Ryan Hogue, a former senior web developer and adjunct professor, has carved a path few expected, transforming his career from coding to generating a staggering $49,000 per month in passive income through multiple side hustles. Hogue’s journey began modestly in 2016 when he took on freelance coding projects for additional income. Now, having built nearly … Read more
Billionaire entrepreneur and Dallas Mavericks co-owner Mark Cuban recently sat down with Shannon Sharpe on the Club Shay Shay podcast to share his thoughts on managing wealth as a two-way NBA player. With his signature directness, Cuban outlined how he’d manage money, invest, and avoid certain financial pitfalls if he navigated the pressures and uncertainties … Read more
In the best-case scenario, a side hustle could turn into a multimillion-dollar business that generates a passive income stream — but at the very least, starting a side gig could help pay some bills. A new survey from personal finance software company Quicken shows that almost half (43%) of Americans with a side hustle, or … Read more
Almost 20% of American households generate passive income from interests, dividends, or rents, with median earnings at $4,200 annually. Building passive income streams is an emerging trend as more people increasingly gain access to investment instruments that have long been limited to the wealthy. Rich Dad Poor Dad author Robert Kiyosaki believes everyone should focus … Read more
Shark Tank star and multi-billionaire entrepreneur Mark Cuban understands that not everyone can invest millions in businesses or start their own companies successfully. However, the Dallas Mavericks co-owner believes there are many ways to secure extra money via passive income streams without burning a hole in your pocket. 1. Invest in Stocks That Are Dividend … Read more
A 74-year-old woman and her husband of nearly 30 years have a combined net worth of $7 million. As the couple prepared their estate plans, the woman struggled to come to terms with the money-savvy husband’s decision to divide their net worth equally between their two boys. She explained her confusion in a recent MarketWatch … Read more
A rich retirement life is often the result of patient investing and diversification across asset classes in your working years that offer adequate income and financial security when you hang up your boots. How much you need to retire is a burning question that younger generations pay more heed to than millennials and boomers. While … Read more
75-year-old Tim F. receives larger monthly Social Security checks because he waited until he was 70 to collect the benefits. He followed the general trend of securing bigger checks by delaying his retirement beyond 62 and even full retirement age, which is 67 for those born after 1960. However, Tim regrets not collecting Social Security … Read more
It might surprise you to learn that the top 25 wealthiest people in America paid only $13.6 billion in federal income taxes between 2014 and 2018, despite their total income increasing by $401 billion during that period. This equates to a true tax rate of just 3.4%. Given that 2024 tax rates range from 10% … Read more
23-year-old Cody Davis and his business partner, Christian Osgood, own around 180 apartments in Texas and Washington, and they used debt to create this growing $25 million real estate portfolio in four years. They now earn a gross revenue of nearly $300,000 monthly. They also bought a resort called Robinhood that overlooks the Hood Canal … Read more
