1. Start Website
Interested in generating passive income? You need a website. It's THE way to make money while you sleep.
Starting a website with Bluehost takes less than 20 minutes, costs hardly anything and can be done by an 82 year-old.
It only takes a bit of plugging on social media to get your first
visitors, and there are plenty of ways to monetise your site.
Save the Student
is just one example of a successful website, started at university by
Owen Burek in his first year, which has since grown into a full-time and
sizable enterprise.
Read Owen's step-by-step guide on how to start a website in 20 minutes. It's really one of the best assets you can have.
2. Sell your phone
Your used electronic equipment may have value, particularly if it’s recent and in good condition. Check out Gazelle.com. They give you an estimate on your equipment, and the better stuff could fetch some real money.
Similar to eBay, Amazon.com may work better for entertainment media, such as books, music and movies.
Amazon Mechanical Turk is a way that you could earn money and hit it
big through HITs. HITs are Human Intelligent Tasks. There are basically
questions that need an answer. Some tasks cannot be performed by
computers and this is where you come in. Working is also fun because you
choose the task that is of interest to you.The tasks available include
- transcription,
- identification of objects in images or videos
- providing details used in research,
- and more!
3. Freelance
Uber: The hourly pay after expenses varies
from city to city but you can expect to make around $10 an hour. In
larger cities it will often be much more and in smaller cities,
sometimes a little lessThe appeal of Uber is that you can set your own schedule and there is
no commitment. You can work your regular job and make your $100 in just
a few hours on a weekend or some evenings.