How to make passive income with little capital

Chibson

VIP Contributor
Making passive income in this present age is no longer a new thing because there are several passive income sources you can capitalise on to make some good amount of money for yourself.

If you do not have a lot of capital to invest in real estate investment or other passive income sources there are some strategies you can use to create passive income for yourself with little capital. All that is required of you is proper knowledge of how these things works and you're good to go.

Rent out a space in your home
: This is a good way to make money passively. if you have an extra room in your home that you are not making use of, you can decide to rent it out for some passive income for yourself. You can even do this using Airbnb.

Start a YouTube channel: If you have a knowledge about a particular thing you can start a YouTube channel. The beautiful thing about starting a YouTube channel is that it does not require a lot of money provided you have the needed device.

Currently, there are some mobile phones you can even use to record yourself and edit also. this will not make you money instantly but it requires patience and consistency.
 
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