If there is one goal I have in life, is to be living off passive income. That is unquestionably my ultimate financial goal. If I accomplish that, I will die a happy man.
Affiliate Marketing
Affiliate Marketing is one of the most powerful ways of making money online and can definitely be your best source of passive income if done correctly. That’s literally how this blog generates passive income for myself.
Sweet.
Write a Book
Not an easy task, I know, but writing a book is like an obvious way of working now to make money in the future. I’m sure you already knew that but sometimes it takes one to tell you the obvious.
Start a Blog
It’s not hard to start a blog.
There are millions of tutorials out there and it’s also very cheap, so it’s an easy choice. However, usually, it takes a lot of time and effort until bloggers actually start making money with a blog.
Peer-To-Peer Lending
One of my favourite options and also an easy idea to go to, but it only makes sense if you have spare money to invest.
I get around 5% of ROI on my investments with RateSetter.
Other Ideas
Create a Digital Course
Become a Landlord
Open a Savings Account
I’ll keep updating this list of passive income ideas, but for now these will do.