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Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+

4 Hobbies That Can Make You Money

Personal Growth / By

Mark Twain famously said, “Find a job you enjoy doing and you will never have to work a day in your life”. By simply “thinking outside the box” you can turn a hobby into a moneymaking enterprise and do exactly what Mark Twain was referring to. Even if it’s something that you do on a part-time basis, you can make money from some of the things that other people see as a way to pass time. When you figure out what you like doing the most in regards to a hobby, you can begin buying more materials or spending more time completing tasks to see how much money you can make.

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Budget Landscaping

Landscaping the Perfect Yard on a Budget

Home Improvement / By

Real Estate professionals stress the importance of “Curb Appeal” but it’s not just for selling your house. Your yard is the first impression you make on guests, neighbors, and yourself. When you simply want your house to stand out, your yard and curb appeal are what is going to make a big difference. Many people neglect their yards due to the cost involved. Fortunately, there are a few ways to fund a better yard on a budget when you want to give it a makeover.

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Have You Made Mistakes? Why and How to Get Them Expunged

Personal Growth / By

If you’ve made mistakes in the past that resulted in your getting a “record” whether it be Criminal or Civil these mistakes can follow you and make your life miserable (and much more difficult). Having a “record” can make it hard to get a job, rent an apartment, or get a loan or credit card. Drug crimes (including possession) can certainly turn employers off and make finding work much harder. You might think that there is nothing you can do. But if you’ve “turned over a new leaf” and are trying to get your life back on track you may be able to get your record expunged.

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Can’t Get Approved for a Loan? What It Takes to Repair Your Credit

Money Management / By

Having a good credit score can make life a lot easier. According to an article on Capital One’s website, a good credit score will lower your expenses because “many lenders offer better terms and lower interest rates to people with good credit histories.” They also say that a Good credit score may make it easier to: Buy

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A Fresh Start: 4 Reasons Bankruptcy Is Not As Bad As You Think

Money Management / By

When we think of bankruptcy we often think of irresponsibility with money, but job loss, divorce, tax liens and credit card debt are some other possible reasons that people might choose to file for bankruptcy. But according to a Harvard study 62% of all bankruptcies are actually the result of medical debts. One type of debt that can’t be discharged through bankruptcy is student loans. Regardless of the reason that you find it necessary to file for bankruptcy, it’s important to remember that this process isn’t as bad as you think. In fact, there are benefits that you can potentially reap from filing for bankruptcy.

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Why We Downsized Before Retirement

Money Management, Retirement / By

Recently I was reading an article on Trulia entitled, 8 Reasons Why You Should Buy A 1,000-Square-Foot House and it reminded me of many of the reasons why my wife Lisa and I decided to downsize even though we weren’t ready to retire yet. We were living in a 3,200 sq. ft. house on 3 acres in the countryside near Richmond, VA. The house was beautiful, we had spent years getting it just like we wanted it. We bought it when our two children were small and the house was only 1,200 sq. ft. Then we added an addition on that included a Master Suite, Living Room, Two Car Garage, and large home office. As the children grew we gradually added four raised bed gardens surrounded by a chicken run and chicken coop. We had every tool imaginable in our two garden sheds, and two double carports.

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