The First Steps Toward Passive Income

Before we even get started on this topic, let’s back up and look at what passive income is. I’ve seen a lot of different definitions out there, but I define passive income as being any income derived from an initial investment of time, effort, money, or ideas without additional input of time, effort, money, or

Finding Passive Income Sources for the Future: Four Potential Avenues I’m Evaluating

Lately, I’ve been looking at sources of passive income in order to bolster (and hopefully eventually replace) my current income. It is a fond dream that at some point in the future, I could largely step back from doing active day-to-day work and instead use these sources as my primary income stream. In that eventuality,

Introductory Credit Card Offers As Profit: Risks and Rewards

One advantage of building a strong credit rating is that you begin to receive many credit card offers with introductory 0% APR for six months or a year. These cards are great if you’re carrying a balance on another card; request a balance transfer when you sign up and the interest goes away. Of course,

What’s In My Wallet? And What Should Be In Yours?

After seeing yet another of those ubiquitous CapitalOne “What’s in your wallet?” ads, I decided to write about the one credit card that’s in my wallet (now that I’ve learned some hard lessons about the dangers of them). I route almost every minor purchase I make through a Chase amazon.com credit card for which I

Seven Ways To Help Your Blogging Friends

Blogging, particularly among a group of bloggers on a specific topic, is a community. We all have the same interests and passions and we find great insight in each other’s thoughts. Naturally, we want other bloggers in this community to succeed, but what can we do to help our brother and sister bloggers? Here are