How to build wealth on $500 weekly: A Step by Step Guide

Step by Step Guide

How to Build

Wealth on $500 weekly


This first step is to work on your mindset and develop a growth mindset. Because no matter how hard you put in the work if you are not ready psychologically; you will never achieve your goals.



Hard work

Self Assessment

Make money 7/7 week don’t skip a day. Even if it is $0.5 take it, save it. As time goes by you will structure those incomes streams. Then, repeat the same process over time. Notwithstanding you need to be extremely focused, work hard and constantly reevaluate yourself. Always remember, they are many ways to make money in 2019. Start somewhere first then the momentum will catch up. Finally, always keep the bigger picture in mind.

Don’t spend money, save money. Yet if you decide to spend think of each spend as an investment that has to bring in a return on investment. If you keep that behavioral mindset you will constantly find ways to save money and limit your expenses. In addition, you can keep your expenses low while enjoying a decent life. So stay focus, resist all social pressure to show up and be resilient.

Time = Money. You need to understand the concept of “Time Value Money”. As a consequence don’t trade your skill for money but your time for money.


The second step is to build a solid community around you. Still, a community of like-minded people who can help you, push you forward and support you in your quest for a better life and a strong legacy.





Leverage the power of your community to excel in your environment. Absolutely, you can be part of a saving circle, an investment club, a lending circle or both with a select group of trusted people around you. That is the reason why joining one of those will instantly guarantee sustainable access to money when you need it to invest in a business or cover an emergency.

Joining a professional organization will help you rethink your career evolution. Moreover, it will help you harness the opportunities available of your industry and your profession. Also, your interaction with your peers accomplish professional will enlighten you. But, you can start by volunteering during meet up or community engagement activities.

Find a mentor. Nonetheless, it should be a person that has your best interest in mind. Also,the person will guide you and orient you toward achieving your highest potential. Ideally, a person that has build wealth from scratch will be preferable.

Eliminate all toxic friends around you.  Typically, people with visions, aspirations, and values that do not connect with where you are in life and with what you are trying to achieve.


In this third step take actions. Always go for the long haul, don’t settle for less and be appreciative. Furthermore, balance your portfolio of income between short term and long term. Finally, try as much as you can to be present everywhere there is money to be made.

  • Lending circle
  • Passive income
  • Stock market
  • Real estate

Lending Circle

                                     Case study

5 people are close friends and family relative with stable income. Michael, Kaliana, Alex, and Kyle.

They all come together and decide to pool every month $500 and give all to the host of the day who also happens to be the beneficiary of the day. Besides, the action is rotative.

As a result:

  • Month 1, Michael gets to take home $1500.
  • # 2, Kaliana takes home $1500
  • The following month #3, Alex $2000
  • Finally #4, Kyle $ 1500

For a year each will get access to $7500 of zero-interest loan. That is good money that can be invested in an asset for future gains.

How can you get save $500 every month?

  • Get a roommate
  • Cut off your cable TV
  • Take public transportation
  • Stop buying alcohol and beer
  • Shop in bulk
  • Grow your own food
  • Limit your dining out

Stock market

Build wealth with the stock market on a $500 weekly pay. Here are some valuable options.


Fixed-income US Government Treasury securities

A Fixed-income US Government Treasury securities with maturities of anywhere from 30 days to 30 years in denominations are available for as low as $100.

Worthy Bonds

For as little as $10, you can invest in Worthy Bonds.  Worthy Bonds are fixed interest bonds that fund loans for creditworthy American businesses.  More, the bonds have a term of 36-months. But interest is paid weekly and you can withdraw your money at any time, without penalty.  Equally, you can buy as many $10 bonds as you’d like.

Mutual funds

Mutual funds are investment securities that allow you to invest in a portfolio of stocks and bonds with a single transaction, making them perfect for new investors.

The trouble is many mutual fund companies require initial minimum investments of between $500 and $5,000. Nevertheless, if you’re a first-time investor with little money to invest, those minimums can be out of reach. But some mutual fund companies will waive the account minimums if you agree to automatic monthly investments of between $50 and $100

Invest with little leveraging Apps

You don’t need millions to invest in the stock market. In line with that assumption, you should consider apps like Robinhood acorns to start investing like a pro.

Others investment ideas

Trust fund

You can open a trust fund for the kid you have or about to have for as little as $1000 per year. Plus, you can utilize the money from the lending circle to start a trust fund. As a result, by the time the child turns 18 years old, he or she will at least have some extra money in the bank.

Life Insurance

Make sure you are covered with a life insurance policy. Just in case. Nevertheless, if you go in for a whole life policy which is more expensive,you will be able to borrow against it after a certain period of time.

                      Case study

Richard had subscribed to whole life. policy. So, after paying approximately $200 per month during 10 years he has accumulated a considerable. Now, he can withdraw a portion in cash or borrow against. However, he’ll be borrowing money from the issuer and using your policy as collateral.

High-yield money account

                          Case study

Paul takes home every week $300 after all deduction. After a long struggle, he manages to cut down some of his favorite habits like smoking, buying  3 cups of coffee per day, and drinking.

Money save weekly $10. That is $50 per month. After doing some research in the banking sector. Then, he opened a savings account in a bank that offers the highest yield interest on a savings account. Solely, to take advantage of the account interest. Then every week he deposits $10 in the account that is $500 per year. Consequently, a 1.90% annual rate that is a decent interest. Of course, you can also add the money you’ve saved at your saving circle or any other income stream.

Passive Income

Generation passive income to build wealth on a $500 weekly pay is possible. Here are some valuable options.

                                     Case study

It turns out that you are very comfortable in front of a camera and a microphone.

So you decided to create an online channel where you share your thoughts about struggling with paying your bills. You pre-recorded with your cell phone camera and no editing 15 videos of 15 minutes each.

Then you publish everything on Youtube activate the revenue from ads display. Afterward, you left.  At every 1000 views, you make money.


  • Total investment: $0
  • Potential revenue: unlimited

Real Estate

Real estate is probably one of the easiest ways to build wealth on a $500 weekly pay. That is because, the industry is very dynamic. More,here are some valuable options.

                                     Case study

You don’t need a lot of money to start in real estate. Accordingly, chances such as crowdfunding platform and start with as little as $500. Also,you can use the fund collected from the lending circle.

How to Make Easy Passive Income

How To Invest & Make Money in Real Estate With Trusted People


As you can see they are many ways to build wealth irrespective of the strategy you choose. Just keep in mind it will require patient, focus and determination. Don’t neglect any source of income or any amount. $1 here, $2 there, will eventually add up to help you build a considerable wealth in a short period of time. Build wealth on a $500 weekly pay is not easy but totally doable especially nowadays.

How to Make Money with your Blog in 2019 | Why I stopped Ads?

Make money blogging

How to make money blogging? That is the beginner concern. Let’s face it, you heard about amazing stories of people making a ton of money with their blog. Indeed successful bloggers take home a good paycheck every month. It is a good passive income. Typically you will be advised to start with running advertisements then follow by the other income streams. In this article I will explain why starting with ads is the wrong strategy to start monetizing your blog.

How to start a blog

  1. Choose your domain name.

Frankly speaking, the domain name doesn’t even matter. So don’t spend hours reflecting, brainstorming on a name. When it comes to naming, the way you build your brand is more important. Host: Great blogging platforms such as WordPress are seamless. But you can find great hosting options. Blue host is definitely the most popular.

     2. Blogging platform.

It is essential to choose the right blogging platform. They are multiple platforms in the market place. Choose the right one will help you set things right. More it will provide you with a seamless experience. WordPress is undeniable the best blogging platform. Million of people use the platform for blogging and website.

  3. Design your blog with a theme.

Good, feel, simple and look help your blog stand out. You want it to look a specific way. You want it to feel exactly how you picture it without necessary writing a line of code. We recommend investing money and time to get the right theme. Then you will own it for life and benefit from good after-sales support. At edulers, we use  Hive from Pixelgrade. Head here to browse their amazing assortment of themes. There is something for anyone.

Once you’ve selected your theme, continue turning it. Till you get the look you are looking for. Set up google analytics to monitor your evolution.

 4. Select the best plugins for your blog.

Google Analytics for WordPress and Yoast SEO for start. If you really want to play around with some cool plugins, you can find them at wb beginners.

5. Content.

I will recommend before starting with your blog setting. Once you’ve identified the domain name. Prepare on the side some few contents. Compelling contents you want to talk about. Then start publishing immediately.

6. Promotion

Promote on social media, ask your family and friends to share your contents.

How to make money blogging | How run I stop running ads?

When I started blogging, I quickly ran into a roadblock. Despite my efforts, I made only $6 in total after 8 months in ads revenue. Granted, my traffic was not great. Probably this can be a possible explanation. But I was frustrated and angry. I followed all the instructions and the step by step manual on how to create a blog. Later, a step by step guide on how to create contents. Finally, in the manual how to make money blogging, the first step is to run ads. Usually, I was told the first 6 months you can expect at least $100.

Faced with the fact that it would take me forever to make a decent amount of money with my blog. At least enough money to pay for my blog expenses. I decided to embark into an exploration phase.

  • Exploration phase

I started looking around the web to see how many blogs actually run ads. First observation almost all the authority blogs I visited have a store or sell some sort of product. Whether it is by affiliate marketing or owned branded products. Some don’t even run ads and those who run ads have a premium version.

  • Analysis phase

After those observations, my next question was simple. More of an arithmetic appreciation.

    • What is the average conversion rate on a typical blog? 2% to 5% according to WordStream in this article.
    • So if you have 20 visitors per month chances are 2% could buy a product from you. That is 1 person.
    • I look at the revenue generated in 6 months and the number of total visitors approximately 3100 visitors. That is 62 customers that I didn’t capture. An average of 6 per month.
  • The awakening

Then I asked myself if I was selling any product online. I could have sold already 62 at 20% margin. In any circumstances that could be higher than my meager $6.

  • Redirection

I decided to add a product to my blog and stop running ads. Moreover, running ads ruin sometimes the reader’s experience.

Conclusion: How to make money blogging

I spent so many months working on building and developing great contents and improving my blog. While I could have spread my effort on building contents, focusing on selling a product or service as well. Those are lessons learned.

Definitely, nowadays a blog that builds its monetization strategy around advertisements will simply find it extremely challenging to make it happen.

The way forward: How to make money blogging

If you are thinking of starting a blog, or you have a blog but don’t make any money. Consider selling a product or joining an affiliate program or any other income stream away from ads on your blog.

Do that from day one.

You need to make money to keep your blog running and keep you going. Waiting will not help you. Moreover, when you have a product online, it motivates you to drive more visitors to your site. Consequently, as you start thinking about creating a blog also put in efforts and time to come up with a monetization strategy. The sooner the better. The only exception here is a news blog. Even then it is important to have a monetization strategy away from ads revenue.

Recommended source of income from the first day of blogging:

  • Affiliate marketing
  • Online course
  • Sponsored advertisement
  • Sell a digital product
  • Speaking
  • Coaching
  • Books
  • Patreon
  • Request for donations with PayPal

In the nutshell be creative about your source of income and start planing that as you build your blog. Running ads on your blog should not be the first income stream that comes into mind.

5 extra tips to improve your income

  1. Use as many income streams you can reasonably manage. Diversification is key.
  2. Excellent content is the key to long-term success. There’s no way around it.
  3. Each blogger has a different combination of income streams. There is no “right” way and that’s the beauty of it. There are endless possibilities. Find a combination that works for you.
  4. Don’t be a clone of another blogger. Find a unique angle.
  5. Successful bloggers don’t start a blog just to make money. Instead, they blog about a topic they truly enjoy and can write about for years. They let the money grow out of that topic organically

How to deposit a check

Deposit a check used to be very challenging. Certainly, you had to go to the local office branch of your bank to carry out the transaction with all the challenges associated. Still, that option is fully available. But technology and digital evolution have provided faster, secured avenues to deposit a check in your checking, savings account.

Takeaways: How to deposit a check

How to deposit a check  at a bank

1.Visiting a bank

If you are an old fashion like many, you will need to go to the bank. First check on the bank website to find the closest branch, and the opening hours. Then figure out your commute time to the branch.

2. The validity of the check

Double-check and verify the check if all the following items are correct:

  • Name and address of the check’s issuer,
  • Date of issue,
  • Your name,
  • Amount of money and the amount written in words should be identical.
  • The front of the check is signed.

3. Go to the bank

Take your check and head to the bank, be sure to have your account number details and a valid form of government-issued identification.

4. Fill out a deposit slip

You can speed up the process by filling up the deposit slip ahead of the process. Typically if you regularly do check transactions at your local bank. You should get some slips on your table.  On the slip write your account number of the account you will like the check to be deposited and others details as requested. Secondly, fill in the amount of the check.  Normally you will also find a space requesting for cash.

5. Endorse your check

You endorse the check by signing on the gray lines on the back of the check. However, if two names are on the check, both have to endorse. Nevertheless when it says “AND” then both. But if it says “OR” then either of you.

6. Deposit

Give the check to the bank teller. After deposit the bank teller can inform you of your current balance, you can also request for cash. Nonetheless, never leave without proof of deposit.

7. Deposit by someone else

Another person can deposit your check in your account at your bank. But just make sure the check is endorsed, signed by you and the person has all your correct bank account details.

At a Credit Union

It pretty much a similar process except some minor differences. But credit union members can deposit checks at other credit unions. Locate any closest credit union branches here

1.Visiting the closest Credit Union

If you are an old fashion like many, you will need to go to the Credit Union. First check on the website to find the closest branch, and the opening hours. Then figure out your commute time to the branch.

2. Fill out a deposit slip

You can speed up the process by filling up the deposit slip ahead of the process.  On the slip write your account number of the account you will like the check to be deposited and others details as requested. Secondly, fill in the amount of the check.  Normally you will also find a space requesting for cash. However, if you are visiting another Credit Union you should request a “Special Slip”. Finally, provide the teller with all the detail related to your main Credit Union branch.

3. Deposit the check

Never forget to always ask for a proof of deposit and receipt that shows your current balance.

Deposit at an ATM

1. Go to one of your bank ATMs

ATMs stand for ( Automated Teller Machines). it is important to visit one of your own bank’s ATM. Any transaction at another ATM will result in a transaction fee. In addition, ATM will accept check deposit only from bank member. This also includes Credit Union.

2. Log in

Use your debit card and enter your personal identification number (PIN). If you don’t have or if you have forgotten your pin you will need to speak to a teller inside.

3. Choose  which account to deposit into

Select deposit and the account you want the check deposited into. Then select check.

4.  Insert the check

Confirm the check is correct and error-free then endorse it. Follow the direction and insert the check-in the slot. The ATM will ask you to confirm the following pieces of information: Amount, account number, and other information.

5. Complete the information

You will see your current balance and the possibility to print your receipt. Furthermore, you also do additional transactions.

How to deposit a check using a mobile APP

1. Download the Bank or the Credit Union mobile app

Once you’ve downloaded the app, check the check deposit feature.

2. Endorse your check

Make sure you complete all the requirements of your Bank or Credit Union. That is because some institutions have additional rule other than just signing and writing your name.

3. Take a picture of your check

Open the app check deposit feature. Conventionally, you will see “Front of the check” and “back of the Check”. Consequently, use these options to take a front and back of your endorsed check.

4. Deposit your check

Confirm all the information are correct on the screen. If there is an issue with the information on the check the app will reject it. Then Confirm all the information such as the amount on the check and the bank account. Then click submit. You should receive a notification to confirm that your check has been deposited.

5. Void the check

Keep the check for the number of the period indicated on the bank rules and regulations should anything happened.

Online deposit

1.check if your bank offers this service

However, you might need to pass a credit score before your bank will let you enroll.

2. Endorse your check

3. Choose the appropriate account to deposit your check-in

4. Scan your check on both side front and back.

The bank’s software will automatically guide you through the process. Make sure you scan the front of the check and the back of the check.

5. The amount

Some financial institutions system will require you to type in the amount on the check. Regardless make sure the amount matches the face value of the check.

6. Submit

Check with your financial institution to find out how long it takes to debit your account.

Mailing a check

1. Find a mailing address

Reach out to your bank or credit union and ask. Since most financial institutions have a dedicated department. So it is important to make sure you are sending it to the proper address.

2. Endorse your check

3. Mail the endorsed check

Do not forget the deposit slip, if necessary also include a photocopy of your picture ID.


How to fill out a bank slip?

  • Personal information: Name, account number.
  • Additional information: Today’s date, branch information required. If you are a credit union member using different branch you will need to write in the name of your credit union.
  • Cash amount of your deposit: This is the total amount of bills and coins you’ve brought for deposit in your account. Leave it blank if you have not cash.
  • Individualized each check: Include check numbers and amounts of each check if you have many checks.
  • Subtotal:  This is the total amount of checks and cash you’ve to deposit.
  • Enter the amount you will like to take out
  • Calculate the total deposit: Total deposit minus the amount you will like to take out now.
  • Sign the deposit slip.


  • ATM card: It is a pin-based card. You can use it at the local ATMs and you might be able to use it to make purchases.
  • PIN: Personal Identification Number
  • Debit card: It is an ATM card with a visa logo or a Mastercard logo on it.
  • Credit Union: A credit union is a member-owned financial cooperative, controlled by its members and operated on the principle of people helping people, providing its members credit at competitive rates as well as other financial services.


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How to Write a Check

A check is a legal written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer. In addition, it is an indispensable skill every adult should master. Because it is still surprisingly very common even in today’s ultra digitalized world.

Writing a check is pretty easy, this article will show you exactly how to do it. Just follow the step by step guide. There is no specific order you can complete it in any order you like.

How to Write a Check: Step by step

  • Step 1: Write the date

On the upper right-hand corner, there is a dedicated blank space. Typically, you use today’s date to keep accurate records. However, always remember the date here should be the date that you sign the check.

  • Step 2: The name of the recipient or the payee

“Pay to the order of” write the name of the person or the company you are sending the check to next to that line. Also, do avoid any mistake, if you are not sure about the person’s full name ( first name, middle name, last name, ‘Jr’ or “sir”), please double check again before writing. If it goes to an organization write out its full name, not acronyms unless given permission.

  • Step 3: Numerical amount of the check to the right of the dollar sign

write the exact amount using dollars and cents in the small box on the right-hand side. Consistently, start with the last number on the left to prevent fraud. Finally, draw a line after the last digit.

  • Step 4: Amount in words below the “Pay to the Order of” line

The exact amount should have an equivalent in words to avoid fraud and confusion. This is the amount that would be paid. Yet in case of doubt with the numerical amount, the amount in words is legally abiding.

  • Step 5: Signature

Sign the check in the bottom-right corner. Use the same and the signature on file at your bank. The check will invalid if it is not signed.

  • Step 6: Memo section on the bottom left of the check.

Although this section is optional. It could be useful to write a note for yourself to remember what the check is for. In addition, some organization or landlords require additional information on the memo section.  For instance rent appartment#1 or ID number. Because it helps keep track and accountability.

11 Things to keep in mind

  1. Write a check when you absolutely need it. That is because it is time-consuming and it is not the most convenient way to move money. Furthermore, you can save money and time by not using a checkbook.
  2. Make sure you have sufficient fund in your account before writing a check or the amount will be available before the recipient cashes it to avoid a bounced check.
  3. Keep a record of all your checks: it would help you track your expenses and avoid bounced checks.
  4. Use a pen when writing a check to make it permanent and avoid any issues.
  5. No blank check: Don’t sign a check until you’ve filled in all the necessary information including the recipient and the amount. a blank check is basically given unlimited access to your account.
  6. Print the amount in a way that prevents scammers from adding to it or altering it.
  7. Get checkbook with carbon paper so you can automatically keep a record of every check you write.
  8. Always use the same signature for all your check and it has to be the same signature filed at your bank.
  9. Avoid writing a check payable to cash. It practically the same as a blank check.
  10. Write fewer checks. Use this method of moving money when it is absolutely necessary.
  11. When writing your check make sure nobody is recording. The goal is to avoid people imitating or forging your signature and your handwriting.

How to cancel a check

When you realized that a check was stolen or lost, there are some few steps you can take to ensure the check doesn’t get cashed by an unauthorized person.

  • a. Call the bank to ask them to stop the payment immediately as soon as possible before the check is processed.
  • b. Prepare the following information check number, amount, name of the beneficiary
  • c. Make sure you send in within typically 14 days official paperwork either by mail or in-person to follow up with the verbal or electronic request. If no written confirmation is made within the legal time frame the stop payment will not be honored.
  • d. Be prepared to pay cancellation fees normally around $30
  • e. Close the account that has been comprised and reopen a new one to avoid unauthorized access to your account.

What to do if a stolen check has been cleared?

  • If a stolen check goes through, you can still be able to eliminate charges by contacting your bank in a timely manner.
  • Contact the recipient to inform the person or the organization about the incident and the necessary measures. Eventually, make arrangement to send a new check.
  • The cancellation also applies to a cashier check as well in case of fraud.


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How to Make Easy Passive Income

Passive income is everyone’s dream. The ability to make money while sleeping or enjoying yourself at a beach on a sunny day. Frankly who won’t like that. Many people have weight in and abundantly written about the topic. Read about Gary Vaynerchuck takes on it. In this article, I want to share with you what I consider as the best passive income idea, I have ever come across.

You will read, watch or listen to content about this idea or that idea. Typically it is all about asset businesses like a blog or real estate. But have you ever heard about investing in people?

So how can you invest for a lifelong passive income stream?

A. People

1. Build a community: You can do that online by leveraging a blog or a website to sell digital content and keep them engaged. Or you can develop your legit network marketing scheme. The good thing with network marketing is you can basically develop it for any type of business. The more you have people enrolling in your scheme the more money you make and it would grow by itself.

I will recommend building a network marketing empire around foods and cosmetic products or at least gravitate around Fast-moving products.

With a blog or a website, you have to develop content upfront for a couple of months perhaps years, optimize your SEO then publish and wait for the magic to happen. But make sure you publish quality contents. You can start with a couple of articles around 30 then continuously optimize.

I will recommend selling digital products such as e-books, audios, videos, music, articles, and books.

2. Develop a personal student loan program: You invest in a person or a group a person by paying their college degree or trade school program in exchange every paycheck you will get 1%. Furthermore, it is a model that has been around for a very long time. There is an unlimited market to tap into. You should always keep it between 0.5% to 1%.

I will recommend being extremely transparent upfront. Get an agreement signed. After all, a company can go bankrupt and disappear but an individual might be around for a while. You can work with students from underprivileged countries. Because the cost of entry is lower and they have very limited options. For example, $400 per year can cover a student cost for a year.

3. Agent: In my opinion, a good agent works 2 to 4 months per year. His main goal is to secure a multi-year deal for the person he represents. Think about those who invested in The Spice Girls band in the UK or the agent of the world most valuable sports players or entertainers.

I will recommend industries such as music, films or sport. But first, you have to make sure the person really has a talent. Also, transparency and honesty are critical.

B. Finance

1. Invest in the stock market: You can find a broker and give the person the money and let him do the workHowever, be aware of scams and pyramid schemes. So make your due diligence if possible hire a professional to run all the investigation.

Dividend stocks are great because while these stocks pay dividends they can also appreciate (or depreciate) in value. This means that you’ll still get to take advantage of compound interest of the value of the stock. Plus you can reinvest your dividends until you reach your desired amount

2. Equity Investor: as an investor, all you will do is just showing up at a board meeting once every quarter then go back to the beach. You don’t need to earn million to make your way through the investment career. Even a little as $1000 per year investment will go a long way if put towards a high-value startup or project.

I will recommend you to focus on already existing small businesses or startups with clear cash flows generation and a monthly payout.

3. Currency trade: This is a more complicated strategy but the more valuable foreign exchange you have, the ability to make good money. Imagine you have some euros at then USD drops against the Euro by 20%, you will be 20% richer in Dollars. Just as simple as that. Moreover keeping a certain level of foreign currencies is a good idea to have.

I will recommend you to always have at least 1000 worth of European Euro, Norwegian Krone, Australian Dollar and British Sterling Pound currency stored somewhere. Because they are one of the most stable currencies in the world.

4. Gold: it is the world most valuable metal and a safe haven. Have you ever asked yourself why central banks around the world use this as their respective currency reserve? If they do, why don’t you?

I will recommend having at least $2000 worth of gold in your safe.

C. Property

Investing in real estate is definitely one of the best ways to build passive income. that is because all you have to do is to buy in a property and then either rent/lease it out or wait for it to take value and leverage home equity’

But before you do please ask yourself those questions:

  • Do you want to buy the property for family purposes or for rental?
  • Do you want to use for both?
  • Are you looking to develop a new project or buy from existing markets?

Answers to those questions will help you determine, a location and a tentative budget. Moreover, if you choose rental/lease it is advisable to use a property management company to protect yourself against tenant abuses.

You must be asking yourself where is the money going to come from?

That is because from time to time we have heard from our grandparents and parents in order to make money in real estate you need to come up with the money and buy a property. If that statement was right a couple of years ago since 2012 and the JOB ACT is no more relevant. Indeed, in 2012 Congress passed the JOB ACT which allowed companies to market private investments to the public for the first time. Consequently, real estate crowdfunding was born.

What is real estate Crowdfunding?

Real estate crowdfunding companies do is allow investors like you and me to pool our funds and buy multi-million dollar commercial properties or $300k single-family homes – whatever we agree on. The returns on these investments are distributed according to how much each investor contributed.

There is no shortage of real estate crowdfunding platforms, so I recommend doing thorough due diligence.  If it is possible I recommend you seek counseling from a professional realtor.

Nevertheless here is a list of the most popular ones:

  • Fundrise
  • Roofstock
  • EquityMultiple

Here is how you can make a decent passive income from your property:

  1. Rental

Renting is super chill and at the same time, it requires a lot more effort from the owner. You can maximize your income by renting directly. But be prepared to deal with homeowner challenges. For example late-night call from tenants to complain about x, y, and z. In addition to finding a reliable tenant. But making a good return on investment on rental can be extremely challenging. That is why people typically leverage the extra income available to put into property rental. It is a means to store extra money.

2. Flipping

This is probably where the money is if done right. You find a property in a relatively good neighborhood, buy the house at a good price renovate it then sell it at the market price. The challenge here is to find the house you can buy at a good price.

3. Home equity

This probably one of the best way to make money from real estate. Basically, you buy a property and once it takes value. You can live from the extra money collected above the price you bought the house without selling the property. The downside is you need the housing market to constantly appreciate itself and you will need to know the perfect time to sell.

I will recommend looking into the co-property investment strategy to limit your financial exposure and get good deals in prime locations. However, make sure you do your due diligence. In addition, explore up and coming locations rather than investing in an already mature or trending market. Finally, find a mentor a real estate veteran to coach you and guide you throughout the process.

In conclusion

Passive income is awesome. You can choose one of those or a combination of all to achieve your financial freedom. Whatever strategy you choose, keep in mind you will need to put in some work upfront to enjoy a good income stream. Typically at least 1 year of hard work. So you will either sacrifice your time or money

Passive Income: stop buying into the idea By Gary Vaynerchuk

What is passive income?

Stop buying into the idea of passive income, Gary Vaynerchuk, one of the most prolific entrepreneurs and a well renowned public speaker came out with this amazing video to take part in the conversation of making money. In addition, this video published on Facebook, he uncovered the myth around the topic. Furthermore, he explains what it takes to make the money you need to get your financial freedom.

            “Anything that starts with I don’t want to work is already a problem”                                                                        Gary Vaynerchuk

Takeaways: Income stream

If you want to have financial freedom, you need to put in some hours and build the business. Nevertheless, he emphasizes from his opinion the only 02 alternative income options are real estate and the stock market. Moreover, from Gary’s views, those are the only two streams that he can recommend. Anything else will need time, consistent effort and commitment. An average of 7 years is necessary to build a good income stream.


In essence, Gary is not negating the idea of generating any incomes without putting in the same 9 to 5 schedule. He is pointing out the hard fact that nothing comes easily. Basically, Gary Vaynerchuk tells the audience there is no such thing as

How To Pay Off Student Loan : Useful tips

To pay off all your student loan, it will require some distinctive efforts and focus. Indeed student loans in the US are one of the most important debts crisis of the century. Some key statistics:

  • One in five adult Americans has a student loan.
  • The total amount of student loan debt is $1.47 trillion in 2018.
  • 44 million student loan borrowers in this country
  • 65% of college seniors who graduated from nonprofit colleges in 2017 had student loan debt.
  • Overall Student loan debt has seen almost 157% growth since the Great Recession and is the fastest-growing portion of the total household debt in the U.S.

As of 2018, roughly 1 out of 10 people with student loans were late with (or completely missed) their payments. That’s the highest 90+-day delinquency rate of all household debt—outranking auto loans, credit card debt and mortgages. So how can you pay off your student loan? This article will cover some helpful tips.

Takeaways: How To Pay Off Students Loans

To pay off your student loan, you have a couple of options. You can earn more money, save more money, leverage your environment, leverage your negotiations skills or credit card short term strategy.

A. Earn more money

Typically you can’t pay off your loan because you don’t earn enough money to keep you running. Every hundred dollars taken away from your paycheck puts you under hard stress to meet up with your bills. So a great solution will be to earn more money. Many options are available but you can either change job, request for a promotion or find a side hustle. Gaining extra income comes with more sacrifices. Either it will take away your free time, or you will need to invest money. Likely it is going to be a combination of both. However if well manage it could be very profitable, you could make a couple of thousands of dollars per month.

B. Save more money

Another very interesting approach of getting the financial space you desperately need to pay your students loan is to reduce your living expenses and to live within your means. Cut off all unnecessary expenses, trim your bills to save money. Another simple way is to adopt a minimalist lifestyle. You will have to let go of some of the threads and perhaps your gadgets. It is not easy but you have to keep in mind the main objective of paying off your students. It will certainly push you towards some hard time, maybe your loved ones will hate you, and probably you will be anti-social. Eventually, you will no more be as cool as you are now. But who cares the most important is your financial health. So stay focus and resist all the discounts, sales, promotions and the sweet talks encouraging you to be trending.

C. Leverage your community

The community approach in paying off your student loan is a collective approach that relies on tools such as saving circles, or lending circles (you can get a loan for zero interest rate). The community implication is also extremely critical as your relationships, connections, friendships can really support you towards achieving your goals. You could even team up with another person for motivation. Get a roommate or live with your parent so you can share bills and put it towards paying off your student loan. Of course, you will sacrifice your freedom and independence but you will gain in the long run. Nothing worth than having some extra dollars in your account.

D. Career

Check out for job opportunities that include or negotiate a sign-in-bonus, performance bonus and eventually a commission if you are in an industry that promotes that. You can take full advantage of money-making opportunities available at your company such as hiring referrals, or mission nobody wants to do. Plus you can also sell your side hustle to people around you in your company. Finally do not hesitate to change job, field or career if you realize the company or the industry will not take you where you want to go.

C. Credit card strategy short term

This is a very risky strategy but if well managed can be worth the shot. You can max out your credit card to pay part of your loan, then pay your credit card monthly payment. Because of its minimal, you won’t have that much pressure financially. That will give you space to breathe and strategize for the long term. It is a short term strategy that works pretty well if you put in the discipline required.

D. Credit Card Rewards

Every time you use it you are accumulating points. You can turn out and maximize those options by asking your roommate/family every month to do purchases and accumulate rewards with a single card. The credit reward is then redeemed and utilize the money to pay off student loan monthly payment. You organize it as a circle with each member of the community waiting for their turn every month.

Nonetheless, you need to read the fine print to understand the terms and conditions of your cash rewards program.

E. General

Here are some simple tips that you can apply to pay off your student loan.

  • Drive a cheap car if you absolutely need a car. If you don’t stick to public transportation and ride-sharing when it is necessary.
  • Buy use phone or cheap phone for less than $450
  • Avoid friends who are always thinking about spending money or refusing to grow up
  • Get a partner or get married to a person that is willing to support you through the process.
  • Cut off all unnecessary subscription plans
  • Stop taking vacations or travelings

In addition to the above, there another legal way you can take advantage of to avoid paying your student loan.

Extra: 4 Legal ways to stop paying your student loan

1. Income-driven repayment

Typically you will start paying your student loan only when you reach a pre-defined income threshold.

2. Join public serve

After a certain number of years of working in the public service, you can be eligible for a federal forgiveness program.

3. Serve your country and take advantage of forgiveness program for people who have served the military.

Joining the military has numerous advantages. One of those advantages is free tuition and the opportunity to get part of your complete loan taking care off.

4. File for bankruptcy

This is the ultimate decision, depending on how you will take things forward. If it comes to the point where you can’t afford to pay your student loan anymore then you can file for bankruptcy.

How long does it take to pay off your student loan?

There isn’t any miracle solution. Maybe if you win the lottery, receive an inheritance, donation, or apply for debt forgiveness. Perhaps you can find legal ways to stop paying your student loans. But, in essence, the time will depend on your ability to be focused and committed to getting out of debt. Some people get out debt two years after graduation, others 10 years. Some never. It all depends on you.

Conclusion: How To Pay Off Student Loan

Student loans are a pain in our finances. The negative impact on us goes beyond our imaginations. It affects our ability to buy a house, get married, or to leave in a certain comfort with our family. That is why the more you get out quit the better you will be. More importantly, money management skills are critical don’t hesitate to learn and ask questions on how to get out of debt.

How To Make your Electric Bill Lower

Energy can represent a very large chunk of your monthly paycheck. If you factor air conditioning, furnace, heater, and hot water heater. So how can you lower your electric bill? According to the Energy Department, an average American family spends a total of $2200 per year on utilities. Improving your energy utilization can help you reduce your bill by at least 20%. That extra money you can save.

Takeaways: Make your Electric Bill Lower

Electricity bill takes a big portion of a household paycheck every month. The complete breakdown by State could be found in this report, published by the Energy Information Agency in 2017. It goes from $87 to more than $100 per month. Obviously, your personal or family usage play a bigger role in the process. But these are the strategies that you can implement to lower your bills.

How To Make your Electric Bill Lower

  • Install ceiling fans in all rooms: It will help keep the house cool in the summer and warm in the winter. They use less energy than the furnace or an A/C unit.
  • Keep your home sealed tight: this option will protect you during winter by limiting cold weather access in the house. Inspect your attic and your roof for ice dams, check for gaps pipes that go through walls, seal and insulate outlets and switches and check the basement for cracks. In addition, weather stripping around doors will allow air in and out.
  • Turn off electronics: Electronics guzzle power even when they’re off. Plug them into a power strip, then turn off the strip.
  • Motion sensor: They turn off lights automatically so you don’t waste electricity. They also add as timers.
  • Insulation conserves energy: Insulation reduces the exchange of heat through a surface. In a well-insulated home, less warm air escapes from the house during the winter, and less cool air escapes during the summer.
  • Limit electronic devices in your house: You don’t need to have many electronic devices in your house. Fewer devices mean less electricity consumption. Furthermore, you can set time and days for specific devices access.
  • Add solar panels to your home. Going off the grid with solar panels will help reduce your energy bill while installing solar panels can be expensive, the benefits may outweigh the initial cost. Moreover, the extra energy generated from your solar panels can be reinjected in the grid.
  • Wash your clothes at the laundromat once a month: Image when you are using your washing machine all the energy you use.

Other Methods to Make your Electric Bill Lower

  • Air dry your clothes: This might be hard to do on the coldest months, but once it summer, spring, fall or sunny winter you can definitely take advantage to dry your clothes.
  • Daylight: Take advantage of daylight to turn off lights in your house. Take out the curtains.
  • Natural air: Open your windows especially during summer/spring/fall and some period during winter when the weather is not too cold to ventilate your house.
  • Plant trees: Plant trees near your home, you’ll create shade, which will eventually cool off your home as the trees grow. The Arbor Day Foundation estimates that homeowners can save up to 20 percent a year on their energy bill by planting trees around their home.
  • Dress comfortably: Always put on warm clothes during winter or cold weather, cover yourself with blankets, have blankets also in your living room and turn on the heather when it is absolutely necessary.
  • Shower with hot water: Once per day, and no hot water during weekends. In fact, there are numerous benefits associated with taking a cold bath.
  • Don’t buy or rent big houses: Bigger house equals a bigger electric bill. Try to get a house that meets your needs and optimize all the space you have.
  • Always do rounds before going to bed to double check all the house corners to make sure no lights, no unnecessary electronic devices were forgotten on.

Out of the box strategies

  • Shared electric bill: if you live in the same house with adults you can request for each to pay a contribution towards the electric bill. They could be your adult child, cousins, brothers, etc…
  • Limit the number of people in your house: More people more pressure on the resources in your house. The same goes for electricity, if you limit the intake of people in your house, you will be able to control your energy bill.
  • Limit house events: such as parties, community meetings and other events that could drag in large crowd till dawn. You will be surprised by how much energy bill goes up when you host an event. Now imagine you host multiple per year.
  • Take advantage of your chimenea: this is a great way to heat your house especially during winter.
  • Electric heater: Because the normal heater is a more expensive option leveraging electric heater in some specific area of the house will lower your electric bill.

In conclusion

Saving money on your electric bill is not very easy and it requires the necessary mindset shift. Some of those strategies are pretty simple and easy to implement other require few efforts or help from an expert. But if you put in the time and the effort you will be able to same good money.

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