How To Make YOUR FIRST Passive Income | Side Income Ideas UK

Published on December 5, 2020

New overview about earn money, home based passive, and Passive Income Ideas Easy, How To Make YOUR FIRST Passive Income | Side Income Ideas UK.

Want practical ideas for How to START Making YOUR FIRST Passive Income? Here are 7 steps for HOW to start making your first passive income today 🙂 ♥.

Exploring your first passive income ideas is an important step on your journey to Financial Independence.


9 Best PASSIVE INCOME IDEAS (that make £1,000+ PER MONTH) –

Our 12 Multiple Streams of Income UK –

How We PAID OFF Our Mortgage in 7 Years –

12 BEST Side Hustle Ideas UK –

BBC Inside Out Film – Can You Achieve Financial Independence & Retire by 40? –



(04:08) – BOOK: Think & Grow Rich –
(07:38) – TUTORIAL: How To Start A Blog –
(07:51) – BOOK: Three Feet From Gold –
(09:18) – 21 Passive Income Ideas For a Freedom Lifestyle –
(15:17) – How to Make £1,000 Per Month of Passive Income –
(15:26) – Our 12 Multiple Streams of Income UK –


Canon EOS M50 Camera –
Canon 5D Mark II Camera –
Canon EF 24 – 70mm F2.8L Lens –
Canon EF 50mm F1.4L Lens –
Manfrotto Tripod –
Apple iMac 2019 –
Rode Microphone –

★★ ABOUT US ★★


I’m married to Ken and we have two boys aged 6 and 4. I’m a Londoner, born in Hackney! 🙂

Day to day, I run the operations of The Humble Penny as a creative – doing everything from marketing to video editing. I studied Multi-media design and technology at Uni.

When I’m not creating, I love vegan food, travelling, working out and doing some outdoor fun things with my husband and kids 🙂


I’m a husband, dad, and a First-Generation Immigrant to the UK. I started life poor in the UK and I’ve spent the last 20 years on a steep journey of Personal Development.

CFO by day with over 12 years experience in the investment business. I’m also a Chartered Accountant and hold an MBA from Cambridge University.

To explore my creativity, I’m a blogger and YouTuber by night. I create from my experiences as a family man and entrepreneur.

I have a passion for all things Financial Education, Business and Personal Development. I also love Photography, Music, Travel, and Sport.

We became Financially Independent aged 34 and our story has been featured on the BBC, Mail Online, Channel 5, Metro, etc.

We share content to inspire and teach others how to achieve Financial Independence and Freedom too 🙂


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Visit our online school at Financial Joy Academy for Video Courses:

Financial Joy Academy

★★ About this video ★★
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Massive thanks for watching and following our channel 🙂 ♥

Best, Mary and Ken Okoroafor

NOTE: For FULL Transparency, some links above may be Affiliate Links. We do NOT offer Financial Advice.

#passiveincomeideas #passiveincome #passiveincomeUK

Passive Income Ideas Easy

Passive Income Ideas Easy, How To Make YOUR FIRST Passive Income | Side Income Ideas UK.

Mlm – Monetising Your Business

You can choose a MLM that provides you discounted travel packages and lodging. To start with, passive earnings offers you time liberty. This is ideal for retired people who have unique skills found out through their work.

How To Make YOUR FIRST Passive Income | Side Income Ideas UK, Enjoy most searched complete videos about Passive Income Ideas Easy.

Sources Of Passive Income – 3 Successful Tips

Once you have selected your item you can establish a blog site and begin writing everyday about it. Let us say Mark is an architect in a consultancy company. Making money to deal with private clients is terrific.

, if you are looking for some additional earnings concepts you might well have come throughout one of the following thinking it is the answer to your prayers.. Sadly these schemes usually do not make anybody aside from the person promoting the program much cash and are best prevented. So what earn money quick schemes should you prevent?

Can you see a common style here? Many of the financial investments above offer money circulation on a consistent basis. I am a fanatic when it comes to money circulation. In my mind money circulation equates to liberty. If you don’t like the important things I am doing, here are a couple of concepts to help you build your own passive income sources.

You can select to provide yourself a pay raise, just by developing more passive income streams. No more kissing your manager’s you understand what just to get a couple of additional measly dollars.

Do not bite off more than you can chew. When it comes to passive income ideas, you wish to start little. You can work your way as much as bigger and brighter things in the future. Frequently people get so blinded by the amount of cash they could conceivably make that they fail to consider the possible pit falls. While the large passive earnings opportunities usually suggest more cash, they can likewise suggest that you are going to need to do a lot more work than you planned on. By beginning little, you’ll be able to quickly revoke the job if things don’t go the manner in which you hoped.

Likewise, my bride-to-be and I like to take a trip. State we wish to take a one month vacation in an unique location each year. Why do I need to use the cash from the earnings I currently make? I can just produce a brand-new passive earnings stream (a brand-new item, website, what have you) and use that cash for traveling. That way, I don’t risk an influence on the other parts of my life. I’m developing my own way of life.

Step # 4 – This is a really crucial step; nevertheless, you need to always consider actioning in here when your website has actually currently started generating decent traffic. The step is all about monetizing the website. You can quickly convert your visitors into money! Usage Pay Per Click ad systems, text link ads or banners. You will be able to make a great amount of cash from these sources if your website is currently generating traffic from the search engines.

Genuinely effective bloggers will be producing something their readers really desire. These blogs likewise have well targeted marketing that will really engage that audience. That’s why that targeted traffic is so beneficial. Individuals who wish to get everything they can out of blogging will create strong content and earnings streams that aren’t simple to disrupt. Completion result will be a really impressive level of cash flowing in – quickly and with little additional work.

An extremely standard example of passive earnings is purchasing a home and leasing this home out. Then, the FDA stepped in and shut the business down. There are websites that use visitor packages for set costs.

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