FTC: This post is not sponsored and I am not a financial advisor. All thoughts and weird opinions are my own.
Chances are if you have been on a debt free journey for even just a little bit you have encountered the term passive income before. There are tons and tons of books, articles and videos detailing ways to earn 1000 dollars a month passive income. Everyone is promising you to make money in your sleep.
Financial advice that starts off saying earning passive income is easy is a lie. There is no such thing as free lunch. Click To Tweet
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Passive income is money earned with minimal activity through a variety of ventures which require little daily effort or upkeep on the individual's part.
The fact is yes... passive income is great and extremely beneficial. It is one of the main instruments that the wealthy use to get wealthy and stay wealthy. However passive income is not simply a set it and forget it kind of thing. You have to obviously do your damn best at setting up the opportunities for you to passively make money. This means you spend either your time or money (most times both) actively setting up the passive income stream.
There is no such thing as free money or easy money. Anyone who tells you this is lying or is a trustfund baby... and if that's the case... ADOPT ME!
In the video below I walk you through the strategies, tips, (5 to be exact) and ways to earn 1000 dollars a month passive income. Some have to be used in conjunction with others, while some can be the sole source of passive income if set up properly.
What are some of the passive income methods you have taken or want to take in the future? Share your thoughts with us below. If you found this helpful make sure you share with your friends, family members or nosey neighbors.
Until the next time,
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