It’s Been a Remarkable Week for BFN
I wrote a post last week titled 45 Ways to Earn Some Extra Money. Later that evening I happened to be playing around with my new sitemeter account and noticed that it said that BFN had 515 visitors that day. Since the previous days I had 11 and then 30 visitors I thought this must be some kind of mistake. As it turned out, the post was Stumbled by a few people and all of the sudden a bunch of people were checking it out.
My first Stumbled post!
I had heard of this phenomenon but honestly had not expected anything like this to happen so I thought it was awesome! I expected the traffic to die down by the next evening but it has kept going strong. In fact, I had two days of greater than 2500 visitors and cumulatively I have now had over 16,000 visits and 27,600 page views! I know that’s nothing for some blogs out that but it is positively astounding for my little blog. It is finally starting to die down now but it is still no where near my previous levels.
It has been fun to see so many people come to my site to check out a post. Some people seem to be clicking on some of the links in the post, as well. Hopefully they are making a little extra money or, better yet, maybe some of the ideas spurred them to think of some even better ones for themselves.
Not many are sticking around though
My RSS subscriptions have gone up from 13 to almost 50 - so that is pretty sweet (except for the fact that only a minuscule percentage of all the visitors are finding the site "sticky.")
Here’s the 46th way to earn some extra money
I’ve already found the 46th way: Jury duty. I was finally called to my first jury duty appearance on Monday. I was somewhat dreading it at first, but by the time I got to the courthouse, I was actually looking forward to experiencing the process. I never got to find out if I’d be selected for the jury though. Just before we were to be taken down to the courtroom, the judge came in to the jury assembly room and told us the case had been settled at the last moment. Honestly, I admit that I was a little disappointed. Oh well, I still get my $30 for showing up. $30 for about 1.5 hours isn’t going to send me into retirement, but it’s not too shabby!
On to this week’s links
I’m finally getting my head above water and getting back to reading blogs like I used to before starting BFN. I have two new projects in the works, though, so we’ll see how well I can keep up with it.
Enough about me and my little blog, lets go to the good stuff…
- Dave Ramsey swears it works, many studies are bandied about, but people are still skeptical. Here’s a reference to a news story about a family that tried going cash only for a month . The results actually match up well with the studies I’ve heard about how people spend between 15% - 30% more when using a credit card. (@ Prime Time Money )
- Great title on this one and some amusing (and quite true) content, too: What the devil says about personal finance (@ capital couples finance )
- People like to get into arguments about which fancy technique is better for this or that. The debt snowball is a popular one to embrace fully or bash mercilessly. Here is a great common sense approach to the argument (@ wise money matters )
- Of course I would be remiss if I did not point out this post about why you should get out of debt (I mean, this blog is called "Borrow From None," right?) (@ Christian PF )
- Finally, as all the kids are heading back to school, here are two posts regarding the monumental task of paying for college. Both take a possibly controversial look at the issue and raise interesting points about whether or not it is a good thing to completely pay for your child’s college education (@ Bible Money Matters and @ One Caveman’s Financial Journey )
Have a great weekend and God bless…
Book Review: The Total Money Makeover
A Proven Plan for Financial Fitness
By Dave Ramsey
BFN Book Reviews
Since I started Borrow From None, I have been reviewing a personal finance book each Thursday. I will provide a brief overview of the book and the author, touch on the good and bad in the book, and finally, give you my personal recommendation for whether you should borrow the book, buy the book, or neither.
What is this book about?
Click here to continue reading…
The Lesser of Two Evils: Determining Which Loan to Pay off First
The other day I was asked a good question: "We are looking to put some extra money towards prepaying one of two loans, so how would you go about determining which one to pay off?" Like most good questions, there is no easy answer. For most debt repayment questions, I would turn to Dave Ramsey’s debt snowball (pay off the loans in order from smallest balance to highest) or a similar technique (pay off the loans in order from highest interest rate to lowest). But this person was asking a slightly different question. Click here to continue reading…
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