Entrepreneurship

11 Lucrative Freelance Jobs That Are Still Growing

Building wealth boils down to a pretty simple equation: Either spend less money, or earn more of it. We offer plenty of ways to tighten up your spending and keep more money in your pocket, but at some point, there are no cuts left to make. Whether you’re a stay-at-home parent looking for work you can fit …

11 Money Moves to Make Before Becoming a Mommy-Preneur

For years, I sat behind a desk crunching numbers, analyzing spending trends, validating financial transactions and generating reports. (Sound exciting?) Although the day-to-day routine bored me out of my mind, I did what most logical people would do and sucked it up. After all, the money was good and I worked with a decent group …

Saving Money in Your Startup — Part 3

If you’ve been following along with this series, you’ve already thought about where to locate your business, the cost of living in your city, where to set up your home office or workplace, how expensive coffee shops are, how to legally set up your business entity, the business model canvas and lean startup methodologies, DIY …

17 Strategies to Survive Working From Home With Children

If you’ve ever thought working from home with small children beats driving to the office each day, you may be sadly mistaken. My children are definitely the apple of my eye, but they can be a handful anytime I sit down to complete an important task. It’s almost as if they have an internal switch …

Saving Money in Your Startup — Part 2

So you’re thinking about starting a business. Congrats! Now what? Odds are good that if you’re starting a business, you’re a “solopreneur” — meaning it’s just you, and you’ve got some questions about what to do next. Whether it’s your first startup or you’ve been down this path before, identifying and accessing key resources — both …

Small Business Insurance Basics

There are about 45 million businesses in the United States of which more than 99 percent are considered small businesses. More than 40 million of those small businesses have fewer than 20 employees. All businesses, small and large share a common need for protection against the unexpected, and small business insurance satisfies that need. Unlike, …

Saving Money in Your Startup

We get it. You’re starting a new businesses and you’re strapped for cash. There are a million questions going through your head. We empathize with bootstrapping entrepreneurs and small-business owners everywhere, and today we explore meaningful ways (that add up) where your business can save money in the early phases. That said, every small-business owner …

Choosing Income-Positive Hobbies and Projects – And Fifteen Examples to Get You Started

Like almost everyone in America, I fill my spare time with a number of projects and a handful of hobbies. I have a number of things I’ve consistently enjoyed over the years – reading books comes to mind, as does computer programming – as well as hobbies that I’ve jumped into passionately for a while …

The Reality of Earning Money Online

I hear every single day from readers who want to know exactly how I’ve made money with The Simple Dollar or how they can earn money online, whether it’s starting a blog or posting Youtube videos or writing ebooks. I’m going to spell all of this out in detail so that the reality of it …

The Diminishing Returns of Yard Sales

A few days ago, I had a great conversation with a couple that live about a block away from us. They have regular yard sales throughout the summer and we’ve stopped at the sale a few times. Their process is simple. They have an area of their garage that they devote to “yard sale” stuff. …

Is a Second Job the Right Decision for Increasing Income?

Undoubtedly, frugality can be a powerful tool that can help you start digging out of a financial hole. Every time you make a choice to cut your spending, you’re directly leaving more money behind in your bank account. It’s an immediate effect, too. That’s money you can use to pay off debt, buff up an …

Saying “The Little Things Don’t Matter” Is An Excuse

Recently, I’ve come across several financial “gurus,” both in print and online, who make the claim that the little expenses in life don’t really matter in terms of getting ahead. “You’re wasting your time worrying about the details of lunch,” they say, “when you should be focusing on drastically increasing your income.” It’s an appealing …

Is Self-Employment Risky?

It was just under five years ago that I made the decision to step away from a secure full-time job to become self-employed. It was a very risky decision, but there were several reasons why I made that choice. First, my work had turned into something I didn’t enjoy nearly as much. During the first …

Categories: Entrepreneurship

You Don’t Need Money to Start a Side Business

When I started my computer consulting business, I spent about $150 in startup costs. I printed some flyers, had some business cards made, and had a lawyer check over a few documents. That’s it. When I started The Simple Dollar, I spent even less. I spent somewhere around $40 launching the site, all told. In …

Categories: Entrepreneurship

Review: EntreLeadership

Every Sunday, The Simple Dollar reviews a personal finance or other book of interest. Also available is a complete list of the hundreds of book reviews that have appeared on The Simple Dollar over the years. I’ve written about 250 book reviews on The Simple Dollar since I started the site in late 2006. Along …

Two Paths to Financial Success

One of my favorite statements about personal finance is that it all boils down to five simple words. Spend less than you earn. Often, I’ll break this down into two methods you can use to earn more money. You can either increase your earnings (through a better job, better investments, and so on) or you …

Review: The Entrepreneur Equation

Every Sunday, The Simple Dollar reviews a personal finance or other book of interest. Also available is a complete list of the hundreds of book reviews that have appeared on The Simple Dollar over the years. One of the biggest reasons that people fail in their entrepreneurial ambitions is that they simply didn’t lay the …

Turning the Corner with a Side Business

A few weeks ago, I put out a call on Twitter and on Facebook for detailed posts that people would like to see. I got enough great responses that I’m going to fill the entire month of July – one post per day – addressing these ideas. Tammy on Facebook wants to know about “How …

Side Businesses for Stay-At-Home Parents

A few weeks ago, I put out a call on Twitter and on Facebook for detailed posts that people would like to see. I got enough great responses that I’m going to fill the entire month of July – one post per day – addressing these ideas. Julia on Facebook asks about “Good ways to …