9 Passive Income Ideas: How I Make $8,000/Mo WITHOUT Working in 2023

แชร์
ฝัง
  • เผยแพร่เมื่อ 20 ธ.ค. 2024

ความคิดเห็น •

  • @LYFEAccounting
    @LYFEAccounting  2 ปีที่แล้ว +15

    Thanks for watching! If you want more business content from me, check out my personal channel starting with this video on "Passive Income Business Ideas" th-cam.com/video/r2u7VKeff_s/w-d-xo.html

  • @brooklyn560
    @brooklyn560 2 ปีที่แล้ว +14

    Was friends with Shawn in High School. I am so happy he and Keran are thriving together out here. Wish y’all the best

  • @Art_Van_Delay
    @Art_Van_Delay 2 ปีที่แล้ว +9

    Skip to 6:50 if you want to save time. You're welcome.

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว +6

      All timestamps are always in my descriptions as well!

  • @princefavio
    @princefavio 2 ปีที่แล้ว +17

    I heard you when you said Mailbox Money. Shout out to Nipsey may he continue to Rest In Peace. You puttin us up on much needed game ! Great video bruh.

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว +4

      💯💯 I picked that up from him! Thanks bro

  • @syebethel
    @syebethel ปีที่แล้ว +9

    I appreciate your sharing this! I understand your feelings of vulnerability, but know it's helping entrepreneurial introverts like me 🙈

  • @amandacnfb
    @amandacnfb 2 ปีที่แล้ว +9

    Thanks for being open and honest about things! love the video

  • @shawnjester9439
    @shawnjester9439 2 ปีที่แล้ว +5

    Please make a video on passive income by breaking it down into how it's taxed and written off.
    Thanks Shawn Jester

  • @tigerboyz2505
    @tigerboyz2505 2 ปีที่แล้ว +2

    @5:14 the video and audio are out of sync. looks and sounds like the audio continues but the video restarts

  • @FrankiSoto
    @FrankiSoto ปีที่แล้ว +2

    I have the same motivation technique. I do it with my portfolios. Great content. I greatly appreciate your channel.

  • @LoveJoyPeacePower
    @LoveJoyPeacePower 2 ปีที่แล้ว +4

    Yes please, detailed video on how passive income is taxed

  • @angelocarantino4803
    @angelocarantino4803 2 ปีที่แล้ว +4

    I'd love to see that video on how Passive income is taxed. It sounds fascinating c:

  • @raquelguerra1289
    @raquelguerra1289 4 หลายเดือนก่อน

    Thanks Sean, yes please explain more about taxes in Pasive income. I am watching all the videos, excellent source of information.

  • @lseh4720
    @lseh4720 8 หลายเดือนก่อน

    I wish I had seen something like this when I was in high school. Now 40 years later, I’m appreciating your contact even though I know the stuff already. I just like watching you keep up the good work.

  • @michelinecaldwell8487
    @michelinecaldwell8487 2 ปีที่แล้ว +5

    Great information glad I'm a sub, I'm already in an etf, would like to expand on REITs one day, I can start a high yield acct, I like the digital products.thx for the info very needed.

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว

      Glad you enjoyed it, Micheline! I love Fundrise REITs, super easy.

  • @ak-loz
    @ak-loz 2 ปีที่แล้ว +1

    I can't handle this right now.
    I'm a bit overwhelmed.
    I want to get started.

  • @online82witness
    @online82witness 2 ปีที่แล้ว +4

    Thank you! 🙏😌

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว +2

      Thanks for watching, Angel 💯

  • @marionwright2773
    @marionwright2773 2 ปีที่แล้ว +7

    This was a great video. I like that you were candid about the barriers to entry and/or certain challenges to particular ideas. So you came across as, not only knowledgeable, but super authentic and trustworthy. Keep creating!

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว +1

      I really appreciate the comment, Marion! As I said, I felt very vulnerable making this video, but I felt like it was a good message to put out. Glad you liked it

  • @JP-wn4jn
    @JP-wn4jn 2 ปีที่แล้ว +2

    Yes make a video series on passive income taxes

  • @boondocks211
    @boondocks211 ปีที่แล้ว

    Found your channel yesterday. I had to subscribe.. luv the content

  • @PastorJulian
    @PastorJulian 2 ปีที่แล้ว +3

    Great info, especially the last one

  • @ML-dq2hq
    @ML-dq2hq 2 ปีที่แล้ว +4

    This was great! Thank you!

  • @debrabailey1747
    @debrabailey1747 2 ปีที่แล้ว +2

    Thanks for information

  • @555sunnyboy
    @555sunnyboy 2 ปีที่แล้ว +2

    Outstanding video!

  • @Jayandnat
    @Jayandnat 2 ปีที่แล้ว

    yes to how passive income is taxed! we need it!!

  • @JaeAR20
    @JaeAR20 2 ปีที่แล้ว +1

    Yes we need a video on that !

  • @OG_SOUND_
    @OG_SOUND_ 2 ปีที่แล้ว

    Great video man!

  • @tigerrx7
    @tigerrx7 ปีที่แล้ว

    Now you’re getting 3.3% on Ally. Well done

  • @villanuevaruth21
    @villanuevaruth21 ปีที่แล้ว

    Thank you, Blessing to and the hard work.

  • @valeriejeangrimes6967
    @valeriejeangrimes6967 2 ปีที่แล้ว

    Wow, very informative.. thank you. I learned a lot by just listening.. Now I have to go forward..

  • @JT-ob2cg
    @JT-ob2cg 2 ปีที่แล้ว +2

    Go ahead and make that next video bro

  • @brucebrowder825
    @brucebrowder825 2 ปีที่แล้ว +1

    Thank you so much for this informational video bruh...

  • @philipparker9893
    @philipparker9893 2 ปีที่แล้ว +8

    I am seeking some investment guidance. It seems like I am never able to identify trends, options always go against me, and I can't utilize scanners efficiently. I am looking for a simple reproducible passive income strategy that supplements my income and eventually replace my wage income.

    • @stricklandpilman2123
      @stricklandpilman2123 2 ปีที่แล้ว +2

      Investment needs intensive research, charting, and then to understand theta decay on options etc. so much to explain my friend. Hiring a coach maybe the correct route for you. But it’s all over the web just not in order.

    • @philipparker9893
      @philipparker9893 2 ปีที่แล้ว

      @@stricklandpilman2123

    • @stricklandpilman2123
      @stricklandpilman2123 2 ปีที่แล้ว +2

      @@philipparker9893 There are good names out there, people that have shown consistency. Like Karen Marie Emma, she's currently my coach. Lookup the name , you can reach her through her home page.

    • @justingregory2965
      @justingregory2965 2 ปีที่แล้ว +1

      @@stricklandpilman2123 I read many testimonies of her good strategy, she's good no doubt.

    • @philipparker9893
      @philipparker9893 2 ปีที่แล้ว +1

      @@stricklandpilman2123 Thanks for the recommendation, she must be very good at what she does, her name is the first thing that pops up on the br0wser. She seems really solid and i have sent her a mail already hopefully she replies soon enough.

  • @welcometothehustle404
    @welcometothehustle404 2 ปีที่แล้ว

    Great information my brother. Keep it coming 💯💯💯

  • @grouponful
    @grouponful 2 ปีที่แล้ว

    Tmobile checking account is 4%interest on the first 3k! 1.5%interest on anything after💰💰💰

  • @trinawalker4007
    @trinawalker4007 2 ปีที่แล้ว +6

    Thank you for all of the information you gave us about the passive income. This has truly helped me out I am subscribed to your channel and to your other channel as well

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว +2

      Yes you are always tuned in, thanks Trina!

  • @thebiggeneraloflyfe
    @thebiggeneraloflyfe ปีที่แล้ว

    Awesome Information

  • @jeffselchow5719
    @jeffselchow5719 2 ปีที่แล้ว +2

    Subscribed to New Channel.

  • @communitycookingchannel498
    @communitycookingchannel498 2 ปีที่แล้ว +1

    I love your video I have a llc but have no money to start up

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว +1

      Thanks! What is your business about?

    • @communitycookingchannel498
      @communitycookingchannel498 2 ปีที่แล้ว +1

      It’s a All general convenience store
      I think with the LLC license I can sell everything
      Make my biggest problem is I do not know how to find loans are hard to find grants

    • @communitycookingchannel498
      @communitycookingchannel498 2 ปีที่แล้ว +1

      I have a lot of super great ideas like a laundry mat I know how to get the equipment but I do not know how to get the loan
      I have great experience in cooking but I do not know how to get the loan
      I have a great experience in Rent-A-Car service but I do not know how to get the loan

  • @theriseoftheunknownnheros4070
    @theriseoftheunknownnheros4070 2 ปีที่แล้ว +1

    great info

  • @travay6328
    @travay6328 2 ปีที่แล้ว

    Love this 💌

  • @valeriesaltus9417
    @valeriesaltus9417 2 ปีที่แล้ว

    Awesome information. Thank you so much😀

  • @jacksonalouidor8342
    @jacksonalouidor8342 2 ปีที่แล้ว

    Are you also doing semi truck taxes?

  • @Growtolife
    @Growtolife 2 ปีที่แล้ว

    Great video 🔥

  • @dbest4755
    @dbest4755 2 ปีที่แล้ว

    Thanks much for info

  • @120paj
    @120paj 2 ปีที่แล้ว

    Question what can be applied or useful to international persons from the video?

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว +1

      I don’t think any of these ideas are limited to the US other than the rules around how passive income is taxed

    • @120paj
      @120paj 2 ปีที่แล้ว

      @@LYFEAccounting thank you for responding. Where can I review a trusted NFT website ? Any suggestions ?

  • @jayjones2840
    @jayjones2840 2 ปีที่แล้ว

    👏🏽 very well done sir.

  • @thecadillac6158
    @thecadillac6158 2 ปีที่แล้ว

    Thank you!

  • @chic90skid
    @chic90skid 2 ปีที่แล้ว +1

    omg love it thankyou

  • @LAKatwoman
    @LAKatwoman 2 ปีที่แล้ว +5

    This was very helpful to me, Sean! I feel encouraged. I subscribed to ur new channel as well.

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว +1

      Thank you thank you! Glad you enjoyed it :)

  • @richardly-lee
    @richardly-lee ปีที่แล้ว

    Passive income requires sweat equity. Thanks for sharing.

  • @jeffdorris5321
    @jeffdorris5321 2 ปีที่แล้ว

    Nice work

  • @trinitytrancitions
    @trinitytrancitions ปีที่แล้ว

    I want to learn more about passive and income

  • @jasonwayne9424
    @jasonwayne9424 2 ปีที่แล้ว

    Why not sofi? It pays 2%

  • @demetriows1207
    @demetriows1207 2 ปีที่แล้ว +5

    I'm curious what steps or strategies you have to maintain quality of services of the passive business.
    You earned yourself a subscriber for your other account, appreciate the openness and emphasis on the need to invest in oneself and business before splurging.

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว +4

      That's a great thought! What do you think about a video on "How to Manage a Passive Business" ?

    • @demetriows1207
      @demetriows1207 2 ปีที่แล้ว

      @@LYFEAccounting that can work... my business is a heavy person service business and I've been having trouble finding quality people that aren't busy so perhaps a "networking to find potential partners/trusted employees" as well hah

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว

      @@demetriows1207 Marketing and Hiring will forever be the challenge for service-based companies. I have started to rely more heavily on personality testing because some tests will reveal traits like "integrity" and "work ethic" but hmm, I like it, I'll consider making a video like this on my personal channel

  • @ismaelromero6185
    @ismaelromero6185 2 ปีที่แล้ว +1

    Already 4:30 min into the vid and not once is he saying how bruh

  • @ZeroDarkTrader
    @ZeroDarkTrader 2 ปีที่แล้ว +1

    Needed this 🙏🏿

  • @HarryElston
    @HarryElston ปีที่แล้ว

    Nearly always you're on the money, Sean, but this time I think you missed it with the Crypto and NFTs which are like virtual Beanie Babies!

  • @musicalprodigy1
    @musicalprodigy1 2 ปีที่แล้ว

    I want the intro music

  • @jdpark351
    @jdpark351 2 ปีที่แล้ว

    Thx Sean your info is very valuable and straight to the point!

  • @GLDad717
    @GLDad717 11 หลายเดือนก่อน

    How’d you calculate $100/mo with .5 APY - is that with a $25,000 balance…?

  • @ivyplants
    @ivyplants 2 ปีที่แล้ว

    Yes to passive income tax

  • @DylanScott-xi2qj
    @DylanScott-xi2qj 6 หลายเดือนก่อน

    High yield saving accounts are at 4-5% rn

  • @tomhawk8240
    @tomhawk8240 ปีที่แล้ว +1

    HAHAHAHAHAHAHAHA please

  • @officiallakhara1516
    @officiallakhara1516 2 ปีที่แล้ว

    LOVE FROM INDIA

  • @josiahthornton9125
    @josiahthornton9125 11 หลายเดือนก่อน

    Make the video bro!

  • @jamesscott1687
    @jamesscott1687 2 ปีที่แล้ว +1

    Even with the economic fluctuation, and the downfall of some vital crypt0’s I'm so excited I've been earning $45,000 from my $10,000 investment everyday 10days.

    • @flosamson6776
      @flosamson6776 2 ปีที่แล้ว +1

      🤔🤔🤔🤔

    • @jordanmick3435
      @jordanmick3435 2 ปีที่แล้ว

      I get successful every week with the guidance of my BROKER and since contacting my BROKER, Georgina C Weigel , I have gained a lot with small losses, her trading strategy is top-notch.

  • @marymoore4697
    @marymoore4697 2 ปีที่แล้ว

    Omg!!! 💎 💎 💎

  • @tobysantistevan3667
    @tobysantistevan3667 ปีที่แล้ว

    Do the video!

  • @sbdjrbr6559
    @sbdjrbr6559 2 ปีที่แล้ว

    New apps out now on every platform tell a friend repost

  • @ruel.e.i.
    @ruel.e.i. 2 ปีที่แล้ว

    THIS🧠

  • @kadrian03
    @kadrian03 2 ปีที่แล้ว +2

    I would love a video on how active income is taxed

  • @NOLA_Apparel504
    @NOLA_Apparel504 2 ปีที่แล้ว

    💯

  • @josephineshina8196
    @josephineshina8196 2 ปีที่แล้ว +31

    Despite the economic downturn I'm so happy to be receiving my profits of 56,200 from my investment of $7,500 every 14 days

    • @cutesparkle3228
      @cutesparkle3228 2 ปีที่แล้ว

      Thus must be an investment with Mr Margaret.

    • @peterthomas..
      @peterthomas.. 2 ปีที่แล้ว

      My first trade on his signals earned me profits about 38,765.usd since then he has never failed to deliver to trades and make consistent profits for me

    • @a.k5675
      @a.k5675 2 ปีที่แล้ว

      Yes Margaret is a good Broker I see he has really made a name for himself on here

    • @elvisjames8351
      @elvisjames8351 2 ปีที่แล้ว

      He taught me how to navigate the trade market and earn for myself till date. He is good at what he does I give him that

    • @jennyclara4159
      @jennyclara4159 2 ปีที่แล้ว

      How do I connect with this broker please?? I've lost enough trading on my own

  • @Art_Van_Delay
    @Art_Van_Delay 2 ปีที่แล้ว +1

    Dude, 2 minutes and you still haven't talked about the reason I clicked your video!

  • @Inakamo
    @Inakamo 5 หลายเดือนก่อน

    Lie

  • @robfogleman3732
    @robfogleman3732 ปีที่แล้ว

    Great job as usual