Home / Top 10 Ideas To Get Money With Passive Income

Top 10 Ideas To Get Money With Passive Income

Share on Facebook Share on Twitter Share on LinkedIn

I know far too many who work with an 8 to 16 job, and have done it for many years, but who are completely burnt out. Do you know that feeling? I know that I wanted more freedom in my everyday life, which is why I always thought the idea of ​​passive income has been very interesting. I had also heard that many had quit their jobs to replace their full-time jobs with passive income, but I had no idea where to start. I also dreamed of finding ways to get rich without finally having to work, but at that time I had no plan to get rich, nor did I have a plan for how to achieve this passive income like everyone else. talked about.

This got me started this blog where I earn a massive income of several thousand dollars a month each month, but it's not the only way I earn a passive income.

What is Passive Income?

Passive income is when you get paid again, and again, and again for any work that you did once. I have many sources of passive income and many of them I will mention further down.

Passive income sounds to many to be something you dream of but never become a reality. Yes, it also sounds too good to be true that you can make money while sleeping. But that's not too good to be true. You can actually make money while you sleep if you get some decent sources of passive income.

Can you make a living from passive income?

Yes, you may live off of passive income. But you'll be disappointed if you think you'll be asleep. Because you really have to work hard for a period of time before you start getting a passive income that can replace your full-time job. But if you really go "all in" and do what it takes, then you can actually replace your full-time work income with some of the stuff on that list.

How to get a passive income?

Before we move on to the ways in which you get a passive income, I want to tell you a little about how to actually achieve what is also known as a passive income. It may well be misunderstood when the word '' passive '' is mentioned. If you think you can just lie down on the couch and watch the money without having to do anything yourself, then you'll be disappointed.

It requires 2 types of investment to achieve what we know as passive income. You must either:

- Invest your time in the beginning.
- Invest some money in the beginning.

If you want to earn a passive income in the goal of becoming rich, then you have to do one of the things above to achieve your goal. But once you have found the scam, you'll surely be happy to do either or both, because then it will be really interesting.

Passive income - top 10 ideas

By choosing the right sources of passive income, you can invest your time exactly as you wish. In fact, passive income is one way to buy back your own time.

There are many opportunities out there to make a significant income with things like Network Marketing. But this is NOT one of those pyramid things. These ideas to make money while you sleep while doing something you really want, but also something that suits your abilities, and in addition, they will also help you get rich if you're hardworking and hard at work. beginning.

1. Invest in crowdlending

Crowdlending is when you lend other people or companies your money and you in return get an agreed interest rate as well as installments every single month. Crowdlending and peer to peer lending are probably one of the easiest ways to get rich with passive income, as you receive installments on the loan every month from the borrowers, but you also get the interest rate that you have the opportunity to reinvest. This means that with the interest rate, every month you'll make more money, even if you don't invest more money.

I invest in crowdlending myself and have done for a long time, and I have a 12% return myself with my crowdlending investment. This means that every single month I get a completely passive income into the account.

2. Dividend Shares

Dividend shares are money paid to shareholders as part of the year's return. Dividend shares are specially good for those who would like to have a passive income, since you get the money automatically paid out on an ongoing basis, which you have the opportunity to reinvest.

If you go this route, be sure to read the stock trading stuff carefully and choose some solid stocks where you may be dependent on dividends for many years to come.

3. Create a blog

One of the opportunities that I actually make the most money with passive income is by having a blog. A blog is a great way to get a passive income as you can actually make a lot of money on a blog. There are many bloggers out there who have managed to get rich by blogging and having such a passive income that they can work from anywhere in the world.

With a blog, you can write about exactly the topics you find interesting, and then you can have advertisements on the blog, which means that when you have written x number of posts, you can not write more posts and on it that way you can leave it and make money without having to do more yourself.

I have personally blogged for many years and got a steady passive income that way, so I have also written some posts that you can read here on the site.

If you consistently use your blog and create a lot of valuable content on it, then you can really quickly earn a substantial passive income on it. The more and more you blog, the more traffic your blog gets and it will earn you more and more all the time.

You can even go on vacation, and schedule a post or two to automatically come up on the blog during the holidays, and when you get home, the blog may have made more money than your trip has cost.

4. Affiliate marketing

If you already have a website, then this option gives itself. Some people earn over $ 100,000 a month with affiliate marketing.

If you don't have a website, you can get started with a website of less than 20 kroner a month. It's the cost of hosting a website. Hosting is the company that stores your website on a server so that it can be viewed on the internet.

Affiliate marketing can be a really effective way to get a passive income. This is because people click on affiliate links on your website and you receive a commission every time they buy something without having to pay extra. All they have to do is buy a product.

5. Create an online store with drop shipping

With an explosion of webshops on the web, it has become incredibly popular to start its own online store. But here's how it works: You create a webshop that offers products from some specific vendors. A person visits your website and orders a product, and then your system passes the order on to one of these suppliers. The supplier sends the order directly to the customer.

A huge advantage of this type of business is that you do NOT have to buy a stock. The customer pays for the product and you take the revenue and the supplier sends the products out to the customer. It's as simple as it sounds.

If you're considering doing so, then you can use Shopify, for example, to create your online store.

6. Make an online course

An online course can really be an effective way to get a passive income. It works like this: You do an online course with a lot of value and that solves some problems that people have.

This course can include videos, ebooks and emails with valuable information. Customers sign up for your course, and your system automatically sends out emails with everything they need to get started on the course.

7. Start a business and get someone else to run it

If you own a business, you have a great opportunity to get a passive income and even big enough to get rich from it. The key is just to get someone else to run the business for you. Whether it's because you're buying an existing business or starting a new business, your great business idea can really become a good source of passive income.

8. Buy a blog

If you don't have a lot of extra time left in your everyday life, to start creating a new blog and to write new articles every single day, then you may want to consider going a little easier. You can buy a blog instead of making it. That way, you can choose to buy a blog that already has a passive income, and just write a new blog post a couple of times a month instead. It gives you an extra income and over time you'll earn what you paid for the blog back home, where you can then resell the blog if you wish, or spend all the money on a new blog.

Thousands of blogs are getting low every year, and many of them are abandoned even though there is actually quite a lot of traffic and many visitors to them. If you can find a blog with a nice amount of visitors each month, combined with a steady income, then this could be a perfect purchase to increase your passive income.

Many blogs have google adsense or affiliate links on the blog which provide a monthly income based on people either clicking on the various links or clicking on the advertisements.

9. Write an ebook

This may be a lot of work to invest, but once an e-book has been created and marketed, you can really make a lot of money with a passive income. You can either sell the ebook yourself on your own website, or offer it on other websites that sell ebooks.

The way you make an ebook is that you possibly start by writing a 50,000 words like a typical ebook, where you get it divided into sections as you wish. When the ebook is done, you save the ebook as a PDF and it's actually ready to be sold to your future customers.

10. Create an app

Apps can truly be a seriously lucrative way to get passive income. Think about how many have smartphones today. There are actually pretty good odds of you reading this article on your smartphone. People are downloading Apps like Insanity nowadays.

Apps are made to make life easier for others or for pastimes. Whether it's an App that helps people, or makes great images for people's blogs, or a game for kids, it's something that people see a value in.

You might be asking yourself that there aren't so many Apps out there that you can't make an App that people are going to use because there's so much competition.

And the answer is, you can easily make an App that becomes popular, even if there is a lot of competition. Create a new idea and be creative. If you come up with something unique, you can actually make quite a lot of money from it.

Namely, apps can be completely passive. Once made, you often don't have to think about it anymore.

Can't code yourself? No problem. You can easily hire a developer who can make your App cheap and just use your idea. This can end up being expensive, but if you're looking for developers who aren't necessarily Danish, but are looking for App developers from abroad, then you can often get a cheap developer.

When the app is complete, it should be put online and you'll earn money from google Adsense, and you'll be able to earn a full passive income for many years to come.

How do you then start earning a passive income?

It may be tempting to choose 5 or 10 of these options and get started right away, because then you can earn 5 times as much as one of them. But take it easy! Choose one of these options to start with and work your way up. As mentioned, it requires you to invest your time or money to get started and if you choose too many options, you'll never get rich with passive income because you never get to finish the various projects .

Then select one of the options and then take one by one. Before you look around, you have a large passive income each month, which may someday replace your income from your job. Yes, you can also make money while you sleep.

See also:
Back to top

Home | About Us | Contact | Privacy Policy | Terms of Use

Copyright 2011 - 2019 - All Rights Reserved