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.
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.
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.
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
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.
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.
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.
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
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.
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.
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.
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.
Here are some important points to keep in mind while starting a blog
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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?
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
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
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.
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.
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
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
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
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. But there are always some people who advice us to not invest in stock market because of obvious reasons. There is a high chance of losing your money in stock market therefore many people are skeptical about it. So, is investing in stock market useful or it is just a way to lose your money.
Stock market has a lot of potential to increase your money value. It also has some risks involved. Some of the pros and cons of investing in stock market are as follows
Pros of investing in stock market
With stock market you can actually double the amount of your investment with in short period of time. It is true what you may hear in movies or advertisements. There is a chance to double your investment, if you choose the right stocks and strategies to invest.
You can earn a decent amount of money from stock market every month. In stock market you can sell your shares in a day, week or month. If you pick right stocks at right time to sell then you may actually earn more than your salary.
Cons of investing in stock market
With the speed you can earn from stock market, you can lose with the same speed too. You have to be very careful while picking your stocks. Investing in wrong stocks can cause a loss of money.
It can be addicting to trade in stock market. Once you earn some profit, you want to make more and this can actually result in money loss. Trading can be dangerous if you are not well aware about how the market works. Read the post down below to learn about long-term and intraday trading.
I would suggest to invest in stock market. It is very crucial to invest your money and stock market is one of the best ways to do that. There are some risks involved with it. You need to be fully aware about the stocks or company in which you are going to invest. Always start with small amount of money. Once you start to get some profit then increase the amount of your investment.
Investing in stock market can turn out to be very beneficial for you if you follow the right steps. Gather proper knowledge about the companies or shares and also the incidents that can affect their stock value. After knowing all the facts you should decide to invest in any company. In order to gain profit from stock market you should be aware about all the recent events which may or may not effect the stock market.
Hope this article was helpful to you and you invest your money wisely. If it was helpful then do share it with more people, greatly appreciate your support.
Everyone of us at some moment in our life has thought about investing in stock market. But we often stop ourselves because of our lack of knowledge about how the market works. We are scared to take the risk of losing the money by investing in wrong stocks. If you want to invest and want to learn about the market then you need to know some basic things. One of those things is to learn about the long-term and intraday trading.
Trading is basically buying and selling the stocks of company. Of course you want to buy low and sell high. But as a beginner its difficult to know that for how long you should hold your stock before you sell. Market fluctuates daily, so the value of your stocks also changes everyday. One day are at a profit and you decide to hold that stock for longer time. And the next day the value of your stock decreases and now you are at loss. Then you wonder that you should have sold that stock when its value was high.
Also learn how you can make money from writing a blog
When you sell the stock of a company after holding it more than a day its known as long-term trading. You buy the stock and you keep it for more than a day, week, month or years. Long-term trading is basically the investing your money in stock market. You buy the shares and wait for it to grow for months or years before you sell.
I advice you to regularly check the performance of stocks of the company that you bought. Even if you are looking for long-term investment, its important to know value of your stocks. With long-term investment you can earn a lots of money if you invest in right companies.
Intraday trading
Intraday trading is when you buy and sell your stocks on the same day. This means that you sell your shares with in 24 hours of buying them. With intraday trading you may earn 10, 100 or 1000 rupees a day depending on your share value. Intraday trading is what we all can say is the easy way to earn money but it can be very risky.
You should only decide to do intraday trading if your are 100% sure about your share’s growth. In intraday never put a lot of money unless you are expert at it. To do intraday trading you have to be well aware about the market. You need to have the knowledge of the stocks that you are going to buy and sell. You need to be aware about any incident that can affect your stock’s value positively or negatively. Once you know all these things only then you should go for Intraday trading in my opinion.
What should you choose Long-term or Intraday
If you are a beginner in stock market trading I would say that you should go for long-term trading. You can try intraday trading for an experience but with the money that you are okay to loose. Even with the long-term investment start with less money and don’t put all your money in one company’s shares.
There is a popular saying ‘Don’t put all your eggs in one basket’ which is very true for stock market. You should invest your money in shares of different company. By doing that you lower the risk of losing your money. If you put all your money in one company and its stocks crashes then you will lose all your money.
I would suggest you to go for long-term trading if you are just beginning. Once you get a hold of how the market works, you can do the intraday trading. Even with the long=term trading always be aware about the market and the events that affects it. With stock market never invest all at once, at first invest in fewer companies. Then slowly either invest in more companies or put more money in the companies you already invested in.
Even if you don’t have much money to invest, you can start with a small amount. You can invest small amount each month and with time you will be able build a nice portfolio for yourself. I advice you to start investing in stock market because it will be beneficial for you in long term. This is one of the way to generate passive income for yourself. But remember to do proper research before investing in share’s of any company.
I have talked about different ways with which you can earn money online in this blog. Do read them and also if you find it helpful then share them with more people. Greatly appreciate your support.
If you have started blogging then you have already taken first step towards making money through online platforms. When someone starts writing a blog just for his/her amusement, it doesn’t hurt to get some money from it. There are number of ways with one can earn money from their blog. I’m going to discuss about what are the top 3 ways to make money from blog in my opinion.
Before starting a blog we all face some hurdles like uncertainty. We are not sure whether to start a blog or not. Or we don’t know how or where to start one. Or how long will it take my blog to generate income. If you are also having any such questions in mind then read this post here
Like I have said in my earlier posts, starting a blog is one of the best side hustle for you. It gives you the satisfaction if you like writing. It also helps you to earn some extra money for yourself. There are some important things to know before you start this side hustle. Read them here
Like I said before there are number of ways to earn from your blog. Here are the top 3 ways to earn from your blog
1. Google Adsense
Google allows you to run some ads on your blog or site and you can earn some money from it. You get some amount for every click or view on that ad. You have to apply for google adsense program and if they give you green light then you will be able to run ads on your blog post and earn money from that. To be eligible to apply for the program you need to have certain number of posts on your blog and your blog must fulfil their requirements.
2. Affiliate Marketing
One of the most successful way to earn money from your blog is affiliate marketing. Affiliate marketing is basically the making recommendation of the product. If someone buys the product from your recommendation then you share the profit of that product. You can promote and put the link of the product on your blog. Whenever someone buys the product you earn money. Easiest way to start doing this is to use amazon’s affiliate program. You can promote any product from amazon on your blog and make some money out of it.
3. Sponsorship
If you get a decent amount of readers on your blog then you can get contacted by companies to write about their product or run a ad about their product on your blog. They can pay you anything around $100-$200 per post or maybe $1000 depending on the traffic on your blog. This amount can go up to $10000 for some bloggers and may more than that.
Blogs that have a particular niche have more chances to attract companies or agencies. If you don’t have a niche, it may take longer for you to get sponsors. Bloggers who blog without any niche need to be careful about some things. If you want to know about niche and whether blog without niche earn money or not then definitely read this
These are the top 3 ways in my opinion to earn from your blog. I always say in my posts that you need to be consistent with your blogging to start earning from it. There are other ways too to make money from online platforms. Check this to know about them.
You have decided to start your own blog but you are not sure about what you will write about. Blogging about a certain topic is usually the best way to go. But blogging without niche can also turn out to be beneficial.
Making a blog has become one of the best side hustle to earn money. But you need to be aware about certain things before starting this side hustle. One of those things is knowing your niche. You may read and see in youtube videos that blogging without niche is not successful. You will not make money out of it. Is it true or the niche doesn’t matter for earning money. Read this post to find out.
Also checkout this post before you start your side hustle
Niche is basically what your blog is about. If you are going to write about health & fitness then that will be your niche. If you have a blog about movies where you write about different kinds of movies like 10 best thrillers of all time or 5 best horror movies then the niche of your blog will be movies. It is important for you to decide a topic about which you are going to create your blog. Blogs which have a niche have more chance to attract visitors and earn money.
Should you do blogging without niche?
It is preferred that if you make a blog, it should be about some particular topic. The reason for that is, blogs that a single topic have more chances of getting noticed. It is also easier to get google to run ads on your blog if your niche is defined. Google adsense is one of the main source of earning from your blog. If your niche is clear you have more chances to get approval from google adsense.
That does not mean that blogs without niche does not generate income. There are lot of successful bloggers who blog without particular niche. You can start your blog with what you feel comfortable writing and then discover your interest in particular topic and then make it your niche. Even if you don’t find your niche its okay. You will eventually find your audience. So, I would say that you should start your blog even if you don’t have niche in your mind. The important thing is you started. You will find your place in blogging world with or without niche.
If you have any doubt if you should start a blog or not then check this post
Although blogs with niche have increased chances of generating money but blogs without niche can also generate a decent amount. You will be able to earn from your blog via google adsense or affiliate marketing. There are many other ways to earn from your blog. If you want to know about them checkout my previous post
While making a blog that does not have any particular niche there are some things to keep in mind.
Do’s for blogging without niche
Do make categories in your blog. Categories are basically your blog posts about different topics. For example, you have written 5 blogs about singing and 5 posts about health & fitness. Make sure you separate those blogs with categories. Making categories can be hard as the beginner but you will learn it eventually.
Be consistent with your efforts. In the beginning earning from your blog can be difficult and it may take some time. You have to be patient and consistent with your content. Like I say in all my posts that consistency is very important to generate money from your blog.
Don’ts for blogging without niche
Do not write about something that you have no knowledge about. Whatever you are writing make sure that you at least know some things about that topic.
Do not write about a topic only one time and then move on to another topic. If you have made a post about singing then make sure you write at least 5-6 blogs about singing. If you write about it only once then you may have difficulty in getting adsense approval on your blog. That does not mean that you have to write 5 post about singing in a row. You can write about something else but remember to write about singing again.
You don’t have to worry about the niche of your blog to earn money. Focus on your content and remember to stay patient and consistent with it. Consistency is the key. Also checkout my other posts, that will help me with my blog.
