Today we have our latest interview with a reader who has grown their income to at least $100,000 annually. If you're interested in participating in this series, please drop me a note. This interview took place in November. My questions are in bold italics and their responses follow in black. Let's get started... Tell us a bit about yourself (age, marital status, … [Read more...]
Six Figure Interview 2
Today we have our latest interview with a reader who has grown their income to at least $100,000 annually. This interview originally appeared on my prior site and ran in January 2014. The principles below still hold true today, which is why I'm running this post. There are several more like it to follow in the coming months. After the interview, I added my thoughts on … [Read more...]
Six Figure Interview 1
Today I'm starting a new series titled Six Figure Interviews. It will feature discussions with everyday people who have grown their incomes to at least $100,000 annually. These days much of this sort of discussion is contained in my Millionaire Interviews posts, but the following originally appeared on my former site. It ran in February 2014. The series started because … [Read more...]
Starting an Amazon FBA Business: From Zero to Seven Figures in Less than 5 Years
One of the things I've been considering lately is buying a business for my daughter and son-in-law. They are moving here to Colorado in November and while he's planning on getting a job and she can work from anywhere (she's an online marketing, content, and web assistant), another option would be for me to buy a business, they run it (probably with some help from me), and we … [Read more...]
A High Income is the Road to a High Net Worth
Yes, people can become wealthy while earning a low income. But it's hard to do. That's why it's sensational news when we hear about a janitor at a college who never made more than $30k per year and left $2 million to the college upon his death. It's a difficult feat and just doesn't happen that often. And yes, I realize not everyone is a doctor, lawyer, MBA, etc., so not … [Read more...]
Ten Best Ways to Earn Money
Now that we've discussed the three ways to earn income as well as reviewed a list of ideas for creating income, I want to share what I think are the best ways to earn money. Of course to determine "the best" I had to have some criteria, so I developed my own as follows... Criteria for Rating the Best Money-Making Methods I considered a lot of options but eventually came … [Read more...]
Ideas for Creating Income
Now that I've shared my three ways to make money, I wanted to create a list of ideas for each category. While I had my own list (of course), I also googled a bit to find more. As you might imagine I discovered a gazillion posts on "how to earn money". There are almost too many ideas to contemplate (and what some people consider to be an "idea" is a long stretch). I … [Read more...]
Three Ways to Make Money
Ever since I read Passive Income, Aggressive Retirement I have been thinking of ways to earn money. That has turned into a mini-obsession as the subject seems to be popping into my mind again and again. Eventually I decided to do something and write a series of articles about earning money. Over the course of the next week or so I'll share three posts on making money … [Read more...]
How to Protect Your Career Earnings with an Employment Contract
I've talked several times about how your career is your most important financial asset. Given this, you want to treat your career like other major assets. You want to grow it, of course. But just as important is protecting it. That's why I wrote Career Insurance: Protecting Your Most Valuable Asset. One of the best ways to protect your career, but also one of the … [Read more...]
28 Ways to Create Extra, Passive Income
Today we're finishing up some thoughts from Passive Income, Aggressive Retirement by Rachel Richards, which I think should have been titled "How to Become Financially Independent by Creating Multiple Streams of Passive Income". Haha! If you missed parts one and two about this book, check out Passive Income, Aggressive Retirement and Five Categories of Passive Income and How … [Read more...]
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