Hema Asked: April 2, 20212021-04-02T19:52:06+05:30 2021-04-02T19:52:06+05:30In: FinanceHow to earn Passive income and which are the best ways to earn Passive income?How to earn Passive income and which are best ways to earn Passive income?income onlinepassive income 1 AnswerVotedOldestRecent Dayana 2021-08-10T22:28:04+05:30Added an answer on August 10, 2021 at 10:28 pm Passive income is the idea of earning money without having to put much effort into it. There are many different ways to earn passive income, some of which include teaching, writing, and even blogging.Best 5 ways to earn Passive income1. You can build your own businessMaking your own job or business into a passive income source will allow you to focus on what you love and have time to enjoy it. In today’s modern world, it is becoming more and more challenging to find a job that gives the freedom and flexibility that people want.2. Stock market tradingStock market trading is one of the most common types of investments that provide passive income. The funds that are used to purchase shares of stock are invested in the company and are not withdrawn until the company pays dividends.3. Renting out propertyIf you have a spare room and some time on your hands, then renting out property could be a great passive income idea for you. You can choose to rent out a property in your area to people who4. You can start a companyStarting a company is a great way to create your own passive income. You don’t need to be an expert in the field to start, you just need some time and a good idea.5. You can launch a web-based service for passive incomeSome ideas that will lead to passive income from your home (or another place)Instacart: Become a personal shopper.eBay: Sell your items on eBay.Fiverr: Become a freelancer and offer a service on Fiverr.Youtube: you can create videos by using your talent.Web-based services can help people earn money passively. They have a wide range of different types of skills in this industry. With the help of these types of organizations, people can create their own products on demand.0Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerLeave an answerCancel reply Featured image Select file Browse Add a Video to describe the problem better. Video type YoutubeVimeoDailymotionFacebook Choose from here the video type. Video ID Put Video ID here: https://www.youtube.com/watch?v=sdUUx5FdySs Ex: "sdUUx5FdySs". Answer Anonymously Save my name, email, and website in this browser for the next time I comment. Related Questions What is one cost of avoiding health insurance? The main focus of NIH's conflict of interest policy is: What is QuickBooks and how much does it cost? What are the important terms in stock market? How do I start investing in the stock market as a beginner? What is the best way to earn money in the stock market? How does the stock market work? Who decides the price of stocks? What is the logic behind the valuation of ... Which is better and why: term or whole life insurance?