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9 Ways I Make $12,000 EVERY Month (in my 30s)

4.4K views
•
November 5, 2021
by
Debt Free Millennials
YouTube video player
9 Ways I Make $12,000 EVERY Month (in my 30s)

TL;DR

Debt-free millennial shares 9 income streams totaling $12k/month, from CD dividends to freelancing.

Transcript

i know exactly how to start off this video [Applause] for those of you who don't know i got inspired by my good friend jj buckner who talked about how he has 10 different income streams that earn him 50 000 well jj it may not be 50 000 but it is twelve thousand dollars and so i wanted to share in this video exactly how i am making 12 grand a month ... Read More

Key Insights

  • ✋ Passive income sources like CD dividends and high yield savings contribute to the content creator's income.
  • 🔬 Investing in dividend-paying investments and retirement accounts generates significant monthly income.
  • 🫠 Affiliate marketing and YouTube ad revenue capitalize on the content creator's platform and audience reach.
  • 🎏 Sponsorships and freelancing are lucrative income streams that require active participation.
  • 👻 Strategic income diversification allows for steady growth and financial stability.
  • 🎏 Starting with one income stream and scaling up gradually is feasible for anyone.
  • 🔉 Content creation through various mediums, like YouTube and blogs, can be monetized effectively.

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Questions & Answers

Q: What inspired the content creator to share their income streams?

The content creator was inspired by a friend to showcase their 9 income streams generating $12k/month, aiming to motivate others on their debt-free journey.

Q: How does CD dividends contribute to the content creator's income?

CD dividends from a certificate of deposit with their primary bank earn them $3.50/month passively, a small but steady stream of income without active effort.

Q: What is unique about the content creator's budget bootcamp program?

The budget bootcamp program offers one-on-one coaching to help individuals control their spending and achieve financial goals, generating $360/month for the creator.

Q: Why does the content creator emphasize the importance of multiple income streams?

Multiple income streams provide financial security, growth opportunities, and passive income potential, making it a strategic approach to wealth-building.

Summary & Key Takeaways

  • Debt-free millennial shares 9 income streams totaling $12k/month, from CD dividends to freelancing.

  • Income streams include CD dividends, high yield savings, budget coaching program, investments, affiliate marketing, YouTube ad revenue, sponsorships, and freelancing.

  • Multiple streams of income are achievable, with passive income opportunities and room for growth.


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