7 simple passive income ideas for busy people

7 simple passive income ideas for busy people7 simple passive income ideas for busy peopleMaking money while you sleep has a nice ring to it. I mean who wouldnt want to be making some extra money while playing with the kids or while watching a game?The only problem is that most passive income ideas that youll come across are truly not passive at all. Since youre already busy with your everyday life you wont want to pick up a 2nd job that you dont have time for. Most passive income ideas require you to put in a lot of work.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreFor example, a lot of people online tout starting a blog as a good source of passive income.The only problem is that blogging is a lot of work. I andrangThe Finance Twins, a growing personal finance blog, and my brother and I easily spend 50-60 hours a week writing, marketing, and researching for new content. Not exactly passive. The truth is that to truly generate passive income youll need to make aninvestment into an asset that produces passive income for you. Unless you are making money the old-fashioned way (inheriting it), youll need to put in some effort.Starting something from scratch will never be passive from the get-go because the act of starting it will be very time consuming and rigorous. And thats okay if you have the time to devote to it.The good news is that you dont necessarily need a new cash outlay either. If you already have an asset that isnt being fully used then that can serve as your investment. Check out the details below to learn more.Today, lets talk about a few passive income ideas if youreready to investand make your money work for you instead of losing value in a bank account.7 Top Passive Income IdeasPassive real estate investingAcquiring an affiliate marketing websiteRenting your primary home via AirBnb or another platformRenting your carInvest in dividend stocksRun a site with anzeige adsRefer friends to great products you already use1. Passive Real Estate InvestingWhen it comes to passive income, talk to anyone whos a landlord and theyll tell you that passive is the last word theyd ever use to describe having to replace a washing machine after a full day of work.However, there are a hr of companies that give you the ability to invest in commercial and residential real estate projects without having to actually do any of the heavy lifting yourself.One example isDiversyFund. Its a private REIT (real estate investment trust) that allows you to invest in professional real estate projects passively foras little as $500. The thing I love about companies like DiversyFund is that they dont make money unless the investors make money since they invest and manage the projects themselves.When incentives are aligned, you give yourself the best chance to win.2. Acquiring an affiliate marketing websiteI already discussed how starting a website from scratch was no easy undertaking (unless you know what you are doing and have done it before). So why not find an existing site that is already making money from affiliates and take it over?Affiliate marketing is essentially where you get paid a fee for referring new customers to brands. So for example, if you have a site likeContacts Compareor Kayak.com that compares prices, you can earn a commission for referring customers to existing brands.This type of investment can be truly passive if its already generating revenue with very little hands-on involvement.3. Renting your primary home viaAirbnbor another platformI was recently contacted by a long-time reader who had just received her first passive income check in the mail and she was ecstatic. She was a single mom of two daughters and her youngest had recently gone off to college.She had always dreamed of running a bed and breakfast but never had the time to devote to it. But once she became an empty nester, she realized she had two empty bedrooms sh e could rent out to guests.After signing up forAirbnband jumping through the hoops she was able to rent out her rooms for $50/night each. In fact, she said shes considering moving out to a smaller space and renting out the entire home since its in an in-demand area of Fort Worth, TX. She said she is making enough money to hire a neighbor to handle the clean-up duties, so its as passive as can be.Not bad4. Renting your carCompanies likeTuroand GetAround are making it easier than ever for you to rent out your car when you arent using it. And lets face it, if you live in an area with Lyft and Uber service, theres a chance you might not even need your own car on a daily basis.Youll want to keep in mind that you renting out your car will mean additional wear on your car so your repair bills might increase, but users have said its well worth it for the passive income checks coming in the mail.If you have a 2nd car sitting around that never gets used or you have begun to bike to work and n o longer need the car daily, this might just be the absolute perfect way to finally start generating some passive income.5. Invest in dividend stocksDividends are profits that are paid out to owners of stocks. Some companies pay dividends on a regular schedule, which means it can become a solid source of income.Investors who love dividend stocks will talk about the fact that your investment is not only generating dividend income but potentially also appreciating in value. But its good to remember that the opposite can also happen.Dividend stocks are similar to other stocks in the sense that its usually best to buy and hold for a long time.Some people even rely on dividend checks for their regular expenses, which means they must own a pretty large number of shares If you have some extra cash to invest this is probably something worth looking into.6. Run a site with display adsIf youve spent any amount of time on major sites like ESPN, The Weather Channel, Google, etc., then youve see n lots of advertisements on them. If you dont remember seeing ads, then you either have an awesome ad blocker or youve simply learned to ignore them. NiceAs you can imagine, the reason these sites haveads on displayis that they are being rewarded handsomely in order to do so. The key to generating income in this way is to have a site with a lot of users since there is a strong correlation between the number of eyeballs on your website and the amount of income youll be making. Easy enough to understand.If you have a friend with an old site that they never use it might be worth acquiring it if they have traffic. Adding ads to a site is super simple and you could be earning some passive income pretty quickly.7. Refer friends to great products you already useCompanies likeEbates.comhave existing referral programs that pay out cash for every friend you can refer. If you have a lot of friends or social media followers this can be an extremely easy way to earn money.All you have to do is s et up an account usingthis link, go to your account settings and click where it says refer and earn to get a link you can send your friends.To find other programs like this its super simple. Nearly any company that delivers food or other products will usually offer something like this. They are called referral programs so a simple search will make it obvious who offers a similar program.The Bottom LineAs I mentioned before, generating truly passive income requires creativity and some initial work to set things up. Especially if you are already super busy. But if you are able to pull it off, youll be the talk of the town because youll be making money while everyone else is breaking their back.This article first appeared on The Money Mix.

Study Meetings with agendas are less wanted, but they work

Study Meetings with agendas are less wanted, but they workStudy Meetings with agendas are less wanted, but they workMeetings can be time-sucking vortexes that steal our attention and energy. The formality of forced participation and setting an agenda can seem like a needless hassle when you can just communicate what you want over a quick email. But heres some bad news for those of us who hate meetings - they actually work.In a study that compared the formal communication of meetings with the informal communication of emails and phone calls in industrial companies, formal communication came out on top. Across 73 manufacturing plants in 18 countries, meetings, with their standard protocols of timing and set participation, were better at preventing operational glitches that held up supply chains and delayed deliveries than informal emails and phone calls.The relatively inexpensive formal system of periodic cross-functional meetings turned out to be the only effective channel to communi cate and mitigate the impact of internal and customer glitches, business professors Antti Tenhil and Fabrizio Salvador wrote in their paper for Decision Sciences.Meetings remove questions about whose job it is to do whatIf you prefer emails and calls over meetings, you are bedrngnis alone. Humans naturally prefer the spontaneity of a phone call and email over the coercive, artificial organization-specific protocols of meetings, researchers found, citing previous research. But this preference of communication did not translate to effectiveness. Overall, the researchers found that the formal process of a meeting was more effective at removing the ambiguity of who was going to address a glitch and how it was going to be resolved.According to our interviewees, formal interpersonal channels are particularly apt at enabling such interactive cross-functional communications, the researchers wrote. They ensure reciprocity while simultaneously enforcing formal protocols, guaranteeing that the relevant parties receive, understand, and act upon the exception messages.Good meetings with agendas and the right participants hold us accountable to what we say we are going to do. Thats not to say that getting on the phone and calling someone is useless in a company. The researchers suggested that when unexpected events happen, informal communication is useful, but less useful when it comes to day-to-day operations.Emails turned out to be the most popular channel in this study yet they only had a complementary role in the mitigation of glitches, the researchers concluded. All this suggests that the formal communication channels may have a worse reputation than they deserve.

The 11 Top-Paying Jobs for Women - Working Moms

The 11 Top-Paying Jobs for Women - Working MomsThe 11 Top-Paying Jobs for Women - Working MomsMaybe you fell into your job by accident and your path seems fixed. But if youre just beginning your career or have an opportunity to refocus, looking at the top-paying jobs for women will help you get the most for each hour of work. If you are thinking about going back to school or making acareer changecheck out the STEM (science, technology, engineering and mathematics) type jobs. They are the ones at the head of the class in the latest list of the best jobs for women in 2015 reported byCareercast.com, the Internets premier career site for finding targeted job opportunities by industry, function and location. All wages and outlooks listed are via the Bureau of Labor Statistics (BLS) and represent the entire labor force for each career. Here are the top 11 jobs for women in 2015 1 Actuary An actuary is someone who asses the business risk or uncertainty of something for insurance purpos es. The science is based on mathematical skills, economics, computer science, finance and business. Annual Median Wage $93,680 Projected growth outlook26 percent 2 Advertising and Promotions Manager This role includes overseeing the market research to the actual advertising for a product or service. This career may be within a absatzwirtschaft agency, a company, or a media outlet.It was reported that approximately two-thirds of this field are women. Annual Median Wage $115,750 Projected growth outlook 12% 3 Biomedical Engineer A BME applies the engineering principles they are certified in to biology and medicine for healthcare treatment such as diagnosis, monitoring and therapy. Annual Median Wage $86,960 Projected growth outlook 27% 4 Dental Hygienist A licensed dental professional who is trained to provide full oral health care. They work alongside a dentist and provide a specific set of procedures. Annual Median Wage $70,201 Projected growth outlook 33% 5 Educatio n Administrators This role is within universities or colleges where the administrator is in charge of maintaining and supervising how the school is ran. Annual Median Wage $86,490 Projected growth outlook 15% 6 Event Planner This is party planner mets project manager. Someone or a company is hired to run small to large events like a conference to a wedding. Annual Median Wage $45,810 Projected growth outlook 33% 7 philanthropisch Resources Manager This job is someone who has an educational background in human resource management and helps run a companys culture, benefits, and employmentresponsibilities. Annual Median Wage $99,720 Projected growth outlook 12% 8 Market Research Analyst In this job someone researches the potential sale of a product. They work on future sale predictions, what the competitors are offering, then how to promote, distribute, design, and what price should be used. Annual Median Wage $60,330 Projected growth outlook32% 9 Occupational Therapist This therapist can work with many different types of clients such as the elderly, children, or the terminally ill and their job is to improve their state of life through purposeful activities. One of their goals is to improve a persons independence. Annual Median Wage $75,400 Projected growth outlook 29% 10 Public Relations Manager This job is when a person manages the information shared between with the public (or media) and a company, person, or body of government. Annual Median Wage $95,450 Projected growth outlook13% 11 Statistician Similar to anactuary, a statistician works with applied statistics, which is the collection of numerical data. This type of role is usually combined in another field like medicine, environment, government surveys, industry, or market research. Annual Median Wage $75,560 Projected growth outlook27% Did your current job make the list? Did some of behauptung descriptions spark curiosity? If so, start your research to see what experience you ne ed to make a career change. Providing for your family is one of your top priorities and how great would it be to have a job thats desirable in this economy. Just take your research one step at a time and stay curious.

8 Essential IT Skills to Improve Your Technology Job Search

8 Essential IT Skills to Improve Your Technology Job Search8 Essential IT Skills to Improve Your Technology Job SearchStaying current in the technology and IT certifications is just the start.A career in Information Technology requires skills previous generations of IT executives ignored or scorned. (People skills? What are those?) The modern IT executive must be a master of the technology he manages plus the business lines it supports. What follows are the eight essential skills, provided by tech pros themselves, that executives must demonstrate to advance in an IT career.Technical savvy Theres no getting around the fact that IT stands for information technology. Your experience must show a proven track record of leveraging technology to increase performance, productivity and competitive edge. But technical savvy is nothing withoutBusiness acumen Hiring managers are looking for people who can integrate knowledge of technology with knowledge of business. Technology no longer just sup ports business it drives it. The decisions made around technology, and the ability to identify new products and services that will take an organization to the next level, are among the most important made at almost all organizations.Communications skills Have you ever seen the Saturday Night Live skit where Jimmy Fallon plays Nick Burns, an IT help desk employee who revels in making end-users feel like idiots? Its satire, of course, but theres always a kernel of truth to satire. It cant hurt to ensure that you are in no way falling into the IT guy stereotype, especially as you are looking to move up in the industry. Ask trusted colleagues among your organization for feedback on your communications skills, and take their constructive criticism to heart.The ability to speak multiple languages Along the same lines as No. 3, its important to be fluent in the languages (and different dialects) of technology, business, your organizations industry and end-user concerns.Project management skills Hiring managers want to see that you have been successful at project management. Its not enough to know your stuff you have to know about everyone elses stuff and be able to manage the various technologies, business applications, skills and personalities involved in a project.Certifications While certifications are not high on the lists of the experts who spoke with Ladders, if you do list your certifications, you have to also be able to articulate how you have applied them. Im not a groupie of certifications by themselves, said Robert Rosen, CIO of the National Institute of Arthritis and Musculoskeletal and Skin Diseases. We sometimes use them as a filter, but we put lots more weight on experience. Ive seen too many certificate holders that couldnt apply that knowledge.A curious mind Hiring managers are looking for people who are always looking at how things work and how to make them better. I found some of the greatest people have the attribute of frequently saying, I wonde r why it did that? and then finding out why, Rosen said.Flexibility and foresight The rate of technological change is staggering, and employers require IT pros who are able to not only adapt to that change but to be out in front of it.

What Is So Fascinating About Professional Summary on Resume?

What Is So Fascinating About Professional Summary on Resume? Finding the Best Professional Summary on Resume There are lots of resources available on how to a great resume summary, but its tough to find good ideas for how to do it if you dont have a work experience. Your profile summary convinces potential employers your CV is well worth reading carefully and that you might be the proper person for the job. Below, you will discover a list of resume examples that may assist you with your work search. Your search will be significantly more successful if you customize your cover letter and resume to specifically handle the businesss business troubles and your ability to solve them. Professional Summary on Resume for Dummies If you follow the advice above you are going to have an interesting, compelling resume summary that is likely to make the reader want to find out more about you even regardless of your lack of work experience Luckily, theres leidhing like a small bit of ins piration to receive your creative juices flowing. If youre not receiving the response you want in your job searchbut have no clue what youre doing wrongits time to return to the fundamentals and be sure youre not making the next classic mistakes. The very first thing which you want to do is go back and examine the job which youre applying for and determine your intended audience. If youre thinking about how to create a resume, youre in the proper location In the event you simply wouldnt have any experience then the ideal point to do is exit and volunteer. Most folks will at least try to have some appropriate expertise in the work field theyre attempting to enter. The Bad Secret of Professional Summary on Resume Emphasize your present skill set, abilities and anyspecial machinery and equipment certifications you must convince employers to go through the remainder of your resume. Based on your degree of experience and the jobs youre applying for, what you decide to concentrate on in your resume summary might vary. On the flip side, once the work applicant has strong experience, there is not any need to require the academic training any longer and it doesnt need to get mentioned. If theres no Professional Summary, odds are they will just skip your resume and move forward. Resume objectives are from time to time regarded as the old schooltype of resume. Resume may be objective if you arent career to a particular job offer. Irrespective of whether youre on the lookout for an entry level job or larger career advancement, you most likely already understand how important your resume can be in your search to discover the ideal job. On the flip side, functional resumes are ordinarily used by fresh graduates or those who have less experience but want to grab the work vacancy. You have to make sure your resume summary stellungnahme concisely demonstrates why youre a perfect candidate for the particular job and business. Your summary has to be concise, but no netheless, it also needs to provide enough info to pique readers interest. If you do decide to move forward with a resume summary statement, be sure to take care of it as your personal highlight reel. A summary statement is a brief expert introduction you can increase the peak of your resume. To do this, you can incorporate an expert profile or qualifications summary at the start of your resume that gives you the ability to advertise yourself through a narrative. The applicant managed to mention important qualifications in just a few sentences. Thus, the objective ought to be prominently situated in the top third of the webpage. Notice how the example resumes are extremely specific when it has to do with technical skills. What to Expect From Professional Summary on Resume? Resume is a sort of document utilized by individuals that are seeking for employment. You must consider writing a bit more different resume within different jobs, a modern resume template will be quite use ful in doing this.

Mistakes to Avoid When Interviewing Millennials - Spark Hire

Mistakes to Avoid When Interviewing Millennials - Spark HireMillennials make up a unique percentage of the work force. Hiring them can help breathe new life into a company, but the interview process must be done carefully. Millennials think and operate differently than other generations of workers. When youre interviewingmillennials and looking to bring some into your organization, heres what you need to keep in mindFocus on company culture and finding the right fitLike any other employees, millennials want to be paid fairly for the work that they do. However, this group is also heavily focused on actually enjoying the time they spend in the office. For this reason, checking to make sure that the person youre interviewing is a good fit becomes key. Talk with them about their goals and the company experiences theyve enjoyed and disliked in the past. From there, you can get a better sense of how they might fit in within your organization. Asking these questions in an open-ended way giv es the candidate a chance to elaborate in order to provide you with more information.Understand that there are stereotypes involvedThere are a number of stereotypes surrounding the millennial generation, including that they dont work hard. Many people who are a part of this generation feel sensitive to these stereotypes. As a result, they may be especially anxious to show you that theyre ready to come in and put in the time necessary to do the job well. Ask questions that allow them to demonstrate their work ethic and passion for their industry.Talk about the benefits you offerFor many millennials, mentoring programs and a chance to grow are important. If your company has a particularly strong mentorship program in distributionspolitik or is great about advancing employees through the ranks, make this known. Young workers want to know that theyre joining a team where they can develop, not just sit in the same cubicle for 20 years.Lastly, give a millennial candidate a chance to ask t heir fair share of questions. Because millennials are passionate about finding a job thats a great fit, its likely that the person youre interviewing will want to do a little research of their own in order to ensure that they feel comfortable in the role. Build in some time for this so that both parties can feel totally satisfied should a job offer be made.Image mircea_dfa/BigStock.com