★★ LINKS MENTIONED IN THE VIDEO ★★ (0:56 , 12:49) - How To Start A Blog Tutorial - thehumblepenny.com/blogging (10:34 , 14:00) - Create a Course or Membership site with Thinkific - thehumblepenny.com/Thinkific (11:05) - How To Make Money From Amazon Associates - thehumblepenny.com/how-to-make-money-from-the-amazon-affiliate-program (11:27) - Books We Love - thehumblepenny.com/books-i-love (15:10) - Financial Independence course - FIRE SuperPower - FIRESuperPower.com (16:43) - 21 Passive Income Ideas For A Freedom Lifestyle - thehumblepenny.com/passive-income-ideas-for-a-freedom-lifestyle
The Humble Penny hey hey! Nice video you have there! Since we are on the same topic; have you ever tried " Vidadsmedia Real income "? (try googling it)? My colleague had some dealings with them and was impressed by their incredible treatment when they shared their experience about generating passive income !
how do I get people to buy from my amazon links? They have emailed me and said unless I get 3 sales off my associate links they are going to delete my account.
You can rent out a room: oh you need to own a house. You can have UA-cam channel: oh imagine you have 10 million views. You can invest in stocks: oh you need to have a capital....
@@Moira_Gloucestershire Everybody starts somewhere. I know people that started their UA-cam channels this year and already have over 2K subscribers with tonnes of views. Imagine the revenue from Amazon links etc. Don't knock it till you tried it.
Hi i just wanted to say this video is fantastic value and I can see it you are generally trying to help people, No fancy jet, no flexing and messing about, just general, helpful, valuable knowledge thank you very much sir.
keep them coming, the UK base advice is so welcomed, given youtube is filled with US content. What are your views on BRASS pension, is it a good form of investment for those in the Rail industry
As a rail worker of 16 years, at one time part qualified financial advisor, I personally max my brass contributions. I won't advise you personally as I'm not qualified but it is one of the better pensions out there for employees in my opinion. Whatever that is worth! The only downside to me is the lack of control you get over your invested money in a pension versus personal investment. You are immediately getting tax relief at 20% or 40% depending on your tax rate. To earn that on personal investment without big risk is in my mind hard to do.
However something to consider, a friend invests in various vanguard funds via an isa to the tune of £20k a year. This is also tax free. Last 4 years he tells me, his investment is up 18%! He has full control of that asset!! However he invests from take home pay that has already been taxed before invest in the isa. I receive 40% tax relief on brass contributions and they can perform 'well' after that all without tax! If you have access to brass I would say you are fortunate compared to most of the working population, just my opinion.
Fantastic video creation. Your giving out alot of great value in this video and people need to take heed as so many people rely one source of income. These ideas you give are simple to start it just time and consistency that's needed. Love your videos great benefit
What's stopping me from going down the passive income route is how to work out the tax payable, not being very internet savvy ( it takes a long time for me to learn anything) and having the money available to do course to learn. I work 6 days per week at the moment and occasionally make £1 or £2 sporadically making and selling craft projects which I do save. However, all the income I have from my main job goes on basic necessities such as rent, council tax, utilities and food leaving nothing left. I have cut back my expenses to the bare bones but still need a second income. I feel it's a catch 22 situation at the moment. I want to be able to have a passive income I can do anywhere in the world as I want to have my own income to be able to travel abroad and have my own income when living in another country.
Watch out for the passive income video I'm releasing today called "21 Passive Income Ideas For A Freedom Lifestyle". It will help you better know what to explore next.
Thank you. So we are looking to rent out our curreny flat later this year and move into a our parents' 1st home which is almost mortgage free. Will then try & save up for the next propery. May even be tempted to invest abroad, i.e. Turkey to avoid taxes, stamp duty etc.
At the beginning of lockdown, I had the bright idea of stock photography as a good passive income. It seems I was 15 years behind the curve. The best you can hope for is about 400 quid per year. May as well not bother.
Check this out: Thehumblepenny.com/passiveincome You need to work hard but it is more guaranteed and you can create consistent passive income over time :)
Nice content! I don’t find myself necessarily super skilled in one area, however I’m passionate about digital marketing and discussing about it. I’m planning to start a blog with topics related to SEO, content marketing etc then turn the content into youtube video and podcast for more exposure. What do you think of this idea? Should I rather find a more niche industry to talk about rather than broad digital? Thanks
Passive money that I am getting is managing properties for other landlords. I have become a letting agent and its very stressful. I am looking to pack it in. Tenants are energy vampires.
I first of all spent 10 years managing and growing my own portfolio. I then offered those skills as a service to my friends. Word spread and now strangers call me with new business.
Interesting that none of the passive income streams mention multi-level or network marketing, which many view as pyramid schemes. Can you please do a video to address this? Thank you and God bless :-)
Great content and even it is even better that it is UK based as I am also based in UK (London) and also being someone that has a lot of ideas in creating ways of generating an online PASSIVE income is definitely a passion of mine. Thanks for putting this together. There is definitely value in this video and it has definitely given me some idea's for content on my channel. Stay Blessed. Oli
Hello, I can refer you to my investment portfolio manager who has been managing my investments for the past 9 months and generating good passive income for me
Great video. But a lot of these ideas aren't passive income per se (eg blogging, youtube) as they require active creation from yourself. Agree re BTL, investing etc. Very good ideas though for a side hussle. Thank you.
Thanks! Blogging and UA-cam become partially passive from older content that then generates an income month after month. This video that you commented on is a good example.
Hey Ken , as a UK person . would you recommend opening a youtube channel and adsense account under personal name or a pvt ltd company . also would you know if u can operate 2 channels under same email account
Hi Sajid Very good question. I run mine under a Limited Company. I'd personally suggest that. I don't believe you can run 2 channels under 1 email address.
@@TheHumblePenny when you say limited company, do you mean to register with HMRC. Our channel is still new and obviously we're not generating any income from it so do we need to register it. Thank you.
Hello, I can refer you to my investment portfolio manager who has been managing my investments for the past 9 months and generating good passive income for me
do you pay tax on it? this is what is stopping me from doing the many passive incomes i know of. I just moved to the uk so i don't know how paying tax works but when i started generating a really good amount of passive income i got worried that after i have spent the money i may be called in to pay tax as the company says i am to sort it out myself?
Hello, is there any chances to realise any of online business ideas for someone who is not 100% fluent English? I mean i would love doing blogging and all but still I think for that I really need good carry really good English literature . Also really liked the idea of renting out a spare room, but since i don't own any property it would not be possible, or is there any other ways around? l don't think if it's clever as for someone like me to take loans to buy properties to rent them, afraid of such financial burdens. Overall really love your ideas and find them really inspiring, just sady i feel some wall in front of me due to my language barrier and nationality.
Honestly, for English not being your first language, you're writing isn't too bad at all. You can still blog, but I'd recommend using a digital writing assistance tool like Grammarly, to correct any errors in your writing. Hope this helps.
Depends on what you need to learn. We sell various resources but really driven by what you need. To access ALL that we offer, head over to: FinancialJoyAcademy.com For something passive income related, check out One Grand Plus: thehumblepenny.com/OGP
The Humble Penny hi firstly thanks for replying. Just further information on how to start the affiliate item you mentioned please. I’m not very technologically minded. I have sorted some things to sell already. And I’m unsure where would be best to try and sell them. I would but ally take everything to a charity shop.
Hello, and thank you for the video. I hope you are well. I don't want to comment again, but I was just wondering if this really worked. I am trying to make £3,000 to pay for some dental treatment. I would be super grateful for some help, and it would change my life like you would not believe.
The Humble Penny in what range would you expect as a passive income from investing 10k average 😂iknow you can’t give me an accurate figure just a thought
@@UltraJamZHD i am investigating the same idea. Using trader212. Its hard, because you need to do a lot of research before you can start investing. I suggest install Udemy and look for free classes on the basics (did that already) then play with 1000 to learn the concept. Still worried that its too easy to loose on the wrong economy,would say not good as main income unless u are a genius
Hello, and thank you for the video. I hope you are well. I don't want to comment again, but I was just wondering if this really worked. I am trying to make £3,000 to pay for some dental treatment. I would be super grateful for some help, and it would change my life like you would not believe.
As always, a great video, thank you Ken 🙏🏻 I achieved my goal of paying off rental property mortgages in 6 years from purchase on a very modest income. Strict budgeting, amortisation spreadsheets, a very understanding partner and keeping my goal alive, daily, over those 6 years, was the key to me being able to achieve this. Now that I've been able to retire early, I'm keen to increase my passive income. I've some fear to overcome in setting up a website and beginning a blog - how do I make it professional enough and provide quality and consistent content is always to the fore of my mind. But, I know that 'I have to be in it to win it' and start with good planning. Then my goal is to begin a UA-cam channel. Like you were Ken, I am video camera shy, so overcoming this is a necessity. Thank you so much for all your content - so much food for thought.
Congratulations on achieving your goals 😊. Pleased to hear it. If you need help with your blogging and UA-cam side of things, I can help. You can either book some coaching here: thehumblepenny.com/coaching Or Learn from all our online business courses etc and get coaching too from us at Financial Joy Academy: FinancialJoyAcademy.com
@@TheHumblePenny thanks Ken. I’ve just become a member of Financial Joy Academy. I can’t wait to absorb the courses contents, expand my networks, hopefully have a positive impact on other members and start new businesses to generate passive income. Exciting 😊
@@TheHumblePenny I am glad I took the decision to become a Financial Joy Academy member; the detailed content is just what I'm looking for to give me focus, understand what business is best for me, receive coaching and engaging with a network of like minded people. 🙏
Regarding properties, I'd like to ask if there are other means of raising capital for the deposit, credit cards, bank loans etc.. would the banks accept this method of capital for the deposits? I've heard stories where people have raised capital without using their own money.
Brilliant! Great to hear. What kinda stuff do you buy and sell? I read a White Paper recently that said that 25% of all UK adults now have a Side Hustle. Good to see this becoming a thing.
![[UA] Eternal Fire проти NAVI | EPL Season 20 Malta](http://i.ytimg.com/vi/chvlsDygrZM/mqdefault.jpg)
★★ LINKS MENTIONED IN THE VIDEO ★★
(0:56 , 12:49) - How To Start A Blog Tutorial - thehumblepenny.com/blogging
(10:34 , 14:00) - Create a Course or Membership site with Thinkific - thehumblepenny.com/Thinkific
(11:05) - How To Make Money From Amazon Associates - thehumblepenny.com/how-to-make-money-from-the-amazon-affiliate-program
(11:27) - Books We Love - thehumblepenny.com/books-i-love
(15:10) - Financial Independence course - FIRE SuperPower - FIRESuperPower.com
(16:43) - 21 Passive Income Ideas For A Freedom Lifestyle - thehumblepenny.com/passive-income-ideas-for-a-freedom-lifestyle
The Humble Penny
hey hey! Nice video you have there! Since we are on the same topic; have you ever tried " Vidadsmedia Real income "? (try googling it)? My colleague had some dealings with them and was impressed by their incredible treatment when they shared their experience about generating passive income !
how do I get people to buy from my amazon links? They have emailed me and said unless I get 3 sales off my associate links they are going to delete my account.
In few years to come people will be kicking themselves in regrets if they miss this opportunity of buying and investing in crypto currency ✔
1. blog
2. rent a spare room 4:20
3. youtube channel 5:25
4. invest in stocks 7:40
5. invest in property 8:25
6. create membership site 9:30
7. amazon affiliate 11:00
8. affiliate for niche product 12:10
9. create an online course 14:00
The hero we need 😂
👏👍😂
You can rent out a room: oh you need to own a house. You can have UA-cam channel: oh imagine you have 10 million views. You can invest in stocks: oh you need to have a capital....
@@Moira_Gloucestershire Everybody starts somewhere. I know people that started their UA-cam channels this year and already have over 2K subscribers with tonnes of views. Imagine the revenue from Amazon links etc. Don't knock it till you tried it.
@@MoneyGist something like less than 1% ( and dropping rapidly) make more than £500 per month from their UA-cam
Hi i just wanted to say this video is fantastic value and I can see it you are generally trying to help people, No fancy jet, no flexing and messing about, just general, helpful, valuable knowledge thank you very much sir.
Much appreciated, Liam 😊
keep them coming, the UK base advice is so welcomed, given youtube is filled with US content. What are your views on BRASS pension, is it a good form of investment for those in the Rail industry
We really appreciate you watching 😊
As a rail worker of 16 years, at one time part qualified financial advisor, I personally max my brass contributions. I won't advise you personally as I'm not qualified but it is one of the better pensions out there for employees in my opinion. Whatever that is worth! The only downside to me is the lack of control you get over your invested money in a pension versus personal investment. You are immediately getting tax relief at 20% or 40% depending on your tax rate. To earn that on personal investment without big risk is in my mind hard to do.
However something to consider, a friend invests in various vanguard funds via an isa to the tune of £20k a year. This is also tax free. Last 4 years he tells me, his investment is up 18%! He has full control of that asset!! However he invests from take home pay that has already been taxed before invest in the isa.
I receive 40% tax relief on brass contributions and they can perform 'well' after that all without tax!
If you have access to brass I would say you are fortunate compared to most of the working population, just my opinion.
I’m glad I scrolled all the way below to find you. I don’t know why the algorithm isn’t pushing this video top it’s great! 👏🏿
Thanks so much for watching 😊
Your content is absolutely fantastic! So informative and straightforward. Thanks!
Thank you, Ina! 😊🙏🏽
90% of us can’t afford to buy a house…let alone get a house with spare rooms to rent out! 😰😰
90% of what?
@@TheHumblePenny 90% of us **
Fantastic video creation. Your giving out alot of great value in this video and people need to take heed as so many people rely one source of income. These ideas you give are simple to start it just time and consistency that's needed. Love your videos great benefit
Thanks so much! You hit the nail on the head - Time and consistency 💯
What's stopping me from going down the passive income route is how to work out the tax payable, not being very internet savvy ( it takes a long time for me to learn anything) and having the money available to do course to learn. I work 6 days per week at the moment and occasionally make £1 or £2 sporadically making and selling craft projects which I do save. However, all the income I have from my main job goes on basic necessities such as rent, council tax, utilities and food leaving nothing left. I have cut back my expenses to the bare bones but still need a second income. I feel it's a catch 22 situation at the moment. I want to be able to have a passive income I can do anywhere in the world as I want to have my own income to be able to travel abroad and have my own income when living in another country.
Watch out for the passive income video I'm releasing today called "21 Passive Income Ideas For A Freedom Lifestyle". It will help you better know what to explore next.
you can earn £1k and not have to fill in a tax form in the uk. Get started and try and earn that £1k, you'll find other ideas come along the way.
Thank you. So we are looking to rent out our curreny flat later this year and move into a our parents' 1st home which is almost mortgage free.
Will then try & save up for the next propery. May even be tempted to invest abroad, i.e. Turkey to avoid taxes, stamp duty etc.
Of all the videos I’ve watched on passive income, this is by far the best and most realistic. 👍🏻
Glad you think so! :)
At the beginning of lockdown, I had the bright idea of stock photography as a good passive income. It seems I was 15 years behind the curve. The best you can hope for is about 400 quid per year. May as well not bother.
Check this out:
Thehumblepenny.com/passiveincome
You need to work hard but it is more guaranteed and you can create consistent passive income over time :)
1) Blogging is not passive - writing a good blog and promoting it requires a lot of time
Yes, but once the work is done, it is. It's semi-passive and continues to create income.
@@TheHumblePenny but you need to keep adding new content ?
Nice content! I don’t find myself necessarily super skilled in one area, however I’m passionate about digital marketing and discussing about it. I’m planning to start a blog with topics related to SEO, content marketing etc then turn the content into youtube video and podcast for more exposure. What do you think of this idea? Should I rather find a more niche industry to talk about rather than broad digital? Thanks
Stefan, it's a good idea.
Thank you for sharing these great tips.
You're most welcome :)
Passive money that I am getting is managing properties for other landlords. I have become a letting agent and its very stressful. I am looking to pack it in. Tenants are energy vampires.
Theo, I TOTALLY get you! You're doing a challenging job there. Any other ideas you plan to explore?
Theo Stone how did you get into this? I am very interested in doing this
I first of all spent 10 years managing and growing my own portfolio. I then offered those skills as a service to my friends. Word spread and now strangers call me with new business.
Theo Stone I been working as a property manager for the last four years but I want to be able to do it as a side hustle. Any tips?
Is your property manager job for residential or commercial?
Do you work within a letting agency for a government agency?
Wow this is very educative
I purposely searched UK content because US content tends to be the same stuff which doesn't apply as much to UK
I’m 17 and have a part time job £9.75 an hour 5 days a week 5-15 until 9, do you have any ideas of what I could get into to generate a bit more money?
Interesting that none of the passive income streams mention multi-level or network marketing, which many view as pyramid schemes. Can you please do a video to address this? Thank you and God bless :-)
Great ideas! I didn't think about creating a blog till now, but you really encouraged me for this :) I am following your channel now.
Do it! Tutorial here:
Thehumblepenny.com/blogging
Great video! Not just for UK-based folks 😉 Thanks for your work! 🙏
👊🏾
Neat background!
😉
Great content and even it is even better that it is UK based as I am also based in UK (London) and also being someone that has a lot of ideas in creating ways of generating an online PASSIVE income is definitely a passion of mine. Thanks for putting this together. There is definitely value in this video and it has definitely given me some idea's for content on my channel. Stay Blessed. Oli
Hello, I can refer you to my investment portfolio manager who has been managing my investments for the past 9 months and generating good passive income for me
change the batteries in your fire alarm!
You do realise that this video was not made recently? 😀
Great video. But a lot of these ideas aren't passive income per se (eg blogging, youtube) as they require active creation from yourself. Agree re BTL, investing etc.
Very good ideas though for a side hussle. Thank you.
Thanks!
Blogging and UA-cam become partially passive from older content that then generates an income month after month.
This video that you commented on is a good example.
Love this video, really well made, keep it up :)
Thank you, Shaun! :)
Igbo kwenu!
Kwenu! ✊🏽
I couldn’t help but hear the low battery beep 😫
Hey Ken , as a UK person . would you recommend opening a youtube channel and adsense account under personal name or a pvt ltd company . also would you know if u can operate 2 channels under same email account
Hi Sajid
Very good question. I run mine under a Limited Company. I'd personally suggest that.
I don't believe you can run 2 channels under 1 email address.
@@TheHumblePenny when you say limited company, do you mean to register with HMRC. Our channel is still new and obviously we're not generating any income from it so do we need to register it. Thank you.
Impressive content
Hello, I can refer you to my investment portfolio manager who has been managing my investments for the past 9 months and generating good passive income for me
do you pay tax on it? this is what is stopping me from doing the many passive incomes i know of. I just moved to the uk so i don't know how paying tax works but when i started generating a really good amount of passive income i got worried that after i have spent the money i may be called in to pay tax as the company says i am to sort it out myself?
Firstly great videos. Seconodly for amazan affaliates where to ideally market?
A blog is a great place to do it. But you'd need to generate traffic to the blog
Online course !!
So I guess you can afford a new battery for your smoke alarm ?
I thought it was my smoke alarm 😂
Hello, is there any chances to realise any of online business ideas for someone who is not 100% fluent English? I mean i would love doing blogging and all but still I think for that I really need good carry really good English literature . Also really liked the idea of renting out a spare room, but since i don't own any property it would not be possible, or is there any other ways around? l don't think if it's clever as for someone like me to take loans to buy properties to rent them, afraid of such financial burdens. Overall really love your ideas and find them really inspiring, just sady i feel some wall in front of me due to my language barrier and nationality.
Honestly, for English not being your first language, you're writing isn't too bad at all. You can still blog, but I'd recommend using a digital writing assistance tool like Grammarly, to correct any errors in your writing. Hope this helps.
How To Make money Blogging In 2020 And Beyond 💰💰
You need to change the battery in your smoke detector pal :D
Haha done months ago! Thanks anyway
Do you do courses buy chance??
Depends on what you need to learn. We sell various resources but really driven by what you need. To access ALL that we offer, head over to: FinancialJoyAcademy.com
For something passive income related, check out One Grand Plus:
thehumblepenny.com/OGP
@@TheHumblePenny thank you I have emailed you all but do you have a contact number
could you explain affiliate membership further please.
Hi Tracy, any specific questions?
The Humble Penny hi firstly thanks for replying. Just further information on how to start the affiliate item you mentioned please. I’m not very technologically minded. I have sorted some things to sell already. And I’m unsure where would be best to try and sell them. I would but ally take everything to a charity shop.
Good content. Monotonic tone, nearly fell asleep
😂😂😂 Thanks for the feedback
Hello, and thank you for the video. I hope you are well. I don't want to comment again, but I was just wondering if this really worked. I am trying to make £3,000 to pay for some dental treatment. I would be super grateful for some help, and it would change my life like you would not believe.
Everything we shared works. What idea specifically are you exploring?
I haven't tried any yet which do you recommend ? @@TheHumblePenny
Im involved in a few programs that are on my channel i could add a few of these
Would 10kbe a good investment to start in stocks?
Yes. As is 1K or 100 per month. All depends on your goal
The Humble Penny in what range would you expect as a passive income from investing 10k average 😂iknow you can’t give me an accurate figure just a thought
The Humble Penny my current goal is to reach atleast 1k minimum of passive income
@@UltraJamZHD i am investigating the same idea. Using trader212. Its hard, because you need to do a lot of research before you can start investing. I suggest install Udemy and look for free classes on the basics (did that already) then play with 1000 to learn the concept. Still worried that its too easy to loose on the wrong economy,would say not good as main income unless u are a genius
Stefan976 thanks I will look into that
😀😀😀
I must admit this is good quality content for a channel of this size.
We ONLY do good quality around here ;)
How is a blog or a UA-cam channel passive income? They take work.
Yes, they take work. But once you put in the work, elements of it are passive if you know what you're doing. But it still requires ongoing work.
great vid, I'm 20 years old and the sooner I know all my options the better. Stay on the grind!
Great age! Keep pushing!!✊🏽
igbos always the most intelligent!
Igbo Kwenu ✊🏽
When it comes to money cause they like money 😉🤣
Blogs aren't really passive....
They are partly. As you earn income on old content whether you carry on doing any work or not
Hello, and thank you for the video. I hope you are well. I don't want to comment again, but I was just wondering if this really worked. I am trying to make £3,000 to pay for some dental treatment. I would be super grateful for some help, and it would change my life like you would not believe.
As always, a great video, thank you Ken 🙏🏻 I achieved my goal of paying off rental property mortgages in 6 years from purchase on a very modest income. Strict budgeting, amortisation spreadsheets, a very understanding partner and keeping my goal alive, daily, over those 6 years, was the key to me being able to achieve this. Now that I've been able to retire early, I'm keen to increase my passive income. I've some fear to overcome in setting up a website and beginning a blog - how do I make it professional enough and provide quality and consistent content is always to the fore of my mind. But, I know that 'I have to be in it to win it' and start with good planning. Then my goal is to begin a UA-cam channel. Like you were Ken, I am video camera shy, so overcoming this is a necessity. Thank you so much for all your content - so much food for thought.
Congratulations on achieving your goals 😊. Pleased to hear it.
If you need help with your blogging and UA-cam side of things, I can help. You can either book some coaching here:
thehumblepenny.com/coaching
Or
Learn from all our online business courses etc and get coaching too from us at Financial Joy Academy:
FinancialJoyAcademy.com
@@TheHumblePenny thanks Ken. I’ve just become a member of Financial Joy Academy. I can’t wait to absorb the courses contents, expand my networks, hopefully have a positive impact on other members and start new businesses to generate passive income. Exciting 😊
@@allisone7909 Amazing 🙌🏾🙌🏾
@@TheHumblePenny I am glad I took the decision to become a Financial Joy Academy member; the detailed content is just what I'm looking for to give me focus, understand what business is best for me, receive coaching and engaging with a network of like minded people. 🙏
Great video, thanks for sharing
Thanks for watching! :)
Quality video, super helpful, Thank you.
You're most welcome 😊
Man, you deserve more subs.
Learnt a lot from this as always. Thank you
Hey Kelo, that's really good to hear. Which of the ideas resonated with you the most?
Thanks for sharing ..very informative
Thanks for watching 😊
Regarding properties, I'd like to ask if there are other means of raising capital for the deposit, credit cards, bank loans etc.. would the banks accept this method of capital for the deposits? I've heard stories where people have raised capital without using their own money.
What do you think about golden way?
Not sure it’s classed as passive but eBay buying and selling helps me with a bit of extra each month.
Brilliant! Great to hear. What kinda stuff do you buy and sell?
I read a White Paper recently that said that 25% of all UK adults now have a Side Hustle. Good to see this becoming a thing.
I am a subscriber, as usual great content . How can I contact you directly to ask a question?
Email via our blog thehumblepenny.com 😀