Jason Fried reveals how he got good at making money. I am not a full-fledged member of the Church of 37signals, but one of my favorite lessons from them is that a business needs to practice how to make money in order to get good at it...it's not something that you just turn on when monetizing mode strikes.
So here's a great way to practice making money: Buy and sell the same thing over and over on Craigslist or eBay. Seriously.
Go buy something on Craigslist or eBay. Find something that's a bit of a commodity, so you know there's always plenty of supply and demand. An iPod is a good test. Buy it, and then immediately resell it. Then buy it again. Each time, try selling it for more than you paid for it. See how far you can push it. See how much profit you can make off 10 transactions.
Start tweaking the headline. Then start fiddling with the product description. Vary the photographs. Take some pictures of the thing for sale; use other photos with other items, or people, in them. Shoot really high-quality shots, and also post crappy ones from your cell-phone camera. Try every variation you can think of.
Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on personal finance tips for recent college grads, haggling like a pro to get what you want, and tips to build your savings account.
Top 5
7 Most Important Personal Finance Tips for Recent College Grads — If you are a recent grad, don't forget to start building an emergency fund. [Money Crashers]
Haggle Like a Pro to Get What You Want — To haggle successfully, consider talking to someone higher up. [Savvy Sugar]
5 Tips to Build Your Savings Account — Build your savings account by setting up an auto transfer. [Not Made of Money]
Handling Your Finances - How to Create Wealth — Create wealth by cutting expenses in your budget. [Green Panda Treehouse]
7 Steps to Raise Your Credit Score — Raise your credit score by automizing paying your bills. [Moola Days]
Other Essential Reading
Dinners Your Kindergarten Cook Can Help Prepare — Get your kindergartener involved with dinner by making pizza! [Parenting Squad]
Health Insurance and Downgrading Your Job — If you are thinking about downgrading your job, be sure to plan ahead for your health care needs. [The Simple Dollar]
Ways to Use up Eggs — Do you have eggs in your fridge that are going to go bad soon? Separate the egg yolks and whites and freeze them to use in baking recipes later. [Ultimate Money Blog]
Keep Glass from Fogging Up with Shaving Cream — To get rid of fog on glass, use shaving cream to clean it off! [Lifehacker]
4 Reasons to Avoid Payday Loans — Stay away from payday loans. They could negatively affect your credit score. [Financial Highway]
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<b>News</b> FAIL - Epic Fail Funny Videos and Funny Pictures
epic fail photos - news fail. ... Fox News… not impressed… Reply � letitbito says: March 28, 2011 at 8:19 pm. like it. Reply. Jordan says: March 28, 2011 at 8:35 pm. Chuck Norris is scoring with your mother, you should be thankful. ...
The Truth About Twitter: It's The Evening <b>News</b>
Twitter is a media platform, not a social network.
Iranian Video Says Mahdi is 'Near' - World - CBN <b>News</b> - Christian <b>...</b>
New evidence has emerged that the Iranian government sees the current unrest in the Middle East as a signal that the Mahdi--or Islamic messiah--is about to appear.
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