Best 3 Passive Income Ideas
Rent out your car
Your home is not the only thing you can rent out to earn passive income. You can also offer your car up for rent with a service like Turo.
If you already use your car for Uber, you can sign up with platforms like Carvertise or Wrapify to earn extra money as you take trips around town.
Another way to turn your car into a passive income stream is to look for someone who needs a car for Uber or Lyft.
Earn while shopping online
Cashback reward sites like Swagbucks, MyPoint, and Rakuten allow you to generate passive income when you shop online.
After signing up, you don’t have to do anything extra, aside from shop, to make money from these sites.
Start a YouTube channel
It's not too late to start a YouTube channel. A whopping 74% of adults in the US use YouTube.
That's a lot of eyeballs to capture for passive income. The catch? It’s a lot of upfront work for little to no return in the beginning.
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