<?xml version="1.0" encoding="UTF-8"?> <rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" ><channel><title>rocket finance &#187; why</title> <atom:link href="http://www.rocketfinance.net/category/why/feed/" rel="self" type="application/rss+xml" /><link>http://www.rocketfinance.net</link> <description>Finance is not rocket science, unless it is government finance.</description> <lastBuildDate>Sun, 02 May 2010 17:20:42 +0000</lastBuildDate> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.0.1</generator> <item><title>32 Days and $32.10 Richer</title><link>http://www.rocketfinance.net/2007/07/10/32-days-and-3210-richer/</link> <comments>http://www.rocketfinance.net/2007/07/10/32-days-and-3210-richer/#comments</comments> <pubDate>Tue, 10 Jul 2007 12:18:00 +0000</pubDate> <dc:creator>rocketc</dc:creator> <category><![CDATA[family]]></category> <category><![CDATA[frugality]]></category> <category><![CDATA[why]]></category><guid isPermaLink="false">http://www.rocketfinance.net/2007/07/10/32-days-and-3210-richer/</guid> <description><![CDATA[Today marks my 32nd day as a fledgling member of the personal finance blogging community. In the last 32 days, I have made a grand total of $32.10. A little better than a dollar a day. The highlights of the last 32 days include a small bonus discovery that resulted in over 1,000 hits in [...]]]></description> <content:encoded><![CDATA[<p>Today marks my 32nd day as a fledgling member of the personal finance blogging community. In the last 32 days, I have made a grand total of $32.10. A little better than a dollar a day.  The highlights of the last 32 days include a <a href="http://rocketfinance.blogspot.com/2007/06/direct-deposit-bonus-from-chase.html"><strong>small bonus discovery</strong> </a>that resulted in over 1,000 hits in a three day period. The other highlight was a post on <a href="http://rocketfinance.blogspot.com/2007/07/post-on-tithing.html"><strong>Tithing</strong></a> that <a href="http://www.freemoneyfinance.com/"><strong>Free Money Finance</strong> </a>was kind enough to post on his blog last week. The essay resulted in a charitable, but memorable <a href="http://www.freemoneyfinance.com/2007/07/rocket_finance_.html"><strong>comment exchange</strong> </a>between <a href="http://www.plonkee.com/"><strong>plonkee</strong></a> and myself. I enjoyed the discussion and while I was not convinced by plonkee’s arguments, I am a better person for interacting with the ideas.</p><p>I began to <a href="http://rocketfinance.blogspot.com/2007/06/this-post-is-not-paid-endorsement.html"><strong>chase bonuses</strong> </a>and study the balance transfer game in March, just before Mrs. Rocket was to give birth to our third child. I hoped to generate enough money to cover our budget losses while she was not working and help pay hospital expenses. We have pretty much broken even on that venture. I would like to have gotten ahead financially, but I am thankful for the knowledge from <a href="http://www.hustlermoneyblog.com/"><strong>Hustler</strong></a> and other personal finance bloggers that allowed me to successfully make up the loss in income without getting another job.</p><p>My goal for <a href="http://rocketfinance.blogspot.com/"><strong>Rocket Finance</strong> </a>is to create an alternate stream of income that will allow Mrs. Rocket to quit her part-time job. I have a long way to go, but I have derived benefits from personal finance blogging beyond the thirty-two dollars and ten cents:</p><p>1) I have enjoyed networking with other bloggers. The internet can be a cool place.<br /> 2) The challenge of finding creative ways to market the blog and then find content for Rocket Finance is thrilling.<br /> 3) I have learned so many things about money from other bloggers. My favorites are linked on the right. The blog motivated me to faithfully read their content.<br /> 4) The money I have made/saved by reading the blogs at the right is a whole lot more than $32.10.<br /> 5) I am not a “tekkie”, but I am learning a great deal about technology, just through my own research. The blog motivates me.</p><p>I don’t know if the world has more room for another personal finance blogger and I’m not sure of my exact area of expertise or niche, however the last 32 days have been fun and profitable.</p><p>Check in with me after another 32.</p><p></p> ]]></content:encoded> <wfw:commentRss>http://www.rocketfinance.net/2007/07/10/32-days-and-3210-richer/feed/</wfw:commentRss> <slash:comments>3</slash:comments> </item> <item><title>Why I need alternate streams of income.</title><link>http://www.rocketfinance.net/2007/06/11/why-i-need-alternate-streams-of-income/</link> <comments>http://www.rocketfinance.net/2007/06/11/why-i-need-alternate-streams-of-income/#comments</comments> <pubDate>Mon, 11 Jun 2007 12:25:00 +0000</pubDate> <dc:creator>rocketc</dc:creator> <category><![CDATA[why]]></category><guid isPermaLink="false">http://www.rocketfinance.net/2007/06/11/why-i-need-alternate-streams-of-income/</guid> <description><![CDATA[Due to some poor financial decisions after my wife and I were married, we are unable to make ends meet with the income from my current full-time job. So, about four months ago, I started poking around the internet trying to find a way to supplement my families income without working an extra 20 to [...]]]></description> <content:encoded><![CDATA[<p>Due to some poor financial decisions after my wife and I were married, we are unable to make ends meet with the income from my current full-time job. So, about four months ago, I started poking around the internet trying to find a way to supplement my families income without working an extra 20 to 25 hours a week.  After reading <a href="http://www.hustlerama.com/">Hustlerblog</a>, <a href="http://www.freemoneyfinance.com/">Free Money Finance</a>, <a href="http://firefinance.blogspot.com/">FIRE Finance</a>, <a href="http://www.fatwallet.com/">Fatwallet</a>, <a href="http://bankbonuses.info/">Bank Bonuses</a>, <a href="http://www.mymoneyblog.com/">My Money Blog </a>and others, I started to spend time each night qualifying for bank bonuses, credit card bonuses and researching balance transfer arbitrage. I have been relatively successful to this point, but we are still only breaking even (which is an improvement). I hope to make this blog into something that generates enough income so that my wife can quit her 20 hr a week daycare job and stay home with the kids and i can start a retirement fund &#8211; yes, I am almost 33 years old and have a grand total of $2,886(as of this morning) saved for our retirement in a Vangard Simple IRA.</p><p>So far, Chase Bank has been very good to my wife and I. I will share the our list of Chase bonuses for which we have qualified in a later post. Suffice it to say that J.P. Morgan Chase has be &#8220;very, very good to me&#8221;.</p><p></p> ]]></content:encoded> <wfw:commentRss>http://www.rocketfinance.net/2007/06/11/why-i-need-alternate-streams-of-income/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> </channel> </rss>
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