HackingFinance: Difference between revisions

From Noisebridge
Jump to navigation Jump to search
Line 10: Line 10:
* Patents/inventions, then licensing
* Patents/inventions, then licensing
* Recruiting referrals.
* Recruiting referrals.
* Renting an extra room out on AirBnB


==Tax==
==Tax==

Revision as of 21:11, 22 February 2014

Active Income (Selling Your Labor)

  • Corporate full-time employment (aka wage labor - W2)
  • Contract work (1099)

Passive Income (Requires initial labor)

  • Creating software that sells.
  • Mobile apps (sold via AppStore or Google Play)
  • Creating screencasts?
  • Patents/inventions, then licensing
  • Recruiting referrals.
  • Renting an extra room out on AirBnB

Tax

Get incorporated. Tax Ninja.

Reduced cost of living

Thrift stores

Rent

Roommate