If you've been involved in online chat rooms, you may have heard of Chat GPT. But what is it, and how can you make money from it? Read on to find out.
This article will discuss making $20,000 in passive income every year.
First and foremost, I made $6,000 through my blog.
This blog chronicles my experiences earning money online and growing my investment portfolio. I've been posting a new essay on my blog every year, and I've made over $6,000 from advertisements.
Even though it wasn't a large quantity, it was a passive income; I spent 1–2 hours on each piece I wrote for that website, and it didn't feel like work. I know I will have lost a significant amount of my earnings because I have not yet used affiliate links on this website. According to my plans, my blog's number of affiliate links will be expanded in 2022.
It's crucial to me to create evergreen content because it means I won't have to write every day or rely on finding new affiliate products in the future. Here I ran 6,000$ in $20,000 in Passive Income.
My YouTube channel generated $14,000 in revenue for me.
Although I have a financial specialty, I have only posted 50 videos on my YouTube channel, which has a total of 365 films, resulting in a $14k profit for me this year.
My channel has an excellent cost per thousand views (CPM) of around $8 for every 1000 views in my nation, despite the average price of a thousand pictures being $2. My films take about 30 minutes to make, and I still have a few from two years ago that generate $50 in advertising money every day.
Everyone should, in my opinion, start a YouTube channel about a topic they're interested in learning about and debating. To be considered a YouTube Partner, you must have 1000 subscribers and 4000 watch hours.
After six months of persistent effort, I could accomplish 4k watch time and over 1000 subscribers, which initially seemed impossible. It won't be long until a video gets viral or semi-viral, and you'll have 4k view hours on your channel. So I Make $20,000 in Passive Income.
Conclusion - How to Make $20,000 in Passive Income Every Year
This blog chronicles my experiences earning money online and growing my investment portfolio. I've been posting a new essay on my blog every year, and I've made over $6,000 from advertisements. My YouTube channel generated $14,000 in revenue for me this year.