Earn Money Articles

How to Create Your Income Strategy

How to Create Your Income Strategy

Do you have an income strategy? If you have income goals, you’ll need a deliberate approach to earn more money. An income strategy refers to a plan to generate steady income streams. This strategy involves maximizing income from different sources, such as investments, employment, business ventures, or passive income streams. Income SourceDescriptionEmployment IncomeMany individuals rely on employment as their primary…
5 Easy Steps to Increase Your Income

5 Easy Steps to Increase Your Income

Increasing income is a key strategy for achieving financial goals and building wealth. Whether you’re looking to boost your earnings from employment, investments, business ventures, or passive income streams, this comprehensive guide will provide practical steps. Let’s get started. Step 1: Assess Your Current Income Sources Start by assessing your current income sources to understand where your money is coming…
Understanding Income: How to List and Track Your Money

Understanding Income: How to List and Track Your Money

Income is money earned from employment and investments. What is Income? Income refers to the money you earn from various sources over a specific period, typically monthly or annually. It is a vital component of personal finances and is the primary means of sustaining one’s lifestyle, covering expenses, and achieving financial goals. Types of Income Earned Income: Money earned through…
Active Income and Passive Income: The Differences to Know

Active Income and Passive Income: The Differences to Know

Do you know that making money and earning money are two different things? The words are often interchangeable, but they support two vastly different lifestyles. This difference can mean more or fewer hours working or having fun. When most people think of money, they’re probably only thinking about having more of it, not necessarily about the different ways of making…
10 Side Hustles to Reach Financial Security

10 Side Hustles to Reach Financial Security

To reach financial security, it is often necessary to have side hustles. The extra money you earn can help you achieve financial goals. And you may even discover a side hustle is a good long-term business opportunity. According to the Young Entrepreneur Council, 1 in 3 Millennials, are choosing to supplement their full-time income with a side gig. Recently, a…
14 Passive Income Ideas with Unlimited Potential

14 Passive Income Ideas with Unlimited Potential

Do you want to earn passive income without having to put in much effort? Are you looking for passive income streams to make extra money? If so, then you should check out these passive income ideas. There are many ways to generate passive income. Some people prefer to invest their money while others choose to start an online business. In…
7 Multiple Income Streams to Better Wealth

7 Multiple Income Streams to Better Wealth

Even if you’re happy and believe that your job will be around for a while, there are good reasons to have multiple income streams. I wish I had known earlier about different ways to make money that didn’t require me to exchange more of my time for a paycheck. In this article, we’ll explore the different types of income, explain…
Earning Money vs Making Money: Know the Difference to Create Wealth

Earning Money vs Making Money: Know the Difference to Create Wealth

There is a difference between “earning” money and “making” money. Although the words are interchangeably used, they are not the same thing. Knowing the difference helps you understand how to support your journey towards financial wellness. Earning money is a result of exchanging your time for cash, payment, or a paycheck. You earn money by performing work for someone else–a…
How to Manage Your First Paycheck: CARPE DIEM

How to Manage Your First Paycheck: CARPE DIEM

It’s a great feeling getting your first paycheck. I still remember the day I got mine. I held it in my hands and said to myself, “Is this what it means to have money?” Although I had already made money mowing grass, raking leaves, and shoveling snow, this was a paycheck. I felt like an adult. The paycheck in my…
4 Skills You Need To Save Money As A Freelancer

4 Skills You Need To Save Money As A Freelancer

Here are four powerful ways you can save money as a freelancer while you build your business.Off the top of my head, I can think of many reasons to be a freelancer or your own boss. There’s the freedom of picking and choosing projects according to your interests; you can work at your own pace; set your own schedule; work…