21 Passive Income Ideas
I’ve been beating the drum to passive income for the last year now. Every day I write something about financial mindset, retirement planning, investing, cryptocurrencies, real estate, and business. I thought I would gather up some of my small business ideas in one place. Disclaimer, these are just ideas—it is incumbent on you to make…
How to Profit from Electric Vehicles
Today, we will use everything we have learned about automated business, value, and luxury vehicle rentals to build a profitable business model in the eclectic vehicle space. It will take all our entrepreneurial wits to accomplish this, so let’s get moving. Background. I stumbled upon a video on the Electric Hummer by one of my…
Passive Income for Christmas
Christmas is a place for celebration and time with family. Celebrating Christmas is even better when you have the financial resources to assemble the family in one place. Christmas is costly because of distance, plane tickets, event planning, and of course, gifts. I’ll admit, I am not a huge fan of giving gifts, but I…
Become A Bonafide Real Estate Investor part I: The 1% Rule
Man, do I love starting and completing series. Welcome to the Become a Bonafide Real Estate Investor series, where we will cover some of the basics of real estate investing. I plan to review some terms, methods, and investing techniques to give you an idea of the real estate professionals’ actions. I am not a…
5 Takeaways from “Effortless Money”
“Effortless Money” by Victoria Saxton is a book about the psychology of money. It may sound strange, but how you view money actually relates to how money flows to you. I know, I know, it sounds ridiculous. I totally believe in all this because I experienced a cash windfall once I transitioned to an abundance…
Do Men Want to be Providers?
I know it’s a strange question, but hear me out. Do men really want to be providers? Now that I have crossed over into my 40s, I am starting to see the world through a different lens. Our 40s and our 50s are our prime earning years, and I am doing everything in my power…
Passive Income in DeFi 102: Borrowing and Lending
Wouldn’t it be nice to borrow $20,000 against your house in 15 minutes? You would just have to prove you were the homeowner, the home’s value, and wham, you have your collateralized loan. This may not be the case in TradFi—but, welcome to DeFi 102. Before I get started, please check out Passive Income in…
Let Dividends be Your Lighthouse through Retirement
None of us have a crystal ball to predict what the future holds. As much as we prepare for our retirement, our kids moving out, and future travels, we have no freakin’ idea how anything will play out. We are at the whim of the universe. So, how are we supposed to navigate this unknown…
The Passive Income Grind
The more I write about passive income, the more I realize society does not build people to receive it. Why is that? Before the payments become passive, you need to do a lot of work to get everything set up—I call this The Passive Income Grind. I never thought about the grind until I got…
5 Takeaways from “Covered Calls for Beginners”
“Covered Calls for Beginners” by Freeman Productions is what I needed for my mind to comprehend options, exactly. I read a massive book on options about four months ago, but I was still confused. This book focuses on just one simple strategy for trading options—covered calls. Covered calls are a Tier 1 (I’ll explain tiers…
What Is Your Rich Life 2?
Wow, I can’t believe it has been one year since I wrote part one of “What is Your Rich Life?” Now is a perfect time to re-evaluate our core values and what is important to us. Over the last year, I know I have been laser-focused on setting my family up for success in the…
What is Affiliate Marketing?
There is tons of content online about affiliate marketing and how easy it is to make money. But what is it, and can it become a source of passive income? Affiliate marketing is a simple source of passive income; however, you need to build and maintain an audience to succeed at affiliate marketing. What is…
Write Book Reviews for Passive Income
Do you love to read books? Do you love a specific genre like romance, mysteries, or nonfiction? Well, do I have a new income stream for you. Why not start a blog where you review the books you read? I stumbled upon this passive income stream as I was starting my blog almost a year…
Passive Income in DeFi 101: Interest from Coins
Another day, another series. I love writing mini-series because they challenge me to think outside the box and focus on the subject. Today I will be doing a deep dive on my favorite topic, Passive Income. This will be a little different because I will discuss passive income opportunities inside of Decentralized Finance (DeFi). I…
Mortgage Positive: Make Cash Flow from Your Primary Residence
Six months ago, I wrote one of my favorite articles of all time, “Mortgage Zero: The Art of Paying No Out-of-Pocket Living Costs.” This article is still my most linked piece ever because it is such a vital topic to me. Mortgage Zero proposes that you use your home as an income generator. Whenever I…
To Be Truly Free, You’ll Need $20,000/Month Passive Income
That’s right, $20,000/month in passive income will be enough to set you and your family free from the tyranny of the workforce. Keep in mind; this is living a down-to-Earth, “below your means” lifestyle. If you want the full “American Dream,” you will need much, much more. Why did I decide to put a number…
Become a Bonafide Investor part IV: The Value in Commodities
Commodities are one of the most important asset classes; however, most people haven’t even heard about them. How is this possible? Well, there is nothing sexy about talking about commodities. Before we dive into everything commodities, I’d like to welcome you back to the Become a Bonafide Investors series (Part I, part II, Part III).…
The Ultimate Chromebook: A Writer’s Opinion of the Samsung Galaxy Chromebook
Let me start by saying that this is not a review. I have been absolutely in love with the Samsung Galaxy Chromebook since January 2020. I am a huge Samsung fanboy and have most of their phones, tablets, and Chromebooks. This article contains affiliate links to the products I mention. When it comes to the…
I Have Everything I Want in Life… And Then Some
There are rare moments in life where you can truly appreciate everything you have worked towards. Whether it is coming home from deployment or surviving cancer, you will know when it hits you. I have had many of these moments throughout my 22 years in the Marines and 15 years of marriage, but none may…
How Would You Invest $300,000?
Let’s try something different today. Let’s do an exercise on how to invest some theoretical money. I hope you have been reading all my articles and books because we will draw on the power of retirement planning, investing, real estate, cryptocurrencies, and business. I am currently on the late-night flight from Tokyo to Dallas/Fort Worth⏤en…