7 Smart passive income idea which I follow

Khushi Islam
5 min readJun 10, 2021

You can earn money without your physical appearance or active work even when you are sleeping, this is called passive income.

It frees us from the monotony of repeating the same kind of job over and over again. But on the other hand, some passive income is like, once you do work, you continuously get paid from this.

Some people take this as full-time work and they are doing well in their life.

It has changed the idea of ​​doing 9 A.M-5 P.M boring work concepts.

College-going pupils can easily manage their pocket money by doing passive income.

1.Smart passive income ideas:

Smartness does not lie in our face or clothes, it can be found in our work. Around us, some people do the same kind of stuff which we do, but they do it in less time and make more profit, this is called smartness. So, be Smart in your work.

Some smart passive income opportunities and strategies are given below:

  1. Use your car properly: Generally, you drive your car when going to a place. Make an advertisement like that " tomorrow you're going to this place at 7 p.m." and take some passengers who pay you for your service. Another idea is you can rent your car when you're not using it.
  2. Rent your house room: If you have some extra room and you're on vacation out of the town then you can easily rent your room or place. I know it is a bit weird that some stranger will use your place and also probably they can make a mess and destroy your place. But if you rent this with the mediator agencies then you need not worry about these because they give you a huge amount as insurance.
  3. Affiliate marketing: Promote or advertise for other products and get paid that is called affiliate marketing. For this, you have to contact a company and have to make a deal with them. Then they will give you a percentage for your work.
  4. Rent your parking spaces: Do you have a big parking space or you make a parking space at the time of making your house but it remains unused. In that case, you can make money by renting this space to an agency or someone else.
  5. Rent your storage space: It is similar to rent parking space. I know you are smart enough to get this.
  6. Rent your bike, sports equipment, or your unnecessary objects: Renting is pretty much a similar object to rent a car, room, parking space, or storage space. In this process, you can easily make some money by allowing someone by using your products.
  7. Get money back to shop: Every day we spent our money on shopping. What if, if we get some percentage back on our spending by using apps or websites! Yes, you can get 2-10% money back by using Swagbucks, Rakuten, ibotta, etc.

2.Passive income ideas with little money:

In passive income, there are two ways, with money and without money. The major difference between them is, you can earn money fastly with investment but have some risk one the other hand you need not invest anything and you can earn without any risk. Here some passive income ideas with some money:

  • Invest in the stock market: Buy shares from a well-known fast-growing and well-paying company. By the time companies grow, your share rate is growing as linear growth. And you can get some handsome amount of money from there. But the risk is 9/10. Be careful about this.
  • Invest in real estate: It is similar to giving loans. You can earn long-term money from this but you need a big amount of capital. Suppose one has a place, and he wants to make a house on that place for this purpose he contacts a real estate agency. But at that moment the real estate agent had no money and they were looking for a loan. There you can give them money and receive percentages for the rest of your life. Here you can find the risk of 7/10.

3.Passive income ideas for students:

The college tuition fee, house rent, and food are very much expensive. And it will be much tougher for an International student. Sometimes they are not able to do a part-time job by maintaining their tight schedule. So, the passive income can give them some relief. Here some ideas for students:

  1. Start your blog: Starting a blog is very much profitable. You can earn from them by using Adsense and doing affiliate marketing. Once the blog site is much popular, you need not do other jobs. Once you set up the site and you don't update it for a long period, and even open the site for times but also you can earn from this.
  2. Write an ebook: If you love to write, then why delay writing a book. Do hurry pick a profitable subject and write an 80-100 page book, hit publish, and receive royalties.
  3. Set up a YouTube channel: Set up a youtube channel similar to a blog. Youtube will pay you for the views. Once you publish an eye-catching youtube video and you get traffic on this video every year then you can earn money from this every year once a month.
  4. Sell your photos: If you click amazing photos and your circle admires you for your creative clicking then you can sell it to Dreamstime, Pinterest, Shutterstock, etc with some money.
  5. Earn from your daily activities: You can earn money by watching videos, shopping, browsing the Internet, and answering surveys. Some survey sites such as survey year, Lindale survey, etc give you money by answering some easy questions.
  6. Create and sell an online course: If you are well in a subject and you can teach then make an online course and sell it. For this, you do not have to stay online all day and don’t have to present physically to teach pupils.
  7. Email Marketing: Email marketing is another exciting way of making some money.

Are you ready to make money by passive ideas? Pick your favorite one and start earning.

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Khushi Islam

The first thing I did was to be a part of the world and the other is a great way to get the best out of the way.