More Than Finances

Get your finances in order!


What Does Obtaining An EIN Allow You To Do For Your Business?

If you want to start a new company, then one of the first and most important steps you have to take is to figure out how you will be paying taxes. Because the IRS is quite fickle about such things, it’s imperative that you take care of applying for a federal tax ID as soon as possible. This will allow you to start generating income right away. In this article, we’ll be talking about what kinds of IDs companies need, as well as how to check your EIN status once you’ve applied.

Read More


Tim Grittani Net Worth And What We Can Learn From It

Tim Grittani Net Worth And What We Can Learn From ItTim Grittani net worth is estimated at $2.7 million dollars and likely to increase as time goes on. But, who is he, how did he make all of his money? And how can this help you?

Who Is Tim Grittani?

Tim Gritanni became popular after becoming a student of Timothy Sykes, a guru in penny stocks. He quickly took what he learned and put it to work starting with an investment of just $1,500 and slowly growing to $2.7 million.

How Did Tim Grittani Net Worth Grow?

Now though he did this in a pretty quick time, it wasn’t over night. He didn’t invest his money and the next day make $2.7 million. Instead it took some time, in fact he lost his initial investment completely not fully understanding how to trade and make money.

After losing the initial investment he saved up money from his summer job to reinvest. Not only that he started to learn all he could taking Timothy Sykes courses and putting the material to use.

After six months he was finally back to where he started, and now knew what it would really take to make a living trading penny stocks.

He then moved back home with his parents in January of 2012, under the condition that he make $10,000 by end of March that year. Through hard work, and determination he met that quarter goal.

He then decided to make a higher goal which he met, and then again and again until Tim Grittani net worth was $2.7 million dollars.

What Are Penny Stocks?

Penny stocks are stocks that trade for $5.00 or less and are “considered highly speculative and high risk because of their lack of liquidity, large bid-ask spread, small capitalization and limited flowing disclosure”, according to Investopedia.

As Timothy Sykes, Grittani’s teacher, says “This is a game, and you have to think of it like a game”. So trading penny stocks is something that can make you series money, but with it also has series risk.

Though it’s possible to make a lot of money with penny stocks the likelihood is low. Though that doesn’t mean there is nothing to learn from such a person.

Can We All Learn From A Penny Stock Trader?

Learning Tim Grittani net worth, and more importantly how he grew it to such a level, gives us three main things to take away.

First, Tim Grittani didn’t get to where he is over night. He learned, but rather then just learning and never doing anything he took action, setting goals for himself. Once each goal was set he set another, and another until a bad week was more profitable then 3 months would have been.

Second, don’t be afraid to lose it all. Tim Grittani lost his initial investment, but he didn’t let that stop him from growing his net worth to $2.7 million. Instead he learned from that mistake changed how he did things and made progress. Likewise we may lose everything, we may be working on a project and it falls out, or doesn’t work. We will lose time and money, but don’t let it cripple us, instead learn from it. Let your failure be the fire that helps you attain your ultimate goals.

Third, find something you’re semi good at, natural at, or just enjoy and become an expert. Tim Grittani wasn’t an expert at trading penny stocks when he started he had to become and expert. You can too, you may not be an expert at retail arbitrage, writing, or making money while you sleep. But you can become and expert, you can spend the time learning, practicing, failing and become that expert.

Tim Grittani net worth is much higher then most peoples, but we can reach the same or even higher. If we do all we can and become the expert in our chosen field.


Is Primerica Just Another Pyramid Scam?

is-primerica-just-another-pyramid-scamWhile driving for Lyft a passenger mentions to me that he is always looking for more help and thinks I would be perfect for his team. We had spoke about all the different side hustles I do and how hard I work.

It was a short 10 minute ride but at the end he hands me his card and tells me to give him a call if I ever want to make real money, he worked for Primerica. Read More


4 Actual Ways To Make Money While You Sleep


If you had told me a year ago I would wake up every day and check how much money I made while I slept I would have told you you’re crazy.

But as I woke up this morning and saw the $41.15 in sales with one stream of income this is no longer a dream but my reality.

Sell Old And New Things Online

Selling physical products seems daunting, even impossible. However, with Ebay, Craigslist, Etsy, and Amazon it has never been easier for you to start.

Whether it’s crafts, private label, or retail arbitrage you have the ability to sell while you sleep. Decide which avenue you want to take and start working on it. I have made thousands of dollars selling Fulfilled by Amazon and you can too.

Though it does require work upfront, you really do make money while you sleep. I sometimes wake up to hundreds of dollars in sales before I even wake up.

Write A Exciting Blog

Blogging can seem overwhelming, even if you only write once a week. Some people write multiple times a week, or even a day. This work though is not in vein, by building up a following you can receive income from the blog even while you sleep.

The ads on a site will continue to generate income even when you’re not online. The affiliate products will pay out even when you are cozy in your bed.

Again even though work is required you truly can make money while you sleep.

Invest In Quality Dividend Stocks

Probably the easiest way to generate income that will come even while you sleep is to invest. This requires money to do so with and the returns are not as high but, the income generated requires no work on your  part once you invest that money into it.

Any stock when it increases in price will be considered income, but a better way to receive income while holding the stock is investing in stocks that are known for paying dividends. A 4% dividend rate would be considered very good, with a few exceptions especially when it comes to REITS.

By taking the time to pick a good stock, and receiving the dividend payout you will be making money even while you sleep.

Write The Next Not Best Seller Ebook

If you ask most anyone they would say that they can write a book, or at least feel they have one in them. Most however never do, thinking it will never be worth the effort.

It’s true you are probably not going to write the next Wall Street best seller but, you can write a book that could generate you at least a few hundred dollars a month.

Whether fiction or not writing a Ebook and publishing on kindle may be a great option. Yes Amazon will take a portion of the money but a small portion, and you will be making money while you sleep for work you did a long time ago.

Making Money While You Sleep Is Not A Dream

Waking up to $41.15 may not seem like a lot of money, and it isn’t. But it’s for work I did a while ago, all I did was go to bed and I woke up with this money made with Amazon. You may concentrate on a blog, or invest in the best stock you can find, or even write an Ebook.

Whatever you decide to do though will require hard work upfront. But when done, you’ll be making money while you sleep.

Image courtesy of artur84 at


3 Ways the U.S. Banking System Can Collapse

The banking system of the United States is one of largest and most active in the world, and it is often (arguably) described by Treasury and Federal Reserve Bank officials as one of the most financially solid. This does not mean, however, that it is impervious to collapse. The magnitude of the U.S. banking system can only guarantee that a potential collapse would be more spectacular and damaging than in other nations, and history has already proven this fact multiple times. Recent examples of such collapse include the Great Depression of the 1930s and later during the Great Recession and Global Financial Crisis of 2008.

Most people remember the major bank failures of 2008: Citi, Wachovia, and Washington Mutual. Those were just the largest retail banks; it is important to remember failed investment banks such as Lehman Brothers, Bear Stearns and Merrill Lynch as well as specialty banking institutions such as Countrywide and the government-sponsored entities Fannie Mae and Freddie Mac. From 2008 to late 2012, more than 460 banks in the U.S. failed; this required government takeover of financial institutions, and this situation was exacerbated by the massive bailout provided by the U.S. Treasury to banks such as JPMorgan Chase ($256 billion), Wells Fargo ($25 billion), Bank of America ($15 billion), and many others.

Many banking analysts are concerned that the U.S. system could once again collapse. The lessons learned from the bursting of the housing bubble mostly apply to home lending standards and securitization of mortgage debt; it is unlikely that the next collapse will happen due to that same reason. Nonetheless, there are three current situations that could bring about the next downfall of the American banking system:

Major Banks Losing Clients’ Trust

Banks are not very popular right now for more than one reason. Less than 10 years after being bailed out by the U.S. Treasury, JPMorgan Chase and Citi plead guilty to criminal charges of participating in a global conspiracy to manipulate foreign currency exchange prices along with Barclays and the Royal Bank of Scotland. The collective penalties assessed by the U.S. Department of Justice were set at more than $5 billion; despite the criminal charges, no prison sentences were imposed.

The “too big to jail” preferential treatment given to bankers is only helping to undermine the trust that the American public is losing in the banking system. Although these scandals have not resulted in immediate bank runs, they have planted a seed of mistrust that could lead customers to consider alternative options such as bitcoin, gold, and peer-to-peer (p2p) lending.
Risky Profit-Seeking Methods

There is no question that banks have gotten way too large over the last few years. Stanford economics Professor Anat Admati recently pointed out that the average size of banks has risen to $1.36 trillion. Normally, this should not be a concern; however, the amount of money that banks invest in risky financial products such as derivatives is definitely a reason to worry.

Derivatives are financial instruments that can be very lucrative; nonetheless, they are so risky that even some day traders choose to avoid them. There is little transparency in the derivatives market, and the instruments that banks trade in this market are essentially bets on whether certain investments will fail. In essence, derivatives are complex casino plays that are not in character with the nature and purpose of banks to safeguard the deposits of their account holders.

The Potential Weakening of the U.S. Dollar

The sheer strength of the U.S. dollar in the global currency exchange is a major reason the American banking system is so massive and well capitalized. That strength owes more to the political power of the U.S. in the global stage than to the health of its economy. Now that the American economic empire has been tested, geopolitical analysts believe that rival powers such as Russia and China could curtail their respective Central Bank holdings in dollars just to make a political point. This situation could really test the strength of the U.S. banking system, and many analysts believe that it may not be able to withstand such a drastic geopolitical change.