Depending on the type of product and or business you can easily make enough money to cover bills. The best strategy is to determine how much you want to make a month, then break it down to the most granular level.
This makes the whole process much easier to tackle. For instance, if you make $300 times 20 working days in a month, that totals to $6000 a month!! Read more on different ways to make $300 a day.
PASSIVE INCOME includes earnings or proceeds derived from activities that do not require day to day management, but still generate income consistently. This includes rental income or dividends income. It is advisable to verify IRS definition and rules as it may have different tax requirements.
This post will have options that require upfront work to set up and thereafter, will earn money passively and easy options to set up with little effort.
A side hustle is anything that earns money apart from a main job. There are different types of income, the best way is to identify what your objective is and then create goals and business plan around that objective.
MONEY GOALS: First, you have to identify your money goals, whether it is paying off debt, extra income to cover monthly budgets, creating a side hustle, turning it into a main hustle and then into a business. The main reason for identifying your objective is to understand and frame the amount of work needed.