3 Ways to Create Passive Income For You and Your Kids

I have come to one very big and very scaryattempts at having them mail the check over -night fell
conclusion in my life. I waited much too long to educateon deaf ears. I was out of luck... And without cash...
myself in three very important areas that haveWith three kids, no gas money, and only a few dollars
resulted in my lack of financial success. This realizationleft for us to get by on for the next 14 days! I had
came suddenly and painfully four years ago when Ibeen living from pay check to pay check and now
found myself a single mother of three children underthat wasn't there either. I was in a world of hurt. That
the age of 6. After a divorce caused me to leave mywas the day I decided to take the radical leap and find
5 bedroom 3200 square foot home that I shared witha way to make money passively. And with multiple
my ex-husband and downsize to an 1100 square footincome streams. No matter what it took. I had heard
2 bedroom home; I quickly had to get used to beingthe term passive income before and I was determined
uncomfortable.to figure out the many ways of pulling it off.
I didn't care at the time, I had everything I needed; threeI made a very clear decision from that day forward
healthy kids and freedom from a unhealthy relationshipthat I was never going to be in a situation that my kids
with my ex-husband. I soon realized though thatwere relying on only one business for their livelihood.
making ends meet after paying for three kids' childcareNever again! I had heard the term passive income
bills, food, clothes, gas, you name it... The bills andbefore and I was determined to figure out the many
expenses were endless. I had more money going outways of pulling it off. I began the learning process. And
the door than was ever coming in. It just seemed thatwith a fierceness only a mother could understand.
no matter what I did there was never enough moneyNow, it was for my kids. You see, you have to find
to pay all the expenses that cropped up while raisingyour why before you set out to accomplish amazing
three small children... Let alone save money for theirthings. Everyone has a reason for taking that leap. My
future. I quickly realized I wanted more. I not onlywhy happened to be my kids. After much deliberate
wanted more but had no other choice but to figure outsearching I came to understand there are three main
a way to create passive income.areas that anyone can create passive income. Here
I was at the end of my rope. I was exhausted. Therethey are.oOnline BusinessoReal Estate InvestingoStock
was no way I wanted to continue living this way and IInvesting
was hell-bent on figuring it out. Worst of all though wasI decided I was going to do all three. I had not
the nagging reality that I was 100% dependent on mydetermined what that business was going to be online
job. My job owned me. I was not only running aroundor what investments; real estate or stock, I was going
on their schedule and their corporate agenda. I was atto learn first. I just decided to start. You have to do the
their mercy. I dropped my kids off early in the morningsame if you ever want to discover what passive
at a childcare center before school because theyincome feels like. The act of making money while you
wanted me to be in my desk at 8am. I picked up mysleep seems like a lofty idea. Yet, it is possible. I
kids at an after school program because theycreated and introduced fearless ambition, llc to the
scheduled a meeting at the end of the day at 4:00. Iworld without any real idea of how it was going to
missed school plays my kids participated in becausemake money. I just knew with a name like fearless
they controlled my time off and my clients came first.ambition it was bound to attract enough energy to do
And then the day came when they forgot to pay me.just that. I encourage you to take that same leap into
Yep, the corporate office failed to mail my check tothe world of multiple streams of passive income. You
me and they decided I could wait another two weeksmay just find it is your road to freedom as well.
to get it. Their oversight was my loss. My desperate