More Passive Income Ideas Than You Can Shake a Stick at!
Earnaholic: n: helping you get started building passive income streams, so you can have the financial freedom to do what you love.
Looking for some great passive income ideas (and more time freedom?)
There's no shortage of information out there about how to make the most of your life. But with so many voices offering different advice, it can be tough to figure out where to start.
If you're looking for some guidance and old-school motivation on how to create a passive income stream (or digital oil well), then you’re at the right place!
But first, let me ask you a quick question…
Have you ever had to make a pivot in your online business?
Many moons ago I thought the best way to run my online business was by endless affiliate marketing…
Now, that can work well, but, there’s way more ‘streams of income’ available to us all nowadays!
So, over time, the concept and idea of this blog has changed… Now it's more a place for exploring income ideas, (as well as offering templates, worksheets and (very handy) free printables.
We're publishing more guides, 'best-of' marketing tools and ‘how-to’s’ to give you the inspirational hit (kind of like coffee, but different!) that will rocket you towards what YOU want in life!
Mixed with a slice of dream building, a dose of enthusiasm, and a ton of experimentation!
We'll also touch on subjects like active income, rental income, using the stock market, how to earn money from high yield savings accounts, and other ways to generate passive income.
Earning passive income
My hope is that our articles ideas will help you discover what you want to achieve. Whether that's to generate a new passive income stream so you can quit your day job... or just to supplement your current income.
Of course, there are a lot of different ways to build income streams.
Some people go into real estate investing, others create online courses, memberships or e-books…
Others invest in dividend stocks or shares, go the Amazon Kindle direct publishing route, or earn passive income from their blogs or websites.
The list goes on!
You need to figure out which option is best suited to your skillset and interests…
To help you do that we have different sections you can look at...
At some stage you need to just take action and get started. Avoid the analysis paralysis and take the plunge.
So click into the section that grabs your interest, and start working on creating your little digital oil wells today... or alternatively, keep reading!
Our passive income ideas blog...
Why generate passive income?
Why would you want to create a passive income stream?
Well... simply put, it's a good way to increase your financial freedom and achieve your goals faster!
Earning passive income can help you secure a better future for yourself and your family by providing you with additional sources of revenue that you don't have to actively work for.
It can also allow you to enjoy more leisure time, freeing up time from working long hours that can be spent with your loved ones or pursuing hobbies, interests and passions.
The beauty of passive income is that it allows you to make money while doing nothing, or at least very little work compared to a full-time job!
More time freedom
This extra time freedom can open up new opportunities for you - perhaps start a business, travel the world, or simply enjoy more quality time with your family.
Furthermore, passive income is a way to build long-term wealth and financial security while taking advantage of tax benefits.
With passive income, you can increase your savings and invest in things like dividend stocks and mutual funds, real estate investment trusts (etc) that generate even more money for you over time.
Plus, you can choose to invest in things that have a positive impact on the world, such as green energy projects.
Finally, passive income can help relieve stress by providing a reliable form of income that you don't have to actively worry about or work for.
No matter what life throws at you - having this form of financial cushion can be incredibly reassuring and help you to live a more worry-free life.
So... ready to jump in?