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.