Which is better: active money or passive money

which is better: active money or passive money

The income which you earn by actively working at your job or through your business is known as the active income or active money. It requires your active participation in order to get paid on monthly, daily or hourly basis. The amount of money you earn in active income is directly proportional to the amount of time and energy you put in your work.

Passive income or passive money is what you earn without actively working. It does not require your constant time and attention. You can earn by putting in limited time and energy. You may not be able to earn too much through passive income initially but if you work smartly and with proper strategy then passive money can be very beneficial.

In general, any kind of income is good because it helps you pay for all the necessities of life. It helps you buy food, pay bills, to have roof on your head and much more. Majority of population earn active money and only some percentage of people are earning through passive income. That is because the active money is a safer choice compared to passive money. Passive income take time to take off and you have to smartly choose your medium of earning passive money.

Even though active money is a safer choice the passive money allows you to earn with minimum effort. It also gives you the control of your time if done correctly. With proper planning and wise investments passive income will help you earn more than you could have earned through active income.

5 Best ways to earn money passively

Reasons to go for passive money

  • It makes you the owner of your time and you don’t have to rely on someone else to give you the day off.
  • It makes you financially independent. You will not have to constantly worry about your job and money.
  • Passive income allows you to earn money from the comfort of your home.
  • It will help you become more knowledgeable about the economics and investment.
  • It helps you become more creative with your time and money.

There are many more reasons to choose passive money. If you are not doing anything that will help you earn passive money then start it now. You don’t have to leave your active source of income in order to earn passive money. You can do it alongside your job and as you will start earning you can then decide which source of income is better for you. Good luck with your expedition.

8 benefits of passive income

8 habits that can be helpful for side hustle

8 habits that can be helpful for side hustle

While starting a side hustle there are many things that comes to mind like what to do, how to start or where to start. These things often weigh too much on our mind and we get lost in thoughts instead of actually doing something. Even after starting side hustle sometimes it does not go as planned. There are definitely important things to know about what kind of side hustle one want to do and what is required for it but sometimes our small habits make a lot difference in our approach and results in beneficial situations.

Our daily routine and habits play an important role in molding our life. Small change in habits can prove to be very beneficial. We may not see it but small habits impact our life situations immensely. They help us create a routine for our sub-conscious mind which then present circumstances accordingly. Similarly, some little change in our habits can be useful for our side hustle too.

Here are some of the habits that can help you build your life in a better way. These are simple but very beneficial habits. Do try to follow them and see the results.

Why most side hustles fail to succeed?

Habits that can help with side hustle

  • First habit that’s very beneficial is waking up early. I know your parents must always tell you this thing but it is actually very useful to get up early. It helps you get a better start for your day and gives you more time to get things done.
  • Be organised. When you get up make your bed, always keep your room and belongings clean and at their place. This little habit is very important for leading a organised life.
  • Be punctual. Always try to do things on time, reach where you want to be on time. This will you give you better understanding of time management and you will be able to do things which you thought you didn’t have time for.
  • Always try to be optimistic. Train your mind to not think about the negative outcome and focus on positive outcome. Instead of worrying and thinking negatively try to find the solution for the problem.
  • Do not procrastinate. Get things done as soon as you can instead of delaying it deliberately. This will make you an active participant of your life and you will do things on your own rather than doing them in some kind of pressure.
  • Try to be more disciplined. Whatever you do do it with undivided attention whether its work or any fun activity. Your focus should be on the thing which you are doing at the moment.
  • Do not overthink. It will only result in wastage of time. You cannot think progressively about anything after a certain point. Thinking too much about it will only cause the helplessness and frustration.
  • Spend time with yourself everyday. Do not use mobile or watch TV or do anything just enjoy your own company. This will give you a lot of clarity in your thoughts. Spending at least 15 minutes with yourself daily can turn out be very useful.

These small habits can produce big results. Try to apply these habits in your day to day life and you will see the result for yourself. Most of the times our circumstances are the results of our habits. In order to create favorable circumstances we have to apply good habits in our life. Good habits also help in our work life. They will definitely help you get better with your side hustle. Hope this was helpful to you. Good luck with your side hustle.

Is it easy to make money online?

Should money be the driving force for blogging

should money be the driving force for blogging

Thousands of people do blogging on the internet. They write blogs about the things they are passionate about. Some write blogs to give their point of view on certain things and some write to give information or knowledge about the topics they know. Even though people start blogging due to their passion it starts getting hectic after some time. At that time the thing that keep individuals going is either their passion or money.

Money is one of the biggest driving force for so many people and its true for bloggers too. So many people start blogging just because they think that this will help them earn some money. That doesn’t mean that people who start blogging out of passion doesn’t want to earn money from their blogs. For them maybe money was not the reason they started doing it but It may have become the reason for them to keep doing it.

When the sole reason for you to do blogging is to make money then you may not get the expected results. Money can be a great driving force to start a blog but it takes months before you start earning from a blog. In that time if money was the only reason you were doing blogging then you will start losing interest. Even if you start earning money from blog it can only help you write your initial posts. You will soon find yourself out of topics to write if money was the only driving force for you.

You should write blogs about the things you really want to talk about. Write about the things you are passionate about as it will help you keep going and also to make money. The driving force for blogging should be your passion not money.

5 big reasons to start a blog

Is it necessary for side hustle to be hard..?

is it necessary for side hustle to be hard

Side hustle is your extra source of income along with your job. It has very important nowadays to have more than one source of income. There are number of side hustles which one can choose to do. With more accessibility of internet now people have more exposure and wide options from which they can choose their side hustle.

Starting a side hustle and giving it appropriate effort and time is not an easy task. It can be exhausting to maintain a job and side hustle side by side. No matter what side hustle you choose to do it will require your time and energy. That’s why sometimes it gets very hard for some people to keep balance between their side hustle and job.

Everyone believes that in order to achieve some goal one has to go through some hardships. It is true that a person must do hard work to achieve his/her goal. But if you choose the side hustle which you love and you don’t feel like it is giving you stress then that doesn’t mean that you will not get successful with your side hustle. It is also possible that you might have found a side hustle which is actually not that hard to do or you are quite good at doing it so it doesn’t feel like too much work. This doesn’t mean that you will not earn anything from it.

It is not necessary that in order to earn money from your side hustle it has be hard or you must feel exhausted and feel like you have done so much work. We all like to believe that unless we go through some hard times we don’t deserve the reward. Many things in life are very easy but we make them hard by putting too much pressure on ourselves. Likewise, side hustle can be easy and rewarding if you are good at it and enjoy doing it.

Why most side hustles fail to succeed?

The simple reality of earning money online

the simple reality of earning money online

It is a dream for so many people to earn money online through their smartphones or computer. We all think that life would become very easy if we could start earning money online. While some got successful in achieving this dream some are still finding a way to make it happen.

There are number of ways to earn money online. You can be content creator, do paid surveys, invest in stocks, sell your product online, do online tutorials. There are many more ways to make some extra cash for yourself. With internet and smartphones it has become very convenient for so many individuals to make their earnings. Thousands of people are earning thousands online on various platforms.

Is it really that easy to make online money or there is some other side to it. Well there are multiple aspects to everything. Similarly, there are some things which many of us who wants to earn online do not know. Many beginners start their side hustle but later on they came to know about some realities of it. There is a reason why only few people are successful in earning money online.

Read also: Earn money online with these simple methods

Some realities of earning money online

  • Many individuals see other people making money online and think that this is very easy and anyone can do it. In reality it is not easy to make money online. There is a lot of work involved in order to earn some money from any platform online.
  • It will take a good amount of time to make your first earning online. Whether you become content creator online or start some gig it is not like that you started doing it today and next day or next week you will start earning. It can take up to months before you start making money.
  • Almost no side hustle is free. Starting a blog, selling your own product online, doing online tutorials there is always some investment that you have to make beforehand either to buy some equipment or to get access to some site or platform.
  • It will require your good amount of attention and energy in order to earn online. If you think that you can make it work by just working on it once a week or even less then you are wrong. It needs your constant efforts and time. Only then you will be able to see its results.

These are some of the realities of earning money online which every beginner should know. It helps you to plan your side hustle better and be prepared for any future obstacles. Hope it was helpful to you and you will start your side hustle with full conviction. Good luck with your side hustle.

Read also: Stock market investment: 9 things to know

Blogging and its high benefits

blogging and its high benefits

Blogging is one of the widely used method to make money online. Many people start their blog because they want to make some extra money along with their job. It is also very easy and convenient to start one’s own blog. Apart from helping people to earn money, blogging has some huge benefits. These benefits can turn out to be very useful for bloggers as they will positively affect their lives.

Benefits of blogging

  • If you are a writer or want to start writing then blogging can prove to be very beneficial. It allows you to write your ideas and thoughts without any fear and judgement. Blogging will definitely boost your confidence as a writer.
  • It can help you grow your business by leading more people to your website. It can also help you in starting your business online as you can sell your products via blogging.
  • Writing a blog helps you in becoming more organized person.
  • Blogging helps you to activate your creative thinking. As you write your thoughts or ideas you will eventually start thinking creatively to express your views and you will have a different outlook to regular things.
  • By writing a blog you get a medium to vent out your emotions. You can write about your inner feelings, about which you may don’t want to speak, and lift a burden off your chest. This will eventually help you get more relaxed and will also help in making better decisions.
  • As you start making money through your blogs it will help you become more financially independent. You can be the boss of your own time and live life as you want.

Anyone who wants to start his/her blog or thinking about whether to start blogging or not should start it today. It is one of the best side hustle and its benefits are such that it helps you grow in your life. Blogging has proved to be very beneficial for lots of people and it can also be the same for you. Have fun blogging.

Read also: 10 best ways to make money from home

What is the value of money?

What is the value of money

Value of money is basically what the money is worth that is what one can get or achieve or buy with it. Everyday the value of money decreases with inflation. With inflation the prices of everything goes up but the 100 rupees will remain the 100 rupees. It will not become 110 with inflation in fact now you won’t be able to buy the thing which could buy with 100 rupees. With passage of time the value of money is going to decrease and you will need more and more money to get things which you used to get with lesser amount.

If you are one of those who believe in saving money for future then i have bad news for you. The money which you are saving will stay the same in amount after 10 years but the rates of everything else will go up like rocket. Even after saving money in bank accounts you will get maximum of 3% interest annually which is not enough to keep up with the increasing prices. Thousands will stay thousands in savings accounts but their value would be of hundreds after 10 years.

Read also: 8 benefits of passive income

How to prevent the decrease in the value of money

The only to keep up with the increasing prices is to invest your money instead of saving. With investing your money you are allowing it to grow along with market. There are number of ways to invest money. You can invest in real estate, stock market, gold and many more options. With inflation and increase in prices your money value will also increase with these investments. Your money can grow more than 100% with right investment and you won’t have to worry about the increasing prices.

You don’t need large amount of money in order to invest. You can start investing with smaller amount and then as you understand investment and finances more you can increase the investment amount. With smaller amount you can invest in gold or stock market. These methods allow you to invest small amount and can give you good returns on your investment. The value of your money can grow substantially with good investment. Investment will help you become more financially stable and independent. It will also help you get better prepared for future.

5 truths about making money from blogging

5 simple truths about making money from blogging

Many people start their blog thinking that they will be able to earn easy money from it. Thousands of people start their blog everyday but only few of them succeed in making money from it. As a beginner many people are not aware about how the blogging platform works. They have this idea that if they write 15-20 posts then they will start earning from it but that is not true at all. There are some truths about making money from blogs that everyone, who wants to start his/her blog, should know.

Blogging is one of the best side hustle for anyone who wants to make money online. It is also very easy to start your own blog but it is not easy to monetize it. In the beginning it looks very simple that you will start your blog and write posts on it and after getting views you will start earning money from it but that is not the entire truth. There are many things which you learn as you go through your journey of blogging and there are some truths which you should learn before you start this journey.

Read also: Avoid these 3 mistakes to monetize your blog

These are some realities of earning through blogs which every beginner should know as it will help you better understand blogging and also to plan your way accordingly.

Simple truths about making money from blogs

  • You will not make money from your blog for months. It is very difficult to get the initial viewers for your blog and in order to be able to show ads on blog your blog must be at least 3-4 months old.
  • In order to monetize your blog it should have minimum 40-50 quality posts. Its also very helpful if your blog has a niche because it is harder to monetize a blog without niche.
  • It is not always a smooth ride. The views are the most important thing for a blog so that it can make money for you. In order to get regular views you have to post regularly. There can’t be too much gap in between the posts.
  • Main source of income from a blog is via showing ads. If you want to do that then your blog have to get approved from google ad-sense and it must follow all the guidelines of google ad-sense if you want approval. You can learn about all the guidelines and rules from google ad-sense’s website.
  • Another truth is that that you will get out of ideas to write. You will feel like that you don’t have any new topic to write. This can cause the inactivity on your blog and a potential drop of viewers and views. Whatever the case is just try to post with consistency and vent out all the bad ideas from your system and the good ones will eventually follow.

Hopefully this is helpful to you and you will start your blog with positive mindset. If you don’t make money from your blog soon then there is no need to get disheartened. Just have some patience and keep on posting consistently. Have fun blogging.

Read also: Blog monetization: 10 important things to know

6 big reasons to invest money in stock market

6 big reasons to invest money in stock market

There are number of ways one can invest his/her hard earned money. One of the biggest and most commonly used method to invest money is stock market. Stock market has always been a topic of discussion among common people. Many believe its the best way to invest money while many think of it as a gamble. Many people believe that only some specific people who has knowledge of stock market can be successful with their investment in it but that is not true. Some understanding is definitely required to understand how the stock market works but it is something that anyone of us can do.

There are definitely some things which are essential to know as a beginner before investing in stock market. Anyone can learn the necessary steps required to invest in stock market and make profit. Still lots of people have their doubts about investing money in stock market. There is always a fear of losing the money. This fear is understandable but it can be avoided by careful investment. Apart from this the advantages of investing in stock market are vast.

The benefits of stock market investment are such that it can prove to be the best investment decision of yours. Common people do not invest money in stock market because they think that it is for rich people but it is not true. One can invest even a small amount in stock market and get benefits. Therefore, every one of us should invest in it and reap its benefits.

Read also: Stock market investment: 9 things to know

Why you should invest money in stock market

  1. Stock market can give high return in short period of time. With the growth in market and company’s share value in which you have invested your invested amount could get doubled.
  2. Stock market has high liquidity. You can buy and sell your shares at any time without any difficulty. If you have invested in some company and you think it will go in loss then you can sell your shares and similarly if you want to invest more in some stocks you can buy more at any time without any difficulty.
  3. With stock market investment you get more financial freedom and more knowledge on the subject. This knowledge will help you make better investments and make you financially independent.
  4. With investing in stock market the value of your money also goes up with increasing prices. If you would have saved that money the its value would have decreased with inflation but investing in stocks helps you in growing your money value with the market.
  5. Another reason to invest in stock market is that you get regular income through dividends. A dividend is a distribution of profits by a company or corporation to its shareholders and by investing in company’s shares you are its shareholder.
  6. Even though thousands of people have invested in stock market the percentage is very small compared to the nation’s population. In India only 3% of its population has invested in stock market. Therefore, there is a lot of potential and opportunity to make your money grow in stock market investment.

It is wiser to invest money in stock market at this point of time. It is one of the best way to invest money and reap long term benefits. As a beginner, start investment with small amount. Do not put all your money in one company’s shares. Invest in multiple companies, this will lower the risk of money loss. Hope this post was helpful to you and good luck with your investments.

Read also: Will stock market make you rich?

Is it easy to make money online?

Is is easy to make money online

Everyone wants to earn more and more money. Most of us try to do number of jobs and businesses to earn more money but we all know it is not an easy task to make money. Many people have found their income source from internet. There are number of ways to make money online. Thousands of people are earning very good amount from various online platforms. With the increase in the affordability of internet and smart phones more and more people are trying their luck and succeeding in online earning.

Nowadays, almost everyone has a smart phone and internet and they all are spending their time online whether its web surfing, you-tube, instagram or facebook. While most people are using these things only for entertainment purpose there are many people who are using these platforms to make money for themselves. Number of you-tube creators and bloggers is increasing day by day. With more awareness about these income streams more people are chiming in to take benefit from them. Although the number of people who are putting their effort in earning money online is increasing everyday not everyone is able to make it work.

Is it really that difficult to make money online or you just need to know some right tricks. Is it even possible to make money online or its just a big misinformation. Whether anyone can make online earning or you need some special training for it. There are number of such questions which runs through people’s mind who want to make money online.

Read also: Earn money online with these simple methods

Can you actually make money online

So the answer is yes, it is possible to earn money online. You can become you-tube creator, write blogs, do affiliate marketing or can sell your own product online. There are number of ways to earn money from various online platforms.

Most people think that they just need to post one or two videos on you-tube and they will start earning or they can write 5-6 blog posts and it will start giving them revenue. The reality is it can take months to make your first earning online. Earning money from online platforms is similar to earning from any kind of job or business. You have to put your energy and effort into it in order to make money from it. Whether you make videos, do affiliate marketing, do online surveys or anything you will require to put your effort, time and energy into it. Without it you cannot earn anything from any online earning method.

So is it easy to make money online, the answer is no. It is not an easy task to make your earning from online sources. You will first need to make your audience and build their trust. After consistently putting in your energy and effort you will be able to earn something. Once you have made your first income your job does not get over. In order to earn consistently you have to work consistently on your piece of work. Along with consistency you will need a lot of patience because like I said it can take months to make your first earning.

Do not shy away from taking first step in a way of online earning. Just think of it as a regular job and give your time and energy to it and it will definitely give you positive results.

Read also: Can you make $1000/month by earning passively