What is Passive Income?
Most people start making money on their blogs by writing sponsored articles. But usually this is poorly paid, takes up a lot of your precious time and may require some ethical dilemmas such as ‘should you accept payment for do-follow links?’ (Goggle may penalise you for this!)
For these reasons, I choose to make my income passively and I very rarely work with brands.
Passive income requires some work up front but the financial rewards will keep coming. Even when you are asleep, you may be earning money from the work you did last week, last month or even last year!
The following are just some ways you can earn passive income…
- Affiliate marketing
- Selling non-digital products via a 3rd party