6 Ways to Earn a Passive Income

Photo by lucas Favre on Unsplash

A passive income is an extra amount of money you can earn by doing little if any extra work in addition to your regular job. Here are some examples:

App design

If you design your own app for a smartphone, you will earn money every time someone downloads it. A successful app can earn you a lot of money.

@martinsoft – Up early finalising some changes to @dash_pm for our new upcoming release. 😊 . This week has started off pretty good! • 🏃🏻‍♂️On Sunday I ran 11 miles for the first time in a while (an amazing way to clear your head); • 🎉 Yesterday all the work I’d submitted last week for my client’s project passed through QA on the first run, with no issues. • 😅 And this morning I’ve finished all the remaining tasks for our new DASH release so it can go for testing. . How is your week going so far? Tell me! 👇🏼😊 . . . . . #code #coder #coding #dev #developer #devlife #codinglife #programmer #programmers #programming #developers #softwaredeveloper #softwareengineer #entrepreneurs #startups #iosdeveloper #appdeveloper #geek #nerd #webdeveloper #website #lifeofadeveloper #freelancers #workhardanywhere #programmerlife #fullstackdeveloper #webdesign #learntocode #buildtheweb #worldcode

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Online writing

Many online writers are paid for the first few years that they write articles. Thereafter, they earn money based on page views of their articles. Well-written articles earn good money.

Create a YouTube video

You can run ads on a successful YouTube video. If your video goes viral, you stand to earn a lot of money.

Write a book

The author of a published book earns money from the sale of their book. Pitch your book to publishers, or you can self-publish an e-book.

https://www.instagram.com/p/Bg6poJ8Bb_b/?tagged=writingabook

Photography

You can sell photos you have taken to sites such as Shutterstock and earn a commission each time your image is downloaded.

Invest in the stock market

This should be approached with caution. Educate yourself thoroughly before entering the stock market.