Last updated on June 14th, 2023 at 05:28 pm
Passive Income Ideas + 3 Best Websites to learn Each:
- Investing – Investing offers the biggest opportunities for generating passive income, but it might require big sums of money to generate meaningful returns. Dividend Stocks are one of the most popular ways to earn passive income through investing.Investopedia, The Balance, and NerdWallet
- Real Estate – Real estate is one of the most popular ways to earn passive income. You can invest in rental properties or REITs (Real Estate Investment Trusts)
BiggerPockets, Zillow, and Realtor.com - Peer-to-Peer Lending – Peer-to-peer lending is a way to earn passive income by lending money to people or businesses.
LendingClub, Prosper, and Upstart - Create an Online Course – Creating an online course is a great way to earn passive income. You can create a course on any topic you’re knowledgeable about and sell it on platforms like Udemy or Teachable.
Udemy, Teachable, and Skillshare - Create an E-Book – Writing an e-book is another great way to earn passive income. You can write an e-book on any topic you’re knowledgeable about and sell it on platforms like Amazon Kindle Direct Publishing.
Amazon Kindle Direct Publishing, Draft2Digital, and Smashwords - Create a Mobile App – Creating a mobile app is another great way to earn passive income. You can create an app on any topic you’re knowledgeable about and sell it on platforms like Google Play or Apple App Store.
Google Play Store, Apple App Store, and Amazon Appstore - Create a YouTube Channel – Creating a YouTube channel is another great way to earn passive income. You can create videos on any topic you’re knowledgeable about and monetize your channel through ads.
YouTube Creator Academy, Video Creators, and Think Media - Create a Podcast – Creating a podcast is another great way to earn passive income. You can create a podcast on any topic you’re knowledgeable about and monetize your podcast through ads or sponsorships.
Buzzsprout, Anchor.fm, and Transistor.fm - Affiliate Marketing – Affiliate marketing is a way to earn passive income by promoting other people’s products or services. You earn a commission for every sale made through your unique affiliate link.
Amazon Associates, ShareASale, and Commission Junction (CJ) - Dropshipping – Dropshipping is a way to earn passive income by selling products online without holding inventory. You can set up an online store and use a dropshipping supplier to fulfill orders.
Shopify Academy, Oberlo Blog, and AliDropship Blog - Sell Stock Photos Online – If you’re good at photography, you can sell your photos online and earn passive income.
Shutterstock Contributor Blog, Adobe Stock Blog, and iStock Contributor Community - Create an Online Store – Creating an online store is another great way to earn passive income. You can sell physical or digital products on platforms like Shopify or WooCommerce.
Shopify Blog, WooCommerce Blog, and BigCommerce Blog - Create a Print-on-Demand Store – Creating a print-on-demand store is another great way to earn passive income. You can create designs for t-shirts, mugs, phone cases, and other products and sell them on platforms like Printful or Teespring.
Printful Blog, Teespring Blog, and Redbubble Blog - Create an Etsy Shop – Creating an Etsy shop is another great way to earn passive income if you’re good at crafting or creating handmade items.
Etsy Seller Handbook, Marmalead Blog, and Creative Hive Co. - Create an Amazon FBA Business – Creating an Amazon FBA (Fulfillment by Amazon) business is another great way to earn passive income by selling physical products on Amazon.
Jungle Scout Blog, Helium 10 Blog, and AMZScout Blog - Invest in Dividend ETFs – Dividend ETFs (Exchange-Traded Funds) are another popular way to earn passive income through investing.
ETFdb.com, Seeking Alpha ETFs & Portfolio Strategy Newsletters , and Dividend.com - Invest in Rental Properties Through Fundrise – Fundrise is an online real estate investment platform that allows you to invest in rental properties without having to buy them outright.
Fundrise Education Center , Millionacres , and Roofstock Academy - Invest in Crowdfunded Real Estate Through RealtyMogul – RealtyMogul is another online real estate investment platform that allows you to invest in crowdfunded real estate projects.
RealtyMogul Learning Center , CrowdStreet Insights , and EquityMultiple Education - Invest in Peer-to-Peer Lending Through LendingClub – LendingClub is one of the largest peer-to-peer lending platforms that allows you to lend money to people or businesses and earn interest on your investment.
LendingClub Learning Center , Peerform Learning Center , and Upstart Learning Center - Invest in Cryptocurrency – Cryptocurrency is another popular way to earn passive income through investing.
CoinDesk , Cointelegraph , and CryptoSlate
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