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The good thing is, once you’re done creating the designs, you can sell them indefinitely on popular marketplaces like Amazon, eBay, Fiverr, as well as on your own ecommerce website if you have one. You stand to sell more if you have 50 different designs than if you only have one. You may also have to create multiple pieces to give users options. Just make sure it’s something that people actually need. It can be a piece of art (like a painting), greetings card, workout routine, song, eBook, or even template for a resume. Once she was able to learn trending keywords and make her digital downloads, she has since begun making approximately $900 a month in extra income after a couple hours of creative work!Īs you would imagine, the biggest challenge with this idea is that you actually have to spend time, skill and effort in creating products. Passive income Reddit user u/Shayon17 states that digital downloads has been highly successful for her after learning the ins and outs of SEO.

Beginner passive income download#

Once you have created your blank templates, download them to your computer before adding them to your Etsy account for people to purchase.

Beginner passive income free#

Therefore, to make extra income passively, all you have to do is create aesthetically pleasing templates using the free website Canva. User u/Shaynon17 explains how he, together with his wife, started creating and selling digital downloads on Etsy. If you don’t mind putting in some extra work initially and then freewheeling later on, then you can consider creating and selling digital products. A lot of people online are looking for downloadable digital art, journals, worksheets, and other templates. Sell digital productsĪnother way to make some extra money is to start an online business selling digital downloads on Etsy. A good example is adding Amazon affiliate links on your blog or site in exchange for referral income.

This essentially involves you promoting a third party’s products on your website for a fee.

Beginner passive income update#

But once you start getting consistent traffic, you can simply update the main page once every other week and the site will be good to bring in more money.Ĭonsider throwing in affiliate marketing to increase your passive income streams from a single website. This includes its development and search engine optimization (SEO). Whether it’s a blog or niche site, you can earn up to $5,000 per month in passive income just by monetizing it with an ad network like Google AdSense.Īs Reddit user u/broke7 explains, you’ll need to put in some work in the initial stages of the website. Setting up your own website is one way of putting some extra dollars in your bank account with little effort.

Beginner passive income how to#

Our team sieved through the discussions and compiled this list of 16 passive income ideas on reddit for beginners to help you find out how to make money online. The r/Passive_Income is one of many subreddits that is packed with brilliant passive income ideas that can help you make money while still retaining your regular job. The big question is, where can you get practical and productive passive income ideas? One source that springs to mind is Reddit. Therefore, if you want to make extra income on the side with the hopes of one day becoming richer, then it’s never too late to start. In fact, some of the most successful businesspeople and millionaires have at least seven streams of income. It can also serve as a backup plan in case your employment ends, or if you quit your regular job. You can use the extra cash from your passive income streams to save for a house, buy a car, or even plan for retirement. In that regard, it’s up there with the best side hustles and freelance gigs. Who wouldn’t want to make extra money on the side just because they can? Whatever the case, passive income allows money to flow into your account as you focus on your primary job. Such cash can boost your regular stipend when things are good and also see you through periods of low income. Having passive income is a great way of putting more money in your pocket and to achieve financial independence down the line.