HackingFinance: Difference between revisions

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==Reduced cost of living==
==Reduced cost of living==
Thrift stores
Thrift stores
Eating company food at work.


===Rent===
===Rent===

Revision as of 10:25, 23 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

Eating company food at work.

Rent

Roommate

Commercial space, business expensed.