The Start of it all
My name is Thomas Jowers and I am 23 years old. I am a senior at Hardin Simmons University in Abilene, Tx.
From reading interesting blogs like Nevblog.com and others I decided that I wanted to do something a little different.
So my goal is to try to make $1 a day by the end of the year but investing with the budget of a college student, since I am one.
I actually have a lot more money/investments than what I will be expressing in this blog, again, I am trying to do this from the vantage point of a college student.
So I am going to act like I just received my Income Tax money and my birthday money, and I want to make it make me money. (p.s. I haven't received my income tax money yet due to a screw up from my mainstream tax preparation service providers that charged me over $220, due to me owning a business)
If I add money to one of my accounts that we are following in this blog, it will not count as money made but will be seen in the totals. I will not include my 401K savings or money made from my online ventures. I will add the money made from advertising on this blog because a college student could easily start and secure advertising on a blog like this one.
Totals will be updated on the first of every month with other note worthy items posted as they happen. I will also try to do experiments like Neville does to have fun with this site and get more students interested in making cash in unconventional ways. We will also have investing and savings tips, but we will NEVER recommend a stock!
My accounts include:
My Investing Account (will have less than $1,000 again to simulate the savings of a student) (this total will be posted at the end of trading on March 1st, 2008 to give me a bench mark on which to calculate returns)
Money Market Account (any student can get one)
Savings Account (most students already have one of these)
Personal Loan Account (I will let everyone know how to get this started, I have tested it for over a year now!)
If anyone has any ideas please let me know. I have been setting up seperate financial accounts for this blog so I can keep everything seperate! This experiment is meant to be fun, exciting, and informative.
After I reach my goal of making A BUCK A DAY, we will set a new goal to keep this blog alive. I want students to learn from my mistakes and implement the things that work!