Best 5 ways for passive income

We all wish we could make money while we sleep right? Think about it, you can take an extra long holiday while your “passive income idea” makes you money behind the scenes – truly a dream come true.

What is a PASSIVE INCOME?

Let me explain this to you real quick.

You work on something like say an ebook and put it up for sale, and that product generates sales for you on a regular basis – day after day and month after month. This is a passive income for you.

You only wrote that ebook ONCE, but you are getting paid over and over again every time some makes a purchase.

Sounds like a dream job isn’t it? This is why you hear a lot of people say, “Make money while you sleep, with passive income”.

There are many ways you can generate passive income to help you make money from home. And today I am going to show you how to create a passive income in 2019.

These are ideas that are profitable and still in-demand so you have a good chance of creating a sustainable income from home.

1. Blogging

I know you see this at the top of every list of passive income ideas, and that’s because it works – and I can testify.

There are so many bloggers that work on their blog either full-time or part-time and generate some money. However, it does take a little time to bring in a steady income each month. It could be a few weeks or a few months when done right.

So how do you make money blogging?

You can earn money by placing ads, link to affiliate products or even sell your own products.

The amount of money you make depends on the number of visitors (traffic) to your site.

2. Start your own Youtube channel

If you enjoy being in front of the camera its never too late to start a youtube channel.

You make money on youtube the same way as you would with a blog – from ads and affiliates.

See those little ads that show up while watching something on youtube? That’s what will generate you money. And in the description below the video, you can see some notes and links right? If someone were to click those links below and make a purchase you earn a commission.

You can do recipes, hair and makeup tutorials, travel logs, parenting, and toddler videos or just generally even a family lifestyle channel and get the entire family involved.

You can even create free classes to help others

3. Sell an ebook

Many people who earns over $50,000 a year selling just one ebook. Yes, just one!

You write up its contents and edit your ebook and put it up for sale and that’s your hard work done. Once your book is out there in the market, it starts to sell and makes you money. And since its a digital product, there is no need for you to deal with packing, postage or delivery.

You can create a simple website and create a post that links to your product.

4. Create an online course

Similar to creating and selling an ebook, you can also sell a course. This course can include video tutorials to make it more of a personal experience. This is also a digital product, so you get paid for work once done.

5. Sell photos

Just like selling an ebook or an online course, you can also sell photos to make a passive income.if you love taking high-quality images you can sell either per image or as a photo bundle – say 20 photos for $15 (as an example).

you can create your own website and sell your photos on your site. The advantage in using your own website is, you can run random promotional offers – like a Christmas sale. You can also create an affiliate program for your website, so others can promote your site for you, while they earn a commission.

That’s your 5 ways of making money from home even when you are on a holiday. That’s the best part of building a career on passive income. You get paid over and over for work once done.