Podcast: A beginner’s guide to passive income

Posted: 3 October 2019 3:14 pm

YouTube's AussieMoneyMan explains how you can earn money doing nothing.

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Passive income is like cruise control for your wealth. The idea is that with the right amount of time and energy upfront, you can set up streams of income that require little to no upkeep. How good is that?

To understand exactly how passive income works, the various tools and strategies to use and how to get started setting up your own passive income streams, we spoke with personal finance creator and YouTuber Nicholas G. Muscat, aka the AussieMoneyMan. He shared his experience and income breakdown for his multiple streams of passive income from affiliate marketing to revenue on social media and why he thinks Gary Vee is a bit overrated.

Whether you're looking for your next side hustle, keen to earn a bit of cash on the side or curious about how YouTubers earn a living, this is a key podcast to check out.

P.S. we are now publishing new episodes every single Thursday.

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The Finder Pocket Money podcast is intended to provide you with tips, tools and strategies that will help you make better decisions. Although we're licensed and authorised, we (and our guests) aren't providing any form of financial or legal advice. So please consider your own situation and get proper advice about your individual circumstances before making any decisions based on anything in our show. Thanks for listening!

Have questions for the Pocket Money crew? Want to suggest a future episode idea? Hoping to speak with other curious young adults sorting through their lives and their money? Join our community for exclusive access and discussions about the show and all things money:

Pocket Money is hosted by Sally McMullen and Marc Terrano. The show is produced by Franko Ali and Ankita Shetty. Editing and theme music from Brianna Ansaldo of Bamby Media.

finder.com.au (ACL 385509. CAR 432664) is Australia's most popular comparison site. We like to help, and we understand that our podcast provides information, insight and entertainment, but it's not personal advice. Consider your own circumstances (or get advice) before you make any decision based on our general comments and commentary.

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