The Joy of Small Passive Income

Of course, having a large sum of Continuous Passive Income is great. Small ones, having more moments of joy in life, are also good, really good.

In the article “The Importance of Passive Income”, I highlight that sources of continuous passive income, when reaching a certain level, may help a person achieve real financial independence, granting freedom in terms of time and location. I haven’t fully achieved that yet, still in the building stage. While my present passive income does not match what I earned in my former daytime contracting job, the joy it brings is great.

I stopped contracting in 2021 to focus solely on passive income streams. Passive income, at least for most people, is NOT directly tied to wealth (in terms of a higher amount of money), but rather to the sense of freedom. I believe many readers are in better financial positions than I am. This article does not offer financial or career advice; it is simply a sharing of my experience.

First, a brief list of my current passive income generation streams:

• Book Royalties
  13 in total (12 on Leanpub, one printed press, some in printed form available on Amazon) and an interactive course on Educative.

• Test Automation & Continuous Testing Tools
  - TestWise IDE, testing IDE,$30/month
  - BuildWise Agent, continuous testing build agent, $30/month
  (BTW, both the above tools offer free mode)

• Web Apps
  - ClinicWise, practice management software, from $30/month
  - WhenWise, a service-booking app, from $5/month

• Writing Articles
  - Medium
  - Substack (newsletter, $5/month).

1. Awaken and discover that you’ve earned income overnight.

Like many people, the first thing I do after waking up is to check notifications on my iPhone. My primary purpose is to check whether there is a sale of my software tools (e.g. TestWise or BuildWise Agent Licences), a paid customer subscription for my apps (e.g. WhenWise), or sales of my eBooks (like the one below).