Passive income requires upfront work but generates money while you sleep. Build multiple streams for financial security.
Dividend Investing
Buy dividend-paying stocks and receive quarterly payments. Reinvest dividends for compound growth. Start with dividend ETFs for diversification.
Passive Income Ideas:
- • Dividend stocks and ETFs
- • Rental property income
- • Peer-to-peer lending
- • High-yield savings accounts
- • Affiliate marketing
- • Digital products and courses
Rental Income
Rental properties provide monthly cash flow. Account for maintenance, taxes, insurance, and vacancies. Aim for 8-12% annual returns.