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Cost of Living Money

Discussion in 'Black Hat SEO' started by FormerBoxer, Aug 15, 2016.

  1. FormerBoxer

    FormerBoxer Regular Member

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    Hey guys,

    I been bringing in decent money and was wondering how you guys who do it full time separate your cost of living expenses and your business expenses.

    I feel like I'm not saving... maybe because I'm putting all the money back in the business. What would be the best advice.
     
  2. davids355

    davids355 Jr. VIP Jr. VIP

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    Just keep and record of your fixed business costs (like broadband, phone line etc), variable cost of business (ones that go up as your income goes up) and your living costs.

    Then you have a minimum that you need to break even and your goal is to get over that amount.
     
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  3. MacArthur

    MacArthur Jr. VIP Jr. VIP

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    Investing all the money back in business is not a bad move since you do that only if you know you can take that back with profit.

    As david suggested, keep a track on all the expenses and profits you achieve. Try to reduce the expenses in areas where you can do and scale up the profit by working even harder.

    Do not invest all the money in one business as its not recommended. Diversify the options to be in the safer zone.
     
  4. xjapan

    xjapan Power Member

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    invest in business is just a term, if the money you had invested does not give you a decent return that's shouldn't be continue. diversify your investment as well, invest in learning, i have not seen a successful people spending money like no tomorrow
     
  5. Mr.JackO

    Mr.JackO Newbie

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    When you put the money in your business are ye calculating the ROI?
     
  6. seorenewed

    seorenewed Newbie

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    If you put everything back in business and you are still surviving then you must already be saving for expenses?