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“Passive Income: Earn Money Without Working with These Creative Methods”

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With these methods, you don’t have to be afraid of an empty account anymore. Thanks to creative products, shares or rentals, you can earn money “passively”.

Money worries – many have them, nobody needs them. Many also ask themselves the question of what happens if you can no longer work or if your pension is not enough later on. Then it helps to have a plan B. Preferably one that doesn’t even require a lot of effort. That’s where passive income comes in.

Make money while you sleep: what is passive income?

As the name suggests, passive income flows passively into the account. This means that you no longer have to actively work for it. Have such an income, for example authorswho write and publish a work once and then, years later, are still generating monthly income from continued sales of the book. Passive income is also a large part of the earnings for actors who have a percentage of the film income or singers whose music rights are owned by Gema and must be purchased again and again for use.

There are many ways to generate passive income online these days. (symbol image) © Imago

Everyone can earn passively: This is how you automatically earn money with your creativity

But you don’t have to be a famous writer or musician to generate passive income. Other creative ones too sideline activities are in some cases completely sufficient to achieve an additional income that automatically ends up in the account.

This includes, for example, photography. Anyone who likes to be out and about with their camera can upload their pictures of nature or buildings to various stock websites and get a share of the sale there for each use of the picture. Audio books are also an option. If you have the right equipment, you can also earn monthly sales shares by producing audio books.

If you can deal with words, you can also write an eBook yourself, upload it to the usual platforms and benefit from the sales. Sometimes an old study or bachelor thesis brings in cash if it is published as an e-book. If the talent is more visual, you can also create designs and upload them to websites where customers will buy them and print them on things like t-shirts or mugs. Here, too, the designer gets a share for each sale.

Stocks and technology: generate passive income in the digital age

If you know your way around the stock market, you can of course also make money with shares. While it doesn’t require any work, it does require a trained eye on the market and the ability to act quickly and invest in the right businesses. The same applies to funds that, while not generating monthly income, can accumulate a profit over a longer period of time without the need for work.

Don’t miss anything: You can find everything to do with careers in the regular careers newsletter from our partner Merkur.de.

If you’re a numbers or IT genius but don’t feel comfortable with stocks, you can also make money with your own computer. Do it like many other entrepreneurs and program a software or app. You can benefit from the sales for a long time.

Passive income through rental: houses, apartments and much more

Probably the most well-known form of passive income: earnings from rentals. If you own an apartment or a house and don’t live in it yourself, you can rent out the property and earn money every month without lifting a finger.

And the principle doesn’t only work for fixed living space. For example, if you own a mobile home, a caravan, a campervan or simply a car that is not used permanently can be rented out via platforms. Private rentals are usually cheaper than offers from large companies, so the customer is happy and you earn a nice extra income without any effort.

2023-05-06 08:16:55
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