Passive income ideas with investments. Participation in affiliate programs

I am glad to welcome the readers of our portal! Oleg Zolotarev is with you. Today we will talk about the now popular phrase " passive income". Many dream about it, because it's very cool, you see, to do nothing and get paid for it. But is it really so? What is passive income, what activities can be attributed to it, as well as what time, material and physical costs are behind it, we will analyze in today's article.

Passive income: a general concept!

Each of us roughly understands the meaning of the “passive income” category, because the clue lies in the phrase itself. Passivity means inaction. This means that the income received in this way does not imply an active labor process from a person. Thus:

Passive income is the receipt of remuneration with some frequency without the need for daily work.

It is safe to say that building a reliable base that will provide its owner with a good passive income is highest level financial independence. This is the bar that everyone needs to strive for, because it is then that a person will be able to feel complete freedom, enjoy life, have enough time and money to implement their plans and make their desires a reality.

Unfortunately, not all types of passive income can provide such freedom. More often than not, available sources, such as bank deposits or real estate rents, provide the owner with a steady addition to their basic income. However, there is no need to talk about living luxuriously solely on these cash receipts.

Of course, there are exceptions here too. Among my acquaintances there are people who at one time acquired a dozen apartments in Moscow and now safely rent them out and receive their considerable passive income. However, there are not many such people. The same applies to the situation with bank deposits. Given the low percentage of profitability (about 10% per annum), how much money should be owned in order to live comfortably only on interest? In this case, it is more expedient to invest free money in more profitable projects. I have already described affordable alternatives in the article Where to invest money in 2016 so as not to lose? Expert advice and personal recommendations!

In addition to these sources of passive income, you can also highlight:

securities, patents for certain inventions, software products or creative objects, trust management of own assets in business or financial markets, passive income on the Internet in the form of your own portal, affiliate programs.

Passive income requires an initial investment! Where to get them?

Whatever the source of passive income, there is one common feature for each of them - it is the presence of initial capital. It is impossible to achieve complete financial independence without initial investments. To receive interest on the deposit, you need to have this same deposit. To buy a security, you need money. To build your business, and then simply control its activities, you need a lot of money. To write a book, make a film or come up with an invention, and subsequently acquire copyright, financial resources are also needed.

However, what should a person who does not have the necessary financial layer do to forget about his dream of having a passive income? Of course not! Now you can just look at the screenshot of my screen and see the amount of money indicated in the corner:

I can freely dispose of this money: I can spend it, or I can make it a source of passive income. However, friends, such a figure did not appear on empty place. This is the result of my long-term work in the financial markets using a modern investment method - binary options. Right now I suggest watching a short video about them:

I have been trading binary options for several years. This way of income gradually turned from an interesting hobby to the main source of income. Skeptics now ask to calm their negativity. Our portal exists only because other people need it. No one is forcing anyone to immediately start trading binary options. It just shows an alternative that, with the right approach, will help a person with a minimum starting amount and a great desire to earn decent money, which can later serve as a platform for passive income.

Actually, my interest in this source of income appeared when I got acquainted with the Pamm-Trade portal. While I was learning to trade, so to speak, I was improving professionally, the portal itself was changing along with me. Now just a huge amount of information has been collected here on the part of trading with binary options and Forex. I started with fairly simple trading strategies and a $250 deposit.

What has helped me succeed and multiply my investment? Firstly, I am by nature a person who likes to bring everything to the end. I don't stop because of small failures. On the contrary, they encourage me to move forward even more. Secondly, before I start anything, I thoroughly study the information. I am absolutely sure that knowledge is the weapon that, sooner or later, will allow you to make a long-awaited shot at the top ten. So it was with me. And in many ways, the merit of the Pamm-Trade portal and its founder, Viktor Samoilov, is here.

I received most of the theoretical training on this portal. Now it is much easier for beginners. More and more detailed manuals appear every day, in which every step of a novice trader is described. The most detailed work on the Internet, after reading which you will know everything about binary options - this is, of course,

An equally informative, but more compact source, which clearly and consistently outlines the steps in trading, is an article. Actually, it is from her that I would advise you to get acquainted with the functioning of this modern investment tool. And to understand all the nuances and subtleties, refer to the first indicated source. You will definitely find answers to all your questions there.

You can rent out housing in any condition: with repair, without repair, for a long time or for a day - the differences will be only in the amount of future passive income. But the fact that there is always a demand for rental housing is 100%. Now you don't even have to worry about looking for tenants. Agencies and private realtors have flooded the market so much that they will gladly and completely free of charge take up the search for guests for you. In most cases, the tenant pays the commission for the services.

Of course, the better the apartment, the higher the passive income you can receive. Location and proximity to transport interchanges also play a role. Prices for renting an apartment in the city center and on the periphery with identical conditions may differ by 1.5-2 times. Renting a house in a resort town can generally be the only and sufficient source of income.

Regarding whether to rent housing for a long time or daily, one nuance must be taken into account here: how much free time do you have in order to engage in daily rent? Naturally, earnings with this type of rental will be much higher, but the risks and the cost of personal time too. And we are not even talking about the fact that the landlord independently engaged in the search for clients, their accommodation and other organizational issues. It will be necessary to invest more money and time in daily housing: change something, repair something, perhaps even listen to neighbors' complaints. There will be many questions and they will often arise, because the audience for such a lease can be the most diverse, 50% of the tenants will be, to put it mildly, dishonorable people.

Regarding the long-term lease, here passive income is provided in its purest form. I remember when I also rented an apartment, communication with the owner was minimal. For 5 years of residence, I saw him only a couple of times, I transferred the monthly payment to bank card if something fell into disrepair, he repaired it himself and included it in the cost of the future lease. If you try to find decent tenants on long time, with which there will subsequently be no problems with payment or damage to property, then this is on long years will be a good supplement to the basic income with your minimum participation. And if there are several such real estate objects, then, of course, you can live in peace only on this passive income.

Option #2: Passive Business Income!

This type of passive income is also possible, but the main problem that you will have to face is the selection of management staff. After all, the work of your business, and hence the size of your dividends, will depend on it.

Now there will be no talk of building your business from scratch and giving it to trust management. If anyone does not know what the essence of this term is, then it is described in detail in the article. I am 100% sure and have repeatedly seen how the owners treat the business that they built with their own hands. This attitude cannot be called otherwise than to your brainchild. What parent would give their child to another family? Therefore, businessmen who started from scratch and invested a lot of time and effort in a company that is successfully operating in the market will never voluntarily give it into the hands of another owner. Only forced life situations can induce to do this.

Another thing is if you decide to purchase a ready-made business, but there is no desire or time to deal with it. In this case, you, as the owner, will receive your passive income in the form of dividends and occasionally control the state of affairs. However, here you need to be aware: if you are poorly versed in the specifics of the activity, then it will not be difficult for the current management to deceive you. Even if the planted person enjoys great confidence, is a relative or friend, sooner or later he can succumb to ordinary human vices - greed and a thirst for power. In such delegation of managerial powers, there is a huge risk that you will be deceived and robbed. You will either have to put up with this, or devote more time to control, or take the reins of power into your own hands. The last option, of course, has nothing to do with the concept of "passive income".

Option number 3: Copyright and passive income!

Writing a bestseller, creating a hit song, coming up with a useful invention can all be a source of passive income. However, how many people are capable of this? But the fact remains: such a method exists, which means that I had to mention it in my list.

As they say, and the stick shoots once a year. Joanne Rowling, a world-famous writer thanks to her fantasy novel Harry Potter, while working as a secretary-translator and living on one allowance for some time, also could not imagine that within five years after the release of her book she would turn into a multimillionaire.

In fact, there are many such examples. Did you know that Margaret Mitchell, author of the world bestseller Gone with the Wind, wrote only this one novel in her life, which later brought her and her family big fees? The book was sold in millions of copies, and the first screen version of the work added another 50 thousand dollars to Mitchell's piggy bank. After the death of the writer herself, the copyright for the work was distributed among her nephews.

It certainly takes a lot of talent to create something like this. It rarely happens that one work will be the only source of income for many generations. More often than not, authorship involves ongoing follow-up work. They wrote a book, published it, and then it is necessary to advertise it. When the interest of the public fades, it is necessary to come up with something new. Only in this case, income will be maintained at the proper level. Not every musical group reaches the level of the Beatles and not every literary work becomes a bestseller.

Regarding the legislation in Russia concerning copyright, it is valid during the life of the author himself and the next 50 years after his death.

Option #4: Passive Software Income!

In fact, this is the same authorship, only in the field of IT technologies and programming. If you have any innovative ideas in this area, then you are provided with passive income for a while. You are unlikely to become the next Bill Gates, although ... For example, you know how to program for iOS and have created some kind of necessary application for the iPhone so popular today or have interesting game for the social network Vkontakte. Who knows, maybe your development will become another hit. How could Twitter developers have imagined that this simple software solution will receive such huge popularity?

Or another option without authorship - buy a server and provide paid hosting services. But then you need to take care of technical support. If you want to do it yourself, then lying on the couch will not work, you will have to answer numerous calls from users.

You can try to become an Internet provider. However, it only seems that it is worth buying the necessary equipment once, connecting it, and subsequently receiving passive income for many years. In fact, the difficulties lie not so much in the purchase of expensive equipment (it will take about 3 million rubles), but in numerous organizational issues e.g. registration legal entity, obtaining licenses, passing examinations. All this is also an additional cost. Subsequently, the same technical support, workers for installation and connection, personnel control, etc. In general, lying on a sun lounger by the ocean with a mojito is unlikely to succeed.

Option #5: Passive Blogging Income!

Thematic blogs have now become very popular. The most popular topics among readers are finance, business, health, sports and more. The point of a blog is to provide useful and interesting information visitors, and in return receive income from contextual advertising or affiliate programs. Of course, there are many pitfalls in this area. Website development is the most simple task of all along the way. Further, it will need to be constantly filled with high-quality and unique content. Of course, you can do it yourself, but this lesson will take a lot of time. It's easier to use the services of professional copywriters.

The advantage of article promotion over paid advertising in search engines is that the article will not disappear without a trace. You pay for it, post it on your blog, and it will be your long-term asset, which will subsequently lead to a lot of traffic. In addition, you will need to actively engage in promotion. Nobody wants a blog that hangs in the hundredth position in the search engines. In addition to SEO-optimized content, you will need to buy links, post articles on third-party resources, work in social networks etc. That is, the work will be difficult and painstaking. Especially if the portal was created from scratch, in the first half of the year it is hardly worth dreaming about TOP positions.

However, as soon as you manage to budge a huge car, it will start to move by inertia, but you will only need to push it slightly. When your blog has a sufficient number of visitors (preferably at least 1000 per day), you can connect contextual advertising and earn on every click. Subsequently, you will not be as active in the site as at the beginning. But I would not dare to call such income absolutely passive. You will have to constantly maintain attendance: write new articles, improve usability, and attract the attention of visitors. Without all this, your portal will soon be lost in the ranks of more active competitors.

Option number 6: Passive earnings with the help of mutual funds.

Mutual investment fund (UIF) is a pool of funds of individual investors (shareholders) managed by professional portfolio managers, investing them in securities (mainly stocks and bonds), precious metals, real estate and other assets.

Simply put, you trust your money management company for them to work effectively. Not everyone has the knowledge of the functioning of financial markets or the time to get it. However, there are people who have such knowledge, and they become the organizers of such funds, collect money from a group of people, invest it in various assets, and ultimately make money on it. You, as a member of the fund, also receive your share of the profits.

In Russia, the activities of mutual funds are strictly regulated by law, which is a significant plus for investors.

In world practice, such funds appeared a very long time ago, back in the 70s of the 20th century. However, in Russia, for the first time, mutual funds were formed in 1996, but at that time they did not gain much popularity. Since 2003, Russians have been actively entrusting their money to these funds.

The shareholder's income is the difference between the initial value of the investment and the amount that he will receive after the sale of the entire share or part of it. We should not forget that the fund is managed by professionals - portfolio managers, who, through the diversification of assets, minimize the risks of losses.

It is often thought that shareholders also receive dividends, but this is not so.

Mutual funds do not have any interest, dividends or other payments. Each participant receives his income only when selling his share (share).

Passive income from mutual funds: advantages.

What do mutual funds give to the investor:
1. The opportunity to enter the investment market even with a small amount of money due to the fact that the fund accumulates large capital from private contributions.
2. Do not participate in money management on your own, but entrust it to professional managers who understand not only which assets should or should not be included in the portfolio, but also can quickly respond to changes in market conditions and change portfolio assets in time.
3. A small risk of financial losses due to the diversification of assets and timely response to the market situation by investors.
4. Possibility at any time to buy additional shares, sell them, transfer them by inheritance or make them collateral.
5. Higher yield compared to bank deposits (it can reach up to 100% per annum and higher).
6. Lower commission costs for a brokerage company compared to if a person acted independently as an investor.
7. Confidence that the fund will not disappear just like many investment projects. The state regulates the activities of mutual funds at the legislative level. To prevent the abuse of depositors' funds, the money is separated from the management company. They are stored in a special depository, which also performs control functions. You can't just take money out of your account. The depositary can block the money at any time if he suspects any fraudulent activity. In addition, there are also supreme regulatory bodies - these are federal Service on financial markets and the State Tax Service.

Disadvantages of investing in mutual funds!

Of course, there are some disadvantages of mutual funds:
1. Risk of loss of invested funds. If the portfolio yield falls, then the shareholder is not guaranteed a return even of the initially invested amount, not to mention the profit.
2. Unknown return on investment. If with a bank deposit you know exactly how much money you will receive at the end of the term, then in this case the mutual fund does not have the right to announce a possible profitability.
3. Income from the sale of a share is subject to income tax at a rate of 13% for residents of the Russian Federation and 30% for non-residents.

Option number 7: Passive income classic - bank deposit!

A bank deposit is the placement of temporarily free funds of a depositor on a savings account in a bank to save and increase funds on demand or for a certain period specified in the agreement.

If investments in mutual funds or binary options are more innovative methods of money management, then a bank deposit is the most famous and common way to receive passive income. Everyone knows about it, and most people use this particular method, despite its low profitability, which sometimes can only cover the existing level of inflation.

Bank deposit in money or precious metals cannot be named effective method investing is more of a way to save your money. Passive income from such investments will be negligible.

Option number 8: Trust management in financial markets!

You can trust your money in the management of professionals not only with the help of mutual funds, but also traders on the stock exchanges. Moreover, it can be both an over-the-counter market and quite real transactions, for example, on the American stock market or on the Moscow Exchange. The fact is that if in the case of mutual funds you do not risk being deceived, since its activities are regulated at the state level, then in all other cases no one will give you any guarantees.

Now any binary options broker or Forex broker will offer you a trust management service, but it will not take even a month for your money to fly into the pipe. This is natural, because the broker is not interested in his own ruin. However, in the case of real trading, for example, stocks or indices, trust management may well become a mutually beneficial cooperation between an investor and a trader, because they often divide profits and losses in half, respectively, everyone is interested in making a profit.

But the difficulty of entering the same New York Stock Exchange is that here you will not be limited to the initial amount of $200-300. In order for a trader to be able to work effectively with exchange-traded assets, a minimum of $25,000 is required. And of course, no one can guarantee you a stable passive income, because speculation in financial markets is, first of all, high risks. Even super-professionals cannot reduce all of them to zero.

Option number 9: Participation in affiliate programs and passive income from it!

The affiliate program implies your participation in increasing conversions (selling services or products, registering, clicking, filling out a questionnaire or other other action), for which you will receive an appropriate reward in the form of a percentage.

Affiliate programs are similar to network marketing, but if the MLM business involves your constant activity, then in the case of an affiliate program it may not be.

I will give a simple example: once upon a time I worked part-time on a copywriting exchange and became a member of an affiliate program. I had my own referral link, according to which the system determined all my attracted people: it doesn’t matter whether it was an author or a customer. When his account was replenished, a certain amount of money came to my account - a percentage of the client's replenishment. At the same time, I myself had long ceased to work on the stock exchange, and the money kept dripping.

These programs are now ubiquitous on the Internet. They are single and multi-level. Naturally, the second option is more interesting, because then you get passive income from a whole chain of attracted people.

It is believed that the largest partner remuneration (up to 25%) is offered for various information products - courses, online learning, master classes, etc. On a hosting affiliate program you can get from 10 to 20%.

It is very good if you have your own website, then it is easier to make money on an affiliate program. However, even without it, you can distribute affiliate links in many ways, for example, through social networks, forums, mailing lists.

Findings.

Friends, today we reviewed various ways How can you earn passive income these days? What conclusion can be drawn from all that has been said? In the classical sense, it is rarely present anywhere. Almost everywhere you will be required to participate and some activity. Of course, passive income is not a myth. But in order to be able, without doing anything, to receive not miserable pennies in the form of interest on a savings deposit, but decent income, you need to try very hard. It is necessary to have either a good initial capital, or a profitable operating business, or an advanced Internet resource.

Having been trading binary options for several years, I managed to make a good amount of capital, but in the near future I do not plan to make passive income out of it, I am used to constantly acting and actively investing, and most importantly, getting a great buzz from this activity! After all, as you know, movement is life. And in my deep conviction, only its dynamic rhythm is the only true one of all existing ones!

Businesses, investors, owners of liquid assets and free cash are often interested in what sources of passive income can be used to improve their financial situation with minimal risk of losing their property or savings. In addition, even the most hardworking people at least occasionally dream of getting stable profit and while doing nothing.

But everything in the economy is built on the basis of the laws of materialism, which exclude any miracles and magical transformations: to make a profit, you need to either work, or have money (other resources) that can be invested in a profitable business. That is, you can make a profit in two ways: by taking an active part in some profitable business or by investing your money/property in projects that generate passive income.

The last option is the main topic of the presented article, from which you will learn about what are the sources of passive income with real life examples, how much money they bring, and what you risk by making a profit in this way. These recommendations will help readers to effectively use their savings and other assets, and you will learn how to make a profit with minimal risk of becoming a victim of fraud.

Sources of passive income - popular types

Among the most common sources of passive income in Russia are the following::

bank deposits. Simple, reliable, no need to calculate or analyze anything. The risk of losing savings is minimal if you open a deposit in a well-known bank. Main disadvantage is that your earnings, if you open a deposit in a serious bank, will be a penny, and taking into account inflation, almost zero. Some small, obscure financial institutions offer much higher interest on deposits than any average bank, but there is no guarantee that you will receive them. In a couple of months, this office may disappear along with your money. This type of profit makes sense when you have a large amount of money that you do not risk investing in other projects.

The next source of passive income is created from scratch, and on initial stage requires your participation. We are talking about your own business, when you organize and improve its work, and then get a stable profit. The main disadvantages are related to the fact that at first (sometimes several years) it is necessary to work very hard, and then find a manager who can be trusted one hundred percent. Advantages - high reliability, stability, income is much higher than in other passive income options.

Renting an apartment or other real estate. If you have a free apartment in a big city, then you do not need to worry about your financial condition. Many experts researching best sources passive income, this method is put in the first place. The risks are minimal, the main thing is to find a decent client and conclude an agreement with him that will take into account all the nuances. You need to invest money only in the repair and purchase of furniture. That is, you don’t need to do anything, just make a monthly profit and check how your tenants comply with the agreements. But this is provided that you already have a property. The situation when you need to buy an apartment does not look so attractive.

Creation of your site. Good view income, but it, like any other business, at the initial stage requires a certain participation from you, and in further work, you need a reliable leader of this project. In addition, this activity is associated with huge competition, therefore, in order to make a profitable resource, you need a truly original idea. Some theorists of economic disciplines, analyzing possible sources of passive income, believe that the development and development of a web resource is impossible without the participation of its creator. The conditions of affiliate programs change, new advertisers appear, new content constantly needs to be added to the site, etc. In other words, this business can hardly be classified as passive income.

Unlike the previous option, investing in Mutual Funds allows you to receive passive income and can be considered a classic example of this type of income. You entrust your savings to professionals who know what securities will bring profit, so you don't have to worry about their safety. The main thing is to choose the right mutual fund, the size of your income depends on it. According to a similar scheme, you can transfer your money to trust management on stock exchanges, currency markets, etc. If you understand the mechanism of formation of exchange rates and know how to work with securities, you can earn money without the help of intermediaries.

There are also sources of passive income without investing financial resources. These include renting real estate (described above), receiving royalties for a book or scientific work, as well as royalties for inventions, provided that you have the appropriate patents for them. The presented options look very attractive financially, but in order to receive money in this way, you must have the talent of a writer or inventor. Unfortunately, there are very few such people, but maybe it is you who have all the prerequisites to create something brilliant and receive a decent reward for it.

In a separate group, it is necessary to allocate profit by leasing equipment and vehicles. The recipient of passive income runs the risk in this situation that his property will be brought into a state beyond repair. Of course, such things are necessarily discussed in the contract, but if the car costs millions of rubles, the owner will have to wait a long time until he is paid off. Therefore, do not forget about insurance companies that will help you solve such problems.

Many readers are interested in how the situation on this issue has developed in other countries. If you do not delve into some of the nuances, we can say that there is no difference, for example, the sources of passive income in Ukraine fully comply with the above list.

Differences across countries may arise in the category that theorists call "legal" passive income. This includes cash payments such as pensions, subsidies for paying utilities, scholarships, affordable housing, etc. This money is paid by the state to people who find themselves in a certain life situation when they need financial assistance.

Practical recommendations for creating stable sources of income

Practice shows that a person who is completely focused on his work rarely thinks about getting passive income. Of course when we are talking about a favorite business that brings an adequate profit, which is enough to satisfy all needs, including the creation of a decent reserve fund, then there is no need to resolve this issue. But in the case when the salary is not enough, you need to look for free time to solve financial problems. A working person needs to focus on multiple sources of passive income that will insure each other, allowing them to count on a certain stability.

This week, one affiliate program does not work, which means that the other will bring more money, instead of 100 dollars they earned 50 dollars on referrals, but advertising on the site was 30% more profitable, etc. Take the time to create profitable assets that will significantly increase the cash flow to your personal budget. The more sources of income there are, the less likely it is to suffer, financially, from external adverse factors (for example, a sharp change in the exchange rate).

Never spare money for your own education. Increase financial literacy, learn the theory of entrepreneurship, Special attention pay attention to the analysis of ways to passively earn money using the Internet. Of course, not every person can independently create a site, then organize its promotion in the main search engines and ensure that the resource brings a stable profit.

But if you have an interesting idea, find the right people, start-up capital and start implementing the project. Analyzing the sources of passive income on the Internet, we can conclude that your web resource is one of the most promising in terms of profit and stability.

In addition, a personal website is the foundation for the following areas of profit:

Banner and contextual advertising. If you are the owner of a promoted site with high traffic, advertisers will search for you and agree on the placement of their advertisements.

Sale of links.

Partnership programs.

If we talk about sources of passive income on the Internet without investments, then it must be said that this is a rather difficult, but doable task. Alternatively, you can direct your efforts to attract referrals to mailing list sites. Naturally, at the initial stage you will have to work, but then you will only make a profit without doing anything. For readers who are not familiar with mailers, in a nutshell about the mechanism of their work. On these resources, some users set simple tasks, while others perform them for a monetary reward.

This can be voting in contests, writing small reviews, chatting on forums, clicking on advertising links, and many other small tasks that do not require special qualifications. If you brought a performer to the mailer who will earn $ 50 every month, your profit will be five. Imagine that you have a hundred referrals on 2-3 sites. In this case, your passive income will be from 1000 to 1500 dollars. At the same time, you do not need to invest money, the main thing is to come up with effective methods for attracting referrals. Another option is trading affiliate programs where you need to attract customers, but this way of earning can hardly be called passive.

If you still doubt whether it is worth creating sources of passive income, we will comparative analysis of this method with active methods.

Active income implies constant work, if you work, there will be money, if you don’t work, no one will pay anything. Passive income is accrued steadily and without your participation.

Sources of active income are limited: You cannot work in 5-10 places at the same time. Passive income can be received from 1-2, as well as from 50-100 sources.

Practice shows that active income is chosen by people with a low level of financial literacy, who are under the influence of stereotypes that were formed back in Soviet times. Passive income is of interest to educated, progressive people who strive for financial independence.

An analysis of the sources and methods of passive income showed that this topic is of interest to every hardworking person who is not going to work for someone all his life, giving his time, energy and health for a penny, the main thing is to think positively and not despair, if from the first not everything works out.

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Alexey Zenkov

When someone is looking for an opportunity to earn extra money, most often they are advised to find a temporary part-time job. But what if you don't have the time or energy to do so? In this case, you need to find ways to generate passive income - making money with little investment of time and effort on your part.

1. Try index funds

Index funds allow you to receive income from investments in the stock market absolutely passively. For example, if you invest in a fund based on the S&P 500 index, your funds will be invested in the general market, and you will not have to think about how to manage your money and whether to sell or buy shares of certain companies. All these moments will be managed by the fund, which forms its investment portfolio depending on the state of a particular index.

You can also choose a fund that works with any index. There are funds involved in various business sectors - energy, precious metals, banking, emerging markets and others. You only need to decide for yourself that you want to do it, then invest and relax. From now on, your stock portfolio will run on autopilot.

1. Make videos for YouTube

This area is developing very quickly. You can make videos of absolutely any category - music, educational, comedy, movie reviews - anything ... and then put it on YouTube. You can then connect Google AdSense to these videos and they will show automatic ads. When viewers click on this ad, you will earn money from Google AdSense.

Your main task is to create decent videos, promote them on social networks and maintain enough of them to earn income from a few clips. Shooting and editing a video is not so easy, but after that you will receive a source of completely passive income that can last a very long time. long time.

Not sure if you can do it on YouTube? Michelle Phan combined her love of makeup and art with making videos, gained over 8 million subscribers, and now opened own company with a capitalization of $800 million.

1. Try affiliate marketing and start selling

This is a passive income technique more suitable for owners of blogs and active Internet sites. You can start promoting any products on your site and receive a fixed fee or a percentage of sales.

Making money in this way is not as difficult as you might think, because many companies are interested in selling their products in as much as possible. more places.

You can find partnership offers either by contacting manufacturers directly or on specialized sites. It is best if the advertised product or service is of interest to you or corresponds to the theme of the site.

1. Make your photos profitable on the web

Do you love taking pictures? If so, you might be able to turn it into a source of passive income. Photobanks, such as and, can provide you with a platform for selling pictures. You will receive a percentage or a flat rate for each photo sold to a website client.

In this case, each photo represents a separate source of income that can work again and again. All you have to do is create a portfolio, upload it to one or more platforms, and that's where your action will end. All technical issues of photo sales are handled through the web platform.

1. Buy high yield stocks

By creating a portfolio of high yield stocks, you will receive a source of regular passive income with an annual interest rate much higher than the percentage of bank deposits.

Do not forget that high-yielding stocks are still stocks, so there is always the possibility of capital revaluation. In this case, you will receive profit from two sources - from dividends and return on invested capital. To purchase such shares and fill out the relevant forms, you will need to create a brokerage account.

1. Write an ebook

Of course, this can be quite a laborious process, but when you write a book and place it on marketplaces, it can provide you with income for years. You can sell the book on your own site or enter into a partnership agreement with other sites that are relevant to the subject of the book.

1. Write a real book and get royalties

As with writing e-book, first here you have to work hard. But when the work is finished and the book goes on sale, it will become a completely passive source of income.

This is especially true if you manage to sell the book to a publisher who will pay you royalties on sales. For each copy sold, you will receive a percentage, and if the book is popular, these percentages can result in substantial amounts. In addition, these payments can last for years.

Mike Piper of ObviousInvestor.com recently did this. He wrote the book Investment plain language”, which was sold only on Amazon. The first book became so profitable that he created an entire series. These books are in total.

1. Get cashback from credit card transactions

Many credit cards provide cashback in the amount of 1% to 5% of the purchase amount. You still go shopping and spend money, right?

Such bonuses allow you to provide yourself with a kind of passive “income” (in the form of reduced spending) from actions that you still perform.

1. Sell ​​your own products online

In this area, the possibilities are endless: you can sell almost any product or service. It can be something you created and made by yourself, or it can be a digital product (software, DVDs or instructional videos)

For trading, you can use a specialized resource, if suddenly you do not have your own website or blog. In addition, you can enter into a partnership agreement by offering goods to sites of relevant subjects or using platforms like (American marketplace for the sale of digital information products - ed.).

You can learn how to sell goods on the Internet and earn quite a lot from it. It may not be completely passive income, but it is certainly more passive than a regular job that you have to go to every morning.

1. Invest in real estate

This method falls rather into the category of semi-passive income, since investing in real estate implies at least a small level of activity. However, if you have a property that you are already renting out, the only thing left to do is to maintain its condition.

In addition, there are professional property managers who can manage your property for a fee of approximately 10% of the rent. Such professional managers help to make the process of profiting from such investments more passive, but they will take away part of it.

Another way to invest in real estate is to pay off a loan. If you take out a loan to buy a property that you will rent out, your tenants will pay off this debt a little each month. When the full amount is paid, your profits will increase dramatically, and your relatively small investment will turn into a full-fledged exit program from your main job.

1. Buy a blog

Thousands of blogs are created every year, and many of them are abandoned after a while. If you can acquire a blog with enough visitors - and therefore enough cash flow - it can be a great source of passive income.

Most blogs use Google AdSense, which pays once a month for ads placed on the site. You can also enter into partnership agreements to provide additional income. Both of these streams of profit will be yours if you own a blog.

From a financial standpoint, blogs typically sell for 24 times the monthly income the blog can generate. So if a site can make $250 a month, chances are you can buy it for $3,000. This means that by investing $3,000, you can receive $1,500 annually.

You may be able to buy the site for less money if the owner really wants to get rid of this asset. Some sites host "eternal" materials that will not lose their relevance and will generate income years after publication.

Bonus Tip: If you buy such a site and then fill it with fresh content, you will be able to increase your monthly income, and you will be able to sell the site again after some time for a significantly higher price than you paid when you bought it.

Finally, instead of buying a blog, you can create your own. This is also a good way to earn money.

1. Create a selling website

If there is a product that you know a lot about, you can start selling it on the profile site. The methodology is the same as when selling a product of your own manufacture, except that you do not have to deal with the production itself.

After a while, you may find that you can add similar products. If this happens, the site will begin to generate significant profits.

If you can find a way to deliver goods directly from the manufacturer to the customer, you won't even have to get your hands dirty. It may not be 100% passive income, but it is very close to it.

1. Invest in Real Estate Investment Trusts (REITs)

Let's say you decide to invest in real estate, but don't want to pay attention and time to it at all. Investment trusts can help you with this. They are something like a fund that owns various real estate projects. The funds are managed by professionals, so you don't have to interfere with them at all.

One of the main advantages of investing in REIT trusts is that they usually bring higher dividends than stocks, bonds and bank deposits. You can also sell your interest in the trust at any time, making such assets more liquid than owning real estate on your own.

1. Become a passive business partner

Do you know a successful company that needs capital to expand its business? If so, you can become something of a short-term angel and provide that capital. But instead of giving credit to the owner of the company, ask for a share of the shares. In this case, the owner of the company will manage the work of the company, while you will be a passive partner, also taking part in the business.

Every small business needs a referral source to support sales. Make a list of entrepreneurs whose services you use regularly and whom you can recommend for cooperation. Contact them and find out if they have a payment system for referrals.

You can add accountants you know, landscape designers, electricians, plumbers, carpet cleaners, you name it. Be prepared to recommend these people to your friends, family, and colleagues. You can earn commission on every referral just by talking to people.

Don't underestimate referral programs professional field. If the company you work for has bonuses for recommending new employees or new clients, take advantage of it. This is very easy money.

1. Rent out unused accommodations on Airbnb

You may ask: if there are so many applications, why should you try to create another one. Isn't there too much competition? Everything is so, but fresh creative ideas can win. If you can come up with something unique, you can capitalize on it.

Don't know how to program? No problem, you can learn. There are a lot of different courses on the Internet, including free ones. Alternatively, you can hire a developer to create an application based on your idea.

The end result is an application that will potentially generate relatively passive income.

1. Create online courses

Every person is an expert in something. Why not create an online course about your hobby?

There are several ways to create and deliver your own online courses. One of the easiest ways is to use sites like

Passive income is a method of making money that does not require constant effort and work from you, you get your money even when you just sit in front of the TV and drink tea with sweets.

Surely you have noticed that most of the rich and successful people monthly receive not a small profit almost out of thin air. In fact, money doesn’t “drop” into anyone’s bank account just like that. It's all the result of hard work. Let's try to understand this issue together and learn with a minimum of effort with the help of passive income.

What is passive income

A large mass of all people are accustomed to living by standards. The monotonous lifestyle of "home-work-home" suits many. Some men and women, wanting to earn additional income, get a second or third job. But with such an approach, it is hardly possible to become a successful person. In order to live for your own pleasure and not think about whether you will “reach out” to the salary, you need to find a source of passive income.

Passive or residual income This is a type of income that does not require active actions of a person. Simply put, every month a certain amount of money for previously done work is credited to the bank account. That is, you invested money in a business, or successfully sold your creation, and now you receive a reward throughout your life (or several years).

But in fact, it is not easy to organize and receive such income. You will have to put in a lot of effort. This may take years. But it's worth it. And yet what is the point of getting money in this way?

In order to receive dividends or interest, you must have an asset. And it is these types of assets that we will now talk about.

There are several types of passive income.

• Intellectual. Occurs when a certain intellectual product is created. It can be a book, a song, an invention, a video. Subsequently, the author (rentier) receives a fee and a percentage of each copy sold, a patent.
• Investment (financial). To obtain this type of passive income, some capital is required, which is invested in real estate, securities, stocks, etc. Such deposits are the source of interest and dividends.
• Marketing. By creating a marketing network, a personal website or your brand, you can receive a certain amount of money every month.
• Legal. This is the type of income that many citizens are entitled to by law. Namely, pensions, social payments, material assistance. So, if you are part of a group of people who rely on social services. payments, then by filling out the relevant documents in a state institution, you can regularly receive money without making any effort. We will not talk about this species, because it is already clear to everyone.

A person who lives on money from passive income is called a rentier. He most often owns real estate, which he rents out, financial assets, or intellectual property.

What is the difference between passive and active income

Modern man is accustomed to survive thanks to active income. But this is due to the fact that not everyone knows and understands the difference between active and passive profit. In order to start a new life, or leave everything as it is, let's find out how passive income differs from active income.

1. Active income is received by an employee, a specialist, an employee for some work done. It could be wage, advance, premium, etc. But if a person stops his labor activity then they don't pay him any money. Passive income does not depend on whether you worked this month or not, and you receive payments anyway.
2. In order to receive dividends, interest, you must have initial capital, assets. To receive active income, you do not need to have any valuables.
3. Active income limits a person's actions. For this type of income, you can work one or two jobs. While passive income does not limit the actions of the owner. Those. financial capital can be divided into several parts and invested in different projects.
4. The risk of being left without a livelihood is higher with active income. So, when you leave your job, you will no longer receive any payments, i.e. loss will be 100%. Having passive income and investing assets in several projects at once, you will never be left without money. In case of failure of one project, you receive income from the rest.
5. Active income is preferred by people who do not understand financial matters. Therefore, they most often never achieve financial stability. Owners of passive income live for their own pleasure and do not need anything due to financial independence and prosperity.

Sources of passive income

So, we have already found out what passive income is, what types it is divided into and how it differs from active income. It's time to find out how and why you can create a source of passive income.

Let's take a look at the most popular and affordable ways to get "easy" money together.

Renting out real estate

One of the most popular and common ways to earn passive income. To receive rental income, you must at least have real estate, or a rather large capital, for which you can buy residential or non-residential space.

After acquisition square meters you will need to work hard to make repairs, purchase the necessary furniture. Real estate can be both residential and commercial. In the first, people live and relax (houses, apartments), and in the second they work (offices, industrial premises).

With this type of income, you receive a certain amount every month, but from time to time you will have to make repairs and monitor the condition of the premises. This can be avoided by using the services specialized firms. They will take over most of your duties, and in return they will demand about 10% of the rent of the premises.

Leasing of special equipment, equipment for rent

Renting out special equipment as well as renting real estate is a profitable business. Very often, this type of income brings more profit than renting real estate. All due to the fact that special equipment and equipment can quickly pay off. So, for example, if you have any expensive construction tool, then regularly renting it out, it will cover the cost for several months.

You can rent any movable property, the value of which is higher average salary you have in the city. It can be the most diverse equipment (commercial, industrial, industrial), machines, inventory.

For example, one acquaintance for his factory periodically rents a car with a tower (boom) to repair power supply systems, raising electricians to the desired height to the cables. For a day they give more than 5000 rubles. Calculate the profits yourself.

Owning such equipment, you can live comfortably for more than one year.

Renting advertising space

Everyone knows that advertising is the engine of commerce. It is thanks to the bright promotions that trading companies have become successful. Our people are arranged in such a way that they buy and use exactly those products and services that everyone hears about. This is what many advertising companies use. They try to place ads in all sorts of places. It could also be cars public transport, billboards and even residential buildings. So why not make money on it?

Renting advertising space is a great passive income option for lazy people. All because you need a minimum of effort. This is to find an organization and offer your services for advertising on your car, house facade, balcony, etc. After that, an agreement is concluded, you place the specified type of advertising (posters, stickers, etc.) and you receive the agreed amount. The only negative may be the limited terms of your agreement. But you can always find an advertising company that wants to work with you.

Bank deposits (deposits)

One of the least labor-intensive ways to generate passive income is bank deposits or deposits. They require a minimum of effort. You will only have to find a reliable bank with the highest possible interest rate. Everything else is done by employees of the financial institution. The only condition is the presence of a certain capital, which should be invested. The larger the amount, the larger the amount of interest.

If you have several million at your disposal, then having made a profitable investment, you may not work at all. But if the amount is not large, then, accordingly, the income will be minimal. Very often, people with a small income set aside a certain amount every month for several years. As a result, their children have a good passive income.

But this type of income has a significant disadvantage. This is inflation. It is because of her that investors lose up to 10% of their income, because. money depreciates every year. This must be remembered before concluding a long-term contract.

Intellectual or creative product

This type of earnings will appeal to talented and gifted people. It is they who can create some intellectual or creative product. It can be a book, a song, a poem, some invention.

After writing the book, you will need to contact the publisher, where they will accept the manuscript (if it is really worthwhile). After the publication of your masterpiece, royalties will be paid and a percentage of each sold copy of the book will be deducted monthly. It all sounds very nice and simple, but in fact, this type of earnings has very tough competition. Therefore, only brilliant authors who are loved by millions of readers receive the maximum cash payments.

If you create any technology, you will have to patent it. If the invention is useful and its mass production begins, then your children can also receive passive income.

Own business

If you feel the huge potential of a leader in yourself, then you can try. In order for it to bring passive income, it is necessary to work actively for several years.

First you need to understand what exactly you want to do. This should be an area of ​​activity that you know well. Let's give a simple example, if a man is well versed in cars and loves transport, then it would be a great idea to open your own service station.

When the idea is "ripe", get and. Then start the business.

When you realize that your business has become successful and brings a stable income, you can think about how to delegate it (transfer certain powers to another person) and receive passive income.

In order to retire and “skim the cream” in the form of cash, you need to remember that the company you built should work like a well-functioning mechanism, and the person you entrust the management of the company will not let you down and justify the trust placed in you.

Based on the experience of many companies, we would not recommend completely withdrawing from business. This leads to bankruptcy in 90% of cases.

Selling a franchise and receiving royalties

Owners of large well-known companies can count on such a source of passive income. It does not require any capital, but to obtain it, you will have to work fruitfully for more than one year. Let's take a closer look at franchises and royalties.

In simple terms, a franchise is a lease of a brand, trademark, company management method, slogan, etc. some unknown organization. Thanks to this, the production and sale of its products under the logo of a well-known brand is carried out. As a result, the turnover and income of the start-up firm are rapidly increasing.

After the sale of the franchise, royalties (an agreed amount of money) are regularly paid. It can also be a certain percentage of the income of the firm that bought the franchise.

At first glance, everything seems easy and simple, but in order to receive passive income, in this way, you need to build a large business or a brand that will be heard.

Investing in a third party business

People with solid capital and assets can count on passive income by investing in a third-party business. The more you invest, the more interest you get.

In order to invest in a third-party business, you need to study the business plan well, calculate everything possible risks regularly monitor the activities of the company. Only in this way you will save your investments and not be deceived.

Investing in any business is a very risky undertaking. In order not to lose all the money in case of bankruptcy, do not rush to invest all your savings in one project. It is better to invest in several organizations at the same time. Thanks to this, in case of failure of one project, others will bring passive income.

Creation of a mobile application

AT modern century progressive technologies Most people have a mobile device that supports various applications. Mobile apps make life easier for millions. Everyone downloads an unlimited number of them and recommends to others. Therefore, anyone can create their own application that will bring decent passive income.

• First, you need to get an interesting idea. She can help you get rich. Due to the high competition, it is sometimes difficult to surprise users, but if you do succeed, you are guaranteed success.
• Second, create an application. To do this, you need to contact specialists who, for a certain fee, will be happy to help you.
• Thirdly, place the finished product on the platforms. For starters, don't overcharge the app. Set the minimum amount. And when thousands of people like it, gradually raise the price. Or make it free, but with paid add-ons or ads.

Creating a mobile application is a fairly simple source of passive income. In most cases it does not require big investments, and the income received can pleasantly surprise for several years.

Creating a YouTube channel

Probably every PC user at least once watched videos on YouTube. This is really a very convenient site where you can find any information of interest (master classes, training videos, funny videos, etc.). Millions use this service every day. So why not make money on it?

To get passive income with YouTube, you just need to create your own channel and upload interesting, and most importantly, useful videos. It can be varied, ranging from a video of funny animal behavior to a repair master class. washing machine. It all depends on what you can do.

Very often, a start-up company lacks recommendations that will ensure regular sales. If you have a wide circle of acquaintances and close cooperation with a large number of firms, then passive income from recommendations is created just for you.

So, communicating, you will find out that someone needs the services of an electrician or a designer. You can recommend this or that company and receive a monetary reward or a certain percentage for this. The main thing is that in this organization there are payments for recommendations.

Maybe the amounts will not be sky-high, but it's better than nothing. The lack of start-up capital is the main advantage of this method of obtaining passive income.

Passive income on the Internet - your website or blog

I started to deal with blog sites (article sites) a long time ago, but I did not turn them into passive income. I developed them for sale or temporary income from advertising and as a rule they did not stay with me for more than 1 year. But now that I already have several main activities, why not slowly start acquiring assets with passive income. So I created a website a few years ago, which now brings more than 100,000 rubles. only on contextual advertising without my participation. And what's more, I did not stop there and made several more sites that are now generating income.

What is good passive income from websites?

The fact that articles will be read constantly and search for information constantly. Having written an interesting article 1 time, it will bring you a lot of traffic from search engines and will bring readers constantly. And that means income. Blog development is about creating interesting content (articles for example) and attracting readers. When there are readers, you place contextual advertising and earn on clicks on it. It's very profitable. Having swung a blog a little, you will already be making a profit, and with each increase in readers, the profit will grow. And then you can do nothing and only occasionally publish articles, and the money will still drip in this plus. Or you can put the editor in charge of your site or several, as we do.

If you plan to develop this direction, then read the section on. There you will find useful information, and if it is not enough, then ask questions, we will add.

Investments in the purchase of information sites

If you do not want to create a source of passive income in the form of a site, as I described above, then you can buy sites with income. But for this, you must at least understand the topic and go all the way from creating your sites.

Affiliate programs as passive income

I already wrote an article about . And this source of income can be made passive. If you work well in this direction and a lot of people will be registered using your affiliate links in those services or stores on whose affiliate program you earned, then all further actions of these people will also be paid to you.

I still get money from many of the services I referred people to a few years ago. This is a small income, but comparable to renting an apartment in Omsk.

We hope that everyone who reads this article has already understood the importance of passive income and the main differences from active income. Now let's try to figure out together how to achieve this coveted financial independence.

1. Start with yourself and educate yourself. In order to make assets, capital, business work productively, you first need to study the theoretical part. Start reading books by famous financial experts (eg Robert Kiyosaki, Bodo Schaeffer, Robert Allen, etc.). Thanks to this, you will better understand all the nuances and details of financial activities.
2. In your free time from your main job, start looking for a source of passive income. Maybe you will invent something new, patent your creation and receive monetary rewards all your life, or maybe you have another hidden talent that will help you find financial freedom. To make your work enjoyable, try to turn your hobby into a source of income. For example, an amateur photographer can sell his work on specialized platforms on the Internet, and a programmer will create an Internet application that will be downloaded by millions of people.
3. If you still found a way of passive income that suits you, do not stop there. Try to develop and discover new ways of earning. For example, having profitably invested money in a bank, you can still upload videos on YouTube, review existing construction equipment and rent it out.

Why the poor stay poor and the rich stay rich

The subconsciousness of most people of our time contains information that in order to feed their families and provide for themselves, they need to learn some profession, and then plow all their lives in a factory, mine, office, etc. At the same time, to fully relax only once a year on vacation. That is why the plan is moving the average person in our country.

At the same time, more successful and financially literate people have long understood that a decent income can bring not active, but passive income. Naturally, they understand that in order to regularly receive money, putting a minimum of effort, you need to work actively for a certain time. This period may be several years, but such a person is aware that he is working to create passive income that will ensure a comfortable old age.

Poor people work only to satisfy their needs. At the same time, they do not even think about creating some kind of capital that can bring money. AT best case a person gets a job or an additional job.

The difference between the poor and the rich is how they spend their free time. A wealthy person gets richer every minute due to the passive income that profitable investments. Low-income people drink beer, watch TV and complain about the life of the people around them.

One well-known businessman and financial analyst said that a person's success is not measured by the amount of a bank account, but by the amount of time that he can not work. It really is. After all, you can deny yourself everything all your life, limit your desires and needs, while collecting savings in a three-liter jar. But such a person can hardly be called happy, successful and enterprising.

How to achieve financial freedom and independence

In order to live for your own pleasure, you need to make money work for you. This is possible if you work hard for a while. During the period of activity, we do not call for work 24 hours a day. It is enough to look for methods of alternative earnings in your free time, which in the future will bring passive income. The more such sources there are, the less work will have to be done.

It can be quite hard at first, but remember that thousands of people like you do not live on a beggarly wage, living on bread and water. They do not know the feeling of hunger and need. And all because they understood in time how exactly you need to make money.

Conclusion

Now you know everything about passive income! You might also find the article on . Do not be afraid to experiment, because everyone has one life. And it depends only on you and me how we will live it. It's never too late to start changing your life. It is within the power of both a teenager and a pensioner. The main thing is to believe in yourself and not give up, and then you will definitely succeed!

The choice is yours! And I'm waiting for comments under the article.

13 min. reading

Updated: 01/08/2018

Multiple Sources of Income is a phrase that has migrated into our lexicon from books on personal finance by foreign authors. In this publication, I would like to talk a little about how, in modern realities, an ordinary person can create additional multiple sources of income and what benefits they will bring.

Previously, I always believed that you need to find a good well-paid job and work for the good of the Motherland, climbing career ladder. And I thought so until the moment the company was sold and the reorganization began. The new management of the company decided to optimize many processes, in connection with which it was decided to reduce some of the employees.

My career was in jeopardy overnight. My lifestyle has been threatened. After all, I used to consistently receive my thousand dollars, on which I lived as I wanted. I suddenly realized that my stability is in the hands of other people. Their decision depended on whether I would go to my favorite sushi bar next month, whether I could buy new sneakers, whether I would go on vacation.

It was then that I thought about the fact that I need insurance. Money insurance. I realized that I need additional sources of income that will insure each other in case one of the sources dries up.

I began to actively look for such and work on them. Some of these sources are literally under our feet. But many do not notice them. Or they don't get the point.

If you look at everyday things from a different perspective, namely from the perspective of multiple sources of income, then there are solutions to many financial problems.

Basic concepts

First you need to determine all your money streams, which, when combined, form your financial river. Personally, I am a huge fan of this approach to the topic of multiple sources of income. And I work in two directions:

• Increasing Multiple Sources of Income
• Increasing the depth (width) of each source of income

Our personal record (my wife and I) for the number of multiple streams of income created is 10. This means that we had ten streams of income at the same time.

Types of multiple sources of income

I propose to get acquainted with them, on my personal example:

1. My main work;
2. Wife's main job;
3. Additional work: Preparation of photo reports for an advertising company;
4. Additional work: Mystery shopper;
5. Own small business (tanning studio);
6. Rental Property;
7. Intermittent earnings.

And this is what my list of sources of income looks like now:

1. Income from Yandex.Direct and Google Adwords contextual advertising posted on the blog;
2. Income from banners placed on the blog (see also: );
3. Income from the Nolix advertising line posted on the blog;
4. Income from affiliate programs;
5. Income from hosting webinars;
6. Income from the sale of information products;
7. Income from consultations on the development of your own blog, earnings on it, investments;
8. Income from coaching and mentoring;
9. Income from the online store MisterSaver.ru;
10. Wife's income (she recently launched a small social media project selling stylish shoes from the US);
11. Child benefits (for the child, the wife receives social benefits during maternity leave);
12. Intermittent earnings.

As you can imagine, all these sources of income together bring a good income. And most importantly, I am insured. If something happens to one source (dries up), then I always have a bunch of others that will not let me die of hunger.

Moreover, I have in mind a few dozen more options for creating additional sources of income for which now I simply do not have enough time. I say this to the fact that even if all the listed sources of income suddenly “bend” and cease to exist, then I will start earning in other ways that will replace those that were.

Where do all these ideas come from?

In fact, everything is simple. Creating sources of income on the Internet required me to develop various skills. For example, I learned how to write articles for this site. This is called copywriting, see an article on this topic, which will also teach you how to make money on the Internet by writing various texts to order:

I can also create high-quality contextual advertising. I also learned this in the process of creating the income streams listed above. Now I place contextual advertising for my projects. But if something happens to them, I can easily find a job and promote other people's projects using Yandex.Direct and Google Adwords.

For me, it's a continuous process. I am constantly looking for somewhere to earn extra money. I am always interested in various, new opportunities for obtaining multiple sources of income. This is called increasing the number of sources of income.

Increasing the depth of each source of income is the work of increasing income from a particular source. For example, if you have a deposit in a bank, then regularly set aside an additional amount of money from your main sources and increase the amount of the deposit. This will allow you to receive a higher return on investment. Yes, yes, you can also earn on bank deposits.

Today there are a huge number of different possibilities. It's all about you! How lazy are you to take care of your future. I have many friends who have a lot of free time, but use this time mediocre. They're just being stupid.

My position on this issue is this: create conditions for yourself to be idle. Create such a passive source of income that will more than cover all your current expenses, and then do what you want. That is why I work hard now so that I can work less later, in the future. I understand that apart from myself, no one can change fate. There will be time for rest, but for now I will work. Especially since I enjoy it.

I CAN'T HAVE A WORD, I DO NOT WANT TO HAVE A WORD!

When someone tells me that I can't or I'm not like you, I understand that a person simply does not want to change his life and his destiny. This is a man who lives in illusions and hopes that someday the time will come and his whole life will change at a wave magic wand. I'm not like that!

Open books, internet, newspapers free ads. Chat with friends not about how cool you “drank” all weekend, but about where and how you can make money. Try it, do it

There are no mistakes in life, there are only lessons. There is no such thing as a negative experience, only opportunities to grow, learn, and move forward on the path of self-improvement. Strength comes from struggle. Even pain can be a wonderful teacher. (Robin Sharma, The Monk Who Sold His Ferrari)

How to create multiple streams of income

Before we start creating multiple sources of income, you need to understand and decide how to do it correctly, what to spend your energy on at the beginning of the journey, and what later.

We need to have a map of the area on hand that will help us get from point A to point B in the shortest possible way.

People's time is limited, as well as forces and resources (resources mean connections, acquaintances). If only work for hire takes 8-12 hours a day, then there will simply be no time and energy left for anything else.

Therefore, you must understand that creating multiple sources of income is an art, which implies the presence of an action plan, the ability to prioritize, a strategy for achieving the goal, and many other skills and abilities.

Using these skills wisely turns the process of creating multiple streams of income into an art that is no less enjoyable than participating in sports, going to the ballet, going to the theater, watching a movie, or attending a concert of a popular rock band.

Step #1: Foundation in the form of main work

So where do you start building multiple streams of income?

First of all, it is necessary move from simple to complex. One of the features of Russian people is that we want to get everything at once. We do not like to wait, we do not like to deny ourselves something, we want everything at once.

You need to understand that such a position is harmful and will not give you anything good. Yes, there are exceptions to the rule. However, each case must be considered in detail. And if you have examples when people created a lot of capital for themselves in a short time from several sources of income, then you need to understand the details of what helped them.

Often we don't see the real facts that helped people take off. Someone received support from relatives or friends, someone was at the right time in right place, someone is not afraid to take risks, etc.

Building multiple streams of income starts with the foundation. And most of the time, that foundation is employment. Working for an uncle is a linear source of income, it can be compared to a shovel. While we are digging, income is coming in, as soon as we sit down to take a break and put down the shovel, the income stops coming. There is also passive income, which, unlike linear income, is like an automatic mechanism. Once you set it up further, it works at full automatic. We will talk more about passive income in the next section.

For me personally, the construction of my profitable streams began with a job for hire. I was 20 years old, I did not know and did not know how to earn money.

Pay attention to these words. You have to be able to earn money. And the more versatile you can do it, the more sources of income you can create!

When you are 20 years old and you are a student who spent all previous years sitting on the neck of your parents, is it worth it to say about making money? This skill does not exist and needs to be learned. Of course, there are people who start earning at the age of 15-16, and even earlier.

This is not about this now, but about the fact that if you do not know how to create several sources of income, then start with one. The easiest option in this case is to find a job for hire.

Employment will be your first source of knowledge about making money and it will give you the opportunity to create some kind of savings with which you can later create new sources of income. It helped me find a high paying job.

As noted above, work for hire takes a lot of time, which has a significant impact on the creation of the following ways to earn money. This can be an obstacle to building multiple sources of income.

And in such a situation, it would be optimal to turn your attention to such sources of income, which are called passive.

Step #2: Passive Sources of Income

Passive sources of income work for you. Having spent your efforts once, then you will only reap the fruits of your activities.

An example is . For example, you are employed and you have little free time to create new sources of income. You can save a couple of thousand rubles from your salary and.

Then, you can forget about this deposit until the next month, when you will receive your salary again and you will have the opportunity to put another thousand rubles in the bank, for example.

That is, as you understand, you do not need to take care of this type of earnings every day. will work for you around the clock, without breaks and weekends. It will generate new money for you, this is its passivity.

Thus, you will already have two sources of income, after which you proceed to consider the next option.

But when choosing the next way to earn money, you also start from your opportunities, from existing circumstances, such as employment, family, children, etc.

You can continue to dig further towards investments and play with more complex financial instruments, for example. Or look for new ways to make money in some completely new topic, for example, start in your free time from your main job.

As a result, starting with one type of income, from work for hire, you need to gradually create new sources of income that will increase your income. Income growth may not be immediate. But in any case, your total capital must constantly increase. By capital in this situation, we mean not only money.

For example, when I started creating multiple sources of income, for a long time my main source of income was work. For several years, I saved a part of the money from each salary.

I distributed the deferred money into various ones, among which were,,. Also, I used some of the money to buy something for myself. So I subsequently purchased the car.

I didn't have any pure cash. I had a car, as well as an agreement with financial institutions and statements that I deposited funds into their account.

AT this example money was not capital, but what I invested it in. And every day the amount of my capital changed in proportion to the value of those financial instruments in which I had invested money.

The same car depreciated every day. Share prices went up and down. The bank deposit increased regularly, and so on.

As you understand, I started small, with the first thousand rubles set aside, which eventually turned into a million, which I wrote about.

To consolidate the understanding of capital, I will give another example from my own practice. In 2007, I worked as an ordinary manager in a telecommunications company. I worked there for about 3 years, I had a good salary, but there was no career growth.

It so happened that in our parent company the management changed, which began the reorganization of the entire enterprise. Somehow the manager called me and warned that layoffs were coming and I would be one of the first candidates for relegation due to the fact that.

At the same time, the head added that he would be glad to lay off someone else, since there were less useful employees in our department, but he would not be able to do this, since the head management, in order to reduce costs, in order not to pay compensation, would first of all cut those people who do not comply with job descriptions.

In general, it did not matter to them who to cut. It was important for them to reduce costs at any cost. At that moment, I had a turning point, which radically influenced my attitude to work for hire and all subsequent fate.

I realized that no matter how good an employee you are, it will not help you keep your job. Your destiny and career will always be in jeopardy.

And then I decided to start my own business, so as not to depend on someone

When I found a business idea that was interesting to me, in order to bring it to life, I had to cut off the head of all other sources of income.

I quit my job without waiting for a shameful layoff. I sold all mine and, withdrew money from . It turned out a tidy sum for which I opened a small tanning studio.

I rented a room where I did redecorating. Bought necessary equipment. I invited specialists who installed everything for me, set it up and started working for themselves.

Before we continue, I should make a small digression, since initially we are talking about creating multiple sources of income. this requires flexibility. Sometimes there are moments when you focus on one thing. Sometimes you can churn out one source of income after another.

The ideal option is when you create some kind of source of income, which can then work without your active participation. This will make it much easier for you to create one source of income after another. You will have time and money for this.

Life can change. Various circumstances, your principles, outlook on life, etc. may change. The same can happen with your sources of income.

Let's get back to the tanning studio. The first month after the opening, my wife and I worked together in this studio. Then we established a stable flow of clients and calculated that we could well hire several operators who would work for us.

By hiring two young girls, we began to receive less from this source of income, but freed up a lot of time, which allowed us to create new sources of income.

Thus, we created a new source of income and built a scheme of work in which it was enough for us to call in once a week for the proceeds.

Next, I decided to find myself another job for hire and combine it with my business. Why did I decide so? Because in that situation, I had no other options. I didn't have the money to start a new business. And any other new source of income one way or another requires money.

The fundamental changes that happened to me earlier told me that this would be a temporary option until I save up money to create another business or increase the profitability of the first one.

By the way, the tanning studio did not bring me much income. Something about 30,000 rubles. About the same amount I received when I worked as an ordinary manager in a telecommunications company.

I am writing this so that you understand another reason for looking for a job. Many people paint themselves an ideal picture of a future where they don't have to work, where they have enough money to live happily. I'm not an exception. But as you understand, a business income of 30,000 rubles will not allow realizing this ideal picture of the future.

At the same time, the business I created gave me a great sense of peace and comfort. I had a completely different job search. If earlier, when I did not have such powerful financial support in the face of a tanning studio, at times when I was left without a job, then circumstances pressing from all sides urged me to look for any job and as soon as possible.

About what circumstances in question?

• Subsistence;
• Paying for a roof over your head
• Clothing;
• Transport;
• The opinion of others;
• Etc.

When a person has no money to live on, he will clutch at any straw. After all, each person has a list of some kind of monetary addiction.

We all eat and drink every day, we need to pay or rent an apartment, we need to somehow move around on business. No less important is the pressure that others put on us. Indeed, at times when we are not working, we have to take money from somewhere, and most often on such days we live at the expense of our relatives, who soon begin to look crookedly at us if we cannot find a job for a long time.

All this leads to the fact that we are in a dependent position when looking for a job. We don't choose work, work chooses us.

When do you have any additional source income, which can insure in difficult situations, then everything changes exactly the opposite. You can easily search for the job you need. It is no longer work that chooses you, but you choose work and can dictate your terms to it.

That's what happened to me at the time. I firmly decided for myself that I did not want to work as an ordinary specialist. I wanted to take a leadership position. I had many reasons for this:

• First, executives get more.
• Secondly, leaders have more freedom than subordinates. Ordinary employees have to coordinate their every step with the manager. The leader can determine his own work plan. I needed a greater level of freedom in order to control my existing business.
• Thirdly, I needed experience in managing people. Since at that time I already had two operators in the tanning studio, in fact, I was already the leader. Therefore, I wanted to develop my skills and abilities in this area.

As a result, I was hired ... in a bank! And not by anyone, but by the head of the lending department.

We were engaged in the sale of bank loan products. I had about 6 people under me.

Thus, the tanning studio brought me about 30,000 rubles + employment gave me another 45,000 rubles. At that time I was already married. The wife earned about 25,000 rubles more. In the same year, we took out a mortgage on an apartment, which we began to rent out, which brought us about another 18,000 rubles, but this money can not be counted, since it was used to pay off the loan.

All these sources of income allowed us to save about 30,000 rubles a month. Well, as you understand, we created new sources of income on them: we bought shares again, invested money in mutual funds, put part of the funds on bank deposits, etc.

As you can see, I started creating multiple sources of income from one, from a job, worked it up to several sources (about 6-8), then for the sake of creating own business, read new source of income, I sold and gave up all the multiple sources that I had before.

Then I created one source of income again, thanks to which I then increased the number of income sources to 10.

Based on this, we can draw the following conclusion: there is no need to focus on a large number of sources of income. The goal is not this. We create multiple streams of income just so that we have a positive difference between income and expenses.

It is important that at the end of the month you have extra money that you can later use to create additional income, which will allow you to achieve financial independence and freedom.

Conclusion

Most people live paycheck to paycheck. They do not have enough money to live, they are all in. What kind of financial independence can we talk about? Although each of them dreams of not working, living for his own pleasure, traveling, dressing beautifully, in general, not denying himself anything.

This is where multiple sources of income will help us.

There may be 10 of them, which together will bring you 300,000 rubles a month, or maybe 1, which will bring you 500,000 rubles a month.

You don't have to chase quantity. Better go for quality. You can create one source of income, the main thing is that it gives as much profit as possible. It is equally important what kind of income it will be - linear or passive. The priority is passive income, which will free up a lot of time for you. This time can be spent on your favorite things, health, children, hobbies.

When you have extra money, you still need to put it somewhere. The first option is to spend everything, as most do. The second option is to invest them in something that will create new money for you.

That is, the model of creating multiple sources of income in the second case is inevitable.

Another goal of creating multiple sources of income is safety and security. The fact is that when you have one source of income, you take a big risk. As soon as it dries up, your usual life will be in jeopardy.

In the case when you have several sources of income, then you will not be afraid of any crisis. If you are laid off at your main job, then you will not starve, as other sources of income will save you.

P.S. I look forward to your multiple sources of income in the comments. If they are not, then write what you could do in this direction ...