5 Different Types of Passive Income

in #money7 years ago

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If you're like me and you're always thinking of new ways to generate a passive income consider this list below.

TYPES OF PASSIVE
1)Investing
Ex. Stocks, CryptoCurrencies, and Real Estate

  1. Peer-2-Peer Lending
    I recommend Lending Club or Prosper.

  2. FBA a.k.a Fullfilment By Amazon
    Sell products. Self explanatory

  3. Publish a Book
    You don't have to be the next J.K. Rowling to write a book. Also, consider publishing a e-book.

  4. Create Content
    Whether it's YouTube or Steem. If your content is good enough you'll probably get paid for it.

There many possible avenues for a passive income. These are just 5 not in any speciefied order.

Be Blessed ,

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Credit card rewards are also pretty passive, especially if you're used to using a debit card for your spending. I usually get around $20-30 a month just by using a cash back credit card - it would take many thousands of dollars in a savings account to generate that kind of income.

That's true ! Very good point