RLT Finance – Exploring Personal Finance and Investing

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7 Easy Home Based Businesses You Can Start Now

Home-based businesses used to be limited to a narrow range of activities. They might have been things like crafting and selling home made goods, offering babysitting services, or providing in tutoring, to name a few. Now I am not saying these businesses can’t be fulfilling and even profitable, but they often required a meaningful investment…
9 Simple Ways to Make Money With Machines [Automatic Passive Income Strategies]

There is a certain allure to having a business where machines make money for you. After all, they can do things far quicker and more efficiently than you can, and in some cases, all you need to do is program them and they pretty much run on autopilot. In this article, I am going to…
11 Money Saving Tips to Beat Inflation

Are you frustrated by the rising cost of everything and wondering how you can keep pace? You are not alone. Inflation has been on an absolute tear over the past year, which has even prompted the federal government to increase rates in the hopes that this will curb skyrocketing prices. Despite their efforts, inflation keeps…
Does Living Below Your Means Really Work? Unveiling the Truth and Overcoming the Obstacles

Living below your means is a foundational principle of personal finance. At least that’s what you hear all the time from personal finance gurus and experts. The concept is simple. Make sure you spend less than you earn and save or invest the rest. This will do three really good things. First, it will keep…
How To Get Rich Starting with Nothing [10 Steps to Breaking the Wealth Barrier]

The American dream is simple. In this land of opportunity, you can get rich (or at least live comfortably) even if you are not born wealthy. It’s the reason why so many immigrants throughout America’s history, and even today, want to come to the US. It was my story too. I am an immigrant…
9 Ways the Rich Are Different From the Poor [Observations From an Actual Millionaire]

In 1926, F. Scott Fitzgerald wrote that the rich are different from you and me. Ernest Hemingway famously replied, yes, they have more money. I love this exchange because it captures perfectly the two competing views on money and those who have it. There are those who believe that the rich have some innate quality…
7 Powerful Business Lessons From Machiavelli’s The Prince

The Prince is a book written by Niccolò Machiavelli that is famous for its ruthless take on how to govern the masses and dispatch political enemies. Ok, there’s more to the book than that, but when people think of Machiavellian principles, they think of cunning and manipulative tactics. While the book primarily focuses on politics,…
How Stoicism Can Make You Wealthy: The Ancient Philosophy For Financial Success

Did you know that there is an ancient Greek philosophy that teaches how a deep commitment to acquiring knowledge and using discipline to master yourself and your impulses can help you conquer life’s challenges, especially when hard times come? It’s called stoicism and it has been adopted by famous philosophers, Roman emperors and modern day…
7 Millionaire Habits From an Actual Millionaire

Ever wanted to peek into the habits of an actual millionaire? I am not talking about someone who inherited their wealth and is living off mummy and daddy’s money. I am talking about someone who had to build their wealth from nothing. In this article, I am going to talk about the habits and mindset…
5 Huge Advantages for Minority Entrepreneurs [Incl. Programs Designed Just For Them]

Are you a minority entrepreneur looking to start your first business or elevate your existing one? You are in the right place. In this article, I am going to discuss five huge advantages that minorities enjoy as entrepreneurs (and links to resources that can help you implement them). I’ll also include a bonus advantage at…
DOT Regulations For Pickup Trucks and Trailers

If you own a pickup and trailer and are operating it commercially, you may be subject to a host of rules and regulations. At a federal level, the Department of Transportation (DOT) and the Federal Motor Carrier Safety Administration (FMCSA) has jurisdiction over many of these laws. Of course, each state may also have laws…
HazMat Trucking: What You Need to Know

There are many types of trucking specialties out there and many of them carry significant risk if the driver and trucking company do not know what they are doing. But perhaps the specialty that carries the most amount of risk is hazmat trucking. There are enhanced laws and regulations that apply to this brand of…
Boring Businesses [7 Under the Radar Business Ideas That Can Make You Rich]

Are you a steely-eyed, no nonsense businessman (or woman) who cares more about bottom line profits than being glamorous, trendy or popular? Then starting a boring business may be the perfect money-making strategy for you. These are unsexy businesses that no one wants to get into and thus have low competition. And if you know…
How to Make Money on Canva [9 Strategies That Work]

If you love graphic design and want an affordable, easy to use, and highly versatile platform to create stunning designs, look no further than Canva. I use Canva all the time in my businesses, including for logo development, video presentations, and blog images. But it not just a useful tool for business. You can actually…
How To Make Money on Quora [6 Strategies That Work]

Quora is one of the most popular question-and-answer platforms. It has over 300 million monthly active users and around 10 million daily visitors. That’s a massive audience. So with that many people using the platform, you’re probably wondering if there is a way to capitalize on that user base and make money on Quora? The…
How to Start a Waterless Car Wash [Step-By-Step Guide]

If you enjoy taking a dirty car in need of desperate of cleaning and transforming into an immaculate and sparkling ride, a waterless car wash may be the perfect business for you. Not only is it environmentally friendly (you are using at minimum around 30 gallons of water to wash a car at a traditional…
How to Start an Airbnb Cleaning Business [Step-by Step Guide]

If are looking for a business that doesn’t require any specialized degrees, licenses or skills to start and you don’t have a ton of money to invest in expensive inventory or a physical storefront, an Airbnb (or vacation rental) cleaning business may be perfect for you. It’s a really straightforward business that can bring in…
How to Start a Perfume Business [7 Simple Steps]

Do you have a nose for perfume and would love the feeling of creating perfect and one-of-a-kind fragrance blends? If yes, why not harness that talent and passion and create a lucrative business that can transform your life? All it takes to start is creating a unique perfume blend (or two) that resonates with customers…
How to Start a Hair Extension Business [9 Simple Steps to Success]

If you are into beauty and enjoy helping people who want to look their best or are simply looking to make some great extra income on the side selling a product that will always be in demand, you are in the right place. In this beginner’s guide, I am going to cover how you can…
How to Start a Custom Tumbler Business [Beginner’s Guide]

If you have an artistic streak and find the idea of customizing tumblers cool or just want to create a fun little business where you can generate some extra income, selling custom tumblers can be a perfect business for you. If you want to learn more about how to do this successfully and want an…
Can You Make Money From Spotify Playlists? [Answered With Tips On How]

Do you see your playlist followers increasing and ever wondered how much you could make if you can monetize your Spotify playlist? Well, now you don’t have to wonder anymore. Luckily, there’s more than one way you can make money off of your playlist. For instance, artists can pay you for adding their songs to…
20 Side Hustle Ideas You Can Start While Keeping Your Day Job

Need A Little Extra Cash – Start Making Your Free Time Work For You It’s hard to ignore the dramatic spike in prices that we have all experienced recently. Increases in the cost of food, gas, and other essentials have put the squeeze on people who are just trying to make ends meet. The bottom…
How Can I Make Money as a Stay At Home Mom [11 Options That Work]

If you are a stay at home mom who wants to earn some extra cash on the side, you are in the right place. In this article, I am going to share 11 strategies you can use to generate income from the comfort of you own home. What’s great about all of these options is…
Is Ezoic Worth It? My Experience Using Ezoic Vs. Adsense

Are you considering using Ezoic for your display ads? If so, you are in the right place. In this article, I will share my personal experience using Ezoic and detail whether it was worth it. Here’s a little bit of background. I have been using Ezoic for this site (which is primarily a personal finance…
How to Make $3,000 a Month in Passive Income [9 Strategies That Work]

If you are looking for passive income strategies that can generate serious income (like $3,000 or more), you are in the right place. In this article, I am going to cover 9 legit strategies that you can use to make over $3,000 a month in passive income. Sounds too good to be true? It’s not…
5 Keys to Financial Freedom [An Unconventional Take]

Imagine never having to worry about money. No more struggling to pay your bills, no more stress about losing your job, no more fear of escalating costs, and no more worry about your future. It sounds like an unattainable dream, and for most people that’s all it will ever be. But it doesn’t have to…
Beginner’s Guide To Saving And Managing Money

Saving money is a bedrock of sound money management. If you can’t get this piece right, you will never escape the endless cycle of living paycheck to paycheck. Of course, the concept of saving money is simple, but actually doing it is no simple task. Why is this? Because saving money requires sacrifice and discipline. …
How to Start a Print on Demand Business [Beginner’s Guide]

As you probably already know, print on demand is a hugely popular way to make money online. That’s because it has two really important and attractive features. First, it’s a low risk business because you don’t need to spend any money upfront to buy inventory and you won’t be taking on any risk of buying…
Ghostwriting Ebooks [Beginner’s Guide to Ghostwriting Success]

If you have a knack for writing and want to make some extra money in your spare time, ghostwriting ebooks may be the perfect option for you. You get to work from home and are not confined to working during any set hours, which means you can do this while working a full time job…
Passive Income Jobs From Home? [7 Amazing “Jobs” That Give Passive Income]

If you are looking to work from home, but also love the idea of generating passive income while you’re at it, you are in the right place. In this article, I am going to cover 7 legit online jobs that can eventually generate serious passive income for you. Sounds too good to be true? It’s…
How to Make Money on Etsy Without Making Anything [5 Simple Steps]

If you want to make money on Etsy, but don’t have the time or ability to create homemade items to list on Etsy, you are in the right place. There is a very simple and proven method to sell items on the Etsy marketplace without having to devote any time to making the item yourself. …
9 Legit Businesses You Can Start From Home [Under $1,000]

I used to daydream a lot about owning a successful business and saying goodbye to my stressful and super-demanding job. But I didn’t have a lot of money and I just couldn’t quit my job because, well obviously, I had bills to pay and a family to feed. I had to keep deferring the entrepreneurial…
How to Use Leverage to Build Massive Wealth [3 Strategies That Work]

Are you doing everything right financially, but you feel like you’re just not growing? Are you wondering how the rich are able to accumulate money so quickly, while you struggle and sacrifice to make ends meet? The reason why most folks take years and often decades to generate any real wealth is because they don’t…
9 Unique Passive Income Ideas That Can Make You Real Money

If you’re tired of the same old passive income ideas that have been recirculated over the years, you’re in the right place. In this article, I am going to discuss 9 unique passive income ideas that are not widely known and may seem a bit unusual, but that can make you real money. For each…
How to Avoid Capital Gains Tax on Stocks [12 Effective Strategies]

If you have have invested wisely and now are sitting on significant gains on your stock investments, congratulations – you are in a great place! But if you think now is a good time to sell, you are faced with a different problem – how to minimize, eliminate or at least defer capital gains taxes…
11 Businesses You Can Start For Free [No Experience or Degrees Needed]

If you have always wanted to start a business, but don’t have the money to begin one, you are in the right place. In this article I am going to share 11 businesses you can start with absolutely no money, no experience and no special degrees or formal education. What’s even better is that these…
9 Advanced Personal Finance Tips To Skyrocket Your Wealth

If you are looking for personal finance tips that go beyond the common advice you hear all the time, you are in the right place. In this article, I am going to cover 9 advanced personal finance tips that you can implement to enrich your financial life. They will fall into three buckets. First, I…
Why Is Starting a Business So Hard? [Answered, with Tips on Getting Started]

Starting your own business is a dream for many people. You get to be your own boss, set your own hours, and there is set no limit to how much money and success you can achieve. But if you don’t bring your dream to life, that’s all it will ever be. So why is starting…
How to Overcome Inertia and Achieve Breakthrough Success

Inertia is a powerful thing. We are creatures of habit. Over the course of our lives we develop habits (both good and bad) and those habits essentially dictate what we do everyday. In order to overcome inertia, you need to destroy bad habits that are standing in your way and replace them with good habits…
How to Start a Roadside Assistance Business in 7 Simple Steps

If you are interested in starting a roadside assistance business, but don’t know how to begin, you are in the right place. In this article, I am going to cover how you can start your own roadside assistance business in 7 simple steps. We will discuss each critical step of the process, from formation of…
How to Start a Trucking Company Without Driving [Complete Guide]

Interested in capitalizing on the booming trucking sector, but don’t want to deal with the long hours, isolation, fatigue, and risk of driving a truck all day? You are in the right place. In this article, we will discuss 3 proven ways that you can use to start a trucking company without doing any driving.…
How to Start a Valet Parking Business in 7 Simple Steps

If you’re interested in starting a valet parking business but don’t know where to begin, you are in the right place. In this article, I am going to discuss how you can start your own valet parking business in 7 simple steps. We will cover everything (from formation to launch), including how to establish your…
How to Start a Blog From Scratch [And Make Passive Income]

Want to build a business that you can start from home and in your spare time? What if I told you that you can start this business with almost no money upfront, minimal running costs, no employees, no customers, and no hassles? Starting to sound pretty good, right? The kicker is that this business can…
How to Start a Solar Farm [Complete Beginner’s Guide]

If you are you looking to start a solar farm, but don’t know how to get started, you are in the right place. In this article, we are going to cover step-by-step how you can start a solar farm business. We will begin by covering key introductory questions, like what solar farms are, how much…
Intelligence vs. Hard Work: Which is More Important?

Intelligence and hard work are a potent combination when it comes to achieving success. But which is more important? That’s the topic we are going to discuss in this article. We’ll cover each trait and its role in determining success in detail below, but here’s the short answer: Intelligence is more important to success when…
8 Most Common Middle Class Problems [And How to Solve Them]

If you’re in the middle class, you’re probably enjoying a decent income, have a roof over your head, a reliable car, and may even be able to squeeze in a nice vacation once or twice a year. But there is a dark underbelly to middle class life. People in the middle class often struggle with…
Making Money [Passively] Writing eBooks: A Simple 5-Step Guide

Are you an aspiring writer who dreams of publishing their own book someday (and making some serious cash in the process)? You are in the right place. In this article, I am going to cover the 5 essential steps you need to take to launch your eBook business. We will discuss in detail (i) how…
Best Business to Start at 40? 7 Ideas That Work!

If you are looking to start a business in your 40s, but don’t know where to begin, you are in the right place. In this article, I am going to discuss 7 of the best businesses to start in your 40s. I will cover all of these businesses in detail and include helpful tips and…
Escape the Middle Class in 7 Simple Steps

Want something more than the typical 9-5? Do you dream of financial freedom? And most importantly, the ability to live life on your own terms? Then you are in the right place. In this article, we are going to cover the 7 simple steps to escaping the middle class. I’ll discuss each of them in…
Brick and Mortar Businesses [Examples, Profitability, Pros and Cons, and How to Start]

If you are interested in learning about brick and mortar businesses and what they have to offer, you are in the right place. Sure, online businesses have become increasingly popular, but sometimes a solid brick and mortar business is your best bet for reliable long-term success. Interacting with customers, earning their trust, and consistently offering…
Which Investments Have the Least Liquidity? [Answered and Explained]

If you want to find out which investments have the least liquidity, you are in the right place. In this article, I am going to discuss 9 investment that have the least amount of liquidity and the reasons why. But before we do that, I’ll cover some basics on liquidity, including what it is and…
30+ Business Ideas For Men [No Degrees or Experience Needed]

If you’re a regular guy and looking for business ideas that line up with your interests and skills, you are in the right place. In this article, we are going to discuss 30+ business ideas specifically suited for men. What’s more, these ideas can be perfect for beginners in the industry who have no special…
11 Signs of True Wealth [Non-Obvious Indicators]

We have all seen gaudy displays of wealth. The guy driving around his convertible Bentley flashing his Richard Mille watch and Louis Vuitton sunglasses. The woman walking around with her Hermes Birkin handbag and red-soled Louboutin shoes. But not all wealthy people flaunt their wealth in this way. In fact, most who have become comfortable…
Unethical Business Practices [From the Distasteful to Despicable]

The world is a competitive place. Especially in business. When it comes to making money, the temptation to squeeze out just a little more profit can often lead people down an immoral (and often destructive) path. History is filled with examples of this. In this article, I am going to discuss 17 of the most…
How to Start a Hot Shot Trucking Business in 7 Simple Steps

If you are interested in starting a hot shot trucking business but don’t know where to begin, you are in the right place. In this beginner’s guide, I will cover 7 essential steps to starting a hot shot business. Here’s a preview of each step that we’ll cover (of course, if you want to jump…
How to Become Wealthy in 5 Years [7 Strategies Backed by Real Data]

Most people want to become wealthy someday. But if you are like me, you don’t want to wait until you are old and grey to enjoy your wealth. So that poses the question – can you become wealthy (even a millionaire) in 5 years or less? Or is that just a fantasy? Here’s my take:…
How to Become Rich From a Poor Background [9 Lessons I Learned]

I grew up poor. My old NYC neighborhood had gangs, drugs, and violence. It wasn’t the worst part of the city, but it was plenty bad. I still remember the sound of gunshots at night (which I thought were firecrackers at first). Fortunately, like many of the kids at school, I got to eat free…
How to Start a Brick and Mortar Business [Complete Beginner’s Guide]

With the emergence of e-commerce, online businesses have become increasingly popular, but sometimes starting a solid brick and mortar business is your best bet for reliable long-term success. After all, people will always shop locally for food, gas, and other essentials, and in many cases, there is no substitute for the convenience of a local…
How to Get Dump Truck Contracts [9 Ways That Work]

The most important ingredient to the success of your dump truck business is getting a steady flow of profitable dump truck contracts. But this can be a real challenge sometimes, so the more strategies that you have at your disposal to get these vital contracts, the better. In this article, we are going to discuss…
13 Classic Signs You Are Poor [Plus How to Fix Them]

I grew up in a pretty bad part of New York City. I am talking about gangs, drug dealing and gunshots in the night type of bad. When you live in an area like that, being poor is a given. During that time (and even into early adulthood) I constantly struggled with money. In fact,…
7 Reasons Why Failure is Good [Lessons I Learned as an Entrepreneur]

No one likes to fail. Failure can feel devastating and can lead to depression and hopelessness. It can destroy your self-confidence. Everyone knows this because everyone has experienced failure. Sometimes the failures are small (e.g., you didn’t finish off all the things on your to-do list for the day). In that case, there may be…
Does Hard Work Pay Off? [Answered, With Tips on How to Succeed]

Hard work can pay off in certain endeavors where your result is solely tied to how much work you put in, but in cases where multiple factors determine success, hard work alone may not pay off. For example, if you are working at a job that offers overtime pay, then hard work will pay off…
13 Telltale Signs You Will Be Rich Someday

Everyone wants to be rich, but not everyone will get there. So what are the signs that you have what it takes to be wealthy? In this article, I am going to discuss 13 telltale signs that you will be rich someday. They include having a keen desire to make money, knowing your strengths and…
12 Easiest Freelance Jobs for Beginners (No Experience Required)

If you are looking to be a freelancer, but don’t have a lot of formal training, education or experience, you are in the right place. I know that freelancing can be intimidating, especially if you are a beginner and have held a job your entire life. But we’ve got you covered. In this article, we…
Advantages and Disadvantages of Online Businesses [Complete Guide]

If are looking to start an online business, but want to better understand what you’ll be getting into, you are in the right place. In this article, I am going to discuss the pros and cons of starting and operating an online business and (where relevant) contrast them against traditional brick and mortar businesses. Some…
Businesses that Never Fail? [7 Business Ideas Backed by Data]

If you are looking for rock-solid businesses that have a very high success rate, then you are in the right place. Now let me start by saying that there is no business that will never fail. Any enterprise where you can make serious money is going to have some risk associated with it. In fact,…
How to Make Money with a Pickup Truck [9 Ideas That Work]

If you want to learn some great ways to make money with a pickup truck, you are in the right place. In this article, we are going to discuss 9 ways to make money with a pickup truck that actually work. I’ve also included a bonus idea if you happen to have a decent-sized trailer…
What Business Can Give Me Daily Income? [9 Great Examples]

If you are looking for a business that can make money for you everyday, you are in the right place. In this article, we are going to discuss 9 different types of businesses that will allow you to enjoy daily income. Whether you are looking for a business that will make enough money to cover…
How to Make Passive Income on Amazon [9 Strategies that Work]

If you want to learn how to make passive income with Amazon, you are in the right place. Amazon is the largest e-commerce business in the world (it has a market cap of around $1.7 trillion as of this writing) and there are some amazing opportunities to make money through the infrastructure that Amazon has…
How to Make Money Without ID [20+ Ways that Work]

If you are looking for ways to make money without any ID you are in the right place. In this article, we are going to discuss 20+ ways that you can make money without having any formal ID, bank account, social security number or other form of identification. Obviously, if you don’t have ID, it…
Transportation Business Ideas That Work [Ultimate Guide with 30+ Ideas]

If you are looking to start a transportation business, but don’t know where to begin, you are in the right place. In this article, we are going to discuss 30+ amazing transportation businesses that you can start. We will group these businesses based on different kinds of transportation vehicles. We’ll start off with the biggest…
How to Start a Korean BBQ Restaurant [8 Simple Steps]

If you want to learn how to start a Korean BBQ restaurant, but don’t know where to begin, you are in the right place. In this article, we will provide a step-by-step guide to starting a Korean barbeque business, from formation to launch. We will cover also cover some key introductory topics, including what a…
Passive Income Real Estate Investing Examples [12 Strategies That Work]

If you want to earn passive income through real estate investing, you are in the right place. In this article, we are going to discuss 12 examples of passive income real estate investing that work. They include classic examples, such as residential rental properties, as well as more exotic examples like triple net leases, note…
Best Trucking Business to Start [20+ Business Ideas]

Are you interested in getting into the trucking industry and starting your own trucking company, but don’t know how to get started? I get it – it can certainly be confusing. After all, it’s not as simple as just buying a truck and making deliveries. You have to know what type of truck you want…
How to Start a Trucking Business With One Truck [Semi, Box Truck or Cargo Van]

If you are interested in starting a trucking business with one truck but don’t know where to begin, you are in the right place. In this article, I will cover 6 essential steps to setting up a trucking business beginning with just a single truck. Now one of the key questions is what type of…
The Ultimate Guide to Passive Income [25+ Strategies That Work]

If you are looking for a complete guide on how to make serious passive income, you are in the right place. We have collected over 25 proven methods for making passive income and organized them to meet your specific situation and goals. Don’t have any money to get started? No problem, we’ve got an entire…
Small Investments For Passive Income [9 Strategies]

If you want to start generating passive income, but only have a little money to start, you are in the right place. This article will cover 9 ways to start generating passive income each month by making small investments over time. All of these ideas cost less than $500 to start and have the potential…
13 Small Businesses That Will Always Be in Demand [Incl. How to Start Them]

Looking for small business ideas that will always be in demand? You are in the right place. In this article, I am going to explore some of the most reliable and steady small businesses that are resistant to recessions, cannot be outsourced, are not trendy, and won’t be made obsolete through technology. I will also…
How to Start a Dumpster Rental Business [Beginner’s Guide]

If you are interested in starting a dumpster rental business (sometimes known as a roll-off dumpster business) but don’t know where to begin, you are in the right place. Renting out dumpsters can be a great recession-proof business that is simple to operate and can actually be run passively if you hire the right people.…
How to Start a Dump Truck Business [Beginner’s Guide]

Want to start making money with a dump truck, but don’t have the first clue on how to get started? You’re in the right place. Trying to figure out how to start a dump truck business can be complicated and confusing. It’s not as simple as just buying a dump truck and picking up loads.…
17 Proven [and Simple] Ways to Make Money on Autopilot

If you are looking for reliable ways to make real money on autopilot, you are in the right place. We have collected 17 proven methods for making passive income without a lot of hassle. Here’s a preview of what we’ll cover. Rent Out Extra Rooms Create An Online Course Peer to Peer Lending Rent Out…
How to Choose a Company Name and Logo [16 Key Strategies and Tips]

Choosing a name and logo for your new company is a critical step in establishing your business. The right name will be memorable, original and will evoke the right emotions and connections to your business. Similarly, a great logo will be distinct, attractive, and create instant recognition when people see it. Most entrepreneurs are so…
How to Do Market Research For Your New Small Business in 5 Simple Steps

One of the key steps in starting a new small business is conducting market research. It’s not the first step, of course. Coming up with the right business idea takes that spot. But once you’ve settled on that, conducting proper market research comes in a close second. Why is market research so important? Market research…
How to Start a Business When You Have No Ideas [Incl. Extensive Ideas List]

If you want to start a business, but are struggling to find the perfect business idea, you are in the right place. Finding the right business idea is the first (and perhaps hardest) step to starting your business. After all, the ideal business for you has to tick a lot of boxes. It should be…
Ultimate Beginner’s Guide to Starting a Business

Starting a business can be intimidating. You need to navigate all of the legal, financial, operational, marketing and other requirements involved with creating a new business. But don’t let that get in your way. With the right information, you can get your business off the ground and begin your journey as an entrepreneur. I have…
How to Start a Merchant Cash Advance Business in 4 Simple Steps

If you want the chance to earn incredibly high profits (upwards of 100% APRs in some cases) while offering a much needed funding option for small businesses that need cash fast, then starting a merchant cash advance business may be the perfect business for you. This article will provide a step-by step guide to starting your merchant…
Start a Low Cost Gutter Cleaning Business in 5 Easy Steps

Gutter cleaning can be a low-cost business that is easy to start and can be done from the comfort of your home (no need for an office or storefront). If you have a working vehicle, the right equipment (which only costs $550), and are physically able to handle the work, you can start making pretty…
How to Start an Eyelash Extension Business in 6 Easy Steps

Are you a make-up maven and love the satisfaction of helping people with their beauty needs? Then starting an eyelash extension business (which you can do from the comfort of your home) may be the perfect business for you. The best part of this is that starting costs can be low (especially if you don’t open…
How to Start a Microblading Business in 6 Simple Steps

Have a creative streak and enjoy the satisfaction of sculpting unbelievable eyebrows? You can channel your love of make-up and harness your artistic skills into a profitable business by offering microblading services. The best part is that you can make good money microblading without crazy high starting costs (it can even be started from home).…
How to Start a Press On Nail Business [Step-By-Step Guide]

Have an artistic streak and love the satisfaction of creating a beautiful set of custom press-on nails? Then starting a press-on nail business (which you can do from the comfort of your home) may be the perfect business for you. The best part of this is that you can buy all of the equipment you need to get started…
What Brands Sell Best on Poshmark in 2022? [Incl. Secrets Tips for Success]

Are you a Poshmark seller (or interested in becoming one) and want to learn which brands sell best on Poshmark? You are in the right place. Let’s start off with the most obvious way to figure out what Poshmark considers the most popular brands on their platform. If you go to their homepage and check…
Get Paid to Simply Chat in English: 5 Legit Ways

Are you a native English speaker looking for a low-key way to make some extra money? Then chatting with someone who wants to improve their English may be the perfect side gig for you. There are a lot of people who want to become fluent English speakers. They may want to work on improving pronunciation,…
12 Simple Businesses That Run on Autopilot

Want the incredible income that comes from owning a profitable business but don’t want the headaches of running one? You need to own a business that runs on autopilot. I know it sounds impossible and too good to be true, but these businesses are out there. Businesses that run on autopilot fall into two camps:…
9 Low Cost Passive Income Ideas that Work [All Under $500]

If you want to start generating passive income, but don’t have a lot of money to start, you are in the right place. This article will cover 9 low-cost ways to earn passive income. All of these ideas cost less than $500 to start and have the potential to make some really attractive returns over…
Passive Income for Introverts: 7 Customized Strategies

If you are an introvert and want to find passive income ideas that will work with your personality, you are in the right place. This article will cover 7 ways to earn passive income without interacting a lot with others or drawing a bunch of attention to yourself. We are not going to cover standard…
5 Powerful Passive Income Strategies For Non-Accredited Investors

If you are a non-accredited investor and want to find passive income ideas that can generate outsized returns, you are in the right place. This article will cover 5 ways you can earn passive income while still working your day job. Just because you’re not an accredited investor (which generally means you’re not a millionaire…
Start a Mobile Car Wash Business for $250 [6 Easy Steps]

Love the satisfaction of taking a dirty, worn-out looking car and transforming it into a sparkling and pristine looking set of wheels? Then starting a mobile car wash may be the perfect business for you. The best part of this is that you can buy all of the equipment you need to get started (including a pressure washer) for…
44 Inspiring Quotes on Passive Income for the Determined Investor

Passive income is the endgame for many investors and entrepreneurs. Imagine getting to a place where all of your hard work and investments finally pay off and you are able to receive a reliable stream of passive income that covers all of your expenses (and then some). It’s the dream. But getting there can be…
Want to Own a Korean Fried Chicken Franchise? [5 Best U.S. Options]

If you are interested in owning a Korean fried chicken franchise in the US, you are in the right place. We have collected information on some of the best Korean fried chicken chains that are currently looking for franchisees. Most of them require prior restaurant experience (although one of them does not!) and can be…
Can You Get Rich Being a Landlord? [Answered, With Tips on How]

You can get rich being a landlord if you buy multiple properties and operate them profitably. There are 4 ways a landlord can make money from rental properties: (i) cash flow; (ii) appreciation; (iii) debt reduction; and (iv) tax breaks. Add on top of that your ability to use leverage to increase your returns and…
Businesses That Run Themselves: 17 Examples of Passive Businesses That Work

Want to know the secret to becoming truly wealthy without being overwhelmed by work and stress? You need to find a business that runs itself. Regular old investing won’t do it. If you invest in stocks, bonds and the like, you may be able to generate returns on your investment (ROI) over the long term…
What Are the Best Flower Franchises? [Incl. Key Info for Each]

If you love flowers, enjoy creating beautiful designs, and want to be part of an industry that caters to the special moments in life, a flower shop may be the perfect business for you. But starting a business can be daunting. If you want the benefits of owning a flower shop, but don’t want the…
Want to Start a Floral Business? A Complete Step-By-Step Guide

Starting a floral business isn’t easy, but it can be a highly rewarding. Apart from the money, you get to create beautiful floral designs everyday. As a bonus, you can make someone’s special day even better (e.g, by providing amazing bouquets and arrangements for a wedding or other celebratory event). My wife (who is the…
The Best ATM Franchises [US Based]

If you are looking for a great source of passive income with attractive ROIs, an ATM franchise may be the perfect fit for you. As of the date of this writing, there is one “traditional” ATM franchise company that services North America: ACFN. When I say “traditional” I mean regular old cash withdrawal ATMs. If…
Passive Income For Lawyers: 7 Powerful Strategies That Work

If you’re a lawyer like me, you are probably swamped just trying to do your job. But what if you want to make a few extra bucks while still holding onto your job? A side gig may not be practical if your job as a lawyer keeps you fully occupied. That’s where passive income comes…
Investing in Fourplexes: A Step-By-Step Guide

If you’re interested in buying rental properties, investing in a fourplex can be an excellent choice. That’s because a fourplex strikes the perfect balance between affordability and scale. Here’s what I mean. When you invest in a fourplex (which is a building that has 4 separate units in it), you get the high income and…
What Are the Best Delivery Routes to Own? [4 Great Options]

Delivery routes can be highly profitable businesses that provide stable yet passive income to the business owner. We are going to be discussing the 4 best types of delivery routes you can own. They are as follows: For each of the four routes highlighted above, we are going to answer the following: Honorable Mention: Another type…
How to Buy a Business With No Money: 9 Strategies That Work

Buying a business can be a great way to generate solid returns on your investment or even begin a new career path as an entrepreneur. But it can be expensive. A quality business that is generating solid income will not come cheap. Of course, financing may be available for many businesses, but you are likely still…
How to Achieve FIRE Fast: 6 High Cash Flow Strategies

The FIRE movement consists of people who want to retire early with a nest egg that can fully support their living expenses. FIRE (short for Financial Independence, Retire Early) sounds like an awesome goal to me. The problem is that most people try to achieve FIRE by radically cutting expenses and saving every penny left…
Barista FIRE: 5 Ways to Achieve it FAST!

If you are here, you are probably already familiar with the FIRE movement, which stands for Financial Independence, Retire Early. Barista Fire is a type of FIRE, but with the goal of retiring early from your job even if you don’t have enough money to do so. The assumption is that you have saved up…
How to Start an ATM Business with No Money [9 Strategies]

Did you know that you could buy an ATM and make money each time someone makes a withdrawal from that ATM? The ATM business can be very lucrative and if structured correctly, can provide the owner with a steady stream of mostly passive income. Don’t have any money to start an ATM business? We got…
How to Run Your Laundromat as an Absentee Owner: A Beginner’s Guide

Want to invest in a profitable, reliable, recession-proof business with a incredibly high success rate (95%) where machines do most of the work? Owning a laundromat will allow you to do just that. And if you structure it properly, you can enjoy passive income as an “absentee owner” of that business. Being an absentee owner…
Absentee Ownership of FedEx Routes: A Beginner’s Guide

Want to invest in a business that generates a great ROI and partner with one of the most respected brands in the world? By buying a FedEx route, you can do exactly that. And if you structure it properly, you can enjoy passive income as an “absentee owner” of that business. In simple terms, being…
How to Start a Mobile Billboard Business in 7 Easy Steps

Did you know that billboards are now mobile? That means you can buy a truck that has billboards on the side and sell that advertising space to companies. This is a big deal because one of the hurdles in getting into the billboard business is finding a location that allows billboards. Most municipalities have very…
How to Get 20% ROI [With Real Examples]

Want to get 20% ROI on your investments? We have four reliable strategies that have the potential to get you there (with 8 real examples, backed by data). Now I don’t mean one-shot deals. I am talking about steady investments where you can consistently earn over 20% ROI year after year. Contrast that with the stock…
Start a Passive Self-Storage Business: 7 Easy Steps!

Want to own a profitable and passive real estate business where you don’t have to deal with tenant complaints, broken toilets, and the usual hassles that come with managing rental properties? The unmanned self-storage unit facility may be the perfect passive income solution for you. With this type of self-storage operation, you can enjoy a…
Best Passive Income Businesses [12 Examples]

A business that generates passive income seems too good to be true. But these types of businesses are out there. You just need to know where to look. In this article, I am going to share 12 examples of businesses that can be run passively (or at least semi-passively). The great thing about these sorts…
Want to FatFIRE Fast? 5 Strategies that Work!

If you are here, you are probably already familiar with the FIRE movement, which stands for Financial Independence, Retire Early. FatFIRE is a type of FIRE, but with the goal of having a luxurious retirement to boot. It’s a tall order. Many people seeking to achieve leanFIRE (which is retiring early with a frugal lifestyle)…
Get Paid to Be Someone’s Friend [Incl. Tips to Max Your Income]

If you have some spare time, enjoy being with people, and want to make some extra money, you can get paid to be someone’s friend by renting out your companionship. There are several online “rent-a-friend” platforms out there that specialize in connecting people who want a friend with people willing to rent out their friendship…
How to Use Debt to Create Passive Income: 6 Ways That Work!

Most people view debt in a negative light. But the prudent use of debt to buy income-producing assets is a proven path toward building wealth. I used this basic principle to dramatically grow my net worth in a fairly short span of time. In this article, we will cover how to use debt to create passive…
Why Passive Income Is Important: Plus 6 passive income ideas that work

Passive income is the pinnacle of personal finance. That’s because it gets you to the final destination along your financial journey. Here’s what I mean. Most people spend their entire life working at a job. They are at the mercy of their employer and, while some people love their job, many don’t. They tolerate it…
Use Debt to Get Rich? 7 Strategies I Used to Make 7 Figures

The vast majority of financial advisors will tell you that debt is bad. And in many cases, that’s true. If you are struggling to make payments each month on your credit cards or student loans, then you need to address that. But if you are in a situation where your personal debt is under control, you…
How to Start a Passive Laundromat Business: 6 Easy Steps!

Laundromats can be a terrific source of income if you are looking for a profitable, reliable, recession-proof business that enjoys an incredibly high success rate. What’s better is that you can structure your laundromat business to provide passive income to you. With the right processes, equipment, and workers in place, you can make the business…
How to Start an ATM Business: A Step-By-Step Guide

ATMs are everywhere. That’s because when you need cash in a hurry, they offer a convenient and quick solution. But did you know that many of those ATMs are owned by people like you and me? I am not talking about those ATMs that are clearly affiliated with a big bank or financial institution. I…
How to Find Lease Option Deals: 6 Strategies that Work!

If you are a real estate investor looking to do a lease option deal, one of the biggest challenges you will face is finding owners who are willing to enter into lease option contracts with you. Lease option arrangements can offer owners some great benefits, but most owners who are in the market to sell…
Want to Finance Rental Properties When Self-Employed? 3 Strategies That Work!

Being self-employed can be amazing. You are your own boss and don’t answer to anyone. It’s incredibly liberating and that’s a big reason why people leave their jobs to become self-employed. But you obviously lose some of the predictability that comes with having a “normal” job, like a steady income and benefits. Because you don’t…
Umbrella Policy vs. LLC: Which Is Better for Landlords?

It’s hard to build and manage a rental property business. I know this for a fact – I own nine properties and self-manage them while holding down a full-time job. If you are a landlord too, I am sure you can relate. So it only makes sense to preserve what you have built with adequate…
Lease Options vs. Rental Properties: Which is Better?

Buying lease options is a little-known investing strategy that has been used by real estate investors to control real estate at low cost while generating strong cash flow. Rental property investing, on the other hand, is a tried and true investing strategy that everybody knows. This form of investing has a host of advantages, including…
Start a Bounce House Business in 4 Easy Steps

Kids love bounce houses. I have two boys and know this firsthand. They can spend hours running, jumping, and playing with their friends on these inflatable structures. Bounce houses definitely have something (some sort of magnetic quality) that draws children to them and compels them to climb in and starting jumping around. Parents know this. …
Automate Rental Property Management [Real Landlord’s Guide]

There has never been a better time to automate your rental property management. Advancements in technology now allow landlords to automate many of the key property management functions that used to take up a lot of time and energy. If you are a landlord self-managing your properties, this is great news. This guide will explore…
Real Estate Crowdfunding vs. Rental Property Investing: Which Is Better?

Rental property investing has been around forever and is a tried-and-true way of making money in real estate. Real estate crowdfunding is the relative new kid on the block, but is taking the real estate investing world by storm. Which is better? Real estate crowdfunding is the better investment strategy if you want a passive,…
Buying a Blog For Passive Income? 10 Risks You Can’t Ignore

Thinking of buying a blog, but unsure if it’s going to be a worthwhile investment? You are in the right place. In this article, I am going to cover 10 of the biggest risks you need to analyze when considering this type of purchase. I’ll explain each risk and what you can do to mitigate…
Buying a Blog For Passive Income? What You Need To Know

Are you looking for a passive income investment that can potentially yield over 30% returns annually? Sounds too good to be true, I know. But, if done correctly, buying a blog for passive income may do just that. Unlike other some online businesses, buying an existing blog can generate passive income without you having to…
13 Effective Strategies To Reduce Rental Property Vacancies

Does your heart skip a beat when you get a call from your tenant saying they won’t be renewing their lease? Or even worse, that they need to terminate their lease early? I get it – it’s awful news. Your rental property may sit vacant for months. You must continue to shell out the mortgage…
Benefits and Risks of Sandwich Lease Options

Want to get started in real estate investing but don’t have a lot of money, great credit, or a high income? You may want to look into sandwich lease options. The sandwich lease option is a variation of the lease option, which is more commonly known as a “rent to own” arrangement. Normal lease option…
Should Landlords Use Lease Options?

If you are a landlord looking to boost your cash flow and get tenants who will treat your place like their own, you may want to look into lease options. Landlords have been using lease options for decades. Often referred to as “rent-to-own” agreements, they are an alternative way to buy, rent, and sell investment…
Pros and Cons of Real Estate Investing with Lease Options

Interested in real estate investing, but don’t have money for a down payment? Can’t qualify for a mortgage because of bad credit or low income? If this applies to you, the lease option strategy may be your answer to start investing in real estate. This creative strategy, sometimes known as “rent to own,” can be…
Do Townhouses Make Good Rental Properties?

As an investor, you are always looking for the best rental property investments. Single-family homes dominate the investor landscape, but the underappreciated townhouse may be worth a look. Townhouses can make good rental properties because they are more affordable than single-family homes, but they offer privacy and a lifestyle that’s nearly on par with them. …
10 Biggest Reasons Why Budgets Fail

If you have ever struggled to make ends meet each month, you know the importance of having a good budget. But if you are like me, you have tried countless times to stick to a budget without much luck. Sometimes the budget failed because you lost track of how much you spent. Other times, it…
I Hate Budgeting, But Here’s How I Made It Work

I hate budgeting. I always had trouble with it. Keeping track of expenses, curbing my spending, and making sure to pay the bills on time felt like a chore. And who has time for it? Life sometimes just takes over. To top it all off, finding anything left over at the end of the month…
Introduction to HSAs: What You Need to Know

You have probably heard of HSAs by now, right? If not, I want to let you know right from the outset that these tax-advantaged accounts are amazing and are among my favorite savings and investment vehicles. Health Savings Accounts (HSAs) have been growing in popularity since their introduction in 2003. According to a 2018 study…
What Are the Biggest Rental Property Investing Scams?

Nobody wants to get played. Especially when it comes to high value assets like real estate. But it happens more often than you think. The five biggest scams targeting rental property investors and landlords are (i) real estate guru scams, (ii) tenant scams, (iii) contractor scams, (iv) overpayment scams, and (v) out-of-state investing scams. We’ll…
The Five Pillars of Personal Finance

Achieving financial success is not reserved for those lucky enough to have the “Midas touch” or who are “good with money.” That is a myth and believing it can keep you from realizing your financial potential. The truth is that financial success can be learned. There are a lot of financial principles and strategies out…
Investing in Rental Properties Through Your Self-Directed HSA

You’ve probably heard of Health Savings Accounts or HSAs by now. They are a benefit offered by some employers to help their workers pay for qualified medical expenses in a tax-advantaged way. HSAs are perfectly suited for their main purpose, which is saving money when paying for medical costs. But that’s not all they can do. There’s…
House Hacking vs. Renting Out Rooms: Which is Better?

As advertised, this article is going to pit house hacking against renting out rooms in your house. These are two very popular rental investment strategies among real estate investors that are starting out. So which is better? House hacking is the better investment strategy if you want superior cash flow, appreciation, and growth potential. Renting…
Unconventional Is Better: Don’t Have a “Regular” Emergency Fund

“You need 3 to 6 months of living expenses in a checking or savings account in the event of an emergency.” -Almost every personal finance advisor That advice has been circulating for years and has become a cornerstone of personal finance. I don’t take issue with the view that you should have funds quickly available…
Should I Rent Out My Investment Condo Through Airbnb?

Thinking about converting your investment condo into an Airbnb rental property? You’ve come to the right place. We are going to discuss in detail the reasons why condos are uniquely suited to thrive as Airbnb rentals. But more importantly, we are going to explore how you can analyze whether your specific condo is a good…
Investing in Small Multifamily Properties: The Goldilocks Investment

Small multi-family properties can be great investments because they combine some of the best features of apartments and single-family homes into a balanced investment that can generate strong cash flow, diversified income, and scalability, while remaining affordable and easy to finance. This chart demonstrates why they are the “Goldilocks” of rental properties: Features Apartment…
Are Apartments a Good Investment?

If you are wondering whether apartments can be a solid investment, you are in the right place. In this article, I am going to explore some of the key benefits and drawbacks of apartment investing, so you can made an educated decision about whether apartment are a good option for you. The short answer is…
15 No Money Down Real Estate Strategies

Most people are intimidated by the idea of investing in real estate because they think that you need a lot of money to do it. While having a giant down payment does makes it easier to buy rental property, you can definitely start investing even if you don’t. We’ve got some really cool and creative…
Are Triple Net Leases Good Investments? [Deep Dive on Pros and Cons]

Have you ever driven past a free-standing McDonald’s or Burger King and wondered who owned the building? Well, wonder no more because there’s a pretty good chance that it is just a regular person like you. They just happen to be leasing that building out to the mega corporation (or its franchisee) under a…
10 Easy and Profitable Ways to Sell Your Unwanted Stuff Online

Want to make some extra cash in a hurry without doing a ton of work? There is no better way to do that than selling some of your unwanted items online. Everybody knows about the standard methods of selling items online like eBay and Craigslist (and we cover them below), but the really cool options are…
Can I Use a Margin Account to Buy Real Estate?

I bet most people would be surprised to hear that they can use their brokerage account to buy a rental property, but it’s true. You may use funds borrowed from a margin account to purchase real estate. But there are risks involved in using margin accounts for this purpose, including the possibility of a margin…
15 Ways to Make Truly Passive Income That Require No Money

I love passive income, especially if it does not require any money for me to get started. I suppose it’s great for everyone, but it’s perfect for people who are too busy to take on a second job or a side gig. This article is going to cover 15 ways to make passive income that…
Why You Need Multiple Income Streams

One of the best financial decisions I ever made was getting a second source of income. I was doing ok at my job but wanted to see if I could boost my income because I was starting a family. I knew things were going to get tight. I started looking into rental properties. After a…
How Can I Start Investing in Rental Properties? A Step-By-Step Guide

Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. Andrew Carnegie Real estate can be a terrific investment and has been a proven path toward long-term wealth. There’s a reason why so many people throughout the years have found…
Can I Rent Out My Car To Make Money?

People can make hundreds of dollar every month renting our their cars according to Turo, the largest peer to peer car-sharing marketplace. No matter your situation, that extra cash can come in handy. So if you are not using your car all the time and you don’t mind renting it out to the public, then…
Want to Make Money Renting Out Extra Storage Space? Here’s how

According to Neighbor, you can earn up to $15,000 per year renting out your extra storage space. That’s a pretty eye popping number (and like with most things, I would take it with a grain of salt). That being said, it seems like a super easy way to earn some extra passive income with something…
3 Ways to Invest in Private Equity [For Non-Accredited Investors]

SpaceX and Instacart are just a few of the incredible private companies in America. Many are poised to generate incredible profits for their shareholders. The only problem is that you normally can’t buy into these types of companies unless you are an “accredited investor.” More on that later, but an accredited investor is basically a…
Is a 1 Bedroom Condo a Good Investment?

The 1 bedroom condo is a popular choice among young people starting out who want to buy their first home. It is affordable and often located near urban centers, so it’s a sensible and attractive option. But how is it as an investment property? Well, I own a handful of them and can say with…
Condos – Are they Good Rental Property Investments?

Condos can be a profitable, affordable, and low-hassle option if you want to invest in real estate. But they carry a unique set of costs and risks that you should understand before buying. They include HOA fees, condo association rules and restrictions, and special assessments that may be charged to cover condo association expenses. I…
Change Your Mindset About Money and Unlock Financial Success

For me, the key to a successful financial life starts with prioritization. There are many areas of life that compete for your time and attention. Your health, family, friendships, religion (if you practice) all play a role in how you define happiness and success. For some, money does not rank very highly, but if you…
How to Make the Most of Your Employee Stock Purchase Plan (ESPP)

If your employer offers an employee stock purchase plan (ESPP), you have the opportunity to buy your company’s stock in periodic intervals and in many cases buy them at a discount. But there are some strategies you can use to further maximize the benefits of your ESPP. That’s going to be the focus of this…
How to Make the Most of Your Flexible Spending Account (FSA)

Want to get a big tax break on common everyday expenses? Check out the Flexible Spending Account. FSAs can cover medical expenses (Medical FSAs), daycare and other dependent care costs (Dependent Care FSAs), and even commuting expenses, like parking fees and public transportation costs (Transportation FSAs). Using your FSA can save you a lot of…
How to Make the Most of Your Health Savings Account (HSA)

Want to get tax-deductible contributions, tax-free growth, and tax-free withdrawals for your retirement? The HSA will deliver on that and more. This is absolutely one of my favorite tax-advantaged accounts. Let’s get into this! This post may contain affiliate links. If you click on a link and complete a transaction, I may make a small…
How to Make the Most of Your 401(k)

If you have a 401(k), you have a powerful tool to build long-term wealth and secure a great retirement. Some of the obvious benefits include the ability to save money in a tax-advantaged way, but there are some less well-known features of the 401(k) that can allow you to really boost the benefits of this…
Why Should I Invest in Rental Properties?

Andrew Carnegie stated that 90% of millionaires got their wealth by investing in real estate. Rental properties have been, and remain to this day, a proven way to build uncommon wealth because they have a unique combination of powerful wealth-building benefits that no other investment vehicle can match. In this article, I will go into detail…