Latest Posts - Page 114 of 200

September 2, 2019August 25, 2019 Passive Income Approaches

Outsource And Automate For Passive Income

We have often discussed how we can outsource and automate our processes. This approach allows us to reduce the hustle portion of our side-hustle. While that is a crucial step, it is also one that can provide its own challenges. Outsourcing, in particular, is a learned skill and one that takes patience and research. In this episode, we will look at some key considerations when you take this essential step. Refine Processes To Outsource And Automate Automation and outsourcing are similar in one core aspect. They require us to refine and tightly define our processes. We cannot be vague in our understanding or describing our processes. If we are not specific in our definitions, then how can we expect a... Read more

August 30, 2019August 23, 2019 Passive Income Approaches

Reducing Expenses For Some Passive Income

It is hard to argue that reducing expenses is not the least exciting episode of this season. Nevertheless, this is an important part of our passive income strategy. Debt is a killer of any income. Also, any funds we free up can be used for investing and other income streams. That makes this an essential part of the move to being a master of passive income. Reducing Expenses Adds Up Investing income builds over time. On the other hand, debt reduces our funds over time. Think of it as a form of negative passive income. That means any obligation we have will automatically kill our passive income attempts and what that provides. Of course, we could generate passive income to... Read more

August 28, 2019August 20, 2019 Passive Income Approaches

Cashback and Rewards For Passive Income

It is hard to flip through a magazine or sit through television commercials without being exposed to a cashback program. These come in many forms. Some provide points or tokens of some sort, while others credit your account or even send you cash. No matter how these work, they are all ways to get paid for spending money. While not fully passive, these are good programs to take advantage of. Cashback Is Passive We all have to spend money. These expenditures may be in small or large amounts, but it is a fact of life. We spend money to live, whether through food, clothing, or shelter. All of these are essential to our existence and require us to do some... Read more

August 27, 2019August 17, 2019 Become a Better Developer

User Experience Design For Developers

User experience design (UX) is a hot topic these days. Everyone is getting on board with the idea that UX is key to the success of products and sites. Therefore, we should look for ways to help craft that experience throughout the SDLC. Also, we can all contribute to this essential facet of software development. User experience is not just for the graphic designers on our team. User Experience Design is a Team Effort We all know that there are people best suited to designing the application experience. They understand things like compatible colors, which fonts work best, and much more. However, all of us can work to make the best design possible. We all have been users of some... Read more

August 26, 2019August 20, 2019 Passive Income Approaches

Turn Your Hobby Into Passive Income

One of the best ways to generate a passive income stream is to profit from what you already do. We have looked at a couple of ways to do this. However, a hobby may be the best of these options. We are essentially taking what we do for fun and turning it into a way to make money. This discussion is not just about loving your job. It is about getting paid for the things you love to do. A Hobby Is Fun We have hobbies for many reasons. One of the essential reasons for a hobby is that it “makes us happy.” It may be that we do these things to reduce stress or find solitude, but even in... Read more

August 23, 2019August 17, 2019 Passive Income Approaches

Producing One-Time Content For Passive Income

We have looked at regular content like blogs and podcasts for passive income. However, there are better options for passive income that are one-time content products. These include things like books, instructional videos, white papers, and more. These products are excellent options since they provide recurring revenue from a single push to create it. One-Time Content Takes On Going Effort One-time is a description for the creation of the content alone. It is not a way to describe the effort required to keep that income rolling in. The good news is that the work to keep things going is often small and can provide a sizable return on a few hours of work. The content itself is key to how... Read more