Popular Ways of Earning Passive Income

If you want to make money but don’t want to sell your time for it, then you should consider earning passive income. Passive income is money you earn without doing anything. The attraction to passive income is that the venture…

Tools of a Passive Investor

Passive income is all the hype these days. Many of my closest friends are finally understanding the power of passive income. As we all know, it takes time and money to generate passive income. It’s not as easy as some may make it sound, but it is a great way to build wealth. Focusing on passive income also means that you are focusing on the time investment.

Passive Income: What is it and why should you care?

You may have heard the term passive income thrown about, but do you know what it truly means? More importantly, do you understand why you should know all about passive income and why you should be doing whatever it takes to get yours set up today?

Common Ways to Increase Your Passive Income

Passive income isn’t all fun and games. It takes a little work and/or money at first to get the stream(s) of income coming in. A great example of this is real estate. It’s not as simple as putting money in an account and then you generate a small percentage of income each year. It takes a lot of work to set up the system that generates income. As it turns out, there are those who invest in real estate and make a little, and then there are those who invest in real estate and make a lot of money. There are many differences in the approaches. If you want to increase your passive income, make sure you take the necessary steps.

The Skinny on Renting Out Living Space for Passive Income

Passive income just has a good sound to it. The idea of doing nothing (or, in most cases, very little) and making money is appealing. It’s all about finding things you already have and making them work for you. In the case of renting space, you’re taking an area that was just sitting around and making it productive. Maybe you have a basement apartment, a spare room, or even some storage space in your garage, attic or shed. It’s time to stop scratching your head about what to do with the space and put it to some good use.

Become a Guinea Pig in the Name of Passive Income

There are all sorts of different medicines and drugs available to help people with issues from toe fungus to life-threatening illnesses. Regardless of the function of any given substance on the market and its process for arriving among the general public, every single one had to endure a process of testing and trials before it could be considered safe and effective. First, there are the tests in labs in petri dishes and test tubes. If those seem to be working, then things move on to live testing. Bunnies and mice and such have all been forerunners of everything we are able to buy to help us with ailments, and even several ineffective drugs. Once the lab rats have been cured of hairlessness, warts or ringworm, the final stage is human trials.

Become a Hobbyist: It’s a Passive Income Dream Come True!

Hobbies help round us out as people and fill in the cracks to define us—they help make us who we are. Perhaps you have a hobby like pottery, sewing, baking, scrap booking, or candle making, but have never really invested enough time to sell your work. If you’re like me, you may also never spend quite enough time on any of your hobbies to finish them. Don’t worry, this doesn’t make you a bad hobbyist, just one with great, untapped potential.

Mystery Shopping Revealed: It’s Passive Income

If shopping is fun and mysteries are fun, well, what could be better than smushing the two ideas into one fantastic job. Hearing about jobs like this makes me wonder what I am doing with my life; I could get paid to shop, and instead I work to earn money to pay bills. It’s been ages since I took my money out and showed it a good time. There seems to be some grand mistake or glaring flaw in the design.

Collectibles and You: Turning Clutter into Passive Income

Collectors tend to accumulate a lot of one particular item. In addition to obtaining and storing all of these items, they also tend to learn a lot about the value of various items within that niche. Collections range from trendy to bizarre and every possible thing in between. Regardless of what you collect, eventually, availability of space for storing collections becomes a limiting factor.

Bloggers Beware: Passive Income on the Rise

The web has become a proverbial madhouse of information, tutorials, and how-to websites as a growing number of people tap into the masses of people seeking guidance on everything under the sun. Blog topics are as varied as the people in this world and seek to occupy a new space in our hearts. Where previous generations would pore over a morning newspaper with ink-stained fingers and a cup of coffee, times have changed. Today’s culture has transformed those impossible-to-refold pages into neat frames on a smart phone or computer screen. The cup of ‘joe’ is packaged to go and most of our catching up on news comes in snippets of information bombarding our poor, easily-distracted brains all day. By the time a newspaper can roll off the presses, its drying ink is out of date and newer news has taken its place.