8 Easy Ways to Earn Passive Income | passive income | #Easy #Ways #Earn #Passive #Income | 2022
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July 14, 2023#Easy #Ways #Earn #Passive #Income , 8 Easy Ways to Earn Passive Income | passive income | Make a living online | 2022
8 Easy Ways to Earn Passive Income
#Easy #Ways #Earn #Passive #Income
8 Easy Ways to Earn Passive Income
8 Easy Ways to Earn Passive Income
Passive income is an excellent way to bring in some extra money while you’re focusing on other important things. Passive income can be generated while you’re at work, while you’re on vacation or it could be just how you fund your retirement lifestyle. Income being made while you’re not actively working for it can allow you to pay your bills so you can retire. Some believe that passive income only comes through simple, common and traditional sources but there are many creative ways to make some extra money that you might not think of. These are some ways that you can easily generate at least $500 per month passively.
passive income
8 Easy Ways to Earn Passive Income
Passive income is an excellent way to bring in some extra money while you’re focusing on other important things. Passive income can be generated while you’re at work, while you’re on vacation or it could be just how you fund your retirement lifestyle. Income being made while you’re not actively working for it can allow you to pay your bills so you can retire. Some believe that passive income only comes through simple, common and traditional sources but there are many creative ways to make some extra money that you might not think of. These are some ways that you can easily generate at least $500 per month passively.
48 Comments
Man, all these videos from Chris Invests make me feel like such a loser. The kind of numbers he throws around to analyze a "regular Jane" ($60K in your brokerage account to start??) feel like the next level of gaslighting. 🙁 But anyway, not his problem that I've only paid my debts off 3 years ago, and didn't start investing till right after the summer of the 2020 pandemic. Let me repeat that: "RIGHT. AFTER. the summer of the 2020 pandemic." I was a fresh young 42 year old. This post has been written to raise awareness that us mid-40s fulltime + gig working suckers exist, have great budgeting habits, and just can't even get to the STARTing point of what these videos suggest as 'humble beginnings' from which if we only patiently and consistently wait and try, we'll be in the foreseeable future rewarded.
I have rentals, but I always think of, billboards, laundry, self car wash, vending machines, storage units, boat car storage, multi family housing, all great ideas.
Rental properties have tax benifits as well, you get to depreciate over 27 years, while it generally appreciates.
I have been making massive profits investing in the financial market since i started investing with Mrs Amanda Maxwell she is exceptional
I have been making profit of $8000 every week from eighteen different stocks which I have been trading from January till date, your analysis is good but trading this stock would increase your equity
how can we protect ourselves from online webscams and why isn't the Better Business Beauro able to remove scams from the internet ?
Commenting for youtube algorithms3
I live in nyc and trust me there is a lot of people don’t like to pay there rent.
Wow that's good
You can always put back 500 dollars or saved 500 dollars every month or every 2 weeks into your savings account.
My advice to everyone is to invest in cryptocurrencies especially Bitcoin as it may rise higher than this very soon and you will wish you didn't miss this opportunity
You can buy containers and rent them out. You can buy supplies and tools and also rent them out. You can get a self drinking water dispensary where people pay quarters for gallons of water all work you have to do is change the water filter daily and take the quarters. You can also buy and rent vending machines to government businesses and offices like police stations. If you know the business you can rent out chain link fences and toilets to construction sites or special events it sounds dirty but your job would be an executive position mostly securing the contracts and finding the people to do the labor. You can also invest in a software program that for example process out parking tickets and subcontractor it to a municipality by bidding on it, so pretty much all is an idea until you secure the contract then you develop or outsource the software. Some coffee shops or ice cream dairies actually rent out the machines because that protects them from liabilities.
I watch a ton of educational videos & you are one of the best channels out there for education about finances. Thank you for what you do.
WOAHHH DO NOT LOANS MONEY TO FAMILY AND FRIENDS. NEVER. You’ll never get it back it’ll destroy the relationship
$500 a month is weak though. That's not gonna go anywhere.
It can be done. I invested $1,000 in my friends business where he was flipping comic books. He paid me $1,000 per month for like 2 years until he moved on to other things. Investing in other peoples successful or growing small businesses for a share of the profits can be a good way to get an outsized monthly return.
Let me grab my notebook
I am getting lots of cricket sounds from all the crypto lovers. I personally think anyone who’s interested in easily multiplying funds should consider buying the dips of most altcoin, this is an opportunity to get in.
The problem with these is you need money to do them and in today’s economy saving money is nearly impossible. Most jobs are set up to only get you from paycheck to paycheck. 😔
That parking space makes perfect sense! Definitely need too check that out once my roommate leaves
It's almost like you don't realize dividends aren't a free lunch.
Money is everything
Thank you for your time and knowledge
I dont really feel index funds come off as a good passive income, they're more like a retirement fund considering the compound interest.
Dividends are pretty enticing for indovidual stocks though.
I would love to make extra per month. You have to have money to invest. They poor get poorer.
Here’s a non traditional way I make passive income: I manage three airbnbs that my EX girlfriends mom owns. LOL. I started all three of them when we were together and I earn about 40k a year on them now doing almost nothing but messaging guests and coordinating with cleaners. I feel very lucky to be in this situation and to have an ex that is an awesome friend that didn’t kick me out of the game.
Be a drug dea**r
Spend $100 for 10 months on 10 crypto currencies in hopes they go 1000x. Rinse and repeat every 10 months until you’re RICH, BITCH!!
Awesome cool mane yeaaa
step 1 be rich already
I'm 23 and have around $6k in stocks thanks to Tesla, and have been losing money from my $3k in savings since I moved into my current apartment. I can't even buy my own house, let alone rent out properties.
Lmao a single bedroom would be probably 150 ,😆
Work for the government, get injured, yuck it up when you see the doc, boom 100% disability for the rest of your life, or until the government collapses 😂
Great video man 🤟
Another way for passive income is selling covered calls or cash secured puts
I just wish we could sell organs. Im so broke these wont work for me. I work in furniture but the market and supply chains are devastated. So i need to find ways to make money on the side ughh this is so hard man
Great ideas Chris…i need to start making more videos myself..👍
Scam comments
Nice video! I was able to build a big income stream during the covid-19 pandemic investing with a professional broker, Mrs Mary Patricia Henderson.
This a scam?
Most of these examples aren't "easy ways" to generate passive income when people generally don't have $30k, $50K or more laying around to invest.
I trade on a platform with a guidance of a broker Mrs Regina peters. She brings me massive profit
I have over 270k in Vantguard and I'm not earning 500 per month. This is misleading
Checking account bonuses, credit card bonuses are killer "passive" way to earn $200-500 a month.
Good ideas, about the properties an alternative is REITs, that allow you to own real states without having to manage anything on your own and diversify in multiples sectors without having to actually buy a property. I made a video about REITs that explain how it works.
Passive income is great!!!!!
Only fans? 😂
Great ideas!