After an exhausting six month job search during the worst economic crisis since the great depression, I had yet to get an offer from any of the crappy office jobs I was applying to. Even the temp agencies in Boston, which assured me there was work, found me nothing.
I was scraping by on rent, eating away at my already small savings, and racking up a huge credit card balance. I even had to cash out my 401k from my job in LA. After aboutsix months of this, my attitude had shifted from humbled, to humiliated, to basically indifferent about the whole job hunt process. It wasn't until then that my brother approached me about going into business with him.
He was running a successful IT company (think GeekSquad but local - and better priced :D) and had more clients than he had time. I have a computer background, so it was a perfect fit.
I've actually been able to work only part time, but keep my overhead so low that I'm making more profit and saving up more money than ever before. My credit card is paid, and I've started (modestly) rebuilding my emergency fund.
I also have a few goals for making some digital passive income. Not only can technology help us trim the fat from our expenses (like the Roku box), it can actually MAKE us all consistent passive income.
Right now I'm making about $50 a month online. To get a full breakdown on where that's coming from, and how I plan on expanding it, check out my new series of posts, called Digital Passive Income.