5 Best Passive Income Ideas in India 2023 to earn money while you sleep

Passive income is such an income that we can earn many times from different option income with very little effort. If we talk about today, more than half of the people in India are generating passive income by using the method of money income such as YouTubers, bloggers, vloggers, social media influencers, etc. In addition to regular income, my side hustle is making passive income.

Due to making, there are many ways in which renting property, investing in a stock or mutual funds, and earning royalty income on books or music, this is also a method of passive income. If you want to generate this type of passive income, then in this article we have told the sources of useful passive income.

Let’s learn the 5 Best Passive Income Ideas in India 2023 to earn money while you sleep

Rental income

Renting a house is a very old and common method in India, but it is still used very enthusiastically for passive income. If you have any such property which you give to the tenant to live in any region, then you can make a good monthly income from that property. And you can also increase that rent annually.

Affiliate Marketing

If you make good use of the internet and social media and can have good knowledge and interest in it, then affiliate marketing is a good source of passive income for you. In this, you have a follower on the Internet or social media, such as your blog on the Internet or followers on YouTube or Facebook page in social media, then you can join affiliate marketing of a company or brand by selling their product to your followers and selling it to that company or You can earn affiliate commission from friend’s side. And this commission, whenever a product is sold through you, then the commission keeps coming to you in the form of passive income.

Create and Sell Digital Products

In digital products, you can create products like photos, music, videos, plugins, templates, etc. If you know how many people buy digital products digitally, then you can earn money by selling them. On whatever platform you upload the digital product, any number of customers can take that product any number of times by downloading the customer from that platform. You have to create any digital product only once and it will keep selling again and again. With which you can make good passive income.

YouTube Channel

In social media, you know how popular YouTube is a video streaming platform that millions of people use to watch videos. So you can create your own YouTube channel here and if you upload videos there, you can earn money by placing ads for any product or company on your YouTube channel with Google Adsense. And this is a good source of passive income. Because the videos you upload are uploaded on the YouTube platform and ads keep running on them and you keep getting money.

Photography & Selling Stock Photos

If you have a camera and you have a lot of interest in photography, then you can make a very good source of passive income from those photos. You can keep earning money from the photos by uploading the stock photos of those photos on the stock photo platforms on the internet, which are taken by photography from the camera. Whenever someone buys this photo, then you keep getting passive income.

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