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
Increasing A Property's Value  With Home Improvements [not-audio_url] [/not-audio_url]

Duration: 48:35
For most people, their home is their most significant investment. As such, you not only want to protect your investment but increasing a property's value is important too. The right home improvements can do it. Doubling…
You Can Get Free Financial Help [not-audio_url] [/not-audio_url]

Duration: 38:09
The whole reason LMM started was to give as many people as we could reach free financial help. And in the past seven years, we’ve done that. We know because we get emails daily from people telling us that the show has he…
You Can't Time The Market - But Can You? [not-audio_url] [/not-audio_url]

Duration: 42:54
If you are interested in personal finance, you’ve probably heard the term timing the market. There is some debate about whether market timing is a good investment strategy or something impossible, or nearly impossible to…
How to Become A Profitable Person [not-audio_url] [/not-audio_url]

Duration: 35:25
If you run your own business, you go to great lengths to make sure that your business is a profitable one. Both Andrew and Matt run their own businesses. They regularly go over their accounting to see if the businesses a…
All Things Gold [not-audio_url] [/not-audio_url]

Duration: 44:37
Some people who are hesitant to invest in the stock market are willing to invest in gold. Why? Gold is tangible, you can see it, hold it, and keep it right in your own house (or bunker). You can buy it from some guy in a…
How Wills and Trusts Work, and Where to Start [not-audio_url] [/not-audio_url]

Duration: 51:18
We know that none of you likes to think about death, but it’s inevitable, and you have no idea when. For the majority of us, the most important thing in our life is the well being of our family. We work hard for them; we…
5 Questions: Bond ETF’s, Books and Liquidating Stocks [not-audio_url] [/not-audio_url]

Duration: 52:11
We love getting listener questions and we’ve had a lot recently so it’s time for 5 awesome questions from you. We’ll cover bond ETFs, the books we love, transitioning investments, long term investing, and retirement plan…
Investing In The Age Of Anxiety With The Broke Millennial [not-audio_url] [/not-audio_url]

Duration: 1:03:29
Fear and anxiety are two different things. Some of us fear investing because we don’t know how to invest and that’s understandable. Investing can be intimidating. It has a language all its own which seems foreign to begi…
Marie Kondo Your Finances So They Spark Joy Too [not-audio_url] [/not-audio_url]

Duration: 55:27
Marie Kondo and her brand of decluttering and organizing are everywhere right now so we thought we’d hop on the bandwagon. And it’s not really much of a stretch. Our finances can become as cluttered and chaotic as our ho…
The Infinite Banking Concept [not-audio_url] [/not-audio_url]

Duration: 46:49
If you’ve ever heard of using your whole life insurance policy (whole life as opposed to term life insurance) like a savings account to borrow against for personal use, then you’ve heard of the Infinite Banking Concept (…