Category - career ideas

Passive Income Sources 2020

Passive Income Sources 2020

Passive income is money that is usually (but not always) received regularly without any or only little effort. You either have to do much, in the beginning, to set up your passive income stream or/and you regularly have to invest at least a bit time, effort or money to maintain that income.

1. Income Idea Through Drop Shipping

With the blast of eCommerce, drop shipping has turned out to be extremely famous. Here is how it works: you make an online store that offers items from certain manufacturers. A person visits your site, orders an item, and your system sends the order request to the manufacturer of that product.

2. Writing Books For Passive Income

Selling books can be an incredible way to create some genuine passive income in the form of royalties. In today’s day and age, once your book is accessible on a site like Amazon, you could get a check every month for doing nothing. The more time you spend promoting your books, the more cash you’ll make online and offline.

3. Income Through Cash Back Websites

This may not be considered as something that will help you go to early retirement. But you can still earn money with no effort required from you. Not to mention that this is completely free. All you have to do is sign up in cashback on shopping websites. They will give back a portion of the total amount that you spend on your purchase.

4. Vending Machine Business

This is one of the often underestimated passive income ideas. But it is a great way to make money especially if you have found the right place to install your vending machine. Consider the number of people going in and out of that place, you will stand a big profit if you have placed the machine in a strategic area. A well-placed vending machine can potentially earn $100 per week or even hundreds of dollars per day.

5. Income From Lending Money

One of the best passive income ideas is to loan money to others and get paid in the form of interest. We’re not saying to loan money to a broke friend who never pays you back. As a private lender, you can lend to anyone in your social circle. For example, many home fix and flip investors need access to a source of capital they can tap into very quickly to fund the initial purchase of their properties.

6. Time Deposit Is A Good Passive Income Idea

You can earn passive income by investing money in fixed deposit accounts. This is one of the best passive income ideas that present very minimal risks. Unlike other savings account, a time deposit has a stated date of maturity. You cannot withdraw such a deposit before the maturity date. The interest rate of this type of savings account is considerably higher compared to other accounts, but it depends on the term and amount placed.

8 Scientifically Proven Tips For More Effective Studying

8 Scientifically Proven Tips For More Effective Studying

Whether you’re in high school, or an adult going back to college, balancing coursework with other responsibilities can be challenging. If you’re teetering on the edge of burnout, here are some study tips that are scientifically proven to help you succeed!

1. Highlight Key Concepts

Looking for the most important information as you read helps you stay engaged with the material. This can help keep your mind from wandering as you read. As you find important details, mark them with a highlighter, or underline them. It can also be effective to jot notes along the edges of the text.

2. Summarize Important Details

Consider using different colors on your paper. Research shows that information presented in color is more memorable than things written in plain type. You could use colored pens or go over your words with highlighters.

3. Create Your Own Flashcards

The great thing about flashcards is that they’re easily portable. Slip them in your bag, so you can pull them out whenever you have a spare minute. This is a fantastic way to squeeze in extra practice time outside of your regularly scheduled study sessions.

4. Improve Recall with Association

Sometimes your brain could use an extra hand to help you hold onto the information that you’re studying. Creating imaginary pictures, crafting word puzzles or doing other mental exercises can help make your material easier to remember.

5. Absorb Information in Smaller Chunks

You divide the 10-digit number into three smaller groups. It’s easier to get these three chunks to stick in your mind than it is to remember the whole thing as a single string of information. You can use this strategy when studying by breaking a list down into smaller parts. Work on memorizing each part as its own group.

6. Make Your Own Study Sheet

Condensing your most important notes onto one page is an excellent way to keep priority information at your fingertips. The more you look over this sheet and read it aloud, the better that you’ll know the material. Furthermore, the act of typing or writing out the information will help you memorize the details. Using different colors or lettering styles can help you picture the information later.

7. Be the Teacher

In fact, you can even recruit a friend, a family member or a study group member to listen to your mini-lesson. Reciting your presentation aloud to someone else will help the details stick in your mind, and your audience may be able to point out gaps in your knowledge.

8. Know When to Call It a Day

Studies show that too much time with your nose in the books can elevate your stress level, which can have a negative effect on your school performance and your personal relationships. Too much studying may also keep you from getting enough exercise. This could lower your bone density or increase your percentage of body fat.

How to Focus When Studying: 10 Uncommonly Effective Tips

How to Focus When Studying_ 10 Uncommonly Effective Tips

Do you find it hard to focus when studying? There are so many distractions these days: text messages, videos, email, and social media. I’ve come up with this list of 10 tips and techniques to help you concentrate while studying.

1. Use your phone camera or webcam to record yourself studying

Set up your webcam or your phone camera to record a video of yourself studying. The idea is to create accountability. Instead of having a friend check on your progress, you have a camera watching everything you do. Knowing that you are being watched will remind you of your objective.

2. Use Focusmate

If you want to take it to the next level, use Focusmate instead. With Focusmate, you make a pre-commitment to study for a 50-minute period at least one day in advance. You must turn on your webcam during the 50-minute session. This means that you and your study partner can see and hear each other during the study session.

3. Before your first study session of the day, create a plan for the day

Make the plan as detailed as possible. There’s a good reason for this. You must be clear about what you’re going to achieve during each study session. For example, “study science” is not a sufficiently detailed study plan. Here’s an example of a plan with enough detail: “Read pages 25 to 32 of the science textbook and create a summary diagram.”

4. Write down exactly why you want to study hard

Another way to stay focused when studying is to be clear about why you want to study hard in the first place. Write down the reasons you want to study hard. Keep the list handy so you can remind yourself of these reasons when you find yourself losing concentration.

5. Keep track of all the tasks you’ve completed

Keep a record of all the tasks you complete each day. This is important for two reasons. Firstly, it allows you to monitor whether you are meeting the objectives set in your study plan. If you are not meeting your objectives, you may have underestimated the time required for the tasks.

6. Don’t study in bed

Don’t try to do anything productive while lying or sitting in bed. It’s important that the place where you study is not the same as the place where you sleep. You won’t be able to study effectively in a place that you associate with relaxing or sleeping.

7. Adjust the temperature of your studying environment

Make sure the temperature where you are studying is optimal. Researchers at Cornell University found some interesting results when office temperatures were raised from 20°C to 25°C (68°F to 77°F). Typing errors fell by 44% and output increased by about 150%.

8. Tell your family your study schedule for the day

Post your study schedule on your bedroom door or on the fridge door in the kitchen. This way, your family will know when they shouldn’t disturb you. There’s another benefit to doing this. It also gives you a greater sense of accountability.

9. Put all of your digital devices in another room

This might seem like common sense, but I’m surprised how many of my coaching clients were not doing this before I started working with them. The old adage “out of sight, out of mind” applies here. Leave your tablet and phone in another room and put them on silent mode.

10. Listen to classical music while studying

Listening to classical music is another way to help you focus when studying. According to Dr. Godkin, the ability of music to stimulate both sides of the brain is why music helps you focus and also improves your memory.

8 Best High Paying Self Employment Jobs Ideas In 2020

8 Best High Paying Self Employment Jobs Ideas In 2020

For those looking for a career change ideas, self employed jobs seem like a dream come true. The following are 8 high paying self employment jobs for anyone who is eager to become their own boss in 2020.

1. Rideshare Driving

A rideshare driver uses their own car and apps such as Uber or Lyft in order to give rides to individuals who request them. Rideshare drivers work on their own schedules but usually choose to operate during busy times like rush hour or on Friday or Saturday nights.

2. Childcare Provider

Considering the fact that working parents are always looking for affordable childcare options, an in-home childcare center is a good business to start. When caring for children, you are required to provide them with enrichment, serve them breakfast, lunch, and snacks, and protect them from harm.

3. Eldercare Provider

Similar to childcare, eldercare requires you to provide seniors with enrichment and appropriate meals while their families are at work during the day. However, eldercare is provided in the senior’s home on a one on one basis.

4. Web Designer

A web designer creates websites for clients. These range from personal blogs to larger business accounts. As far as self employment ideas go, it is a profession that is not going out of style anytime soon.

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5. Freelance Writer

Freelance writers can be contracted to write blog posts, marketing emails, and even ghostwrite entire books. In addition to writing, many freelancers also find success with editing work.

6. Event Coordinator

If you’re looking for a career change ideas and you have always been the one to head up party planning committees, event coordinating may be for you. Event coordinators are tasked with planning and executing events of various sizes.

7. Life Coach

Life coaching is the process of helping a client gain control over certain aspects of their life. Possible areas are dating, social interaction, finances, and physical health. A life coach provides support, education, and advice to their clients as they attempt to navigate their journey and change their lives.

8. Music Teacher

Music teachers give one on one lessons to individuals wishing to learn a certain instrument. The most popular instruments taught are piano, guitar, and drums.

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Translating…

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