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This Chinese New Year, why not go beyond oranges and red packets and take charge of your finances with passive income opportunities? Whether you want to grow your wealth or set yourself up for long-term success, it’s time to explore creative ways to make your money work for you.
Here are 5 practical tips to help you Fa Cai and Huat all year round in Singapore!
5 Profitable Tips For CNY
1. Vending Machine
Image Source: Kaizenaire
What if your Ang Paos could fund a vending machine business? These aren’t just for drinks and snacks anymore. Think vending machines stocked with lunch boxes, flowers, eco-friendly products, or quirky gadgets.
Once you’ve set it up, regular restocking and basic maintenance are all you need. You can choose high-traffic spots like MRT stations or schools, and watch the coins roll in while you enjoy your Bak Kwa and your CNY cookies.
2. Sell Your Photos Online
Image Source: Alamy
Got a good eye for photography? This year, turn your photos into profit! Whether it’s shots of festive Chinatown lights or Singapore’s iconic Marina Bay Sands, you can sell them on platforms like Shutterstock and Adobe Stock.
Each download earns you a commission, and since a single photo can sell multiple times, it’s like having your own money-making ang pao.
3. Rent Out Your Equipment
Do you have gadgets or gear collecting dust? Cameras, drones, or even high-tech kitchen appliances can be rented out to people who need them temporarily.
List them on platforms like Carousell, and earn some side income while keeping your items in good shape. Add extras like delivery services to sweeten the deal!
4. Start a YouTube Channel and Xiao Hong Shu
Why not earn money by sharing your knowledge or hobbies on YouTube and Xiao Hong Shu? From CNY recipes to budget travel tips, pick a niche you love and start uploading videos.
Monetize your content through ads and sponsorships, and build a loyal community that keeps coming back for more. Who knows? Your pineapple tart tutorial might just go viral!
5. Sell Printable Products [CNY Stickers, Cards, etc]
Image Source: Dreamstim
If you’re a bit creative, selling printables is a great idea. Design planners, festive greeting cards, or even fun worksheets for kids. Upload them on Etsy, and every sale adds a little more to your CNY savings.
The best part? You only need to create the design once, and you can sell it over and over again. Talk about a steady stream of money!
Bonus Tip: Let EasyParcel Help You Huat!
Whether you want to place or restock vending machines, ship out rented gear, or deliver your printables, logistics shouldn’t slow you down. With EasyParcel’s affordable and reliable delivery options, you can focus on earning while we handle the rest.
This year, take the chance to build income streams that let you Huat long long time. Start small, stay consistent, and watch your finances grow! 🍊
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