David Oliveira

My Business & Life Journal

Affiliate Marketing

Passive Income Ideas You Must Consider Right Now

· · Leave a Comment

Hey, are you into passive income? Today I’m writing about some passive income ideas that really work. Hopefully, this article will help you.

passive income ideas

Just in case you’re wondering, it is possible to earn money with passive income.

Many people do, including me.

However, it’s important to understand that passive income is not the same as easy money. You still need to work (in most cases) before you start earning passive income. There’s no such thing as easy money (unless you win the lottery).

What is passive income?

Put effort into something that will then reward you multiple times, for a long period of time. Here are a few examples of passive income:

  • Authors write books and then receive a percentage of the sales profits.
  • Landlords purchase properties and then rent them out.
  • Investors purchase stocks and then collect dividends.

Passive Income Ideas

I will now give you some ideas of what you can do to start generating passive income too. It’s not that hard, believe me. If I can do it, you can too.

Disclaimer:

This blog post contains affiliate/referral links, which means that I might receive a commission when you decide to purchase any of the services/products recommended on this page.

1. Youtube

Youtube is one of the most popular ways of generating passive income, but remember, you need to work, it really isn’t “easy” money. However, a video that you create today, will potentially generate income for years to come.

It’s easy to start a Youtube channel. All you need really is a mobile phone and some spare time. Many people don’t even show their faces on the videos that they publish. You just need to create content. There is an audience for everything, so your videos don’t have to be funny or intellectual.

But how do you make money with YouTube?

Your videos, like all videos on YouTube, will generate revenue with ads. Simple.

It takes a long time for most YouTubers to start making money, so bear in mind that persistence is the key here. If you’re not willing to put the hours in, there is no point in even getting started.

If you decide to start a YouTube channel, you also need to make the decision of doing for a while. I suggest you create at least 200 videos before you even consider stopping it. No content, no rewards.

Remember, you’ll have to work, but you’ll collect the rewards later. Multiple times, for a long period of time.

I can’t say for sure what’s the future of YouTube but let’s try to be positive and think that any videos uploaded now, will be live for many years to come.

Now, I know that YouTube is not for everybody. Maybe you don’t want to make YouTube videos, and that is totally fine. There are plenty of other passive income ideas to consider.

Property Investments

Real estate is one of the most lucrative ways of generating passive income.

It’s difficult to get started because you’ll need a large sum of money for the deposit, but once you have your first buy-to-let (BTL), you can pay an agency to manage your property and you don’t have to do a thing.

You can own the house for 10, 20 or even 30 years and receive rental income for all that time. I personally receive over £16,000 per year in rental income.

What’s better than that? There really are some passive income ideas that work and help lots of people make real money.

Amazon Affiliate Program

The Amazon Affiliate Program can also be a great source of income, passive income. You may need to learn a little bit about affiliate marketing first but is totally worth it. Some websites make millions per month with this technique alone.

EXAMPLE:
Over 5 years ago, I shared an Amazon affiliate link on my social media. It was a weird device that makes cats go away (my neighbour at the time had too many cats). When people click on that link and makes a purchase on the Amazon website, I receive a commission. The cool thing is that every now and again I still receive commissions from that link.

How to promote Amazon links and make money?

Once you’re registered with their affiliate program, you’ll be able to create and share links for each product/page on their website. Those links are yours only. That’s how they know to should receive the referral commission.

All you have to do is to share those links everywhere you can.

  • Create YouTube videos and add the links on the description.
  • Share the links on all your social media accounts.
  • Create lots of Pinterest images and point them to your Amazon links.
  • Write blog posts with product reviews.

Invest in Stocks

Recently I started investing in eToro. It’s a social investment platform that lets you copy experienced investors. Perfect for you, if you’re just starting out.

Related Article

Best Ways to Invest and How I Do It Successfully

The earlier you start building a stock portfolio, the better. Most stocks value fluctuate but in the long term, generally speaking, stocks increase in price.

Patience is key.

You can start small, let’s say £50, and top-up your account every month with another £50. One year later you could potentially have £600 invested, and if you do well, £600 could turn into £1000 or even more in the following couple of years.

Some companies will pay you dividends, which is nothing less than pure passive income. That’s awesome, right?

ALERT

Cash itself does not increase in value unless you put it to use. Please do not let your money sit in your current account because inflation is on the rise. Stagnant money actually decreases in value, but you have got to be smart. Make informed decisions when it comes to investing your money.

Saving Accounts

At the very least, move your money to a savings account. Not the greatest form of passive income, but at least you’ll receive some interest, which is definitely better than nothing.

Some savings accounts pay as much as 2% interest.

I suggest you develop the habit of saving money. Start with 10% of income or if you can 20%. Save some and invest some.

Final Toughts

I genuinely enjoy talking about passive income ideas. Some are beginner’s level, some are a little bit more difficult, but the point is, start somewhere and learn as much as you can about it. Only great things can happen when you get started.

Disclaimer

This blog post contains my opinions only and not a recommendation to act. Please seek independent investment advice before entering into any financial transaction. Investing puts your capital at risk.

Related Blog Posts You Might Like

101 Affiliate Programs You Want To Start Promoting

· ·

If you’re a blogger or have a giant amount of followers on social media, you’ll love this list of affiliate programs.

Updated in April 2021.

affiliate programs
What are affiliate programs?

In simple words, affiliate marketing is a way of generating passive income while promoting products and services. Definitely one of the smartest ways of generating income with a blog, if you ask me. First, pick a product or service that you’ve personally tested and most importantly, believe in. Then find out if there’s an affiliate program for it and start promoting it on your blog, social media accounts and email. If you’re lucky enough, you’ll soon start to receive commissions for the sales generated. That simple!

A

Answer The Public – A tool that helps content creators come up with the best ranking keywords. It’s also excellent to brainstorm titles and new content.

Amazon Associates – This is a no brainer. Every influencer must join the program and monetise every page on their blog, social media channels and add links to their emails. This is without a doubt one of the best programs for beginners.

B

Bark.com – Find local professionals for free. An awesome affiliate program for beginners that pays big bucks.

C

Capsule CRM – If you’re looking for a simple CRM software, Capsule could be be what you’re looking for. It’s simple and affordable. The ideal solution for small entrepreneurs wanting to organise their contacts list.

E

Experian – One of the biggest credit score websites in the UK. Refer clients to them and earn referral commissions for it.

F

Fiverr – I love Fiverr. It’s a huge platform with millions of freelancers offering their services. From web design to virtual assistants, you can find someone to do anything you need for your business.

G

Graze.com – Healthy snacks for everyone. Graze has a subscription model and often offers awesome promotions. You’ll get discounts and free products for referring people to the website.

I

iStock – Every blogger needs loads of images for their website, but where do find the best photographs? Definitely, iStock is the one-stop-shop to go for.

L

Laptops Direct – Awesome deals on laptops and much more.

M

MYPROTEIN – The best shakes out there. Stay fit and healthy. I refer people to them all the time and in return, my shakes are free.

N

Nutshell – A very cool CRM platform with unique automation features. It’s awesome, but a little bit expensive you run a tiny business.

P

Pandora – Every lady wants a Pandora. Refer men to the website and you’ll get the cash. They will buy from Pandora, make their ladies happy and the best of all, you’ll receive commissions for it.

S

SiteGround – My favourite hosting company, and probably one of the best in Europe. Their customer service is top-notch.

Squarespace – Another platform where millions of people build their websites. Their templates are modern and original. However, I don’t think it’s a good alternative to WordPress.org.

SE Ranking – My SEO tool of choice. Their affiliate program pays a 30% commission per each sale for life. I wrote about it here.

T

Tails.com – Recommend a dog food subscription service and receive commissions for it. My dog, Yoco, used to shed way too much hair. Since he started eating Tails, his hair is a lot healthier.

V

Vistaprint – The biggest platform to create business cards and promotional materials for your business. Before you order, search for a coupon code, there’s always one available. Usually, I manage to get at least 30% to 50% off my purchase value.

Disclaimer:

This blog post contains affiliate/referral links, which means that I might receive a commission when you decide to purchase any of the services/products recommended on this page.

I hope that somehow this blog post has helped you.

I have also created a list of Passive Income Ideas that you might find useful.

Trending

Find me on Facebook for a chat about affiliate marketing.

I don’t think I got 101 Affiliate Programs but I’ll add some more soon, promise.

SE Ranking Affiliate Program Pays 30% Commission Per Sale

· · Leave a Comment

The SE Ranking affiliate program pays 30% commission per each sale for life. I will take advantage of it. Will you?

se ranking affiliate program
Found on SE Ranking website.

My SEO tool of choice and the one that I recommend.

What is SE Ranking?

SE Ranking is a very useful platform for bloggers, digital marketers and SEO experts. It has a large amount of tools and it’s one of the most affordable SEO platforms out there.

The SE Ranking Affiliate Program

SE Ranking pays 30% commission per each sale. Click To Tweet

Oh wait, it’s commission for life.

Yes!

Join SE Ranking here

Why SE Ranking?

There are 4000+ people already promoting their services.

It’s super easy to join the affiliate program. Every registered user of the platform gets to promote SE Ranking. No minimum requirements needed. In fact, you don’t even need to be a paying user. Register for free and start promoting.

Cookies to get a referral lasts 120 days.

They have ready banners and links that you can use on your blog and social media channels.

They pay commissions 2x per month straight to your PayPal account. Isn’t that great?

Clear and straightforward analytics for you to see how well you’re doing.

There are many other affiliate programs that you can promote on your blog.

See my recommendations here.

Disclaimer:

This blog post contains affiliate/referral links, which means that I might receive a commission when you decide to purchase any of the services/products recommended on this page.

Popular Blog Posts

I post regularly on Facebook. Follow Me