35 Easy Passive Income Ideas

Making money while you sleep has a beautiful ring to it, and that’s the idea behind passive income.

What is Passive Income?

Passive income is defined as income that requires minimal effort to earn. For example, if you invest some money and your investment increases in value, that’s passive income.

8 Truly Passive Income Ideas These truly passive income ideas require a one-time investment followed by zero future effort.

1. Alternative Assets 2. Passive Real Estate Investing 3. Earn Passive Income with Lending Club 4. Invest in Dividend Stocks 5. Open a High-Interest Savings Account 6. Long-Term Index Fund Investing 7. Become an “Angel.” 8. Earn Cashback

11 Semi-Passive Income Ideas If you’re motivated to create additional income outside of your day job, these ideas that require a bit more effort can help you generate cash to put towards your short and long-term financial goals.

1. Rent Your Apartment or House 2.  Rent Out an Extra Bedroom 3.  Rent Extra Land 4.  Renting Your Car 5. Refer Friends to Great Products You Already Use 6. Make Money Playing Video Games 7. Try Affiliate Marketing 8. Run a Site with Display Ads 9. Start a YouTube Channel 10. Create a Print-on-Demand Online Store 11. Create an App

5 Passive Side Hustles These passive side hustles require a steady but low amount of effort to execute.

1. Learn to Flip Products on eBay 2. Use Your Washing Machine 3. Become a Tutor 4. Become a Collectibles Expert 5. Give Lessons

5 Residual Income Ideas

1. Royalties 2. Product Sales 3. Stock Photos 4. Online Course 5. MLM Marketing

6 Small Businesses Small business owners will tell you that being an entrepreneur is hard work, and there’s always something to do.

1. Car Wash 2. Storage Rentals 3. Laundromat 4. Become a Franchisee 5. Buy ATMs 6. Vending Machines

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