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If you are looking for passive income ideas and want to make an extra $1,000 per month (or more) then this video is for you!
▶︎▶︎▶︎ Download our free PDF: 14 Passive Income Ideas You Can Start TODAY
https://www.goodfinancialcents.com/passiveincome
Here’s one thing you need to realize about passive income though….
It takes WORK, HUSTLE, GRIT, PATIENCE, and PERSEVERANCE to generate significant passive income.
Don’t fool yourself and think that sustainable passive income can be generated overnight.
▶︎Resources Mentioned in this video:
? Peer to Peer Lending with Lending Club:
https://www.goodfinancialcents.com/resources/lendingclub-youtube-passive.php
Investing with Betterment:
? https://www.goodfinancialcents.com/resources/betterment-youtube-passive.php
Real Estate Investing with Fundrise:
? https://www.goodfinancialcents.com/resources/fundrise-youtube-passive.php
In my experience, generating passive income successfully, first requires a mind-shift to believe that it’s possible. For most people, this is a mental hurdle they can’t overcome.
Lucky for you, that’s not YOU!
Generating passive income is a “real thing” but it does take TIME and a whole lot of hustle.
Once you get the systems in place that’s where the magic happens.
I’ve been fortunate to connect with entrepreneurs and business owners across a myriad of industries that have cracked the passive income code.
Some generate 5 figures per month. Others generate over 6 figures per month! Let that sink in for a minute.
Over $100,000 every single month and it’s entirely passive.
If building a residual income stream is something you’re interested in, then this video is for you.
Here’s what you’ll learn in this new video:
▶︎The exact 8 passive income ideas that I use to generate over $50,000 per month plus 3 more (with real life examples)
▶︎How to generate passive income without any experience or having to invest money into another multi-level-marketing scheme
▶︎The simple platform I use when I don’t want to invest in the stock market and still generates solid returns (idea #4)
▶︎How one mom quit her corporate job to start an online business that made over $100k the first year (idea #7)
▶︎A morning news anchor that quit her job because she made more money putting on makeup. (idea #9)
▶︎The passive income strategy that now produces over $100,000 (yes, you read that correct) in revenue each month (idea #10)
You can also check out this blog post that shares 25 passive income strategies:
https://www.goodfinancialcents.com/passive-income-ideas/
Be sure to subscribe to get more tips on making more money and building wealth:
http://www.youtube.com/subscription_center?add_user=goodfinancialcents
▶︎▶︎▶︎ Download our free PDF: 14 Passive Income Ideas You Can Start TODAY
https://www.goodfinancialcents.com/passiveincome
★☆★ Want More Good Financial Cents? ★☆★
? Check out my blog here: https://www.goodfinancialcents.com/
Listen to my podcast here:
? https://itunes.apple.com/us/podcast/good-financial-cents-podcast-investing-building-wealth/id775107294?mt=2
Pick up my best selling book, Soldier of Finance, here:
? http://amzn.to/2xOH78V
Connect with me on Twitter:
#makemoney #passiveincome
These are ways to make lunch money, not all are passive. Good ideas on how to make a few bucks though. Thank you.
i have 12 thousand in savings. my income is about 3 thousand a month. my expenses are 1500 a month but i can trim that down to 1200 a month if i give up some stuff. any suggestions my fellow commenters?
Question jeff
You mentioned fundrise on another video i checked it briefly and i thought is said it had an ill liquid investment?
You mentioned to say away from those?? Any input thanks
I've noticed that most comments are complaining about these not being passive because you have to put in a lot of work before you get decent results. I'll agree at first, it's not passive income. After it gets off the ground, it becomes passive with little to no work in it. Yes, there will always be risk. I would rather risk a small amount of money to try and turn it into a larger amount over time then let it sit in my bank account. Too many people looking for instant gratification with no work.
That is so cool that you know Chris from Manafest. I am a fan of Manafest
wow, pretty lame ideas and not passive
You look like Eric koston lol
Not a big fan of the surveys, but I might just start creating content
I wish i got some better tips instead of the same tips that are in every video on youtube
Jeff I want to thank you ? because of you I have learned so much and I am also teaching my kids about it
Pls keep doing these amazing videos!
How is a blog passive income? Do other people post for you? "
If you build it they will come" sort of thing?
One of the best ways I found to earn passive income is running yourself a coupon/ daily deals website(affiliation site) which runs on autopilot and make tons of money with less effort. I made a coupon website and easily earning 500$/month from it..Couponshub website is the one I got made for myself .You may get your own from here http://techweblabs.com/coupon-website-development/
I post uncooyrighted popular music and I translate it, I get some good pennies out of it, by the way, I like your videos quite a bit! Been seeing all of them, since I'm interested in investing in stock market.
Warmul regards from Argentina, your videos and ideas are good, can see the effort and eagerness you put in them
I see all the comments here …so could you all please tell me how passive or what is passive income is???….PLEASE…..to get a pay check you have to get up . shower . get dressed. get out the house. maybe get some coffee. drive or get on public transportation ….ALL BEFORE YOU GET TO YOUR DESK..work before work …..these are just suggestions here…..so if you all know how it can be done with "lifting a finger" to begin with ….PLEASE LET US KNOW…PLEASE!
Great advise, but is there anything that people outside of the US can apply to make a passive income (El Salvador) to be specific?
none of these websites are working in my country. 🙁
i honestly love the idea of starting your own website buisness but not sure where to start building maybe i can hire someone whos good at it?.