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Passive Income: How I Make $30,000 A Month (5 Ways)

Published on: December 2 2022 by Sara Finance

Are you tired of working long hours and still struggling to make ends meet? Have you ever dreamed of earning a passive income that allows you to live the life you deserve? Well, look no further because I'm here to share with you my secrets on how I make $30,000 a month with just five simple methods!

Method 1: Real Estate Investing

- Buy and hold rental properties

- Airbnb rentals

- House flipping

Method 2: Dividend Investing

- Invest in dividend-paying stocks

- Reinvest dividends for compound interest

Method 3: Affiliate Marketing

- Promote products and earn a commission

- Create a niche website or blog

Method 4: Online Courses

- Create and sell courses on platforms like Udemy or Teachable

- Share your expertise and knowledge

Method 5: E-commerce

- Sell products online through platforms like Amazon or Shopify

- Dropshipping

There you have it, folks! These are the five methods I use to earn a passive income of $30,000 a month. Remember, building a passive income takes time and effort, but the rewards are worth it. So, start today and begin your journey towards financial freedom!

Passive Income: How I Make $30,000 A Month (5 Ways)

Last month, the author made over $30,000 in passive income, and in this article, they reveal the five streams of income that make this possible.

Last month, I made over $30,000 in passive income. To achieve this, I have five streams of income that work for me, even when I'm not actively working on them. In this article, I will reveal my five streams of passive income and how you can also start earning passive income.

1. Dividends:

- Definition of dividends

- Investing in dividend stocks

- The author's stocks: TD Bank, Coca Cola, Johnson and Johnson

- Goal to have over $2,000 per month in dividends

2. YouTube:

- Semi-passive income

- The author's channel and videos

- The author's earnings from YouTube in the last 28 days

- The potential earnings from posting videos regularly

3. Automated Dropshipping Business:

- Explanation of dropshipping

- The author's dropshipping business

- The author's earnings from dropshipping last month

- The author's plan to automate the business

4. Affiliate Marketing:

- Explanation of affiliate marketing

- The author's affiliate marketing earnings

- The author's recommended platform for affiliate marketing

5. Renting out a car on Turo:

- Potential earnings from renting out a car

- The author's plan to try this as a new stream of passive income

Passive income is possible and can provide complete freedom in life. The author's five streams of passive income, including dividends, YouTube, dropshipping, affiliate marketing, and renting out a car on Turo, allow them to make over $30,000 every month. By following the author's strategies and tips, anyone can start earning passive income and have the freedom they desire.

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