Making passive income online means earning money with little ongoing effort after the initial setup. It’s a popular way to boost your finances and build long-term wealth. Here are some common methods:
- Affiliate Marketing: Promote products or services and earn commissions from sales made through your unique links.
- Creating Digital Products: Sell ebooks, courses, or printables that customers can buy anytime.
- Investing in Dividend Stocks or Cryptocurrency: Generate income through dividends or interest paid to you automatically.
- Rental Income from Websites or Apps: Build a website or app that earns money through ads or subscriptions.
Starting may require time and effort, but once set up, these streams can create income with minimal day-to-day involvement. The key is to research, pick a method that suits your skills, and remain patient as your income grows.