Hi there, and welcome to my very first blogpost! I’m writing this blog primarily as a motivator and to meet new people who can both keep me to my challenge and maybe even try the same themselves.
Before I started this blog, I was comparing different blog platforms and hosting parties. After reviewing several hosting plans I settled with WordPress. Most of the hosts that I checked have free (YAY!) plans so feel free to try several platforms out before committing to one of them! Feel free to leave a comment about why you chose your blogging platform.
Goal: Maintain my current lifestyle without having to actively* work to earn income.
I’m quite new to the whole passive income idea, and even though I have some basic investing knowlegde and experience, I’ll start from the beginning and track everything here for you to see how I did it. I will be creating a list of many ways to earn an income and I will select some of them for myself to try out as challenges. As I will try to complete these challenges, I will tag them so you can easily find the progress and status for each challenge… I guess. I’m still new to blogging, so I hope it will become clearer once I have made a few posts.
The reason I’m going for multiple challenges is because I don’t know which way of earning a passive income will work for me. I believe all possibilities have pros and cons, and I want to try out many ideas to find out which suits me best. Also, by tracking all of these challenges on my blog, I hope to get people engaged. Maybe you want to check out this E-Book on how to start blogging and make money online.
Note: to read E-Books you need an application. Kindle is a free online E-Reader!
Well, here we go then… wish me luck!
* Most ways of passive income still require some work now and then. What I mean by “without having to actively work” is not requiring the direct time to money conversion that usual jobs have.