Passive Income, Aggressive Retirement (2024)

Ok, so we can all agree that most financial books are boring right? Guess what? This one isn't!! It was an entertaining book that also provided some extremely valuable information. I read the book over 2 days. I couldn't put it down. I am so excited to start implementing some of Rachel's suggestions. Cannot recommend this book enough!!!

The information in this book was worth putting up with the author’s somewhat obnoxious, cutesy language. She covers all the major passive income streams, analyzes which ones take more time or cash to start, discusses risks and marketing strategies, lists additional resources and even interviews several people with successful passive income sources. I especially liked when she extrapolated hypothetical figures, for example, how you could start out with one rental property and end up with 15 without as much cash outlay as you may expect. And all this financial information is presented in a way most people can easily absorb. I’m sure it’s a book I’ll return to through the years. I own the ebook version, but checked out the audio version from the library.

I did not enjoy this book. Surprisingly, I finished it but it did not bring me new information or inspiration. I do not think I am so educated in the passive money-making field, but most of her advice is kind of known, logical, and expected,... but so hard to make happen in real life. Do not recommend wasting the time, unless you are really young and a nubie.

Easier said than done, but I took notes anyway. People are often tripped up by their own limiting beliefs. Whatever the passive income path, there’ll always be self-doubt; fears of skill shortages or potential failures are common barriers. But here's the thing: most of these beliefs crumble under scrutiny. Say you have initial apprehension about investing. It’s always possible to start small, risking only $600, for example, and building your confidence from there.

Takeaways:
- Value your time over money. Money is replenishable – time isn't.
- The future isn’t about saving; it's about strategically earning.
- The path to financial freedom isn't paved with get-rich-quick schemes but with informed choices, strategic planning, and consistent efforts
- 1950s Life is simpler, and retirement, based on the “Nest Egg Theory,” feels attainable (Jump to the present, and factors like inflated household expenses, skyrocketing college costs, a strained social security system, and vanishing pensions have drastically altered the financial landscape.)

On passive income:
- Envision the happiness that comes from outsourcing chores, giving you free weekends. This isn’t just about money; it's about freedom. Passive income, unlike active income, doesn't bind you to a desk. It's money earned without consistently trading your time. Sure, it requires initial work – building an online course, for instance. But once set, it's a stream that keeps flowing. From book royalties, like those enjoyed by authors such as Stephen King, to the consistent income from a well-managed rental property, the options are diverse.
- As you mull over these income streams, consider their scalability, controllability, investment required, marketability, and, of course, passivity. Be strategic. Passive income isn’t about getting rich quickly; it's about building wealth that lasts.
- No matter what you create, remember that passive income doesn't mean no effort.
- The market may dip, but historically, it's shown resilience and recovery. Embracing a long-term mindset is crucial.
- What does an ideal day look like when money isn't holding the brush? Maybe it's that café in Paris, or perhaps it's volunteering in your community, or indulging in hobbies that time previously didn't permit. If you dream of expanded travel, then you need to ensure that you account for these desires in your budget.
- egin by examining where your hours go daily. Richards found that she squandered three hours daily on trivial pursuits like TV. You could discover pockets of time you never knew existed! As for funds, consider short-term sacrifices like forgoing a fancy dinner or that extra streaming service. Lay out all potential passive income avenues, but be discerning – strike off those that don't align with your skills or current resources. Writing was Richards’s strength, so publishing a book was a clear contender. Consider your priorities; if complete autonomy is your end goal, rank passivity at the top.

Action points/ideas:
- With traditional publishing, a publisher takes care of everything – from editing to marketing. But you'll earn a smaller chunk of the royalties, usually around 8–15 percent. On the flip side, self-publishing means you wear all the hats, but you can earn anywhere from 35–70 percent in royalties. Just look at Hal Elrod. He raked in over $700,000 a year from his self-published book The Miracle Morning.
- Successful royalty income often rests on effective marketing. Engage with your audience, join relevant groups, consider some paid advertising, and most importantly, keep the momentum going even after the launch.
- Real Estate Investment Trusts or REITs. Think of them as a buffet of properties you can invest in, enjoying the diversity of real estate assets from various cities without owning them directly. What's more, REITs, by law, have to distribute 90 percent of their taxable income as dividends to investors. There are also crowdfunded real estate platforms like Fundrise, offering eREITs and a closer, intimate look at the exact properties you're backing.
- You might think of homes, but have you ever considered generating income from storage spaces, parking, or even equipment rentals?
- A crucial player in this game is the property manager. While they might take a small percentage of your income – around 8 percent – they can make your rental business virtually hands-off.
- Techniques like house hacking, where you buy a multi-unit property, live in one, and rent out the rest, can substantially cut down your initial investment. And if you're really savvy, you might try the BRRRR method – buying, renovating, renting, refinancing, and repeating the process.
- When evaluating properties, lean on the 1 percent rule as a rough guide – a property priced at $100,000 should ideally fetch about $1,000 in monthly rent. (clearly haven't seen the cost of living and rental crisis in Australia haha)

Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence (& How to Get Started!) by Rachel Richards serves as a comprehensive guide for those aiming to achieve financial freedom through passive income. Richards underscores the significance of diversifying income sources and making informed choices to secure a comfortable retirement and pursue personal dreams. The book explores a variety of strategies, including royalties, portfolio income, real estate investments, and various passive income avenues. Richards emphasizes the importance of understanding the evolving financial landscape and redefines retirement as a state of financial independence rather than a complete departure from work.

The book begins by redefining retirement, highlighting the significant shifts in the financial landscape over the years. It underscores the importance of taking control of one's financial destiny through strategic planning and leveraging passive income, while debunking traditional retirement myths and highlighting the potential pitfalls of relying solely on conventional savings and investments. The discussion delves into the magic of royalties, emphasizing the scalability of this income stream from creative or artistic endeavors. It provides practical advice for aspiring creators, authors, and musicians, stressing the importance of effective marketing to maximize income potential. The concept of portfolio income is examined next, exploring diverse investment options such as stocks, bonds, peer-to-peer lending, and real estate investment trusts (REITs). The book emphasizes the significance of maintaining a long-term perspective while navigating the complexities and risks of the financial market.

Real estate investments are then highlighted as a promising avenue for passive income, with the book providing comprehensive guidance on rental properties, property management, and the importance of careful financial planning. It underscores the potential benefits of real estate investment, including steady cash flow, appreciation in property value, and tax advantages, while also warning against potential risks and pitfalls. The final section of the book emphasizes the importance of goal setting, time management, and overcoming personal limitations to build a sustainable passive income portfolio. It encourages readers to envision their desired lifestyle, identify their strengths, and develop a clear plan for achieving financial independence through various passive income strategies.

Overall, Passive Income, Aggressive Retirement serves as an insightful and practical resource for individuals seeking to diversify their income streams, secure their financial future, and pursue a more fulfilling and flexible lifestyle. Richards effectively combines theoretical insights with actionable advice, making the book accessible and engaging for readers looking to embark on their journey toward financial independence.

Earn passive income so early retirement is possible

Passive Income, Aggressive Retirement contains 28 great ideas (Rachel Richards, the author, counted them) to achieve retirement early. In the past, the traditional method of saving and investing in savings accounts, stocks, and bonds, was the main way to generate passive income, but she shows how that will never work 100% in today’s worlds. With today’s ultra-low interest rates, one would have to save about $2 million to generate enough passive income to retire. That is beyond the reach for most ordinary mortals. With passive income, Richards means income flows that in time will exceed monthly expenses, which means at that point true retirement is possible. She stresses often that passive income doesn’t mean no work to maintain these income flows, but in time they can become low maintenance/high income sources. She presents a load of ideas, urging the reader to pick a handful to pursue on the road to financial independence. She doesn’t claim expertise on any single method, but she isn’t afraid to try her hand at those which interest her most, and she has turned that interest to great success for her and her husband, so she urges the reader to consider taking similar bold steps. She also provides a lot of resources for the reader to consider in expanding their knowledge even further after she has piqued our interest in the 28 methods. I’m looking forward to testing her some of her ideas as I further my own flow of passive income toward aggressive retirement.

Passive Income, Aggressive Retirement is a quick, fun, and informative read for anyone looking to supplement or replace their active income and pursue a more flexible lifestyle.

It goes beyond describing the five types of passive income that exist to detailing the exact steps you can take to pursue them - de-mystifying and democratizing the opportunities often used to build wealth.

The “SCRIMP” framework Rachel uses to compare passive income streams helps readers make an informed decision about where to start based on the resources they have available (time, money, or both).

Her journey to passive income is equal parts relatable and inspiring, practical and dreamy - making the book a particularly useful read for couples that may have different decision-making and money management styles.

Rachel packages her years of education, experience, and connections in this quick and affordable read. It can carry a high ROI if you give her tips a try!

I loved this book!!!!!!!

The most helpful part is that Rachel interviews people across various lines of work and asks them how they generate passive income. It's nice to hear from one author, but it's really credible when the author takes the time to interview others (Such as Hal Elrod, one of my personal role models for his Miracle Morning) and show that these principles work across different industries and lines of work.

I also loved that Rachel was clear about the up front work for passive income streams. It's not a get rich process, it's something you do over time.

READ THIS BOOK!

Two wonderful things about this book are its simplicity and the author’s enthusiasm about the subject. If you are curious about passive income for you or for your kids, this book is the perfect place to begin.

I find two faults, which are definitely not meant to discourage readers. One, the author says she’s retired at age 27. This is misleading. She is an entrepreneur, specializing in the creation and management of multiple sources of income. While she does not specify how much she works, I’m guessing it’s 10-25 hours a week. Granted, she’s at a place where the work is easy and allows for a flexible lifestyle. Retiring with passive income streams requires many years of time and effort.

Two, she presents publishing as something you can do with no money, which is misleading. To publish a book properly takes a team of people and a substantial amount of money.

These faults notwithstanding, this book is wonderful for anyone who wants to stop working for someone else and create a financially independent life.

This book is amazing for people looking to change the way we think about retirement AND implement the steps to do it! I’ve been a fan of Rachel Richards since her first book “Money Honey” came out! Her first book helped us reach our financial goals so I was excited for the second. Well now, this author is helping us reach our future financial goals! So grateful to have stumbled upon her work!

This book was so good! Rachel does a great job packing this full of great information without it being boring. I took away so many ideas and inspiration to generate passive income - some of them I hadn't thought of before or some of them that I thought weren't realistic if I didn't have the capital. Thank you thank you thank you for writing this!

This fantastic book will be available in 9 days and if it’s anything like her first book it will be nothing less than amazing. Mark your calendars as you don’t want miss the launch.

Feels like I'm in an interesting conversation with a girlfriend who is an expert in this field, not reading a textbook. I hate money things (biologist/nurse/informatics) but I'm learning! I'm gonna have to get the first book, too!

Side Hustles

Great book if you are looking for a side hustle or a full time gig. This book will give you some ideas of possible venture for you. Very easy reading.

Passive Income Aggressive Retirement is a strange book to review. I powered through it, which is some testament to the writer I guess, but I felt on the fence about it throughout.
First, PIAR is American focused. This isn't made clear before you buy the book. But I found there is quite a lot of content to ponder over and consider for passive income avenues. For American readers, I think the book will provide that bit more than I, a Brit found...
The book is written in a slight amateurish way. In that I mean, it often goes on a tangent/random tales of celebrities or pop culture. There's often sayings that simply don't fit the written word. Examples would be where she'd often use sayings like SMH and other slang that just felt out of place and broke a fourth wall.
There were things I enjoyed about the book though. For instance, this is all about gaining financial freedom and earning passively. So when I saw how she used (often abused!) the link to sign up for more free content - that gave me ideas on how to work this into my own book in progress. I also enjoyed that the book glosses over quite a few ideas to think about for your own portfolio. I won't say much of the book is groundbreaking, but I did find myself with a ton of postit notes after reading for further work myself.
If you're after a book that blurts everything at you, in manageable small chapters, PIAR is great. If you can read beyond the cringey swear-bleeps and how the book frequently feels like an advertisem*nt for other products (like the numerous other books + authors interviewed), its a decent read.
Like I say, there's plenty that holds this book back. But in a sense that's what this author is all about. Doing enough to tick a box rather than procrastinate and never get a final product out. Could the book be better? A million percent. But did she get it done and is she earning? Also, a million percent.

Geared toward younger investors. The author, who retired at 26, talked about ways to generate passive income, same old, same old, t-shirt printing, real estate investing(duplexes, emphasize the "es"),as well as, in her case, book royalty, social media and growth+income portfolios.

**What this book is about**
- Explain the importance of passive income
- Compare and contrast different forms of passive income
- Motivate reader to approach passive income

**What this book is not about**
- NOT how to be rich quick

**What I like**
- Humor. I like the way she writes it. She knows how to make things simpler to understand.
- The explanation on why the "traditional" retirement plan is no longer effective.
- The motivation for reader as she shares how her condition was in the past, which is quite relatable to general audience like me.
- She admits it when she is not an expert in any particular method and just invite guests to speak instead.

**What I don't like**
- She sounds a bit too bragging at times. I understand that people who read this want to improve their financial situation but flexing about money too often makes it sound less genuine for my taste.
- Make it sound too much easier than I believe it should be (but it could be true)
- Too much focus on Real Estate. Understandable though, because it's what she loves the most and has the most success.
- A bit more business focus than my preference

**Who should read this book**
- Those who need an introduction to passive income
- Those who want some ideas on how to improve their financial situation (bonus if you are living in U.S.)

After reading Money Honey, I couldn’t wait to get my hands on Passive Income, Aggressive Retirement! I wasn’t quite sure what to expect with this book other than I knew it was going to be great. I was not disappointed! Rachel went into SO MUCH detail in this book about passive income streams. She talks about the 5 main passive income streams: royalty income, portfolio income, coin-operated machines, ads and e-commerce, and rental income. For each category Rachel lists multiple examples and goes into great detail on how to implement each one. I was blown away by all of the valuable information she shares. And she really stresses how passive income DOES take work up front. NOTHING she writes about is a get-rich-quick-scheme. Each option takes a little time or money in the beginning to get started but will get more passive over time. The whole idea is to be able to retire early off of your passive income stream(s)! I’m so excited and confident that I can implement an idea from this book and really live the life I’ve always wanted. Rachel is a wealth of knowledge and I’m so thankful for this book and her expertise!

I listened to this audiobook assuming it would be boring and put me to sleep.

Wrong! I ended up live tweeting and take notes on my phone and Goodreads!

Notes for today’s Blinkist Book of the Day:

secrets to financial freedom

The path to financial freedom isn't paved with get-rich-quick schemes but with informed choices, strategic planning, and consistent efforts.

Redefining retirement in a transforming world

Today, homes sprawl over 2,500 sq ft, families juggle multiple cars, and the glare of the “perfect life” on social media spurs increased spending. Some think that working longer hours is the solution, but it's a trap. The archaic 40-hour workweek still reigns, leaving little flexibility to save or invest.

The thing is, retirement isn't just about leaving a job. It's about financial independence and the freedom of choice. While conventional wisdom insists on a $2 million nest egg for a comfortable retirement, consider this: to achieve that starting at age 25, you'd have to stash away $621 every month for 40 years, expecting an 8 percent return. When reality hits, we find the average retirement savings for those in their late 50s is a mere $163,577. Relying solely on the stock market is dicey; remember 2008? Life’s uncertainties, such as health issues or divorce, can also deal massive blows to these savings. But there's hope. The younger generation is tapping into the power of passive income.

Value your time over money. Money is replenishable – time isn't. Maybe you’re saving a few cents on gas but what's the cost of the time you waste? Making smart trade-offs is crucial. Envision the happiness that comes from outsourcing chores, giving you free weekends. This isn’t just about money; it's about freedom. Passive income, unlike active income, doesn't bind you to a desk. It's money earned without consistently trading your time. Sure, it requires initial work – building an online course, for instance. But once set, it's a stream that keeps flowing. From book royalties, like those enjoyed by authors such as Stephen King, to the consistent income from a well-managed rental property, the options are diverse.

As you mull over these income streams, consider their scalability, controllability, investment required, marketability, and, of course, passivity. Be strategic. Passive income isn’t about getting rich quickly; it's about building wealth that lasts.

So, as the traditional idea of retirement crumbles, and the norms of the 1950s fade, are you ready to pivot? Dive into the realm of passive income. The future isn’t about saving; it's about strategically earning.

At the heart of passive income through real estate are rental properties. You might think of homes, but have you ever considered generating income from storage spaces, parking, or even equipment rentals? Real estate offers three primary benefits: steady cash flow, appreciation in property value over time, and invaluable tax benefits. But diving in requires an initial investment. Newcomers are often advised to begin with their homes, converting them into rentals. A word to the wise though: don't stretch your finances too thin – over-leveraging can be disastrous. A crucial player in this game is the property manager. While they might take a small percentage of your income – around 8 percent – they can make your rental business virtually hands-off. Imagine managing over 100 properties, bringing in a significant annual passive income, all overseen by a reliable property manager.

I got a lot of ideas from this book, however I’m not exactly sure about how some of the strategies would look for me. I’m mindfully working on my plan in a realistic small steps approach.

My biggest take away:

FIRST U need clarity on your current financial situation. Understand your monthly expenses. Want to relocate or pick up a new hobby? Factor in those costs. Can't quite picture life post-retirement? Delve deep into passions and causes that resonate with you.

Next, look at how to initiate that first stream of passive income. Begin by examining where your hours go daily. Richards found that she squandered three hours daily on trivial pursuits like TV. You could discover pockets of time you never knew existed! As for funds, consider short-term sacrifices like forgoing a fancy dinner or that extra streaming service. Lay out all potential passive income avenues, but be discerning – strike off those that don't align with your skills or current resources. Writing was Richards’s strength, so publishing a book was a clear contender. Consider your priorities; if complete autonomy is your end goal, rank passivity at the top.

The journey to establishing passive income isn't devoid of hurdles, though. People are often, tripped up by their own limiting beliefs. Whatever the passive income path, there’ll always be self-doubt; fears of skill shortages or potential failures are common barriers. But here's the thing: most of these beliefs crumble under scrutiny. Say you have initial apprehension about investing. It’s always possible to start small, risking only $600, for example, and building your confidence from there.

The road to passive income demands dedication, consistent effort, and patience. It's easy to get discouraged, but remember what you’re doing it for. Whether it's that dream of sipping coffee in Paris or spending quality time with loved ones, keep your vision at the forefront. And don't rush to bid your job goodbye; ensure your streams can sustain your lifestyle first.

Building passive income isn't a walk in the park, but oh, the places it can take you! Embrace the possibilities, chart your course, and embark on the transformative journey from dreaming to doing. And who knows? Maybe we'll soon find you in that Parisian café, reveling in the life you’ve crafted.

I bought Rachel’s first book Money Honey about a year ago thanks to a friend’s recommendation and LOVED it. It helped me pay down my credit card debt within 7 months and begin building up my savings and investment portfolio. I’ve been following Rachel’s career ever since.

When she announced that she was writing a second book, this time about passive income, I was ecstatic. I am a young millennial and in my first year of my career, and I already know I don’t want to spend the next 40+ years of my life working at a desk all day.

I flew through this book in just a few hours and now I’m super excited to get started implementing what I learned from it. Rachel goes through a ton of passive income stream ideas – a lot of which I hadn’t even heard of before. She also tells you exactly how to evaluate each type and how to get started creating them so you know exactly what to do. I was worried that I wouldn’t be able to find a passive income stream that I could make work for me and my skills, but I was wrong. This is definitely accessible to anyone and everyone who is willing to put in some work up front.

My favorite part is about rental property. I thought you had to have a bunch of money to invest in rental property to get started but Rachel explained why that’s not actually true. I am now super motivated to finish paying off my student loans early so I can begin working on passive income streams. My goal is to build enough passive income in the next 5 years to retire before 30, just like Rachel did.

Seriously everyone can benefit from this book!!

On a scale of cotton candy to Brussels sprouts, Passive Income, Aggressive Retirement by Rachel Richards is your morning coffee. For most, coffee is an essential start to the day, and it makes everything go so much smoother.

Rachel Richards (@moneyhoneyrachel) decided to write a spunky take on becoming financially independent, and she shares how she did it before she was thirty. Relying heavily on her own experience while tagging in individuals with interviews about their own journey in different areas helps to flesh out the pros and cons of different types of passive income from coin-slot machines to real estate rentals. Finances don't have to be boring, and Rachel is out to show you that.

By purchasing Rachel's book on finances, I became a part of her passive income, and I'm not sorry. I'd pay that $2.99 again for her discounted eBook on finances because this was one of the easiest reads I've ever read on finances. She made it fun, and Rachel broke down the math in a way that was simple. While this book offers an overview, it's helpful because it's a starting point for pursuing other avenues of passive income.

If you're looking to increase your income but you aren't sure where to start, I suggest downloading Passive Income, Aggressive Retirement today. Rachel writes in such an upbeat way that finances became seriously interesting to me. Thanks, Rachel!!

“Imagine a world that makes no demands of you. You don’t have to worry about money. You don’t have to be physically present in any particular place.” This book is based on the premise of creating passive income which will allow you to pursue other interests. Time is money, and money is time. We live in a world where our life is ephemeral so why not do things you love? Today’s workplace is antiquated, most Americans are overworked and find their jobs to be monotonous.

Rachel Richards at the age of 27, left her cubicle to pursue other interests that she enjoyed. In this comprehensive and informing book, she lists a plethora of ways to generate passive income. While noting real estate to be her favorite, she lists other as well such as vending machines, book writing,etc. Rachel says that their are two phases when it comes to generating passive income. Stage one is the investment phase, and stage two is the sit back and do little phase. As a 20 year old, I’m definitely interested in creating passive income. Social security may not be around when I retire, something Rachel presented in the book. The nest egg theory is far fetched. I wish curriculum like this would be presented in educational institutions.

Money Honey spoke to a generation of young people who needed approachable financial advice. With Passive Income, Aggressive Retirement, Rachel Richards has leveled UP! This book has the same lovable, sassy tone as Money Honey, but the content is geared towards people who are already serious about their financial future and looking for the next step to optimize their life plan.

This book gives the essential details on precisely how to develop passive income streams. This isn’t a theoretical book with ideas on how passive income can be achieved. Rachel explains EXACTLY how to do it. She has first hand experience with several streams of passive income, and interviews experts on others.

I legit had to put this book down like 12 times to make notes because I was so inspired with ideas of applying this content to my own life and dreaming up ways to create my empire of generational wealth.

Enough reviewing for now. Please excuse me while I create my own online course, write a book, create downloadable content, start a vending machine business and also buy some rental properties. I am armed with the ammunition I need to do it all!

I'm Obsessed with Rachel Richards and her way of making all things financial seems so easy to understand! Her first book, Money Honey, was incredible and such an education in financial planning, saving money, and most importantly for me, paying down the dreaded credit card debt. So, when I heard she had a new book on passive income I JUMPED at the chance to get an Advanced Reader Copy. I have been looking for additional revenue streams (I love my job, and make enough to have a good living, but more money is more money!), to help pay down that debt and tackle my student loans. Rachel's "Passive Income, Aggressive Retirement" gave me everything I needed and more. She made things like social security and 401K, seem simple and relatable. I now have a laundry list of ideas on ways to increase my income, and I can't thank Rachel enough for bringing her books and ideas and writing style into my life. If you need a financial planning book, and are tired of listening to older people (mainly men) tell you what to do, Rachel and her books are like having coffee with a friend and getting the best advice you'd could hope for.

Not, going to lie....I thought I knew about Passive Income, but this book filled me in and gave me way more information than I ever knew. It also encourages and supports the reader in many ways to develop their own income streams without being self-promoting or overly-egotistical.

From explaining why we all need some passive income (her section on the demise of Social Security was legit amazing!!!) to details on how to get started in the five streams of PI, this book covers all the details on how to get started. I loved how Rachel gives real-life examples with her case studies and shares the good, bad, and ugly about starting different income streams. Such an easy read, not just for the millennial but for anyone who wants to break free of traditional employment settings. I'm 44 years old and my mind is blowing up with ideas on how to start. She is so encouraging, educational, and lighthearted. I highly suggest anyone read this!

I had no idea what kind of potential passive income held until reading this book. It was always something I heard about but never felt like it was a reality. Since reading PIAR, I look at money a completely different way. I am constantly looking for ways to make my money works for me instead of the other way around.

Rachel breaks down a variety of passive income examples and scores them each with her SCRIMP method. It's SO EASY to understand and to find the passive income that fits my lifestyle. But the best part isn't the education about each passive income she mentions, it's that she guides you with how to get started with your own passive income.

Whether you're just beginning with passive income or a seasoned veteran looking to get into something new, this book is the only one you will need.

This voluntary review is based on a complimentary pre-release copy. That being said, I've since bought the kindle edition for myself and a paperback edition for my brother!

Rachel Richards has done it again! Rachel’s first book Money Honey had such an impact on how I’ve shaped my financial future that I knew her second book was bound to have a similar impact. In Passive Income Aggressive Retirement, Rachel lays our 5 main categories for passive income: Royalty Income, Portfolio Income, Coin-Operated Income, Ads & E-Commerce and Rental Income. Although I already knew a little about Royalty and Rental income, the information shared in this book connected the dots for how I could really grow passive income into a serious income stream and start to accelerate my financial situation closer to retirement. I have no doubt this book will be a game changer for you in how you view and create a strategy for building passive income! With hard work and dedication anything is possible!

I received an advanced reader copy of “Passive income, Aggressive Retirement" from the author and I’m reviewing it voluntarily. I was so impressed that I already purchased a paperback copy of my own and one additional copy to share with friends & family.

As a millennial with my increasing adulting responsibilities, I was looking for an entertaining, easy guide and suggestions for improving my financial situation. Rachel has a way with writing that has it all. She is entertaining, informative and makes it feel as if you are reading advice from experience of a good friend. This book has it all, and it opened my eyes to so many new opportunities for income especially as I begin to search for my first home (check out the section on Residential Rental Properties). Highly recommended to those of any age!

"Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence" gives hope to those of us who feel like we're living paycheck to paycheck. The author tells how you can make something out of nothing (well, not *nothing* if you consider time and energy to be *something*), which means that anyone with a little grit and desire can build an income stream that isn't tied to a 9-to-5 gig. Rachel gives down-to-Earth, practical advice for so many different income opportunities that there's surely something for everyone. I'm going to start writing the book I've been thinking about, designing the online class I want to teach, and plotting ways to buy a rental property. I have a vision! Ha! Also, I work in marketing for a publishing company, and I learned things I can use on the job, so that was an unexpected bonus!

I read Rachel’s first book. Which I dearly loved there is so much information in the first book, as with this second publication. So much pragmatic creative information. I was never raised to look at money this way or even realize it was possible. The thing that stands out to me the most is as I’m sitting here reading this book I feel like I’m talking to her or sitting somewhere having coffee and that she’s like right there with me or in the living room with me it’s like being with a friend and chewing the fat. So as well as having such a valuable “financial Bible” —
We get to visit with Rachel find out what her new thoughts and visions are for the future of financial investment as well as you end up with a savvy new friend