HOW TO NOT PAY TAXES

This has been a topic I have recently been studying the most, how to not pay taxes. Now there is many ways to pay less in taxes which I’ll touch on in this post, but there are ways to not pay taxes legally.

Now when it comes to structuring your business I will just call it a day and pick an LLC mainly because a sole prop pays too much in taxes and an S-Corp pays taxes twice.

LLC

With an LLC you are taxed on leftover revenue that was not spent back into the company. The cool thing is that taking a loan after a good revenue will off set the balance owed on taxes.

The power of a liability in a “Limited Liability Company” can make a big difference on how much you pay in taxes.

Now imagine this

In your LLC you can own assets like property, and other things that affect the value of the company as a whole.

If you borrow against those assets you’ll end up with a cheaper loan because depending on the asset it will appreciate overtime off setting the loan by a percentage yielded from the appreciation of the asset.

After receiving the loan, you can reinvest the funds back into acquiring assets for the business that in return appreciate over time, but you still owe money and because of that, you are able to show a loss of revenue for the year on your taxes.

SHELL COMPANY

To my surprise not many business owners know about shell companies. Shell companies are exercised mostly by large corporations to avoid taxations from the government.

This is my explanation of a shell company

1. Open a company outside of the country that you live and do business in, preferably under a different name.

2. Some places want to improve their economy and they will charge you little to no taxes, so that you can funnel money back into their country.

3. Now that you set everything up the country you live in can not charge you taxes on anything that is owned through that company. (Assets, and proceeds are out of the your country’s jurisdiction.)

I hope you found this information useful and effective.

Thank you for reading

The Way I Save

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HOW TO BEAT THE BANK

When you think about “The Bank” what comes to mind is it “money” or “security.” In this post I want you to see the bank as it really is, (infrastructure).

To beat the bank first you have to think like the bank. If you want to be successful, just study how banks make money.

Let’s start with the terminology (words used in banking).

Debit & Credit

Debit, is an entry recording an amount owed.

When you take out $100 from your account, the bank will debit (pay) you $100.

Credit, is the ability to borrow money

So when you save money into a high yield savings account or CD at the bank. The bank is receiving credit (a loan) and in return they give you interest.

If you don’t know what a CD or high yield savings account is then you can click on this link to learn more

How Banks move money

When you save your money in a bank they lend the money back out through credit cards and loans. The bank will also stay liquid only a certain amount for you to make a withdraw.

So in other words the bank will borrow your money and give you 0.006% interest. Afterwards the bank will lend you, your own money through a credit card or loan and charge your anywhere from 5 to 29 percent interest.

How to Compete

The only way you can compete with the bank is by making riskier investments and utilizing everything you have while your still young and cut cost to budget more of the money to the side.

One of the most innovative ways to invest your money now is in crypto, but don’t jump into an investment without knowing enough to base a decision off what you know.

“The more you learn, the more you earn”

Someone quoted this before and people don’t know how to utilize this quote today. This quote is for investments and business, so go out there and learn something NEW!

Thank you for reading

The Way I Save

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KNOW THIS BEFORE GETTING LIFE INSURANCE

On the last post about life insurance I presented three questions you need to ask yourself before getting life insurance.

In this post I’m going to be answering each post so that you know enough to get your very own life insurance policy.

What does the insurance company get in return?

I’m sure you asked the question “how much does the insurance agent make on a life insurance policy?”

Of course the agents wouldn’t want you to know this, but the average Life insurance agent receives 95 percent of what you pay the first year in a policy. When you renew your policy they receive 5 to 10 percent in commission on the policy for the next year.

What types of policies are out there?

There are so many life insurance policies, but they all stem from the two major policies Whole life and Term life.

Whole life

This policy is built to spread the cost of coverage throughout your life span and it is solely built off of your contribution so it is more expensive.

The benefit of “whole life” is that it does not expire and has set payments. Also as long as you make the proper payments on the policy the insurance company is bound by the contract agreement.

Another benefit of “whole life is that the policy builds cash value, which means you can borrow against the policy.

CONS: This policy is expensive.

Term life

This policy is built to cover you over a specific period of time usually anywhere from 10 to 20 years.

The benefit of “term life” is that it tends to be six to ten times more affordable than a whole life policy.

Another benefit is that “term life” can be converted into a whole life policy giving you full life long coverage.

CONS: This policy does not hold a cash value and will expire.

Which policy is the best for you?

My personal opinion is that term life is better because of how you can convert the policy into a whole life plan, but there are cons for doing that. Such as, the policy gives less coverage and if you withdraw money from the policy you leave less for your family after you pass away.

The best policy would be whole life, if you can afford it the policy has no expiration date and holds a cash value. So you don’t run the risk of getting nothing from your insurance policy.

Thank you for reading

The Way I Save

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INVESTING MADE EASY

The key of making money in stocks is not to get scared out of them.

Peter Lynch

The hardest decision you can make is picking something to invest in, but this process can be simplified the more you invest.

Peter Lynch is one of the most iconic investors that simplified investing for average individuals, just by suggesting people to invest in the things they love and understand. Which begs the question why arent you investing in stocks today, and for those who are invested why arent you investing more.

Just start

Just to get this through your head, the hardest decision you can make is the decision to simply start investing. The more you procrastinate the more your missing out on passive returns, and the best way to learn how to invest is simply through experience.

So many entrepeuners will tell you the best way to learn a trade or a new skill is by trail and error (just hurry up and fail). The bigger the fail the better the outcome, remember after every failure ask yourself “why didn’t this work” or “what did I do wrong.” Asking these questions will help you over come the struggles of investing and come out a successful investor.

EQ

When your investing the second most difficult task is keeping your emotions in check. When I began investing the was a company that I had my eye on and I originally bought stock in this company was very innovative because of the their eco approach (how they helped the environment).

Well over the years I saw the stock go up and down, it was like a roller coaster ride. I couldn’t stomach the fact that I could loss everything so I got out.

That company was “Tesla”

If you believe in a company, all you need to do is to first study the background of the creator of the company. If I would of known that “Elon” first created “x.com” I would have realized that he was successful before Tesla.

Only knowing what you need to know helps build emotional intelligence.

Caleb Peters

So remember to hold on, no matter how risky the ride gets because your first decision is normally your best decision.

Thank you for reading

The Way I Save

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WHY DO PEOPLE GET LIFE INSURANCE ?

We’ve all have been approached by someone selling life insurance. Personally I have been approached by random guy at 12pm in a Waffle House selling life insurance, but what is the actual reason why some people purchase life insurance and should you purchase life insurance too?

Is life insurance a scam or real

Depending on which company, life insurance can be a scam, it’s almost like a legal “Ponzi Scheme“. Companies who sell life insurance use multi-level marketing, which means to be an employee you have to be a user of product and the only way to make money is to invite more people.

The real life insurance side works through the customers life span which means, when an individual purchases a policy someone else is cashing out. To be honest all life insurance companies are like this, but it doesn’t change the fact that life insurance is important.

What does it do

Why is life insurance important? Picking a policy is important because of the way our society is nowadays.

Individuals are simply not able to save for their retirement because of the debt that is made by them or their parents. Unfortunately, When you or your parents die they can either leave you with a legacy of wealth or debt, and in many cases its always debt.

Now what life insurance does is take your contributions and a portion of your money goes towards funeral cost, but that’s not all it covers and depending on your policy you can leave your kids with a lot of money.

So now you found out how to turn your kids into trust fund babies, congratulations.

Know before you own

Those few things you need to learn before getting a policy are:

What types of policies are out there ?

Which policy is the best for you ?

What does the insurance company get in return?

And I will be able to answer all these questions in my next post so stay tuned and keep reading.

Thank you for reading

The Way I Save

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HOW TO CREATE PASSIVE INCOME?

Passive income is not always easy to develop ínfima to you might lose money trying to create it. So in this post I want to show you how I currently make passive income and how you can start creating passive income for yourself.

Keep in mind it is not easy to create passive income with that in mind, what ever trade you want to go into, study first by reading books. This will reduce the risk in creating passive income.

STOCKS

Stocks can be one of the most passive investments, depending on how you invest. I prefer investing for the long run because slow and steady wins the race. So one of the main factors I like to see when I invest in stocks is dividends.

Dividends are company earnings that are annually distributed amongst shareholders.

Also in some cases dividends is handed out monthly, so make sure to really study your stocks by using www.sec.gov. From the SEC website you can search up company records, all you need to do is go to the search tab and type in “EDGAR SEARCH,” once land on that page type in the company’s name or ticker symbol.

HIGH YIELD SAVINGS ACCOUNT

High Yield accounts are easier to find but to make a significant amount from interest, you have to have over $10,000 in the account in my opinion. These account are made to give you higher returns compared to a regular savings account or bank account.

Remember this is less risky, when it comes to making passive income, so the returns are not really as big as stocks. What I suggest is to create an account just so you can have money ready to use for convenience but still have money working for you by paying you interest.

ROYALTY FEES

There are plenty of places to collect royalty fees, just to give you an example for “The Way I Save” one of the sites that the blog collects a royalty fee from is merchandise. Teespring is a good site to create graphics that can go on any product and if someone purchases your product you collect a royalty fee.

Now each product can give you more or less money the profit margin varies, but it’s fun and simple to set up. If you want to see an example on how it looks click over to the products page of “The Way I Save” located on the menu tab.

Simple Money Management

Every good business and rich individual knows how to do one thing very well. Successful people probably don’t touch on this topic a lot, but the route of financial success is simply good money management skills. Managing your money can be difficult at times, but although it’s difficult it can be simple too.

This post is going to be dedicated in showing you simple ways to manage your money, so that you can have the keys for success.

PAY YOURSELF

I know a lot of influencers talk about paying yourself but they don’t particularly share how they pay themselves.

these are the ways I pay myself weekly and sometimes monthly:

• my 401(k) plan

• buying stocks

• other investments.

Essentially I take whatever is left in my savings accounts and use it to do one of these three things. Now since my 401K is already taken out of my paycheck, I really just use my savings for the other two.

SYSTEMS

I know a lot of peoples method or system when it comes to their personal finances, is to simply cash the check and stuff it in a box. Cashing your check is the worst method or system you can use, as Grant Cardone says “cash is trash.”

This is true because it doesn’t pay to have cash, it pays to have assets.

My personal method or system for handling money, is to deposit everything I make into my savings account. All I do is deposit and transfer for bills, that way after paying my bills I’m able to see what’s left for possible investments.

You don’t have to use this method, all I’m saying is that this works for me so you should try it and see if this system works for you. You can create any method or system for yourself as long as your know how you spend money.

These are just a few concepts I use I hope this helps you when it comes to your personal finances. Like I said from the beginning managing money can be difficult but also simple, so I hope these concepts were simple enough for you.

You can let me know if these concepts work by leaving a comment on this page.

Thank you for reading

THE WAY I SAVE

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How to Leverage your Money

I’m sure everybody’s heard of the saying buy low and sell high and that’s not just for the stock market that’s for every single thing you purchase. In this post I want to let you know about ways to leverage your money. I’m going to be sharing the ways that I personally have considered or successfully done myself.

BOOKS

So without further ado the first way to leverage money is with books. I have personally invested in several books like for example stock market 101, The intelligent investor, and the richest man in Babylon. With this investment of $57 in just these three books, I have made over a thousand dollars in 6 months.

This is just one example of how reading or listening to books can actually leverage your money. I am still utilizing the information used in these books today, which is also proof that it is a long term investment.

COURSES

When it comes to courses it is another way to leverage your money, but you have to be careful when it comes to choosing of course. I say this because there are courses that charge an arm and a leg for information that could’ve been provided somewhere else cheaper.

Also you have to be strategic when choosing a course what course can you take that can translate into more money for you. For me it was taking an accounting course to help increase my know-how of budgeting and maintaining my personal finances.

MENTORSHIP

Finding mentorship can be priceless and offered for a little to no cost, but there are people in places that charge you for their mentorship.

My advice is to start start with who you know and find people who invest their money in particular ways.

For me I have found plenty of mentors to draw near to who invest in real estate that are not only willing to share what they know, but are capable of partnering with me on deals.

Thank you for reading

The Way I Save

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Goals For your Money

Many people create goals they want to accomplish at the beginning of each year. Some people accomplish these goals, others forget about the goals that they have set for themselves. The most successful people break down their goals into realistic task and give a time frame for the goal to be completed. If your new year resolution was to make more money this year, then you clicked on the best post for you.

In this post we’re going to break down your goal into making more money into realistic task but first lets be clear about the time frame. We want to complete this goal before the next year, so lets make this a 10 month goal.

TASK NUMBER 1

What are you passionate about and why? When you figure out what you are passionate about you will be willing to work more hours during the day. When you figure out why you are passionate about something it prevents you from getting burnt out or tired, and if you do get tired then its not a big enough “why.”

You don’t have to think too hard to realize what your passionate about because chances are you want to change peoples lives. So all you have to do is figure out what part of peoples lives you want to change. For example, I want to change the way people operate their personal finances so they can have financial freedom. The reason why I want to do this is because 80% of America is in debt and 55% of that debt is in credit cards.

So now that you know you want to impact peoples lives, and what part of their lives you want to impact, figure out how your going to impact them. Is it going to be through books, seminars, music, or a podcast.

TASK NUMBER 2

Supercharge your learning, when you find out what service your going to do, you need to learn more about the service (do not sell yourself short when it comes to the price of your service and do not overprice it.) You need to have a strategic method of learning too, so when you find the service you want to provide ask questions like how? Where? Why? and Who? Then learn the answers to each question. Start with the basics learn how to find the right people to partner with to eventually form a business, you need marketing, accounting, and specialist in the field.

TASK NUMBER 3

What ever money you have now, chances are your going to need more. So find things to flip, sell, or invest in that will give you enough cushion to start your business. I didn’t say it will be easy, but it is doable. Simple ideas to flip would be cars, shoes, or furniture.

I hope you enjoyed reading this post and I also hope it inspired you.

Thank you for reading

The Way I Save

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Money Storage

Last post was about how to simply manage your money, this post is going to touch on where you should store your money. If you haven’t found out yet, saving your money at a bank only gives you a return of 0.01%.

That means you get ten pennies for every $1,000.00 you save. That’s ridiculous, but don’t worry there’s better ways that are just as safe and give you higher returns. In this post I’m going to share a few that I was able to try.

HIGH YIELD ACCOUNTS

If your not into risky investing you can still get a good return on your money, while keeping your money at the bank. For instance, synchrony offers you 0.55% for storing your money with them.

I believe the best high yield account out right now since the pandemic is Brinks. Brinks is offering 5% for storing your money with them.

BROKERAGE ACCOUNTS

You don’t have to buy stocks to make money, some brokerage accounts give you interest for storing your money with them.

If you have under $10,000 TD Ameritrade will give 1.25% for storing your money with them in a brokerage account, this interest rate might vary.

BITCOIN SAVINGS ACCOUNT

The last way I recommended storing money, is with Bitcoin savings account. For this account you have to own a type of crypto currency that the account accepts, and have an up to date digit wallet for storing the coin.

Nexo has one of the bitcoin savings account available for you, and they offer you anywhere from 8% to 12% for storing your bitcoin with them.

I hope you found this post useful, thank you for reading

The Way I Save

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Why Diversify

There are plenty of reasons why you should diversify your investments, but in this post your going to be reading about the advantages of diversification.

Diversification is the practice of spreading your investments around.

ONE ADVANTAGE

The first advantage of diversification is when you diversify your stocks or money you are able to take advantage of growth opportunities in different sectors of the market.

You don’t have to know which stock to pick you just have to know which industry is going where. Once you figure that out, you can simply purchase a Mutual Fund, ETF, or Index Fund that is already diverse in that particular industry.

SECOND ADVANTAGE

The second advantage of diversification is that when you diversify your stocks or money it keeps you stable during tough times. With this pandemic, businesses are going under and investors that aren’t diversified are losing money.

Since I knew businesses are being affected during this pandemic, I invested in gold when the shutdown occurred which saved my investments.

When one sector goes down there is always another sector that is going to be prospering, you just have to diversify.

THIRD ADVANTAGE

The third advantage of diversification is knowledge. When one sector or industry is going down that’s your trigger into buying either one good business or one outstanding ETF in that struggling sector.

Now each time you log on your brokerage account, if your diversified enough, you should see where the market is headed. You can see which sector has gain momentum and where to put more money.

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THE WAY I SAVE

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What’s an IPO?

IPOs are always being listed on the exchange and you can make a considerable amount of money from buying and selling IPOs at the right time, but what are they specifically. Well in this post I am going to break down this acronym, and tell you whether or not you should invest in an IPO.

I – INITIAL

Well let’s begin with the first letter of IPO, which stands for initial. When a private company is planning to grow rather quickly, they look for funding in various places. Take “Publix” for an example, they offer their own employees an opportunity to buy a share of a company. With that money reinvested in Publix the company is able to acquire more assets to grow in profitability.

P – PUBLIC

The “P” in IPO stands for public. After massive expansion, a company like Publix is able to go public with their stock. This means a non-employee of Publix can become a shareholder in the company now.

O – OFFERING

I stands for Initial, P was for Public, and O is for Offering. As an Initial Public Offering, a private company is able to become a public company. The benefits of this transitions helps the company go from a couple hundred thousand in funding, to millions or even billions in funding.

BUT…

When a company is newly listed the information of its business dealings are very slim to none. Which means many investors do not know much about the company’s Assets, Liability, and the companies performance record (profits).

Even with knowing very little about a newly listed company, investors still gamble and invest in IPO’s. Which result in these investors loosing everything.

So taken it from Benjamin Graham when he states that the more you know the better with stocks; this is my translation of what Ben teaches in his book “The Intelligent Investor.”

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HOW TO PICK A STOCK

If your like me a few years ago, you probably want to invest into the stock market but you don’t even know what to buy. Well, you clicked on the right post, in this post your going to learn how to pick the best stocks and be able to determine what a good stock looks like.

Okay for starters, there are plenty of ways to make money in the stock market, But the best way is by holding on to a stock for five or fifteen years. There are two reasons why this is the best method.

  1. You can build capital
  2. You can receive dividends

CAPITAL

Now to build capital you have to do some research before you pick a stock. You cant just pick a stock based on what you think, or what some else thinks (that is a good way to lose your shirt.)

There is a cool site that helps you gather information about a stock and its called “SEC.GOV.” This website was created by the “U.S Securities and Exchange Commission” to help the individual investor make informed decisions on a stock before investing. Every stock that is listed on the market has to give updated information on the companies balance sheet, income statement, and cashflow statement, plus any executive decision.

I personally use sec.gov every quarter, to get updated information on how my stocks are doing. I suggest you to do the same, because this is a good way to learn more about the company and where its headed financially. You deserve to know if the company is making money or losing money.

DIVIDENDS

Part of deciding whether a stock is good, is by seeing if the stock gives quarterly dividends and has been doing so for more than fives years. This is another piece of information that is provided at sec.gov.

At the bottom of the picture above it shows the dividends per share for this particular stock. It also shows you how much dividends was handed out by the company in 2019 after three months and 2018 after three months.

Dividends gets passed out each fiscal quarter, which is every three months. At the bottom left you can see the dividends given after nine months for 2019 and 2018. I showed you this picture just to give you an idea of what your looking for in a stock, when it comes to dividends.

Just to give you a heads up, the reason why you want to pick a stock that shows more than 5 years of dividend payments, is because the company decides whether or not to give its shareholders dividends.

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WHATS A BOND

Most people will not buy a bond, but after learning what a bond is and what it can do for you, your going to want to purchase some as soon as possible. As a investor you always want to diversify your investments, any 401k manager or financial advisor will tell you that. That is part of the reason why ten percent of your 401k generally includes bonds.

GENERALLY

In general, a bond is issued when a entity (company or government) needs funding for advancement or backed expenses. Just like a certificate of deposit, with a bond you can only redeem your investment at a specific time. Bonds can be redeemable anywhere from 1-30 years. These type of investments are normally considered low risk in comparison to stocks. Typically the interest you gain from bonds are enough to protect you from inflation.

TYPES OF BONDS

Treasury Bonds – Are issued by the government.

Corporate Bonds – Are issued by corporations for profit.

Agency Bonds – Are issued by federal agencies.

Municipal Bonds – Are issued by cities, states, and countries.

The best bond to invest in, is debatable, but what I prefer is municipal bonds. The reason why I prefer municipal bond is because municipal bonds, are generally exempt from state income tax in the state where the bond is issued. Also municipal bonds are generally moderate risk but can be high, which means this type of bond will give you a pretty good return.

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Be The Bank

www.trading-the-forex.netBanks happened to be one of the most profitable businesses, and not just because of the credit cards they offer. The way Banks our making their money is from interest. They get interest not just from common folks opening up credit cards, but other businesses as well. The way they make money from other businesses is through “Chip Readers.” Chip Readers can take up to 35% per transaction, other Chip Readers take a monthly fee. What I’m going to show you is how to be like the banks and rack up on interest. Ways you can rack up on interest is:10.jpg

  • Loaning out money through sites like Lending Club.
  • Loaning out money for real estate through sites like “Fundrise.”
  • Investing some money into other currencies through companies like Forex

Loaning money out can be very difficult at times, but through sites like Lending Club you are able to get back anywhere from 7% to 14% in interest on the money you invest into a individual. To make sure you are confident about the people you are loaning money to they provide you the credit score’s of the individuals who you think are a good candidate. This type of investing is called peer to peer lending, Lending Club is just an example there are other peer to peer lending companies available. With peer to peer lending there the minimum you can loan is $1000, the companies also take a fee of 2% or 3% of the interest made from investing.

The second way that I presented on how to gain interest is through “Fundrise” and Fundrise consist of a pool of investors investing into a property and receive an interest of approximately 5-12 percent considering how much risk you want to take. I am personally invested into this program and so far made more money from this account than my high yield savings account, but there is a fee which isn’t much so far they took only $0.44 out of my account. Then again I only have 1000 invested, but doing a little more research on Fundrise “The eDirect offerings — eREITs and eFunds — pay a 0.85% annual asset management fee. In addition, clients of the investment services and management system pay a 0.15% annual investment advisory fee, although this may be waived in certain circumstances.

Foreign Exchange

The foreign exchange market is arguably the largest market across the globe 

Written by: http://www.trading-the-forex.net

one of the greatest ways to invest and it’s because when are economy is plummeting another economy will be thriving. It is similar to when your researching a stock, you have to read about different economies to see when or if their currency will change for the better or worse. When I was dealing with Forex, I was able to get 10 percent back from my investment. There are always tricks and tip to use for Foreign Exchange such as tracking financial news daily, staying away from Forex bots, and using margin wisely. I can’t explain this massive investment all in this post so I’m making a separate post to let you in all the details, but until next time, Let me know if this post was helpful to you

!!THANK YOU!!

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Passive Income

Passive income is earnings derived from a rental property, limited partnership or other enterprise in which a person is not actively involved. As with active income, passive income is usually taxable. However, it is often treated differently by the Internal Revenue Service (IRS). Portfolio income is considered passive income by some analysts, so dividends and Interest would therefore be considered passive.

quoted by: http://www.investopedia.com

I have read, listened, and saw plenty of CPA’s, Real Estate agents, and Financial Advisors talk about passive income; but their are only a few to do while in college with limited funds (money).

The first one is my favorite which is a High Yield Savings account. So instead of getting a penny $0.01 a month for every $1000 dollars, you have your getting $2 a month that’s a huge difference. The reason why this is my favorite type of passive income is because I am able to invest at a very low risk which means I am less likely to loose my investment.

The Secondary way to create passive income is through Real Estate Pool Investing which gives you over 5% back in interest. Which is pretty cool considering that your only getting 0.09% from your current savings account with your ordinary bank. I currently made $22 from letting my money sit. I’ve been using a popular and reliable platform called, Fundrise. What Fundrise does is raise money for a specific Real Estate Property that gives you back and average of %5 back on what ever you decide to put in. The minimum amount to get started is only $500 and it’s pretty easy to setup.

The last passive income is the stocks market. The reason why I put the stock market as a passive income is because there is a slight trick to making the stock market passive now of course your not going to make as much as active people in the stock market you can still make a significant amount from dividends. Dividends is “money” the company gives the stock holder for per share. Sometimes they give it quarterly or monthly, the best dividend stock out there right now from the time writing this post is “PSEC.”

There many other ways to create passive income. Even some businesses can even be passive. Writing is one of the most passive incomes created, think about the only work you do is to write the book, publish, and promote. This is why many pastors and entrepreneurs write books, it’s an investment that accrues interest over time by promoting yourself.

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Double Up

Lets Double Up, lets make something work, lets do what broke people don’t know how to do, but how do we do it ?

There are a lot of easy, but difficult task to do in order to double your profit (money). Let’s see how to do this effectively to where we double our profits continually. Here are different ideas and proven methods to “DOUBLE UP!”

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First off I suggest finding something your good at doing it might be fixing, creating, selling, or maybe you can speak two or more languages. Find your talent first and feed into it.

I found this post to be important because I made an extra 1000 just by doing these tips. My skill is fixing cars. Knowing that I went surfing the web for cars I know I can fix with little cost. You will never guess what I found… I found a 2000 BMW 323i listed for $550.00 looking at the problems on the vehicle I knew it was a easy fix. I had to replace two heater pipes for the coolant system, which only costed me $300 in parts. For a totally profit of $1,150.

This is just an example of what you can do on eBay, OfferUp, LetGo, and Craigslist. Search for and item you know is worth more then is listed and flip it for some profit. This could be furniture, games, Jewelry, or maybe even cars. For my creatives out their you can find items that are cheap to create something worth buying.

We can can double up are income just by using these three things.

• Searching

• Fixing/Cleaning/Creating

• Selling at listed cost

If you choose to use these tips you can double your profits easily. Learn how to post your products on as any selling platforms as you can. You’ll soon end up doubling up your income in no time I hope for the best for you guys.

What’s The Plan

Success can not happen with out dedication and most importantly goal setting. Writing down your personal goals is the easiest part of goal setting. The difficulty in goal setting is achieving your goals. So what’s the plan ?

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Okay so what’s one of your goals ? Maybe you want to build your own business or retire at a young age. That’s great, but let’s take it one goal at a time. We all have big plans for ourselves but we don’t really do the work for setting goals to get there. If you are wanting to retire at a young age do you have a stock broker or investment account yet, if not go look for the best of the best rates and returns first then select your plan. This is just one step you can make now towards your goal. Find your vehicle, some cars go faster than others its the same for your investments, just way out the risks. If you choose a faster vehicle for your investments, you might crash. If you choose a slower vehicle you are less likely to crash because your going the speed limit.

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 As you choose your vehicle and set reachable goals, you want to have a vision behind it all. The bigger your vision, the more drive it will bring when accomplishing your reachable goals. Allow me to give your an example:

my vision for everything I do is to influence and change the bad habits of the world to create an atmosphere where people are selfless more than selfish.

SUMMARY: set reachable goals and a line it towards your vision.