Are you looking to make a quick buck online? Do you need cash now?
Want to try out this whole "passive income" craze, but want to see quick results with no initial investment?
Fast Passive Income : The Truth
The truth of the matter is, passive income is not quick nor is it easy to start.
But, the other truth is that this residual income is amazing becuase you will continue receiving compenstion for your work years into the future- and maybe longer!
That is the beauty of residual or passive income. You put in the hard work at the front end, for no initial profit, only to be rewarded for years to come.
For example: 3 or 4 years ago, I spent 10 or so hours building a store on Zazzle, with some shirts aimed at a niche that I work in. I gave up, and stopped working on it after that initial 10 hours when I didn't make any money.
Needless to say, since that point, my Zazzle store has made me over $300, which works out to be $30 per hour. This is more than I make at my day job as a technician and will only grow as time goes on. In fact, I expect to earn at least $100 this holiday season as I do most other years.
Did the income come in immediately? NO!!!!!
Was it worth it to create this Zazzle store? Yes!!!!
Fast Online Income : The Other Truth
So we've figured out that you can't create passive income that has a fast payout- it just isn't possible to have significant, bill-paying money in your bank account next week from work you did today that is designed to be passive.
However, since I crushed your spirit at the start of the post, I want to end it by giving you some hope. You can make fast money online, and it is totally possible to pay your bills by working online. Here are 5 ways you can make quick money online:
- Freelance Writing: If you can write on Infobarrel, you can write as a freelancer. Check out sites such as Odesk and Elance for more information.
- Online Surveys: Companies want your opinion, and while it's not the most glamorous thing ever, sites like Opinion Outpost can pay up to $10/hr for survey completion, depending on how fast you are.
- Amazon's Mechanical Turk: On this website, you can complete menial tasks such as proofreading to earn a couple bucks and hour.
- Fiverr: Can you sing and dance? Do basic photoshop graphics? Then you've got what it takes to make money on Fiverr!
- Sell Stuff You Don't Use: Use Craigslist and Ebay to sell stuff you don't use in order to make quick cash!