Yes that’s ok to have a job with a 9 to 5 routine but deep down you always want more,more money, more freedom, more flexibility.
Today we will discuss the ideas for passive income so that side by side you can also earn online. And also we are listing the top ideas or ways to earn passive income in 2020.Without getting delay let’s jump into our interest.
What is passive income?
A passive income is a way where you don’t require a lot of active participation but you can work to earn money additionally.
Like you have heard about earning while you are sleeping which really entices the people to get involved in the Passive income.
There are many ways to start your passive income source like Creating Courses, Making videos, Selling books online, Online stores or start selling your own products. After finishing this blog you will find your way to earn passive income . Apart from here you can find many Online Learning Sites .
List Online Passive income idea in 2020
1. Start a Drop shipping Store:- Drop shipping is one of the most profitable passive income sources you’ll find online. The magic in drop shipping is that you build your own business and control how much you charge for the products. In fact, out of all the passive income ideas on the list, drop shipping is the one where you have the most control over your earnings.
2. Run a Blog:- Blogging is the best and easy way of earning passive income for you but it need little bit effort at first. When you setup your website once it so easy to earn a medium for your passive income. You can also find many source inside blogging to earn income like affiliate, creating digital products etc. There are also so many Bloggers in Nepal who generate huge amount of money as a passive income
Instagram is getting so popular for earning passive income these days and also we all have Instagram account now. Its really nice to heard you can earn money from Instagram page. But before jumping into this I need to clear you, you need really a big idea to organize your Instagram page cuz here you can find your competitors like bees in a hive. Nowadays people earning from their skills like photography, Videography, Travelling Blog etc. You can also do these kind of stuff also or create a awesome plan or idea and just deep dive into it.
4.Sell Stock Photos:-You can earn money from your galleries photos. Yes you heard me right we can find many applications online to sell photos online which helps you to earn money.One of the biggest and trustworthy applications is Stutterstock.
5.YouTube Channel:- YouTube channels are always a nice way for passive income. You can do many things in YouTube also to create your passive income source like creating courses, Travel/Food Blog, Music creation, Comedy Videos. If you are able to create a certain number of audience in your page you can earn really well.
Hope you enjoy the information.