What is the Passive Income? When you receive a certain cash flow on a regular basis without any effort from your side, the consequential income is called the Passive Income. Some sources of passive income are rental income, stocks that pay dividends, limited partnership without any direct involvement etc. It was, certainly, never easy to generate the passive income. However, with the arrival of cryptocurrencies, especially Bitcoin, the winds have changed as they provide a relatively easy passive income opportunity. Frankly, earning BTC … [Read more...] about Where to Invest Your Bitcoins for Passive Income?
Archives for August 2018
There are so many different available options for investing today, though don’t let this seemingly endless array of investments overwhelm you. If you prefer a simplified approach to investing geared towards relatively straightforward goals such as passive wealth accumulation and/or saving for retirement, then Stash Invest could be just what you’re looking for. Stash Invest launched its first app in 2015 with the goal of simplifying the investment process so even folks with just $5 to invest could try it out. Oftentimes people who feel like … [Read more...] about Stash Invest Review – How to Invest with as Little as $5
Medicare is a very helpful tool for many seniors, but it can also be incredibly confusing and overwhelming if you don't know how it works. Medicare is the government's health insurance plan for seniors aged 65 and older, and it has four parts - A, B, C, and D. Each part functions differently, and many seniors are covered under multiple Medicare parts. What Is Part C? Florida Part C Plans are privatized HMO and PPO plans from commercial insurance providers that are offered specifically for Medicare beneficiaries. They offer the base benefits … [Read more...] about Medicare Enrollment – 2018 Part C Plans
One of the most important considerations when it comes to retirement planning is determining how much money you’ll need to live comfortably on for the rest of your life. Even if you max out your IRA every year or contribute thousands of dollars to your employer-provided 401k each year, it would be a huge mistake to assume you have enough money to retire. A major early retirement killer is poor planning, so it’s crucial that you figure out your retirement income gap as early as possible and develop strategies to minimize that gap. After all, … [Read more...] about How to Figure Out Your Retirement Income Gap
The U.S. economy has seen worse eras. The unemployment rate sits at 3.9%, the GDP is expected to remain between 2% and 3% and inflation/deflation levels are healthy. Yet, most Americans are still in debt. New data shows that around 80% of Baby Boomers, Gen Xers, and Millennials currently carry debt in the form of either credit cards, mortgages, student loans or medical bills. While each of these debts presents different challenges and solutions, anyone buried in debt is likely looking for a way out. This is where debt relief and … [Read more...] about Debt Relief vs. Bankruptcy – What’s the Difference?
As a business owner, you are constantly looking for ways to increase your profits. While many businesses only consider growing sales, there is another way to maximize the money your business makes — cutting your expenses. When you do this, you can put more money into your pocket or back into your business to enable more growth. Hiring Freelancers You may truly need another copywriter, graphic designer, or web developer. But you don't necessarily have to hire a full-time employee. Many potential workers are freelancers, and experts predict … [Read more...] about 4 Ways Businesses Can Slash Expenses