21 passive income ideas to get rich without lifting a finger
Do you work a traditional 9-5 job but feel like you’re about to burn out?
What about if you could quit your full-time job but keep your salary?
Also read: 10 things we can learn from Australia’s richest people
It may seem impossible, but making money in your sleep is a reality, if you know how.
What is passive income?
Passive income is where you get paid over and over again for work that you did just once.
Also read: The cities where one night in hospital costs more than a luxury hotel
By choosing the right source of passive income, once the hard work is over, you can sit back, relax and let the money roll in.
Here are 21 epic passive income ideas to make easy money
Create a comparison website
Build an iPhone or Android app
Sell your photos
Buy an investment property and rent it out
Are you crafty? Make your own products and sell them online
Buy and rent out equipment, e.g tools, electronics, baby gear
Charge businesses to advertise on your blog or website
Buy an existing established online business that can run itself
Invest in a business as a silent partner
Startup a comparison site
Invest in an index fund
Do some affiliate marketing on your active blog or website
Become a referral source
Make money for tasks you already do – some websites pay money for playing games or shopping online
Empty or unused room? Rent it out
Ever thought of your car as a mobile billboard? Rent your car for ad space
Buy items cheap in bulk and sell them on online
Become a peer-to-peer lender
Invest in vending machines in public places
Become a youtube star
Write an e-book