The first passive income idea on this list does take some start-up cash, but it absolutely helps me earn more than $1,000 per month.
Dividend-paying stocks, ETFs, and other investments like Fundrise and Lending Club are helping me earn money around the clock – and all with no work on my part.
Sell leads
After I launched Good Financial Cents, I launched a niche insurance site called Life Insurance by Jeff. Believe it or not,
but I was able to generate $100,000 in income within just nine months of launching this website.
Course Sales
As of right now, the only course I sell is an online marketing course for financial advisors.
Even though I hardly promote it at all, I still get plenty of sales. The course isn’t cheap, either — it’s $2,500!
Create a Digital Product
While courses are digital products you can sell over and over, there are other types of digital products you can dive into.
I’m talking about e-books, online instruction guides, and basically anything else you can market and sell