alternative income

An alternative income is the concept of earning money from sources other than your job. This could be money you earned from selling stuff on eBay, investment income, online business, etc. The goal is to slowly build up alternative income streams so that you are less dependent on the wage or salary from your job. Ultimately, if your passive alternative income exceeds your expenses, then you reach the stage of financial freedom!

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The following is a list of the nationally available highest yields 12-month CD rates. In general, certificates of deposit (CDs) are great investments because your principal is protected by FDIC insurance and your interest rates are guaranteed. Moreover, you can use CD Ladder to make your CD savings more flexible and effective. You can open [...]

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If you pay estimated taxes, you may find yourself facing a tax debt when you come to fill in your tax return. As estimated tax payments are predominantly based on your income for the previous tax year, you can easily be crippled with a tax bill that is more than you anticipated if your income [...]

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Purchasing life insurance can be a little tricky. Insurance sales agents have a bad reputation for trying to get clients to purchase expensive products so that they can enjoy a larger commission check. Although not all insurance sales agents will try to use scare tactics to get you to buy the expensive products, here are [...]

thumb Five Ways to Make Extra Money from Home

Who doesn’t need some extra money, even if it’s just to increase your savings? As the latest economic downturn has shown, no one ever seems to have enough savings, and many of us have none, so having some extra cash to save without having to take an outside job is never a bad idea. There [...]

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Since most colleges don’t have classes on budgeting and basic money management it’s up to students to educate themselves. This collection of 33 free student budget calculators, spreadsheets and worksheets will help students of all ages create a workable budget — plus learn some basic budgeting skills along the way!

Image by Anxious Nut via Flickr
Here’s [...]

thumb Money Hacks Carnival #76 – The Fun Money Facts Edition

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The other day I was helping a friend prepare for a personal finance presentation to a group. I suggested that she break up her presentation with a group activity so that the session is more interactive. I don’t know if she will use my suggestion or not. However, I want to share the idea with [...]

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