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Keeping track of my finances

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As many of you know I earn my income through my websites. Whether it’s posts on my blogs, selling text links in my sidebars, affiliates, Google adsense or whatever else of the many things I do to earn an income.

Do you know how hard it is the keep track of everything? It’s not like I’m getting paid once a month by most of these companies. No .. I’ve actually got money coming in daily.

So I think I need to get some kind of financial reporting software. It would help me keep track of my income daily, weekly and monthly and if I found the right software it might even help when it comes times to create statements for tax purposes.

I’ve got to look into this further.





Calling it in

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This is strange. In the past month I’ve actually been asked to do a few speaking engagements regarding my success with websites and blogging.

One business contact is holding a series of four seminars and they begin next week. The seminars are out of town so I can’t attend in person. He’d decided that perhaps he’d just do a phone interview with me and I suppose, hand out the interview to seminar attendees.

Now he’s changed his mind.

He wants to call me during the seminars and interview me via a conference call. He says the calls will only be 5 minutes. Somehow I doubt that … but $50 bucks for a short phone interview? I’m not sure yet. but I might do it.

No more business loans for me!

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Have you ever applied for any kind of Loan? Unless you are still young and living at home with your parents you probably have faced the prospect of getting a loan of one type or another by now, haven’t you?

Lately we’ve been lucky, other than two Personal secured loans and a car loan we haven’t had to go through the process of applying for a loan for some time.

Can you believe that the very first loan that I ever applied for in my life was not a Personal Loan, but a business loan? Talk about nerve racking!

It’s one thing to come up with reasons why you need a personal loan – perhaps to pay off your tuition or to renovate your home, but coming up with a business plan to basically sell the idea of your business to a loan officer is a whole other prospect!

When I was just 20 years old, and already a jeweller working for a private company I decided to open up my own business. I had most of the skills and contacts that I needed to make my business a success and I was going to share office space with my soon to be former boss. All I needed was the funding to buy the very expensive machinery that I needed to get started! The most expensive piece of equiptment was a machine that would make most of my money, but it was also a machine that I had to teach myself how to use and maintain.

Before applying for my loan I was sure to find another trades person in the jewelery trade who could help teach me how to use the diamond cutting machine that I wanted to purchase. See, I thought of everything. I found someone to teach me how to use the machine and I knew how long it would take me to learn how to cut designs into jewelery when I went to the loan officer and applied for my loan.

I must have done a good job of selling myself as I did end up securing my loan. However, as a result of all that prep and the stress of starting my own business I don’t really care for the whole process of applying for loans. Securing a personal loan is much easier – I’ll stick to that type of loan if I ever need money again!

Do you have a harrowing loan story?

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