This one will be short because trust me, it is challenging to write about earnings of $1.28. :)
The income was a combination of dividends from my stocks, interest from peer-to-peer lending, staking rewards from my cryptocurrency investments, and the first money ever from my Medium reads.
Why am I writing about it? To motivate other people. Join me on my journey towards building multiple streams of passive income, starting from scratch in January 2023. My first passive income of $1.28 may seem small, but it’s a big step toward my goal. I want to document and share the different strategies I use to build my passive income streams so that others can also learn and earn extra money.
One of the biggest lessons I learned was to think twice before making purchases. I had some expenses for tools that I felt I needed but ended up not using. You should always try out the free version of any tool before investing in it (if there is any). This will save you money and help you avoid impulse purchases that don’t fit your financial goals.
To reach my financial goals, or maybe one day achieve financial freedom, I am more motivated than ever to continue building my passive income streams. The dopamine boost is insane! The first big achievement was crossing 100 followers. And as a bonus, I was thrilled to see that my journey inspired some new people, for which I am incredibly thankful.
“Financial independence is about having more choices.”
— Robert Kiyosaki
Conclusion
My first passive income of $1.28 was just the beginning. Whether you’re starting small or big, the most important thing is to start, and the rest will follow. So, take the first step towards financial freedom today and begin building your passive income streams.
Good luck!
Steve
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