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passive income
Financial Freedom
Monetization
In 2018, I made $134,864 in one month.
What was my secret? Passive income.
Here are 10 ways you can get started on YOUR path to financial freedom:
What was my secret? Passive income.
Here are 10 ways you can get started on YOUR path to financial freedom:
Hey everyone, I'm Jeff Rose 👋🏼
I'm a Certified Financial Planner helping people like you find their financial freedom.
At 24 years old, I was nearly broke.
At 28, I was making six figures.
At 38, I was making six figures each month.
This thread will help you do the same...
I'm a Certified Financial Planner helping people like you find their financial freedom.
At 24 years old, I was nearly broke.
At 28, I was making six figures.
At 38, I was making six figures each month.
This thread will help you do the same...
1. Start a blog
Get paid for your thoughts.
- Pick a niche you know
- Write a blog post every day
- Start building your following
Monetize by:
- Selling advertising
- Affiliate marketing
- Sponsored reviews
Focus on great content & then experiment with how you monetize.
Get paid for your thoughts.
- Pick a niche you know
- Write a blog post every day
- Start building your following
Monetize by:
- Selling advertising
- Affiliate marketing
- Sponsored reviews
Focus on great content & then experiment with how you monetize.
Starting my blog has transformed my life.
Literally.
If you're not sure where to start, I walk through the process step by step on my blog:
goodfinancialcents.com
[bookmark this for later]
Literally.
If you're not sure where to start, I walk through the process step by step on my blog:
goodfinancialcents.com
[bookmark this for later]
2. Investing
This is the best way to make passive income, & you don't need a small fortune to start.
Take $50-$100 per month & invest in:
- Index funds
- Dividend Stocks
- REITs
- ETFs
- Cryptocurrency
Become a millionaire the lazy way:
This is the best way to make passive income, & you don't need a small fortune to start.
Take $50-$100 per month & invest in:
- Index funds
- Dividend Stocks
- REITs
- ETFs
- Cryptocurrency
Become a millionaire the lazy way:
3. Cash-back reward points
If you are using a credit card today & not earning rewards, you're missing out on free money.
My favorite card? The SouthWest Rapid Rewards
Here's how I used this card to book a $15K all-inclusive resort vacation for FREE!
youtube.com
If you are using a credit card today & not earning rewards, you're missing out on free money.
My favorite card? The SouthWest Rapid Rewards
Here's how I used this card to book a $15K all-inclusive resort vacation for FREE!
youtube.com
4. Sell photos online
20 years ago, you needed a pro DSLR to make money as a photographer.
Today, all you need is the latest smartphone and an account on:
- Stock
- Unsplash
- Dreamstime
- Adobe Stock
- Shutterstock
20 years ago, you needed a pro DSLR to make money as a photographer.
Today, all you need is the latest smartphone and an account on:
- Stock
- Unsplash
- Dreamstime
- Adobe Stock
- Shutterstock
5. Grow a community
If you have an audience that is highly engaged and spams your DMs with questions, invite them in.
You can use:
@Discord
@Geneva
@Circleapp
Start free & over time, move to a paid version.
100 people paying $10/mth = 1K goal.
If you have an audience that is highly engaged and spams your DMs with questions, invite them in.
You can use:
@Discord
@Geneva
@Circleapp
Start free & over time, move to a paid version.
100 people paying $10/mth = 1K goal.
@discord @geneva @circleapp 6. Write an ebook
E-books are a 1 billion dollar industry in the US.
All you need is knowledge and a niche.
You can self-publish using:
- Kobo
- IngramSpark
- Smashwords
- Kindle Direct Publishing
Or get started on @gumroad
E-books are a 1 billion dollar industry in the US.
All you need is knowledge and a niche.
You can self-publish using:
- Kobo
- IngramSpark
- Smashwords
- Kindle Direct Publishing
Or get started on @gumroad
@discord @geneva @circleapp @gumroad 7. Physical goods
Physical products can have infinite SKUs from dog leashes to yoga mats
Amazon's FBA program is a great way to get started.
@flips4miles breaks down the costs of starting an FBA business here:
Physical products can have infinite SKUs from dog leashes to yoga mats
Amazon's FBA program is a great way to get started.
@flips4miles breaks down the costs of starting an FBA business here:
@discord @geneva @circleapp @gumroad @flips4miles 8. Real estate
There are many ways to get started from flips to note investments.
Start by understanding the basics:
- Return on investment
- Local market conditions
- Different types of real estate
@taylorawelch breaks down his strategy here:
There are many ways to get started from flips to note investments.
Start by understanding the basics:
- Return on investment
- Local market conditions
- Different types of real estate
@taylorawelch breaks down his strategy here:
@discord @geneva @circleapp @gumroad @flips4miles @taylorawelch Other good options for RE investing are rental properties run by a managing company.
Check out:
@Roofstock - single-family rental
@Fundrise - private real estate
@Realty_Mogul - commercial/multifamily
@FarmTogetherhq - farmland
@groundfloor_com - private capital markets
Check out:
@Roofstock - single-family rental
@Fundrise - private real estate
@Realty_Mogul - commercial/multifamily
@FarmTogetherhq - farmland
@groundfloor_com - private capital markets
@discord @geneva @circleapp @gumroad @flips4miles @taylorawelch @Roofstock @fundrise @Realty_Mogul @FarmTogetherHQ @groundfloor_com 9. Youtube
If you have camera confidence and specific knowledge, YouTube is your path to financial freedom.
@AliAbdaal has grown his channel to nearly 3.5 million subscribers in 3 years, generating 130K per month.
Here's what he suggests:
If you have camera confidence and specific knowledge, YouTube is your path to financial freedom.
@AliAbdaal has grown his channel to nearly 3.5 million subscribers in 3 years, generating 130K per month.
Here's what he suggests:
@discord @geneva @circleapp @gumroad @flips4miles @taylorawelch @Roofstock @fundrise @Realty_Mogul @FarmTogetherHQ @groundfloor_com @AliAbdaal 10. Course creation
You don't need to be an expert today to create a course.
Here are the steps you can take to get started:
- Pick a topic in a niche you know well
- Gauge your audience's interest
- Outline a lesson plan
- Choose a platform (Teachable, Kajabi)
- Launch
You don't need to be an expert today to create a course.
Here are the steps you can take to get started:
- Pick a topic in a niche you know well
- Gauge your audience's interest
- Outline a lesson plan
- Choose a platform (Teachable, Kajabi)
- Launch
@discord @geneva @circleapp @gumroad @flips4miles @taylorawelch @Roofstock @fundrise @Realty_Mogul @FarmTogetherHQ @groundfloor_com @AliAbdaal Itching for more passive income ideas?
I got you!
Here are 31 more ideas to help you start making an extra $1,000 per month:
goodfinancialcents.com
I got you!
Here are 31 more ideas to help you start making an extra $1,000 per month:
goodfinancialcents.com
@discord @geneva @circleapp @gumroad @flips4miles @taylorawelch @Roofstock @fundrise @Realty_Mogul @FarmTogetherHQ @groundfloor_com @AliAbdaal If you enjoyed this post, please give me a follow @jjeffrose
I create content on:
* Wealth hacking
* Income acceleration
* Asset $tacking
* Online business and entrepreneurship
Sign up today 🤝
getrevue.co
I create content on:
* Wealth hacking
* Income acceleration
* Asset $tacking
* Online business and entrepreneurship
Sign up today 🤝
getrevue.co
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