standard Secrets to Successful Crowdfunding

At Swank Life, there’s nothing we like better than capitalism infused with a liberal dose of entrepreneurial spirit. That’s why we think crowdfunding is one of the swankiest ideas spawned by the Internet Age. So…have you heard of crowdfunding yet? If not, here’s the thumbnail sketch. In the past, an entrepreneur with an idea but short on funds was caught in a serious catch-22 situation. It takes money and connections to start a business but, when you’re just starting out, who has money or connections?
To complicate the money-raising matter even further, securities regulations (until recently) set a high standard for individuals wishing to invest in a small, for-profit company – either $1 million in the bank or a $200,000 income for starters. This left out a broad swath …

standard True Swankiness is Owning an Island

You’ve worked hard to attain the means to allow yourself to conspicuously consume, but nothing says ‘capitalism at its swankiest’ like owning an island. If it’s good enough for Ted Turner, Richard Branson, and Larry Ellison, it’s good enough for you. How much do you need to buy an island? Perhaps the better question is how much do you have? The number should probably start with a b as in billions, especially if you want to go seriously over the top with impressive views and white sand splendor.
Here are a few of the more famous private island owners and how much they had to spend for the privilege.
Larry Ellison
The unquestioned king of island buying is Oracle co-founder Larry Ellison who spend somewhere in the neighborhood of $500 million …

standard 4 Ways to Produce Income (Which Do You Prefer?)

We’ve always been of the opinion that the swankiest lifestyle of all is the one that allows you to work less and earn more. Sounds like an oxymoron, doesn’t it? But to those lucky few who have set up shop in the land of passive cash flow via income property investments, it’s a reality. There are essentially four ways to produce income in this world (leaving out the trust fund kids and welfare recipients). Let’s take a look at each and decide which path a real swankster chooses.
Employee (Time = Money)
There’s no shame in working for an hourly wage. You’re in good company with the majority of the population. The only problem is that your wealth is limited by the number of hours in a day. You might …

standard Good Credit is Swanky

Here's the official word from the FTC:
how to prevent premature ejaculation
The Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies — Equifax, Experian, and TransUnion — to provide you with a free copy of your credit report, at your request, once every 12 months. The FCRA promotes the accuracy and privacy of information in the files of the nation’s consumer reporting companies. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the FCRA with respect to consumer reporting companies.
If you ever wonder whether or not you should bother obtaining your free reports – you should. Your credit score is your financial lifeline. Guard it zealously. Erroneous entries can and do happen frequently and, unless you monitor your credit at least once a …

standard The Boring But Critical Skill of Time Management

Today we’re going to open a can of boredom and talk about time management. Actually, this could be pretty exciting stuff unless A) you already have it under control, or B) you’re too silly to realize how important it is. Here’s a newsflash. You’re not the busiest person on the planet, even if it seems like it. We’re all busy. The difference between you and the got-it-together crowd is they have figured out a little thing called time management. Okay, maybe two little things. We probably should throw prioritizing in there also.
The problem for many of us is that we stay so damn busy mismanaging our schedule, we never take the proper time to break the day apart and put it back together in an efficient way that …

standard Gold – Not As Swanky As You Think

What’s been swankier than gold down through the centuries? Not much, if you listen to conventional wisdom. As tooth, neck, and limb bling, maybe it’s still okay, but not so much when it comes to investments. Here’s why.
The price of gold today is $1,712.82 USD. When considering how this precious metal has surged in value over the past decade (it was below $500 in 2001), it’s no wonder millions of Wall Street investors have begun to put a bit of gold in their portfolio, while millions of others remain sitting on the fence, contemplating doing the same. Swank Life founder, Jake Swank, would like to remind everyone that while gold is certainly a better bet than Wall Street stocks, bonds, and mutual funds, there are a few basic …

standard What is Your Social Currency Worth?

<a rel="attachment wp-att-674" href=""><img class="alignleft size-full wp-image-674" src="" alt="" width="160" height="240" /></a>Way back in the old days, say 1995, the Internet was a place to hide out, remain anonymous, live out wild Bondian dreams with little chance of the lies and escapades ever being attached to your real world persona. The idea of social currency that mattered a hill of beans was unheard of. But along came a little thing called Web 2.0 and suddenly we were all participating in Facebook, Twitter, LinkedIn. Some of us became bloggers, podcasters, and hopelessly addicted to the fun of it all.

standard Private Jets – Fly Like a Millionaire, Even if You're Not

<a rel="attachment wp-att-674" href=""><img class="alignleft size-full wp-image-674" src="" alt="" width="240" height="220" /></a>It used to be that if you had to ask the cost to rent a private jet, much less buy one, you couldn’t afford it. While the outright purchase of this type of aircraft is still reserved for people with names like Trump, Gates, and the Sultan of Brunei, you no longer have to be a gazillionaire to hitch a ride in style. One of Jake Swank’s favorite bits of advice for first class fliers who want to upgrade is shop around.

standard How to Legally Take Advantage of Your Bank

We’ve always been of the opinion that it’s pretty swanky to know your way around financial circles. If that’s the case, then banks must be the swankiest of them all. They know their investments cold, in, out, and upside down. There’s not an angle they haven’t calculated or a numerical permutation they haven’t figured. So how exactly can an individual investor turn the economic tables on their favorite national or local lending institution? It’s actually quite easy. Take out a long-term, fixed-rate mortgage tied to a piece of income producing property.

standard A Short History of Luxury

<a rel="attachment wp-att-674" href=""><img class="alignleft size-full wp-image-674" src="" alt="" width="159" height="240" /></a>Swanky people recognize and appreciate the better things in life. We like luxury goods as a matter of course: cars, yachts, private jets that leave a carbon footprint the size of <a href="" target="_blank">Al Gore’s</a> expanding waistline. When it comes to spending the wealth we create, it’s all about keeping our hard-earned (or sometimes passively earned) income in circulation. That’s the patriotic thing to do. And don’t forget about Uncle Sam’s affinity for a little thing he calls a “luxury tax.”
But not everyone has been wealthy all along. Some are just beginning to realize the fruits of their labor and for those people, the newly swank, we offer the following primer on how to recognize the better things in life. In short, know your luxury goods!