Passive income is the pinnacle of career and financial success for many. But it can be tough to just get “normal” income, let alone passive income. I share how I create my income streams six different ways, including Youtube revenue.
Passive income usually gets the spotlight, but active income can also be used to generate income streams with low effort and high rewards. Like anything else, things will start off slow and seem irrelevant, but every dollar counts as you grow and build. I give an example of a new income stream I’m building out. It doesn’t seem impressive now, but all my other income streams started the same way.
But as always remember, build a life of happiness and then generate the money to live it. Don’t make money and then try to buy happiness.
Start Hosting on AirBnB & Get Sign Up Bonus: https://bit.ly/2YILVd5
Hangout In Discord with me: https://discord.gg/k5NpSez
Follow & chat with me: www.instagram.com/lootinglife/
BOOKS THAT CHANGED MY MINDSET:
Try Audible Free With 2 Free Audiobooks: https://amzn.to/2HT7nXH
Changed how I looked at money: https://amzn.to/2utVTlt
Best book on investing in stock market: https://amzn.to/2FvAJIP
Best shift in mindset: https://amzn.to/2FyuVy8
Understand the importance of time: https://amzn.to/2FyvAj0
Making money with effectiveness: https://amzn.to/2V3PRnv
Favorite that reinforces focus on solutions: https://amzn.to/2HJiq6k
DISCLAIMER: Some of these links are affiliate links and I may get a very small percentage that goes directly to help support the channel. You will not be charged extra for clicking on the links
MY ‘BUDGET’ VIDEO SETUP
Camera: Canon Rebel SL2: https://amzn.to/2ZbgtnC
Lens: 24MM – https://amzn.to/31PVvwj
10-18MM Wideangle – https://amzn.to/2NkFx9x
SD Card: https://amzn.to/2Z60QCD
4 TB Hard drive: https://amzn.to/2ZlKdOU
Lapel Mic: https://amzn.to/33LRGKd
Portable Mic: https://amzn.to/33QpO86
Extra DSLR battery: https://amzn.to/2ZguOiP
DSLR Power Cord: https://amzn.to/31R6oOj
Left the job grind making $200,000+ a year at 27 years old and achieved a net worth of $1,000,000 by my 30th birthday.
I’m a simple surfer who dreamt of chasing waves instead of the paycheck. Saved excessively in my 20s and made a few key investments that allowed me to purchase seven acres of raw land. Instead of hiring a builder, I decided to solo build my own income shipping container home – mortgage free.
I consider myself a fancy and frugal minimalist and now live off expenses of roughly $900 a month. I’m in love with business and entrepreneurship, with my “expertise” being real estate, specifically rentals and land development.
I spend my days growing my property management business, surfing, training Brazilian Jiu jitsu, traveling and learning how to cook new dishes.
Song: Fredji – Happy Life https://soundcloud.com/fredjimusic