If you’re not careful, Facebook can be quite a time suck. You might set out to spend a few hours sourcing content and wind...
7 Reasons to Generate Passive Income with Facebook PagesMichelle
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It’s no secret that you can make some serious money from Facebook fan Pages, but you might be wondering if it’s worth your time. While it may sound fun and easy, creating and maintaining a money-making Facebook Page does take some work up front. Once you get a fan base and an automating scheduling system in place, your Facebook Page can make you money while you’re enjoying a margarita on the beach.
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From job uncertainty to extra savings, having multiple streams of income benefits people in several ways. Here are 7 reasons to consider generating passive income with Facebook Pages:
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You never know what can happen with your job. Companies may need to lay off employees unexpectedly, you might need to take time off for health or family reasons – anything can happen, and it’s important to have a backup plan. Passive income from Facebook Pages gives you something to fall back on during those times. It buys you time while you figure things out.
2. Padding your savings
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Passive income with Facebook Pages allows you to build up your savings without taking on a second job and taking up more of your time. You never know when you’ll be faced with an emergency, whether it be your health, a hefty car repair or a leaking roof.
3. Pay down debt
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Use passive income from Facebook Pages to pay off your student loans, mortgage, credit cards or vehicle quicker and get that much closer to financial freedom.
4. Fun money
Want a sweet gaming system that your spouse thinks is ridiculous? Use Facebook Page income to pay for those fun things that you might not be able to justify spending your hard-earned money on. Or use it to treat yourself to a nice massage or a night out.
5. Holiday funds
Be prepared for the holidays by saving your Facebook Page funds for Christmas gifts. Holiday spending goes up every year, costing families thousands of dollars on gifts, food, decorations, travel expenses and more. Instead of dreading the gift-buying season, enjoy buying your family nice gifts without making a dent in your bank account.
6. Vacation fund
We can’t work all the time – everyone needs a vacation. In fact, it’s healthy! But more than 40% of Americans don’t take all of their vacation days. Don’t let money be an excuse. Use your Facebook income to fund your memory-making trips around the world.
7. Kids’ college fund
Why not let Facebook fund your kids’ college tuition? With college expenses as high as they are, it’s never too early to start planning for it. Facebook Page income over the years can make nice contributions toward tuition bills.
What’s Your Reason?
It’s a great idea to have multiple streams of income. Passive income with Facebook Pages acts as a nice backup during a job loss or tough times and can help with unexpected expenses. What could you do with some extra money? Find your reason why and start creating and monetizing your own Facebook fan Page!
Here are a couple guides to get you started:
How do you spend your Facebook Page income? Let us know by leaving a comment!