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50 passive income ideas (Follow Warren Buffet!)

By Author Chhavi Agarwal

Passive income ideas

Looking for passive income ideas? You’re at the right place.

When someone talks about make money passively, I remember Warren Buffet’s ““If you don’t find a way to make money while you sleep, you will work until you die.”

That just fits right in today’s world.

The post includes affiliate links.

Want to make money quickly? Here are a few platforms to earn up to $25 – $50 in a few minutes!

50 Passive Income Ideas To Make Money While You Sleep

Making money passively is important because it gives you more time to do the things you love and increases your earning potential.

It’s a great way to boost your income and achieve financial independence. There are many ways to make money passively, but not all of them are created equal.

Some methods are easier than others, and some will require more effort on your part.

But if you’re willing to put in the work, you can make a decent income from any of these methods. Now, lets get started.

Benefits of passive income:

There are many benefits of passive income. The most obvious benefit is that it gives you more time to do the things you love.

If you’re able to make enough money to support yourself, you can quit your day job and spend more time doing the things you love. This could include traveling, starting a business, or simply spending more time with your family and friends.

Another great benefit of making money passively is that it allows you to diversify your income streams. This is important because it helps to protect you in case one of your income sources dries up.

For example, let’s say you have a job that pays $50,000 per year. If you suddenly lose your job, you’ll be in a tough spot because all of your income will disappear.

But if you have multiple income streams, you’ll still have money coming in even if one of them dries up. This can help you weather tough times and keep your head above water financially.

Finally, making money while you sleep is a great way to achieve financial independence. If you’re able to make enough money to support yourself without working, you’ll be able to live a life of complete freedom.

You’ll be able to do whatever you want, whenever you want, and you’ll never have to worry about money again. This is the ultimate goal for many people, and it’s something that’s well within your reach if you’re willing to put in the work.

Now that we’ve gone over some of the benefits of passive income, let’s take a look at some of the best ways to do it.

Passive Income Ideas – Top Recommendations

#1 Start a blog

Anyone with a computer and an internet connection can start a blog, but there is a steep learning curve in the beginning.

Bloggers need to be active in promoting their site, building an audience and learning various important concepts like SEO, but over time, the blog becomes more and more passive.

There are multiple ways to monetize a blog, including ads, affiliate marketing, sponsorship, selling digital products and services.

Some of the most popular bloggers make millions of dollars per year from their sites. Whether or not you reach there, you can definitely (and, easily) make $1000-5000/mo.

  1. Passive Income Ideas
  2. You can make more than just a full time income with blogging. You can make a full time income and beyond with blogging
  3. It’s not that hard to get started.
  4. You can start a blog for less than $100
  5. Can be done part time

Pros of blogging

Cons of blogging

  1. It does take some work in the beginning (but it gets easier over time)
  2. You need to be consistent and it can take long
  3. It can take a few months to start making money

Step 1: Choose your blogging platform

There are many different blogging platforms out there, but the most popular ones are WordPress and Blogger.

I recommend WordPress because it’s more flexible and easier to use than Blogger. It also has more features and better support.

If you want to start a blog on WordPress, here’s a quick and easy guide.

Step 2: Choose your domain name and hosting

Your domain name is the address of your blog (www.example.com). You can buy a domain name from a registrar like Bluehost.

Hosting is where your website lives on the internet. It’s important to choose a good hosting company because it can affect the speed and uptime of your website. I recommend Bluehost for your first year.

Step 3: Install WordPress

Bluehost will automatically install WordPress for you, but if you want to do it yourself, here’s a quick guide.

Step 4: Choose a WordPress theme

A WordPress theme is the design of your website. There are thousands of free and paid WordPress themes available.

I recommend choosing a theme from ThemeForest because they have a large selection of high-quality themes. Once you find a theme you like, install it on your WordPress site.

Step 5: Install plugins

Plugins are like apps for your WordPress site. They add features and functionality.

There are thousands of free and paid plugins available. I recommend starting with these essential WordPress plugins.

Step 6: Write content

Your blog should be about something you’re passionate about. It could be anything from cooking to technology to personal finance.

Once you’ve chosen a topic, start writing helpful, informative and engaging content.

Step 7: Promote your blog

The final step is to promote your blog and build an audience. There are many ways to do this, but some of the most effective are through social media, guest blogging and search engine optimization.

For more tips on promoting your blog, check out this post.

Want to be a $100K blog? Check these courses out

Starting a website and designing it is not a difficult and tech-heavy task. You can simply get started for as little as $3.95 per month

Ready Set Blog for traffic – It is an EXTREMELY underpriced course on how to make money with a blog for beginners. It tells you how to set up your blog, use Pinterest and implement SEO strategies. Using her tips, I have been able to rank on page 1 of Google. You can read my first income report here.

Stupid Simple SEO (FREE COURSE) – It is the best investment I have made in the blog land. Take Mike’s course, apply it on your blog and you can see the results pouring it. Read detailed review here.

FREE SEO lessons (video) – If you’re looking for video classes on SEO, you cannot miss out what Lena has to tell you.

Pinteresting Strategies – This is an affordable course that tells you how to use (and, how NOT to use) Pinterest to drive traffic. Using this, I have been able to get a 200% increase in traffic within 2 months.

Affiliate marketing for bloggers – The ONLY resource I have used, which taught me everything required. I also understood a lot of things that I were doing wrong and could have been dinged by Google. Thank god!

Sell Digital Products

If you’re an expert in a particular topic, you can make money by selling digital products that teach your audience what you know.

There are a number of different formats you can choose from, including ebooks, courses, webinars, and group coaching. You can also sell printables, which are often popular with people who want to learn a specific skill or craft.

The key is to find out what your audience wants to learn from you, and then create content that meets their needs. With a little effort, you can easily build a thriving business selling digital products.

I recommend you start with this – it not only helos you create the right product, lead magnet but also teaches you how to sell. All in one.

Pros of selling digital products

  1. Can be automated and outsourced
  2. You can make a lot of money with digital products
  3. You can reach a global audience with digital products

Cons of selling digital products

  1. It takes time to create a quality product
  2. You need to build an audience before you can sell
  3. You might have the best product, but you might not be able to sell if you don’t have an audience and strategy

Learn how to create the best products and sell them too

Affiliate Marketing

Affiliate marketing is a type of performance-based marketing in which a business rewards an affiliate for each visitor or customer brought by the affiliate’s own marketing efforts.

If you have a blog or website, you can sign up for affiliate programs and earn commission from sales of products you recommend to your audience.

To find affiliate programs, you can search for affiliate networks like ShareASale or Clickbank, or contact companies directly and ask if they have an affiliate program.

If you don’t have a blog or website, you can still participate in affiliate marketing by becoming an influencer on social media (like Instagram, Pinterest and even YouTube). Find a company you love and start promoting their products to your followers.

I recommend you start learning affiliate marketing from here.

Affiliate marketing for bloggers – The ONLY resource I have used, which taught me everything required. I also understood a lot of things that I were doing wrong and could have been dinged by Google. Thank god!

Pros of affiliate marketing:

  • You can make a lot of money with affiliate marketing
  • It’s relatively easy to get started
  • There are many different products you can promote

Cons of affiliate marketing

  • You need to build an audience before you can start making money
  • It can take time to find the right products to promote
  • You need to be consistent with your marketing efforts to see results

Sell on Etsy

Etsy is a marketplace where people around the world connect to buy and sell unique goods, like selling coloring pages.

If you’re a maker, artist or creative entrepreneur, you can start selling on Etsy. All you need is some creativity and a little bit of time to get started.

To get started, sign up for an Etsy account and create your shop. Then, start adding listings for the products you want to sell.

Once your listings are live, start promoting your Etsy shop to your audience. The best way to promote Etsy products is SEO and paid listings.

I recommend you start by reading this guide on how to sell on Etsy.

Pros of selling on Etsy

  • It’s easy to get started
  • You can reach a global audience
  • Etsy takes care of the payment processing for you

Cons of selling on Etsy

  • It can take time to create quality listings
  • You need to promote your shop to get sales
  • You have to pay fees to Etsy for each sale you make

Passive Income Ideas – Online Side Hustles

Start YouTube Channel

YouTube is a video sharing platform where users can upload, view, and share videos.

You can make money on YouTube by creating and publishing videos that your audience will enjoy. To get started, you’ll need to create a YouTube channel and start uploading videos.

To make money from your YouTube channel, you can join the YouTube Partner Program and start earning money from ads. For this purpose, you need 1000 subscribers and 4000 watch hours.

You can also sell products or services, or work with brands as an affiliate.

Pros of starting a YouTube channel

  • You can make a lot of money with YouTube
  • It’s easy to get started
  • You can reach a global audience

Cons of starting a YouTube channel

  • It can take time to grow your channel
  • You need to produce high-quality videos
  • You need to be consistent with your uploads

Start a Podcast

Podcasting is a great way to build an audience and make money while you sleep.

A podcast is a series of digital audio. You can create a podcast about any topic that you’re passionate about or are an expert in.

To get started, you’ll need to create a podcast episode and submit it to iTunes or any other podcasting platform. Once your podcast is live, you can start promoting it to your audience.

You can make money from your podcast by selling advertising, sponsorships, or products and services.

Pros of starting a podcast

  • You can make a lot of money with podcasting
  • It’s relatively easy to get started
  • You can reach a global audience

Cons of starting a podcast

  • It can take time to grow your audience
  • You need to produce high-quality content
  • You need to be consistent with your uploads

Dropshipping

Dropshipping is a way to sell products without having to keep any inventory. When someone orders a product from your shop, you simply order it from a supplier and have it shipped directly to the customer.

This is a great way to start a business without needing to invest in any inventory upfront.

To get started with dropshipping, you’ll need to find a supplier and create a shop. You can use Shopify or any other eCommerce platform to create your shop. Once your shop is live, start promoting it to your audience.

You can make money from dropshipping by charging a higher price for the products you sell. I recommend you start by reading this guide on how to start a dropshipping business.

Pros of dropshipping

  • You don’t need to invest in any inventory upfront
  • It’s easy to get started
  • There are low barriers to entry

cons of dropshipping

  • You have less control over the products you sell
  • The margins can be low
  • You need to find a good and trustworthy supplier

Amazon FBA

Amazon FBA is a way to sell products on Amazon without having to worry about shipping or customer service. When someone orders a product from your shop, Amazon will take care of the shipping and customer service for you.

To get started with Amazon FBA, you’ll need to find a supplier and create a shop. You can use Amazon’s marketplace to create your shop. Once your shop is live, start promoting it to your audience.

You can make money from Amazon FBA by charging a higher price for the products you sell. I recommend you start by reading this guide on how to start an Amazon FBA business.

Pros of Amazon FBA

  • You don’t need to worry about shipping or customer service
  • It’s easy to get started

Cons of Amazon FBA

  • It can be an expensive affair

Digital Print on Demand

Print on demand is a way to sell products without having to worry about inventory or shipping. When someone orders a product from your shop, the product will be printed and shipped directly to the customer.

All you need to do is create an account with print of demand sites, upload your designs and start selling. The most popular print on demand site is Merch by Amazon and Printify.

Pros of Print on Demand

  • All you need to do is create designs
  • Quick setup

Cons of Print on Demand

  • You need to be creative
  • Design stuff that has no copyright violation

Flip items on ebay or thrift stores

You can make money by flipping items that you find at thrift stores or garage sales.

To get started, you’ll need to find a good item to flip and list it on eBay. Once your item sells, you can ship it to the buyer and pocket the profits.

Sign up for their FREE workshop on how to flip things and make money online

Pros of flipping items

Cons of flipping items

  • It can take time to find a good item to flip
  • You need to be knowledgeable about the items you’re flipping
  • You need to be good at taking pictures and writing descriptions

Flip Websites for profit

You can make money by flipping websites. To get started, you’ll need to find a website that you can buy for a low price and then sell it for a higher price.

Once you find a website, you’ll need to list it for sale on a marketplace like Flippa. Once your website sells, you can transfer everything to the buyer and pocket the profits.

Pros of flipping websites

  • You can make a lot of money if you find the right website
  • It’s relatively easy to get started

Cons of flipping websites

  • It can take time to find a good website to flip
  • You need to be knowledgeable about the websites you’re flipping
  • You need to understand whether or not people would be interested in it

Passive Income Ideas – Rental Income

Rent out a room on Airbnb

Airbnb is a platform that lets you rent out your home to travelers. You can list a room, an entire apartment, or even a house on Airbnb.

To get started, create an account and list your space. Once your listing is live, start promoting it to your audience. You can make money from Airbnb by charging a nightly rate for your rental.

Pros of Airbnb

  • You can make a lot of money
  • It’s easy to get started

Cons of Airbnb

  • You need to have a good location
  • You need to be a good host

Rent out your car on Turo

Turo is a platform that lets you rent out your car to travelers. You can list your car on Turo and start making money from it.

To get started, create an account and list your car. Once your listing is live, start promoting it to your audience. You can make money from Turo by charging a daily or hourly rate for your rental.

Pros of Turo

  • You can make a lot of money
  • It’s easy to get started
  • Insurance is covered

Cons of Turo

  • You need to have a good car
  • You still need to understand and be careful

Rent out your backyard, tree house, land on Glamping Hub

Glamping Hub is a platform that lets you rent out your backyard, land etc to campers. You can list your backyard on Glamping Hub and start making money from it.

To get started, create an account and list your backyard. Once your listing is live, start promoting it to your audience. You can make money from Glamping Hub by charging a daily or hourly rate for your rental.

Pros of Glamping Hub

  • You can make a lot of money
  • It’s easy to get started
  • You don’t need much to get started

Cons of Glamping Hub

  • You need to have a good location
  • You need to be a good host
  • You need to provide amenities

Rent out your home for weddings and photoshoots on Peerspace

Peerspace is a platform that lets you rent out your home for weddings, photoshoots, and other events. You can list your home on Peerspace and start making money from it.

To get started, create an account and list your home. Once your listing is live, start promoting it to your audience. You can make money from Peerspace by charging a daily or hourly rate for your rental.

Pros of Peerspace

  • You can make a lot of money
  • It’s easy to get started
  • You don’t need much to get started

Cons of Peerspace

  • You need to have a good location
  • You need to be a good host
  • You need to provide amenities

Rent out your home for corporate events on Splacer

Splacer is a platform that lets you rent out your home for corporate events. You can list your home on Splacer and start making money from it.

To get started, create an account and list your home. Once your listing is live, start promoting it to your audience. You can make money from Splacer by charging a daily or hourly rate for your rental.

Pros of Splacer

  • You can make a lot of money
  • It’s easy to get started
  • You don’t need much to get started

Cons of Splacer

  • You need to have a good location
  • You need to be a good host

Passive Income Ideas – Others

Stock Market Investments

You can money passively by investing in the stock market. You can buy stocks, mutual funds, and ETFs and hold them for the long term.

Over time, your investments will grow.

To get started, open a brokerage account and start investing. You can use a platform like Acorns to help you invest.

Pros of stock market investments

  • You can make a lot of money
  • It’s easy to get started
  • You can start with a small amount of money

Cons of stock market investments

  • You need to have a long-term time horizon
  • You need to be comfortable with risk

Peer-to-peer lending

Peer-to-peer lending is a way to make money by lending money to others. You can lend money through platforms like Lending Club and Prosper.

To get started, create an account and start lending. You will earn interest on your loans

Pros of peer-to-peer lending

  • You can make a lot of money
  • It’s easy to get started
  • You can start with a small amount of money

Cons of peer-to-peer lending

  • You need to have a long-term time horizon
  • You need to be comfortable with risk

Cryptocurrency investments

Cryptocurrency investments are a way for passive income. You can buy Bitcoin, Ethereum, and other cryptocurrencies and hold them for the long term.

To get started, open a brokerage account and start investing. You can use a platform like Coinbase to help you invest.

Pros of cryptocurrency investments

  • You can make a lot of money
  • It’s easy to get started
  • You can start with a small amount of money

Cons of cryptocurrency investments

  • You need to have a long-term time horizon
  • You need to be comfortable with risk
  • It is a little difficult to understand

Passive Income Ideas – App to make money

Harris Poll

Harris Poll is an app that lets you make money while you sleep. You can take surveys, answer questions, watch videos and more.

To get started, sign up for it and start completing small tasks. You will earn points for every task that you complete as directed.

Swagbucks

Swagbucks is an app that lets you make money while you sleep. You can take surveys, answer questions, watch videos and more.

To get started, sign up for Swagbucks and start shopping. You will earn cash back on your purchases.

Freecash

Freecash is an app that lets you make money passively. You can take surveys, answer questions, watch videos and more.

If you earn some money, you can withdraw it instantly through PayPal, cryptos (Bitcoin, Ethereum, Litecoin, DOGE), bank transfers, and gift cards (Amazon, Google Play, AppStore, Netflix, Spotify, Zalando, Steam, Playstation Store, Xbox Live and others) and many more. Gamers should be happy also – they can withdraw CSGO skins and gift cards for Fortnite, Roblox, League of Legends, and Valorant.

To get started, sign up for Freecash and start completing small tasks. You will earn points for every task that you complete as directed and make passive income.

Survey Junkie

With Survey Junkie, you will complete easy tasks to earn cash and rewards. For example, fun surveys, watching videos, participating in polls etc.

You can earn points that can be easily be redeemed. Payment is made in cash via Paypal.

You can request your payment once you have earned $5.

To get started, sign up for Survey Junkie and start completing surveys. You will earn points for every survey that you complete as directed.

But, you might ask how do you make money passively with these survey apps? This is active participation.

Well, most of these get paid to apps have a referral program. That means, if you refer your friends, and they sign up using your referral link, you earn a commission. For example, with Swagbucks, you earn from referral program in two ways

  • One to refer someone to join, and
  • You get about 10% of earnings of your referral for lifetime (yes!)

Sweatcoin

The Sweatcoin app pays you to walk. You can earn points for every step that you take and redeem them for rewards.

To get started, download the Sweatcoin app and start walking. You will earn points for every step that you take

Other apps to make money are:

Passive Income Ideas – Quite Literally

Get Paid To Sleep By NASA

Most people would jump at the opportunity to get paid to sleep for two months.

But for those who are interested in space travel, participating in a NASA bed rest study might be the perfect way to earn some extra cash. 

During the study, volunteers spend up to 70 days lying in a bed with a six-degree head-down tilt. This simulates the weightlessness of space and allows scientists to study how the body adapts to microgravity. Participants are required to eat, exercise, and even shower in the head-down position. 

While it may not sound like the most glamorous way to spend two months, participants can earn up to $18,000 for their time.

So if you’re looking for an out-of-this-world way to make some money, NASA’s bed rest studies might be just what you’re looking for.

Read more here.

Become a Sleep Intern

In our ever-connected world, a good night’s sleep is often hard to come by. Between work, family, and social obligations, it can be tough to find time to just relax and let the stresses of the day melt away.

That’s where the Sleep Internship comes in. As a Sleep Intern, your only responsibility is to sleep—for 9 hours a night, every night, for 100 nights.

In return, you’ll receive a handsome sum that can be used to pay down debt, fund a vacation, or simply save for a rainy day.

So if you’re looking for an easy way to make some extra cash, this could be the perfect gig for you. Sign up today and sweet dreams will be on their way.

Right now, you can apply to become a sleep intern with WakeFit:

You will be required to:

  • Sleep for 9 hours every night, for 100 nights.
  • Compete with other applicants to be the Sleep Champion of India.
  • Be engaged throughout the internship, taking part in challenges thrown your way.
  • Track your sleep every night.

Conclusion: Passive Income Ideas

There are many passive income ideas. Whether it’s through online surveys, becoming a sleep intern, or participating in NASA’s bed rest studies, there are opportunities out there for everyone.

So if you’re looking for an easy way to make some extra cash, be sure to explore all of your options. With a little effort, you could be on your way to earning money while you sleep in no time.

Hi buttercup, thank you for stopping by. We’re Chhavi & Amit.

We’re a couple who quit our high paying jobs as a lawyer and an engineer to start hustling online. Now we’re full time bloggers and YouTubers. We have been featured on Wealth of Geeks, Hello Sensible, Savoteur, Play Louder, A Dime Saved, Forbes, Business Insider, Readers Digest, CEO Blog Nation, Starter Story, Yahoo! Finance, MSN, BankRate and so much more.

MSN Bylined Writer

Say a hi here.

Passive Income Ideas