/biz/ - Business & Finance

Passive Income Thread?

I'm a literal autistic brainlet when it comes to economics. Can you explain what is money and how it is created ? Why do we say that every dollar is backed by debt ?
Serious question

How the fuck are you supposed to make money? I'm so sick of being poor.

How much did /biz/ owe or receive back on their taxes this year?

....you DO have your taxes done by now, right?

hey biz i need your help, im getting my paycheck tomorrow and as usual am going to throw a large portion of it into crypto. I want to buy a big chunk of eth. Is tomorrow the right time to purchase or will the price drop over the weekend?

Hey guys, newbie question here. What makes DOLLAR value of coin go up? I mean, I bought ETC at .0029 and now its at .0032 but im at $ loss but at BTC profit. Thank you!!

Where besides coinbase can I buy coins with fiat? Their 5k weekly limit and waiting a week until the money is in my account is killing me

I hate having fiat money. Holding cryptos is so comfy compared to having money in bank account. I wish I would have more to invest in cryptos.

I'm fucking desperate, /biz/ like seriously. I'm 22, almost 23. Dirt fucking poor. I work a shitty part time job at McDonalds. I work 6 days a week, and only get maybe 25-28 hours a week. I'm almost in tears every night. I'm depressed, because i'm poor. I'm also ~7k in debt.

I got in debt like this because of stupidity. A lack of food in the house caused me to order out all the time. I didn't even let it click in that the $40 here, and $35 there would eventually add up. I have a bad addiction to video games, too. I spent so much on Steam, and other stores only to never touch the game.

My work at McDonalds is seriously stressful. They know I work hard, and take advantage of that. So I might work only 3-4 hours a day, but i'm pushed like i'm working 8. I always get the shit end of the stick, and end up working shifts that are SEVERELY understaffed. I'm on the Ontario Job Bank every day, looking around my area, even 2 towns over, for a new job. I make 11.75/hr right now. I'm too beta to say anything about the hours I work.

My mom charges me $400 a month room and board. Normally this isn't too big a deal, as thats about 3/4ths of a paycheque, but when my entire second paycheque in a month has to go towards my credit cards to pay them back, it's difficult to save money. And if I can't save money, I can't invest, or work towards finishing my education ( I wanted to study to become an electrician. I did a fundamentals course to help me figure out which skilled trade I wanted to do. I got into it basically for free from grants, bursaries, and scholarships.)

I've smartened up a lot, though. I got a bank loan, with a fairly low interest rate, of 8k to pay off both my cards. This way i'm paying less in interest in the long run. I've realised that groceries are ALWAYS superior to eat-out, and that cooking isn't that hard.

Question time: I need to make some money from home. No dick-sucking. I have a terrible gag. And yes, I tried that. Up for anything else

I need a way to make money online asap. Something that doesn't require any personal info besides Paypal/email/bitcoin wallet/etc. I just need money to prove I'm not a total looser to my parents. I can write and do basic computer shit.