10 Ideas For Generating Passive Income

10 ideas for generating passive income

A couple of days ago I published a post explaining what passive income is and why it’s important to me. Please check out my previous article if you want an intro to passive income. Otherwise, if you’re ready to read about 10 great ideas for creating your own passive income streams, let’s dive right in!

I’ve been reading a lot about passive income recently and it’s becoming clearer and clearer that generating multiple passive incomes streams is the only path to financial freedom. As a result, I’ve been scouring the internet for the best, easiest and most effective passive income ideas. These are my top 10. I haven’t tested all …

Why You Should Care About Creating Passive Income

Why you should care about passive income

What is passive income?

Passive income is just that – passive. It’s money that arrives in your bank account with little or no ongoing effort from you.

Classic examples are interest on investments, or profits from book sales. In the latter example, you only have to write the book once, but if it sells well, it can carry on making money for you for years.

This is basically the opposite of a traditional job, where you exchange units of your time (hours, days, years) for a fixed unit of money (your hourly wage, day rate or salary). If you know how to create passive income streams you can sit back …

October Extra Income Report

Hello and welcome to my first ever income report!

They say money is the last taboo. So why am I publishing my earnings?

Well, the Boost My Budget project has two main purposes:

  1. To make more money for me
  2. To make more money for you!

By sharing honestly exactly how much money I managed to make each month and where it came from, I hope my income reports will be a genuinely useful resource for anyone else looking to make a bit of extra cash.

Also, sharing my income will help me hold myself accountable and will hopefully motivate me to increase that figure each month!

I hope that seeing …

TopCashback Review: Big Savings On Your Online Shopping

Save money on your online shopping with TopCashback.co.uk - check my review to see how much I saved

What is TopCashback?

TopCashback.co.uk is a site that offers cashback and discount codes on your online shopping. Whenever you want to buy something online, simply log in to TopCashback, search for the name of the shop (or browse by category), and see what offers are available. Then, simply click through to the shop website using the TopCashback link, and shop as normal.

For example, last month I needed to buy single-trip European breakdown cover for a weekend trip to Belgium :). I searched the car insurance providers listed on TopCashback and decided to go with RAC European Cover. They had an offer for cashback of 26.25% on any insurance policy. …

Book Review: Get Rich Click!

Book Review: Get Rich Click! by Marc Ostrofsky

[easyazon_image align=”left” height=”500″ identifier=”1849838909″ locale=”UK” src=”http://www.boostmybudget.com/wp-content/uploads/2016/11/41HEh02YxL-2.jpg” tag=”boomybud-21″ width=”324″]One of my goals at Boost My Budget is to educate myself about personal finance. So, I’ve set myself a challenge: to read one personal finance book every month.

Perhaps I’ve fallen at the first hurdle, because my first choice of book isn’t strictly personal finance related – but it IS all about making money on the internet, so how could I resist?!

This month’s book is [easyazon_link identifier=”1849838909″ locale=”UK” tag=”boomybud-21″]Get Rich Click! by Marc Ostrofsky[/easyazon_link]. Yes, the exclamation mark is in the book’s title. The book is subtitled ‘The Ultimate Guide to Making Money on the Internet’ and promises to teach you …