It’s morning for you, but I’m writing this post at night. I missed writing a post for today, so I’m getting a jump on my post for tomorrow. And don’t worry; I’m not losing steam (well, not really). I’m still working every day, but my attention is being focused more on the doing than on writing about things right now.
My husband and I also decided that it’s time (past time) for him to make a job change. He wants to begin making YouTube videos, and his current job saps all of his energy. I truly believe that if we can have multiple, really simple ways of making cash, we can easily make half or more of what we need to support our cost of living. And with the extra time and energy, we can focus on our side incomes and passive incomes, and they’ll grow, and we’ll be able to get our finances straight. I think this could be a scary time that we’re going into, but I haven’t been this excited in a long time. Yes, we’re jumping off a cliff a little bit. What if we fall? But what if we fly!?!
Speaking of working on passive income, I have been working more on my Atlas Earth app. I now have 5 properties within the app, and I am now making about a penny per day. I’ve been grinding video ads often, and I’ve been able to get 60-70 atlas bucks a day (one property costs 100 atlas bucks). I’ve watched some videos on Atlas Earth, and I’ve learned a few things. So, the rate of return of rent on each property seems to top out at about 125 properties. Then the rates go down and you begin receiving less rent per property. Once I hit 125 parcels, I may begin a new account and stop checking in on my current one – unless things change, of course. I think it would benefit me to have several relatively small accounts rather than having one big one. 200 properties would pay me more in 2 accounts than they would in a single account. Also, apparently rarer properties in Atlas Earth tend to be clumped together. If you discover a rare/epic/legendary piece of property in the game, try buying the pieces of property right around it rather than buying a block out in the middle of nowhere. I haven’t had luck with this is of yet, but I only have a few properties and haven’t been able to explore this idea much. I have a hunch that some of the higher-value properties might tend to follow the road, but I haven’t had a chance to explore that idea either.
I’ve also been learning more about tax-lien investing. Hearing about this just puts some wind in my sales. This is such a low-risk investing strategy, and it gives really good returns on money. Like, 16+%. That’s a whole lot in the world of investing. I still have more learning to do. I did only begin this yesterday, and it’s a little like drinking out of a fire hose. It’s a ton of information. And, of course, the more I learn, the more I realize I need to learn. I’m so glad that I bought into Jay Drexel’s course, though. Without some sort of mentor/teacher, this task would be too monumental. He and the other teachers keep reminding us that we can always come back and review later, and that a lot of the things in the course are things for later on down the line if we want to get into higher levels of investing. To start, the most important thing is to start. And I can’t wait to start. I was hoping that I could begin tonight, but I underestimated the amount of knowledge that would be thrown at me by Jay Drexel. My brain turned off long before I could think about being able to make a savvy investment. Since it is about to be Friday, I’m hoping to learn all I can over the weekend and begin investing on Monday.
But, enough with math and things. Let’s talk about something fun. The mug I’ve chosen as the Mug of the Day:
It’s Friday. Let’s end the week with a bang! This mug is a little funny, but mostly it just reminds you to be the awesome person you are. And I think we could all use that reminder after a long week of being awesome everyday. If you like this mug, you can find it in my Etsy shop. It’s only $11!