Marketing Manager, 25, Reveals How She Makes $10,000 A MONTH Through Five Income Streams — And How You Can Too
- Queenie Tan, from Sydney, has shared how she makes $10,000 a month
- The 25-year-old has five sources of income with her partner Pablo
- She generates her income through dividends, YouTube ads and affiliates
- Sponsorship and an e-commerce store also help her make money
- Queenie also has a share of $450,000
A 25-year-old marketing executive with an incredible $450,000 net worth has revealed how she makes $10,000 a month from five streams of income.
Queenie Tan, from Sydney, has been interested in finance since she was 19 and has since learned how to generate passive income through investing and side hustles.
Each month, Queenie and her partner Pablo earn $500 in dividends, $2,000 in YouTube ads, $5,000 in affiliates, $3,000 in sponsorships, and $200 from their e-commerce store.
“This would never have been possible if we hadn’t gone out and been an afterthought,” she said on Instagram video.
Her net worth is calculated by adding up a person’s total assets, minus any debts.
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Queenie Tan, from Sydney, (pictured) has always been interested in finance since she was 19 and has since learned how to generate passive income through investing and side hustles
Each month, Queenie and her partner Pablo earn $500 in dividends, $2,000 in YouTube ads, $5,000 in affiliates, $3,000 in sponsorships, and $200 from their e-commerce store
Invest – $500
In the YouTube video, Queenie said the amount of money she’s invested generates a profit of $500 a month through dividends — a sum of money paid by a company to shareholders out of the profits made.
She said dividends are one of the “easiest ways” to earn a passive income that averages a return of 5.5 percent per year.
The BetaShares Global Sustainability Leaders ETF (ETHI) is a stock that Queenie regularly invests in.
Queenie and Pablo have invested more than $200,000 in various stocks and exchange-traded funds (ETFs).
YouTube Ads – $2,000
As of March 2020, Queenie has been building her YouTube channel and now has over 25,000 subscribers, contributing to an average income of $2,000 per month.
After the first six months, the page on YouTube was checked for 1,000 subscribers and 4,000 hours of watch time.
Although she didn’t make any money at first, she slowly started earning hundreds of dollars a month.
In addition to YouTube ads, Queenie also generates $5,000 from affiliate programs shared on her platforms
Affiliates – $5,000
In addition to YouTube ads, Queenie also earns $5,000 from affiliate programs shared on her platforms.
“I already mentioned tools and products that I use to save money and also to invest, so I decided to sign up for the partner programs for these tools,” she said.
“So you can get some extra benefits by using my links and I can get a kick back too.”
Queenie said she only promotes products she uses herself.
Sponsorship – $3,000
Queenie says she will only participate in online paid sponsorships if the campaign makes sense and if she uses the brand.
On average, she earns $3,000 per month through sponsorship and charges $1,000 per social media post to share with her 100,000 followers.
“Having affiliates and sponsorships can be great revenue streams, but I can’t really determine the payment and I’m dependent on a third party,” she said.
Ecommerce Store – $200
In her spare time, Queenie also runs an e-commerce business that sells fake eyelashes, making an average of $150 to $200 per month.
“All we have to do is put the lashes in the envelopes and then ship them to our customers,” she said.
But she admitted that the crowds aren’t something she’s so passionate about compared to her YouTube channel.
Queenie Tan’s Six Steps to Financial Freedom
1. Track your expenses.
2. Calculate your FIRE number.
3. Prioritize your expenses.
4. Invest your savings.
5. Stick to your goals.
6. Become financially free.
Source: Invest with Queenie