How We Survive (and Thrive) on Just One Income (and How You Can Too!!)

Just One Income

I knew we lived simply, but how in the heck do we survive on just 1/3 of our income with my wife being a stay-at-home mom?

Do I earn a six-figure salary at my day job?

Nope.

Well then we must be living in an RV in my parents’ driveway, right?

Ummm, not even close.

How We Survive (and Thrive) on Just One Income

Liz and I live in a 3 bedroom, 1.5 bath home in a fantastic area of town. We go out to eat almost every weekend and give 10% of our income away to our favorite charities. For the most part we’re pretty normal, so how is it that we only need 33% of our one income to survive?

There are FOUR main reasons.

1) We Paid Off Our Mortgage

My last relationship failed and like most, the majority of our fights circled around the topic of . . . → Read More: How We Survive (and Thrive) on Just One Income (and How You Can Too!!)

How We Earned More This Year, But Paid Far Less In Taxes

Paid Far Less In Taxes

Remember this post from last year?

“Liz and I are idiots. While many of our friends have paid nearly nothing in taxes, we found ourselves paying over $22,000 to Uncle Sam…”

It’s been almost a full year since that post and I definitely haven’t forgotten it. In fact, all last year I was consciously making moves that would drive us to a wealthy future, but with much fewer taxes. And guess what happened? We paid in nowhere near $22,000. In fact, we earned $5,000 more and paid just $11,776 to Uncle Sam this year. BOOM!

How We Paid Far Less In Taxes

So how the heck did we do it? How could we possibly earn more money and pay half the taxes?

What we’re doing must be illegal, right?

Wrong. (If it were, I probably wouldn’t be announcing it to the world on this insanely popular blog now . . . → Read More: How We Earned More This Year, But Paid Far Less In Taxes

5 of the Best Hobbies to Have (or Begin!) for Earning Cash

Best Hobbies to Have for Earning Cash

If you’re racking your brain to come up with a way to earn some extra money this month, the answer might be right under your nose.

Most of us either have a hobby we enjoy, or we had one, once upon a time. Dig that instrument out of the closet and you’ll find that, like riding a bike, the basic knowledge is still there. Rusty, but there.

This post was written by our talented regular writer, Jamie Jeffers.

5 of the Best Hobbies for Earning Cash

My music instructors passed on the often told advise that if I just put in 15 solid minutes of practice per day, I’d be a better musician than most. Now I know that they were just trying to get me to pull my flute from its case. The truth is, getting started is the whole hurdle. Once you jump that, 15 minutes melts into . . . → Read More: 5 of the Best Hobbies to Have (or Begin!) for Earning Cash

How to Stay Motivated After Getting Out of Debt

Stay Motivated After Getting Our of Debt

There’s no shame in slowing down a little bit once you get out of debt, but there are so many people that take their foot off the gas completely! And sometimes they even start driving in reverse and dive back into debt! Why is this? And what steps can you take to stay motivated after getting out of debt?

Why Do People Go Back Into Debt After Getting Out?

You’d think that once people rid themselves of their debt, they’d vow never to go back in, but it honestly seems to happen more often than not. So what on earth are these people thinking? What is it that drives them back into debt?

1) It’s a Habit

It’s incredibly easy to buy stuff you can’t afford, and when you’ve done it all your life it’s crazy difficult to kick the habit. With the media swirling all around you, telling you . . . → Read More: How to Stay Motivated After Getting Out of Debt

Weekend Side Hustles That Can Make You Extra Cash

Weekend Side Hustles

If you have decided that you want to make extra money this year, you’ve probably come across the term “side hustle”. A side hustle can bring you extra cash, fulfill your need for a hobby, and even turn into a full-time gig.

Weekend Side Hustles That Can Make You Extra Cash

But what if you don’t have the time for a side hustle just yet? Well, this list of weekend side hustles may be just the thing you need. These side hustles are perfect for those that don’t have a lot of time!

This post has been written by our regular writer, Kimberly Studdard.

1) Drive People Around

Most likely you’ve heard of Uber or Lyft, so why not drive for them? Some recent articles have shared that people can make a full time income driving for them, but even if you don’t, driving people around could make a great . . . → Read More: Weekend Side Hustles That Can Make You Extra Cash

3 Ways to Increase Your Chances of Getting Promoted

Getting Promoted

While a lot of the common financial advice out there for earning more money points toward starting a side hustle, it’s not the best solution for everyone.

In fact, in some cases, it could be far easier to earn more money in the form of getting promoted at your job it is to start a business. Because, quite frankly, starting and running a business is the furthest thing from easy.

This post has been written by Amanda Abella, author, speaker, and long-time blogger.

3 Steps Toward Getting Promoted

With that being said, there are certain things you can do to increase your chances of getting promoted.

1) Ask for it.

One of the biggest mistakes employees make is assuming they are going to get a promotion. They think that if they just work really hard someone will notice and offer to give them more money.

Yeah…that’s not usually how it . . . → Read More: 3 Ways to Increase Your Chances of Getting Promoted

How to Earn an Unlimited Income With Your Blog

unlimited income

Very rarely do I lay awake at night, but last night I was on my back…eyes wide open…staring at the ceiling…so I started thinking about my website. And I had a eureka moment. I immediately grabbed my phone, opened my notes, and quickly messaged myself the outline for this very post.

How to Earn an Unlimited Income With Your Blog

I started my blog at the tail end of 2010. Since then I’ve earned over $100,000 online…but after last night’s epiphany, I figure that I’ve left at least $400,000 on the table. Maybe even more than that.

I’ve lost all of this money because my views on earning a blog income have been completely wrong. My opinions of business have been skewed. What I thought I knew about growing an income has actually placed a glass ceiling directly above my head all these years.

My Glass Ceiling Experience – and . . . → Read More: How to Earn an Unlimited Income With Your Blog

10 Ways to Earn Money With Your Tax Return

Earn Money With Your Tax Return

People all across America are opening their mailboxes with that unmistakable grin on their faces. Finally, it’s not just bills in that metal box. There’s a paycheck in there and it’s from Uncle Sam! They grab that holy grail of a parcel, hold it up in the air and shout, “This money is going straight to savings!”

….Errrr, maybe not.

More than likely, they’ve already found out how much they’re getting back, spent it 3 times over with their credit cards, and now they’ll spend this money foolishly on something else (you know, instead of actually paying for the dumb thing they bought when they heard they were getting the refund).

This post contains affiliate links.

10 Ways to Earn Money With Your Tax Return Dollars

But YOU are different. YOU’RE reading this blog because you want to be fiscally wise and are therefore thinking differently about this money. What . . . → Read More: 10 Ways to Earn Money With Your Tax Return

10 Things You Need to Do to Set Your Blog Up for Success

set your blog up for success

If you’ve been on this site for more than 5 minutes, you already know that I’m a gargantuan (which is much bigger than huge by the way) fan of starting your own blog.

I started this blog in 2010 and I’ve earned more than $100,000 because of it – heck, Penny Hoarder even featured me in a post about it! It’s been a fun ride to say the least, but now my mission is not just to keep earning money online, but to teach you how to do it too!

In order to get you started with a bang (meaning…getting you some visitors and pretty soon, some MONEY!), I’ve committed to writing one post every couple of weeks to help you grow your blog bigger than you ever thought possible.

In case you missed some of the prior posts, here’s a list of what I’ve written already:

Start Your Own . . . → Read More: 10 Things You Need to Do to Set Your Blog Up for Success

100+ Ways to Make Money on the Side

Make Money on the Side

Is your salary lower than you’d like? Are you dissatisfied with your job? Have you ever wondered how you could make money on the side?

I had these same exact thoughts 6 years ago and that’s exactly the reason I started my blog. This single decision bumped my side income up to $10,000+ a year and it also improved my day job salary because I was proving my interest and skill in finance. If you’ve thought about blogging on the side, I would highly recommend it. In fact, here’s a step-by-step tutorial that shows you how to set up your blog for less than $24!

100+ Ways to Make Money on the Side

If you’d rather stab your eyes out than start a blog, then I’d suggest looking to these five other fantastic sources. All combined, there’s more than 100 ways to make money on the side here.

Let . . . → Read More: 100+ Ways to Make Money on the Side