Top 20 ways to generate passive Income
Passive income is the income that you will earn even when you are not working continuously. In other words, it means a passive income source is a source that will generate money for you in the background once you have created it. Passive income allows you to roam freely as it does not need your continuous attention once it starts generating. Hence the best way to get free from the daily job and become free to travel, party, enjoy is Passive Income. Therefore, today in my this blog post we are going to discuss top 20 ways to generate passive income. So, let’s get started.
1. Create good quality and original You-tube videos-
In today’s world, everyone is aware of the You-tube and its uses in a very deep way. From the villages to cities, developing countries to developed countries everyone is using You-tube. So, in today’s world, you-tube is the biggest ever platform of videos related to all the types of knowledge. In every minute thousands of hours videos got uploaded to youtube.
Now, the question arises that how to earn money or create passive income from you-tube. Actually, you-tube pays for views and the ads it will show in between the videos. It means that if you have enough subscribers and views on your channel and videos respectively, then you will easily generate hundreds of bucks on every video. And if your video goes viral then it will give you unexpected money in your account.
Name of some top Youtubers-
2. Write an ebook-
An ebook is a digital book that you can access on your digital media. The best thing about an ebook is that you don’t need to worry about printing publishing and other matters. There are a lot of publishers online who will help you to do so. What you have to do is just advertise your ebook on social media, friends and everywhere you can.
Make it’s some content free so that people can check it out and make up their mind to purchase it. And in this way you will make a great money if your content is original and interesting. Once you have written your ebook, it will keep on generating income for you till it is available in the online market to purchase. So, just think about the topic and start writing. It will make you wealthy from both mind and money.
3. Start a Blog
By saying that start a blog I am not saying that making a website start a free blog on different platforms available. And then give your time to build good organic traffic on the blog and then start promoting the affiliate links. Now, what are affiliate links are? Actually, all online shopping websites give you a service named as affiliate marketing.
And by this affiliate service, you can help those websites to sell their products by promoting them. And in return, you will get a commission of some percent depends on the amount of the product and its commission percentage. For doing this you just have to put the affiliate link on your blog and whenever a user clicks on it and made a purchase you will get your commission.
4. Build a good organic traffic and followers on a social media page-
This method is similar to the previous one in which we were promoting products by using affiliate links. The only change is in the platform. Here we are talking about a social media page. And it can be of Facebook, Instagram etc. The remaining process is the same. You just have to give your promotion link on your page and if anyone made any purchase through it you will get your part. So, start working and start rocking.
5. Earn with Usertesing by giving your review-
Usertesting.com is a website that pays you for reviewing various websites and apps through audio, video and feedback analysis form. In the usertesting program, you will be given several tasks related to a particular website and software. In those tasks, you basically have to visit that website or software you are testing. Further What you have to do is just try completing those tasks related to website or software. And finally, submit that on the usertesting website. And you can get from 10$ to much more for one review work. For More information on this particular website, you can comment below and I will write a complete tutorial article about the website and how to earn through it.
Above given are the best 5 proved methods and if you want detailed information on any of the method of passive income comment below and I will try to make it more clear. There are 15 more passive income methods that you will read in our further posts. As we know that in today’s world everyone is in need of more and more money. So, here you will get some idea that how to fulfil that need for money, SORRY MORE MONEY. And this post will also help somewhat to students who always need money but doesn’t have any source of it. Here you will definitely get a way of earning that will suit you and your interest. And it is a very good thing also to be self-dependent at the age at which you are learning to build your future. So, for more such cool articles and posts keep visiting. And please give your honest review in the comment box below.
Keep Reading and Start earning.