Golden Goose Marketing

Here’s something you don’t hear with all the usual internet marketing tips that get passed around – the people who make the most money are the ones who make their money work for them.  If you give two affiliates $10,000, it’s almost guaranteed that they’ll do vastly different things with it.  Some people know how to magnify the power of money, while others just spend and wonder what happened.

• Work on someone else’s money.  Plenty of credit cards offer long no-interest grace periods.  Use this to your advantage.  Let your money earn interest or buy things you must have, and use interest-free credit in the meantime.
• Get an interest-bearing checking or savings account.  Never leave money sitting somewhere that prevents it from earning more money.  That’s just common sense.
• Put any and all expenses on cashback cards.  Even your groceries and bills should be paid with a cashback card whenever possible.  Even if you can’t get a credit card, you can most likely get a PayPal business debit card that will give you 1.5% cash back.
• Keep track of every expense.  It’s very easy to get lazy about receipts, but this is like throwing money out the window.  If you can verify your expenses, you can nearly always claim them on your taxes.  Self employed people get taxed enough as it is.
• Speed up your cashflow wherever possible. Think it’s not a big deal that your network pays you once every 2 weeks?  Or worse, once every month?  Well, it is.  What if you were able to speed that up?  You could get the money into an interest-bearing account faster, earning hundreds or even thousands more over the course of a year or two.

Are you doing all of these things?  If not, why not?  Do you have any other suggestions for improving the way your  money works for you?