How do some people get to live the life of their dreams? They get to travel where they want and buy whatever they desire. Their lives seem impossible to obtain, especially if you are in the nine-to-five daily grind.
But I am here to tell you that you can remove yourself from the rat race and place yourself on a hammock on the beach. What’s the difference between their lives and yours? Passive income.
Passive income is money you earn all day—even while you sleep. Surely, this must be a dream? In reality, passive income is right at your fingertips; you need to know where to look.
Getting started with passive income. The best way to start living on passive income is with dividend investing. Once you download a brokerage app, like STASH or Cash App, you simply purchase a dividend-paying stock like AT&T (T).
AT&T will pay you a dividend every three months for being a shareholder. Your first dividend may be $2. Congratulations, that’s $2 that you didn’t have to earn on the daily grind.
Although passive income and dividend investing start slow, they can quickly accumulate into massive income streams with the power of compounding.
In my first month of dividend investing, I earned $0.25 in dividends. That was 4.5 years ago. Today, I earn about $1,600 per month in dividends. Is earning $1,600 per month in dividends life-changing? You bet it is!
More passive income where that came from. Dividend investing is just the tip of the iceberg for those seeking passive income.
Last month, I earned $260 in book royalties on Amazon. I also made $800 in rental income from my two properties. Indeed, you can find passive income everywhere—as long as you know where to look.
However, passive income isn’t about money—it’s about time. Every AT&T dividend gives you a chance to spend time away from work. This is time you can now spend with family and friends.
Most people don’t dream big enough to escape the rat race. Five years ago, I dreamed about spending time with my family on the white sand beaches of Pensacola, Florida.
My dream was so strong that it pushed me to get roommates, invest in dividends, trade options, and start writing books. What is your dream life? Who are you with, and what are you doing?
- The Biggest Book on Passive Income Ever! (Amazon)(Web Edition)(Art Edition)
- The Biggest Book on Passive Income Ever 2! (Amazon)(Web Edition)(Art Edition)
- The Biggest Book on Passive Income Ever 3! (Amazon)(Web Edition)(Art Edition)
The Biggest Book on Passive Income Ever! Each of my Biggest Books on Passive Income has over 300 chapters of financial goodness for you to absorb.
At times, the information may seem redundant, but that is by design. You see, you must consistently do the same things to achieve your goals.
That may be writing 1000 words daily or renting a room for three to four years. Actual passive income isn’t a get-rich-quick scheme; it’s a slow and steady grind towards your dream.
If you can read all 300+ chapters of this book, it will change your life. Inside is everything I have used to retire at age 42. Even in retirement, my net worth and passive income increase monthly.
I’d wager to guess that each month, I invest more money than those working full-time simply because I can use my passive income to purchase more passive income.
If you are ready for a change, you have come to the right place. I will teach you the slow but steady way to purchase your freedom from the rat race. I will show you the magic of passive income.
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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. All Right Reserved Military Family Investing
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