how to create multiple streams of income in your 20s and 30s

Multiple Streams Of Income Ideas In Your 20s | Earn $1000+ A Month Passively?

by Rey Sagar

Disclosure: This post contains affiliate links. If you use these links to buy something, we may earn a little commission at no additional cost to you.

Alright, let’s talk about how to create multiple streams of income in your 20s and 30s.

In this article, I will share 7 ideas for multiple sources of income that will help you to stable your earning.

So I am now 24 years old, and now I can surely tell how I built 7 multiple streams of income passively.

Now, I just want to rewind the clock back a little bit and tell you what I did right and what I did wrong throughout the past years and what I would suggest for the critics reading this article right now.

Yes, I am fully aware that these are all not fully passive income streams, but as long as you work on it, It will become fairly passive.

One thing that I wanted to tell you before I jump into the topic is some streams take years to build, so you have to be patient.

I’m going to give you step-by-step practice on how to make passive income in your 20s with the help of multiple streams of income ideas because the average millionaire has 7 multiple streams of income passively. 

Now, the truth is, they don’t all start here.

So let’s go back and see how you can go through and start creating one and then two, then three, then potentially seven streams of income for yourself.

Let’s look at the average person in their early 20s. They’re either in college, they’re just getting done with College or they’re just jumping into the corporate world so they can potentially pay their bills.

The baseline here is, That you’re either in college and you got a part-time job or you already have your own full-time job.

So this is your first stream of income even though I didn’t include this on my list.

Now the common misconception that a lot of people have in their 20s and that I had in my 20s was, oh, I got to quit my day job because I got to go through and start the side hustle.

And that side hustle is to start creating multiple streams of income.

My advice to all of you is: you better make enough money from your side hustle before quiting your job otherwise it’s not worth it and It is just a sign that you are not prepared enough to make it anyway.

How to create multiple streams of income in your 20s and 30s Guide

Woh Woh Woh !!! Hold On...

Before you go and take the leap and tell your boss to screw himself or herself, I have two really important pieces of advice that I want to share first.

You might have found that I had a YOLO mentality.

The truth is that you should have these streams of income and had a sizable safety net in case anything failed.

This way when you jump out from the plane, you want to make sure that you have a working parachute, so you can actually land safely or at least survive, so you need something to support yourself.

And while you're working on your business ideas, at least for a while until they start generating some sort of income, you need some sort of safety net to support you.

There are 3 types of passive income streams.

  • Some require an upfront time
  • Some streams require upfront money
  • Other streams are semi-passive income streams

So earning dividends, stocks, ETFs & mutual funds is all about "upfront money" and blogging, selling, affiliate marketing, etc. all these belong to 'upfront time' and 'semi-passive income ideas'.

This all depends on individuals,

If one has time then one can choose 'upfront time' related ideas and if one can invest money then he/she can think of stocks/shares and mutual funds.

Advice : Before You Start

If you’re looking for a get-rich-quick scheme,

Those things just don’t exist and hope you might as well not even try.

If you have seen on the internet like I made $1000 overnight and you can make too, you just have to go here, sign up, blah blah, blah please stoppppp!!! those tricks don’t work here.

And the way I think of this, is that ultimately money is just a medium for exchanging value.

The only way to make money is to provide some sort of value and the only way to make passive income, called passive money, is to provide value in a way that is not directly tied to your time.

So please, please, please, do not try to join and get-rich-quick scheme, they don’t exist.

I’ve seen a lot of people over the years who have tried signing up to a get-rich-quick crypto scheme or a gambling scheme or “Hey, here’s how you kind of play poker online.

None of these things ever work, sadly people always end up losing money.

Because the only way to make money is by providing value.

Now let’s talk about how to create passive income in your 20s by providing massive value for others & create passive income with little money as possible.

How to create multiple streams of income in your 30s & 20s 7 Ways

Let’s see how to have multiple streams of income in college while you are in your 20s.

So you have multiple sources of income when something goes wrong, you’ll still have a backup plan to cover up your expenses and pay your bills.

Now it’s time for 7 multiple sources of income ideas to make $100 – $1000 easily.

1. Start A YouTube Channel

YouTube is one of the best ways to make passive income by running ads including affiliate marketing, brand sponsorships, and more.

This is something I also specialize in, and making YouTube videos opens a lot of doors to make a huge amount of income with different platforms.

Requirements To Start A YouTube Channel

  1. Camera - Cheap YouTube Camera For Beginners
  2. Thumbnail Maker - Try Canva(How to make YouTube thumbnails in 10min for free)
  3. Other Equipment - Check Out My Gear List Here
  4. Keyword Research and Channel Management - Try Tubebuddy
  5. Still Feeling Stuck - Take Online Courses From Udemy & Skillshare

How Hard It Is To Start?

How Hard It Is To Maintain?

How Hard It Is To Make First $100?


How hard is it to start a YouTube channel?

Well, I’m gonna give this 1 out of 5 stars because it’s actually very easy to start a YouTube channel.

You just go on you click to create a channel, and you can upload videos by just filming with your iPhone or Android and uploading it.

But, In reality, it’s a lot harder to make good videos, and making good videos is how you grow on YouTube.

But getting started on YouTube is very, very, very straightforward.

How hard is it to actually make real money from YouTube?

The real question is:

How hard is it to actually make real money from YouTube?

So again, let’s say you wanna make $100 a month in passive income.

What does that look like?

Well, first you have to go through the new YouTube policy, to be eligible for monetization on YouTube, you need 1,000 subscribers and 4,000 hours of watch time. You might be already familiar with this.

If you look at the averages, it actually takes on average 90 videos to get to 1,000 subscribers.

So that’s quite hard if you’re thinking you’re gonna start a YouTube channel and start making money from day one.

That’s basically not going to happen. It might take someone 10-20 videos to get there or for someone 100 videos or even more.

So if someone being like, “Hey, I wanna start a YouTube…” I was like, “Look, you have to be able to put in the work and do this for a very long period of time at least once a week.”

I say for at least two years before you can expect anything in return. But let’s say you’ve hit your thousand subscribers and your 4,000 hours of watch time.

How hard is it to actually make $100 a month?

Well, on average, the kind of revenue per thousand views on YouTube is roundabout $2-$3. So this varies massively, but let’s say on average about $2 per thousand views.

Therefore if you want to make $100 a month you need 50,000 views on YouTube to make $100 a month.

Let’s say you make one video per week and let’s assume you’re not getting any traffic on your older videos. That means every video you make needs to get around about 12,500 views.

And very roughly the average YouTube channel can expect a roundabout 20% of their subscribers to equal the average view count for each video.

So on YouTube, if you had 62,000 subscribers, very roughly, very average lead, you can expect 20% of them i.e. 12,500 views on each video.

And assuming you have no evergreen content of the long term you would need to run about 60,000 subscribers
to be making $100 a month.

In reality, you make $100 a month a lot before 60,000 subscribers.

I think I was making $100 a month when I had like 10,000 something subscribers like it was fairly early on.

But when it comes to assessing how hard is this? I’m gonna give this a four out of five stars. It’s actually very hard to make compelling YouTube videos and it’s very easy to get started, but it’s hard to do well.

It’s totally worth it, it’s a great skill set, it’s really fun. You get to meet people across the internet. You get to learn how to talk to a camera and how to film and edit great stuff.

And it’s really great but it’s very hard to actually make money from YouTube.

How much effort it will take to maintain a YouTube channel?


Like actually getting that first 1000 subscribers is a lot harder than keeping it growing.

Cause once you’ve got a thousand subscribers and once your channel is growing it means you’ve landed on a formula that works.

And so maintaining it then becomes easier than starting from scratch.

So we’re gonna give maintenance of a YouTube channel passive income stream to be around 2 out of 5 stars.

There are other ways of monetizing YouTube except google Adsense, like brand deals, affiliate marketing, selling merch, and all other sorts of stuff.

Which we will talk about later in this blog, now let’s jump into the multiple streams of income ideas number two.

2. Become An Affiliate Marketer

Affiliate marketing means that you are selling other people's products or services, and you're getting a percentage of the sales from those products & services.

Now, apparently, 48% of affiliate marketers globally earn $20,000 a year which is $1,660 a month.

Which is actually not bad at all. Like people are doing very well with affiliate marketing overall and you can too.

Affiliate marketing is by far the most profitable multiple streams of income ideas on this list, especially if you can sell digital products and services.

Because unlike the Amazon products they have a high commission rate as well as recurring incomes which is absolutely passive.

Requirements To Sell Affiliate Products

  1. Amazon Associate Account - Sign Up Here
  2. Register Affiliate Platforms Like CJ, Impact, Click Bank, Awin, or Shareasale
  3. Other Affiliate Programs - Find The Best Affiliate Programs Here
  4. If You Have A Travel Website - Try Tripadvisor
  5. Promote on - YouTube channel
  6. Promote on - Website or blogs
  7. Promote on - Social media like Facebook, Pinterest, quora, Linkedin, Twitter, Instagram.
  8. Promote on - Social groups, pages, forms, comments, etc.

How Hard It Is To Start?

How Hard It Is To Maintain?

How Hard It Is To Make First $100?


How hard is it to get started with Affiliate Marketing?

Well, I’m gonna give this a 2 out of 5 stars.

Basically, you can just sign up for an affiliate program like Amazon Associates.

So Amazon has its own affiliate program, which I think is probably the biggest in the world. And then once you have your little special links you can post those on your website or on YouTube, on Twitter or on social media or whatever.

And if people buy the product through your link or in fact buy any product within 24 hours on Amazon through your link, you’ll get like some tiny percentage of the sales.

So It’s pretty easy to get started with affiliate marketing.

How hard is it to make $100 a month??

Well, this is actually kinda a hard.

Let’s say you had a product that was $50 that you were trying to sell and you were getting 5% commission on it.

Amazon doesn’t offer nearly as much as 5% it offers around 4%, something like that.

And let’s say your average conversion rate i.e. people visiting the thing versus people actually buying the product after visiting the thing, let’s say that’s 1% which is pretty reasonable for conversion rate.

You would need 8,000 visits to your website or whatever to make $100 a month. It’s actually quite hard to get 8,000 visits per month to your website, on a specific product page.

And generally doing well in affiliate marketing requires lots of upfront effort in terms of either building an audience or building such domain authority in whatever space you’re in, that you’re sort of organically getting traffic.

Now, other than Amazon there are a few other affiliate programs like Skillshare.

It has an interesting affiliate program where if you refer someone to sign up for a free trial of Skillshare, you can get $7 in affiliate commission just for that thing.

So if you wanted to make $100 a month from affiliates, you would need 15 people every month to sign up for Skillshare with your affiliate link thing.

How hard is it to get 15 people a month to sign up ?

Well, it’s not that hard if you have an audience and it’s not that hard if you have your own classes on the skillshare platform.

And so if you wanna make money through Skillshare affiliates, you can just tell people,

“Hey guys, I’ve just released my latest Skillshare class Productivity for Creators, how to start a successful side hustle, so there’ll be a link in the video description if you wanna check that out.”

Like that, Hopefully, someone will see that will click on that link in the description, and then that will be you getting some affiliate income from Skillshare.

So going back to our rating ratio, how hard is it to make $100 a month? I’m gonna give this a 3.5-star rating because again you need an audience.

And as we always talk about the way you build an audience is by creating useful content, putting it for free on the internet once a week, and doing this for at least two years.

If you just follow those three steps I guarantee you’ll have an audience and you’ll be able to make a good amount of money through this passive income stuff.

How hard is it to maintain Affiliate Marketing?

And once start making money from affiliates it’s actually quite easy to maintain because, especially if you have evergreen content whether on YouTube or on a website.

If your content isn’t relying on, like current affairs or the latest news.

If you have long-term content that people might search for over a long period of time, this becomes like relatively reasonable passive income.

Now, if we look at my friend and his business, these days from Skillshare he is making around $11,000 per month in affiliate income which approximates to around $2,750 per week.

And from Amazon on average, it’s around about $450 a month from the Amazon UK store and a little bit more from the US and Canada which is a great amount of money.

Now it’s time for the next multiple streams of income ideas.

3. Build An App | Website

Idea number three for generating passive income is to build an app or a website or some kind of software product that you can offer either as a one-off or more likely these days, as a subscription service.

And there's a whole category of this called SAS(software as a service).

Now, if you look at the website,

There are literally hundreds of examples of people who have built software businesses that are making passive income and they share their revenue numbers and they tell you how they got started and they give you their tips.

How Hard It Is To Start?

How Hard It Is To Maintain?

How Hard It Is To Make First $100?


And then once you’ve made it I’m gonna give $100 a month difficulty a four-star rating.

Because again, it’s easy well, easy enough. You can make an app, but then getting people to pay for the app is an entirely different kettle of fish. So we’re gonna give that four stars.

But the nice thing is like with everything, maintenance is a little bit easier so we’re gonna give that a three-star rating.

That’s for the app thing but I’m more likely focused on the website so let’s talk about website and blogging stuff.

Requirements To Build A Website

  1. Make Website Using Worpress or Wix [ personally We Use WordPress ]
  2. Buy Domain –
  3. Buy Hosting – Best Affordable WordPress Hosting For Beginners
  4. Buy WordPress Themes From Here – Envato Market
  5. Useful WordPress Plugins for Your Website – Grammarly, Elementor, Rankmath, Monsterinsights, Semrush, Wpforms, Wp rocket, etc.

How hard is it to make a website?

Well, It’s not that difficult to make an average website and start blogging or selling some sort of service.

There are so many tutorials out there on how to make a WordPress website which is totally free.

Check out these YouTube channels

  1. Website Learners
  2. Darrel Wilson

If you want to start blogging from your website then you better get some theme from Envato Market.

There are so many WordPress templates out there with great features and SEO optimization. Where you don’t have to do so much hustle, just download and upload it on your WordPress site.

You might have to do some modification here and there, but that is also included on the documentation file itself.

So, I’m going to give this 2.5 stars out of 5.

How hard is it to make a $100 a month from a website?

Now the question is How hard it is to make $100 a month from your website?

The answer is, It depends.

If you have a subscription website then you have to do some sort of marketing to sell your service and if you have a blogging website then it will take roughly around 6-7 months to rank your post if you have a new website.

Blogging is unlike YouTube, It takes years to build momentum, and you have to post roughly around 20-30 posts before you start ranking on google. 

On average, if you have the US traffic on your site and you get 200-300 page views on your site then it will show around 1000 ads impressions. which will give you $1-$2 on the impressions & let’s say if you get 4-5 clicks on that impressions, then you can make $6-$7 a day.

This means if you want to make $100 a month you need to have 8000 – 9000 page views to make $100 a month from Google Adsense. which is a very average calculation I’m sure you will make more then that.

And apart from that if you have affiliate products on those articles then that’s a whole new story because affiliate programs make more money than Google Adsense.

Because It is directly based on commissions.

So I’m gonna give this 4 out of five because at the beginning it will take a good amount of effort to write an article and post consistently until google starts ranking your blogs.

How hard is it to maintain a website?

Unlike YouTube website needs maintenance so on my rating system I’ll give 3.5 out of 5 stars.

Because you have to update your blogs & articles from time to time.

The way the google ranking algorithm works have fresh content, that way google thinks that your content is new and updated so it is better for viewers.

So they will rank you higher based on your updates. The SEO metrics of google changes over time so you have to be up-to-date with that as well.

Let’s check out the next multiple streams of income ideas.

4. Selling Digital Products

Now, Digital products are products that you create once, like an ebook or an app or something which you can download unlimited times once you create.

It's like, You create it once and then you can sell it multiple times because selling digital products doesn't usually have any costs associated with it.

This is one of my favorite multiple streams of income ideas because this is really passive and you just have to work once.

One friend of mine, made an iOS 14 icon set and sold it for like $20 a pop, a few months ago and ended up making, I think like $200,000 in the course of like a few weeks, just because lots of people around the world wanted to buy his icon pack.

Requirements To Make Digital Products

A good skill to make something like Ebooks, Presets, Templates, Graphics, Themes, Icon Packs, Software, Digital Art, PDF documents, and More.

  1. Hire To Make Digital Products On Fiverr
  2. Learn How to Make Digital Products on Udemy

How Hard It Is To Start?

How Hard It Is To Maintain?

How Hard It Is To Make First $100?

how to create multiple streams of income in your 20s sell digital products

So he put the work into creating the pack and now he’s selling it for lots of money. Another example is my YouTuber friend, who has made, as he says $700,000 from selling his website Tumblr themes since 2014.

So he made the website themes for Tumblr, he sells them and he makes $700,000 on average.

Well, overall, since 2014, that’s pretty cool.

LOL, that’s a lot of money though…

How hard is it to make a Digital Products?

So how hard is it to get started making digital products?

I mean, anyone can write an ebook that counts as a digital product.

So I’m gonna give this a two-star rating, two out of five stars, but obviously like again money is an exchange of value.

So the thing that you’re selling you have to be providing enough value to compensate, to make up for the price that you’re selling it for.

And that’s often quite hard, especially if you don’t have any experience in that specific field.

How hard is it to make $100 a month??

Well, you know, it’s very easy to create an ebook but it’s a whole different ballgame trying to get people to actually buy your ebook or buy your icon set or buy your app or buy your website themes.

And because the market around this stuff is so competitive like you have to be genuinely really good to get people to buy your stuff.

And the way you get people to pay you money for something is that you identify a problem that they have, you solve that problem, and then you charge money for it.

And if you can do those three things, you know I wouldn’t say it’s easy to make $100 a month but it’s very doable to make $100 a month.

You just genuinely have to have something that solves a pain point that other people are willing to pay for.

So we’re gonna give this a 3.5 out of 5 stars to make $100 a month from selling digital products.

And finally, in terms of maintenance, we’re gonna give this a two out of five stars.

Because usually, you do have to maintain your product a little bit but it’s often easier to do like it’s much easier to maintain a product than creating a product in the first place.

This is one of the great ideas to create passive income with little money just in case you have to take a course or promote your products,

5. Selling Online Courses

Now online course's sort of like a digital product but generally online courses are in video format.

In fact, this whole article is so long, it could basically have been an entirely online course on how to create multiple streams of income in your 20s, something like that.

In terms of getting started, we're going to give the starting difficulty a 2 out of 5 stars, because it's not that hard to make an online course but generally, you do need to know how to shoot video.

So, you actually could film an online course on your iPhone or Android, whatever phone you're using right now.

Stick your phone on the side, talk to the phone and start teaching something.

So it's not hard creating one, but in terms of making $100 a month, again, at that point, your course needs to actually be good.

And the only reason people will pay for it is if the course is actually good.

Requirements To Make Online Courses

  1. Good knowledge of something
  2. Smartphones whether Android or iPhone
  3. Smartphone mic for good audio - Buy from amazon
  4. Upload On Skillshare
  5. Learn How to make online courses on Udemy

How Hard It Is To Start?

How Hard It Is To Maintain?

How Hard It Is To Make First $100?


How hard is it to make an online courses?

Now you can also avoid having to charge for your online courses by using a website like Skillshare, unlike Udemy.

Skillshare is a great place to teach stuff because you can teach things on Skillshare without directly having to charge for them.

This is why putting courses on Skillshare is a great option to have.

It’s like having something on Netflix, in that the end-user does not have to pay directly for the product. And the other nice thing about Skillshare is that it’s like YouTube,

Anyone can upload a class to Skillshare, provided it meets certain quality requirements.

And so it’s a lot easier than having to make your own website and create your own courses platform and all that kind of stuff.

That’s why this is one of the best ideas for multiple sources of income if you already have a good amount of audience.

So, it’s pretty easy to start, that’s why we’re going to give this a 2 out of 5.

How hard is it to make $100 a month from online courses?

Now how hard is it to make $100 a month from teaching online courses?

Now, this kind of depends.

If you’re going down the Skillshare route then to make $100 a month in Skillshare you need roundabout 1,700 minutes of watch time, which is 28 hours of watch time.

So if you have a one-hour class on Skillshare you need 28 students to take that class every month and watch it with a premium membership roughly.

And that will give you around $100 a month. At least those are based on my figures over the past years of experience on Skillshare.

How hard is it to get 28 people a month watching your class?

Now, how hard is it to get 28 people a month watching your class?

Well, if your class is actually pretty good, it shouldn’t be that much hard to get 28 people a month watching it.

More importantly, If you have an existing audience it’s very easy to get 28 people a month watching it because people already know, like, and trust you hopefully.

And so they’ll watch your stuff and give you a shot because you’ve already built that goodwill with them.

So if you genuinely have a really good class and you put it on Skillshare, then even if you don’t have an audience, there is still a high chance that if the class is actually good and people watch it a lot and people recommend it also give it high ratings, eventually it will rise to the top.

And it will start getting recommended to people who find it on the Skillshare homepage or who searched for it specifically.

The other way of making $100 a month from a course is to just charge $100 for a course.

And then if you do that, you just need one sale every month that’s all.

How hard is it to get one person a month to buy your course?

Now, how hard is it to get one person a month to buy your course?

Well, again, if it’s good, you know, the world of online education is exploding so much every year more and more money’s being spent on online education especially with the whole pandemic stuff.

So if you have a valuable skill that you can teach I think courses are one of the best and easiest, or one of the best ways to create passive income with little money possible.

Because it’s fun to create a course, you can teach stuff, you don’t need that many technical skills, like making a website or an app. Just shove it on Skillshare.

And then people can take your course and learn on the internet, it’s just cool overall.

How hard is it to maintain an online courses?

The nice thing about online courses is that once you’ve made the course, and start making $100 a month from it, maintaining that level is actually quite easy.

We’re gonna give that a 2 out of 5 stars because generally, you don’t need to update the course that often.

And you can do that once in a while and you just need to make sure you’re getting a reasonable amount of traffic on your course.

And hopefully, that traffic will grow over time.

6. Start A Podcast

This is generally easier than starting a YouTube channel.

Although growing a podcast is a lot harder than growing a YouTube channel because podcasts themselves don't really have an algorithm that's helping them grow.

In fact, a lot of podcasts grow by having a YouTube channel, which is kind of weird.

Requirements To Make A Podcast

  1. Buy Podcast Mic From Amazon
  2. If you are shooting from a smartphone, buy - Smartphone Mic
  3. Know how to speak clearly and have good knowledge of something
  4. Still, Feel Stuck? Take A Course On - Udemy Here

How Hard It Is To Start?

How Hard It Is To Maintain?

How Hard It Is To Make First $100?


How hard is it to start a podcast?

So how hard is it to start a podcast?

Well, again, one out of five stars, it’s very easy to start a podcast.

Just go on and you can literally use your phone, and you could pass your phone around between you and your friends, and you can start a podcast, that’s all.

You can use a website called that I’ve recently invested in as an angel investor. Riverside makes it very easy to record remote podcast interviews.

How hard is it to make $100 from a podcast?

Well, again, this is not quite passive income because the way podcasters make money is by relying on brand deals.

There is no YouTube AdSense for podcasts.

And so you need sponsorship or a brand deal to make any money for your podcast, generally speaking.

And apparently, you can expect to make around $18 for a 30-second ad in a podcast and $25 per thousand views or a thousand listens for a 60-second ad.

So if you wanna make $100 a month and assuming you have a stream of sponsorships that are giving you that level of a sponsorship deal based on your download numbers, you would need around 1,000 downloads per episode, if you have a weekly podcast.

So you’d have 4,000 downloads a month.

And if you’re putting a 60-second ad in there for $25 per thousand views, that would make you round about $100 a month by having a thousand downloads per episode and four episodes per month.

How hard is it to get a thousand Downloads per month?

This begs the question how hard is it to get a thousand downloads per month?

Well, it’s a lot harder to get a thousand podcast downloads per month than it is to get a thousand YouTube views per month.

Because again, YouTube has so much distribution built-in it’s different from podcasts.

Also, more people are on YouTube than on podcasts. But if we look at the stats then it’s the top 20% of podcasts in the world that get on average more than a thousand downloads per episode.

So going back to our rating system.

Starting a podcast 1 out of 5 stars, making $100 a month I’m gonna give that a 3 out of 5 stars because it’s hard, but not as hard as maybe monetizing on YouTube where you have this minimum threshold.

How hard is it to maintain a podcast?

And finally maintenance.

Well, it’s not really passive income because you do have to keep on making podcast episodes because the brand deals are associated with that.

But again, once you’ve stumbled on a formula that works, once you know how to be a podcaster it’s easier to continue going once you’ve already gotten started. And so in terms of maintenance of the podcast, I’m gonna give that 2 stars.

7. Brand Sponsorships

Brand sponsorships in the realm of YouTube, social media, and for most YouTubers this is probably one of the largest income streams.

Google AdSense isn't the largest income stream, It's actually brand sponsorships especially for content creators.

Influencers brand sponsorships can be a very profitable income stream especially since year after year brands have been increasing their influencer marketing budgets due to the growing power of social media.

Requirements To Get Brand Sponsorships

  1. Social Media Accounts ⇔ with a good amount of followers like Instagram, Facebook & Twitter 
  2. Youtube Channel ⇔ with a good amount of subscribers 

How Hard It Is To Start?

How Hard It Is To Maintain?

How Hard It Is To Make First $100?


This is one of the best ideas for multiple sources of income if you already have a good amount of social presence.

Influencer brand sponsorships do have their negatives though.

It isn’t very passive as you have to constantly create content to promote these brands and that it isn’t a very steady income stream.

Brand smart ships come and go and the income that you can generate from them really depends on the brands that you work with.

The first downside to this income stream is that depending on the brand it’s a lot of back and forth which sometimes could take days and I really hate sending a lot of emails which is one of the reasons that I quit a lot of brand deals.

And the second downside is it’s not a very steady income. Now, It’s time for bonus ideas for multiple sources of income.

[Bonus] - Stocks, ETFs and Mutual Funds

This is probably one of my favorite multiple streams of income ideas, maybe that's why I added on my bonus part.

Because for the most part you can just set it and forget it until you wake up at 65 and decide you want to cash out on all those decades of compounded returns.

My investment strategy way back then and even now is primarily long-term investing meaning that I buy and hold the assets for years in order for the price to appreciate. 

I only buy things after tons of analyses that include a wall street-level valuation and analysis.

Requirements To Invest In Stocks, ETFs & Mutual Funds

  1. Good Knowledge On Investing - Check out the list of stock market books here
  2. Read More Books Before Invest - 12 Best Stock Market books for Beginners
  3. Have Some Money To Invest In ♦

How Hard It Is To Start?

How Hard It Is To Maintain?

How Hard It Is To Make First $100?


You really don’t need a lot of money to start and for the most part, when I first started I was investing in these things called index funds.

Which essentially allows you to own a little bit of money from a bunch of different companies.

I liked index funds because it was just super easy and honestly it’s a hassle to keep up with the market news because there are just so many things to read and digest which takes up a lot of time.

How hard is it to start in stocks?

For most beginners as a non-financial advisor, the thing that I do is that basically all my money that’s in stocks and shares is invested in index funds.

Now, an index fund is something like the S&P 500.

And when you invest, let’s say $1,000 in the S&P 500, that basically means that your $1,000 is distributed amongst the top 500 biggest companies in the US.

So, weighted by how big they are, like, 2% of it would be an Apple, 2% on Facebook, 2% in Google, 2% in Microsoft.

And then you probably won’t have heard of the 500th company on the list, but basically, all the big US companies you’ve heard of you end up investing in all of them a little at a time.

So, if you want to get started with that, all you need to do is sign up as a stockbroker.

If you’re in the US you can use a Webull, If you’re in the UK, you can use Freetrade or Vanguard.

Basically, whatever country you’re in just Google the phrase, the best stockbroker platform, your country name and you’ll find something that works for you.

And then it’s very easy to be able to invest in an index fund.

So, on our rating style, we’re gonna give the difficulty of starting, a one-star rating, 1 out of 5.

Because, It’s very, very easy to get started with stocks.

How hard is it to make $100 a month by investing in stocks and shares?

How hard is it to make $100 a month by investing in stocks and shares?

Well, this kind of depends, because it depends on the performance of the stock market overall.

So, in the last 12 months, from 2020 to 2021, the S&P 500, has actually increased by about 50%.

That is a lot, it’s like gone up by a solid 50% despite the Pandemic situation and everything going on.

So if in April 2020, you had invested $2,400 in the S&P 500, the fact that it’s gone up by 50%, means you would’ve made $100 a month.

But obviously, this is not the way to look at it because things can go up and down, and the stock market has different levels of performance depending on what time period you’re looking at.

But if we average out the last 30 to 50 years, the S&P 500 has had a roughly 10 point something percent return.

This means every year, on average, over the long term, it goes up by around 10%.

This is not inflation-adjusted for any economists among us.

And so if we do some back of the envelope calculations, if we wanna earn $100 a month, passively, through stocks and shares, we would need around about $12,000 invested in the S&P 500, to make that 10%, $1,200 a year, which is $100 a month.

But as I talk about in that video about stocks, over time, we have compounding, and so, if you put in $7,500 in the S&P 500 and you left it there for five years, then five years later you would be making roughly $100 a month if we go by this very average figure of 10% a year.

Or if you invested $5,000 in the S&P 500, then 10 years later you’d be making $100 a month in purely passive income. Again, assuming the 10% average.

So overall how hard is it really to make $100 a month in passive income from stocks and shares?

Well, it kinda just depends on how hard is it for you to make $5,000, $7,500, or $12,000 in savings and put them into a stock market index fund?

And crucially this is money that you shouldn’t need to touch in the next five to 10 years, at least.

How easy is it for you to make sort of money?

So basically how easy is it for you to make that sort of money?

Obviously, It varies massively depending on which country you’re in and what your circumstances are, and what your job is.

But if you’re in the UK or the US where the median kind of average salary’s, roundabout $50,000, something like that, then again depending on your circumstances it’s not that hard to get $10,000 in savings.

If you’re supporting a family of 10 people on $50,000, it’s a different story.

If you’re a single person, again, it’s different but I’m gonna give this roughly a 3 out of 5-star rating for the difficulty of getting $100 a month.

Obviously, if you live in a country like India where the average salary is $3,600 a year, it’s very very difficult to make $10,000 in savings overall.

How hard is it to maintain a stocks?

And finally, how hard is it to maintain this income once you’ve set it up in the first place?

And we’re gonna give this a 1 star out of 5 because once you’ve got the money in you just like set it and forget it and it’s not that hard to maintain.

There are other sources of passive income that require higher degrees of maintenance over time.

But stocks and shares are very easy ways to make passive income.

Final Advice To All Of You

That is all,

How I built 7 multiple streams of income

Now throughout the past couple of years, I failed a ton and I succeeded a little bit which is a kind of an unhealthy feeling but it is what it is, there are no shortcuts right?

But throughout everything, I learned new lessons along the way.

So before you leave, Here's one lesson:

That I wish I knew when I was starting out that I found super helpful and the lesson is to simply [copy others].

You might be thinking now, no I want to be original, yeah sure you can but my advice to all of you is just to learn from others who are already there where you want be and try to manipulate things in your own way.

That way you'll save a lot of time.

If you look at the world right now, There's no such thing as a new or original idea because everything you see today is a bunch of old ideas that people have been doing for centuries.

It's all just mixed together and it's all just repurposed all creative work has been and always will be influenced by something else.

how to create multiple streams of income in your 20s

So instead of being stuck and unmotivated trying to be super original or trying to think of the first thing to build, you should focus on how you can transform and improve already existing ideas?

Feel free to steal ideas that you see every single day from family, friends, influencers, celebrities, or on the internet.

Because eventually from those ideas you’ll be able to adapt your own style and evolve away from copying others.

Trust me once: you have your own style I guarantee you that others will start to copy you and I’ll be the first one to be transparent and tell you about this because that’s what I do.

I’m sure you see similar styles in my articles to other websites it’s because I liked the way they have written and what they did and I was influenced by them that’s why I adopted it.

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