7 Passive Income Ideas to Easily Make $200/Day
Who doesn’t want to make money while they sleep? Passive income is the ultimate dream for many people, offering a way to generate a consistent stream of income without having to trade time for money. If you’re looking for ways to increase your income without a ton of effort, here are 7 passive income ideas that can help you easily make $200 per day.
1. Rental Properties:
Investing in rental properties can be a great way to generate passive income. By purchasing properties and renting them out, you can earn monthly rental payments without actively working. Although it requires an initial investment, the potential for long-term returns is high.
2. Dividend Investing:
Investing in dividend-paying stocks or exchange-traded funds (ETFs) can provide a steady stream of passive income. By purchasing shares in companies that regularly distribute profits to shareholders, you can earn regular dividend payments without actively managing your investments.
3. Peer-to-Peer Lending:
Thanks to the internet, peer-to-peer lending has become an increasingly popular option for generating passive income. Platforms such as Prosper or LendingClub allow you to lend money to individuals or small businesses in exchange for interest payments. By spreading your investment across multiple borrowers, you can minimize risk while earning passive income.
4. Create an Online Course:
If you have specialized knowledge or expertise in a particular field, consider creating an online course. Platforms like Udemy or Teachable allow you to create and sell your course, earning passive income for every sale. With the right marketing strategy, your course can generate income for years to come.
5. Affiliate Marketing:
Affiliate marketing involves promoting other people’s products or services and earning a commission for every sale generated through your referral. By creating a website or social media presence and driving traffic to affiliate links, you can earn passive income from the sales made through your referrals.
6. Real Estate Investment Trusts (REITs):
If you want to invest in real estate but don’t have the means to purchase properties yourself, consider investing in Real Estate Investment Trusts (REITs). These trusts pool investors’ money to invest in real estate properties, enabling you to earn a share of the income generated by the properties without the hands-on involvement.
7. Create a Mobile App:
In the digital age, mobile apps have become a lucrative source of passive income. If you have coding skills or can hire someone to build an app for you, creating a mobile app can provide a stream of passive income through in-app purchases or advertising revenue.
While these passive income ideas can help you reach your goal of making $200 per day, it’s important to note that all of them require some initial effort, whether it’s investing money or spending time creating content. However, once set up, they can provide a continuous flow of income with minimal ongoing effort.
If financial freedom is your goal, consider exploring these passive income ideas and start building your income streams today. With dedication and persistence, you can achieve your dream of making money even while you sleep.
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Are you ready to make Youtube your passive stream of income? Watch my free YouTube workshop to learn how to get VIEWS on YouTube even with ZERO subscribers ➡
https://www.gillianperkins.com/youtube-growth-workshop/
thank's for all your work. you motivates me a lot
If you want to know best trading tactics, just check Michael's lessons
Same ideas as everyone else. Just another copy cat you tuber
man these 7 passive income videos are all the same. u see one, u see them all.
Thank you for sharing this video full of ideas and knowledge
thanks Gillian this is really useful.
Need make up n fashion advisor
Sounds great, but I have no idea on how to do this, I do have a successful Side Hustle business, so I do have a book idea….Help!!
Good content, but "easily" seems misleading.
your passive income is the subscribers and views you get from your content… that's one ironic reality.
Quite informative and direct! Thank you!
Thanks a lot
Thanks for the tips, I may try those later. For now I’m just focusing on making passive income by investing in energy. Get an average of 1000$ per month with a capital of 50k$ sound enough to me. If anyone interested, you can search leasing and buyback investment with Foundation Capital, you will thank me later
Oi Gillian, este vídeo vai me ajudar muito, obrigado por isso, vou começar a aplicar essas ideias de renda passiva, vai me ajudar muito
Well I don’t want to do any of that.
Your Gorgeous Beautiful
Thank you for being transparent about how much you make and how you do it.
Why Capitol? Not Capital?
Very good video! Thank you:)
thanks for sharing this Gillian
This was so encouraging. Thank you!
Impressive, i made $500k from multiple income streams with the help of my FA James Fletcher brennan, i hope this inspires someone to stop slacking off and save to invest for early retirement. Personally, i'd rather be in hawai living off dividends with my husband than working the rest of my life when i could have invested in long term high yield etf's, as for me i have personal stake in APPL, TSLA, NVDA along with ABBV and KO when i focus on dividends. Goodluck
I got a good one: Honeygain is a page where you basically rent out a bit of your internet connection to companies that need lots of bandwidth. Doesn't get you rich (like 10$ in BTC a month) but its a nice pocketmoney in exchange for letting someone download ~5GB)
(If you are thinking: "This guy probably just wants to get people to use his referral link!" your absolutely right.
Here it is, it gets us both five dollars:
MARCU43F0E
You might find other peoples links while checking this thing out so remember you heard it from me first and Karma is a bitch! :D)
6/7 were pretty much all youtube/social media related. mind blowing
Hey, it's nice video and I only saw it now hahah. Anyways, I started dropshipping like 2 months ago and today I hit my 250th sale.
I have increased sales since I started using WinerZila to find winning products and Chat GPT to generate descriptions. It works greatly so far.
"Things work out best for those who make the best of how things work out." –John Wooden
“For the great doesn’t happen through impulse alone, and is a succession of little things that are brought together.” —Vincent van Gogh
good tuturial
Excellent video and information. Thank you for helping to fuel my desire by building my knowledge on the process. Have a great day.