15 Passive Income Ideas 2021

Passive income ideas can be a great way to help you generate extra cash flow, whether you’re running a side hustle or just trying to get a little extra dough each month. Passive income can help you earn more during the good times and tide you over if you suddenly become unemployed or even if you voluntarily take time away from work.

With passive income, you can have money coming in even as you pursue your primary job, or if you’re able to build up a solid stream of passive income, you might want to kick back a little. Either way, a passive income gives you extra security.

And if you’re worried about being able to save enough of your earnings to meet your retirement goals, building wealth through passive income is a strategy that might appeal to you, too.

Passive Income Ideas:

Sell on Amazon
Rent out a room
Create a gaming app
Start an ATM business
Buy a vending machine
Invest in royalty income
Invest in dividend stocks
Buy & hold growth stocks
Invest in rental properties
Automate a Shopify store
Grow a Youtube channel
Promote products as an affiliate
Create your own affiliate program
Save more with high yield savings
Start an influencer IG account

15 passive income ideas for building wealth

If you’re thinking about creating a passive income stream, check out these 15 strategies and learn what it takes to be successful with them, while also understanding the risks associated with each idea.