HackingFinance

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Active Income (Selling your labor)[edit]

  • Corporate full-time employment (aka wage labor - W2)
  • Contract work (1099)

Passive Income (Requires initial labor)[edit]

  • Creating software that sells (Flippa.com)
  • Mobile apps (sold via AppStore or Google Play)
  • Creating screencasts?
  • Patents/inventions, then licensing.
  • Recruiting referrals.
  • Renting an extra room out on AirBnB

Tax[edit]

Get incorporated. Tax Ninja.

Reduced cost of living[edit]

Thrift stores

Eating company food at work.

Rent[edit]

Roommate

Commercial space, business-expensed for tax, to reduce personal cost of rent.

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