5 Takeaways from “Starting Your Career as a Contractor”
“Starting Your Career as a Contractor” by Claudiu Fatu fills an integral part of my knowledge of the world of real estate. As a real estate investor, there are four top professionals you will interact with to perform the best deals: lender, property manager, real estate agent, and general contractor. I have already read books…
How to Create Passive Income 103: For Advanced
There is a vast world of passive income, and now we are traveling deeper into the abyss. If you haven’t already, please read the first articles in the How to Create Passive Income series here (101, 102). Let’s jump right into the mix. Advanced Investing. Building wealth over time in the stock market doesn’t take…
How to Create Passive Income 102: For Intermediates
Today, we are going to get into some more advanced topics concerning passive income. If you haven’t read “How to Create Passive Income 101: For Beginners,” please do so before reading further. I am jumping right into the fire. Intermediate Investing. Last time we talked about building a dividend growth portfolio. I love DGI portfolios,…
How to Create Passive Income 101: For Beginners
Are you new to the world of passive income? I’m sure you have heard all the talk about how cool it is to have passive income flowing while you sleep. You probably haven’t heard how difficult it is to start building streams of passive income, right? When I say difficult, I don’t mean complex. I…
Passive Income: What Gets Rewarded Gets Repeated
Building great habits and behaviors can be difficult, especially if we are trying something completely new. To create passive income, we will need to form daily routines that make ourselves and our lives more productive. Today, I am going to break down how to get rich slowly. And by slowly, I mean in a few…
Why I Subscribed to Kindle Unlimted as a Content Creator
I read a lot. Probably more than the average person, but not as much as the average Kindle Unlimited reader. Over the last 14 months, I have finished 70 books, giving me a rough average of one book a week. When I first started heavily reading books, I felt that I needed to buy each…
Dividends vs. Capital Gains 2
There has never been a better time to make the switch from a capital gains investor to a dividend investor. In fact, I would classify most capital gains-lovers as traders. As we move into an inflationary period, the growth stocks that many capital gains traders love may not outperform as they did over the last…
Build Wealth Slowly
What’s the rush? We all seem to want to become wealthy beyond our wildest dreams—quick, fast, and in a hurry. The quote “it’s not about the destination, it’s about the journey” comes to mind. So, how do we slow down, reduce stress, make great decisions, enjoy life, AND become rich simultaneously? The answer is that…
From $28/mo to $700/mo in Passive Income in 2 Years
What a difference a year makes. How about two years? We started our journey on the path to financial independence in June 2019, roughly 27 months ago. In October 2021, my wife and I reached $700 from various passive income sources. This is an incredible number, especially since it doesn’t include the rental income from…
Sell Your Creativity for Passive Income (T-Shirts, Stock Photos, Printables)
Are you a super creative person? Do you wake up in the mood to try new things and different ideas? Today, we will talk about various ways to use your creativity to make passive income on the internet. Don’t worry; even if you aren’t creative, you can still become highly successful on the internet. As…
My Experience Running Facebook Ads
When you start a business, advertising is a vital part of growth, and you should plan as such. Today, there are many places where you can advertise, and each has its quirks. Learning how to advertise on each particular platform can lead to spectacular results. It’s just not for me. I own a blog and…
5 Takeaways from “An Expat’s Experiences of Living in Turkey”
“An Expat’s Experiences of Living in Turkey” by Colin Guest is an extraordinary true story of love and loss. I’ve been writing articles about moving overseas and living on passive income, and I needed more details of the expatriate experience. This book is precisely what I was looking to find. My wife’s sister lives in…
Read These 10 Books BEFORE Buying a House
If I had to redo my first home-buying experience back in 2008, I wouldn’t change anything. However, I would have taken the time to read exactly what I was getting us into during the process. I, of course, read multiple articles online about the home buying process, but nothing about being a real estate investor.…
Why Is Talking About Money BAD?
Why is there such a stigma about money? Why are we nervous to talk about our bank accounts and investing habits? Are we ashamed? Or do we think we are behind everyone else? Most of us grew up in households that didn’t have much money; thus, we weren’t allowed to talk about money. The church…
Inflation vs. Crypto
Inflation is currently a hot topic, and it will probably be for the next 4-6 years. The Federal Reserve and Treasury Department printed a lot of cash that will slowly enter the money circulation. I previously wrote a few articles about assets and inflation (royalties, dividends, rents, passive income), but today I wanted to focus…
Stocks vs. Bonds: Is 60/40 Still Effective?
Times are a-changin’, but strategies remain constant. One of the more effective strategies from the 1970s and 1980s was the 60/40 split between stocks and bonds. But is that same strategy still effective today? Or is the concept of diversification the underlying prize of the party? The 60/40 rule promotes that investors best prepare themselves…
How to Retire in California
Sometimes we ask to achieve difficult things in life—it’s human nature. We could be living somewhere perfectly affordable, but then we ask for the near-impossible. Don’t worry; I’m not mad at you. I wrote an exquisite collection of articles called the Living Overseas Passively 101 series, where I give suggestions on how to move somewhere…
The Passive Income Grind 2: Relax
The world teaches from an early age that the only way to make money is via a job and an employer. We need to fill out an application, submit a resume, attend an interview, and be chosen by a human resources representative. When your job goes away, then it’s on to the next one. This…
What Type of Home Business Should You Start 2: Outside
Who wouldn’t want to work outdoors in the beautiful sunshine and fresh air? Even better, working from home and being your own boss—now that sounds like a dream come true. It’s time to make this dream reality by starting a home-based outside business. Benefits of an outside business. In a world of online resources and…
Become a Real Estate Investor BEFORE Buying Your First House
Please don’t make the same mistake that I did. Buying a home is a fantastic experience, one that can sometimes become emotional (because of your significant other). Do not buy a home unless you have the mindset of an investor! I will quickly walk you through how we purchased our three homes, all with different…