How many ways we can earn passive income?
Do not leave your job unless your passive income will buy a ticket for your luxury vacation. So lets start to understand on how many ways we can earn passive income?
Many false YouTubers are providing wrong data about the earning through passive income for paid promotions. Please do not fall for it.
They get their video watch-time and revenue on the other hand you will end up waiting and dreaming about earning big money which isn’t the reality.
Lest talk about a few list of opportunities
- Playing Games
- Binary Trading
- Traditional Trading
- Captcha work
- Pay per click work
- Financial products promotions
- Surveys
- YouTube channel
- Blogging
Playing Games
Financial loss is involved and addictive, to name a few Rummy Noble, Pari Match, Aviator. Please stay away from these games the promoter will earn the incentives and you will be losing money as the game algorithm will never help you to earn and please don’t go with the reviews and feedback from YouTube.
Binary Trading
To name a few Binomo, Olymp Trade, unless you get trained and understand the pattern, please don’t enter into this zone and don’t trust anyone who promises false signals. You learn and you will earn, please don’t depend on other people. Financial loss is involved when you don’t understand difference between Trading and Gambling also addictive.
Traditional Trading
Logical thinking is necessary with proper investment, Search for a good mentor and get trained while practicing. If you don’t understand the Price Action and the proper alignment of the patterns you can never be a successful trader.
Captcha work
The best investment to waste time, you work for 8 hours and you end up earning Rs: 75/- day the maximum, is it required to this.
Pay per click work
Work of 2 hours with investment of Rs: 1500/- to Rs: 3500/-, earn from Rs: 10,000/- to Rs: 15,000/- is a false promotion, the sites which ask money to give you work is a direct indication to lose your money forget about getting back what you invest. Star-Clicks is a good example.
Surveys
By taking surveys for 4 hours you will end up earning Rs 35/- to Rs: 100/- day, these days there are many website which promise work and after signing up you get nothing. Timebucks and Picoworkes are the only trusted websites.
YouTube channel
You need to be an actor and content creator, an approximate earning of $5 or Rs: 350 can be earned for 1000 views, However, you need to meet the basic criteria of 1000 subscribers and 4000 hours watch-time.
Requirements:
- Good Microphone
- Video recording equipment (Phone / Camera)
- Software (Computer : Filmora, Canva I Phone : Canva, Kine master) to name a few
Blogging
With proper presentation of your website that might be in Blogger.com or a website designed in WordPress you can the AdSense approval within a month and the more you attract web traffic the better you earn (the RPM is $4 or Rs 300/- per 1000 visits approximately)
There are jobs where you can watch videos and listen to music they pay you but the when the payment is ready you grandson will withdraw it.
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We will talk in detail about these opportunities