These passive income streams will enable you to start
earning additional cash flow now and increase your income without working more.
This allows us to reinvest into a retirement portfolio or our dividend portfolio that will
earn us additional cash flow!
Not exact matches
However, if this couple were to
earn $ 376,000 and then take the $ 24,000 standard deduction and contribute $ 37,000 in their respective 401 (k) s to bring taxable income down to $ 315,000, they would have an
additional ~ $ 43,000 in
cash flow each year.
When your budget doesn't balance: While a personal line of credit can help solve a short - term
cash flow issue when you know
additional cash is on its way, you should never use a personal line of credit to help you balance a budget that consistently results from spending more than you
earn.
Not only does an investment property yield steady returns in the forms of
cash flow and appreciation, it also
earns additional bottom - line profits through significant tax deductions.
«If
cash flow is an issue, then it is time to tighten your budget and / or find a way to
earn some
additional income to pay the note down,» he says.