Financial Freedom
Is It Fair to Earn Passive Income?
Some people have asked whether it would be sustainable if everyone tried to earn passive income, so let’s get that out of the way before we continue with this passive income series. I think the supposition here is that certain jobs don’t adapt well to passive income strategies, and therefore certain work is best suited [...]
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How Bartering and Trading Helps You Make Money and Help the Environment
Save Money and the Environment I live in a small town with a handful of clothing stores. That’s why I was thrilled when a local business owner announced she was hosting a clothing swap at her hip store Willow. I gathered up a bag full of unwanted items from my closet, entered the date and [...]
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Order Types for Buying or Selling Stocks
Buying or selling stock couldn’t be easier with today’s technology. Investors can go online or call an automated trading platform to instantly place a trade. But just because it’s easy, it doesn’t mean you can’t make a mistake. There are a number of different order types that can be used to help you protect losses and maximize [...]
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You Earn Passive Income by Being More Generous
Now that we’ve covered setting your passive income goal and a bit about the mindset of passive income — I hope you enjoyed the humor in the last post — let’s explore the details of how to actually create passive income streams. We’ll start out fairly high-level here and then drill down into the specifics [...]
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Jobs vs. Passive Income
Many people have the limiting belief that passive income is weird, unusual, complicated, or confusing. As I’ve mentioned previously, passive income isn’t particularly difficult in practice. In many ways, earning a living through streams of passive income is easier than earning a living through a job or as an independent contractor, especially in the long run. [...]
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Five Places You Can Listen to Music for Free
Want to listen to music while working out or cleaning house but don’t want to pay an arm and a leg for it? Why don’t you try these five sites on for size? Not only will you have unlimited access to all your favorite tunes, it also won’t cost you a cent! Now, that’s what [...]
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Commit to Your Passive Income Goal
Now that you’ve set a specific passive income goal (as per the Set Your Passive Income Goal post), it’s time to strengthen your connection to this goal. The idea here is to begin believing in your goal so that it becomes more real and solid, not just some airy fairy fantasy. Put Your Goal in Your Face [...]
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My Employer Stopped Matching My 401k – Should I Still Contribute?
This is one of the most frequently asked questions I’ve been receiving lately both at work and via email. Companies across the country are trying to find ways to cut costs during this recession and a prime target is the matching program on a 401(k) or 403(b). This is bad news for employees, but the [...]
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3 Things to Think About When Getting a Pay Raise
The story is very typical. You get a call from the big boss and he asks you to come into his main office. You’ve been working hard the last two years and you’ve been hoping and praying for a pay raise. Your blood races faster and you start smiling. You walk confidently into his office [...]
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How to Buy a New Car the Right Way
Next to buying a home, buying a new car is right up there as one of the largest and more stressful financial decisions you’ll make. After all, buying a vehicle is a commitment and your decision will likely stick with you for a few years and become an integral part of your life. That’s why [...]
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