Do you want to earn extra income but already work 40+ hours a week?

The trick of the investment pros is generating Passive Income. If you already work 40+ hours a week and don’t have time for any kind of extra job or side hustle creating passive income is a great way for you to get ahead without a whole lot of extra work.

What is Passive Income? I touched on this in my last post on Free Travel. A simple definition of passive income is income you received on a regular basis, with little effort required to maintain it. Say you work a typical job where the amount of time you work determines the amount of income you will bring in. For example, 8 hours of work at $10/hour gets you $80 minus taxes. With passive income you still make the same $80 but with much less actual working done by you. Let’s say that you rent your apartment on Airbnb for $80/night minus any fees. The amount of actual ACTIVE work it takes to make the same income is very little compared to eight hours at your full time job.

Investment pros create Passive Income by investing in in things like the stock market, income property, etc. But what if you don’t have money to invest? This is what’s great about Airbnb especially if you travel for work, pleasure or have an extra room. You don’t need any money to get started and you are leveraging your home/apartment to create extra income. You have to pay your rent/mortgage anyway why not turn your monthly liability into extra income for travel, paying off bills or buying some new things.

If you are ready to start making passive income we’re ready to help.