aspire.samee
Senior Member
- Nov 5, 2020
- 925
- 970
You can Balance Passive income with ACTIVE SPENDING
Passive income - Does it not become boring?
- Thread starter Muzan
- Start date
xReminisce
Elite Member
- Dec 29, 2012
- 7,329
- 36,654
sounds like Wasteful Spending
nerkoperko
Regular Member
- Apr 26, 2019
- 448
- 316
You picture yourself wrong
When you get older few more years, you will work few days, few houurs a month and rest of the time you will travel around the world and be FREE. You will meet a tons of people, cultures and see stuff that you would never be able to do working 9-5 because you will have your FREEDOM! Don't miss that, you will see when the time comes.
HyperEVmedia
Regular Member
- Jan 5, 2017
- 229
- 303
Or you can go to a university and get a degree you are actually interested in, and do useful things and be proud of yourself, making friends in the way? There are lots of people who have enough wealth to sit on their ass their whole life, but they work and have successful careers, not for the money, but for the joy of it. Lots of doctors, researchers,journalists, etc. are like that. Trump could sit on his ass his entire life, he wasn't forced to pursue business and politics.
Cryptology
Junior Member
- May 31, 2018
- 190
- 92
Not sure if OP is trolling or not but anyway. Having money doesn't mean you have to stay home doing nothing.
You can still go outside in the world and do activities... Where is the problem?
Workplace is not the only way to socialize in life.
Join associations, go to parties, do handcraft activities, start doing music...
Money gives you time to do whatever you want. Enjoy it.
You can still go outside in the world and do activities... Where is the problem?
Workplace is not the only way to socialize in life.
Join associations, go to parties, do handcraft activities, start doing music...
Money gives you time to do whatever you want. Enjoy it.
nerkoperko
Regular Member
- Apr 26, 2019
- 448
- 316
He is making good money, better than 95% 20-30 year old members here.
DunderMannen
Elite Member
- Sep 11, 2019
- 2,136
- 1,985
What you're explaining there is probably 50% of people's dream in the world. No job but getting steady money, no school, only working once a month.
The last part is completely up to you, you have to get something you like to do besides making money. Painting, sewing, craftsmanship, renovating, whatever! This you can surround yourself with, and have it as a "job" almost. Then of course surrounding yourself with friends that have the same situation as you. Go out for lunch everyday with a mate, partying on the weekends etc.
Also; you can always work to grow your passive income, there's no stop to money you know. Nothing wrong with working 8hrs/day to try and grow your income instead of just sitting back and seeing it come in. Maybe get into stocks/crypto investing? That shit can take up more than 12hrs of your day, all the research etc. plus it's mad fun!
The last part is completely up to you, you have to get something you like to do besides making money. Painting, sewing, craftsmanship, renovating, whatever! This you can surround yourself with, and have it as a "job" almost. Then of course surrounding yourself with friends that have the same situation as you. Go out for lunch everyday with a mate, partying on the weekends etc.
Also; you can always work to grow your passive income, there's no stop to money you know. Nothing wrong with working 8hrs/day to try and grow your income instead of just sitting back and seeing it come in. Maybe get into stocks/crypto investing? That shit can take up more than 12hrs of your day, all the research etc. plus it's mad fun!
It's your time, enjoy it bro
lurker123
Power Member
- May 17, 2020
- 504
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how do you know this?
pleb1
Regular Member
- Dec 20, 2009
- 331
- 380
Yes, it does get boring. I've managed to get a 50 % position as a digital marketing manager - and working 50 % on my own affiliate projects. A perfect combination - even though I earn SO much more on my own websites. I think humans need that social interaction sometimes. Staring into a screen in your own office is so boring that most people can't do it alone for a long time.
nerkoperko
Regular Member
- Apr 26, 2019
- 448
- 316
i know a guy from before, we are in similar biz. He is doing very good job.
- Jul 29, 2015
- 464
- 229
Let me put it this way: if PASSIVE income gets BORING, you are doing something right.
However, that doesn't mean YOU need to be as boring as your income.
The whole point of passive income is to keep your activities FREE from acquiring it.
When you feel that boredom, its time to explore what interests you beyond money.
However, that doesn't mean YOU need to be as boring as your income.
The whole point of passive income is to keep your activities FREE from acquiring it.
When you feel that boredom, its time to explore what interests you beyond money.
- Apr 20, 2018
- 5,093
- 2,957
well.. what kind of IM you doing may i ask
.
jake lionar
Regular Member
- Oct 5, 2019
- 356
- 651
he is 16, i guess by passive he meant like 50$ a mounth
lurker123
Power Member
- May 17, 2020
- 504
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- Jul 14, 2017
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Thank you all for your answers, it has actually changed the way I think of passive income and my future self. I don't know why I pictured myself like that, sitting at home doing nothing, when I obviously can be doing other things. I guess it has something to do with that none of my friends are following me, they all want to have a normal job instead of doing what I do. So maybe their mindset affected mine.
And just to clear up some things I'll answer some of the questions I got.
Currently making around $70 a day (only from PPI), so if it's consistent it looks like it'll be around $25k this year. If I had more time I would've been able to make more videos (aka more money), but because of school and other activities I only get to work and make new videos every second month or so, when we have longer breaks.
And just to clear up some things I'll answer some of the questions I got.
I make youtube videos where I get paid per install (ppi).well.. what kind of IM you doing may i ask
Although I realize that I am not making a shit ton, I am no millionaire, but I started around a year ago, and so far I have made $14k from youtube and $10k from btc investing (Although the bitcoin part was pure luck, had no idea it would suddenly explode. And technically I have not made that money since I haven't sold anything, I just have bitcoin so I can purchase things with it).
Currently making around $70 a day (only from PPI), so if it's consistent it looks like it'll be around $25k this year. If I had more time I would've been able to make more videos (aka more money), but because of school and other activities I only get to work and make new videos every second month or so, when we have longer breaks.
I wouldn't really say it is typical of a teenager to think he/she has everything figured out. I definitely don't feel that way.
hdloader11
Junior Member
- Dec 7, 2013
- 146
- 85
I currently have 2 active e-commerce stores. Once I crack a niche and get a store consistently profitable, I hire people to run the day to day aspects and only monitor paid ads, which takes like 2-3 hours per week max.
Sometimes the store dies after a while, other times I can run the store for 2+ years like one of my currently active ones. At some point, money becomes nothing more than couple of pixels in a banking app. I do what I do because I really enjoy it. There are some shitty parts like when a product you spent hours on is unprofitable, but I live for that dopamine hit when a store starts making consistent profit. Watching the numbers rise up in your bank account is also therapeutic. After a project, I go on to the next challenge, or just chill out and spend time on my hobbies for a few months.
As a final remark, you can never have enough money. Even if I were to make $1m+ per year, I would still aim to grow that income as much as possible.
Sometimes the store dies after a while, other times I can run the store for 2+ years like one of my currently active ones. At some point, money becomes nothing more than couple of pixels in a banking app. I do what I do because I really enjoy it. There are some shitty parts like when a product you spent hours on is unprofitable, but I live for that dopamine hit when a store starts making consistent profit. Watching the numbers rise up in your bank account is also therapeutic. After a project, I go on to the next challenge, or just chill out and spend time on my hobbies for a few months.
As a final remark, you can never have enough money. Even if I were to make $1m+ per year, I would still aim to grow that income as much as possible.