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8 passive income ideas and ways to earn extra money

It’s great to have more than one source of income and earn extra money on top of your regular paycheck. But there are only 24 hours in a day.

Whether you’re trying to save up to renovate your home or want to put some money aside to pay for your kids’ college, you may be looking for ways to earn money passively.

You’re probably wondering what passive income is. Well, long story short, it’s a way to earn money while you sleep! Passive income is money that you earn with little to no effort. Check out all the examples and ideas below!

  1. Rent your house or apartment
    This is the most common way to earn passive income. Whether you are a homeowner who once invested in a house or have an extra room in your apartment – you can earn money fast with apartment sharing platforms like Airbnb

Airbnb is probably one of the most popular hosting platforms out there. One of the best things about Airbnb? You decide what your space costs per night! Rentals can be long or short term, depending on your availability and preferences. Worried about safety? Keep in mind that the Host Guarantee reimburses for damages to suitable hosts up to $1,000,000!

Plus, registering your property is completely free – you need to take care of the cleaning and maintenance of your home. You have nothing to lose, so whynot give itatry?

  1. Rent your car or parking space
    Well, you may have thought about renting out your apartment but… did you know that you can also earn money by rent your parking space or rent your car when you don’t need it? If you have a parking space in Barcelona that you don’t need every day, then you could be earning money thanks to Kerb.

It is very easy to earn money with Kerb. In Barcelona and elsewhere in Spain. Add your parking space, set your rates and detail the availability of your parking space. People interested in your parking space in Barcelona will send you a message. No need to worry about contracts or payments. If your (rarely used) parking space in Barcelona is reserved, you will see the money in your bank account in no time.

  1. Rent your storage space
    Do you have a basement, garage or storage unit that you’re not getting the most out of? Why not
    rent it out to someone who needs it and make money from it? With Spacer you can make money with any space, which means you can rent out your garage, parking space, spare room or basement. New York is a city where your free space is worth a lot of money, take advantage of that and whether it’s in Los Feliz, Bel-Air, or Valley Village, Angelenos will appreciate being able to use your space!

In contrast to many other rental websites, Spacer does not charge you anything for your ad and even when you enter into a contract with a tenant, you don’t have to pay anything. This means that you keep 100% of your earnings, as the commission will be paid by the tenant, but not by you.

  1. Rent your objects
    See how renting is the easiest way to earn passive income? You can rent just about anything these days
    thanks to Zilok. This platform allows you to rent your tools and different items you don’t use to your neighbors. Zilok connects people with tools and different things they don’t use on a daily basis with people who want to rent it for a short period of time – and pay for it.

As you do your annual spring cleaning around your home, you’ve probably discovered many items that you’ve completely forgotten about. It could be holiday items you bought for Halloween 3 years ago, a toolbox you use every now and then for small home repairs, or unused electronic equipment. With Zilok, you can make money on all of it!

  1. Create an online course
    While this one may require a little more work and time, it’s worth it! Udemy allows you to design your course online and share it with millions of students around the world. Udemy is the place to go even if you don’t have professional teaching experience. All you need is experience in the subject you want to teach.

As an instructor for one of the largest online learning marketplaces, you can teach your course from anywhere in the world.

device at any time. This gives you great flexibility to work on the course in your own time. You can teach any subject you have experience in, from math to programming. All you need to get started is the material you need to create high quality videos.

  1. Make friends with a furry friend
    If you’re a true animal lover, this is probably your dream job. Is it possible for you to work as a
    If you work from home and feel a bit lonely during the day, then startpetsittingwithPetBacker to increase your income!

Pet walking and pet sitting are some of the most adorable ways to earn money right now. Many animal lovers are signing up for PetBacker to earn money while doing what they enjoy the most. You’ll receive secure payments and also have access to anytime support and access to training and certifications. The best part? It’s so easy to get started! However, some companies, like PetBacker require you to review your profile before you can get started.

  1. License your photos
    Are you a creative mind who enjoys taking pictures in your spare time? Do you have lots and lots of landscape and landscape photos? panoramic views saved on your hard drive? Now you could be earning money easily by licensing those photos. This
    can be an excellent form of passive income if you are interested in photography and take lots and lots of good quality photographs in your spare time. However, it can take some effort to get started and learn about the different ways to license your work.

Before you start collecting your money, you’ll need to decide which type of license is best for you – whether it’s a commercial rights, non-commercial rights or a single-use license. And of course, find the best platform to share your photos. There are many sites like iStockPhoto or Flickr. Google will be your best friend when you start. Spend some time doing your research and choosing the platform that best suits your needs.

You can also try platforms like Byrd, to become a freelance photographer.

Sell your stuff online
Whether you’re cleaning out your closet and want to get rid of some clothes you don’t wear anymore or you’re an avid closet cleaner, you’ll be able to get rid of some of your old clothes. creative person who is excellent at making DIY decorations and handmade jewelry – there are many options to earn
money by selling your items online.

Vinted, is the platform to go to if you want to sort your wardrobe and earn money at the same time. You will sell all your used clothes in a few easy steps and without fees. You’ll ship the sold items to their new homes and get paid instantly. Note that Vinted also provides a prepaid shipping label.

If you have a knack for handmade items, you’ll love Etsy. If you’re good at painting, knitting or have handmade items, you can start your shop and make money from your creativity. Keep in mind that all items on Etsy must be handmade, vintage or craft supplies.

What do you think of these ideas? Give them a try! Join AppJobs today.

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