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CaptureYourPurpose Academy

40 members • $14/month

1 contribution to CaptureYourPurpose Academy
#0015 ✨ 7 Ways to Create Passive Income
One of the greatest shifts in wealth creation is learning how to let money work for you, instead of you always working for money. Passive income is the key — and the good news is, there are many ways to build it. Here are 7 practical ways to create passive income: 1. Property with Positive Cashflow 🏡Rent out rooms, create dual occupancy, or list on Airbnb to generate monthly income while your property also grows in value. 2. Refinancing to Reinvest 🔑Access equity from your home or investment property tax-free, then reinvest into other cash-producing opportunities. 3. Crypto & Digital Assets 💻Holding, staking, or yield farming in strong projects can generate returns while you sleep. 4. Subscription-Based Businesses 📩Memberships, email lists, or online communities bring recurring monthly revenue. 5. Online Training Programs 🎥Build once — sell many times. Courses, e-books, or digital coaching create income without trading time for hours. 6. Dividend-Paying Stocks 📈Own shares in reliable companies that consistently pay dividends, giving you cashflow plus growth. 7. Royalties & Intellectual Property 🎶📚Earn from books, music, creative works, or licensing your expertise. Every idea you share once can keep giving. 💡 Takeaway:If you’re just starting out, pick one or two streams to build first.If you already have one or more, think about adding another to your portfolio to multiply your wealth. 👉 This week’s exercise: Map out which of these streams could realistically generate $5K+ extra per year, and then which have the potential to grow into $5K–$10K per month in passive income. The real goal is freedom — creating income that serves your purpose and your future. Drop a comment: Which stream are you working on now, and which one could be next for you?
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5 members have voted
#0015 ✨ 7 Ways to Create Passive Income
3 likes • Sep 26
Royalties & Intellectual Property is #2
1-1 of 1
Darren Fielding
1
2points to level up
@darren-fielding-7429
Find, Fund & Fulfil Your God-Given Life Purpose and Life Message (Outdoor Adventure Experiences & Dream Coaching for Entrepreneurial Adults)

Active 5d ago
Joined Sep 17, 2025