There are various ways to get income every month to be able to meet daily needs, ranging from looking for side jobs to passive income.
In contrast to side jobs that require more time and energy to do, passive income is passive income that can be obtained even when you are asleep. So, the concept is money keeps working, not you keep working.
Besides being able to increase your income every month, by having passive income, you can achieve financial independence and can save more for future needs. Then, how to get passive income only from home? For those of you who are looking for passive income ideas, see the information in the following article.
10 Ways to Get Passive Income
There are various things you can do to get passive income. One of them is to try one or two of the options below.
1. Become an Affiliate Marketer
The first way to get a passive income is to become part of affiliate marketing. Affiliate marketing is one of the strategies used to make money online. It works by promoting a product from a third party on several social media accounts or other online platforms that you have. If the product you offer is sold or sold, a third party will give a commission from the product sold.
Becoming an affiliate marketer is also fairly easy, first, you must register with the company/third party you choose. You will get a special link to promote products/services from third parties that are ready to be distributed by you as an affiliate. The advantages of this business are that it is easy, does not require capital, can be done at a flexible time and place, and can sell a variety of products from various third parties.
Although there are many advantages, this business also requires effort and a good marketing strategy so that the income obtained is even greater, because the amount of income is determined by the amount of commission and the number of product sales from the links you distribute to buyers.
2. Create an Ebook
The next one for how to get a passive income is to sell information products in the form of ebooks. Ebook itself doesn't have to always be about science, you can write fiction and non-fiction stories that have benefits for readers. You can choose the topics you want to write about and the publication media that can help you earn money from the work you create.
In order to meet the expectations of readers, be sure to do research on hot topics or knowledge that other internet users are looking for.
3. Selling Photos
The development of technology as it is today has made some companies switch to using social media as a promotional medium. In making promotional materials, some companies do not always use pictures taken with their own cameras, such as choosing to subscribe to photography sites in order to get some pictures that can be edited/edited again for information dissemination or promotion purposes.
For those of you who have a hobby and like the world of photography, you can take advantage of the photography site by becoming a contributor in it. After signing up, you can get a quote for the cost of each photo sold. The more photos sold, the more money you will get from this method of getting passive income. You can sell photos on several photography sites to earn money from various sources. To be interesting, don't forget to take pictures with good technique and make several photo choices.
Image Source: Pexels/Antoni Shkraba
4. Opening an Online Course
With the advancement of the internet, carrying out knowledge or learning can be done anywhere and anytime, including through the internet. If you have expertise in a field, you can create an online course. Apart from earning extra money, you can also hone your skills and expertise. You can provide online courses in the form of videos or webinars. Make sure the topics and knowledge shared are discussed in depth considering the many videos or materials that are shared for free on social media.
5. Youtube Monetization
Not only accounts or channels with a large number of followers/subscribers can make money, but you can also start monetizing a Youtube account as a way to get passive income. You can register for Youtube AdSense. Then Youtube AdSense will provide requirements that must be met. If these requirements are met, then you can earn money if there are ads that appear on the content or videos you upload. If the ad is clicked or watched until it runs out, you will get a profit afterward.
Not only Youtube monetization, but you can also earn money from Youtube by selling merchandise or products that appear at the beginning or end of the video. If there are viewers who are interested, then there is a possibility that the audience will buy the product you are selling.
6. Creating Ads on Blogs
You can earn money from every content or blog post that you have created. Similar to Youtube monetization, you can link Google AdSense with the blog you create. If there are readers who visit your blog site and click on the ad, you will benefit.
The ads that appear will be adjusted by Google according to your post type. However, how to get passive income in this way requires patience because ads will appear on your site depending on the amount of traffic on your site.
7. Rent Property or Goods
The next is renting out property or goods. That is, to get passive income through this method, you must have the property or goods to be rented first. Property can be a villa, hostel, car rental, camera rental, or other electronic equipment. Some people who are in this business usually need initial capital to buy goods or properties to be rented out. This business is quite lucrative if it is marketed in locations with high demand. However, this business also requires maintenance costs every month so that the quality of the goods/property being rented is maintained.
8. Business Boarding house
Almost the same as the property/goods rental business. This business is a very promising way to get passive income with high-income potential if the boarding room is fully occupied. There are several soft locations that you can try, such as building boarding houses around the office, campus, or areas close to industrial areas.
9. Become a Dropshipper
The next or the ninth option is related to how to get passive income, namely by becoming a drop shipper. Dropshipper is a buying and selling business where you are not directly a seller but a third person who markets products from suppliers or manufacturers. In this business, you only act as a promoter. If there are prospective or interested consumers, you can simply continue the transaction process to the supplier or producer without the need to think about capital, packaging processes, and consumer complaints. If the product offered is sold successfully, you will get a commission from the sale.
10. Investment
The last is to invest. Investments are made to multiply wealth. There are several instruments that you can choose according to the desired timeframe. For long-term investments, you can invest in property, land, and gold. Meanwhile, for short-term and minimal-risk investments, you can use mutual fund instruments. In order to avoid the risk of falling prices, you can take it after a period of 5-10 years.
Those are some ways to get passive income that can be done from home. Some do not use capital at all, thus requiring a large amount of capital. All options depend on your decision. If you have a blog and social media site with high traffic, becoming an affiliate or monetizing ads on social media can be a solution to get passive income.
On the other hand, if you intend to become a boarding house entrepreneur or rent out the property, you need a large amount of capital. But don't worry, you can get business capital by applying for a home certificate guarantee loan at BFI Finance. To submit, click on the following link.
Loan Information Car BPKB Guarantee
Disbursement of funds up to 85% of the value of the vehicle and a tenor of up to 3 years.
Loan Information BPKB Motor Guarantee
Loan funds with a fast process and a maximum tenor of up to 18 months.
Loan Information Home Certificate Guarantee
Low interest starts from 0.9% with a long tenor of up to 48 months.
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