9 Ways To Earn Passive Income You Need To Know
How to make side income while working a 9–5 job.

You see athletes and movie stars in commercials promoting a product, and they make a second or third income. Who says you can’t do the same? You may not make commercials but you could do other things to earn money. There is no better time to create another source of income through passive income.
If you currently work a full-time job, having passive income comes to you without a lot of effort. Of course, you need to set up the systems for passive income.
Before going any further, let’s explain passive income to make sure you understand.
Passive Income is earnings derived from a rental property, limited partnership, or other enterprise in which a person is not actively involved. Investopedia
9 Sources of Passive Income
Real Estate Investing
If you played Monopoly, this is the same except in real life. The idea is to buy a property, single-family home to commercial property, and rent out the rooms to earn Passive Income. A lot of work is required to set this up but it is possible.
Writing
You could write for Medium and make Passive Income. The pay varies but you can make a little or a lot.
Make videos on YouTube
If you reach 4000 hours of watch time by viewers in 365 days and 1000 subscribers, you get Passive Income by YouTube’s partnership program.
Dividend Stock Investing
You invest in dividend stocks and receive Passive Income. Not all stocks pay dividends so you need to make sure the stock you pick, pays a dividend.
Affiliate Marketing
You sell products on behalf of a company to make Passive Income. In most cases, you wouldn’t sell the products face to face but usually over a website or blog.
Network Marketing
Making passive income is possible through Network Marketing or Multi-Level Marketing. You would get people on your team to buy products from you to earn Passive Income.
Dropshipping
Some people buy products without ever touching it. You buy items at low priced items and sell them to make a profit. You never touch the item and make Passive Income.
Fulfillment By Amazon (FBA)
This is similar to dropshipping except you have items you send to Amazon where customers buy directly. In some cases, you need an item you design or buy a large quantity to sell for Passive Income.
Retail Arbitrage
This system requires you to find items for a low price to sell at a higher price for Passive Income.
Tom Handy is a top Writing, Finance, Investment, and Bitcoin writer on Medium, and the father of two kids. He retired from the Army and sits on several non-profit boards. You can find him on Twitter @tomhandy1.
