Holicent
VIP Contributor
There are numerous alternate ways of procuring passive income beside land, stocks, and profits. There are additional choices:
Lending among peers: Through online platforms, you can lend money to individuals or businesses and earn interest on your investment.
Producing and marketing digital goods: This includes printables, e-books, courses, and templates.
Making a game or mobile app: You can make an app or game that makes money from ads or in-app purchases if you know how to program.
leasing your vehicle or parking space: By renting out your car through services like Turo or your parking space through apps like SpotHero, you can generate passive income.
Putting money into a company: Without having to actively manage the company, you can earn a percentage of profits by investing in a startup or small business.
Building a blog or YouTube channel and making money from it: Through advertisements, sponsorships, and affiliate marketing, you can earn passive income by creating content that brings in traffic and money.
These are just a few of the many ways you can make money passively. Finding a method that complements your skills, interests, and financial objectives is essential, as is making the initial effort to establish the passive income stream.
Lending among peers: Through online platforms, you can lend money to individuals or businesses and earn interest on your investment.
Producing and marketing digital goods: This includes printables, e-books, courses, and templates.
Making a game or mobile app: You can make an app or game that makes money from ads or in-app purchases if you know how to program.
leasing your vehicle or parking space: By renting out your car through services like Turo or your parking space through apps like SpotHero, you can generate passive income.
Putting money into a company: Without having to actively manage the company, you can earn a percentage of profits by investing in a startup or small business.
Building a blog or YouTube channel and making money from it: Through advertisements, sponsorships, and affiliate marketing, you can earn passive income by creating content that brings in traffic and money.
These are just a few of the many ways you can make money passively. Finding a method that complements your skills, interests, and financial objectives is essential, as is making the initial effort to establish the passive income stream.
