Tag: Passive Income

  • How to Make Money on Reddit in 2025: 12 Proven Ways to Earn & Get Paid

    Making money on Reddit without spending a dime is possible with the right strategy. The key to making money is to build a user base, create high-quality content, and take advantage of Reddit’s features like ‘Karma’ points and advertising.

    Additionally, you can join relevant subreddits that allow members to post links for referral fees or provide other avenues of monetization opportunities. Finally, participate in Reddit’s Ask Me Anything sessions, where you can provide knowledge and earn money from the tips you receive in return. With dedication and creativity, it is possible to make money on Reddit without spending any money.

    How to Earn Money from Reddit

    Tips to Make Money on Reddit Successfully
    How to Not Get Banned or Downvoted on Subreddits
    Key to Success

    How to Earn Money From Reddit

    Since it launched in 2005, Reddit has continually grown while many similar platforms have gone by the wayside. Featuring more than 100,000 communities, which are called subreddits, Reddit touches just about every topic imaginable. It is a social media website that provides its users with a network of communities where they can easily post news, stories, images, videos, and links.

    Now, let us get into the details of how everything can be done.

    Find a Niche Subreddit

    With over 1.2 billion monthly visitors to their website, Reddit is an incredible resource for anyone looking to make money without spending a dime. To make the most of this opportunity, it’s important to find a niche subreddit where you can bring your expertise and energy and develop relationships with other members. There are thousands of subreddits on every imaginable topic, and many of them have active communities with people who are willing to pay for quality content. By becoming an active member of one or more of these communities, you can start to build up a reputation as someone who produces quality content. If you want to make money on Reddit without spending any money, you’ll need to find a subreddit that doesn’t have much competition. There are thousands of subreddits, so you should be able to find one that suits your interests and has a small number of users.

    Monthly Active Users of Reddit
    Monthly Active Users of Reddit

    Create Helpful or Entertaining Content

    Making money on Reddit without investing anything can seem like a challenge, but it’s not impossible. All you need to do is create content that is both helpful and entertaining to your target audience. Once you’ve established yourself as a member of a particular community, you can start to make money by creating helpful or entertaining content. If you can provide value to the members of a community, they will be more likely to upvote your content, which will help it reach a wider audience. This will not only help you make money but also build a base of loyal followers who are likely to buy from you in the future when presented with an opportunity.

    Creating useful content can take many forms; making sure any information shared is accurate and up-to-date is critical, as Reddit users tend to be picky about the accuracy of what’s posted on the platform. Similarly, staying on top of trends in the niche or industry will ensure your content remains relevant and applicable.

    Whether the content takes a humorous or serious route depends on your preference; either way, it needs to stand out from the rest to garner plenty of attention and draw larger numbers of people who might be interested in purchasing products or services from you down the road.


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    Sell Products or Services

    If you have your own products or services that you want to promote, you can do so by creating a post on Reddit. You can also use Reddit to drive traffic to your website or blog, where you can then sell products or services. This is an effective way to make money, but it does require some investment in terms of time and effort.

    You can also develop your own products and services for the Reddit community. Many subreddits have forms of trading where users offer services or products in exchange for points or tokens. Additionally, Reddit allows you to submit content that you can monetize through third-party websites like Twitch or YouTube.

    Participate in Affiliate Programs

    Affiliate programs are another great way to make money on Reddit without spending any money. Affiliate programs allow you to promote other people’s products and receive a commission for every sale that you generate. There are many different affiliate programs available, so you should be able to find one that suits your needs.

    Through these programs, contacts and clients post ads to their own networks, often in exchange for referral fees or commissions. It’s a great way to create passive income without having to invest any of your own money.

    Of course, not everyone will have the same success rate on Reddit as those who already have become experts in the industry; however, it’s definitely worth giving a try. With dedication and knowledge of how affiliate systems work, you could soon be well on your way to making some extra cash from the comfort of your own home!

    How Frequent Users Access The Platform In the USA
    How Frequent Users Access The Platform In the USA

    Use Reddit gold

    If you’re looking to make money on Reddit without having to invest any of your own, using Reddit Gold may be a great option. Reddit Gold is an exclusive membership for users who have achieved a certain level of Karma points through their participation on the site.

    As a member, you will gain access to premium features like comment highlighting and custom avatars, in addition to being able to make money through advertising revenue. There are also other ways to maximize your earnings as a Reddit Gold member, such as sharing valuable content, building relationships with other members in your community, and staying active in conversations throughout the day.


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    Participate in Paid Surveys

    Paid surveys are another great way to make money on Reddit without spending any money. There are many companies that will pay you for your opinion, and all you need to do is find a reputable survey company and sign up for an account. Once you’re registered, you’ll start receiving surveys that you can complete in exchange for cash or prizes.

    If you love spending time on Reddit and have an opinion on virtually everything, participating in paid surveys could be the perfect way to make money without spending a dime. All you need to do is sign up with a few survey companies and do some research by following different threads on Reddit.

    Many survey companies are willing to pay for your participation so you can make some extra cash while enjoying conversations on the platform. However, it is important to note that these surveys usually require a lot of time before any payment is made, so make sure that you commit only if you are certain about taking them up. With some dedication and patience, there is no denying that participating in surveys may be an effective way of making money from Reddit without any investment.

    How to Use Reddit

    Build up a Reputation

    Building a reputation as an influencer on Reddit can be a great way to make money without spending any capital upfront. The key is to engage with the community by posting thought-provoking comments, creating entertaining content (e.g., videos or blogs), and consistently replying to users in helpful and positive ways.

    To bolster your profile, you can use lists and categories of topics to keep viewers interested in what you post, increase the visibility of your content through hashtags, customize comments with visuals or GIFs, and maintain a regular presence.

    When followers realize that what you post holds value for them, there’s potential for sponsorships or affiliate programs that can earn you passive income. As long as you’re willing to invest time into networking and learning about user engagement, you can make money from Reddit without ever having to reach for your wallet.

    Promote Your Content

    Making money on Reddit sounds like an impossible feat, but it is within reach if you understand how to effectively promote your content. Posting in the right subreddits and giving thoughtful responses are key to getting visibility.

    Ultimately, promoting your content has the potential to bring increased exposure, interest, and visitors, as well as ultimately more money-making opportunities on Reddit without spending a dime – all you need is dedication and a bit of savvy strategy.

    In addition to promoting your content on Reddit, you should also promote it elsewhere online. This could include social media sites like Twitter and Facebook, as well as other websites and blogs that allow guest posts. The more places you promote your content, the greater the chance people will see it and potentially share it with others.


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    Use Keywords Wisely

    When posting content on Reddit, be sure to use keywords wisely. Keywords are the words or phrases that people are most likely to search for when looking for information on a specific topic. By including relevant keywords in your title and throughout your post, you can increase the chances of your content being seen by people who are interested in what you have to say.

    It is certainly possible to make money on Reddit without spending any money. Can you make money from Reddit? The key is to build a user base, create high-quality content, and take advantage of some of Reddit’s unique features. If you’re looking to make some extra cash or even start a new business, give it a try! You might be surprised at just how much success you can have by following these simple tips.

    Regional Distribution of Desktop Traffic to Reddit
    Regional Distribution of Desktop Traffic to Reddit

    Use Attractive Visuals

    People are more likely to pay attention to your content if it’s visually appealing. Visuals that are eye-catching and useful help to speed up the process. This means using high-quality images and videos whenever possible.

    When you have a large following, companies may approach you to create posts promoting their products. It’s important to be clear about your pricing and ensure that the sponsored content matches your niche and audience.

    Making Money with Cryptocurrency

    Reddit hosts a vibrant cryptocurrency community, and several subreddits offer ways to earn by engaging in discussions or receiving tips in cryptocurrencies. Popular subreddits like r/cryptocurrency and r/Bitcoin often reward quality contributions with tips in Bitcoin or other tokens. Some communities use platforms like Moons (for r/CryptoCurrency) which can be exchanged or traded. It’s a great place to learn, share, and earn at the same time.

    Tips to Make Money on Reddit Successfully

    Tips to Make Money on Reddit Successfully
    Tips to Make Money on Reddit Successfully
    1. Follow Subreddit Rules: Every subreddit has its own rules, don’t ignore them! Read the pinned posts and guidelines before posting. Breaking the rules can get your post removed or even get you banned. Stick to the rules, and you’ll build trust faster.
    2. Provide Real Value: Reddit doesn’t like spam. If you want to earn, start by being helpful. Share useful tips, answer questions, or post something interesting. Real value builds credibility, and people are more likely to engage with you or your offer when they trust you.
    3. Avoid Scams: Be careful, Reddit has its fair share of scams. Don’t fall for too-good-to-be-true offers, shady job posts, or sketchy crypto deals. Do your research before clicking or committing to anything.
    4. Build Your Reputation: Your karma matters! The more helpful and active you are, the more karma you’ll earn. A solid reputation makes people take you seriously, and that opens the door to real money-making chances on the platform.

    How to Not Get Banned or Downvoted on Subreddits

    Whether you’re looking to monetize your account or want a side income, the first step is making sure that you don’t get yourself banned from subreddits or downvoted. To keep yourself in good standing with Reddit, it is important to remember to follow the subreddit’s guidelines and contribute constructively.

    Don’t plagiarize content, and make sure that any posts are relevant and helpful. Posting an irrelevant link isn’t going to do anything but get your post removed and possibly banned from the subreddit. One common mistake that can lead to a ban or downvote is frequent self-promotion.

    It’s ok to mention your own content in relevance sometimes, but not excessively. If you take care to post thoughtfully and follow the rules of each subreddit you join, then you will have far greater success in making money without spending a dime!

    Key to Success

    Making money on Reddit takes time and effort, so don’t expect to see results overnight. Making money on Reddit is a great way to supplement your income without spending any money. It can take some patience as there are specific ways you’ll need to engage with the content and its users.

    For example, you will need to post quality content, engage in conversations and develop relationships with other members of the community. With time and dedication, you can grow a network that can start to deliver rewards for your efforts – such as people taking an interest in your ideas and products or showing enthusiasm for your content. As long as you remain patient, you could find yourself making valuable connections that may bring financial rewards.

    Conclusion

    To have the best results, you’ll need to be active regularly, and you’ll need to become a contributing part of the community. It can be a challenging platform if other users think you’re only there for your own benefit, so be sure to contribute to the community and focus on giving as much as you’re taking.

    FAQs

    Can you get paid directly by Reddit?

    No, it is not currently possible to earn money directly from Reddit. However, you can use Reddit to find ways to make money.

    What is karma on Reddit?

    Karma on Reddit is equivalent to a user’s score on the platform. When other users upvote your comments or posts, your karma goes up. Similarly, if users downvote you, your karma score will drop.

    Can you make money on Reddit?

    Yes, you can earn real money from Reddit. You will not be paid directly from Reddit. However, you will find opportunities to earn money through subreddits, which are niche forums within Reddit.

    How to make money on Reddit?

    You can make money on Reddit by building a strong user base and offering valuable products or services through targeted posts or ads. Engage with communities relevant to your niche and leverage Reddit’s advertising platform for additional reach.

    Does Reddit pay you?

    Reddit doesn’t pay users directly. You can’t get paid on Reddit directly. However, users can earn through Reddit Premium (coins for quality posts), affiliate links, or sponsored posts from brands.

    How to increase Reddit karma fast?

    To increase Reddit karma fast, focus on posting quality content and actively commenting in popular threads. Engage with trending topics and participate regularly in active subreddits. Ensure your posts follow subreddit rules to avoid downvotes, as consistency and relevance are key to gaining karma quickly.

  • Top Daily Money-Earning Apps in India

    Nowadays, having additional income has become a big-time goal for many people seeking financial independence. With rising expenses and growing demands, regular earnings often fall short. This has led to an increased interest in innovative ways to generate extra income. As a result, user-friendly, easy-to-use money-earning apps have gained popularity.

    In this article, let’s look at some of the best daily money-earning apps in India.

    Google Opinion Rewards
    Cashbuddy
    Swagbucks
    Dream11
    Loco
    Doocash
    Roz Dhan
    Databuddy
    Survey Junkie
    mCent
    EarnKaro
    Pocket Money
    Ibotta
    Taurus
    Rupiyo

    Google Opinion Rewards

    App Google Opinion Rewards
    Rating 4.6
    Platforms Supported IOS and Android
    Google Opinion Rewards - Top Daily Money-Earning Apps in India
    Google Opinion Rewards – Top Daily Money-Earning Apps in India

    Google Opinion Rewards stands out as a pioneering app in passive income generation. Developed by the tech giant, this innovative platform leverages the power of user opinions to reward participants for their valuable insights.

    How It Works:

    The Google Opinion Rewards app presents users with various surveys, from market research to customer satisfaction evaluations. These surveys, tailored to the user’s interests and demographics, can be completed in minutes, earning the user a small monetary reward. The rewards, typically ranging from Rs 5 to Rs 20 per survey, are deposited directly into the user’s Google Pay account, making it a seamless and convenient process.

    Cashbuddy

    App Cashbuddy
    Rating 4.5
    Platforms Supported IOS and Android
    Cashbuddy - Top Daily Money-Earning Apps in India
    Cashbuddy – Top Daily Money-Earning Apps in India

    Cashbuddy is a multifunctional passive income app that offers a range of earning opportunities, from watching promotional videos to engaging with YouTube content.

    How It Works:

    The Cashbuddy app allows users to earn rewards by completing various tasks, such as viewing promotional videos or engaging with select YouTube channels. When the video owners or content creators reach a certain revenue threshold, they share a portion of their earnings with the app’s users, providing a steady stream of passive income.

    Swagbucks

    App Swagbucks
    Rating 4.5
    Platforms Supported IOS and Android
    Swagbucks - Top Daily Money-Earning Apps in India
    Swagbucks – Top Daily Money-Earning Apps in India

    Swagbucks is a well-established passive income app that offers various earning opportunities, from completing online surveys to watching promotional videos and playing games.

    How It Works:

    Swagbucks provides users with a wide array of tasks and activities that can be completed to earn rewards, known as “Swagbucks.” These Swagbucks can then be redeemed for various rewards, including gift cards from popular merchants like Amazon, PayPal cash, and more.

    Dream11

    App Dream11
    Rating 4.3
    Platforms Supported IOS and Android
    Dream11 - Top Daily Money-Earning Apps in India
    Dream11 – Top Daily Money-Earning Apps in India

    Dream11 is a unique passive income app that allows users to create virtual sports teams and earn rewards based on their team’s performance.

    How It Works:

    Dream11 is a fantasy sports platform where users can create their teams of real-life players and earn points based on the players’ on-field performance. Users can then enter contests with fixed prize pools, competing against other users and potentially winning cash prizes.

    Loco

    App Loco
    Rating 3.1
    Platforms Supported IOS and Android
    Loco - Top Daily Money-Earning Apps in India
    Loco – Top Daily Money-Earning Apps in India

    Loco is a versatile passive income app that combines the excitement of live streaming, gaming, and rewarding user engagement.

    How It Works:

    Loco allows users to earn money by participating in various activities, such as playing free online games, live-streaming their gameplay, or engaging with other users’ streams. The app’s revenue-sharing model rewards users for their active participation and engagement.


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    Doocash

    App Doocash
    Rating 4.2
    Platforms Supported IOS and Android
    Doocash - Top Daily Money-Earning Apps in India
    Doocash – Top Daily Money-Earning Apps in India

    Doocash is a passive income app that allows users to earn rewards by completing various tasks, such as watching videos and participating in surveys and polls.

    How It Works:

    The Doocash app gives users various tasks, including watching promotional videos, completing surveys, and participating in polls. Upon completing these tasks, users are rewarded with cash, which can be withdrawn into their online wallets.

    Roz Dhan

    App Roz Dhan
    Rating 4.1
    Platforms Supported IOS and Android
    Roz Dhan - Top Daily Money-Earning Apps in India
    Roz Dhan – Top Daily Money-Earning Apps in India

    Roz Dhan is a passive income app that combines survey participation, video viewing, and news consumption to generate user earnings.

    How It Works:

    Roz Dhan allows users to earn money by completing surveys, watching videos, and reading news articles. The app’s revenue-sharing model rewards users for engaging and participating in these activities.

    Databuddy

    App Databuddy
    Rating 4
    Platforms Supported IOS and Android
    Databuddy - Top Daily Money-Earning Apps in India
    Databuddy – Top Daily Money-Earning Apps in India

    Databuddy is a unique passive income app that combines cashback rewards and referral-based earnings to create a comprehensive earning platform.

    How It Works:

    Upon installing the Databuddy app, users can earn cashback rewards on their purchases from various e-commerce platforms, including Amazon, Flipkart, and Myntra. Additionally, the app offers referral-based earnings, where users can invite their friends and earn rewards when they make purchases through the app.


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    Survey Junkie

    App Survey Junkie
    Rating 4.3
    Platforms Supported IOS and Android
    Survey Junkie - Top Daily Money-Earning Apps in India
    Survey Junkie – Top Daily Money-Earning Apps in India

    Survey Junkie is a well-established passive income app that specializes in providing users with the opportunity to earn rewards by participating in online surveys.

    How It Works:

    The Survey Junkie app connects users with a wide range of surveys, where they can share their opinions and insights on various topics. Users earn points for completing these surveys, which can be redeemed for cash via PayPal or other payment methods.

    mCent

    App mCent
    Rating 4
    Platforms Supported IOS and Android
    mCent - Top Daily Money-Earning Apps in India
    mCent – Top Daily Money-Earning Apps in India

    mCent is a passive income app that allows users to earn rewards by completing various tasks, including app downloads and product promotions.

    How It Works:

    The mCent app presents users with various tasks, such as downloading apps, watching videos, and engaging with product promotions. Users can earn cash rewards or mobile recharge coupons by completing these tasks, which can be redeemed through their preferred payment method.

    EarnKaro

    App EarnKaro
    Rating 3.7
    Platforms Supported IOS and Android
    EarnKaro - Top Daily Money-Earning Apps in India
    EarnKaro – Top Daily Money-Earning Apps in India

    EarnKaro is a passive income app that empowers users to earn rewards by promoting and referring various deals and offers to others.

    How It Works:

    The EarnKaro app allows users to earn commissions by referring and promoting deals from popular retailers, such as Ajio, Flipkart, and Adidas. Whenever someone purchases through the user’s unique referral link, the user earns a share of the transaction, resulting in passive income.

    Pocket Money

    App Pocket Money
    Rating 4.3
    Platforms Supported IOS and Android
    Pocket Money - Top Daily Money-Earning Apps in India
    Pocket Money – Top Daily Money-Earning Apps in India

    Pocket Money is a comprehensive passive income app that combines various earning activities, including task completion, video watching, and gaming, to provide users with diverse earning opportunities.

    How It Works:

    The Pocket Money app allows users to earn rewards by completing tasks, watching promotional videos, and even playing the in-app game Tombola. Consistent participation in these activities can provide users with a steady stream of passive income, which can be redeemed for mobile recharges or cash rewards.


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    Ibotta

    App Ibotta
    Rating 4.5
    Platforms Supported IOS and Android
    Ibotta - Top Daily Money-Earning Apps in India
    Ibotta – Top Daily Money-Earning Apps in India

    Ibotta is a passive income app that enables users to earn cashback rewards on their everyday purchases at various retailers.

    How It Works:

    The Ibotta app allows users to earn cashback rewards by shopping at participating retailers in-store and online. Users can also earn additional bonuses by watching videos and completing simple tasks like voting in polls.

    Taurus

    App Taurus
    Rating 4.8
    Platforms Supported IOS and Android
    Taurus - Top Daily Money-Earning Apps in India
    Taurus – Top Daily Money-Earning Apps in India

    Taurus is a passive income app that allows users to earn cash rewards by playing a simple game for a few minutes daily.

    How It Works:

    The Taurus app features a simple game that users can play for at least 5 minutes daily to earn cash rewards. Users can also invite their friends to play in a multiplayer mode, earning additional rewards for participation and engagement.

    Rupiyo

    App Rupiyo
    Rating 3.4
    Platforms Supported IOS and Android
    Rupiyo - Top Daily Money-Earning Apps in India

    Rupiyo is a passive income app that offers users a variety of earning opportunities, including task completion, game playing, and referral-based rewards.

    How It Works:

    The Rupiyo app presents users with various tasks, such as completing surveys, watching videos, and referring the app to others. By completing these activities, users can earn daily cash rewards, which can be withdrawn through bank transfers.

    Conclusion

    In the dynamic and ever-evolving world of passive income apps, the opportunities for urban entrepreneurs and individuals to supplement their earnings are vast and diverse. By leveraging these innovative apps and capitalizing on their unique features, users can earn cash rewards, explore their interests, engage with diverse communities, and take control of their financial well-being. As the demand for passive income solutions grows, these apps offer a promising and accessible path to economic empowerment and independence.

    FAQ

    Which are the best money-earning apps?

    Here are some of the best money-earning apps:

    • Google Opinion Rewards
    • Cashbuddy
    • Swagbucks
    • Dream11
    • Loco
    • Doocash
    • Roz Dhan
    • Databuddy
    • Survey Junkie-
    • mCent
    • EarnKaro
    • Pocket Money
    • Ibotta
    • Taurus
    • Rupiyo

    Are money-earning apps real?

    Yes, some money-earning apps are real, but it’s important to research and verify their legitimacy before using them to avoid scams. Always check reviews and payment proof.

    How do I redeem my earnings from daily money-earning apps in India?

    To redeem earnings from daily money-earning apps in India, you typically need to accumulate a minimum balance. Once you’ve reached that threshold, you can transfer the funds via bank transfer, UPI, Paytm, or other supported wallets. Each app will have specific instructions for withdrawals, so check their redemption policy.

  • 15 Passive Income Sources | Best Ways to Start Earning Today

    People confuse passive income with the money earned just by sitting around idly. While a part of it is true, it is a misleading definition. Passive income is a source of income that is not directly tied to your time. For example, an employee earns money by putting in 40 hours a week in an office. Every day that they decide not to work leads to a deduction from their salary. What if you could earn without putting in fixed hours continuously? Something like growing a tree requires initial work to ensure that it is healthy and bears fruit in the end.

    So, passive income is a form of income source where, once you set up everything, you can leave the source on autopilot with minimal interruptions. So, what are some ways to earn passive income? Let’s look at the most popular passive income sources that you can start working on today and potentially earn a handsome amount of money with dedicated efforts. Does that make sense?

    Passive Income Sources to Earn From in 2023

    Investing
    Content Creation
    YouTube
    Social Media
    Blogs
    Affiliate Marketing
    Podcasts
    Sell Digital Products
    Resell Retail Products
    Teaching
    Sell Pictures
    Google AdSense
    Selling Notes

    Investing

    Investing means putting your money into various financial instruments to earn an income due to interest or value appreciation. You start by picking the alternative to invest in crypto, FDs, mutual funds, stocks, etc. Depending on your income and risk appetite, you can select a channel to invest and earn a passive income. The biggest issue with this option is that you need money to get started. Also, there is a chance to lose all your funds in case of loss or a market crash. The safest investing option with moderate income potential is SIP, where you invest your money into a bunch of top companies to generate assured income. Certain channels as stocks require constant monitoring and juggling around them. You can pick a channel based on your convenience factor and how much time you are willing to invest.

    Content Creation

    Breakdown of Time Taken by Creators for Creating New Content
    Breakdown of Time Taken by Creators for Creating New Content

    Content creation is one of the most booming income stream options. People use it as a proper and only source of income as well. However, if you don’t have time, with restricted hours, you can build a content library to earn without having to keep creating content. There are multiple platforms on which you can create content and aim at various content formats- videos, audio, texts, etc.

    YouTube

    YouTube involves creating video-based content. You could pick a niche and start creating content. However, the money doesn’t come instantly. It takes about 1000 subscribers and 4000 watch hours to start getting paid. But, once your channel picks up the traffic, you could earn even with reduced time allocation. The income starts from as low as $100 (₹8000) and can up to lakhs as your channel grows. It takes 3-4 years for some people to start earning, while some channels boom within a few months. The core idea is to offer valuable content that either educates or entertains the audience.


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    Social Media

    Content creation on social media could include both video and image formats. You start by picking a desired social media platform to build an audience. You do this again by offering valuable content. Once you build the audience, you can monetize them in multiple ways. It could be by selling digital products, sponsorships, etc. Each platform has a dedicated content format and algorithms. You need to understand the audience, their needs, and their algorithms to survive in the competitive content creation industry.

    Blogs

    Blogs have been a great way to earn passive income for ages. If you think you can write about a particular niche, then you should opt for blogging. You will need to buy a domain and build a website. It would not cost you a lot. But if you want cheaper alternatives, you could start on platforms like Medium, where getting started is easier. However, you will be dependent on a third-party website for user information and also income potential reduces. With a proper website, you can leverage Google Adsense to earn. Also, collaborations or paid sponsorships act as a great income source for blogging.

    Affiliate Marketing

    Affiliate marketing is promoting someone’s product in exchange for earning a commission. Now, this one requires audience building in the form of a community or group of people who purchase from your recommendation. You earn a small percentage, depending on the product and terms, for each purchase. Now, some companies pay for each referral, while others pay for each purchase. For products with a subscription model, one might earn a consistent commission as long as the consumer stays with the company. If you have a great network to sell affiliate products, you could start earning quickly.

    Podcasts

    The podcast is an audio-based content creation channel. Here, you create audio-based content to entertain or educate your audience. Start by picking the platform to upload and start your podcast, which can be Apple, Spotify, Google, or any other desired one. Again, the main aim is to build an audience, that can be monetized with time to earn a passive income. Like other content creation channels, it takes time to monetize your podcasts. You need to build a strong and loyal audience base.

    How to Create a Podcast for Beginners

    Sell Digital Products

    Selling digital products is a way to earn a passive income as well as the most popular way to monetize your audience. Often many content creators create some digital product to earn a passive income on the side. It requires a one-time effort and gets paid for each sale. For instance, if you write an ebook in a niche in which you have expertise. Then every time the book sells, you earn without having to actively sell. You might need continuous promotion to create demand and awareness, but nonetheless, it is a great way to earn without having to toil yourself all the time. Now, you could deal with four major categories:

    1. Info Products: Info products include ebooks or other resource material in digital format to educate the audience. You will need to start by deciding the core topics of the info product- what will you talk about? Then, after the completion of info product creation, you decide on a platform to sell your info product. It is advisable to set up a website and sell products to avoid commission cuts.
    2. Courses: You can sell courses on many platforms such as Udemy. Look for niches where you can add value for the audience and create a course. Decide pricing for your course that people will be willing to pay. Finally, promote your product, which is crucial for each digital product to inform and motivate the target audience.
    3. Templates: You can create and sell templates on Gumroad and other platforms to earn income. For instance, there are templates for budget allocation, preschool shopping, dairy writing, and much more. You simply need to analyze the need of the customers/ audience and create a product. One thing to notice, third-party apps like Gumroad cut commission fees for each sale.

    Resell Retail Products

    Reselling or flipping products with a profit margin is a great way to earn a passive income. You will start by deciding the market and target audience, to whom you will sell. After this, you finalize the products and vendors for procuring and selling these goods. Now, this is an active income source. If you wish to convert it to passive income, you can create a dedicated website for easy ordering and sell effortlessly. This way you will set systems in place and can earn passive income.

    Teaching

    Another option that a lot of students and married or unmarried housewives opt for is teaching or tutoring. You could teach the children in the locality depending upon your educational qualification. It requires a limited 4–5 hours a day and pays really well. However, this requires a direct time investment. You earn only as long as you teach, which keeps you hooked on the job and doesn’t give much flexibility. So, instead, you could opt for platforms that allow you to record and deliver lectures.

    Sell Pictures

    You can get paid to click, upload, and sell your pictures. Some websites pay you to upload and help you sell your pictures like stock images. So, if you click good-quality pictures, you can earn a side income by selling pictures. You don’t need to continuously keep updating and uploading pictures. Instead, once you put it on the respective website, you can earn it every time someone buys and uses the image.

    You could sell pictures (animated or not) on many websites, like Canva, Adobe Stock, Crestock, Fotolia, Freepik, etc. You earn about 40% royalties on the photos, depending on the platform. Some platforms offer a flat rate of, say, $2.5 per download of the image. These numbers are evolving, and the income potential is variable. Depending on the platform and the kind of pictures you upload, it can vary.

    Google AdSense

    Google Adsense is the ads you see on Google and YouTube. For each click, the content creator of that page earns an income. Now, you can earn an income from Google AdSense by creating content on YouTube, writing blogs, or running a website. Google Adsense displays ads along with your content. If people click on it or make purchases via that ad, you earn for each view or purchase.


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    Selling Notes

    Selling notes is one of the easiest ways to earn money, especially as a college or high school student. If you already have your notes, all you need to do is merge and compile them into a comprehensive and useful resource. However, you need to keep a decent price point for these and find students who buy these notes. Generally, it is easier in colleges due to an identical syllabus across universities. This way, you can earn passive income by creating notes once and selling them year after year.

    So, with all these sources, you can start early to earn money on the side and gradually make enough money to sustain basic needs. Many people rely on these as their source of living. If you are starting early or on the side, it can be great to try out multiple things to pursue them later in the future.

    Conclusion

    So, of all these, which one should you pick? Of course, interest in a particular field matters a lot. Apart from that, look at these three factors to decide which field to go into: income potential, entry barrier, and maintenance. Does the field give you enough money to sustain your needs and your income goals? Is it easier to get started? Will I be able to continue this in the long run in the future? If the answer to all these is yes, then you can pick an income source to get started. One thing to remember is that you can only earn money by providing value. No matter how easy or hard it is to start or how much you earn, if you don’t provide value, you will not sustain for long.

    FAQs

    What is the best passive income source?

    The best passive income sources include:

    • Investing
    • Content Creation
    • YouTube
    • Blogs
    • Podcasts
    • Google AdSense

    What is affiliate marketing?

    Affiliate marketing is promoting someone’s product in exchange for earning a commission. You earn a small percentage, depending on the product and terms, for each purchase.

    Where can I sell pictures online?

    You could sell pictures (animated or not) on many websites, like Canva, Adobe Stock, Crestock, Fotolia, Freepik, etc.

  • 10 Best Tax Saving Instruments in 2023

    Ancient practices such as tithing or the offering of first fruits may be regarded as the precursor of the income tax.  However, they lacked precision and were not based on the concept of a net increase.  As civilization progressed, taxes were based on other factors like wealth, social position and ownership of the means of production.

    The modern concept of income tax is based on a pre-supposition of a money-economy, accurate accounting and a general understanding of receipts, expenses and profits and an orderly society with reliable records.  Hence, income tax can be defined as a tax imposed on individuals, commonly known as tax-payers, in respect of the income or profits earned by them.

    10 Best Tax Saving Instruments in India

    1. National Pension Scheme (NPS) Under Section 80CCD (1B)
    2. Interest Component of Home Loan Under Section 24
    3. Interest Repayment for First-Time Home Owners Under Section 80EE
    4. Premiums Paid on Health Insurance Under Section 80D
    5. Interest Earned From Savings Bank Account Under Section 80TTA
    6. Medical Expenses for Disabled Dependent Under Section 80DD
    7. Treatment of Specified Diseases Under Section 80DDB
    8. Amount Paid as Rent With No Hra Payment Under Section 80GG
    9. Repayment of Education Loan Under Section 80E
    10. Donations Made to Charitable Institutions Under Section 80CCC

    10 Best Tax Saving Instruments in India

    In India, most taxpayers know about and take advantage of the INR 1.5 lakh deduction that is available under Section 80C.  However, there are many other tax-saving opportunities that can help if further reducing taxes paid.

    National Pension Scheme (NPS) Under Section 80CCD (1B)

    Over and above the benefit that can be claimed by Section 80C, additional tax can be saved by investing up to INR 50,000 in NPS.  This investment can increase the total deduction to be claimed to INR 2 lakh

    Share of Instruments in Gross Household Saving

    Interest Component of Home Loan Under Section 24

    The interest component of a home loan can be claimed as a tax deduction under Section 24 of the Income Tax Act.  A maximum amount of INR 2 lakh can be claimed on the interest payment on a home loan for a self-occupied property. If the residential property is not self-occupied and rented or deemed to be rented, the entire interest amount can be claimed as a tax deduction as there is no maximum limit has been prescribed. If the residential property is not self-occupied due to reasons of employment, business or profession, a maximum tax deduction amount of INR 2 lakh can be claimed under section 24.

    Interest Repayment for First-Time Home Owners Under Section 80EE

    This is applicable for first-time homeowners who do not have any other residential property on the date their home loan is sanctioned from a financial institution.  Such homeowners can claim a tax deduction of up to INR 50000 under Section 80EE.  This tax deductible amount is over and above the INR 2 lakh available under Section 24.  Rules applying to claim this amount as a tax deduction specify that the total value of the residential property must be less than INR 50 lakh and the loan value should not exceed INR 35 lakh.  This section was initially introduced in 2013-14 and was available for only two years before being re-introduced in 2016-17.  This particular tax benefit is applicable till the loan amount is repaid with the annual limit capped at INR 50000.

    Premiums Paid on Health Insurance Under Section 80D

    The tax incentive for Section 80D allows for tax deductions the total amount that is paid as the premium amount for health insurance as well as the expenses that are incurred towards healthcare.  Depending on the people and their age, who are included under the insurance coverage the limit to claim tax deductions can range from INR 25000, INR 50000, INR 75000 or INR 1 lakh.

    Interest Earned From Savings Bank Account Under Section 80TTA

    Section 80TTA allows all individual taxpayers and HUF to claim tax deductions on the interest earned from savings bank accounts in banks or banking companies, savings accounts in post offices or savings accounts in cooperative societies involved in the banking business.  The maximum amount that can be claimed from all savings accounts is INR 10000.  Interest earned above this limit is considered as ‘Income from Other Sources’ and is taxable.  For senior citizens who are taxpayers, Section 80TTB is applicable which was introduced on April 1, 2018, and carries a lower tax implication on the interest income. Under Section 80TTB, up to INR 50000 can be claimed as a deduction.

    Medical Expenses for Disabled Dependent Under Section 80DD

    This tax deduction has been offered to help taxpayers take care of dependent disabled family members.  These dependents are defined as spouses, children, parents or siblings. Disabilities covered under this policy include blindness, low vision, locomotor disability, hearing impairment, mental retardation, mental illness, autism and cerebral palsy. The following medical expenses can be claimed as tax deductions –

    • Expenses incurred towards medical treatment, nursing, training, rehabilitation of a dependent with a disability
    • Amount paid as premium for an insurance policy designed for such cases and satisfying the conditions mentioned in the law

    The amount that can be claimed varies on the degree of the disability of the dependent.  Up to INR 75000 can be claimed as a tax deduction annually if the dependent suffers at least 40% of any specified disability.  A severe disability of 80% or more in a dependent allows the taxpayer to claim up to INR 1.25 lakh.  A medical certificate from qualified institutions must be submitted by taxpayers to claim such tax deductions.

    Treatment of Specified Diseases Under Section 80DDB

    A taxpayer suffering from diseases like cancer, neurological diseases like dementia, motor neuron diseases, Parkinson’s or AIDS entailing expensive treatment costs can avail of tax deductions under Section 80DDB.  The amount that can be claimed as a deduction is INR 40000 or the actual amount, whichever is lower.  For senior citizens who are taxpayers or dependents, this limit is increased to INR 1 lakh.

    Amount Paid as Rent With No HRA Payment Under Section 80GG

    An individual taxpayer who does not receive HRA as a salary component or is self-employed can claim tax deductions towards rent up to INR 60000 annually under Section 80GG.  The conditions for availing such tax deductions do not include taxpayers who own a house but live in rented accommodations within the same city or living in rented accommodations in another city and claiming deductions under Section 24 for repayment of home loan interest.

    Repayment of Education Loan Under Section 80E

    Students availing of education loans to pursue higher education are eligible to claim tax benefits on the repayment of the interest component under Section 80E. This deduction is available on taking an education loan from financial institutions and not from relatives or other family members. The tax deductions can be claimed from the year the repayment of the loan begins for seven consecutive years or until the interest is paid in full, whichever is earlier. There is no limit to the deduction claimed on the interest amount repayment.

    Donations Made to Charitable Institutions Under Section 80CCC

    Donations made to approved charitable institutions are eligible for tax deduction claims with appropriate supporting documents like a stamped receipt from the trust or institution, complete address, name of the trust and the PAN card number of the trust or institution. A tax deduction of 50% or 100% can be claimed depending on the charitable institution to which the donation is made. However, the total donation amount should not exceed a maximum of 10% of the adjusted gross total income of the taxpayer. The four ways in which donations can be categorized to claim the deduction are –

    • Donations to the National Defence Fund set up by the central government can be claimed as a 100% deduction without any qualifying limit
    • Donations to Jawaharlal Nehru Memorial Fund or the Prime Minister’s Drought Relief Fund can be claimed as a 50% deduction without any qualifying limit
    • Donations with 100% deduction subject to 10% of adjusted gross total income such as Government or any approved local authority, institution or association to be utilized for the purpose of promoting family planning
    • Donations with a 50% deduction subject to 10% of adjusted gross total income such as any institution which satisfies conditions mentioned in Section 80G(5)

    Conclusion

    These tax saving instruments can be a huge help for taxpayers to save on income tax and reduce income liability.  This income, can then, be utilized towards investment and growing savings.

    FAQ

    Which is the best tax-saving instrument in India?

    The following are the best Tax-Saving Instruments you can use

    • Equity Linked Savings Scheme (ELSS)
    • Public Provident Funds (PPF)
    • Senior Citizen Savings Scheme (SCSS)
    • Sukanya Samriddhi Yojna (SSY)
    • Tax Saver Fixed Deposit (FD)
    • National Pension Scheme (NPS)
    • National Savings Certificates (NSC)
    • Unit Linked Insurance Plans (ULIP)

    How to save tax for 12 LPA?

    Tax Deductions under Section 80(C) can help you to reduce your taxes. You can invest in PPF, EPF, ELSS, NSC and others to save taxes.

    How can I save tax smartly?

    Under Section 80C you can save your tax and these are the scheme which comes in 80C

    • Equity-Linked Savings Scheme: Equity Linked Savings Schemes are a type of mutual fund with a lock-in period of three year
    • Senior Citizen Savings Scheme
    • National Pension System
    • Term Life insurance premium
    • Public Provident Fund
    • National Savings Certificates
    • Tax-saving FDs
    • Home loan repayment

    How much income is tax-free?

    If your income is below ₹2.5 lakhs, you do not have to file Income Tax Returns (ITR).

  • How to Withdraw EPF online with UAN

    As per Employee Provident Fund Act of 1952, Employee Provident Fund  (EPF) is a government instituted scheme where the employee and the employer contributes a certain amount of money to their accounts. This fund can be utilised post retirement or in case of emergencies like education, marriage, house maintenance etc.

    This mandatory savings cum retirement scheme requires employees of eligible organisations to pay 12% of their basic pay into Provident Fund every month. However, in the wake of the pandemic, this number was reduced from 12% to 10% for non government employees.

    The deposited money in EPF will earn interest on an annual basis. Upon meeting certain criteria, the employee can even withdraw the money prematurely.

    What is Universal Account Number (UAN)?
    How to withdraw EPF online?
    FAQ

    What is Universal Account Number (UAN)?

    Universal Account Number (UAN) is the key to all of your EPF related transactions. While you may have multiple EPF accounts as you change your organisation. Even then, the Universal Account Number will remain the same.

    Through UAN, you can bring all your EPF accounts under an umbrella and keep them safe. They have a unique lock and key to protect your deposits and ensure that only you have access to the account.

    UAN is a 12-digit number which is assigned by the Ministry of Labour and Employment and generated by the Employees Provident Fund Organisation (EPFO). As far as Indian companies are concerned your UAN will be printed on your salary slip right from the time they start to deduct money for the EPF.  


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    How to withdraw EPF online?

    Unlike before, you can withdraw your EPF online in case of any emergency or after retirement. While it may take a few days to get the amount credited to your account, it is still better than the offline hassle that you have to go through. You can choose whether you want to withdraw it partially or completely and proceed the application accordingly.

    Before Starting

    • Make sure that your Universal Account Number is activated and that your phone number linked to your UAN is functional.
    • Ensure that your UAN is linked with your pan card and Aadhar card.
    • Keep ready your bank account details along with IFSC code.

    Applying to Withdraw EPF online

    • Go to the EPFO e-SEWA portal. Login to the website using your UAN and password. If at all you forgot your password, you will have an option to reset it.
    • Click the ‘manage’ tab, go to ‘KYC’ option and verify if your details such as Aadhar card, pan card etc. are verified correctly.
    • Go to ‘Online Claims Section’ and click on ‘Claim (Form-31, 19 & 10C)’ from the drop down menu.
    • When the Claim screen appears, verify the details once again and enter the last four digits of your bank account number. And click on ‘verify’
    • Click ‘yes’ to accept the terms and conditions and sign the certificate of undertaking.
    • You can then proceed to click on ‘Proceed to Online Claim’.
    • In the online claim you will see a set of options under the menu ‘I want to Apply For’. Click on your required option like full EPF withdrawal, EPF part withdrawal etc. Only the options for which you are eligible will be shown.
    • Depending on the option you choose, you will have to enter your complete address, purpose of such advance etc. In case you have selected the ‘Advance Claim’ option, you might have to provide cheque book details along. This varies for various options.
    • Do upload the requested scanned document as necessary.
    • After accepting the subsequent terms and conditions, request for the OTP.
    • After you enter OTP, your application will automatically be submitted.
    • The amount will be credited only after your employer approves your request. After that it will take upto 20 days to credit the amount to your account.
    • After submission, you can also track the status of your application by logging into your account through EPFO e-SEWA portal.

    Conclusion

    Today, many people depend on EPF to fund their emergency requirements rather than depending on loans. These days, many non-government firms are providing provisions for EPF. The government is also taking initiatives to bring in a maximum number of people under the protection of EPF.

    FAQ

    Can I withdraw my PF without resigning?

    No, Full withdrawal of EPF is not permitted before the retirement

    Can I withdraw full PF amount?

    No, you can withdraw 75 percent of provident fund balance if you remain unemployed for 1 month.

  • Report: How did Bangladesh overtake India in Per Capita Income?

    Bangladesh which is officially known as the People’s Republic of Bangladesh is a country situated in the South Asia. It is the 8thmost populated country in the world. The country had partitioned from India as part of Pakistan during 1947 and later got its independence from Pakistan in the year 1971.

    Recently the country has announced that it has achieved a per capita income higher than that of India. In this article let’s look at how the country surpassed India in regards to the per capita income.

    Per Capita Income of Bangladesh – Latest News
    Reasons Why Bangladesh saw growth of the per capita income
    Foreign remittances of Bangladesh
    Further steps taken by Bangladesh
    FAQ

    Per Capita Income of Bangladesh – Latest News

    The Per Capita Income of Bangladesh have seen an increase of up to USD 2,227 which is considered to be higher than India by USD 280 where India’s per capita income is USD 1,947. The planning minister of Bangladesh M.A Mannan had conveyed the cabinet of the country this week that the per capita income of Bangladesh had seen an increase from USD 2,064 to USD 2,227.

    The Cabinet Secretary of Bangladesh, Khandker Awarul Islam had said that the country has seen a growth in their per capita income during the fiscal year 2020-21 which is a 9% growth from the previous year.


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    Reasons Why Bangladesh saw growth of the per capita income

    The major reason for the growth of the per capita income of Bangladesh is due to the Awami League which took charge in the year 2009 according to Information and Technology minister of Bangladesh, Tarana Halim.

    She conveyed that the leader of the country Hasina had focused on the economic and human development with a strong benefit for the poorest. She also added that the country has a strong civilian government which has benefitted from having a good relation with India.

    Halim had also criticized certain Western Analysts who said that the growth of the country was due to the micro-credit NGOs in the country. She added that the micro-credit NGOs don’t invest in the education, infrastructure and connectivity which were the real reasons for the growth of the country.

    Per Capita GDP of India in USD
    Per Capita GDP of India in USD

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    Foreign remittances of Bangladesh

    Halim has conveyed that the country had invested heavily in these areas which had driven the growth and now the country is reaping the benefits of their investment. She also said that the foreign remittances have been another reason for the growth of the country.

    They have grown into a strong pillar for Bangladesh with an inflow of around USD 3,500 million expected in the year 2021. She conveyed that it has become possible as the government had laid strict restrictions on the labour exports.

    She also conveyed that the country has tightened the regulations on illegal migrations as those who go through an illegal mode wouldn’t send back remittances to the country.

    FAQ

    What is the per capita income of India at present?

    India’s per capita net national income or NNI was around 126 thousand rupees in financial year 2021.

    What is the per capita income of Bangladesh?

    The per capita income of Bangladesh is $2,227.

    What is Bangladesh’s main source of income?

    Bangladesh is driven by its exports of ready made garments, remittances and the domestic agricultural sector.

    Conclusion

    Bangladesh is more pleased as they are way ahead compared to Pakistan, it considered as a sweet revenge for the cruelty by the Pakistanis towards the country which is the genocide of 1971 where around 3 million people where killed by the brutal army of Pakistan.

  • Building Passive Income With Amazon

    The first thing Building Passive Income With Amazon going to require the effort, a lot more at the beginning than any other time right? Because you have to build it from scratch, but once you’ve built it and you built a product that’s ranking on Amazon for keywords, you built a product that’s got sufficient enough reviews – you have done it.

    It’s got that Foundation where it’s not just making money once in a while. It’s sustainably making money, right? Maybe you even have some external sources of traffic that are automatically sending people to your listing as well. Maybe you got Amazon ads turned on you got different ways or funneling into that. And so therefore that product can now provide back for you without much maintenance and work required for that’s the process of how to make passive income on Amazon.

    Now is there such a thing as a hundred percent passive income? Not really.

    Let’s say you build up your Amazon product and it’s selling great, making you money. Let’s say you decide just to forget about it for a year. You’d still be making money by the end of the year, but if you’re not really proactively growing it and maintaining it, at least then in becomes either stagnant or slowly diminish and drop.

    There’s more competitors that come in and they’re willing to put in work to compete with you or changes could occur on Amazon. And so that’s why and that’s by the way the case for most business models out there because there’s no 100% passive income that really exists. Maybe investing in stocks that pay dividends can help, just set it and forget it not this basically no maintenance in that whatsoever but still there are risks. So, Amazon business can provide that passive income, but here’s what I recommend is to maintain it right to check in on it to still, have certain things you do to help maintain it.

    Now there are a few things you are going to have to actively do for this, either you do it or you can hire someone else to do it.

    One thing is, you’re going to have to reorder your inventory. So if you’re running out of stock, running out of units to sell you’re going to have to reach out to your supplier. You’re gonna have to reorder that, create shipping labels and get that shipped to Amazon.

    Another thing is customer support and shopify product research. This is something that is important, Amazon does handle a lot of customer support for you, but still sometimes customers will send you messages on Amazon or email you that it’s your responsibility and Amazon expects this of you to respond to people in a timely matter. In fact, if you don’t respond to people Amazon will, potentially shut you down. If you’re not responding to people and being responsible with that, they usually give you warnings and whatnot first. They want people to have a positive customer experience on Amazon. And if they don’t, then they know they’re not going to come back to buy from him. So they want to make sure their sellers are responding to customers.

    This is something that I do recommend outsourcing. You can hire a customer service rep in countries like the Philippines, India other countries around the world, where you don’t have to pay them as much as you would versus paying someone in let’s say North America, but they can handle the customer support for you. They might have some occasional questions for you that require your answer which you might have to chime in for once a week or so, that might require a little bit of work not unless you hire a manager that can do that for you. Okay, but that is something that will also be an ongoing responsibility.

    Other than that, the only other thing that could require your time would be marketing. There’s many ways to Market but there’s some ways that are more active other ways that are more passive. So, for example a more passive way of marketing your product on Amazon (I’m talking about outside of Amazon), is getting traffic from Facebook or Google or YouTube or whatever might be, so some of my favorite ways are having a Blog. A Blog is something you’re going to create content on, articles going to write them up related to your product and you’re going to learn how to rank them in the search engines and Google, and when you create enough of these articles, they’re also kind of like these seeds that you plant: At first nothing happens, you’re getting no traffic, no visitors, but as you nurture it, you build it up and they rank in Google and they consistently start attracting people from the search engines and you funnel and Link that to your product on Amazon. I for example, my business I’ve got thousands of articles that are published on my website and a lot of them, they rank. I’ve got hundreds at rank in Google, it consistently makes me thousands of visitors every month. I don’t do anything guys. It’s just set it and forget it articles, that I wrote five years ago – five years ago that are still getting traffic and making me money. Same thing even to my YouTube channel. I’ve got videos that reach over 11.1 to 1.4 million views per month and majority of that, 89% of that is not my new videos or videos that I published a year ago, two years three, four five years ago. You might think: “well, blog YouTube channel. I’m going to consistently publish videos”. Not necessarily, I could stop publishing videos and all those other videos published before are still going to get views and still make me money and still build my business if I want to grow. Yes, I have to publish more videos because otherwise it could slowly decline, but I don’t have to publish more videos or publish more articles. It’s pretty much, I planted the seeds, the seeds have flourished and blossomed into trees and I haven’t got a lot of these trees that keep providing for me. So content can be great for that.

    Running ads like pay per click, advertising Amazon ads, Instagram ads. Those do require a little bit of active work because you have to optimize them. But the other way that you can look at this is – you can outsource a lot of this stuff, if you want to hire someone that could do this for you. They can run and manage that stuff for you.

    Now, it is going to take time to plant the seeds and to water them and that’s the time you’re going to put in but you have to do so and believe in the vision, the potential of what it will therefore provide for you because you’ll be able to reap the rewards of the benefits later. You have to just be willing to do the work up front. And then just be willing to maintain it there after that. Okay, if you’re willing to do that, then you can be able to turn this into a great passive income model.