Passive Income Hacking Tools

This list of references and tools created the mindset and the techniques that allowed my wife and I to both walk away from six figure incomes and live our lives as a “Parade of Preferences.” Therefore, I thought it would be helpful to create this list that you can always come to for various wealth building ideas and techniques. I will continue to add to it as I gain additional knowledge.  Going forward you will notice that I am referencing this page of tools quite often. I recommend bookmarking it for your reference and convenience. Enjoy!

Disclosure: Please note that some of the links below are affiliate links, and at no additional cost to you, I will earn a commission if you decide to make a purchase. Please understand that I have read each book on this list and I have personal experience with all of these companies.  They might not appear on highly recommended top 10 lists, but they have been instrumental in allowing me to live my life as a “Parade of Preferences.”

 

Again, please note that I recommend this information because it is helpful and useful, not because of the small commissions I make if you decide to buy something. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.

My Most Recommended Tools

Bluehost – #1 FOR WEBSITE HOSTING

Bluehost is a proven powerhouse in the website hosting industry. They offer exceptional customer service. They allow you to host multiple domains under one account, which is super convenient. They’re as reliable as they come. And they offer an exclusive discount just for you from YourThinkingFriend: hosting for only $3.95/month!

Get Started With Amazon Selling

Free Amazon Training Course

You owe it to yourself to see what this is all about.  My wife and I use this account for travel sourcing and spending change.  How does 3-4k per month sound?

How to Sell on Amazon in 2020: 7 FBA Secrets That Turn Beginners into Best Sellers

Excellent book to assist you with getting started on Amazon.  Helps you utilize FBA to start your own business?  Don’t know what FBA is?  That’s okay.

Amazon Free Sourcing App

Free Sourcing Application from Amazon

Real Estate

Landlording: A Handymanual for Scrupulous Landlords and Landladies Who Do It Themselves

The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad’s Advisors)

The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals (Rich Dad’s Advisors)

Advertising/Listing Solutions

Craigslist

Legal Stuff

Legal Zoom

Succession Planning Essentials for “Solo Entrepreneurs”

What would happen to my online business if I died?

Writing Tools

Grammarly

The spell-check tool I use, on steroids. Through my browser, anything I write automatically goes through their database of spelling and grammatical checks to make sure I write properly.

Misc References

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!

It has since become the #1 Personal Finance book of all time… translated into dozens of languages and sold around the world

Rich Dad’s Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!

Covers the basic rules of investing, how to reduce your investment risk, how to convert your earned income into passive income.

Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes (Rich Dad’s Advisors (Paperback)) Paperback – June 26, 2018

Everyone has the same chance to take advantage of the windfalls given to the winners. Employees can choose to be independent contractors and receive the 20% small business deduction. Service professionals who were left out of the 20% deduction can now become C corporations and reduce their tax rate to 21%.