Of course, every person wants stability. A good job that brings regular income is good. However, it’s even better if there is passive income, ideas, who will help minimize labor and achieve a stable salary without any action. We are talking about the opportunity to earn money without performing complex tasks. That is, you need to think once about where to invest capital, what kind of business to open, so that in the future the money will work for you. To achieve the goal, you need to come up with something special that will be in demand for a long time.
You must understand that in order to organize and promote a source of passive income, you need to invest well in business, you need to study different niches of entrepreneurial activity and work hard. At the same time, the most important thing is a good idea, a unique solution that will be useful for society. In this article we will look at several ready-made passive income schemes.
Investments as a tool for passive income
Yes passive income ideasAs financial investments have been in demand for many years. If you believe the chronicle, then this method of earning money appeared almost along with currency, or rather money. The advantages of this method of passive income include simplicity. Here you don’t need to think about complex diagrams and “rack your brains” over logical chains. It’s enough just to invest money in a promising project and wait for your bonuses. However, there is another side of the coin due to risks. In this case, the amount of your income will depend on the amount of money invested.
You can understandhow to create passive income from scratchwithout investing, only if you create something of your own. If you have no ideas, it is better to pay attention to modern PAMM accounts. We are talking about an innovative method of investing money, which has so far proven its reliability. However, this lesson requires a competent approach and attentiveness.
Renting out real estate
Creating Passive IncomeIt occurs more easily in people who have inherited something or managed to save money for property. Having your own property, you don’t need to think about investments and alternative solutions for money circulation. Here you can get by with simple logic - resources need to be used wisely. That is, it is enough to simply rent out real estate and receive money for it. There are practically no risks, everything is legal and quite profitable.
At the same time, a certain sequence and pattern should be taken into account. The cost of an item does not always correspond to the purpose. In some cases, it is not practical to rent out an elegant, spacious house with fine furnishings because there are no clients for it. At that time, people were willing to pay significant money for a “one-room apartment” in the city center, even with “dead renovations.” Consequently, there is a dependence on the target audience. On the other hand, a crisis can leave the borrower without profit, because not everyone can afford such an expensive pleasure. We have to rent out real estate at a low price. But this is fraught with loss of money. Over time, you will still have to make repairs, and no one can cancel the payment for utilities in an unstable economic situation.
The disadvantages of such income include high costs. To buy real estate you need to invest well. Moreover, the cost of rent directly depends on the quality of finishing and interior design. If you have no property, then there is nothing to rent. Purchasing an apartment or house specifically for renting out is not always rational. However, suchideas for passive incomeare advisable if there are savings and the value of the property is falling. You will be able to develop the property over time and recoup the costs in the future. Besides, extra square meters never hurt. As for recommendations, it is better to rent on a daily basis. Thus, you can earn one and a half, or even two times more than if you rent it for a month.
Finally, I would like to say that today the rental of any real estate, not just residential, is in demand. Therefore, if you have a plot of land in a good location with developed infrastructure, income is guaranteed.
Dealing with copyrights
It is necessary to distinguish one-time author's work from passive income. If you write abstracts, dissertations, scientific articles, this is a one-time income, if you fill your own resource, this is permanent. Deserves special attentionpassive income new business ideas,which includes the development of software and photographs.
Software development. Today, the profession of a programmer is considered a prestigious job. This is an excellent opportunity to make a good fortune and achieve high passive income. To implement an idea, you need to create something of your own: a unique algorithm, program or code. The more extensive the development tasks, the more downloads, the more traffic, the more money!
Passive income business, ideaswhich are related to programming, it is better to create them on the basis of well-known operating systems. For example, iOS, WINDOWS or ANDROID. If you can develop an interesting game or program for these giants in the field of modern technology development, you will definitely be guaranteed high earnings. Firstly, you can receive money for user visits, secondly, for advertising, and thirdly, a good program or game can be sold.
Photographs. For many centuries, the works of talented artists, writers and musicians have been in demand. At the same time, over the past decades, gifted photographers have not remained without work. We are talking about a kind of art that requires the presence of certain knowledge and skills. But, if you feel the potential for developing creativity, you know how to see beauty and know how to show your best side, you will probably be able to help others. Today, selling copyright photographs is a very profitable business that allows you to earn passive income.
Using social networks
If you are interested in a goodpassive income, investment ideasof an insignificant nature, it is worth reconsidering your attitude towards entertainment. Many people don't profit from spending time on social media simply because they don't know where to start and they find the business difficult. In fact, the active part of such commercial activity takes little time. The main thing is to create the right strategy for using media resources. Then you can quickly earn passive income by publishing interesting files and information.
In particular, you will need to create public pages in the profiles of such social projects as VKontakte, Twitter, Facebook, etc. By promoting groups in the future, you will be able to sell advertising space and make a good profit.
Online projects
Last timepassive income business ideasare closely related to working online. If you know what interests modern society, you have your own views and extraordinary thinking. If you read a lot, have competent speech and know how to present information beautifully, then you should think about developing some kind of resource. Any good ideas and the right strategy will definitely lead to visitors and traffic. Therefore, you can get money for clicks, earn money from advertising and make good money through passive income
The advantages of commercial activity through your blog or website include minimal risks and costs. You don't need to buy anything other than hosting and a domain if you know how to write and post information beautifully. However, even without the skills and knowledge, you can invest several tens of thousands of rubles. Then the income will grow along with the number of users.
Deposits
Passive income ideas in a small towninvolve investing money in banks. This is one of the oldest methods of increasing income. Living on interest is really convenient if you have starting capital. Many people refuse deposits, focusing on otherspassive income ideas without investments,because they believe that interest brings income only from large deposits. In fact, you need to take into account that interest accrues from interest. Now imagine how much money you can earn after 10 years if you deposit at least 50,000 rubles.
Advertising development
Since time immemorial, this business has brought good profits. Newpassive income ideasallow you to earn good money without leaving your home. Of course, we are talking about development in network marketing. New online stores are appearing every day, trying to sell their products through the World Wide Web. Naturally, such projects require advertising. And then you appear with offers to post on your websites, pages, etc. In addition, individual entrepreneurs, various lawyers, doctors and photographers create companies every day. They all need your help too.
If you are interestedpassive income ideas from scratchIt's definitely worth working in the marketing field. As for advertising, it can be not only online, but also in real life. But it’s much easier to shoot videos and write texts than to go door to door and talk about a product or service. If anything, in the 21st century, advertising on the Internet is more beneficial. According to statistics, such advertising is even more profitable than television advertising. Even expensive posters and shop windows cannot compare with such measures.
Best Passive Income Ideas
Best Passive Income Ideas – this is, of course, something of its own. You can use the proposed solutions, pay attention to proven schemes, but it is much more pleasant to make a profit knowing that you are useful to someone, your work is useful to society, and you are not exploiting other people’s thoughts.
If you have any individual skills, strive for knowledge, and appreciate the work of others, you will definitely be able to earn passive income. The main thing is to think about what is the best way to realize your potential.
Conclusion: There are different options that provide passive income, ideaswith and without investments have their disadvantages and advantages. Decide which solution is right for you, based on the amount, available start-up, and individual abilities. However, the most important thing is desire. You need to love your business and money. Remember that they love to count and coins need to be put into circulation. Only in this way can you achieve passive income! We also recommend that you read the material - “" And "".
Did you like the article? Share with friends on social media. networks:How to create passive income - 14 working methods + 12 tips for beginning businessmen.
To answer the question: how to create passive income, you need to understand how passive income mechanisms work, how money accumulates in your account, and also what to do in order to start earning money without investing your time and effort?
Features of creating passive income and its difference from active
The main difference between passive income and active income is that it does not require investment of time and labor.
The money arrives into the account by itself.
Of course, you will have to put in some effort to ensure that the profit flows into your account, but it pays off and brings you money in the future.
Active income requires constant work, visiting the workplace and performing one’s duties.
To receive passive income, you need to perform certain actions once to receive it.
Receipts will occur over a certain period of time.
To get rich, you must have at least 1-2 sources of passive income, in addition to the main income received from a permanent job.
Many people talk about this in their books and interviews.
When creating several sources of profit, you can completely leave your work activity “to your uncle” and start your own business.
How to create passive income: 14 best ideas
Government payments.
They can be received by disabled people, large families or people who have retired due to age.
Bank deposit.
Investing money in a bank as a deposit is not a big passive income, but for the most part allows you to save money.
However, it is still quite possible to receive not an extra 3-10 thousand per month from a large amount.
Sale of securities and mutual funds.
A good option for long-term capital investment with the aim of making a profit.
However, it must be approached very carefully.
Gather all the information about the organization in which you are investing your money.
Income from shares becomes large only after about 7 years have passed since their acquisition.
Own business.
A very good option for receiving passive income, but it requires a lot of effort and time before it starts to generate profit.
Venture investments and profits.
To receive venture capital royalties, you must invest in a newly launched company.
After a few years, you can start receiving a very substantial amount, depending on the amount of the contribution.
Investing money in investment and trust organizations.
Profit is generated through the redistribution of capital.
However, in this case there is a high risk of losing your investment.
Purchase of housing under construction and its sale after construction.
A profitable option if you have the funds to purchase one or more apartments under construction.
You will buy it for 500,000 rubles, and sell it for 1,000,000.
However, most likely, you will have to make repairs, at least cosmetically.
When choosing a developer, you should be extremely careful.
Buy housing only from reliable, well-known developers who have been working in the housing market for several years.
Create your own website or blog on the Internet and promote it.
In this case, passive income is achieved by paying for advertising.
On average, on one site, a beginner can earn about 12,000 rubles.
But you can sell a site where the total number of visitors exceeds 5,000 people for 200-250,000.
You can not only make passive money from this, but also build a highly profitable business.
An alternative to the website is maintaining a VKontakte group.
One well-promoted group can bring the owner from 8 to 15,000 rubles per month.
What if there are five such groups?
Selling your own seminars and training courses.
This option is suitable for those who have graduated from a higher educational institution and have a diploma with the right to teach.
The most difficult thing is recruiting listeners.
However, if the topic is interesting, people will find you.
To write a book.
Income from the work "royalty" goes to the author until the book is removed from sale.
Create an intelligent product.
For example, a computer program.
By obtaining a patent for it, you can also receive regular royalties from sales.
Or a car.
Even a one-room apartment can generate income comparable to the average monthly salary of a citizen in Russia.
Renting a salon, hairdresser's place.
The average price of one seat in a salon per month is 8,000 in a small city, and the average price of a salon is more than 20,000 rubles.
Finding the best option from the many existing ones is not a matter of one day.
You should carefully consider the steps, evaluate the initial capital and decide what is best suited.
Many people, thinking about how to create passive income, do not want to do anything about it.
However, in the beginning you will have to work hard in order to reap the sweet rewards in the future.
12 tips for beginning businessmen to create passive income
To become a free person in terms of finances, not to depend on the opinion and mood of the employer, you will have to work hard.
- To become a wealthy person, strive to create several sources of passive income.
- Improve your financial literacy.
- Break your cash capital into several parts and invest in different projects.
- Find a mentor or coach who has already walked your path and can give you some ideas.
- Be prepared for the fact that to create good passive income you will have to work for some time, invest not only money, but also time and effort.
You are always looking for the best option for investing and starting a business.
Look for new assets that will later turn into liabilities.
Be an educated person, read books, attend courses and lectures.
Live the life that rich people lead.
Before investing money, study all the options, do not invest money at random.
Always have on hand the necessary documents confirming your investment in a company or bank.
Calculate the risks of losing your invested money.
If the risks are minimal, take the risk.
However, if intuition and common sense scream that the investment is not worth making, stop, no matter how profitable the offer may seem.
Think about your future every day.
Decide what you want to achieve.
Open your website on the Internet and develop it.
If there is a lack of capital, the site can be sold for a good amount of money.
Don't try everything at once.
Focus on one project, and when you finish it, try another.
By focusing on several projects at once, you can get confused and lose your investments.
How to create passive income on the Internet?
Organizing your own financial project is a great way to create passive income.
You can open a business both in real life and on the Internet.
If there is no initial capital, or it is relatively small, the option of creating a business on the Internet is preferable.
Choose the business that you are best at.
This could be website creation, group administration on social networks, copywriting, Forex trading.
To start trading on the Forex exchange, you need to undergo a month of training and conclude several trial transactions.
At the initial stage, invest the minimum amount and develop.
Robert Kiyosaki talks about how to create passive income in the video:
How to create passive income and gain financial freedom?
In books on self-development, achieving success and wealth, millionaires give advice on achieving financial freedom.We have selected the best ideas:
To avoid remaining poor throughout your life, find time to create passive income, even while working your day job.
In a month or a year, these efforts will more than pay off.
Always strive to create as many sources of passive income as possible.
When you make a profit, invest it again.
Develop yourself.
Financial literacy is a prerequisite for those who want to get rich.
Start by at least reading books by the world's millionaires and billionaires and follow their advice.
People who think about how to create passive income, are already a step above the rest.
Move forward, apply the recommendations we have described and become a millionaire.
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Due to numerous requests from readers... So get ready, pour yourself some tea or coffee, make yourself comfortable - this will be a voluminous, but very useful article! 🙂
How would your life be different if you made a few hundred or thousand dollars a month without actively working?
Perhaps you could get busy which you have always dreamed of. Maybe you would travel more around the world. Perhaps they would move to live in another country with a better climate and quality of life. Some would spend more time with their family and take more care of their health. And someone would combine All the above! And passive income just allows you to realize these ideas.
The idea of passive income is so attractive for people all over the world precisely because it allows a person do more of what he likes and minimize what he doesn’t like.
Clarification
I want to immediately clarify one point - I have not come across any “passive” income. Almost every passive income requires some work, at least in the beginning, after which it can generate income for a very long time without requiring your active involvement. 
So, let's look at the main types of passive income.
Rent out real estate
You can purchase residential or commercial real estate for rent, or you can rent out the property you already own (for example: an apartment, house, cottage, garage, basement, attic, etc.). You can even rent out part of your home (for example, one of the rooms, using the service . You can get confused and pass through).
Rent out your home and move into a rented one yourself
Don't want to share your home with anyone? You can rent out your own, more expensive housing, and also rent another, but cheaper one yourself. The difference in these rents will be your additional passive income.
Sell your accumulated trash and junk
If you think that these are pennies that are not worth spending time on, look at how my wife and I for thousands of dollars! Many of these things have been stored since student days and have cluttered our house for years.
Turn your car into a means of earning money
You can rent out your car to taxi services, or you can use it as an advertising medium. Similar services have been present in big cities for a long time.
Deposits
Deposits are one of the easiest and an understandable way for the population to save money and earn passive income. It's simple - you give the bank your money for a certain period, for which the bank charges you interest. The return on deposits is usually low and does not cover inflation, therefore, this method of earning money is only suitable for short-term strategies.
If you know a subject (no matter what topic!), write an e-book and sell it on your website or on special platforms for selling e-books. Writing a book takes anywhere from a few days to 2-4 months, but once you write it and post it on book platforms, it can provide you with passive income for years.
Create a video training course
The idea is the same as with an e-book. If you are an expert in some field, record a training video course and sell it on special educational platforms (see the complete list of platforms for creating video courses ) or on your website.
Create or buy a ready-made online store
If you already have goods for sale or you know how to arrange supply, sales and delivery, it’s time to think about your own online store. There are services that allow you to automate delivery, storage, accounting, sales, payment acceptance, discounts and promotions, and even marketing.
Start your YouTube channel and make money from advertising
You can shoot simple videos (including on a mobile phone) - music, educational, comedy, movie reviews, equipment - anything!YouTube will show people ads before or while playing your videos, and you will receive money (with monetization enabled and AdSence connected).
Earn money from advertising on your site
If you have your own website, you can (should) enable advertising (AdSense or any other). This is done in different ways (read on the Internet) and is generally very simple. People come to your site, read or watch something, and are automatically shown an ad. You get paid for views and/or clicks from your readers. See examples of advertising at . Subscribe to my articles to see how it works in the articles :).
Credit card bonuses - No No No!
My readers know very well my opinion about plastic cards - do not deceive yourself with the attitudes “I pay off the debt on the card every month” or “I earn miles or cashback” and other nonsense. Just ask yourself the question, from what…. does the bank give you free money, miles, cashbacks and other goodies? 🙂 I explain in detail here: In a nutshell, try to get rid of this source of “income”, because... in the end you will lose much more than you earn. Trust the person who had more than 20 mega-cool cards))) Also read and watch:
Do you like photography and are you great at it? Then you can sell your pictures or videos through photo banks such as Shutterstock, Depositphotos and iStockphoto You will receive a percentage or flat rate for every photo or video sold through these photo banks. You upload your photos and videos to one or more platforms, and that's where your activism ends.
Microloans - NO NO NO!
Microloans are a disgusting tool for robbing financially illiterate and desperate people. People take a small amount “before payday” at 100-200 percent or more per annum, thinking “just think, the interest will be only 500-1000 rubles. It’s just pennies.” There are platforms that offer you to become a lender and receive a certain percentage from it. I won’t give links because... I am categorically against earning money that drives other people into a financial abyss.
Accelerated repayment of loans and debts
Every penny you pay to the bank is a penny that could be (passively) making you money! Debts, like termites, devour and destroy the financial well-being of a family. It is important to understand that for every dollar (ruble, etc.) returned ahead of schedule, interest will not accrue (for months or years in the future) and all these months or years you will be able toearn interest yourself rather than pay it to the bank.
Example: If instead of a 20-year mortgage, in the amount of 3 million rubles. (~ 50 thousand dollars. This is a studio or one-room apartment in St. Petersburg), taken for 20 years, at 12%, set aside the same money that you will pay monthly to the bank (the monthly payment will be 33 thousand rubles), at, say, 8% - in 20 years you would have accumulated an amount approximately equal to 20 million rubles (~300-350 thousand dollars) due to ! This amount would be enough to provide you with an income of 1.5 to 3 thousand dollars for the rest of your life per month! With that kind of income, you could live well in any country from east to west! By the way, this amount would put you in the 5-10% richest people on the planet! Make sure of this .
Change jobs
If you are sure that you are being paid below the market, attend interviews and change jobs! Thus, you will provide yourself with additional income for many years in the form of the difference between the old and new salaries. This can be very scary to do, because... We, people, become attached to the team, to the work being done, to status, to various bonuses, to stability, etc. We are afraid to take risks and change something. However, every fear has a price! If you're losing hundreds or thousands of dollars a year, it's time to stop being afraid and start taking action!
Ask for a raise
You can change your job for a new one, or you can ask for a raise. If you find out (and don’t just think so) that you are objectively worth more, if you bring value to the company that you can evaluate and show to management, if you are not easy to replace, ask for a raise. Read: .
Get everything from the state!
Take everything from the state what it provides by law. You may not pay (that is, you will return this tax to your family) tax on purchased real estate (up to 260 thousand rubles or 4,300 dollars), for interest on a mortgage (390 thousand rubles or 6.5 thousand . dollars), for training and treatment, etc.
My wife and I, for example, used tax deductions when purchasing real estate. This returned 130,000 rubles to the family (more than 5 thousand dollars in old money). We received all possible benefits for children, including maternity capital (450 thousand rubles or 7.5 thousand dollars).
In addition, you can getsubsidies(compensation) from the state to pay for communal services, to create/develop a business, payments to mothers under Maternity Capital certificates, try to get preferential housing (for some categories of citizens),social benefits for the birth of a child, etc.
You can buy a blog or a ready-made online business
Thousands of blogs and online businesses are created every year, and many of them end up abandoned after some time. If you can find and purchase a blog/online business with a sufficient flow of visitors, then you can make good money from it. Blogs typically sell for 24 times monthly income, giving a 4.2% (100/24) return (typically in dollars) - which isn't very high, but not very low, considering the rates on dollar deposits in banks. Plus, a blog or online business can be developed and earnings increased.
Participation in reviews, clicks and other online manipulations
Many advertisers pay money for certain actions on the Internet, such as: click on a link, leave a review, like, repost, fill out a form, etc. Accordingly, there are services (eg seosprint, v-like.ru, socialtools.ru, sarafanka.com, prospero.ru, smmka.ru, etc.), which can automate the process and connect advertisers with people who want to earn money in this way. However, calling such income passive can only be conditional.
Stock
A share is a A security that gives its owner the right to a share in the company and to receive part of the profit in the form of dividends.
Company shares can be purchased through a broker. The entry threshold is usually very low. Earnings will consist of two components - the increase in the value of the stock (bought cheaply and sold more expensive) and also from dividends that companies (though not all) can pay to the owners of their shares. However, I do not recommend that non-professional investors buy shares of individual companies, because... Without significant experience and knowledge, such purchases will be similar to betting in a casino. The best solution for an inexperienced investor would be mutual funds or structured products offered by brokers. Such funds/products include many stocks, so a sharp drop in the value of one share will not significantly affect the decline of the entire fund/product.
Bonds/bonds
A bond is a fixed income bond.Essentially, it is a loan agreement between a lender (usually national governments, municipal governments and private companies) in which you lend a certain amount, for a certain period and at a certain interest rate.
The riskiness of this instrument as a rule, very low, but the profitability is also low. However, you can (often) make more money on bonds than on bank deposits. You can also buy bonds through a broker, but the entry threshold can be high, from a couple of thousand dollars.
Mutual funds
mutual funds or Mutual Investment Funds are a pool of money from a large number of investors (like you, for example), which is managed by a management company in order to increase the value of this fund.
Mutual funds can be selected to suit every taste- industry, “blue chips”, etc. The value of your share (the part you purchased in the fund) can go into deep minus and rapidly grow upward. Therefore, this is a long-term instrument, for investing for 5-10 or more years. The entry threshold can start from several tens of dollars or thousands of rubles.
ETFs and index funds
In developed Western markets(for example, American or European stock markets) you can invest in ETFs ( Exchange Traded Funds ) or to index funds (the same ETFs linked to a specific index). These instruments, as a rule, are tied to a certain type of asset (for example, blue chips, shares of fast-growing companies, oil sector companies, stock index of the largest American companies (for example, S&P500), etc. There are a great variety of them and you can choose to suit every taste and attitude to risk!
There are also ETFs on the Russian stock market, incl. denominated in dollars, but the choice is terribly small (there are about 15 of them at the time of writing this article).
You can buy these instruments (in Russia) through brokers, which provide access to foreign markets and instruments.These are very cool toolsallowing you to earn 5-10 percent or more in dollars and get rid of country risk, which is very important for you and me :) Like mutual funds, ETFsThese are long-term instruments designed for investment for 5-10 years or more. The entry threshold is from a couple of hundred to several thousand dollars. These are my favorite passive income tools!
“A dollar saved is a dollar earned!” B. Franklin.
Perhaps none of the methods described above suited you, but there is one way to make money that is available to everyone! This . Saving on yourself is unpleasant. However, saving is “smart” when you save money, but do not noticeably change the lifestyle to which you are accustomed - even exciting and reckless. Hundreds of smart saving ideas .
Investment in yourself loved one!
In all my materials I write and say that money is always a tool (like an axe, hammer or brick), but not an end in itself. Therefore, the most inexpensive investments with the highest short-term and long-term returns are investments in yourself, such as:
- investment in relationships with your spouse, children, relatives, friends. For example, an unsuccessful marriage can put an end to all your investment desires for years and decades and ultimately ruin you. What do you do to keep your relationship alive?
— investments in health- these investments bring income, ranging from savings on the costs of doctors and medications, and ending with the fact that a healthy body greatly affects the health of the “brains”, your thoughts, mood, motivation, which, in turn, affects everything in including the ability to earn more and invest better. Watch me play sports for free.
- spiritual development- we, as a rule, leave this aspect to the very end, although in life it is almost the most important. Your spirit, your mood, your attitude towards life and other people, your life goals influence everything!
What type of passive income should you choose?
Not one alone!None of the tools described above separately will be the right and good solution for generating confident and reliable passive income. Remember - “don’t keep all your eggs in one basket”! As a rule, it is necessary to combine some the tools described above. Something like - part of the assets in cash, part in bonds, part in real estate, part in mutual funds/funds or structured products. At the same time, part of all assets must be in the national currency, and part must be pegged to (for example, the dollar).
Test before invest!And one more thing - no matter what you choose - “test before invest” & “try small” - which means “test, then invest” and “try on a small scale”. You don’t need to use all your money to buy one instrument (for example, shares of a company or mutual fund) that you have not tried before. Buy it for a small amount, try it, make sure everything works well and then increase your investment in this or that tool.
Break down the risks over time!An additional strategy could be to enter a particular instrument gradually - for example, buy such and such an ETF for a certain amount every month. This will help you reduce (but not eliminate) the risks of getting into a bad instrument and losing money.
When should you start creating passive income tools?
The earlier the better! Preferably from school, student, or at least your first job. But, if you haven't done it then, it's never too late to start doing this. It’s just that the sooner you start, the more powerfully (in your place) compound interest will work, whose power grows like a snowball, only after some time. Read the amazing story of Susan, Bill and Chris and you will understand what I mean.
BUT! There is one limitation.I recommend starting to invest only AFTER how you pay off all debts (except the mortgage) and create equal to 6 monthly income (or expenses, if that’s easier for you:). And only after that you can and should engage in investments, making money, etc.
One of the most effective tools for solving these two problems (getting rid of loans and forming a fire reserve) is.
Conclusion
As you can see, there are many types of passive income. Some are very easy to understand and cheap to get into, some are a little more complex and more expensive. You don't need to limit yourself to one tool and you don't need to try to fit into too many of them.
The main thing is not to “sit” forever in the asset, who earns less than inflation (like cash under your pillow or money on deposit), and learn to invest your money in profitable (and passive) instruments. And then, one day, your passive income will start earning more than active income, and you will be able to do what brings you joy for the rest of your life!
It will be useful!
Call to action
What can you do right now? Two things:
First.On your own or with help, make an annual budget for your family, set yourself the goal of “expeditiously paying off all debts except the mortgage” and “forming a Fire Reserve” of 6 months and make these two goals part of your budget.
And the second one!Meet with 2-3 large brokers in your country and city and ask them to tell you about the tools described above, taking into account your financial capabilities and risk tolerance. This conversation will be very useful and will charge you with the necessary motivation to engage in passive income!
Alexey Zenkov
When someone is looking for an opportunity to earn extra income, most often they are advised to find a temporary part-time job. But what if you don't have the time or energy for this? In this case, you need to find ways to generate passive income - earning money with a small investment of time and effort on your part.
Try index funds
Index funds allow you to earn income from investing in the stock market completely passively. For example, if you invest in a fund based on the S&P 500 index, your money will be invested in the overall market, and you won't have to worry about how to manage your money or whether to sell or buy shares of certain companies. All these points will be managed by the fund, which forms its investment portfolio depending on the state of a particular index.
You can also choose a fund that covers any index. There are funds involved in various business sectors - energy, precious metals, banking, emerging markets and others. All you have to do is decide for yourself that this is what you want to do, then invest the money and relax. From now on, your stock portfolio will run on autopilot.
Make videos for YouTube
This area is developing very quickly. You can make videos of absolutely any category - music, educational, comedy, movie reviews - anything... and then post it on YouTube. Then you can connect Google AdSense to these videos, and automatic advertising will appear in them. When viewers click on these ads, you will earn money from Google AdSense.
Your main task is to create decent videos, promote them on social networks and maintain a sufficient number of them to provide yourself with income from several clips. Shooting and editing a video is not that easy, but once done, you will have a source of completely passive income that can last for a very long time.
Not sure you'll succeed on YouTube? Michelle Phan combined her love of cosmetics and drawing with making videos, gained more than 8 million subscribers, and now launched her own company with a capitalization of $800 million.
Try Affiliate Marketing and Start Selling
This is a passive income technique that is more suitable for owners of blogs and active Internet sites. You can start promoting any products on your website and receive a fixed fee or a percentage of sales.
Making money this way is not as difficult as you might think because many companies are interested in selling their products in as many places as possible.
You can find partnership offers either by contacting manufacturers directly or on specialized websites. It is best if the advertised product or service is interesting to you or matches the theme of the site.
Make your photos profitable online
Do you like photography? If so, you may be able to turn this into a source of passive income. Photo banks, such as and, can provide you with a platform for selling photos. You will receive a percentage or flat rate for each photo sold to a website client.
In this case, each photo represents a separate source of income that can work over and over again. All you need to do is create a portfolio, upload it to one or more platforms, and that's where your active work will end. All technical issues related to photo sales are resolved using the web platform.
Buy high-yielding stocks
By creating a portfolio of high-yield stocks, you will receive a source of regular passive income with an annual interest rate that is much higher than the interest on bank deposits.
Don't forget that high-yielding stocks are still stocks, so there's always the possibility of capital overvaluation. In this case, you will receive profit from two sources - from dividends and return on invested capital. To purchase these shares and complete the appropriate forms, you will need to create a brokerage account.
Write an e-book
Of course, this can be quite a labor-intensive process, but once you write a book and publish it on marketplaces, it can provide you with income for years. You can sell the book on your own website or enter into a partnership agreement with other websites that are similar in theme to the book.
Write a real book and get royalties
Just like writing an e-book, there's a lot of work involved at first. But when the work is completed and the book goes on sale, it will become a completely passive source of income.
This is especially true if you manage to sell your book to a publisher who will pay you a royalty on the sales. You will receive a percentage of each copy sold, and if the book is popular, these percentages can add up to significant amounts. Moreover, these payments can last for years.
Mike Piper of ObviousInvestor.com recently did just that. He wrote a book, Investing Plain, which was sold only on Amazon. The first book became so profitable that he created a whole series. These books total .
Get cashback on credit card transactions
Many credit cards offer cash back ranging from 1% to 5% of the purchase price. You still go shopping and spend money, right?
Such bonuses allow you to provide yourself with a kind of passive “income” (in the form of reduced spending) from actions that you perform anyway.
Sell your own products online
The possibilities in this area are endless: you can sell almost any product or service. It could be something you created and made yourself, or it could be a digital product (software, DVDs, or instructional videos)
For trading, you can use a specialized resource, if suddenly you do not have your own website or blog. In addition, you can enter into a partnership agreement by offering goods to sites on relevant topics or using platforms like (American marketplace for selling digital information products - editor's note).
You can learn how to sell products online and earn quite a lot from it. This may not be completely passive income, but it is certainly more passive than a regular job that you have to go to every morning.
Invest in real estate
This method falls more into the category of semi-passive income, since investing in real estate involves at least a small level of activity. However, if you have a property that you're already renting out, it's mostly just a matter of maintaining it.
Additionally, there are professional property managers who can manage your property for a commission of approximately 10% of the rent. Such professional managers help make the process of receiving profits from such investments more passive, but they will take part of it.
Another way to invest in real estate is to pay off a loan. If you take out a loan to buy a property that you will rent out, your tenants will pay off that debt a little each month. When the full amount is paid, your profits will increase dramatically, and your relatively small investment will turn into a full-fledged program for quitting your day job.
Buy a blog
Thousands of blogs are created every year, and many of them end up abandoned after some time. If you can acquire a blog with enough visitors—and therefore enough cash flow—it can be a great source of passive income.
Most blogs use Google AdSense, which pays once a month for advertising placed on the site. To provide additional income, you can also enter into partnership agreements. Both of these income streams will be yours if you own a blog.
From a financial perspective, blogs typically sell for 24 times the monthly income the blog can generate. That is, if a site can earn $250 per month, most likely you can buy it for $3,000. This means that by investing $3,000, you can receive $1,500 annually.
You may be able to buy the site for less money if the owner really wants to get rid of this asset. Some sites contain “eternal” materials that will not lose relevance and will generate income years after publication.
Bonus tip: If you buy such a site and then fill it with fresh content, you will be able to increase your monthly income, and you will be able to sell the site again after some time for a significantly higher price than you paid when buying it.
Finally, instead of purchasing a blog, you can create your own. This is also a good way to earn money.
Create a website that sells
If there is a product that you know a lot about, you can start selling it on a specialized website. The technique is the same as when selling a product of your own making, except that you do not have to deal with the production itself.
After some time, you may find that you can add similar products. If this happens, the site will begin to generate significant profits.
If you can find a way to ship products directly from the manufacturer to the buyer, you won't even have to get your hands dirty. Maybe this is not 100% passive income, but it is very close to it.
Invest in real estate investment trusts (REITs)
Let's say you decide to invest in real estate, but you don't want to devote any attention or time to it. Investment trusts can help you with this. They are something like a fund that owns various real estate projects. The funds are managed by professionals, so you don't have to interfere with their work at all.
One of the main advantages of investing in REITs is that they typically pay higher dividends than stocks, bonds and bank deposits. You can also sell your interest in the trust at any time, making such assets more liquid than owning real estate on your own.
Become a passive business partner
Do you know a successful company that needs capital to expand its business? If so, you can become something of a short-term angel and provide that capital. But instead of giving a loan to the owner of the company, ask for a share of the shares. In this case, the owner of the company will manage the work of the company, while you will be a passive partner, also taking part in the business.
Every small business needs a source of referrals to support sales. Make a list of entrepreneurs whose services you use regularly and whom you can recommend for cooperation. Contact them and find out if they have a system for paying for referrals.
The list could include acquaintances: accountants, landscape designers, electricians, plumbers, carpet cleaners—anyone. Be prepared to recommend the services of these people to your friends, relatives and colleagues. You can earn a commission on every referral just by talking to people.
Don’t underestimate referral programs in the professional sphere either. If the company you work for offers bonuses for referring new employees or new clients, take advantage of it. This is very easy money.
Rent out your unused property on Airbnb
The concept appeared only a few years ago, but very quickly spread throughout the world. Airbnb allows people to travel the world and pay much less to stay than in regular hotels. By participating in Airbnb, you can use your home to host guests and earn extra money just from renting.
The amount of income will depend on the size and condition of your home and its location. Naturally, if your home is located in an expensive city or near a popular resort, the income will be much higher. This is a way to make money from free spaces in your home that would otherwise be empty.
Write an application
Apps can be an incredibly lucrative source of income. Think about how many people have smartphones today. Yes, almost everything! People are downloading apps like crazy—and for good reason.
Apps make people's lives easier. Whether it's helping you post pretty pictures or keeping track of tasks, there's always an app that's useful to someone.
You might ask: If there are so many apps out there, why would you try to create another one? Is there too much competition? This is all true, but fresh, creative ideas can benefit. If you can come up with something unique, you can make money from it.
Don't know how to program? No problem, you can learn. There are a lot of different courses on the Internet, including free ones. Alternatively, you can hire a developer to create an app based on your idea.
The end result is an application that will potentially generate relatively passive income.
Create online courses
Every person is an expert in something. Why not create an online course about your passion?
There are several ways to create and deliver your own online courses. One of the easiest ways is to use sites like
Many people dream of passive income and ask: “How to create passive income from scratch? Where can I find proven passive income ideas? But not many people know that today this type of income has become available to everyone. And largely thanks to His Majesty the Internet! In this article I will expand on the concept of “passive income” (residual income), talk about the sources of this type of income and describe several ideas for creating it that I use myself.
If you have already thought about the possibility of creating passive income and are striving for the life that passive income provides, then this article will be useful for you!
is a type of income characterized by stable cash inflows, regardless of daily activities. Most likely, you have already encountered (or heard of) people who live off passive income. These people usually "don't go to work." Such people are called rentiers.
A rentier is a person who lives off rent - income received from the capital that he placed in business, deposits, income-generating real estate, securities, as well as income from copyrights.
For example, you are an expert in a certain field. This means you can “sell” your knowledge by recording a training course (audio or video, it doesn’t matter). You have created a high-quality course once, and it will generate income for you whenever someone buys it (this can last for more than one year).
We have defined the concept of passive income. Now answer this question for yourself:
Why do you need passive income?
Many are attracted by luxurious life - luxurious beaches and houses, cars and yachts. But some people take this life calmly and are happy with what they have. I am one of these people because I understand that a luxurious life is just the tip of the iceberg.
I think the main advantage of building passive income is that you will be able to free up your precious time for your favorite activity, which you cannot do now because you are “working at work.” I know people who would like to devote themselves to serving other people - the homeless, children in orphanages.
With the help of passive income, you can start making your dreams come true.
2. “Money goes to money”?
The expression “money leads to money” quite often justifies itself. Today, it so happens that people with average incomes spend all the money they earn without a trace, purchase goods on credit and borrow from friends and acquaintances until their salary or advance payment.
Why does it happen that people 30–40 years old cannot earn a good living? Now I will answer this question.
IMPORTANT! The point is: people don't know how to focus on creating assets. capable of solving material problems. It turns out that people are driving themselves into financial slavery, which is flourishing these days.
The educational cartoon, which you will find at the end of the article, presents the basics of personal finance in simple language and classifies people depending on their ability to manage them (which category do you belong to?):
1. Zombies (financial). Their expenses exceed their income and their assets are negative. Those. they live from paycheck to paycheck and are always in debt. Almost all their money goes to pay off their debts.
2. Kamikaze (financial). Their p A collections are approximately equal to their income, assets are negative. They often look wealthy: they have an apartment, a car... However, this is all on credit. They walk on the razor's edge, and in case of unforeseen circumstances they easily fall into the ranks of financial zombies!
3. Maniacs (financial). Their income is equal to or slightly higher than their expenses, and their assets are zero. They usually have no debts, but they also have no savings. They are at the mercy of the consumerism syndrome: they never have extra money, because they will always find something to spend it on right away.
4. Turtles (financial). Their income exceeds their expenses and their assets are positive. They have no or minimal debts, they have savings. But like turtles, they accumulate slowly, because they prefer to keep their savings under the mattress, and the most advanced turtles keep their savings in a bank.
5. Sages (financial). Their income exceeds their expenses, their assets are positive. They differ from turtles in the level of investment. Investments of net assets generate passive income for them.
Do you recognize yourself from the description? For example, I see that since I started thinking about personal finance and studying books on financial literacy, I gradually began to move towards the 5th category.
In order to learn how to create assets, I highly recommend that you read books on financial literacy by the famous businessman and investor Robert Kiyosaki. And be sure to give these books to your children to read. Start with books Rich dad, poor dad And Cash Flow Quadrant. If you prefer books in “paper” form, you can purchase them, for example, on Ozone (they have free delivery) - Rich dad, poor dad , Cash flow quadrant.
I like Kiyosaki’s simple but very effective advice for creating your own asset. As soon as you receive some income, you begin to distribute it to others - pay for an apartment, for school, for a hairdresser, for a concierge at the entrance. You give your money to everyone, but not to yourself! This is a fatal mistake for everyone who has not yet built passive income.
You must first of all “give” money to yourself, and therefore to everyone else! In this way, you will begin to create your asset and then you will be able to increase it by investing in your business or in some other way (which we will discuss below).
Here's a simple exercise. You can easily become a millionaire if you save just $1 a day! Don't believe me. Then open any deposit calculator on the Internet, for example this one. And you will see that if you give up one cup of coffee a day for 30 years (figuratively speaking), you can become a “hryvnia” or “ruble” millionaire.
I can't believe it?! Look at the screenshot: a deposit at 12% with monthly top-ups of only $30 ($1 per day) with monthly capitalization will turn into 2.7 million hryvnia or 7 million rubles ($108,000). And it's only $1 a day.
TIP #2: UNDERSTAND that someone who works all day has no time to make money!
John Rockefeller said: “He who works all day has no time to earn money!” Think about his words.
Indeed, working in an enterprise, production, office, or no matter where, people earn money for “current” expenses. And you can become a millionaire only in your free time from your main job.
It follows that TIME IS OUR MAIN WEALTH. Remember: “Time is money” - this is what wealthy people take advantage of.
Let's consider the day of an ordinary person: in the morning he goes to work, in the afternoon he works all day, in the evening he goes home. On the way home, perhaps he goes to shops, cafes, and at home - dinner and TV. Naturally, such monotony does not set the stage for progress in the future, especially if you take into account that many make money by doing something they don’t really like to do.
Naturally, the creation of passive income is preceded by active work for a certain time (this can be several months or several years). But then you can leave your “unloved job” and enjoy life.
TIP #3. GAIN knowledge in the field of personal finance.
The famous financial literacy specialist Robert Kiyosaki, whom I mentioned above, DEFINED WEALTH BY THE LENGTH OF TIME during which, while continuing to live comfortably, a person can not work.
"Cash flow"- this is the name of the world-famous game by Robert Kiyosaki, which can help you figure out how to “turn time into money” by creating a constant passive income.
There are several versions of the Cash Flow game - 101, 202, 303 and 404. Each of them teaches investing skills, building your own business and competent handling of personal finances. Don't think this is just child's play. The game “Cashflow” will be interesting and challenging for all adults - not only for an office worker, but also for the owner of his own large business.
You can buy the game in a bookstore, but it will cost 30 or even 50% more than in an online store. You can order the game on the trusted website (online store) ozon.ru with free delivery. Here is the link Board game Cash Flow 101 (2016 edition).
If you want to learn more about the Cash Flow game, I recommend this interesting and useful with a detailed description of it.
IMPORTANT! I think you already understand that to build passive income, the first thing you need to do is learn financial literacy. Neither our parents, nor schools, nor universities give us this knowledge. Even if you work as an accountant in a large enterprise or a financial analyst in a bank, this does not always mean that you have knowledge in the field of personal finance.
3. Types and sources of passive income
We answered the question, what is passive income? I think it’s time to satisfy your curiosity by revealing the “secrets” of ways to create and sources of passive income.
We will talk about this later. You just need to choose the method that suits you.
Many are not happy with the fact that they will have to wait (months, years). But we need to get out of this psychological trap. Think about it, working age lasts 25–40 years, ending with retirement age and receiving a pension, which can hardly be called “deserved and worthy.”
Are you sure you want to create passive income so you can have more free time? Then start TODAY to take decisive action in this direction. Make up your mind and take action!
So, more about the types and methods of creating passive income
There are 4 types of passive income:
- investment (financial),
- intellectual,
- marketing,
- legal (required by law).
Agree, not very much. The types of passive income in Russia are the same as in other countries in the world. Now let’s figure out what ways you can provide passive income.
1st type. Investment (financial) passive income
Created in case of investment (investment) of funds in certain financial instruments and items. From the investment we receive a certain amount in the form of interest or profit.
Sources of profit can be:
- real estate;
- Bank deposit;
- securities;
- our business (if we buy it);
- equipment (if you rent it out).
2nd type. Intellectual passive income
Sources of income can be:
- Author's fee;
- Patent for invention (technology)
If you don’t like the idea of creating an information product yourself, you can earn income from promoting other people’s information products through affiliate programs. I myself earn income from this online business. I consider Evgeniy Vergus to be the main expert on making money on affiliate programs. You can immediately start earning money while studying this course. "PARTNER SALES WORKSHOP". You can easily recoup the cost of the course by studying the course and at the same time earning money by advertising affiliate information products. *
3rd type. Marketing Passive Income
This type of income is possible if you create a marketing system(s). For example, your website on the Internet or a personal brand for rent. Either one or several options are possible.
Personal branding involves using your name for commercial purposes.
For example, screen and sports stars are often involved in filming advertisements, thus becoming the “face” of a certain brand or company. They receive decent fees for using their name.
In this case, sources of passive income can be:
- own developed network marketing structure;
- commercial structures using your personal brand;
- your website;
- a business that generates profit from the operation of a marketing system (for example, an information business).
All these sources of passive income will provide you with passive income on the Internet without investment.
4th type. Legal passive income
I think there is no particular need to dwell on this view. I will only note that these are payments due to you “according to the Law.” By the way, there are people who rely on this type of passive income. For example, civilians work under contract in military units for low pay. But then they retire earlier and are guaranteed to receive a “military” pension.
4. Ideas for creating passive income
You have already learned about the types and sources of passive income. It's time to get acquainted with the options for creating it.
I propose to consider the most common and relevant ideas. Perhaps one of them will suit you to ensure a regular cash flow.
1. Information site or blog
If you know how or want to learn how to create and launch websites, and know the basic principles of marketing, then you can organize passive income, practically from scratch. It’s not for nothing that organizing passive income using the Internet is becoming increasingly popular.
For example, the blog you are currently on also generates passive income.
In addition to the above skills, you will need free time, as well as a desire to learn. You you can make your own website even if you do not have any special technical skills. Especially for those who decide to make money with their blog or information site, I have prepared a series of articles with step-by-step instructions, videos and screenshots. In less than a week you will have your website ready for content. Here is the link .
To organize passive income using your website, you will, of course, need some time (from six months to two years). This time will be needed to regularly work on your project (several hours a day) in order to improve and optimize it.
Do not be mistaken that by creating a website, you have done everything necessary to receive passive income, and now you can “sit back.” No! To turn a site into a full-fledged “money machine” you will have to work on it for 1-2 years. But you will start receiving your first money within a few months after the start of the project.
After you turn your site into a “money machine”, you can sell it (ready-made business!). Moreover, the proceeds from the sale can exceed the amount of monthly passive income by 20 times.
For example, my colleague bought a 3-year-old working website for 1,500,000 rubles.
The arithmetic is simple: If your website brings in 10 thousand rubles a month, then you can sell it for 200 thousand rubles. and more expensive.
Therefore, you can make money by creating income-generating websites and organize your business in this way.
Ways to make money on your website:
- placement of contextual advertising;
- placement of paid advertising articles;
- sale of advertising space;
- placement of affiliate links;
- selling your own training courses.
2. Intelligent product
Having a certain talent, it is possible to create your own intellectual product (book, technology, educational video, etc.). This product can become a source of your passive income if you start replicating it or renting it out.
Let's consider an example of passive income, when an intellectual product (a book) made the author a millionaire. Today, it is perhaps difficult to find a person who does not know the name JK Rowling. But it was the books about Harry Potter that brought her a multimillion-dollar fortune.
An invention, a fundamentally new industrial design or technology can also become a source of passive income. They will be your intangible asset.
An intangible asset is a product of intellectual labor that, without having a material form, is capable of generating income. For example, a patent for an invention, trademark or brand.
3. Property rental
Of course, the most common way is to rent out real estate. But let's look at other passive income options. For example, construction, commercial or production equipment and other expensive things. Moreover, passive income from real estate is often lower than from equipment.
For example, by purchasing construction equipment and tools, you can rent them out, thus organizing your business. If a drill or hammer drill costs, for example, 20 thousand rubles, then you can rent out the tool for 100 - 500 rubles per day. The tool will pay for itself in a fairly short period of time (less than a month).
4. Securities, bank PAMM accounts, mutual funds
One of the common ways to create passive income is by investing in financial instruments.
Investing, in some ways, can be thought of as a business. But to become a professional investor, you must first study this complex topic. You can learn more about financial instruments on this useful website Club of private investors “Where to invest money - ways to invest.”
Of course, investments have advantages (higher income compared to a bank deposit), but they also have disadvantages, namely: high risks.
PAMM accounts, mutual funds and securities are not able to provide stable income (excluding bonds). There is a high risk of losses. Take this into account!
5. Network Marketing
Network marketing is considered one of the most affordable ways to create passive income. Perhaps because the first investment usually does not exceed $100.
The condition under which you can organize this kind of passive income is communication skills. Because in this case you will need to be able to communicate with people, win them over, ensuring friendly communication. The main thing is that you do not fall into a financial pyramid!
To protect yourself from this risk, check out this helpful article “What is a financial pyramid?” .
6. Own business
Organizing an entrepreneurial project is perhaps the best way to create passive income.
Internet business is suitable for people with any financial situation at the moment. Even if you do not have large enough finances, the network can provide opportunities to start with virtually no investment. Thus, your income will gradually turn from “active” to “passive”.
The most difficult step towards starting your own business is simply making a final and irrevocable decision. It's best to start with a simple business without investment. With organization ideas business without investment for beginners entrepreneurs read . The information in this article will help you organize a business and create passive income from scratch.
Let me give you my example of passive income. I built my own vending business - I bought several payment terminals (invested my own capital), and installed terminals in supermarkets under a lease agreement. The terminals are collected by a third-party organization under a maintenance agreement. I receive income that can be called passive, although I participate in it (I carry out settlements with my counterparties). This business takes very little time - 1-2 days a month.
5. Recommendations and tips for acquiring financial independence
You have already become acquainted with the concept of “passive income” and learned about its types and methods of organization, about the ideas of passive income. You know enough to take action. As soon as you make up your mind and begin to act, you will have the opportunity to gain financial independence, leave your “unloved” job, start traveling and do what you have dreamed of all your life, for example, charity.
1) Take the time to build assets.
Don't limit yourself to just income from your day job. Think about what you can do so that, having done this once, you will receive money many times over - replicate your efforts!
I hope that you are not striving for a “beggarly” existence, which, unfortunately, a pension can provide.
2) Strive to organize several sources of passive income.
In this case, you will protect yourself from possible risks: the loss of one source may be compensated by another. And at some point it will support you.
How important this is, he described very well in his book.
3) Increase financial literacy
Self-education is the first thing you should do! Invest in yourself! I recommend carefully reading books considered fundamental: Robert Kiyosaki "Rich dad, poor dad" and Bodo Schaeffer "Money or the ABC of Money", - they will help you understand more deeply the principle of the functioning of money and the principle of creating passive income.
Please note that there are no special “secrets”. For success you only need desire, time and certain knowledge.
Watch this educational cartoon about what passive income is so that all the puzzles fit into a clear picture and you have the confidence to start moving towards creating passive income. You should start by educating yourself on personal finance. It is also extremely important to pass on this knowledge to your children!
I wish everyone confidence and determination!
I managed to create several sources of passive income, so you can too!
Write in the comments which category of people you belong to from a financial point of view and did you manage to move to a category closer to 5th?
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