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 … [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
Planning for retirement is one of the most important things every adult should do, but we often focus solely on the saving money aspect without considering what lifestyle we’d like to lead during our post-working years. For instance, do you think you’ll want to sell your home to live in a cheaper area or move into a smaller home once the kids leave the nest? To help you determine whether you should rent out your current home, continue to live in it, or sell it altogether, here are some pros and cons of downsizing before or during … [Read more...] about Pros and Cons of Downsizing Your Home When You Retire
Did you know that Money Q&A has a podcast? Hank Coleman is the co-host of the MilMoney Movement Podcast. And, Episode 11 aired earlier this week with an interview with Brian Barnes, Founder of M1 Finance, a free automated investing platform. Investing can strike fear in the hearts of far too many. But, it doesn't have to! Be sure to subscribe to the podcast and check out all of the other episodes too! Be sure to check out Money Q&A's full review of M1 Finance! Behind the Scenes Interview with Brian Barnes - … [Read more...] about
Getting loan approvals is not always an easy task. It may end up having multiple detours or even have more people involved that you initially hoped. But still, the thrill of it all, and getting your application approved is downright fantastic. Loans, especially the big loans like the ones enough to get you enough funding to buy your dream home, can have a lot of players involved. And in most instances, the number-one player should be your loan officer. Chances are that you won’t manage to get through all the realtors, escrow officer, flood … [Read more...] about The 6 Diamond Qualities Your Loan Officer Must Have
While the market has calmed down in the second half of 2018, the end of 2017 and the start of 2018 was an amazing time for the cryptocurrency. Nearly every coin exploded in value, and the public became much more aware of cryptocurrency, which led to many more people getting involved and media outlets around the world talking about the craze. Of course, at the forefront of this growth and on the front page of seemingly every financial and technological publication, was Bitcoin. Bitcoin is the most popular and the largest cryptocurrency on the … [Read more...] about