Hi there!

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There's alot of ways to earn passive income depending on your level of risk and investment knowledge. And most imortantly, your starting capital.

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Here's a list;

1. Forex Trading (manual/ with aid of AI)
2. CFD trading
3. Futures Trading
4. Options Trading
5. Value investing with stocks and options strategies
6. E-commerce
7. Affiliate marketing
8. Property Investment/ Co-living

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Salary/Emergency funds/Savings must be expenses, not the other way round.

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Once the above criteria met,

1. List out the amount of your Investible F_u_nds. $10K, $50K, $100k..etc.
2. Ask yourself how much you can afford to lose. 5%, 10%, 20%, 50%?
3. How long will be your passive income journey? 1, 5, 10, 20 years?
4. How much time you can allocate for this journey?
5. Will this journey affects your life/l_lifestyle? E.g. Plan of purchasing a new home/car, family commitments._

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A 34 years old person should have saved up to how much depends on;

1. When does he start working? 18, 20, 30 years old?
2. How much he can earn per month? $1K, $2K, $5K, $10K, $20K?
3. Does he follow a strict saving plan of his?
4. Does he have bad habits or unnecessary spending habits? E.g. Smoking, drinking, like to gamble. Spend on luxury items & expensive hobbies.
5. How much left after deducting his expenses + family commitments (e.g. kids' education costs, parents' bills)

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For my case, i was very bad in my education. Therefore i took a longer than normal educational path. By the time i joined workforce as a full-timer, i was already 27.

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Can you imagine? People at age of 27 already have savings or even start a family of 3. Yet i was that tortoise.

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When i saw your posting "How much should a 34 years old person save by now? 300k?" , i'm so glad that i'm still around. Haha!

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Don't let the figures scare you. Just do your best in this life. You just live once. We live by our rules, not on others.

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Do your best, God/fate will do the rest.

1 door shut, few windows will be open.

"船到桥头自然直" (chuán dào qiáotóu zìrán zhí)

"When the boat gets to the bridge-head, it will naturally go straight"

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May be more of the extreme end of mindset. But in my opinion as a guy on the internet.

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At 30 years old at minimum the networth target should be 200k

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While at 35 years old could be 500k.

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So that in retirement at let say at 65 till death lets say 85.

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there would be atleast about 4,100 per month in that 20 year period if at 65 you achieve a 1 mil NW.

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But of course this is all roses and rainbow but it all come down to how much is your pay and how much of that you save/invest.

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