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The make-money-online-fast Financial Freedom Myth is about making money as quickly as possible and working as little as possible to do it.
The New Economy, on the other hand, is about delivering tremendous value in the world in ways that don’t feel like work at all, yet still earn you plenty of money to have a great life. In the New Economy, you can’t tell the difference between when you’re doing things to earn money and when you’re not, because life and income-earning merge so that it becomes one and the same. You’re doing what you love, and you’re attracting the money you need because you know exactly what it is that you need, how to ask for it and how to package your awesomeness in a way that makes it so easy for people to say yes and receive what you have to offer. The real promise of the New Economy is what I call Financial Liberation — knowing you can earn what you need, when you need it, on demand. Before I tell you the story of my dad, I want you to know this — I loved my dad more than just about any human in the world. Your purpose on this planet is not to suck as much as possible out of the economy and into your own pocket, it’s to create more value than you consume, daily.
To see the real difference between the Financial Freedom Myth and the New Economy, look at where the value is.
With a sensible affiliate marketing business opportunity you can learn how to make money on the internet without even having to build your own websites. There are some super websites that give you insight on what affiliate marketing is all about just as there is great affiliate marketing training business opportunities that offer you short cuts to start earning an income online fast. Any business you start will only be as successful as the time and effort you put in to it and the more you are dedicated to succeed the higher the chances are you will achieve financial freedom to work from home. To increase your earnings in affiliate marketing means applying as much effort as possible to marketing it to the fullest extents of your capabilities.
It is a good idea to combine as many different marketing methods as possible and this way allows you to discover which of them is the most effective return on your investments. There are many other ways to market products and services effectively through banner exchange, pay per click programs, using keywords SEO (Search Engine Optimization), and social media websites. Invest in quality business opportunities that teach you how to make money on the internet with affiliate marketing and follow the training properly so that you become educated on what promoting affiliate products is all about.
Consumers that buy products through your affiliate links do not pay more than they would directly although this is a misconception on the internet. There are some well known affiliate platforms online where you can find top quality products and services which can be promoted for a great income, and most of them offer you great resources from banners to cloaked links, sales pages to articles and emails.
There are two ways of looking at affiliate marketing one being that you promote a few high ticket items that offer excellent commissions or many smaller products that offer less commission but are more popular. Once you learn how to make money on the internet with affiliate marketing it can become a very rewarding way to make money online and it is easy enough to get a few different income streams going which you can manage quite easily once they are set up.
How you communicate with your kids about money and what you teach them about money will define their lives. When you combine both bad communication with bad money habits, you have a recipe for double jeopardy!
So, if mom and dad are good savers, good budgeters, and know how to balance a checkbook, that does NOT mean that the kids will just pick it up by observance.
Book Allowance: A separate allowance idea, when kids are beginning to read and especially if they love to read as my boys did for a long time, is to provide a summer book allowance.
Saving and Delayed Gratification: Everyone, dad and mom included, should know the value of saving and the reward of delayed gratification.
Checking the Restaurant Bill: Give the dinner or lunch bill, when it comes to the table, to your kid(s) to check and review for addition mistakes, deletions, or errors.


This entry was posted in Weekly Columns and tagged A Dad's Point-of-View, aDadsPOV, allowance, balancing your checkbook, Bruce Sallan, budgeting, Communication and Money, Dad Blog, dads, How to Teach Your Kids about Money, Moms, money, Parenting Tips, Saving Money, Savings.
The idea is that she learns that if she wants money, there are things she can do to earn it, but what she earns is a direct result of work effort she puts in. Anything not spent from the 2nd envelope after 3-4 weeks could accrue and then get put into the 3rd envelope.
Your envelope idea is another great version of the different jars and a FABULOUS thing for parents to teach their kids! Bruce’s BookBruce's first book takes the best of his A Dad's Point-of-View columns and other writings, plus brand new material, and puts it all together.
There are countless books on the subject and a zillion-and-one online programs teaching you how to achieve it. But the overly promised get-rich-quick style approach and the New Economy are two totally different animals.
It’s not about only working a 4-hour work week, it’s about doing work you enjoy so much, it rarely feels like work.
Oh, yes, and doing it from wherever you are with little more than your laptop and a desire to serve.
He died at the young age of only 58, and I strongly believe it’s because some part of him knew that what he was doing wasn’t right. The result is that we can’t seem to get ahead, feel lost, stuck and trapped in our own feelings of frustration and wishing it was different. The get-rich-quick financial freedom approach is about how much money or resources you can suck out or drain from others. Most people believe affiliate marketing is complicated but it is actually one of the easiest ways to earn extra money online and probably the fastest as well.
Business opportunities that teach you how to make money on the internet with affiliate marketing will come with training on how to advertise and what methods to use to get visitors to see what you are promoting. Examples of getting potential buyers to your affiliate product websites can range from buying guaranteed visitors from traffic programs to paying for advertising space on top performing websites. Eventually you will discover the most effective ways that really deliver and once this happens you can focus all your efforts on these marketing methods. In simple terms affiliate marketing is promoting products for vendors and stores and when you make sales you earn a commission for your marketing efforts. Companies use affiliates to do the marketing for them and pay commissions for the time and effort you put into promoting what they have to offer. Business opportunities that show you how to make money on the internet with affiliate marketing will guide you on maximizing the use of these tools to earn great commissions. You earnings are proportional to the volumes and quality of traffic that you send y to your affiliate links, and you need to learn how to target the right customers using demographics to increase conversion rates. There are thousands of people that have become wealthy just through affiliate marketing and if you are prepared to learn the right way of building this type of internet business, the sky is the limit in what you can earn too!
It should be a weekly amount that is just enough to buy an inexpensive book, but not enough to buy a special book.
Parents can teach both to their children by showing them the things they are saving for – a new car, a new computer, etc. I will continue this subject in a future column, let’s say “Part Two,” but I also welcome your ideas for great savings games, habits, and lessons to impart to our children.


She has the option to earn money by doing specific things and achieving specific goals, but it is not a pre-set allowance or pre-set chores. Sometimes she does nothing – and another time she will do 3-4 things in a day, it typically ties into when she has a financial goal that she wants to achieve.
One daughter became ultra-frugal and would fill that 3rd envelope and make several bank runs to deposit into savings. We did have a mom with ten, I think, but I think she got distracted and hasn’t been back in a while!
If you want, I can give you a quick tutorial on how to use it and how best to follow a quick-moving chat like #DadChat (by phone)?
How often is communication or most specifically, poor communication, at the root of any problem you may be having with a friend, spouse, co-worker, boss, or child?
Many parents tend to think that their children will learn by osmosis, that simply because mom and dad may do something a good way that their children will do the same. There are many money games available, many online websites that can help, and classes that might offer instruction. If those chores and obligations are not met, there should be deductions to their allowance JUST as there would be if they did not show up for a regular job or did not complete a free-lance assignment-for-hire. This then teaches them to save a couple weeks or more of their book allowance to buy the more expensive book. Have them press the buttons on the ATM and ask them how much money they think YOU need for a week’s spending or a week’s groceries. Ask them to figure out the amount of a tip and what your family believes is the right percentage for a tip. Not anybody’s fault of course, but using your communcation-based tips creates a brighter financial future for the next generation. The other daughter balanced that frugality with filling that 3rd envelope for purchasing an upgraded camera and bike. Yes, modeling is important, but mostly modeling good behavior is just reinforcing what has been taught. Show how a paycheck or a gift of money is put into different places such as for bill paying and for that special item that requires an accumulation of savings. Teach them – perhaps – that “we” don’t order drinks, coffee, and such out at a restaurant because the cost of those drinks for a family of four is expensive. I think their wanting to do that is a good sign, although, I won’t let them over-spend, even in such a nice way. When the younger brother saw the more expensive book his older brother saved for, he then understood the value of saving. While this is not a explicit money lesson, it is one that combines the value of money with the value of giving. I’ve written about Parental Hypocrisy, so I’ll let you read that column to learn more on that subject, but suffice it to say that the “Do as I say, not as I do” idea simply does not work!
Yep, all of the above – except sex, of course, ‘cause we don’t even want to think about that!



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