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.

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