5 Ways a Home Business Can Make One’s Life Easier

Copyright © Kimberly Flores, Rich Mom
http://www.rich-mom.biz

Home businesses come in many different shapes, sizes and forms. These types of businesses provide individuals with an alternative to the office job setting and provide various freedoms to the business owners as well. In fact, there are five often-cited ways in which a home business can make one’s life easier overall.

Child Care Issues

Perhaps one of the most often cited features of a home business which can make one’s life easier is that by owning a home business, individuals are able to work while staying at home with their children. This makes the need for daily child care a nonexistent factor. Although some individuals who work from home still opt for putting their kids in daycare, having a home business does make doing without child care a possibility.

Transportation Issues

Another way which home businesses can make a business owner’s life that much easier relates to transportation issues. When owning a home business, one can conduct their daily business affairs from the convenience of their home office. This gets rid of the need for commuting to an office each day and putting mileage on the car, not to mention paying costly gas bills. It is also a time saver with regard to not having to commute to and from work which is also a highly regarded trait of owning a home business.

Tax Deductions

One who has a home business is also able to reap the benefits of multiple tax deductions and incentives which may be available to them. Using a home office enables a business owner to save money in the long run by seeing deductions on their annual tax returns. Although this only happens once a year, the rewards are often quite good for home business owners who operate their business out of their home office.

Being Your Own Boss

An additional incentive for home business owners is that they are their own boss. This is a wonderful thing to consider. No more bossy employers enforcing strict, unyielding schedules. Being your own boss is a sure way to make one’s life easier. One can work when they want to, take a break if they like and pursue their occupation in the manner which they see fit.

Reduce Overhead This Way

Lastly, an individual who runs a business out of their home will often find that their life is made easier by saving themselves money in the end. As opposed to those individuals who own businesses which are run out of separate offices, home business owners will see large reductions in overhead. Making use of the home as a workspace is a great way to make life easier on the individual and their wallet.

Kimberly Flores, the Rich Mom wants to help you get your very own profit pulling website now! It’s a snap and guaranteed!
Visit http://rich-mom.biz

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Affiliate Programs-Do They Work

Copyright © Kimberly Flores, Rich Mom
http://www.rich-mom.biz

When people get the idea of starting a home based business, one of the first things that comes to mind is joining an affiliate program. People seem to have this mistaken idea that because the different companies offering affiliate programs have so many different products to offer, it will be easy to sell those products from your website. The problem is that thousands, and even millions, of other people with access to the Internet, have the same idea, so the market is becoming saturated. Even if you do manage to find a product that sells well, you will have to sell a great many products in order to make any kind of decent income from these programs.

This is not intended to dissuade you from joining affiliate programs as a means to make some extra income, but it is not something that you can rely upon if you are attempting to replace a primary or secondary source of income. In order to make any kind of real money with these programs, you have to either join hundreds of them and be willing to invest a great deal of money into advertising your website, and thus your affiliate programs, or you need to find those that pay the most commissions.

For example, some of the credit card processing companies like ClickBank offer $4 and up for every sale that goes through their network from one of their partners. Even with these higher paid affiliate programs, you have to be willing to do a great deal of advertising and promoting of your website in order to make any substantial income.

With affiliate programs, the key is in advertising and promoting, and the more you have to advertise and promote, the better your chances are that you will be successful with the venture. Those most likely to be successful with this type of home business are those who are not only familiar with advertising and promoting websites but selling as well. That doesn't mean that someone who does one or the other cannot be successful, but those who have the most experience in all aspects of this type of business will gain the most success.

That means you should not only know about website advertising and promotion and have experience in sales, but you should also be equally familiar with the products within your affiliate program(s).

For example, don't join an affiliate program for a company that sells political memoirs if you have no interest in politics. You have to enjoy what you are doing in order to do your best, and that means knowing and enjoying the products that you promote. None of this guarantees success with this type of business venture, but lacking these qualities assures ultimate failure unless you gain the knowledge and expertise along the way.

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Kimberly Flores, the Rich Mom wants to help you get
your very own profit pulling website now!
It’s a snap and guaranteed!
Visit http://rich-mom.biz
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Note: You have permission to reprint this article in it's
entirety in your newsletter or blog. Also please feel free
to pass it along to others who you think would enjoy it.

Teach Your Kid about Money

Copyright © Kimberly Flores, Rich Mom
http://www.testedtough.com/4

When I married, I knew I didn’t want any children.

This was based on my upbringing and how my father treated us 3 kids and how I treated my younger siblings. I wanted no part of it. I was content going to work and spending my money on ME.

Ok, fast forward 15 years.

I am holding the most blessed creation on this earth in my arms. And I can’t think of nothing but this little bundle of joy. As it turns out, he is the only one God has chosen to bless me with.

My son has taught me more about life in his 12 young years than I have had in the previous 30.

When I would go shopping, I was buying anything I thought would make his life better and easier than mine was when I was his age. What a turn-around.

This boy has his own computer, x-box, TV and TWO rooms in the house all to himself.

When he has a few dollars saved, he is always looking to spend every last cent on something that I know I will be stepping on next week.

I need to turn this money monster around before it’s too late!

So, I have been getting him involved in what is possible with a home based business. And he and I are members of the Insiders Club at RichDad.com where they stress the importance of financial education, especially to children. They are our future leaders, you know.

My main goal is to be a stay-at-home mom, and this is the very vehicle that I am using:

I show him how my Plug-in Profits website has several revenue streams that he too, can join and promote for his own benefit. I show him also how it makes it very easy for me to promote with its built in support system and many coaches that are all included for the minuscule start-up costs.

Here is where I had my website setup (for FREE) and then I was given a 30 day plan that showed me how to get subscribers to my private email series (also free) and how to do an assortment of great traffic building how-to’s, like setting up a Blog, and writing articles, SEO, and Google, and offline and word-of mouth advertising. I know I left something out. You should check it out.

http://www.testedtough.com/4


Children are very aware of what we the grown-ups are doing and it registers in their minds as what is considered normal. They absorb it all. Weather they see us doing good or bad that is their impression of the world.

So I have chosen to let him see the entrepreneur and by my actions I hope to teach him that he can make it in this life by working for himself and not to have to rely on a paycheck and the government to take care of him.

I am insisting he present me with a bill of sale when he does something for me that require a payment, such as a special chore. I learned this from reading Rich Kid, Smart Kid by Robert Kiyosaki.

For Example: He wanted an XBOX 360. So rather than just buying it for him, he made up a payment schedule to pay back the ‘loan’ until the thing was paid. And I ‘loaned’ him the money. Each week he would deduct his income from his chores and draw up the balance owning.

This gets him in the right mindset of credit. And the Xbox broke before he had it paid for. Guess who’s still paying for it? We’ll get an extended warranty on the next one.

To him, this is normal life.

What 7th grade kid can tell you what ROI stands for?

My Home Biz Kid can!
And you know what? I’m helping him on his own website, HOMEBIZKID.COM which will
also have his own products for sale. Stay Tuned…

About the Author:
Kimberly Flores, the Rich Mom wants to help you get your very own profit pulling website now! It’s a snap and guaranteed! Visit http://rich-mom.biz

Note: You have permission to reprint this article in it's
entirety in your newsletter or blog. Also please feel free
to pass it along to others who you think would enjoy it.

More Homes Lost to Rising Foreclosures

Copyright © Kimberly Flores, Rich Mom
http://www.mustang-rock.com

With interest rates continuing to rise, the number of borrowers who face losing their homes in foreclosure sales is increasing. Many homeowners are forced to seek pre-foreclosure options rather than waiting for the repo officers, but they still face substantial financial losses and are naturally distressed by the loss of their homes.

Why are foreclosures on the rise? Over the past few years, the booming housing market has encouraged people to become homeowners. Rising house prices convinced them that they would always be able to sell at a profit. For this reason, many sought out lenders who would offer them sub-prime rates for properties they could not otherwise have afforded. Adjustable rate mortgages meant lenders offered better deals in the immediate term, but with decreased long-term security. Now interest rate increases have increased the monthly cost of some sub-prime loans by as much as fifty percent, leaving distressed homeowners unable to keep up.

Facing foreclosure, many homeowners have opted to undertake pre-foreclosure sales, reclaiming at least some of the value of their homes, but the slowing housing market is making this increasingly difficult. Others have sought out further loans from lenders willing to help them keep the repo officers at bay, but these loans also tend to be at sub-prime rates, potentially worsening the spiral of debt. What can distressed homeowners do? The search is on for responsible lenders offering deals which can enable homeowners to remain in their properties whilst they pay off their debts over a longer timescale.

About the Author:
Kimberly Flores,
The Rich Mom Foreclosure Investor offers you resources to get your business started.
Visit http://mustang-rock.com