Experiment #1

Ok so here goes. What if we run a little experiment and directly relate it to wealth building...

I'm not into get rich quick things, although I was at one time briefly. So how about we start with one website blog? The idea will be to reap the benefits of advertising revenue as the traffic and interest in the blog increases. Now, not being a web-marketing guru, this really IS an experiment.

But here's the thing...I might not be a blog or web genius, but I feel confident enough that something I love and have passion for will be shared by thousands and maybe millions of people the world over. So, onward!

In this post I will basically describe and outline the plan:

1. Create a basic mission statement:

"To create a content rich website blog that will attract quality related advertisements that will bring a steady flow of revenue.

2. Choose an area of focus:

I am choosing to focus on the Florida-Gulf-Coast. It is an area that I am very passionate about and I will be motivated to update this blogsite regularly.

3. Create advertisment opportunities:

To do this I will need quality content, a strong traffic presence, and the specific codes and programming to make this functional on whatever platform I choose (e.g. blogger, wordpress, or other ).

I will be posting results and progress routinely. This will be called Experiment #1. Stay tuned!

Starting Early

I have an almost seven year old daughter and I feel that it's important have her think about money. There are many studies that point out that young adults today have a very poor respect for money and generally this leads to a very early relationship with debt. I don't want this for my kids and I expect you don't want it for yours.

To do my part I thought of offerring some ideas to help kids begin experimenting with money and wealth building from an early age. My ideas might not be convention, but some of them are.

Here are some thoughts, please share yours also.

• Start a website and add some money making options such as adsense and other revenue means. One that I recently helped my daughter start was CoolKids . It was fun for her and actually just started making a little advertising money.
• Open a bank account and make regular deposits to it, no matter how small.
• Create a product to sell! Kids have great ideas and even the silliest ideas can be marketed, especially on the web.
• When kids earn money for chores discuss their options with them: spend it, save it. Guide decisions.

These are just a couple of ideas for now, let's keep thinking of ideas to help our kids build for future wealth Now. Thanks for viewing and contributing.