Maintaining and growing your income is a very popular topic as all human endeavours are geared towards the accumulation of wealth, maintaining this wealth and growing it.
but a lot of people go about it the wrong way making them victims of Ponzi schemes .
Whether you are living from paycheck to paycheck or you’ve got some savings, you are likely looking for ways you can improve your income.
If you are trying to grow your wealth, then passive income is your one stop at achieving that.You may be probably trying to figure out how you can maintain and grow your money. Experts have written a lot about this topic with various offers on how you can do it in a very short while but does it really work that way?
With a good understanding of what is expected of you, sure, you can earn passive income but if reverse is the case, you might hit a wall Especially when you are salary dependent.
It’s hard to invest when you are struggling financially. But what other options do you have? Thinking positive? Yeah, that’s important too but without the right energy knowledge and finance. It’s almost useless.
here are some options available for raising money or sourcing for funds.
1. Affiliate marketing
This is seen as the process of promoting other people’s products for commission. If you have a smart phone and an internet connection . You can of course just eaen passive income by promoting the products of others via your referral link when leads converts to sales. promote other people’s products with a commission as high as 75% when a purchase is made via your link.
One of the best affiliate marketing platform is the expertnaira program.
2. Driving Uber or Lyft
If you have a car or a driving experience, you can consider driving for Uber or Lyft. The best part? You get to work at your own time and while seeking for reviews as cuagomer as they tend to check the review of the driver before making
3. take surveys online.
Get paid to take surveys online on sites like swag bucks, survey junkie and inbox dollars. It doesn not guarantee you get rich but it’ll be nice to increase your income base .there are other survey sites that may promote your revenue based
Tips on how to maintain and grow your income
1. self development.
Self development consist of activities that develop a person’s capabilities and potentials,.building human cap88ital and a persons capabilities and potentials building human capital ancd enhance the quality of life and realization of dreams and potentials . In self development you develop your physical spiritual and mental health however the key component to self development is the growth of one’s personal self in order to reach self actualization and reach your fullest potentials.
2. try investment.
Investment is the quickest way to grow and maintain your wealth as it brings about returns overtime but don’t be deceived . An investment gone wrong is also the quickest way to liquidate .the goal of generating income refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.
3. learn to save.
Saving is the first step to achieving financial emancipation . It all starts with your financial plans. Your savings will help actualize those financial and investment plans. Savings represent money that is otherwise idle and not being put at risk with investment or spent on consumption. Savings accounts are very safe but tend to offer very low rates of return as a result.
4. social media marketing
Social media is exploding. Businesses around the world understand the importance of this medium. However, most don’t know how to take advantage of it. That’s where you come in. Of course, you do need to understand social media in order to charge clients to manage their social media accounts.The best part? It doesn’t take much effort to post on social media and draw iinterested consumers that are looking to purchase whatever product, service or information a company might be peddling. That’s where you come in. You can easily supplement your income almost immediately by doing this type of work for clients.
5. Use Fiverr to source gigs.
Want to join the gig economy? No matter what service it is that you can provide, it can likely be sold on Fiverr. This is a go-to resource for many digital personnel
6. Create tutorials on YouTube
Everyone knows that you can make an extraordinary amount of money with YouTube if you can reach that all-star status. For every million views you can expect to make anywhere from $4,000 to $8,000. If you can build up a sizable channel, you can earn a significant amount of money.The best part about this? YouTube videos offer passive income. And, if you create tutorials about popular topics, you can increase your income quickly. It might not happen overnight. But, it will happen