29 PASSIVE INCOME IDEAS TO BUILD WEALTH IN 2021

These days, most people are living paycheck to paycheck. This causes a lot of stress in their lives. So how can you be living off of passive income? What does that mean? How is it possible? Well, when you work at generating passive income, you are putting your money into systems that will work for you. You are not working to get more money; the system is working to generate more money for you but it will not happen overnight, but if you are persistent enough, it will happen eventually. Passive income opportunities are the ways you have to follow to reach your financial freedom. However, whatever your choose to do,  affiliate marketing business or you make alternative investments based on various investment choices or Amazon, sales of physical products, or digital products or you want to go into the investment properties, long term rentals, you still have to have an investment strategy plan so you take the right financial decisions for an additional monthly income. This article will cover the main ways that you can earn passive income, which may help encourage you to take that leap. To help you to follow the right path to make money, I will add at each suggestion a few links so you make shorter the way to your financial freedom.It will definitely be your personal decision whether you want to follow these pieces of advice or not. Good luck!

           1) Real Estate Investing

investing in real estate

Investor of real estate. The plants growing on money coin stack for investment home green nature background.  Investment mortgage fund finance and interest rate home loan. Investment Concept

– This is the most popular way of making a passive income stream. If you are good at finding real estate deals and investing in those deals, then this can be very profitable. Real estate investments give you financial independence, being a good source of income. Many people tend to focus on the surface area of real estates such as houses or apartment buildings but there are many other areas of investment including commercial properties, land, and others. A rental property could also be a way to make rental income, being also one of the passive income ideas.

Here you can find a link to a large database of real estate opportunities: Real Estate database
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If you want to learn more about real estate, please access the below link :Learn how to make business with Real Estate!

2) Amazon FBA

Amazon seller

Amazon seller

– Amazon has launched its own private label called “Fulfilled by Amazon”. Basically, you can sell all kinds of products through Amazon using this service. And if the product price is relatively low, they might even give you the chance to earn over 10% profit on each sale. There are many other ways to make money with Amazon, another one is becoming an Amazon Associate, posting an affiliate link of the Amazon listed products. This can generate extra cash, by earning a commission from that sale. This is also one of the passive income sources from the passive income strategy.

3) E-commerce

e-commerce

e-commerce

– Another one of our favorite ways to generate passive income is eCommerce. It is so profitable because you don’t need much capital to get started. You can start your own store with just $5 to $20 dollars depending on which platform you choose. The more expensive ones can cost anywhere from $50 to hundreds of dollars. They can range from hosting, domain registration, shopping cart software, payment processors, and everything else. Once you find what works best for you, you can easily scale up and start generating profits.

One of the best e-commerce website:Here you can start your e-commerce business!

4) App Development

app development

Switch button with green light, black background. Conceptual image for illustration of app development process.

– Apple and Google offer developers an opportunity to create apps for their platforms. These apps can be monetized via advertising or charging for downloads/subscriptions. There are many different options available for app developers. Some people may prefer to build games while others may prefer to develop business apps.

Get paid for apps review: Get paid for apps review

app development secrets :Apps secrets

video creator

5) Affiliate Marketing

affiliate marketing

affiliate marketing

– With affiliate marketing, you only pay when someone buys something. But you do not actually have to deal with any inventory yourself. You simply post reviews about certain products or services, and if someone purchases something after clicking on your link, you get paid.

Here you can find a link to famous Affiliate marketing guru lessons :Learn Affiliate marketing from the best!

or

Affiliate Millionaire: Affiliate Millionaire’s link here:

6) Blogging

blogging

blogging

– A blog doesn’t require you to have any special skills. Anyone can start blogging and writing articles. If you enjoy doing it, then you can make money online with a blog.

Blog Profit network link:Blog profit network here !
or
Niche blogging profit: Niche blogging here!

7) Online Surveys

only survey

online survey

– You can take surveys online and earn money. Most of them are legitimate companies that payout cash.

8) Sell Products Online

sell products online

sell products online

– If you like selling things online, you can set up your own website and charge whatever prices you want Just be sure to comply with government regulations surrounding taxes and shipping fees.

Here is your link for selling online :here is your link :

9) Freelance Writing

Freelancer

Freelancer

– Whether you’re a professional writer or just starting out, you can freelance write for websites and blogs around the internet. If you enjoy writing and feel you have something valuable to share with the world, consider becoming a freelance writer. Websites like Textbroker, Helium, and FlexJobs are places you can go to find clients who may need articles written.

Scribble can help you do the job easy !

Get paid working from home :Get paid working from home !

Learn how to become a freelancer!

10) Become a Virtual Assistant

Virtual assistant

virtual assistent

 

– Are you great at typing fast and copying information into documents? Do you have a computer and high-speed internet connection? Then you could become a virtual assistant. Companies hire VA’s to assist them with tasks such as email management, customer support, data entry, administrative work, scheduling appointments, etc.With the rise of online shopping comes a growing demand for virtual assistants. These are professionals who help customers by answering emails, scheduling appointments, booking flights, organizing finances, etc.

Learn to become a virtual assistant :Become a virtual assistent

11) Become an Online Tutor or  Teach English Abroad

online tutor

online tutor

 

– Are you an expert in some subject matter? Why not put your knowledge to use and help students learn how to succeed in life?– Teaching English abroad is another great way to teach while earning passive income through a travel company such as TEFLWorks.

Polish your English accent !

12) Create and Sell Your Own Product

sell your own product

sell your own products

Sell your own products!

– Have you ever created anything that you really enjoyed? Perhaps you know how to play guitar, sing, paint, draw, sculpt, sew clothing, cook, bake, clean, organize, decorate, garden, grow plants, or even fix things around the house. If you can turn this passion into profit by creating your own product or service and selling it online, why wouldn’t you?

13) Start a Home-Based Business

sell crafts

sell crafts

– Do you love working for yourself but hate the idea of commuting every day? Starting a home-based business allows you to work for yourself while still being able to spend time with family and friends. Many online entrepreneurs start their own businesses while sitting on the couch watching TV

Home business is the best !

14) Write and Publish Ebooks

– Want to write and publish your own ebook? This is one of the easiest ways to make passive income online.

Ultimate book creator :Books creator

15) Be a Transcriptionist

transcriptionist

transcriptionist

Do– Need additional income? Learn how to transcribe from video or audio files and make extra money.

Become a transcriptionist!

16) Become an Uber Driver

uber driver

uber driver

 

– Did you see those cars driving around town? They allow anyone to signup and drive other people around for a fee.

17) Rent Out Items

 

– Sites like Airbnb and others will let you rent out your items rather than keeping them in storage.

18) Clean Up Clutter

Clean up the clutter

Clean up the clutter

 

– I’ve all seen the show Hoarders where people keep everything they don’t need anymore because they think they might need it someday. Well, there is an app for that! It’s called Decluttr. You can enter items you no longer want and they’ll give you store credit or a check via PayPal 15 minutes later.

19) Take Pictures

take pictures

take pictures

 

– Another easy way to make passive income is to take pictures of art, nature, food, buildings, and more and then post them to stock photo sites like Shutterstock, iStockPhoto and Alamy.

If you want to learn tricks about photography, please click on the below link:Learn to make profy photos

20) Get Paid To Search The Web

web search

web search

 

– There are many search engines that will pay you to do searches. Try searching Google: “get paid to search the web.” For example, if you wanted to get paid $5 each time someone searched for “how to quit smoking� ” you would be able to earn over $120 per month without doing any work.

Get paid to put words on the web!

21) Create And Sell Crafts

sell your crafts

sell your crafts

– Do you enjoy making crafts? Consider starting a small craft business as a side hustle.

Sell your crafts!

22) Become An App Developer

app developper

Switch button with green light, black background. Conceptual image for illustration of app development process.

 

– If you enjoy coding and technology, consider developing your own apps. Some popular platforms include iOS , Android, Windows Phone, BlackBerry OS, and HTML 5.

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23) Create A YouTube Channel

youtube

youtube

– Similar to blogging, YouTube is another place where you can make passive income through advertising. However, videos usually require some sort of camera so this option isn’t available to everyone.

Earn money from Youtube ! Online media jobs here! Sales video creator Prof video

24) Create Vlogs

vlogger

vlogger

 

– Vlogging is similar to blogging except you only upload short daily videos instead of long weekly blogs.

Video prof Learn to make a video

25) Create Music

music creator

music creator

– Creating music is yet another way to earn passive income. Platforms like SoundCloud and Bandcamp offer ways to sell your music.

Have you ever tried to sing a song in your life? Click this link to learn how to sing like a professional: Sing like a Pro

26) Design T-Shirts

t-shirt designer

t-shirt designer

 

– Do you enjoy creating logos, graphics, or t-shirts? Consider designing your own products on websites like Zazzle, CafePress, Teespring, and Spreadshirt.

 

27) Invest in Bitcoin/Cryptocurrency

Crypto

Crypto

Bitcoin has been on the rise lately and many people want in on this digital currency craze. You can buy Bitcoin or other cryptocurrencies like Bitcoin Cash or Litecoin and hold onto them until they increase in value. You could also trade these currencies online in order to make a profit off of them.

Train to become a Crypto expert! Victory Crypto

28)Dividends from stocks

divident stocks

Dividends are payments made by a corporation in order to share profits with shareholders. For example, if you own stock in AT&T, they will pay you dividends periodically throughout the year.Passive income is when the money comes in without any effort on your end. You don’t have to do anything! You just get your money. For many people, this is the easiest way to earn passive income.Owning stocks can be a great way to make passive income because most companies pay out dividends on a quarterly basis, meaning you’ll get paid at least 4 times per year. And while dividends won’t make you rich overnight, they’ll provide an excellent source of income if you’re willing to invest for the long-term and watch it grow over time.

Learn to trade stocks !

Beat the stock market! Learn about he hedge funds!

29)Crowdfunding 

Crowdfunding

Crowdfunding

Crowdfunding is a popular way to earn passive income these days. It’s easy to see why. Crowdfunding allows you to provide products or services, in exchange for monetary donations that will be used for your project.

For example, if you’re in need of cash, but don’t want to go through the stress of finding an investor, crowdfunding is a great option. You can make a profile page with all the necessary information about your project and what it entails. Then, you’ll set out an advertising budget—in hopes that people will donate money to make your dreams come true!

If you have an idea for a product or service that’s really worth something but just not making enough money yet, this is one of the best ways to get some capital without having to ask others for it!

Passive income is made by working hard once and then earning money over time. It’s the best way to make money without having to work for it. So if you do this right, then you will become a passive income machine and your annual return will increase. In time,  after your financial situation will show a big plus, passive income can become a full-time job for you but you will have plenty of time to spend with your family!

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LEGAL DISCLAIMER

This article is intended for healthy adults aged 18 and over and is solely for informational and educational purposes. The author assumes no responsibility for any damages or liabilities, real or perceived, resulting from the use of this information. The content found in this article is not medical advice, and the author is not a doctor or a medical professional. Please consult a health professional before starting any exercise, diet, or supplementation program or if you have questions about your health. Specific results mentioned in this article are not typical. These experiences are no guarantee you will achieve results. Individuals differ, and so will results.

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