Three Ways to Make Passive Income

[Kane]

Passive income is necessary to build your personal wealth and ensure financial security. YOu can create passive income through the following methods:
Investment: You can start investing in stocks or crypto.
Create your own business: You can create an offline or online business.
Create your own product: You can create your own product, for instance, an ebook, digital art, a website etc.

 

[Niyi]

Passive income can be generated through investments such as rental properties, stocks, and bonds.

Starting a business, such as an e-commerce store or dropshipping, can also generate passive income.

Creating and selling digital products, such as e-books or courses, can also be a source of passive income.

Finally, affiliate marketing and sponsored posts on a blog or social media account can also generate passive income.

 

[Salt]

I am thinking about setting up an online business for months now but not sure what business should I start but I will find something very soon because that would help me earn some passive income along with my job.

 

[timewo]

Passive income is necessary to build your personal wealth and ensure financial security. YOu can create passive income through the following methods:
Investment: You can start investing in stocks or crypto.
Create your own business: You can create an offline or online business.
Create your own product: You can create your own product, for instance, an ebook, digital art, a website etc.

In some countries, most people invest their money in bank deposits and company deposits, it is far more lucrative compared to investing in domains at present.

 

[Kane]

In some countries, most people invest their money in bank deposits and company deposits, it is far more lucrative compared to investing in domains at present.

In my country also, fixed deposits in banks bring more profits than actually investing in the market or actual business. I have no idea about profiting from domains because I have never made any domain sale.