Find Your Perfect Passive Income Match!

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Sunday.Hustler

Created 6/29/2024

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Sources

https://time.com/personal-finance/article/passive-income-ideas/
https://www.fidelity.com/learning-center/smart-money/passive-income-ideas
https://www.bankrate.com/investing/passive-income-ideas/
https://www.sidehustleweekend.com/post/21-passive-income-ideas-that-makes-money

Discover the ideal passive income opportunity based on your financial situation, available time, and risk tolerance.

Discover the ideal passive income opportunity based on your financial situation, available time, and risk tolerance.

1. How much money are you willing to invest upfront for your passive income strategy?

Less than $100
Between $100 and $1,000
Between $1,000 and $10,000
Over $10,000

2. How much time can you regularly dedicate to setting up your passive income stream?

Less than 1 hour per week
1-5 hours per week
5-10 hours per week
Over 10 hours per week

3. Which of the following best describes your risk tolerance?

I prefer no risk at all; safety first
I can handle a little risk for better returns
I'm comfortable with moderate risk to potentially earn higher returns
I'm willing to take high risks for the chance of high returns

4. What type of passive income activities interest you the most?

Creating online content (courses, e-books, blogs)
Investing in financial products (stocks, bonds, REITs)
Engaging in rental income opportunities (real estate, parking spaces)
Leveraging existing assets (advertise on car, rent out household items)

5. What is your main goal for pursuing a passive income stream?

Supplement my current income
Achieve financial independence
Save towards a specific goal (like retirement)
Diversify my income sources