Do you want to earn money while doing job, Check Passive Income Sources.
There are lots of thing or dreams in everyone's life which we want to achieve and most of the times it is not possible to achieve them only from Salary. There are lots of other ways through which we can earn money along with the 9-6 Job. While it’s not easy nor quick, but it can be possible.I have listed 13 possible ways to earn money. This type of earning is called as PASSIVE INCOME and believe me you can earn a good amount through passive income ways.
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List of Ways to Earn Passive Income:
- Affiliate Marketing
- Investment in Crowdfunded Real Estate
- Dividend Income
- Person to Person Lending
- Sell ads on your Car
- Open a High Yield Account
- Rent out Room or Unused Space
- Create You Tube video's
- Create Mobile App
- Buy a Vending Machine
- Pet Sitting
- Rent your Stuff
- Use of Photography
Lets Get into Detail
1. Affiliate Marketing
Affiliate marketing is an online sales tactic that lets a product owner increase sales by allowing others targeting the same audience – “affiliates” – to earn a commission by recommending the product to others.This method of generating income works the best for those with blogs and websites.
2. Investment in Crowdfunded Real Estate
The idea behind crowdfunding is that many people are willing to invest a small amount, and when they do, large sums of money can be raised quite quickly. It is best way to raising money for businesses and an easier way to access such ventures for investors
3. Dividend Income
Making money from dividend paying stocks. Buy stocks of companies that are considered Financialy stable and mature, the stock prices of these companies may steadily increase over time while shareholders enjoy periodic dividend payments.
4. Person to Person Lending
Person to person lending is basically a loans happen between any two people, including loans from friends and family. Any two people can set up a loan and repayment arrangement that is mutually beneficial, preferably with a written agreement.
5. Sell ads on your Car
make your car into a rolling billboard and get paid to drive. Instead of maintaining their own fleet of cars, companies now pay drivers to use their personal cars as advertising space. This presents a unique opportunity to sell advertising space on car to make money.
6. Open a High Yield Account
Many high-yield savings accounts (also known as high-interest savings accounts) offer good rate of interest other then of traditional bank savings account.
7. Rent out Room or Unused Space
If you are bachelor you can share room with room partner and earn money or if there is any space you are not using such as garage, extra room, lawn you can rent it out and get extra money from it.
8. Create You Tube video's
Now a days it is on boom. Lots of people are making you tube video's and channel and making good money from the ads displayed in between those popular video's.
9. Create Mobile App
You can create an app, put it on the App Store or Google Play store , and then earn money for each download it receives. This will need little research and hardwork initially but later on it would be good source of passive income.
10. Buy a Vending Machine
The key to making these successful is to get high value locations and negotiate good deals with the people who own those locations. You need to decide which machines you want to run, get the necessary licenses to operate them.
11. Pet Sitting
Pet sitting is the act of caring for a pet in its own home while the owner is away.Owner's will pay a good amount for this.
12. Rent your Stuff
One could rent out his storage space, power tools, camera, camping gear, bicycle, bike, car and can earn extra money from it.
13. Use of Photography
Many online business owners don’t have the time or desire to take their own photos for their websites. If you photography skill you can approach them and can sell photos to them.