Over the years, the cost of living has increased. It has become almost impossible to comfortably support your lifestyle by living paycheck to paycheck. The ongoing COVID pandemic has also worsened things, leaving many people cutting down on their spending to adapt to the changes. The experiences have opened people to the importance of passive income.
Realizing the potential early on, PushAMZ, a full-service store management company, is showing people how to create passive income streams.
The founders, Luis Millan and Mac Ismail, worked in various industries when a common goal brought them together. They both had identified an opportunity in e-commerce and decided to invest in it. Years down the line, they have a team of over 100 employees worldwide and generate passive incomes for 120 investors.
According to the duo, surviving in today’s world requires a lot more than a traditional education. With tech evolution, the world is rapidly changing, and new trends are coming up. People have had to step out of their comfort zones as they look for ways to protect their personal finances.
Having multiple revenue streams gives you financial stability, security, and freedom of time. Rather than working to earn money, your money works for you, saving you the trouble.
Life is full of uncertainties, and no one is sure what tomorrow holds. Solely depending on an active income puts you at risk. PushAMZ explains that some situations are unavoidable, and you have no control over them, so when something happens and you are unable to work, you can’t earn if you rely on active income.
The team further adds that some people are forced to retire at an older age as they try to earn more money to survive. One of the problems with this is that the more you earn, the more you spend. This is because your expenses are more compared to the income you are generating. PushAMZ explains you create a bigger financial margin with a passive income source, giving you resources to focus on your goals.
When planning to create a passive income stream, the team at PushAMZ recommends doing detailed research to choose one that best suits you. Their automation experts help their clients understand e-commerce automation and become successful online sellers, a process they oversee step by step.
Time is the greatest equalizer, and no one gets more than the other. We all get 24 hours a day. It’s also the greatest asset and one that money can’t buy. Considering the rise in the cost of living, it’s quite to get stuck making a living that we forget to make a life for ourselves and treasure each moment. A passive income gives you the ability to detach earning from time and still excel.
Stephanie Schuldt, one of the brand ambassadors and clients of PushAMZ, quit her job in the corporate world to follow her passion and travel worldwide. Using the revenue generated from her multiple passive income streams, she now sails around the globe, knowing that there’s money going into her account no matter what she is doing. She is living the life of her dreams, and you can too.