How to Go From $0 to $100,000+ in 2024
Digital Nomad Quest Blog
by Sharon Tseung
6M ago
Introduction Getting to a 6-figure net worth can be daunting, especially if you’re in debt or starting from 0. And believe me, I’ve made mistakes and learned valuable lessons when it comes to making and saving more money! So, if you’ve ever felt the weight of bills, rent, or just the struggle of starting from scratch, you’re not alone. But guess what? With the right strategy and mindset, we can turn those financial challenges into victories. Let’s get started! Be Financially Literate Let’s start with a crucial step – becoming financially literate. More than half of Americans earning over $100 ..read more
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Feeling Poor? STOP Doing These Things
Digital Nomad Quest Blog
by Sharon Tseung
7M ago
Introduction In today’s fast-paced world, it’s easy to feel the weight of financial stress and the constant struggle to make ends meet. But what if I told you that much of the financial difficulty we experience is rooted in our own behavior and mindset? In this blog post, we’re going to delve into some key aspects that can help you stop feeling poor and start building a brighter financial future. Stop being unprepared Life is unpredictable, and unexpected emergencies can hit us at any time. But instead of feeling like life is working against you, it’s crucial to be prepared. Having an emergenc ..read more
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10 Ways to Invest $10,000 in 2024
Digital Nomad Quest Blog
by Sharon Tseung
7M ago
Introduction In a world where the cost of living keeps climbing, and the future seems more uncertain than ever, the idea of investing your money wisely becomes more than just a financial strategy—it’s a lifeline. But investing isn’t just for the financial elite or the Wall Street wizards. It’s a path to securing your dreams, one that anyone with $10,000 and a dash of determination can embark upon. In this blog post, we will explore 10 simple ways to invest $10,000 wisely. 1. Building Your Emergency Funds Building your emergency fund is the cornerstone of financial security. In a world of unpre ..read more
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10 Passive Income Side Hustle Ideas To Make Money
Digital Nomad Quest Blog
by Sharon Tseung
7M ago
Introduction Passive income is a powerful financial concept that allows you to make money without constantly trading your time for it. In this blog post, we will explore passive income side hustle ideas that can help you design your path to financial freedom and a more fulfilling life. We’ll cover a range of opportunities, from selling low content books on Amazon to renting out your spaces on Neighbor. Let’s dive into the world of passive income and discover how you can start building your wealth. 1. Selling Low Content Books on Amazon KDP Amazon Kindle Direct Publishing (KDP) provides an exce ..read more
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8 Things to Know Before Investing in Real Estate
Digital Nomad Quest Blog
by Sharon Tseung
7M ago
Introduction My journey in real estate investing began in 2012 when the idea of owning properties worldwide and enjoying passive income piqued my interest. Fast forward 11 years, and my husband and I now have 34 units in our portfolio. But let me tell you, the path wasn’t always smooth. We made our fair share of mistakes along the way. In this blog post, I want to highlight eight crucial things you need to know before venturing into real estate to help you avoid some of the common pitfalls. Understand the Kind of Investor You Are The first thing to consider before diving into real estate is un ..read more
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10 Side Hustle Ideas to Start in 2023 ($100+/Day)
Digital Nomad Quest Blog
by Sharon Tseung
8M ago
Introduction In today’s fast-paced world, having multiple streams of income is not just a luxury but a necessity. A side hustle can provide financial security and peace of mind, ensuring that you’re not solely dependent on your primary job. Whether you’re looking to boost your income or create a path towards financial freedom, there are countless opportunities to explore. In this article, we’ll delve into ten side hustle ideas that you can start in 2023. These are tried and tested ventures that, with dedication and hard work, can become significant sources of income. Selling Digital Products o ..read more
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Credit Scores Fully Explained 2023
Digital Nomad Quest Blog
by Sharon Tseung
8M ago
Introduction A recent survey by Compare Cards found that 37% of people have no idea how their credit score is determined. That’s why I’m here to provide you with a comprehensive guide to credit scores, including what they are, the different credit bureaus, the two scoring models, and other crucial determining factors. Let’s dive right in! What is a Credit Score? A credit score is like a snapshot of your financial history. It’s a numerical representation that helps lenders assess your ability to repay loans. Imagine your friend Sally asks to borrow money; you’d likely say yes because you trust ..read more
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I got laid off a year ago…(LIFE UPDATE)
Digital Nomad Quest Blog
by Sharon Tseung
9M ago
Introduction Hey there, if you’ve been following my journey, you might remember that I got laid off from my job in June 2022. It’s been over a year now, and I wanted to share with you all what’s been going on in my life, my thoughts, and my plans for the future. My Net Worth One of the most significant changes since getting laid off has been the growth of my net worth. Even during a challenging economic period, my husband and I managed to increase our net worth by over 15%. We’ve always been proponents of diversifying our income streams, and it paid off during tough times in the market. Divers ..read more
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Hiring a Contractor? Watch This FIRST!
Digital Nomad Quest Blog
by Sharon Tseung
9M ago
Introduction Renovating your home is no small feat, whether you’re giving one room a facelift or embarking on a comprehensive transformation. While some projects might allow you to handle specific tasks on your own, larger makeovers often call for the expertise of a general contractor. These professionals are well-versed in managing permits, inspections, labor, equipment, and materials to ensure your renovation unfolds seamlessly. To guide you through this process, I’ve compiled six essential tips that will aid you in hiring the right contractor for your home renovation project. Where Do You F ..read more
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7 Things To Know Before Buying A Home
Digital Nomad Quest Blog
by Sharon Tseung
9M ago
Introduction Buying a home is a monumental step, one that requires meticulous consideration regardless of whether you’re a first-time homebuyer or have gone through the process before. Surprisingly, a significant percentage of homeowners (78% to be exact) admit to having regrets about their home purchases, with unforeseen expenses and unexpected problems topping the list of woes. As someone who’s navigated the intricate path of property ownership, I’ve come to understand that the journey isn’t as straightforward as it might seem. From credit scores to hidden costs, there’s a wealth of knowledg ..read more
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