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Per Warren Buffett: “If you don’t find a way to make money while you sleep, you will work until you die.” But how do you actually earn passive income?
In this video I’ll break down the 4 types of passive income, why it’s so important, and 25 my own passive income ideas you can borrow and apply yourself.
This list was originally published on Side Hustle Nation, which also includes dozens of extra passive income ideas I couldn’t include here:
https://www.sidehustlenation.com/passive-income/
💸 My 25 Passive Income Streams 💸
1. Affiliate Marketing
Example of a post monetized with affiliate links:
https://www.sidehustlenation.com/best-udemy-courses-for-entrepreneurs/
💻My free series on how to start a blog:
https://www.youtube.com/playlist?list=PLj561ehA3vjbDacdfb_yLJAyGUWhgziN3
2. Podcasting
Free resource on how to start a podcast:
https://www.sidehustlenation.com/podcoursewebinar
3. Kindle Book Sales
📚 My author profile on Amazon: https://www.amazon.com/Nick-Loper/e/B009N31662/
4. Paperback Sales
5. Audiobook Sales
6. Udemy Course Sales
7. Digital Products on Fiverr
8. Print on Demand
9. Display Ads
10. Featured Directory Listings
11. “Non-Display” Ads
Retargeting Broker: https://www.sidehustlenation.com/repixel
12. YouTube Ads
13. Dividend Investing
Free investing platform: https://www.sidehustlenation.com/m1finance
14. Fundrise
My referral link: https://www.sidehustlenation.com/fundrise
15. PeerStreet
My referral link: https://www.sidehustlenation.com/peerstreet
16. Worthy Bonds
My referral link: https://www.sidehustlenation.com/worthy
17. Credit Card Rewards
💳 https://www.youtube.com/playlist?list=PLj561ehA3vjbepCyANO_OZDDI_OCET16t
18. Cash Back Apps
Some favorites include:
Wikibuy: https://www.sidehustlenation.com/wikibuy
Fetch Rewards: https://www.sidehustlenation.com/fetch
Pei: https://www.sidehustlenation.com/pei
19. Mint Mobile ($15/mo cell phone service)
📱 https://www.sidehustlenation.com/mintmobile
20. Trim (bill saving app)
https://www.sidehustlenation.com/asktrim
21. Living Debt-Free
22. Living Commute-Free
23. Renting (instead of buying)
https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html
24. Savings Account Interest
25. Checking Account Interest
Again for more details and passive income ideas, be sure to check out the full post here:
https://www.sidehustlenation.com/passive-income/
📲 Subscribe to The Side Hustle Show:
Apple Podcasts: https://www.sidehustlenation.com/itunes
Spotify: https://www.sidehustlenation.com/spotify
💡More side hustle ideas: https://www.sidehustlenation.com/ideas/
Thanks so much for watching!
Such a great overview and list of options… Great timing too. I think many people will benefit in these difficult times. Thank you.
Love the charts especially how you compared each stream to the visual. As a school Principal I am always trying to help my students learn that they can trade their time into more passive strategies. You earned my sub!!
I always listen to the podcast and it is great to watch as well.
I googled "retargeting Rights" because what you said about selling the rights to your audience pixels sounds absolutely FASCINATING. Unfortunately, nothing in the search results talked about selling the pixels, just all kinds of articles on how to set up retargeting. How did you get into selling the pixel rights? Do you use an ad agency to get new takers if someone cancels on you?
Very cool Nick!