Baie goeie inskrywing, veral om ‘n balans te vind tussen terugbetaling van skuld en beleggings.

Yes, you can build up source of passive income with low amounts of money.

Firstly, any investment can start with a small amount.

You can start by investing a little bit, which will give you only a small return, and invest more and more over a over a few years (e.g. by buying a small amount of shares every few months) until your investments grow into a significant passive income stream.

Secondly, you can use your skills to generate you sources of passive income. E.g., start a website offering useful information about something you have an interest in, optimize it for search engines, and then sell advertising space on your website.

It can be about anything – travel, photography, fishing. This website is an example of that – I have an interest in personal finance, so by building a useful website that offers helpful information to people, and through marketing and optimizing for search engines I can attract more traffic here, and generate an income from selling advertising space.

A website is just one example about how you can use your skills to generate a source of passive income. There are also other ways. E.g., if you have an interest in photography, you can perhaps make an agreement with a photography shop and earn commission from sales from people you referred to that shop.

Hope this helps Alvin.

You only have to scan the news sites and see the number of jobs being cut – without those alternative income sources, you will find yourself struggling.