Good morning! Today I have a post from Bryan, a personal finance blogger and freelance writer at Gajizmo.com. Bryan graduated from a top-ranked university with a finance degree and has worked in M&A and private equity for 3 years. Please contact me if you would like to guest post on RFI. In today’s economy, everyone… Read more
Viewing posts tagged with: extra income
Earn money while traveling? (part 2)
This post is continued from last week’s post No income while traveling? No problem! as a small series answering a reader’s question about how I manage my income while traveling the world. I spent the first year after graduating college traveling around the world, and backpacking on a tight budget. What I did after a year of… Read more
Snowflaking my way through September
September has been a strange month for me. I stopped traveling, after 5 months touring around Europe on a motorcycle with BF, and came back ”home”, to Paris. I call this place home because I have no other home at the moment, but I actually am staying with my mum for a few weeks, and… Read more
Step 4: Grow your income
We talked yesterday about how much you will need to reach financial independence. To me, that was $50,000 to buy a house, $30,000 for a 30 months emergency fund (or living fund while I look for a job if my plans fails!), and a source of passive income generating at least $1,000 per month for… Read more
Step 2: Start Small
Yesterday we saw that saving is the first step towards financial independence. You have to save money, quite a considerable amount of it, in order to be someday financially independent. And just like a diet, you need to start small. You can’t start by saying ”I will save $2,500 every month” if you make $3,000…. Read more
Renting your extra room: is it worth?
Is it worth it to rent your extra room? I grew up in a big family, and holidays were often spent in cramped houses, where all the kids would be sharing a huge dormitory, and we would seldom shower. Then I moved on to campus housing, shoebox apartments and having between two and seven roommates…. Read more
How I rented out my place on Airbnb
How I rented out my place on Airbnb I have lived in several flats for the past three years, one of them in Casablanca, Morocco, and the other one in Antigua Guatemala, a beautiful colonial town that is a UNESCO Heritage Site. Both those locations were desirable for tourists and when I looked up the possibility… Read more