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01 May, 2019

Passive Income Ideas 💡: 10 Ways I Make $1,000 Per Month

In the video, Jeff shared his 10 ways of generating passive income

1) Investment (If you have some money to spare, don't lock it in bank, take note, only spend amount that you can afford to lose because it involve some risk). Investments like dividends from ETF, mutual funds. Also rental income, interest, peer to peer lending, fundrise etc.

2) Affiliates (From blog, YouTube channel, Social Media, etc)

3) Display Ads. If you blog get a decent amount of traffic, you can approach company that have the same niche as you to advertise their product on your blog and you get paid monthly.

4) CPC Ads (Click per Click)

5) Sell leads. If you have too much traffic that you are unable to cope, can consider to sell them away to the same niche industry same as you.

6) Course Sales.

7) Digital Products. E.g. eBooks, Amazon Publishing, Email Instruction Guide, etc

8) YouTube Ads
When you have gained a decent amount of viewers and not so active right now, your earlier 'old' video may be still running with YouTube Ads, thereby generating some passive income for a while.

9 & 10 related. Financial Planning business.

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