The 3 best passive income apps

The first guest post to be featured on my site! Dylan of http://www.thecollegecapitalist.com offered to write a guest post reviewing some extra ways to make some extra money. These are some good options to accomplish this goal! Take it away, Dylan...

 

The Three Best Passive Income Apps

By: Dylan, Founder/Owner of www.thecollegecapitalist.com

Let’s face it: we could all use a little extra cash!

Links for May 2016

Here are some interesting, recent links related to money. Enjoy!

• Harriet Tubman's portrait is going on the next U.S. $20 bill!
• Helpful information about surviving grad school without a ton of debt: http://frankfacts.org/how-to-pay-for-graduate-school-without-going-broke-how-i-did-it/
• Rock on [with savings]! http://www.laramieboomerang.com/news/local_news/rock-band-teaches-students-about-financial-literacy/article_d0a8a3cc-fc46-11e5-854b-1b801801a303.html
• Uh-oh...looks like a lot of wealthy people [and corporations] play a shell game to avoid the tax man. This should get you good and mad: http://www.theguardian.com/news/us-money-blog/2016/apr/07/panama-papers-mossack-fonseca-super-rich
• Apparently, The Guardian (originally a UK newspaper, but now has offices all over the place) really wants to get people upset about the "Panama Papers" leak, including updates for when you've calmed yourself down. If this sounds appealing to you, hit this link: http://www.theguardian.com/world/2016/apr/06/panama-papers-all-revelations-so-far-data-leak
• On the topic of things that will get you angry, the Wounded Warrior Project [a charity meant to help wounded war veterans] apparently spent a lot of money wastefully. See this New York Times article from January detailing allegations from a number of former employees, this CBS News article that first broke the story of the CEO and COO being fired, and this Daily Beast article regarding further allegations.
• Infuriating stuff! But before throwing up your hands and refusing to donate to charity, there is an alternative! Consider instead doing a bit of research before writing that check...this article from Intentional Insights shows you how!
• "Well, mainly it's just not having to worry about money." This is why we do what we do! 

Save money like this rapper

Think all rappers boast about wasting money on overpriced luxury goods? Think again!

In case you haven't heard this song or seen the music video, comedic rapper Lil Dicky boasts instead about how he saves money on everything from laundry to parking to haircuts to toilet paper. The music video for the song was even filmed for (reportedly) no money! The jury's still out on whether the production was free, though...

Froogal Consumption

Froogal Consumption

As promised in my previous article on Why Being Cheap Costs More, I expound here on how to shop frugally. Whereas conspicuous consumption focuses on image and flash, Froogal consumption focuses on getting the maximum value for a quality product.

Value, rather than price, is a critical concept here!

Financial Freedom

I want to take a moment here to defend the Millionaire Mindset that I've described before. The point of this approach is to be satisfied with having a few nice things that you can truly afford, guilt-free!

Interesting site

I found an interesting blog that has a lot of great tips and interesting posts: the Two Cents blog http://twocents.lifehacker.com/ is a Lifehacker website, where there is a post pretty much every day (and sometimes multiple posts in one day!). It's definitely worth checking out--enjoy!

Happy saving!

The Wal-Mart Trap

Bargain hunters beware!

Though Wal-Mart has great prices on certain items, they're not always the cheapest option around. They built a very successful business based on advertising their low prices, and then having such a wide selection that people don't bother to go anywhere else for their other goods.

How to $ave big on your phone bill

*For an up-to-date list of my smartphone recommendations, please see this link.*

As promised in my earlier post on The Millionaire Mindset (http://froogalstoodent.blogspot.com/2014/05/the-millionaire-mindset.html), here's a tip for those of you who are paying too much for your cell phone bill (pretty much everyone!): get a prepaid monthly plan.

More great sources of information

I found two links that have great information, and I found them to be very helpful, so I figured I'd pass them along.

They're both written by Kraig Mathias of Create My Independence. He's promoting the same lifestyle I am in my post on The Millionaire Mindset.

The links are here:

The Millionaire Mindset

The Millionaire Mindset

I want to get this idea out there now: your mindset is far more important than your income level. Many people think a large income leads to financial security...and they're dead wrong. I'll show you why.