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“I Want to Create Passive Income, But I Don’t Know Where to Start” — Part II
…share it because it’s how I myself did it — and it’s what I’d do if I were starting from scratch again. The Passive Plan I could write a chapter…
3 Unconventional Ways to Super-Charge Your Savings
…But if you want actual results, you should work with human nature, rather than fight against it. In other words, embrace your inner sloth. Your inner sloth is going to…
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…This is a perpetual state of semi-working. If “mini-retirements” is like running sprints; “semi-retirement” is like strolling a marathon … with breaks for donuts. Lifestyle entrepreneurs and part-time workers can…
Not Earning Enough? Start a Side Hustle
…J-O-B Flex your hustle muscle Score a raise at work Switch careers Create investment income I’ve ranked those five choices in order from “immediate” to “eventual” in terms of payoff….
#64: Michael Kitces – Your Mind is More Powerful Than Money
Your potential is unlimited. I realize that’s the type of cliche that you normally find embossed in cursive script on the side of coffee mugs. It’s trite and impersonal and…
Should I Repay Debt or Invest? – 7 Critical Things to Consider
…spread between your investment returns and your interest rate. If you earn 7 percent through investments, and your interest rate is only 4 percent, then you’re losing 3 percent in…
#661: Q&A: Rebuilding After Debt Overload and a Near-Miss Foreclosure
When your income drops, debt spikes, and a rental property starts bleeding cash, it can feel like your entire financial foundation is cracking beneath you. Veronica, our first caller, is…
#524: Q&A: Don’t Waste Your Inheritance! Here’s How
…for two options. Option One is a guaranteed annuity starting from age 65 until death. Option Two is a lump sum payment I’d roll into a Traditional IRA to self-manage…
The biggest myth that keeps real estate investors from starting …
…IS your income). In the world of residential investing, lenders count the income you’ve collected, not future income you hypothetically project you’ll collect. (They do the latter in commercial investing.)…
