How to Make Money With Passive Income

reach financial independence

Wouldn’t it be nice to be able to make money without constantly having to work for it? You can make money with passive income. Passive income is the return you receive from an initial investment. It’s a great way to supplement your cash flow for an early retirement.

How to Make Money With Passive Income

Want to know how you can get into the passive income game? Thankfully, there are quite a few effective ways to do it. Check out the ideas below and choose the one that makes the most sense for you!

1) Trading Stocks

Stock trading is one of the most popular avenues to make money with passive income. If you’re a beginner and wondering how to make money from trading stocks, it’s not too difficult. Once you’ve researched the companies you would like to invest in, you can do as much or as little as you want with those stocks. Even though you aren’t obligated to do anything else with them, you should check periodically to see how they’re doing. Most companies pay quarterly dividends, so if you’re ever unhappy with your return, you can always . . . → Read More: How to Make Money With Passive Income

10 Tips for Hosting a Lucrative Garage Sale

build an emergency fund

Trying to earn extra money this summer? Hosting a garage sale is a great way to make some extra cash. Here are some tips to help you get the most from your efforts: 1. Make a Game Plan​. Make sure to plan your garage sale in advance. It’s important to decide when and where you are having the sale. Once plans are made you can start preparing and advertising well before the actual date. 2. Make it Easy. Design your sale to make it easier for customers to shop. Be intentional when planning the lay out so it’s easier for shoppers to navigate. Hanging clothing is easier to look through than folded items. 3. Be Fair. You probably think your items are worth much more than they are in reality. Be fair when pricing everything at your next garage sale. Do research beforehand if you truly believe some of your items are special. [wp_campaign_1] 4. Give Special Treatment. You can attract more customers and sales if you do something special for potential buys. Provide them with something to drink according to the weather like ice water or hot chocolate. Provide . . . → Read More: 10 Tips for Hosting a Lucrative Garage Sale

How to Improve Your Credit Score and Make Money Doing It


Two days ago, I made $225 and improved my credit score by 20 points. Talk about a win-win! How would you like to do the same thing? No, this is not a gimmick that will cost you thousands of dollars in the near-future. It’s a simple, logical way to earn money while improving your credit score. But, before you read on, you have to promise me that you will be responsible with your money if you decide to follow my lead. Promise? Ok, good. Let’s figure out how to improve your credit score!

I Researched my Credit Score

A few months ago, I came to the realization that my credit score is actually important. While I pay for nearly everything with cash (yes, including cars), a good credit score is still necessary when it comes to job interviews. You might think this is absurd, but it’s true. One of the best tools employers have to identify your character is to pull your credit score. If your score is lousy, they assume that you don’t pay your bills and will be a terrible employee. If your credit score is amazing, . . . → Read More: How to Improve Your Credit Score and Make Money Doing It

How to Make Money When the Market Goes Down

invest your money


Do you have money invested in the stock market? If you do, I can say with 99% certainty that you are hoping the economy becomes strong and the market goes up, because then your stock investments are likely to go up as well. But, did you know there are people out there that are making money when the stock market is going down? Sounds crazy, right? But it’s absolutely true and can be accomplished by using options.

Call Options and Put Options

Have you ever heard anyone talking about buying on options in regard to the stock market? At the time, you probably didn’t know exactly what they meant, but keep reading and you’ll soon find out! When you buy an option, it means exactly what it sounds like. You’re paying a small amount of money to give yourself the option of either buying or selling the stock at a later date.

Call Option

The easiest option to understand is the call option. This option allows you pay a small amount of money (compared to the stock price) in order to have the option of paying today’s price at . . . → Read More: How to Make Money When the Market Goes Down

I Need To Stop Thinking Like an Overworked Broke Loser

employment law


Do you know how I spend most of my time? Working. I might be working on projects for my day job as a financial analyst, on articles for my blog, or on homework for my MBA classes, but no matter what it is, I barely have any time for myself anymore! Can you relate to this? Perhaps you have a full-time job that’s incredibly demanding, or maybe you just volunteer too much so you always find yourself flying around town trying to beat the clock! Or, better yet, maybe you’re trying to get ahead in life and have started a side business but it’s completely taking over your life! Whatever the case may be, we all need to stop thinking like idiots and develop a plan to work less and make more.

I Write a Butt-Load of Articles

When I discovered back in February that I wouldn’t have enough money to pay all of my debts (from my divorce…long story) by May, I had to find a way to make some more money, and fast. Since I am a fairly good writer and I can complete a simple personal . . . → Read More: I Need To Stop Thinking Like an Overworked Broke Loser

Premium Services for Unleaded Pay: How to Freelance and Still Make Money


Picture this…you roll up to the pump at the station, slide in your credit card, hit the Premium fuel button and watch as the numbers roll up–wait a minute, the price of the gas is rolling up slower than normal, but the amount of gas going into your tank is the same amount as usual.

What happened?

You just paid unleaded prices for higher quality gasoline.

So what does this all mean? What’s the point? This analogy was written so that you could draw a parallel with the rest of this article–providing premium services for unleaded pay, freelancing for slaves’ wages.

The Advantages

One of the advantages to being a freelancer is that you don’t HAVE to stick to one single job or project. If you’re good at what you do, you can CHOOSE your clients. Another advantage to being a freelancer is that you can typically choose how much you want to make–you get to name your own premium price.

You will find that there are several other advantages to being a freelancer: you get to work from home, you get to work with people from all over . . . → Read More: Premium Services for Unleaded Pay: How to Freelance and Still Make Money

Sometimes You Just Know You’re An Entrepreneur

I have been thinking a lot about this website lately as I continually strive to improve its performance and readership. It has been a little over 3 months since I began the adventure, and this morning, I caught myself reflecting not only on the first few days of this website’s life, but on my entrepreneurial history as a whole. Upon reviewing my past, I realized that I was destined to become an entrepreneur all along.

No Allowance

Did you have an allowance when you were growing up? I certainly did not. I still had chores, such as setting the table, cleaning the dishes, mowing the lawn (actually, I only mowed the lawn for a short while… after running over a tree, I was no longer allowed this privilege), but no payment was given.

Since there was no allowance, I often had to be creative in order to accumulate some money. I think this really sparked my entrepreneurial streak.

Pay Phone Money

One of the creative ventures – check all of the local pay phones for spare change! This obviously didn’t yield a ton of money, but a few lucky machines . . . → Read More: Sometimes You Just Know You’re An Entrepreneur