Passive Income Ideas for Healthcare Workers
What is passive income?
Passive income is monetary earnings derived from any business in which a person is not actively involved. Examples are rental property, online business, and affiliate marketing.
In simpler terms, it is an extra income you are making while you are sleeping and having quality time with your loved ones.
Why healthcare workers?
Healthcare workers are busy people saving lives. From their college studies to clinical applications, they spent their long hours in mastering health and medical stuff in order to provide quality care for their patients. They work more than 40 hours each week. Because of these busy schedules, they have minimal time learning financial and passive income ideas. At the end of the day, they are burned out psychologically and emotionally. That’s why they tend to rest or sleep. This is the time where passive income ideas be applicable to healthcare workers. They shall be making money while they are sleeping and resting.
What are the passive income ideas for healthcare workers?
There are lots of passive income ideas, but this time, let me share to you those that are appropriate for a toxic healthcare worker like you. Although, it is applicable to all.
AFFILIATE MARKETING
Affiliate Marketing is one idea to make money online. Are you a pharmacist, a medtech, or a nurse who loves to post on Instagram or Facebook? You can turn your social media account into a money-making tool. Affiliate marketing is simply promoting others’ products and earning a commission. In the local area, you can become an affiliate marketer on Lazada or Shopee. Visit their website and click the link for an affiliate program. In the global aspect, you can visit ShareASale.com and find what product you want to promote. There are lots of them. What you need to do is to become an affiliate partner. Copy and affiliate link of products and paste to your Instagram or Facebook account.
REAL ESTATE INVESTMENTS
There are plenty of deductions accessible to land financial backers. They aren’t exactly so liberal for those with a major league salary, however they actually exist. When in doubt, rental property will be significantly more steady than numerous sorts of business. Furthermore, rental properties even consider huge capital additions. Rental property will be to a greater degree of passive income stream as opposed to a venture, regardless of whether a property director is involved.
ONLINE BUSINESS
1. Selling Online
Selling online through eBay or Amazon can be shockingly productive. In addition to the fact that you get tax-exempt pay, yet you can save on lodging and utilities since you don’t need to store all that stuff any longer. Many individuals who begin selling on the web just to dispose of their garbage observe it is so natural they open a passive income idea.
2. Selling of old college notes
Another passive income idea is through selling old notes. Look at your saved old notes during your college years. Handwritten notes can be sold, but a type-written one has an edge. If you have nursing, pharmacy, or medical notes and course summaries, you can sell them too. Share and upload your works via PDF or any format that the platform tells you. Be sure that your notes are personally owned. You can set your price per uploaded study material or the platform pays you monthly or quarterly. Selling notes online needs quite effort on marketing but it is also a means of passive income as you relax and sleep.
Try and explore these websites:
Knoowy
Knoowy is a UK-based website you can visit if you want to buy and sell course summaries, lecture notes, practice exams and other study documents. For students who are currently pursuing college and medical education, you can get support from other uploaders who want to help you with your studies. You can sell your old notes at an average of €4 (minimum of €1).
Studypool
Besides being an online tutoring platform, Studypool is pretty much a selling website. You can upload and sell notes and make up to $ 5,000 per month depending on the quality and the year that the notes were made. You can earn up to $10 every time a student views one.
Notesale
You can make money by selling notes on Notesale. It also works like Knoowy.
There are also websites that you can visit and sell notes such as Stuvia, Docmerit, Coursemerit and Nexusnotes.
BLOGGING
What is blogging? Blogging refers to photography, writing, making or publishing diary-like or personally published articles and journals. A starting blogger makes around $300-$400 per month. Nonetheless, more experienced bloggers can earn up to $5000+ also.
Let your idea be known and recognized. Create a website. If you don’t have a budget for creating one, you can still create a website for free. You can visit medium.com, blogger.com and tumblr.com. You can own a website on these sites for free.
PARTNER’S JOB
Alright, appears to be somewhat bizarre. Be that as it may, it may very well be the main elective stream of income in your armory, and it is totally passive income to you!
I’m certain that there are a lot more passive income ideas out there created by different doctors, nurses, pharmacists, and med techs. Your main cutoff is your own imagination. In any case, as repayment keeps on diminishing later on, you would be very much informed to foster a couple with respect to these en route.
There’s nothing out there that says your principal work must be your sole responsibility.
For more ideas on online business, making money online, and passive income, visit failtosucceedlife.com/money-success.
