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Passive income ideas to help you make money in 2022
Passive income can be a great way to help you generate extra cash flow, whether you’re running an extra side hustle or just trying to make a little extra money each month, especially as inflation rages throughout the economy. Passive income can help you earn more during the good times and tide you over if you suddenly find yourself out of a job, take a voluntary absence from work, or if inflation continues to erode your earning power.
With passive income, you can receive money even while looking for your main job, or if you can build up a solid stream of passive income, you may want to relax a bit. Either way, a passive income gives you additional security.
And if you’re worried about saving enough of your earnings to meet your retirement goals, building wealth through passive income is a strategy that might appeal to you, too.
Passive Income Ideas:
create a course
write an ebook
Flip Retail Products
sell photography online
Buy Crowdfunded Real Estate
create an app
Rent a parking space
A bonus ladder
Sponsored Social Media Posts
Invest in a high-yield CD or savings account
Rent your house short term
Advertising on your car
Create a blog or YouTube channel
Rent useful household items
sell designs online