Passive Income

Passive income the old-school way. CDs are back in style. And with some CD rates at 5%, it’s easy to see why. As you know, a certificate of deposit (CD) is a type of savings account that allows you to deposit your money for a set term. The term is usually from one month to […]

Are you thinking about investing in a CD? Now’s the time to do it! Rates are back! We’ve done the research and have found that 5% CD rates are available today: an incredibly hard-to-beat rate. Don’t waste your money on low-interest CDs – these 5% rates are rare and won’t last forever, so take advantage […]

Looking for a place to stash your personal or business cash savings? I spend a lot of time discussing the need to have your money in a high-interest or high-yield savings account. I thought it was about time I put together a list of the top high-yield savings accounts with a focus on small business […]

I make thousands in passive income from this blog each month. And I had no initial funds to spend on this blog when I got started. I just started with the free tools available to me. Are you looking for how to generate passive income with no initial funds? You’re in luck because there are […]

Today I will explain how to build a CD ladder (i.e. certificate of deposit ladder) to create some passive income. In short, a CD ladder is a group of CDs you might invest in that are set to expire at successive dates. Cash from an expiring CD is used to reinvest in another CD one […]

Do all these savings account interest rate increases have your head spinning about where to stash your cash? It’s great that we’re finally earning interest on our money again. But rates are changing quickly. It’s hard to know where to save. That’s where the revolutionary savings platform from Raisin, called SaveBetter, comes in. They offer […]

A great retirement investing alternative that not many people have heard about is the IRA CD. That would be a CD inside of a Roth or Traditional IRA. With this approach, you get the security of a CD with the tax advantages of an IRA. As a reminder, an IRA is a tax-advantaged retirement account […]

Giving every dollar a job and passive income from rent… These are two ideas Neighbor mashes together. The message is simple: use what you already have to your advantage. In the case of Neighbor, it’s giving every space of your home a job. Why? Because as much as compound interests add up over time, wasted […]

If you’re like me you’re always in search of the best passive income ideas. Honestly, though, passive income sounds a little bit like a leprechaun: a mythical creature that provides you with money without you having to work for it. But passive income–otherwise known as residual income or investment income–is the real deal, unlike magical […]

One of the best forms of income is passive income. That’s because it flows in while you’re busy doing other things. It can provide a valuable second income, that you can use to fund your retirement plan, get out of debt, or save up for your next vacation. With the dozens of passive income apps […]

Passive income is the holy grail of personal finance. Earning money without having to hustle for it sounds like a pretty good deal. However, you might assume that passive income is only available to people higher up on the socio-economic ladder than you. If you’re not in the financial position to become venture capitalist (e.g. […]

Yes, the same Discover that runs Discover Cards has a bank. I’ve known about this bank for a while now but didn’t take the time to give it a full review. I’m here today to share what I know about this bank, particularly its online savings account. Readers of this site always look for the […]