Genuine Passive Income Ideas to Build Wealth

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Genuine Passive Income Ideas to Build Wealth

 

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There are two ways to make income ,one is active and the other is passive. Active income requires you to work nine to five jobs ,it might be a regular and safe way to a constant stream of earnings but with passive income, there is no limit  on how much you can earn and without putting in the hard work but this is not a get rich quick  scheme . Through this blog, I am sharing 3 passive income ideas which has been tried and tested ,with some tips and tricks to earn extra money


1. Affiliate marketing


Through this method , you can market products and get paid to do so ,for example Instagram now allows you to  put a link in your stories even if you don't have up to ten thousand followers what that means  is that you can go onto a website like cj.com and get affiliate links for your favorite  products and so when you're talking about  things in your stories or on your feed if you get  any questions at all you can just tell them to go  to your stories and click the link in your stories  and start securing the bag. Just go on to cj.com and you will understand what you have to do. 


2. Sell photos online


 If you're strategic about it ,you can get  to the big back .A lot  of people are not but strategic people are the key to making significant passive income from  this is to license and sell photos that are in demand. For example right now a lot of people are  looking for new jobs or business opportunities as the great resignation is continuing . now a lot of media and social media outlets are using photos of people carrying their boxes out of  their offices ,right now that's a great stock photo which is in demand . Find out what's trending right now in the world  take photos that are related to those trends, license them and put them on websites like  shutterstock or unsplash.


3. Sell printables on etsy   


Now you're not going to make a lot of money  immediately, you have to understand the platform and that's true across pretty much every platform  but while many people do active things like selling journals and t-shirts, you could step in  do a couple of designs set them and forget them and people will make purchases and you would  make money without doing any extra work.  

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