Most people don't play the credit card game, meaning they may use cash or a debit card as their primary method of payment. Some of these people may have a credit card that they rarely use just for emergencies. In this post, I will be discussing the six types of credit card users. Type 1: Passive Users These credit card users don't know much about their own credit cards. They do not actively compare or shop for new credit cards…
Want to buy a commercial real estate investment property? Commercial real estate is quite different from residential real estate. The four major types of commercial real estate include Office, Retail, Industrial, and Multi-Family. If you want to know more about the types of commercial real state, leases, and more, then read my post Investing in a Commercial Property. This post will focus on the Industrial side. If you already started browsing for a property on LoopNet.com, the first thing you…
I don't normal stray from the topic of personal finance, but I do have an interest in all things driven by a motor. In fact, I have a Car Talk page where I talk about my car ownership experiences here. When I was 9 years old, my father bought a 1998 Kawasaki 900STX Jet Ski. The most exciting time of my childhood is when I earned my PWC (Personal Water Craft) drivers license at 11. You read that right! Pennsylvania…
Yotta is a popular lottery-based savings company whose angel investor's include personal finance YouTube star Graham Stephen. For every $25 you deposit, you are rewarded with a permanent lottery ticket that you can use each week for a chance to win $10 million, a Tesla, or lesser cash prizes. I wrote all about it in my blog post "Save for a chance to win up to $10 million each week". Since I published that blog post, much has changed making…
Many American's blame their income for their inability to save. If you have already tried to save money by spending less and budgeting, try these easy ways to make a little extra income. Work Part-Time. Sign up for one of over 100 different gig economy apps and work part-time, on your own time. Drive people around with Uber. Drive food around with DoorDash. Shop for and delivery groceries with InstaCart. Write papers on Fiver.Rent out a bedroom and get a…
If you are new to my blog, I have an entire category of blog posts on the topic of debt reduction strategies. My favorite strategy is velocity banking and I discuss how I am using velocity banking to pay off my mortgage in less than 7 years. The Debt Snowball Method is a very popular debt reduction strategy popularized by the finance guru himself, Dave Ramsey. Similar to how a snowball grows larger as it rolls down a hill, the…
In 2008 I was a freshman in college and I had just gotten my second credit card. It was a Chase Slate. It came with no benefits but had a pretty high credit limit for someone who was making $7.50 an hour at the time. Shortly after college, I upgraded to the Capital One Quicksilver Card earning me 1.5% cash back on all purchases. I had no reason to use my Chase Slate card anymore but I kept it just…
As an Industrial and Manufacturing Engineer, I have worked in factories for over 10 years and have toured several other factories including Volvo Powertrain, Hershey Chocolates, and Harley Davidson. For years I have heard the concerns of automation replacing jobs. You may replace a picker and sorter with a robot that can do the same thing. You may replace a buggy driver with an AGV, or Automated Guided Vehicle. Amazon may try to replace delivery drivers with delivery drones. The…
M1 Finance is a brokerage app that offers customizable portfolio pies, lines of credit, high interest checking accounts, and now Visa credit cards. Just recently, M1 Finance announced that their new credit card will offer 10% cash back. This is the first credit card to do so. American Express offers up to 6% cash back. Citi Bank, Chase, Fulton Bank, and Discover offer up to 5% on their cash back cards. Exclusively with M1 Plus, Stock Owners are eligible for…
Did you know you can make hundreds, if not thousands of dollars per day playing online games? Okay more realistically, you will only make a few cents to a few dollars per day unless you get in early and play for several hours a day. NFT games have been around for a few years but they have been on the rise in the past few months. These games are a great way to make passive income if you are already…
