Each year, as the Christmas cookies become stale, and the constant food coma caused by the endless holiday feasting gets old I am tempted to add “exercise more” to my list of New Year’s resolutions while I sit on the sofa in my stretchy pants and okay an old Christmas cookie.

In my 20s, all I had to do was take advantage of the New Year’s euphoria to find a yoga class and purchase a membership to use the gym, get out my workout gear and block out the time in my flexible schedule for the weekend. Nowadays, weekends aren’t as free-ranging. There are no more days of waking up at noon, catching up with friends for brunches on the spur of the moment drinking bottomless mimosas, and sleeping in until later in the afternoon Netflix marathons (well, in reality, it was the days of DVD marathons, however, you get the idea). Today, my desire to get out of the home once a week means that I must actually make time to research yoga studios in the city. If I make it this far then the next step is to figure out the childcare issue and arrange a class at a time that my husband won’t require his car and also force myself, for a half hour or so, not to be thinking about dishes which need to be cleaned out, laundry that must be folded, bills that have to be paid and toys that must be taken care of to allow me to leave the house, concentrate on my class or (gasp!) perhaps even enjoy myself.

There are many factors that stand between me saying I’d like to work out more and being able to actually do this regularly. BUT! Today, I have an advantage over myself, who was twenty years old. A major advantage.

Spending Money as opposed to. Creating Passive Income

In my twenties, used to pay for my yoga pass with my savings. I would work, get a paycheck and use a part of the money to pay for yoga classes. So, in the event that I decided to go to classes in yoga, I would be forced to sacrifice other things, such as going out to eat, or I would be able to save less money. Today, I’m blessed with the financial acumen to afford Yoga classes as well as childcare, as well as a little breakfast break afterward, All at no cost. Yes, I’m able to accomplish all of that without having to withdraw one cent from my savings accounts. Are you skeptical? I’m not going to blame you. It’s kind of gimmicky for me as well. However, I hope you will put aside your doubts for a minute. Let’s begin by adding the items really quickly. The Class Pass which will allow me to attend around 4 classes per month is $49 in San Francisco. In addition, there is the expense for 2 hours of babysitting for $20/hour (i.e. the total cost is $40) and breakfast to just $30 (roughly thirty dollars). For a month, that works at $49 Class Pass plus ($40 babysitting per week x 4 weeks) plus ($30 brunch for 4 weeks) that’s $329 for the month. It’s $329 for a Yoga class per week followed by a private brunch and two hours of childcare so that I can avoid the guilt of having to leave my children at home with me for two hours each week, while I relax.

The 20-year-old me would have put that money on the debit card and then spent the sum of $3,948 over the period of the year, not even thinking about it. Yes, I can still do that in the present, but it would mean that I’d be left with $3,948 less at the close of the year, which is a significant amount of money. My present self is smarter than me. My current self is aware of the term “passive income. In addition, my current self is aware of how to earn passive income. In other words, I am aware of how to pay for yoga classes with no cash out of pocket. Let me stop here and think about the phrase “passive income” for a second. Through time, I’ve encountered the idea of passive income and its attractive appeal repeatedly. I even tried opening the doors of my personal Etsy shop (too many hours of work and not as enjoyable as I imagined it would be) I’ve also tried part-time jobs (which were, it turns out, aren’t passive) I also tried Investing in Rental Properties / Houses (way more labor-intensive than I imagined). Through a lot of experimentation and trial, stepping out on limbs, and taking risks of faith, I have found an income stream that I’m able to enjoy by investing in Real Estate Syndication (i.e. Real Estate Investment Groups).

Investing in Real Estate Syndication

If I invested $50,000 in such an investment in multifamily property syndication that has an anticipated annual cash-on-cash rate of 8 percent, I’d receive a check for cash flows of $333.33 every month for a total of $4000 per year.

The $333.33 is precisely the amount I’ll need for my yoga and childcare plus brunch times. That’s pretty cool. When I reach the time of the year’s end, my $50,000 investment remains there, and I’d continue to receive the $333.33 check each month until the expiration of the syndication hold period (typically five years) at that point, I’d be able to get my $50,000 back plus an amount of the proceeds made from selling the business (say that it was $25,000 or that). That is, in addition, to be able to pay for my yoga classes at no cost, I’d also have an amount of money when the investment is sold which I could later roll into another investment or use towards my children’s college savings or renovate the kitchen.

Conclusion

In my twenties, if I needed to purchase something, I would save money and then pay using cash, since I believed that was the only method to pay for things. This is what my parents used to do, and it’s the way they taught me to follow, which is why I thought it was the only option. Now, I’ve discovered an entirely new avenue. If I’m looking to purchase something, be it a yoga class, a brand-new vehicle, or a family vacation, I look for ways to make it happen using passive income. In this way, we are able to increase the wealth of our families and live the life we’d like.

Vairt is crowdfunding platform for investing, tokenizing and liquidating real estate assets through Blockchain. Once you are ready to make an investment, you can make an investment in less than 2 minutes. Sit back and relax as your property gets funded. Vairt analyzes property investment opportunities using a 100-point proprietary screening tool and independent third-party market data to assess the investment attractiveness of each property. We give you the opportunity to invest in real estate for as little as $5000. All properties on our platform are listed for 30 days to give investors ample time to raise funds.

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