El Dinero Report November 2020 | WEARESUMA

6 Income Streams that DO NOT Come from Working a Job

6 Income Streams that DO NOT Come from Working a Job

Would you like to make money without taking on another full time job? Is having new income streams calling your name? Our friends at Entreprenuership Facts gave us six ways to add more money to your pocket 💵👀


1. #ProfitIncome is when you buy and sell items either in-person or virtually. Platforms like Offerup, Wish, and Poshmark are great places to make some extra cash selling your old stuff. Maybe your old unused jugetes can bring joy to some kids. 🪁🏓

2. Is your neighbor a few dollars short from buying a new parilla for the cookouts? Loan her the money with a fixed interest rate. You can manage this through apps like Zirtrue 📲 Not only is it loaning in a responsible way, there’s a digital agreement, automatic loan payments, payment notifications, reminders, and a dashboard to manage it all. 😍


3. Dividend Income refers to any distribution of a company’s earnings to its shareholders from stocks or mutual funds they already own 🤔 While dipping your toes into the stock market can be risky, it can also lead to great rewards if you make calculated choices.


4. Do you have a spare room or a second property collecting dust 🏘? Flip that space and make a profit by renting it out! It’s spare money waiting to be collected💰!

5. Let’s talk about your limited edition luchador set 🤼 that is now worth 10x what it was back when you got it. Capital Gains can be made off of items that have gained value over time ⏳! Selling items for more than what you bought it for is another great way to make more money!


6. Lastly are you a great artist 👩‍🎨 , musician 👨‍🎤 , or writer 📝? You can make money from people using or sampling your work! Go to your local businesses and design their business cards, launch your writing tutoring side hustle, submit your music to blogs! The possibilities are endless!

Which one of these strategies are you excited to add to your income streams? 😍

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