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How does Youtube make money

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This is a question that has been going through my mind for ages now. I’ve asked this question to many people that use this service that are quite internet savvy and the answer that most of them reply with is they sell adds on their site. Ok, that I understand but what is another monetary generator that they have at their disposal?

My wife, who has the most keen internet mind that I know, always tell me to not watch too many tunes on Youtube. I told her that I use this site in order to find other ways to play a tune, that will help me change it up if I play the song live OR just to to be a more well rounded guitar player. At first I asked her why and she said that we have to keep close attention to the bandwidth that we use watching things on Youtube. If we go over the band width too much, then the our ISP will bump us up to a more expensive package! Really, I said?!

You have a site that has millions of people uploading and downloading daily! They put up anything THAT THEY deem important and it is saved on this site for God knows how long.

First of all, imagine how many hard drives that these guys use? They obviously have many locations that support their servers, that must cost a few bucks. Then, try to wrap your head around that bandwidth issues that they have?! And I’m worried about mine! I also wonder if they use any RAM in their servers? Humm?

Personally, I think that they must get some HUGE kick backs from your local ISP (Internet Service Provider). Your provider makes more money when you overextend your bandwidth and Youtube provides the tool to help you blow by your coverage?!

What do you think about this concept?

Keep on Jammin’




It’s wonderful to be a home owner

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I can’t believe that we’ve owned our house for almost 7 years. For a time we didn’t think we’d ever be able to own a house. In fact it was my wife that finally convinced me that we could do it and you know what she was right. We are doing better in our own home than when we rented an apartment.

I think it was the whole idea of applying formortgages that scared me. Well applying for one, getting it and having to pay it off. We were really lucky though when we got our mortgage. The interest was unbelievably low at the time and for the first six months we didn’t even pay any interest, then we paid 0.5% for another 6 months or so … and then it slowly crept up to about 3.75% by the end of the first 5 years that we owned our home. Obviously we had a variable mortgage. Even though our interest rates increased over the years that we had the first mortgage ours was still lower than many of our friends who purchased their homes just before we did, or even a few months later. Our timing was fantastic!

Last year we applied for a mortgage renewal. Since it was our first renewal that was a bit scary. We actually toyed with the idea of either getting one of those secured loans or perhaps even to Remortgage when we were renewing because we are in the middle of renovating and we’d slowed down for a bit. I wanted to just borrow some money and hire someone to finish the work, but we decided not to do that.

When we did get our first mortgage we found it nerve wracking. The banks look into your credit history and want to know all the nitty gritty details of your finances before they’ll approve your mortgage request. Plus you never know how much of a mortgage you’ll qualify for until they tell you. Now that we’ve been through all of that I’m glad the bank did their homework on us and checked us out thoroughly. I mean, they approved a mortgage that we’d be able to pay. Wouldn’t it have been awful if they let us decide how much of a mortgage we wanted for a home and it ended up that we’d purchased a home that we couldn’t really manage the payments for? That’d be awful.

The mortgage that we were approved for was a little less than we’d been hoping for, but as you can see, we managed to get a house that we’re very happy with, in a great neighborhood, close to work and we’re happy with what we ended up having. We can afford it. The payments are more than manageable, even with my wife off work due to illness, and we’ve even managed to pay a bit extra on our mortgage so if we’re lucky we might have it all payed off in less than 15 years.

How have things turned out for you with your home mortgages? Or Do you even have a home? If you don’t – are you a bit nervous about going through the whole buying and mortgage approval process?

Compare and learn more about loans at SelectLoans.co.uk

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I hate having to apply for loans. Don’t you? It’s like the bank has all the power and you stress while you wait to hear whether they’ll say yes or no to your request.

The only loans I’ve really had to deal with have been student loans from when I went to college, and the loan for our car. Our credit rating wasn’t so hot when I applied for our car loan and I ended up having to accept a loan offer from my bank that was at a higher interest rate than I thought I should have had to pay.

It’s too bad that I didn’t know about places like SelectLoans.co.uk when I was searching for either unsecured loans or secured loans. I could have just used the site to compare loans and perhaps to get quotes from different loan and banking institutions in order to get the best rates.

If you think that you’re going to need to take out a loan sometime in the near future you should check out the SelectLoans.co.uk site as there are a lot of great resources there that discuss mortgage rates, financing and interest rates amongst many other topics.

I do think that loans are a necessary evil that pretty much everyone will experience at some point in their life. Unless you have a great job and earn lots of cash you’ll have to take out a loan one day for a car or a house or some other type of expense. The best thing to do when you get a loan is to make sure that the required payments are reasonable and to pay the minimum or greater each month so that you can get that loan payed off on time.

I know some people that take out loans to pay off their credit cards, and then end up getting more credit cards and take out more loans to pay off those bills. I don’t believe in that kind of behavior. It’s a bad cycle to get into and eventually those kind of people will fail to make their payments on time or over extend themselves and end up with bad credit ratings.

How do you feel about loans? Do you know people who’ve gotten themselves in trouble by taking out too many loans?

I found a great site for tax related information

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It’s the dreaded tax time of year. I should correct myself – all year round is tax time what with sales tax, and here in Canada GST taxes, however it’s now the time of year when we figure out all of our expenses, deductions and earnings and file our tax forms.

I really dislike this time of year. I’ve never had much of a problem with having to pay very much extra for taxes, but I still dislike doing my taxes. Which is why I was very happy to discover all of the Tax Debt information at Secureloanconsolidation.com.

I think I’m going to spend the next while reading all of the Tax related articles on the site, and see if I can figure out ways to avoid tax debt, and maybe if I’m lucky when I go through their Tax Help articles I’ll be able to find some new deductions that I hadn’t thought of applying to this years tax forms.

If you are like me and you’re in the middle of getting all your tax information together it couldn’t hurt to visit the site and read all of the tax related articles. I’m certain that it’s going to help me.

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