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5 Passive Income Streams You Can Start in 2022
Warren Buffet once said,
If you don’t find a way to make money while you sleep, you will work until you die.
With 25 days left to the end of the year, now is the perfect time to start planning ways to make money while you sleep (AKA passive income) so you don’t keep working until that unescapable appointment with death.
Creating a new income stream usually takes at least 6 months of focus, commitment and dedication if you are starting from scratch but the good news is it is super duper possible if you’re serious about it.
I know there’s the general inclination to want things to happen fast and overnight, but truth is you have to be patient and trust the process. A tree does not grow overnight from the seed planted and so it is with creating a new passive income stream.
So, if you’re really serious and want to do this, then pick one of the suggestions laid out below, and strategize for the next few days.
Before we begin, it’s important that I clarify what passive income is and is not. Passive income simple means that you keep earning even when you’re not actively working. What passive income is not however, is getting paid without doing nothing.