7 Ways to Earn Passive Income background img
May 3, 2016

7 Ways to Earn Passive Income

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Earn Money

One of the defining traits of today’s youth is their desire to be independent and self-reliable. They don’t like to be dependent on others for anything. But, their schedules are such that a job, even a part-time one, cannot be adjusted, making them fall back on the economically independent part. But, it is not necessary to invest a lot of time and effort to earn money. Here is a list of 7 ways to earn money, without putting in much of your time or efforts.

#1 Sell old objects online

The bicycle that you no longer use, but is in a good condition can be a source of income for you. All you have to do is put up the bicycle for sale on OLX, Quickr or some other consumer-to-consumer website and wait.

Old Cycle

#2 Sell self-made products

Bring out the artist in you. Paintings, earrings, greeting cards or customizable gifts- there are a lot of interested buyers out there for these products. All you need to do is find the potential buyers through word of mouth or just sell your products online.

#3 Blogging

The artist in you creates masterpieces out of words? Worry not, there are ample opportunities for writers too. You either become affiliate marketers for brands, i.e., write reviews for their products on your blog and get paid in return. Or else, start a blog, engage readers and advertisers will approach you for ad spaces.

Blogger

#4 Sell photographs

Those random photographs clicked will help you earn some money. Stock photo websites like Shutterstock will give you a platform to sell your photographs.

Photograph

#5 YouTube videos

You think you have found the easiest way to remove make-up? Think that your movie reviews are unbiased and true? Make a video, create a YouTube channel and upload the video there. Attach Google AdSense to it, which will automatically overlay your videos with ads. Every time someone clicks on the ad, some bucks get added in your account.

YouTube Videos

#6 Teach courses online

The art of teaching online is not limited to YouTube videos. You can make your own courses on language or gardening, or anything that you want to teach. Every time someone subscribes or buys your course, you earn money.

#7 Reward points on credit/debit cards

The easiest way to earn money is to save some. Use your credit/debit card wherever you can and collect those reward/cashback points. Then, avail those points to get amazing discounts and coupons.

Credit Card Points

It is never too late or too early to understand the value of money. These are but a few ways to earn passive income. And one important thing to remember is that what does not matter is the amount you earn, the joy of buying yourself something from the money you have earned surpasses everything else.

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