Money Management Archives |

Universal Basis Income

Universal Basic Income (UBI) is a policy proposal that involves providing all citizens with a regular, unconditional sum of money, regardless of their employment status or income. The concept has garnered significant debate, with strong arguments both for and against...

Most Lucrative Side Gigs

Here are some of the most lucrative side gigs that can generate significant extra income: Freelance Writing Freelance writing is in high demand and can be quite profitable, especially for those with expertise in specific industries. Content writers can earn around...

EIDL forgiveness

I have a couple of clients who have taken EIDL funds to weather the tide and are now regretting those choices. One needs to close; it has been hemorrhaging cash since I started working with them.  They have thrown their EIDL Funds and all of their savings into the...

Real wealth –

I have been working with clients this tax season, who are well into the top 10% of US taxpayers, none of them consider themselves wealthy.  Even those whom I know are the truly wealthy. During a recent webinar, they defined real wealth by having  passive income...

Multiple lines of passive income

What passive income streams have you set up for yourself?  If you haven’t done any yet, are you planning on doing any? I have some old insurance dogs and financial advisors, who wake up January 1, knowing that they will be making six to seven figures without really...

Short Term cash loan

I have a client that at one time tried this trick a couple times within a year.  I do not recommend it, this is a cautionary tale. The client borrowed money from their traditional IRA.  Normal withdrawal with no exceptions, if not rolled over into a new account within...

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