It is obvious that overpaying for something isn’t a good idea, but with cars it is especially a bad idea. The reason is that cars are depreciating assets, so if you take a loan out for your purchase, you immediately enter into a race to pay the car loan down faster than the value drops. In my case with the convertible, I did a lot of things that ensured I was going to lose this race…
Archives for March 2009
Make Money Designing Logos
The newest income-generator that I found is for designers (or wanna-be’s). CrowdSpring.com and a couple other similar sites allow buyers to post a project and how much they are willing to pay for it. Designers then create logos, design elements, or whatever it calls for and the best one wins. Basically it just puts the control back into the buyer’s hands by letting them choose from the multiple entries from various designers.