Money Archives - Tycoonmag.com

earn money without paying for anything - featured

Ways to Earn Money Online Without Paying Anything

There are a lot of ways on how you can earn money online; some do require a bit of money, while some don’t but either way, you must pay something.

Earning money online isn’t as easy as most get rich quick sinister would have you believe.

As I always tell my kids, nothing in this world is truly free. Either you pay with money, or you pay with energy.

I believe that a person’s most valuable resource is his or her time. You see, you can get more money, but you can’t get more time.

On average, we all have around 28,000 days to live, and each day that passes gets deducted from whatever time we still have, and so it’s a must that we must spend our time wisely.

start a rental property business - featured

How to Start a Rental Property Business

Rental property investing is one of the most common ways to get started with real estate investing-most experts recommend getting your first deal under your belt as quickly as possible.

When you’re new to real estate investing, it’s best to start off slow by buying a single unit and renting it out.

If you’ve never done it before, or don’t know where to start, this article will help guide you through the process. It’s easier than most people think and can be a great way to build wealth for yourself in real estate without putting all your eggs in one basket.

How to Get Rich with A Normal Job

There are a plethora of ways on how you can get rich and if you’ve been reading or researching on the internet, you may have learned that the best and fastest way to wealth is by starting and business a business. However, not everyone is cut out to become an entrepreneur or a business owner. So, how can a person get rich by simply working a normal job?

This is the question that this article aims to tackle. You see whether you’re building wealth as an entrepreneur or as an employee, both take time, consistency, and hard work. The difference is that you’re more likely to become rich faster as an entrepreneur because of the available leverage once your business gets traction.

How to Make Money Without a Normal Job

How to make money without a normal job?

In the 90s, and early 2000, this question is mostly frowned up upon. That’s because most people’s career path is the traditional 9 – 5 employment. No one ever sets out to become self-employed as people feel that there’s such a high risk with self-employment due to the variable income component.

With a traditional job, you can expect your paycheck within 2-weeks of starting your day job. It’s safe, secure, and a fast way of making money.

Most people looking to make money without a job are either lazy, entrepreneurs, or lazy-ass entrepreneurs.… Read more...

Have You Ever thought Of Loss of Income and the Need for Passive Income?

I have been fighting with a strange case of influenza in the last couple of weeks, no it’s not Covid as we had dutifully tested for it a couple of days I acquired the flu and did pass it with flying colors and an online certificate to fit but three weeks after infliction I still find myself weak.

Last night, we went for an acupuncture session with a doctor of Chinese medicine friend of ours. I’ve been trying to book a face-to-face consultation with our family doctor but then medical consultations on our end of the world have shifted to phone-only consultation because of the second-round of Covid lockdowns in our province. … Read more...

The Fastest Ways to Make Money Online

In a world where there is a lot of garbage information and fake news, it’s pretty hard to find real answers to the most basics of questions that will help you solve your problem.

Like many entrepreneurs, I have been scouring the web for answers on this topic, the fastest way to make money online.

As they say, there are a million ways to million dollars and as such, there isn’t a shortage in supply on the many different ways you can make money online but what are the fastest ways to make money online?

In this article, I will tackle just that but before you read further, let me tell you that the information you’ll find here isn’t fake guru stuff, nor are these get rich quick schemes.… Read more...

IS A CAR AN ASSET OR A LIABILITY?

Is a car an asset or a liability?

In this article, we dissect this million-dollar question.

If you own a car, especially an expensive one, it is inevitable that this major financial question bothers your conscience at least occasionally, or maybe pretty much every day if you can barely afford your car payments.

Understandably so, a car is one of the major purchases in every adult’s life. The reason why so many people are confused as to whether a car is an asset or a liability is the fact there are so many expenses associated with buying and owning a car.… Read more...

How do I Make an Extra $1000 a Month

Making an extra $1000 a month can have a positive impact on your life in several ways. If you’re willing to put in the extra effort, earning an extra $1,000 or even more online or offline is much easier than you think!

Thanks to the internet and the many other technological advancements, making extra money outside of your main gig has never been easier, it does involve a lot of hard work and perseverance; nothing moves if nothing moves!

If your earnings from your full-time job aren’t enough to make ends meet, then you have a problem, either you have an income problem, or you have a spending problem.… Read more...

How to Pay Off Debt in One Year?

How To Pay Off Debt In One Year?

Living with debt is not a new thing as most people would have dealt with debt at some point in their lives. Welcome to the adult world!

As per the Experian data, the consumer debit in aggregate reached a new height of $14.1 trillion in 2019. This overall increment had shown the growth in every debt category.

This includes high mortgage loans, student loans, credit card debts, auto loans, personal loans, lines of credit, and HELOC (Home Equity Line of Credit).

If you feel that you’re drowning in debt and worried about owing so much money, relax, take a deep breath, and stop digging!… Read more...

How to Make Your House Work for You

As you may be well aware by now, your house is not necessarily an asset if all you do is live in it.

Far too many people fall into the “homeownership trap”, thinking that the house they live in is their most precious asset.

It’s the sense of ownership that traps people into houses that they can barely afford.

If your house is sucking away money instead of putting money in your pocket every month, then it’s a liability, rather than an asset as what your banker and realtor would have made you believe.

In essence, it’s what we call, illiquid asset, an asset that’s hard to convert to cash and since it doesn’t give you any form of cash flow, then it’s a liability, at least for the time being.… Read more...