If you're like me, you probably spent all day thinking about how to make more money. I found this graph online that I thought I'd like to share. I'm also going to talk about various income sources and I hope to hear about more ideas.
First things first, don't always rely on your investments or passive income streams to provide continuous financial support. Look for active income streams such as an hourly paying job (if possible) and always save, save, save. Here are some active and passive income ideas.
Ridesharing (Very Active - Paid Hourly + Tips)
When doing ridesharing like delivery, remember that you must take into account wear-and-tear on your vehicle and tickets. I don't recommend delivery for long. It's dangerous and eventually, costs add up.
If you enjoy driving and that's cool consider this. Purchasing a car and starting a taxi or delivery service. The idea behind this to have people using their active income to make you money.
Bitcoin Faucets and Online Surveys - (Partially Active - Low Payments)
Bitcoin faucets are interesting, to say the least. They are definitely not a get rich quick type of thing but rather a slow accumulation (Hence the name). They are similar to answering surveys online, you won't make much but if you are from outside the USA this may be for you. By using the exchange rate BTC to local currency it may work in your favor.
E-Book, Blog, Photo Portfolio - (Must be built - Possible Good Payments)
This is not the easiest thing. But, if you have a skill, no matter what it is, you can write an e-book. Are you are good at carpentry? Write a book. Can you change a tire? Write a book. There are many self-publishing options online that will walk you through this. It may be hard at first to write, and it may take a long time but once it's done, it will be a continuous stream of income. But it's not one and done type of job.
Blogs, websites, or photo portfolios, need to be built and scaled up. I've read about people making five-figure incomes just off their photo portfolios. They may have accumulated thousands of photos (which sell for $0.10) but they built it into this massive empire. Nothing is get rich quick.
I think that's all for right now. I will speak more about the importance of having a checking and savings account another day. I hope more members will post and share their business ideas!
Attached is a link to the article of the picture.