United States Archives - Learn Money.info

Invest in Bitcoin and Receive Some Free Bitcoin

This post may contain affiliate links please read our disclosure for more info.

Image credit: https://smartereum.com/

In July 2018, I wrote this post, Has the Cryptocurrency Bubble Burst? If you have not read it, please read that post and then come back here. At the time I wrote the post bitcoin had been to $17,000 but was down to $6,600. Today as I am writing the price of bitcoin is $53,884 which represents a 316.96% increase on the $17,000 figure. Even to the casual observer it is clear that the growth trajectory is upwards for bitcoin. Large financial institutions have completed their due diligence on bitcoin and decided that it is here to say. Elon Musk has even got in on the act.

How to Buy Bitcoin

It appears that investing in bitcoin is a good financial move. Please remember none of the information on this website constitutes financial advice and is provided as general information only.

Do your own research and if you want to buy bitcoin, Coinbase is a relatively safe place to start. You can here and because I referred you, when you sign up and buy or sell $100 of bitcoin or more, we’ll both earn $10 of free bitcoin!

Have you bought any cryptocurrencies? What has been your experience? Let me know in the comments section below.

If you have enjoyed this post you will also like the following posts:

Are you Missing out on Compound Interest?

How to Make Money Selling Your Hair

How to get paid Referring Friends for Jobs

Making Sense of Affiliate Marketing Course – Review

Respondent.io Review

How to Monetize Twitter with Affiliate Marketing

Top 3 High Paying Affiliate Programs

What to do if you are Made Redundant: 5 Steps

Credit Cards: How to Make Balance Transfers Work For You

What’s the Best Strategy for Clearing Debts?

Investments: Why Saving is Not Enough

My aim with each blog post is to help you move to a better financial future. I believe that there is not enough financial education in the national curriculum and I intend to share anything helpful that I have learned along the way. I am by no means a financial expert. None of the information on this website constitutes financial advice and is provided as general information only. This is my personal finance blog; my marketing blog is over here and I have been blogging there since 2010. I hope you have found this information useful. Thank you for reading.

Also, get in touch if you would like my help. My email address is mike@learnmoney.io

Best regards,

Mike

How to get Approved for Affiliate Marketing Programs

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Affiliate Marketing

I have written about Affiliate Marketing on this site five times, some of the posts are linked below this one. Please click through to read them if you haven’t already. In this video, I discuss a crucial stage that will set you up for affiliate marketing success. I am referring to the ability to successfully navigate the affiliate marketing program application process.

Once you understand what the Affiliate Marketing Program Managers are looking for, it will be easier for you to successfully apply for programs and boost your potential earnings.

Remember to take a qualitative approach, only apply for appropriate affiliate marketing programs so that you can remain focused and do not spread yourself too thinly.

Next Steps

Have you been rejected for affiliate marketing programs? Do you now have a better understanding of the process? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Are you Missing out on Compound Interest?

How to Make Money Selling Your Hair

How to get paid Referring Friends for Jobs

Making Sense of Affiliate Marketing Course – Review

Respondent.io Review

How to Monetize Twitter with Affiliate Marketing

Top 3 High Paying Affiliate Programs

What to do if you are Made Redundant: 5 Steps

Credit Cards: How to Make Balance Transfers Work For You

What’s the Best Strategy for Clearing Debts?

Investments: Why Saving is Not Enough

Best regards,

Mike

Is Forex Trading Hard to do?

This post may contain affiliate links please read our disclosure for more info.

What is Forex Trading?

If you have travelled abroad on holiday or a business trip you may have needed to buy some foreign currency to use at your destination. More than likely you will have used your home currency to buy currency for your destination country. Foreign Currency exchange or Forex trading as it is more commonly known is based on this buying and selling of currency pairs, the currency pair being the two currencies that you wish to exchange. Through the buying and selling of currencies at opportune moments it is possible to make a profit. Fundamentally Forex trading is quite easy to understand but that does not mean it’s easy to do profitably.

If you want to start Forex trading the first step would be to find a reputable broker. This article lists the top 25 Forex brokers in the UK ranked by their trust score.

Is Forex Trading Hard?

The majority of Forex traders are not making a profit and this is because of a number of reasons including; a lack of understanding of the complexities of international currency markets, a reluctance to exit a bad trade in the hope that it turns around, poor risk assessment and management, allowing greed to take over and emotionally driven trading. If you are to avoid becoming another failed Forex trader, I recommend the following steps:

*Start trading with a practice account before using any real money.

*Keep a record of all yout trades as you build up your experience.

*Understand the importance of setting up stop loss orders and apply them to your trading procedures.

*When you start, pick currency pairs that are familiar to you.

Create a daily routine that is conducive to good trading practices, sleep, exercise and nutritious food are likely to lead to better trading decisions.

In answer to the question in this post’s title, Forex trading is not hard to do but it is hard to do well. Beware of ‘Fake Gurus’ oversimplifying Forex or offering you a foolproof trading system because it is likely that they are only being successful by selling their ‘system’ rather actual trading success in currency markets.

Next Steps

Are you interested in Trading Forex ? Have you started already? Let me know in the comments section below. Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

What is Ethical Investing?

How to get Brand Deals as a Micro Influencer

Are you Missing out on Compound Interest?

Making Sense of Affiliate Marketing Course – Review

Respondent.io Review

Top 3 High Paying Affiliate Programs

What to do if you are Made Redundant: 5 Steps

Credit Cards: How to Make Balance Transfers Work For You

What’s the Best Strategy for Clearing Debts?

Investments: Why Saving is Not Enough

Best regards,

Mike

Image credit: pexels.com

How to get Started with Index Fund Investing

This post may contain affiliate links please read our disclosure for more info.

Regular readers of this website will remember this post that I wrote, Investments: Why Saving is not Enough . You cannot simply save your way to financial freedom, if you are to be successful and achieve your financial goals, you will need to grow your finances exponentially. In today’s post I want to return to investment as a topic and discuss one particular type of investment namely Index Fund Investing.

What is an Index Fund?

An index fund is a type of mutual fund or exchange-traded fund (ETF) with a portfolio constructed to match or track the components of a financial market index, such as the Standard & Poor’s 500 Index (S&P 500) in the United States or the FTSE 100 in the United Kingdom.

What are the Benefits of Index Fund Investing?

Lower Risk

If you were to invest directly in a company via stocks or shares your level of risk is quite high. The company’s fortunes could change for the worse and your investment could literally be worth nothing through no fault of your own. An index fund lowers your risk considerably by investing your money in the top performing companies in a particular financial market. If one company underperforms, they will drop out of the index and be replaced by another. Your investment is likely to benefit from the good performance of the best companies within the index.

Low Operating Costs

Compared to other investment vehicles, Index Funds have relatively low operating costs that manifest themselves in terms of fees for individual investors.

Investment Performance

The primary investment objective for an index fund is to match the risk and return of the market. When investing for the long term, the market will usually outperform any one single investment. This is why index fund investing is an excellent approach for retirement accounts.

How to Get Started with Index Funds

You can invest in an Index Fund via a brokerage account or directly via a mutual fund company. If you are relatively new to investing, a visit to an independent financial adviser would be a sensible first step.

To review some of the best performing index funds click here and remember that past performance is no guarantee of future performance.

Next Steps

Are you interested in index fund investing ? Have you invested in one already? Let me know in the comments section below. Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

What is Ethical Investing?

How to get Brand Deals as a Micro Influencer

Are you Missing out on Compound Interest?

Making Sense of Affiliate Marketing Course – Review

Respondent.io Review

Top 3 High Paying Affiliate Programs

What to do if you are Made Redundant: 5 Steps

Credit Cards: How to Make Balance Transfers Work For You

What’s the Best Strategy for Clearing Debts?

Investments: Why Saving is Not Enough

Best regards,

Mike

Image credit: pexels.com

How to get Brand Deals as a Micro Influencer

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Influencers

In recent years, the widespread adoption of Social Media has led to the emergence of individuals who have amassed large followings on Social Media. People with large followings on Instagram, Twitter, LinkedIn, YouTube, Facebook, TikTok or a combination of all of these, are known as Influencers.

Kylie Jenner and Cristiano Ronaldo are both great examples of influencers. Every week, Influencers are approached by brands who are willing to pay them to endorse their products or services.

Micro Influencers

Micro influencers are similar to influencers except they have a smaller following, this makes them more accessible to their followers. Recognised as experts in their field, Micro influencers enjoy the support of a engaged community who choose to follow them because they appreciate their authority and expertise.

I have been described as a micro influencer and have received new financial opportunities as a result. Generally, it is harder for micro influencers to secure brand deals but the website that I discuss in the video makes it easier for brands to connect with micro influencers and for micro influencers to earn additional income. Is this something you have considered? You may be micro influencer too, have a look at the diagram below.

Image credit – socialbluebook.com

In the video, I discuss a website that has commercial opportunities for micro influencers. There are opportunities for you to secure brand deals and complete tasks for payment via the website. When you have completed the task, the brand or company will pay you via the website. I explain the whole process in the video.

Next Steps

Are you a micro influencer? Are you going to explore new opportunities as a micro influencer? Let me know in the comments section below. .

Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Are you Missing out on Compound Interest?

How to Make Money Selling Your Hair

How to get paid Referring Friends for Jobs

Making Sense of Affiliate Marketing Course – Review

Respondent.io Review

How to Monetize Twitter with Affiliate Marketing

Top 3 High Paying Affiliate Programs

What to do if you are Made Redundant: 5 Steps

Credit Cards: How to Make Balance Transfers Work For You

What’s the Best Strategy for Clearing Debts?

Investments: Why Saving is Not Enough

Best regards,

Mike

How to Make Money From Sponsored Posts

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Next Steps

Are you a website owner? Are you currently making money from sponsored posts? Do you need my help? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Are you Missing out on Compound Interest?

How to Make Money Selling Your Hair

How to get paid Referring Friends for Jobs

Making Sense of Affiliate Marketing Course – Review

Respondent.io Review

How to Monetize Twitter with Affiliate Marketing

Top 3 High Paying Affiliate Programs

What to do if you are Made Redundant: 5 Steps

Credit Cards: How to Make Balance Transfers Work For You

What’s the Best Strategy for Clearing Debts?

Investments: Why Saving is Not Enough

Best regards,

Mike

How to get Paid Referring Friends for Jobs

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Extra Cash

Most of us would appreciate the chance to earn some extra cash but from my anecdotal research I know that few people seriously consider the opportunity to make extra cash by referring their friends for relevant jobs.

It’s not just a pipe dream, it can be your reality too. In this video, I discuss 2 websites that will enable you to do just that; you do not have to be a recruitment consultant to connect your friends with jobs to help them continue or improve their career. The websites I discuss are just examples, there are many more offering similar incentives for helping companies to find the right staff. If you live outside of the countries I discuss in the video, do not lose heart because there are likely to be similar offers in your country too.

Referring Friends

In the video, the first website I discuss relates to the American employment market and then the second is relevant for the United Kingdom employment market.

Referring friends for relevant jobs can be a fairly lucrative activity because ultimately you will receive an amount equivalent to a percentage of the new employee’s salary without having to do a lot of work. It can be an excellent way of generating extra cash.

How Does it Work?

In the video, I discuss specific websites that will enable you to earn extra cash by referring your friends for jobs. Usually your friend will have to be successful with their job application and to keep the job beyond the probation period for you to receive your money.

Next Steps

Make a list of friends who are looking for work and arrange a time for you to discuss with them the possibility of you referring them for a job. When you have, let me know in the comments section below.

If you have enjoyed this post you will also like the following posts:

Making Sense of Affiliate Marketing Course – Review

Respondent.io Review

Coinbase Earn: Earn Free Cryptocurrency

How to Monetize Twitter with Affiliate Marketing

Top 3 High Paying Affiliate Programs

What to do if you are Made Redundant: 5 Steps

How to Control Your Cashflow With a Bill Payment Schedule

Credit Cards: How to Make Balance Transfers Work For You

What’s the Best Strategy for Clearing Debts?

Investments: Why Saving is Not Enough

Best regards,

Mike

How to Transition From Active to Passive Income

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Active Income

Active income is the traditional way of earning money when you have a job; an individual trades their time for an hourly rate and is paid wages or a salary. This model applies whether they are working in a restaurant, shop or an office. Active income requires you as the employee to be in a specific place at agreed times and to follow a predictable routine. The primary benefit is that you will receive income that you can predict and that you can plan your expenditure precisely. The major disadvantage is that you are limited by the amount of hours a day and the fact that the more work you do, the more tired you will become.

Passive Income

Passive income is income that you can generate once you have completed all the initial work for a project and then set up the processes to create recurring passive income. A good example of this is provided by the music industry, an artist writes, records and produces an album and then when it is released, they will receive passive income from its sales.

From Active to Passive

In the video, I discuss specific ways that you can transition from an active to a passive income model. It is not easy, you will have to do the work but once you have done it, you’ll be much closer to our shared goal of financial freedom.

Next Steps

Would you like to earn more from passive income? Have you already started? Let me know in the comments section below. Also, get in touch if you would like my help, my email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Making Sense of Affiliate Marketing Course – Review

Respondent.io Review

Coinbase Earn: Earn Free Cryptocurrency

How to Monetize Twitter with Affiliate Marketing

Top 3 High Paying Affiliate Programs

What to do if you are Made Redundant: 5 Steps

How to Control Your Cashflow With a Bill Payment Schedule

Credit Cards: How to Make Balance Transfers Work For You

What’s the Best Strategy for Clearing Debts?

Investments: Why Saving is Not Enough

Best regards,

Mike

Why Choose a Gold IRA?

This post may contain affiliate links please read our disclosure for more info.

Image credit: abc.net.au

An individual Retirement Account (IRA) is a particular type of savings account that helps people prepare for retirement in the United States. There are tax advantages to saving in an IRA account. In the United Kingdom, the equivalent savings account is called a Personal Pension. A 401K is a company backed retirement plan (Workplace Pension in the UK), whereas IRAs are started by an individual.

IRAs can be subdivided into Roth IRAs and Traditional IRAs. With Roth IRAs, there is no tax deduction for contributions but when your investment earnings are distributed in retirement this is done tax and penalty free. Traditional IRAs by contrast, do offer deductions for contributions but when your funds are distributed at retirement taxes on investment earnings have to be paid.

IRA funds can be invested in individual stocks, bonds and cash. There are also many mutual funds that you could choose from. Either on your own or after receiving advice decide on an asset allocation that you are happy with for your IRA.

What is a Gold IRA?

Gold IRAs were created by the Taxpayer Relief Act of 1997. A Gold IRA account is a way to diversify your retirement investments further. A Gold IRA gives the investor the chance to own physical Gold, Silver, Platinum or Palladium.

To invest in a Gold IRA, you will need to set up a self-directed individual retirement account (SDIRA), this is an IRA in which the investor is in charge of making all the investment decisions.

What are the Benefits of Gold IRAs?

Pros

Investors have created Gold IRAs because they perceive them to be a counterbalance to what is happening with their more traditional investments. If paper based assets such as stocks are trending downwards, Gold tends to move in the opposite direction. Adding a Gold IRA will diversify your retirement investments. Since the financial Crisis of 2008 Gold IRAs have increased in popularity because of this investors’ desire of investors to spread risk with their retirement investments.

You can potentially benefit from increases in the price of Gold, of course this cannot be guaranteed. Between 2000 and 2012 the price of Gold increased for 12 consecutive years. While stocks can literally become worthless, the price of Gold will never be worth zero.

Remember, it is possible and advisable for an individual to have more than one IRA. You could hold one mutual fund IRA and a Gold IRA, for example.

Cons

Setting up a Gold IRA is quite a complicated process. First of all, you need to find an approved custodian (Broker) for the IRA and an approved Depository, where the Gold will be stored. Then you buy the Gold and have it transferred to the Depository.

Historically, some Gold IRA companies have not are not completely transparent about their fees and investors have experienced surprises after they have invested. Before you create a Gold IRA or rollover an existing IRA into a Gold IRA ensure that your custodian has confirmed all costs and fees.

If you are thinking about setting up a Gold IRA, Regal Assets is one company that you should consider. Click here for a free Gold IRA guide.

Do you have a Gold IRA already? How do you think your investment is performing? Let me know in the comments section below.

If you have enjoyed this post you will also like the following posts:

What are the Best Savings Accounts for Children?

How to Teach Your Children About Money

How to get Value for Money When Buying Foreign Currency

Save up to £500 Per Year With a Sim Only Mobile Phone Deal

How Much Should You Save?

10 Ways to Make Money Now

What’s the Best Strategy for Clearing Debts?

What are the Different Types of Savings Accounts?

Best regards,

Mike

Follow me on Pinterest

The owners of this website may be paid to recommend Regal Assets. The content on this website, including any positive reviews of Regal Assets and other reviews, may not be neutral or independent.