Guaranteed 30 Passive Income Ideas to Earn Money in 2023

Guaranteed 30 Passive Income Ideas to Earn Money in 2023
An Influencer

Imagine having a steady flow of money without the daily commitment of a full-time job in 2023. Passive income is a cash stream that requires little or no daily effort to maintain, unlike active income, such as cash earned from working at a job or as a contractor.

You can create passive income through investing in certain financial products or by starting businesses or rendering services that, after an initial investment, start to generate income without regular work.

Here are some of the most common ways that individuals and businesses can earn passive income in 2023:

1.       Become a blogger

2.       Become an Instagram influencer

3.       Build and sell spreadsheets

4.       Buy a rental property

5.       Buy and sell websites

6.       Create a job board

7.       Create a print-on-demand store

8.       Create no-code apps

9.       Earn royalties through inventions

10.   Earn while shopping online

11.   Invest in businesses

12.   Invest in REITs

13.   Invest in the stock market

14.   Invest in vending machines

15.   Lend money to peers

16.   Record audiobooks

17.   Rent out unused space

18.   Rent out your car

19.   Rent out your spare room

20.   Run an affiliate marketing business

21.   Sell designs online

22.   Sell digital products

23.   Sell handmade goods

24.   Sell NFTs

25.   Sell stock photos online

26.   Stake cryptocurrencies

27.   Start a dropshipping store

28.   Start a YouTube channel

29.   Teach online courses

30.   Write a digital guide

Have any questions?  Need more information and guide? Kindly use the comment box below. Don’t forget to share these ideas with others.

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