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Tag: income sources

3 Types Of Income Taxed Differently

3 Types Of Income Taxed Differently

Many of you probably have heard that to make a good wage you have to go to school, get good grades, graduate, and work for a company. Sounds pretty straightforward and I, too, was taught this from an early start. We graduate from high school, college, masters, or doctorate, and once education is completed, you head out to the working world to use your educational knowledge to earn an income. There are essentially 3 types of income sources: Earned Income,…

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Create Multiple Income Sources

Create Multiple Income Sources

Creating multiple income sources can help you reach financial independence which means reaching a state where you have enough income to live off for the rest of your life. Depending on your lifestyle and depending on your goals, how you get to financial independence differs from one person to the other. One might say they want to build as much savings as possible and live off of that. Another might want to get to a state to comfortably replace their…

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