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July 12, 2025

Welcome Back,

Happy Saturday, everyone! 🎉
Good morning! I hope you’re reading this with a comfy blanket, something tasty nearby, and zero urgency to check your email.

Today’s topic is one that sounds small but can make a huge difference: your first $1,000/month in side income.

It’s not about becoming a millionaire overnight—it’s about having an extra cushion. A bit more freedom. A financial buffer between you and life’s surprises. 💵🛟

And here’s the best part: It’s more doable than you think. Whether it’s a skill you already have, a passion you could package, or something fun you’re willing to try—everyone (yes, even you!) can build a little income stream on the side.

Let’s talk about what that could look like—and why it might just be the smartest money move you make this year.

Ryan Rincon, Founder at The Wealth Wagon Inc.

Quote of The Day

“Don’t be afraid to give up the good to go for the great.”

John D. Rockefeller

Market Update

*Market data represents the most recent market close at 5:00pm ET

Market Update: Wall Street slipped into the red today, weighed down by some tech drag and index fatigue. 😴📉

The Nasdaq eased down 0.22%, the S&P 500 lost 0.33%, and the Dow Jones pulled back the most, falling 0.63%—not a free fall, but definitely a step back.

Bitcoin didn’t get the memo though—it surged 1.57%, flexing its resilience.
Gold and Silver also made solid moves, rising 1.34% and 4.74% respectively. Silver clearly took the shine today.

Big tech was a mixed bag:
Meta tumbled 1.34% and Apple dipped 0.59%, suggesting some investor hesitation.
Microsoft, however, squeaked out a 0.37% gain—steady, not flashy.

So while the indexes cooled off, crypto and commodities kept the heat up. If you were holding Silver or Bitcoin, you likely ended the day with a grin. 🟢💰

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Business

Ferrero Buys Froot Loops Maker in $3.1B Mega Deal
Ferrero, the Italian confectionery giant known for Nutella and Ferrero Rocher, has scooped up WK Kellogg for $3.1 billion. This gives them the rights to household cereal names like Froot Loops and Frosted Flakes. It's Ferrero's 21st acquisition—clearly, they're hungry for more than just chocolate.

Jamie Dimon Warns: Markets Too Chill About Risk
JPMorgan CEO Jamie Dimon says Wall Street is way too relaxed. He’s pointing to rising interest rates, geopolitical shocks, and overvalued tech stocks as flashing warning signs. Dimon’s basically waving a giant red flag and saying, “Wake up!”

Stock Market Dips As Investors Digest Tariff Threats
The Dow dropped over 200 points while the S&P 500 and Nasdaq wobbled. This comes after Trump's fresh 35% tariff threats against Canada rattled global markets. Investors are retreating to safer ground as uncertainty spikes again.

Government

Secret Service Suspends 6 Over Trump Assassination Attempt
Six Secret Service personnel were suspended following the incident involving an attempt on former President Trump’s life. Officials are conducting internal reviews to tighten security protocols. It's a serious moment prompting deep scrutiny of national security practices.

Trump Taps MAGA Star for Diplomatic Post, Eyes Senate Test
Trump has nominated a high-profile MAGA supporter for an overseas post, putting Senate Republicans in a tricky spot. It’s being seen as both a loyalty test and a way to stir the base. This move could spark fireworks during confirmation hearings.

Arizona Special Election: What You Need to Know
Arizona’s gearing up for a special congressional primary, and the results could ripple into the 2026 cycle. The seat could flip, and both parties are going all in. Expect heavy campaigning, big ad buys, and lots of national attention.

World

Europe Cracks Down on Trafficking, 1,200 Rescued in Sweeps
A coordinated EU-led effort across multiple nations busted trafficking rings and rescued over 1,200 victims. Authorities made 158 arrests during the operation. It’s a rare good-news headline in global human rights enforcement.

Yemen's Huthis Renew Red Sea Attacks, Global Trade Jolted
The Huthis are back at it, attacking shipping in the Red Sea and threatening one of the world’s busiest trade routes. Military leaders warn of escalating risks in the region. Insurance rates for ships have already jumped.

Airstrike Hits Myanmar Monastery, Over 23 Dead
A tragic airstrike hit a Buddhist monastery in Myanmar, leaving more than 23 people dead. The attack is part of escalating violence in the region. Global leaders are condemning the strike and calling for immediate humanitarian aid.

Finance

Bitcoin Rockets Past $118K, Smashing All-Time High
Bitcoin surged past the $118,000 mark for the first time ever, thrilling crypto fans everywhere. Analysts cite global risk-on sentiment and ETF inflows. But remember: what goes up like a rocket... might also tumble like one.

401(k) Investors Flee to Safe Havens in Q2
A huge chunk of retirement savers moved assets to bonds and money markets. With stock market volatility rising, many are taking shelter. It's a sign that risk aversion is back in style for cautious investors.

Silver Hits Highest Price Since 2011 Amid Uncertainty
Silver is having a shining moment, climbing to highs not seen since 2011. Investors are piling in as a hedge against inflation and currency instability. Some are even calling it “the poor man’s gold”—but don’t sleep on its value.

Science

Florida Students to Chat Live with Astronauts in Orbit
A group of Florida students will get to ask astronauts real-time questions aboard the International Space Station. It’s part of a NASA outreach program to boost STEM education. Space fans, get ready for some adorable and curious questions!

Solar Sail Tech Could Save Earth From Space Storms
A spacecraft equipped with a solar sail could help warn us earlier about solar storms. These storms can knock out power grids and satellites. The new tech could be our early-warning superhero in space.

Ancient Church Discovery Sparks Buzz in Archaeology World
Archaeologists unearthed a 5th-century church with inscriptions meant for early Christians. The site could reshape what we know about religious migration and architecture. History lovers are geeking out—Indiana Jones would approve.

Today’s Snapshot

The First $1,000/Month Side Income: Why Everyone Needs One (Yes, Even You)

Hey friend 👋

Let’s talk about a number that doesn’t sound that sexy, but is secretly a total game-changer when it comes to money, freedom, and peace of mind.

That number?

👉 $1,000/month.

Not $10k.
Not $1M.
Just a clean, simple, reliable $1K.

Coming in every month. On top of whatever you already make.

You might be thinking, “That’s not life-changing money.”

But oh… it kinda is.

Let’s break down why everyone — from 22-year-old side hustlers to 52-year-old execs — should build their first $1K/month of side income as soon as possible.

💡 Why $1K/Month is the Sweet Spot

Here’s what an extra $1,000/month can do:

  • Cover rent or mortgage

  • Eliminate debt way faster

  • Fund a vacation (or 3)

  • Max out a Roth IRA

  • Buy back your time (hello, grocery delivery + help with chores)

  • Take pressure off your 9–5 or business

Even better?

It’s usually the hardest and most important financial milestone to hit.

Because it teaches you how to:

  • Package your skills

  • Market something valuable

  • Deliver results people will pay for

  • Handle money that’s yours, not from a paycheck

And once you can make $1K on the side…
You can usually scale to $2K. Then $5K. Maybe more.

But that first $1K? That’s the unlock.

🛠️ “But I Have a Job/Business Already…”

Totally cool.

This isn’t about quitting your job (unless that’s the goal).
It’s about building leverage. Options. Breathing room.

Let’s say you’re a high-performing exec making $150K/year. Great.

Wouldn’t it feel better to know you’ve got an extra income stream that doesn’t depend on:

  • Your boss liking you

  • Your company staying afloat

  • The economy staying perfect

Because no matter how good your job or business is, things can change fast.

And if you’re not currently earning much yet?
That $1K/month could be your entire launchpad into the next level.

🚀 5 Realistic Side Income Ideas That Actually Work

You don’t need to be the next Elon or go viral on TikTok.

You just need something simple, valuable, and consistent.

Here are five beginner-friendly ideas that can get you to $1K/month in 3–6 months (or faster):

1. Freelance a Skill You Already Have

  • Writing, design, editing, social media, web stuff, etc.

  • Offer one clear service on platforms like Upwork, Fiverr, Contra — or better yet, through your own network.

💬 "I’ll write your newsletter for $300/week."

2. Sell a Digital Product

  • Templates, guides, Notion dashboards, email sequences, planners, etc.

  • Takes effort to build, but you can sell it forever.

💬 “I made a Notion template for small biz owners — $39 and yours forever.”

3. Local Services, But Modernized

  • Dog walking, tutoring, resume help, Airbnb co-hosting, personal shopping.

  • Use tech + good branding to stand out and charge more.

💬 “I help busy professionals find better apartments — $500 flat fee.”

4. Teach or Coach Something You Know

  • Career coaching, personal finance tips, mindset, cooking, whatever you’re into.

  • Group Zoom classes or 1-on-1s via Calendly + Stripe.

💬 “4-week workshop: Learn to invest your first $1K — $97.”

5. Flip Something (Easy Wins)

  • Books, clothes, electronics, furniture.

  • Buy low, sell higher on Facebook Marketplace, eBay, Poshmark, etc.

💬 “Made $400 last month flipping thrifted sneakers. Weird but it works.”

🧠 Mindset Shift: Stop Waiting for “Perfect”

Most people never start because they’re waiting for the perfect idea, brand, or timing.

Spoiler: perfect doesn’t exist.

Start messy. Start small. Start anyway.

Because even making $200/month is a huge win. And it builds the momentum that gets you to $1K.

🧮 The Math: How to Hit $1K/month

Let’s make it real. To earn $1,000/month, you could:

  • Sell a $100 product/service to 10 people

  • Or $250 to 4 people

  • Or $500 to 2 people

  • Or $1,000 to just ONE person (totally doable!)

It’s not magic. It’s just math + momentum.

🏁 Final Thought: Your Safety Net is You

Building a side income stream isn’t just about the money.

It’s about proving to yourself that you can create value, solve problems, and earn outside the system.

Whether you’re broke, burnt out, or ballin’ — your first $1,000/month of extra income is a milestone worth chasing.

Because when you hit it?

You stop feeling stuck.
You start feeling powerful.
And everything changes after that.

So go get it. Start small. Stay scrappy. Keep it simple.

Your future self will be so glad you did.

Fun Stuff

🏢 Guess the Company

Clue:
Started as a delivery service in San Francisco, it evolved into one of the most well-known ride-sharing companies in the world. It went public in 2019 — and has since delivered both rides and controversies.

🕰️ Financial History: What Happened Today?

July 12, 2015:
Greece missed a key IMF loan repayment, causing global markets to shake.
It was a defining moment in the Eurozone crisis and highlighted the interconnected fragility of global economies — even when the spotlight is on a small country.

🌀 Wild & Wacky Business Fact

Nike’s "swoosh" logo was created for just $35.
A design student named Carolyn Davidson came up with it in 1971. Years later, she was rewarded with stock — now worth millions.
💡 Proof that value isn’t always obvious at first glance.

🤔 Would You Rather

Would you rather…

  • Be a co-founder of a company that IPOs, but you leave before the big payday,
    OR

  • Run a small, profitable company for 30 years and sell it quietly for $10 million?

(Fame vs. fortune — which path feels like a win to you?)

*Answers at the bottom

Thought of The Day

Everyone talks about “going viral” — but the real edge is compounding quietly.
Slow, consistent momentum often beats loud, fleeting wins.

Answers

Guess the Company - Answer: Uber

That’s All For Today

I hope you enjoyed today’s issue of The Wealth Wagon. If you have any questions regarding today’s issue or future issues feel free to reply to this email and we will get back to you as soon as possible. Come back tomorrow for another market update, and snapshot. I hope to see you. 🤙

— Ryan Rincon, CEO and Founder at The Wealth Wagon Inc.

Disclaimer: This newsletter is for informational and educational purposes only and reflects the opinions of its editors and contributors. The content provided, including but not limited to real estate tips, stock market insights, business marketing strategies, and startup advice, is shared for general guidance and does not constitute financial, investment, real estate, legal, or business advice. We do not guarantee the accuracy, completeness, or reliability of any information provided. Past performance is not indicative of future results. All investment, real estate, and business decisions involve inherent risks, and readers are encouraged to perform their own due diligence and consult with qualified professionals before taking any action. This newsletter does not establish a fiduciary, advisory, or professional relationship between the publishers and readers.

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