Tuesday, August 26, 2014

Academic Composition

Freelancing opportunities with Academic Composition

Hello everyone.

A friend of mine is looking for people to advertise his services online.

If you are willing to post some advertisements and you live in one of the following cities.

1. Honolulu, HI
2. Austin, TX
3. Dallas, TX
4. Minneapolis, MN
5. Los Angeles, CA
6. Philadelphia, PA
7. Pittsburgh, PA
8. Ann Arbor, MI
9. Atlanta, GA
10. Vancouver, BC
11. Toronto, ON
12. Boston, MA
13. New York, NY
14. Denver, CO
15. Sacramento, CA
16. Portland, OR
17. San Diego, CA
18. Miami, FL
19. Jacksonville, FL
20. Phoenix, AZ

Let me know and we can talk further.

You will get compensated for each day your ad stays live on craigslist and earn a bonus for every customer referred to Academic Composition.

Saturday, August 23, 2014

Career advice: How to Fill Blank Spaces in Employment History

In today's economy, people may hold on to jobs from a few years to just a few months on the shorter end.
The time spent in between jobs may vary and be unpredictable.

It may be possible to go several months before finding another job. This is especially the case if you happen to be collecting unemployment benefits. The benefit can provide a real disincentive to get back to work as soon as possible and losing out on government benefits.

When going to several job interviews, they may ask for an explanation for long gaps in employment history on your resume.
The gaps can be explained with a cover letter or during an interview but I may have a better solution.

Instead of having long gaps in employment history (in excess of 3 to 4 months), try to work on your own projects and list them on your resume.

If you take a class in that time period, you can include it on your resume in the education section and have an easy explanation for employment gaps. The class doesn't even have to be a college course that needs to be paid for. A lot of information is available online and there are some websites that offer classes for free (you just don't get any college credit). One such example is Khan Academy.

You can also use the time you are unemployed to try to set up a small business/hobby for yourself. Something that can make money or attempt to make money.

In December of last year, I bought some skateboards whole sale and started trying to sell them. My profit from each skateboard was only about $5 but I did make some sales. If you can find something to buy and sell whole sale, that is one possible way to generate income.

You could also try writing your own book and self publish it.

The very least thing you could do is create a blog, try to grow an audience, and monetize your blog. Affiliate marketing programs are such a way to do this.

Even if your ventures are not successful, it won't matter that much.

By filling in the gaps in your employment history, you communicate a few things to your potential employer.

1. You prevent giving off the impression of being lazy.

Even though you could be been let go of your previous job through no fault of your own; even though the job market is still hostile to recent college grads; your employer may just think you are lazy if there are gaps in your work history.

2. You make yourself a more unique person and you demon-straight that you are creative and are willing to try and learn new things.

If you can stand out and make an impression, you might stand a better chance at being remembered. Your potential employer may have several people lined up for a position. If he or she remembers you, you may have a better chance to get the position.

Problems with the US Education System

One of the biggest problems facing generation Y today is student loan debt.

If you throw in the search term "I majored in Debt" you can find multiple videos of students that racked up $50,000 to $200,000 plus in student loan debt and have no real way to pay them off. A good number of graduates are working minimum wage jobs or temp jobs.

Luckily for me, I was able to get through college without having to take any loans. Most of my friends did take loans and they told me that their loans do not charge interest until they graduate.

I don't know very much about the qualifications of receiving government loans. I just know that student loans cannot be discharged through bankruptcy. It does make me wonder if generation Y students have used credit cards to pay off student loans and then go though with bankruptcy. After all, student loans can't be discharged through bankruptcy but credit card debt can.

Please do not actually try to transfer student debt to credit card debt. I am not advocating that.

Since I don't have much knowledge about student loans, I do not know the qualifications to get them or the requirements to pay them back. I kind of wonder if some people have been using college as a retirement plan.

Please do not actually try to use college as a retirement plan. I am not advocating this.

When I was in my last year in college, I took geography for my lab class requirement. I remember seeing on student that looked like she was in her 70s. I kind of wondered why she was there. At that age, I didn't think she was really trying to get a degree for a job. The second most likely reason I could think of was that she just wanted to get a degree because she never had the chance to do so before.

But then I thought about a third reason. What if she was in a poor financial position? What if she had no real family? What if she could not afford food or housing?

Would it be possible for her to apply to a college and get a federal loan that would take care of her tuition and living expenses?

At that point in her life, she could reasonably just try to stay in college until she died.

If heard stories of kids racking up hundreds of thousands of dollars in student debt. I can't imagine that all of it would be due to tuition and books. The student must have used the loans for living expenses such as housing and food.

If there is no limit to the amount of loans a student can take out and if the loans don't have to be paid until graduation; could a student use federal student loans to stay in college for decades?

A student might be able to keep going to different colleges for as many bachelor degrees, master degrees, and doctorates as possible.

These are just different thoughts. There must be some sort of provisions in the federal student loan system that prevents these sorts of situations but I wouldn't be surprised if there was not anything to prevent this.


Please do not try to go to college for the rest of your life. I do not advocate this.

If it is possible for a 20 year old kid to keep accumulating student loan debt for 60 years, this is a real problem for the US economy.

This is another reason why our country is falling apart.

You might want to keep buying your gold and silver.

Sunday, August 17, 2014

Book is Complete

The first version of my book is complete.

I'll be receiving a copy of it in a few weeks.

This version is not yet available to buy online yet.

If anyone is interested in reading it, just let me know in the comments section.

Have a good night.

Saturday, August 9, 2014

Problems with the US credit system

Growing up, one of the biggest personal financial problems I've heard about was credit card debt.
When I was in high school, I think credit cards companies offered much higher limits than they do today.

Somehow, married couples would accumulate anywhere from tens of thousands of dollars in debt to a few hundreds of thousands of dollars in debt.

Later, in college, I took a few classes about business law and found out that credit card debt can be discharged through bankruptcy. The biggest down side is that bankruptcy destroys a person's credit history for up to 10 years.

This kind of made me wonder. How many people get up to the age of 70 or 80 will exhaust all of their liquid cash and then rack up hundreds of dollars worth of credit card debt and try to kick the bucket before having to pay back the debts or declaring bankruptcy.

I do not recommend anyone to actually try this. Please do not rack up hundreds of thousands of dollars of credit card debit with the anticipation of discharging it through bankruptcy.

A friend of mine majored in finance and I decided to ask him about this issue. He told me that credit card companies anticipate that a certain number of credit card holders would rack up credit card debt in old age and die before paying it back. The credit card companies will then just write this amount off.

Having this system in place seems to encourage financial irresponsibility. Credit cards aren't difficult today. At the age of 18 or 20 a person can apply for a credit card and start out with a credit limit of a few thousands dollars. After a few years, the person can develop a good credit card score and keep applying for more and more credit cards and keep accumulating more and more credit limit.

It is reasonable to estimate a man or woman in the mid 20's could have applied for around 20 to 30 credit cards and accumulate a credit limit of $100,000. By the age of 30, he or she could accumulate $100,000 of credit card debt and then discharge it by bankruptcy.

Once again, I do not recommend anyone to actually try this. Please do not rack up hundreds of thousands of dollars of credit card debit with the anticipation of discharging it through bankruptcy.

The man or woman could just live with his or her parents for 10 years until the credit history is repaired. He or she would be 40. At that point, he or she could repeat the process all over again.

This kind of behavior discourages people from saving money. It also discourages investing in different companies. This is partly the reason that our country is $17 trillion in debt. Eventually, this is one of the factors that will destroy our country.

Sunday, August 3, 2014

How to save $100000 before the age of 30

I haven't updated the blog in a while because I've taken some time away to work on a new book.

The book is a strategy guide to help a teenager save up $100000 within 10 years.

I've written 40 pages so far and the book will probably be between 50 to 100 pages upon completion.
When it is complete, I want to make it available on amazon in electronic format for Kindle. Eventually, I want to release it in paperback format.

The book will be somewhat controversial. A lot of the advice will be contrary to conventional wisdom but the book is completely backed up by math.

It is no get rick quick scheme. It is a detailed plan that will encourage a man to work hard and save as much money possible.