Perhaps I have already made many posts on passive income, but I like this topic very much and I enjoy writing about it a lot. I will not say that I am very good in terms of finance or that my knowledge related to finance is very good, but still, whatever basic things I understand, I keep sharing them with you, and in this way, I also get a lot of feedback, which also benefits me a lot. We all make such investments at some point in our lives, which we regret later. I too have bought many such stocks in the early days of the stock market, which I regret till date and I had bought those shares in the year 2022 and even now I have a lot of loss there and my portfolio is very high even now and even after that I took many wrong decisions due to which my portfolio has not been able to profit yet. Everyone has a different strategy. For any image, some people wait for small pumps and dumps. If something is a pump, they go ahead and buy it. If something is a dump, they buy it. Just a few days ago, a situation of war had developed. And ever since Donald Trump came to power, the entire world has witnessed a lot of turmoil.




![income.png](https://files.peakd.com/file/peakd-hive/bhattg/23xetCg6pb3pfaRDVKiBnsa6E54Wn7Cyzk8keSCseDyTn3UtJLsDNqr6tJM17mWsFNqJc.png)


[ImgSrc](Chatgpt.com)


You should not have only one type of income. See, nowadays, if you do not have multiple sources of income, then you face a lot of problems, and you do face them. Yes, if there are more than one financial members in your house, then the matter becomes a little different, but still you must work on multiple sources of income, which will benefit you only. See, it takes time to generate any source of income, but if you gain good information about something, then things become easy for you. Many people try YouTube channels, but see, not everyone succeeds, but this does not mean that you should leave that platform. You should keep trying something new and must learn from your mistakes. This year I have also tried to revive my very old YouTube account and I endeavour to achieve something from it and help people but my content is completely in Hindi because my target audience is from India and I want to connect more and more people to the hive from a country like India which has such a large population. This is my aim.


If I talk about multiple sources of income then it is very important that even if you are a salaried person, you still need some income and it is also important that you see your expenses are taken care of from your salary, no matter how well you are earning, after a certain time that money starts seeming less to you, no matter how much it is. Look, it is not that by earning money you get all the happiness in the world, but look, everyone says that things become easy for you, if you have money then you can visit the most expensive places or you can make an effort for such things which you cannot get in less money, if you have money then you can reach anywhere as soon as possible because look, flights are expensive, if I talk about other transportation then it is cheap, mostly you must have seen that whoever is rich or whoever has money, either they have private planes or private helicopters or they mostly fly in business class.




![3d-rendering-money-tree.jpg](https://files.peakd.com/file/peakd-hive/bhattg/Eou8ArAbM6oiXkXMYkPb12cR7ApTSpLvtpT7dSeQHwmJUcGL4rJX94uSEwiRpAuBaCM.jpg)



[ImgSrc](https://www.freepik.com/free-ai-image/3d-rendering-money-tree_209296327.htm)

Nowadays, it is very important to have multiple sources of income. I consider myself lucky that I am associated with this platform (Hive), and I have been able to generate a good passive income from here, and it is a matter of great happiness for me. I keep trying and also try to generate income in all ways, but look, you don't need to be successful everywhere, but you should try, and you should never adopt shortcuts. In the name of income in money, you must have seen on YouTube that you find people selling courses who talk about giving you a lot of knowledge at very low prices. Look, if you want to learn anything, then nowadays everything is available free of cost, you just need to search, and you should have a passion to learn something.


If your job is permanent or stable, then you must look for other sources with the help of which you can generate passive income for yourself in money and you can spend the specific income at some other place or at such a place where you can earn money, you must have worked hard to generate income in your money, but still your risk taking capability increases, if you want to do all the things from your salary only, then in such a situation you have a lot of stress and many people start adopting shortcut methods in the name of earning money, in which also they lose a lot of their money. So, never look for any shortcut methods to earn money, nor get trapped in the trap of such scammers. Do not believe what you are shown, dreams of becoming rich in a very short time. Look, it is not that becoming rich is impossible, you too can become rich, but look, you must have a passion and dedication; it is not that if you get money, you spend it. You have to work with a lot of patience for some years, after that you can do whatever you want, you just have to work with a lot of patience for a few years or should I say you have to be patient, and then after that you do see the result.





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> Translated via Google Translator, The content is original. 





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