Have you ever been paid to sleep? Well how about being paid while you sleep. It is possible through something called a passive income. The main idea behind a passive or residual income is to generate income while you do nothing. A passive income does require some work to set up, but will make cash for you from then on. And generally it will need little to no maintenance from then on. Some do require more upkeep than others.
Here are a few ways to make an income while you dream.
Car Wash – Show me a car in America that hasn’t been washed yet by it’s owner, and I will show you a car that probably hasn’t been sold yet. Most of us love our cars, and part of that is keeping it polished. We tend to be proud of them, even if they are fifteen years old and what I call “Two Toned – the hard way” meaning that the fenders and hood are a different shade of blue than the rest of the car. And while we want our cars and trucks to be polished all the time. We seldom have the time or place to do it ourselves. So a car wash is an excellent source of passive income, especially in the summer.
Laundromat – Along the same lines as the car wash, but more of a necessity than a point of pride. We all have to have clean clothes to wear. And many people cannot afford to buy a washer and dryer for their homes. And a laundromat does not depend on the weather. People will have to have clean clothes year round. And a laundromat is usually nice and warm. You can even bolster your passive income with vending machines inside the laundromat, after all, people will get hungry and thirsty while sitting there waiting for their clothes to dry. Which brings me to my next example.
Vending Machines – Vending machines can be a wonderful way to earn passive income. But in order for this to truly be a passive income, you will need one trusted employee and of course several machines and contracts. This is not a large hurdle to overcome though. There are several companies out there that will gladly accept payments on quality vending machines, and try to help you find locations for them. Vending machines can increase your money exponentially, because the more you invest, the more you make, and the more you earn, the more you can invest.
While all of these are great ways to make income, they all have one common downfall. They all require a substantial investment of your income.
To alleviate this problem, we turn to the net. Online there are ways to earn money while investing little to none of your own. Ideally, You will want a system that is free, offers free live (as in real people) training and support, as well as free video training, while making a substantial passive income for you.
The importance of LIVE support cannot be overstated. Being able to actually talk to someone on the phone, without them charging you for it cannot be beat. If you need help, you don’t need an “owners manual,” you need a human.