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Anonymous

15 Aug 2020

βˆ™

General Investing

How to earn passive income during NS?

NS takes away 2 years of full time income. Despite serving the nation, we earn at most 1k+ each month. How can a NSF generate passive income during NS? No moonlighting of course.

Discussion (2)

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To be blatantly honest, there is no fast track to creating a passive income stream in a short period of time. If you have free time in NS though, you can try affiliate marketing or ecommerce (try to automate it as much as possible).

For me, I invest using regular savings plans (RSPs) into the STI ETF and REIT ETFs to create a passive income flow in the form of dividends in the long run, extending past NS. You will not see results quickly, but it compounds into a sizeablw sum over time.

Hope this helps, cheers!

Hi Anon. As blunt as it may sound, this question has been asked and answered by many members of the community (whether or not in the context of NS). Do search "passive income" at search bar on the top right hand corner to look at the replies. All the best.

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