How to Improve Your Financial Situation in 2017

Do you want to improve your financial situation this year?

I know many people make new year resolutions that this will be the year. But too many don’t.

New year resolutions

New year resolutions are fine. Because you recognize something must change! Let’s turn those resolutions into goals. Our goals are:

  1. Own what we drive.
  2. Get out of debt (and stay out of debt).
  3. Save $1,100 on our monthly family spending
  4. Own where we live.

Goals are fine and dandy. But…

Where do we start?

Honestly, I have never been a home budget kind of person. That’s just me. But other people live by their household budget.

I pay myself first. Savings and investments. “Saving for a rainy day.”

So the first thing that you should do is figure out where and how much money you are spending.

Track your spending!

Before you can fix your situation, you need to know where you are.

So sit down and list your money coming in and going out. Track the last three months. Tracking the last six months is even better.

The aim is to determine your cash flow. What’s flowing in and what’s flowing out.

Your cash flow will tell you much about your life situation. Your life situation is food, shelter, clothing, family responsibilities and bills you must pay!

How do you compare to the average American family?

According to the financial advisors at Motley Fool, the average American household owes $90,336.

The top American consumer debt is:

  1. Residential mortgage debt
  2. Revolving consumer credit card debt
  3. Student loan debt
  4. Tax debt owed to the IRS
  5. Auto loan debt
  6. Farm loans
  7. Small business loans
  8. Payday advances

(Source: Motley Fool)

Now that you have a picture of what you spend, let’s move onto the goals.

Improve Your Financial Situation

Before I tell you exactly how we cut $1,100 a month from our family budget, I need to ask you an important question. This is the tax accountant in me.

If you could choose between making $1,100 more a month or cutting $1,100 a month, which one would you choose?

Most people go for the extra earnings. But that is the wrong choice.

Why is that the wrong choice?

For every dollar more you make, you get to keep maybe seventy cents after taxes and such, if you’re lucky. But for every dollar you save, it’s just like earning a whole dollar more.

Think about that for a second.

This means if you managed to cut spending by $1,100 a month, it’s just like earning $1,700 a month more in income!

That’s right!

Saving money is much more effective than making more money.

That is why there are so many “thrifty” millionaires! When I learned this a few years back, I decided to see where I could save and surprised at how easy it was.

7 Ways to Save $1,100 a Month

Here are the 7 ways we slashed more than $1,100 a month off of our family spending.

  1. I switched all my insurance (home, auto, life) to one carrier. (Total savings $50 a month.)
  2. I cut our cable TV service and went to WiFi and over-the-air. We now use a Roku with Hulu for on demand TV and we love it! (Total savings $100 a month.) I bought a Tivo Over-the-Air DVR from Best Buy for $50. So we can record and watch the broadcast channels when we want.
  3. I switched our cellphones from AT&T to Virgin Mobile. We now have pre-paid month-to-month service with unlimited voice, text, and data. (Total savings $120 a month.) Our cellphones are not the latest models! So we saved on the cost of the phones.
  4. I now order my vitamins, supplements, electronics, household items, etc. at Amazon and ebay. The costs are about 25% off retail. (Total savings $100 a month.)
  5. I decided to drive a late model vehicle instead of buying a new one every few years. This saves $500 a month on payments, interest and insurance. (Total savings $500 a month.)
  6. We raised the thermostat in the summer and lowered it in the winter. We save on the electric and gas bills for our two zone air conditioning and heating. (Total savings $180 a month.)
  7. I get my golf tee-times through my GolfNow app, for as much as 50% off regular prices. I also buy used golf balls and golf clubs instead of brand new ones on ebay. (Total savings $50 a month.)

Of course, there are so many other ways to reduce spending. For example entertainment and dining out can be expensive.

On the business side, there are ways to reduce spending.  I use deep discount coupon codes to buy premium WordPress plug-ins or tools for my websites. I try the many free trial offers to see if tools are useful or worth buying.

Here are a few of the plug-ins I use and recommend to help you get more traffic and income at your sites. Each page contains a review of the plug-in and coupon codes or free trial so you can get them at discount.

  • Jaaxy keyword research tool.
  • Commission Black Ops affiliate marketing strategy review and coupon code.
  • WordPress Affiliate Plug-in review and coupon.

Even if you take just a few of these steps it will help your budget. The more you save on a regular basis, the more you will have to save and invest.

And that can mean less time working and more time playing!

[Rest of the article is about starting a home business.]

And it gives you money to build a home business! After all, this website is about creating home businesses.

The following is important to remember.

Insufficient funding is among the leading causes of business failure according to the SBA. A lack of funding will hamper any company’s growth and stability.

Small Business Administration business failure rates

I say this because one of the main reasons people start a home business is getting more money!

I have heard people say they want to start a home business that makes money now. They are living paycheck to paycheck.

So this “make money now” mindset is self defeating. Unfortunately, so many unscrupulous scammers take advantage of this mindset. They promote get-rich-quick schemes.

Starting a Home Business

There are many different reasons to start a home business. This article is about your life situation. This is about you providing food, shelter, and the basics for your family.

I am not talking about the other motivation factors. I’m not talking about discipline, talent, intelligence, patience, or even persistence.

Creating a successful home business takes planning and budgeting. The business failure rate is the highest in the first year according to the Small Business Administration.

So how much time and money are you going to commit to build a home business. In other words, what is your exit strategy for failure, or even success?

Consider these factors:

1. Businesses fail because there is not enough capital or money to fund the business. Estimate your start-up costs. And look for low-cost entry points.

2. Businesses fail because they spend too much up front. They use credit and then can’t make the payments.

3. Businesses fail because they cannot sustain their business model. They have to be in business long enough to build an adequate customer base. Most businesses create success over time. You can see this in the SBA chart above. This is especially true if you are starting with little or no money.


I have been building my online business since 1996. If the Wealthy Affiliate training had been available at the time, it would have been much easier.

Over the years, I learned about website design and building, Search Engine Optimization, and more from a variety of sources. Also, I used other sources for website hosting and domain name purchases.

Wealthy Affiliate provides everything necessary to build a successful online business. WA provides training, hosting, community support, and more under one roof.

Wealthy Affiliate is a one-stop shop to help you create a successful online business. All for an affordable price.

This gives us the opportunity to achieve success for the long term. But it will take work and effort to succeed.

We have the tools, training, and knowledge to build a positive cash flow month after month. No more worrying about the next paycheck.


Hopefully, you have enough “food for thought” to improve your financial condition this year. To read more, I recommend Matt Becker’s Mom and Dad Money. While Matt’s website is aimed at new parents helping them find financial balance, he has good information for everyone.

Adjust your spending on life necessities so that you develop a positive cash flow. Use your extra cash to save and invest. To create a better future for you and your family, investigate having your own business.

Start by taking a free trial in Wealthy Affiliate. See if it fits into your plans for a better future. I promise you won’t be disappointed with what Wealthy Affiliate offers. 800,000+ members all can be wrong.

Why Affiliate Marketing?

Why Affiliate Marketing

OK, so you want to make money online. Whether it is to make more money for retirement or replace a job, there are many ways to do it.

You could get into e-commerce and drop shipping. You could start informational product creation. Maybe you have thought about local marketing consulting, site building, SEO and well… I could go on and on.

And while all those choices can work, this wide array of options overwhelms so many people. And end up taking no action at all!

That’s when I usually tell people to keep it simple. Avoid the paralysis of over analysis. Try a no-cost/low cost method that I consider one of the easiest ways to make money online…

Affiliate Marketing

Affiliate marketing is good fit for both newbies and established marketers. Here are five reasons why…

1. Zero to low start up cost

If you are on a limited budget or not, affiliate marketing is usually a low-cost strategy.

The investment you’ll be making will be mostly  your effort, not money. Some people will want to jump start their business. They could spend money on websites, hosting, and some advertising. But it’s not necessary to get started.

When you are just getting started , you will see so many different business models.  You may not be sure which one to pick or even enjoy (or profit) some of them.

When you find a strategy that’s no or low cost like affiliate marketing, your financial risk is lower. Some business models need a huge investment up front.  And if it fails, then not only are you wasting time, you’re out hundreds (or even thousands) of dollars.

Another great benefit is you can be successful using free resources as you can using a paid ones.

So lets look at the minimal requirements…

It’s always best if you can go with your own domain. You can find great deals on domains. For example, you can search on Google for a coupon code at a domain registrar like GoDaddy.

Just enter a search term like “Godaddy coupon” and then the month and year that you’re searching. Sometimes this can knock a domain’s price down from over $10 to just a dollar or two!

And hosting does not cost much at all. Hostgator often has great deals. You can get a plan that costs under $10 a month. And if you’re worried about building a website, don’t be.

There are people on fiverr why will do complete blog installations for $5. Or, find the instructions on how to install WordPress free online and do it yourself.

Once you have completed the blog installation, you can start creating content. All you have to do is log in with a username and password and start publishing content as an affiliate marketer.

You don’t even need sales experience to become a great affiliate. Your job is recommending solutions and then let the vendors’ websites do the selling!

2. Affiliate marketing is easy for newbies to master

A big benefit of affiliate marketing is ease of use.  So many people find it intimidating to create their own products. There are so many production factors to consider.  Factors include finding quality materials and having technical skills to manufacture products.

But as an affiliate, you will need to learn some basic marketing skills such as:

Blogging – Blogging is simple when you’re on a free platform. You’re going to pick a name and URL for your blog and start publishing posts. Just learn what people want for blogging such as what is popular or trending. People also want to see personality. They want you to share insight, opinions and advice with them. Blogs are a great place to review products and share your results. Reviews are popular as they rank well in search engines.

Social Marketing – Social marketing is all about networking and sharing. Use your Twitter, Facebook, and Pinterest social media sites to share your blog posts.  Include links to good products that you think will help your audience.

Video Reviews – If you like video, then you will want to start using YouTube and embed those into your blog. Create videos talking about the problems and recommended solutions. Provide links to affiliate products you sell.

3. No hassle of product creation to worry about

Creating a product can be daunting to newer marketers.

  • You must learn all sorts of things such as:
  • niche research
  • product creation through multi media platforms
  • how to launch a website
  • create high converting sales copy, and more.

Plus, there are production costs involved. Costs such as graphics, product launches, and delivery of your product.

With affiliate marketing, you’re not burdened by these costs or the inconveniences.

The affiliate marketer identifies a problem people have and introduces a recommended solution. This means going go into a niche hoping to bring together buyers and sellers. You’re the liaison between the two.

This can be as rewarding as being the product creator. For example, let’s look at how this would work for an affiliate marketer:

Let’s say you pick the acne niche.

Your job as a product creator would be to provide a solution that helps people cure or treat their acne.

As an affiliate, you would find people suffering from acne and send them to the sellers for the solution.  The key to becoming a super affiliate is to finding enough people with problems.

Many successful marketers build subscriber lists that believe and trust to provide good advice.  The affiliate marketer becomes their “go-to person” whenever they need advice.

Someone they can trust.

You’re not providing the advice – you can if you want – but you’re just saying, “Oh you need help with acne scars? I know a good product for that – here’s the link.”

Of course, building a stronger rapport with your readers will increase conversions.

If you take the time to review products and share your results, that will help you convert even better.

When it comes to product creation, you’re limited on time and the creation process. It might take you months to take a product from conception to completion.

But as an affiliate marketer, you can begin promoting products or services immediately. There are sources for hundreds and thousands of products for your readers.

You’ll profit from them all, not just one income stream. Plus, you can have recurring sales. Once you have a followeing, you may be the first person to recommend new solutions.  New products enter into the marketplace all the time.

4. Affiliate marketing allows you to test many products for profitability


Diversity is one of the best perks for pursuing affiliate marketing. You get to try dozens or even hundreds of niche markets to see what works best.

You get to determine:

  • Whether it’s easy to compete in that niche.
  • How much you can earn.
  • Whether you find it satisfying.

All three of those are important factors for your online success as an affiliate. Some niches will be harder to break into than others. So as an affiliate, you can test the waters. Determine how easy it is to dominate before you creating a domain and pour your heart and soul into it.

Potential earnings should be of concern to you. If it is hard to convert visitors into buyers, then it may be better to change. You may prefer to go with another target audience and product solution.

Personal satisfaction is what this career path is all about! Online marketing in general is about being your own boss. And not having to pursue tasks and topics that don’t fulfill you.

As an affiliate marketer, you can dabble in many or as few niches all at once. It is about getting a feel for what satisfies you.

You’re going to hear a lot of advice about keyword volume and competition. But it’s important to pay attention to which niches make you feel like getting up out of bed early. The things that create a passion within you.

5. Your Customer Service Is Non Existent

Handling emails and requests from customers is one of the most time consuming tasks. Whether online or not.

Customers may have product or download issues, need product help, or want other help.

As an affiliate, none of these are your problem. It all rests on the shoulders of the product creator. It’s their job to handle after sale issues. So you can continue working on what matters most, converting new customers.

In closing….

Affiliate marketing is right for just about everybody. Even product creators use affiliate marketing. Because an affiliate marketing strategy complements the product development branch of their business.

It’s time you add a serious affiliate marketing plan to your online business tool bag.

Read about my #1 recommendation for creating a successful online business

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Want To Make 2017 Your Breakthrough Year?

Make 2017 your break though year!

As always, this is the time of year I start preparing my tax returns. Also, I look at performance for the year. So I can plan for the new year. I want to know what worked and where I can make improvements.

I was fortunate enough to receive a 2017 Resolutions package from Jim Daniels. If you don’t know who he is, let me tell you. First of all, he is a normal guy who has worked from home the last 20 years. He is an entrepreneur, author, and USAF veteran making six figures a year. Entrepreneur Magazine and Opportunities Magazine have featured him in these issues.


Click Here to read this article

Click Here to print this article

Jim was kind enough to give me permission to reprint is article, “How to Make 2017 Your Breakthough Year (Free Download).”

How To Make 2017 Your Breakthrough Year (Free Download)

Did you reach any new milestones in your business in 2016?

Did you at least take a few steps toward a financial goal?

With 2017 upon us, I want to help as many people as possible, reach new milestones this year. So to start the year off right, I’m giving away my new 2017 Resolution and Planner package for free.

Keep reading for your download link (no opt-in required.)

Before you download the package though, I have a quick question….

Have you thought about what your business goals are going to be for the upcoming year? If not, right now is the time to do so.

A great way to set business goals is to take a few minutes and simply envision where you want to be in a year. Think about things like financial goals or the number of clients you want to be serving on a regular basis. Then work out a way to achieve this.

GoalsYou may need to create new products or services to generate those additional clients. For example, you could offer something new in your business such as a coaching module. Maybe you could add local marketing services to reach new clients.

Plan out the exact steps you will need to take each month to increase your bottom line and then take action on those steps.

Not taking action is one of the biggest reasons why many business goals fail. While it is very easy to set lofty goals, attaining them is a different ball game altogether. This is where freeing up some of your time comes into play.

If you find that you are a slave to your business you might want to seriously consider outsourcing some aspects.

What are the things you enjoy doing in your business and what are those things that you don’t enjoy? Are you not enjoying them because the tasks are challenging or because they are tedious?

Both of these are great reasons to outsource work. Why bother taking hours and hours to work on something that is difficult or boring to you? Could you use this time to be more productive?

Let’s look at an example. Maybe you aren’t great with graphics and you consistently require ebook covers or banners made. Why not outsource this job to someone at fiverr and use the time to be more productive.

Go through all the things you do in your business each day and see if there are some items that could be automated. Do you post to Facebook, Twitter, Google+ and Pinterest regularly? This can be time consuming, why not look into ways that this could be automated. You can then work on this task once a month or once a week and schedule all of your posts. Or you could simple hire a social media manager at fiverr to elsewhere.

By implementing small changes such as these you can free up a lot of time. Then you can use this free time wisely to increase your profits.

Make time to do a little brainstorming for your business. Annual, and even monthly planning and goal setting is important for any business owner, especially online where there are countless distractions.

So with the new year at hand, I have a nice New Years Resolution package I’d like to share with you. I’ve sold hundreds of copies and my customers loved it. This year I decided to update it and give it away for free.

It’s called “Resolution 2017” and it contains 2 main components…

1. A powerful eBook about New Year’s resolutions that uncovers a new way of looking at the changes you intend to make in your life

2. A detailed planning system that you can use to map out your major objectives for the year and begin tracking your progress monthly, weekly and even daily to ensure long term success.

Here’s what you will discover in this package…

–  What a resolution really means and why you may have missed this point in the past
–  Common pitfalls that cause most people to abandon their resolutions
–  Recent trends in New Year’s resolutions and how they may be impacting you
–  The difference between a goal and a resolution
–  How to turn your resolutions into tangible goals
–  How to determine the best strategies for reaching your goals
–  How to pick and set your larger life-based goals that determine your course of action
–  How to use accountability to guarantee your results
–  18 critical components all successful achievers implement into their resolution planning
–  How to use the “My Success Map” system to plan out your overall Vision, Yearly Goals, Monthly Goals, Weekly  Goals and Daily Goals
–  and much MUCH more

This package will help you no matter what your goals are, whether you want to:

–  improve your financial situation
–  get in better physical shape
–  start your own business
–  get a promotion
–  spend more time with your family
–  finally take that dream vacation
–  quit smoking (or any other harmful habit)
–  become more confident
–  improve your social life

… or ANY other improvement for that matter!

OK, here’s the direct link to my download page.

Happy New Year!

I hope this package helps you reach new milestones in 2017 and beyond. And I look forward to helping you more in the new year.

To your success,
Jim Daniels

P.S. If one of your goals is to generate income form the web, make sure you have my ezWebBusiness Builder2 package. Inside I share the 10 ways I make money from the Internet, and show you how to do it yourself, step by step. (1500 other smart marketers have this insider information at their disposal, and you may be competing against them!)

[Reprinted with permission from Jim Daniels, BizWeb eGazette]

If you have any questions or comments, please fill in the form below. I would love to help.