Uncategorized My Money Tips Blog

8 December, 2017

If you travel to Europe you are going to have to deal with the VAT anytime that you make a purchase. Most people are not entirely clear on what this is,even most of the people who live in Europe. There is a tendency to treat it like a sales tax but in reality there are some important differences between a sales tax and the VAT.

The VAT is the value added tax in Europe, a lot of people assume that this is simply a sales tax and from the perspective of the consumer it is. However the tax is only applied on the value added at each stage of production which greatly simplifies things when it comes to determining who has to pay tax and who doesn’t. This approach also ensures that an item is only taxed once which may not be the case with a straight sales tax.

With a sales tax there is generally no tax collected until the final sale to the consumer, this is not the case with the VAT. In the case of a value added tax if a company is producing a product they will pay the tax on the materials they need to produce the product. The item would then be sold to the retailer who would pay tax but only on the amount of value that was actually added by the manufacturer. The retailer would then sell the product to the consumer and collect taxes based on the value added by the retailer.

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Wednesday, April 18th, 2012Uncategorized

You might already have a steady job but thinking of boosting your income. Here are some proven ways to get some extra cash:


Babysitting is not just for the teenagers. Parents actually would love to have an adult care for their child while they are away. They can even give a premium for having you around.

Do some errands

There are people who are just busy to do some things they need to do. You can see this as an opportunity and do some tasks like buying some groceries, looking for items, delivering gifts, or driving them around.

Dog Walking

This is perfect if you love dogs. A lot of people do not have the time to exercise their dogs so you will be the one to take them out and walk them around the block or take them to a park.

Mystery Shopping

You can sign up to be a mystery shopper and you will be sent to restaurants, malls, and supermarkets to see how marketing and customer services are implemented.

Cleaning houses

You can do this from time to time like when people need help during their Fall or Spring cleaning. You can also do regular stuff like washing windows or offer special one off services like cleaning certain areas of the house like garages or help families during special events.

Online Job

There is a lot of money you can make online. You can do freelance writing, transcription, accounting, graphic design, website design, and the list goes on. You can do these things from the comforts of your own home.

Offer lessons

If you are very good something, you can share your knowledge or talents. You can teach people how to play a musical instrument, maybe repair a computer, or teach kids with their school subjects.

Tags: babysitting, cleaning houses, do errands, dog walking, earn money, mystery shopping

Thursday, December 15th, 2011Uncategorized

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