Making Money Work for you instead of you working for money.

[Botnake]

This is a concept often called "Work smart, not hard", this method can bring you financial freedom because you have a source of income that continues to flow to meet your needs without having to work. In addition to investing, you can also take advantage of increasingly sophisticated technological developments to build a business to earn passive income, but each step taken takes time and patience to reach the desired level.

More than having an active income, I think all we dream in the long run is to gain passive income. No need to work on it 24/7, but it will work on its own even without us monitoring, that’s the best advantage why everyone aim for a passive income. However, it doesn’t happen in an instant. We need to build it for years, with the support of our active income, and with a lot of hard work, patience and perseverance.

[Hanadawa]

The 21st century has provided us with avenues to easily generate passive income, yet many people do not take these opportunities seriously. One such method is definitely investing in content creation, as you have rightly mentioned. The great thing about content creation is that it allows you to earn from previous work. A video created over a year ago can blow up overnight. No matter the type of content, there are always groups of people who can relate to it.

In the 21st century inflation is getting higher. The price of property, gold and other assets is rising very high. Traditional jobs with minimum wages are increasingly unfit to meet daily needs. On the other hand, nowadays there are many accesses to earn income faster and more. And one of them is becoming a content creator. I think whoever you are, whether you are a factory worker, office worker or entrepreneur, it is important for you to learn to create something on social media. Currently, the ability to create content has become a must for anyone. If you are a laborer, maybe social media can make your life better. I often see a laborer or office worker who becomes a content creator. They create content from their daily lives. Their accounts continue to grow until they can make more money than what they get in their traditional jobs.

[Finestream]

Finding ways that makes money work for you is hard, finding money to do that is even harder. Just to give an example, I can buy a house, and rent it to others, that way I won't work and the rent would be income, my money made money for me, correct? How am I suppose to find money to buy a house though? That is just one example and everything else is similar.

If you do not have a capital, then you are not going to be able to do this, and if you have the capital, then you will do this anyways. This isn't about not knowing how to make money work for you, it is about not having enough capital for 90%+ of the world, because 90% of the world live either in poverty or paycheck to paycheck, without having enough savings.

Reality indeed. Many have claimed that those people who keep struggling on their finances are clearly those who do not know how to make their money work for them. However, the fact is not everyone is capable enough to provide sufficient amount of capital, and if ever they can, most of them have taken loans so they can provide the said amount. And once you consider taking a loan, it only adds to the risk involved.

So we can’t easily tell to everyone to let your money work for you instead of you working for money. While rich people are given vast opportunities, those poor ones could even find it hard looking even just a single opportunity available for them.

[reefsea]

This is a concept often called "Work smart, not hard", this method can bring you financial freedom because you have a source of income that continues to flow to meet your needs without having to work. In addition to investing, you can also take advantage of increasingly sophisticated technological developments to build a business to earn passive income, but each step taken takes time and patience to reach the desired level.

More than having an active income, I think all we dream in the long run is to gain passive income. No need to work on it 24/7, but it will work on its own even without us monitoring, that’s the best advantage why everyone aim for a passive income. However, it doesn’t happen in an instant. We need to build it for years, with the support of our active income, and with a lot of hard work, patience and perseverance.

Everyone wants that, but the problem is that it is not easy to make it happen, because we never know what we have to sacrifice while wanting to make it happen. Ups and downs are certain and it will take a long process.

The problem is whether we are strong enough to go through the process or not, that's what I think ultimately makes many people fail to do it. It's not impossible, but it will be harder than imagined. I always believe that smart work is more promising than hard work, but once again our mentality must be strong in going through the process that we will go through.

[rachael9385]

Starting small while we continue to learn what we do will be good for us because we can apply what we learn while we can analyze how good the way that we do. If you want to have passive income, you should search for that way and start from the small thing such as creating a business with you and your employee work or others.

It is no problem if you start with small money because most people doesn't want to make the first step to achieve their goals. By starting with one step, you will see the effect and you will learn what it needs to modify or fix so you will know what next you can do.

If you already knew Bitcoin, you can focus on that by accumulating more Bitcoin. You will see your profit investment will be bigger and that will be the time for you to take the profit. You can spread your funds to other things to have more passive income ways so you can have more earning.

Starting small is also applicable in Bitcoin investment, some people don't even think about starting up a Bitcoin investment because they think that they need to stack up money before they can start it up but that's just laziness and delay. Starting up with that capital you have and accumulating gradually just like you mentioned would be the best idea. Skyscrapers weren't built in a day, for you to establish something you must start from somewhere, good things takes time to achieve.

[justdimin]

This is a concept often called "Work smart, not hard", this method can bring you financial freedom because you have a source of income that continues to flow to meet your needs without having to work. In addition to investing, you can also take advantage of increasingly sophisticated technological developments to build a business to earn passive income, but each step taken takes time and patience to reach the desired level.

More than having an active income, I think all we dream in the long run is to gain passive income. No need to work on it 24/7, but it will work on its own even without us monitoring, that’s the best advantage why everyone aim for a passive income. However, it doesn’t happen in an instant. We need to build it for years, with the support of our active income, and with a lot of hard work, patience and perseverance.

Not everyone can achieve that in life. If we do a survey, asking people if they have a passive income source, we would know that the percentage of people who have passive income sources is tiny, and most people are actually working to get money in one way or another. There can be different reasons for that, some might not have the skills, some might lack the resources, and some might not be able to put in enough time because of not having resources and having to work so that they can take care of their families, because they live paycheck to paycheck.

I consider those who build passive income streams for themselves blessed if the income those streams are generating is enough for them to only chill and spend their life without having to work at all. I mean, the sources earning you passive income should be able to generate enough for you to cover every expense and also have some money left that you can save for the future. If you have a passive income source and still have to work, then it's not that useful.

[Free Market Capitalist]

Not everyone can achieve that in life. If we do a survey, asking people if they have a passive income source, we would know that the percentage of people who have passive income sources is tiny, and most people are actually working to get money in one way or another. There can be different reasons for that, some might not have the skills, some might lack the resources, and some might not be able to put in enough time because of not having resources and having to work so that they can take care of their families, because they live paycheck to paycheck.

Well, that depends because there are investments within everyone's reach that are quite passive and are not within what is usually considered passive income.

If you bought J&J shares 5 years ago you would have obtained dividends every quarter and that is considered passive income, but for it to be significant you would have to have invested a large amount. What happens is that in this time J&J has given you a 3% dividend and the stock has appreciated only 1%. Total 4%, which does not beat inflation.

Instead, you could have bought bitcoin and if you sold today you would have gotten a 1,000% return. This is not usually considered passive income because it has not been giving you an income during this time but it will be taxable income this year if you sell, and the only thing you have had to do in 5 years are a few clicks on two separate occasions.

It is clear to me which option is more worthwhile.

[Stablexcoin]

This is a concept often called "Work smart, not hard", this method can bring you financial freedom because you have a source of income that continues to flow to meet your needs without having to work. In addition to investing, you can also take advantage of increasingly sophisticated technological developments to build a business to earn passive income, but each step taken takes time and patience to reach the desired level.

More than having an active income, I think all we dream in the long run is to gain passive income. No need to work on it 24/7, but it will work on its own even without us monitoring, that’s the best advantage why everyone aim for a passive income. However, it doesn’t happen in an instant. We need to build it for years, with the support of our active income, and with a lot of hard work, patience and perseverance.

There are concepts not to overlook when trying to accumulate wealth, financial freedom doesn't come from direct paycheck with a high level of inflation as years passes it will be difficult for paychecks to remain valued for purchases compared to previous years. There are those who feed from hand to mouth without managing their income or raising a second source of income, maybe business, investment into Bitcoin or firms and companies, living with no backup is an offense in terms of getting financial freedom. 

[jaberwock]

There are concepts not to overlook when trying to accumulate wealth, financial freedom doesn't come from direct paycheck with a high level of inflation as years passes it will be difficult for paychecks to remain valued for purchases compared to previous years. There are those who feed from hand to mouth without managing their income or raising a second source of income, maybe business, investment into Bitcoin or firms and companies, living with no backup is an offense in terms of getting financial freedom. 

I know people who got promotion and can afford less. All because of inflation and that is why it is never easy to make money based on your work and you need to end up making money with money to get richer, otherwise just salary can't make you rich and can't get you anywhere in the world.

You could always end up with a small amount of money that will allow you to live a normal life but that is it, nothing more. If you can do a better job, then you could end up with much more and shouldn't be worried about it, and bitcoin is the perfect investment for that. This is why we are here, if we can save some money and put it in bitcoin and keep doing this for long enough time then we could get richer without having to work after a while, and just make money from bitcoin itself.

[ellie888]

To turn savings into a true revenue engine, start by growing your mailing list and audience, then monetize via low-effort channels like display ads. Google AdSense lets you set up ads in minutes and earn whenever readers click. For a step-by-step walkthrough on integrating and optimizing AdSense on your blog, check out this guide

[Republikcoin.com]

To turn savings into a true revenue engine, start by growing your mailing list and audience, then monetize via low-effort channels like display ads. Google AdSense lets you set up ads in minutes and earn whenever readers click

This is a very common practice and is already well-known by many people today. However, when it comes to generating income, it's still perfectly suitable for anyone, although there are other methods on different platforms that can also generate revenue if ads are already in place. Ad revenue only comes from visitors who click on the ads, but if they only visit without clicking on ads, I don't think the income will be significant. Therefore, most people are currently exploring other ways to increase their income so they don't focus solely on one.

[Accardo]

To turn savings into a true revenue engine, start by growing your mailing list and audience, then monetize via low-effort channels like display ads. Google AdSense lets you set up ads in minutes and earn whenever readers click

This is a very common practice and is already well-known by many people today. However, when it comes to generating income, it's still perfectly suitable for anyone, although there are other methods on different platforms that can also generate revenue if ads are already in place. Ad revenue only comes from visitors who click on the ads, but if they only visit without clicking on ads, I don't think the income will be significant. Therefore, most people are currently exploring other ways to increase their income so they don't focus solely on one.

Affiliate marketing is much closer to what you mean about the ads thing. Although in ad revenue it's then different in a way the creator only get a one time payment for reaching a certain number of audience. And would have to cook contents to be eligible next time, just like on X. Affiliate is just an opposite, the marketer gets a recurring income, and may never have to work again, if his affiliates accumulates to a sustainable amount.

[bubilas]

Very importantly………..
keep learning, it’s a mindset shift that happens gradually.

Correct thoughts. Many investors forget that each person is an asset in itself. If someone has invested all the money in assets and is lying on the couch and waiting for wealth, then this is wrong. Such an investor needs to use his skills to increase the inflow of money. We all live, eat and spend money on needs, and so that these needs do not reduce the deposit, you need to try to earn by using your skills. I have a lot of friends who made money work, but they themselves work to quickly achieve their goal in terms of a huge amount of money on deposit.
It is important to be hardworking and purposeful.

[Kelward]

This is a concept often called "Work smart, not hard", this method can bring you financial freedom because you have a source of income that continues to flow to meet your needs without having to work. In addition to investing, you can also take advantage of increasingly sophisticated technological developments to build a business to earn passive income, but each step taken takes time and patience to reach the desired level.

More than having an active income, I think all we dream in the long run is to gain passive income. No need to work on it 24/7, but it will work on its own even without us monitoring, that’s the best advantage why everyone aim for a passive income. However, it doesn’t happen in an instant. We need to build it for years, with the support of our active income, and with a lot of hard work, patience and perseverance.

Many people work for money and that is why they wake up early in the morning and work till night to earn money, they are afraid to stop because they won't get paid. A few people put in very little physical work and earn far much more than what the people that put in physical labor can ever get. A big difference between these two category is that the first mentioned work for money while money works for the latter, it shows people who money works for are smarter.

Some people who work for money it's not like they don't know how to work smart but they are in a circle of poverty, it takes money to invest and earn passive income. In many poor countries people barely earn enough to take care of their basic needs despite not depending only on one source of income. No matter how smart they are they won't have money to invest in any asset unless they manage to break out of poverty.

[slapper]

This is a concept often called "Work smart, not hard", this method can bring you financial freedom because you have a source of income that continues to flow to meet your needs without having to work. In addition to investing, you can also take advantage of increasingly sophisticated technological developments to build a business to earn passive income, but each step taken takes time and patience to reach the desired level.

More than having an active income, I think all we dream in the long run is to gain passive income. No need to work on it 24/7, but it will work on its own even without us monitoring, that’s the best advantage why everyone aim for a passive income. However, it doesn’t happen in an instant. We need to build it for years, with the support of our active income, and with a lot of hard work, patience and perseverance.

Many people work for money and that is why they wake up early in the morning and work till night to earn money, they are afraid to stop because they won't get paid. A few people put in very little physical work and earn far much more than what the people that put in physical labor can ever get. A big difference between these two category is that the first mentioned work for money while money works for the latter, it shows people who money works for are smarter.

Some people who work for money it's not like they don't know how to work smart but they are in a circle of poverty, it takes money to invest and earn passive income. In many poor countries people barely earn enough to take care of their basic needs despite not depending only on one source of income. No matter how smart they are they won't have money to invest in any asset unless they manage to break out of poverty.

Indeed, the rich become richer automatically. Capital compounds, wages do not. Everyone has heard it.  The question that is more interesting is why. Why is it treated as a sign of being "smarter", when the real lever is access, not IQ? It is a system where your starting point is 80% of your ending point. Try telling someone in Lagos or Dhaka or rural Arkansas to invest in index funds or buy real estate when their net worth is negative and the only thing compounding is stress

Is it worth arguing over the difference in mindset between these groups or is it rather structural and just based on birth lottery and weak institutions and global supply chains, which are structured to keep labor replaceable? You want to be free, but every "passive" stream is already owned, insured, and pre-leveraged. By solving this, you will not only be rich

[_BlackStar]

-snip-

In the 21st century inflation is getting higher. The price of property, gold and other assets is rising very high. Traditional jobs with minimum wages are increasingly unfit to meet daily needs. On the other hand, nowadays there are many accesses to earn income faster and more. And one of them is becoming a content creator. I think whoever you are, whether you are a factory worker, office worker or entrepreneur, it is important for you to learn to create something on social media. Currently, the ability to create content has become a must for anyone. If you are a laborer, maybe social media can make your life better. I often see a laborer or office worker who becomes a content creator. They create content from their daily lives. Their accounts continue to grow until they can make more money than what they get in their traditional jobs.

Becoming a content creator can certainly be a nice dan profitable option - some people might make it their primary source of income, but they're certainly already familiar with the world of content creation. Don't forget the time and effort involved - the hard work certainly pays off, but not everyone should try it.

In my opinion, there are many side hustles worth trying and some of them are equally profitable. The key is learning and mastering skills - not just editing, but a variety of other skills such as technical skills or market analysis, can also help someone thrive financially. Look at how world civilization continues and what continues to develop rapidly. The development of technology cannot be stopped and what we can benefit from it will be beneficial.

[alastantiger]

Some people who work for money it's not like they don't know how to work smart but they are in a circle of poverty, it takes money to invest and earn passive income. In many poor countries people barely earn enough to take care of their basic needs despite not depending only on one source of income. No matter how smart they are they won't have money to invest in any asset unless they manage to break out of poverty.

Investing isn't about taking all the money you have and putting them into an investment. There's no excuse to not investing although the economy has made things so hard on people and makes investing more difficult yet they're suppose to make out chances to invest and that's what separate them from the procrastinators that'll be looking for excuses all the time to not invest. We can't all be working for money forever, we have to start looking for ways in which our money will begin to work for us and look after us when we aren't younger. Investing is easy when you do it through accumulating but you first have to get the spare money to invest. You don't have to kill yourself but save from the little you're having and to set aside for investing in your future.

[Fortify]

Making money work for you instead of always working for money comes down to building a streams of income that don’t rely on your time alone. I think, it’s not about quitting your good paying job overnight, but is all about you using the money you earn to create assets that pay you back overtime.
The most practical way to start is by saving consistently and investing wisely, it could be in real estate, digital asset like bitcoin or even high yield savings accounts to start, the whole idea is just to get your money moving, not just moving but moving effectively.

But financial freedom in my own view, isn’t just about investing in traditional assets. You can as well build income generating systems, which include; an online store, a digital products or a content channel. It seems these will take your effort up-front, but they can generate income without you needing to be involved every hour of the day. Though, I’ve seen people starting e-commerce stores, affiliate marketing, freelancing by using platforms like Unified, Upwork, fiverr or freelancer which helps turn a business into something closer to passive income.

The mistake i see from a lot of people, is by chasing “Passive” income without building any foundation. You have to earn, save, invest, and then reinvest your gains. It’s not a joking matter, with time it will compounds to something huge.
The goal is to shift from being paid for your time to being paid from your assets or systems.

There’s no harm in starting small, start a little then use your income to buy things that appreciate or that generate cash flow, not just things that will cost you more like every month or a year.
Very importantly………..
keep learning, it’s a mindset shift that happens gradually.

Your last sentence is the most important - keep learning. You might think you know a lot about finances but chances are there are massive amounts of knowledge out there that could constantly be enriching you. When you decide to stop learning or become so ignorant that you think you've got everything you need is the day that your life will get really boring. Companies are an infinite and adapting chasm that can make you very rich as long as you buy in at the right trajectory and for an acceptable price - if you do this it can make you 10x your money or more in a relatively short period of time. If you go by Warren Buffetts advice, he says you only need to make a few wise choices on stock investing in life to become phenomenally rich, so be patient and research your choices.

[BitBakerr1]

Making money work for you instead of always working for money comes down to building a streams of income that don’t rely on your time alone. I think, it’s not about quitting your good paying job overnight, but is all about you using the money you earn to create assets that pay you back overtime.

You are very correct and I like the approach to this, the reason why some set of people that were very wealthy are not wealthy anymore is because they refuse to let their money work for them they keep working for their money, I have a friend he was once working with a very big company and he was paid very well he use his money to invest in a lot of things especially the oil sector and today is making huge sum of money from those investment he made, he's not working he only invested on those things and they are people working for him now and making those money for him and that is the right thing to do which ever work you are doing try to save up and use the money to invest in something that will be bringing money to you if you rely only on the job you are doing what if they retire you one day or you get sacked what will your life turn into.
Please invest with your money in other to secure your future.
The whole essence of you working for someone is to save up and start your own business or invest on something that will give you good return in the future. That is why you see people investing on Bitcoin.

[Alpen]

Anyone who has studied Warren Buffett, who was the richest person in the world for a long time - still very high up the rankings, will know this has been his realization and mindset throughout his long career investing. One of the other things that he preaches is having no debt, the only debt he considered to be worthwhile was very low rate mortgages - because house prices go up and everyone also needs a home to live in. For inexperienced investors the correct path is to choose a diversified index fund - say one targeting the top 5000 biggest companies in the world. You must also adjust your mindset, you need to invest consistently over a long time period (not just a one off) and embrace the inevitable stock market dips as a positive instead of a negative.

Warren Buffett made 99% of his wealth after turning 50, even though he started investing at 26. Not saying he’s not a legend — but using him as a model for young or new investors can be a bit misleading in this context. Just something to keep in mind.