How to make passive income

Nowadays, there are so many ways to make passive income. I have tried quite a few ways of making extra money here and there online, and I am forever researching new ways to generate more. Making money while sleeping is the dream, and the more passive the income, the sweeter it is. Also, if you have various streams of passive income, it allows you to have more time to invest in other streams of income that might require a lot more effort.

If you are wondering how to make more passive income online this year, you are reading the right blog. Here are a few ideas you could try.

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  • Blogging

Having a blog creates passive income from ads, affiliate programs, and sponsored posts (indirectly). As a blogger, you make money every time someone visits your blog, and old posts you have written years ago still make money for you. If you have a thing of writing and creating, then running a blog should be fun and easy for you. I started blogging in 2012 and I can see myself blogging forever. It is such a great way of generating passive income.

  • Get involved in Cryptocurrency

I am sure you would have heard all about Cryptocurrencies and how they work. Many people I know in real life are heavily involved in making a passive income from crypto. You can invest your money, whatever the currency, at the level of risk that suits you and you get paid interest. This is great for those who have a bit of money in the bank and want to make their money work hard for them.

  • Vlogging

If you prefer to be in front of a camera and you have something to teach or share, then Vlogging may be the right passive income generator for you. It takes quite a bit of work to get your YouTube Channel to the point where you make enough passive income but once you get to that sweet spot, the only way is up!

  • Sell Digital Products

Another way of making passive income online is to sell digital products. These products could be Kindle books, templates, printables, online courses, templates, and so on. Once you put in the work and get the digital product ready, it usually sells itself. You can also sell as many digital products as you can create. You don’t have to worry about physical space to store your products and the costs for production are usually low.

  • Real Estate Investing

This is one of the oldest ways of generating passive income and it still works great today. If you have enough money, you can invest in real estate and let the money work for you. It makes sense to get a property management company to deal with the running of the rental while you count your money. There are loads of building management services to check out for this service, so do some research. That way you have the time to chase other income streams.

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Do you make money online? Have you tried any of the ideas mentioned? How are you finding it all? Please sound off in the comments section below, let’s chat!

 

 

Blogging Tip: Take time off

Hey below bloggers! I have not written a blogging tip post in a bit. A lot of juggling has been going on behind the scenes for me, but I am working on a new blogging routine and it looks like I am settling into a new way of running Fashion and Style Police. So do expect regular blog posts from now on. The plan is to go back to blogging more often and so far my new blogging schedule is working really well.

This brings me to the theme of today’s post. I have been blogging for almost 9 years now, and it has been a learning journey all the way. I have gone from blogging a few times a week, to blogging everyday and back again. The learning experience is forever ongoing. Blogging is not something to learn and you stop learning. The big wide web keeps changing and so does your blog, which means forever twerking, learning and relearning things to keep your blog active.

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Picture taken on a snowy day ❄️

Blogging Tip: Take time off

One thing I have had to learn this past year is that it is ok to take time off. Like most things in life, taking time off is important to keep your ideas fresh and to stay healthy mentally and physically. Being self employed and relying heavily on my blog income made me struggle with taking time off. I must confess, I used to panic whenever I took a couple of days off, but I am pleased to say that is no longer the case.

Since the start of the pandemic, I take as many days off as required and I feel no panic or guilt. The irony of it all is that my views have increased massively even though I now blog less. The panic and fear were just the ego part of me trying to control everything which usually leads to less productivity.

Days off are important for any job especially when you are self employed and running your own business. You are your blog and you cannot afford to break down, and this is why taking time off is important.

The only blogging tip I have for you is to take a break every now and again, so you can come back ready buzzing with fresh ideas that create amazing blog posts. Also, remember to feel no guilt or fear when you do this. Your blog will be fine, your views will rise and your blog readers will understand. You are more than your blog. Stay safe.

What will become of fashion blogs

CoronaVirus has completely changed the world. The fashion industry is one of the main industries affected by COVID-19 pandemic. For now, gone are the days of fashion shows, and even shopping on the high street isn’t for everyone with the new rules and regulations. Plus, with the current state of the economy, going on a shopping spree is probably the last thing on many people’s minds. Shopping is now down to necessity rather than a luxury. Which makes me wonder what will become of fashion blogs in these uncertain times.

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The high street is disappearing.

Many high street giants are closing shops in many locations all over the world. Our local Dorothy Perkins recently announced they were closing down the store for good after 30 years of being in town. Debenhams, M&S, and many more have announced job cuts and store closures all over the UK. The current state of events makes me wonder what will become of fashion blogs. If stores are closing down and people are losing jobs, will showcasing new pieces/accessories make sense? What will happen to blogs and websites that only feature personal style posts?

The pandemic is definitely going to affect every content creator. Let’s face it; life has changed and adjustments have to be made. The UK is officially now in a recession. Many people are now more interested in content that would help them, rather than simply entertain them.

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Blog how you want!

At the end of the day, our blogs and social media platforms are our little corners on the internet. There is the freedom to create whatever and whenever you want as long as it is legal. I won’t share certain content on here because of what is going on in the world. My approach to blogging has changed over the years, and me having a lifestyle blog allows me to write about whatever I want to write about. I am thankful to have that creative freedom. If Fashion and Style Police stayed as a pure fashion blog like how it started, I would have been in a very bad situation now. I know some bloggers have had to sell their blogs which is sad. Luckily, I decided to go down the lifestyle blogging route within a few months of blogging.

What will become of fashion blogs?

I really don’t know. I stopped reading pure fashion blogs when I stopped blogging just fashion. Instagram seems to be the place for showcasing fashion and style, and I see more than enough on there. I wonder what will become of fashion blogs.

 

 

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