Posts Tagged ‘alternative income’

Recently, I was tagged by Be This Way to share my five financial goals. I have been meaning to update my goals, but never got around to it — so this is as good a time as any. Here are the five three goals (I stole the idea from This Wasn’t in the [...]

Risk management is a methodology to mitigate negative consequences resulting from threats and uncertainties. In this article, I’ll be exploring financial risks focused on personal finance and how to minimize these risks. Since risk management is a huge topic, I am going to limit it within the scope of the REAL Wealth Building [...]

Updated: 7/30/2008
This guide is intended to provide readers with ideas, how to’s, and resources on building multiple income streams and generating extra income. If you are interested in earning more money and becoming less dependent on your job, then this is the guide for you. On the other hand, this guide is not about [...]

Over the past few weeks, I have been thinking about my career quite a bit. Perhaps with a few exceptions, I felt that career is a dead concept for many of us. What would prompt me to say such a negative thing? Basically, I dodged a downsizing bullet not too long ago. It’s sad [...]

Last night, I was pondering the subject of cash flow (essentially how money flow through our hands) and about financial well being. I played around with various visualizations that consist of income, expenses, debt, and assets. What I came up with was the 5 stages of financial health below.
I believe that all of [...]

After reading Pinyo’s article entitled 7 key factors to Build successful alternative income streams. It really got me thinking about the various aspects of our personal finances and how appropriate each one is. In the article Pinyo makes an excellent point right at the start in which he comments
Do what you love, if you hate [...]

At the beginning of the year, I shared several goals and established some milestones to be achieved by April 1st. In this post, I am planning to update these goals and set new ones for the future. I am doing this because I believe having clearly defined goals is the key to success. And [...]

Some people views anything related to alternative income streams (aka, making money) as scammy, a waste of time, or taking too much effort. Some give alternative income building a try and give up shortly after, because it takes too much time and effort for the minuscule initial results. Why should you bother working on something [...]

When I wrote Building, Diversifying, and Shifting Your Income Streams, there was an important element that I left out. That element was some practical real life ideas about how you can start building alternative income streams today. It is worth noting that not all of these are passive income ideas, so you will actually have [...]