The reason people want passive income is obvious. They need extra cash to maintain financial health. How this passive income should get earned is a more nuanced question. What do people expect from passive wealth streams in terms of functioning? As a passive income app with Wi-Fi money, ByteLixir has researched the topic and presents answers. Our findings concerning desired passive income features build upon empirical sociological data coupled with common sense.
# 1 Passive income stability
Individuals focus on making their cash flow continuous. That is what Bankrate, a NYC-based financial services company, says in recent study regarding side hustles. While their team focuses on America, these implications describe all advanced economies and, more so, developing countries.
Per Bankrate, one out of every three, i.e. 33%, side hustlers rely on extra incomes to cover day-to-day living costs. They won’t survive without additional cash. Other reasons are compelling, too:
- 27% seek available funds for discretionary spending.
- 25% require side earnings designated for savings.
- 12% prioritize debt repayment.
All four rationales mandate stability. Financial dependability is what ByteLixir, as an online earning platform, guarantees. As long as WWW exists, users will be able to make Wi-Fi money by monetizing bandwidths via our passive income app, on their own or collecting remuneration through the referral program.
# 2 Passive income ease
As a biological species, we grow tired. It’s not about attitudes, it involves biology. Fatigue causes feeling unwell. The World Health Organization declares: 55+ hours of laboring per week raises a chance of heart weakening for 35%.
In case a person spends 5 days working 8 hours, one gets 40 weekly. Not much time left for side hustles. Here are disturbing side gig figures from CNBC:
- On average, Americans allocate 13.4 hours a week to side hustles.
- One in 10 individuals dedicates 30+ hours each week to side hustles.
Humans should not overwork and preserve their physical and financial health. Our Wi-Fi money app makes it possible:
- Register on the ByteLixir online earning platform.
- Download and launch our passive income app.
- Sell Wi-Fi, receive money.
No hard labor involved.
# 3 Passive income growth potential
Getting back to the source. They asked what one would estimate as their monthly earnings from side hustles? A disturbingly high proportion of 28% said their norm was $1–50. No great reward.
While ByteLixir’s Wi-Fi money rates are limited per se, we, as a passive income app, offer scaling opportunities. Partake in our online earning referral program, build a network of contacts via links, and boost incomes. There is always space for growth.
# 4 Low entry barriers concerning passive income
A self-evident fact. Not all people have qualifications and skills in high demand for side hustles or resources for such passive income alternatives as high-yield accounts, real estate, bonds, securities, etc. Some might have problems with home internet access.
No matter, ByteLixir is an option for all who strive for financial health and possess portable devices. Join public Wi-Fi networks, sell their bandwidth. Our online earning system accepts such traffic. With this final pro in mind, one can safely wrap them all. Our protected Wi-Fi money app matches all 4 crucial online passive income criteria of predictability, simplicity, progress, and access.
Join us and start earning — it's free.
