Sort:  
  • Trending
    • [-]
     7 years ago (edited) 

    That's a good question. I've been thinking about that a lot lately. Some of my methods are going to need some initial investment of time to get to the passive income point, but here's the list of my current ideas/plans:

    1. I'm planning on opening up an independent blog site as well as steemit so that I can have more control over my blog and build it more.
    2. I'm planning on creating youtube videos to go along with my blogging/personal finance resources I'm going to provide.
    3. I have a lot of excel workbooks/macros that I'm thinking about trying to monetize or use to generate some traffic to my social media.
    4. I'm currently averaging 5-10% per month on my investments, so I'm planning on investing more of my income with each pay check which will compound and should help me reach that 10,000 mark.
    5. Eventually, I'm planning to write an ebook for personal finance, but that is moreso for the longer-term goals.

    So, a lot of them are going to require some work in the short-term, but could potentially create nice streams of income in the future.

    $0.00
      Reply
      [-]
       7 years ago  

      Good for you man, 5-10% is outstanding. I also plan on starting a youtube channel, but more so a goofy dad channel. I'm a big fan of 'bat dad' and wish there was more funny content like it.
      Why is the ebook a long term goal? I've read a lot of really short, really crappy ebooks (or just decent and short).
      Very cool, just the same, it sounds like all of these could sort of fit together on the same blog platform.
      You've definitely got your work cut out for you, I like to use the google ext "momentum", that really helps me stay focused day in and day out.

      Good luck

      $0.00
        Reply
        [-]
         7 years ago  

        I've never heard of that extension before, I'll definitely have to check it out! I want to take my time with the ebook, and make sure that I have enough content to make it a worthwhile read. Thank you, and good luck to you as well!

        $0.00
          Reply