forex fire

Most people I talk to when they hear about making money from the comfort of my on home, always ask me why. I always reply, “with the right tools and a desire to learn”. This is why I made this article, to show you the power of having forex charting software to help you profit.

To be a successful forex trader you need an understanding of what you need to watch. It isn’t necessarily knowing the ins and outs of everything, but having the idea of what needs to be watched. The biggest problem most people face when they first start out is the over whelming amount of information that is available. Not only are there are free phone books worth of information on forex online, but there is also a magnitude of information you need to follow on currency.

A new player to the forex game will have to spend great amounts of time following currency and trying to sift through all the information to learn how to play in the first place. That’s the biggest problem everyone faces. Most people end up quitting because there is just too much to learn, there’s just too much to monitor. Having the right tools can save you time and allow you to become an expert.

Forex Killer is the most powerful forex charting software on the market. It processes all the data on the currencies you trade, so you don’t have to. This saves you a huge chunk of time, that you can spend on learning how to play the game. As well, this software allows you to start part time in forex. As you’re probably aware, currency trades 24hrs a day and most of us don’t have time to watch the currency. Forex Killer can be set up to buy or trade at specific prices and trends. For example, if you’re asleep in bed and a currency you bought starts to tumble down, the software will sell it automatically, so you don’t end up losing a significant amount of money.

This is the reason you need forex charting software and Forex Killer is the best software you can get your hands on.

The automated software of Forex Killer will give you an immediate edge in the market. Make trades that work for your profit line. For more information on the Forex Killer software, check out Forex Charting Software.

Every day hundreds of savvy network marketers and even the old-school MLMers purchase Ann Sieg’s Renegade System–a funded sponsoring proposal lead generation system–but a lot of them do it unknowingly.

What they initially picked up was a copy of her e-book, The Renegade Network Marketer, but after they read the book they realized they get a lot more than just words and ideas.

Just as Mike Dillard has done with his Magnetic Sponsoring, Sieg’s book comes with her Renegade System. Although different in many ways, both books and systems have empowered network marketers to move into a new era for the networking industry-the era of marketing.

First & Second Impressions about The Renegade and Magnetic Sponsoring…

Many progressive networkers, and even some of the old-school MLM types, fumble through the first pages of The Renegade feeling a bit anxious because there’s a sense you just found the mother-load… like stumbling into a goldmine but realizing you can’t carry anything home until you do some heavy lifting.

And it’s true. The Renegade introduces you to an entirely new fascinating world, where people come to you instead of the other way around… where you can monetize like a real business for much needed cash-flow… and where you can get in front of a huge trend whereby millions of people are moving online.

But making the switch from old-school to new-school will require some work and there’s a sense you can’t move fast enough. Most networkers have quite a bit to learn about marketing before they ace the new model… with that said, it’s light-years easier than building the business the old way.

But the feeling of ‘overwhelm’ is there… and it’s similar to how many people felt when they found Magnetic Sponsoring… overwhelm and excitement.

Between the two books, the Renegade had the greatest impact because I saw a missing component that I did not see in Magnetic Sponsoring–I was looking for the best way to teach my clients and team.

I had read Mike Dillard’s Magnetic Sponsoring and had employed some affiliate marketing strategies and the funded-sponsoring proposal out of what I learned in his MLM Traffic Formula course, but it wasn’t until I found The Renegade Network Marketer and its ’sister’ System, that I felt I could teach any of this stuff to my team.

This is what’s most important to me because in network marketing it’s about duplication.

I had been teaching network marketing (the old-school way) for years, and coaching is a passion. So when I saw how well Ann had put her Renegade package together specifically for beginners, I was excited to expand upon it. I started planning how I’d gather my team and clients and come back to mine the gold together. And that’s what we did.

Within weeks, people who had been wasting thousands of dollars on leads to build their network marketing business and getting no where, who were afraid of Internet marketing up to that point, were employing The Renegade System strategies by following simple tutorials we had set up.

Click here for a video overview of The Renegade Network Marketer

Over a hundred people on our team made the switch within weeks. We threw out the cold-calling and warm market stuff forever, and started generating leads and new income with the Renegade. The prospects started calling people on my team and they were thrilled. Over a hundred of my clients (many from other network marketing companies) started generating their own leads list, and then monetizing it. The whole ‘training experiment’ was a smash.

What’s Next for The Renegade’ers and Magnetic Gurus?

The next big movement in this new model for network marketers is teaching others how to set it all up in step-by-step tutorials like we’ve done. I’ve seen proof of its power. People flock to you by the thousands to learn.

If you want to create your own system to do this make sure it is set up for the beginner in very small bite sizes, and that it’s visual so they can literally follow along.

Also, remember how much Ann Sieg emphasized monetization in The Renegade Network Marketer. Make sure your training system increases monetization not just for you, but also for your team and prospects who should be able to use your training system with the same benefit you do.

I think you’ll see this kind of training take the MLM industry by storm, and to the next level of maturity because it’s exactly what the majority of network marketers who have read The Renegade (or Dillard’s stuff) need.

So find a system that does this, like one we’ve created called Renegade University, or create one that meets the criteria above and you’ll be ahead of the curve, positioned to attract a huge number of prospects to you, while earning a lot more cash flow if you monetize it properly. Then, you can lead those prospects to wherever it is you want them to end up (like your MLM business, for example).

“It’s a whole lot easier when the prospects are coming to you, Mike says.”

Mike teaches network marketers Internet attraction marketing, emphasizing “no and low cost” strategies with Social Web 2.0 Media.

Get Click-by-Click Help Setting Up Your Marketing & Attract More Prospects to You

Learn with Mike to generate your own prospects list, and how to monetize with cash-flow strategies that allow you to afford to keep building the network marketing business you’re in right now.

Women looking for a way to be able to stay at home and simultaneously contribute to the family income should consider foreign currency trading as one among many home-based business possibilities. This also applies to stay-at-home dads, financially struggling college students, minimum wage workers or anyone else who would like to supplement their income or even create a new full time career.

FOREX trading requires very little startup capital, knowledge that can be acquired from excellent online sources for only a modest investment, a computer and an internet connection. It is one of the easiest businesses for an individual to get started in. Note and caution: in addition to the previously stated items, successful trading also requires intense self-discipline and risk management. It should not be considered a get-rich-quick project, but a source of steady part time (or full time) work with good income potential.

In 1978 the International Monetary Fund mandated the free-floating of currencies. That means that a currency, like the U.S. Dollar, Swiss Frank, or Euro changes in value minute to minute based on the laws of supply and demand. That decision also opened the currency markets to more participants than before. The volume of currency traded each day has grown dramatically, and this is a good thing for small traders who want to take small risks and get in and out of the market fairly fast. In 1977 the daily value of currency traded between banks was about U.S. $5 billion. By 1987 this had grown to U.S. $600 billion, and by the year 2000, it was up to U.S. $ 1.5 trillion.

Eventually corporations joined the banks in trading. This added to the volume and also added to the liquidity of the currency markets. Liquidity is important to keep from getting trapped in a losing position without being able to get out, or riding a nice profitable move and then seeing it disappear while you attempt to get out. The ideal market to trade is one that lets you in quickly and also lets you out quickly.

Now, even individuals can compete on relatively even footing with large central banks. The key is access to online information and online trading services. It may sound risky and complicated at first, but can actually be quite simple if you don’t get greedy and invest the time and money needed to learn the basics.

An advantage of currency trading over trading something like stocks is that currency markets are open almost 24 hours per day, so you can work whatever hours you choose, even the middle of the night. Also important is the fact that you don’t need much money to start. Many brokerage companies will allow you to open an online trading account for only $1000, and most of them will also let you practice for free with simulated trading accounts.

It is very important to learn the basics and also to have a well-practiced plan before you put real money into your new part-time business. Go to the library and read all the books you can find on trading and investing, then take time to surf the internet looking at forex trading courses (if you want to be a profitable trader, you need to invest a little money up front in education in order to avoid learning the ropes the hard way: by losing real money in the market) and selecting a good forex broker.

After you learn everything you can from a good online course and set up a trading account, be sure to trade “on paper” in real time without real money for a month or two to get all the bugs worked out of your strategy before you put real money on the line. Don’t let anyone tell you it is easy, but with hard work and discipline you can enjoy a nice supplemental income by trading.

Have you absorbed all the trading knowledge you can find at the library? Excited about getting your feet wet in the forex market? Go here for an excellent forex training course and visit http://www.forexprofitsmeister.com for more trading pointers.

Many forex traders look for advice from mentors or gurus who have done nothing or sell worthless forex robots all with simulated track records when they could pick up advice from some of the worlds best traders for $100 or less!. So who are these millionaire traders?

Well you will find plenty of them at your local online currency trading bookstore and here I have selected 3 trading books which every trader should read. Here you are getting advice for traders who have walked the walk rather simply talk the talk.

1. Trader Vic - Methods of a Wall Street Master (Victor Sperandeo)

Victor Sperandeo is one of those traders who piles up consistent gains year after year and he did it for decades. Here he shares his knowledge on everything to do with trading - from psychology, to trend following correctly, to money management.

He isn’t a forex trader but the insight he gives in to how to use technical analysis is simply superb.

His 2B method is worth the price of the book on its own and his rules for drawing trend lines is something any novice trader should take note of and he also looks in depth at Dow theory a method all traders should know about and I laughed out loud at the secret of the Gamboni and its so true yet, most novice traders fall into it.

2. The Way of the Turtle - (Curtis Faith)

While visiting a turtle farm trader Richard Dennis had a bet with trading partner Bill Eckhardt that good traders didn’t have to be born - they could be taught. To settle the bet, they recruited a group of individuals from all walks of life, trained them for two weeks then gave them accounts and they earned over than $100 million in less than four years.

Here the top turtle Curtis Faith goes through the experiment and explains why the Turtle method works in today’s markets and how to apply it. He also shares his insight on taking risk, relying on yourself and learning from your trading mistakes. OK You may not be as successful but it’s an inspiring read and one any trader can learn from - You don’t need to be clever to win and anyone has the opportunity.

3. Market Wizards (Jack Schwager)

One of the top selling investment books of all time and an essential book.

Schwager interviews 17 trading legends including Richard Dennis, Paul Tudor Jones, Ed Seykota, Marty Schwartz, Tom Baldwin and others. These guys are simply the best and Schwager has an interview technique that gets the best out of all of them.

If you can’t learn from these guys you can’t learn from anyone. Get it read and re read it, I have read this book maybe 20 times and always find something new, its just one of those books.

So if you want to learn from real pros pick up the above books, there the cost of a night out and will pay for them many times over and remember you’re learning from guts above who have made collectively billions and that’s a lot of money and a lot of experience which you can learn from too.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf’s, with 50 of pages of essential info on the best Currency Trading Books visit our website at: http://www.learncurrencytradingonline.com.

The Zurich Axioms by Max Gunther isn’t a book just about forex trading it’s a book that puts you in the mood to make money and lots of it! Here I have selected some of my favorite wisdom from the book which if you follow, can turn average gains into extraordinary gains…

Max Gunther starts with statement about Switzerland that sets the tone of the book.

“Consider the puzzle of Switzerland. This ancestral home of mine is a rocky little place about half the size of Maine. It has not one inch of seacoast. It is one of the most mineral-poor lands on earth. It possesses not a drop of oil to call its own, barely a bucket of coal. As for farming, its climate and topography are inhospitable to just about everything”.

Yet the Swiss are among the most affluent people in the world. How do the Swiss do it”?

Quite simply over the years Switzerland has produced some of the world’s greatest speculators and some of them wrote the Axioms. Some of the views are against the majority opinion as the book states but you need to:

“Disregard the majority opinion. It is probably wrong”.

Of course it is very few traders get rich and many of the so called wisdoms you accept wont help you get rich and let’s start with the first one.

“Worry is not a sickness but a sign of health. If you are not worried, you are not risking enough”

There is nothing wrong with being a bit worried, as it means you are playing for:

“Meaningful stakes - if an amount is so small that its loss won’t make any significant difference, then it isn’t likely to bring any significant gains either”

How true - how often do you hear you should only risk 2% on a trade? - well that won’t make you much.

You can risk 10 - 20% or more, if you have the odds in your favor.

Just be patient and wait for the right opportunities. This isn’t being rash this is waiting and taking calculated risks at the right time and hitting them hard.

I know traders who trade less than one a month but make triple digit gains - How?

There patient, wait for the high odds trades and hit them hard.

“Resist the allure of diversification”

Another well known wisdom but wont help you make a lot of money. You have a good trade so why dilute it with low odds trades that can cut your profits? If you are trading a small FX account focus on one area and hit it as hard as you can when the opportunity arises

“Human behavior cannot be predicted. Distrust anyone who claims to know the future, however dimly”.

True - but how many traders don’t have the guts to do their own trading and trust guru’s, mentors and scientific theories of market behavior and worthless forex robots and get beat - the vast majority.

What the Zurich Axioms teaches you and why its such a great book is:

It persuades you not to be frightened of risk - but to love it.

You take risks at the right time to make a lot of money and that’s a fact.

It’s a fact in forex trading that most traders hate risk and try and restrict it so much they have no chance of winning and all they do is take small loss after loss until their wiped out.

It also encourages you to take charge of your own destiny and be alert for opportunities and investment traps.

Many will scoff at the above and say its not accepted wisdom maybe not but the people who devised the Axioms got very rich using them and you can to - simply get hold of a copy of this book and be prepared to amused, as well as inspired, to start taking calculated risks, at the right time and hitting them hard.

Forex involves risk and it’s the way you manage risk, which will determine the destiny of your account.

Of course, you can run with the losing pack or you can take a different, more exciting and more rewarding route to currency trading success.

FREE FOREX STARTER PACK 5 X PDFS - DAILY RESEARCH AND MUCH MORE!

For free infopack and free research and more get your 5 x FREE Forex PDFS visit our website at: http://www.learncurrencytradingonline.com.

I got the idea actually thinking about a children’s book that I had and it was this really strange book on how you can get things done right away. In fact, it was supposed to be this fun catalog. One of the things in this catalog was a device that you could put inside of your doorway and if you were a kid and were all filthy dirty and you walked through this thing, it would make your clothes and body instantly clean.

It had another device where you could turn into your room and it would make your room instantly picked up. You know even as a kid, I remember going through this thing and spending a lot of time thinking, man, wouldn’t that be great if you had something that would make old things brand new or you had something that you could walk through and it would make your body instantly clean?

The book was really playing as a kid, on that desire for the instant fix. I think all we have to do is back ourselves up a little bit. You know there is really very little in life that we can do instantaneously. I have got a very young son. He’s, I get the months mixed up; he was born in January. So he’s 15 months old. He’s going to be 16 months old. So he is learning how to walk, right? You and I as adults; it doesn’t take any kind of brain power for us to walk. It’s just instant. We get up and walk.

Listen. This little guy has taken months to learn how to do something that we take completely for granted and most of the time, don’t even think about. It’s not that we instantly learn how to walk; we just learned how to walk relatively quickly compared to how long we have been alive. Most of us have been walking the planet for 20, 30 or 40 years now. Some of us I know I have talked to, 70 years. It seems like well, I have always walked. We don’t have a conscious idea of how long it took.

Mac X is recognized as a forex expert trainer, forex trader and author of three best-selling forex trading books and Home Study Courses including “How To Get Filthy Stinking Rich Trading The Forex” book and Home Study, “How To Trade The Harmonics of The Foreign Exchange Markets”. Mac X has trained over 1,300 students in large forex seminars, one-on-one and small groups. Read Mac’s Forex Blog for more Forex Trading information at http://www.TheInsiderCode.com

Easy Language

TradeStation gives you the power to right code in Easy Language in order to back test your trading strategies. Now, while the name of the code is Easy Language, it is far from easy. If you have previous coding experience, then Easy Language will remind you a lot of C++, but if you have no previous coding experience, do not waste your time on trying to learn the syntax. Simply look to their third-party programmers for assistance. These developers are backed by TradeStation and they do not charge and obscene amount of money. Better yet, if you have a friend or relative that knows how to write code, they will quickly be able to write basic strategies for you.

TradeStation provides some basic literature on Easy Language, but if you want to really get your feet wet, you will have to purchase their home study course, which will run you a cool $149. Again, if you are here to trade, trade, and leave the developing to the programmers.

Historical Market Data

TradeStation has over 25 years of historical data. When you look a little closer, the amount of data is dependent upon which investment vehicle you are using:

• 4 years of intra-day Forex data
• 8 years of Eurex Futures and Index Data
• 16 years of intra-day Equities
• 25 years on intra-day Futures data

So, the real question is do you need all this data from TradeStation. Well, of course, if you are serious about testing your trading strategies. This amount of market data will allow you to back test your strategies in bull, bear and flat markets. You will quickly see how you would have faired in the bull market of the late 90’s, or the slippery slope down in ‘01 and ‘02. Most importantly, you can see how you would have done since the market recently bottomed in the spring of ‘03.

Automated Trading

I do not endorse mechanical trading, as I feel every trader should be responsible for his or her own trading decisions, but I have to admit, having the option of setting up automatic trading is impressive. In order to activate this feature, you should be certain that your strategy is working properly and has clear stop rules. The last thing you want is to take lunch and come back to realize you just bought a 10 thousand dollar hotdog. TradeStation also has a new feature that allows you to execute orders based on fundamental analysis. TradeStation is the first platform capable of scanning and executing orders based on fundamental factors.

Back testing Strategies

There is one part of back testing that TradeStation does not tell you about and that is slippage. When you write your Easy Language code, you can tell the code to exit a trade on the close of the current bar, or ext at market on the open of the next bar. The problem is you may want to write the code to get out at a specific price. Now, all of you Easy Language experts out there, please relax, I know that you can write code to get out at any particular price, but the average trader will not know how to write such detailed code. So, in summary remember that if you write your own code, the canned functions in Easy Language will not allow you to easily code your exits. Just make sure you verify in your performance report that your results have not been inflated or deflated due to slippage.

TradeStation will display a report of your hypothetical trading results. The TradeStation performance report lists everything from average time in trade, average gain, total commission, annual rate of return to name a few. Only problem, you cannot export the data to excel. So, one is forced to manually type in stats into your friendly worksheet processor. Depending on how much information you want to analyze, this exercise could prove to be time consuming.

Trade Execution

TradeStation has the quick order button execution of every other active brokerage firm. But the cool thing with TradeStation is the Order Cancels Order (OCO) and Order Stages Order (OSO) order types. For Order Cancels Order, you can instruct TradeStation to enter a position if the price breaks up or down. This works well when you have identified two levels on a stock as potential long or short entries depending on how the price breaks. The Order Stage Order allows you to stage multiple orders for an existing position. So, if you are long MSFT and want to exit in 3 increments, you can create an OSO order which will stage the orders and when a certain price is hit, it will exit a part of your position at a specific limit. I often hear traders say that they do not want to put a stop in, because if there limit is hit, they will have to cancel their open stop order, to then put in a limit order to exit the trade. Well, with OSO in you can place both a stop and up to 3 limit orders in TradeStation, so there is no longer any excuse as to why you can not protect your capital, the second you get in the trade.

Shorting

TradeStation does not have the books to short some of the more obscure stocks. So, if you want to short stocks that are not well known, you may encounter some trouble with TradeStation. This does not happen often, but it happens enough that it is noticeable.

Charting

The charts in TradeStation are in real-time and there are over a hundred indicators, show me, paint bars, etc. which can be displayed on the chart. The only negative is that you cannot execute trades by clicking directly on the chart. There are multiple screens in TradeStation that will allow you to close a position; unfortunately, the chart is not one of them.

Ability to Link Accounts

TradeStation has the ability to link all of your accounts. Therefore, you can trade futures, one minute and then put on a trade in your equities account the next. This is extremely convenient, since you do not have to open another application or go through the tedious process of logging into another account.

Commission Structure

If you are an active trader and you trade under 1k shares per lot, TradeStation makes sense. TradeStation has a per share cost up to 500 shares. The first 500 shares are $.01. So you can buy 100 shares for a $1 and up to 500 shares for $5. Over 500 shares, it is $.006 per share. So, if you trade 3k shares, TradeStation can become costly. The first 500 shares will cost 5 bucks and then the last 2.5k shares will run you another 15 bucks. The total cost would be 20 dollars one-way for the trade. In this example, it of course would be much cheaper to trade with a brokerage firm that has a flat charge for all trades. In summary, if you are going to trade in big lots, 1k or more, go with a flat fee brokerage firm, but if you’re going to trade under 1k lots, TradeStation is the place for you.

Support Center

TradeStation has a support and discussions forums, where traders share ideas, stories and Easy Language code. Unlike many forums, where there are only a few users, the TradeStation forum has hundreds of quality posts. I have been able to pickup tons of ideas as well as free Easy Language code for some of my strategies. Each post is grouped in categories and the users are quick to respond to your questions. TradeStation has also recently started a Wiki for both their platform as well as Easy Language. The Wiki is expanded daily. TradeStation also has a dependable phone support staff. I have yet to call and not be able to get someone on the line with in 15 - 30 seconds. The staff is always attentive and willing to help on any issue. There is a sales desk, equities desk, futures desk, and forex desk. Each department specializes in their respective areas, which prevents you, the client, from ever talking to someone who is unknowledgeable on how to address your issue.

Radar Screen

TradeStation is the only trading platform, which has a radar screen that can scan the market based on your own market criteria. Now this is not your standard, scan that can display stocks with an RSI under 30. The scan in Radar Screen can be as simple or as complicated as your Easy Language abilities will permit. So, if you want to look at stocks at 2-day highs, with 25k shares per minute, that are up a minimum of 2%, you can scan the market for this information in real-time. The only negative regarding Radar Screen is TradeStation only allows you to scan the market for 1k stocks. But, who needs to monitor more than 1k stocks?

See You At The Top,

Al Hill

Al Hill is the co-founder of mysmp.com (My Stock Market Power) which provides free trading articles to investors. Please visit http://mysmp.com/trading-articles.html for more free articles.

Many forex traders look for advice from mentors or gurus who have done nothing or sell worthless forex robots all with simulated track records when they could pick up advice from some of the worlds best traders for $100 or less!. So who are these millionaire traders?

Well you will find plenty of them at your local online currency trading bookstore and here I have selected 3 trading books which every trader should read. Here you are getting advice for traders who have walked the walk rather simply talk the talk.

1. Trader Vic - Methods of a Wall Street Master (Victor Sperandeo)

Victor Sperandeo is one of those traders who piles up consistent gains year after year and he did it for decades. Here he shares his knowledge on everything to do with trading - from psychology, to trend following correctly, to money management.

He isn’t a forex trader but the insight he gives in to how to use technical analysis is simply superb.

His 2B method is worth the price of the book on its own and his rules for drawing trend lines is something any novice trader should take note of and he also looks in depth at Dow theory a method all traders should know about and I laughed out loud at the secret of the Gamboni and its so true yet, most novice traders fall into it.

2. The Way of the Turtle - (Curtis Faith)

While visiting a turtle farm trader Richard Dennis had a bet with trading partner Bill Eckhardt that good traders didn’t have to be born - they could be taught. To settle the bet, they recruited a group of individuals from all walks of life, trained them for two weeks then gave them accounts and they earned over than $100 million in less than four years.

Here the top turtle Curtis Faith goes through the experiment and explains why the Turtle method works in today’s markets and how to apply it. He also shares his insight on taking risk, relying on yourself and learning from your trading mistakes. OK You may not be as successful but it’s an inspiring read and one any trader can learn from - You don’t need to be clever to win and anyone has the opportunity.

3. Market Wizards (Jack Schwager)

One of the top selling investment books of all time and an essential book.

Schwager interviews 17 trading legends including Richard Dennis, Paul Tudor Jones, Ed Seykota, Marty Schwartz, Tom Baldwin and others. These guys are simply the best and Schwager has an interview technique that gets the best out of all of them.

If you can’t learn from these guys you can’t learn from anyone. Get it read and re read it, I have read this book maybe 20 times and always find something new, its just one of those books.

So if you want to learn from real pros pick up the above books, there the cost of a night out and will pay for them many times over and remember you’re learning from guts above who have made collectively billions and that’s a lot of money and a lot of experience which you can learn from too.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf’s, with 50 of pages of essential info on the best Currency Trading Books visit our website at: http://www.learncurrencytradingonline.com.

Going away to college and leaving home for the first time. That can be pretty exciting scary, and confusing all at the same time. You are going to be faced with many new things, changes, and of course responsibilities.

You are going to learn many life lessons and probably the biggest lesson is how you handle your money.

Every bodies life is different. Usually when you are living at home most of the money making decisions are made for you or at least you can seek guidance from your parents.

All of a sudden in college you are making money decisions on your own. If you aren’t careful you might find yourself without much money. That is not a good situation.

Making smart decisions with your money not only helps you during college but also sets you up for life. Here are some ideas that might help you with some of your money decisions.

Know Where Your Money Is Going

This is the start of your budget. Make a list of all the mandatory monthly expenses you have. These might include rent, food, utilities, transportation, parking fees, school supplies, loans or credit card payments, and maybe student fees.

Pay Yourself First

Once you know where your money is going each month give yourself some spending money and then find a way to put a little bit of money in a savings account. This develops such a great habit.

Now matter how tight things are put some money away.

Get Organized

You need to keep all of your receipts in one place. Use a filing system. Separate things by month and by categories. You can use an accordion style filing system or just plain manila folders. Make sure you balance your bank statement every month.

Become Cheap

Start looking for little ways to save money. Get in the habit of becoming frugal with your money. If you are not on a food plan pack your lunch. Ride your bike to school or walk. Try not buy your textbooks new. Find used ones or look to trade books with people.

Try Not To Go Into Debt

College can be very expensive. You might be in a position where you are borrowing money to attend to school. Student loans start adding up so make sure that is the only debt you have coming out of school.

Be careful with credit cards. Credit card companies are very good at targeting college students. They do if for one reason. They know for many of you this would be your first credit card and you are more than likely going to get in a position where they are making money on you with the interest.

These are just a few ideas and tips. If you follow these you should be in good shape financially during college and in your life beyond college.

Mark Nelson is the creator and owner of http://www.financialhat.com The goal of this site is to educate people about money and also to teach people how to build their wealth for their own financial independence. He also writes topics on business and self-improvement. If you would like more information on how to build your wealth please go to his website and download his free e-book, Building Your Wealth.

Have you noticed lately more and more money is getting dumped into print and pay per click forms of advertising? Is there any other form of marketing out there that can get you better results with less risk? There is, and the secret is about to be out!

Most companies fall into the scheme of pumping handfuls of money out the door to dying forms of advertising, such print mediums. They figure that “it takes money to make money” so they continue to pay for advertising that doesn’t get them the returns they desire. Most businesses have realized the power of online marketing and are starting to focus their advertising dollar there, but will all the options… what is your best bet?

There are directories, listings, pay per click, sponsored links, bloggers, etc…. that claim to get you more business quicker than ever. Only a handful of the companies deliver what they promise. When reviewing a company to handle your marketing needs, it is important to see the exposure they can provide to you. Is it organic side exposure or sponsored link exposure? Let me explain the difference. The organic side of search engines is where the vast majority of us search, the ten links on the left hand side of the page. Sponsored links are the ones on the right hand side of the page that usually juggle around and never stay stable… you know, the ones you never look twice at. If you, as a business owner don’t look twice or use those right hand side links, then why would you assume a consumer would use and click them? By focusing your adverting dollar on a company that focuses and provides organic side exposure, you are encompassing 100% of the search market. You will see your call volume rise and your sales numbers rise right along with it. A few things to keep in mind when looking for organic based marketing firms 1) Do they give me an exclusive environment to separate me from competition? 2) Am I going to be in a directory with other qualified businesses that will help with my image? and 3) cost vs. benefit.. make sure the keywords they use on the organic side of searches are RELEVANT to your field and a normal consumer would use them when searching for someone in your industry. Take this to heart, and you will see the benefits immediately within your business. Don’t get fooled into thinking online marketing is a fad or a trend. Consumers are tired of using heavy phone books when they have the World Wide web at their finger tips… at all times!

Chad Sandifer
http://www.tenlist.com