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Earn an extra 1000$ each month with these passive income side hustles
Diversify your income streams, and earn money as you sleep.
One of my main take-aways from four years as a freelancer is something you have probably heard a hundred times from your Grandma:
Don’t put all your eggs in one basket.
When you rely on one source of income, you are more vulnerable to the whims of your client, you feel less confident and assured to negotiate your rates, and you may feel like your work is more boring and repetitive than if you have a variety of focuses.
That being said, you may not have a lot of time to devote to activities outside of your main gig. That’s why passive income streams are a great side hustle. They involve a big investment at the beginning, but then the money trickles in on its own, without having to do anything on a daily basis. You may need occasional revisions and maintenance work, but this can fit into your schedule as needed, making it very compatible with the sort of work that comes with a lot of deadlines.
When you have a less busy period, you can set these systems in motion that will continue to earn even when you no longer have time to work on them.