Making digital tutorial videos can be a great source of earning passive income in today’s world. The first blog in the world came out in 1983, even before the term ‘blog’ got coined in 1990! This way of earning a passive income often allows one to pursue their creative side while enhancing their earnings. Blogging can be done from anywhere and at any time and does not require one to commit to dedicated hours. Blogging refers to writing, creating videos, graphics, or any other form of media by oneself online. One of the best passive business ideas in India is blogging. Nowadays, one can start doing affiliate marketing with the help of freely accessible social media platforms like Instagram, WhatsApp, Facebook, etc. And thus, one can begin earning money with affiliate marketing with zero investments. One of the best features of this way of earning a passive income is that it involves no risk factor as there is zero expense to joining this passive income business idea. People get paid each time they add to the company's customer base. It is the performance-based method of earning a passive income which brings in cash each time one advertises a company’s products or services and drives a sale. Interested in learning about technical analysis of the stock market? Check out our course on Technical Analysis.Īnother way of earning a passive income is Affiliate Marketing.
However, investing in these market-linked securities requires one to do a technical analysis of the financial instrument to identify the right investment opportunities and be aware of when one needs to exit from them.
Moreover, by investing in blue-chip stocks and funds, one can easily earn a passive income with the security of their capital. As an investor, one need not monitor their portfolio every day. Investing in the stock market, mutual funds, cryptocurrencies, and ETFs is one of India's best passive income ideas when one chooses to do so with a long-term view. Interested in knowing them? Read on and find out the ways which are perfect for you to earn a passive income: There are several passive income sources in India. All one needs to do is be proactive in identifying these ideas and acting on them in time. What can be more fun than this? Passive income ideas are how one can make their money work for them instead of the other way around. Passive income is the money that one can generate even while sleeping. The famous quote by globally-renowned investor Warren Buffet, “If you don’t make money while you are asleep, you have to work until you die”, sums up the significance of passive income in a line! One must act on them to boost their finances while also sparing time for themselves to enjoy life. The sources for earning a passive income are becoming increasingly popular, not only in India but all around the globe. For most people, it acts as a secondary income and helps improve their finances without requiring them to be actively involved in it. However, one need not make a settlement between these two choices.īut what is Passive Income? Passive income is money generated smoothly without requiring an individual to do extreme work to keep producing extra money. And thus, most individuals have to settle for either a high-demanding or long hours job or a relatively easier job profile with a low salary. What is Passive Income?įinding a decent job with a respectable stipend right after graduation can be a little troublesome in India. So, let’s take a look at India's top 5 passive income ideas. However, one must be smart enough to identify the passive income ideas that require minimal investment or effort. There are various ways in which people can earn passive income. Having a passive income allows one to appreciate one’s wealth without putting in a lot of time and effort. So, if you are already at home, saving time commuting to and from work, why not use that time to generate extra income? This is where ways to earn passive income in India come in handy. According to a recent Pew Research Center Study, which surveyed 5,889 people, 61% of the respondents are working from the comfort of their homes, not because of any restrictions but because they want to.
#BEST SOURCES OF PASSIVE INCOME PROFESSIONAL#
The COVID-19 pandemic has brought a ‘new normal’ to the professional sphere, especially regarding the general public’s preferences for working and earning. Let's Offend: Since you are all set to read about Passive Income, we are assuming that you do have an already well-managed source of active income.