Reader Interactions

164 Comments

  1. This is a great list. I have a friend who is researching the batting cage idea.

    • We’ve done some work on it too, Brian, and it seems like a super profitable idea. I wish we had the cash to open one here!

      • Maybe once we sell 100,000 copies of our personal finance curriculum, you can open one then. 🙂

        • LOL, you’re a funny one, Deacon. 🙂

    • That is awesome! Let me know if he actually follows through with it. I am curious how the numbers workout from a net income standpoint of owning a batting cage.

    • Yeah, I have been looking into a batting cage for a while now, and I’m really considering trying my hand at it!

  2. These are great ideas! I really like how you mentioned, “get out of debt”, as passive income. I’ve never thought about it like that before. I’m always trying to think of new ways to persuade people to get out of debt. This is a great way to flip someones perspective. Debt reduction really is passive income!

    • It is amazing how much more money we had coming in every month to work with when we paid off our debt. Although it is not “technically” passive income, it is a great way to increase your cash flow.

      • I call it, “mirrored passive income”.

        • That’s a good description.

  3. I love this list–thanks for posting it! I’ve been learning a lot more about passive incomes lately and this list included several ideas I hadn’t thought of before. Thanks again!

    • Thanks, Niomi!! I’m glad you are finding the post helpful!

      • I am in the process of writing a book and starting an online business as well as an at home business. I loved this post because it solidified about 6 of my existing ideas but gave me some resources that could help. How do I get my book edited and published professionally though? Isn’t this needed in order to sell?

        • Try going to our post bout how to get paid to read books. Even though editing is not what this post is about, there are several companies that might do book editing such as Kirkus. I hope this helps and good luck on your book!

    • Thanks for your great ideas to get off the hunk of debt.

  4. I love this list, Laurie! I’m in the process of figuring out what eBook to write. It would be so fun to do a course someday too. Thanks for validating my thoughts with this boost of encouragement!

    • Hey, Laura! That is awesome that you are planning on writing an eBook. What are you thinking the book will be about?

      • Hi, Deacon! I’m a financial coach and a mom, so I’d love to write a book that will encourage people to get out of debt and smash their financial goals so they can travel the world with their kids or start new hobbies or just be able to come home before dinner every night. We’ll see.

        It’s kind of you to ask!

        • Can I get access to your book as soon as you are done? I have M.S and not one for collecting from the government. I want to do this by myself. So, I would love to read your ebook and any advice you have.

    • That’s great, Laura! You definitely have tons of great info to share with how well you and Dontae have done.

      • You’re always so encouraging, Laurie. I really appreciate that. Perhaps I’ll get started on that sooner than I thought. 🙂

  5. These are great ideas…I will try to experience some of these.

    • Good luck, Casey! Let us know how you do!

  6. There are so many ways to generate a passive income stream these days. Though some of the items listed are not that passive. Maintaining a blog takes time and work and so does managing real estate. One of my favorite ways of generating passive income is via dividend growth investing. Thanks for compiling this list.

    • Dividend income is a great passive income form. Blog income is passive in some capacity in that once a post with an affiliate link is posted, it only takes a click and a purchase by another party to produce the income. Thanks for weighing in – we appreciate it!

  7. Writing is definitely on high demand now with many small businesses in need of online marketing. Thank you for mentioning creating an online course too! Sites like Udemy and Udacity are worthy trying out.

    • Thanks, Chella! Yes, writing has been lucrative for me and I’ve enjoyed being able to work at home and still bring in income.

  8. I made a little over $500 USD last month from passive income. 97% of that comes from two Amazon sites I built but can’t seem to find motivation to work on anymore. I am slowly working on creating my first product now. It’s going to be an online course.

    • That is awesome that you made $500 last month. Way to go! I know how you feel. I find it hard to get motivated from time to time, but then I start a new project and I am all in.

  9. What a great list!

    I’m almost debt free so I’m excited about the “pay-raise” I’ll recieve! I especially like the content creation ideas (book publishing, online courses, etc.) because of the relatively low overhead. Once it is made, it never has to stop working for you!

    • Congrats on almost reaching debt freedom!! You could definitely do a book about your experience and help increase your income that way, too. Good luck, Brendan!

  10. Hi,

    Today while surfing I came across this list. This is an awesome list of ideas. I am interested in online ideas to build passive income streams.

    Can you suggest anything which we can start immediately and build a business?

    • I’m glad you found it helpful, Sourabh! YouTube videos are one way that you could start building a business immediately. You could easily have an instructional video up today and start advertising and getting views. Best of luck to you, Sourabh!

  11. I’m one of those weird people who actually loves to edit content. Whether it be a report or an essay, I feel a strange joy in reconstructing clumsy sentences and ensuring language and layout consistency. Is there any income to be generated from THAT? lol

    • Hey Nicole! You could definitely make money at that. There are plenty of places that hire proofreaders where they will pay you to read and edit content. Let me know if you end up doing that!

    • Hi Nicole,
      It’s nice to have finally found a twin! I naturally LOVE editing content too. We’re both word nerds – that’s what I call it anyway. I would love to know if you find anything good to put your talents to work! I really enjoyed this list. Keep them coming! Thank you!

  12. Deacon

    A drop shipping business – is it something that has to be worked 24 – 7? The reason I ask is because I have a full time job and was wondering. I want something that won’t take up all my time. I mean, I already work 15 hours a day, Monday thru Friday. I want to start out slow and learn as I go. Any info would be helpful. Thanks in advance.

    • Hi Bill,

      I have only dabbled in drop-shipping before when I had an eCommerce platform 6 years ago or so. I think it is something that you could do on the side, but you would want to do in depth research on the industry you want to get into before setting up shop. It may be a little less passive up front, but over time you could take your hands off the wheel.

  13. Thanks for posting such great ideas! I’m interested in a dropshipping business. Exactly how does one get an opportunity to sell and work with manufacturers?

    • Hi, Donna. There is a lot to it when starting a drop shipping business, so I figured I should point you to the best resource I know. This guy is doing great things in the eCommerce world and shares how you can get started at eCommerceFuel in his post about how to start a drop shipping business.

  14. This is an excellent and informative article! These are also great ideas!

    • Thanks. I’m glad you found it helpful!

  15. Hi,
    I am an English major and a herbalist with so many ideas and no extra income to fulfill them. I recently started renting my extra apartment in the attic with Airbnb. It’s amazing how fast I accumulated some money for few hours of work between guests. Now I want to persue all my dreams of opening an online herbal store, publishing my ebook of treating Ulcerative Colitis with herbs, blogs, and videos, and pretty much all of the ideas mentioned here. I will save this article as its really helpful for whomever needs some ideas…
    Thanks for sharing and the encouragement…
    Great job. It can be done, people!

    • Wow, I’m glad to hear about your success with AirBnb. I love that site and we use it nearly every time we travel. I wish you all the best with your ebook and online store. Let me know if there is anything I can do to help!

    • Hi Amina,
      Do you have anything published on your herbal treatments or a page?

  16. I used care.com and all I got were scammers.

    • That is interesting as I have never heard that before. What were you looking to do, babysitting or pet sitting?

  17. Add more ideas for this article, please.

  18. I just wanted to say how nice it is to see such a positive exchange between strangers on the Internet. Seriously, not only was this article (list) motivating and well-drafted, the tiny little community of readers truly were a pleasant crescendo I found to be the cause of an inward smile. Thank you, everyone, and good luck to you all with your passive income efforts!! 🙂

    PS-If anyone needs an Equine Massage Practitioner in CO Springs, I’m raring to go!! 🙂

    • Hey, Emily. Thanks for the kinds words. It is all about helping each other reach our goals in life, so I am glad you found it helpful. Good luck to you as well!

  19. This list is awesome. The idea about renting your stuff out is great. I’m probably shooting my self in the foot here, but if someone were to make an app similar to Airbnb ,but to rent out your stuff, it would probably make them rich. 😉 This is a great post!

    • Haha, that is too funny. I wanted to make an app back in the day called “MyShares” (You can probably tell how I cam up with the name at the time). The idea was that I would loan out books and DVD’s and then would never get them back. Then I thought, how cool would it be if I could rent those items out and that would motivate people to bring them back. Obviously, books and DVD’s are cheap, so this isn’t the money maker. The idea that would probably make the most money would be things like tools, ATVs, etc.

    • You could have your app developed if you aren’t knowledgeable in app development. Although, this would require some cash because you would be hiring an outsourcing company to build it for you while you do the marketing.

      • Hi. Can anyone recommend a really good and affordable app builder?

  20. I always encourage people to start their own blog and make some extra money via affiliate marketing (#8 on the list above).

    Adding to the first on your list (crowdfunded real estate), those that read this article should look into real estate investment trusts (REIT’s). It definitely fits the definition of crowdfunded real estate.

    One of the most appealing options, particularly for millennials, would be #12 on your list (create a Blog/Youtube channel). The videos can be about anything that interests you, from your daily makeup routine (with affiliate links to the products you use), recipes (what you eat each day) or as you mention, instructional videos (again with affiliate links to the products you use). Once you gain a large following and viewership, you can earn via Adsense on YouTube.

    Passive income (with a little effort) can be a great way to earn while you sleep!

    • Affiliate advertising is one of my favorite sources of residual income. I have articles that I wrote years ago that still make money every month.

      As far as REIT’s, those can be a decent investment. However, I have seen some go under, so make sure to research them thoroughly before investing.

      I would love to make more money with my Youtube channel. However, I still have a small following of around 300 people. What size audience do you think would be enough to make around $1,000 per month?

  21. This article was very insightful. I’m working on creating a blog now so that I can create online courses as well as post affiliate links.

    Thank you for sharing!

    • I’m glad that you found helpful, Renee. Please keep me posted on your progress and if you have any questions at all, please don’t hesitate to reach out!

  22. Hi Deacon,

    About buying an existing online business: do you have any tips about what is important to look for when you choosing an online business?

    This is a really good article and some really useful ideas. Thanks.

    • When I purchase an existing online business, I look for cash flow over the past year and where the money comes from. I want the sources to be more passive so that it does not take a lot of my time. Also, typically I will make an offer that is 18 – 24 months of profit so that I know that I will get my money back within the next two years. I hope that helps!

      • Thank you for your help, Deacon. I have found a business/website, and now I am negotiating the price, trying to get it for the 18 months of profit.

        Thank you, Deacon.

  23. I use Turo for my car and it is great! The day after I put it on, it was already booked for 2 weeks solid. I have the money going into a separate checking account that is dedicated to my car payment and insurance payment. It pretty much pays for itself!

    • That is awesome to hear your success with Turo. I know a guy who does something similar with his RV and he said it pays for itself as well. That’s not too shabby.

  24. This is a great comprehensive list. I saw some new ideas! Thanks.

    • I’m glad to hear you got some new ideas out of it. I tried to make as comprehensive of a list for passive income ideas as I could.

  25. That’s a nice read! I love your many tangible ways mentioned to make passive income unlike certain people trying to recruit others by mentioning network marketing and trying to get them to join up and sell products like Amway, Avon, Mary Kay, Cutco or 5Linx. People get sucked into wealth and profits and become influenced joiners from the use pressure tactics.

    Would you say it is a total waste of time, a pyramid scheme, and a wrong sense of passive income and network marketing when joining these companies and being pushed to sell products?

    With passive income, it only makes sense to receive tangible earnings.

  26. These are such great ideas! I’m trying to create passive income that I can live off of at the moment, so I’m keeping my fingers crossed…. I’m also loving the challenge!

    • Thanks! What passive income opportunities are you currently seeking out?

  27. Deacon, I’m so happy I found this blog. I’ve been trying to increase my passive income in multiple ways and now I feel like I have some great new tools to do that! I think I’m going to look more into crowd-funded real estate. I’d never heard of it and definitely didn’t know it could be so profitable!

    Generating a passive income was the key for my family and me to get out of debt. I’m your average American. I went to college, got a decent job, married the girl of my dreams, started a family and BOOM… tens of thousands of dollars of debt. YUCK!

    I had to get out. I actually had this random Facebook ad come up in my news feed (go figure) and it eventually led me to a webinar that taught on how to start an email marketing business (which is, by the way, the most profitable form of affiliate marketing – or ANY marketing for that matter). I listened through the whole 2 hours, completely mesmerized. By the end of it, I knew what I was going to be focusing on to help my family out of the pit of debt we were in and into a world free of financial stress. I didn’t know if it would actually work, but eventually it lead to EXCESS income!

    I gave it a shot. And I have NOT been disappointed. I decided to write a little bit more about it on my own blog (trufiliate.com) and I hope it can help others find the financial freedom they’ve been looking for!

    Thanks again, Deacon, for a quality blog for people like me. I’m always looking to leave a legacy for my family. 🙂

  28. Skip the laundromat idea. It’s NOT passive. I owned two of them. It was a hell of a lot of work and problems. No thanks.

    • That is good to know. I looked into buying a laundromat and it seemed very passive. However, the owner only had one employee, so if she was sick then I would have to step in. It wasn’t for me, but I am sure some people have made it work.

  29. This is a great list. I tried all kinds of ways to make extra money online. What works best for me is koocam. I teach my hobbies and sell my knowledge in every field. It’s great. 🙂

  30. I’m definitely jumping on 3 or 4 of those right now! Hopefully I can give a good and profitable update soon!

    • That is awesome! Definitely give me an update and let me know how it goes.

  31. I’m so interested in having passive income. But, sometimes these passive income ideas need a bigger capital budget. I’m giving only a few dollars of income monthly. So, we have to choose carefully which asset to buy or create.

    • Yeah, it is true that some of these do take an up front investment to get started. However, there are several that take less than $100 to start.

  32. This is an awesome list! Thanks for putting this together!

  33. You can find pet sitting jobs on Care.com, but be super aware of scammers. I have gotten four scam job offers in the last 30 days. If the offer is too good to be true, it probably is.

  34. Wow! What an awesome list! My favorite is the stock photography because I love photography. I have had some success there, particularly with one photo I make some decent income from. I think the key with stock photography is finding a shot that is high demand. Then, find a new unique way to frame that shot. This is the reason my St. Louis Arch photo is a top 10 on both ShutterStock and iStockPhoto. Thanks for the awesome ideas above!

    – Adam

  35. You may want to take Pet Sitting out of it. It’s definitely not passive income. It’s not a laid back job by any means. It’s an 80 hour a week business. I run one, so I know. Overnights are fun for awhile, but then you’re sleeping in a strangers house and they have might have cameras watching every move you make.

  36. Thanks, Deacon. I’m utilizing affiliate marketing, which is working good for me. Now as you recommended, one should start a business and let someone else manage. So, I’m going to use this method as well.

  37. I really appreciate the info and ideas. I love your blog!

  38. I currently use number 2. My last dividend payment was from my Coca-Cola (KO) stock paid out to shareholders on October 2nd.

    I use the Robinhood app to purchase my stock as it is free as long as you don’t cross over into day trader territory (buy, sell, buy, sell the same stock), which you won’t if you’re holding shares for dividends.

    You will receive your first share for free chosen at random by the Robinhood app, which will most likely be valued somewhere between $3 and $10. But, if you are extremely lucky, it is possible to receive one valued up to around $170 (they say). I have not personally seen one that high yet.

    In the interest of full disclosure, I too receive a free share if you use my link. However, you do have to use a referral link in order to get the free share. So if you know someone else who already has an account, feel free to get theirs.

    One last thing: if you decide to go for it, please comment below letting us all know what stock you got. Good luck to all of you. 🙂

  39. I really appreciate your ideas, sir. For me, affiliate marketing is the best suited money making technique today.

  40. Cryptocurrency trading is about a way of creating passive income. I would like to recommend Trademinator.

    • We’ll look into that. Thanks!

  41. I do agree that a few of these ideas are not bad, but for me the problem with some of these platforms has been that I’m not from the USA. So, I can’t operate there. It’s a really interesting possibility to get some extra bucks from doing what you would do either way, like shopping. One of the best projects so far that I have seen is FluzFluz. It’s simple and really easy to use for everyone who uses Uber, Amazo, or other apps. The best part of all is that you can get some passive income – not just from your own purchases, but from other people’s as well. I hope one day it will make it here to your list. I think it’s worth it to check out.

    • We’ll look into that. Thanks for sharing!

  42. Some of these ideas are very creative. Thanks a lot for sharing!

    • You’re welcome!

  43. These are all good, fun ideas. But, people should be aware that many of these are not really passive income. Building up something, building an infrastructure, and hiring someone to run the day to day operations is a business. You have employees, managing, purchasing, etc. etc.

    • It depends on how hands-on you decide to be. It is possible to hire people to handle all of the details for you.

  44. Deacon, I like your crowdfunding idea. I think I will give it a try.
    Thanks for sharing. TJ Mitch at passiveincomewiz

    • Let us know how it goes!

  45. I’m very pleased to see batting cages up there! I have thought the same thing numerous times, as in my area (Indianapolis) there are hardly any and it’s a shame.

  46. I have been toying with the idea of writing a book for some time. I was surprised you didn’t have an affiliate link (lol) to the publisher you used, or provide a little more guidance on proceeding.
    I feel there are so many scam publishers online. They remind me of the cheesy “patents for inventors” commercials you see.

  47. That is the best article I’ve read about this! There are some ways I never thought about, like vending machines. I’ll definitely have to try some of them, but I would recommend using this book too. I’ve made a lot of passive income with this.

    • That’s awesome!

  48. This is a great post. I agree with the above comments that this has been an encouraging group to get some feedback from. The one that jumped out at me the most was #13. Has anyone here started their own business and outsourced the majority of the day to day stuff so that it really does become a source of passive income?

  49. It is never too late to start making income online. A smart man said: Stop dreaming, start acting. Whatever method you choose, stick with it. If you don’t have one, stick with me and it will be the best decision you ever made.
    🙂

  50. That’s another possibility.

  51. It’s good to mention that passive income can be made from cryptocurrencies.
    I’m not talking about day trading or mining directly – as those things are not so ‘passive’. You can host a thing called ‘masternode’ instead. Masternode generates new coins for you everyday (which you can sell for real money).
    For a long time masternodes were reserved for technical people only, as you need to know how to configure a masternode in order to make it work. But it’s no longer true as there are already platform on the market which take the technical stuff from you. You can check GINcoin and their platform if you’re more interested.
    I think that it would be more and more popular as it’s more and more available for regular people. 🙂

    • Although I’m sure more people may be getting into cryptocurrencies all the time, it may be a while before it’s something regular people pursue as a means of income. However, for some it may be a way to make more money, so I don’t completely disagree with your first statement.

  52. I just started out with Affiliate Marketing (idea # 8) and it is not as easy as people make out to be. For me, the hardest part so far, is learning Search Engine Optimization (SEO) and driving traffic to my website. I’m only 3 months into it, but I am confident that the site will begin to generate some incom., I have to give it 6-9 months, so we’ll see.

  53. These are 24 awesome tips. Thank you for sharing the info. Making a passive income will really be a great help for me.

    • I’m glad we could help you out!

  54. #25. Get paid for your good credit by renting out your authorized user spots on your credit card. I know it sounds sketchy, but once you educate yourself you will learn it’s perfectly legal and safe. If you have good credit, you can make thousands per month.

    • That sounds rather interesting. I’m sure it carries some risks as well as rewards. Thanks for sharing this idea.

      • It’s definitely not risk-free and not for everybody. The biggest risk is having your credit card closed down for shuffling authorized users on and off too often, which, depending on your situation, may not be too big of a deal. If you have the right credit profile (old, high limit cards) it can be a very nice extra income stream.

        • David Bauer,

          Could you provide more info or a website for renting out credit scores?

          Thanks

          • Tradelinessupply

  55. This is an excellent article! Not only does it list the idea, but the reference website to get started on each one. Thank you.

    • Your welcome! I hope it helps you out.

  56. Hi, Deacon. I am a newbie in this passive income thing, but everything I read here seems obvious to me. Why not create passive income, right?
    So I started googling about making passive income via the internet. I found this article which seems that it is probably very new. But in the ebook there is great information about passive income, at least in my POV (newbie POV). Is this legit and does it actually work? I want to expand on that because my 9 – 5 s*cks.

    • Well, Jordan, I hate to totally burst your bubble. However, almost nothing worth having is actually free or easily had. So, to put it another way, it may not be possible to have a different job or create passive income without some work.
      Yes, you can make money through affiliate marketing. But you also have to have followers who are interested in what you are advertising. That’s where the hard work comes in – through building your audience and following.
      Now, if you decide to try it and end up lucky enough to make tons of legitimate money with very little work, good for you. But I would definitely be cautious. Read the fine print of any deals you are considering.

  57. Hello. This article was really remarkable, particularly because I was looking for thoughts on this issue last Saturday.

    • We’re glad you found it helpful. Thanks for your feedback.

  58. This is one of the best articles I’ve found as I’ve looked for ways to make money while I sleep.

    I am on number 14 and 19 now. I already have three online businesses. One is already streaming income while the other two are in their infancy stage. LOL.

    • Good for you! I wish you luck with them.

  59. Hi! It would be great if you could make these links open up in a new window so we don’t lose our place in this article if we wander off! Just a suggestion.

    Thanks for these tips. I’m definitely going to look into them.

    • Thanks for your suggestions. I will consider them. Good luck with your passive income. I hope you have success!

  60. These are great ideas and this is a good list. Thanks for posting!

    I would add two opinions:

    1. The batting cage idea is very risky. I’ve seen many of them close over the years and it is not anything close to passive income if you want to keep the business going. You have to continually promote it and target youth leagues, coaches, schools etc to catch all of the new players who grow up and want to play. I’ve played at probably 8 batting cages over the years and 7 of them closed.

    2. Drop shipping is very risky. You need to verify your manufacturer’s ability to deliver on its promises. All it takes is a handful of orders that don’t ship on time and you get a bunch of cancellations and angry customers. Do a lot of research before trying this idea – you’ll find out the risk involved.

    Thanks for the list!

    • Thanks for posting your opinions and advice for other readers to consider. We appreciate your comments!

  61. This is a great article! Thanks for taking the time to put it together. I’ve shared it with friends and family.
    These are great responses and interactions.

    • Thank you. I’m glad you like it!

  62. Can I use these ideas if I am 17 now?

    • You should at least be able to do a couple of them. For instance, you might be able to write a book or house sit. Pet sitting is another option. But we have other posts about jobs for teens that might help too. Check them out on our site and good luck!

  63. This is one of the best articles I have read in awhile. You offer great ideas for students and those looking for extra income. My whole family can each try on our own to combine our effects. Thank you.

    • Thanks for your comments. I wish you great luck with your passive income efforts.

  64. That’s a great idea about the T-shirts. 🙂 I always have plenty of “stupid” ideas but never got around to making them. I opened up a simple e-merchandise site recently *hooray*. It’s not as hard as it seems now. I got some free courses from BitDegree, used WordPress, and bam. I wanted to come back and thank you for the idea!

    • I’m glad you are having luck with your e-store. Thanks for your comments!

  65. The list of residual income ideas you have here is incredibly great. Each one of them has the potential to make you money frequently. But I want to add that being a virtual assistant – VA, is a remarkable way to make money online, as it involves a variety of jobs under the VA platform.

    • Yes, you can make a lot of money as a VA. I’m not sure you would generally describe it as passive income or residual income, though. I suppose you could if you have someone else hired beneath you to do the actual work and you just find and contract with the clients.

  66. Is entrepreneurship better, or is doing a job better? I am just 18 now and want to know the answer.

    • Unfortunately, I can’t answer that conclusively one way or the other. It all depends on you, what you like to do, your work ethic, personality, etc. If you are a good writer perhaps you could write a book and make money that way. Or, you could start your own website and do affiliate marketing. Just because you are young it doesn’t mean you can’t make money doing at least a few of these ideas. I wish you luck in your money making efforts!

  67. Hey there,

    There’s some really great information here. About 6 or 7 of these I will be checking out. It seems strange that I haven’t heard of some of these ideas. but you can’t know everything… 🙂

    Thanks for sharing and take care.

    • Thanks for your comments. I hope the one’s you check into work for you!

  68. Do all these approaches apply in Malaysia?

    • I don’t know. You would have to do a little research on the ones you are interested in to find out. If one or two don’t, keep searching until you find ways that do. I wish you luck in finding ways to make passive income.

  69. Thanks for the list of great information. I really appreciate it.

    • You’re very welcome!

  70. This is a very impressive article! You’re one heck of a writer. My top month online from a drop shipping store was just under $500 USD. I have 3 stores now, but I just don’t have the motivation to keep working on them. I’m going to give Forex trading a try and maybe utilize some of the skills I have while being a student so I don’t have to work for anyone else.

    • That’s great, Nick! It’s always easier to work for yourself than someone else! I hope you have success!

  71. This is a terrible list. I think a 10 year can figure that out. It states the obvious. How about a list that’s not like the rest on the internet. Several of the items on your list are not passive! What a joke.

    • Not everyone feels the way you do and some do not know about some of these ideas. However, we value your opinion and thank you for your comments.

  72. Hi,
    What a fantastic post! This is so chock full of useful information. I can’t wait to dig deep and start utilizing the resources you have given me.

    • Thank you! We’re glad to help!

  73. With two babies, and deserted by my husband, I had no choice but to work for myself. At the beginning it was hard. However, I soon realized that this was the best thing to have ever happened to me. I struggled with EVERYTHING to begin with, but as I mastered new skills I began making a good living without even leaving the comfort of my own home. Now I wouldn’t change my lifestyle for the world.

    • That’s great! How wonderful to raise your kids and earn money to support them at the same time.

  74. Faith Pepper,
    That’s great that you were able to stay home with your babies. But how did you start to make your passive income?

  75. This is a lovely article! There are nice comments, too. For once it’s not an angry crowd!! Now, what are your thoughts on network marketing? Isn’t it a good source of passive income? I intend to venture into one, called World Ventures.

    • Some people have good luck with network marketing. However, I don’t know that it is really considered passive income.

  76. This is a good read. Thank you for writing this article and to everyone that shared their ideas and experiences. God bless you all.

  77. A laundromat is a not a good idea because it’s a dying industry. Why do you think so many laundromats are for sale in the first place?

  78. I’m sure these are all great ideas if you live in the US. But, I live in South Africa and none of these will work unless you earn a lot of money already or own a house or car which are things not many people here can afford. Does anyone know of a list of ways to create passive income in South Africa?

    • I actually went back to the post and looked closer. Out of the first 13 ways listed, only one requires that you have house. None of the rest require you to have a house or a car. Of course, there are 11 more ideas in addition to those first 13 and some of those do require you to start with an investment. However, there’s nearly always a way to create passive income if you are willing to put in the time and work involved. If you do not find something that works for you in this post, check out our other posts. If you’re constantly on the lookout for ways to create passive income I’m betting you will find a way that works for you. Be diligent and I bet you can do it, even in South Africa. Good luck!

  79. Your list looks so do-able! Thank you.

    • I’m glad it could help! You’re welcome.

  80. I have made some extra money each month with this app called HoneyGain.
    It essentially is an app that uses your unused internet and pays you for it.
    All you have to do is sign-up, download their app and let it run.
    Now, this won’t make you rich fast or something, but it is nice to have some extra money each month.
    Extra information you can find on their site! https://bit.ly/2kPmDM6

    • Thanks for the suggestion!

  81. Hey Deacon,

    Thanks a lot for sharing this informative list of passive income ideas. Currently I’m working on my blog and I think it’s one of best ways to generate passive income.

    Again thanks!

    Keep sharing!

    • That’s awesome! Blogging is definitely one of the best ways to make passive income! Best of luck!

  82. I invested in various crypto trading platforms, some made promises and never kept to them. However Nation-crypto.com are the best because really and truly I invested in crypto not to save or loose money but to make profits, was lucky to have heard about the best crypto trading website at the moment. Nation-crypto.com decided to give it a try and wow they keep to there promises, made my withdrawals of my profits on there Platinum package within hours.

    • Glad you found something that worked well for you! Thanks for sharing your experience!

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