Passive Income: How I Make $35,000 A Month #Best Education Page #Online Earning

so in this video I'm gonna share some of

my passive income sources with you in

this video we're gonna break everything

down for you to talk about how we're

doing about a little bit over thirty

thousand dollars a month in primarily

passive income we'll talk about some of

the pros cons of it and how you can do

something similar if you're interested

into it if you're finding some ways to

make some money while you sleep right

because there's nothing better than

wiping your ass and you're sitting on

the toilet and you get a notification

that you just made some money from

something right or you wake up in the

morning and you made a hundred dollars

last night it's pretty fun but you know

this is not a video to sound conceited

this is just to show you guys like what

I've been doing so that maybe you can

take something from this video anything

at all and use it in your own sort of

way to make more money so that you can

pay off your bills you can do whatever

you want with it

retire early whatever it might be now

look I'm not selling anything you guys

probably know I don't sell anything on

this channel or on my primary youtube

channel I don't sell courses I don't

sell crap like all the money that I make

is on the back end from pretty much

everything that I do that's pretty much

my business model and it's gonna stay

like that so you guys can know and trust

me that I'm not trying to like push you

towards something or try to get you to

like buy my online course to show you

how to make money that's not what we do

here so if you're new here to the

channel make sure you subscribe for more

videos like this we really focus on

marketing on this channel but let's kind

of get into this in the mean potatoes of

what we wanted to discuss here and

really kind of five of my primary

sources five or six of my sources for

passive income or relatively passive

income now as you might know there's

really two ways that you can make

passive income and I think a lot of

people of misconceptions about this they

think that it's literally just free

money coming in from doing absolutely

nothing but the truth is passive income

to make it you need to put something up

front in order to make that and it could

be your time up front so some of the

sources that I have in this video are

passively making me money now because I

put in time I put in 10 100 a thousand

hours of work before and then now it's

making me money so it doesn't feel like

I'm working now it's passive now or

you're putting some other type of

resource upfront so in most cases this

would be money so you can have your

money work for you this is like

investments for example if you have

investments in the stock market that

would be a

potential passive income source now it

doesn't have to be just money it could

be something like your property you're

renting out your land and so you're

putting your land upfront so that people

are paying you rent from that right but

you have something some type of a

resource that you're putting up front to

then get an output of money that seems

to be passive that seems to be like

you're not working for it so just keep

that money as you go forward with with

this journey of trying to make more

money so that you can do whatever your

heart desires of pay your bills and

retire whatever it is right so one of

the first sources but I think relates to

a lot of people is actually just bank

account interest and this isn't like the

best thing to do but I know so many

people who are just parking their money

in like a 0.05 percent interest rate

bank account at like Bank of America or

like Wells Fargo or something and look

I'm not a financial adviser but if I

have any spare cash I'll put it in a

high-end receiving account and today the

higher interest savings accounts are

about like 1.8% earlier this year they

were roughly at about closer to 3% right

so high interesting these accounts they

kind of are hand in hand with with

inflation and the Fed is gonna either

slash rates or they gonna increase rates

and that's going to affect it but either

way just from this it averages to at

least over a hundred dollars a month

between one and two hundred dollars per

month depending on the rates and

depending on how much money I have in

different bank accounts but the point is

that this money helps pay for my food I

probably pay $50 a week my grocery bills

so the passive income from just having

my money and something that's generating

almost 2 percent per month pays for my

food which is nice and you could take

this on a smaller scale if you put you

know ten thousand dollars into a high

and for savings account then the annual

money that you would make from that ten

thousand dollars it's about a hundred

and seventy dollars or one hundred and

eighty dollars at like a one point eight

percent interest rate so it's not very

much but you know it pays your Netflix

bill it might pay your your your water

bill whatever it is now just by doing

that now that that's not like the best

thing to do and like I said earlier I'm

not a financial adviser but it's a start

it's a way to start to make a little bit

of money passively when you get that

notification that you just made a

hundred dollars it's kind of fun so

that's by making money work for you and

we'll talk about some other ones that I

do as well but let's talk about kind of

like where the big chunk of this comes

from some people are going to disagree

with it but I

view it as pretty passive I would say

80% passive and that's actually YouTube

income ad revenue from my primary

channel so I'll actually just pull this

up for you guys just because I have to

show you because I like I've done this

before in the past and like people

called out and they said like this this

can't be real that doesn't add up

but this is just what I do on my channel

so I'll show you guys I know it's kind

of taboo to talk about money I don't

want this to come off in the wrong way

but so this is my my YouTube studio

account right so this is October you can

see is probably like $21,000 maybe we

can go to I can't do this backwards but

we can look at some different months

here too so like let's look at like this

probably like the last 28 days and it's

about twenty thousand dollars or so from

just add revenue from my primary primary

YouTube channel now the reason why the

ad revenue on this is kind of high is

because I make very much informational

educational videos so you'll see like a

lot of people who make entertainment

videos maybe your favorite youtubers

like Casey nice tat or I don't know like

like Cody Co or something or like logan

paul i don't know but people who make

entertainment videos on youtube

generally their ad rates will be maybe

like three or four dollars per thousand

views mine and a lot of other people who

talk about informational stuff kind of

like the video that you're watching

right now the ad rates on it are very

very very high compared to these other

like entertainment based ones we get

fewer views but we get higher ad rates

and so it kind of balances out and so

that's why the ad rates are high you can

like look at other people who talk about

this and sort of like the financial

niche or the educational niche on

youtube and you'll find that the ad

rates are relatively high so about

$20,000 a little bit over that from ad

revenue I think December is gonna be

closer to like twenty-five or thirty

thousand dollars in ad revenue from this

channel or from my primary channel this

channel here makes like three hundred

and fifty dollars a month but it's it's

it is primarily passive people argue

with that and they say it's not passive

income because you put up time you're an

idiot

but the way that I view it is look

there's been some months like literally

I've taken off for three months off of

youtube twice and both of those times I

was still making money while

slept I was in the woods somewhere in

California I was in Yosemite for like a

couple weeks and I had no internet

connection and I got out of the woods

and I had made a few thousand dollars

and that was like a really cool

experience this is last year and that's

when I realized like this is truly it's

it's very much passive income now is it

going to last forever no and that's why

it's I would say 80% passive income 20%

of actual like physical work and so I'm

putting time upfront on that side and

you don't have to do this either you

know you can do blogs you can do a

number of other things but getting eyes

on you or on your your business it's

going to help with creating more income

so if I stop putting out videos today

and I don't put out a video ever again

right I would still continue to make

money next year the year after that

video after that but it would probably

slow down a lot so I if I stop today and

I'm making 20-some thousand dollars in

ad revenue then at this time next year

it might only be say three or four

thousand dollars in ad revenue and then

if you go another year of me still not

making videos I might be only making a

thousand dollars a month from ad revenue

and then over time $500 a month and then

by like 2025 I might be making a hundred

dollars a month from ad revenue but it's

still passive and it's still there

so that's why I do count as passive

income it will be so long as YouTube is

around some of my videos will be getting

at least some views at least like five

years a day to to continue to kind of

make money in the background now kind of

tied in with that and we'll talk about

some other ones to make your money work

for you but tied in with this channel

that we can't really ignore we have to

discuss he's actually just some

affiliate marketing that'll do four

different banks and brokerage firms and

even for Amazon that will do on my

primary Channel and on this channel as

well so what I mean by this is if you're

interested in affiliate marketing I have

a video that I'll put like a card for it

right up here somewhere but essentially

just marketing products for businesses

getting them leads getting people to

their doors so every time that somebody

signs up for a high in for savings

account right so CIT Bank I'll actually

leave the link for them down in the

description below if you're interested

because we did just talk about high

interest savings accounts but every time

that somebody signs up for that I will

get a commission in between $100 and

$125 for every time somebody opens a

bank account with them and so it's

essentially this partnership with this

Bank

where I bring people to their door and

they

give me money for bringing people to

their door but it's the online version

so when you click on the link below it

will track that I sent you there it's

it's essentially my custom link and so

I'll get money from that so I think it's

very important to make sure that you're

working with companies that you use or

you trust and you believe in and you can

work very well with I've seen people

kind of go off the rails and and work

with companies for affiliate marketing

that are just like not good companies

over all and I I don't get near those so

I only want to associate with companies

that are really good solid companies

that I really truly believe have a

bright future for themselves

so between CIT bank and one finance and

even Amazon affiliate marketing that

I'll do with them so I haven't checked

my Amazon account a while but it's

usually between 600 and maybe like 1200

or 1500 dollars a month in commissions

from bringing people to Amazon right so

every time you click on a link for

Amazon like if you go down below you'll

see like links for my camera my gear my

studio lights that I'm using if you

click on any of those links and you buy

something anything through Amazon in the

next 24 hours I will get a percentage of

the revenue from that sale so if you buy

this camera right here that I'm using

I'll get probably about $40 just for

getting you to Amazon bringing you to

Amazon so between all those it'll add up

to anywhere between I would say four and

ten thousand for nine thousand dollars a

month from the affiliate commissions

from those sometimes it's more sometimes

it's less it depends how much I talk

about them in my videos it's usually

pretty passive usually just put them in

the description of my videos and I don't

do a lot with that

now there's also some other things we

could talk about one of them being

dividend stocks and this is probably

like my first passive income source and

I would say generally between $0 because

some months I don't get any dividend

payouts and then other months I'll get

hundreds of dollars a few hundred

dollars in dividend payouts for a

particular month so the way that this

works is that if you're investing into a

stock let's take Cedar Fair which was my

first dock that I ever bought when I was

11 or it was it was 2009 so yeah I was

11 that could have been 12 I think I was

11 but I bought this one share of stock

and I had no idea what I was doing I got

really lucky

but you know like now it's worth like

$50 or $60 still not work that much but

essentially they'll give you a payout

for if you invest into this company so

it's called dividend I have a video on

this on my primary channel if you're

interested in doing investing and

getting into dividend stocks once again

I'm not a financial advisor but I'll

leave it like a card up here or like the

video should pop up somewhere along here

if you're interested in investing into

dividend stocks but this helps pay a few

hundred dollars a month sometimes just

in some extra cash payments because if

you own Cedar Fair stock and at the end

of the year or every quarter they will

give you like a few percent of the money

that you have invested with them kind of

owes like a thank you for investing in

them and making sure that you continue

to reap some rewards from that company

this works for a lot of companies like

Pepsi or General Electric or ppl a lot

of these like blue chip stocks that you

might see like these old companies a lot

of them pay out dividends anywhere

between 1% and close to 10% for some of

them so you know that that's certainly

something that does help pay the bills

as well you can reinvest those dividends

to kind of grow your investments over

time as well it's possibility but that's

something that you might possibly want

to explore obviously have to be aware

like there's always going to be risks

associated with investing just be

careful with that

but going deeper into this another

source that we can discuss is actually

kind of up and coming for myself and

that is with sponsored deals with

YouTube as well so you know we don't

think it's too in-depth on that but some

of those deals will be between two and

six thousand dollars for just mentioning

a company in a video you know sometimes

it'll be just like really quick other

times it'll be longer form like 45 to 60

seconds I don't do those very often

something I'm going to do more so in the

future just for like one video and

that's kind of shows like the power of

social media and and influence and how

that can really really you know do a lot

and and make a lot of money from

something that just sounds so like weird

like you just say hey by the way I use

this product and they end up giving you

like a stack of cash it's a weird idea

and the point I want to make here guys

is is that if you find yourself in a

position like this maybe you're already

making a lot of money

or you're dealing really well make sure

that you're saving this money and you're

investing this money and and you're

being smart about it because there's a

life cycle to everything and even with

my primary channel which has maybe like

340 thousand subscribers right now there

can be a time when nobody watches those

videos anymore nobody cares I'll put out

a video it'll just not do well or get

like a couple thousand views for you

know maybe like a million subscribers

and it'll start to go down right and

that business will die out eventually

and so there's a life cycle to

everything it's important to remember

that so that you're able to save invest

and prepare for the future with other

business ventures now I want you guys to

remember that that's something that I've

been doing but I've seen people who will

start a business they'll have some like

passive income

they'll make half a million dollars

maybe even a million dollars and they'll

spend all of it unlike a new Lamborghini

for half a million dollars and then

their business goes under they start to

slow down their revenue Falls and they

end up with nothing because they have to

sell the Lamborghini they have nothing

they have nothing to show for it after

this business venture so just remember

that guys that that's what I was just

doing make sure you're saving your money

really let's see there's a couple of

other sources as well but those are like

the primary ones that I can really bring

up a lot of it is related to YouTube I'm

working on starting up some sites here

so been funneling some money into them

but haven't really seen any revenue from

them because we haven't launched the

sites yet but that's something I'm very

very excited for as well but that's

essentially kind of like what's been

going on with me is kind of like a

personal video and it might not work for

you you might not want to do this you

might not want to make videos that's

okay

also remember that you don't have to put

your face on a video I have a lot of

friends who literally like outsource

everything they have somebody making

YouTube videos for them just kind of

like a like a whiteboard animation video

and they're pulling in like a hundred

thousand dollars a month and that's not

even a joke there are some YouTube

channels out there that are pulling in

millions millions from just outsourcing

all of their content and nobody even

knows who's behind it so I that's my

video thanks for watching thanks for

subscribing and I'll see everybody in

the next video

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