Need some new ideas on how to build passive income? Curious about how to talk to your adult children about money during the pandemic?
These questions and more are answered in this week’s My 5 for Friday.
1. 30 Passive Income Ideas [for 2021 & beyond] by Bob Lotich. In this article, Lotich lists 30 ways to help build passive income. Many of these ideas are quick ways you can utilize things you own, or abilities you have to create passive income.
2. How to elevate the value of work through language by John Terrill. Terrill argues that the way in which we speak about work, vocation, and calling often devalues the God-given place of work in our lives. Meaningful work should transcend the lie that the believer is only doing valuable work in a church setting and that shift takes place first in our language.
3. How to Improve Your Money Confidence by Kumiko Love. Although many people feel ashamed over past financial decisions, Love encourages that there are many things you can do to increase your financial confidence. She provides a list of helpful solutions to financial insecurity.
4.Protect Yourself from Wolves in Sheep’s Clothing: Scammers by Crown Financial Ministries. This article helps point out ways to avoid con artists, especially those who prey on believers and faith communities. These tips will help you spot the wolves among you.
5. With Adult Children Home, Now’s the Time: Talk About Your Money by John F. Wasik. Amidst the pandemic, many families with adult children are sheltering together, which Wasik argues is the perfect time to start discussing retirement, inheritance, financial planning etc.