How to Make Passive Income a Reality

How to Make Passive Income a Reality

Author: ListenMoneyMatters.com | Andrew Fiebert and Matt Giovanisci October 29, 2018 Duration: 52:43
There is a lot of chatter in the personal finance world about passive income, why you need it and how great it is. But what is it and why is it such a topic of conversation? Passive income is money that you earn without doing much to make it. Some passive income ideas take a degree of upfront work to earn, like writing an e-book and some don't take any effort at all, such as investing with a robo advisor. Today we talk about what exactly passive income is and understanding the non-passive nature of building it. Full Article Here Show Notes: Seated:  You nee to use Seated to book restaurant reservations. Every time you complete a reservation, you get a gift code for up to 25% of your bill that you can use at Amazon, Uber, or Starbucks. The rewards are available within 24 hours of your completed reservation. Laura and I almost exclusively eat out with Seated because it saves us so much. Paribus: Receiving refund checks are our favorite past-time. As it turns out, stores owe you money but they don’t pay if you don’t ask. That’s where Paribus comes in – they go to bat for you. Price drop? Get cash back for the difference. Deliveries arrive later than advertised? Get cash back. Fundrise: Did you know that investors with 20% allocated to real estate outperform those who only invest in stocks and bonds? Diversify without the dramatics of actual tenants. The minimum investment is $500. Lending Club: The banks had a monopoly on personal loans until Lending Club came along. Now you can get a loan sourced from normal people. Reduce the cost of your debt and refinance. Lending Club has competitive rates and borrower benefits. Drop: Earn cash rewards from your favorite brands. Drop is the free app that's giving out millions in cash rewards for the spending you do everyday. BizBuySell: BizBuySell is the Internet's largest and most heavily trafficked business for sale marketplace, with more business for sale listings, more unique users, and more search activity than any other service. BizBuySell also has one of the largest databases of sale comparables for recently sold businesses and one of the industry's leading franchise directories.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever feel like personal finance advice comes from another planet, spoken in a language you don't understand? Listen Money Matters is the antidote. Hosts Andrew Fiebert and Matt Giovanisci ditch the jargon and the judgment, offering real talk about money that's actually useful. Their conversations are grounded, often funny, and built on the idea that managing your finances shouldn't feel like a lecture from the wealthy elite. You'll hear practical strategies for budgeting, investing, getting out of debt, and building a life where money works for you, not the other way around. This podcast cuts through the noise with actionable steps, whether you're looking to optimize an already solid portfolio or are just figuring out where your paycheck goes each month. The tone is refreshingly direct and relatable, making even complex topics feel approachable. It's the kind of discussion you'd have with a savvy friend who's done the research and isn't afraid to be blunt about what works. Tune in for a no-BS take on financial freedom that empowers you to make smarter decisions with confidence.
Author: Language: English Episodes: 100

Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.
Podcast Episodes
A Simple Strategy for Rental Properties [not-audio_url] [/not-audio_url]

Duration: 46:12
Today we’re talking about our simple strategy for owning and managing rental properties. We have a course called Rental Properties for Passive Investors and we got some feedback that we think it’s important to address. S…
That Will Never Work with Netflix Co-Founder Marc Randolph [not-audio_url] [/not-audio_url]

Duration: 48:08
Today we have a guest on the show - the Co-Founder and first CEO of Netflix. Marc Randolph to talk about his new book That Will Never work. The real-life, totally improbable story of Netflix’s early days, told in Marc Ra…
The Great Index Fund Takeover [not-audio_url] [/not-audio_url]

Duration: 41:38
Is there’s an index fund bubble? Today we’re talking about how index funds are taking over and how the state of index funds should affect how you invest. Learn more about your ad choices. Visit megaphone.fm/adchoices
Golden Butterfly Update - Will It Weather The Storm [not-audio_url] [/not-audio_url]

Duration: 43:12
Today we’re taking a look at how the Golden Butterfly has performed in the recent market correction compared to other investment strategies. We will be looking at The Golden Butterfly, The All Weather Portfolio; and Vang…
5 Questions: Foreclosures, Bootcamps and Timing The Market [not-audio_url] [/not-audio_url]

Duration: 47:08
Today is 5 questions episode and we will be talking about foreclosures as a real estate investment, coding bootcamps, timing the market, Fundrise IPO and managing financial goals in your relationship. Learn more about yo…
How to Buy Income-Producing Websites [not-audio_url] [/not-audio_url]

Duration: 54:41
It is no secret that Andrew and I each own multiple online businesses that earn us passive income. Before we started we had no idea what we were doing. It’s not easy to start a website from scratch and if you’re not alre…
The Modern Payday Loan [not-audio_url] [/not-audio_url]

Duration: 49:07
Today we are talking about payday loans or what some new fin-tech companies are now calling “early wage access”. These companies seem to be disguising predatory lending with shiny new apps geared towards millennials maki…
The Rule of 55, Explained [not-audio_url] [/not-audio_url]

Duration: 31:40
Today is we are talking about the Rule of 55. We’ve gotten quite a few listeners who have asked us to cover this so today we wanted to explain exactly what it is and how it works. The Rule of 55 isn’t the only way to acc…
To Franchise Or Not To Franchise [not-audio_url] [/not-audio_url]

Duration: 38:49
Today we are answering a question from a listener, Andres about buying into a franchise and how they look as business opportunity. We get into actual franchise profitability, compare two popular franchises and explain ho…