Believe it or not, Michelle Schroeder-Garner is on track to make $1 million this year from traveling and blogging. How is that possible? Your Cheddar host Tim Stenovec explores how digital ads and affiliate marketing helps Schroeder-Garner earn more than $100,000 a month.
Schroeder-Garner publishes her monthly income statements in an attempt to be transparent about her finances. She also says it's a good way to hold yourself accountable throughout the month. It allows you to see when you're spending too much and what you need to adjust. But how does she make $100,000 a month? Schroeder-Garner explains that she endorses about 10 core products and a few outliers on occasion. She also works digital advertising into her blog.
Plus, Schroeder-Garner talks about living a minimalist life. She travels the country in an RV and thinks very thoughtfully about every purchase since space is an issue! She also reveals that she and her husband invest 90% of her take-home pay. Schroeder-Garner reveals the key to passive investing and explains different ways to make extra cash.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
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