Is Rental Income Considered Passive Income?
A good example of this comes with rental income. Should this be viewed as a source of passive income or it is something different?
A good example of this comes with rental income. Should this be viewed as a source of passive income or it is something different?
Is there a better cryptocurrency than Bitcoin? Mark Cuban has given his answer. Younger investors have come up with quite a few more. In the process, they’ve also developed a humorous nickname for the original cryptocurrency. While Cuban has predicted an astronomical rise in Bitcoin holders, and many Americans call it the future of money,… Read more
TikTok is the hot social media platform of the moment. Some of the most popular TikTok creators have leveraged their popularity on the platform into lucrative multi-million dollar careers. But… how? Sure, TikTok struck social media gold with dance challenges, leading to the careers of now-household name influencers like Addison Rae. But you don’t have… Read more
House flipping has become a lucrative real estate investment strategy for many individuals. With the rise of shows on television and expert tutorials making it look so easy, many are getting into the game and earning high profits. That’s why we want to dive into the best house flipping books for 2021. With the real… Read more
In the digital age, many people look at launching an online business for many reasons. Not only does it make it easier to work from home, but you can typically set your own hours, it has minimal overhead, and it’s a lucrative market. Regardless of how profitable the market is, you still need to educate… Read more
The pandemic is close to being in our rearview mirror, but that’s not to say that America has completely opened up or returned back to normal. In fact, a lot of Americans are still out of work and relying on weekly unemployment benefits to pay their bills. However, governors in 22 states are trying to… Read more
It’s increasingly hard to be truly offline. Our phones and laptops are how we connect with our family, friends, and jobs. When we’re without them, we feel lost and helpless — like a piece of ourselves is missing. We need a digital detox. In modern life, the idea of spending 24 hours offline is unfathomable… Read more
The last 48 hours have been a rough ride for the entire cryptocurrency market. At time of publish, Bitcoin is down about 35% over the last two weeks. So much for the roaring 20s that we were promised, huh? A dip of that magnitude is painful for an investor to see. Especially if they just… Read more
As the country slowly climbs out of the pandemic, it’s becoming more obvious by the day that 2021 will be the year people take more risks. Especially entrepreneurs or anyone looking to start a new career in a brand new city. There are countless factors to consider for people looking to move and start a… Read more
Back in March 2020, during the first few weeks of the pandemic, millions of people lost their jobs and were forced to find new careers. AJ Rantz was one of those people. A bartender by trade, Rantz found himself out of work when bars and restaurants shut down for months. Forced to find an alternative… Read more
So many people approach building wealth with the wrong mentality. They either (A. expect a sudden financial windfall or (B. refuse to commit to proven habits for saving and compounding. This all comes down to how one thinks about their monthly budget. Life has its fair share of hard costs – rent, a mortgage, insurance,… Read more
Running a business is no walk in the park, but a luxury picnic side hustle is showing signs of scalability. As the saying goes, necessity is the mother of invention. Business, much like life, is all about how you pivot. The 2020 pandemic forced millions of entrepreneurs and small businesses to pivot. With a little… Read more
A wealthy benefactor offers to give you a “life-changing” sum of money. Their pen is hovering over the checkbook. What’s the smallest number they could write and you’d still consider it “life-changing”? The average American’s answer might surprise you. And the average American millennial‘s answer is much smaller. A Life-Changing Sum According to a survey… Read more
Wealth in America is a controversial and oft-debated topic. Its perceived definition also varies wildly by state, according to our list of how much money you need to make in every state to be considered wealthy. By generation, it varies even more. And, surprisingly, the perceived threshold for wealth is actually dropping in America. Defining… Read more
Guns have primarily been used for hunting, self-defense, and as a deterrent against attacks. Gun ownership has been a significant part of American culture since the birth of the country. However, it is a controversial topic. Meanwhile, some gun enthusiasts see these weapons not for their utility, but as stable financial investments. Gun investors have… Read more
The pandemic has been especially hard on women and their careers. Especially working moms. The U.S. Bureau of Labor Statistics reports that women’s participation in the workforce is the lowest it’s been in 30 years. A study by Indeed showed that 29% of women have reduced their working hours during the pandemic, and 9% have… Read more
Sleeping on the job is frowned upon in most lines of work, but what if you could get paid to nap? Now you can, thanks to a job looking for professional “nap reviewers”. This dream job promises to pay participants handsomely for data about their naps. Instead of living the dream, you’ll be living to… Read more
Even in the face of adversity and a global pandemic, the number of entrepreneurs is growing exponentially. Thousands of successful companies launched at what might have seemed like the worst possible time, and there are countless reasons to start your own business from scratch, and there’s never been a better time than 2021. In the… Read more
What is the difference between gross income and net income? If you have wondered before and are perhaps even curious to find out how to find net income, then you have come to the right place! In the most basic terms, net income — whether in your business or your personal paycheck — is what… Read more
Here at Wealth Gang, we’re huge side hustle fans. Whether you’re trying to build a retirement fund that takes full advantage of compounding, pick up some extra spending cash while sharpening your skills, or simply supplement your income to pay the bills: a smart side hustle is a great way to turn extra time into extra… Read more
Billionaire Mark Cuban is no stranger to bold cryptocurrency calls. The Dallas Mavericks-owning Shark called Bitcoin a “bubble” and “hail mary” back in 2017, but has completely flipped over time, labeling Bitcoin “a better alternative to gold” earlier this year. Just last month, Cuban made his most emphatic Bitcoin prediction yet, saying “it’s not inconceivable… Read more
Dogecoin has been having a bit of a moment over the last few months. Since Jan 1, 2021, Dogecoin has gone from a value of $.005 all the way up to as high as $.69. To say it has become a viral craze is an understatement. And, believe it or not, there are a lot… Read more
There is no one, right way to invest your money. What there is, however, are winning strategies to make sure that you don’t lose capital and that your money compounds over time. One of those strategies is investing in high quality ETFs that pay dividends. The share price growth of these ETFs might not be… Read more
You’re scrolling through your social media accounts, and suddenly something catches your eye. This can be a cute dog video, a quote from a famous person, or a beautiful piece of clothing. This is how easy you can be distracted on the Internet. Yet, more often than not, a good product leaves an impact in… Read more