6 Passive Income Ideas - How I make $17k per Week As a Student

Hello, and welcome to another Rich Ideas video. In this video, we will talk about 5 great passive income ideas. So, let us get right into it.

Regular profits from a source other than an employer or contractor are considered passive income. According to the Internal Revenue Service (IRS), passive income can originate from two sources: rental property or a business in which one is not actively involved, such as receiving book royalties or stock dividends.

"Many individuals believe passive income is about getting something for nothing," says Todd Tresidder, a financial counselor and former hedge fund manager. "It appeals to the 'get-rich-quick' crowd... But, in the end, it still works. You simply provide the effort upfront."

In practice, you may undertake some or all of the work upfront, but passive income frequently necessitates some additional work along the way. For example, you may need to keep your product updated or your rental property well-maintained to keep the passive cash flowing.

However, if you stick to the method, it may be a terrific way to earn money while also providing you with some extra financial security.

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Passive income - 9 passive income ideas - how I make $27k per week.
There needs to be the serious talk around the concept of passive income.
make $500 per day in passive income doing nothing (make money online). This video will show the passive income sources that generate more than $7 000 per month.

I invest in index funds and individual companies, so my investments' growth and dividend payouts give me a passive income stream. My 10 income streams - how I make $84,300 per month.

I'll be honest I'm not a big fan of the words "passive income. nobody you know that is making passive income didn't grind for years and years before they were making enough "passive income" to live comfortably...

#PassiveIncomeIdeas

CHAPTERS
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0:00 Intro
1:13 Offering information products for sale
2:40 Rental revenue
4:32 Affiliate marketing
5:53 Retail products
6:53 Peer-to-peer lending
8:15 Stocks that pay dividends
10:19 Outro
10:41 Outroo

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