3 Questions to Ask Before Buying a Cabin (and How to Find One!)
Ready to cozy up to your own slice of cabin bliss? Here’s where to start.
Ready to cozy up to your own slice of cabin bliss? Here’s where to start.
Hi, this is Michelle’s editor, Ariel! You may have seen me here before talking about taking my side hustle full-time, living in a small house, and real life frugality. When I’m not working for Michelle, you can find me spending a lot of time over at M$M, working as a staff writer and editor-in-chief. The […]
The post How To Reduce, Reuse, And Save More Cash appeared first on Making Sense Of Cents.
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®.
With so many possible side hustles available in today’s gig economy, how do you decide which to choose?
Today, I want to make the case that driving with for a rideshare company is a plausible choice for several reasons. But there are also some major distractions that you should be aware of before signing up.
My name is Josh Overmyer. I’ve completed over 2900 rides as an Uber/UberEats driver-partner since 2014. I know what you’re thinking: “That’s a lot of rides!” It is. And I’ve learned a lot in that time.
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.
TradeStation is an ideal low-cost platform for casual, novice, and intermediate-level stock traders that want to learn more about investing.
The post TradeStation Review: Commission Free Stock And ETF Trades appeared first on Bible Money Matters and was written by Lorraine Smithills. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.
Here are some tips from fellow parents and experts in the personal finance space to teach your teen how to budget.
The post How to Teach Your Teen to Budget Like a Pro appeared first on MintLife Blog.
5 reasons to Rent an apartment at The Swift Petworth Looking for a new apartment rental in the Petworth area of Washington, D.C.? Here are five great reasons to consider making your home at The Swift Petworth: 1. Proximity to public transportation: The community just steps away from the Petworth Metro station, making it easy […]
Read 5 reasons to Rent an apartment at The Swift Petworth on Apartminty.
Knowing what a vacancy is helpful when searching for a new apartment.
The post What is a Vacancy? appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
Hello! Today, I have a great guest post from Mama Bear Finance. She bought a house at 25, and just 8 years later, it is now fully paid off. She will share with you a story of why she bought a house at age 25 and what steps she took to get there. Her story […]
The post Buying a House at Age 25 and How I Did It appeared first on Making Sense Of Cents.