Since I began taking compounding interest more seriously and increased my investments, I’ve had a personal goal: to cover my phone bill entirely with passive and low-effort income. While I’m not quite there yet, I’m happy to share that I’m about two-thirds of the way.
My phone bill is $55 a month, and I currently earn around $36 per month (at today’s exchange rates) in passive and low-effort income. This doesn’t include content creation on platforms like Blurt, Hive, or Steem, but it does include curating rewards, interest from high-yield savings accounts, and my quarterly dividend payouts averaged over three months. On a yearly basis, that adds up to roughly $432 in passive income.
It’s not a life-changing amount, but it’s money working for me while I’m hustling at my day job—and that’s the whole point.
Watching this income grow exponentially has been incredibly motivating. With any luck, the value of crypto will continue to rise and give my passive income a solid boost. And once I hit that milestone—when my investments can cover something as consistent as my phone bill—I’ll know I’m on the right track. Everything after that will just be building momentum.
