Passive income can be described as income that you receive regularly but does not require a lot of work to sustain it — money that you continue to make whether you work or not. Although there are many different ways to make money, we will focus on money-making ideas that don’t require as much ongoing … Read more
If you are a self-employed, a sole proprietor, or structured as an LLC, you probably felt left out during this crisis, because corporations and W2 employees were prioritized ahead of you by the governments. It was easier for you to apply for unemployment as a W2 employee. And it was easier for corporations to apply … Read more
Having a written business plan is essential when you are just starting as an entrepreneur. It helps you evaluate your business idea thoroughly before you begin, makes it easier to obtain a business loan or funding from investors, and provides you with a direction on the path to success. Because it has such a high … Read more
Many people feel like hobbies should be the first thing to go when it’s time to tighten the budget. While many hobbies might be expensive to maintain, that does not mean you necessarily have to give them up. In fact, your favorite method of stress relief might even be able to help you through a … Read more
This guide is intended to provide readers with ideas, how-to tips, and resources to build multiple income streams and make more money. If you are interested in becoming less dependent on your job and earn your way to wealth, this is the guide for you. On the other hand, this guide is not about getting rich … Read more
If you’re looking for a flexible work from home job, and you’re a decent writer, getting paid to write articles might be right up your alley. Getting paid to write isn’t necessarily the most lucrative job in the world, but it’s a great side hustle due to it’s flexibility and low overhead. Another key benefit … Read more
My first job after college paid $8 per hour in 1995 — not good start for an Ivy League alumni. That job was something to do while I tried to rediscover myself. I was lost and dispirited because I did not get accepted into a medical school. At that time, I was addicted to Magic: … Read more
Starting a business on a budget is no easy task. There’s always a product, gadget, gimmick, or location that someone’s willing to convince you that you need — the worst part is when you’re convincing yourself. After signing papers on my own space last Tuesday, I’m right in the thick of it but got some … Read more
I recently discussed a potential business with an enterprising friend. She wanted to sell handcrafted products on Etsy to make some extra income on the side. I think making income from a side hustle is a great idea. Personally, I am not the kind that discourages any type of income, but I want to highlight … Read more
We gave you a big list of legitimate passive income ideas, but what are some of the key success factors to build your passive income? The first thing you have to realize is that it is not easy, but there are key factors that will help you build successful passive income streams. Why is it important … Read more