How We Make Passive Income From the Road
Today we’re going to dive into something that we’ve been working on building for a long time now, and that’s how we make passive income from the road!
Before we dive in we wanted to let you know that this post is brought to you by our friends over at Motion Array! Motion Array is a platform for professional video makers. They offer unlimited downloads of video templates, stock video, music and more. They also have effect and transition plugins, a video collaboration app, and a website portfolio builder all included with your membership. It’s the one-stop-shop for all the video makers out there!
We look at passive income as income that requires little effort to earn and maintain. Passive income is great because it’s making us money even when we’re not working. It can take the pressure off us so we don’t have to stay in service as much as we do for our typical client based work. More freedom means more time we get to spend out exploring and sharing those experiences with you!
Stock Video
We’re really lucky to frequently find ourselves tons of unique and beautiful places, so stock video and photography has come really naturally to us. The way it works is that we upload our photos/video and then we get money every time our videos are downloaded. It’s a simple process and isn’t very time-intensive. You can also sell stock music, sound effects, and templates for Premiere, Final Cut, After Effects, and Resolve. Being that Owen also is a motion graphics artist, he also dabbles in creating After Effects templates.
There are countless stock sites out there, but our preferred one is Motion Array. We’ve used a handful of others and found that we got the most income, by far, from Motion Array. Motion Array is unique in that the users downloading media pay a monthly fee and then they get unlimited downloads. Since access is unlimited, it leads to more downloads. At the end of the month Motion Array divvies up the earnings of the site based on the percentage of downloads. Some people make a full time living just on income from Motion Array. Though that isn’t us, we’re still workin’ on it.
Side note: Even though this blog post/video is sponsored by Motion Array I wanted to make it clear that we’ve been using Motion Array long before this partnership so when we say that this is our favorite stock site out there we really do mean it.
Affiliate Links
We’re new to the world of affiliate links but have found them to be an easy way to bringing in a little extra income every month for the blogging we already do! Through affiliate links, we get a small percentage of any purchase made through our affiliate links. You get something useful for yourself and we get a small reward for our recommendation at no extra cost to you.
I want to be clear that we’re very selective about what we do and do not recommend to our audience. We only share products that we genuinely use and love ourselves.
When we initially started using affiliate links through Amazon, it was to share our gear lists for our Toyota Sunrader build, now we have a “favorite gear list” that’s linked through Amazon making it easy to manage and share. With Amazon you can choose to be paid via direct deposit or digital Amazon gift cards.
For out outdoor gear related affiliate relationships, we use Avantlink which is a single website that manages affiliate relationships with multiple companies. Once you apply and are approved for an account you can apply to work with different companies that have affiliate programs through the Avantlink dashboard. There are tons of different affiliate websites out there but we chose Avantlink because they work with our favorite gear companies like REI, Patagonia, and Overland Solar. Avantlink pays through a direct deposit straight into our bank account.
If you ever purchase anything through our affiliate links, thank you, it means so much to us! Know that you’re giving us the opportunity to go a little farther and stay a little longer off the grid!
Our Webstore
Our last current source of passive income comes from our webstore. This source of income is not as passive as some of the others mentioned in this post, because we design, produce, and ship all of the orders ourselves. Though it is passive in the fact that we don’t have to do a ton of work to manage it. If you’re interested in any of the things that we sell on our website, the button below will take you over to check it out. We also are now selling (for a limited time) Bound For Nowhere Compass Shirts!
That covers all the ways we make passive income out here on the road. Passive income is an amazing way to work towards having more financial freedom so you can start to travel more freely or work towards your own financial goals! If you guys have any recommendations for other ways to earn passive income we’d love for you to share them in the comments! Thank you so much for giving this little blog post a read!
Love,
MAK
