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How to Build More Income Sources
In 2020, we saw a lot of people get creative with the way that they had to make money. While there was a period where those who were unemployed were getting additional unemployment pay from the federal government, these checks were inconsistent, and weren’t always enough to help people get by.
2020 was likely the biggest year in history of making money online, and many have found that the “side hustles” that they started last year are enough for them to live comfortably. At the very least, many now understand that making money online is easier than ever, and can be done by almost anybody.
For those of us who had a lot of free time due to unemployment, we had enough time to try out different things and to figure out what did and didn’t work, both in terms of our schedules as well as in terms of the results they provided.
While I haven’t tried everything, here are a couple things that I think can get people started right away:
Stocks/Dividends
The stock market was crazy last year, and when it crashed in the middle of March, a lot of people found themselves learning how to invest in stocks for the first time. While the process of investing used to be complicated and full of confusing terms and fees, things have been simplified significantly in the last few years.
Apps like Robinhood have come along and made investing a lot easier, and they even offer simple tutorials for people who don’t know what they’re doing. Their app is…