Timothy Sumer

Passive income is a popular term that many individuals strive to achieve. It refers to the idea of earning money consistently, without actively working for it. This extra income can provide financial stability, freedom, and the ability to pursue one's dreams. In this article, we will explore nine passive income ideas that have allowed me to generate an impressive $7,500 per week. 1. Rental Properties: Investing in rental properties is an excellent way to generate passive income. By purchasing properties and renting them out, you can earn a steady stream of rental income each month. Additionally, properties tend to appreciate over time, providing an opportunity for long-term wealth accumulation. 2. Dividend Stocks: Investing in dividend stocks allows you to receive regular payments, typically on a quarterly basis. Look for well-established companies with a history of paying dividends consistently. By reinvesting these dividends, you can further compound your earning

My channel took off in April 2020, and what a wild ride it has been. In this video, I'll show you how I make money on YouTube, the revenue streams that currently bring in about $25,000 a month, and some of my biggest tips for creators. ► Get 4 Free Stocks on WeBull (valued up to $1650 when you deposit $5): ► 1 FREE Stock with Robinhood: ► Open a Roth IRA: ► 8.6% APR Savings Account: ► $200 Off The 6-Figure YouTube Academy: ► Follow Me on IG: I'll also give you a behind the scenes look at my YouTube Analytics and break down how making videos can make money. In the grand scheme of things, I don't make a lot compared to most multi-millionaires and billionaires. But if making two videos a week (15 hours of work) can do this, and the money on the YouTube platform keeps growing each day (more and more money is constantly being poured into ads and brand deals), think about all the possibilities. If you had told me a year ago that a medium sized channel like m

The Passive Money Plan covers all things financial from recession proof ways we managed our debt burdens, ways we brought in passive income, business ownership, the entrepreneur lifestyle, all while providing successful tips on things that have worked for us over our life span. We also provide real stories of how we grew up including the struggles we've had to endure to obtain financial success, such as surviving the financial crisis while leaving the military. While also providing the pit falls that lead to changing our mindset in the subject of finances. Welcome and we hope that you all enjoy! Disclaimer: This is not financial advice; this is financial education through our journey on how we interact with money. WE ARE NOT FINANCIAL ADVISORS; in fact, it is illegal for us to provide any financial advice to you under U.S. law. Our mission is simply to provide you with educational tools to help you understand financial literacy; thereby enabling you to make better decisi