If you are overwhelmed with debt and wondering how you got there, it more than likely is due to  the lack of financial planning beforehand. By having a financial plan not only guides you to manage money and avoid debt, it can lead to the road to wealth. Who wouldn’t want to be at a stage where they don’t have to worry about money.

With the way the economy is now, financial planning is even more important than before. That means having money saved for the future and any unexpected events like a job loss or illness.  Many believe they don’t have Read more »

If you are looking for some rich person to pay off your debt, you are not alone as there are many who are in the same predicament looking for a way to instantly get rid of debt. The burden of debt and feeling of desperation makes you search for a quick way out, hoping someone will sympathize and help you out of your financial mess. But in reality the likelihood of some wealthy stranger giving away their money randomly to help someone out of a bad financial situation is slim.

When I first started this blog, I hoped that I could get enough donations to eliminate my debt.  I had come across someone who had credit card debt due to lavish spending and was asking for donations on her website. She did succeed in erasing her $20,000 debt mainly through donations but from regular people rather than the rich. Her site had gained popularity and also made the news. I would say her case would be more on the rare side rather than the norm.

Sure there are lots of millionaires out there that help people but most of the time it is through tax-deductible donations to charities. Most of these millionaires weren’t born with a silver spoon as were self-made so they had worked to get where they are. Given that they probably wouldn’t easily part with their money unless there was a benefit in it for them. There may be a few that help out strangers randomly with no expectations but I wouldn’t count on it.

I was curious to see if there are any millionaires out there that would give away money and I came across this one website. Of course the identity of the millionaire philanthropist was kept secret to protect he or she. And they would only help a certain amount of requests a month up to a maximum amount each and couldn’t guarantee it would be you that particular month (or any month for that matter). Seemed like worth a try since it wasn’t costing anything.

It didn’t quite add up because they were requesting in the application that you refer some people to the site. Although you didn’t have to but if you chose not to, then some bold ad came up asking you to visit their sponsor’s website that obviously was selling something or another.  I never did fill out this application just clicked through to see where it would have led, suspecting there was some catch to this generosity and of course there was.

The no brainer was that there are ads on the site that they do make money from and are promoting programs on other parts of their site that would cost money out of your pocket.  I suppose they need to add to their coffer in order to meet all their thousands of requests. 

I also searched around and never found anyone who was helped by this millionaire due to all the anonymity of it all.  It would make you wonder that everyone helped is very good at keeping secrets or if anyone is being helped at all, and basically a gimmick to promote the site to get sponsors and make money for themself. If so, then they have mastered a clever way to make money online.

I myself am not solving my debt problem from donations…though I too wish was the case…but from the effort I’m putting in. When it really comes down to it the only person who can help you get out of debt is yourself.

If you are like me searching for ways to make money to pay debt and get on the road to financial freedom, then consider niche blogging as a way. Niche blogs can be created using the popular content management platforms wordpress or blogger. They do require a lot of effort in creating, researching niches, adding content, marketing and can take time before generating sufficient enough income. But if you are looking for something easier to set up and get you quickly on the road to making money, then consider AutoBlog Samurai automated software for creating your niche blogs.

You may be asking what are niche blogs. Well this site is a niche blog as it targets the niches debt and making money.  There are many niches out there but generally you should target higher demand profitable niches that will draw traffic to them. You would keep them updated with niche specific content and monetize them through affiliate programs to earn from once they are generating traffic. This is an area I am now concentrating on in building a long term passive income for erasing my debt and be financially free. I am able to create blogs myself  but some people may not find this as easy to do, especially if they are new to internet marketing, or just want something that they don’t have to attend to on a regular basis and could basically leave on autopilot. This is where Auto Blog Samurai comes in to do the job for you.

The features of AutoBlog Samurai include:

• indepth easy to follow instructions for selecting profitable niches
• creating unique content which automatically posts to your blog
• search engine optimization for generating targeted traffic
• 21 languages supported to create content in any specified language
• scalable capabilities to manage  a large quantity of blogs in numerous niches all hands-free
• extra bonuses

Now the software does cost but it is not as high as some out there and what it can accomplish makes it a worthwhile investment that can pay itself off and get you earning.

If you want to seriously make money online whether to pay your bills or just add to your income, consider niche blogging as a way to achieve your goals.

Click Here To Download AutoBlog Samurai & Start Earning With Your Own Niche Blogs

While I was making a plan to find ways to get rid of my debt, one of the first ways came into mind was blogging. I thought to myself, why don’t I start a blog where I can discuss my debt problems, keep track of my progress and just blog about debt and money issues. It’s not bad enough that I am already kicking myself for getting this deep into debt in the first place, why not make a public spectacle of myself too. I figured there must be enough people out there who can relate or would be interested to see how I’m tackling my debt.

I also thought if I can somehow make the blog popular enough, I could generate money out of it…which I could use towards reducing my debt. Of course it’s not easy starting up a blog and creating an instant fan base. You really need some stand-out gimmick for that, which I don’t have. I though needed something that not only is going to challenge and motivate me to succeed, but I could offer something of value that could attract visitors who would return.

So I added a debt free challenge to my blog, where I set a target date to eliminate my debt by with a live countdown. This should be interesting enough for people to see me succeed or fail, or just provide some amusement either way…while the clock keeps ticking. 

Now I just needed to add things that I could generate money from. So I asked for donations…which probably would  offend a few (or many)…or might draw enough attention to actually work. But of course I was not expecting that I could just hold a cup in hand and wait for someone else to get me out of my financial mess..no not at all. I just wanted to keep my options open just in case someone thought “I wish this blogger would accept donations”.

 I also wanted to make the blog versatile just in case some were tired of the discussion about debt and just wanted to spend money to buy an ipod or something. So I added a store, auctions and ebooks section that might interest someone to purchase an item that they were interested in and at the same time could help me get rid of my debt.

Then if my blog really grew in popularity, maybe those big advertisers would come along and advertise on my site for a nice sum…putting a big dent in my debt.

Or maybe…someone would be so impressed with my blog that they would offer a pretty penny to purchase it and completely wipe out my debt. 

Ah yes…blogging away my debt is how I’m going to achieve my goal to be debt-free.