Income Generator

Money, money, money, this is what the world is after.

We work all day, and we are broke all day. I have an idea solution that's real and works. All I ask is you like, share, and fallow; maybe I will have another idea that can better fit your financial issues that you seen so far. I have a few ways or you can combo all the ways I will show you here.

First,

Tax time is max time!

When you get your tax return, for most that is the most we will ever see of our income at once and is the best way to start. Open a savings that offers a high interest rate. I did this with Chime. They offer 1.98% a month and 2% at the end of the year. I know most people know they can put money in savings, however they lack to see the power in it, and the same for a CD.

I recommend Chime for flexibility with out minimums or fees. I am going to give a break down to show you how putting a few tax returns into a savings can give you a passive income. Say you have $2,000 from a tax return and you start in a chime account month by month 1.98%, As for the CD I used First Source Bank rate at 4.30% interest.

Section 1

Year One

1. $2,000.00 x 1.98% = $2,039.60 income of $39.60
2. $2,039.60 x 1.98% = $2,079.98 income of S40.38
3. $2,079.98 x 1.98% = $2,121.16 income of $41.18
4. $2,121.16 x 1.98% = $2,163.16 income of $42.00
5. $2,163.16 x 1.98% =…