Passive income is a great way to earn money while you’re sleeping (or traveling). Having a passive income stream, or two or three, is an excellent way to increase your income, but there are a lot of misconceptions about it.

In this episode, we discuss the truths and myths about passive income — what it is and what it isn’t — and strategies for developing your own passive income streams.

We’re also giving you a worksheet to help you stay on track with your goals as you create your passive income sources.

Download your Passive Income Tracker here.

Hashtag #Anywhereist

This week, we’re starting something new. Got a comment or question about the podcast episode? Post it on Twitter with the hashtag #anywhereist!

Episode Sponsor

This episode was sponsored by QuickBooks Self Employed. Click here to find out how they can help you spend more time creating and less time doing accounting.

Resources from the Podcast

• Passion Planner
• Affiliate sales managers (there are lots more than these two!)
  • Shareasale
  • Commission Junction
• Journal Your Goals (if you’re a Kindle Unlimited member, you can download the Kindle version for free)

Waiting List for the Business Roadmap

Want to be among the first people notified when the Business Roadmap program is ready? We talked about it in this episode for the first time. The waiting list page has more information.

Episode Music

Thanks for the great music! Our theme music is provided by SoundCloud, and we’re featuring artist ItIs Leanne, playing Corta-Jaca – tango brasileiro.

Follow Your Co-Hosts

Your co-hosts are Susanna Perkins (Anywhereist) and Kitty Navias.

Susanna’s a serial solopreneur, blogger, freelance writer, WordPress maven, and all-around portable career enthusiast. She developed her anywhereist lifestyle in an act of desperation following the US financial meltdown in 2009. During that time she’s moved 7 times, and worked from hundreds of locations at home and abroad.

Kitty’s a millennial with a lot of creative pursuits — she’s a musician, photographer, and writer. She’s traveled extensively, with plans for a lot more. On the show, Kitty will be providing us with tips and resources to keep our lives under control and moving in a forward direction as we become Anywhereists.

Anywhereist website

Follow Anywhereist on Instagram @the_anywhereist

Like Anywhereist on Facebook @Anywhereist

Follow Anywhereist on Twitter @TheAnywhereist

Kitty Navias website

The post Episode 11: The Myth of Passive Income appeared first on Anywhereist.