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Saving Money

A friendly place to discuss tips on saving money, making money at home, and getting out of debt.

Tuesday, April 25, 2006

Update on Datapro (data entry from home)

Update...After doing some more research on Datapro and how the program works, its not the great deal I was led to believe. Basically, you sign up to become their affiliate and sell their product. They recommend you use Google Adwords to promote Datapro using keywords such as 'work from home', 'data entry jobs', etc. You place an ad using Adwords with a link back to their site and if someone buys it you'll get a commission.

While it is possible to make money from this deal, you will also have to spend more money on Google Adwords. Its not really a scam because you can make a lot of money if you do it right. But its not really the product I thought it was.

If you still want to check it out, you can see the details here...DataPro

Tuesday, April 11, 2006

A $218 Trillion Phone Bill!

Can you imagine sorting through your mail, opening up the monthly bill from the phone company and seeing charges for $218 trillion??

Well it happened to a Malaysian man who was ordered to pay the bill within 10 days or face prosecution. Obviously, Yahaya Wahab has no intention of ponying up the dough.

Full article

Friday, April 07, 2006

Baby Bargains

As a parent of two girls under the age of 2, I'm always looking to save some money on baby stuff. The article below offers ten tips to saving money, courtesy of Bankrate.com

Source Article

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Thursday, April 06, 2006

Is Your Pension Safe??

It seems that every day there is a story on the news about another large company defualting on pension contributions. The old defined-benefit pensions of the past are all but gone, and many retirees and workers will find out that they will not be getting everything they are entitled too.

President Bush asked Congress to craft a plan to help solve the problem and secure the future of America's retirees, but it appears Congress has dropped the ball and caved in to special interest groups.

The plans on the table are loaded with deals for lobbyists. Rather than being required to contribute more to pension funds to make up for the current $450 billion shortfall, corporate contributions would actually be reduced.

The government's Pension Benefit Guaranty Corp projects that the plans will only make the situation worse for the average American.

Tuesday, April 04, 2006

Are You Saving Enough For Retirement?

According to a new study by the Employee Benefit Research Institute, about 68 percent of Americans are confident they will be able to retire comfortably.

But is this confidence warranted? With American savings almost non-existent, rising heath-care costs, questions about Social Security, and pension plans going the way of the dinosaurs, many people could be in for a rude awakening.

The study is an interesting contrast between perception and reality and it also demonstrates the overall lack of financial literacy in the US.

More details can be read here...

Source Article