4 Amazingly Simple Steps To Reach Your Goals

This Post Is All About Reaching Your GOOOOAAAALS!!

Here is what we will cover today:
  • The importance of goals
  • Review 4 well known steps to achieve  goals
  • And finally we will  cover some cool and unique ideas that will help you succeed (and I bet you have not heard of them.)

If you are reading this then chances are you came to Dollabuzz to learn how to Get.Your.Money. Right. We thank you for stopping by and we can help you succeed.

The beginning of a new year is a time…

for people to set goals like getting out of debt, saving for retirement, and yada, yada, yada.

But we all know what happens….

we are good for a few weeks then the old habits come back from the dead. We find ourselves back to our old ways that do not work and have not made any lasting improvements. But….

This year is different because you want to keep your new year’s resolution this time, right?
So how can we make these new year’s resolutions stick? 
  1. Write them down
  2. Make them timely
  3. Have a plan and
  4. Share them with someone you trust.

Its that simple. Do these four amazingly simple things and your chances of success increase dramatically!

Goals are important because….

they are key to our success and possibly even our happiness. However, what is just as important is having a plan to reach your goals because like the great Yogi Berra said “You’ve got to be very careful if you don’t know where you are going, because you might not get there.”

The best way to get there is to have a plan. In fact, that is the only way to get there.

So how do we go about setting goals and more importantly achieving these goals? Lets find out…Yay Yay!

4 Keys To Reaching Your GOOOOOOOAAAALS

1. Write Down Your Goals: 

This is the most important part of achieving your goals. They need to be written down. Goals that are not written are simply a wish and a dream. We wish for ponies, for the over to come in and dream about being rich.

Writing down goals is effective because writing down your goals makes the them come to life. You can visualize them and they become real. You took time to write them down and they are now officially goals.

2. Goals Need To Be Timely

After putting your goals in paper you need to set a timeline to complete your goals. This is important because if you don’t have a set time to complete your goals then you will not be as likely to complete them or they will take forever to accomplish and Aint nobody got time for that!

Most things we do in life have some sort of time deadline involved and setting a time or date to achieve our goals should be no different.

 3. You Need a Plan

After establishing your goals and writing them down you need a plan and that plan is simply smaller goals that when accomplished we achieve our ultimate goal.

4. Share Goals With Your Significant Other

Its really helpful to share your goals with your significant other. They can hold you accountable and encourage you when things are not going as planned.

Unique goal setting tips (and I bet you have not heard of them.)

These ideas come from a great podcast I listen to called Science of Success. Do yourself a solid and check put this podcast. I love this podcast and you will too!

 Step Outside of Your Comfort Zone

  • Setting goals is generally a good thing. (Ya, we know Mr. Dollabzz.) But it is important to step out of your comfort zone when possible and set goals that are really  challenging that will require some effort.
  • When we step out of our comfort zone and accomplish things we never thought possible is when we truly succeed. Plus it feels great!

How to Execute on Huge Goals w/ Neil Patel

  • Prepare a to do list (mini goals) and each day go over it
  • Follow the 10 minute rule: break goals down into 10 minute chunks and if after 10 minutes you have not made progress try something different
  • You dont have to take the same path everyone else does. Think OUTSIDE THE BOX and look for CREATIVE SOLUTIONS to reach your goals

Build Mental Models (Charles Duhigg is a Pulitzer Prize winning author)

  • Charles explains his take on mental models and how you can use them to enhance your focus on the right things (your goals).
  • By taking the time to plan out your days and what you expect to see, do, and have happen, you can choose what you are going to focus on and what’s most important that day.
  • Break bad habits. Find out the reward for your bad habits. Once you know why you do something (the reward), you can break that habit.
  • Build good habits like setting goals and planning. These habits will become part of your routine and become easy for you to do because well, they are habits.

So How Are You Going to Reach Your Goooooaaals?

With the new year here there is a lot of talk about setting goals which is great but goal setting can be something you do all year.

Here is a quick recap on how to reach your goals:
  • Determine your goals
  • Write them down
  • Make them timely
  • Step out of your comfort zone when determing your goals
  • Think out side the box when planning to achieve your goals
  • Break bad habits that prevent you from achieving your goals

Looking to get started on your goals?

Become an email subscriber and receive a FREE goal setting worksheet. As a subscriber you will also receive other discounts, freebies and other things you need to Get.Your.Money.Right. All for FREE!
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How To Make Money As a Secret Shopper

Dollabuzz Shows You Another Way To Earn Easy Money

Looking to make a some extra cash? Dollabuzz shows you how to combine secret shopper and survey money to cash in during your free time.

Dollabuzz readers hello and greetings! With 2018 right around the corner lets continuing with our how to make a little extra side money posts. Today Dollabuzz will show you how to make money as a secret shopper.

 

If you  been ridin with us,then you know  how to make money taking surveys. I came across secret shopper while researching how to make money taking surveys.

I  heard about making money as a secret shopper but never knew anyone who had done it. Sounds like a great idea for a Dollabuzz post. So let’s see how you can make money as a a secret shopper.

How To Make Money As a Secret Shopper Step #1

Step number one is to register at Shadow Shopper. Once you register you will receive an email confirming your registration. Once confirmed, and after you create your profile, you will start receiving emails about local jobs in the area. There are two levels of shopper status.

Bronze Status

The free Basic Bronze membership does allow you to apply for selected job listings (those posted more than 7 days ago) through the Job board, and puts you onto a list for employers to contact directly. You can also apply for Promoted Jobs (the ones posted on top of the list due to immediate need of shoppers).

Gold Status

There are four different price points for Gold status starting at $6.95 for 30 days and up to $47.95 for 365 days. Gold status provides all benefits of the Bronze membership, PLUS

  • Higher on the list for employers to contact directly to offer work
  • Access to the Mystery Shopping, Merchandising, Demonstrating, and Interviewing certifications
  • Emailed FULL job notifications of actual jobs posted in real time, or once daily, depending on your preferences.
  • Apply instantly to ANY job posted on the Job Board or from your email Inbox.

How To Make Money As a Secret Shopper Step #2

You will receive an email from a marketing rep that covers your geography. I received  notification from MarketWise Consulting Group informing me of an available jobs in my area. I was also asked to register at Gigspot and downloaded the App. Gigspot will also provide job openings in your area.

How To Make Money As a Secret Shopper Step my 1st Two Jobs

My first job was to evaluate a local dry cleaners by providing feedback on things like customer service, storefront appearance, and quality of cleaning.  I had to complete and submit a report within one week from my visit. For this assignment I would receive up to $20 for reimbursements plus $10. Not bad for an hour of work.

Who doesn’t like easy money? Dollabuzz readers like easy money. Fo $ho

The second job involved visiting a church and providing feedback about my visit. Specifically, they were asking for feedback regarding the treatment of new visitors to their church. For this feedback, you will receive $45. Hallelujah!

What I Like So Far

My first jobs were simple jobs that paid decent. Getting paid $10 for a dry cleaning visit plus reimbursement was an easy score.  I am going to get these clothes cleaned anyways. Getting paid to attend church? An easy Dollabuzz.

A higher paying job I came across requires you to be a “tough negotiator” but pays $75 a visit with up to 4-6 jobs a month! This involves negotiating the price of a car at a dealership. If you thrive at being a ball breaker, then this could be for you.

What I Don’t Like

I am wondering if the premium upgrade would be worth the $6.95 for a 30 day trial. This may provide better opportunities because a lot of the non premium jobs require quite a bit of work for only $10. For example, one job was to evaluate a gas station. You are required to take pics and buy something without reimbursement. Then you have to tell the people working there you are a secret shopper. Ya, this is not how I Dollabuzz.

In addition to being a lot of work some jobs are over 40 miles away and at $10-$15 visit, its just not worth it. I’d rather take surveys from my house and wait for another dry cleaning gig. At Dollabuzz, we don’t work hard for peanuts nah mean?

Say peace to secret shopper jobs that don’t pay much. Wait for the better jobs or upgrade your status.

How To Make Money As a Secret Shopper: Conclusion

Making money as a secret shopper is a rather simple process. Register and complete a profile with Shadow Shopper and Gigspot. Once completed, you can apply for various jobs in your area and then get paid.

I would recommend upgrading to Gold or premium status. There are better paying jobs available that are worth your time. Also, be on the lookout for random phone numbers that call you. I received a call about handing out free skin care products for $15 an hour! I would have taken this gig but I had family obligations. This gig would have paid $96.

Easy Money Take Away

Combine your Secret Shopper money with your survey money and you can make some easy cash money. We are not talking chump change either. Between secret shopper and online surveys you can make an easy $300-$400 a month. Easy money is how we like to Dollabuzz and we assume that is how our readers roll.

 

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How To Make an Easy $100 Before Christmas

Dollabuzz Shows You How To Make an Easy $100 Before Christmas

Hello Dollabuzz readers! Today we have a fun and easy holiday post so let’s get started on how to make an easy $100 before Christmas.

If you need an easy $100 before Christmas, Dollabuzz has you covered. This post will show you how you can make $100 in under two weeks if you have enough time. You can make some cash before the holiday season by completing surveys. Keep reading to find out about my experience with OneOpinion.

Have you heard about making money through surveys? I have but never paid much attention. However, after reading this post I decided to take a closer look at exactly how to and how much money you make completing online surveys.

OneOpinion: How To Get Started

I started with OneOpinion because it was easy to join and I liked the payouts. After answering a few questions, a survey will be found for you, and additional questions will be asked. The program that runs the website will match you up with a survey based on your demographics.

If by chance you are not matched up with any surveys, you will get 50 points for your time. You can earn up to 250 points a day just for applying to take  surveys.

Each survey will earn you between 500-1500 points and take 5-30 minutes. No survey is  alike and while some are fun  others seem to drag on. One word of advice though, some surveys claims to only take 15-20 mins but can take over 30 mins! The 15 mins ones are awesome and I LOVE the 500 point, 5-minute quickies.

Once you earn 25,000 points you can redeem those points for a $25 Amazon, Wal-Mart, Starbucks, Target, Home Depot or Visa card gift cards.

You can earn gift cards for completing surveys.

Remember: Be honest with your answers and don’t speed through because the surveys do throw in trick questions to make sure you are paying attention. If you attempt to speed through they surveys you risk losing your points.

How To Make an Easy $100 Before Christmas: 2 Weeks In

Two weeks in and it seems like a lot of surveys are asking about similar topics and again a few surveys  drag on. I can not get into much detail on the actual surveys but they can be very similar to one another.  Lately,  I am 10 minutes into a survey and receive a message saying, “thank you for your time but you don’t qualify for this survey.” Again, you do get to pocket the 50 points and move on.

Completing surveys through OneOpinion can generate some easy money.

Overall, this has worked out well for me. As of now, I need 3800 points before I can cash in. There are just enough fun surveys to make the boring ones worthwhile. Some surveys give you free food and an Amazon card!

How To Make an Easy $100 Before Christmas: Free Food!

One survey I really enjoyed was about a new healthy snack that was in development. I was asked numerous questions about my eating habits and at the end of the survey, I was asked if I would like to try a sample and complete a survey on this new snack. Free healthy snacks?! Feed your Dollabuzz!

In addition to earning gift cards, you can earn free food!

Snacks came today.

Today the snacks came in the mail and they were soooo good. I eat the tasty snacks over the course of two days and complete the survey. For my time I received a $3 Amazon gift card! $3 does not seem like much but I am always looking for cheap kindle books and I will be on the lookout for a $3 book.

After today I have 1000 points to go. However,  I attempted 5 surveys but did not qualify still earning 50 points a pop. On a side note, it gets annoying having to enter in demographic information every time.

How To Make an Easy $100 Before Christmas: Last Few Days

As I try to reach 25,000 points I keep getting the same initial questions about movies. I don’t watch many movies and don’t follow pop culture. I think the “thank you for your time but you don’t qualify for this survey” reflects that. Where are the fantasy football or personal finance surveys?

How To Make an Easy $100 Before Christmas: Time To Get Paid!

FINALLY! After 3 weeks of surveys, I reached 25,000 points. For my time I can select a $25 Amazon, Walmart, Starbucks, HomeDepot, Target or Visa card. Not a bad little score! Depending on how much free time you have, you can easily earn $100 in two weeks.

You can select to receive a physical old school gift card or a virtual gift card. Why wait for the snail mail when you can redeem your points and make a purchase on the same day!

Simply complete and pass the extra verification process once you have a minimum of 25,000 points, and you will be able to redeem your points for Virtual Gift Cards.

Double Up Your Dollabuzz
Double up your Dollabuzz with the help of a significant other or roommate.

Looking to earn more money? You can double up your Dollabuzz  by having your significant other or roommate take surveys as well.   Combine the cards to buy beer protein powder or other things for the house from Amazon, Wal-Mart or Target.

How To Make an Easy $100 Before Christmas: Conclusion

If you have the time, you can earn an easy $100 before Christmas.

If you average 750 points a quiz which would be a mix of 500 and 1000 point surveys you can make $100 in two weeks by completing about 10 surveys a day.  This is either a lot or little depending on your life. What if you don’t want gift cards because you want straight cash money? You can sell your gift cards.

Remember, you can earn 250 points a day just for attempting to take a survey. Yes, the surveys can be repetitive but they are easy and some are actually fun.

During this time I was studying for a CPCU exam and got a stomach bug that put me on my ass for four days. If not for that I could have probably earned $50 in three weeks even working full time etc. However, if you are dedicated and have the time, earning $100 before for Christmas can be done.

I’ll probably continue to take two surveys a day with the goal of earning $50 month in gift cards but what I won’t do is buy gifts with my credit card this year.

Have you earned money taking surveys? What is the most amount you have earned. We would love to hear about your experience!

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Dollabuzz Black Friday/Cyber Monday Deals

Is Black Friday/Cyber Monday the best time to shop?

Hello, Dollabuzz readers and holiday shoppers! Zach here trying to help you save money this holiday season. Black Friday and Cyber Monday are advertised as two of the biggest shopping days of the year. Sales are aplenty and everyone wants the “best deal”. That is great and all…but is it really the “best” day to finish, or possibly start your holiday shopping?

Are you going to join the crowds?!

The Dollabuzz Study

Over the past couple of days, we have been documenting the prices of a few different popular items.

  • Keurig K55 Brewer/Keurig K50 Brewer
  • Samsung 4K Ultra-High-Def TV
  • Fitbit Charge 2 HR
  • Yeti Rambler (30 oz)
  • North Face Men’s Resolve 2 Jacket
  • North Face Women’s Resolve 2 Jacket
  • Apple Watch S3 – 42 mm

We have been keeping track of these popular items on big retailers websites; Amazon, Target, and Walmart. All in an attempt to see what happens to prices as the prime holiday shopping season approaches. Interestingly enough, Amazon shows its dominance by being the only one to carry all the items we looked at. In those cases, we will only be to compare the price changes at Amazon day-to-day.

Amazon has been advertising their Black Friday/Cyber Monday sales well in advance.

The Dollabuzz Prediction

Going into this study, we believe that the price of these items will be inflated in the days and weeks before Black Friday/ Cyber Monday. This would then allow retailers to offer a big price “reduction” for the shopping season. The idea is that prices on Black Friday/Cyber Monday are very similar to prices in mid-July, but as consumers, we don’t notice the price has been going up.

THE DATA

Download the data below!

DollabuzzHolidayDeals_2017

This data is recent as of November 27, 2017. I will continue to update in the few days we have before Black Friday/Cyber Monday, and a few days after to see what happens! If you would like, send an email to me at Zach.Dollabuzz@gmail.com to receive the newest one as soon as I have it updated!

You will also notice there are links included just in case the price is right for you!

Week 2 Update

I have been carefully monitoring the prices of the items listed above every couple days for two weeks now. I never thought about it in the original prediction, but I am curious what will happen to prices when the shopping days are over. Some items have acted as we expected, the price has slowly increased. But there are other items, particularly the TV’s that have had large reductions in the days leading up to Black Friday.

Side Note: If anyone was in the market for any of these items, Dollabuzz has done the price comparisons for you! You are welcome!

Post-Black Friday

Taking a look at the prices after Black Friday they did jump back up a little bit. So if you are looking for something, and didn’t get it on Black Friday do not but it on Saturday because chances are you are paying more then you have to. So far on Cyber Monday prices do seem to be coming back down so if you missed out now may be the best time!

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How To Insure My Stuff

Dollabuzz Shows You How To Insure Your Stuff

Dollabuzz readers what it is?! It feels goooood to be here! I am back in study mode for the next CPCU exam. This exam is scheduled for early November and I have not been able to post much. But for this post, I wanted to tie in what I am currently studying and answer the question of “how to insure my stuff.”

Compared to buying all new stuff out of your own pocket, insurance to protect your stuff is much cheaper.

Dollabuzz is all about getting your money right and that includes protecting your stuff through insurance. A lot of people do not have adequate coverage and this is because insurance can be confusing and boring! As is the Dollabuzz way, we will explain in simple terms how to protect your stuff.

How To Insure My Stuff: Personal Property (Your Stuff)

Insurance geek speak is boring so let’s break it down the Dollabuzz way. Personal property (PP) applies to items you own or use, anywhere in the world. It can also cover the loss of, or damage to, PP of others while that property is at your crib.

How To Insure My Stuff: Homeowner

If you own your home, your stuff is insured under your homeowner’s policy, specifically under Coverage C. This coverage also covers the loss of, or damage to, PP of a guest while it is in any residence occupied by an insured. The amount that your stuff is covered for is 50% of what your home is insured for.

Under your homeowner’s policy, your stuff is insured on an actual cash value basis (ACV). ACV is simply what the property was worth right before the loss. If your couch was 10 years old and damaged in a fire, then your insurance company will pay you for what that 10-year-old couch is worth.

To replace your old stuff with new stuff you will need replacement cost coverage.

What if you want a new couch? You will need replacement cost coverage.

How To Insure My Stuff: Personal Property Replacement Cost 

If you want to replace your stuff with “new stuff” you will need to insure your stuff on a replacement cost basis. But keep in mind, certain things like antiques and collector’s items are ineligible for replacement cost coverage and therefore covered at actual cash value.

How To Insure My Stuff: Renter

If you are a renter your stuff is insured at the Coverage C limit you select which is based on the value of your stuff. As a renter, your stuff is insured on an ACV basis. However, you can upgrade to replacement cost just as you can under a homeowners policy.

How To Insure My Stuff: Jewelry and Other Valuable Items

Scheduled Personal Property Endorsement

If you have valuables like jewelry or cameras you will want that covered under a scheduled personal property endorsement. This is called a scheduled endorsement because there is literally a schedule listing what the PP is and how much it is insured for. This coverage applies on an agreed value basis instead of on an actual cash value or a replacement cost basis.

Image result for jewelry
Your bling-bling needs to be covered on a scheduled basis. Not sure what that means? Keep reading because Dollabuzz has you covered.

When property is covered on an agreed value basis, the insurer agrees to pay an agreed upon amount. To have your stuff insured on a “scheduled basis” you may need an appraisal to verify the value of your bling-bling.

How To Insure My Stuff: Side Hustle Insurance

Have a Ride Share Hustle? You Need a Commercial Auto Policy

Related image

Seems like side hustles (formerly known as part-time jobs) are a popular way to earn some extra cash money. If you drive for Uber/Lyft, deliver pizzas or drive a drunk bus your regular auto policy WILL NOT cover you and you NEEDcommercial policy.

Side Hustle From Your Home? You Need Home Business Insurance Coverage (HBIC)
Image result for home business
Home business? Then make sure you have adequate insurance.

Side hustlin’ from the crib requires HBIC to insure against business property and general liability exposures. This is an endorsement to your current policy which is cheaper than purchasing a separate business owners policy.

This endorsement also allows the full Coverage C to apply to business personal property of others in the named insured’s care and to leased personal property. Your homeowners policy may not cover the home based side hustle.

In addition to protecting your stuff, HBIC adds coverage for liability coverage that results from your work or product. Liability coverage is critical because someone can simply allege YOU harmed them which will get expensive FAST. Thankfully, in addition to paying claims, insurance companies are required to defend claims at no cost to you. Money dance!

Image result for dancing
Having insurance when you need it feels GREAT!!

How To Insure My Stuff Recap and DollaBuzz TakeAWAY

Insurance is a great way to protect your stuff and Dollabuzz. We can’t cover everything but we want to familiarize you with some of the basic concepts and if you out here side hustlin’ you need to have adequate insurance.

A great way to make sure your coverage is airtight is to talk to a licensed insurance agent. If Flo and Shaq can’t answer your questions be sure to reach out to a licensed insurance agent. An insurance agent will ensure you have the coverage that is right for you.

A licensed insurance agent will make sure you have adequate insurance.

 

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How to Invest Through Robinhood: The Holy Grail for New Investors

Dollabuzz Shows You How to Invest Through Robinhood

Robinhood is Easy To Understand and Use

Welcome, Dollabuzzers! As many of you know Dollabuzz is all about investing in the market for the long-term. Historically, investing in the stock market has been a great way to Dollabuzz. Most people invest through their employer (401k), but you can also invest through sites like Betterment and Wealthfront. But today, Dollabuzz shows you how to invest through Robinhood.

I like Robinhood for three specific reasons. Robinhood is easy to understand and use, numerous investment options, and Robinhood is commission-free. Now let’s break down each one of these and take a closer look at what makes Robinhood so special.

How to Invest Through Robinhood: Reason #1: Easy to Understand and Use

Opening a Robinhood account is really simple, and unlike other brokerage accounts, there is no minimum account deposit. This is especially great for new investors who are ambitious to learn, but hesitant in putting up a lotta Benjamin’s.

Big Ben Would Approve of Investing Through Robinhood.

Anyone who has opened a brokerage account in the past knows that it takes awhile to learn all the different functions that your account is capable of. The advantage that I believe Robinhood has is its simplicity and user experience.

Investing Through Robinhood is Sooo Easy.

Visibly, their interface only uses a handful of colors which makes navigating the site easy. They also cleaned up the “home page” reducing the numbers that are displayed. Percent change, Last Price, and Equity are readily available which is all you need. A quick glance will show you how your investments are performing.

How to Invest Through Robinhood: Reason #2: Investment Options

Currently, stocks, bonds and Exchange Traded Funds (ETFs) are the main investment options on Robinhood which is all you need to D’Buzz hard. Some of the more complicated trading vehicles like options and futures are not yet available but I am sure they will be in the years to come. For the new investor that is A-OK and will help you Get.Your.Money.Right. As Robinhood continues to grow they expand their services so new investors can grow right alongside them.

Exchange Traded Funds Allow You To Dollabuzz

So Mr. Dollabuzz what Do I Invest In?

If you are under the age of 30, ideally you should be 100% in stocks. Straight up. Bonds won’t get you where you need to go. I know that sounds crazy but you have time on your side and a long-term time horizon for the stock market will help you Dollabuzz. Now, if are more conservative that is fine. Everybody is different. I would recommend keeping 10-20% in cash so you can capitalize on any buying opportunities.

How to Invest Through Robinhood: Reason #3: Commission-Free…Yay Yay!

My favorite part about Robinhood is there not being any commission costs. If that sounds too good to be true, I applaud your skepticism. You would be correct though. There are exchange fees that you will be charged, but the costs are insignificant; especially with a small account.

Commission Free = Mo Money For You.

If you are new to trading/investing Robinhood makes it is easy to take a small amount of money, $100, plan it out, and then execute your strategy. Imagine if you had to pay $10 for each trade. Commissions would eat you alive. CHOMP! If you aren’t trading with a large amount of money commissions will take a big chunk out of your investment returns and can have a significant impact on how soon you retire. Zoinks!

Dollabuzz Takeaway

Investing in the stock market for the long-term can be a great way to build wealth and is part of the money plan. Whether it be a 401k through work or an IRA/investment account through Betterment/Wealthfront the key is to invest and invest early. The sooner you begin, the longer your money will be able to work for you, so get started today! Oh, and as an added bonus, if you refer your friends to Robinhood you can each get a free stock! Cha-Ching!

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3 CHEAP Insurance Coverages You Need

Dollabuzz Shows You 3 Insurance Coverages You Need That You Probably Don’t Have

Helloooo Dollabuzz readers! Today were are going to discuss 3 CHEAP insurance coverages you need. Everyone knows the importance of auto, life, and homeowners coverage but what about coverage for lesser known risks? Risks that can really kill your Dollabuzz?

Unforeseen risks can kill your Dollabuzz.

So what are 3 little known insurance coverages you need to maintain a strong Dollabuzz? Long term disability (LTD), flood/sewer back up, and coverage for your high value personal items. These lesser known risks are not well known but can seriously impact your Dollabuzz.

3 CHEAP Insurance Coverages You Need #1: LTD

Much like the girl next door, this important coverage is often overlooked. People buy life insurance because, well they WILL die and that is a 100% guarantee. However, no one thinks they will get banged up in a car wreck and be unable to work because that kinda stuff only happens to other people. In reality we are all other people and LTD will pay you 2/3 of your salary while you are disabled.

LTD coverage will keep your Dollabuzz STRONG.

LTD is really cheap especially if it is available through work or another group plan. A supplement to LTD is accidental death and dismemberment. Say you lose an arm in a car wreck. You will receive LTD and a payout for the dismemberment. This supplement is a nice little kicker for when life kicks you in the ass. I have LTD and accidental death and dismemberment through work but if I did not, I would start my search with Zander Insurance.

3 CHEAP Insurance Coverages You Need #2: Flood/Sewer BackUp

Flood insurance is another over looked coverage. Most people don’t know that losses due to floods are not covered under their homeowners policy. Due to the large losses floods generate, flood coverage is provided through the federal government.

Flood insurance ensures a strong Dollabuzz.

Despite living near the Gulf of Mexico 85% of homes in Houston did not have flood insurance. One reason is people feel its “expensive.” I know flood insurance can be “expensive” but its a lot cheaper than losing everything. Your house is your castle so protect it like House Lannister. It is also worth noting that even when surrounding areas receive little rain, localized flooding does occur.

In addition to flood insurance, it is important to have sewer backup coverage as well. This provides coverage in the event rains causes sewers to back up into your house. This kind of loss is not covered by flood insurance. The insurance company may attempt to deny the claim saying the city or municipality is responsible for maintaining appropriate sewers. Sewer backup coverage is not offered by all carriers and may require shopping around but is strongly recommended.

3 CHEAP Insurance Coverages You Need #3: Coverage for Valuable Items.

Attribution: Splashy Splash

Coverage for valuable personal items is known in geek speak as Inland Marine (personal effects coverage). This “coverage floats with you wherever you go.”  Owning a chain like 2 Pac when he was on Deathrow or simply 2 chains, you need this coverage. Your homeowners policy will only provide coverage for $1500 or $2500 for jewelry so additional coverage for that Pac chain is a must. State Farm provides a nice overview of available coverages.

3 Cheap Insurance Coverages You Need Recap

At Dollabuzz we help our readers Get.Their.Money.Right (GYMR). GYMR also involves protecting what you have and supporting your money plan. You worked hard for that house and chain so make sure you have adequate coverage. LTD will help ensure you can pay the mortgage and buy a new chain if you become disabled. Check with your insurance agent about these important but CHEAP insurance options. Yay Yay!

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How to Save Money Buying Makeup

Dollabuzz Shows You How to Save Money And Look Great

At Dollabuzz we are always on the lookout for your financial well being. Yes, I know Dollabuzz is about personal finance for young adults, but in the spirit of keeping this blog entertaining for my readers, and stepping out of our comfort zone, we decided to go in a different direction for today’s post. Today, we show you how to save money buying makeup. Saaaaaay Whuuutt?!?!

Dollabuzz will show you how to be #GlamSavy

A post on makeup?!? Cmon Mr. Dollabuzz maaaine! Makeup..for real? Yes, for real. We can write about credit card debt or borrowing money to buy a car  and a Money Plan but that ISH gets STALE and my readers demand to be entertained. So, today we have a post for our women readers who want to look their best AND save money which is what we call #GlamSavy. Dollabuzz will show you how to save money on your eyes, lips and face (E.L.F.)

Dollabuzz will show you how to save money on your eyes, lips and face.

How To Save Money Buying Makeup: Eyes, Lips, and Face (E.L.F.)

This Get.Your.Money.Right journey began at the Ulta near my house and speaking with Jamie, the Prestige manager. Ulta is divided into the Prestige counter and the Drugstore counter. Since we are here to save some dolla dolla bills and have YOUR makeup lookin like da Shiznit we headed to the Drugstore counter.

Jamie brought me to the E.L.F. section and raved about E.L.F. as having high-quality products, including good quality brushes. Jamie mentioned the E.L.F. brushes are his favorite and the makeup is great too.

Next, Jamie suggested subscribing to E.L.F. emails to receive coupons and special sales. Upon returning home and visiting the E.L.F. site, I noticed a free 3 piece beauty set on orders of $25. Just visiting their site will save you money!

The first time I visited their website, E.L.F was saving me money with a 3 piece beauty set.

Next, I subscribed to their email listing and the first email I received had the following:

Free shipping IS gorgeous.

Hello, gorgeous. Who doesn’t love a compliment like that?! E.L.F. is right, I am gorgeous. Uh, Mr. Dollabuzz. This is just an automatic email. E.L.F. does not know if you are gorgeous or swan dived out of the ugly tree. Whooooa voice in my head! If you think you are gorgeous then you are. Don’t rain on my self esteem parade. Back to gettin money. Free shipping on my 1st order? Cha – Ching!

How To Save Money Buying Makeup: Join the E.L.F Beauty Squad

Joining the Beauty Squad allows you to save even more money.

Joining the E.L.F Beauty Squad allows for you to save more money through the accumulation of points. Points are earned by making purchases, word of mouth and social media doings. For example:

  • 5 points for sharing our posts on Facebook
  • 5 points for sharing our tweets on Twitter
  • 10 points when you follow us on Instagram
  • 150 points when you refer a besty, BFF, or side piece.

In addition to explaining all the positives of E.L.F., Jamie recommended a few products. Since I do not wear makeup it would be difficult for me to review the products. However, I did check the Amazon reviews of the products and include the rating along with the price. Here is a list of products he recommends with links to purchase them through Amazon:

How To Save Money Buying Makeup: Eyes

“I think the eyes flirt most. There are so many ways to use them.” -Ann Held

Price: $6.99 Rate: 4/5

Shadow Lock Eyelid Primer, Pearl

This light-weight formula ensures a long-lasting look, without creasing.

Prism Eye Shadow

Price: $10 Rate: 4.6/5

These shades go on like a powder, but feel creamy and pigmented. The neutral palette is great for going from day to night; apply dry for a slight shimmer, or use wet for an intense look.

Waterproof Lengthening and Volumizing Mascara

Price: $6.00 Rating: 3.5/5

This quick-drying formula creates thicker and fuller lashes. The enhanced brush head allows for better application and control.

How To Save Money Buying Makeup: Lips

“Girls, Girls, Girls.. Long Legs and Burgundy Lips”- Motley Crue

E.L.F Lip Lock Pencil

Price: $7.50 Rating: 4/5

Keep your lip color from bleeding outside the lines with this clear formula…great for any skin tone! No sharpening required.

E.L.F. Feather Proof Moisturizing Lip Liner

Price: $7.50 Rating: 4/5

Long lasting hydrating pigments that never feather or bleed out.

How To Save Money Buying Makeup: Face

“Shes not just a pretty face shes got everything it takes” – Shania Twain

-Aqua Primer Mist:

Price: $8.00 Rating: 3/5

This silicone and alcohol-free primer readies the skin for foundation (or bare face) with enriched vitamins and antioxidants, creating a supple and dewy effect.

“Gotta be hydrated”

https://www.elfcosmetics.com/p/aqua-beauty-primer-mist

E.L.F. Cosmetics, Flawless Finish Foundation, SPF 15 Sunscreen, Oil Free:

Price: $20 Rating: 4/5

This semi-matte finish is light-weight and applies with ease and leaving you with an air-brush look. Now that’s putting your best face forward.

E.L.F Ultimate Blending Brush

Price: $6.00 Rating 4/5

The packed bristles and large dome-shaped head allow for effortless application with professional looking results. Can be used with several products and consistencies.

E.L.F Eyeliner

Price: $6.00 Rating 4/5

Achieve color intensity for your eyes with this soft gel liner and best of all no sharpening required!

How To Save Money Buying Makeup

What started out as a trip to Ulta turned into a post about E.L.F products. E.L.F  offers quality makeup at a great price. E.L.F has specials and sales on various products exclusive to their email subscribers. In addition, joining the Beauty Squad allows you to save even more money. Whether you are buying your favorite color lipstick or going for a new look this season be sure to check out E.L.F. and all the great products they offer.

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How To Make Money Off A Stock Tip

Dollabuzz Shows You How to Make Money Off a Stock Tip

Dollabuzz readers what it is what be!? Today we discuss how to make money off a stock tip. Dollabuzz has covered opening a traditional investment account such as a  401k or a Roth IRA. How about taking on a little more risk for the chance at a greater return? Suppose you discover a hot stock tip. How do you capitalize on this information and get paid?

You capitalize by purchasing call options. If you are new to investing through options a good place to start is with an in depth review of options.

There are numerous option strategies but we want to keep this post as simple and short as possible. Therefore, we will focus on one aspect of options (buying “calls”). In this post, Dollabuzz will provide an easy three step overview of how to make money off a stock tip by purchasing call options.

The first step is opening a brokerage account, step two is buying calls, and the final step is locking in your gains by “selling to close.” Let’s see how to make money off a stock tip by walking through an actual trade I made.

What Are Options: A Get Money Overview

Options: A Contact That Gives You Rights

When buying call options you are buying contracts and one contract is equal to 100 shares. This contract gives you a right to purchase shares of stock at a predetermined price (strike price). This right expires at a specific future date (expiration date). For this right, you pay a premium to the seller. As the stock price rises, so does the value of the premium. Money is made when you sell your right for a premium that is higher than what you paid for it. Sounds simple, right?

Two Advantages of Call Options

Two advantages to investing through options are less risk and the power of leverage. Call options are less risky because you can only lose as much as you paid for the premium. Leverage allows you to control a large number of shares on the low. For example, in this trade, I pay a premium of $219 to control 300 shares of stock. If I were to buy 300 shares of stock it would cost me about $2500.

Key Definitions That You Need To Know

Call Options

If you think the share price of a stock will increase you buy call options.

Strike Price

The strike price is simply the price you have the right to purchase the stock. Strike prices higher than the current share price are “out of the money.”

Expiration Date:

The date that the contract expires or becomes worthless.

How to Make Money Off a Stock Tip Step #1: Open a Brokerage Account

There are numerous online options and you will need to complete paperwork acknowledging the risks associated with options trading. About $500-$1,000 investment is needed to start. But to get RICH off of one stock tip you’ll need a few thousand dollars. Remember: Never invest money you can’t afford to lose.

How to Make Money Off a Stock Tip Step 2: Your Call Strategy

Important Information for this Example

  • Date: 9.1.17
  • Stock: NEOS Therapeutics Inc (NEOS)
  • Stock Price at Time of Trade: $8.32
  • Options Purchased: $10 calls expiring on 10.20.17. Please note the $10 strike price is “out of the money.”
  • Premium paid: $219 for 3 contracts (300 shares)

What the hell does all this mean? I just wanna make some money!

Great question! What this trade says is that I think by 10.20.17 the share price of NEOS will be $10 which is a 20% increase. I bought (paid a premium) for the right to control 3 contracts (300 shares) at $0.70 a share for $210 plus $9.00 commission. As the share price increases so does the premium associated with these contracts and this is where money is made.

Initiating the Trade: Learn With Virtual Money

Before investing with real money it would be a Dollabuzz move to practice buying calls online with virtual money. For those new to investing, buying calls can be confusing. Therefore, learning the rules and placing trades with virtual money is highly recommended. Once you get the hang of it, the next step is to execute the trade with real money. Here the steps needed to execute your trade.

  1. Enter ticker symbol
  2. Pull up “options” chain
  3. Look for strike price of out of the money
  4. Select desired strike price
  5. Select “buy to order”
  6. Enter number of contracts
  7. Set price to pay for each contract
  8. Review and hit enter

How to Make Money Off a Stock Tip STEP 3: LOCK IN GAINS

Now that you have a position you really need to monitor it closely. As the stock price increases so will the premium you paid. NEOS is expected to announce positive results around September 15th and closing my position on or around that time is my exit strategy. It is important to determine your exit strategy BEFORE investing. What gain or loss are you willing to accept? That is your strategy.

You Can’t Go Broke Taking Profits

A premium can decrease in value just as quickly as it increases. It is important to monitor your position closely and be ready to lock in your gain. If the trade is not working as planned, you can always “sell to close” and exit your position.

How To Find stock tips

How to find stock tips is a common question we come across. This stock tip came from Seeking Alpha (SA). SA is an investment blog whereby people post their thoughts and ideas on investing. One SA blogger I follow is Bret Jensen and his recent post inspired today’s trade.

How to Make Money Off a Stock Tip: Conclusion

Investing through options involves selecting the right stock and having belief in yourself. Ideally, you need a stock that will go up and go up fast by a specified date. The first step is opening a brokerage account. The second step is buying calls and the final step is locking in your gains by “selling to close”.

There numerous option strategies and the one presented here is a simple beginner strategy. If you are looking for an easy read on investing through options be sure to check out Understanding Options by Michael Sincere. It is a MUST read and a great resource. I used this book to learn how to invest in options and reference this book quite a bit.

Purchase the book here

and for your reading device

 

 

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Mindset: The Psychology of Success

Dollabuzz Your Mindset For Success

I got my mind on my money, my money on my mind….oh hey wassup Dollabuzz readers! As I write this, I am thinking about money, Dollabuzz, and listening to Gin and Juice . Ahhh, the early 90’s when Snoop D-O-Double- G was just a young G. Anyways, back to the lecture at hand. A STRONG Dollabuzz requires the right mindset and that is why I read Mindset: The Psychology of Success by Dr. Carol Dweck.

Having the right mindset is key to a strong Dollabuzz

Dr. Dweck shares her research about the fixed and growth mindsets and how a simple belief about yourself guides a large part of your life. This post will discuss how these mindsets impact our Dollabuzz. Keep reading and I’ll show you the Dollabuzz mindset and why you should buy and read this book.

The Psychology of Success: How the Fixed Mindset Kills Your Dollabuzz

The fixed mindset? You’re losin’ me bro. Stay with me. The fixed mindset is that little voice of doubt in our head. We all have that self-doubt in our head and it manifests itself in different ways. Maybe you don’t go to the after party because you won’t know anyone and it’s out of your comfort zone.

The Fixed Mindset Kills Your Dollabuzz

If you have a fixed mindset you may be afraid to try something new and make excuses to protect your confidence. You say things like “I’ll always be broke” or “only rich people retire.” People with the fixed mindset are always right, don’t like criticism, and try to explain failures away. Using excuses will prevent you from achieving your goals.

The 3 da’s: Coulda, Shoulda, and Woulda

The fixed mindset is full of excuses.

At Dollabuzz we refer to common excuses of the fixed mindset as the “3 da’s.” I coulda got his or her phone number. We shoulda invested in stocks. The Detroit Lions woulda won the Super Bowl. Yadda, yadda, yadda. Dr. Dweck explains that fixed mindset people have inflated views of themselves, their abilities, and when they don’t succeed a built in excuse (the three da’s) are right there to make them feel good. Don’t let these excuses kill your Dollabuzz.  However, and I hate to point out the obvious but, a GREAT da is Dollabuzz. See what I did? Ta-da!

The Psychology of Success: The Growth Mindset Will Help You Dollabuzz

The growth mindset relies on hard work and determination
It’s important to know that we all have a fixed mindset. But don’t forget that we can move to the growth mindset as well. Dr. Dweck states that “your efforts, strategies, and the passion for stretching yourself and sticking to it when it’s not going well is the hallmark of the growth mindset.” Expressions like “work harder and smarter” and “if at first you don’t succeed” are the heart of the growth mindset. Enough of the textbook geek talk and let’s see the growth mindset in real-world action.
My Growth Mindset and Dollabuzz
Last year we purchased a rental house for $45,000. My fixed mindset said what if you can’t find renters or they trash the place? The growth mindset said we’ll make the house nice so it will attract good tenets. Guess what? The house is nice and we have good tenets.
 
My fixed mindset said “you know nothing about blogging” and “no one will read it.” But now, the blog is up and running and I am writing about topics I am passionate about. My fixed mindset gave me every excuse not to do something but my growth mindset took over and allowed me to Dollabuzz.
Why You Should Read Mindset: The Psychology of Success by Dr. Carol Dweck
Dr. Dweck does a great job providing numerous examples of the fixed and growth mindsets. These examples include stories from everyday people to sports and business icons who have failed or succeeded based on their mindsets. Dr. Dweck shows how we move in and out of our mindsets and the importance of knowing when we are in the fixed mindset.
A strong Dollabuzz is not easy and requires us to thrive when challenged and embrace failure (growth mindset). Most people are not born with a Dollabuzz and have to WORK at it through discipline and developing their skills to get their money right. I highly recommend the book which you can purchase for your Kindle here 
or the book here

 

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