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Summary
Credit: Craig Dobbson
In this podcast Paul and
Josiah talk about
residual income streams. A residual income stream is small trickle of money that comes in by way of work you've done in the past. Some examples are the creation of advertising on web pages, articles, videos and other digital content. Paul was able to quit his day job and focus solely on permaculture stuff from these small income streams. He goes on to explain how he's been able to buy
land and equipment through several different versions of income stream development.
They go on to talk about real estate, investing in land and people. There are also things like adsense and adwords but as a counterbalance there are things like ad-blocking software which can make things tough. Permies.com has created a new method of advertising that is less annoying and works well. It's called
thread boost.
Along with reducing expenses, residual incomes can really help you to reduce your debt, and reinvesting.
They go on to talk about Youtube, Amazon, ebooks, newsletters, articles and so much more.
Some other small income streams include renting stuff out on craigslist, renting rooms, car advertising and even just creating tons of links and
affiliate stuff online.
Relevant Threads
The big list of residual income streams
Passive income ideas
Residual income podcast #261
Building residual incomes
Thread boost feature on permies
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To support production of these podcasts, make a donation
here at Paul's Patreon page.
This podcast was made possible thanks to:
Lisa Goodspeed
Keith Kuhnsman
thomas adams
Jocelyn Campbell
Julia Mason
Bill Erickson
Dominic Crolius
Josh Phillips
wade L
Suleiman ALAQEL
Ash Jackson is The Scrollbard
Jason Hower
Bill Crim
Full Name
Miroslav Ultrama
James Tutor
David Ingraham
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