3 Ways to Prevent Hearing Loss â and Why You Should
Half of people 75 and older have disabling hearing loss. Taking a few preventive steps can preserve your hearing for longer.
Half of people 75 and older have disabling hearing loss. Taking a few preventive steps can preserve your hearing for longer.
It takes money to start and keep a business running, and access to capital is one of the major roadblocks to business ownership for many would-be entrepreneurs. However, there are several ways individuals can use their retirement funds to finance ⦠Continue reading â
The post How to Use a ROBS 401(k) to Finance a Business appeared first on SmartAsset Blog.
Every now and then, The New York Times gives us an awesome new personal-finance tool. Back in 2007, they created an amazing rent vs. buy calculator, which they’ve diligently updated and maintained over the past fifteen years. A couple of weeks ago, they unveiled their where should you live? tool. [Warning: possible paywall, which is unfortunate.]
Here’s how it works:
We created a quiz using data for almost 17,000 places across more than 30 metrics. Realtor.com shared housing prices with us; Yelp contributed tallies of restaurants, music venues and gay bars; and AccuWeather helped us collect statistics on temperature, sunshine and snowfall, to name just a few of our sources.
We want the quiz to be useful to anyone whoâs thinking about moving â not just affluent, highly educated people who are working remotely because of the Covid pandemic. Weâve included data on affordability, jobs and abortion rights, which could be relevant to young people deciding where to start their careers. And weâve quantified health care quality, snowfall and crime rates â criteria that might be top of mind for retirees.
To use the tool, you select from 35 different factors that matter to most people, factors ranging from population density to climate to racial diversity to political affiliation. You can even emphasize the qualities that matter most to you. The tool tells you which American cities best match your preferences.
Start the year on the right foot and you’ll end it with more money in the bank.
Everyone could use a little extra cash every now and then. While your side hustle wonât make you rich, you can use the money to cover bills, pay for an upcoming expense, or even splurge on something you want. To help you get started, I’ve compiled an exhaustive yet actionable list of 59 ways to make $100 per day.
The post 59 Ways to Make $100 Per Day (Super Fast) appeared first on Good Financial Cents®.
While COVID-19 has left many wondering where the next paycheck will come from, reassessing our financial plan has been an important step.
The post What to Do When Work Dries Up appeared first on MintLife Blog.
Earlier this week, J.D. wrote about what he calls the biggest truth in personal finance: You can’t get rich through frugality alone. As Liz at Frugalwoods says, “You can’t frugalize income you don’t earn.” Income is one-half the fundamental personal-finance equation, and it’s probably the most important half.
J.D. advocates a three-pronged attack for boosting income: becoming better educated, becoming a more valuable worker, and learning to negotiate salary. But I think he’s missing a fourth important income source: the proverbial “passive income”.
I know, I know. Passive income has a bad reputation. Actually, passive income has a terrible reputation. And deservedly so. The Land of Passive Income is populated by scammers, hucksters, and charlatans. “Hey, little boy, wanna buy my course?” (Sorry, no links. They’re easy enough to find without us helping them.) That’s too bad because legit sources of passive income can be a great way to make more money.
First up, let’s be clear: Actual passive “passive income” (as pitched by the scammers) is a lie. It doesn’t exist. When we talk about passive income, we’re talking about ways to make minimal money with minimal effort. Does that make sense? And it’s a supplement to your main income, not the primary source.
To me, passive income is money thatâs earned, usually on a recurring basis, without a significant time investment.
For example, if you own a rental property that brings in $1500 each month, but only requires two or three hours of time to manage, that’s (mostly) passive income. Most nine-to-five jobs are the opposite of this. The income you earn is tied closely to the amount of time you spend at the office.
Thatâs not to say that passive income doesnât require effort, though.
Often, thereâs a lot of upfront work required before income can become passive. Using the same rental property example, before you can make any money, you have to purchase and renovate the property, and spend time advertising and interviewing potential tenants. All of that takes time and money.
Or, take J.D.’s book as an example. When I asked, he told me that he spent four months working full-time in 2009 and 2010 to write Your Money: The Missing Manual. That’s not passive! But he hasn’t touched the thing since then, and he continues to receive $50 checks every month. That is passive.
Some degree of passive income is possible — and without shyster shenanigans. In this article, Iâve compiled 40 passive income ideas for you to consider. Not all of these passive income ideas will be right for you. In fact, maybe none of them will fit you. That’s okay. But I’m willing to bet that many GRS readers will find at least one source of inspiration here that they can use to help increase their income…even if it’s only a few dollars per month.
Whether youâre a full-time working mom or you stay at home to take care of the kids, you may find yourself looking for ways to boost your familyâs income. Make use of your spare time by taking on a side hustle to expand your budget. Consider these 47 different side hustles for moms to find
The post 47 Side Hustles for Moms to Try in 2021 appeared first on MintLife Blog.
Online banks generally pay higher interest rates on deposits and charge fewer fees for services than traditional banks. On the other hand, online-only banks canât compare to brick-and-mortar branches of a traditional bank when it comes to dispensing physical dollars ⦠Continue reading â
The post How to Withdraw Cash From an Online Bank appeared first on SmartAsset Blog.