The Quickie: How To Make Passive Income (And Make Your Money Work For You)

Want to work less and live more? Today we’re diving into some smart ways that you can start generating passive income, because we could all use a bit of extra cash right now, whether we’re working towards a big vacation, a dream home, or financial freedom from that 9-5 that we lowkey can’t stand. We’re done trading our time for money, so join us on our journey to work smarter, not harder. ICYMI, passive income is the set-it-and-forget-it of money-making. We’re not talking about taking on a part-time job or side hustle — this is all about leveraging your existing skills, assets and money to your advantage. Because who doesn’t want to make money while we sleep? We’re not the experts, so we’re throwing it back to some fire investing and passive income strategies we got from finance pros Nicole Victoria and Jessica Moorhouse.Tune in to learn more about: Leveraging your skills/influence to make $$ with digital products and affiliate marketingWhy we love Amazon Associates and LIKEtoKNOW.it Leveraging unused assets like parking spaces, storage lockers, or cars The benefits of being an Airbnb host Investing 101: creating a diverse portfolio and common investments to consider  Why you should invest in high dividend stocks Getting in on the real estate market with Real Estate Investment Trusts (REITs) You work hard for your money, so let’s make it work even harder for you. Big thank you to Airbnb for sponsoring this episode. You could be living in the perfect Airbnb and not even know it. To find out how much your home or spare room could be worth, visit Airbnb.ca/host!For show notes and more adulting tips, visit: teachmehowtoadult.caSign up for our monthly adulting newsletter:teachmehowtoadult.ca/newsletter Follow us on the ‘gram:@teachmehowtoadultmedia@yunggillianaire@cailynmichaanFollow us on TikTok: @teachmehowtoadult Subscribe to my Substack:teachmehowtoadult.substack.comFollow us on the ‘gram:@[email protected] on TikTok: @teachmehowtoadultSubscribe on YouTube