Human have needs. One has to pay rent at the end of the day. Every day, he has to eat at least three meals in a day. There is also the need for clothing. One cannot walk naked. He will have to dress in the most fashionable manner possible. Because of all these personal needs, one has to earn an income. Of course, there are various ways of earning an income. Some people usually do that through employment and others through starting businesses. The best income is passive in nature. Knowing how to make money with a blog will make one a passive earner.
Active income is earned through breaking sweat. Such an income has its own limitations. There are just a limited number of hours that a person can work in a day. Thus, if one depends on a job that means that he will only earn for the eight hours of work. He will not be paid anything beyond that.
Running a business is not in any way better than being employed. Of course, there is the rare business success story. However, what most million dollar entrepreneurs usually intentionally forget to indicate is the long and torturous journey to success. Business income just as employment income is active income. One has to work to earn an income. That is the reality.
The opposite of active income is passive income. This is income that is earned even when one is sleeping. Of course, some effort will be dedicated to building a passive income system and maintaining it. However, such an effort will be far little than the effort dedicated to running a business or being in active employment. Blogging is passive income.
Setting up a blog is easy. One will only need to set up the blog once. There will be little or no maintenance. Best of all, the maintenance exercise can be outsourced. Blogging simply involves writing an article. If one writes on a topic he knows, that will take less than an hour. However, the article will continue earning money for years and decades to come.
Of course, one has to find a suitable blogging topic. This needs to be a topic that one can comfortably write on. After doing so, one has to set up his own blogging platform. If one is new to the industry and money is a problem, the free alternative will suffice. As a matter of fact, this will require zero capital.
The best option is the paid alternative. This will give an individual complete freedom. He will control the root of the domain. Thus, he will be able to alter the source code at any moment in time. Of course, one will need to purchase a domain and a hosting account. There will be monthly hosting charges and yearly domain fees.
One can do blogging for the fun of it. In fact, that is what most bloggers do. Something that one starts for fun can end up being a serious earner. Some people started blogging for fun and they ended up being million dollar bloggers. As a matter of fact, there is a lot of money to be made in the world of blogging.
Active income is earned through breaking sweat. Such an income has its own limitations. There are just a limited number of hours that a person can work in a day. Thus, if one depends on a job that means that he will only earn for the eight hours of work. He will not be paid anything beyond that.
Running a business is not in any way better than being employed. Of course, there is the rare business success story. However, what most million dollar entrepreneurs usually intentionally forget to indicate is the long and torturous journey to success. Business income just as employment income is active income. One has to work to earn an income. That is the reality.
The opposite of active income is passive income. This is income that is earned even when one is sleeping. Of course, some effort will be dedicated to building a passive income system and maintaining it. However, such an effort will be far little than the effort dedicated to running a business or being in active employment. Blogging is passive income.
Setting up a blog is easy. One will only need to set up the blog once. There will be little or no maintenance. Best of all, the maintenance exercise can be outsourced. Blogging simply involves writing an article. If one writes on a topic he knows, that will take less than an hour. However, the article will continue earning money for years and decades to come.
Of course, one has to find a suitable blogging topic. This needs to be a topic that one can comfortably write on. After doing so, one has to set up his own blogging platform. If one is new to the industry and money is a problem, the free alternative will suffice. As a matter of fact, this will require zero capital.
The best option is the paid alternative. This will give an individual complete freedom. He will control the root of the domain. Thus, he will be able to alter the source code at any moment in time. Of course, one will need to purchase a domain and a hosting account. There will be monthly hosting charges and yearly domain fees.
One can do blogging for the fun of it. In fact, that is what most bloggers do. Something that one starts for fun can end up being a serious earner. Some people started blogging for fun and they ended up being million dollar bloggers. As a matter of fact, there is a lot of money to be made in the world of blogging.
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