How To Create Passive Income Without Investing a Single Dollar

Saurabh Adhane

Passive income= Financial freedom
Passive incomePhoto by Alexander Mils from Pexels

How much your employer pays you, you will not satisfy in your 9 to 5 jobs. These types of jobs suck. You can’t satisfy your boss the whole time.

Creative passive income which at least pays your rent or living expenses will give you relief. It gives you financial stability despite how much you earn from your 9 to 5 Job.

Having 2 or more passive income streams along with 12 hrs job is always a good choice if you really want financial stability in your life. There is a difference between financial stability and having a lot of assets with debt.

We pay credit card bills despite having 6 figure income and pay mortgage per month. A man with more passive income streams with limited job income is always satisfied and in good shape than a man with 6 figure income with eating blood pressure medicines from time to time.

Start creating content which people will consume

From day to night everyone is consuming content. The average human in America consumes data as an average of 8 hours. The content industry is at the boom in the coronavirus period.

On the internet everyone is consuming, you have established the market. Try to create content. For example,

  1. Create Youtube videos
  2. Start online teaching
  3. Start writing articles on social media
  4. learn paid promotion
  5. Learn affiliate marketing

There are many options outside, pick one and start working on it. Always remember the compounding effect. You will thank me later.

Invest In stock Market

When you earn passive income either you can pay bills or invest it on buying stocks. It helps in both ways. 20% of my passive income I invest in my content creation tools, 50 per cent I used to buy me something I want and the remaining 30 per cent I invest in stocks.

Investing your passive income make you more relaxed than investing job money. It creates wealth with zero risks.

We never going to be satisfied with our earnings but we can enjoy life and buy ourselves time and calmness by starting the passive income stream. It helps you to grow yourself both personally and financially.

This is original content from NewsBreak’s Creator Program. Join today to publish and share your own content.

Comments / 0

Published by

My name is saurabh Adhane, writer and software engineer.I write about self-development, startups and history. I like solo travelling, and travelled 20 countries so far.

New York State

More from Saurabh Adhane

Comments / 0