Take 5: A Roundup of Reads From Around the Web

This week: Why you can’t focus, why you shouldn’t look to Red Lobster for student loans, how stuff in your kitchen might help your complexion, how to flip thrift store buys for profit, and how to develop habits that will make you rich.

1. 5 Habits That Transformed Ordinary People Into Self-Made Millionaires

[Credit.com] “I studied 177 self-made millionaires and uncovered certain unique good habits that made it possible for them to automatically process success on a daily basis. Here are five of the top habits of self-made millionaires that helped them accumulate an average of $7.4 million in 12 years.

The five habits that create millionaires include making good goals, avoiding time-wasters, dreaming big, perseverance and having more than one income stream. Check out this article, then one I wrote called The 10 Commandments of Wealth and Happiness.

2. Flipping Thrift Store Items

[The Dollar Stretcher] “Initially, I stuck with what I knew, and found some golf shirts, shorts, hats, etc. I was making anywhere from $8 profit to $15 or $20 or more after eBay and PayPal fees. It was a fun hobby, and then I decided to get serious. I explored other areas of the thrift store and branched out into shoes and sneakers. These items yielded greater profits and sold more quickly. In addition, tennis racquets at my store were gold. I found one racquet for $3 that I sold for $75. I bought another for $4.99 and sold for $115!”

This is a topic we’ve explored many times in posts like How to Make Money Buying Locally and Selling Globally, but I never get tired of hearing stories about people making big bucks with little effort. Here’s yet another great way to turn some extra time into extra money.

3. 5 Money-Saving Beauty Products You Already Have in Your Kitchen

[The Penny Hoarder] “I first became interested in using alternative beauty products when I thought about the harsh chemicals in many creams, masks and scrubs. Replacing those products with fresh foods and items I’d normally throw away has been great for my skin, hair — and wallet.”

I’m not much of a kitchen guy, much less a beauty products person, but if you are, you’ll like this article. It explains the skin care benefits of avocado, coffee grounds, apple cider vinegar, honey and coconut oil. This must be the source of the expression, “You look good enough to eat!”

4. The Red Lobster Top Secret Student Loan Program

[Debt.com] “When you wait tables or tend bar at Red Lobster, ‘The best benefits in the industry await you,’ says the chain’s list of benefits. It includes this…”

Student Loans
Employees and their families can access low-interest educational loans. Pay for tuition, room and board or supplies at accredited colleges, private K-12 schools and approved technical schools.

In this article, Debt.com did an investigation of Red Lobster’s student loan promises and found them fishy. In fact, they discovered Red Lobster didn’t offer a special student loan program at all. This one is worth reading: Check it out.

5. 12 Reasons You Can’t Focus — And How to Fix It Now

[Wise Bread] “Why is it easy for some people to home in on a problem and give it laser-guided focus, while other people cannot go two minutes without staring out of the window or thinking about sitting on a beach? Well, there are many reasons beyond personality types. Here are 12 of the biggest reasons you may be having trouble concentrating.”

You can probably guess at many of the causes of losing focus, like not getting enough sleep and having too many distractions. But others aren’t as obvious, like not getting enough exercise, not having a plan and not having enough sex. Here’s an article that deserves your undivided attention.

Stacy Johnson

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Read Next: Ask Stacy: Where Can I Go for Help With Debt?

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