Denis O’Brien is a Chartered Accountant who is passionate about money and personal finance. Along with his wife Katie Welsh, they run Chain of Wealth a personal finance blog and podcast that inspires millennials to openly talk about money and tackle their financial issues. Together Katie and Denis have paid off $200,000 of debt in less than 2 years and they inspire others to reach their financial dreams by creating easy to understand resources. Chain of Wealth has been featured in USA Today, Nerd Wallet, Rockstar Finance and other publications. In this episode, Denis shows us how he has set up different passive income streams to reach his goals and how you can too!
In this episode we cover:
- What is a side hustle?
- Why people should consider multiple income streams
- The difference between side hustles and passive income
- How to convert an active income stream into passive income
- How passive income helps build wealth
Passive Income: Ideas For Setting Up Multiple Streams of Income – Chain of Wealth
The Millionaire Next Door by Thomas J. Stanley and William D. Danko
The Side Hustle Show by Nick Loper
Freelance Friday Podcast by Latasha James
School of Ambition Podcast by Dielle Charon
Do You Even Blog by Pete McPherson
Our Favorite Investment Apps:
Acorns – Acorns helps you invest your spare change automatically. Get $5 by signing up today.
Robinhood – Invest in stocks, ETFs, cryptocurrencies commission-free right from your phone or desktop.
Stash Invest – A micro investing app which helps you learn, save and invest.
ChangEd – Analyzes your spending, collects your spare change and puts it towards your student loans.
Connect with Denis O’Brien:
Facebook Group: Chain of Wealth – Invest in Your Future
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