August 31, 2005

Ten Dollar Project: Week 2

Well, we're through week two on the Ten Dollar Project. I've experienced a minor setback in that I only managed to sell one of my pieces of jewelry on eBay, and that for the minimum bid of four dollars.

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August 22, 2005

Ten Dollar Project Update

Well, I'm under way with my Ten Dollar Project. I've decided that, to start, I will make wire jewelry and sell it on eBay. I have used my ten dollars to buy some steel wire and boxes to package up the finished product. I already own most of the tools necessary, and I borrowed a how-to book on wire jewelry from the library.

Here's my list of raw materials, and how much I've spent in total:

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August 10, 2005

Introducing the Ten Dollar Project

Most of the tips I've been writing about deal with how to more effectively save money, and hopefully you've noticed a common theme -- it doesn't take much money to add up over the long term. Just a little bit saved consistently will pay off big time.

But it's time to talk about the other half of the "building wealth" equation -- how can you earn more money than you are now? If you can earn even a tiny bit more and save it regularly, it will add up dramatically.

Of course, you could earn more money by working hard for a raise at your job. That's part of the process of building a career. But since you have little control over how much and how often you get a raise, I'd also like to think of some more creative ways to earn extra money.

The Ten Tollar Project

I'm proposing an informal community experiment. If you want to explore your potential for making some extra money, no matter what your financial situation is, I invite you to join me.

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