Escape the 9–5 by creating multiple passive incomes?

With real-life examples!

Shivalay Kara
7 min readAug 10, 2021
Photo by Scott Graham on Unsplash

Has anyone asked you one question or statement that changed your opinion on something? Let me tell you mine.

“If hard work made you rich, everyone with a 9–5 would be a millionaire.”

If I just questioned your efforts at your current job, then I’m sorry. Let me make it up to you by teaching you how you could pave your way to financial freedom even with your 9–5. The secret if you haven't guessed it, is by having a side job or a way of making money passively 24 hrs/7 days a week.

Unfortunately, to get started, you need a small investment. This is both your time and money from your active 9–5 income. Deciding what type of passive income you want is determined by your attitude to risk and your acceptance of failures. Money does not grow on trees yet, therefore any form of investment is risky. You're at risk of either not profiting, being out-competed or losing your deposit. But if you play your card right and have the proper research backing your ideas and the correct marketing, there is a lot of money to be made.

I already have a saving account. Isn’t that enough passive income?

Having a saving account is definitely a start, but currently, the amount you’re getting isn’t a sustainable income. Also, remember in the UK, your saving account is only protected up to £85,000 by the FSCS. So this is why wealthy people have turned to assets to not only store their capital but also to gain a healthy return on investment (ROI). Let me ask you about the difference between a wealthy and rich person. Most of us would think they mean the same, but as you know the English language does not contain repeated definitions.

The difference is wealthy people have sustainable money, where they will always be wealthy because their capital is diversified into assets, whereas a rich person will eventually run out of money if they do not diversify/invest their capital.

So don’t work hard, work smart!

Somehow this picture always makes me smile.

So how can I diversify my eggs (money) into different baskets?

Now what is great about passive income is that there are so many different ideas to supplement your active income. Regrettably, the hardest step is also the first step; deciding on which side hustle/ job/ gig to pick.

To help direct you, here is a summary of some of the most feasible ideas.

Cashback/Reward Credit Cards — Yup! Switching or using a reward purchasing card is considered a passive income. A transaction, which you would have made, such as rent, bills or groceries can still be used to earn rewards.

Amex — The Platinum Cashback card (£25 fee) — Higher cashback rate

Amex — The Platinum Cashback Everyday card (free)

To save you getting your calculator out to assess the impact of the £25 fee on your returns, the break-even point for getting the £25 Platinum Cashback card is £10,000 of spending per year. If you would spend over £10,000 on the card, pay the £25 fee.

Amex — British Airways American Express

Sainsbury’s Bank credit cards

Virgin Atlantic Reward Mastercard

IHG Rewards Mastercard

CurveIt’s a one-of-a-kind digital wallet for your cards that gives you 1% daily cashback as you spend. The best part is that you can combine these rewards with existing benefits from your credit card provider.

Here's the invite link to join.

TopCashback — Cashback portal that allows you to earn money for purchases you make online that you would have made anyways. Combine with reward credit cards and Curve.

Crypto staking (like a bank) — You can deposit money/stake money into a crypto wallet to earn interest rates up to 7.6%.

Luno — Sign up and use code BPSKARA10 to earn £10 as a no-deposit welcome bonus.

Then use Luno to open a USDC wallet. Interest rates are 7.6% per year. These rates are better than a bank. Furthermore, USDC is a stable coin (cryptocurrencies where the price is designed to be pegged to $1). This means these coins are designed to remain at a stable price as an exchange crypto-coin.

Algorithmic Trading (What I specialise in) — Similar to the auto-copier, where you are copying a successful trader, my algorithm trades automatically where your account is being controlled by a software

Here's the article on the strategy:

This is my passive income idea and speaking with an experience, I’ve loved every step of it. It can be difficult at first but the reward pays out in good time. I now have clients and a team working with me.

Investing, auto-copier — Depositing money onto index funds or copying the top-performing accounts.

Trading212- Copy the top-performing pies on trading212

Etoro — Copy other investors automatically with your investment.

Real Estate (Housing)/ REITSThese are companies that own or finance income-producing real estate across a range of property sectors. You can buy shares in the most popular market. An easier way to jump onto the property ladder without owning any properties.

Digital Products (Etsy, Facebook MarketPlace, Ebay) — Selling products at a higher marginal price. Although this idea has the most active work. Eventually, the goal is to automate most of the steps. This is also one of the most lucrative, but difficult ideas to compete successfully.

Amazon FBA/ Dropshipping — Likewise to selling products at your online store with Facebook and Etsy, Amazon FBA (Fulfilment by Amazon) lets you purchase and store products sourced from cheaper countries. Amazon store and fulfil order on your behalf for a small fee from the product price.

AirBnb — If you have a spare room and would like to rent out your space. Use Airbnb to advertise your room.

Instagram accounts — Create an Instagram page on a specific niche that attracts followers. Using your influence you can gain paid sponsorship and endorsements from companies looking to market their products.

Youtube Partner Programme account — Create videos with or without your face for other people to watch. You could create videos with background music to gain views passively. YouTube ad revenue only occurs once you reach 1000 subscribers and have 4000 watch hours. Youtube pays around $3–6 per 1000 views.

Website (Google Adsense, Affiliate Income, Sponsorship) — Earn an income through creating websites/blogs and get paid by displaying small adverts by Google.

Patreon PagePatreon is a membership platform that makes it easy for artists and creators to get paid. People often use this to get extra money through their digital work, such as Youtube or from a blog. Use sites like this to supplement your cost or be rewarded for the dedication you put into your content.

Affiliate Marketing — This is when a company compensates you to generate traffic or leads to the company’s products and services. You promote their products for a commission fee. Like a referral bonus.

Amazon Affiliate — Affiliate for any product on Amazon through your social media platforms.

Courses, digital/ physical shipped products, etc. — There are thousands of companies offering a commission for bringing in clients. The higher the price ticket, the higher the payouts. Just remember to check the product beforehand or Youtube some of the current examples.


Now you have an idea of some of the different types of passive income, think about what works for you as it will take some time to make the passive income a sizeable amount.

As always, contact me for any queries and questions.

Shivalay Kara

Any financial advice whatsoever with any products supplied, be that the algorithm, emails, calls, research, analyses, or other information contained on any page, are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. Any person undertaking does so with the understanding that the content supplied is a guide to demonstrate how Shivalay Kara and the team trades with the algorithm. All education and products are done so in a non-professional environment, and Shivalay Kara and the team won’t hold any responsibility for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of the algorithm or advise.




Shivalay Kara

Just someone who’s passionate about making money through passive income.