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To LLC or Not to LLC

Well friends, I once again am stuck at work. Yesterday a very exciting thing happened. Someone tried to hand me money. Fifty dollars to mow her lawn. It would have taken an hour. I had the time. I did not actually have insurance coverage, so I suppose that opened me up to any liability in a bad way. Not that insurance is trustworthy. I'm sure if I filed a claim they would do everything in their power to pretend I hadn't paid them for insurance and that any claim I made was null and void. Those people are awful.  But, the sheer excitement of the situation was one of the best things to happen to me in a very long time! Money in an outstretched hand is such an incredible feeling. I used to work for myself. I had forgotten just how different it is for that phone to ring when it's potentially someone offering you money. With the work that I do now, there's really no benefit to answering the phone, other than avoiding an early termination. I love how alive working for yoursel...
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Making Money by Losing Weight

Friends, I have intended for a while now to talk about quite a lot of side hustles. I've just started one and I'm out of time and too excited to blabber on with introductions. Let's get into it. I signed up for HealthyWage! This is the ultimate savings program. Do you already know about it? Real simple: Start off by being overweight. That's me! What a cakewalk of a first qualification. I was overweight before I got an office job. Now I'm quite the fat slob. Next, go to HealthyWage (website or app) and play with the calculator to see what you could potentially win if you were to lose a certain amount of weight by a certain date. After I played with the calculator, I decided to keep it simple and bet $34 every month for six months that by the end of that half year I'd have lost 40 pounds. That's no easy feat, mind you, and they absolutely know it. That's why, after contributing a total of $204, they're going to pay me $296 (the $204 back plus $92 profi...
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What if You Just Don't Pay

  But, just in case I can't afford it... Here's another thought entirely. Perhaps I just stop paying my credit card bills entirely. What are they gonna do, arrest me? I think the real consequences are within about six months they could sue me (around 180 days is generally the charge-off point; they can actually sue whenever), if they think I'm worth pursuing a judgment against. Then my wages can be garnished and my savings can be seized. One thing they might have to fight harder to seize, however, is revenue earned by a business and kept in a business checking account. I can't withdraw the money to eat, but at least that money is saved somewhere maybe a little safer for a bit... And that's if they sue me at all. Here's another possibility. Credit card companies abandon their ideas to litigate and simply offer a settlement. Instead of paying $8k, they take $5k and close the account. That's a significant savings, and one that doesn't bother me morally beca...
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Setting a Date

  Well, friends, after quite a lot of work with my budget I've decided I'm going about managing my money all wrong. I think the usual advice is build a tiny emergency fund of $1k and then aggressively pay down high interest credit card debt. 🪨 I'm an extremist, so I kept an emergency fund of $150 and aggressively paid down high interest debt, thinking the credit card essentially is an emergency fund, and who wants to give any extra money to banks? The problem with all of that is $150 doesn't cover rent. It doesn't cover the car payment. Too many bills aren't actually payable with credit. The emergency fund needs to be wayyy bigger. I'm thinking a floor of $10k. 🔑 Everybody has their own number, their own finances, their own budgets. I played with my finances for two months and determined the price of liquidity is $900. I pay $900 in credit card interest over the next eight months that I wouldn't have to pay if I attacked that debt with every extra doll...
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The First Time I Made Money Online

I  raided my bookshelf, found any book worth at least $10 on Ebay and listed it. I sold one book within one day. Two weeks later, I've sold 2 books, 20% of my inventory. Total profit: ? And now I'm a full time reseller. Packaging the books is easy. I haven't had to spend any money yet. I already had a roll of packaging tape. I had just enough Amazon boxes to ship the two books. I'm now kicking myself for cleaning out my shed. I had been saving boxes in there for months. I had the space. I thought somebody could use them to move.  🪨  Then one day I hosted a garage sale with my mom, the boxes were in the way and I threw them all into the dumpster. Six weeks later I'm deep into an eBay obsession with plans of dumpster diving to save money on packaging materials and maybe find something to resell.  I went to the thrift store with my mom. She looked for clothes while I scanned every textbook and niche hobby book. I blew my stack and then some. I got caught up in the exc...
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Blog Post #3

               This one is harder to write. I don’t feel like doing much today. There’s quite a lot of smoke from wildfires in the air. I’ve been too tired to do much of anything I should for the whole week. I’ve canceled a plan to see Brand New Day because I was afraid I couldn’t drive home safely for the half hour trip in the dark. But I want financial freedom. I sense there’s no real creativity to be had from pressuring oneself beyond their capacity, but money is just so important. If there’s any amount of time in the day, I need to use it to get rid of my 9-5 and replace it with multiple 5-9’s.                 I’ve noticed it’s been hard to switch gears but I’m hoping that leads to success in business; I’ve been so focused on being frugal that the obsession took hold of my every thought. I’ve switched from chocolate bars to cocoa powder to save $40 a month on my choco...
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On Frugality

               Friends, I need a chest freezer. It just makes sense. Surely the path to wealth involves saving money. I can’t save money if I’m spending it all on gas. I need to load up on as much food as I can, meal prep every week, and keep that chest freezer stocked so I never have to waste my hard-earned money on convenience foods from the gas station or restaurants. The problem is… I already have a chest freezer. 7 cubic feet. I want the exact same one. A second one. Because the first freezer is already full. And that’s the problem with frugality. Where do you draw the line? How do you know that spending money to save money is the correct move?                 I’ve recently started an office job. I learned some Excel in school while getting my bachelor’s degree in accounting. I didn’t really care for it. That isn’t Excel’s fault. The curriculum forced me to stray awa...
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