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People Share The Best Ways To Generate Passive Income

People Share The Best Ways To Generate Passive Income
Image by Tumisu from Pixabay

Money makes the world go round. And I need to spin until I'm ill. That's how much extra coin I need. I'm always on the look out to make a side hustle lucrative.

Many people have realized that most careers aren't supplying enough financially. So we all have to get creative.

It's expensive to live. And it's near financially impossible to live comfortably. Teachers drive Ubers. Writers work as waiters. Lawyers moonlight as mystery writers. Everybody has a hustle. The key is to find a side hustle that isn't going to be an extra burden.

The main job is always already hard enough.

Redditoru/Kenneth0233 wanted to hear some ideas about upping the amounts in our bank accounts, by asking:

Smart people of reddit, whats your best ideas for passive income?

I act. I write. I walk dogs. All so I don't have to work in hospitality. I like to do things I love and don't consume my life or decay my body. So I do a bunch of passive to avoid the massive. I'll take other ideas.

Soup For You!

soup GIFGiphy

"Soup tubes. People pay for a monthly subscription and soup gets delivered by tap to your home from a central soup hub."

- campfirebruh

Extra Space

"It's not completely passive, but it doesn't take much effort on my part. I have temp controlled storage for motorcycles and other valuables like that. It's seasonal to an extent, but October through May It does well. It's only a 30x40 shed, but I can fit 25 bikes in there easily. Any type of self storage is a good income. If you can specialize a bit, it gets better."

- 8pointfouroz

Translations...

"I'll give you a serious answer, that did me well. Goes for people learning or that know a second language. Find some public domain books, translate them. You now have rights over the translation. Get it into a library. Profit. Works really good if you're from an obscure part of the world undergoing political turmoil (Georgia, Armenia, Ex-Yugoslavia) that has been talked about in the media the past 30 years. University students will need primary sources, and there is a lack of supply."

- AjdeBrePicko

Listen to my Ideas...

"Buy my course and find out."

- dry_diarrhea

"My brother actually fell for that. A website advertising a way to make money with very little effort. The instruction could be bought for 10€. He actually bought it, got a mail and the instruction was: Make a website advertising a way to make money with little effort. Send people who buy it a mail with those exact instructions. Stupidity-ception."

- fkyoueralla

Paperwork

GIF by Kim's ConvenienceGiphy

"Put ads on your car. A friend has a large sticker on their passenger side door for a local business and they give him $100 a month to just have it there."

- fraxiiinus

I'm not passing out flyers and I hate people who do. Hate is strong. I loathe them. And if I could find something to teach I would. But I don't like students either.

Author! Author!

homer simpson GIFGiphy

"Write an ebook then sell it. I'm still earning coin from an ebook I wrote 4 years ago. Digital download means I don't lift a finger."

- Snoo-39259

Spend Smart

"Learn to manage your finances and avoid debt. Always be judicial with loyalty to any employer. Blind loyalty can bite you on the bite. If times get hard you are expendable. If you get a different offer of employment don't reject it out of current loyalties but do weigh your options. Put 15 percent of earnings into investments. An easily obtained 7% yearly average will double your input in 20 years. 40 years would be near 5 times the principle."

"More aggressive investments could be much higher. 12% is a reasonably attainable average and the same 40 year investment would be over 18 times the principle, $400 per month for 40 years at 12% will net you $3.5 mil on $200k investment. Don't underestimate the power of compound interest. When your money makes money is when true wealth happens."

- Birdapotamus

Residuals...

"Anything where you work once and get paid repeatedly. The first option that springs to mind is content creation. Books, courses, videos, whatever. You work your buns off for a period of time, but then once the work is done you can let it earn income while you're not actively working on it. Contrary to popular belief, it doesn't have to be some specialized expertise."

"The first book I bought about woodcarving was a self-published how-to and it was literally as base level basic as you can get. The bare fundamentals. Time and experience has taught me that the author likely learned just enough to teach the basics; his work was very rudimentary and crude, not at the level of even a person with a year of experience."

"He worked a lot once, and since he penned the book in 1999 (it was around that time anyways) he's gotten paid regularly for that one-time work. Ya work an hour at a coffee shop, that hour pays you once. You work that hour on a project like a book, video, course, that hour pays you several times over."

- 4AcidRayne

These Are The Worst Job Interviews Ever | George Takei’s Oh Myyy

Renters

"My neighbor in a big city bought a house that has a separate unit above. He just uses it for AirBnB. Because he's in a big city, it's constantly booked. He told me he makes $5K per month from it and is paying off the mortgage x3 per month based on that alone."

- LoQueUnaGuardia

Be Stable

Money Saving GIF by EmiratesNBDGiphy

"If you aren't maxing out your 401k/Roth IRA contributions already then don't get creative."

- basedlandchad14

Business First...

"Some of the ideas on here are not called passive income. They're called jobs. If you have a bunch of cash, the best vehicle for passive income is and will almost always be municipal bonds in the state where you live. Federal tax free, almost always state income tax free, and will net you a pretty good chunk of cash if you find the right bonds. Otherwise, drop a couple hundred into an index ETF that models the DJIA or Fortune 500 and wait a couple years."

"Other passive income ideas:"

"Buy a partnership in a business that is already managed. You can be a passive partner in the business, but there are some rules that apply to passive partners that don't apply to regular partners that can make this a headache, especially if the business losses money."

"Landlord: buy a house and rent it out. A bit of a crap shoot, since tenants can be either incredible or terrible, but unless you have excellent knowledge on real estate managing already, you're going to want to hire a real estate manager that can handle the calls, maintenance and repair, and other things."

- betterthanamaster

Dividends...

"Save a lot of money, invest wisely and live off the roughly 7% the stock market increases on average."

- EverGreatestxX

"Investing can be as simple as you make it. Some people just put their money into a S&P 500 index fund and call it day."

"The Standard & Poor's 500 Index, or simply S&P 500, is a market-capitalization-weighted index of 500 large-cap U.S. companies that make up 80% of U.S. equity by market cap. It is widely regarded as the best gauge of large-cap U.S. equities and often referred to as "the market" because it is comprised of stocks that span all market sectors. Some of the S&P 500's largest components include Microsoft Corp. (MSFT), Apple Inc. (AAPL), Amazon.com Inc. (AMZN), Alphabet Inc. (GOOGL), and Facebook Inc. (FB)."

- EverGreatestxX

Earnings

"Some ppl here don't understand the difference between an active and passive income, so Il explain. Active income refers to income received for performing a service, using your time and energy to work for money. Wages, tips, salaries, commissions are examples of active income. Passive income is referred as income you don't work for, you only need to set it up. Such as earnings from a rental property, limited partnership, or other enterprise in which a person is not actively involved."

- YOLO_mode4life

Mark Tilbury

"There was an explanation from Youtuber Mark Tilbury that passive income usually doesn't mean you can completely let go of that gig without any effort what so ever. A better mentality is to build something until you get to a point where you only need to put in a few hours of work a week, just to keep your audience base. This could be a youtube channel, website you own, or even a business you got successful enough to outsource the labour. Any successful market format may change over time and you want to keep what you created."

- froghero2

Start as a Favor

"Not exactly passive, but very low effort: house sit. I live in a decent area, near a good sized city with affluent suburbs. I get paid for basically hanging out, keeping an eye on the place, and taking care of a few pets, which to me is enjoyable, since I love animals and can't have them where I live. I always choose places that are convenient for me to get to and also to commute to my job."

"I house sat as a favor to a friend of a friend, and she gave me great references and recommended me to other people in her fairly affluent circle. I end up house sitting quite a lot at certain times of the year, and in really nice places. This might not be NO effort, but it sure as hell doesn't feel like work."

- saltygirltarot

Gigs...

"Go on fiver and set up a few gigs of a medium price, and then through another fiver account just outsource your jobs to people with that gig of a cheaper price. Video and audio editing is good for this. Make game assets or again, go on fiver and have game assets created and sell them on the unity3d marketplace and other places like that. Sprite sheets, 3d models, scripts, worlds your oyster."

"Any digital product is a good product because they require no physical space nor any manufacture past creation of the one file you upload to have downloaded, game assets are in high demand and good to get into, I'll start building passive income using this myself at some point."

- Alone_Abbreviations5

Get a License

Workshop Post It GIF by weSparkGiphy

"Patent trolling. Extreme fool move, but hey, if you manage to buy a patent for a ubiquitous technology, you can add a tiny licensing fee and you'll probably be set for life."

- LazySwashbuckler

The Harvest

"Long before the olive harvest, go around and sign contracts to rent all of the olive presses at the time of harvest. When the harvest comes, you can charge the olive growers whatever you want, because you control the machinery they need!"

- varro-reatinus

Those are some nifty ideas. I'm gonna make a list for a "just in case" life phase. Except banking stuff. I get lost with economics unless it's simple counting.

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People Reveal The Weirdest Thing About Themselves

Reddit user Isitjustmedownhere asked: 'Give an example; how weird are you really?'

Let's get one thing straight: no one is normal. We're all weird in our own ways, and that is actually normal.

Of course, that doesn't mean we don't all have that one strange trait or quirk that outweighs all the other weirdness we possess.

For me, it's the fact that I'm almost 30 years old, and I still have an imaginary friend. Her name is Sarah, she has red hair and green eyes, and I strongly believe that, since I lived in India when I created her and there were no actual people with red hair around, she was based on Daphne Blake from Scooby-Doo.

I also didn't know the name Sarah when I created her, so that came later. I know she's not really there, hence the term 'imaginary friend,' but she's kind of always been around. We all have conversations in our heads; mine are with Sarah. She keeps me on task and efficient.

My mom thinks I'm crazy that I still have an imaginary friend, and writing about her like this makes me think I may actually be crazy, but I don't mind. As I said, we're all weird, and we all have that one trait that outweighs all the other weirdness.

Redditors know this all too well and are eager to share their weird traits.

It all started when Redditor Isitjustmedownhere asked:

"Give an example; how weird are you really?"

Monsters Under My Bed

"My bed doesn't touch any wall."

"Edit: I guess i should clarify im not rich."

– Practical_Eye_3600

"Gosh the monsters can get you from any angle then."

– bikergirlr7

"At first I thought this was a flex on how big your bedroom is, but then I realized you're just a psycho 😁"

– zenOFiniquity8

Can You See Why?

"I bought one of those super-powerful fans to dry a basement carpet. Afterwards, I realized that it can point straight up and that it would be amazing to use on myself post-shower. Now I squeegee my body with my hands, step out of the shower and get blasted by a wide jet of room-temp air. I barely use my towel at all. Wife thinks I'm weird."

– KingBooRadley

Remember

"In 1990 when I was 8 years old and bored on a field trip, I saw a black Oldsmobile Cutlass driving down the street on a hot day to where you could see that mirage like distortion from the heat on the road. I took a “snapshot” by blinking my eyes and told myself “I wonder how long I can remember this image” ….well."

– AquamarineCheetah

"Even before smartphones, I always take "snapshots" by blinking my eyes hoping I'll remember every detail so I can draw it when I get home. Unfortunately, I may have taken so much snapshots that I can no longer remember every detail I want to draw."

"Makes me think my "memory is full.""

– Reasonable-Pirate902

Same, Same

"I have eaten the same lunch every day for the past 4 years and I'm not bored yet."

– OhhGoood

"How f**king big was this lunch when you started?"

– notmyrealnam3

Not Sure Who Was Weirder

"Had a line cook that worked for us for 6 months never said much. My sous chef once told him with no context, "Baw wit da baw daw bang daw bang diggy diggy." The guy smiled, left, and never came back."

– Frostygrunt

Imagination

"I pace around my house for hours listening to music imagining that I have done all the things I simply lack the brain capacity to do, or in some really bizarre scenarios, I can really get immersed in these imaginations sometimes I don't know if this is some form of schizophrenia or what."

– RandomSharinganUser

"I do the same exact thing, sometimes for hours. When I was young it would be a ridiculous amount of time and many years later it’s sort of trickled off into almost nothing (almost). It’s weird but I just thought it’s how my brain processes sh*t."

– Kolkeia

If Only

"Even as an adult I still think that if you are in a car that goes over a cliff; and right as you are about to hit the ground if you jump up you can avoid the damage and will land safely. I know I'm wrong. You shut up. I'm not crying."

– ShotCompetition2593

Pet Food

"As a kid I would snack on my dog's Milkbones."

– drummerskillit

"Haha, I have a clear memory of myself doing this as well. I was around 3 y/o. Needless to say no one was supervising me."

– Isitjustmedownhere

"When I was younger, one of my responsibilities was to feed the pet fish every day. Instead, I would hide under the futon in the spare bedroom and eat the fish food."

– -GateKeep-

My Favorite Subject

"I'm autistic and have always had a thing for insects. My neurotypical best friend and I used to hang out at this local bar to talk to girls, back in the late 90s. One time he claimed that my tendency to circle conversations back to insects was hurting my game. The next time we went to that bar (with a few other friends), he turned and said sternly "No talking about bugs. Or space, or statistics or other bullsh*t but mainly no bugs." I felt like he was losing his mind over nothing."

"It was summer, the bar had its windows open. Our group hit it off with a group of young ladies, We were all chatting and having a good time. I was talking to one of these girls, my buddy was behind her facing away from me talking to a few other people."

"A cloudless sulphur flies in and lands on little thing that holds coasters."

"Cue Jordan Peele sweating gif."

"The girl notices my tension, and asks if I am looking at the leaf. "Actually, that's a lepidoptera called..." I looked at the back of my friend's head, he wasn't looking, "I mean a butterfly..." I poked it and it spread its wings the girl says "oh that's a BUG?!" and I still remember my friend turning around slowly to look at me with chastisement. The ONE thing he told me not to do."

"I was 21, and was completely not aware that I already had a rep for being an oddball. It got worse from there."

– Phormicidae

*Teeth Chatter*

"I bite ice cream sometimes."

RedditbOiiiiiiiiii

"That's how I am with popsicles. My wife shudders every single time."

monobarreller

Never Speak Of This

"I put ice in my milk."

– GTFOakaFOD

"You should keep that kind of thing to yourself. Even when asked."

– We-R-Doomed

"There's some disturbing sh*t in this thread, but this one takes the cake."

– RatonaMuffin

More Than Super Hearing

"I can hear the television while it's on mute."

– Tira13e

"What does it say to you, child?"

– Mama_Skip

Yikes!

"I put mustard on my omelettes."

– Deleted User

"Oh."

– NotCrustOr-filling

Evened Up

"Whenever I say a word and feel like I used a half of my mouth more than the other half, I have to even it out by saying the word again using the other half of my mouth more. If I don't do it correctly, that can go on forever until I feel it's ok."

"I do it silently so I don't creep people out."

– LesPaltaX

"That sounds like a symptom of OCD (I have it myself). Some people with OCD feel like certain actions have to be balanced (like counting or making sure physical movements are even). You should find a therapist who specializes in OCD, because they can help you."

– MoonlightKayla

I totally have the same need for things to be balanced! Guess I'm weird and a little OCD!

Close up face of a woman in bed, staring into the camera
Photo by Jen Theodore

Experiencing death is a fascinating and frightening idea.

Who doesn't want to know what is waiting for us on the other side?

But so many of us want to know and then come back and live a little longer.

It would be so great to be sure there is something else.

But the whole dying part is not that great, so we'll have to rely on other people's accounts.

Redditor AlaskaStiletto wanted to hear from everyone who has returned to life, so they asked:

"Redditors who have 'died' and come back to life, what did you see?"

Sensations

Happy Good Vibes GIF by Major League SoccerGiphy

"My dad's heart stopped when he had a heart attack and he had to be brought back to life. He kept the paper copy of the heart monitor which shows he flatlined. He said he felt an overwhelming sensation of peace, like nothing he had felt before."

PeachesnPain

Recovery

"I had surgical complications in 2010 that caused a great deal of blood loss. As a result, I had extremely low blood pressure and could barely stay awake. I remember feeling like I was surrounded by loved ones who had passed. They were in a circle around me and I knew they were there to guide me onwards. I told them I was not ready to go because my kids needed me and I came back."

"My nurse later said she was afraid she’d find me dead every time she came into the room."

"It took months, and blood transfusions, but I recovered."

good_golly99

Take Me Back

"Overwhelming peace and happiness. A bright airy and floating feeling. I live a very stressful life. Imagine finding out the person you have had a crush on reveals they have the same feelings for you and then you win the lotto later that day - that was the feeling I had."

"I never feared death afterward and am relieved when I hear of people dying after suffering from an illness."

rayrayrayray

Free

The Light Minnie GIF by (G)I-DLEGiphy

"I had a heart surgery with near-death experience, for me at least (well the possibility that those effects are caused by morphine is also there) I just saw black and nothing else but it was warm and I had such inner peace, its weird as I sometimes still think about it and wish this feeling of being so light and free again."

TooReDTooHigh

This is why I hate surgery.

You just never know.

Shocked

Giphy

"More of a near-death experience. I was electrocuted. I felt like I was in a deep hole looking straight up in the sky. My life flashed before me. Felt sad for my family, but I had a deep sense of peace."

Admirable_Buyer6528

The SOB

"Nursing in the ICU, we’ve had people try to die on us many times during the years, some successfully. One guy stood out to me. His heart stopped. We called a code, are working on him, and suddenly he comes to. We hadn’t vented him yet, so he was able to talk, and he started screaming, 'Don’t let them take me, don’t let them take me, they are coming,' he was scared and yelling."

"Then he yelled a little more, as we tried to calm him down, he screamed, 'No, No,' and gestured towards the end of the bed, and died again. We didn’t get him back. It was seriously creepy. We called his son to tell him the news, and the son said basically, 'Good, he was an SOB.'”

1-cupcake-at-a-time

Colors

"My sister died and said it was extremely peaceful. She said it was very loud like a train station and lots of talking and she was stuck in this area that was like a curtain with lots of beautiful colors (colors that you don’t see in real life according to her) a man told her 'He was sorry, but she had to go back as it wasn’t her time.'"

Hannah_LL7

"I had a really similar experience except I was in an endless garden with flowers that were colors I had never seen before. It was quiet and peaceful and a woman in a dress looked at me, shook her head, and just said 'Not yet.' As I was coming back, it was extremely loud, like everyone in the world was trying to talk all at once. It was all very disorienting but it changed my perspective on life!"

huntokarrr

The Fog

"I was in a gray fog with a girl who looked a lot like a young version of my grandmother (who was still alive) but dressed like a pioneer in the 1800s she didn't say anything but kept pulling me towards an opening in the wall. I kept refusing to go because I was so tired."

"I finally got tired of her nagging and went and that's when I came to. I had bled out during a c-section and my heart could not beat without blood. They had to deliver the baby and sew up the bleeders. refill me with blood before they could restart my heart so, like, at least 12 minutes gone."

Fluffy-Hotel-5184

Through the Walls

"My spouse was dead for a couple of minutes one miserable night. She maintains that she saw nothing, but only heard people talking about her like through a wall. The only thing she remembers for absolute certain was begging an ER nurse that she didn't want to die."

"She's quite alive and well today."

Hot-Refrigerator6583

Well let's all be happy to be alive.

It seems to be all we have.

Man's waist line
Santhosh Vaithiyanathan/Unsplash

Trying to lose weight is a struggle understood by many people regardless of size.

The goal of reaching a healthy weight may seem unattainable, but with diet and exercise, it can pay off through persistence and discipline.

Seeing the pounds gradually drop off can also be a great motivator and incentivize people to stay the course.

Those who've achieved their respective weight goals shared their experiences when Redditor apprenti8455 asked:

"People who lost a lot of weight, what surprises you the most now?"

Redditors didn't see these coming.

Shiver Me Timbers

"I’m always cold now!"

– Telrom_1

"I had a coworker lose over 130 pounds five or six years ago. I’ve never seen him without a jacket on since."

– r7ndom

"140 lbs lost here starting just before COVID, I feel like that little old lady that's always cold, damn this top comment was on point lmao."

– mr_remy

Drawing Concern

"I lost 100 pounds over a year and a half but since I’m old(70’s) it seems few people comment on it because (I think) they think I’m wasting away from some terminal illness."

– dee-fondy

"Congrats on the weight loss! It’s honestly a real accomplishment 🙂"

"Working in oncology, I can never comment on someone’s weight loss unless I specifically know it was on purpose, regardless of their age. I think it kind of ruffles feathers at times, but like I don’t want to congratulate someone for having cancer or something. It’s a weird place to be in."

– LizardofDeath

Unleashing Insults

"I remember when I lost the first big chunk of weight (around 50 lbs) it was like it gave some people license to talk sh*t about the 'old' me. Old coworkers, friends, made a lot of not just negative, but harsh comments about what I used to look like. One person I met after the big loss saw a picture of me prior and said, 'Wow, we wouldn’t even be friends!'”

"It wasn’t extremely common, but I was a little alarmed by some of the attention. My weight has been up and down since then, but every time I gain a little it gets me a little down thinking about those things people said."

– alanamablamaspama

Not Everything Goes After Losing Weight

"The loose skin is a bit unexpected."

– KeltarCentauri

"I haven’t experienced it myself, but surgery to remove skin takes a long time to recover. Longer than bariatric surgery and usually isn’t covered by insurance unless you have both."

– KatMagic1977

"It definitely does take a long time to recover. My Dad dropped a little over 200 pounds a few years back and decided to go through with skin removal surgery to deal with the excess. His procedure was extensive, as in he had skin taken from just about every part of his body excluding his head, and he went through hell for weeks in recovery, and he was bedridden for a lot of it."

– Jaew96

These Redditors shared their pleasantly surprising experiences.

Shopping

"I can buy clothes in any store I want."

– WaySavvyD

"When I lost weight I was dying to go find cute, smaller clothes and I really struggled. As someone who had always been restricted to one or two stores that catered to plus-sized clothing, a full mall of shops with items in my size was daunting. Too many options and not enough knowledge of brands that were good vs cheap. I usually went home pretty frustrated."

– ganache98012

No More Symptoms

"Lost about 80 pounds in the past year and a half, biggest thing that I’ve noticed that I haven’t seen mentioned on here yet is my acid reflux and heartburn are basically gone. I used to be popping tums every couple hours and now they just sit in the medicine cabinet collecting dust."

– colleennicole93

Expanding Capabilities

"I'm all for not judging people by their appearance and I recognise that there are unhealthy, unachievable beauty standards, but one thing that is undeniable is that I can just do stuff now. Just stamina and flexibility alone are worth it, appearance is tertiary at best."

– Ramblonius

People Change Their Tune

"How much nicer people are to you."

"My feet weren't 'wide' they were 'fat.'"

– LiZZygsu

"Have to agree. Lost 220 lbs, people make eye contact and hold open doors and stuff"

"And on the foot thing, I also lost a full shoe size numerically and also wear regular width now 😅"

– awholedamngarden

It's gonna take some getting used to.

Bones Everywhere

"Having bones. Collarbones, wrist bones, knee bones, hip bones, ribs. I have so many bones sticking out everywhere and it’s weird as hell."

– Princess-Pancake-97

"I noticed the shadow of my ribs the other day and it threw me, there’s a whole skeleton in here."

– bekastrange

Knee Pillow

"Right?! And they’re so … pointy! Now I get why people sleep with pillows between their legs - the knee bones laying on top of each other (side sleeper here) is weird and jarring."

– snic2030

"I lost only 40 pounds within the last year or so. I’m struggling to relate to most of these comments as I feel like I just 'slimmed down' rather than dropped a ton. But wow, the pillow between the knees at night. YES! I can relate to this. I think a lot of my weight was in my thighs. I never needed to do this up until recently."

– Strongbad23

More Mobility

"I’ve lost 100 lbs since 2020. It’s a collection of little things that surprise me. For at least 10 years I couldn’t put on socks, or tie my shoes. I couldn’t bend over and pick something up. I couldn’t climb a ladder to fix something. Simple things like that I can do now that fascinate me."

"Edit: Some additional little things are sitting in a chair with arms, sitting in a booth in a restaurant, being able to shop in a normal store AND not needing to buy the biggest size there, being able to easily wipe my butt, and looking down and being able to see my penis."

– dma1965

People making significant changes, whether for mental or physical health, can surely find a newfound perspective on life.

But they can also discover different issues they never saw coming.

That being said, overcoming any challenge in life is laudable, especially if it leads to gaining confidence and ditching insecurities.