HackingFinance
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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 for tax, to reduce personal cost of rent.