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Author Topic: Passive income  (Read 2716 times)

Offline Sukii

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Passive income
« on: September 28, 2024, 03:56:43 PM »
To my nigerian brothers and sisters on this forum I great una
Well as we all know the cost of living in thus country nor be small mater to some people
To the extent say cost of living wan kill the living
I know they are different people from different states on this forum so I want to use this opportunity to ask this question
As a university student what are legit means we can use as a means of passive income
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Passive income
« on: September 28, 2024, 03:56:43 PM »

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Re: Passive income
« Reply #1 on: September 28, 2024, 04:50:19 PM »
To my nigerian brothers and sisters on this forum I great una
Well as we all know the cost of living in thus country nor be small mater to some people
To the extent say cost of living wan kill the living
I know they are different people from different states on this forum so I want to use this opportunity to ask this question
As a university student what are legit means we can use as a means of passive income

As a student I would advice you not to go into financial investments like cryptocurrency or forex, I'm not saying it's a bad idea or people don't benefit form these investments but they come with a lot of psychological breakdowns which might affect your studies, it's better to do all of that when your studies is out of the way. As a student you should consider doing other things that won't require finances, like affiliate marketing, drop shipping or sales. Sales is very common, it involves a simple system of working with different people that sell products, all you have to do is take pictures of those products on your social media space then add your profit to the original amount, this is quite an easy way to make money passively. You don't need to put in any money.

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Re: Passive income
« Reply #1 on: September 28, 2024, 04:50:19 PM »

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Offline Mia Chloe

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Re: Passive income
« Reply #2 on: September 28, 2024, 11:26:14 PM »
As a student don't follow the trend rather follow your likes and eases genuinely and learn a skill and most importantly make sure to become a professional in that field. However to be able to keep up with good grades, it's better to make sure that your skill is an online skill just to make sure it's far more flexible for you to manage. Offline skills are nice too if you become a professional however an online counterpart would offer a wider audience and more flexible working hours which is exactly what you need as a student.

Things like running an E shop, drop shipping and some nice investments are good examples of obvious sources of passive income. The whole internet is is broad and being professional at a skill is most important.
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Offline Sukii

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Re: Passive income
« Reply #3 on: September 29, 2024, 12:37:52 PM »
As a student don't follow the trend rather follow your likes and eases genuinely and learn a skill and most importantly make sure to become a professional in that field. However to be able to keep up with good grades, it's better to make sure that your skill is an online skill just to make sure it's far more flexible for you to manage. Offline skills are nice too if you become a professional however an online counterpart would offer a wider audience and more flexible working hours which is exactly what you need as a student.

Things like running an E shop, drop shipping and some nice investments are good examples of obvious sources of passive income. The whole internet is is broad and being professional at a skill is most important.

That's very true considering the fact that offline skills require your time abd attention which you can not afford to give because you are a student
Well what do you think about getting a partime job atleast that will fetch us something and doesn't necessarily take up all of our time
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Re: Passive income
« Reply #4 on: September 29, 2024, 04:28:02 PM »
As a student don't follow the trend rather follow your likes and eases genuinely and learn a skill and most importantly make sure to become a professional in that field. However to be able to keep up with good grades, it's better to make sure that your skill is an online skill just to make sure it's far more flexible for you to manage. Offline skills are nice too if you become a professional however an online counterpart would offer a wider audience and more flexible working hours which is exactly what you need as a student.

Things like running an E shop, drop shipping and some nice investments are good examples of obvious sources of passive income. The whole internet is is broad and being professional at a skill is most important.

That's very true considering the fact that offline skills require your time abd attention which you can not afford to give because you are a student
Well what do you think about getting a partime job atleast that will fetch us something and doesn't necessarily take up all of our time

Offline skills although depending on the particular one can be leveraged. Maybe as a higher level student. This can be with the understanding of the teacher likewise getting a part time job. But wait ooooh see e depend on the possibility of part time job because e no too dey common I think.
Then with all the offline possibilities, online can also be fully integrated. Ranging from graphic design, marketing to even writing and so on... Online fit even go along side with schooling, part time jobs or skill acquisition but it depends anyways on resolving the challenges behind online business /jobs.. Which is getting a direct connect or guidance not just trial by errors..

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Re: Passive income
« Reply #5 on: September 29, 2024, 04:53:22 PM »
As a student don't follow the trend rather follow your likes and eases genuinely and learn a skill and most importantly make sure to become a professional in that field. However to be able to keep up with good grades, it's better to make sure that your skill is an online skill just to make sure it's far more flexible for you to manage. Offline skills are nice too if you become a professional however an online counterpart would offer a wider audience and more flexible working hours which is exactly what you need as a student.

Things like running an E shop, drop shipping and some nice investments are good examples of obvious sources of passive income. The whole internet is is broad and being professional at a skill is most important.

That's very true considering the fact that offline skills require your time abd attention which you can not afford to give because you are a student
Well what do you think about getting a partime job atleast that will fetch us something and doesn't necessarily take up all of our time
It depends on the kind of job but I think online part time job is still very cool because it is more flexible. However, if you offline job too ia good and that's if you have a good understanding with your Boss. One needs a skill in this country to survive based on thw current hardship wether you are a graduate or not. Freelancer should be helpful.

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Re: Passive income
« Reply #6 on: September 29, 2024, 05:11:27 PM »

Well what do you think about getting a partime job atleast that will fetch us something and doesn't necessarily take up all of our time

Before getting a part-time job there are several things you should consider first, like how good am I academically? Will I be able to keep up with with academic work and still do some part time job alongside? Will I be mentally able to do this type of task? And lastly the department you’re in - there are some departments that are way less stressful than others; if you’re in one of those then you might consider doing a part time job but if you’re in a stressful department with lots of workload then I won’t advice you to take a part time job.

Remember the primary reason you’re in school is for you to get your certificate - they’ll always be time for you to make money as long as you’re in a lucrative department - don’t for the sake of money miss both your certificate and money.
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Re: Passive income
« Reply #6 on: September 29, 2024, 05:11:27 PM »


Offline Mia Chloe

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Re: Passive income
« Reply #7 on: September 29, 2024, 11:29:40 PM »
It depends on the kind of job but I think online part time job is still very cool because it is more flexible. However, if you offline job too ia good and that's if you have a good understanding with your Boss. One needs a skill in this country to survive based on thw current hardship wether you are a graduate or not. Freelancer should be helpful.
Part time jobs and gigs too are nice ideas. Free lancing can be quite flexible especially for someone like a student who needs flexible working hours. Offline jobs are nice too though the slight problem a student would likely face is how to make his working hours flexible and sometimes for an offline job, working hours may clash with study hours which can be quite unproductive in the end that's why most students prefer online ones.

I think the whole concept behind making passive income is easier from the Idea of having a business or a brand of sort. Jobs too it quite uncommon conditions can generate passive income too but I think business running cuts it better. Never the less all should be fine as long as you dish out quality.
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Offline Thyplaymaker

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Re: Passive income
« Reply #8 on: September 30, 2024, 03:21:45 PM »
If our country wasn't like this I would have say that one should focus on learning aspect and leave money for now , but that would be somehow.  Because this economy is getting tougher each day , and nah who dun eat well dey read because most student at school also have younger siblings their parents are still Taken of and this time around even an average family is still struggling to survive so having , something that will help you with some passive income will help to reduce the stress for the parents and same time will help the student to Able to take care of some personal expenses. Having an online skill would be nice at time like this but never forget your primary goal which the certificate, but always have a backup skills e get why...

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Re: Passive income
« Reply #9 on: October 02, 2024, 12:07:13 AM »
If our country wasn't like this I would have say that one should focus on learning aspect and leave money for now , but that would be somehow.  Because this economy is getting tougher each day , and nah who dun eat well dey read because most student at school also have younger siblings their parents are still Taken of and this time around even an average family is still struggling to survive so having , something that will help you with some passive income will help to reduce the stress for the parents and same time will help the student to Able to take care of some personal expenses. Having an online skill would be nice at time like this but never forget your primary goal which the certificate, but always have a backup skills e get why...

If every student were to focus on their studies alone, then we should be asking how much are the parents earning from their jobs whether it be a government work or private. Students don't only go to school to learn, but to spend money as well. If a child attends a suppose school that is free, then you should be asking for the numbers of quality teachers that are present. The importance of money should not be underated, especially in an economy that isn't improving. Like I keep saying, almost everyone deserves to live a better life in this country, but some individuals are shifting it to one part of the country.
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Re: Passive income
« Reply #10 on: October 02, 2024, 07:44:11 PM »
As a university student what are legit means we can use as a means of passive income
There're many skill to pick from online, offline or both, among the most common are those who venture into real estate or doing other businesses within the school, like working in a cybercafe  part-time, selling materials, offering tutorials and the likes.
While there're so much more including the fact that there free online courses for majority of the online skilled like programming, web development, digital marketing, salesforce admin and the likes. You don't really need to pay for a course online if you're not financially capable for paying just get your necessary device more likely pc and constant data connection, then you're good to go.

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Re: Passive income
« Reply #11 on: October 04, 2024, 08:15:16 PM »
As a university student what are legit means we can use as a means of passive income

As a student, there are many legit means you can earn from but that will still depend on the risk involved in them. Some are less risk and can be considered to take part on while most are risky and you need to stay away from them. You should also know that the cryptocurrency investment and trading are a good way of passive income but they require more and more knowledge and are on the high part of risk than you can imagine it. Talking about bitcoin investment, they can be less risky but require long time periods to start benefiting from them which is not a sustainable passive income for students. Learning physical handwork are great but getting engaged online is better as a student, it paves way to more learning and exposures to the technological world which we are into now.

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Re: Passive income
« Reply #12 on: October 05, 2024, 11:16:46 PM »
As a university student what are legit means we can use as a means of passive income
As a student in a higher institution in Nigeria, you require two skills: one is a temporary skill to fetch you income for your basic needs, and then a long-term skill that should be able to earn you enough income after you're done with university education. One of such temporary skills you could learn as a university student, is drop shipping. Drop shipping as a business is helping a lot of students in school to earn passive income from selling items, linking up consumers to producers. Find an item that you could sell, and you are certain people around you and in your contact will patronize, then seek a supplier who can supply these products to you on demand, and then start selling.
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Re: Passive income
« Reply #13 on: October 05, 2024, 11:25:03 PM »
Also as a student you need money at every week.to settle things so if you can lay your hands.im any physical business if there is money. You can sell men and boys things.in the school.if you can do that. Just tell your friends and sometimes carry some of your goods to school and show them. And I believed you can make profit from there weekly. And when you have gotten good amount then you can invest in cryptocurrency. But at first you have to secure inflow income first before crypto investment.

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Re: Passive income
« Reply #14 on: October 08, 2024, 06:11:01 AM »
Also as a student you need money at every week.to settle things so if you can lay your hands.im any physical business if there is money. You can sell men and boys things.in the school.if you can do that. Just tell your friends and sometimes carry some of your goods to school and show them. And I believed you can make profit from there weekly. And when you have gotten good amount then you can invest in cryptocurrency. But at first you have to secure inflow income first before crypto investment.

Yeah, clothing and perfume selling happens to be a very common and easy business on campuses, and I think the social media has been a helpful means to promoting their service rather than moving the available goods to different locations to show case them. And students who are more flexible and knows how to relate well with others are mostly those that ends up getting a good number of customers, and we all know of the benefits of having good number of customers that genuinely likes your service or what you offer.
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