If you want to generate a steady stream of money with little effort, passive income is the way to go.

7. Invest in Dividend Stock

A stock portfolio focused on dividends can generate $1,000 per month or more in perpetual passive income

6. Create an Online Course

“Once it’s published, it doesn’t require any additional maintenance from you, and you get paid when people take your class.

5. Sell Printable

Printables are one of the unique side hustles you can start online. These cover a variety of themes, ranging from planners to coloring pages, cards and more.

4. Invest in a High Yield Savings Account

Offering rates upward of 5% compared to an average 0.47% for traditional savings accounts

3. Invest in Real Estate Investment Trust

Another avenue to real estate investing is to do so via REITs, which are essentially mutual funds that buy real estate instead of stocks

2. Start a dropshipping store

You can sign up for Shopify to start dropshipping today. Once you create an online store

1. Affiliate Marketing

Partnering with companies and promoting their products or services through affiliate links on your blog, website or social media platforms