71 Passive Income Ideas to Stop Trading Time for Money

A recession comes and goes, but it’s always good to prepare even in good times. Below are 71 proven ways to earn money in bad times and good.

• Affiliate commissions: refer customers to a product and earn commission.
• Podcasting: sponsor products/services on your podcast.
• Kindle book sales: self-publish a book and sell it on Amazon.
• Paperback book sales: make a paperback edition of your kindle books. 
• Audiobooks: create an audiobook edition as well.
• Dividend investing: buy shares to get dividend cash flow.
• Udemy course sales: if you are good at something, teach people how to do it via an online course.
• Selling digital products on Fiverr: try selling your books on Fiverr too.
• Merch by Amazon: upload designs and leave the rest to Amazon.
• Display ads: show ads on your websites and make a few extra bucks.
• Sell a featured listing: if your site has a directory component, businesses will pay for the top “featured” slot.
• Non-Display Ads: this involves allowing advertisers to have retargeting scripts on the site.
• YouTube Ads: you only need 1000 subscribers to use Google’s monetization.
• Fundrise: this lets people invest in real estate with a low minimum investment.
• PeerStreet: you help real estate flippers and earn a percentage on your investment.
• Worthy bonds: this is a great way to diversify your portfolio.
• Credit card rewards: think free gift cards, cash back, etc.
• Cash back apps: some of the apps include Pei, Fetch Rewards, Wikibuy, etc.
• Mint Mobile: this is a cheaper service provider that helps you save more.
• Trim: If you want to cut back your expenses, this app will help.
• Debt-free life: no debt means more money in your pocket at the end of the month.
• Commute-free life: work from home to save more.
• Rent, don’t buy: in some areas, renting is cheaper.
• Savings account interest: the interest is not much, but it is something.
• Checking account interest: every penny counts.
• DiversyFund: it is an eREIT.
• Roofstock: this one is for real estate too.
• AcreTrader: for America’s farmland investing.
• RealtyMogul: it’s a real estate crowdfunding site.
• YieldStreet: only for accredited investors.
• Website investing: create a website to make money.
• Raw land flipping
• Royalty exchange: this involves buying future royalties.

Peer-to-Peer Lending Platforms

• Prosper
• Lending Club
• Bondora
• Zopa
• RateSetter: for diversified loan portfolios
• Certificate of deposits: this is a safe option.

Passive Income Through Business Lending

You can earn by lending cash to small businesses using the following options.

• StreetShares
• Kickfurther
• Funding Circle
• P2BInvestor

Building Income for Passive Cash Flow

• Make an email course.
• Come up with an online course.
• Get into software/app development.
• Music licensing.
• Photo licensing.
• Alexa skill development.
• Voice over royalties.
• Subcontract a service business.
• Sell a digital guide or file.
• Drop shipping.
• Vending machines.

Selling Assets or Sharing Ideas for Passive Income

• Amazon FBA.
• License product ideas.
• Rent out your spare room.
• Rent out your vehicle.
• Rent out the RV.
• Rent out the boat.
• Rent out the backyard.
• Grow marijuana.
• Rent out unused stuff.
• Rent out your attic/garage.
• Rent out the parking space.
• Share your data.
• Rent your bandwidth.
• Use your car as a billboard.

Reverse passive Income Ideas

• Cut car insurance costs.
• Don’t go to the gym.
• Use the Dosh app.