There are three categories of passive income types that allow you to earn a continuous income for many years to come with minimal effort to maintain. Depending on your unique scenario, what you have to offer may vary. However most people likely have one of these three things, whether you are investing (1) your money, … Continue reading Three Types of Passive Income
Financial independence has a unique definition, depending on what stage you are at and what your goals are. What you choose to do with your financial freedom can change how much you need and how fast you can accomplish that goal. Do you want to quit your day job, start a small business, volunteer your … Continue reading The Stages of Financial Independence
Financial independence is the freedom to not work for the rest of your life. Think typical retirement, but potentially achieving this goal earlier in life. FIRE (financially independent, retire early), is an acronym that others have used to discuss this topic. I've recently read and been inspired by a number of books regarding Financial Independence … Continue reading What is Financial Independence?
Each of us has a unique set of skills and lessons we learn through our life, and my goal is to document my journey as I travel through life in hopes of helping others learn from my experiences. I have four core areas that I chose to focus on to be the best version of … Continue reading Welcome to Balanced Mamma