Categories
How To Websites

Give Me Back My Five Bucks: a personal finance guide for young adults

From Ramen to Riches: Building Wealth in Your 20s: Or Spending, Saving, Investing and Managing Your Money to Get Rich Slowly, but Surely
From Ramen to Riches: Building Wealth in Your 20s:
Or Spending, Saving, Investing and Managing Your Money to Get Rich Slowly, but Surely

If there’s one piece of advice that Web Watch is always trying to give to our younger acquaintances, it’s that it’s always better in the long run to save as much money as you can for the future.  A while back, we recommended to try to have $10000 in the bank by the time you’re 30 years old, and that’s still a good rule of thumb to live by (call it your “emergency fund”, it still represents about 3-to-6 months take home pay for the average young adult that financial experts recommend keeping available for emergency purposes).

And Krystal felt the same way when she found herself a 20-something with over $20,000 in debt that she decided she wanted to get rid of.  It was an albatross keeping her from future successes.

Categories
10 Things How To

The 25 Documents Everyone Should Have Finalized Before They Die

Categories
10 Things Websites

How much is your favorite celebrity worth?

The Millionaire Next Door
The Millionaire Next Door

Do you live next door to a celebrity?

Well, let’s assume that you don’t know your neighbors very well.  In that case, it’s quite possible that you DO live next door to a celeb and don’t even know it. 

That’s because some celebrities like to keep a low-profile when it comes to their personal home life.  Web Watch had to pay a visit to a celeb’s house a while back (yeah, you’d recognize their name if we told you who it was), and their home was nestled in between two trailer parks out in the boonies – nice place, but not exactly living the glorified high life from a location viewpoint.

Categories
10 Things How To

19 ways to save money, simply by changing your bad habits

The Thing About Money - Earn It, Save It, Spend It, Share It (Teaching Young People How to Make a Money Plan)
The Thing About Money – Earn It, Save It, Spend It, Share It (Teaching Young People How to Make a Money Plan)

We all like having money. Getting money. Spending money.

Sometimes it feels like saving money takes a bit of work.  It does, of course, but there are ways that you may be able to save some money just by changing some of your bad habits.  Here are 19 WAYS THAT YOUR LAZINESS IS COSTING YOU MONEY.

Categories
Funny Gadgets shopping Websites

Don’t throw your investment money in the crapper – invest in THIS business instead!

Shit Be Gone toilet paper
Shit Be Gone toilet paper

Want a new business?

Web Watch knows of one for sale.

Categories
10 Things Music

You can’t be a successful musician until you’ve gone bankrupt at least once

The Big Payback: The History of the Business of Hip-Hop
The Big Payback: The History of the Business of Hip-Hop

There are lots of financial obligations when you’re a solo musician or in a band.

You have to worry about getting gigs, writing music, obtaining copyright or other legal paperwork.  Then there’s the infighting, splitting appearance fees, and paying for samples in your hit song that borrowed liberally from clips you found on YouTube.

Yeah – music royalties may not pay a lot, but they do end up paying something.  But sometimes, what you get from those royalty checks isn’t enough to make ends meet.

But all is not lost if you have to file for bankruptcy.   All sorts of extremely successful and well-respected artists have had to make that financial sacrifice in order to continue their careers later.  If you end up having to file bankruptcy, at least you’d be in good company.

Categories
10 Things

9 Things not to spend money on when you retire

How to Stretch Your Retirement Dollar (A Practical Guide to Getting More Life Out of Your Money)
How to Stretch Your Retirement Dollar
(A Practical Guide to Getting More Life Out of Your Money)

How much money do you have saved for retirement?

More specifically, how much money do you think you’ll need to live comfortably when you retire?

Obviously, the answer to the second question revolves around a complicated set of formulas based on how long you think you’re going to live and when you’re planning to retire.  Where you’re going to live.  Whether you are concerned about just your own expenses or if you’re supporting others (or having children take care of you).

Some experts have said that you should try living on just 25% of your current salary for a year, just to see if you could afford retirement spending in your current mindset.  If not, maybe you need to adjust your retirement plan a little bit.

Categories
10 Things Internet Music Video

How much money is Rebecca Black making on YouTube?

YouTube: An Insider's Guide to Climbing the Charts
YouTube: An Insider’s Guide to Climbing the Charts

How much money is Rebecca Black making with her YouTube video FRIDAY?  That seems to be the question on everybody’s mind these days, regardless of what they think about the quality of her song.

As WEB WATCH COVERED PREVIOUSLY, YouTube videos can make hundreds of thousands of dollars for their owners.

So when we see reports that Friday has only earned around $45,000 so far, Web Watch begins to question who is right when it comes to calculating payouts and royalty checks for viral YouTube videos.   So let’s take a look at this again, shall we?