How I Earned $10,000 in May 2020 with 6 Streams of Income and No Job

by | Jan 8, 2024 | Vanguard IRA | 35 comments

How I Earned ,000 in May 2020 with 6 Streams of Income and No Job




How I made $10,000 in May 2020 without a job?/6 streams of income

I made over $10,000 in May 2020 without a job! 75% of the income came from passive income. 25% of the income came from active income. And no, the stimulus check is not included. We are economy recession. One can not rely on stimulus checks to live on. Feds continuous printing money will cause inflation in the future. How to create multiple streams of income to support ones’ life and future retirement become a goal of many. In this video, I will show you how I made the money from 6 streams of income in the month of May without a paycheck from a job and without the help from the stimulus checks.

Tags: #multiplestreamsofincome, #nojob, #passiveincome

Time stamps
0:00 intro
1:30 first stream of income
1:53 Second stream of income
2:14 third stream of income
2:45 fourth stream of income
3:06 fifth stream of income
4:13 6th stream of income
5:21 dividends from M1 finance
9:39 dividends from etrade
11:31 Important message to all

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In May 2020, I found myself in a situation where I was without a job due to the COVID-19 pandemic. I knew I needed to find a way to continue generating income, so I turned to various streams of income to make ends meet. Surprisingly, I was able to make $10,000 in that month without a traditional job. Here’s how I did it.

1. Freelancing: One of the first things I did was to offer my skills as a freelance writer. I reached out to various businesses and individuals in need of content and was able to secure several writing gigs. This brought in a decent amount of income for me.

2. Online tutoring: With many schools transitioning to online learning, there was a demand for online tutors. I utilized my expertise in certain subjects and began tutoring students virtually. This provided me with another source of income.

3. Investing: I had some savings that I decided to invest in the stock market. With careful research and strategic investments, I was able to generate a substantial return on my investments, adding to my overall income for the month.

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4. Selling items online: I took inventory of items I no longer needed and listed them for sale online. This included clothing, electronics, and household items. The extra cash from these sales contributed to my income for the month.

5. Affiliate marketing: I partnered with various companies to promote their products and services through affiliate marketing. Whenever someone made a purchase through my unique affiliate link, I earned a commission. This passive income stream added to my earnings for the month.

6. Real estate: I had a property that I was renting out, and the rental income from this property provided a steady stream of passive income throughout the month.

By diversifying my income streams and being proactive in seeking out opportunities, I was able to make $10,000 in May 2020 without a traditional job. This experience taught me the importance of being adaptable and resourceful, especially during challenging times. It’s possible to generate income through various avenues, and I’m grateful for the valuable lessons I learned during this time.

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35 Comments

  1. @EasyWealthBuilding

    Time stamps

    0:00 intro

    1:30 first stream of income

    1:53 Second stream of income

    2:14 third stream of income

    2:45 fourth stream of income

    3:06 fifth stream of income

    4:13 6th stream of income

    5:21 dividends from M1 finance

    9:39 dividends from etrade

    11:31 Important message to all

  2. @EasyCodesforKids

    I love talking about Passive Income! Do you watch Gillian Perkins? She creates a lot of videos about passive income and she has really different ideas for creating different sources of income!! Thank you for this!

  3. @pauldevinemusic7320

    Hi beautiful. This is very interesting. I will learn more. So glad I found you ⚘

  4. @SisimsTVBrenda

    48like sounds great a lot of accounts so interesting this is so amazing and informative dropping my support thanks for sharing I enjoyed watching till end great job

  5. @leonardjohnstone9904

    Well done just found your channel. I will subscribe to learn more. Would like to learn more about the types of shares that you have purchased, why. Excellent presentation. Going to look at your other videos to learn more

  6. @MAKEMONEYMARK8

    Wow ur doing so well. I haven’t made a cent online.

  7. @YogawithYong

    this is such good video, thanks for sharing your income stream. I have been hoping to learn how to divide my income stream. I am new friend here will come back for other videos.

  8. @makesaveinvest1401

    Wow lady!! You're enjoying already that compounding of systems that can carry you without depending on a boss!! Very inspiring!! I loved it!!

  9. @veraawuah

    Thanks for sharing these tips with us about your 25% active income and 75%. I will find more about the E-trading

  10. @ThewayforwardSG

    Good video. Alot of good information.

  11. @bennybusiness334

    Yeah it really is all about having multiple streams of revenue. Great video my friend

  12. @RichardGoddard

    Great breakdown, I only have 4 sources but working on getting a couple more!

  13. @noel_lopez

    Congrats on the income, this was really cool to learn about. Small youtuber here and enjoying your content, its really interesting. Keep it up!

  14. @CanadianFinancePro

    Well done! I think multiple streams of income should be everyones goal, especially in times like these!

  15. @Maricelsadventure77

    Hi sis…Im here to learn more and get knowledge how to get passive income. Thanks for this informative and helpful tips;) Hope to see you around and have a bless day…

  16. @maktasya9305

    L36. s 539done
    nice upload sist
    frd come to my kitchen pls.

  17. @SecronCapital

    Multiple streams of income!

  18. @gigimccoy1753

    Nice income streams. I need to work on mine.

  19. @citizenoftheyearCC

    You have invested very wisely to have that much money in net worth! Hope the Real Estate hasn't been giving you trouble during these times.

  20. @trevorhassel8296

    You are killing it! working on building multiple sources of income as well!

  21. @decdoesinvesting622

    Wow 6 streams of income is amazing! Keep up the good work!

  22. @investingforbeginnerscommunity

    SUB # 534 great video, you made some good points in this video. cant wait to see your next video!

  23. @sjun0255

    30 like very nice

  24. @AdventuresandUs

    Dang..one day I will have 6 as well hahaha. Sorry I interrupted your recording lol. I always like hearing about your trades and your style.

  25. @bsquaredbudgets2926

    Fantastic passive income! Subscribed and will be checking out your other videos. 🙂

  26. @InvestingEducation

    6k from ur rental property every month. U r rich

  27. @99maikavlog41

    Thanks buddy for share information this tip so good xx I like full watching x have a beautiful sunday to you xxxxx

  28. @FunandBudget

    Oh wow…I have about 4 main streams of income. I love seeing yours and how every bit adds up…nice job.

  29. @pandabossanna

    Great minds think alike – I just posted the same video 🙂 although not quite 10k for me lol. I forgot to add the cashback credit cards into my report though, I need to remember that for next time – such a good passive income! You've done so well though, that's an amazing amount to make 🙂

  30. @DividendIncomeBloodhound

    Very inspiring stuff! Love it, keep up the great work! Income left right and centre just the way it should be for the wealthy

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