The most attractive money are those that are received without physical effort and special costs. Income that allows you to receive money without working is called passive income. Not working and living comfortably is a dream for the most ordinary people.
The main advantage of passive income is the ability not to think about the salary, and in the future it allows you to give up your main job and become a financially independent person.
The receipt of money can be permanent or one-time. There are several ways to get money. The income level will depend on the method chosen.
One of the ways to make easy money is to win the lottery, casino or any gambling game. The income level can be very high, but the probability of receiving money in this way is very low and the risk of losing your own funds is very high.
Inheritance belongs to a one-time receipt of funds. It can be money, real estate, or jewelry. If you get a decent inheritance, then you can not work for several years.
A small but stable income can be obtained by regularly donating blood. Donors are paid a monetary reward, and the company is provided with time off. In this way, you can save up for additional vacation.
The source of the money is the pension. You can apply for a pension not only for old age, but also for seniority, depending on the type of profession and the nature of the work. At the same time, you can receive a pension and continue to work. For the female part of the population, alimony is an additional source of money. You can get money without working by applying for unemployment benefits.
Separately, each source brings in a small amount of income, but in the aggregate, you get a good amount that will work for you and make a profit if you channel it in the right direction.
The most affordable passive income is a bank deposit. By putting money on a deposit, you can receive interest on the deposit. An additional source of money appears. The income level will depend on the amount of the deposit. Therefore, to obtain a high income, you need to work hard and accumulate initial capital. To accumulate, you should use all sources of money - social benefits, alimony, pensions, subsidies, salaries, inheritance, and constantly look for additional sources of funds.
A deposit is a reliable way to save and accumulate money. However, inflation overtakes deposit income, so to increase profits, you should invest in more profitable instruments. Mutual funds allow an ordinary person to invest their own savings in stocks and bonds. They have a low threshold of the initial payment and do not require special knowledge in the field of investments.
The most profitable and reliable investment of money is real estate. It can be rented out. The cost per square meter is constantly growing. If you buy an apartment and transfer it to the status of non-residential real estate, and then lease it out for commerce, then the rental price increases several times.
Having accumulated a sufficient amount of money, you can open your own business. When your project begins to generate a stable income, appoint a manager, and make a profit yourself and do what you love. If it is an original and profitable business, then many will want to open the same one. By giving them permission, you will receive your monthly percentage of the turnover.
However, not every person is born a businessman. Many entrepreneurs are looking for investors to start their own business. Having invested the accumulated money and becoming a business partner, it will be possible not to work and receive a percentage of other people's income.
You can lend money at interest. Direct proof that this is very profitable are the banks from which everyone takes loans. There are a lot of offices and organizations that issue microloans. The only disadvantage of such passive income is the big risk of losing your money, as they may not be returned.
If you are a creative person, then by becoming the author of a song, book, film or an unusual invention, you can get a percentage for using your ideas. Ownership of original ideas is inherited by your children, so this passive income is very promising.
The main difference between a rich person and a poor person is that the poor person works and spends everything he earns. A rich man works and puts it off so that he doesn't work later. It is very difficult to achieve financial independence in a short period of time. Therefore, in order not to depend on money, you need to work hard, save money and increase it. In the future, money will work for you.
