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21 Passive Income Ideas You Can Start
Most people will agree that you can’t go about life relying on ONLY one stream of income.
In 2022 and beyond, multiple streams of income is a MUST and I’ll explain why.
Take for example, you have 2 streams of income and you lose 1, you will still be left with one more.
If you have 4 income streams and you lose 1 or maybe 3, you’ll still be left with 1. If you have ONLY 1 income stream however, and you lose it, you’ve lost your livelihood.
The idea with passive income is to have cashflow with minimal effort. Heads up, it usual does require some work and nurturing in the beginning, and sometimes, an upfront capital or better still, investment.
The list below is a mix of passive income ideas you can start, and possibly build wealth.
They are as follows:
- Start a YouTube channel
- Write on Medium
- Rent your car
- Rent out a room
- Peer to peer lending
- Start Dropshipping
- Sell info products (e-book, online course)
- Sell products on Amazon
- Sell products on eBay
- Affiliate marketing
