13 Income Streams You Can Start Now
So you want to make more money? You want to reach financial freedom fast? How do you that?
Create new income streams!
Multiple income streams is even better. This is how the rich build wealth and you can do it too.
There are passive and active income streams. Passive streams allow you to make money while you are not actively working. Active income streams require you to trade your time for money.
Active is the easiest and fastest way to get started, but passive income is what you’ll need to eventually build to reach financial freedom.
Here are 13 active and passive income stream ideas for you to begin building your own income streams:
Create a course and sell it on Udemy
Buy and hold dividend earning stocks with Robinhood
Sell another persons product through affiliate marketing
Lend money to others through peer to peer lending like Prosper
Google ads on your website
Create a course with Teachable and sell on your own website
Write a book and sell it through Amazon self publishing
Make Youtube videos and receive money for the ads
Buy and hold growing stocks with Robinhood
Buy and rent out a rental property
Invest in real estate passively with a REIT
Create a eBook and sell it on a website
Create a blog and monetize it with ads, affiliate marketing, or even your own products
Sell your own digital or physical creations on Etsy
If you have a professional skill, sell your service on a site like Fiverr
Start an online store with Shopify and resell products with a markup
Sell items you find for cheap at stores, garage sales, or auctions with a markup on Ebay
Rent out a part or your entire house with Airbnb
Drive people with Uber and Lyft
There are tons of way to start building you own passive income! Which once could you start now? What other ideas do you have?