Is there anything better than making money while you sleep?
It is possible. Today we are going to talk about 10 different ways that I make over $1,000 a month passively.
️ 1. Investments [3:15] – I earn dividends and interest monthly.
️ 2. Affiliates [4:21] – For me, this comes in from my blog and my YouTube channel.
️ 3. Display ads [5:47] – I use display ads on my blog.
️ 4. CPC Ads (cost per click) [7:18] – If someone clicks on a link on my blog, I get paid.
️ 5. Life Insurance Leads [9:07] -I started a site LifeInsuranceByJeff.com and I sell those leads.
️ 6. Course Sales [11:03] – I just launched the beta round of my second course.
️ 7. Digital Products [12:24] – This could be an eBook, Amazon publishing, or an email challenge.
️ 8. YouTube Ads [13:46] – If I stopped producing video content, my income from this source would decrease.
️ 9. Financial Planning Practice [15:37] – My practice is in another state. I have not stepped foot in that location in over 18 months. I still earn a healthy property from that business.
️ 10. Selling a business [18:07] – I sold my Financial planning practice! I will be earning a check every month for the next several years.
When it comes to achieving significant passive income – you have to do the work first. You have to get all your systems and processes in place and running smoothly.
If you still don’t think passive income is a thing….you will never start this journey!
YouTube Paid Me HOW MUCH for a Viral Video with 1 Million+ Views???
My Niche Site Made $100,000 in 9 Months (this isn’t supposed to happen)
#passiveincome #hackyourwealth
▶︎▶︎▶︎ Get Started Today with the “Make $1K Blogging” Free Course here:
️️️ http://Make1kChallenge.com
SUBSCRIBE TO JEFF”S YOUTUBE CHANNEL NOW
https://www.youtube.com/channel/UCkNgKCu9062P0CPyVoBI5sQ?sub_confirmation=1
WANT MORE FROM WEALTH HACKER™ LABS?
Wealth Hacker™ blog: https://wealthhackerlabs.com/
Personal finance blog: https://www.goodfinancialcents.com/
Podcast:
https://itunes.apple.com/us/podcast/good-financial-cents-podcast-investing-building-wealth/id775107294?mt=2
Pick up Jeff’s best selling book, Soldier of Finance, here:
https://amzn.to/2JVzwwo
CONNECT WITH JEFF ON SOCIAL
▸Twitter: https://twitter.com/jjeffrose
▸Instagram: https://www.instagram.com/jjeffrose/
▸Facebook: https://www.facebook.com/jjeffrose/
▸Linked In: https://www.linkedin.com/in/jeffrosecfp/
Jeff’s favorite T-shirt line, Compete Every Day:
https://www.goodfinancialcents.com/compete
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