What’s better: One source of income or several

What's better one source of income or several

Getting a job where one can earn sufficient amount of money, so that he/she doesn’t need to look for another source of income, is really a blessing. Often times we do not get the desired job or the pay is not what we expected. Whenever such happens, we start looking for either another job or for other sources which can helps us earn little more money. Doing multiple jobs or starting a small business alongside job has become so common that if someone is not doing it we think of that person as naive or ignorant.

We often associate this thing, of having multiple sources of income, with rich people and businessmen. Therefore, today almost everyone is thinking of having several ways with which he/she can make money. But, is it actually better to have different sources of income or just one good source is enough. Argument can be made from both sides but is it possible to give definite answer to prove which is better approach.

If someone is earning good amount from his job or business should he try to earn more from multiple sources; and if someone is earning from various methods should he try to find one source to make things simple for him. In my opinion it all depends on each and every individual person. Some person thrives with multiple tasks while some perform better with all their energy of one thing. There can no answer be given with full certainty that one is better than the other.

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

Which is better option to choose?

So, what should you choose between these two options. In my opinion you should go for one source which will enable you to be independent financially. After that you can choose to look out for other options to make more money. Don’t start your journey with the mindset of having several ways to make money. Always give your energy and time to one particular thing initially and then when that thing become successful only then divert your focus to other things.

Having multiple sources of income is definitely a thing to be proud of but you have to be aware about what is your main source of income among them and what do you want to be your bigger source. Keeping these things in mind plan your actions and don’t get too stressed while doing it. Try to keep things as simple as possible. Start with one and then explore more.

Hope this article is helpful to you and you succeed in your ventures. Do checkout other posts related to similar and different topics. Also, share this post with your friends, greatly appreciate your support.

Read also: Blog monetization: 10 important things to know

Blog monetization: 10 important things to know

Blog monetization: 10 important things to know

Blogging is one of the such job which not only requires your time but also good amount of focus and attention as you begin. Making money from a blog is not a very difficult task but its also not as easy as it looks. Writing a good blog is in itself very tiring and it can double the tiredness if you are not able to make some money from it. There are number of ways of blog monetization but not everyone is able to get their benefit.

Monetizing a blog or site can be done in number of ways. You can do affiliate marketing on your blog or use google adsense or sell your own product and many other things. Although all these things can help you earn money there are instances where some people are not able to use any of it. Sometimes the blog or site get rejected by google adsense program and sometimes your affiliate links or id gets blocked. There could be any reason for that to happen but there are 10 important things which everyone should know that can effect a blog or site’s monetization.

Read also: Can you earn more money while sleeping?

10 things that can effect the blog monetization

  1. The niche of your blog.
  2. SEO score of your site
  3. Use of copyrighted images/videos.
  4. Availability of various pages like home, about and contact page.
  5. Adequate privacy policy page.
  6. Number of blog posts.
  7. Number of pageviews
  8. Average session time
  9. Consistency and frequency of blog posts.
  10. Headline and length of blog posts.

These are some important factors which can effect the monetization of a blog. Its not necessary that you will not be able to monetize your site without having all of the above items but they sure will help you in your monetization process. Apart from that in order to get approval from google adsense your site must be at least 3 months old. All these things if done right will help you generate income from your blog without much delay.

Hope this post is helpful to you and you will start earning from your site. If you haven’t started your blog yet then this is the best time to start it. Do share this post if you find it useful, greatly appreciate your support.

Read also: 5 big reasons to start a blog

Can you make $1000/month by earning passively

Can you make $1000/month by earning passively

Passive income is the income which you earn by not actively working on something. Many individuals are earning this type of income while working on their regular jobs. Some are generating money from not only one but from multiple platforms. So many times earning passively becomes more convenient for some people and they quit their job to dedicate all their time to their side hustle, but is it actually possible to make $1000 every month through passive income.

When we think of doing something extra along with our job most of the time we think of making something about 25-30% of what we are earning via our job. We do not think of making our side hustle our main source of income. But if we can earn the same amount or maybe more which can be earned from a regular job then it definitely ought to get all our attention. Making something like $1000/month is very tempting but I think its entirely possible to do that.

Yes, you can make a good amount by earning passively. By generating income passively you can become more financially independent and the master of your own time but how do you do that. There are number of ways which can help you make $1000 each month passively. With these methods you can say goodbye to your job and be your own boss.

Read also: 4 simple advice for beginners to earn online

Ideas that can help in earning $1000/month passively

  1. Youtube channel People start youtube channel not only for their passion but also for generating good income. Youtube gives money for the number of clicks or view you get on the ads running against your video. With in some time if you get sufficient viewers you can easily make $1000 every month. There is also a possibility of getting sponsors for your videos so that can help you greatly.
  2. Blogging – Earning money through blogs is almost same as youtube. You get paid for the ads running on your blog posts. With good amount of readers for your blog you can make decent amount of money. Affiliate programs can also help you in your earning through blog.
  3. Writing a book – If you are a creative person then you can use it to earn some money for yourself. You can write a small book of around 100 pages and sell it on amazon. You can earn through royalty for your book.
  4. Selling your design – If you are a web designer then you can design number of logos or pages and sell them through sites like Elementor. You can easily make $1000 with your designs.
  5. Photography – If you a photographer and can actually capture quality photographs then you can earn commission for them by making them available online and license them on sites like shutterstock, istock and many more. Whenever someone will use your photograph you will get commission for them.
  6. Stock market – It is one of the major source of earning for lots of people. You can easily make $1000 every month by investing in some good stocks. You definitely need to have some knowledge about stock market and there is also a chance of losing your money. So, Invest accordingly and at your own risk.

These ideas can help you make a good amount of money for yourself. You can always do multiple things together and earn $1000 through all of them collectively. By doing that there is no pressure on you to depend on only one thing to work. You can earn small amount from all of your side hustles and make it $1000 monthly.

If you find this helpful then do share this post with your friends and family. Do checkout the other posts on the site. Greatly appreciate your support.

Read also: Side Hustle-Some important things to know

Can you earn more money while sleeping?

Can you earn more money while sleeping

Earning more and more money is a dream for almost all of us. We all have been at a place where all we can about is how I can earn more money. Some have found the answer for it while some are still at that place. Each one of us want to find a perfect and permanent source of income and in the struggle of that one has definitely thought that if he/she can found the way of earning while sleeping or playing then their life would be perfect.

But, is it possible to earn money while sleeping when our body and mind is at rest. How can anyone make money or do anything while being in that position. No one is in conscious state while sleeping so it is nearly impossible to control one’s body and mind while sleeping. Even though no one can do much while sleeping but what if there is a way you can earn money in that state.

I am not talking about some high end technology which will enable you to control your body during sleep. This is a very simple method with which lots of people are earning while they are not awake. Not only while sleeping, with this way of income some people are earning while bathing, eating, playing or doing anything. Even you can earn money using this method.

Read also: 6 most effective ways to write a better blog

The way to earn more money while sleeping

The thought of being able to earn while sleeping is definitely very intriguing. Many individuals are doing it and the path which they chose to do this amazing things is known as the passive income.

Passive income is what lots of people are practicing now more than ever. This has become a vital part of so many people’s lives. Many individuals are quitting their job in order to build a scheme with which they can earn passive income. Passive income is basically making money for a work which you did in the past. Perfect example of people earning passive income is youtubers. Youtubers make money through the views or clicks which they get on the ads running on their videos. More views or clicks means more money. A video posted years ago can still makes money if it is getting views.

There are number of ways to earn passive income. You don’t have to be youtuber to earn passive income. As a beginner, there are 5 Best ways to earn money passively which anyone can use to get started.

With the help of passive income one can earn more than his/her job. It can help you get the financial freedom. It will enable you to be the master of your time and energy. Passive income, if done right will help anyone to earn while sleeping and possibly more money than they were making while being awake.

Hope this post was helpful to you and I’m sure you will take the required steps and make something special for yourself and your loved ones. Read my other posts to know more about such topics and share it with your friends and family.

Read also: 3 reasons to go for passive income

1 big mistake in stock market most of us make

One big mistake most of us make in stock market

We all want to invest our money, so that it can grow in value and we can get some benefit. Whenever we hear word investment, one thing always cross our mind and that is stock market. Stock market has become one of the major source of investment for lot of people. Many people think that in order to get some profit in stock market they need some kind of luck. That is not true, thousands of people are earning profit from it and that is not just because of luck.

There are few things which are necessary to know as a beginner before investing in stock market. You need to be aware about the events effecting the market, about the company in which you are investing and how the market works. You don’t need to become expert in all this but do get a little understanding of these things before investing. There are also some things you need to avoid while buying and selling and shares. There is one biggest mistake most of beginners make which results in them losing their money.

Read also: Is investing in stock market useful?

One big mistake to avoid in stock market

There are lots of cautions which need to taken while investing your money in stocks. Stock market changes everyday, every hour and with that the value of your money changes too. You have to extremely careful about the shares you are buying. The one big mistake which need to be avoided is trading before investing. This is the biggest mistake most of us make when we start investing. We want to earn profit fast and instead of investing our money we start trading shares. Stock market is not a gamble and if you will treat it like one, you will definitely lose your money.

Trading basically means the you are buying and selling the shares on same day or the next day. First of all you need to be aware about two methods of investing or trading in stock market. If you want to learn about them then checkout this Ways of Trading: Long-term and Intraday You need to sure about whether you want to go for long-term trading or intraday.

If you will start trading before you have invested any money then you are risking your money. No doubt, trading right stocks at right time can make you good profit but you never know what can affect the market the next day or hour. If you want to trade, first invest. After you have invested and made some profit then trade shares with the profit you have made. With this you will not lose your original amount if the trading turn out to be loss for you. And if trading proves to be beneficial then you will have profit on your profit. But first you need to invest your money for some time.

Read also: 5 big reasons to start a blog

Hope this article helped you in making your mind about stock market investment. There is a popular saying ‘don’t put all your eggs in one basket’ do follow this while investing. Invest in different stocks rather than putting all your money in one stock.

Read also: Important things for making money online

7 simple steps of Earning online for Beginners

7 steps of earning online for beginners

Earning money online has become a normal thing for today’s generation. There are number of ways to get some extra income for yourself on internet. It has become necessity for some people while for some its just a side hustle. Do you also think of earning online but not sure where or how to start then your wait is over. In this post I will discuss the 7 steps which are required for earning online for beginners.

Read also: How to make extra money online- 5 ways

There are so many articles and videos talking about making money online that it can become overwhelming for someone. I will talk about the simple steps which are needed to get you started. Once you have started to make income online you can always pave your way through.

Here are simple steps of earning online for beginners

  1. Decide the platform which you want to use for online earning. There are number of platforms to choose from. It can be youtube, blogging, freelancing, affiliate marketing or any other. Make-up your mind about what you want to do then see which platform is best for it and then decide.
  2. Make the stock of your posts beforehand. Whatever platform you choose keep at least 5-6 posts ready for your channel or site or profile. If you are starting a youtube channel then make 5 videos ready to be posted. Same with the blog and freelancing. The thing is if someone lands on your channel or site and you have only one post then they have no reason to stay at your site. If you already have 5-6 posts then you have the more chance of increased viewership.
  3. Promote your content as much as you can. Earning money online is all about getting more people to watch your content and getting early views are the hardest. You need to actively promote your site or channel on social media platforms and among your friends to get views.
  4. Monetize your content. Its not like you have got viewers for your content and immediately you will start earning. You have to monetize your content by either applying for google’s adsense program or by affiliate marketing. You can also sell your own product through your site or channel. If you want to know about affiliate marketing then read this 5 Best ways to earn money passively
  5. Be consistent with your content. I mention consistency in almost all my posts. Once you have got viewers and even if you haven’t got viewers yet, you need to post consistently. Posting regularly increases the chance of returning visitors and also of getting new eyes for your content. So be consistent and patient with your effort.
  6. Keep on upgrading yourself and your content. Once you have got some views and make some money even some little amount, you need to improve the quality of your content. With spending some time on doing what you are going to do you will get some experience. Use that experience to enhance your product. Quality is always preferred over quantity.
  7. The last and the important step is to keep on doing what you are doing. It can get tough at times, you may feel like you are going no where but just have faith in yourself and keep on going. You will eventually find your destination.

These are the 7 simple steps which you need to follow as a beginner to make online income. Hope this post was helpful to you and if it was then do share it with your friends.

Read also: Why you should start a blog now?

Blogging: 8 important things to know before you start

8 important things for blogging

If you are a beginner and thinking of starting a blog then you must be reading about it on internet or watching videos on youtube to get better understanding of it. You will get number of articles or videos talking about how you can start blogging and earn money from it. But there are some things that no one talk about. There is more to blogging than just buying a domain and starting your blog.

To start a blog you have to get domain name and hosting name for your blog. These two are the most essential things to start your blog. If you want to know about domain name and hosting name or how and where you can buy them then read this post Why you should start a blog now? In this I have talked about all the basic details you need to know about creating a blog. This will help you to create your blog but there some important things to know before you start blogging.

Read also : 5 Best ways to earn Passive income

Here are some important points to keep in mind while starting a blog

  1. You will have to create different pages for your website or blog. Its not like you have bought domain and hosting name and you will start writing and publish a post. No matter what platform you choose for blogging you need to create different pages. Your blog must have separate pages like home page, contact page, about page and blog page where you will post. If you choose wordpress for blogging then you can use in-built themes which already has those pages and you just need to edit them so it can be little helpful.
  2. You will also need various plug-ins for your blog to function. You will need plus-ins for almost everything you want to do on your blog. For better themes, analysing performance, social media sharing, adding affiliate disclosure. Honestly it can be little overwhelming with so many plug-ins and it can affect the speed of your site.
  3. Your blog or website should be legally compliant. Legally compliant meaning it should have the page that discloses the information of how you will use users personal data. You must have privacy policy page on your blog to avoid any legal action. You can use privacy policy generator to generate a privacy policy for your blog. WordPress also have a privacy policy page, you can add disclosures in that according to your blog.
  4. It can take months before you make your first income. Starting earning from blog can take a quite a bit of time because to monetize it you need viewers. Getting audience for anything is very difficult task and it can take you months to get first 1000 views.
  5. Even after getting your first income from blog it can take much longer to make considerable amount. Once you get viewers you will need google adsense to run ads on your site. More views on ads means more money. Google adsense pay according to per 1000 views. So to earn a good amount you will need to have many thousand viewers. If you use affiliate marketing to earn from blog then you will need your audience to buy from your links and it can take a long time to build that relationship between you and your viewers.
  6. You will need to be consistent with your writing. Write and publish posts atleast once or twice a week for months to gain viewers. You may feel demotivated at times but you have to patient and consistent with your effort.
  7. You will spend more time thinking about promoting your blog than writing it. Getting first 1000 views are the hardest. You will have to promote your blog on social media, among your friends and family. Even after all that you may not see the boost in views. So you will think more about how you can promote your blog than thinking about what to write. Actually there is nothing wrong in that but just don’t totally neglect your writing. Remember to be consistent with it.
  8. You may feel like quitting but don’t. There may come a time where you will think that you have nothing more to write or you are not getting expected viewership, just don’t get bothered too much, try to stay calm and focused. You can take a few days break but don’t leave it half-way through. Be patient and keep on writing, you will get what you are wishing for.

These things are must to know before starting a blog. Hope this was helpful for you and if it was then do share it with your friends. I greatly appreciate your support and wish you well for your venture.

Read also : Important things for making money online

Important things for making money online

Important things for making money online

We all have thought of doing something that will help us in making some extra money. In today’s world of internet so many people are earning through online platforms. This thought of making money online cross our mind every now and then. But most of us just wonder about making money online instead of acting on it.

There are various ways you can earn money online. It can be through youtube, blogging, investing in share market and many more. I have earlier talked about How to make extra money online- 5 ways . These 5 ways are the sources through which you can make money online but there are some important things to know about online earning.

Some of the important things for making money online are

  1. Choose your platform wisely You are going to spend your time and energy in making a content that will help you generate money. Whether you choose investing in stocks or starting youtube channel or writing a blog, you need to be sure about your decision.
  2. Choose a platform which interests you Don’t simply just start investing in stock market because you have heard stories about people getting rich through stock market trading. Is investing in stock market useful? There are lot of things to consider while investing in stocks. Don’t just start a youtube channel because you think that youtubers are making a lot of money. You need to pick a platform in which you think you can genuinely do something interesting and attract viewers.
  3. Be original Whether you are making a content on youtube or writing a blog or anything that requires your creative energy, try to produce original content. You can take inspiration from others but you need to give it your own touch and make it original. If you are thinking of writing a blog but not sure about what to write then read this Why you should start a blog now?
  4. Be consistent – You need to be consistent with your effort while trying to make money online. You need to upload or write or create content consistently to gain viewers and make money. It can take some time to generate your first income but you need to be patient and consistent with your effort. Read this post to learn more before you start your side hustle Side Hustle-Some important things to know
  5. Keep learning and upgrading – While you actually start doing something to make money online also try to learn more ways to monetize your content. There are number of ways to monetize your content and you will learn them along the way. With learning keep on upgrading the quality of your content slowly, this will help you attract more viewers. Read this to know Top 3 ways to make money from blog

These are some of the things to keep in mind while deciding to go for online earning. I would say you should definitely choose to make money online. I can tell you the 3 reasons to go for passive income and how this will be beneficial for you. If you want to know more about passive income and how you can make it happen then checkout this post

Read also: 5 Best ways to earn money passively

3 reasons to go for passive income

Passive income

In today’s world we all want to earn more and more money. In order to do that so many of us work for extra hours or do two jobs at a time. The money we earn depend on the amount of time or effort we put into our job. If we stop working the money will stop coming. Since the money is the driven force for lot of people, everyone is just working extra hours. This working for extra hours has become so common that you will be labelled as lazy or not hard working employee if you don’t put in extra hours. That’s why many individuals want to make some passive income along with their job.

What is passive income?

Passive income is the way of earning money without actively working. This means that you will earn money while you are on vacation, having dinner with family or while sleeping. This sounds too good to be true. But so many people are actually doing things that allows them to earn without actively working. There are now number of ways through which you can make some extra money for yourself. I have earlier talked about the 5 Best ways to earn money passively . In this article I will tell you the 3 reasons why you should too try to make passive income.

Here are 3 reasons to go for passive income

1. To get financial freedom

With the help of passive income you will be able to spare some free time for your family or yourself. Doing something that generates money on its own gives you the financial freedom. This means that you can live your life without worrying about where will the money come from all the time. No doubt you have to work first in order to generate passive income. But with passive income you will get money for lifetime for the thing you did once.

Once you have worked enough to start earning passive money and you think you can earn enough without working too much or putting in extra hours then that gives you the freedom to actually enjoy your life. Right now many of us are just worried about our jobs, presentations, meetings or our boss. But passive income will give you the financial freedom and you will be relieved from the stress of making a living only through your job.

2. To be your own boss

Passive income can help you in not only making a living but a healthy living out of it. You may have heard form so many creators who left their job to do something on their own. Whether its some youtube creator or some musician or someone who wants to write a book. These all are ways of passive income and so many people choose to do that instead of working for someone. This gives you the control of your time. This is like a business without actually starting any business.

3. To be more creative

When you decide to go for passive income you choose to make money by engaging an audience. In order to engage an audience to need to be bit creative with your stuff. No doubt as a beginner you may feel like this will not work but you have to be patient and consistent with your effort. Remember consistency is the key. Once you get a hold of what you are doing, you automatically start thinking creatively. You start to invent new ideas to attract more audience and to engage them. This helps you become a more creative person and its always beneficial to be little creative.

Creativeness can give you a whole new joy to your life. It can add excitement in your day to day life and you can be more satisfied with your work.

Top 3 ways to make money from blog

These are the three reasons you should opt for passive income. Read my earlier post to know how you can make passive income for yourself. I have also talked the various ways to make money online through blogging and other stuff. Do checkout them to know more about earning some extra money.

How to make extra money online- 5 ways

How to make extra money online- 5 ways

how to make extra money online

We all love to earn extra money for ourselves and there are number of ways to do that. Here we are going to talk about the 5 ways to make extra money online.

Earning money online is what we all have thought at least once in our lifetime. Some people actually make it true and earn money by doing things we all think we can do. I’m going to tell you the 5 ways you can also earn online even if you are just a beginner. Making money online can be challenging and fun at the same time. You just need to be patient and consistent about what you do. Here are some of the methods which you can use to make extra money.

1. Freelancing

If you have some skill or talent you can offer your services online and make some money out of it. You must have heard this line in movies that if you are good at something never do it for free. Whether you are a web developer, graphic designer or photographer you can charge money in exchange of your service. There are number of platforms available where you can make your profile and offer your service.

Nowadays so many people want to hire the experts from the comfort of their homes. There best solution to find the service is through internet. There are so many freelancers who are earning a lot by dealing online. You can do that too by just finding a online platform and make a profile that will attract the buyers.

2. Translating

Another way to earn online is to translate the books or podcasts. If you have a good grasp over two or three languages then you can use that to your advantage. You can write the subtitles for movies or shows that are in different languages other than English. Or you can make subtitles for the movies that are in English in your native tongue. Not only movies you can do this for youtube videos and for songs too.

You just need to find a suitable platform where you can use your knowledge of different languages. You can also make tutorial videos where you can teach different language. This is one of the best ways to earn some extra money for yourself.

3. Blogging

Blogging is basically your website which you use to share your knowledge about particular things. Like if you are into technology and gadgets then you can make a blog about new or old tech gears. You can write about comparison between two gadgets and much more. With this the other people who love to know about these things can potentially become active readers of your blog. With time as the number of your readers will increase your earning will also increase. Bloggers can earn anything between $1000 to $10000 in the beginning through their blog.

Check this link below if you want to learn about how you can start your own blog and start earning from it

Why you should start a blog now?

When you get decent number of readers on your blog you can monetize your blog and earn money from it. More the readers more the money. You can also use google adsense program on your blog to earn more money. Affiliate marketing can also used to earn money from your blog. There are many other ways you can use your blog to get some extra income.

Read this post to know more about how you can earn from your blog

Top 3 ways to make money from blog

4. Online Tutorials

Like I mentioned in translating section, you can make tutorial videos and earn money. You can also take tuitions online. If you are good at playing guitar or flute or any instrument then you can teach that online. You can take classes of an individual or group of people. Online tutors can charge from $20 to $50 an hour. You can teach anything you are good at. You can also use your blog to promote your tuitions.

Many people choose to learn from their home rather than going to actual classes. It can be from youtube or hiring an online tutor. If you can get even one person to take classes from you then you can make decent amount through that. With online tutorials you just need to spend 2-3 hours a day teaching and you can make good money. More time you will give to it the more you will earn.

5. Making YouTube content

One of the best ways to earn extra money is from Youtube. Everybody watches YouTube whether its kids, adults or old people, we all love watching YouTube in our free time. You can make videos about anything on this platform, there are plenty of options for you to choose. You can make tutorial videos, cooking vlogs, travel vlogs, reaction videos and many more and earn money out of it. Now its more convenient to get your income from YouTube that is by making Youtube shorts.

With in some time Youtubers start earning between $100 to $100000. Your earning will totally depend on your content and you just need your mobile phone and little bit of creativity to get started and earn for yourself.

These are the 5 ways you can use to make some money for yourself. Other than that you can use many more methods which I have discussed in my previous posts. Checkout this post to know about them

5 Best ways to earn money passively

Also, are you curious to know about stock market and whether its good way to make money or not. If you are then checkout this post down below

Is investing in stock market useful?