While we are still in the first quarter of the year we can look for better ways to work less and making more this year. How do you prioritize this on your entrepreneur journey? Here are a few tips on making that shift from few hours to greater income.
You’ve decided to start your stock market journey. You’re ready to take bold actions and start investing.
There’s this nagging feeling if you’re going to come out of this alive!
Don’t worry, this is completely normal. Getting out of your comfort zone is scary. But you still deserve a pat on the back for finding the courage to invest. Not everyone has the guts to do so.
Working in an 8-hour job or traditional business can be draining. Sometimes it feels like you’re only getting paid just to stay afloat.
Most of us might have no idea where our money went and probably, we might have spent them on our daily bills, loans, shopping, night out with friends, etc.
This is why we need to invest. With investing, you get to reap the fruits of your labor and you’ll never have to regret your money only went to monthly bills. Not to mention the long-term financial cushion it provides.
So what is investing?
Today I’m hosting a post from Jennifer Riner of Zillow. As you know, real estate is a huge part of my passive income strategy and if you can find a property that cash flows even after a hiring a property manager you’ve found a great investment. Read through the post below and let us know wht you think in the comments section!
Property investments require more time than some might assume. Placing rental advertisements, scheduling showings, corresponding with potential applicants and meeting prospects are just a few of the initial steps toward filling apartment vacancies. Some investors hire help to manage their properties and tenants while personally handling financial and administrative duties. Contracting assistance is often recommended, but not always financially smart. After all, employee salaries cut down on maximum profit.
To determine whether hiring professional property managers (PMs) is necessary, weigh the following advantages. [Read more…]
Passive income is probably one of the biggest reasons why so many people are starting niche sites or writing a blog these days. Just in the personal finance sphere alone, it seems like there are hundreds of new blogs popping up every year. Some have good information, some have bad, but they all have one thing in common. A lot of new bloggers see the opportunity that exists to write about something they love and get paid for it. Once you’ve established yourself, you can hire other people to do the work for you and sit back and reap the benefits: this is passive income at its finest.
There are personal finance blogs out there that started just like this one(but 5-10 years ago) that are now selling for millions of dollars. Although these blogs are definitely the exception and not the norm, it highlights the potential that exists in the online marketplace. If someone is willing to pay 3 million dollars for a personal finance blog, they must be pretty confident in that blog’s ability to produce consistent income. [Read more…]