Spreading your eggs in different baskets brings the need for passive income.
Being financially stable is one of the core prerequisites to living a comfortable life and gone are the days when our fathers and mothers are okay doing just one job because things were better, compared to life today. Food was so cheap, clothes and the likes were bought so easily without having to complain or hiss, and in the end, the children including myself were always happy because our parents would surely get us Easter, Christmas and New Year's clothes and shoes even if we are up to five (5) kids.
Above all, there was still some money left to pay bills and house rent.
Everything has changed today and it feels like the world is going to an end. I am also experiencing it and being an adult sometimes freaks me out but what should I/we do? Of course, there is nothing we can do unless we want to be irresponsible and die of hunger.
In today's world, any individual either married or not, if found with only one job, or feels complacent will not be told to find another source of income to aid him or her attend to needs that keeps knocking at the door and one wouldn't have any choice than to open the door.
Inflation has risen to a higher level and someone who works a 9-5 Job and receives a little amount for 30 days will realize such work cannot take him anywhere except if you are the CEO or owner of the company. We have been told how not to put all eggs in one basket but to spread them in a different basket in case some unexpected circumstances happen because no one can predict the uncertainty in life.
This is where having a passive income comes in. Passive income only requires little effort to maintain. This is what we call an additional income where you don't have to stress yourself much but in addition to your main job so that at the end of the day, you will have something to save or invest with after getting all groceries and paying your bills. For sure, you are heading to having a life with stable finances.
Some years ago, I had different passive incomes through blogging on different platforms before some crashed. I remembered when I was teaching and at the same time was on Steemit. Though it wasn't easy combining both, I still had time for the two without inconveniencing one for the other. Those little cents that were adding up in my wallet turned big for me and aside from my salary, I was able to fend for myself without an aisle.
Then, along the line, I was introduced to other platforms like Uptrennd which has now closed up and Readcash which is another platform where you are paid in Bitcoin cash. One thing about these side hustles is that one has to be patient because it's always hard in the beginning but when you keep doing those small tasks by writing in the comfort of your zone and engaging, those cents which keep adding up will turn big when you do not expect it.
Right now, my major passive income is from Hive because it gives me two in one methods to make money. Since I graduated, I have been focusing more on Hive because of the second-layer tokens it has aside from writing content and I made those tokens my passive income because it doesn't require me to do much work other than curating and engaging.
I also make use of the HBD Savings as my passive income because it doesn't require any task from you. Just get some HBD, send it to your savings and start enjoying your income which gives you 20% APR. Can you imagine having 1000+ HBD and earning 20% APR? Such sweet money that works for you even while you sleep.
Apart from Hive being a passive income to me, I still would want an offline Job to help me cater for many needs on my neck. I am the second born and still have three siblings that are looking up to me.
Though, I must confess that the second layer tokens on Hive have helped me a lot in caring for many responsibilities and this is what I have settled with since I finished in February.
It's important to have a passive income aside from your main job because it surely would help you live the best life you want only if you are intentional about freeing yourself from the shackles of poverty.
Settling down to only one income will not help or take you far because the more we grow, the more responsibilities and bills to attend to. This is why one needs to have more than one basket to put in your eggs.
While you are on Hive, you need to focus more on those second-layer tokens like Pob, Vyb, Leo, Bro, etc and engage more on content because, at the end of the day, those tokens keep increasing, especially when you stake them.
I am always thinking to find an offline job once I am through with my NYSC service so that blogging will be my additional income which will ease things for me.
Wow,this post is great because I get to learn a lot of things from it and why having multiple streams of income is the best.
You are sure doing great on hive and the idea of you having an offline job after your NYSC is nice. I love that.
Yea, Hive is amazing and I need to focus more on it. I am glad you learnt some things from my post. Thank you, dear Mercy.
Wow...it's been long with you and blogging oo 😂
Nice one princess... second layer tokens are an amazing passive income and I am not taking it for granted atall. Thanks for this insight again 😊
Hehehe... It has been long indeed and I bless God for how it has turned out for me. Thank you ma for coming around.
You are doing well my darling 🥰
You are a strong woman of Valour!
And yeah gone are those days when we used to buy bangers 😂 😂 😂
Now no child for cry for banger…
And passive income is actually the best advice…
Hehehe... Who banger help? Any child that cries because of that will receive some lashes on his or her buttocks. Things are very hard now that we need passive incomes to aid us in living a good and stable life.
Thank you for the compliment, Qudus 😊
Yeah yeah. Most welcomed my friend 😂 😂
Buy me one banger please
Banger ko.. rocker ni 🙄😅
Are you a children?
If I am not then what am I? Adult?? 🤮
I am not. I prefer been a kid. Scared of becoming an adult
I read your LPUD post and I have the intention of contacting you, you know I will always hit your dm when I don't understand things.
I don't understand a lot about the second layer token and I don't mind learning from you. Blogging has turned side hustle for a lot of people and I glad we didn't hesitate to take the chances when we had.
Please do come to my dm and I am ready to explain to you. Second layer tokens are found in your hive engine wallet and maybe you would have even accumulated a lot now.
I have a lot of them, I just can't put them to proper use
You have to stake them to earn you money as you keep engaging on the platform.
I am in your DM already, can't wait to learn at your free time
You just reminded me about those second layer tokens on hive, I haven't checked mine for a while now. I know that some of them are automatically staked but is there any other thing I need to do to earn passively from them?
Hehehehe.. I check mine every seconds oo 😂😂😂Yes, some are automatically staked while some, you will have to stake them like Pob, Leo and the rest.
For me, I delegate some Hive power to leo.voter where I receive daily leo token. Also, delegating pob tokens to pob-curator will enable you receive daily pob tokens.
Omo, thank you very much for this info o, I didn't know about all these
It's my pleasure 😊
Hive is legit one of the best things to happen to me. It basically changed my life. I don't even see it as a hustle because it is now more or less a part of me. I totally understand what you are talking about.
Thank you for sharing this with us.
Hive is more than that to me too because I have also gained a lot from this blockchain.
Thank you for coming around, Bruno.
The rewards earned on this comment will go directly to the people sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Congratulations @princessbusayo! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 11000 replies.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
Check out the last post from @hivebuzz:
Such a great achievement on the blockchain and I am always excited seeing my progress each day here. Thank you, @hivebuzz 🤩
You're welcome @princessbusayo! Have a nice day 😊👍
When I thought of the HBD savings, i saw the goodness in it. Just like you said; imagine saving up to 1000 and be getting 20% a month. That's a sweet and seeat-less way of milking money. We can turn it to monthly income sef
Not a month but the 20% is calculated for a year but a bit of it will always drop per month for you to claim.
Oh! I was thinking it's a monthly stuff. It's still good Sha
Yea, it's still monthly since you will have to be claiming but the 20% is calculated per year of the hbd you have.
All what you said is nothing but the truth, I've known you to be a hardworking lady right from the time of uptrennd and you did not relent, that's a life worth emulating...
with the situation of things now, having one job is not enough , one can only survive by having different sources of income just like said...
Yes oo. This life´s situation is more than having and settling with just one side hustle when there are opportunities to make more side hustles and help yourself get out of this poverty level.
Thank you, Mary for stopping by.
You've said it all, multitasking is the way out of poverty. And for the second layer token I don't really understand how it's work. Nice post friend
The second layer tokens are gotten through the tags you use on your posts and when you upvote people´s post. It keeps dropping into your hive engine wallet through peaked. So, the more you engage on the blockchain, the more the reward will be.
Who doesn't want to live a comfortable lifestyle? I'm sure everyone wants to live a debt-free life, live in beautiful houses and all. To achieve this, one has to think we'll. It is very important to spread your eggs in different baskets (just like you've said). Getting a side hustle will keep you on a safer side.
My side hustle is also hive, and I put in my best.
Thanks for sharing.
Yes, when you have a side hustle, you have to put in your best to yield a good result for you. Thank you, Justfavour for your comment.
You have spoken really well, these blogging platforms have really helped us a lot in giving us some passive income. You did analyze the whole thing very well and I've learned more from you, thank you so much for sharing this with us at dreemport 🥰.
Yes, they have really helped us in many ways and we are glad coming across these blogging platforms.
Thank you, dear Hope for catapulting yourself here 😅😅
Hahaha, I did really catapulted myself here and I almost fell off the catapult, lolz.
Indeed those that have been into blogging have really benefited in one way or another from it.
Please, don't fall oo. Remember we are still running the challenge? Bring the crown home abeg. I don tell @iskawrites too 😅😅
Princess, just leave me this evening.. I am not happy 😭😂
You are not happy but laughing? 🤣🤣🤣
Haha... I am trying to add humor so I can't feel my frustrations 😂😂
Yes, please do. It's a motivation too 😎
Awwwnnnn.. thanks for your support babe 😘
Lest I forget. You told me some months ago about delegating my pob tokens to pob-curator which I started since then. But recently, I don't get to receive daily pob again which Merit also confirms that. Do you know of any other account one can delegate pob to apart from pob-curator?
Oh. None, at the moment dear .. I am sorry. But if I come across any.... I'll let you know 🥺
Hope, what do you call this kind of dance 🙄
It's very funny 🤣🤣
Hahaha, I think it's a dance of it oya na!!!, !LOLZ 🤣🤣. The first time I saw this gif I was just laughing uncontrollably because it just fits well to the expression I wanted to give out 😂😂
Yes, our motivational princess 😃
Hahaha, that kind thing 😅😂
Mixed feelings I guess 😂😂
Princess is looking for trouble 😅
Hahaha, I won't Ma'am 😂. Okay, I'm sure one of the Dreemers will be bringing the crown home but I can't say if I will be the lucky one.
Princess, please bring me one of your money basket.... Na beg I dey beg... Hehehehe... Na dreemport carry me come oooo 😅
Oya bye bye. 🏃🏾♀️🏃🏾♀️
Oya hit your phone on the floor and remove one from the image. Don't thank me please. What are friends for? 🤣🤣🤣🤣
Haha... Oh no, she has join them to scam me ooo 🙆😩😂😂
You don't want me to have a phone and complete this challenge ba 🙄🥱😏😂😂
😅😅😅 You can actually make do with laptop na
I don't have a system 😭😭😭😭😭
Don't worry. You will have one soon.
Amen!! Thanks darling
You are welcome 🙂
Passive income is a great thing to have...
Just lay back and laze around while the money comes streaming in...
I streamed in from @dreemport 😂😂🤗
You are very right. Passive income is the best and life surviving kit to have 😊
Thank you for streaming in 😉
The princess has said it all, not only did you write a good post, but you wrote important information that I need to check out on my page.
Getting a side hustle is important because we all need that extra change to share with loved ones, and give ourselves that treat we have always dreamt of.
You can always speak to me if you have no idea of a side hustle to embark on👍
Hehehe.... thank you for reading and grabbing something from it.
Sure, it is important we get side hustles to help us live a good life and not keep going into debt every moment.
Wow! I am glad you are ready to guide me on side hustle to go for and I will definitely reach you out when it´s time. Thank you ma.
My pleasure, anytime dear.
Inflation is so high everywhere and the poor are grinding up in this situation
Hehehe... Tahastories, glad to meet you on Hive. How are you doing?