We spoke with two millionaires who were able to earn their money through a powerful combination of two things: Investing and saving Earning more money through side hustles And we’ll show you exactly how to do both. But first, Introducing: The real millionaires we talked to Our millionaires are… Luisa Zhou Luisa had a great job with a healthy six-figure income, but she decided one day that she wanted more. That’s when she started her first side hustle consulting people in digital advertising, and now teaching aspiring entrepreneurs how to launch their own business the right way. She’s since scaled her business and was able to earn a whopping $1.1 million in sales in less than 11 months. You can read about her journey here, on our sister site GrowthLab. Shannon Badger With three kids to take care of, Shannon knew she had to really learn the art of the grind in order to quit her job and take her freelancing seriously. That’s how she was able to grow her freelance CPA consulting hustle into a full-fledged business (Badger and Badger CPA) that she runs with her husband. It’s helped earn her her first million dollar year in 2017. “It [...]
These days so many employers are allowing staff to work from home. It does make some who’s job function does not allow it to be jealous either around the office, or among friends and family who wo [...]
If you look into different ways to earn passive income for any amount of time, then you’ll probably notice that people will also often refer to it as “residual income”.
Though the two a [...]
My checking account pays me $83 per year for using it.
First, I have an APY that gives me $5 per year. That’s pretty small, but it’s a start.
Then I have an ATM fee reimbursement. All [...]
Are You Doing It Wrong- A Letter From A Listener
Below is the email I received, and below that is my reply.
I just want to say thank you for doing what you do and providing so much val [...]
Jussi Askola writes in Seeking Alpha, “Rental properties are very popular among income investors and retirees. How do I know? All my rental-related articles receive a lot of comments and attention. [...]
How Can I Profit From This
If you are not asking yourself this question each and every time you stop to peek at a shiny investment opportunity you are doing yourself an injustice. In today’s worl [...]
Don't Be Fooled By Doors Over Dollars
What is more important? Doors or Dollars?
This mindset can cause lack of focus on profitability, and when we lose focus, we lose money! People with lots of [...]
“You can systematize innovation even if you can’t completely predict it.”
— Eric Schmidt
Eric Schmidt (@ericschmidt) is Technical Advisor and Board Member to Alphabet Inc., where [...]
Raising capital for your next Note Investment can be hard. On this episode, we have Paige Panzarello, The Cashflow Chick, teaching us how she finds funding for herself and her clients.
Paige has raise [...]
Today I’m going to teach you what to do if you ever win the lottery, a massive inheritance, or any other huge infusion of cash.
1/3 of lottery winners go bankrupt and I’ll be damned if I’m [...]
Below are seven income producing assets that you can invest in to start earning you passive income.
I’ve split the list up into two ways: Safe and risky. The former are assets I consider to be more [...]
The holidays are coming up.
You send your boss an email asking to take a few days off for vacation. But what do they say?
“Sorry, we have too much going on. We’ll need you here.”
Today, I wa [...]
I’ve shared my favorite personal banking tips with you in the past.
Here’s my pick for the best checking account
Here’s my pick for the best savings account
Today, we’re going to talk abo [...]
How To Buy A Note This Week With Brett Burky From Paperstac
In this week’s episode, I interview Brett Burky from Paperstac about exactly How To Buy a performing or non-performing note for investmen [...]
Credit: Richard Morgenstein
“I really am a big believer in people’s creativity flourishing when they come at things from a different direction and see things in a different way.” — [...]
They say when one door closes on you, another door opens—as it did for today’s guest.
Tom Cafarella found himself working at a job he hated. One that he studied for in college and was expected to [...]
We asked members of the IWT community who have been married at least 10 years (aka “forever” in Hollywood years) to share their #1 piece of financial advice for couples.
Here’s what they said: [...]
Have you ever met someone who’s told you, “Traveling to experience different foods, sights, cultures, and people? Ew, no.” Me neither.
The point is, the majority of us looooooove to travel, but [...]
There’s a lot at stake when you walk through your boss’s door to start the “talk.” You know the one: negotiating more money.
That single conversation is too important for you to just blindly [...]
In today’s episode of The Art of Passive Income, Mark and Scott talk with Jena Rodriguez—BraveMasters.com.
Jena is a wife, mother, serial entrepreneur, love-of-all-things business, a brand specia [...]
Credits: Hoonigan Racing Division
“In life — from the simplest thing to the biggest thing — I want to be proud of what it is and stake my claim: ‘That’s mine and that’s how [...]
Chocolate can help you lose weight.
No, seriously. It can. Or at least that’s what Charles Duhigg, habit expert and author of The Power of Habit, says:
“Although it seems like very dissimilar rew [...]
In this week’s episode of The Art of Passive Income, Mark and Scott talk with Grant Wise—serial entrepreneur and the founder of Real Estate Marketing University, an online media training company [...]
So you’ve crafted a winning resume …
… written an amazing cover letter …
… and you might have gotten a little ahead of yourself and started clearing out your desk.
Your hard work has paid [...]
If you had an extra hour in your day, what would you do with it?
Pick up a new hobby?
Learn a new language?
Find new ways to make money?
What if you had two extra hours, or even three? What would you [...]
In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by:
For the first Round Table [...]
Photo by Matteo Pezzi
What do roughly 1.5 million subscribers to my newsletter care about most? Or put another way, if they voted with clicks, what most caught their attention in 2018?
The 25 items b [...]
Imagine a dozen dominoes lined up in a row. Push the first domino and what happens? They all fall down.
Now take that same dozen and double it. No, triple it. No, wait — add 15,000 dominoes, branch [...]
If you want to learn how to give advice that people actually listen to, there are two things you can do:
Empathize with the person — and not act like an emotionless robot.
Find people who want to l [...]
Ah, the new year. A time for parties, champagne, and questionable decisions made because of the aforementioned parties and champagne. Before you say goodbye to 2018, there are four things you can do t [...]
The holiday season is usually a time of year that inspires people to be their best self — and “live their best life.” But a trait that’s often undervalued when living a Rich Life is genero [...]
The inverted yield curve is a graph that shows that younger treasury bond yields are yielding more interest than older ones.
And it’s TERRIFYING for financial pundits all over the world. It’s a g [...]
Stan Grof (right) with the legendary Albert Hofmann (left), the first person to synthesize LSD.
“I realized people were not having LSD experiences; they were having experiences of themselves. Bu [...]
If you’re broke, things that people consider minor purchases can be a massive undertaking for you:
Going out for meals and to bars
Paying utility bills or rent
Filling up your car with gas
“Middle class” is a common term spoken by news pundits, politicians, and that annoying friend of yours who likes to debate politics at dinner parties.
While a lot of people like to bloviate about [...]
Four Million Dollar Meetup
Today’s guest is Adam Adams, known on Facebook as Adam “Triple A” Adams. He is the host of the Creative Real Estate Podcast and CEO of Blue Spruce Holdings.
Adam w [...]
A 401k is one of the most powerful investment vehicles for retirement — and it’s IWT’s favorite thing ever for several reasons:
Pre-tax investments. You don’t get taxed on the money you cont [...]
I’ve talked about the 401k a few times before.
[cue montage of every single time I scream at you to get a 401k]
That’s only because the 401k is one of the most powerful investment tools at [...]
A good side hustle idea can open the door to unlimited earning potential.
My team and I have spent more than a decade building money-making systems that have earned my students $1,000 and more on the [...]
In today’s episode of The Art of Passive Income, Mark and Scott talk with Geoff Nicholson—GeoffNicholson.uk.
Geoff works with people all over the world—entrepreneurs, CEO’s and other high pe [...]
Insecurity is fascinating.
We hide it.
We beat ourselves up for it.
And to top it off, it seems like we’re the only ones who ever feel it.
And yet: It’s the times we feel most insecure that we g [...]
How To Steal From Yourself – A Line of Credit Case Study
In this episode of the Cash Flow Guys Podcast, I talk about the latest trends in money and more specifically lending. Borrowing of mone [...]
The two most common questions I hear about stocks are:
What stock should I buy?
When do I sell?
I’ve covered the first question before (check out my article all about stocks and bonds). That’s w [...]
“Write an interesting story, not a perfect story.” — Drew Houston
Drew Houston (@DrewHouston) is co-founder and CEO of Dropbox. Since founding the company in 2007 with Arash Ferdowsi, Dr [...]
Photo by Adam Rose
“Things that caused me so much pain and confusion as a kid ended up being really wonderful tools in my work.” — Samin Nosrat
Samin Nosrat (@ciaosamin) is a writer, che [...]
Today, I’m going to share two strategies I’ve used to get traffic to my websites from extremely high-traffic blogs like Lifehacker and sites like the Wall Street Journal.
These strategies are the [...]
Consulting is a great career choice if you love:
Exposure to a variety of industries and businesses
There are a lot of different options [...]
Noah Kagan has returned to the Smart Passive Income Podcast, and we cover it all: rebounding from rejection, asking for what you want, plotting your next move, and the mindset challenges all entrepren [...]
“The main difference was that I was willing to outwork and outdo every competitor who walked in through that door.” — Ann Miura-Ko
Ann Miura-Ko (@annimaniac) has been called “the [...]
Lo and behold! Please find transcripts for all current episodes of The Tim Ferriss Show below!
They go all the way back to episode #1 with my dear friend, world-class investor and entrepreneur Kevin [...]