Before we discuss on this topic, let me explain “What is passive income?”.

Passive income is nothing more than an income, an activity or an occupation that does not demand continuous “active” work and is still capable of generating income.

But, how to generate passive income?

Passive income activities usually involve a great deal of work during the creation process – but, once completed and launched on the market, they can generate stable profits for a long time.

A classic example is an online course: you will spend a few weeks or even months creating the website and material. Then, you won’t have to work that hard anymore and you will continue to profit.

The same is true with a virtual store, with videos and even with eBooks.

With passive income, it is possible to generate money even without working every day – which is why so many entrepreneurs want to know more about the topic.

#1 – Blog

One of the most popular extra income ideas in the world of e-commerce is also one of the oldest: creating a blog.

As difficult as it is to establish a successful blog, space is still one of the best ways to generate passive income – especially if we take into account the use of affiliate links, courses, sponsored posts and more.

If you choose to create a blog, remember that one of the most important factors in the equation is followers and fans, which take the form of traffic to the site; for that reason, immerse yourself in content marketing.

#2 – Stock Market

There is no denying it: those looking for extra income ideas or passive income sources are looking for ways to earn money to, who knows, one day, enjoy a more comfortable life.

However, not everyone has the time or even the aptitude to create an app or develop a personal blog.

For this reason, it may be a good idea to invest in another form of passive income; one that has existed for decades and that is already part of our daily lives: the stock market.

It seems a lie, but the truth is that it is possible to start buying shares even with little money. Just be cautious, follow market trends and, of course, talk to a broker.

#3 – Purchase Of Real Estate

One of the most stable forms of passive monthly income, buying real estate is a safe and reliable investment – although it is not available to most of us.

If you have money saved (or have already joined our previous tip on investing in the stock market) and are wondering how to live on passive income, it may be a good idea to consider buying real estate.

You can, for example, buy an apartment still on the floor plan to later sell or rent it.

Of course, as this is an important decision, you should first talk to a real estate agent and your bank.

#4 – Affiliate Marketing

Affiliate marketing is one of the best solutions for anyone who wants to know how to create passive income – and the best part is that almost all major brands have affiliate programs and they are free to join.

Being an affiliates has extremely low startup costs because you don’t have to worry about logistic, inventory, processing payments, customer service, employees, stock control and etc.

All you need is to get visitors to see the product. As simple as that.

Last but not least, affiliate marketing gives you unlimited income potential. It allows you to make any amounts of income you see fit.