If the past has taught us anything, it’s that we need to keep our income diversified and an emergency fund in place.
One of my favorite ways to do this: passive income. This allows you to grow streams of income that don’t require much ongoing work to keep the cash flowing in.
If you currently have a full-time job, passive income is a great option to help you grow your income while limiting your financial stress.
In this post, I’ll explain some of my favorite passive income streams you can use to keep your finances in check. Let’s get started. » Read more
Could you be in financial hot water without even knowing it? Give yourself this little financial wake-up call and see.
Imagine that you can never work again, starting right now, for whatever reason.
Just think about it for a minute or two, and then ask yourself this:
Would you and your family be in good shape financially if you could never work again? » Read more
The phrase “the buck stops here” was made famous by President Harry Truman. It essentially means that you won’t pass the buck to anyone, but will be responsible for making the decisions.
I happen to believe that “the buck stops here” is one of the keys to improving your financial life. » Read more
Don’t Quit Your Day Job asked, “Should engineers and business majors pay higher tuition?” a while back.
I read that and wondered if the answers would be any different if the question were phrased differently. What if, instead of asking whether some majors should pay a higher tuition, we asked whether some majors should pay a reduced tuition? » Read more