Although he says he’s not an expert in the subject, he’s earned $3 million in the last six years by creating authoritative and helpful websites in areas as disparate as passing a green building exam
Yahoo Finance sat down with Michelle Phan, the most popular woman on YouTube. She also has a makeup line, a media company, a book deal, a beauty subscription service and a music label.
Being a stay-at-home mom or dad is a full-time job, but it doesn’t pay a full-time paycheck. This makes it difficult for some one-income families to earn enough money to pay for things they need, let alone grow their savings.
Passive income streams require an upfront investment and a lot of nurturing in the beginning. After some time and hard work these income streams start to build and are able to maintain themselves, bringing you consistent revenue without much effort on your part.