Category Archives: general - Page 2

Credit Card Update

So I managed to bring my credit card debt down to an even $4,000.00 just this past weekend. Paid off $1,404.22 out of the $5,404.22  which brought my total to an even $4,000.00 :) I plan on paying off a little more as soon as I receive my refund from my federal return. My goal is to bring it down to $3,000.00 by next week. It would be nice if I could have it completely paid off before summer starts but I doubt that will happen, simply because I am only working part time and spent money on worthless junk. However, this will not stop me form trying to get it down as much as possible. Here is a general idea on how I plan on getting it down as much as possible. Some of the stupid/unnecessary things I spend on includes:

  1. Chinese food – This one is really stupid considering I have a meal plan on campus which is completely already paid for. I just need to throw out all my carry out menus from my room.
  2. Starbucks - Ah, how I love coffee. This one is going to be a little hard to stop but I am going to try to cut down little by little. I go about 5-7 times a week. I love their new Dulce de Leche Latte. Such temptation makes this one quite tricky.
  3. Random grocery shopping. Yes, I am truly a college student. I all I do is eat and study. Although I love the infamous Ramen Noodles, I tend to spend a little more on the hot pockets and frozen pizzas.
  4. Car gas. Gas price is no joke. Especially since my car only takes premium fuel.
  5. Pure junk. Stop carrying my cards and cash everywhere. Simple.

I think that if I am able to cut down on these 5 things I can save so much more. I’m going to set my target date for May 21st. Until then, I plan on keeping a record of how much I would of spent and instead saved.

I’m back and I’m still in debt

Wow that was a nice spring break. Boy did that week go by super fast. Speaking of which, this whole year is going by super fast. I can’t believe that it’s almost April! Where did this last 4 months go? Well anyways, I know I haven’t been posting for a while but I should be able to get back on track now that midterms are over and I have more time :)

Good news: Today I finally got my taxes done!  And boy was I disappointed(still good news).

So here’s the verdict. Last year I made about 25k with two jobs and paid a little over 5k in taxes.  Five thousand US dollars! I was thinking, “man…I’m gonna have a really nice refund this year, I can finally take my girlfriend out to a nice dinner”. I was wrong. It came down to me OWING the state 104 dollars and getting a refund of 600 dollars from federal. The bright side is I get something back, but I was expecting that something to be more like 2k or something. I mean I paid 5k so 2k sounds reasonable right? Overall, after subtracting the 100 bucks for the state balance, I’ll be getting about 500 or so. Better then nothing eh?

Bad news: I’m still in debt. And doesn’t looks like I’m gonna be debt free within the next month :(

With all the recent bills tackled onto my credit card, looks like I’m back where I was in February. My credit card is back up to a little over five thousand dollars again. Here’s the lineup for what’s been slowing me down:

  • Six months of auto insurance
  • Last 3 months of cell phone bills
  • Membership fees
  • Grocery/gas
  • Car maintenance

So all that has put me back up to a total of $5,404.22. I do have some incoming cash so I think I can knock it back down to about 3-4k. My goal is to get this whole thing paid off before summer starts. I would love to start my summer off being debt free.

I want to remind everyone that the last day to file your taxes are April 17th so if you haven’t done so get them done!

Moneywalks will take the rest of the week off

Sorry guys, but due to the amount of work I will have to put in this week for school I will not be able to post for the rest of the week.

But in the meantime, check out this cool article I found on msn money, America’s Top 50′s Salaires. A lot of interesting jobs on the list.

Quick saving tips to go

Although I enjoy reading a nice long article, I know sometimes I just want to get straight to the point.  So here I devised a quick “on the go” list for those who are trying to save on the daily basis about some daily stuff. Thinking to save is a good habit to get into so lets get to it.

  • Avoid ATM machines that charge fees. Those $2.00 fees will hit you like a ton of bricks when you do your end of the month net worth calculations.
  • Avoid eating out all the time. Learn to cook. I can cook ramen noodles and they save me tons of money.
  • Go cellular. I don’t even have a house phone, I just use my cell phone for everything. It’s more simple that way and saves me money.
  • Write letters or use e-mails instead of calling long distance. On second though, scratch out the letter, 37 cents can go a long way. Just write emails.
  • Resist peer pressure. If you have friends who like to go out to the movies or anywhere else, learn to say NO if you can’t afford it.
  • Learn to reduce your heating and cooling costs. Make your home more energy-efficient.
  • Try to buy things on sale. Don’t buy until you look around other stores and you’ve compared prices.
  • Use coupons, cut expenses. They’re everywhere, you just have to look.
  • Keep track of your spending. The more you know where you stand with your finances, the better your off.

If you have a tip or two you want to share, don’t hesitate to leave a comment. I would love to hear from ya.

6 suprising 6 figure jobs

Do you want to make six figures? Ofcourse you do! There’s a list of 10 actually on Forbes.com but I figured since we’re dealing with six figure jobs that I pick six out of the ten. While a nice degree in business would help, I found some pretty neat jobs here that doesn’t even require one. Check em out.courtrepoter.jpg

  1. Court Reporter. If you’re able to type 200+ words a minute, then this may be your job.
  2. Mine manager. This profession has a median salary of 106,000 bucks a year and is said that a college miners.jpgdegree is not always required. Okay, Claustrophobia aside, if you got the project management skills you could be making six figures!salesperson.jpg
  3. Sales person. This job is actually considered as one of the easiest high paying jobs out there, and I don’t know why. But if you got the communcation skills and can handle rejections, you’ll make big bucks.truckdriver.jpg
  4. Truck drivers. This is definitely my favorite one. I never knew that they made so much. Looks like this profession requires you to be out on the road for weeks at a time, but hey this job can pull in 100,000+ and that’s not including benefits.johnchow.jpg
  5. Tech writers. For those of you that are able to write about tech relating issues with the ability to write them in a way to make the majority understand, then you could be making big bucks. Just like john chows techcrunch eh?principle.jpg
  6. Elementary principles. The national median salary for this job is actually 76,000 a year but if you live in those higher income areas, then you’re good to go.

Now here I am in school, studying computer science to become a software engineer. What was I thinking, I should just drop out of school right now so that I could become a truck driver and be making 100k, right? WRONG! Well, salaries aside, I think that people take the income part too seriously. You have to keep in mind that money can’t buy everything and that it’s really over rated. If I could chose between a high paying job that’s gonna make me miserable or a job that I enjoy that’s gonna hit me for about 50-55k a year, I’ll take my comp sci degree anyday. I’m gonna be working for at least the next 20 years of my life so I expect to enjoy it. Now don’t get me wrong, I would love to make 6 figures. And eventually I expect to, all I’m saying is I wouldn’t trade it for something that I woultn’t enjoy doing.

How to increase your Google PageRank

linkstruct2.gifSo what’s this big fuss about page rank? Well page rank is what Google uses to differentiate each site between what’s considered an important site and what’s not. Google combines PageRank with sophisticated text-matching techniques to find pages that are both important and relevant to your search. Google goes far beyond the number of times a term appears on a page and examines all aspects of the page’s content (and the content of the pages linking to it) to determine if it’s a good match for your query.

Here are 5 steps on how to increase your page rank.

  1. Join forums, forums are a great way to achieve links to your website. In most forums you are allowed to have a signature and in your signature you can put a link to your website. But another important note to look on is making sure the forum is somewhat related to your website. You will still get credit if it’s not, but if it’s related to your website than you will be accomplishing two tasks at once.You will be advertising for your website (bringing in targeted traffic) You will also be building your websites presence.Your websites presence is very important to your survival. The more people see, or hear about your website the more credibility you will have and this increases your chances of having these visitors come back and possibly become leads.
  2. Submit to search engine directories. Search engine directories are a good way to get a free link to your website. They also increase your chances at being listed higher on popular search engines like Google, and overture. Most search engine directories allow you to submit to their website for free. This will allow you to increase your web presence by being listed on another search engine, and it will also be a free link.Remember the more links you have the higher your PR will be.
  3. Using ezine ads (or newsletters). Creating an ezine will probably be the most beneficial step you can take to increasing your web presence. When you create an ezine you will be able to keep visitors coming back to your website for more by using signatures and giving special deals. Ezine’s will also allow you to increase your back links. By creating an ezine you can submit your information about your ezine to an ezine directory. This directory will than link to your website (thus giving you a free link).
  4. Creating and publishing articles. Articles are an easy source of generating new traffic. You can include your signature in your article. This will bring in more traffic from article submission directories. Your signature usually consists of 4 to 8 lines. Usually the first line would be the title of the website that you are trying to advertise. The last line would be the link to the website and the lines in between these would be a sales pitch to draw your viewers into your website.
  5. Links from related websites. Gaining links from related websites can be one of the most frustrating tasks you can attempt. They are very easy to find, but can be somewhat difficult to obtain links from.To find related websites, all you have to do is go to a search engine… say Google… and type in your subject. Maybe your website is based on ford mustangs

Google Page rank is basically based on back links. Back links are Links pointing to your website from another website. In general the more back links you have the higher your PageRank will be. This list was gathered from openPr.com.

A night in Atlantic City

This past week, I went on a road trip up to New York from Maryland with some friends and I had a great time. There were many things that we got to see along the way but I want to talk about my stop at Atlantic city. This was my first time in AC and I was excited.

When we got there, my first experience was Texas Holdem at the Taj Mahal. This was great. I had a great time just sitting chan.jpgthere with all the other card players. Just the idea of playing at the Taj was exciting for me, let alone winning 300 dollars from these tables. As stupid as it might sounds, there was a point where I was looking around for people who were famous. I mean, it would be pretty sweet if I could say to my friends, I saw Johnny Chan at the Taj!

Actually, my first night, I lost $260.00. It was the next day when I decided to play again when I won 560. So I was up 300.00 playing Hold em. Then shortly after I took at shot at the roulette. This was pretty nerve recking because I was sitting next to a guy who was putting down 500+ each bet and here I am putting down my 20 dollar bets. But in the end, I was up 160 from the roulette tables. After a while, I got a feeling of the game and I think I would have won more, but my friends were nagging me to leave so that we could continue with our trip.

Here are the round ups for my stay in AC:

  • cards:     +300.00
  • slots:      -10.00
  • roulette:  +160.00

So overall I was up about +450.00 from my night at AC. This should help me out at the end of the month when I do my monthly Net Worth. I can’t wait to got back to AC.

5 Things You Don’t Know About Me

Man, I’ve been really stomped with all my Finals and I’m finding it really hard to keep up with my site. But I was tagged by Binary dollar on Sunday to reveal 5 things you probably don’t know about me, along with JD at Get Rich Slowly, John Chow at JohnChow.com, JLP from AllFinancialMatters and the girl from ViolentAcres, so here they are.

5 Things you probably don’t know about me:

  1. Ran two Marathons back in high school in Honolulu, Hawaii.
  2. I play the guitar and currently learning to play the piano
  3. Have a sister I’ve never met before
  4. I got to shoot around with Magic Johnson at a public basketball court.
  5. I have competed in the two All State Martial Arts Competition in Arizona and Hawaii.

I am now tagging FireFinance, super saver at MyWealthBuilder, Tricia at blogging away debt and Amdollar from American Dollar.