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22 Passive Income Ideas For Lazy People
We may earn money or products from the companies mentioned in this post, at no additional cost to you.
Passive income is something most people crave, I’ve come to believe. Everybody wants money but not everybody wants to work for it. There are some really SMART ways to generate income passively without much effort in startup phase itself. Keep reading to learn about these 22 passive income ideas perfect for lazy people. Will you have to work? Yes, but you won’t have to work as hard as someone working a 9-5 traditional career!
Free Money with a Total Hands Off Approach
For a true hands-off approach, use Top Cashback! Have you heard of it? It’s something that you use when you are looking at your regular online shopping that you do throughout the course of the year. Access Top Cashback before you start your shopping to earn cash back on your purchases! It really is that easy.
- It’s Free: Since the whole goal is to earn money, this is a huge perk.
- It’s Easy to Join: No one wants to jump through hoops in order to qualify for the benefits of using it, so you’ll be happy to learn that this is straight-forward, simple and quick.
- It’s Legitimate: No shady or nerve-wracking deals here
I’ve earned almost $100 this year using Top Cashback and I’m not even a heavy online shopper, so this is a real thing! You’ll love it because all you need to do is login to your Top Cashback account, access your favorite stores (Walmart.com, Bestbuy.com, etc.), do your online shopping and earn cash back as you go about doing it. It also helps show you why shopping online really can be a great idea when compared to going to traditional spots to shop.
Next up, Ibotta! The app that puts money back in your pocket from grocery purchases specifically. You grab the app for free on your smartphone then browse it for the best deals and sales on groceries, in addition to getting cashback.
There are many ways to earn cashback but my favorite is through scanning your receipts with your phone to find hidden cash. It’s so easy! Just take a photo of your receipt and get your cash. You will love this and it’s sort like a treasure hunt, which can add another layer of fun to the entire process.
This is free money, guys. Don’t miss out on this! Join for free.
Time Investment in Exchange for Unlimited Income
This is specifically with blogging! Blogging is awesome because it can be very fruitful. There are bloggers earning $100K per month! Michelle makes six figures almost every month. Ashli earns $5K to $7K per month on her new blog. Jenn (psstt..that’s ME!) makes $10K+ per month blogging (she teaches you how to make your first $1,000 right here).
Learn how to start your blog super easily and start your journey to making money passively by writing about things that matter to you.
Rent out your Vehicle
Use Turo and rent out your car. Just like Airbnb renting out your place to short term renters, you can do the same thing with your car. Think about it. Are you home all weekend? Do your mid-week days off result in you just hanging in your home? Why not rent out your car during this time? You can earn income this way by doing absolutely nothing, and you’ll know that your car is getting regular runs, which is important to make sure that you keep it tuned-up.
Passive income and you really aren’t giving up anything to get it! Well, except your car keys.
Renting out Your Home
This works the same way car rental does. If you have an investment property or have your own home (including houseboats and condos), look to Airbnb. You can make a LOT of money with short term rentals using your own home.
This is a no-brainer. Keep in mind, you can also still live in your home, making a killing renting out a spare room, the garage, even a houseboat you own, etc.
Think about it…
1 spare room at $75/night (rents out 10 nights/month)=$750!
1 entire house at $200/night (rents out 10 nights/month)=$2,000!
All it takes is a bit of space that you really aren’t using, and you’ll be able to enjoy the comfort of knowing that you aren’t wasting time or space, Plus, you’ll be able to still use it freely when you want, since you sent the availability up based on when you want it listed. Don’t want anyone in for 2 weeks in December? You can specify that. You’re still in control!
Teach Courses Online
Create a course. Sell it. That’s it! Simple formula, right? It’s really great for those with education and the background to set it up.
Imagine this…You write an awesome course and price it at $100. You sell around 20/month. That’s a cool $2,000 passively earned. If you make more courses, you can double your earnings and even more than that!
My favorite platforms for creating courses:
Teachable gives you a lot of flexibility. You can create courses with ease, and choose from free or paid. And, price the course however you wish– subscription, one-time, etc. You pay an affordable monthly fee based on the package you select. It’s really an excellent way to stay in control of your course in all of the ways that matter.
Udemy is free to join. Your courses can be priced as you wish however, they will be included in sales that Udemy offers from time to time. So, if you belong to Udemy, your $200 course could be slashed to $10, during a sale or promo period. That’s something to consider if you are looking for going with the flow in pricing. It could be a great way to get the word out about the course as well.
Just like courses, you can make a LOT of money by writing ebooks. Write it. Sell it. Just like that. Ebooks are usually priced lower than courses but the friendlier price point may result in a greater number of sales. Plus you can get some great reviews for the ebooks, too.
Tips for creating awesome ebooks:
- Write for your audience: Your audience determines whether your book sells or not, really, so make sure that always keep them and their needs in mind.
- Solve a problem or answer a burning question: Your ebook should be in existence for a reason. Remember that reason while writing it.
- Make it professional: Make sure it’s thoroughly edited and proofread so that it is professional.
- Test it: Beta readers can be the best way to see how your book is performing. A lot of them are affordable or even free!
- Price accordingly: Make sure you price your ebook competitively but still high enough for you to make some money off of it.
Create digital products
Some examples: printables, guides, etc. Just like courses and ebooks, creating digital products are a great way to make income passively. Multiply the number of products you create to make even MORE money!
Don’t overthink this too much. Create your product using tools you already have access to, like MS Word, MS Powerpoint, Canva, etc. Distribute using tools like Sendowl (my favorite) or Gumroad. You don’t need to invest in expensive equipment in order to make a profit for it.
Get Paid to have an app on your phone
You can install an app on your smartphone and get paid for doing absolutely nothing. No actual work and you’ll receive a steady income. Crazy right?
How cool would it be to earn extra money just for installing an app? No strings attached!
Here are some companies that offer this:
- Nielsen Panel
- Survey Savvy
Get Paid to lose weight
Yes, this IS a thing. The first way you can earn is through a program called Healthy Wage. It’s super simple and you can EARN a LOT doing this. Simply sign up with Healthy Wage, set your weight loss goals and make your wagers.
You’ll set a wager of say, $25 per month and contribute that amount to Healthy Wage every single month until you reach your goal. If you reach your goal, Healthy Wage pays you! Yes, seriously! I’ve read success stories of women earning $3,000 to $4,000 after hitting their weight loss goal! No joke. Read about them here.
So, you see, it does PAY to lose weight!
The second option is through a tool called Sweatcoin.
Sweatcoin is so fun. It’s an app that rewards you for the daily steps you take! Literally, get paid to walk. I recently installed this free app on my Vegas vacation. Walking 20K to 30K steps per day for 4-5 days certainly pays! Grab this (it’s free)!
I’ve been into dropshipping for years. I have earned six figures doing it.
Here’s how it works:
Step 1.) Open an online shop selling products you love and care about
Step 2.) Sell products
Step 3.) Dropship and earn money
If you go through Shopify, you can automate the entire process making a real cash machine with dropshipping passively. Use an app called Oberlo which lets you automatically import products into your store AND fulfill orders as they come in. It’s super easy.
There are tons of kids and teenagers who are making $30,000 to $50,000 per month with Shopify and dropshipping. Get inspired by reading and watching more about dropshipping.
Get Paid to online shop
If you regularly shop online on Amazon as I do, you’ll be happy to hear that this company will pay you to track your purchase history. Earn money instantly for doing nothing more than what you are ALREADY doing! This company, Shoptracker, will send you a $3 Visa gift card and additional money every month thereafter when you install their app. So easy right? Join right here.
See if Stores Owe You Money
Have you heard of Paribus? This neat little app scans your online purchase history to see if stores owe you cashback on your purchases. It’s the easiest thing ever and totally free. Sign up for free and see what cashback you’re in store for! There are many more perks to this.
I recently made an Amazon purchase of 3 items: 2 pairs of sunglasses and 1 iPad case. 1 pair of sunnies and the iPad case made it to me on time but my other pair or sunnies were delayed, arriving a day late. It was really no biggie to me but Paribus identified the late arrival and sent me an email with exactly what to email Amazon so I could get a month of Amazon Prime for free and a credit.
I did it and less than 6 hours later, Amazon replied back and gave me a lovely credit. All this for just speaking up. Do you know how many late shipments I could have done this with? I don’t get a lot, granted, however, for the one or two that may happen during the year, it’s great to know that you can be compensated for Amazon not living up to their shipping promise. Always a plus when dealing with the bigger companies, that for sure.
A New Kind of Real Estate Investing
So, there’s this company called Fundrise. They actively acquire and improve real estate on your behalf. Your investment gets diversified across tons of individual real estate properties. You start by joining for free. Then, you get to pick an investment plan.
It’s a REALLY EASY way to get your toes wet with real estate investing. If you’re unhappy or not satisfied within the first 90 days, Fundrise will actually buy your investment back so that you can trust your money! It’s fun and really unique to look at it as a money maker and an investment.
Get Into Peer to Peer Lending
Try Lending Club. If you wanna earn way more interest on your money than you can in your bank account, check this out…
Passive income is a very real opportunity that can be had. How awesome would it be to earn income while asleep? Earn income while on vacation? Earn income while doing nothing? Try out these passive income ideas to start building your wealth, starting today. It really is possible when you know where to turn to bring in that extra coin that you’re looking for.