Monthly Archives

April 2017

DON’T LOSE MONEY DUE TO YOUR BLOG

A lot of people start a blog in the hope of raising some additional cash. After all, once you raise your profile, it can lead to advertising on your blog. Also, you might get companies asking for sponsored blog posts which is also an extra way to earn some money. However, while we might set up a blog to raise some money, it’s easy for it to do the opposite if you are not careful. In fact, here are some ways you can ensure your blog doesn’t end up losing you money.

 

Pexels

 

Be careful to ensure you use copyright free photos

It’s common to use pictures on your blog. After all, it gives it a more visually appealing look and can give a break from the writing. However, while it’s always good to add pictures, you need to ensure the images that you are using are copyright free. Otherwise, you could end up sued if you use them without the owner’s permission.

 

In fact, as it says on https://www.theguardian.com/law/, US blogger Perez Hilton ended up in a £1.6 million lawsuit after using photos on his blog that weren’t his. And unless you fancy losing money down to your blog, you don’t want to follow his lead. Therefore, only use copyright free photos which you can search for online.

 

In fact, there are a lot of free image sites which will ensure you have great quality pictures without breaking the law. And to be extra safe, always credit the site where you took the photo. That way, you can never end up in trouble with the original photographer. And remember the same goes for any wording or quotes you take from other sources. Always link back to the original site to ensure you don’t get in trouble!

 

flickr

Don’t write defamatory claims about people

Of course, a blog is all about writing your opinion on things. But you need to be careful about what you are saying about people. After all, once it’s down in writing, it can be hard to take it back. And if the person in question sees the claims on your blog, they could end up getting you in trouble via the defamation law. After all, even if the comments are true, if you have managed to damage their reputation, they could still sue you.

 

In fact, if you do get into trouble with your blog, you will need to find a lawyer to help you with defamation claims. In fact, you can look online on the asb-law.com website and other similar sites for assistance. But to avoid this occurring, make sure you are careful about what you are writing about!

 

 Image from Pexels

 

Always answer any bad complaints

It’s easy to ignore any bad complaints which might appear on your blog or on your social media account for the site. But if you do ignore them, it could jeopardise your chances of securing advertising for your blog.

 

And not only this but you might lose people who are currently advertising. After all, they won’t want to be associated with bad press. Therefore, even if you pre-schedule your posts, constantly check your accounts for bad feedback. And respond quickly to ensure there is no further comeback!

 

And remember to always be honest and open if it’s an endorsed post to stay within the law.

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How To Set Up A Blog

WHAT YOU NEED TO KNOW ABOUT COMPOUND INTEREST

Guest Post by Retired Broker.  Follow him here and read George’s Blog here.

 

Cash savings are dire; there are no two ways about it. Once inflation is taken into account, the buying power of almost all the accounts currently available will be less than when you started. So is there any point in using them? Well, probably!

 

The fact of the matter is that a home for spare cash, no matter how modest, will always be required. So how do you make the best of this not so great situation?

 

There are a couple of ways to approach it which require a little effort and some patience. The first thing to grasp is the magical powers of “Compound Interest”.  Compound Interest is where your savings accrue interest, and then that interest will also accrue interest and over time the rate of growth gets faster.

 

It’s a slow process, but worthwhile, especially if you have long term goals. A little while ago I posted a blog about how much is spent over a year by buying a take away coffee every day for work, here’s the link  http://theretiredbroker.com/coffee-mugs.

 

You might need something stronger when you read it! For the purpose of a compound interest illustration, let’s assume that you are going to give up one coffee a week and put that money away in a regular savings account.

 

That’s £2.55 a week or £11 a month (yes I know it works out at £11.05, but I’ve rounded it down ok?) A quick look at some comparison sites will see that a few regular savings accounts will pay 2% or more, so for the purpose of this exercise we’ll use 2%.

 

The table below shows how much £11 a month will grow at 2% over different numbers of years.

 

 

1 yr £133.22
3 yrs £407.77
5yrs £693.52
10yrs £1459.92
15yrs £2306.84
20yrs £3242.77

 

While fully understanding that interest rates will change and that inflation will erode the actual buying power of the money, the point here is that it is money that you would otherwise not set aside. Even a modest amount such as £11 a month may be really useful in all those years time.

 

If you look at the 20 year period, the actual amount paid in amounts to £2640, so that is an actual growth of £600. Could be ideal if you have a young family and want to set something away for university, car or travel.

 

The other advantage of regular savings is that you can adjust what you save as time goes on or add any spare windfall you may get. This brings me to the second advantage, which does require a tiny bit of effort. A lot of these regular savings accounts offer a rate of interest for a set period only, usually a year.

 

After this the rate will either tumble or collapse. If you don’t stay on top of it, your savings will stagnate. So you need to remember that Cash Rates Are Portable. That’s right remember interest rates are C.R.A.P. So you need to treat them like your annual home or car insurance and review them every year.

 

Once you have come to the end of a good interest rate, shop around’ find another good rate and transfer your savings over to the new account and continue with the monthly saving, you may just be glad you did!

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5 FREE & LOCAL THINGS TO DO DURING SCHOOL HOLIDAYS

Easter holidays are upon us once more and as a parent it can be difficult to keep kids occupied during this time.  It can be even more difficult if you are trying to cut down or your budget doesn’t stretch to things that would be more expensive.  There are plenty of things you can do which is either cheap or better still free!

 

 

GOING TO THE MUSEUM

Find out the times of your local museum, a great day out for the whole family and it’s cultural too!  Take a peek at Museums Association and click on your local area which are free to enter.  If you’re in Belfast the Ulster Museum in Botanic Gardens is a must, you can wander round all day and then take in Botanic Gardens – that will certainly keep the kids occupied.

 

 

ARTS & CRAFTS AT HOME

Crafting can keep kids occupied for ages and it doesn’t have to cost a lot.  Keep old toilet paper tubes, newspapers or cereal boxes and let your kids get creative – the possibilities are endless as to what they could make.

 

 

BAKING

I know it can be messy but allow your kids freedom in the kitchen (with supervision of course!) to make buns or make pizzas.  Kids just love cooking and seeing the result at the end makes them so happy and they are also learning a great life skill in cooking.

 

 

NOTHING BORING ABOUT BOARD GAMES

I just love retro / vintage board games. Visit your local charity shop and see what you can buy or better still ask family and friends what board games they have lurking at the back of a cupboard. I remember playing Monopoly with the kids and it took hours but it was great fun for everyone especially since the weather was awful!

 

 

FREE TOURS OF GOVERNMENT BUILDINGS

Another great free activity is to see what Government buildings are open and offer free tours.  For those in Belfast, you can take a free tour of Belfast City Hall led by experienced guides.  It’s a great way to find out about your local history and keep the kids occupied too!

 

So what are you up to this Easter?

 

Elf x

 

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5 EASY WAYS TO SAVE MONEY NOW

Saving money is something that most of us want to do but practicing it can be a whole different thing, especially when you have kids, a mortgage, and household bills that seem to keep rising.  But I promise you, you can save money each and every day with a little dedication – some people call it a thrifty life but call it what you will if you can save money on things you spend everyday then you can keep that money for something you really want!

 

Below I’ve listed some great ways you can start saving money today…

 

GIVE REUSED A GO

Once upon a time it was called second hand but these days it’s chic to go reused!  If you need to buy furniture, bikes, curtains, even clothes try the likes of eBay or your local Gumtree where you could save yourself a few pounds.  I always have a look on my local Gumtree as the quality is great and the price is just right for my budget.

 

 

GET IT FREE IF YOU CAN!

I absolutely love Freegle, just google it to find your local Freegle group.  People want to save items going to landfill so they offer them for free on these groups.  I’ve given away a few items and received a few through this means so why not give it a try? Also, remember to use your local library if you want to read the latest books, there are also Councils who offer free kids books to read and when you are finished you return them – go have a wee look to see what you can get for free.

 

 

HAGGLE WITH YOUR CURRENT PROVIDERS

A great way to save money is to phone up your current utility, phone or cable providers and ask them for a discount.  I have saved hundreds this way and all it takes is the cost of a phone call.  Be friendly and just explain you are trying to save money.  Good luck!

 

 

VISIT CHARITY SHOPS

I love charity shops, why not visit some of your local ones and see what you can find?  I often get some bargains in terms of clothes for myself with some items only costly £1!  Many people visit charity shops now with some even calling themselves vintage!

 

 

BUY SEASONAL ITEMS AFTER THE EVENT

I do this all the time to save hundreds especially after Easter and Christmas.  Shop in the January sales for Christmas wrapping paper and cards and maybe get some gifts with 70% off.  Go Easter egg hunting after Easter to get huge discounts on all types of chocolate and stock up if you’re kids like a treat.  You can also try this after Mother’s Day or Father’s Day too.

 

Happy Money Saving.

 

Elf x

 

THINGS YOU CAN DO OR SELL TO MAKE EXTRA CASH

HOW TO EARN CASHBACK FROM SHOPPING ONLINE

MAKING EASY MONEY WITH SURVEY SITES

EARN EXTRA MONEY FROM CLICKWORKER

WANT TO MAKE MONEY WITH YOUR OLD RECEIPTS?  READ ALL ABOUT IT HERE.

WANT TO EARN GIFT VOUCHERS?  READ MY REVIEW OF SWAGBUCKS.  

INTERESTED IN KNOWING WHAT A VIRTUAL ASSISTANT DOES AND HOW YOU CAN MAKE MONEY?  READ MORE HERE.  

WANT TO GET PAID FOR COMPLETING SURVEYS?  READ MY POST ABOUT PROLIFIC ACADEMIC HERE.

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