Rental Properties – Are They a Curse or a Blessing?

are rental properties a smart investment

“You’re going to buy a rental property??” …my broke friend exclaimed. “I had a buddy that tried that… The tenants didn’t pay the rent, they trashed the home completely, and he lost tens of thousands of dollars. You won’t see me buying a rental property any time soon.”

More often than not, this was what I heard from people when I let them in on my investment plans a few years back. It wasn’t very encouraging to say the least…and it honestly took some of the air out of my sail for a while…

Are Rental Properties a Smart Investment?

Ignoring all of the “wise advice” from my friends and neighbors, I went ahead and bought a rental place anyway.

So what’s the verdict? Has land-lording been a complete nightmare? Has my rental house been burned to the ground? Or are all of my friends just complete idiots that knew . . . → Read More: Rental Properties – Are They a Curse or a Blessing?

6 Things I Did to Start Earning Money With My Blog

earn money with your blog

I started this blog on a whim back in August of 2010. After just 8 months of part-time work on the site, I was earning $500 a month. Then, to my complete surprise, my income started jumping – up to $3,800 a month in early 2012! I definitely made a few mistakes with my site over the years, but I’ve also done a ton of things right. Today, I’m going to teach you about all the good stuff that propelled me to where I am today:

with 50,000+ visitors a month 1,850 subscribers 6,000+ social media followers Over $100,000 earned via this website

Want to start earning money with your blog? Follow these steps and you’ll be well on your way.

How to Start Earning Money With Your Blog

At this point, I assume you’ve already got your blog up and running (if not, check out my “Start Your Own . . . → Read More: 6 Things I Did to Start Earning Money With My Blog

4 Reasons Millionaires Are Not The Scum of the Earth

Okay to be a millionaire

Here is society’s view on the rich and the poor:

Rich people are greedy, underhanded sleazeballs and share their money with no one Poor people don’t have the opportunity to get ahead and are stuck in poverty forever It’s up to the government to redistribute the wealth and make everything fair again

…My face is getting red just writing out those statements. Each one of them just seems so ridiculous to me that it becomes almost unfathomable that this is now our nation’s typical line of thinking.

If I were given the chance to change the statements above (and I will…since after all, this is my website), I would have them read this way:

Rich people earn their wealth by serving others. The more people they serve, the more wealthy they become. Poor people discredit the fact that the wealthy have worked their butts off and sacrificed greatly for their . . . → Read More: 4 Reasons Millionaires Are Not The Scum of the Earth

8 Tips to Help Land Your First Freelance Client

Land your first freelance client

If you have been looking to start a side hustle, or you want to quit your 9-to-5 job, freelancing is one of the best things that you could try. But how do you land your first freelance client when starting on your freelancing journey? Here are ten tips that can help!

This post was written by our regular personal finance writer, Kimberly Studdard.

#1. Know What You Want To Do

First things first, you should know what you want to do as a freelancer. Do you want to write? Do you want to be a virtual assistant? Are you into photo editing? These are questions to ask yourself so you can narrow your focus.

This is key to help you land your first freelance client, because knowing what type of work you want to do will help you search in the right areas when looking for your ideal client. . . . → Read More: 8 Tips to Help Land Your First Freelance Client

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