How to Create Income that Doesn’t Require Any Work

Most of us have a daytime job, we trade our hours of hard work for a wage and that’s usually the main source of our income. But wouldn’t it be nice if you could create a source of income without having to actually work? It isn’t easy but it certainly is doable, let’s look at some options.

Investment Income
A recurring theme on Mo2thinks.com is creating income from your investment portfolio. This could be in the form on interest, distributions, and dividends. By creating a solid investment portfolio you can expect to have continuous income without having to put much work into the portfolio itself. Obviously you have to monitor the portfolio and its performance as well as the stocks within the portfolio, but that definitely beats out having the commute and grind out 8-10 hour days (or more).

Be sure to read my article about “Creating the Ultimate Investment Portfolio.” This series of 3 articles will definitely give you a better insight about creating a investment portfolio that will help you reach you financial goals and provide an income that will supplement and possibly replace the income you have now, meaning you will be financial free.

Creating a Website for an Income
Initially a website is a lot of work and most websites never really go anywhere. It takes a lot of dedication and hard work for a website to really make any money. But once you get the ball rolling, a website can become a very good source of income. There are some on the Internet that make 6 digit annual incomes from their websites and they’re usually passively writing when they have that amount of money rolling in.

I hope to reach that level one-day, but in the meantime I have my work cut out for me. But more importantly, I actually enjoy writing and it’s a wonderful feeling to have readers come back time and time again to see what I have to say, so I can’t thank you enough for taking the time out of your day to come here and read what I am writing, it really means a lot to me.

Other Sources of Income
A great passive source income is Royalties. You have something and other people you to use that “something” over and over and you really don’t have to do anything more. The money just keeps rolling in. A good example of this is music. Imagine how much the Beatles have made over the years with “Yesterday” or “Eight Days a Week” being aired countless times over and over.

There are affiliate programs on the Internet where you can get commission for a lead or sale. These programs can also lead to generating a decent source of income if you have a good reader base. You can get a set dollar amount or a percentage of a sale and this can easily rack up as you have more and more people visit your website.

Mo2 Thinks
In life we all have different goals. But financial freedom is one of those goals that most of us probably have. Wouldn’t it be nice to be able to wake up in the morning and not have to worry about commuting to work, better yet not have to worry about paying bills? It’s possible if you keep working at it not in terms working hard hours at work but working at creating supplement and passive income sources.

If you can get to the point where those passive income sources can replace your current employment income and can maintain your current lifestyle, then you can quit working and do things that you really enjoy doing. It isn’t done easily but it definitely is worth it in the long run, just chip away at it slowly but surely and you will definitely be happy you did in the long run! Be sure to read my article about “Creating the Ultimate Investment Portfolio”! Thank you as always for reading my articles!