Let’s be honest: most “ideas for a side hustle” posts are garbage. They’re either too generic (start a blog!), too unrealistic (become a TikTok star!), or they require a ton of upfront cash, inventory, or skills you don’t have (hello, dropshipping from China while juggling your day job). But if you’re reading this, you’re probably looking for practical, legit, and profitable ideas for a side hustle—stuff real people are doing right now to actually make […]
For 2024 I published my side hustle income report each month to maintain accountability. This year, my main goal is to be profitable. To maintain transparency and accountability, I’ll be reporting both on my income and my expenses this year. I haven’t been profitable for a while now. My day job has been subsidizing my side hustles, which kind of play out as a time-consuming hobby. My goal this year is to turn this around. […]
The Big Picture on Airbnb House Hacking: Mike Cossette and his wife started by renting out their home during peak events to pay for travel — a move that sparked a cycle of income and inspiration, eventually leading to a portfolio of five properties. After being rejected by multiple banks, they secured a creative loan to build a duplex — living in one side and renting the other — proving that Airbnb hosting can adapt to family life while generating income. Success came from treating hosting professionally: incorporating hospitality insights from global travel, working with the right lenders, and selecting strategic locations. Mike now helps others do the same. Disclaimer The information provided on this website is for general informational purposes only and should not be construed as legal, financial, or investment advice. Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. Real estate investing involves risks; past performance does not indicate future results. We make no representations or warranties about the accuracy or reliability of the information provided. Our articles may have affiliate links. If you click on an affiliate link, the affiliate may compensate our website at no cost to you. You can view our Privacy Policy here for more information. [embed]https://youtube.com/watch?v=vea3gElmrOU&feature=oembed[/embed] Most people see travel as a luxury — a costly dream that needs to be saved for years in advance. But what if one investment property could fund your travel forever? That’s exactly what Mike Cossette and his wife accomplished — starting with a single Airbnb unit that eventually grew into five properties and a lifestyle filled with global adventures. From Divorce to Discovery: The Start of a New Chapter Mike, a long-time real estate broker and investment specialist, met his wife in 2011. Both coming out of challenging life chapters, they decided early on that travel was going to be a central part of their new life together. At the time, Mike had recently bought a downtown property post-recession. Airbnb was a new concept then, and it was his wife who suggested they try renting it out while they traveled. Mike was skeptical at first — concerned about strangers staying in their home — but they gave it a shot. To their surprise, a single weekend rental by a group of bachelors brought in enough money to fund their own mini-vacation. That’s when the lightbulb went off. (article continues below) Real estate investments? Awesome. Being a landlord? Less fun. Learn how to earn 15%+ on passive real estate investments in our free video course. Access Free Course How They Funded Travel With
This post is brought to you in partnership with Eckard Enterprises. We’re always looking to share valuable insights with our community, and while this is a sponsored post, we only feature content that we believe will be helpful and relevant to our readers. The views and opinions expressed are those of Eckard Enterprises. When most physicians think about building passive income, the usual suspects come to mind: rental properties, dividend stocks, maybe some real estate syndications. You’re […]
Superb Businesses Capital Structure, Strength and Economic Performance I will argue in this post that company Income Statements and Balance Sheets have almost entirely lost their relevance for investors. Further, those responsible for addressing the problem, the FASB (Financial Accounting Standards Board and the IASB (International Accounting Standards Board) with input from the CFA Institute Research and Policy Centre (Certified Financial Analysts) are probably not on the road to solving the problem. The CFA Institute […]
Image Source: Pexels If you and your partner are living the DINK lifestyle, you’re in a prime position to maximize your income and build long-term wealth. With fewer obligations and more flexibility, you have the time and energy to explore side hustles that can accelerate your financial goals. Even better, working together on a shared venture can strengthen your bond and bring new purpose to your partnership. Side hustles can also be a creative outlet, […]
AI is the wave of the future, and it’s moving faster than most people expected. That doesn’t mean you’ll instantly be great at it—there’s a learning curve, like anything else. Just because AI can handle the heavy lifting doesn’t mean these AI side hustles are effortless or completely hands-off. Let’s look at how you…
If you’re considering relocating to a different state when you retire, you might want to think about how your income will be taxed in the state you plan to move to. State income taxes can range as high as 13.3% – unless you live in a state that doesn’t tax retirement income. 😊 Nine states impose no income tax at all. If you are a retiree, you can move to any one of those states without concern for the state income tax liability on your retirement income. However, there are many other states that exempt income from specific retirement sources, like Social Security, pensions, military pensions, and distributions from defined contribution retirement plans. Read More: If you want some help planning for retirement, here are the best retirement planning tools in 2025. An important part of knowing if you are on track for retirement is understanding your expenses will be in retirement. Check out the average spending for retirees. Financial planning is more than just saving for retirement. See how your net worth stacks up by age. Table of Contents8 States That Don’t Collect Income Tax13 States That Don’t Tax Defined Contribution Plan DistributionsWhat about Roth IRA distributions? 15 States That Don’t Tax Pension Income32 States That Don’t Tax Military Pensions37 States That Don’t Tax Social Security Income (Plus The District of Columbia)Is it Better to Live in a State that Doesn’t Tax Retirement Benefits? 8 States That Don’t Collect Income Tax Nine states currently have no income tax. Since they don’t tax income, that also means they don’t tax retirement income. The nine states with no income tax include: Alaska Florida New Hampshire* Nevada South Dakota Tennessee Texas Wyoming *New Hampshire currently has a 3% income tax levied on interest and dividend income received in 2024. However, this tax has been repealed starting January 1st, 2025. 13 States That Don’t Tax Defined Contribution Plan Distributions As is the case with federal income tax, most states tax distributions from defined contribution plans. These include traditional, SEP, and SIMPLE IRAs; 401(k), 403(b), 457, and Thrift Savings Plans (TSPs). However, 13 states don’t impose tax on defined contribution plan distributions. (Source: Bankrate) Included are the nine “no income tax” states with no income tax, along with these four additional states that don’t tax defined contribution plan distributions: Illinois Iowa Mississippi Pennsylvania What about Roth IRA distributions? Generally speaking, states follow the same tax treatment with Roth IRA distributions as the IRS. But since each state has its own tax code, you’ll need to check with your tax preparer or tax software program to determine if (and when) Roth IRA distributions can be taken tax-free. * Note that in researching for this article, we could not identify a single authoritative source confirming conclusively that Roth IRA distributions can be taken tax-free in all 50 states and the District of Columbia. 15 States That Don’t Tax Pension Income A total of 15 states don’t tax pension income.
Have you ever looked at the growing pile of clothes and bags you never used and thought, “Hey, I could make good money selling all these!” Well, thanks to Poshmark, you can! This is one of the most popular online marketplaces where you can buy and sell secondhand items, such as clothes, shoes, and accessories…. Read More The post How To Make Money On Poshmark from Home appeared first on FinSavvy Panda.
Think you need a garage full of products or thousands of dollars to start a side hustle? Think again. I’ve got plenty of no inventory side hustles for you. With the rise of digital tools, online platforms, and service-based businesses, more people, especially women and moms, are building income streams without touching a physical product. These “no inventory” side hustles are low-cost, low-risk, scalable, and flexible enough to fit your family life. Whether you’ve got […]
The Big Picture on Weird Side Hustles: From typing poems in the park to fighting robocallers, the most unexpected ideas can generate serious income. Skills in mechanics, interior design, or legal knowledge can find surprising demand on the right platforms or social media. Each hustle blends creativity with smart positioning—proving that with the right twist, almost any idea can become a business. Disclaimer The information provided on this website is for general informational purposes only and should not be construed as legal, financial, or investment advice. Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. Real estate investing involves risks; past performance does not indicate future results. We make no representations or warranties about the accuracy or reliability of the information provided. Our articles may have affiliate links. If you click on an affiliate link, the affiliate may compensate our website at no cost to you. You can view our Privacy Policy here for more information. [embed]https://youtube.com/watch?v=e-qSaSJ-w9s&feature=oembed[/embed] If there’s anyone who knows a thing or two (or a thousand) about unconventional income streams, it’s Nick Loper—founder of Side Hustle Nation and host of The Side Hustle Show. With over a decade of interviewing people who’ve turned passion projects into paychecks, Nick has seen it all—especially the weird, the wacky, and the wonderfully profitable. We sat down with Nick to dig into some of the most out-there side hustles he’s come across. Here are five of our favorites: 1. “Pay-What-You-Want” Typewriter Poetry in the Park In Tennessee, a man set up his vintage typewriter in a local park and offered pay-what-you-want poems to passersby. The result? He made $200–$300 in just a few hours on a sunny Saturday. Was he a starving artist? Not necessarily. But it was a creative, joyful way to earn extra cash while connecting with strangers through poetry. Whether you’re a writer, illustrator, or even a joke-teller, there’s room to bring your art into the real world—and get paid for it. Side Hustle Spin: Use ChatGPT to speed up your writing or offer customized jokes, love letters, or affirmations. 2. Virtual Mechanic: Diagnosing Cars Over the Internet Think car repairs are strictly hands-on? Think again. Through a site called JustAnswer, a former Ford technician named Chris began answering car-related questions remotely. From helping diagnose strange noises to recommending repairs, Chris reportedly earned up to $14,000 a month. Yes, all while staying grease-free. Side Hustle Spin: If you have niche expertise—plumbing, law, health, or anything else—platforms like JustAnswer can help you monetize it without clocking into a 9–5. (article continues below) Real estate investments? Awesome. Being a landlord? Less fun. Learn how to earn 15%+ on passive real estate investments in our free video course. Access Free Course
Got an entrepreneur club? These are really fun and educational entrepreneurship club activities for students. You’ve got an entrepreneurship club, and you want to plan out the next activities you hope students will ENJOY and participate in. Awesome! Let me help with some interesting ideas to keep your students engaged and learning. Entrepreneurship Club Activities for Students I’ve got a variety of activity ideas, whether you need free entrepreneur club activities for students, or have […]
Looking for ways to save money on groceries? Cash back apps for groceries can help. These apps let you earn cash back or rewards just for buying grocery items you normally buy anyway. And whether you shop online or like to shop in store so you can browse the aisles of your local grocery store,… Continue… The post Top 5 Cash Back Apps for Groceries to Save Money in 2025 appeared first on MoneyPantry.com.