I Discovered 5 Passive Sources Of Income, Here’s What I Found

January 23, 2020

“I wanna be a billionaire, billionaire.”

This is a line from Teni’s hit song titled Billionaire. This describes my mood every day. Every month I ask myself “How can I make more money?” “What must I do to eventually blow?” “Am I destined to forever be broke?”

There’s a quote that goes:

“There is a time to be born, to die, to plant, to harvest, to find money in the unexpected of places.” If you can tell, I added the last part to make a point. The point is that sometimes you find things, especially where you are not looking.

So, I decided to share some of the things I have found. What have I discovered exactly?

Brokeness is a great lesson teacher.

I graduated from university in 2016. I got a job some months after graduation that required me to have a camera or a phone with a good camera. My biggest dilemma was that I was broke as I had been cut off allowance some months prior. So, I could not afford one even though my new job which was going to make me stop being broke required it.

There are times in life where you are ranting and someone casually mentions the solution to your problem. This was one of them. After narrating my dilemma to a friend, he raised up the option of selling off old laptops for a small fee to raise money.

He then linked me with his plug who arranged for a meeting the next day. I found the biggest bag available in the house and hauled as many old laptops as I could in a single trip.

For me, this was an eye-opening moment as I never realized you could get cash from selling practically dead devices. Needless to say, there are no dead computers lying around my house any longer.

Old Yoruba women see and know things.

It’s easy to write off the old woman that comes around the house every day asking for empty bottles that once contained water. Month in and out you hand it over diligently until one day you ask (in Yoruba): “What do you do with these empty containers?” when she breaks down the maths behind it and how much she earns per full bag, you understand how it makes her life a whole lot easier.

Sprinkle some “Yaya Aiki” when buying suya and you just might get a business deal.

So, here I am. After a long day of fighting Lagos traffic, flexing my small Hausa in hopes of getting extra suya. Just because a sweet boy deserves sweet things. The suya man beams up, impressed by my effort. Adds extra pieces of meat.

I return another time. He beams “customer”. It becomes our routine. He speaks his small English, I speak my abysmal Hausa – communication ensues. At least supported by gesticulations.

One random conversation touches upon the fact that he has been struggling to get newspapers and he is worried. I tell him (with my bad Hausa and gesticulations) that my father has a tonne of newspaper stored away with no use for it. He beams up and goes “customer.”

He offers me some money as payment, I refuse. After much deliberation, we settle upon regular extra pieces of meat as payment. I eat happily ever after.

I am man of steel.

One Sunday afternoon as idle as a painted ship on a painted sea, someone convinces my dad to sell off the old run-down generators at home. My dad not interested puts me in charge. The guy then brings along a guy who values the items and hands me more money than I was hoping to get. At least for run-down generators older than me.

Ever since that experience, no single piece of unused steel in the house has been safe from me. From worn-down appliances to old televisions to curtain rods, I collect them all. This is to be resold.

In case of financial emergency, sell off rods.

Not all heroes wear capes. Obviously.

Don’t judge a book by the cover…unless you plan to resell.

If you have a rare book, signed, and in good health, it’s surprising how much people are willing to pay for it. I have had a couple of people offer to pay me a large amount of money for my books. Also, I found a site that offers to buy lovingly used professional textbooks for a small fee.

The lesson I have learned in all of this is that if there are many undiscovered sources of passive income. I think the trick is to keep an open mind and obviously not be broke like me but that’s by the way.

These days, you can find me always on the lookout for how to increase my money.

If you have any idea, as you can see from my post that I am very open-minded, holla at me. As long as it legal.

Hassan Yahaya

Join The Conversation

Bring a friend.

You'll like this

Watch

Now on Zikoko

May 14, 2021

Spiderman has been seen doing a ton of questionable things on the TL lately — dancing at parties for food, twerking for coins and passing out at nightclubs. We can’t tell if it’s the economy or he took the wrong covid vaccine, but something is seriously wrong with that man. So, inspired by these shenanigans, […]

The Worst Thing A Friend Has Done
May 14, 2021

Friendships can be tricky. Sometimes, friends hurt each other and it’s hard to get past that. In this article, we asked seven Nigerian women to share the worst thing a friend has done to them.  Ibinabo, 24 I had this roommate when I was doing my diploma in Ibadan. I was a new student but […]

Recommended Quizzes

November 28, 2019

There are so many talented and stunning Nollywood actors that make it hard not to fall in love with them. So, while we all know the likelihood of us ending up with any of them is super low, it’s still fun to imagine a world where we actually stood a chance, and that’s why this […]

November 15, 2019

There are two types of people in Nigeria right now: those who are proud Marlians, and those who are still in denial about stanning the divisive star. So, for those who proudly wear the Marlian tag, we made a quiz to test how well you really know Naira Marley. If you get more than 6 […]

December 3, 2019

Are you a professional Yoruba demon? Are you walking around in search of whose life you can wreck at any given time? Well, this quiz knows exactly how many hearts you’ve shattered to date, and before you lie that your result is inaccurate, just remember that Zikoko is never wrong. Now, take it and be […]

April 14, 2020

Every friend group consists of very different and specific characters — from the parent to the fun one — and it can be a little tough figuring out where you fall. So, we’ve created a quiz that lets you know exactly what kind of friend you are. Take to find out:

November 7, 2019

These days, everyone is always talking about how much sex they’re getting, or how little sex they’re getting, or how disgusting sex is etc. There’s just so much talk about sex, it’s almost impossible to know who’s lying and who’s telling the truth. In anticipation of our new series about the sex lives of young […]

February 26, 2020

Are you all set for marriage, or are you still figuring it out? Well, if you’re curious to know the answer, then this is the quiz for you. All you have to do is create your own ideal Nollywood wedding film, and we’ll tell you if you’re ready to say “I do”. Go ahead:

More from Money

May 4, 2021

Clothing is a basic need. But according to an American financial planner, you should spend 5% of your monthly income on clothing. I wasn’t sure how this works in Nigeria, so I decided to talk to a couple of people on how they shop for clothes and how much they spend. Tosin, Developer Advocate, 18 […]

April 29, 2021

If there is anything Nigerians understand, it is the sometimes weird, other times horrifying experiences that come with working in Nigeria. From delayed payments to extreme workloads. Lack of boundaries, poor remuneration, toxic and overly competitive workplace culture amongst other problems. These are the stories we often hear. But, surely, there have to be good […]

April 29, 2021

More Nigerians are getting into retail investment these days, thanks to the rise of investment platforms. I imagine trying to make money is a lot of fun. But the struggles? Those ones are there too. 1. The first thing you worry about is the naira to dollar exchange rate I’m actually poor. Should I be […]

April 27, 2021

We’re all in a relationship with the naira already. But let’s imagine these notes as living, breathing humans capable of falling in love and being romantic partners. How will that work out? Hmm, let’s see. 1. ₦1000 ₦1000 is that partner that is convinced that they’re the hottest thing in the dating pool and you’re […]

Watch

Trending Videos

Zikoko Originals

December 14, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
November 2, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
October 26, 2020
A collection of videos documenting some of the events of the EndSARS protests.
June 22, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
June 22, 2020
Hacked is an interesting new series by Zikoko made up of fictional but hilarious chat conversations.
June 4, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
June 2, 2020
Quickie is a video series where everyone featured gets only one minute to rant, review or do absolutely anything.
May 14, 2020
Isolation Diary is a Zikoko series that showcases what isolation is like for one young Nigerian working from home due to the Coronavirus pandemic.
March 12, 2020
Life is already hard. Deciding where to eat and get the best lifestyle experiences, isn't something you should stress about. Let VRSUS do that for you.

Z! Stacks

Here's a rabbit hole of stories to lose yourself in:

Zikoko amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.
X