How do you make passive income?

+1 vote
asked Apr 12, 2018 in Employment & Careers by Cartyx (300 points)
How do you make passive income?

3 Answers

0 votes
answered Apr 13, 2018 by Grahlu (51,270 points)
Passive income is income that you make without doing much work for the money.

Examples of passive income are, Crowdfunded Real Estate Investments, High Yield Savings accounts where your savings is earning money through interest over the years, renting out a room in your house, blogging, affiliate marketing etc.

A lot of people earn an eventual passive income through blogging after they initially work on their blogs in the beginning for at least 5 years and then after 5 years of steadily building up content on their blog and getting traffic to that blog the money eventually starts coming in even while you sleep.

Ways to earn a passive income through blogging are, affiliate programs, Adsense, Media.net and even direct ad sales when you have enough website traffic.

You could also sell an E book or other course on your blog and earn a good amount of money through blogging while you sleep or are away from your blog or computer.

It just takes hard work in the beginning but it can be done.
0 votes
answered Aug 22, 2019 by kesteer (4,670 points)

I like to make some Lapel Pins and selling them online. It is cool because you can just make a couple of great designs, produce a batch of pins and then sell them online on Etsy, for example. I really like it, I have to say!

0 votes
answered Aug 22, 2019 by nikol (2,230 points)

If you want to have passive income, make a business that can work as independently as possible. This is how I work, my online store works almost independently. I order all the necessary goods through the customs broker https://clearitusa.com/ , this saves me time and allows me to safely receive my goods.

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