Some things to consider…
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What are your long term goals for life? -
What’s important to you? -
Do you have a long term plan?
Wealth Resources
Knowledge to Know
Income
Assets
Liabilities
Net Worth
Savings
Retirement
Insurance
Human Capital
Social Capital
Human Capital
Liquidity
Click To Learn About The Components of Wealth
Useful Links
Income Generation (Active and Passive)
Investing and Asset Building
Debt Management
Savings and Emergency Funds
Retirement Accounts
Insurance
Building and Monitoring Credit
Human Capital
Social Capital
Income Generation (Active and Passive)
1. Freelancing and Gig Work
Upwork: A popular platform for freelancers in various fields such as writing, design, development, and marketing.
Fiverr: Another freelancing platform where individuals can offer services in different niches, starting at $5 per gig.
Freelancer: Offers both large and small projects in categories like software development, writing, and design.
2. Creating Passive Income
Ramit Sethi – I Will Teach You to Be Rich: Ramit Sethi’s site offers various guides and resources on creating systems for passive income through investments, automation, and other strategies.
Pat Flynn – Smart Passive Income: This blog and podcast focus on creating passive income streams through online businesses, affiliate marketing, and content creation.
BiggerPockets: Focuses on building passive income through real estate investing, including rental properties and flipping houses.
3. Starting an Online Business
Shopify: A leading platform for starting an e-commerce store and selling products or services online.
Etsy: Ideal for creators of handmade goods, crafts, and digital products looking to sell to a global audience.
Amazon FBA (Fulfillment by Amazon): Learn how to generate income by selling products on Amazon through their FBA program.
4. Investing for Passive Income
Vanguard: Provides low-cost mutual funds and ETFs for generating passive income from investments.
Fundrise: A platform for real estate investing with a low barrier to entry, providing passive income from real estate projects.
LendingClub: An online marketplace for peer-to-peer lending, allowing you to earn interest as a lender.
5. Side Hustles
Side Hustle Nation: A blog and podcast dedicated to finding and building profitable side hustles, with insights from people already doing it.
The Penny Hoarder: Offers a variety of side hustle ideas, from delivering groceries to starting a blog or selling products online.
6. Stock Market Investments
Robinhood: A beginner-friendly platform for investing in stocks, ETFs, and cryptocurrencies without commission fees.
Wealthfront: Provides automated investment services with a focus on long-term wealth growth through ETFs.
These platforms and resources provide practical ways to increase both active and passive income streams, empowering you to improve your financial standing over time.
Investing and Asset Building
Debt Management
Savings and Emergency Funds
Retirement Accounts
Insurance
Building and Monitoring Credit
Human Capital
Social Capital