Name: 5 Passive Income Sources I Wish I Knew at 20
Uploaded: 2021-05-18T17:40:29.000Z
Duration: 10 min 22 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

How many crypto millionaires are there in the world? Just take a guess.

Modal verbs - A2

10K? In fact, you can stop the video and write

down your guess in the comment section. Let's see if you can guess it right.

According to the cryptocurrency data-tracking firm BitInfoCharts, there are over 100K people

who have at least $1 million or more stashed in BITCOIN. That figure was up from just 25,000

BTC millionaires four months ago. And a year ago, there were only 15,000 bitcoin millionaires.

Imagine if we count in all the millionaires who hold different kinds of cryptos such as

Ethereum, dogecoin, bitcoin cash, Stella, and many more.

I think there are a few hundred thousand of them.

But you know what I like more than bitcoin? Passive income!

When you put the work upfront and then enjoy the cash flow that comes in afterward. Of

course, it might need a little management, but overall, with a minimum amount of effort,

you keep receiving that paycheck every month or every week.

It might seem like you need a lot of money to build at least one or two sources of passive

income but not today. I mean, people are creating wealth out of nowhere, like in the case of

cryptos. What makes you think that you can't build at least one if you have an Internet

connection. So let me share with you five passive income ideas that you can implement

right now, right after watching this video. It doesn't matter if you have a full-time

job or if you don't have a lot of money. These passive income ideas can be implemented literally

by anyone. So if you are ready, all you have to do is

to give this video thumbs, just crash that like button and let's start with the first

In the age of the internet, you can monetize pretty much anything, even your pictures.

You probably have heard this a million times, but I am going to give you a practical way

to turn your picture into passive income. This is not a scam! Although it sounds like

one. You see, content creators have to come up

with content, and not everyone is ready to go and shoot videos or create illustrations

such as this one, so our team, for example, relies on external sources to get these illustrations.

Others use video footages or pictures to create videos such as business casual, economics

explained, or even our second channel bloom. And we use tools such as Shutterstock, for

example, to get these images. All you have to do is upload your pictures or videos to

these kinds of websites, and whenever someone would use your picture, you are going to get

paid a small commission. In fact, you can start uploading the exact

same pictures you have on your Instagram; it doesn't matter if they are pictures of

your own or nature. As long as they look decent, you can give them a try. You are going to

But what If you are not a fan of pictures? What if you don't take pictures at all, or

you are just bad at taking pictures?   well, don't worry because you can

Sounds too good to be true. Before you jump to conclusions, let me explain. 

You are probably interested in something. It could be financial education, stock market,

college, art, doesn't matter, there is at least one thing you are interested in.

What if I told you that instead of just sharing your ideas or opinions or knowledge with your

friends over a drink on Friday night, you can share them with the world and monetise

them. That's what blogging is. You don't necessarily have to make videos.

I get it! Ittakes time, money, and effort, but writing down your thoughts is easy. 

Just set up a website and turn your ideas into articles such as this one. (My blog)

and put some ads on your website through google Adsense. Every time someone opens your article,

they would come across an ad, and you are going to get paid a small commission for every

ad that appears on your blog, which could turn into thousands of dollars if enough people

read your blog. But you might say, setting a website takes

days or weeks to build? Or at least a few hours! 

Not anymore! Recently I have come across Zyro, one of the

best website builders on the market who gladly agreed to sponsor this video.

I am not praising them just because they sponsored this video but rather take a look at this

website? Everything from creating the website to making

sure every page looks nice and beautiful took me less than 15 minutes. You can literally

visit this website that I have created in 15 minutes using the link in the description.

Whether you are launching a business, a blog, or you simply want to share your thoughts

and Monetise them to create some passive income, you need Zyro.

  Zyro is the easiest way to create a website

or online store. All you have to do is drag and drop, No coding or design skills needed.

Or you can simply use one of the hundreds of designer-made templates they already have.

  And here is the best part, it's the most affordable option

in the market. With Zyro's limited-time deal, you can get an additional 10% discount and

build a website for less than 3 dollars a month!

That's less than the price of your coffee and if by any chance you didn't like the service,

don't worry! Because they have 30 day money back guarantee.

There is literally zero risks in trying this service. Make sure to use the link in the

description or promo code - PROACTIVETHINKER - to get an additional 10% off Zyro plans

Another way to monetize your blog is though

If your blog is about fitness for example because you are trying to lose weight and

build some muscles. In your blog, you might recommend some protein shakes or apps that

would help you to track your calories or help you exercise more effectively. Pretty much

every service has an affiliate program which means, you will get paid anything from 1 percent

to 10 or even 20 percent if someone uses your link to buy that product.

If someone would read your blog and would get value out of it, they would definitely

use your links to buy that product since you have established trust with them.

Every time I talk about books, for example, I make sure that I put an affiliate link down

in the description, so those of you who are interested in buying that book, you can do

that using my link, and we will get a small commission that will help us grow the channel.

You are not going to overpay. That company or, in this case, Amazon would share with

us a tiny percentage out of the sale for driving that traffic to their store.

Of course, with one or two links, you aren't going to go far, but imagine if you have dozens

of articles and dozens of links. You might drive hundreds if not thousands of people,

and that small commissions will turn into a decent amount of money over a month.

It sounds like a joke, but there is actually a way to make money by putting ads on your

car. It's so weird that there are so many ways

you can make money through ads. What an age are we living in?!

Think about it. You drive your car anyways. You might drive every morning to your office,

drop your kids at school, or just hit the hypermarket to do your groceries. Why not

let your car generate some income while you are doing that.

I know that putting ads on your car seems like too much. You might feel a bit too uncomfortable,

but who cares, you are earning money, and in case if you get tired of that, you can

get rid of it whenever you want. You can expect to earn anything from 100 - 500 dollars per