Passive income is a form of income that requires little to no effort to maintain or generate. It is a popular way to supplement one’s income or even replace a full-time job. However, many people believe that generating passive income requires a significant investment of time or money. But, this is not necessarily the case. In this blog, we’ll explore various ways to make passive income with no money.
Online surveys are an excellent way to earn passive income with no money. There are various survey websites that pay users to take surveys. These surveys can range from topics such as consumer behavior to political opinions. You can make up to ₹150 on a survey through this method. While this may not seem like a lot of money, it can add up over time. Plus, it requires no investment other than your time.
Affiliate marketing is another excellent way to make passive income with no money. In affiliate marketing, you promote other people’s products or services and earn a commission on each sale. To get started with affiliate marketing, you can join an affiliate programme. Once you join a programme, you can start promoting products on your blog, social media accounts, or website. When someone clicks on your affiliate link and makes a purchase, you earn a commission. This is an excellent way to earn passive income as the only investment required is time.
Online content creation
Creating online content such as blogs, YouTube videos, or podcasts is an excellent way to make passive income. Once you create content, you can monetise it through various methods such as ads, sponsorships, or affiliate marketing. For example, if you create a YouTube channel and attract a large following, you can monetise your channel through ads or sponsorships. While creating content may require some initial investment in terms of time, it can pay off in the long run as it continues to generate passive income.
Rent out your space
If you have a spare room or an extra parking space, you can rent it out to generate passive income. This is an excellent way to make passive income as it requires no investment other than your existing property.
Rent out your belongings
In addition to renting out your space, you can also rent out your belongings. For example, you can rent out your camera equipment, musical instruments, or power tools. This is a good way to make passive income with no money as it requires no investment other than your existing belongings.
Create an online course
If you have expertise in a particular subject, you can create an online course and sell it on your website. Once you create a course, it can generate passive income as people continue to purchase it. While creating a course may require some initial investment in terms of time, it can pay off in the long run as it continues to generate passive income.
Sell digital products
If you have graphic design or programming skills, you can create digital products such as e-books, templates, or software and sell them online. Once you create a digital product, it can generate passive income as people continue to purchase it. While creating a digital product may require some upfront time investment, it can pay off later by continuing to generate passive income.
Some forms of passive income activity like affiliate marketing, online content creation and creating an online course may benefit greatly from a business website. If you are interested in getting a business website to aid your passive income activity, download the Boost 360 app.
With Boost 360 you can create a website in minutes, promote your business online, sell your products and services, and do much more.