Bro laffing at your amount it seems

lol

what being an accountant does to a mf

Most passive income comes after putting in hard work on creating products that over time become passive because you did the work already (youtube videos, website templates, ect.)

You've done well to save that money for sure but if you quit now and lived off that 30k you'd have to go back to work at some point. If it's property you want to get into to rent or sell you'd either need much more money upfront or to take a loan. You could buy crypto/stocks but we don't know when things will start improving so you could be holding for awhile.

I'd say look into ways you can improve your skill set to make more, do some courses/studying, maybe start investing but look at financial freedom/passive income as a long term goal honestly - it's not going to come without a time and/or money investment.

Because anybody who is able to have a liveable passive income already has a high six or seven figures or more in investments which they can manage on a day to day level/sell when things are up. Just a mortgage on a 200k house here in the UK can be up to 30k, so even if he did that to eventually sell the property he'd still need to work in the meantime. 200k for a decent property in London isn't likely either, you got houses being valued at 400k - 800k in some rough areas lol

Passive income is for people that are already wealthy, I’m sorry.

Income from rental properties is only for people who’ve already become rich off of something else or have rich parents.

Crypto is clearly a pyramid scheme and not a reliable source of income longterm.

Stocks are also a pyramid scheme, but more established. It’s too late to get into stocks. The legacy kids got it on lock and they’re certainly not letting poors in on any of the actual money.

Your best bet creating something valuable yourself and living off that.

Or figure out a career path in something you enjoy and use your passion to make the grind enjoyable

Put it in a dividend ETF or S&P index fund or some s***

With that amount of money you can also probably just hand it over to a broker and tell them to do their thing

man $30k would save my life. @op wanted to make a humble brag thread just like all the other ones asking for financial “advice”

sam bankman fried type beat

yes gambling 😍💀

I need aggressive income

“Or figure out a career path in something you enjoy and use your passion to make the grind enjoyable”

Me

Hustle University my guy 📈📈📈💯💯💯💪🏾💪🏾💪🏾💹

Last part is key

The problem with that is you have to have money to invest in the vehicles to make passive income.

You really wanna take a shot? Real estate or create a business and hire others to work for you.

There's alot of question marks associated with it. Possible but you either have to have the income to throw at it or take big risks and hope your investments are successful enough to sustain you

There’s always crack distribution.