Passive Income Online
We all want financial freedom but getting financial freedom with a job and monthly paycheck to paycheck living is really hard and difficult. We get more money not by saving or cutting down expenses but by increasing our income and income sources.
In today’s digital world, Passive income is one of the best ways to not only build multiple streams of income but also get financial freedom and freedom time for your family and yourself.
There is one thing really important in passive income building that you will not be paid based on the time you spend at work. But your pay will be based on your results and output. In passive income streams, you will earn thousands of dollars from one income streams but it will need a lot of focus, time, and energy to build the income streams.
And once you build the income stream you can increase your income from this stream and you also can start other income streams. In this post, I am going to share a list of 6 ways to make passive income online. These passive income methods are easy to start and no need for a big degree, experience, or investment.
6 ways to Make Passive income?
Start a YouTube Channel
YouTube is the 2nd biggest search engine on the web after Google. Millions of people everyday search for their needs, problems, and information. There is a great opportunity to create content based on the demands and make a good amount of money from youtube.
Any kind of skills or topics you are experienced or have a passion for it. Just make videos about it and you can earn a good amount of money from it. Learn here more about how to Make $1000 per month from Youtube.
Start a blog
Blogging is writing about a topic, niches, passion, or interest. Blogging is one of the old ways to make passive income online. In blogging, once you create the post or article and published it online then you will be making money from it until you delete it.
Starting a blog, you will need a domain name and hosting but it’s a great way to start a side hustle and make money around $10000 per month. Bloggers are mostly making money from Ads, selling courses, coaching, consulting, books, and site membership.
Write Articles for Medium
If you don’t want to start your own blog but passionate about the topic and writing you can earn a good amount of money from a website like Medium etc. Just write articles and upload them on Medium. You will receive earning as a passive income for every person who read your article on the medium website.
Today almost every person has a smartphone with a good quality camera. Taking photos from around and uploading it on stock photos sites shutter stock, Istockphoto etc is a great way to make passive income online.
Sell e-book & Courses
With the growth of e-commerce, the need and demand for online education and books are growing every year. Just making an online video or audio course or presentation and uploading it on websites like Udemy, Skillshare, etc is a great way to make money from the online growing education industry.
Similarly creating an ebook and publishing it for free on amazonKDP, apple books, Kobo, etc. is also a great way to make some extra money as a passive income online.
Start Affiliate Marketing
Affiliate marketing is promoting and selling other people’s products and making money as a commission from every sale you make. Affiliate Marketing is great to make money online as a beginner.
just make social media platform or blog with bloggers and creating content and promoting products from affiliate networks like JVZoo, Clickbank, Warrior plus, etc is great to make a commission from selling other people products.
Financial freedom is only possible by creating multiple streams of income and it’s only possible to start a side hustle online. The great thing about online side hustles that it’s easy to start and often needs no investment and less time to build. Learn here more about making online and passive income.