One of the most influential and successful people you hear about that discusses passive income is the legendary Warren Buffet. He often talks about the importance of generating money while you sleep, otherwise you will work for the rest of your life. Passive income allows us to earn more by working less which can not only contribute to a better work-life balance in the present but can also create a prosperous future as well.
//TODAY'S TOPIC OF DISCUSSION
In this video I discuss #10 Passive income ideas for 2020 (some of which I have utilised myself) that can generate consistent income in the long term, and require minimal ongoing time if done correctly.
//DISCLAIMER
I am by no means a financial advisor so please seek financial advice from the appropriate professionals if you are unsure about how to approach any of these passive income generators I have discussed.
//ADDITIONAL RESOURCES
(these are not paid promotions)
Real Estate:
Essential reading = "How To Be A Landlord" By Rob Dix. (For UK)
Teaching An Online Course/Skill:
Hiring Out Space:
Hiring Out Your Car:
Building An E-Commerce Site:
//GET IN TOUCH
If you would like to share your journey, talk about your experiences or even about what you are pursuing then drop us an email at: thelegacyjournals@gmail.com. (and maybe we could get you on the channel in the future.)
Likewise, if preferred you can always post a comment instead...
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I truly hope you found this information helpful :)
//VIDEO PARTICULARS
Host: Miraj
Ethos: Entrepreneurship | Business | Personal Finance | Positivity | Motivation
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