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[kayode10]

Last month, I acquire a book about personal finance and I learnt a lot of things from it.

I learnt that it is good to develop a money mindset in order to stay afloat in this present economic of the world.

One source of income is not good you enough in this present economy. The reason is that inflation keep rising eventually on a daily basis.

In order to beat the inflation, it is good to have multiple streams of passive income. So I want to ask that what are the best ways to generate passive income you know.

 

[Deyiang]

Having multiple source of income is good because the stress and burden of financial crises will be reduced.
Yesterday I just invested in platform that promise to pay $1 everyday though it is a mining site that has been there since 2022.
Once I start receiving my $1 I will come here and brag.
Though they can pay more all depends on your start up packs
After 20 days you rent it again then you have collected double of your money.
Passive income is good I think affiliate marketing can be the real source of passive income

 

[Riberet19]

Well, the fact of the matter remains that there are many media websites that have been highlighting how "dangerous" BRICS could be. However, I think that the news reports related to "decline" of dollar are really exaggerated if you ask me.

The point is that those who are being more alarming in these according to what I have been observing are the magazines and business channels themselves at least those of my country, and these do not usually have a political bias, they simply analyze the economy and if they have to criticize something they criticize it regardless of their ideology, and do not stop mentioning the fall of the dollar, I do not know what all this is due to, by the way by June 1 in the US as they do not raise the debt ceiling, the country could fall into default.

 

[Rina2]

A wonderful approach to get money without actively exchanging your time for cash is through passive income. Rental income, dividend income, peer-to-peer lending, affiliate marketing, digital products, and stock photography are some of the ways it can be made. Once established, it can generate a reliable source of income with little ongoing work, but it does require some initial effort.

 

[Margery]

Affiliate marketing is a form of internet marketing where a company rewards affiliates for bringing in new customers or sales that were made through a unique affiliate link or code. Partners may be the owners of blogs, websites, social networks and other online platforms on which they publish content and advertise goods or services of the partner company.

 

[Ben Kempton]

The point is that those who are being more alarming in these according to what I have been observing are the magazines and business channels themselves at least those of my country, and these do not usually have a political bias, they simply analyze the economy and if they have to criticize something they criticize it regardless of their ideology, and do not stop mentioning the fall of the dollar, I do not know what all this is due to, by the way by June 1 in the US as they do not raise the debt ceiling, the country could fall into default.

The fact remains that I must say that the US dollar is just stable, regardless of what "BRICS" intends to do. One YouTube channel creator exaggerated the "power" of BRICS in the world economy. I have attached a screenshot of strength of US dollar and it seems like the dollar is stable, indeed.

 

[Player1]

I heard someone said they can make passive income through running a school. I do not really have much interest in schools though, for me i prefer real estate business. It has always been one thing i want to invest in.

 

[Sammydan]

YouTube can't be included in passive income because it requires constant work , passive can be the income coming from one time investment or work , you may disagree if you wish ...

You are right, youtube cannot be regarded as passive way of making money online because it requires constant work. If you're not active in running your youtube channel, it'll drop down the pecking and won't generate much review again which leave to little or no income generated.

 

[AndreD]

YouTube is the best passive income source if you put your effort, passion, and consistency then it would be one of the best passive income sources you would have.

I can only see having YouTube channel and blog as a passive income if the blog has a huge stable vistors and income as a stable income. Because now i have the two but don't earn from them. And moreover anything can happen to our AdSense account anytime and lose it.

 

[Rina2]

Building various passive income streams is a smart strategy to increase financial security and fight inflation. Examples include mutual funds, rental properties, peer-to-peer lending, dividend-paying equities, royalties, affiliate marketing, digital products, index funds and ETFs, and other financial instruments. It's crucial to do extensive study, evaluate the dangers, and handle your finances with care. To make sure your investments are still producing income and are in line with your financial objectives, they may need to be periodically monitored and adjusted.

 

[natalikim]

There is a new program that trades on the stock exchange for you at the expense of artificial intelligence, there is an opportunity to participate in the beta test, I can share a link to the beta test.
They also pay for bugs found in the program
Write me

 

[AruneBend]

Investing in real estate is very profitable but also very expensive; you need a lot of capital. As for myself, I do not make any passive income, at least not now.

 

[Utsab528]

Honeygain app is the best passive incame https://r.honeygain.me/USSIN9DE0C

 

[Margery]

Investments. One of the most popular ways to earn passive income is through investing. You can invest in stocks, bonds, real estate, funds and other financial instruments. Investment income can be in the form of dividends, interest, or growth in the value of assets.
Real estate. Buying and renting real estate can be a good source of passive income. You can rent residential or commercial properties and earn regular rental income.

 

[Japhnet]

There are a few different ways to generate passive income, but some of the most popular methods include investing in real estate, dividend-paying stocks, and high-yield savings accounts. Real estate investing can provide a steady stream of income through rental properties or Airbnb, while dividend-paying stocks can provide regular income from companies that pay out a portion of their profits to shareholders.

 

[Mosesuwa]

There's nothing like 'best way' to earn passive income. You just have to find one way and make it the best way.
Learning skills like programming, graphic design and web design is not a bad idea, you just have to find the one that resonate with your interest and devote your time to making it a reality.

 

[Kunlee1]

Passive income are ways of earning income like a side hustle with your Normal job
You can try rental properties, selling online course, taking tutorial online in courses like mathematics, statistics and physics, etc.
Another thing you have to put in mind is to be consistent.

 

[Wisdom01]

Passive income are ways of earning income like a side hustle with your Normal job
You can try rental properties, selling online course, taking tutorial online in courses like mathematics, statistics and physics, etc.
Another thing you have to put in mind is to be consistent.

i believe passive income can be a smart way to earn money on the side, especially if you have a regular job. Rental properties, selling online courses, and tutoring are all great examples of passive income streams