{"id":18310,"date":"2022-07-03T17:00:43","date_gmt":"2022-07-03T17:00:43","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=18310"},"modified":"2022-07-06T21:59:00","modified_gmt":"2022-07-06T21:59:00","slug":"easy-and-effective-ways-to-generate-passive-income-each-month","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/","title":{"rendered":"Easy and Effective Ways to Generate Passive Income Each Month"},"content":{"rendered":"

With cost of living where it\u2019s at in the U.S., it\u2019s only natural that many of us would be searching for additional sources of income. As rents and home prices skyrocket across the country, wages have remained relatively stagnant, thus facilitating the need for people to seek out multiple jobs. Not only can working oneself ragged just to make ends meet prove tremendously stressful, it can also take a considerable toll on physical and mental health. Fortunately, not all jobs have to prove draining on your time and energy. So, if passive income is what you\u2019re after, the following options may be right up your alley.<\/span><\/span><\/p>\n

\"Easy<\/p>\n

Create a Monetized YouTube Channel<\/h2>\n

As many people trying to generate income with video content can attest, monetizing a YouTube channel is often easier said than done. After all, in addition to creating engaging content, you need to hope that enough audience members are able to find and connect with that content. Furthermore, under the site\u2019s current rules<\/u><\/span><\/a>, an account must have a minimum of 4,000 watch hours over the last and 1,000 subscribers to qualify for monetization.<\/p>\n

While this is liable to seem like a daunting task to people with no experience in content creation, those of us who genuinely enjoy producing entertaining content may relish this challenge. After all, if creating videos is a way for you to unwind and unleash your creative energy, it\u2019s unlikely to seem like work. So, whether your passion is video essays, vlogs or web series, engaging in your creative hobby of choice stands to generate passive income each month.<\/p>\n

Publish Your Own Books<\/h2>\n

Although self-published books have been unfairly derided for decades, recent years have seen self-published works enjoy a tremendous growth in popularity. One of the key reasons for this is how easy self-publishing<\/u><\/span><\/a> has become. Before the age of the Internet, self-publishing required a fair amount of grunt work and, in some cases, a large financial commitment on the part of authors. By contrast, modern authors need only upload their respective works to their self-publishing platforms of choice and wait for them to connect with audiences.<\/p>\n

Furthermore, popular sites like Amazon have made selling both physical and digital versions of self-published works easier than ever. So, if you have a passion for the written word but have never been able to catch the interest of literary agents and\/or large publishers, there\u2019s no longer anything holding you back from sharing your stories with the world. As an added bonus, without literary agents and publishers in the mix, authors are able to enjoy a larger cut of the profits from their work.<\/p>\n

That being the case, it\u2019s hardly surprising that so many independent authors have been able to turn their love of writing into a full-time career \u2013 and a consistent source of passive income. For example, if you\u2019ve penned multiple books and each of them are purchased on a daily basis, you\u2019ll essentially have multiple passive income streams.<\/p>\n

Purchase a Rental Property<\/h2>\n

A good rental property can act as a convenient source of passive income, especially if it\u2019s located in an area with high demand for housing. While there\u2019s no denying that investing in a rental property can be expensive, the profits the right property stands to generate can more than make up for any short-term financial sacrifices on your part. So, when considering ways to earn passive vs earned income<\/u><\/span><\/a>, don\u2019t discount how much capital smart rental property investments can generate.<\/p>\n

If you\u2019re interested in rental property investments, start researching areas with considerable growth, high median income and low crime rates. Next, start seeking out good investment opportunities in those areas. Additionally, before proceeding to invest in a property, make sure to have it professionally inspected. A thorough inspection can place you in a stronger position at the bargaining table and potentially prevent you from investing in a money pit.<\/p>\n

In recent years, it\u2019s become increasingly difficult for many of us to get by with just one job. Even if you\u2019re fortunate enough to have gainful full-time employment, rising cost of living and stagnating wages may leave you with no choice but to seek out additional forms of income. Luckily, bringing in extra money each month doesn\u2019t have to be a drain on your leisure time or stamina.<\/p>\n","protected":false},"excerpt":{"rendered":"

With cost of living where it\u2019s at in the U.S., it\u2019s only natural that many of us would be searching for additional sources of income. As rents and home prices skyrocket across the country, wages have remained relatively stagnant, thus facilitating the need for people to seek out multiple jobs. Not only can working oneself […]<\/p>\n","protected":false},"author":7,"featured_media":20998,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[3585],"tags":[9581,21907,21908],"acf":[],"yoast_head":"\nEasy and Effective Ways to Generate Passive Income Each Month - OpenBusinessCouncil Directory<\/title>\n<meta name=\"description\" content=\"With cost of living where it\u2019s at in the U.S., it\u2019s only natural that many of us would be searching for additional sources of income. As rents and home prices skyrocket across the country, wages have remained relatively stagnant, thus facilitating the need for people to seek out multiple jobs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Easy and Effective Ways to Generate Passive Income Each Month\" \/>\n<meta property=\"og:description\" content=\"With cost of living where it\u2019s at in the U.S., it\u2019s only natural that many of us would be searching for additional sources of income. As rents and home prices skyrocket across the country, wages have remained relatively stagnant, thus facilitating the need for people to seek out multiple jobs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/\" \/>\n<meta property=\"og:site_name\" content=\"OpenBusinessCouncil Directory\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-03T17:00:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-06T21:59:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2022\/01\/Easy-and-Effective-Ways-to-Generate-Passive-Income-Each-Month.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1050\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hernaldo Turrillo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hernaldo Turrillo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/\"},\"author\":{\"name\":\"Hernaldo Turrillo\",\"@id\":\"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23\"},\"headline\":\"Easy and Effective Ways to Generate Passive Income Each Month\",\"datePublished\":\"2022-07-03T17:00:43+00:00\",\"dateModified\":\"2022-07-06T21:59:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/\"},\"wordCount\":739,\"publisher\":{\"@id\":\"https:\/\/www.footballthink.com\/#organization\"},\"keywords\":[\"Money\",\"Passive Income\",\"youtube channel\"],\"articleSection\":[\"Business Resources\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/\",\"url\":\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/\",\"name\":\"Easy and Effective Ways to Generate Passive Income Each Month - OpenBusinessCouncil Directory\",\"isPartOf\":{\"@id\":\"https:\/\/www.footballthink.com\/#website\"},\"datePublished\":\"2022-07-03T17:00:43+00:00\",\"dateModified\":\"2022-07-06T21:59:00+00:00\",\"description\":\"With cost of living where it\u2019s at in the U.S., it\u2019s only natural that many of us would be searching for additional sources of income. As rents and home prices skyrocket across the country, wages have remained relatively stagnant, thus facilitating the need for people to seek out multiple jobs.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.footballthink.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Easy and Effective Ways to Generate Passive Income Each Month\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.footballthink.com\/#website\",\"url\":\"https:\/\/www.footballthink.com\/\",\"name\":\"OpenBusinessCouncil Directory\",\"description\":\"Openbusinesscouncil\",\"publisher\":{\"@id\":\"https:\/\/www.footballthink.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.footballthink.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Organization\",\"Place\"],\"@id\":\"https:\/\/www.footballthink.com\/#organization\",\"name\":\"openbusinesscounsil\",\"url\":\"https:\/\/www.footballthink.com\/\",\"sameAs\":[],\"logo\":{\"@id\":\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#local-main-organization-logo\"},\"image\":{\"@id\":\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#local-main-organization-logo\"},\"openingHoursSpecification\":[{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Monday\",\"Tuesday\",\"Wednesday\",\"Thursday\",\"Friday\",\"Saturday\",\"Sunday\"],\"opens\":\"09:00\",\"closes\":\"17:00\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23\",\"name\":\"Hernaldo Turrillo\",\"description\":\"Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.\",\"url\":\"https:\/\/www.footballthink.com\/author\/hturrillo\/\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#local-main-organization-logo\",\"url\":\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png\",\"contentUrl\":\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png\",\"width\":1161,\"height\":250,\"caption\":\"openbusinesscounsil\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Easy and Effective Ways to Generate Passive Income Each Month - OpenBusinessCouncil Directory","description":"With cost of living where it\u2019s at in the U.S., it\u2019s only natural that many of us would be searching for additional sources of income. As rents and home prices skyrocket across the country, wages have remained relatively stagnant, thus facilitating the need for people to seek out multiple jobs.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/","og_locale":"en_US","og_type":"article","og_title":"Easy and Effective Ways to Generate Passive Income Each Month","og_description":"With cost of living where it\u2019s at in the U.S., it\u2019s only natural that many of us would be searching for additional sources of income. As rents and home prices skyrocket across the country, wages have remained relatively stagnant, thus facilitating the need for people to seek out multiple jobs.","og_url":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/","og_site_name":"OpenBusinessCouncil Directory","article_published_time":"2022-07-03T17:00:43+00:00","article_modified_time":"2022-07-06T21:59:00+00:00","og_image":[{"width":1050,"height":700,"url":"https:\/\/www.footballthink.com\/wp-content\/uploads\/2022\/01\/Easy-and-Effective-Ways-to-Generate-Passive-Income-Each-Month.jpg","type":"image\/jpeg"}],"author":"Hernaldo Turrillo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Hernaldo Turrillo","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#article","isPartOf":{"@id":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/"},"author":{"name":"Hernaldo Turrillo","@id":"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23"},"headline":"Easy and Effective Ways to Generate Passive Income Each Month","datePublished":"2022-07-03T17:00:43+00:00","dateModified":"2022-07-06T21:59:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/"},"wordCount":739,"publisher":{"@id":"https:\/\/www.footballthink.com\/#organization"},"keywords":["Money","Passive Income","youtube channel"],"articleSection":["Business Resources"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/","url":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/","name":"Easy and Effective Ways to Generate Passive Income Each Month - OpenBusinessCouncil Directory","isPartOf":{"@id":"https:\/\/www.footballthink.com\/#website"},"datePublished":"2022-07-03T17:00:43+00:00","dateModified":"2022-07-06T21:59:00+00:00","description":"With cost of living where it\u2019s at in the U.S., it\u2019s only natural that many of us would be searching for additional sources of income. As rents and home prices skyrocket across the country, wages have remained relatively stagnant, thus facilitating the need for people to seek out multiple jobs.","breadcrumb":{"@id":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.footballthink.com\/"},{"@type":"ListItem","position":2,"name":"Easy and Effective Ways to Generate Passive Income Each Month"}]},{"@type":"WebSite","@id":"https:\/\/www.footballthink.com\/#website","url":"https:\/\/www.footballthink.com\/","name":"OpenBusinessCouncil Directory","description":"Openbusinesscouncil","publisher":{"@id":"https:\/\/www.footballthink.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.footballthink.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":["Organization","Place"],"@id":"https:\/\/www.footballthink.com\/#organization","name":"openbusinesscounsil","url":"https:\/\/www.footballthink.com\/","sameAs":[],"logo":{"@id":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#local-main-organization-logo"},"image":{"@id":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#local-main-organization-logo"},"openingHoursSpecification":[{"@type":"OpeningHoursSpecification","dayOfWeek":["Monday","Tuesday","Wednesday","Thursday","Friday","Saturday","Sunday"],"opens":"09:00","closes":"17:00"}]},{"@type":"Person","@id":"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23","name":"Hernaldo Turrillo","description":"Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.","url":"https:\/\/www.footballthink.com\/author\/hturrillo\/"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.footballthink.com\/easy-and-effective-ways-to-generate-passive-income-each-month\/#local-main-organization-logo","url":"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png","contentUrl":"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png","width":1161,"height":250,"caption":"openbusinesscounsil"}]}},"_links":{"self":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts\/18310"}],"collection":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/comments?post=18310"}],"version-history":[{"count":6,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts\/18310\/revisions"}],"predecessor-version":[{"id":21000,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts\/18310\/revisions\/21000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/media\/20998"}],"wp:attachment":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/media?parent=18310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/categories?post=18310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/tags?post=18310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}