How can I get alternative source of income?

How can I get alternative source of income?

15 passive income ideas for building wealth

  1. Selling information products.
  2. Rental income.
  3. Affiliate marketing.
  4. Flip retail products.
  5. Peer-to-peer lending.
  6. Dividend stocks.
  7. Create an app.
  8. REITs.

How can I earn extra income while working full time in India?

30 Ways To Earn Extra Income From Home In India

  1. 1) Freelancing. Becoming a freelancer is one of the most popular ways of making money from your home.
  2. 2) Blogging.
  3. 3) Start a YouTube Channel.
  4. 4) Airbnb Hosting.
  5. 5) Tutoring.
  6. 6) Become an Online Consultant.
  7. 7) Start Selling on E-commerce Websites.
  8. 8) Earn from Social Media.

How can I generate passive income in India?

List Of Passive Income ideas

  1. Idea 1: Rental Income.
  2. Idea 2: Mutual Funds.
  3. Idea 3: Stock Investments.
  4. Idea 4: Peer to Peer Lending.
  5. Idea 5: Asset Leasing.
  6. Idea 6: Bank Fixed Deposit.
  7. Idea 7: Start A Business.
  8. Idea 8: Invest In A Business.
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What are some good side jobs to make money?

15 Side Jobs to Make Some Extra Money

  • Side Jobs to Make Extra Money.
  • Ride Share/Delivery Driver.
  • Household Helper/Personal Assistant.
  • Care Giver.
  • Pet Sitter, Dog Walker, Sniffspot Host.
  • Customer Service Representative.
  • Freelance Gigs.
  • Rent Your Extra Space.

Which is the best income source in India?

Top 10 Best Sources Of Passive Income For Working Professionals

  • Debt Mutual Funds. A debt fund invests in debt and money market instruments like bonds, t-bills, reverse repo, etc.
  • Large-cap Mutual Funds.
  • Multi-cap Mutual Funds.
  • International Mutual Funds.
  • Blue-Chip Stocks.

What are the 3 sources of income?

There are three main sources for household income: earned income, investment income and government assistance.

How can I make extra money without a second job?

Here are six ways to earn some cash without getting a second job:

  1. Sell items on Craigslist or eBay.
  2. Start an online store.
  3. Open up a new bank account.
  4. Sell electronics for cash.
  5. Sell baked goods to local businesses.
  6. Be a mystery shopper.
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Which is the best investment option for salaried person with medium income?

This investment option is one of the best for salaried person with medium income. National Savings Certificates also known as NSC is a saving bond, mainly used for small saving and income tax saving investment in India, part of the Postal Saving System of Indian Postal Service (India Post).

What are the best sources of alternative income?

Invest in Real Estate: This may be the most important source of alternative income. If you have enough money to buy a flat, you can buy an apartment or any property and rent it for income. If you don’t have enough money to purchase property, you can also take home loans to purchase your property.

How to make a good income at home in India?

Everyone must have read or listened to videos and articles in newspapers, magazines, the Internet, and others, which have given the highest return on equity investments in all investment avenues in India. You can start investing in quality stocks and make a good income at home.

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What is the average savings of an Indian middle class person?

The average savings of the Indian middle-class person comes to be around ₹10,000 per month. But he/she should save 30\% of his or her earning to survive in an uncertain world like ours. For example, if someone earns ₹1 lakh per month, then he/she should save at least ₹30,000 per month. Looking to invest?