My Passive Income Streams + Why I Didn't Work For 3 Weeks!

Published on November 9, 2020

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I couldn’t work for three weeks but still made a full time income online thanks to my passive income streams – here’s what they are.

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*Disclaimer: This video was filmed at the Verandah Resort & Spa in Antigua, where I was staying as part of a fully gifted influencer trip with Traverse Events and the Antigua & Barbuda Tourism Board. *

First of all, sorry that this video is lacking fancy editing and good audio. I messed up on both, but I wanted this video to be as honest and raw as possible, so decided to upload it as it is. I guess it’s going to take me a while to get back into the swing of things!

In this video, I’ll give a brief overview of why I disappeared recently and how I made money while I was unwell. I’m not sharing this to boast, but to show that it’s totally possible to build an online income that’s (almost) passive. Not only did it give it peace of mind when I was stuck in bed for two weeks, but it also meant I didn’t worry about the $800+ hospital fees.

If you don’t care about my health issues and just want to skip to the passive income streams, they start at around the 4-minute mark. I won’t be offended if you want to skip to that part, but wanted to give everybody who’s been asking an explanation of why I haven’t online, what’s going on right now and also to explain what passive income is.

The passive income streams I’ll run through are:

1 – Affiliate Marketing: This is my “bread and butter” when it comes to passive income, and also what I did for a living when I lived in London.

2 – Display Advertising: The two networks I use are Mediavine and Ezoic.

3 – YouTube Advertising: A super small amount, but a passive income stream I know will be there every month nonetheless.

4 – Stock Footage: I only use Blackbox because it’s super easy and convenient. You can sign up here: https://portal.blackbox.global/register?code=JTB6R18L

5 – Licensing Footage: I didn’t actually sell any in the last week (I’ve barely been on email!) but it’s still been a great money maker.

6 – Equity Investing: I almost didn’t include this because I’m SUPER new to it. But I wanted to share it because it’s something I’ve started doing as I think about the future.

I always liked the idea of creating passive income streams to take the whole working remotely thing to the next level. I dreamed about being able to go off the grid for weeks to travel hard or even just take a holiday somewhere like Antigua. It never occurred to me just how useful it would be if I HAD to take a break from work for health reasons.

The last few weeks have been painful and exhausting, but I don’t know if I ever would have put my faith in my passive income without what happened. It’s SO nice to know I can now take a holiday and fully enjoy it. I hope you find this interesting and helpful if you’re wanting to do the same!

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As always, thanks for watching! I’ve been travelling the world full-time as a digital nomad since 2017 and capturing it all through photography and videography. On this channel, I share all the behind the scenes of the digital nomad lifestyle as well as advice for becoming location independent. I also share everything that goes into maintaining a life of remote work and happiness, including minimalism, making money online and looking after your mind and body. I share new videos every Wednesday and Sunday at 5:30PM UK time – don’t forget to subscribe to see more and hit the thumbs up if you enjoyed this video!

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Passive Income Ideas Streams

Passive Income Ideas Streams, My Passive Income Streams + Why I Didn't Work For 3 Weeks!.

Five Passive Income Stream Concepts For Web Designers And Developers

Markets increase, markets go down, and markets go sideways. Thousands upon thousands of individuals are believing about retiring everyday. The web provides systems like this that are ripe for passive income.

My Passive Income Streams + Why I Didn't Work For 3 Weeks!, Watch new reviews related to Passive Income Ideas Streams.

Working Towards Sustainability With Passive Income

You simply need to offer adequate details to motivate the reader to click the link to your website. Seventh, use Google AdSense as part of your ad project. Join a business that is legal and patented.

Earning passive income means making money regularly without needing to do a lot of on-going work. Due to the fact that this sounds so ridiculously terrific it is typically dismissed as a pie in the sky concept without any examination being done on the matter. However, if you look into the subject simply a little you will discover out these unexpected realities.

Can you see a typical style here? Most of the investments above supply cash flow on a constant basis. When it comes to cash flow, I am a fanatic. In my mind cash flow equals flexibility. Here are a few concepts to assist you build your own passive income sources if you don’t like the things I am doing.

When ever we need are called as the passive income streams, these types of sources that produce income. There are various ways by which these types of passive earnings can be earned. Among others, one who rents his/her own home to others and gets lease from them.

One of the very best ways you can earn money is through passive income. This income is income that you keep earning while not directly affecting just how much you work. There are numerous passive income ideas nevertheless these can take considerable effort to set up. A very standard example of passive income is purchasing a home and renting this home out. If you do not pay cash for the home certainly you will be paying interest back to the bank, this can then make you some decent lease nevertheless. Another easy passive income concept is to compose the book and sell it.

I utilized to say: words + concepts + paper = $$$, but with the advent of eBooks, the paper aspect has been removed. Understand that each and every person goes through life with their own unique point of views and concepts. No 2 individuals ever see things precisely the exact same method. This is what makes your own knowledge and experience a valuable commodity because even though every topic possible has already been blogged about by many authors, none of them see the circumstance as you do and your unique twist to that exact same concern makes it valuable to others.

One method to do that is with vending makers. Purchase some vending makers, fill them with stock, secure a place for them, and let the money roll in. Yes there are some actions involved there, as well as some in advance financial investment, but there are individuals out there who make a good living with this. There is also upkeep involved as you either have to stock the makers and collect the money yourself or pay somebody else to do it. But it’s a concept; a system that can be scaled out to produce alternate income.

It’s certainly easier stated than done, certainly – but with some effort and decision, we’ll have the ability to create the way of life we want utilizing the benefits of earning a passive income, which we are working for today.

You can brand yourself as a weight loss expert and kid, will you earn money! Conclusion: passive income ideas, is what the rich learn to try to find, but they aren’t only for the abundant.

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