Passive income is a great way to earn money without having to actively work for it. Some popular ways to make passive income include investing in rental properties or stocks, starting a blog or YouTube channel and monetizing it through ads or sponsorships, creating and selling digital products such as e-books or online courses, or even renting out a spare room on Airbnb. Passive income streams may require some initial upfront effort to set up, but once established, they can provide a steady stream of income with minimal ongoing effort.
This mind map was published on 9 May 2023 and has been viewed 117 times.