Wealth Gang - Passive Income Ideas, Side Hustles, and Personal Finance

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Passive Income

real-estate-crowdfunding-for-non-accredited-investors — 4 Best Real Estate Crowdfunding Sites For Non-Accredited Investors For years, one of the best investment opportunities has been in the world of commercial real estate. However, it has been almost impossible for the average investor to participate in commercial real estate investing. That has changed recently with the rise of crowdfunding platforms. These real estate crowdfunding platforms allow for peer-to-peer investing with a... Read more

Real estate investor Sam Primm who co-owns 167 rental units explains pros and cons of BRRR method in rental market — 33-Year-Old Who Co-Owns 167 Rental Properties Explains The Ups And Downs Of The BRRRR Method He co-owned his first property at 26-years-old – now at age 33, he owns 167 rental units. In only seven years in the real estate game, Sam Primm developed his portfolio without any 9-to-5 job and became financially free. Primm explains the positives and negatives of the popular BRRRR method Primm admits that he didn’t... Read more

Earning Income: Best Books on Passive Income — Earning Income: 3 Best Books On Creating Passive Income Many people believe that their life after earning passive income is going to be sitting on a beach all day without a single care in the world. While those who have read the best books on passive income might be able to do that, the real point is to earn enough of it so that... Read more

how to rent out a property on airbnb — How To Rent Out A Property On Airbnb: A Step-by-Step Guide Established in 2008, Airbnb has revolutionized the tourism industry. Whereas in the past holiday-makers have relied on hotels for accommodation, Airbnb allows normal people to rent out their homes to tourists. This has proved to be a great system. For hosts, it’s a way of monetizing unused property. For customers, Airbnb offers accommodation which is... Read more

Personal Finance

money mistakes Gen X — 4 Money Mistakes Gen X Wishes They Didn’t Make When They Were Younger Regrets. We all have a few. Bad relationships, bad investments, even bad haircuts – every human can look back at certain decisions and say, “I probably could have handled that better.” Managing money is probably where people have the most regrets and make the most mistakes – especially for members of Gen X. GoBankingRates spoke... Read more

best cities to retire in Florida — Retiring To Florida? Here Are The 20 Best Cities Where Your Money Will Go Farther Florida is a popular destination for those people lucky enough to be close to retirement – and have enough money in savings to retire. The weather is warm, the beaches are plentiful, and in many places, a dollar can go much farther. You just need to do your homework before packing up the house and... Read more

e 10 cities that have seen their home prices rise the most over the last two years, measured in terms of both absolute dollar amounts and percentage growth. — The 10 US Cities That Had The Largest Spike In Home Prices The real estate market has been booming in 2021. Home prices in August were up nearly 20%, according to data from S&P CoreLogic Case-Shiller. There were certain cities where house prices exploded in August compared to the previous year. Phoenix experienced the largest surge in August as home prices were up a whopping 33.3% compared... Read more

How much the average amount of debt each generation from Gen Z to Millennials to Gen X to Baby Boomer holds, including credit card debt, student loans, personal debt and auto loans. — Here’s How Much Average Debt Americans Have At Every Generation Americans added $660 billion in debt during the pandemic, according to personal finance site Money Geek. But Americans were piling on debt before the pandemic as U.S. credit card debt hit a record high of $930 billion in the final quarter of 2019, CNBC reports. The average U.S. household holds more than $155,000 of debt,... Read more

Investing

Money Mistakes That Will Wreck Your Retirement — 8 Of The Worst Money Mistakes That Can Blow Up Your Retirement Retirement is such an important chapter of life, but there are so many financial pitfalls that retirees can make. The phase of happiness that is expected to be relaxing can transform into an era of stress, uncertainty, and anguish. Here are eight of the worst money mistakes that can ruin your retirement. If you fail... Read more

pile of money — Is Acorns Worth It? How One Person Saved And Invested Over $50,000 Using The App You’ve probably heard of Acorns if you’re looking to stash away money and watch it grow. But you’re probably wondering, “Is Acorns worth it?” Warren Buffett said it best when it comes to planting the seeds for future financial freedom: “Someone is sitting in the shade because they planted a tree a long time ago.”... Read more

Best vacation towns to buy a rental property for short term rentals that have the highest return on investment ROI — Best Vacation Places To Buy An Investment Rental Property The pandemic has changed the vacation behavior of travelers all around the world. Restrictions have made international travel tedious – if it wasn’t completely banned altogether, not to mention that one positive test can completely derail your vacation. In September, travel spending improved to 9% below 2019 levels, after falling for the first time since... Read more

Signs that the red hot real estate market is starting to cool down, and why it still might not be the right time to buy a house. — 4 Signs The Red Hot Real Estate Market Is Cooling Off The housing market has been smoldering for more than a year, but there are some signs that the red hot housing market might be cooling off. However, the housing market still might not be a buyer’s market any time soon. Home prices spiked 19.8% year over year – the same record growth as in July,... Read more

Side Hustles

highest paying online side hustles — 10 Highest-Paying Online Side Hustles Right Now, According To Data Making money with an online side hustle has never been easier. In fact, you don’t even need to own a business or have a huge social media following to earn income online. Sure, you will need to hustle and work, but if you have a marketable, useful skill and access to a computer and Wi-Fi,... Read more

Dark web — How To Make Money On The Dark Web How To Make Money On The Dark Web More and more people are now buying and selling things on the darkest corners of the internet. Most of us are familiar with the large eCommerce platforms such as Amazon, Shopify, Walmart and eBay. Often these are the first places where we buy our products online.... Read more

microblading side hustle — 25-Year-Old Breaks Down How Her Side Hustle Went From Pre-Pandemic Idea To $7K-a-Month Business The opportunity to make money is everywhere you look. Emily Jump, a 25-year-old marketing coordinator, looked right into people’s eyes and realized there was money to be made with a fascinating side hustle idea. In the weeks before the pandemic hit, Emily started her first full-time job as a marketing coordinator at a dental office... Read more

holiday side hustle ideas for extra money — 5 Holiday Side Hustles To Make Extra Money That You Probably Never Considered The holidays are coming, and everyone is looking for additional ways to make money. Finding a second job during the holidays isn’t hard, especially with companies like Amazon, Target, and Walmart hiring thousands of workers to work for the next few months but holiday side hustles are a more popular option. Especially for people with... Read more

Career

best six figure jobs — 12 Six-Figure Jobs That Will Be In High Demand Over The Next Decade If you haven’t hit F.I.R.E. (Financial Independence Retire Early), there’s a good chance you’re still in your wealth accumulation phase. And that, of course, means you probably have a full-time job. Whatever field you find yourself in, the goal is always to move up the ladder and have your salary increase as well. That said,... Read more

student loan debt employers who will help pay — These Employers Will Help Pay Off Your Student Loan Debt After being put on hold because of the pandemic, federal student loan payments will resume in January 2022. Student loan debt is a relatively new issue in the United States. Fifty years ago, student loan debt didn’t exist. Now, as of August, the total student loan debt in American is $1.7 trillion. If you’re currently... Read more

best states to work for people over 65 — 10 Best States To Work For People Over 65 To Still Make $50K-Per-Year What are the best states to work for people over 65? Here’s a breakdown of the ten places older adults can still make a strong salary deep into their senior years. According to the U.S. Bureau of Labor Statistics, 10.6 million Americans age 65 and older are currently in the workforce. The organization estimates that... Read more

how to work a second job — 3 Ways To Work A Second Job Without Burning Out Now more than ever, people spend their free time outside of work doing more work, and we’re not just talking about side hustles. Side hustles are typically passion projects that turn into a business. We’re talking about working an actual second job. The pandemic, loss of work, and changing careers completely to pursue other passions... Read more

Wealth Threads

Housing development. — Use This Simple Rule To Know How Much To Spend On Housing As rent and housing prices continue to surge, it’s more important than ever to know how much to spend on housing. Get caught up in a bidding war or rush into a rental agreement, and you could make a decision that cripples your personal finances for years to come. Today we’ll discuss two simple financial... Read more

average net worth by age — This Is The Average Net Worth Of People Your Age, According To The Latest Data Society should embrace keeping up with the Joneses, but from a net worth standpoint instead of just trying to own a meaningless material possessions. After all, that new set of golf clubs or that new $2,000 purse, while nice, isn’t going to get most people any closer to retirement. Unless, of course, you’re buying them... Read more

JPMorgan Chase head Jamie Dimon warns against Bitcoin cryptocurrency, names the best 2 CEOs -Tim Cook and Jeff Bezos. — JPMorgan Boss Jamie Dimon Names The Best CEOs, Says ‘Regulators Are Going To Regulate The Hell Out Of’ Bitcoin JPMorgan Chase chief executive officer Jamie Dimon gave a wide-ranging interview to Axios this week. The interview touched on a multitude of topics, including China, his salary, racial equity, cryptocurrencies, and his favorite business leaders. Dimon was asked, “Who’s the best CEO not named Jamie Dimon?” Dimon replied, “[Amazon’s] Jeff Bezos … [Apple’s] Tim Cook.”... Read more

10 year anniversary of his death, the most important lesson from Apple founder Steve Jobs — 10 Years After His Death, This Remains The Best Life Lesson From Steve Jobs Apple founder Steve Jobs died of pancreatic cancer on October 5, 2011. Now, 10 years after his death, Jobs’ famous 2005 commencement speech at Stanford University remains to be a source of sage life advice. The commencement speech is regarded as such an important life lesson that there is a text version of it reportedly... Read more