To answer your question, you only get taxed on the money you make from the money in a taxable account. So if you put $10,000 in a taxable account and it pays you $200 worth of dividends and grows to be worth $11,000, you would just be taxed on the $200 worth of dividends (when you receive them) and the $1,000 of capital gains (when you sell the investment). You were already taxed on the $10,000 so you wouldn’t be taxed again. Make sense?
You could also opt to use existing websites for making money. These include both active income and passive income methods. For example, you could sell some used items or invest in creating some digital designs that then can be sold on merchandise. Again, devote a sizable portion of your time to passive income so that you can slowly build up earnings that will arrive on autopilot without any extra added effort. 

Open Mike On Financial Freedom


Become an Amazon Associate and then use Keyword planner to find an in-demand niche: With more than a million different products to choose from and up to 10% commission the sales you drive, Amazon’s affiliate program is a great place to get started. Browse their available products and see what connects with you. Or take it a step further and use Google’s Keyword Planner to quickly check how many people are searching for a specific term. With affiliate marketing, the more relevant traffic you can pull in, the more you’ll make off your site.
Income is routinely mistaken for wealth. For example, if John Doe's income is $250,000 per year, some people might say John is "wealthy." However, if John's mortgage, car payments, student loans from medical school, medical bills for his child, and private school tuition for his other child consume most of his monthly income, he may not have much left for saving at the end of the month. Consequently, John may have a nice house, but he has virtually nothing saved up for retirement, college, or emergencies. That is, he may have a high income, but he is not "wealthy" because he owns little of the things in his life.
Categories. Identify what’s truly necessary by identifying all of your monthly expenses based on the past six months, and then divide your expenses into three categories: Essentials, Nonessentials, and Junk. Write down every expense (food, housing, utilities, insurance, cars, gas, transportation, clothes, credit cards, phones, Internet, pets, entertainment, etc.); triple-check the list with your significant other or a friend; and then use your Essentials, Nonessentials, and Junk categories to prioritize and cut wherever you can. The stricter you are, the sooner you’ll be free.

Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of large reputable affiliate networks, such as Share-A-Sale, Clickbank, and Skimlinks, that specialize in connecting you with merchants who are looking for affiliates to sell their products. They charge relatively low commission fees for the privilege of connecting you with merchants, and the merchants on these sites tend to offer much higher commission percentages or set dollar amount payouts.
Etsy is the most popular online marketplace for handmade goods and crafts. From bracelets to phone cases, rings, furniture, and more, Etsy is perfect for anyone who is creative and wants to sell their handmade creations. As long as you have the space, this can make for one of the best ways to make money online that can be started with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology.

If the world truly is against you to the point where the entire market is upside down, or the world is going crazy, you can’t be sure your assets will remaining with you. I always tell people “If you’re index investing or properly diversified in the entire world, I’d argue you’d have bigger problems if your portfolio went to 0, like where and how to get food”


Roofstock is a marketplace where you can buy leased rental property (single family homes) online with only 20% down. They also connect you with a network of vetted property management, lending and insurance companies to help make the transition seamless, it's a way to generate passive income in rental property from day one. It's free to join and review the available properties.

Français: se faire de l'argent en ligne, Italiano: Guadagnare Online, Español: ganar dinero en Internet, Português: Ganhar Dinheiro Online, Deutsch: Online Geld verdienen, Русский: заработать в интернете, 中文: 在网上赚钱, Bahasa Indonesia: Menghasilkan Uang Secara Online, Čeština: Jak vydělávat peníze online, Nederlands: Online geld verdienen, العربية: كسب المال بواسطة العمل عبر الإنترنت, Tiếng Việt: Kiếm tiền Trực tuyến, हिन्दी: ऑनलाइन पैसे कमाएँ (Online Paise Kaise Kamaye), 한국어: 온라인으로 돈 버는 법, ไทย: หาเงินออนไลน์, Türkçe: İnternet'ten Nasıl Para Kazanılır, 日本語: オンライン上でお金を稼ぐ

If you’re willing to take on some risk and have the heart of a true hustler, you can make extra money online doing commission-only sales for startups and other businesses. While you won’t be getting a regular salary, with the right sales strategies and skills as an inside sales rep, you can make decent money for each sale you bring in. And because you’ll most likely be working with startups, if you can negotiate a little equity you could profit big time if you're pitching a solid product and the startup succeeds.

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- Holding Bonds/Fixed Income in Taxable Accounts: p. 254 says [...] you will keep your tax burden as low as possible at the end of each year, since bonds typically have lower returns than stocks." Really?!? Bonds income is taxed as ordinary income. Why would you voluntarily hold bonds in a taxable account and pay ordinary income taxes? Anyone who knows anything about financial planning knows that, generally speaking, it makes sense to hold growth-oriented investments, like stocks, in a taxable brokerage account (due to more favorable taxation) and fixed income investments like bonds in tax-deferred plans (since bonds are taxed at ordinary income and all funds coming out of pre-tax plans are going to be taxed at ordinary income tax rates anyway). It's not just about returns from the standpoint of capital appreciation, but total returns, which include dividend income, interest income, etc. While stocks may increase in value faster than/more than stocks over a long period of time, that does NOT mean you should hold bonds in a taxable account!

21. Facebook – Facebook swap shops are great for selling things locally. It’s like CraigsList, but a little easier. You simply search for swap shops in your area and ask to join the group. Once you’re in, take a picture of the item, write a quick description with the price and post it. It doesn’t get much easier than that. You can generally expect to get about what you would get at a yard sale, maybe a little more.


Planning for retirement, or even financial freedom, is a marathon and not a sprint, as the saying goes. Breaking up your financial independence goals into small chunks can help keep you on track while making the process a bit more manageable and, hopefully, a little less stressful. Even if you are starting small, the important thing is to get started.

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Paying for a car repair without stress is just a small part of the picture. It’s more than just being able to afford emergencies. It’s knowing you don’t have to worry about retirement because you’ve worked with your financial advisor to invest consistently for decades. It’s the freedom to quit your J-O-B to do something you love, even if means getting paid less.

When you say $250k-300k in annual passive income.makes life really really good, are you referring to gross income or after tax income. In fact, some clarity around before or after tax income levels would be helpful for all the dollar figures in this post. The new tax structure significantly affects people in the Blockbuster FI cayegory, mostly on adverse ways, so.i am curious about of the targets change based on before or after tax income, especially of one does not have a small business owner properties to use for tax write offs. Thanks
My husband retired from the military after 20 years of service last summer at age 38 – his guaranteed income is appx $67k per year for life (tax free and subject to COLA), and he gets an additional $17k the next 4 years under the GI Bill while he’s in school. We have appx $450k invested, no debt, and guaranteed health insurance for life with no monthly premiums, $150 annual deductible and $3k annual catastrophic cap. We have one child, age 5, who will receive free college tuition if she attends a state University in our state of record. We do have appx $25k in a brokerage account for her for addtl college expenses. My husband is considering not working after he finishes school, or working a ‘fun’ part time job. We live in the Midwest, where cost of living is ok (much better than our last duty station in CA!). I work a ‘fun’ part time job bringing in about $1k/mo. Curious on your thoughts as to where this puts us. And, do we figure my husbands ‘pension + benefits’ in our networth?
To save time and effort, a person can group two or more of their passive activities into one larger activity, provided they form an "appropriate economic unit," according to Publication 925 - Passive Activity and At-Risk Rules. When a taxpayer does this, instead of having to provide material participation in multiple activities, they only have to provide it for the activity as a whole. In addition, if a person includes multiple activities into one group and has to dispose of one of those activities, they’ve only done away with part of a larger activity as opposed to all of a smaller one. 
Write pitches. If you have located a client for whom you want to write, send pitches, which are topic ideas for articles. Write pitches that not only show your expertise, but also demonstrate your enthusiasm for the topic.[21] First, read the publication to which you are sending pitches to familiarize yourself with what they publish. If applicable, identify a specific section and send our pitch to the appropriate editor. Also, include a brief summary of who you are.[22]

Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.

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If you're ready to enter the ecommerce fray, you could sell your own stuff. Of course, along with selling your own stuff on your own website comes a whole slew of both responsibilities and technical configuration and requirements. For starters, you'll need a website and a hosting account. You'll also need a merchant account like ones offered by Stripe or PayPal. Then you'll need to design that site, build a sales funnel, create a lead magnet and do some email marketing.


There are quite literally hundreds of clever ways to make money online. From taking online surveys, to renting or selling your old clothes, flipping your iPhone to someone in a different country, and even buying low-cost products locally, just to resell them for a higher price on Amazon. There’s truly no shortage of unique ways to make money online.
Provide excellent customer service. Answer any questions buyers post as quickly as possible. Be professional and courteous. Positive communication builds your reputation with buyers and gets you return business. Also, package your product well and ship it out quickly. Allowing an item to become damaged or taking too long to ship can negatively affect your reputation among buyers. Wrap all items, especially fragile ones, in appropriate packaging. Commit to shipping items as soon as you receive payment.[32]
The wealth of households amounts to US$280 trillion (2017). According to the eighth edition of the Global Wealth Report, in the year to mid-2017, total global wealth rose at a rate of 6.4%, the fastest pace since 2012 and reached US$280 trillion, a gain of US$16.7 trillion. This reflected widespread gains in equity markets matched by similar rises in non-financial assets, which moved above the pre-crisis year 2007's level for the first time this year. Wealth growth also outpaced population growth, so that global mean wealth per adult grew by 4.9% and reached a new record high of US$56,540 per adult. Tim Harford has asserted that a small child has greater wealth than the 2 billion poorest people in the world combined, since a small child has no debt.[23]
- Holding Bonds/Fixed Income in Taxable Accounts: p. 254 says [...] you will keep your tax burden as low as possible at the end of each year, since bonds typically have lower returns than stocks." Really?!? Bonds income is taxed as ordinary income. Why would you voluntarily hold bonds in a taxable account and pay ordinary income taxes? Anyone who knows anything about financial planning knows that, generally speaking, it makes sense to hold growth-oriented investments, like stocks, in a taxable brokerage account (due to more favorable taxation) and fixed income investments like bonds in tax-deferred plans (since bonds are taxed at ordinary income and all funds coming out of pre-tax plans are going to be taxed at ordinary income tax rates anyway). It's not just about returns from the standpoint of capital appreciation, but total returns, which include dividend income, interest income, etc. While stocks may increase in value faster than/more than stocks over a long period of time, that does NOT mean you should hold bonds in a taxable account!

Believe In Your Financial Freedom Skills But Never Stop Improving


You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service and refunds. But that's not all. You'll also need traffic. Think search engine optimization, Facebook ads, and other social media campaigns. It is hard work, especially on your own. You could opt for Amazon's platform, which might be the easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not. 
Haha, that is too funny. I wanted to make an app back in the day called “MyShares” (You can probably tell how I cam up with the name at the time). The idea was that I would loan out books and DVD’s and then would never get them back. Then I thought, how cool would it be if I could rent those items out and that would motivate people to bring them back. Obviously, books and DVD’s are cheap, so this isn’t the money maker. The idea that would probably make the most money would be things like tools, ATVs, etc.

What are the 3 types of assets


For anyone thinking of renting out their place via AirBnB, just check to make sure that it is legal where you live. I live in NYC and AirBnB is illegal here because a short-term rental for under 30 days is only allowed if you are a legal hotel. If caught renting or even advertising your home within the five boroughs of NYC on AirBnB, you could incur heavy fines for running an illegal hotel. Plus, most neighbors in apartment buildings don’t want strangers tramping in and out of their buildings all the time, so there could be trouble from people making complaints. So, check the laws where you live if that’s what you want to do!

- Limited discussion until the end of the book (p. 290) about Sequence of Return Risk. This is something few people understand and it is flat out dangerous to lead someone to potentially believe that they can retire decades earlier than "standard/normal retirement age" with significantly less money than they would supposedly otherwise need to accumulate by age 65, immediately starting withdrawing from these funds, and that their money will likely double, triple, or quadruple by the time they're much older. Yes, this is possible IF someone can remain flexible (on taking withdrawals from their assets, on generating income in "retirement"), IF someone has alternate income sources, IF market conditions are generally favorable during at least the first decade of "retirement," etc., but there is a major risk here as well. The author does mention these items and does provide a few cautionary words, but I do not think this was stressed enough for the average reader to truly understand the complete impact/considerations. I feel like most people will think, "oh, awesome, I can retire in my 30s with $1.25M, starting taking withdrawals right away, never run out of money, and my portfolio will be worth multiples of the $1.25M in my later years." More time should be spent discussing sequence of return risk.

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23. Affiliates – There are many affiliate networks, such as FlexOffers and CJ Affiliate that allow you to promote other people’s products and services. You simply put a link or a banner on your page and then you get a percentage if someone clicks through and buys the product/service. You’ll want to select products that are specifically within your blog’s category.This is an effective way to earn money once you have the traffic coming to your blog.
Vanguard: Vanguard has a minimum of $50,000 and a fee of 0.3%. Rebalancing is done automatically once every quarter and tax loss harvesting is done on a client-by-client basis. We included Vanguard because clients who invest between $50,000-$500,000 have access to a team of financial advisors. Those with accounts over $500,000 will have a dedicated advisor.
The middle class encompasses individuals whose financial situation falls in between those of the upper and lower classes. Generally, the population of America associates themselves as middle class. Lifestyle is a means for which individuals or families decide what to consume with their money and their way of living. The middle class places a greater emphasis on income: unlike the upper class, the middle class measures success and potential in the form of money rather than influence and power. The middle class views wealth as something for emergencies and it is seen as more of a cushion. This class comprises people that were raised with families that typically owned their own home, planned ahead and stressed the importance of education and achievement. They earn a significant amount of income and also have significant amounts of consumption. However, there is very limited savings (deferred consumption) or investments, besides retirement pensions and home ownership. They have been socialized to accumulate wealth through structured, institutionalized arrangements. Without this set structure, asset accumulation would likely not occur.[36]
Under no circumstances should any information from this blog be used as replacement for professional financial advice. DollarSprout.com is owned by VTX Capital, LLC and neither are licensed by or affiliated with any third-party marks on this website and third parties do not endorse, authorize, or sponsor our content except where clearly disclosed. DollarSprout.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Part of providing value is building trust. Don’t link to things that aren’t of good quality or people won’t trust your recommendations. The other part of making an audience is consistency. It matters less how often you post than how consistently. If you only have time to do one post a month, that post should come out on the same date and time each month.


I actually went back to the post and looked closer. Out of the first 13 ways listed, only one requires that you have house. None of the rest require you to have a house or a car. Of course, there are 11 more ideas in addition to those first 13 and some of those do require you to start with an investment. However, there’s nearly always a way to create passive income if you are willing to put in the time and work involved. If you do not find something that works for you in this post, check out our other posts. If you’re constantly on the lookout for ways to create passive income I’m betting you will find a way that works for you. Be diligent and I bet you can do it, even in South Africa. Good luck!

If you are a doctor or lawyer, you need to put in long hours after years of specialty training and higher education to get a paycheck. However, in any occupation, as discussed, your annual salary does not necessarily translate to wealth. With long-term thinking, helping to ensure your job’s security, taking initiative to achieve a promotion, or taking steps that will result in higher sales commissions can all be factors for wealth and ways to help ease your anxieties over financial independence.
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following.  Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).

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All written content on this site is for information purposes only. Opinions expressed herein are solely those of AWM, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.


I just lost my job and given my age I don’t know when or if I’ll get another job. I can’t collect unemployment because I worked for a religious institution. It would help me out tremendously to be able to make about $800 a week as you do. Can you please help me and give me some straight up and complete information on how I can do this? Thanks, and God Bless!
Economic terminology distinguishes between wealth and income. Wealth or savings is a stock variable – that is, it is measurable at a date in time, for example the value of an orchard on December 31 minus debt owed on the orchard. For a given amount of wealth, say at the beginning of the year, income from that wealth, as measurable over say a year is a flow variable. What marks the income as a flow is its measurement per unit of time, such as the value of apples yielded from the orchard per year.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.

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I had to get out. I actually had this random Facebook ad come up in my news feed (go figure) and it eventually led me to a webinar that taught on how to start an email marketing business (which is, by the way, the most profitable form of affiliate marketing – or ANY marketing for that matter). I listened through the whole 2 hours, completely mesmerized. By the end of it, I knew what I was going to be focusing on to help my family out of the pit of debt we were in and into a world free of financial stress. I didn’t know if it would actually work, but eventually it lead to EXCESS income!
Mechanical Turk: Amazon's Mechanical Turk is a resource for doing human-intelligence tasks, or as the site commonly refers to them, HITs. You get paid a very small fee for any given HIT and you'll need a good deal of volume to make a substantial amount of money. But it is a resource you can use in your spare time to generate a small income online. 

Wow! What an awesome list! My favorite is the stock photography because I love photography. I have had some success there, particularly with one photo I make some decent income from. I think the key with stock photography is finding a shot that is high demand. Then, find a new unique way to frame that shot. This is the reason my St. Louis Arch photo is a top 10 on both ShutterStock and iStockPhoto. Thanks for the awesome ideas above!

When you say $250k-300k in annual passive income.makes life really really good, are you referring to gross income or after tax income. In fact, some clarity around before or after tax income levels would be helpful for all the dollar figures in this post. The new tax structure significantly affects people in the Blockbuster FI cayegory, mostly on adverse ways, so.i am curious about of the targets change based on before or after tax income, especially of one does not have a small business owner properties to use for tax write offs. Thanks

Learn then selling guidelines. Each marketplace has guidelines that define what you can and cannot sell. State and federal laws also impact what items are prohibited. In general, you cannot sell alcohol, weapons, service contracts, animals or event tickets. Also, while not always prohibited, you may find restrictions on how you can sell items in some categories, such as art, gift cards and coupons.[27] eBay, Craigslist and Amazon publish these guidelines on their websites.
Side gigs, private investments and a host of other variables can also be utilized for long-term thinking, wealth accumulation, and achieving financial independence. A few considerations here may include a portfolio of private businesses, car washes, parking garages, stocks, bonds, mutual funds, real estate, patents, trademarks. Some of these cash generators can be relied on for long-term income in addition to your job or just as cash generators that can pull in money while you take long vacations or sit by the pool. 

A lot of the things mentioned above are right. there are so many opportunities to make some side money. I’ve recently been looking up different ways to create any kind of side income than can possibly help me out . I can tell you right now if your a beginner like I was, the best place to start would be signing up as an affiliate for amazon which is the most newbie friendly! Learn the game and grow. Or you can create your online store and dropship with shopify real people make thousands a week by doing this and you need little to no money to start. (Drop shipping as simple as i can put it is basically is where sell items from chines suppliers that can be dirt cheap and sell them for 2x 3x 5x the amount there being sold for)
I think Drop shipping is the best way that can help you make money online. It is the only way that allows you to start an online business without investing capital in inventory, warehouse and to buy products individually from a wholesaler and ship them directly to your customer. Moreover, with my drop shipping experience, you will learn key strategies that you won’t learn anywhere else to help your online business grow and thrive.

When you say $250k-300k in annual passive income.makes life really really good, are you referring to gross income or after tax income. In fact, some clarity around before or after tax income levels would be helpful for all the dollar figures in this post. The new tax structure significantly affects people in the Blockbuster FI cayegory, mostly on adverse ways, so.i am curious about of the targets change based on before or after tax income, especially of one does not have a small business owner properties to use for tax write offs. Thanks
There’s plenty of work and clients to be found. If you know where to look. To start, you need to know if there is enough demand for your skill to make it worth the effort to go out looking for work. Start by searching for freelance postings on sites like Flexjobs, SolidGigs, Contena, greatcontent or one of the dozens of other skill-specific freelance job boards.
​Self Publishing is mainstream today. When you purchase an eBook off of Amazon there’s a pretty good chance you’re buying a self-published book. Self-publishing is also ridiculously easy. I tried this a few years ago and couldn’t believe how simple the process was. To self-publish a book you’ll first need to write and edit it, create a cover, and then upload to a program such as Amazon’s Kindle Direct Publishing. Don’t expect instant success though. There will need to be a lot of upfront marketing before you can turn this into a passive income stream.
To me, financial independence is being able to live how I want without worrying (too much) about money. It isn’t just about meeting X times my annual expenses and riding off into the FI sunset. Things always come up. A new roof, new septic system, etc. Also, I want my kids to go to whatever college they want and not be burdened with student loans. I want them to follow their dream careers, not be cajoled into a career because of the earnings potential. While I have a plan to retire early, I’m already struggling with the question “will that figure be enough?” If I’m being honest with myself, I won’t be able to fully retire and be completely happy and mindfully secure until I reach Blockbuster FI.

Fear Not If You Use Financial Freedom The Right Way


- Holding Bonds/Fixed Income in Taxable Accounts: p. 254 says [...] you will keep your tax burden as low as possible at the end of each year, since bonds typically have lower returns than stocks." Really?!? Bonds income is taxed as ordinary income. Why would you voluntarily hold bonds in a taxable account and pay ordinary income taxes? Anyone who knows anything about financial planning knows that, generally speaking, it makes sense to hold growth-oriented investments, like stocks, in a taxable brokerage account (due to more favorable taxation) and fixed income investments like bonds in tax-deferred plans (since bonds are taxed at ordinary income and all funds coming out of pre-tax plans are going to be taxed at ordinary income tax rates anyway). It's not just about returns from the standpoint of capital appreciation, but total returns, which include dividend income, interest income, etc. While stocks may increase in value faster than/more than stocks over a long period of time, that does NOT mean you should hold bonds in a taxable account!

Believe In Your Financial Freedom Skills But Never Stop Improving


I wouldn't think of a high yield savings account as a source of passive income but your savings should be getting something (less like Seinfeld syndication residuals and more like a commercial jingle residuals!). It won't make you rich but it's nice if your baseline, risk-free rate of return on cash is 1% or more. The best high yield savings accounts (or money market accounts) offer higher interest rate and there is absolutely no risk.

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As for Joshua & Ryan, we both use an online-investment tool called Betterment as our personal savings, planning, and investing software. Using Betterment, which costs nothing to set-up and has no minimum-balance requirements, we’ve learned how to invest in our future selves by setting aside a percentage of our income without even noticing it’s gone.

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Now you’ve got many different options to start earning online. If you saw something that really interests you, try it out and learn more about it. If you’re really wanting to make a full-time income online, you need to be dedicated to learning how to do what you want to do. There are tons of free resources out there. You just have to search for them!

I share this with to let you know how much your expertise and your creating this information means to me. I will now put this link to your site on the Inspire-EDNF (Ehlers Danlos National Foundation) site to help so many others like me. Living with this condition, I can become a hopeless mess. Today, THANKS to you, I can begin planning how to contribute not only to my family and savings but also to causes very close to my heart.

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If you have a knack for organization, you can make money online as a virtual assistant helping people to keep their days in order. A virtual assistant will do everyinthing from bookkeeping to research, database entry, booking travel, and managing email. It can also be an awesome way to rub shoulders with some very important people, build up your professional network, and of course grow another stream of income. You can find great gigs on UpWork, Fiverr, Indeed, and Remote.co.
I started small, about 10% each paycheck would be taken out for my savings accounts. Half would go to my Vanguard retirement account and the other half to my savings. Then, I kept increasing it and diversifying where the money went. Anytime I go a raise or made side hustle income, I would do the exact same thing as soon as it cleared in my bank account. Now, I’m on track to save 30% this year of my overall income, which I would like to increase to 40% by next year.
The 4% rule has a failure rate based on overall market movement and time in the market. If you need to cover 20 years the 4% rule is extremely safe. If you need to cover 40-50-60 years because of early FI it starts to get riskier. Why not arrange your investments so you achieve a 4% yield, then you will never need to sell shares and can live an infinite amount of time without working? To boot, invest in some dividend growth stocks and you will get an inflation-busting 6% average annual raise on your income as well!

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Investing is arguably the easiest way to make passive income.  The problem is most investments sound good in theory but don’t work out so well in practice.  And if you don’t have much experience or access to capital, let alone the time to work it all out, it can seem more or less impossible.  However, there is one smart way to invest that just might work.  Continue reading >
- Limited discussion until the end of the book (p. 290) about Sequence of Return Risk. This is something few people understand and it is flat out dangerous to lead someone to potentially believe that they can retire decades earlier than "standard/normal retirement age" with significantly less money than they would supposedly otherwise need to accumulate by age 65, immediately starting withdrawing from these funds, and that their money will likely double, triple, or quadruple by the time they're much older. Yes, this is possible IF someone can remain flexible (on taking withdrawals from their assets, on generating income in "retirement"), IF someone has alternate income sources, IF market conditions are generally favorable during at least the first decade of "retirement," etc., but there is a major risk here as well. The author does mention these items and does provide a few cautionary words, but I do not think this was stressed enough for the average reader to truly understand the complete impact/considerations. I feel like most people will think, "oh, awesome, I can retire in my 30s with $1.25M, starting taking withdrawals right away, never run out of money, and my portfolio will be worth multiples of the $1.25M in my later years." More time should be spent discussing sequence of return risk.

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Hostgator is one of the best all-around hosting companies for new bloggers in terms of performance and cost. They also have a great infrastructure to accommodate your blog as it grows, which is important. At some point you may need to upgrade beyond what Hostgator can offer, but there is no need for that level of investment when you are starting out.
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