Today we will discuss how to increase our earning without
disturbing our main job or profession. From the great economist every
individual can earn from the two ways:
1.
Active
income i.e. earning from the work where you are engaged. The main source of
your income. For example if any person is a teacher and meet his daily expenses
from his teaching profession, this profession is a way of Active income.
2.
Passive
income, it is a way of income which is built gradually and some time very
slowly. In this way one person can give his free time to perform his desire job
in between his active job i.e. without disturbing his main profession.
For example: if the teacher make some free time
for himself and devote these time to write a book on a subject, he is teaching
then the result will come out that after passing some years he write a complete
a book. In this case he can write a note when he teaching to students on the
same topics.
So, from the above discussion we notice
that just give a little more time he done another job.
When in future the teacher will not be able
at the old age to do his jobs at that time he could have earning more from this
way besides his retirement saving. But not only in the old age, just completing
book and publishing earning might be started.
The one and great drawback to generate
passive income Is that “do the work
consistently and keep patient until end the work”
Example
of passive Income Ways:
Now a day the following ways are popular
and become very well known for part time job or turn your passion in practical
life as well as make earning.
1.
Blogging:
If you have a good knowledge on a particular subject then you can write
on these subjects. For more information you can go to Blogspot.com which
absolutely free provided by Google.com
2.
YouTube
channel
3.
Make
Investment:
Many
people think that it is not a passive income, but it becomes after a long term of
accumulation of Fund. It is just power of compounding which make money on
money.
4.
Affiliated
marketing
5.
Part
time commission Agent:
Be
a Life insurance Agent, General insurance Agent which make money beside your
active work.
