HackingFinance: Difference between revisions
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| Line 4: | Line 4: | ||
==Passive Income (Requires initial labor)== | ==Passive Income (Requires initial labor)== | ||
* Creating software that sells. | * Creating software that sells. | ||
* Mobile apps (sold via AppStore or Google Play) | * Mobile apps (sold via AppStore or Google Play) | ||
* Creating screencasts? | * Creating screencasts? | ||
* Patents/inventions, then licensing | * Patents/inventions, then licensing | ||
* Recruiting referrals. | |||
==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.
Tax
Get incorporated. Tax Ninja.
Reduced cost of living
Thrift stores
Rent
Roommate