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	<title>Comments on: Passive Income Snowball</title>
	<link>http://www.thoughtfulconsideration.com/2006/12/03/finance-investing-etc/passive-income-snowball/</link>
	<description>Live Better - Get Your Think On!</description>
	<pubDate>Tue, 06 Jan 2009 11:26:01 +0000</pubDate>
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		<title>By: Andy</title>
		<link>http://www.thoughtfulconsideration.com/2006/12/03/finance-investing-etc/passive-income-snowball/#comment-165</link>
		<author>Andy</author>
		<pubDate>Sun, 10 Dec 2006 17:25:42 +0000</pubDate>
		<guid>http://www.thoughtfulconsideration.com/2006/12/03/finance-investing-etc/passive-income-snowball/#comment-165</guid>
		<description>NLG,

I'm impressed with your work and would like very much to duplicate your success. I'll have to settle for learning more about the opportunities (for now). I do enjoy hearing about your experience, especially because it gives me hope that it can be done!

---Andy</description>
		<content:encoded><![CDATA[<p>NLG,</p>
<p>I&#8217;m impressed with your work and would like very much to duplicate your success. I&#8217;ll have to settle for learning more about the opportunities (for now). I do enjoy hearing about your experience, especially because it gives me hope that it can be done!</p>
<p>&#8212;Andy</p>
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		<title>By: NLG</title>
		<link>http://www.thoughtfulconsideration.com/2006/12/03/finance-investing-etc/passive-income-snowball/#comment-145</link>
		<author>NLG</author>
		<pubDate>Tue, 05 Dec 2006 16:11:33 +0000</pubDate>
		<guid>http://www.thoughtfulconsideration.com/2006/12/03/finance-investing-etc/passive-income-snowball/#comment-145</guid>
		<description>My passive income stream consists of two student rental properties.  Together they generate roughly $1400/month income before taxes.  

Last-year, money was tight as I was still in school studying for a Masters degree, so some of the income was applied to living expenses.  This-year, however, I am working full-time and really don't need the income for monthly living expenses, so I have been able to keep all of the money in a separate account.  

This works great because I can see exactly how well my rental side-business is performing, and I am not tempted to spend the money.  Also, as the money builds up, it will be available for future investments.  The next step is to set up a high-interest savings account so at least the stored money is earning something (not much compared to inflation, however).</description>
		<content:encoded><![CDATA[<p>My passive income stream consists of two student rental properties.  Together they generate roughly $1400/month income before taxes.  </p>
<p>Last-year, money was tight as I was still in school studying for a Masters degree, so some of the income was applied to living expenses.  This-year, however, I am working full-time and really don&#8217;t need the income for monthly living expenses, so I have been able to keep all of the money in a separate account.  </p>
<p>This works great because I can see exactly how well my rental side-business is performing, and I am not tempted to spend the money.  Also, as the money builds up, it will be available for future investments.  The next step is to set up a high-interest savings account so at least the stored money is earning something (not much compared to inflation, however).</p>
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