what is passive income? and 7 passive income ideas

what is passive income? and 7 passive income ideas.

As you all know that now a days there is a tough competition in business as well as in government and private jobs considering this tough competition you can conclude that it is not possible to become a millionaire now a days. And can loose confidence and inspiration to become rich.
but do you know?
there are some ways to become rich but you need to be patient and should wait until your work generates income.so here are some passive income ideas you can try today and can start generating money now.for some of you who don't know what is passive income "the passive income is a source of money generated by you if you don't work at the night no matter but your source will generate money all the time".so lets begin with our first passive income idea.

1.INVESTMENT

Online Robo advisers:

1.Betterment

2.Wealthfort

3.Acorns

4.Robinhood

5.Allyinvest

6.E*trade

I will suggest betterment if you can’t think where to invest.

As you know investment can be a good passive income  idea.

But how?

You can invest in stock marketing but that is risky so what to do.

i am telling you there are tons of online robo advisers which can help you in investment but some of very trusted sites i have given above.

2.Deal and Survey sites

Examples:

 1.Swagbuck

 2.Inboxdollors

 3.Mysurvey

Do normal shopping you do online and make a little bit extra money.

You can also do paid surveys in your extra time and can make good money doing that.

3.Credit card reward points

you can earn reward points by using your credit card which are more than any debit card points.

4.Istock photography

Example:

Shutterstock.com

 Istock photography is now becoming a trending topic in passive income ideas because it do not need any extra time only the pictures you take for fun you can upload on sites like shutterstock.com and istockphoto.com by becoming an member and can get 30-40% profit from sell of photo every time it is sold. The quality the picture more the sell will be and as more the sell will be more will be the profit you get.

5.Blogging/creating website

Earn with:

Google Adsense & Affiliate marketing

You can make blog or website on a topic you are interested in and make your language attractive and can make your permanent viewers and then apply google adsense. you will be paid for ad clicks and ad viewers accordingly. 

Peoples also use blogging as their main income source for their livelihood. May be you can become one of them.

6.E-book/physical book

Example:

Mike Piper-www.oblivousivestor.com

He makes 6 figures an year from

his e-books.

You can also write books like that and can make tons of money you don’t have to write tons of pages for a book only 16-17 pages book is sufficient but only the thing is it must be unique and useful for buyers.

7.youtube

Examples:

1.Pewdiepie

2.Tech-Gaurav Chaudhary

3.Comedy-Ashish Chanchlani

4.Roasting-carryminati

5.Adult comedy-bb ki vines

If you are dedicated for your youtube and fill content in your youtube very fast then only you can become an successful youtuner and second thing you should make your content for international viewers because youtube  give quality of ads asper the variety of viewers.

here also i want to say:The quality and interesting the video more the viewers will be and as more the viewers will be more will be the profit you get.

So best of luck!!
I believe this information must be useful to you.



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I pray you become an millionaire or billionaire in your near future.
Thank you being part of our society.

AT the last i want to tell you a thought:
                                     “success is not built on success. It’s built on failure. It’s built on frustration sometimes its built on catastrophe”.
                                                                                                    -Summer Redstone