November Side Hustle

Swago And Spin and Win For October


The digital rewards site Swagbucks is celebrating the fall with another big “Swago” promotion starting Monday, October 9th at 9am PDT! Swago is just like bingo, but in this case you’re filling out squares as you earn points on their site for doing things you already do online. If you’re thinking of trying Swagbucks, this is a great chance to learn all about how the site works and earn bonus points while doing it, meaning you can get more gift cards faster. Here are a few tips:

  • Each square on your Swago Board will contain an action item to complete. They can be anything from getting a search win, completing a survey, or just visiting one of our popular stores!
  • Once you complete the action item in a particular square the square will change color signifying the action item is complete.
  • You have until 12pm PT/3pm ET on Monday, October 16th to mark off as many squares as possible so use your time wisely.
  • Be mindful of the patterns and their corresponding bonuses located on the right of your Swago Board. The patterns will vary in difficulty and bonus value. Once you’ve achieved a pattern, the corresponding “Submit” button will light up. You can have multiple patterns available for submission, however, you can only submit ONE pattern so choose wisely.
  • Each activity you successfully complete on your Swago Board will give you anywhere from 1-20 spins on the Spin & Win Wheel. PLUS, when you submit your board for a bonus you’ll get additional spins. The number of spins will depend on the pattern you complete. The wheel has all sorts of great prizes that you can win, and each spin is a winner!

The Spin & Win Wheel will be available all throughout Swago and you have until 11:59pm PT on Monday, October 16th to use all your spins.

Fill up your board and then submit your pattern to get even more points – if you can fill in the whole board, you get a 500 SB bonus, which is enough for a $5 gift card from the retailer of your choice.

Click here right now and click “Join” to get started! If you don’t already have a Swagbucks account, you’ll be able to quickly sign up; PLUS, if you earn 300 SB before the first of next month, you’ll get a bonus 300 SB!

The previous was a sponsored post.

November Side Hustle

Halloween Sale on Swagbucks Shop


Now that Halloween is almost here, Swagbucks has increased cash back at a big group of their Halloween-related stores, so you can earn cash back while getting costumes, decorations, and more for the end of the month. Just click here to see the deals, and sign up for Swagbucks (if you haven’t already) to start earning cash back in the form of SB points, which you can exchange for gift cards or PayPal cash.

The sale is going through October 31st, and if you sign up through me, you’ll get a 1000 SB rebate ($10) after your first shopping purchase through Swagbucks!

The previous was a sponsored post.

November Side Hustle

Earn a $3 Bonus For Signing Up With Swagbucks in October


If you haven’t tried Swagbucks before, you can get a bonus $3 for signing up during October as part of their Three for Fall promotion. Swagbucks is a rewards site where you earn points (called SB) for things you’re probably doing online already, like searching, watching videos, discovering deals, and taking surveys. Then you take those points and exchange them for gift cards to places like Amazon, Starbucks, Walmart, Target, or PayPal cash.

When you sign up through me this month, you can earn a $3 bonus! Here’s how:

1. Sign up using this link

2. Earn 300 SB total before 11/1/17. You’ll get a $3 (300 SB) bonus for it!

3. If you want even more bonuses, you’ll get a $10 (1000 SB rebate) bonus for making your first shop purchase! That’s in addition to the SB you earn for every dollar you spend.

That’s it. It’s super easy, and Swagbucks is for real. I use it myself, and I’ve earned more than $1,900 over the past few years. I’ve made much of that in just the past two. All it takes is signing up and perseverance to start building up a nice sum of money that can grow over time. I usually use my SBs to get PayPal cash. However, there are some other great options that you can use depending upon what you like. Be sure to sign up today to have the maximum time available to earn the bonus! You can probably earn it just be searching for a month.

November Side Hustle

When Side Hustling, Persistence Pays Off

Few people need a reminder that the corporate world is fairly unstable. 50 years ago, people could get a good job with a good company and retire with a pension. Today, this loyalty is a thing of the past. Pensions are going the way of the mastadon and the woolly mammoth. This is why many workers today have started side hustling.

What Is Side Hustling?

Side hustling is a marathon, not a sprint.

 

Simply put, side hustling is the act of trying to make money outside of a “normal” 9-to-5 job. Not only is the job market unstable with people averaging about 12 jobs over their lives, wages have stagnated when figuring inflation into the equation.

Only recently did the per capita household income exceed the purchasing power that families had in 1999. Between 1999 and 2012, households lost about $5,000 in purchasing power.

 

With jobs paying less and layoffs and downsizing distinct possibilities, it’s a good idea to have a side hustle to bring in extra money. This extra money could help a family pay bills, pay down debt, or save for the future. A side hustle might not need to bring in thousands each month to make a sizable difference in your family’s budget.

Even an extra $50 or $100 can start to make a difference. If you’re able to pay all of your bills and make minimum payments on your debt, that $100 could help you build up an emergency fund of $500 or $1,000 that could help you avoid going into debt to pay for an emergency.

When my first kid came along, I was bringing in less than $30,000 a year. I needed a side hustle, and I’ve been trying to make money online ever since. I’m working on paying down the last few thousand from my graduate school and trying to invest at the same time. I’d be unable to do so without bringing in some side hustle income.

What Types of Side Hustling Are Feasible?

There are lots of ways that you can make money from side hustling. I noted several of these on this list post about ways teens can make money in the summer.

Getting a second job is possible for many people. This might involve flipping a few burgers, stocking a few shelves, or delivering a few pizzas. You might feel like this work is beneath you. It’s not. If you’re in debt or you have no retirement savings, just a few thousand extra bucks each year can be a big help.

It’s also possible to create a second (or third, or fourth) job. For example, I’ve noted on here that my blog is a sort of a side hustle. It makes me a few bucks each month. I don’t get rich from it (at least not yet), but it brings in a few bucks each month.

I also do some freelance writing that brings in a few more dollars a month. Watching videos and searching the web also bring in a few bucks a month. Put all of these side hustles together, and I brought in a bit more than $400 in side hustle income in August 2017. I’ve made even more in the past when I wasn’t publishing it on this blog.

Persistence Pays Off

Personal finance is not a sprint. It’s a marathon if you have the good fortune of living a life that reaches a relatively normal length. It might be tempting to quite side hustling if you’re only making $50 a month. It’s important to remember the power of a dollar so that you can stay motivated.

A dollar a day in extra income that you can invest will add up to $365 at the end of a year. If you then invested that and got an 8% return, after a year, you’d have $394.20. But, it get’s even better. If you keep up with saving another dollar each and every day, you’d save another $365, which would make nearly $760.

If you can keep this up for 50 years, saving just a dollar a day and earning an 8% return, you’d be pushing a nest egg of $300,000. A dividend yield of 4% on that $300,000 would throw of $12,000 in passive income at this point.

Double the investment to $2 a day for the same period of time, and you could get $24,000 in passive income. And remember, passive income is the best income. Of course, getting a later start will mean that you’d have to make and save more than $1 a day more than your bills to get this far ahead.

Regardless, a side hustle could definitely bring in more than $2 a day if you play it right. Even answering a survey or two could lead to that much. Figuring out a side business where you could write on the side or walk dogs or mow lawns might mean that your side hustling could bring in several hundred a month. Even starting a blog (affiliate link) could wind up being a profitable side hustle.

Side hustling is not likely to make much in the first few weeks. However, each and every dollar is an important building block in your road to financial stability and eventual financial freedom. Don’t get discouraged if you only made $5 this week. Try to make $6 next week. The future you will be glad that the present you did, especially if you don’t spend all of that money.

Keep Up With My Progress

If you’d like to follow my progress each month, be sure to go to the top of the page and sign up for updates. You can also follow me on Twitter.  

Also, if you could share this latest update below via Twitter, Facebook, or any other social media platform, it would be much appreciated. I want to inspire others to improve their finances. I also want to show them some easy ways that they can do so.  Just click on the “Share This” link at the bottom of this post!

Disclaimer: This site has affiliate links. If you decide to sign up with one of these affiliate links, I may be compensated. I appreciate any support you might provide.

November Side Hustle

Use Swagbucks For Disneyland Tickets


Swagbucks, the online rewards site where you earn cash and free gift cards for the everyday things you do online, has added Disneyland eTickets to their lineup of rewards!

If you haven’t used Swagbucks before, here’s how it works: You get points (called SB) for things like online shopping, discovering new products and services, answering surveys, watching videos, and even searching the web. Then you redeem those points for gift cards from places like Amazon, PayPal, Walmart, Target, Starbucks, and now you can redeem them for tickets to Disneyland!

For you Disney fanatics out there who are planning a trip to The Happiest Place on Earth, Swagbucks is a great way to stretch that travel budget further. You can earn while booking your hotel, get gift cards for travel and restaurants while you’re away, or just offset the cost of the tickets using your SB points!

Here’s some information from their FAQs about it:

How will I receive my eTickets?
These are electronic tickets that will be delivered to you via email.

Where can these eTicket be used?
These eTickets are specifically for use at Disneyland Resort in Anaheim, CA, and cannot be used at Disney World in Florida, or at any Disney Stores or other Disney resorts. Tickets cannot be used for admission to special events (ie. Mickey’s Halloween Party).

What type of eTickets does Swagbucks offer?
2 Day, 1 Park, Child (ages 3-9)
2 Day, 1 Park, Adult (ages 10+)
2 Day, Park Hopper, Child (ages 3-9)
2 Day, Park Hopper, Adult (ages 10+)
3 Day, 1 Park, Child (ages 3-9)
3 Day, 1 Park, Adult (ages 10+)
3 Day, Park Hopper, Child (ages 3-9)
3 Day, Park Hopper Adult (ages 10+)

What happens if I redeem for the wrong ticket?
These eTickets are non-refundable. Please make sure you are redeeming for the correct ticket and pay close attention to the type of ticket you are selecting, as there are different tickets depending on the amount of days you wish to attend the park, the type of ticket (one park per day vs. Park Hopper), and the age range the ticket is for (adult vs. child). Adult tickets are for ages 10 and up.

Also, please keep in mind it may take a few business days for you to receive your eTicket, so be sure to give yourself enough time when redeeming before you plan to visit the park.

The previous was a sponsored post.

November Side Hustle

August Swago From Swagbucks


Swagbucks is holding their Swago promotion starting Monday, August 28th at 9am PDT! It’s just like bingo, but in this case you’re filling out squares as you earn points on their site for doing things you already do online. If you’re thinking of trying Swagbucks, this is a great chance to learn all about how the site works and earn bonus points while doing it.

The best part is that the points you get can be used to get free gift cards to places like Amazon, or PayPal cash!

Fill up your board and then submit your pattern to get even more points – if you can fill in the whole board, you get a 500 SB bonus! That’s enough for a $5 gift card in their Rewards Store.

Click here to sign up and get started! If you sign up through my link and earn 300 SB before the first of next month, you’ll get a bonus 300 SB!

The previous was a sponsored post.

November Side Hustle

Earn Bonuses On Swagbucks With July Swago


Swagbucks is holding their Swago promotion starting Monday, July 24th at 9am PDT! It’s just like bingo, but in this case you’re filling out squares as you earn points on their site for doing things you already do online. If you’re thinking of trying Swagbucks, this is a great chance to learn all about how the site works and earn bonus points while doing it.

The best part is that the points you get can be used to get free gift cards to places like Amazon, or PayPal cash! I generally choose the PayPal cash, which I transfer to my bank account to use for just about anything that I want, including investing.

Fill up your board and then submit your pattern to get even more points – if you can fill in the whole board, you get a 500 SB bonus! That’s enough for a $5 gift card in our Rewards Store.

Click here to sign up and get started! If you sign up through my link and earn 300 SB before the first of next month, you’ll get a bonus 300 SB!

I’ve earned more than $1,700 via this great site for doing things that I’d generally do anyway. It’s a great way to supplement your income in your spare time, and I highly recommend it!

The preceding was a sponsored post.

November Side Hustle

Travel Hacking: My Introduction to a Great Opportunity

Disclaimer: Some of my links on this site are affiliate links. I may receive compensation should you choose to sign up using them. I appreciate any support. One of the coolest opportunities that is out there for most people is travel hacking. This “hobby” gives ordinary people who are far from trust fund babies like Donald Trump’s or Bill Clinton’s kids the chance to get out and see the world without spending a fortune. I had no idea that it even existed until I was well into adulthood, but I soon learned that it could really benefit me.

My Idea of a Great Vacation as a Kid

When I was a youngster, I really enjoyed going to amusement parks. My family went to Kings Island in Ohio just about every year in my youth. I really liked it and pushed to go back. My youth group at church would go. My family would go. Some years, we’d go to Kings Island and Carowinds in North Carolina if we were lucky. My parents got bored with the whole “let’s go back to Kings Island” spiel, but it’s what I was comfortable with. I went on a few trips to church camp and three trips in high school, one of which took me to Arizona, that I really enjoyed, too. Flying across the world never really crossed my mind at this point.

The Eiffel Tower at Kings Island
Replica of the Eiffel Tower at Kings Island in Mason, OH

My Introduction to the World of Travel Hacking

After I proposed to my now wife, I set toward planning a honeymoon. I’d never been outside the US at this point, and we decided upon a week in Cancun. This would be my very first time ever on a plane. It would also be pretty much the last vacation that I’d pay full price for. About this time, a new accountant started working at my office. This guy told me he’d been to Hawaii. FOR FREE. I pretty much thought this was an impossibility, but I asked all about how he got to a tropical paradise that I figured I’d never visit because of the cost.

Enter Marriott Rewards

He then proceeded to tell me about the Marriott Rewards program. Needless to say, I wanted to learn more. He told me about the vacation package that you could get through Marriott’s loyalty program. Enough points would give you a free week at a Marriott hotel and frequent flyer miles to get you there. Wow. How can one get these here Marriott Rewards points? I wondered.

He then told me about the Marriott Rewards credit card that gave you points every time you stayed in a hotel owned by Marriott and a point for every other dollar you spent. Beside that, if you got approved for the card and made a single purchase, you’d get a bonus of 10,000 free points. This bonus is laughably small compared to what Marriott offers today, but back in 2003, it sounded like a good idea.

My First Travel Card

I talked to the new wife about this idea. She was cool with it, so I ditched my old AT & T Universal card that acted as a calling card and a credit card (I’d gotten it before the days of anyone and everyone having a cell phone. People actually used pay phones and hotel phones in those olden days). I applied for the Marriott Rewards card. I excitedly used it as soon as it came in to get the bonus points.

Not long after, we decided that perhaps my wife could qualify too. We saw an ad for 20,000 bonus points after the first purchase, plus a FREE NIGHT. We thought this was a great deal. Again, this bonus is pretty laughable compared to what’s available today. The newer Marriott Rewards Premier card now offers 80,000 bonus points after spending $3,000 in three months. It also offers a free night to offset each renewal of the annual fee.

Off to Hawaii Via Marriott Rewards

It took more than two years of spending on the card, the two bonuses, and staying at Marriott hotels when out of town to build up nearly enough to pay for a week at the Waikiki Beach Marriott Resort & Spa in Honolulu. Back in those days, seven nights at what was then a category 5 hotel took 110,000 points. I was just short and bought a few thousand points to make it happen.

My account didn’t have enough to get the package deal with the airline miles, but I did get tickets for $448 from my small-town airport in the Eastern US. I also had a $50 coupon for a United flight from an Entertainment book that I bought to get buy-one-get-one deals at restaurants. This brought the final cost for $398 for each ticket to Honolulu. Needless to say, I thought this was a big score. I got to Hawaii for about $1,200 total and got to stay in a nice resort.

Travel Hacking Since

In those early days, I rarely got new credit cards, thinking it was a good idea to avoid having too many. I’d heard that too many would hurt your credit score. If you’re responsible with them, they really don’t. It took me several years to get enough miles and points to get my next trip, which landed me at the Renaissance Aruba Resort and Casino, another Marriott property in a tropical paradise.

CasaMagna Marriott Resort Puerto Vallarta, part of a travel hacking trip
Entrance to CasaMagna Marriott Resort, Puerto Vallarta (photo, again by your’s truly) I actually paid for this hotel, but got my flights for taxes only.

Since the trip to Aruba, I’ve been more aggressive with the travel rewards cards. I’ve earned bonuses from the new Chase Sapphire Reserve, as well as the older, but still good, Chase Sapphire Preferred, and the Chase Freedom. An upgrade with a new Marriott Rewards Premier card also earned me a hefty bonus. I’ve been able to take highly discounted trips to Los Angeles/Disneyland, Paris, and Mexico over the past few years. Additionally, I’ve got another trip to Europe planned with points and miles taking care of most of the cost.

Bottom Line on Travel Hacking

If you’re responsible with your finances, and you can pay off all of your credit card bills every month to avoid interest costs, you too can travel the world. Signing up for one of the cards listed above can be a good start that can help you achieve some dreams you might have thought outside your ability to achieve. Travel hacking has changed over the past couple of years, and it’s more difficult to score as many bonus points. However, the opportunities that remain are definitely worth taking advantage of.

Have you been able to take advantage of travel hacking? If so, let me know in the comments. Also, be sure to sign up for updates by filling out the email form at the top of the page or follow me on Twitter.

Disclaimer: Some of my links on this site are affiliate links. I may receive compensation should you choose to sign up using them. I appreciate any support.

November Side Hustle

How To Get To Israel Cheaply

There are few places on earth that hold the special place that Israel does for Christians (and Jews). When it comes to taking a pilgrimage to a religious site, none will rank higher than the geographic location that Jesus actually inhabited during his time on earth. Here are some tips that can help you get to Israel without totally breaking the bank.

Most Christians will likely think that getting to Israel is beyond their means. This is not necessarily the case, and singles and couples can find it fairly easy to check Israel off of their travel bucket lists with fairly small out-of-pocket expenses. Even families have options that can help them alleviate many of the costs. The following post will look at 1. How to get to Israel with frequent flyer miles, 2. Cutting down on lodging costs, and 3. Saving money on day trips from Tel Aviv to some of the leading sites within Israel.

How To Actually Get To Israel

The first step to take when looking at how to get to Israel cheaply is to find out what airlines will actually get you there from the US. Fortunately, there are three major alliances that allow travelers from the US to get to the Holy Land without actually flying on United, Delta, or American all the way over. With partner airlines, it is possible to fly to Israel without breaking the bank. Unless you’re looking to stop over in a European city that allows for cheap flights to Israel from the continent, you’ll probably be better off using Star Alliance, which is United’s partnership, or SkyTeam, which is Delta’s. You’ll want to search for flights to Tel Aviv (TLV), as it is the main airport in the country.

It should be possible to get enough frequent flyer miles to travel to Israel with one or two credit card signup bonuses. United will get you to Tel Aviv for 42,500 miles and $5.60 in economy class, depending upon the airport you leave from. Periodically, the United Mileage Plus credit card will offer a signup bonus of 50,000 miles, and this cache of points would pay for a one-way ticket on its own. It’s also possible to get to TLV for 35,000 Delta SkyMiles and $167 or to get back for the same number of miles a $208.49.

Have Plan, Will Travel

Once you have a plan in place, you can start to look for actual flights to get to Israel. Note the image below that shows a flight from the US to Tel Aviv on United in April 2017 for 42,500 Mileage Plus miles and $5.60. I chose to search from Fargo, ND, to show that it’s possible to get to Tel Aviv on points without departing from a major hub.

United Airlines flight to Tel Aviv
Fargo to Tel Aviv, on United Airlines award ticket

American Express frequently offers bonuses that are higher than the 35,000 needed for a one-way flight to or from the Middle East on a Delta credit card. Additionally, both American Express and Chase offer flexible points programs that allow for transfers airlines that could help. Both of these programs allow for trasnfers to the Flying Blue program that’s run by KLM and Air France. Flying Blue treats the Middle East as part of Europe so it might be possible to save points this way. The Chase Sapphire Preferred offers 50,000 bonus Ultimate Rewards points after spending $4,000 on the card in the first three months after approval. The annual fee of $95 is waived for the first year.

Staying In Israel

There are some pretty reasonable lodging options in Tel Aviv. Expedia lists several apartment options. The cheapest rate for one of these apartments is lower than $100 a night for Spring Break. There appear to be similar options available for Jerusalem although they are fewer in number. Those who want to stay on points at the same time could have nearly enough for three free nights at the Sheraton Tel Aviv just by meeting the minimum spending for the Starwood Preferred Guest credit card from American Express.

Get To Israel, Then Use Free Nights

It would also be possible to get two nights from the signup bonuses from the Marriott Rewards Premier card or the IHG Rewards card. The Marriott card has an $85 annual fee, but you could use its 80,000 point bonus in coordination with the Starwood bonus to get five nights at the same hotel in Tel Aviv. Marriott recently bought out Starwood, and it offers the fifth night of a stay on points for free. The Hilton properties that are available would be cost prohibitive when paying with points, but the Hilton HHonors Reserve card offers two free weekend nights for a $95 annual fee. All of these cards could be mixed and matched to extend the length of your free stay.

Get To Israel, See Temple Mount in Jerusalem
The Temple Mount in Jerusalem CC BY-SA 4.0 via Andrew Shiva, Wikimedia Commons

When considering how to get to Israel cheaply, lodging is definitely a portion of the expense that you need to take into account. On that note, the Barclaycard Arrival Plus card offers users at least $530 of free travel that could go toward lodging or the taxes that arise from flying to Israel, but this might also be useful for another purpose as noted below. When thinking about where to stay in Israel, remember that Jerusalem is going to have more of the holy sites, while Tel Aviv is going to be better for those who want to spend some time on a Mediterranean beach. Of course, staying in Tel Aviv and taking day trips from Tel Aviv to Jerusalem or other famous sites could give you the best of both worlds.

Day Trips In Israel

Now that you’ve figured out how to get to Israel, regardless of where you’re looking to stay during your time in the Holy Land, it’s probably going to be necessary to take a couple of day trips to places like Jerusalem, Masada, the Sea of Galilee or the Dead Sea. There are Christian and Jewish (and even Muslim) sites all around Israel, and if you’re looking to walk in the steps of Jesus, these trips can help you check some important items off of your bucket list. Again, credit card signup bonuses can take care of some of the costs. A card like the Barclaycard Arrival Plus could reimburse you for your day trips in Israel if your tour operators code their transactions in the travel category. Here are some of the best day tours from Tel Aviv as noted on Trip Advisor.

When Looking At How To Get To Israel Cheaply, Credit Cards Can Make It Happen

With even one or two credit card signup bonuses, it is possible to substantially cut the cost that you might think necessary to visit Israel. With three or four, it could be possible to spend just a few hundred for ground transportation , food and souvenirs. You can handle lodging, flights and tours with points and miles. Families might have to be a bit more creative, but it is still possible to save hundreds, if not thousands, on a trip to Israel. You just need to pool the bonuses and thinking about one-way tickets and other nontraditional options.

Have any other ideas about saving money on a trip to Israel? Any questions? Be sure to let us know in the comments.

The following post includes affiliate links. These may compensate me should you click on them and sign up.

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November Side Hustle

Don’t Be A Nattering Nabob of Negativism

Do you see the glass as half full, or do you see it as half empty? It’s usually understood that the former are optimists, while the latter are pessimists. When it comes to earning money online or through financial markets, there are many negative people who think that it can’t be done. I’ll just be able to make pennies, they argue. These people are probably *nattering nabobs of negativism who don’t really accomplish much in life.

Pessimism can bring you down. Optimism, unlike the arguments made by people like Norman Vincent Peale and Joel Osteen, is not a near guarantee of success.  However, it’s important to remember that those who feel that they cannot accomplish a task successfully are very likely to experience what would be considered a self-fulfilling prophecy. Most of the time, they don’t even get started because they figure it’s no use. Those who are optimists will at least try.

These nattering nabobs of negativism are like Eeyore, expecting rain on every sunny day. They are like Rocky the Flying Squirrel who gives Bullwinkle a hard time with every attempt to pull a rabbit out of his hat. Rocky doesn’t encourage the Moose, he just argues that it’ll never work. Perhaps it won’t but Bullwinkle keeps trying. Those who fail to try never accomplish much of anything.

Those who fear the stock market look back to the Great Recession. They might have lost more than one-half of their entire nest egg. There are those who sold out at the bottom because of a lost job. This is understandable, as money is necessary to eat if you don’t have several months of expenses saved up.  Then there are those who sold out at the bottom because of negativism. They lost a bunch of money when others who stayed in the market because of the optimism that the market generally recovers were able to see their accounts reach previous highs and then move on to even greater highs. We’re now near all-time highs.

Warren Buffett Is NOT A Pessimist

Pessimists are always down on the future of the United States.  “It’s never been this bad before.” I don’t know how many times I’ve heard this argument over the past few years. One of the most successful investors in history, however, is really, really optimistic about the future of the United States. Warren Buffett has done pretty well for himself over the course of his life. He’s seen opportunities that others have missed. His investing strategy has earned him average gains of about 19 percent a year. This means he doubles his money in about 3.5 years on average. Now, as some politicians are arguing that the US is in a horrific economic condition, Buffett would argue otherwise.

Those who are Eeyores in life are probably not nearly as successful as Warren Buffett. This is not to say that there should never be cause for concern about the economy or that people should just throw money at the market at any price. Buffett buys solid companies at good prices. There are some great companies out there that are pretty expensive and should be avoided until there are better prices. There could be a recession in the near future, but this could actually provide  a buying opportunity for those who are willing to take a bit of a risk. The recommendation is always to buy low and sell high. Because of pessimism, however, people generally follow the herd and buy high and sell low. When thinking of avoiding an overly pessimistic outlook, here are three big reasons why optimism can help you achieve your goals.

You’ll See Opportunities Others Easily Miss

Where others see only a snowstorm dumping two feet of snow and ruining their days, the optimist sees an opportunity to make some money shoveling the snow. When it seems that the paycheck barely pays the bills each month, the optimist will start to look for options to make more money. Here are 10 easy ways to make money that people can use without spending any money outside of Internet access. I’ve personally used Swagbucks and  Cashcrate to make more than $1,000 each while sitting in my recliner.

Where the nattering nabob of negativism sees no need to save for the future, because it’s going to be worse than it is today, the optimist sees the opportunity that some extra money saved up over time can provide. After all, a dollar a day can really add up over time when capital gains and dividends are added to the mix.

You’ll Try Again If Things Don’t Immediately Work Out

Things will not always work out. Pessimists will tend to think that they never will work out when they don’t work out the first time.  This outcome is not always a given. Optimists will try to learn from the experience. There is a reason why people fail. Those who pick themselves back up are more likely to achieve their goals over the long term. A quote attributed to Thomas Edison regarding the invention of the light bulb shows this ability to learn from mistakes and try again. It was argued that he’d failed to invent the incandescent light bulb. He retorted that he’d not failed. He’d successfully found 10,000 ways that did not work.  He eventually succeeded. Had he been a pessimist, Edison probably would have quit well before his 9,999th “failure.”

Other People Will Notice

Recessions happen. Downsizing and offshoring are common phenomena. People lose jobs. These situations can lead to quite the competition for the jobs that are left. Who will get the job? A person with a reputation for negativism who comes across with a “woe is me” attitude? NO! Those who have a positive attitude and a reputation for hard work in spite of setbacks are much more likely to get the nod. I’m not likely to hire a plumber or a carpenter who acts like a job is impossible. If I owned a car dealership, I’d want salesmen who actually believed that they could sell cars. Those who are optimists are likely to look for great solutions even if things don’t go quite as well as they might in the short run, and other people will notice this ability in them.

Getting ahead with a positive attitude is pretty difficult. After all, there are only a handful of Warren Buffetts, Sam Waltons, and Steve Jobses.  However, its pretty near impossible to get ahead with a perpetually negative attitude. That’s why it’s important to avoid being an Eeyore who others view as a nattering nabob of negativism.

*The term nattering nabobs of negativism originated in a speech by Vice President Spiro Agnew as he described members of the media.

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