Browsing Category: Blog Business

The Best of My Financial Reviews – 2012 Edition

my financial reviews

As I’m working on some posts for next week (including our financial goals for 2013) and beyond, I wanted to take a moment to say thank you for a wonderful year. I started My Financial Reviews almost a year ago.

My goal with this site is to help MFR readers gain control of their finances by reviewing various financial resources that fit their particular needs. I do this by reviewing books, financial services, products, and companies.

my financial reviews

The idea for this blog started over at my other site at Couple Money. Over there I write about how couples can build their finances together by living on one income and achieving their dreams with the second.

One aspect I enjoy about blogging is helping others discover personal finance books and services that could help them, but if I accepted every review off Couple Money would lose its focus. To maintain the same continuity as Couple Money I transferred over older review posts and included their original dates.

I decided to go and start My Financial Reviews as a way to make it easier for readers to find information they can use. It also allows me to write reviews to help others build their net worth while maintaining Couple Money’s own objectives.

My Favorite Posts of 2012

As I look back at 2012, I want to share a few of my favorite posts on MFR with you for those new subscribers that may have missed them.

  • 3 Personal Finance Books to Build Your Net Worth – Don’t feel like you have to read every personal finance books to get a handle on your money. If you read these 3 you’ll be set. Ok, you’ll be 80% done with your finances 🙂
  • Why We Love ING Direct (and How It Earns Us More Money) – We’ve used ING Direct for several years and have been happy customers. When a bank looks for a win-win situation versus just sending you fees, it’s a beautiful thing.
  • Our Debt Reduction Strategy – We’ve paid off credit card debt, a car loan, and we’re working on the student loan. I share some things that have helped us.
  • Watching Our Money with Mint – One of the easiest tools that we use is also free- Mint helps us track our spending and sends us emails when we’re going over our budget.
  • How Much is Home Ownership Costing Us? – Depending on your circumstances, home ownership can be a great deal or it can be a money pit. I wanted to give some of the expenses we’re experiencing with having a mortgage.
  • Finding a Reliable Used Car in Our Budget -When we were looking for a new car, we used Consumer Reports’ list to narrow down our search.
  • Driving Smarter and Going with Cash in May – In May I looked for ways to cut back on two of my expenses – eating out and gasoline for the car. I ran a Fuel Challenge which was a lot of fun.
  • Using Fuelly to Track Our Gas Mileage – Another handy and free tool that I’ve used this past year was Fuelly. It allows you to submit your gas receipt data and runs the numbers for you so you can track your gas mileage, prices, and cost per mile driven.
  • The $100 StartUp – Can You Do It? – If you’re looking for a get rich quick solution, this is not the book for you. It’s about finding a passion that fills a specific need for potential customers.

Thank you again for a fantastic year! I’m really looking forward to building this site up for you so you can have an online resource for financial tips and services.

Making It Easier For Customers to Pay

Our family income is based on our work – my husband’s software development work at a growing company and my freelance income that  make from my small business. Getting paid on time and easily is important to us. My husband has signed up for direct deposit through the company he works for and it’s a great solution. The money goes straight to the bank and it is distributed to the bills, savings, and debts we’ve budgeted for.

Payment Processing Solutions

As a freelancer I want to have the same ease with the money I earn; not only for myself, but also for clients I do work for. If you have a small business that you’d like to expand and build your payment options, here are few of the big ones.

Paypal

I think most people who work online know about Paypal. Receiving payments are usually 2.9% + $0.30 per transaction. You can get a discount to 2.2%, depending on your monthly sales.

$0 to $3,000 2.9% + $0.30
$3,000+ to $10,000 2.5% + $0.30
$10,000+ 2.2% + $0.30

BluePay

An option that can save you money and still give you flexibility in accepting payments from customers is BluePay. Their rates are as low as .95%. They also have a $500 challenge to switch.

If you’re looking for one of the best payment processing solutions, review BluePay and see if the rates work for you.

Google Checkout

The last option is Google Checkout. It’s very similiar to Paypal and the fees are based on amount sold. Depending on how welel business is going you can save a bit more with each transaction.

Less than $3,000 2.9% + $0.30
$3,000 – $9,999.99 2.5% + $0.30
$10,000 – $99,999.99 2.2% + $0.30
$100,000 or more 1.9% + $0.30

I hope the comparison helps you choose the best for your business.

Thoughts on Payment Solutions

I’d love to hear from you. How about you and your business? What payment options do you offer to customers?

Disclosure: This post’s topic is sponsored by BluePay. I checked out all the above mentioned sites to get the rates. I encourage you to check out the payment sites to make sure the remain the same before signing up.

Welcome to My Financial Reviews!

Welcome to My Financial Reviews

I think appropriate that the first post on My Financial Reviews be about this site’s objectives, history, and goals.

My Financial Reviews MissionWelcome to My Financial Reviews

My mission is to help MFR readers gain control of their finances by reviewing various financial resources that fit their particular needs. I do this by reviewing books, financial services, products, and companies.

The idea for this blog started over at my other site at Couple Money. Over there I write about how couples can build their finances together by living on one income and achieving their dreams with the second.

One aspect I enjoy about blogging is helping others discover personal finance books and services that could help them, but if I accepted every review off Couple Money would lose its focus. To maintain the same continuity as Couple Money I transferred over older review posts and included their original dates.

I decided to go and start My Financial Reviews as a way to make it easier for readers to find information they can use. It also allows me to write reviews to help others build their net worth while maintaining Couple Money’s own objectives.

Connect with My Financial Reviews

I hope you enjoy using MFR as a resource. If you’re looking for ways to enhance the site’s usefulness for yourself and others, please join the community by:

  • Share your thoughts in the comments section. I  love reviewing thoughtful comments from readers.
  • Stay up to date with all the latest posts  by subscribing  either by email or RSS. This saves you time and is completely free.
  • Email me at elle(at) MyFinancialReviews (dot) com. I do read my email daily (except on vacations). I would love to hear from you personally and I’m open for feedback.
  • Chat with me on Twitter.  Besides catching my daily thoughts, I also enjoy answering questions and chatting with others.

If you find one of the reviews helpful, could you please share it with your friends?

Disclaimer:

As you can probably guess, I’m not a financial guru and I make no claims to be. I’m constantly learning about personal finances and this blog is just a collection of the tips and life lessons we pick up. Couple Money is not intended to be a source for professional advice.

If you’re looking for professional help with your finances and you live in the United States, try using The National Association of Personal Financial Advisors (NAPFA) to find a fee based financial planner.  They should be able to work with you and your individual financial situation.