately 1.5 articles a day, 45 articles a month, or 540 articles total. My official restart date is May 1, 2013. I’ll be using the remainder of April to work on article ideas and keyword research.

My short term goal is to make enough to pay my student loan payment. Long term I want to use this money to supplement my income. Based off the calculations given by Michael, at http://www.earningforever.com, I should be making approximately $.50 an article. Now obviously that is just an estimate. Some articles will earn more and some less.

 

Well how am I doing so far?

Even though I officially started this challenge in January, I got totally distracted and started working on other things. But now that those ventures haven’t panned out, I need to get back to this challenge. These are the articles that I published in January & February on Infobarrel.

Articles Published in January

FEATURED IN JANUARY
How to Change Your Name
OTHER ARTICLES
Squidoo 52 Week Challenge Week 1-7-2013
52 Week Squidoo Challenge
What if I Dont Feel Like Exercising While Im Pregnant_
How to Make Free Money Online with Swag Bucks
Setting Goals to Pay Off Your Student Loans

Approximate January earnings: $2.65

Articles Published in February

How to Make Homemade Mac and Cheese
MyHoneyChild Product Review
Student Loan Repayment Tips

February earnings: $0
 

Why the drop off in earnings?

I think the main reasons were:

1) I wrote fewer articles.

2) I cancelled my subscription to SocialAdr. During January, I added all of my articles to SocialAdr. SocialAdr is a service where you can share your content and other people’s content on popular social networks and social bookmarking sites.  The great thing about this site is that you are getting social signals from other people and not just bookmarking your own stuff.

Unfortunately at the time, I wasn’t using the paid service enough to justify the cost. But I do plan on signing up again in the near future. They do have a free plan where you can list your content on the site that you want bookmarked, but you have to share at least 5 other sites to earn credits. Once you have earned enough credits, others will be able to share you content. I still think the free plan is worth it, but I keep forgetting to log in daily to do it. To sign up for a free account, click here.

How I Plan to Increase My Writing Income

Since Infobarrel hosts monthly writing challenges, I plan to use these times to increase my ad share income.

They have recently changed their prizes and criteria for articles to qualify for the bonus. Your articles now have to have a writing score of 41 or above as well as the most writing points.

For every article that gets submitted to their editorial calendar you receive an additional 1% ad share up to 5%. If you earn more than 20 points you’ll get an 80% Adsense share. So if you earn 30 writing points, you’ll get 85% Adsense share.

The writer with the most writing points now gets $100 added to your InfoBarrel Ads monthly revenue, second highest $50 and third highest $25.

You earn the following writing points for articles submitted:

500+ words and 41 writing points – 1 point
800+ words and 41 writing points - 2 points
1000+ words and 41 writing points - 5 points

Since I will be writing a lot more content, I hope to be able to win one of the writing contents in the coming months.

Have you completed a writing challenge, if so, let me know how it went?

Apr 24

Personal Finance Basics: Tips for Saving and Managing Your Money

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The first step to becoming financially responsible involves becoming your own personal money manager. The tips provided in this article with help you to set goals, take control of your finances and start saving.

Start Setting Goals

Since so many of our purchases are done on impulse, set a goal to plan all purchases and debt repayment. Personally, when I have cash, it burns a hole in my pockets. For some reason it’s easier for me to spend cash than using a debit or credit card.

When you know ahead of time what you’re going to spend and on what, it helps curb unnecessary spending. Recently I set a budget for my groceries and have been able to stick to it. I make a list of what I need and write down the cost of each item as I’m going through the store. Before I checkout I add eventhing up, if I go over than I know I have to put something back.

Manage Debt

If you do use credit cards for everyday purchases, don’t max out the cards. Spread the debt across several cards, that you plan to pay off each month, rather than carrying a high balance. When you use over 30% of the limit, your credit score starts to decrease.

If you find that you’re having a hard time paying off your credit cards every month, stop using them. Stop and take a look at what you are spending, and try to cut wherever possible.  I know that sounds real simple, but in the end if you cant afford an item than it’s best to wait to purchase it. Unfortunately, however,  many have to use credit cards just to make ends meet. If that is that case, try to find other ways to reduce the expense your are using the credit card to pay or try to increase your income.

Pay Yourself First

Twice a month when I get paid, money automatically goes to my 401k and savings account. When you get paid, the first thing you need to do before paying bills, is to pay yourself. This can be either through 401k deducations or a personal savings account. If you intend to save after you pay your bills, you will find yourself always coming up short in the savings department. If you feel that you dont have enough to save now, create a budget to see where your money has been going and what improvements need to be made.

Good money management takes time and effort. By following the above tips, you’ll be on your way to reducing your debt and increasing your net worth.

Apr 23

Work For Yourself From Home With These Tips

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Many people are discovering the benefits of starting their very own home based business. Even though there can be a lot of competition, there is no reason why you can’t be successful with the right knowledge and tools. To learn how to beat out any competitors, keep reading.

Be sure to keep update to date financial records of your home business. Not only will this help you in the event of an audit but it will save time when it’s tax season.

Having accurate financial records can enable you to prove all your business expense and deductions you have taken. Also keeping up to date records allows you to see how well or poorly your business if performing.

Your internet service can also qualify as a tax deduction, if used for your business. It’s important to note however, that if you use the service for purposes other than business, only a portion can be deducted. If you will be taking phone calls, setup a separate phone line for your business calls. Set up a dedicated telephone line that is just for business. You can write this off against your taxes as well.

TIP! Create a marketing plan before you start your business to help identity your core customer base. Understanding your target market allows you to tailor your plan to attract customers.

Having a business plan before you begin your home business helps you see if your idea will be profitable. Check out your competition and evaluate how difficult it will be for your business to be profitable. Critique your business prospects before you begin.

Take your time when it comes to naming your business. Since you will see and hear this name a lot, pick something that you love and can that can be branded across multiple online sites. Before securing a website, ordering business cards or setting up a Facebook page, make sure the name is not already copyrighted.

When you work for yourself it’s imperative to create a work schedule. To maintain a balanced lifestyle, set a time when you will be working and keep to it. It’s also important to schedule time to relax and for your family. In this way, you’ll avoid burnout and still be productive for your business.

TIP! Speak with an accountant before starting your business so you’re aware of all your deductions you can take.

When brainstorming your startup costs, make a list of the times that will be needed. Shop around for these supplies to get an actual cost and to get the best deal.

To help jumpstart your home based business, start by doing something you already know how to do or have experience. Since learning about a new business takes time, you will be more successful if you already have experience in the area you choose. Find your strengths and start a business in what you already know and love.

TIP! When running a home business, a good rule of thumb is to spend 20% of the time learning the ropes, and 80% actually doing the work. By running the business, you should be carrying out the duties that make you more money.

To keep you motivated, create a visual board using pictures from magazines and books that represent your goals. It doesn’t have to include extravagant purchases, it could just be a picture of your family that you would like to spend more time with. If you want to pay off your mortgage, include a picture of your home.

Applying this information will help you on your path to financial freedom and allow you to succeed. Keep in mind that you should always be on the lookout for new and relevant information that assists you in helping your business succeed. Every business is different, so take the knowledge you’ve learned and apply it to your business in a way that works for you.

Apr 23

Simple Ideas To Improve Your Personal Finances

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To improve your personal finances, you’re going to have to stop wasting money and start moving in the right direction. If you’re unsure of how to really save money, that’s ok. You may feel embarrassed to talk to friends or family about this, though chances are they are dealing with the same thing. Read the article below and you will find ways to stop wasting your money.

It’s always a good idea to have an emergency savings account. Not only is it good to have one for unexpected items, but you can also begin to save for anticipated events, such as going to college, buying a new car, or paying off the balance on a credit card.

TIP! Make solid plans for keeping your personal finances orderly for your future. If you have a good plan you will be able to motivate yourself to save and not spend.

Credit Cards

Avoid debt in order to improve your personal financial situation. Obviously there are situations when you cannot avoid debt, such as obtaining a mortgage but credit cards should be given avoided as much as possible.  Loans and credit cards charge interest and fees; therefore, it is important to try not to borrow unless it is absolutely necessary.

TIP! The way to get money and be wealthy is to spend less than what’s coming in. Those that overspend their earnings will never build a savings or find financial comfort.

A yard sale can get rid of unwanted clutter and help you earn a substantial bit of money at the same time. One could ask neighbors if they can sell their items for a small percentage of the sale cost. Get creative with the ideas for your yard sale.

Look for coupons online that you may not see in stores or newspapers. Maintaining good personal finances means using tricks like this to save money.

If you do not want to use a pen, paper, and check register to see what your monthly finances are, take your budgeting and checkbook-balancing tasks online. Many options are available, both online and via software, which can easily categorize and track your deposits and expenditures.

TIP! Don’t be afraid to discuss your finances with your friends and family. This way, you will not feel bad when they try to invite you out when you could not afford it.

Keep all your financial information in order so that it is readily available if you need it. Collect important documents, like receipts and papers related to insurance and health care, and put them all in one place where you’ll be able to find them when you need them.

If you don’t already have one, open a new flexible spending account. The money in this account is not taxable so that adds up to extra savings for medical or daycare costs.

Credit Report

TIP! Understand your priorities when it comes to money. Improving the way you manage your money is easier if you understand your options.

Always pay attention to your credit report. You may obtain a copy of your credit report without cost. You should check to make sure there aren’t any discrepancies or signs of identity theft on your credit report.

Find out how much you can spend and create a budget on your findings. Examine your budget to find areas that are costing more than they should. When you don’t know where your money is being spent it can leave you financially destitute   Look for a free finance software, as it makes the process easier and more enjoyable. You should use the extra money to pay on debt or invest it.

Those with children, who want to send them to college, should start saving money right away. If you want to assist your child with college cost, open up a 529 account now.

TIP! Put some money away each day. Buy your usual items in bulk, look for discounts and coupons and shop in different stores so you can compare prices.

It’s never too early to get and keep your finances organized. No matter what age you start improving your finances, it can only be beneficial to your future. A late start in good financial management is better than a non-existent one.

This article hopefully showed you how easy managing your money can be. If any ideas seemed confusing to you, take the time necessary to research further so that you have a solid understanding going forward.

Mar 28

How to Save Money on College Tuition

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repaying student loans

With the ever rising cost of college tuition, all students should be thinking of ways to save money on college tuition. Back when I was attending college, I briefly tried most of the below methods. However if I had did more careful planning ahead of time, I wouldn’t owe what I do in student loans.

This list is not all inclusive but it’s a start to brainstorming ideas on how to save money on college tuition.

Attend community college

When you’re a high school senior you are bombarded with all the different college and university choices available to you. You attend college fairs and recruiters even visit most schools. However the one school that most people don’t want to admit they’re going to is their local community college. When I first graduated high school I went to community college and I really wish I had stuck with it.

The main benefit of attending community college is that the cost of tuition is about half of what you would pay for a state school and the classes are the same. To save money on tuition, seriously think of attending a community college. They offer all the general education classes that 4 year colleges or universities require and the classes transfer over.

Attend school in state

If you feel that you don’t want a community college or you want to live on campus, go to an in state school. When you go away to college, not only do you have to pay for room and board but you have to pay out of state tuition. For some schools, this can be double the cost of in state tuition. If you don’t already have grants or scholarships, your student loan tab can add up really fast.

Live at home

When you’re nearly 18 and becoming an independent adult, you cant wait to get out of your parents house. Most people look forward to college for thisvery reason. However, if you live at home, instead of on campus, you will save thousands a year in housing costs. Those costs are typcaally added onto your student loan total and will have to be repaid after school. If you are on good terms with your parents, then stay at home. Save your money and focus on your school work.

Get a job

Many colleges offer work study as part of financial aid package. If that is the case, consider getting a job. Depending on your course load, you may just be able to work 10 hours a week. But if you do this, you will have extra spending money and you wont be tempted to use student loan refunds for living expenses.

Apply for scholarships & grants

There are scholarships for practically every major you can think of. Take time out even after youre a college student to apply for scholarships and grants. Depending on your major, you may be able to start working for an employer that will either pay for school or reimburse you.

Pay with monthly plan

There are a few programs available that allow you to pay your tutition by making monthly payments. Some of those companies are (http://www.factsmgt.comhttps://www.salliemae.com/landing/tpp/). Check with your school to see what options they have available. My making monthly payments, you may not even have to take out loans depending on how many classes you are enrolled in. some programs even allow you to include your book costs.

Prepayment Discount Plans

Some colleges will offer a discount if you pre-pay your tuition for the semester. If you have the additional money, it’s a good idea to go ahead and pre-pay your tuition.

Take AP Coursework

If you are still in high school, sign up for “AP” classes, or “advanced placement” classes. These are college-level courses offered to high school students that allow you the opportunity to earn college credits by passing an exam at the end of the course. Depending on how many AP classes your school offers, it may save you the cost of a full sememster at college.

Study abroad

There are different countries that allow noncitizens to go to college for free. There are also local colleges that permit students to spend a sememster abroard. Check with your school to see if they offer this program and if there is a reduced tuition cost for signig up.

CLEP exam

Most colleges offer CLEP exam. Once you pass these exams, you will be granted credit for the class and you will not have to take the class. There is generally a fee for the exam but it is a fraction of the cost of tuition. Check with your college to see what CLEP exams they offer to see how you can reduce your tuition cost.

 

Have you used any of these suggestions to save money on college tuition?

 

 

Feb 15

Money Making Tips: How to Make Money on Fiverr

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fiverr header

Fiverr is a site that brings together buyers and sellers who are willing to exchange services for $5. These services are called “gigs” and can range from silly tasks to business services. Fiverr is free to join and you can sign up with Facebook or email. All the gigs are priced at $5; however as a seller you will receive $4 for each completed gig. The remaining $1 is for maintenance of the website.

Fiverr offers different levels to boost your income and visibility within the site.

Fiverr levels are broken down into:

fiverr levels

 

Categories

fiverr categories

There are various categories to choose from to list your services. Each category includes a subdirectory of additional services.

Below are a few tips to increase your earnings on Fiverr.

Pinpoint Your Skills

Review the different categories on the site and look at some of the gigs already listed. Brainstorm different tasks you can complete in a short amount of time to maximize your earnings.

You can post up to 20 gigs at a time so it’s best to use all 20 if you can.

State a Realistic Delivery Time

Think of your current availability and prior commitments. You do not want to tell your customers that you can finish something that takes a week to complete in only one day.

It’s important to give a realistic time-frame to complete a gig. If you don’t deliver on time, buyers can cancel their order.

Provide Clear Instructions to the Buyer

The instructions you provide to the buyer need to be clear and understandable. They should know exactly what they are paying for and will receive after you finish your gig.

Provide Excellent Customer Service

Never get negative feedback. This will hurt or completely destroy your business on Fiverr. Go out of your way to please reasonable customers. The better your reviews, the more likely it will be that you gain future and repeat customers.

Sites Like Fiverr

There are many different sites that are like Fiverr that offer the same or very similar terms. Below are a few sites like Fiverr.

http://www.gighour.com
http://www.gigme5.com
http://zeerk.com/
http://gigbucks.com
http://www.fittytown.com
http://www.nettradr.com
http://dollar3.com
http://www.microjobsonline.com
http://www.gigerdone.com
http://www.jobsforsix.com
http://www.fivealot.com

Have you made any money on Fiverr or sites like Fiverr?

Feb 11

Groceries on a Budget: 15 Ways to Save Money on Groceries

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stock-photo-16801225-two-women-shopping-in-supermarket

During this week’s save money post, I wanted to discuss how to save money on groceries. Recently I reviewed my bank account and calculated that we’ve been spending too much money on groceries. This is mainly due to my lack of careful planning and not really having a set budget and sticking to it.

During the month of February I’m going to implement some changes to save money on groceries. I’ve compiled a list of different strategies and suggestions to help reduce my grocery bill.

My plan/suggestions are as follows:

1. Set an actual budget

For this month, I decided to set my grocery budget at $300. That will include groceries, lunch for work, cleaning/laundry supplies and quick meals to replace eating out. This budget is to feed a family of 3.

2. Print coupons

stock-photo-10337830-coupon-savings

I can never seem to remember to buy the Sunday newspaper that has the coupon circulars. So to make sure I get the coupons I need for the coming weeks, I’m going to print them out.

These are the major coupon sites that I will be visiting.

Coupons.com

Redplum.com

Smartsource.com

Savings.com

3. Price match

My grocery store will price match competitors’ printed ads. What I plan to do is check out two other stores online to see if there is anything that I would want from there that is on sale. Then I’ll drive by and pick up their printed circular

I’ll take the circulars with me to make sure I get the lowest price for the sale items. I know that it will be a little bit of extra work going to the two other stores to pick up the circulars, but I want to see if I can stay within and even reduce my allotted budget.

If you only plan on shopping at one store, be sure to review the store coupons before you leave home. Grocery coupons can be combined with manufacturer coupons for greater savings. Also if your grocery store offers discounts through a savings card, make sure you sign up and use that as well. Many stores now have cards that you can keep on your key chains so you always have them with you.

4. Take inventory & make a list

stock-photo-3280460-the-market-checking-a-list

These two go hand in hand. Although I normally make a list of the things I need before I leave the house, I sometimes forget to take inventory of what I actually have on hand. This usually causes me to buy the same things over and over and waste money.

5. Buy store brand

I plan to buy as much store brand items as I possibly can. Now when I say possibly I mean just that. Some items my husband refuses to eat if it’s not name brand, like cereal, even though it tastes the same to me. Also some items just don’t work or perform properly if they are not name brand. For example, I bought some store brand American cheese the other week. When I tried to put it on my hotdog, like I normally do with my cheese, it would not melt lol. That freaked me out and grossed me out at the same time. Needless to say, I MUST have name brand American cheese lol.

6. Re-purpose leftovers

I don’t know how much food I’ve throw away over the years but it’s too much waste and too much money. My family starts to act funny when they see the same meal too many days in a row. I’m going to get more creative and re-purpose my leftovers by making something new out of something old. I currently have some spaghetti sauce that I will either freeze for next time or use it to make lasagna or baked ziti. Either way, they will see it again.

7. Plan meals in advance

stock-photo-9538910-calendar

Since I’ll be going to the store twice a month, I’m going to plan out the actual meals I’m going to make so I can only buy the items for those meals. This will help me to know exactly what’ I’m going to make and reduce unnecessary purchases.

I’m also going to check the local ads from the stores to see what’s on sale and what meal can be made from those items.

8. Be Flexible

You may want to buy boneless skinless chicken breast that week but only split chicken breasts are on sale. Instead of spending the extra money on the boneless skinless, you can save by buying the split chicken and just remove the bone and skin. Sometimes the item we really want isn’t on sale so it helps to be flexible and get something similar that is on sale.

9. Repackage meat

The grocery store usually sells large family packages of meat. Instead of preparing or even freezing the entire package, I’m going to separate the meat into smaller servings. I use large freezer bags and just try and press out as much air as a possible to reduce freezer burn. It’s also easy to label the bag with what’s included and the date.

If you notice that your grocery store is selling a larger piece of meat, cut it up into 2s or even 4s. I recently bought boneless skinless breast. The breasts were pretty big so I flayed them. That section was still big so I cut that in half. At that point it was the serving size of what we should be eating anyway. That one package of chicken breast yielded 32 servings of chicken.

10. Eat before you leave

I know we’ve all made this mistake before. Going to the grocery store hungry is almost a guaranteed way to spend extra money. You’re thinking of all the things you would like to eat or maybe even start eating while you’re in the store. Once you open it, you bought it, so be sure to eat before you leave home or bring some snacks with you.

11. Leave your family at home

I personally prefer to go to the grocery store by myself. It allows me to focus on what I’m getting and take my time. I don’t have to worry about my husband putting extra stuff in the cart or my stepson asking for various treats.

12. Go prepared

It’s best to go grocery shopping when you have time and are more relaxed. Generally when you rush through the store you tend to forget what you came for and have to make a second trip later on. Also make sure you wear comfortable clothes and shoes. There have been times when I went to the store after work and I had on the wrong shoes. My feet were hurting so bad I couldn’t wait to get out the store.

Also select a time with the least amount of people in the store. This is usually either earlier in the morning or late at night. When I’m at the store and the aisles are packed with people I get irritated and i’m ready to leave. Avoid being frustrated and pick the right time.

13. Find a local butcher or meat package store

stock-photo-16957391-various-fresh-meats

Ask around to see if you can find a butcher that offers meat packages. I’ve finally found a friend who knows what I’m talking about and directed me where I can go.  You can usually save money on meat by buying it in bulk. Generally with a meat package, you’ll get different cuts of chicken, pork and beef for a reduced price than if you bought everything separate.

14. Shop at Dollar Stores

Another friend turned me on to shopping at the Dollar Tree. I completely forgot they have cleaning supplies, sometimes name brands. Many locations also carry food, toiletries and other paper goods that are less than a grocery store.

15. Buy the smallest size when using coupons

Many stores will double manufacturer coupons. If you buy the smallest size allowed, you may be able to get the item for free or close to it.

For example, let’s say you have a coupon for 45 cents off cheese. With the store doubling your coupon, you’ll get 90 cents off.  If you buy 16 slices, for $1.29, it will cost you .39 cents. But if you buy 24 slices at $2.45, then you’ll pay 1.55. Depending on the savings with the smaller item, you may be able to buy 2 of the smaller items.

What things have you done to save money on groceries?

Feb 06

Get Paid to Tweet

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get paid to tweet

There are a few websites options to get paid to tweet. The process is fairly similar for all the sites. You register for free using your twitter account. After you register you can set your price per tweet, update your profile and potentially upgrade your account for more exposure.

Before deciding to charge for tweets, decide if you want to use your main twitter account or set up a separate account for advertising. Also some companies require your account to be a certain age or have a specific number of followers.

Since these sites tend to be a directory of sorts, you will be competing with thousands of other tweeters. Set a reasonable rate for your tweets and keep your payment expectations somewhat low.

Below are a few companies that offer payment for tweets.

Paidpertweet is a website that provides a directory of twitter users for advertisers to hire or promote their product or website. The websites states that you can earn up to $5 per tweet. The average rate that I see to get paid for tweets is $.10.

The minimum payout amount is $100 unless you have a verified account then its $15. Verified accounts are $2.99 a month. If your account is not verified, it may take a while for your account to become approved.

Sponsored Tweets is similar to Paidpertweet. This site seems to have more celebrity endorsement as well as regular twitter users.

The process is very simple to join, you just sign up with your twitter account.  Once you add your account the site will suggest you how much you should charge for tweets.

My suggested price was $.10 based on the amount of followers that I have. Although they suggested this price, I do have the option to change it if I wanted.

There are a few other requirements to begin charging for tweets and to become visible in searches to advertisers. However, advertisers can make you offers.

1) Your twitter account has to be at least 60 days old

2) You need to have at least 50 twitter followers

3) You need to have 100 status updates

Sponsored Tweets requires full disclosure. This means you have to disclose in each tweet that you are paid by an advertiser.

They also offer the below account upgrades:

 Featured User

Sponsored Tweets allows you to become a featured user and have your profile listed in the tweeter opportunities section of the website. There is a monthly subscription cost for this upgrade that is designed to help grow your social influence and increase your earnings.

Pro Accounts

Another account upgrade is to change your free account to a Pro account. There is a $1.99 month charge for this update. You can try the service free for 30 days. If you have an account balance, then the monthly fee will be deducted from that. If not, you’ll have to pay with a credit card.

What’s included with your pro account?

  • You’ll receive a “Pro Badge” -  lets advertisers know that you’re a professional tweeter and you’re accepting offers
  • Priority sorting – you’ll appear above basic or free users in the advertiser’s list
  • Lower cash out threshold – you will only be required to make $25 instead of the normal requirement of $50.

Referral Program

Sponsored Tweets has a referral program that allows you to earn money for referring others. When your referral signs up using one of your links or badges, you’ll receive 10% of Sponsored Tweets portion of revenue for each successful transaction that Tweeter makes. You can sign up with my link here. If you sign up an Advertiser you will earn 5% of Sponsored Tweets earnings for each transaction they make.

Pay4Tweet is slightly different from other get paid to tweet sites. You to make money selling tweets and  the text ads that are supplied by tweets.

They offer a plugin that you can buy ad space and then resell text ads within that space. The minimum price limit is $1 per tweet and the maximum is $10,000.

 What has been your experience with getting paid for tweets? Are you opposed to the idea?


 

Jan 27

Update on My Progress to Eliminate Student Loan Debt

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Refocusing Again

My goal is still the same, repay student loan debt, but how I go about it has changed slightly. Since I’m such a scatter brain and have so many different ideas in my head constantly, I needed to take a step back to stop and refocus.  Previously I was trying to work on project after project but clearly I wasn’t getting anything done.

Because of my lack of real focus, I haven’t been able to make my monthly loan payment for this month. Also since my husband is still unemployed, I can’t afford to make my $270 student loan payment. So unfortunately my student loan will have to go back into forbearance.

New Projects

In an effort to streamline my many ideas and ventures, I’ve decided to focus mainly on:

  1. Writing primarily for Infobarrel instead of Squidoo
  2. Updating this blog on a more regular basis

Infobarrel Writing Challenge

My original writing challenge for the year was to complete 365 lenses on Squidoo. At the beginning of the month I was so pumped and excited. I saw my lens traffic increasing and my ranking decreasing (which is good). But then about a week ago I saw my rankings begin to rise. When your lens rankings get too high then you’re no longer eligible for the shared advertising income pool.

So even though I enjoyed creating the lenses, I don’t have the time right now to constantly update them to keep my rankings within the income tiers. With Infobarrel, you don’t have to constantly update your articles. Once you create a great article, you’re good for months to come. Actually one of my articles has been featured this month. Check it out here.

So far I’ve earned about $2 in AdSense income with Infobarrel. Although this is far away from my goal, it is definitely a start in the right direction.

More updates on this blog

My goal is to write at least one article a week for this site. The posts will be generally geared toward those who are looking to pay off their student loans as well and less about my daily happenings.

Goals for the week

  • Finish doing keyword research for article ideas using Market Samurai and Long Tail Pro (free trials available for both). I will have at least 20 article ideas researched and ready to start writing.
  • Sign up for 5 different sites revenue sharing sites to add backlinks to my articles and make money some money in the process.
  • Complete a post for this site for next week
  • Complete setting up blog network to include 10 sites
  • Add all my completed articles to Social Adr
  • Write 5 articles for Infobarrel to include in February’s writing contest

 

Jan 07

Operation: Eliminate Student Loan Debt – Daily Check in 1-7-2013

Share it now!

Although I had my in-laws in town this weekend, I was able to get a few things done. But now that the weekend is over it’s time to get back to work. Below are the updates on my current projects.

Squidoo

I was able to publish two new lenses this weekend. One was for purple handbags and the other red handbags. I was able to create and upload videos for them as well on YouTube. However, since my time to work on extra projects was limited, I wasn’t able to do any backlinking or research new lens ideas.

When I last checked, my previous lens raincoats for girls, was on the first page of Google for an exact match search.  But It was beyond the 10th page for a phrase match. I stopped checking after the 10th page.

My previous lens rank in Squidoo for raincoats for girls was at 25,514, with 11 likes and now it’s at 17,700 with 12 likes.  Hopefully it will continue to drop and I’ll enter the Tier 1 payment structure.

Infobarrel

My article on my 52 Week Squidoo Challenge is now live at http://www.infobarrel.com/52_Week_Squidoo_Challenge. At first it was rejected because I had a link to join Squidoo in the body of the article. According to their rules, I had to move it down to the signature section.

Goals for the week:

I want to try to keep up with my 365 lens challenge for the year. To do that, I need to complete 10 more lenses by the end of the week. Man that’s a lot of work lol.

Anyone else completing a writing challenge, if so leave your comments below.

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