One of my favorite things to do at the end of the year is balance the books, review our achievements (or lack thereof), and plan for the new year. One of the reasons I started this blog was to share our journey to financial freedom (mainly through real estate investing and rental properties), and help […] The post Extra Income Report: How We Made Over $70,000 Last Year appeared first on Wealthy Nickel.
This page may include affiliate links. Please see the disclosure page for more information. I don’t know about you, but I’m fascinated by the concept of residual income. If unfamiliar with residual income, its income that continues to generate cash flow after the initial work is complete. What type of income do you earn? Do you know if you make residual or linear income? For most linear income is the standard. The kind of income that is […]
People want money I recently spoke to someone on Twitter who confronted his financial advisor about the exceptionally high commission on their entire fund value. The FA eventually just shrugged and said: “Well, we all need to live!”. This is true – we all need to live. And we need money for living. People want to get paid. Whether it’s through active or passive means, they will go to great lengths to get more cash. […]
I love our dividend stock portfolio! Dividend income is my favorite form of income because it is very passive. I don’t have to do much and the dividends will keep rolling in AND grow. I used to like rental properties as well, but they are too much work for me now. These days, I don’t have time or to be a DIY landlord anymore. That’s why I invest in Real Estate Crowdfunding. I can benefit […]
Will it really make our lives easier … or a bit harder? Continue reading on Making of a Millionaire »