Five Easy-To-Access Passive Income Strategies

Hello Stoic Investors,

Today I want to show you how to make more money.

That ought to get your attention.

If you read my work on a constant basis, you know how important it is to invest.

But money doesn’t grow on trees.

So, you have two choices:

You can work your ass off for your boss for an extra $100.

Or you can create passive income sources.

It’s important to note, that no income is truly passive. Usually, you have to invest a certain amount of effort.

However, there are some income sources that require less effort and pay more.

You can learn a lot about that in these books.

Don’t have the time?

Here are my top choices.

#1: Affiliate Marketing

Affiliate marketing involves promoting other people's products or services and earning a commission for

each sale made through your referral.

If you have an existing social media account, you’ve got everything you need to start.

With a personal brand, you have the flexibility to promote products in various niches and the potential for

passive income from ongoing sales.

#2: Vehicle Ad Space

If you own a vehicle, you can earn passive income by placing advertisements on it.

This requires minimal effort required once the ad is placed and the potential for a steady income stream.

However, the amount you can earn may vary depending on factors such as your location, driving habits, and

the duration of the ad campaign.

#3: Renting out a Spare Room

If you have extra space in your home, such as a spare room, you can earn passive income by renting it out.

Just make sure your screening system is air-tight. You don’t want the hassle of dealing with a bad tenant.

You can use Airbnb to make this easier.

#4: Vending machines

Owning and operating vending machines can generate passive income through sales of snacks, beverages,

or other items.

However, it requires initial investment in purchasing and maintaining the vending machines, restocking

inventory, and finding profitable locations.

#5: Dividends from Stocks and ETFs

I’ve saved the best for last.

Investing in dividend-paying stocks or exchange-traded funds (ETFs) can provide ongoing income.

This requires research to select suitable long-term investments. But you don’t have to do this alone.

I’m here to help.

So, note down these points and start scaling your income today:

1. No income is truly passive
2. However, there are some income streams that require less work and pay more
3. Examples: Affiliate Marketing, Vehicle Ad Space, Investing etc.