How To Earn Through A Passive Income & 15 Ways In Which You Can Do It

 Passive Income is an income when you start getting an income without any active hours of work. Basically, it is a type of unearned income that is acquired automatically with minimal labor to earn or maintain a constant income. In it, you use the money you already have to make more money.

15 Ways in which you can earn a passive income:

1. Study pool 

The easiest way of earning passive money is selling your lecture notes on Studypool. You will just have to scan your documents if handwritten or upload typed notes. They will get approved to check if they are not copyrighted then you will start earning from it in a short time. It's a passive income as you earn $10 per view on your document and Study pool claims that you can earn up to $5k in a month just by selling notes. Also, there is no harm in earning money without doing anything much you just have to upload them. It's very important to make sure your notes are legible, relevant, and high quality for maximum earnings. You can withdraw the money through Paypal, Payoneer, western union, mpesa, etc.. In this way it's not for once but you can earn every single time so it isn't a one-time investment in a way.

2. Website 

 Yes, you can earn a passive income through a website as not many people know about it. You must be thinking it's too much of a hassle creating a website but it isn't actually, just go to our how to create a website post. For blogging very interesting and attractive content should be written to make the readers read your content as people get bored very easily. When more people start viewing your content then you can apply for Google Adsense and earn through it very easily as whenever someone views your website you earn. It works like CPC which is a click per post in which you earn through each click on an ad. So you can not earn once but many times according to the google policy which is CPC.

3. Investing

When you invest, you use the money you already have to make more money. Investment is done by buying assets and later selling or renting out assets you already own. Through this asset, you can earn money passively over time. You can even invest in stocks, bonds, rental properties, or real estate.

4. Run A Subscription Service

Subscription services function by way of offering access to a service or a type of product to an audience for a particular sum of money paid at regular intervals. The payment is different for each service for some it's monthly, some quarterly, and some yearly or for the duration of a season.

5. Affiliate Marketing

It's basically a basic arrangement by which an online retailer pays a commission to an external website for traffic or sales generated on their website. As you do marketing of their website or their product.

6. Sell an Online Course 

You create any type of course online for people to learn and they buy it according to what you want. What you need to make sure is that your content is good enough for people to purchase and has nice formatting in it. It's also really easy to sell a course on teachable.

7. Sell an E-book

If you're good at writing you can definitely write a book and sell it on amazon or the marketplace. You just need to make sure you own the rights and it's decently priced to attract more readers.

8. Start A Youtube Channel

If you have good communication and vlogging skills you can start your youtube channel. For it, you just need a Gmail account and a camera. your videos will get monetized and through it you can earn money very easily.

9. Dropshipping Store

It's a supply chain model in which a dropshipper can directly ship one product from the wholeseller's warehouse to the customer's house without logistics and management. This let's dropshippers focus on the actual business aspect of their growth.

10. Buy A profitable App or Website 

11. Cryptocurrency Mining

12. Create an App 

13. Rent out Items You have

It can be a camera, books, furniture anything you can live without and people are willing to pay rent money for it/

14. Sell Products On Amazon FBA

15. Become A silent Business Partner (more like an investor)