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We hear a lot about “passive income” when we discuss alternative income streams. For many, passive income is the Holy Grail of money making. The idea that you do nothing, and the income just comes to you is bewitching. However, is there really such a thing as passive income? I suppose that if you have some sort of inheritance that is managed on your behalf, that might qualify. However, much of the passive income that…

The recent “Great Recession” (which some are still feeling the effects of) has shown us that nothing is as certain as we would like. New skills are needed if you want to survive the coming career climate. Over the past decade, we have been seeing a shift to a more fluid career climate, and the future is only going to see movement across industries — and the creation of new industries and job descriptions. He…

One thing that money savvy people have learned from the recession is that income diversity is important. Getting all of your income from one place can be devastating if you lose your job. You don’t have to quit your day job if you don’t want to, but you can begin cultivating a little alternative income so that if you do lose your job, you have something that can help you get through the tough times.…