taken from the digeratimind.com
It is the holiday season and you’re probably trying to decide, especially during this recession whether or not to get a new credit card or get one of those payday loans. Where I would definitely tread carefully especially when it comes the payday loans. The reason being, that while it sounds very exciting of very convenient to simply walk into a payday loan Center with your car title or pay stubs you need to know the risk involved in getting a payday loan.
According to Wikipedia “A payday loan (also called a paycheck advance) is a small, short-term loan that is intended to cover a borrower’s expenses until his or her next payday. The loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of credit such as a credit card (see cash advance). Legislation regarding payday loans varies widely between different countries and, within the USA, between different states”
Sounds easy doesn’t it? The main question comes in when you can’t pay that payday loan when your next payday comes along then what? not only do these loans, with a high APR when you default you could end up paying 600% more than what you borrowed possibly! also be aware that you will become charged it transactional . aFor example, a $100 one-week loan, at a 20% APR (compounded weekly) would generate only 38% of interest!!! so before you think about taking your paystub all your car title to the pay day loan center. Be very sure can pay back prior to the due date or skip that gift that you planned to buy the season.
Now what if you have a credit card? Should you use that card instead get an advance loan or should you apply for a new credit card? you should only apply for your credit card in my opinion if that credit card is offering you a 0% interest rate based on your credit. You can then transfer the balance on your current credit card to the new credit card and make sure you pay it off within the year. You already have Major credit card debt, again I would advice you to pay cash for what ever your purchase.
So in essence, the question isn’t whether or not a payday loan is better than using a credit card or vice versa. The real question should be can you feel the loan prior to the due dates either way once you answer that question for you well on your way to financial independence from loans and or debt. What I your thoughts? what are you doing to be rich today?
This is a preview of posts to come under the new Naijagal.com
here are four ways in which you can essentially get some income from your blog. This could be extra income that you can use pay bill or the other end they are:
The most common way in which bloggers and a little income is getting ads from Google adsense.this program is very easy to install all you need to do is to simply sign up for an AdSense account.you can then take the adsense code based on the keyword that matches the content on your blog. Next simply place the code within your blog pages. Now when I go into going into the details on how that is done, instead we will list different advertising programs for you to explore within your blog.
Some other advertising programs, we noticed some bloggers are currently making use of are WidgetBucks, text link and eminimalls. I’ve known bloggers who made use of linkworth.com. That (linkworth) might be another option to take a look at.
Affiliate Programs- this is another way to generate income on your blog. Their various affiliate programs you could join without spending any money. At affiliate program, simply gives you a link to place within your blog such that, whenever anyone goes from your blog to purchase the ite through that affiliate link, you receive a percentage of the sales. Here are four affiliate programs I recommend taking a look at: commission Junction, Amazon.com, link share and of course clickbank. Now let me say something about click back, this program sells digital items or as many would say information products. Your task would be the send buyers their way; not sure how it works in detail, as I personally tried clickbank, I ended up losing a little bit of money but some people swear by it.
where on the topic of digital products or information products, certain bloggers go ahead and create their own information product a good example topic would be how to potentially quit your day job blogging. Now we have the good one for sale, I just might consider writing that e-book. All you need, as a word document saved as a PDF and that you can submit your e-book sites including click bank. You will then get affiliates to sign up to sell your digital product and that way they’ll get a percentage of the sale but that they would find you buyers!
Finally, the fourth way to possibly generate income via your blog is to Flip blogs
you can create your blog and eventually sell the blog for a good amount of money. Flippa is a good example of location online where you can sell your blog. I love taking a look at Flippa.com and seeing what blogs are listed for sale. We notice lately, that a lot of people and been selling auto blogs. What are Autoblogs? They their blogs that automatically update daily with ads on them. Might be worth taking a look into. Now they got the steps to generating income from your blog, get started and that is know your feedback thanks again for sticking with us!
Well I realize it has been a while since I blogged! Gosh I have heard it all, Naijagal has finally given in or given up whatever that means! No Naijagal has not given up, just getting ready for a new chapter. A new focus, Naijagal.com will launch OFFICIALLY on January 1 2011! This will be a new chapter for us
The new Naijagal will be an all round fun COMMUNITY which will focus on positivity and imagination, now will you join us on this discovery? My hope is that certainly you will be around for the fun ride.
Entertainment, Fashion style and all global discussions; realizing that Naijagal wants to share so much with you
My love for three Entertainment, Indian Show biz, African pure fashion and entertainment;
A new daily addition column would be how to make money from blogging,
Did you notice on Naijagal. net the new video up happens to be Bruno Mars well the new Naijagal.com will include my love for musical hits and godness we are going to take this to another level never before seen on the blogosphere
One thing I believe is that Positivity and inspiration is the way forward. No ifs buts or maybes. interested in writing for Naijagal.com? Be sure to send in your stories or articles; you could make the front page! Thanks again for four solid years.