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NEED FINANCIAL ADVICE

by eth1cle - 24 December, 2023 - 04:27 AM
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#1
(This post was last modified: 24 December, 2023 - 05:12 AM by eth1cle. Edited 2 times in total.)
So I have 1000$ saved up, what is the best course of action that I can take in order to gain passive income and quit my job (I work minimum wage, and I hate it.) I'm just asking for advice here because no one else in my life is financially smart and I dont know what to do.

I have learned a few skills, one being coding. I've learned multiple languages over the past few years and built a few projects but I have never been able to make any money from it.
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how would you earn any substantial passive income from 1k
 
 
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(This post was last modified: 24 December, 2023 - 04:35 AM by eth1cle. Edited 1 time in total.)
(24 December, 2023 - 04:29 AM)VZS Wrote: Show More
how would you earn any substantial passive income from 1k

I know that 1k is not alot, and I dont expect to earn passive income from 1k. I'm just asking what I could do to learn or make more than minimum wage with the amount of money that I have, I'm just trying to work with what I have.
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you can't make anything with 1k


get 5k then ask this question again
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(This post was last modified: 24 December, 2023 - 04:40 AM by eth1cle.)
(24 December, 2023 - 04:35 AM)Kinder Wrote: Show More
you can't make anything with 1k


get 5k then ask this question again

I will continue to work and work my way up, but there is no way at all for me to gain even a little bit of capital?
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not really no.


if you want a passive income i would advise of thinking of a business that is not saturated and had 90% of working

get some investors onto it see what happens
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(This post was last modified: 22 April, 2024 - 08:56 AM by Lishonit. Edited 1 time in total.)
With $1000 saved up, starting your own business is definitely possible. Look into low-cost or online business opportunities that align with your interests and skills. Invest in self-development resources and tools that can help you launch and grow your venture (appy to indinero customer service). It's essential to do thorough research and create a solid business plan to maximize your chances of success. Remember, every big journey starts with a small step, so don't be afraid to take that first leap.
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thx

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