![]() I included this video below in case you wanted to learn more about how the process works:Ĭlaim Bonus 2. In my Honeygain review, I calculated that you can earn around $5 to $10 a month to share your internet from your phone or computer. One company that has been doing this for a while is Honeygain. It’s safe, secure, and requires zero maintenance on your part. Rent Out Your Internet (□)Ĭan you really get paid renting out your internet?Ĭompanies will pay you money for using a tiny fraction of your internet to test things out like location accuracy and WiFi speeds from different cities. Here’s my list of passive income ideas that actually work! Easy Passive Income Ideas That Pay Monthly 1. □ □□□ = done right, you will never have to work a “real” job again □ □□ = game-changing passive strategies that will fundamentally change your lifestyle □ □ = passive things you can do that’ll make a tangible difference in your life ![]() ![]() □ = easy-to-do passive ideas that make enough to cover the occasional night out or what I call “beer money” I’ll also include money bag emojis at the end of each passive income idea to symbolize the money you can make: These take a little more time to get off the ground, but once they take off, they’re killer money-making machines! Ideas later in the list contains big money passive income ideas. They’ll keep on paying you a regular income every month. These are ones that takes minutes to set up and you never have to think about them again. The first part contains what I call easy passive income ideas. I make six-figures a year with it and wrote about different side hustles that can make you $500 or more a month. That doesn’t mean you should avoid side hustles. That means most side hustles are not passive income sources. Remember, to be considered passive income, the ongoing effort should be minimal. What’s NOT Passive Income?Īnything that you need to constantly spend time on is NOT passive income. While there are many ways to make money doing nothing (which I’ll tell you about), others require an upfront investment in either time or money. The word “passive” makes it sound like you have to do nothing to generate income isn’t entirely true. Passive income is money earned with minimal activity through any venture that requires little daily effort or upkeep on the individual’s part.īefore we get down into all the passive income ideas, I think it’s a good idea to clear up some misconceptions. The content on this page is accurate as of the posting date however, some of the offers mentioned may have expired. This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Interested? Well then, let’s get right to it! But if you’re able to commit to those, you could be earning big money for years to come. Some ideas will make you money immediately, while others take more time. In this special post, I’m going to break down all the ways that you can generate passive income. When I go to sleep every night, I know that by the time I wake up, I’ll be several thousand dollars wealthier! How cool is that?!? Speaking from personal experience, adding passive income streams can supercharge your financial goals in tremendous ways. That’s the ultimate goal of financial independence, and passive income is a very important piece of that. “Making money while you sleep” has a nice ring to it, doesn’t it? If that sounds like something you want in your life, then passive income is the way to get there!īuilding wealth that doesn’t eat up your time allows you to spend it on things you really want to do.
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